vs
阿卡迈（AKAM）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是阿卡迈的1.1倍（$1.2B vs $1.1B），利氏兄弟拍卖行净利率更高（9.1% vs 7.8%，领先1.3%），阿卡迈同比增速更快（7.4% vs 5.4%），阿卡迈自由现金流更多（$234.9M vs $186.5M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% 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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
AKAM vs RBA — 直观对比
营收规模更大
RBA
是对方的1.1倍
$1.1B
营收增速更快
AKAM
高出1.9%
5.4%
净利率更高
RBA
高出1.3%
7.8%
自由现金流更多
AKAM
多$48.4M
$186.5M
两年增速更快
RBA
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $85.1M | $109.7M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 8.7% | 14.7% |
| 净利率 | 7.8% | 9.1% |
| 营收同比 | 7.4% | 5.4% |
| 净利润同比 | -39.2% | -7.4% |
| 每股收益（稀释后） | $0.57 | $0.53 |
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AKAMRBA
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $1.0B | $981.8M | ||
| Q2 24 | $979.6M | $1.1B | ||
| Q1 24 | $987.0M | $1.1B |
净利润AKAMRBA
| Q4 25 | $85.1M | $109.7M | ||
| Q3 25 | $140.2M | $95.5M | ||
| Q2 25 | $103.6M | $109.8M | ||
| Q1 25 | $123.2M | $113.4M | ||
| Q4 24 | $139.9M | $118.5M | ||
| Q3 24 | $57.9M | $76.1M | ||
| Q2 24 | $131.7M | $111.1M | ||
| Q1 24 | $175.4M | $107.4M |
毛利率AKAMRBA
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.1% | — | ||
| Q1 25 | 58.7% | — | ||
| Q4 24 | 59.4% | — | ||
| Q3 24 | 59.3% | — | ||
| Q2 24 | 58.9% | — | ||
| Q1 24 | 60.0% | — |
营业利润率AKAMRBA
| Q4 25 | 8.7% | 14.7% | ||
| Q3 25 | 15.7% | 14.5% | ||
| Q2 25 | 14.5% | 15.9% | ||
| Q1 25 | 15.2% | 17.1% | ||
| Q4 24 | 14.5% | 18.1% | ||
| Q3 24 | 7.0% | 15.6% | ||
| Q2 24 | 15.1% | 18.4% | ||
| Q1 24 | 16.9% | 18.7% |
净利率AKAMRBA
| Q4 25 | 7.8% | 9.1% | ||
| Q3 25 | 13.3% | 8.7% | ||
| Q2 25 | 9.9% | 9.3% | ||
| Q1 25 | 12.1% | 10.2% | ||
| Q4 24 | 13.7% | 10.4% | ||
| Q3 24 | 5.8% | 7.8% | ||
| Q2 24 | 13.4% | 10.1% | ||
| Q1 24 | 17.8% | 10.1% |
每股收益（稀释后）AKAMRBA
| Q4 25 | $0.57 | $0.53 | ||
| Q3 25 | $0.97 | $0.43 | ||
| Q2 25 | $0.71 | $0.53 | ||
| Q1 25 | $0.82 | $0.55 | ||
| Q4 24 | $0.92 | $0.58 | ||
| Q3 24 | $0.38 | $0.36 | ||
| Q2 24 | $0.86 | $0.54 | ||
| Q1 24 | $1.11 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $5.0B | $5.6B |
| 总资产 | $11.5B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资AKAMRBA
| Q4 25 | $1.2B | $531.5M | ||
| Q3 25 | $1.1B | $674.7M | ||
| Q2 25 | $966.6M | $710.2M | ||
| Q1 25 | $1.3B | $578.1M | ||
| Q4 24 | $1.6B | $533.9M | ||
| Q3 24 | $1.7B | $650.7M | ||
| Q2 24 | $1.6B | $599.5M | ||
| Q1 24 | $1.7B | $462.8M |
总债务AKAMRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益AKAMRBA
| Q4 25 | $5.0B | $5.6B | ||
| Q3 25 | $4.7B | $5.5B | ||
| Q2 25 | $4.5B | $5.5B | ||
| Q1 25 | $4.6B | $5.3B | ||
| Q4 24 | $4.9B | $5.2B | ||
| Q3 24 | $4.8B | $5.2B | ||
| Q2 24 | $4.8B | $5.2B | ||
| Q1 24 | $4.6B | $5.1B |
总资产AKAMRBA
| Q4 25 | $11.5B | $12.1B | ||
| Q3 25 | $10.8B | $12.2B | ||
| Q2 25 | $10.5B | $12.2B | ||
| Q1 25 | $10.0B | $11.9B | ||
| Q4 24 | $10.4B | $11.8B | ||
| Q3 24 | $10.2B | $11.9B | ||
| Q2 24 | $10.1B | $12.1B | ||
| Q1 24 | $9.9B | $12.0B |
负债/权益比AKAMRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $234.9M | $186.5M |
| 自由现金流率自由现金流/营收 | 21.5% | 15.5% |
| 资本支出强度资本支出/营收 | 12.0% | 5.7% |
| 现金转化率经营现金流/净利润 | 4.31× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $719.2M |
8季度趋势，按日历期对齐
经营现金流AKAMRBA
| Q4 25 | $366.6M | $255.2M | ||
| Q3 25 | $441.8M | $239.7M | ||
| Q2 25 | $459.1M | $326.5M | ||
| Q1 25 | $251.2M | $156.8M | ||
| Q4 24 | $343.8M | $184.5M | ||
| Q3 24 | $392.5M | $285.4M | ||
| Q2 24 | $431.0M | $337.3M | ||
| Q1 24 | $351.9M | $124.8M |
自由现金流AKAMRBA
| Q4 25 | $234.9M | $186.5M | ||
| Q3 25 | $329.1M | $188.5M | ||
| Q2 25 | $313.6M | $241.7M | ||
| Q1 25 | $133.4M | $102.5M | ||
| Q4 24 | $250.9M | $127.9M | ||
| Q3 24 | $279.7M | $248.5M | ||
| Q2 24 | $340.0M | $308.6M | ||
| Q1 24 | $258.1M | $79.6M |
自由现金流率AKAMRBA
| Q4 25 | 21.5% | 15.5% | ||
| Q3 25 | 31.2% | 17.3% | ||
| Q2 25 | 30.1% | 20.4% | ||
| Q1 25 | 13.1% | 9.2% | ||
| Q4 24 | 24.6% | 11.2% | ||
| Q3 24 | 27.8% | 25.3% | ||
| Q2 24 | 34.7% | 28.2% | ||
| Q1 24 | 26.2% | 7.5% |
资本支出强度AKAMRBA
| Q4 25 | 12.0% | 5.7% | ||
| Q3 25 | 10.7% | 4.7% | ||
| Q2 25 | 13.9% | 7.2% | ||
| Q1 25 | 11.6% | 4.9% | ||
| Q4 24 | 9.1% | 5.0% | ||
| Q3 24 | 11.2% | 3.8% | ||
| Q2 24 | 9.3% | 2.6% | ||
| Q1 24 | 9.5% | 4.2% |
现金转化率AKAMRBA
| Q4 25 | 4.31× | 2.33× | ||
| Q3 25 | 3.15× | 2.51× | ||
| Q2 25 | 4.43× | 2.97× | ||
| Q1 25 | 2.04× | 1.38× | ||
| Q4 24 | 2.46× | 1.56× | ||
| Q3 24 | 6.78× | 3.75× | ||
| Q2 24 | 3.27× | 3.04× | ||
| Q1 24 | 2.01× | 1.16× |
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
