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PROGRESS SOFTWARE CORP（PRGS）与Proto Labs Inc（PRLB）财务数据对比。点击上方公司名可切换其他公司
PROGRESS SOFTWARE CORP的季度营收约是Proto Labs Inc的1.8倍（$252.7M vs $139.3M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs 5.8%，领先4.4%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 10.4%），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 5.3%）
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
PRGS vs PRLB — 直观对比
营收规模更大
PRGS
是对方的1.8倍
$139.3M
营收增速更快
PRGS
高出7.1%
10.4%
净利率更高
PRGS
高出4.4%
5.8%
两年增速更快
PRGS
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $252.7M | $139.3M |
| 净利润 | $25.7M | $8.1M |
| 毛利率 | 81.6% | 45.6% |
| 营业利润率 | 15.2% | 7.1% |
| 净利率 | 10.2% | 5.8% |
| 营收同比 | 17.5% | 10.4% |
| 净利润同比 | 2144.6% | 125.4% |
| 每股收益（稀释后） | $0.59 | $0.29 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PRGSPRLB
| Q1 26 | — | $139.3M | ||
| Q4 25 | $252.7M | $136.5M | ||
| Q3 25 | $249.8M | $135.4M | ||
| Q2 25 | $237.4M | $135.1M | ||
| Q1 25 | $238.0M | $126.2M | ||
| Q4 24 | $215.0M | $121.8M | ||
| Q3 24 | $178.7M | $125.6M | ||
| Q2 24 | $175.1M | $125.6M |
净利润PRGSPRLB
| Q1 26 | — | $8.1M | ||
| Q4 25 | $25.7M | — | ||
| Q3 25 | $19.4M | $7.2M | ||
| Q2 25 | $17.0M | $4.4M | ||
| Q1 25 | $10.9M | $3.6M | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $28.5M | $7.2M | ||
| Q2 24 | $16.2M | $4.5M |
毛利率PRGSPRLB
| Q1 26 | — | 45.6% | ||
| Q4 25 | 81.6% | 44.2% | ||
| Q3 25 | 81.0% | 45.3% | ||
| Q2 25 | 80.1% | 44.3% | ||
| Q1 25 | 80.6% | 44.1% | ||
| Q4 24 | 83.0% | 42.7% | ||
| Q3 24 | 83.7% | 45.6% | ||
| Q2 24 | 81.7% | 45.0% |
营业利润率PRGSPRLB
| Q1 26 | — | 7.1% | ||
| Q4 25 | 15.2% | 5.0% | ||
| Q3 25 | 17.6% | 6.5% | ||
| Q2 25 | 16.3% | 3.7% | ||
| Q1 25 | 13.6% | 3.6% | ||
| Q4 24 | 10.0% | -1.2% | ||
| Q3 24 | 22.6% | 6.8% | ||
| Q2 24 | 15.5% | 4.8% |
净利率PRGSPRLB
| Q1 26 | — | 5.8% | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 7.8% | 5.3% | ||
| Q2 25 | 7.2% | 3.3% | ||
| Q1 25 | 4.6% | 2.9% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 15.9% | 5.7% | ||
| Q2 24 | 9.2% | 3.6% |
每股收益（稀释后）PRGSPRLB
| Q1 26 | — | $0.29 | ||
| Q4 25 | $0.59 | $0.25 | ||
| Q3 25 | $0.44 | $0.30 | ||
| Q2 25 | $0.39 | $0.18 | ||
| Q1 25 | $0.24 | $0.15 | ||
| Q4 24 | $0.01 | $-0.01 | ||
| Q3 24 | $0.65 | $0.29 | ||
| Q2 24 | $0.37 | $0.18 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $94.8M | $124.0M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $478.3M | $683.1M |
| 总资产 | $2.5B | $778.6M |
| 负债/权益比越低杠杆越低 | 2.93× | — |
8季度趋势，按日历期对齐
