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PROGRESS SOFTWARE CORP（PRGS）与WD 40 CO（WDFC）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WD 40 CO的1.6倍（$252.7M vs $154.4M），WD 40 CO净利率更高（11.3% vs 10.2%，领先1.1%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 0.6%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $9.1M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 5.4%）
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。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
PRGS vs WDFC — 直观对比
营收规模更大
PRGS
是对方的1.6倍
$154.4M
营收增速更快
PRGS
高出16.9%
0.6%
净利率更高
WDFC
高出1.1%
10.2%
自由现金流更多
PRGS
多$50.9M
$9.1M
两年增速更快
PRGS
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $252.7M | $154.4M |
| 净利润 | $25.7M | $17.5M |
| 毛利率 | 81.6% | 56.2% |
| 营业利润率 | 15.2% | 15.1% |
| 净利率 | 10.2% | 11.3% |
| 营收同比 | 17.5% | 0.6% |
| 净利润同比 | 2144.6% | -7.8% |
| 每股收益（稀释后） | $0.59 | $1.28 |
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PRGSWDFC
| Q4 25 | $252.7M | $154.4M | ||
| Q3 25 | $249.8M | $163.5M | ||
| Q2 25 | $237.4M | $156.9M | ||
| Q1 25 | $238.0M | $146.1M | ||
| Q4 24 | $215.0M | $153.5M | ||
| Q3 24 | $178.7M | $156.0M | ||
| Q2 24 | $175.1M | $155.0M | ||
| Q1 24 | $184.7M | $139.1M |
净利润PRGSWDFC
| Q4 25 | $25.7M | $17.5M | ||
| Q3 25 | $19.4M | $21.2M | ||
| Q2 25 | $17.0M | $21.0M | ||
| Q1 25 | $10.9M | $29.9M | ||
| Q4 24 | $1.1M | $18.9M | ||
| Q3 24 | $28.5M | $16.8M | ||
| Q2 24 | $16.2M | $19.8M | ||
| Q1 24 | $22.6M | $15.5M |
毛利率PRGSWDFC
| Q4 25 | 81.6% | 56.2% | ||
| Q3 25 | 81.0% | 54.7% | ||
| Q2 25 | 80.1% | 56.2% | ||
| Q1 25 | 80.6% | 54.6% | ||
| Q4 24 | 83.0% | 54.8% | ||
| Q3 24 | 83.7% | 54.1% | ||
| Q2 24 | 81.7% | 53.1% | ||
| Q1 24 | 82.2% | 52.4% |
营业利润率PRGSWDFC
| Q4 25 | 15.2% | 15.1% | ||
| Q3 25 | 17.6% | 17.1% | ||
| Q2 25 | 16.3% | 17.4% | ||
| Q1 25 | 13.6% | 15.9% | ||
| Q4 24 | 10.0% | 16.4% | ||
| Q3 24 | 22.6% | 15.4% | ||
| Q2 24 | 15.5% | 17.5% | ||
| Q1 24 | 19.0% | 15.1% |
净利率PRGSWDFC
| Q4 25 | 10.2% | 11.3% | ||
| Q3 25 | 7.8% | 13.0% | ||
| Q2 25 | 7.2% | 13.4% | ||
| Q1 25 | 4.6% | 20.4% | ||
| Q4 24 | 0.5% | 12.3% | ||
| Q3 24 | 15.9% | 10.8% | ||
| Q2 24 | 9.2% | 12.8% | ||
| Q1 24 | 12.3% | 11.2% |
每股收益（稀释后）PRGSWDFC
| Q4 25 | $0.59 | $1.28 | ||
| Q3 25 | $0.44 | $1.57 | ||
| Q2 25 | $0.39 | $1.54 | ||
| Q1 25 | $0.24 | $2.19 | ||
| Q4 24 | $0.01 | $1.39 | ||
| Q3 24 | $0.65 | $1.23 | ||
| Q2 24 | $0.37 | $1.46 | ||
| Q1 24 | $0.51 | $1.14 |
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 | $48.6M |
| 总债务越低越好 | $1.4B | $85.7M |
| 股东权益账面价值 | $478.3M | $264.1M |
| 总资产 | $2.5B | $459.7M |
| 负债/权益比越低杠杆越低 | 2.93× | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资PRGSWDFC
| Q4 25 | $94.8M | $48.6M | ||
| Q3 25 | $99.0M | $58.1M | ||
| Q2 25 | $102.0M | $51.7M | ||
