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Tyler Technologies（TYL）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Tyler Technologies的1.3倍（$814.9M vs $613.5M），Ubiquiti Inc.净利率更高（28.7% vs 13.2%，领先15.4%），Ubiquiti Inc.同比增速更快（35.8% vs 8.6%），Ubiquiti Inc.自由现金流更多（$260.3M vs $2.0M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs 6.5%）
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
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。
TYL vs UI — 直观对比
营收规模更大
UI
是对方的1.3倍
$613.5M
营收增速更快
UI
高出27.3%
8.6%
净利率更高
UI
高出15.4%
13.2%
自由现金流更多
UI
多$258.2M
$2.0M
两年增速更快
UI
近两年复合增速
6.5%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $613.5M | $814.9M |
| 净利润 | $81.2M | $233.6M |
| 毛利率 | 48.3% | 45.9% |
| 营业利润率 | 16.3% | 35.9% |
| 净利率 | 13.2% | 28.7% |
| 营收同比 | 8.6% | 35.8% |
| 净利润同比 | — | 70.8% |
| 每股收益（稀释后） | $1.88 | $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TYLUI
| Q1 26 | $613.5M | — | ||
| Q4 25 | $575.2M | $814.9M | ||
| Q3 25 | $595.9M | $733.8M | ||
| Q2 25 | $596.1M | $759.2M | ||
| Q1 25 | $565.2M | $664.2M | ||
| Q4 24 | $541.1M | $599.9M | ||
| Q3 24 | $543.3M | $550.3M | ||
| Q2 24 | $541.0M | $507.5M |
净利润TYLUI
| Q1 26 | $81.2M | — | ||
| Q4 25 | $65.5M | $233.6M | ||
| Q3 25 | $84.4M | $207.9M | ||
| Q2 25 | $84.6M | $266.7M | ||
| Q1 25 | $81.1M | $180.4M | ||
| Q4 24 | $65.2M | $136.8M | ||
| Q3 24 | $75.9M | $128.0M | ||
| Q2 24 | $67.7M | $103.8M |
毛利率TYLUI
| Q1 26 | 48.3% | — | ||
| Q4 25 | 45.5% | 45.9% | ||
| Q3 25 | 47.2% | 46.0% | ||
| Q2 25 | 45.8% | 45.1% | ||
| Q1 25 | 47.3% | 44.5% | ||
| Q4 24 | 43.8% | 41.2% | ||
| Q3 24 | 43.7% | 42.1% | ||
| Q2 24 | 44.0% | 40.2% |
营业利润率TYLUI
| Q1 26 | 16.3% | — | ||
| Q4 25 | 13.0% | 35.9% | ||
| Q3 25 | 16.4% | 35.7% | ||
| Q2 25 | 16.0% | 34.4% | ||
| Q1 25 | 15.8% | 34.2% | ||
| Q4 24 | 13.2% | 29.8% | ||
| Q3 24 | 15.2% | 30.7% | ||
| Q2 24 | 14.4% | 27.3% |
净利率TYLUI
| Q1 26 | 13.2% | — | ||
| Q4 25 | 11.4% | 28.7% | ||
| Q3 25 | 14.2% | 28.3% | ||
| Q2 25 | 14.2% | 35.1% | ||
| Q1 25 | 14.3% | 27.2% | ||
| Q4 24 | 12.1% | 22.8% | ||
| Q3 24 | 14.0% | 23.3% | ||
| Q2 24 | 12.5% | 20.5% |
每股收益（稀释后）TYLUI
| Q1 26 | $1.88 | — | ||
| Q4 25 | $1.50 | $3.86 | ||
| Q3 25 | $1.93 | $3.43 | ||
| Q2 25 | $1.93 | $4.40 | ||
| Q1 25 | $1.84 | $2.98 | ||
| Q4 24 | $1.48 | $2.26 | ||
| Q3 24 | $1.74 | $2.12 | ||
| Q2 24 | $1.57 | $1.72 |
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 | $346.4M | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $3.6B | $1.0B |
| 总资产 | $4.8B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资TYLUI
| Q1 26 | $346.4M | — | ||
| Q4 25 | $1.1B | $302.8M | ||
| Q3 25 | $950.8M | $177.2M | ||
| Q2 25 | $892.3M | $149.7M | ||
| Q1 25 | $807.4M | $151.0M | ||
| Q4 24 | $768.0M | $133.1M | ||
