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PROGRESS SOFTWARE CORP（PRGS）与Westrock Coffee Co（WEST）财务数据对比。点击上方公司名可切换其他公司
Westrock Coffee Co的季度营收约是PROGRESS SOFTWARE CORP的1.3倍（$339.5M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -6.6%，领先16.8%），Westrock Coffee Co同比增速更快（48.3% vs 17.5%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $27.8M），过去两年Westrock Coffee Co的营收复合增速更高（32.8% 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。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
PRGS vs WEST — 直观对比
营收规模更大
WEST
是对方的1.3倍
$252.7M
营收增速更快
WEST
高出30.7%
17.5%
净利率更高
PRGS
高出16.8%
-6.6%
自由现金流更多
PRGS
多$32.2M
$27.8M
两年增速更快
WEST
近两年复合增速
17.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $252.7M | $339.5M |
| 净利润 | $25.7M | $-22.6M |
| 毛利率 | 81.6% | 11.5% |
| 营业利润率 | 15.2% | -2.6% |
| 净利率 | 10.2% | -6.6% |
| 营收同比 | 17.5% | 48.3% |
| 净利润同比 | 2144.6% | 8.3% |
| 每股收益（稀释后） | $0.59 | $-0.22 |
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PRGSWEST
| Q4 25 | $252.7M | $339.5M | ||
| Q3 25 | $249.8M | $354.8M | ||
| Q2 25 | $237.4M | $280.9M | ||
| Q1 25 | $238.0M | $213.8M | ||
| Q4 24 | $215.0M | $229.0M | ||
| Q3 24 | $178.7M | $220.9M | ||
| Q2 24 | $175.1M | $208.4M | ||
| Q1 24 | $184.7M | $192.5M |
净利润PRGSWEST
| Q4 25 | $25.7M | $-22.6M | ||
| Q3 25 | $19.4M | $-19.1M | ||
| Q2 25 | $17.0M | $-21.6M | ||
| Q1 25 | $10.9M | $-27.2M | ||
| Q4 24 | $1.1M | $-24.6M | ||
| Q3 24 | $28.5M | $-14.3M | ||
| Q2 24 | $16.2M | $-17.8M | ||
| Q1 24 | $22.6M | $-23.7M |
毛利率PRGSWEST
| Q4 25 | 81.6% | 11.5% | ||
| Q3 25 | 81.0% | 11.7% | ||
| Q2 25 | 80.1% | 14.7% | ||
| Q1 25 | 80.6% | 13.6% | ||
| Q4 24 | 83.0% | 16.6% | ||
| Q3 24 | 83.7% | 16.8% | ||
| Q2 24 | 81.7% | 19.9% | ||
| Q1 24 | 82.2% | 19.4% |
营业利润率PRGSWEST
| Q4 25 | 15.2% | -2.6% | ||
| Q3 25 | 17.6% | -2.4% | ||
| Q2 25 | 16.3% | -5.3% | ||
| Q1 25 | 13.6% | -6.1% | ||
| Q4 24 | 10.0% | -4.3% | ||
| Q3 24 | 22.6% | -5.8% | ||
| Q2 24 | 15.5% | -7.9% | ||
| Q1 24 | 19.0% | -5.3% |
净利率PRGSWEST
| Q4 25 | 10.2% | -6.6% | ||
| Q3 25 | 7.8% | -5.4% | ||
| Q2 25 | 7.2% | -7.7% | ||
| Q1 25 | 4.6% | -12.7% | ||
| Q4 24 | 0.5% | -10.7% | ||
| Q3 24 | 15.9% | -6.5% | ||
| Q2 24 | 9.2% | -8.5% | ||
| Q1 24 | 12.3% | -12.3% |
每股收益（稀释后）PRGSWEST
| Q4 25 | $0.59 | $-0.22 | ||
| Q3 25 | $0.44 | $-0.20 | ||
| Q2 25 | $0.39 | $-0.23 | ||
| Q1 25 | $0.24 | $-0.29 | ||
| Q4 24 | $0.01 | $-0.26 | ||
| Q3 24 | $0.65 | $-0.16 | ||
| Q2 24 | $0.37 | $-0.20 | ||
| Q1 24 | $0.51 | $-0.27 |
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 | $49.9M |