| Q1 25 | $124.2M | $53.0M | ||
| Q4 24 | $118.1M | $54.9M | ||
| Q3 24 | $232.7M | $46.7M | ||
| Q2 24 | $190.4M | $45.3M | ||
| Q1 24 | $133.2M | $55.4M |
总债务PRGSWDFC
| Q4 25 | $1.4B | $85.7M | ||
| Q3 25 | $1.4B | $86.2M | ||
| Q2 25 | $1.5B | $85.6M | ||
| Q1 25 | $1.5B | $84.4M | ||
| Q4 24 | $1.5B | $84.6M | ||
| Q3 24 | — | $86.0M | ||
| Q2 24 | — | $85.5M | ||
| Q1 24 | — | $85.9M |
股东权益PRGSWDFC
| Q4 25 | $478.3M | $264.1M | ||
| Q3 25 | $477.7M | $268.2M | ||
| Q2 25 | $452.7M | $257.1M | ||
| Q1 25 | $431.8M | $242.1M | ||
| Q4 24 | $438.8M | $226.3M | ||
| Q3 24 | $425.6M | $230.5M | ||
| Q2 24 | $401.7M | $222.2M | ||
| Q1 24 | $461.7M | $216.3M |
总资产PRGSWDFC
| Q4 25 | $2.5B | $459.7M | ||
| Q3 25 | $2.4B | $475.8M | ||
| Q2 25 | $2.4B | $456.0M | ||
| Q1 25 | $2.5B | $458.3M | ||
| Q4 24 | $2.5B | $447.3M | ||
| Q3 24 | $1.6B | $449.0M | ||
| Q2 24 | $1.6B | $443.6M | ||
| Q1 24 | $1.5B | $442.0M |
负债/权益比PRGSWDFC
| Q4 25 | 2.93× | 0.32× | ||
| Q3 25 | 2.97× | 0.32× | ||
| Q2 25 | 3.22× | 0.33× | ||
| Q1 25 | 3.50× | 0.35× | ||
| Q4 24 | 3.48× | 0.37× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.40× |
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 | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $59.9M | $9.1M |
| 自由现金流率自由现金流/营收 | 23.7% | 5.9% |
| 资本支出强度资本支出/营收 | 1.1% | 0.6% |
| 现金转化率经营现金流/净利润 | 2.44× | 0.57× |
| 过去12个月自由现金流最近4个季度 | $229.5M | $78.2M |
8季度趋势，按日历期对齐
经营现金流PRGSWDFC
| Q4 25 | $62.8M | $10.0M | ||
| Q3 25 | $73.4M | $29.9M | ||
| Q2 25 | $30.0M | $35.1M | ||
| Q1 25 | $68.9M | $8.0M | ||
| Q4 24 | $19.7M | $14.9M | ||
| Q3 24 | $57.7M | $27.2M | ||
| Q2 24 | $63.7M | $19.9M | ||
| Q1 24 | $70.5M | $18.0M |
自由现金流PRGSWDFC
| Q4 25 | $59.9M | $9.1M | ||
| Q3 25 | $72.4M | $28.6M | ||
| Q2 25 | $29.5M | $34.0M | ||
| Q1 25 | $67.7M | $6.6M | ||
| Q4 24 | $16.8M | $14.2M | ||
| Q3 24 | $56.6M | $26.4M | ||
| Q2 24 | $62.7M | $18.7M | ||
| Q1 24 | $70.2M | $16.7M |
自由现金流率PRGSWDFC
| Q4 25 | 23.7% | 5.9% | ||
| Q3 25 | 29.0% | 17.5% | ||
| Q2 25 | 12.4% | 21.6% | ||
| Q1 25 | 28.4% | 4.5% | ||
| Q4 24 | 7.8% | 9.3% | ||
| Q3 24 | 31.7% | 16.9% | ||
| Q2 24 | 35.8% | 12.0% | ||
| Q1 24 | 38.0% | 12.0% |
资本支出强度PRGSWDFC
| Q4 25 | 1.1% | 0.6% | ||
| Q3 25 | 0.4% | 0.8% | ||
| Q2 25 | 0.2% | 0.7% | ||
| Q1 25 | 0.5% | 0.9% | ||
| Q4 24 | 1.3% | 0.5% | ||
| Q3 24 | 0.6% | 0.5% | ||
| Q2 24 | 0.5% | 0.8% | ||
| Q1 24 | 0.2% | 0.9% |
现金转化率PRGSWDFC
| Q4 25 | 2.44× | 0.57× | ||
| Q3 25 | 3.78× | 1.41× | ||
| Q2 25 | 1.76× | 1.67× | ||
| Q1 25 | 6.30× | 0.27× | ||
| Q4 24 | 17.13× | 0.79× | ||
| Q3 24 | 2.03× | 1.62× | ||
| Q2 24 | 3.93× | 1.00× | ||
| Q1 24 | 3.11× | 1.16× |
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% |
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