| Q3 24 | $544.3M | $165.2M | ||
| Q2 24 | $258.0M | $126.3M |
总债务TYLUI
| Q1 26 | — | — | ||
| Q4 25 | $599.7M | $47.5M | ||
| Q3 25 | $599.2M | $133.8M | ||
| Q2 25 | $598.8M | $250.0M | ||
| Q1 25 | $598.4M | $340.0M | ||
| Q4 24 | $597.9M | $406.3M | ||
| Q3 24 | $597.5M | $552.5M | ||
| Q2 24 | $597.1M | $708.1M |
股东权益TYLUI
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.7B | $1.0B | ||
| Q3 25 | $3.6B | $828.4M | ||
| Q2 25 | $3.6B | $668.3M | ||
| Q1 25 | $3.5B | $436.1M | ||
| Q4 24 | $3.4B | $290.4M | ||
| Q3 24 | $3.3B | $188.1M | ||
| Q2 24 | $3.1B | $95.1M |
总资产TYLUI
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.6B | $1.6B | ||
| Q3 25 | $5.5B | $1.5B | ||
| Q2 25 | $5.4B | $1.5B | ||
| Q1 25 | $5.2B | $1.3B | ||
| Q4 24 | $5.2B | $1.2B | ||
| Q3 24 | $5.0B | $1.2B | ||
| Q2 24 | $4.8B | $1.2B |
负债/权益比TYLUI
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | 0.05× | ||
| Q3 25 | 0.17× | 0.16× | ||
| Q2 25 | 0.16× | 0.37× | ||
| Q1 25 | 0.17× | 0.78× | ||
| Q4 24 | 0.18× | 1.40× | ||
| Q3 24 | 0.18× | 2.94× | ||
| Q2 24 | 0.19× | 7.45× |
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 | $107.3M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $2.0M | $260.3M |
| 自由现金流率自由现金流/营收 | 0.3% | 31.9% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 1.32× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $585.7M | $699.5M |
8季度趋势，按日历期对齐
经营现金流TYLUI
| Q1 26 | $107.3M | — | ||
| Q4 25 | $243.9M | $263.9M | ||
| Q3 25 | $255.2M | $198.5M | ||
| Q2 25 | $98.3M | $130.4M | ||
| Q1 25 | $56.2M | $123.6M | ||
| Q4 24 | $224.8M | $152.4M | ||
| Q3 24 | $263.7M | $233.7M | ||
| Q2 24 | $64.3M | $231.4M |
自由现金流TYLUI
| Q1 26 | $2.0M | — | ||
| Q4 25 | $239.6M | $260.3M | ||
| Q3 25 | $251.3M | $193.3M | ||
| Q2 25 | $92.8M | $125.2M | ||
| Q1 25 | $53.8M | $120.7M | ||
| Q4 24 | $221.0M | $150.4M | ||
| Q3 24 | $260.8M | $231.1M | ||
| Q2 24 | $57.7M | $229.5M |
自由现金流率TYLUI
| Q1 26 | 0.3% | — | ||
| Q4 25 | 41.7% | 31.9% | ||
| Q3 25 | 42.2% | 26.3% | ||
| Q2 25 | 15.6% | 16.5% | ||
| Q1 25 | 9.5% | 18.2% | ||
| Q4 24 | 40.8% | 25.1% | ||
| Q3 24 | 48.0% | 42.0% | ||
| Q2 24 | 10.7% | 45.2% |
资本支出强度TYLUI
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 0.4% | ||
| Q3 25 | 0.7% | 0.7% | ||
| Q2 25 | 0.9% | 0.7% | ||
| Q1 25 | 0.4% | 0.4% | ||
| Q4 24 | 0.7% | 0.3% | ||
| Q3 24 | 0.5% | 0.5% | ||
| Q2 24 | 1.2% | 0.4% |
现金转化率TYLUI
| Q1 26 | 1.32× | — | ||
| Q4 25 | 3.72× | 1.13× | ||
| Q3 25 | 3.02× | 0.95× | ||
| Q2 25 | 1.16× | 0.49× | ||
| Q1 25 | 0.69× | 0.68× | ||
| Q4 24 | 3.45× | 1.11× | ||
| Q3 24 | 3.47× | 1.83× | ||
| Q2 24 | 0.95× | 2.23× |
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
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
