210家美股软件与服务公司财报简析

Investment Rating - The report does not explicitly provide an investment rating for the software and services industry in the U.S. stock market [2]. Core Insights - The U.S. software and services companies have shown significant growth in revenue, net profit, and operating cash flow in the first half of the year, with R&D expenditure growth lagging behind [2]. - Meta Platforms, Inc. has outperformed other companies in terms of financial performance [2]. Sample Overview - A total of 210 U.S. software and services companies were analyzed, all of which have been consistently reporting since 2021 [3]. - The majority of the companies are registered in the United States (166), followed by the Cayman Islands (16) and Israel (13) [4]. - 129 companies have fewer than 2,000 employees, while Meta has the highest employee count at over 340,000 [4]. Revenue Situation - The combined revenue of the 210 companies reached $260.85 billion in the first half of the year, reflecting an 11.36% year-over-year increase [7]. - Meta, IBM, and SAP led in revenue, with figures of $75.53 billion, $30.23 billion, and $17.55 billion respectively [9]. - 144 companies reported a year-over-year revenue increase, with Luminar, Tuya, and GigaMedia showing the highest growth rates of 780%, 189.65%, and 189.03% respectively [10]. Profit Situation - The total net profit for the 210 companies amounted to $37.13 billion, marking a 63.03% year-over-year increase [11]. - Meta's net profit was $25.83 billion, significantly higher than other companies [13]. - The average gross profit margin decreased to 42.34%, down 15.79 percentage points from the previous year [14]. R&D Expenditure - The total R&D expenditure for the sample companies was $45.09 billion, a 4.45% increase year-over-year, which is lower than the growth rates of revenue and net profit [14]. - Meta had the highest R&D expenditure at $20.51 billion, accounting for 45.5% of the total [15]. Cash Flow Situation - The net cash flow from operating activities for the sample companies was $75.29 billion, a 20.96% increase year-over-year [16]. - Meta contributed $38.62 billion to the total, representing 51.29% of the net cash flow [17]. - The net cash flow from investing activities was -$36.82 billion, with Meta accounting for -$17.03 billion of this total [18].