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PTC Inc.（PTC）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是PTC Inc.的1.2倍（$814.9M vs $685.8M），Ubiquiti Inc.净利率更高（28.7% vs 24.3%，领先4.4%），Ubiquiti Inc.同比增速更快（35.8% vs 21.4%），PTC Inc.自由现金流更多（$267.4M vs $260.3M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs 6.6%）
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
PTC vs UI — 直观对比
营收规模更大
UI
是对方的1.2倍
$685.8M
营收增速更快
UI
高出14.5%
21.4%
净利率更高
UI
高出4.4%
24.3%
自由现金流更多
PTC
多$7.1M
$260.3M
两年增速更快
UI
近两年复合增速
6.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $685.8M | $814.9M |
| 净利润 | $166.5M | $233.6M |
| 毛利率 | 82.8% | 45.9% |
| 营业利润率 | 32.2% | 35.9% |
| 净利率 | 24.3% | 28.7% |
| 营收同比 | 21.4% | 35.8% |
| 净利润同比 | 102.5% | 70.8% |
| 每股收益（稀释后） | $1.39 | $3.86 |
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PTCUI
| Q4 25 | $685.8M | $814.9M | ||
| Q3 25 | $893.8M | $733.8M | ||
| Q2 25 | $643.9M | $759.2M | ||
| Q1 25 | $636.4M | $664.2M | ||
| Q4 24 | $565.1M | $599.9M | ||
| Q3 24 | $626.5M | $550.3M | ||
| Q2 24 | $518.6M | $507.5M | ||
| Q1 24 | $603.1M | $493.0M |
净利润PTCUI
| Q4 25 | $166.5M | $233.6M | ||
| Q3 25 | $347.8M | $207.9M | ||
| Q2 25 | $141.3M | $266.7M | ||
| Q1 25 | $162.6M | $180.4M | ||
| Q4 24 | $82.2M | $136.8M | ||
| Q3 24 | $126.5M | $128.0M | ||
| Q2 24 | $69.0M | $103.8M | ||
| Q1 24 | $114.4M | $76.3M |
毛利率PTCUI
| Q4 25 | 82.8% | 45.9% | ||
| Q3 25 | 86.9% | 46.0% | ||
| Q2 25 | 82.9% | 45.1% | ||
| Q1 25 | 83.3% | 44.5% | ||
| Q4 24 | 80.2% | 41.2% | ||
| Q3 24 | 82.0% | 42.1% | ||
| Q2 24 | 78.4% | 40.2% | ||
| Q1 24 | 81.8% | 35.3% |
营业利润率PTCUI
| Q4 25 | 32.2% | 35.9% | ||
| Q3 25 | 48.5% | 35.7% | ||
| Q2 25 | 32.6% | 34.4% | ||
| Q1 25 | 35.1% | 34.2% | ||
| Q4 24 | 20.4% | 29.8% | ||
| Q3 24 | 31.0% | 30.7% | ||
| Q2 24 | 18.5% | 27.3% | ||
| Q1 24 | 29.8% | 22.6% |
净利率PTCUI
| Q4 25 | 24.3% | 28.7% | ||
| Q3 25 | 38.9% | 28.3% | ||
| Q2 25 | 21.9% | 35.1% | ||
| Q1 25 | 25.6% | 27.2% | ||
| Q4 24 | 14.6% | 22.8% | ||
| Q3 24 | 20.2% | 23.3% | ||
| Q2 24 | 13.3% | 20.5% | ||
| Q1 24 | 19.0% | 15.5% |
每股收益（稀释后）PTCUI
| Q4 25 | $1.39 | $3.86 | ||
| Q3 25 | $2.88 | $3.43 | ||
| Q2 25 | $1.17 | $4.40 | ||
| Q1 25 | $1.35 | $2.98 | ||
| Q4 24 | $0.68 | $2.26 | ||
| Q3 24 | $1.05 | $2.12 | ||
| Q2 24 | $0.57 | $1.72 | ||
| Q1 24 | $0.95 | $1.26 |
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 | $209.7M | $302.8M |
| 总债务越低越好 | $1.2B | $47.5M |
| 股东权益账面价值 | $3.8B | $1.0B |
| 总资产 | $6.4B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.31× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资PTCUI
| Q4 25 | $209.7M | $302.8M | ||
| Q3 25 | $184.4M | $177.2M | ||
| Q2 25 | $199.3M | $149.7M | ||
| Q1 25 | $235.2M | $151.0M | ||
| Q4 24 | $196.3M | $133.1M | ||
