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阿卡迈（AKAM）与MERCURY SYSTEMS INC（MRCY）财务数据对比。点击上方公司名可切换其他公司
阿卡迈的季度营收约是MERCURY SYSTEMS INC的4.7倍（$1.1B vs $232.9M）。阿卡迈净利率更高（7.8% vs -6.5%，领先14.3%）。阿卡迈同比增速更快（7.4% vs 4.4%）。阿卡迈自由现金流更多（$234.9M vs $45.7M）。过去两年MERCURY SYSTEMS INC的营收复合增速更高（5.7% vs 5.3%）
阿卡迈是全球领先的云服务提供商，业务覆盖美国及全球其他地区，可为客户提供内容与商业应用的安全防护、分发及性能优化服务。其云解决方案能保障基础设施、网站、应用、API及用户免受各类网络攻击，同时提升运行效率，还可针对动态网站、应用及媒体场景提供Web与移动端性能优化方案。
Mercury Systems是一家服务于航空航天与国防领域的科技企业，专注于设计、研发及生产开放式架构计算机软硬件产品，覆盖安全嵌入式处理模块与子系统、航电任务计算机及显示器、加固型安全服务器、可信微电子组件与子系统等多类产品。
AKAM vs MRCY — 直观对比
营收规模更大
AKAM
是对方的4.7倍
$232.9M
营收增速更快
AKAM
高出3.0%
4.4%
净利率更高
AKAM
高出14.3%
-6.5%
自由现金流更多
AKAM
多$189.2M
$45.7M
两年增速更快
MRCY
近两年复合增速
5.3%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $232.9M |
| 净利润 | $85.1M | $-15.1M |
| 毛利率 | 58.7% | 26.0% |
| 营业利润率 | 8.7% | -4.6% |
| 净利率 | 7.8% | -6.5% |
| 营收同比 | 7.4% | 4.4% |
| 净利润同比 | -39.2% | 14.1% |
| 每股收益（稀释后） | $0.57 | $-0.26 |
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AKAMMRCY
| Q4 25 | $1.1B | $232.9M | ||
| Q3 25 | $1.1B | $225.2M | ||
| Q2 25 | $1.0B | $273.1M | ||
| Q1 25 | $1.0B | $211.4M | ||
| Q4 24 | $1.0B | $223.1M | ||
| Q3 24 | $1.0B | $204.4M | ||
| Q2 24 | $979.6M | $248.6M | ||
| Q1 24 | $987.0M | $208.3M |
净利润AKAMMRCY
| Q4 25 | $85.1M | $-15.1M | ||
| Q3 25 | $140.2M | $-12.5M | ||
| Q2 25 | $103.6M | $16.4M | ||
| Q1 25 | $123.2M | $-19.2M | ||
| Q4 24 | $139.9M | $-17.6M | ||
| Q3 24 | $57.9M | $-17.5M | ||
| Q2 24 | $131.7M | $-10.8M | ||
| Q1 24 | $175.4M | $-44.6M |
毛利率AKAMMRCY
| Q4 25 | 58.7% | 26.0% | ||
| Q3 25 | 59.3% | 27.9% | ||
| Q2 25 | 59.1% | 31.0% | ||
| Q1 25 | 58.7% | 27.0% | ||
| Q4 24 | 59.4% | 27.3% | ||
| Q3 24 | 59.3% | 25.3% | ||
| Q2 24 | 58.9% | 29.5% | ||
| Q1 24 | 60.0% | 19.5% |
营业利润率AKAMMRCY
| Q4 25 | 8.7% | -4.6% | ||
| Q3 25 | 15.7% | -3.8% | ||
| Q2 25 | 14.5% | 8.6% | ||
| Q1 25 | 15.2% | -8.2% | ||
| Q4 24 | 14.5% | -5.6% | ||
| Q3 24 | 7.0% | -6.6% | ||
| Q2 24 | 15.1% | -3.2% | ||
| Q1 24 | 16.9% | -21.9% |
净利率AKAMMRCY
| Q4 25 | 7.8% | -6.5% | ||
| Q3 25 | 13.3% | -5.6% | ||
| Q2 25 | 9.9% | 6.0% | ||
| Q1 25 | 12.1% | -9.1% | ||
| Q4 24 | 13.7% | -7.9% | ||
| Q3 24 | 5.8% | -8.6% | ||
| Q2 24 | 13.4% | -4.3% | ||
| Q1 24 | 17.8% | -21.4% |
每股收益（稀释后）AKAMMRCY
| Q4 25 | $0.57 | $-0.26 | ||
| Q3 25 | $0.97 | $-0.21 | ||
| Q2 25 | $0.71 | $0.28 | ||
| Q1 25 | $0.82 | $-0.33 | ||
| Q4 24 | $0.92 | $-0.30 | ||
| Q3 24 | $0.38 | $-0.30 | ||
| Q2 24 | $0.86 | $-0.18 | ||
| Q1 24 | $1.11 | $-0.77 |
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 | $1.2B | $335.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $1.5B |
| 总资产 | $11.5B | $2.5B |
