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PROGRESS SOFTWARE CORP（PRGS）与Rocket Lab Corp（RKLB）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Rocket Lab Corp的1.4倍（$252.7M vs $179.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -29.5%，领先39.6%），Rocket Lab Corp同比增速更快（35.7% vs 17.5%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 17.0%）
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。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
PRGS vs RKLB — 直观对比
营收规模更大
PRGS
是对方的1.4倍
$179.7M
营收增速更快
RKLB
高出18.2%
17.5%
净利率更高
PRGS
高出39.6%
-29.5%
自由现金流更多
PRGS
多$174.1M
$-114.2M
两年增速更快
RKLB
近两年复合增速
17.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $252.7M | $179.7M |
| 净利润 | $25.7M | $-52.9M |
| 毛利率 | 81.6% | 38.0% |
| 营业利润率 | 15.2% | -28.4% |
| 净利率 | 10.2% | -29.5% |
| 营收同比 | 17.5% | 35.7% |
| 净利润同比 | 2144.6% | -1.1% |
| 每股收益（稀释后） | $0.59 | $-0.09 |
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PRGSRKLB
| Q4 25 | $252.7M | $179.7M | ||
| Q3 25 | $249.8M | $155.1M | ||
| Q2 25 | $237.4M | $144.5M | ||
| Q1 25 | $238.0M | $122.6M | ||
| Q4 24 | $215.0M | $132.4M | ||
| Q3 24 | $178.7M | $104.8M | ||
| Q2 24 | $175.1M | $106.3M | ||
| Q1 24 | $184.7M | $92.8M |
净利润PRGSRKLB
| Q4 25 | $25.7M | $-52.9M | ||
| Q3 25 | $19.4M | $-18.3M | ||
| Q2 25 | $17.0M | $-66.4M | ||
| Q1 25 | $10.9M | $-60.6M | ||
| Q4 24 | $1.1M | $-52.3M | ||
| Q3 24 | $28.5M | $-51.9M | ||
| Q2 24 | $16.2M | $-41.6M | ||
| Q1 24 | $22.6M | $-44.3M |
毛利率PRGSRKLB
| Q4 25 | 81.6% | 38.0% | ||
| Q3 25 | 81.0% | 37.0% | ||
| Q2 25 | 80.1% | 32.1% | ||
| Q1 25 | 80.6% | 28.8% | ||
| Q4 24 | 83.0% | 27.8% | ||
| Q3 24 | 83.7% | 26.7% | ||
| Q2 24 | 81.7% | 25.6% | ||
| Q1 24 | 82.2% | 26.1% |
营业利润率PRGSRKLB
| Q4 25 | 15.2% | -28.4% | ||
| Q3 25 | 17.6% | -38.0% | ||
| Q2 25 | 16.3% | -41.3% | ||
| Q1 25 | 13.6% | -48.3% | ||
| Q4 24 | 10.0% | -38.9% | ||
| Q3 24 | 22.6% | -49.5% | ||
| Q2 24 | 15.5% | -40.7% | ||
| Q1 24 | 19.0% | -46.4% |
净利率PRGSRKLB
| Q4 25 | 10.2% | -29.5% | ||
| Q3 25 | 7.8% | -11.8% | ||
| Q2 25 | 7.2% | -46.0% | ||
| Q1 25 | 4.6% | -49.5% | ||
| Q4 24 | 0.5% | -39.5% | ||
| Q3 24 | 15.9% | -49.6% | ||
| Q2 24 | 9.2% | -39.2% | ||
| Q1 24 | 12.3% | -47.7% |
每股收益（稀释后）PRGSRKLB
| Q4 25 | $0.59 | $-0.09 | ||
| Q3 25 | $0.44 | $-0.03 | ||
| Q2 25 | $0.39 | $-0.13 | ||
| Q1 25 | $0.24 | $-0.12 | ||
| Q4 24 | $0.01 | $-0.11 | ||
| Q3 24 | $0.65 | $-0.10 | ||
| Q2 24 | $0.37 | $-0.08 | ||
| Q1 24 | $0.51 | $-0.09 |
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 | $1.0B |
| 总债务越低越好 | $1.4B | $152.4M |
| 股东权益账面价值 | $478.3M | $1.7B |
| 总资产 | $2.5B | $2.3B |
| 负债/权益比越低杠杆越低 | 2.93× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资PRGSRKLB
