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奥多比（ADBE）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
奥多比的季度营收约是Raymond James Financial的1.5倍（$6.4B vs $4.2B），奥多比净利率更高（29.5% vs 13.5%，领先16.0%），奥多比同比增速更快（12.0% vs 3.5%），奥多比自由现金流更多（$2.9B vs $-56.0M），过去两年奥多比的营收复合增速更高（9.8% vs 7.1%）
奥多比（Adobe Inc.）前身为奥多比系统公司，是总部位于美国加利福尼亚州圣何塞的跨国计算机软件企业。旗下产品覆盖网页设计、图像处理、矢量创作、音视频编辑、移动应用开发、印刷排版、动画制作等多个领域，是全球领先的数字创意软件服务商。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
ADBE vs RJF — 直观对比
营收规模更大
ADBE
是对方的1.5倍
$4.2B
营收增速更快
ADBE
高出8.5%
3.5%
净利率更高
ADBE
高出16.0%
13.5%
自由现金流更多
ADBE
多$3.0B
$-56.0M
两年增速更快
ADBE
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $4.2B |
| 净利润 | $1.9B | $563.0M |
| 毛利率 | 89.6% | — |
| 营业利润率 | 37.8% | — |
| 净利率 | 29.5% | 13.5% |
| 营收同比 | 12.0% | 3.5% |
| 净利润同比 | 4.3% | -6.2% |
| 每股收益（稀释后） | $4.60 | $2.79 |
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ADBERJF
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.2B | $4.2B | ||
| Q3 25 | $6.0B | $4.2B | ||
| Q2 25 | $5.9B | $3.8B | ||
| Q1 25 | $5.7B | $3.8B | ||
| Q4 24 | $5.6B | $4.0B | ||
| Q3 24 | $5.4B | $4.0B | ||
| Q2 24 | $5.3B | $3.8B |
净利润ADBERJF
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $563.0M | ||
| Q3 25 | $1.8B | $604.0M | ||
| Q2 25 | $1.7B | $436.0M | ||
| Q1 25 | $1.8B | $495.0M | ||
| Q4 24 | $1.7B | $600.0M | ||
| Q3 24 | $1.7B | $602.0M | ||
| Q2 24 | $1.6B | $492.0M |
毛利率ADBERJF
| Q1 26 | 89.6% | — | ||
| Q4 25 | 89.5% | — | ||
| Q3 25 | 89.3% | — | ||
| Q2 25 | 89.1% | — | ||
| Q1 25 | 89.1% | — | ||
| Q4 24 | 89.0% | — | ||
| Q3 24 | 89.8% | — | ||
| Q2 24 | 88.7% | — |
营业利润率ADBERJF
| Q1 26 | 37.8% | — | ||
| Q4 25 | 36.5% | — | ||
| Q3 25 | 36.3% | — | ||
| Q2 25 | 35.9% | 14.7% | ||
| Q1 25 | 37.9% | 17.5% | ||
| Q4 24 | 34.9% | 18.6% | ||
| Q3 24 | 36.8% | — | ||
| Q2 24 | 35.5% | 17.1% |
净利率ADBERJF
| Q1 26 | 29.5% | — | ||
| Q4 25 | 30.0% | 13.5% | ||
| Q3 25 | 29.6% | 14.4% | ||
| Q2 25 | 28.8% | 11.3% | ||
| Q1 25 | 31.7% | 12.9% | ||
| Q4 24 | 30.0% | 14.9% | ||
| Q3 24 | 31.1% | 15.0% | ||
| Q2 24 | 29.6% | 13.1% |
每股收益（稀释后）ADBERJF
| Q1 26 | $4.60 | — | ||
| Q4 25 | $4.44 | $2.79 | ||
| Q3 25 | $4.18 | $2.96 | ||
| Q2 25 | $3.94 | $2.12 | ||
| Q1 25 | $4.14 | $2.36 | ||
| Q4 24 | $3.75 | $2.86 | ||
| Q3 24 | $3.76 | $2.85 | ||
| Q2 24 | $3.49 | $2.31 |
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 | $6.9B | $9.9B |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $11.4B | $12.6B |
| 总资产 | $29.7B | $88.8B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资ADBERJF
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.6B | $9.9B | ||
| Q3 25 | $5.9B | $11.4B | ||
| Q2 25 | $5.7B | $9.2B | ||