| Q3 24 | $265.8M | $165.2M | ||
| Q2 24 | $247.7M | $126.3M | ||
| Q1 24 | $249.0M | $102.5M |
总债务PTCUI
| Q4 25 | $1.2B | $47.5M | ||
| Q3 25 | $1.2B | $133.8M | ||
| Q2 25 | $1.2B | $250.0M | ||
| Q1 25 | $1.4B | $340.0M | ||
| Q4 24 | $1.0B | $406.3M | ||
| Q3 24 | $1.2B | $552.5M | ||
| Q2 24 | $1.3B | $708.1M | ||
| Q1 24 | $1.5B | $877.5M |
股东权益PTCUI
| Q4 25 | $3.8B | $1.0B | ||
| Q3 25 | $3.8B | $828.4M | ||
| Q2 25 | $3.5B | $668.3M | ||
| Q1 25 | $3.4B | $436.1M | ||
| Q4 24 | $3.2B | $290.4M | ||
| Q3 24 | $3.2B | $188.1M | ||
| Q2 24 | $3.0B | $95.1M | ||
| Q1 24 | $2.9B | $25.9M |
总资产PTCUI
| Q4 25 | $6.4B | $1.6B | ||
| Q3 25 | $6.6B | $1.5B | ||
| Q2 25 | $6.2B | $1.5B | ||
| Q1 25 | $6.2B | $1.3B | ||
| Q4 24 | $6.1B | $1.2B | ||
| Q3 24 | $6.4B | $1.2B | ||
| Q2 24 | $6.1B | $1.2B | ||
| Q1 24 | $6.2B | $1.2B |
负债/权益比PTCUI
| Q4 25 | 0.31× | 0.05× | ||
| Q3 25 | 0.31× | 0.16× | ||
| Q2 25 | 0.34× | 0.37× | ||
| Q1 25 | 0.40× | 0.78× | ||
| Q4 24 | 0.32× | 1.40× | ||
| Q3 24 | 0.38× | 2.94× | ||
| Q2 24 | 0.43× | 7.45× | ||
| Q1 24 | 0.51× | 33.92× |
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 | $269.7M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $267.4M | $260.3M |
| 自由现金流率自由现金流/营收 | 39.0% | 31.9% |
| 资本支出强度资本支出/营收 | 0.3% | 0.4% |
| 现金转化率经营现金流/净利润 | 1.62× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $888.4M | $699.5M |
8季度趋势，按日历期对齐
经营现金流PTCUI
| Q4 25 | $269.7M | $263.9M | ||
| Q3 25 | $104.0M | $198.5M | ||
| Q2 25 | $243.9M | $130.4M | ||
| Q1 25 | $281.3M | $123.6M | ||
| Q4 24 | $238.4M | $152.4M | ||
| Q3 24 | $98.1M | $233.7M | ||
| Q2 24 | $213.8M | $231.4M | ||
| Q1 24 | $250.7M | $163.9M |
自由现金流PTCUI
| Q4 25 | $267.4M | $260.3M | ||
| Q3 25 | $100.5M | $193.3M | ||
| Q2 25 | $242.0M | $125.2M | ||
| Q1 25 | $278.5M | $120.7M | ||
| Q4 24 | $235.7M | $150.4M | ||
| Q3 24 | $93.6M | $231.1M | ||
| Q2 24 | $212.2M | $229.5M | ||
| Q1 24 | $247.1M | $160.6M |
自由现金流率PTCUI
| Q4 25 | 39.0% | 31.9% | ||
| Q3 25 | 11.2% | 26.3% | ||
| Q2 25 | 37.6% | 16.5% | ||
| Q1 25 | 43.8% | 18.2% | ||
| Q4 24 | 41.7% | 25.1% | ||
| Q3 24 | 14.9% | 42.0% | ||
| Q2 24 | 40.9% | 45.2% | ||
| Q1 24 | 41.0% | 32.6% |
资本支出强度PTCUI
| Q4 25 | 0.3% | 0.4% | ||
| Q3 25 | 0.4% | 0.7% | ||
| Q2 25 | 0.3% | 0.7% | ||
| Q1 25 | 0.4% | 0.4% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 0.7% | 0.5% | ||
| Q2 24 | 0.3% | 0.4% | ||
| Q1 24 | 0.6% | 0.7% |
现金转化率PTCUI
| Q4 25 | 1.62× | 1.13× | ||
| Q3 25 | 0.30× | 0.95× | ||
| Q2 25 | 1.73× | 0.49× | ||
| Q1 25 | 1.73× | 0.68× | ||
| Q4 24 | 2.90× | 1.11× | ||
| Q3 24 | 0.78× | 1.83× | ||
| Q2 24 | 3.10× | 2.23× | ||
| Q1 24 | 2.19× | 2.15× |
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
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
