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阿卡迈（AKAM）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是阿卡迈的1.1倍（$1.2B vs $1.1B），阿卡迈净利率更高（7.8% vs -2.2%，领先10.0%），阿卡迈同比增速更快（7.4% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $234.9M），过去两年ROKU, INC的营收复合增速更高（13.6% 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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
AKAM vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.1倍
$1.1B
营收增速更快
AKAM
高出25.6%
-18.3%
净利率更高
AKAM
高出10.0%
-2.2%
自由现金流更多
ROKU
多$63.5M
$234.9M
两年增速更快
ROKU
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $85.1M | $-27.4M |
| 毛利率 | 58.7% | 35.6% |
| 营业利润率 | 8.7% | 59.7% |
| 净利率 | 7.8% | -2.2% |
| 营收同比 | 7.4% | -18.3% |
| 净利润同比 | -39.2% | -361.0% |
| 每股收益（稀释后） | $0.57 | $0.57 |
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AKAMROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $979.6M | $968.2M |
净利润AKAMROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $85.1M | $80.5M | ||
| Q3 25 | $140.2M | $24.8M | ||
| Q2 25 | $103.6M | $10.5M | ||
| Q1 25 | $123.2M | $-27.4M | ||
| Q4 24 | $139.9M | $-35.5M | ||
| Q3 24 | $57.9M | $-9.0M | ||
| Q2 24 | $131.7M | $-34.0M |
毛利率AKAMROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 58.7% | 43.5% | ||
| Q3 25 | 59.3% | 43.4% | ||
| Q2 25 | 59.1% | 44.8% | ||
| Q1 25 | 58.7% | 43.6% | ||
| Q4 24 | 59.4% | 42.7% | ||
| Q3 24 | 59.3% | 45.2% | ||
| Q2 24 | 58.9% | 43.9% |
营业利润率AKAMROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 8.7% | 4.7% | ||
| Q3 25 | 15.7% | 0.8% | ||
| Q2 25 | 14.5% | -2.1% | ||
| Q1 25 | 15.2% | -5.7% | ||
| Q4 24 | 14.5% | -3.3% | ||
| Q3 24 | 7.0% | -3.4% | ||
| Q2 24 | 15.1% | -7.4% |
净利率AKAMROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 7.8% | 5.8% | ||
| Q3 25 | 13.3% | 2.0% | ||
| Q2 25 | 9.9% | 0.9% | ||
| Q1 25 | 12.1% | -2.7% | ||
| Q4 24 | 13.7% | -3.0% | ||
| Q3 24 | 5.8% | -0.9% | ||
| Q2 24 | 13.4% | -3.5% |
每股收益（稀释后）AKAMROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $0.57 | $0.55 | ||
| Q3 25 | $0.97 | $0.16 | ||
| Q2 25 | $0.71 | $0.07 | ||
| Q1 25 | $0.82 | $-0.19 | ||
| Q4 24 | $0.92 | $-0.24 | ||
| Q3 24 | $0.38 | $-0.06 | ||
| Q2 24 | $0.86 | $-0.24 |
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 | $2.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $2.7B |
| 总资产 | $11.5B | $4.4B |
| 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AKAMROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $1.1B | $2.3B | ||
| Q2 25 | $966.6M | $2.3B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.7B | $2.1B | ||
| Q2 24 | $1.6B | $2.1B |
股东权益AKAMROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $5.0B | $2.7B | ||
| Q3 25 | $4.7B | $2.6B | ||
| Q2 25 | $4.5B | $2.6B | ||
| Q1 25 | $4.6B | $2.5B | ||
| Q4 24 | $4.9B | $2.5B | ||
| Q3 24 | $4.8B | $2.5B | ||
| Q2 24 | $4.8B | $2.4B |
总资产AKAMROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $11.5B | $4.4B | ||
| Q3 25 | $10.8B | $4.4B | ||
| Q2 25 | $10.5B | $4.3B | ||
| Q1 25 | $10.0B | $4.2B | ||
| Q4 24 | $10.4B | $4.3B | ||
| Q3 24 | $10.2B | $4.3B | ||
| Q2 24 | $10.1B | $4.1B |
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 | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $234.9M | $298.4M |
| 自由现金流率自由现金流/营收 | 21.5% | 23.9% |
| 资本支出强度资本支出/营收 | 12.0% | — |
| 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 | $640.0M |
8季度趋势，按日历期对齐
经营现金流AKAMROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $366.6M | $107.7M | ||
| Q3 25 | $441.8M | $127.6M | ||
| Q2 25 | $459.1M | $109.7M | ||
| Q1 25 | $251.2M | $138.7M | ||
| Q4 24 | $343.8M | $79.3M | ||
| Q3 24 | $392.5M | $68.7M | ||
| Q2 24 | $431.0M | $23.4M |
自由现金流AKAMROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $234.9M | $106.6M | ||
| Q3 25 | $329.1M | $126.5M | ||
| Q2 25 | $313.6M | $108.6M | ||
| Q1 25 | $133.4M | $136.8M | ||
| Q4 24 | $250.9M | $76.8M | ||
| Q3 24 | $279.7M | $67.6M | ||
| Q2 24 | $340.0M | $22.5M |
自由现金流率AKAMROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 21.5% | 7.6% | ||
| Q3 25 | 31.2% | 10.4% | ||
| Q2 25 | 30.1% | 9.8% | ||
| Q1 25 | 13.1% | 13.4% | ||
| Q4 24 | 24.6% | 6.4% | ||
| Q3 24 | 27.8% | 6.4% | ||
| Q2 24 | 34.7% | 2.3% |
资本支出强度AKAMROKU
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 0.1% | ||
| Q3 25 | 10.7% | 0.1% | ||
| Q2 25 | 13.9% | 0.1% | ||
| Q1 25 | 11.6% | 0.2% | ||
| Q4 24 | 9.1% | 0.2% | ||
| Q3 24 | 11.2% | 0.1% | ||
| Q2 24 | 9.3% | 0.1% |
现金转化率AKAMROKU
| Q1 26 | — | — | ||
| Q4 25 | 4.31× | 1.34× | ||
| Q3 25 | 3.15× | 5.14× | ||
| Q2 25 | 4.43× | 10.45× | ||
| Q1 25 | 2.04× | — | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 6.78× | — | ||
| Q2 24 | 3.27× | — |
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% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