| Q4 25 | $94.8M | $1.0B | ||
| Q3 25 | $99.0M | $976.7M | ||
| Q2 25 | $102.0M | $688.1M | ||
| Q1 25 | $124.2M | $428.4M | ||
| Q4 24 | $118.1M | $419.0M | ||
| Q3 24 | $232.7M | $442.4M | ||
| Q2 24 | $190.4M | $496.8M | ||
| Q1 24 | $133.2M | $492.5M |
总债务PRGSRKLB
| Q4 25 | $1.4B | $152.4M | ||
| Q3 25 | $1.4B | $347.0M | ||
| Q2 25 | $1.5B | $346.5M | ||
| Q1 25 | $1.5B | $345.9M | ||
| Q4 24 | $1.5B | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益PRGSRKLB
| Q4 25 | $478.3M | $1.7B | ||
| Q3 25 | $477.7M | $1.3B | ||
| Q2 25 | $452.7M | $688.5M | ||
| Q1 25 | $431.8M | $431.3M | ||
| Q4 24 | $438.8M | $382.5M | ||
| Q3 24 | $425.6M | $419.8M | ||
| Q2 24 | $401.7M | $455.2M | ||
| Q1 24 | $461.7M | $478.9M |
总资产PRGSRKLB
| Q4 25 | $2.5B | $2.3B | ||
| Q3 25 | $2.4B | $2.2B | ||
| Q2 25 | $2.4B | $1.6B | ||
| Q1 25 | $2.5B | $1.3B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B | ||
| Q1 24 | $1.5B | $1.2B |
负债/权益比PRGSRKLB
| Q4 25 | 2.93× | 0.09× | ||
| Q3 25 | 2.97× | 0.27× | ||
| Q2 25 | 3.22× | 0.50× | ||
| Q1 25 | 3.50× | 0.80× | ||
| Q4 24 | 3.48× | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $59.9M | $-114.2M |
| 自由现金流率自由现金流/营收 | 23.7% | -63.6% |
| 资本支出强度资本支出/营收 | 1.1% | 27.6% |
| 现金转化率经营现金流/净利润 | 2.44× | — |
| 过去12个月自由现金流最近4个季度 | $229.5M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流PRGSRKLB
| Q4 25 | $62.8M | $-64.5M | ||
| Q3 25 | $73.4M | $-23.5M | ||
| Q2 25 | $30.0M | $-23.2M | ||
| Q1 25 | $68.9M | $-54.2M | ||
| Q4 24 | $19.7M | $-2.4M | ||
| Q3 24 | $57.7M | $-30.9M | ||
| Q2 24 | $63.7M | $-13.0M | ||
| Q1 24 | $70.5M | $-2.6M |
自由现金流PRGSRKLB
| Q4 25 | $59.9M | $-114.2M | ||
| Q3 25 | $72.4M | $-69.4M | ||
| Q2 25 | $29.5M | $-55.3M | ||
| Q1 25 | $67.7M | $-82.9M | ||
| Q4 24 | $16.8M | $-23.9M | ||
| Q3 24 | $56.6M | $-41.9M | ||
| Q2 24 | $62.7M | $-28.3M | ||
| Q1 24 | $70.2M | $-21.8M |
自由现金流率PRGSRKLB
| Q4 25 | 23.7% | -63.6% | ||
| Q3 25 | 29.0% | -44.8% | ||
| Q2 25 | 12.4% | -38.3% | ||
| Q1 25 | 28.4% | -67.6% | ||
| Q4 24 | 7.8% | -18.1% | ||
| Q3 24 | 31.7% | -40.0% | ||
| Q2 24 | 35.8% | -26.7% | ||
| Q1 24 | 38.0% | -23.5% |
资本支出强度PRGSRKLB
| Q4 25 | 1.1% | 27.6% | ||
| Q3 25 | 0.4% | 29.6% | ||
| Q2 25 | 0.2% | 22.2% | ||
| Q1 25 | 0.5% | 23.4% | ||
| Q4 24 | 1.3% | 16.3% | ||
| Q3 24 | 0.6% | 10.5% | ||
| Q2 24 | 0.5% | 14.4% | ||
| Q1 24 | 0.2% | 20.7% |
现金转化率PRGSRKLB
| Q4 25 | 2.44× | — | ||
| Q3 25 | 3.78× | — | ||
| Q2 25 | 1.76× | — | ||
| Q1 25 | 6.30× | — | ||
| Q4 24 | 17.13× | — | ||
| Q3 24 | 2.03× | — | ||
| Q2 24 | 3.93× | — | ||
| Q1 24 | 3.11× | — |
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% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