现金及短期投资PRGSPRLB
| Q1 26 | — | $124.0M | ||
| Q4 25 | $94.8M | $128.1M | ||
| Q3 25 | $99.0M | $119.2M | ||
| Q2 25 | $102.0M | $103.2M | ||
| Q1 25 | $124.2M | $96.8M | ||
| Q4 24 | $118.1M | $103.1M | ||
| Q3 24 | $232.7M | $100.5M | ||
| Q2 24 | $190.4M | $112.9M |
总债务PRGSPRLB
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PRGSPRLB
| Q1 26 | — | $683.1M | ||
| Q4 25 | $478.3M | $673.9M | ||
| Q3 25 | $477.7M | $664.7M | ||
| Q2 25 | $452.7M | $664.7M | ||
| Q1 25 | $431.8M | $656.8M | ||
| Q4 24 | $438.8M | $670.2M | ||
| Q3 24 | $425.6M | $680.0M | ||
| Q2 24 | $401.7M | $685.2M |
总资产PRGSPRLB
| Q1 26 | — | $778.6M | ||
| Q4 25 | $2.5B | $763.4M | ||
| Q3 25 | $2.4B | $756.9M | ||
| Q2 25 | $2.4B | $743.3M | ||
| Q1 25 | $2.5B | $737.5M | ||
| Q4 24 | $2.5B | $743.5M | ||
| Q3 24 | $1.6B | $753.8M | ||
| Q2 24 | $1.6B | $758.2M |
负债/权益比PRGSPRLB
| Q1 26 | — | — | ||
| Q4 25 | 2.93× | — | ||
| Q3 25 | 2.97× | — | ||
| Q2 25 | 3.22× | — | ||
| Q1 25 | 3.50× | — | ||
| Q4 24 | 3.48× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $62.8M | $17.5M |
| 自由现金流经营现金流 - 资本支出 | $59.9M | — |
| 自由现金流率自由现金流/营收 | 23.7% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 2.44× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $229.5M | — |
8季度趋势，按日历期对齐
经营现金流PRGSPRLB
| Q1 26 | — | $17.5M | ||
| Q4 25 | $62.8M | $16.5M | ||
| Q3 25 | $73.4M | $29.1M | ||
| Q2 25 | $30.0M | $10.6M | ||
| Q1 25 | $68.9M | $18.4M | ||
| Q4 24 | $19.7M | $17.3M | ||
| Q3 24 | $57.7M | $24.8M | ||
| Q2 24 | $63.7M | $14.4M |
自由现金流PRGSPRLB
| Q1 26 | — | — | ||
| Q4 25 | $59.9M | $8.4M | ||
| Q3 25 | $72.4M | $25.0M | ||
| Q2 25 | $29.5M | $9.1M | ||
| Q1 25 | $67.7M | $17.1M | ||
| Q4 24 | $16.8M | $16.5M | ||
| Q3 24 | $56.6M | $23.2M | ||
| Q2 24 | $62.7M | $10.2M |
自由现金流率PRGSPRLB
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | 6.2% | ||
| Q3 25 | 29.0% | 18.5% | ||
| Q2 25 | 12.4% | 6.7% | ||
| Q1 25 | 28.4% | 13.6% | ||
| Q4 24 | 7.8% | 13.5% | ||
| Q3 24 | 31.7% | 18.5% | ||
| Q2 24 | 35.8% | 8.2% |
资本支出强度PRGSPRLB
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 5.9% | ||
| Q3 25 | 0.4% | 3.0% | ||
| Q2 25 | 0.2% | 1.1% | ||
| Q1 25 | 0.5% | 1.0% | ||
| Q4 24 | 1.3% | 0.7% | ||
| Q3 24 | 0.6% | 1.2% | ||
| Q2 24 | 0.5% | 3.3% |
现金转化率PRGSPRLB
| Q1 26 | — | 2.16× | ||
| Q4 25 | 2.44× | — | ||
| Q3 25 | 3.78× | 4.03× | ||
| Q2 25 | 1.76× | 2.39× | ||
| Q1 25 | 6.30× | 5.11× | ||
| Q4 24 | 17.13× | — | ||
| Q3 24 | 2.03× | 3.44× | ||
| Q2 24 | 3.93× | 3.18× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