| Q1 25 | $7.4B | $9.7B | ||
| Q4 24 | $7.9B | $10.0B | ||
| Q3 24 | $7.5B | $11.0B | ||
| Q2 24 | $8.1B | $9.1B |
总债务ADBERJF
| Q1 26 | $5.4B | — | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $6.2B | — | ||
| Q1 25 | $6.2B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | — |
股东权益ADBERJF
| Q1 26 | $11.4B | — | ||
| Q4 25 | $11.6B | $12.6B | ||
| Q3 25 | $11.8B | $12.5B | ||
| Q2 25 | $11.4B | $12.3B | ||
| Q1 25 | $13.1B | $12.2B | ||
| Q4 24 | $14.1B | $11.9B | ||
| Q3 24 | $14.5B | $11.7B | ||
| Q2 24 | $14.8B | $11.2B |
总资产ADBERJF
| Q1 26 | $29.7B | — | ||
| Q4 25 | $29.5B | $88.8B | ||
| Q3 25 | $28.8B | $88.2B | ||
| Q2 25 | $28.1B | $84.8B | ||
| Q1 25 | $30.0B | $83.1B | ||
| Q4 24 | $30.2B | $82.3B | ||
| Q3 24 | $29.8B | $83.0B | ||
| Q2 24 | $30.0B | $80.6B |
负债/权益比ADBERJF
| Q1 26 | 0.47× | — | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.28× | — | ||
| Q2 24 | 0.28× | — |
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 | $3.0B | $-10.0M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $-56.0M |
| 自由现金流率自由现金流/营收 | 45.7% | -1.3% |
| 资本支出强度资本支出/营收 | 0.6% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.57× | -0.02× |
| 过去12个月自由现金流最近4个季度 | $10.3B | $1.4B |
8季度趋势，按日历期对齐
经营现金流ADBERJF
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.2B | $-10.0M | ||
| Q3 25 | $2.2B | $796.0M | ||
| Q2 25 | $2.2B | $691.0M | ||
| Q1 25 | $2.5B | $117.0M | ||
| Q4 24 | — | $830.0M | ||
| Q3 24 | $2.0B | $510.0M | ||
| Q2 24 | $1.9B | $711.0M |
自由现金流ADBERJF
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $-56.0M | ||
| Q3 25 | $2.1B | $752.0M | ||
| Q2 25 | $2.1B | $634.0M | ||
| Q1 25 | $2.5B | $71.0M | ||
| Q4 24 | — | $789.0M | ||
| Q3 24 | $2.0B | $460.0M | ||
| Q2 24 | $1.9B | $655.0M |
自由现金流率ADBERJF
| Q1 26 | 45.7% | — | ||
| Q4 25 | 50.5% | -1.3% | ||
| Q3 25 | 35.5% | 17.9% | ||
| Q2 25 | 36.5% | 16.5% | ||
| Q1 25 | 43.0% | 1.8% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | 36.3% | 11.5% | ||
| Q2 24 | 35.8% | 17.4% |
资本支出强度ADBERJF
| Q1 26 | 0.6% | — | ||
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 1.2% | 1.1% | ||
| Q2 25 | 0.8% | 1.5% | ||
| Q1 25 | 0.5% | 1.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | 1.1% | 1.2% | ||
| Q2 24 | 0.8% | 1.5% |
现金转化率ADBERJF
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.70× | -0.02× | ||
| Q3 25 | 1.24× | 1.32× | ||
| Q2 25 | 1.30× | 1.58× | ||
| Q1 25 | 1.37× | 0.24× | ||
| Q4 24 | — | 1.38× | ||
| Q3 24 | 1.20× | 0.85× | ||
| Q2 24 | 1.23× | 1.45× |
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
ADBE
| Subscription Revenue | $6.2B | 97% |
| Service Other | $110.0M | 2% |
| Products | $90.0M | 1% |
RJF
暂无分部数据
