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TTEC Holdings, Inc.（TTEC）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
TTEC Holdings, Inc.的季度营收约是世纪互联的1.6倍（$570.0M vs $362.7M），世纪互联净利率更高（-10.7% vs -29.9%，领先19.3%），TTEC Holdings, Inc.自由现金流更多（$-9.2M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -0.6%）
TTEC Holdings, Inc.是一家提供客户体验技术与服务的美国企业，总部运营中心位于得克萨斯州奥斯汀，专注为各行业客户打造全链路客户体验解决方案，凭借专业技术与服务能力深耕全球客户体验服务领域多年。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
TTEC vs VNET — 直观对比
营收规模更大
TTEC
是对方的1.6倍
$362.7M
净利率更高
VNET
高出19.3%
-29.9%
自由现金流更多
TTEC
多$183.9M
$-193.1M
两年增速更快
VNET
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $570.0M | $362.7M |
| 净利润 | $-170.5M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | -30.3% | 0.5% |
| 净利率 | -29.9% | -10.7% |
| 营收同比 | 0.4% | — |
| 净利润同比 | -3791.9% | — |
| 每股收益（稀释后） | $-3.57 | — |
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TTECVNET
| Q4 25 | $570.0M | — | ||
| Q3 25 | $519.1M | $362.7M | ||
| Q2 25 | $513.6M | — | ||
| Q1 25 | $534.2M | $309.5M | ||
| Q4 24 | $567.4M | — | ||
| Q3 24 | $529.4M | $302.2M | ||
| Q2 24 | $534.1M | $274.4M | ||
| Q1 24 | $576.6M | $262.9M |
净利润TTECVNET
| Q4 25 | $-170.5M | — | ||
| Q3 25 | $-13.4M | $-38.7M | ||
| Q2 25 | $-8.0M | — | ||
| Q1 25 | $1.4M | $-2.4M | ||
| Q4 24 | $4.6M | — | ||
| Q3 24 | $-21.1M | $-2.1M | ||
| Q2 24 | $-299.5M | $-1.1M | ||
| Q1 24 | $-2.3M | $-22.0M |
毛利率TTECVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率TTECVNET
| Q4 25 | -30.3% | — | ||
| Q3 25 | 2.4% | 0.5% | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.5% | 0.1% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.4% | 24.5% | ||
| Q2 24 | -42.0% | 0.2% | ||
| Q1 24 | 3.9% | 0.2% |
净利率TTECVNET
| Q4 25 | -29.9% | — | ||
| Q3 25 | -2.6% | -10.7% | ||
| Q2 25 | -1.6% | — | ||
| Q1 25 | 0.3% | -0.8% | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | -4.0% | -0.7% | ||
| Q2 24 | -56.1% | -0.4% | ||
| Q1 24 | -0.4% | -8.4% |
每股收益（稀释后）TTECVNET
| Q4 25 | $-3.57 | — | ||
| Q3 25 | $-0.28 | — | ||
| Q2 25 | $-0.17 | — | ||
| Q1 25 | $0.03 | — | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $-0.44 | — | ||
| Q2 24 | $-6.30 | — | ||
| Q1 24 | $-0.05 | — |
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 | $82.9M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $112.9M | $890.8M |
| 总资产 | $1.5B | $6.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资TTECVNET
| Q4 25 | $82.9M | — | ||
| Q3 25 | $73.5M | $492.1M | ||
| Q2 25 | $82.6M | — | ||
| Q1 25 | $85.1M | $544.3M | ||
| Q4 24 | $85.0M | — | ||
| Q3 24 | $96.9M | $219.5M | ||
| Q2 24 | $79.8M | $247.2M | ||
| Q1 24 | $91.5M | $246.9M |
总债务TTECVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益TTECVNET
| Q4 25 | $112.9M | — | ||
| Q3 25 | $280.8M | $890.8M | ||
| Q2 25 | $295.2M | — | ||
| Q1 25 | $281.5M | $927.8M | ||
| Q4 24 | $268.1M | — | ||
| Q3 24 | $295.1M | $902.9M | ||
| Q2 24 | $304.2M | $900.6M | ||
| Q1 24 | $612.4M | $895.1M |
总资产TTECVNET
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.7B | $6.1B | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | $5.4B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | $4.3B | ||
| Q2 24 | $1.8B | $4.0B | ||
| Q1 24 | $2.1B | $3.9B |
负债/权益比TTECVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| 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 | $2.6M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-9.2M | $-193.1M |
| 自由现金流率自由现金流/营收 | -1.6% | -53.2% |
| 资本支出强度资本支出/营收 | 2.1% | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $83.0M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流TTECVNET
| Q4 25 | $2.6M | — | ||
| Q3 25 | $4.2M | $113.8M | ||
| Q2 25 | $92.7M | — | ||
| Q1 25 | $21.6M | $27.0M | ||
| Q4 24 | $-1.1M | — | ||
| Q3 24 | $-91.4M | $108.3M | ||
| Q2 24 | $49.3M | $55.8M | ||
| Q1 24 | $-15.6M | $37.1M |
自由现金流TTECVNET
| Q4 25 | $-9.2M | — | ||
| Q3 25 | $-9.6M | $-193.1M | ||
| Q2 25 | $85.5M | — | ||
| Q1 25 | $16.2M | $-220.0M | ||
| Q4 24 | $-9.8M | — | ||
| Q3 24 | $-100.2M | $-95.0M | ||
| Q2 24 | $35.1M | $-81.6M | ||
| Q1 24 | $-29.1M | $-102.2M |
自由现金流率TTECVNET
| Q4 25 | -1.6% | — | ||
| Q3 25 | -1.8% | -53.2% | ||
| Q2 25 | 16.7% | — | ||
| Q1 25 | 3.0% | -71.1% | ||
| Q4 24 | -1.7% | — | ||
| Q3 24 | -18.9% | -31.4% | ||
| Q2 24 | 6.6% | -29.8% | ||
| Q1 24 | -5.0% | -38.9% |
资本支出强度TTECVNET
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.7% | 84.6% | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.0% | 79.8% | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.7% | 67.3% | ||
| Q2 24 | 2.7% | 50.1% | ||
| Q1 24 | 2.3% | 53.0% |
现金转化率TTECVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 15.60× | — | ||
| Q4 24 | -0.24× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
TTEC
| Ttec Engage | $444.5M | 78% |
| Ttec Digital | $125.5M | 22% |
VNET
暂无分部数据