| 总债务越低越好 | $1.4B | $444.1M |
| 股东权益账面价值 | $478.3M | $-1.9M |
| 总资产 | $2.5B | $1.2B |
| 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PRGSWEST
| Q4 25 | $94.8M | $49.9M | ||
| Q3 25 | $99.0M | $34.0M | ||
| Q2 25 | $102.0M | $44.0M | ||
| Q1 25 | $124.2M | $33.1M | ||
| Q4 24 | $118.1M | $26.2M | ||
| Q3 24 | $232.7M | $22.4M | ||
| Q2 24 | $190.4M | $24.3M | ||
| Q1 24 | $133.2M | $12.6M |
总债务PRGSWEST
| Q4 25 | $1.4B | $444.1M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PRGSWEST
| Q4 25 | $478.3M | $-1.9M | ||
| Q3 25 | $477.7M | $11.4M | ||
| Q2 25 | $452.7M | $18.2M | ||
| Q1 25 | $431.8M | $71.4M | ||
| Q4 24 | $438.8M | $97.5M | ||
| Q3 24 | $425.6M | $110.3M | ||
| Q2 24 | $401.7M | $81.5M | ||
| Q1 24 | $461.7M | $91.7M |
总资产PRGSWEST
| Q4 25 | $2.5B | $1.2B | ||
| Q3 25 | $2.4B | $1.2B | ||
| Q2 25 | $2.4B | $1.2B | ||
| Q1 25 | $2.5B | $1.1B | ||
| Q4 24 | $2.5B | $1.1B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.5B | $983.3M |
负债/权益比PRGSWEST
| Q4 25 | 2.93× | — | ||
| Q3 25 | 2.97× | — | ||
| Q2 25 | 3.22× | — | ||
| Q1 25 | 3.50× | — | ||
| Q4 24 | 3.48× | 4.03× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $36.7M |
| 自由现金流经营现金流 - 资本支出 | $59.9M | $27.8M |
| 自由现金流率自由现金流/营收 | 23.7% | 8.2% |
| 资本支出强度资本支出/营收 | 1.1% | 2.6% |
| 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 | $-107.8M |
8季度趋势，按日历期对齐
经营现金流PRGSWEST
| Q4 25 | $62.8M | $36.7M | ||
| Q3 25 | $73.4M | $-26.6M | ||
| Q2 25 | $30.0M | $-7.0M | ||
| Q1 25 | $68.9M | $-22.1M | ||
| Q4 24 | $19.7M | $2.8M | ||
| Q3 24 | $57.7M | $-332.0K | ||
| Q2 24 | $63.7M | $-23.7M | ||
| Q1 24 | $70.5M | $8.0M |
自由现金流PRGSWEST
| Q4 25 | $59.9M | $27.8M | ||
| Q3 25 | $72.4M | $-44.7M | ||
| Q2 25 | $29.5M | $-27.5M | ||
| Q1 25 | $67.7M | $-63.4M | ||
| Q4 24 | $16.8M | $-15.4M | ||
| Q3 24 | $56.6M | $-36.7M | ||
| Q2 24 | $62.7M | $-59.9M | ||
| Q1 24 | $70.2M | $-60.9M |
自由现金流率PRGSWEST
| Q4 25 | 23.7% | 8.2% | ||
| Q3 25 | 29.0% | -12.6% | ||
| Q2 25 | 12.4% | -9.8% | ||
| Q1 25 | 28.4% | -29.7% | ||
| Q4 24 | 7.8% | -6.7% | ||
| Q3 24 | 31.7% | -16.6% | ||
| Q2 24 | 35.8% | -28.7% | ||
| Q1 24 | 38.0% | -31.7% |
资本支出强度PRGSWEST
| Q4 25 | 1.1% | 2.6% | ||
| Q3 25 | 0.4% | 5.1% | ||
| Q2 25 | 0.2% | 7.3% | ||
| Q1 25 | 0.5% | 19.3% | ||
| Q4 24 | 1.3% | 7.9% | ||
| Q3 24 | 0.6% | 16.5% | ||
| Q2 24 | 0.5% | 17.4% | ||
| Q1 24 | 0.2% | 35.8% |
现金转化率PRGSWEST
| 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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