| 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AKAMMRCY
| Q4 25 | $1.2B | $335.0M | ||
| Q3 25 | $1.1B | $304.7M | ||
| Q2 25 | $966.6M | $309.1M | ||
| Q1 25 | $1.3B | $269.8M | ||
| Q4 24 | $1.6B | $242.6M | ||
| Q3 24 | $1.7B | $158.1M | ||
| Q2 24 | $1.6B | $180.5M | ||
| Q1 24 | $1.7B | $142.6M |
股东权益AKAMMRCY
| Q4 25 | $5.0B | $1.5B | ||
| Q3 25 | $4.7B | $1.5B | ||
| Q2 25 | $4.5B | $1.5B | ||
| Q1 25 | $4.6B | $1.5B | ||
| Q4 24 | $4.9B | $1.5B | ||
| Q3 24 | $4.8B | $1.5B | ||
| Q2 24 | $4.8B | $1.5B | ||
| Q1 24 | $4.6B | $1.5B |
总资产AKAMMRCY
| Q4 25 | $11.5B | $2.5B | ||
| Q3 25 | $10.8B | $2.5B | ||
| Q2 25 | $10.5B | $2.4B | ||
| Q1 25 | $10.0B | $2.4B | ||
| Q4 24 | $10.4B | $2.4B | ||
| Q3 24 | $10.2B | $2.4B | ||
| Q2 24 | $10.1B | $2.4B | ||
| Q1 24 | $9.9B | $2.4B |
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 | $366.6M | $51.6M |
| 自由现金流经营现金流 - 资本支出 | $234.9M | $45.7M |
| 自由现金流率自由现金流/营收 | 21.5% | 19.6% |
| 资本支出强度资本支出/营收 | 12.0% | 2.5% |
| 现金转化率经营现金流/净利润 | 4.31× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $99.4M |
8季度趋势，按日历期对齐
经营现金流AKAMMRCY
| Q4 25 | $366.6M | $51.6M | ||
| Q3 25 | $441.8M | $2.2M | ||
| Q2 25 | $459.1M | $38.1M | ||
| Q1 25 | $251.2M | $30.0M | ||
| Q4 24 | $343.8M | $85.5M | ||
| Q3 24 | $392.5M | $-14.7M | ||
| Q2 24 | $431.0M | $71.8M | ||
| Q1 24 | $351.9M | $-17.8M |
自由现金流AKAMMRCY
| Q4 25 | $234.9M | $45.7M | ||
| Q3 25 | $329.1M | $-4.4M | ||
| Q2 25 | $313.6M | $34.0M | ||
| Q1 25 | $133.4M | $24.1M | ||
| Q4 24 | $250.9M | $81.9M | ||
| Q3 24 | $279.7M | $-20.9M | ||
| Q2 24 | $340.0M | $61.4M | ||
| Q1 24 | $258.1M | $-25.7M |
自由现金流率AKAMMRCY
| Q4 25 | 21.5% | 19.6% | ||
| Q3 25 | 31.2% | -1.9% | ||
| Q2 25 | 30.1% | 12.4% | ||
| Q1 25 | 13.1% | 11.4% | ||
| Q4 24 | 24.6% | 36.7% | ||
| Q3 24 | 27.8% | -10.2% | ||
| Q2 24 | 34.7% | 24.7% | ||
| Q1 24 | 26.2% | -12.4% |
资本支出强度AKAMMRCY
| Q4 25 | 12.0% | 2.5% | ||
| Q3 25 | 10.7% | 2.9% | ||
| Q2 25 | 13.9% | 1.5% | ||
| Q1 25 | 11.6% | 2.8% | ||
| Q4 24 | 9.1% | 1.6% | ||
| Q3 24 | 11.2% | 3.1% | ||
| Q2 24 | 9.3% | 4.2% | ||
| Q1 24 | 9.5% | 3.8% |
现金转化率AKAMMRCY
| Q4 25 | 4.31× | — | ||
| Q3 25 | 3.15× | — | ||
| Q2 25 | 4.43× | 2.33× | ||
| Q1 25 | 2.04× | — | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 6.78× | — | ||
| Q2 24 | 3.27× | — | ||
| Q1 24 | 2.01× | — |
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
AKAM
| Security | $592.4M | 54% |
| Delivery | $311.1M | 28% |
| Cloud Computing | $191.4M | 17% |
MRCY
| Airborne | $84.2M | 36% |
| Components | $48.7M | 21% |
| Other End Applications | $36.8M | 16% |
| Electronic Warfare | $27.5M | 12% |
| Other Sensor And Effector Applications | $23.9M | 10% |
| Space | $11.9M | 5% |
