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阿卡迈（AKAM）与Ventas（VTR）财务数据对比。点击上方公司名可切换其他公司
Ventas的季度营收约是阿卡迈的1.5倍（$1.7B vs $1.1B），阿卡迈净利率更高（7.8% vs 3.6%，领先4.2%），Ventas同比增速更快（22.0% vs 7.4%），过去两年Ventas的营收复合增速更高（17.5% 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。
Ventas是一家领先的医疗地产投资信托企业，旗下资产涵盖养老社区、医疗办公楼、生命科学研究设施及康复医疗中心等，主要在北美、英国地区运营，为医疗服务及生命科学机构提供专业物业解决方案。
AKAM vs VTR — 直观对比
营收规模更大
VTR
是对方的1.5倍
$1.1B
营收增速更快
VTR
高出14.7%
7.4%
净利率更高
AKAM
高出4.2%
3.6%
两年增速更快
VTR
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $85.1M | $59.0M |
| 毛利率 | 58.7% | — |
| 营业利润率 | 8.7% | — |
| 净利率 | 7.8% | 3.6% |
| 营收同比 | 7.4% | 22.0% |
| 净利润同比 | -39.2% | 19.0% |
| 每股收益（稀释后） | $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AKAMVTR
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $979.6M | $1.2B |
净利润AKAMVTR
| Q1 26 | — | $59.0M | ||
| Q4 25 | $85.1M | $73.0M | ||
| Q3 25 | $140.2M | $68.7M | ||
| Q2 25 | $103.6M | $71.5M | ||
| Q1 25 | $123.2M | $48.4M | ||
| Q4 24 | $139.9M | $58.7M | ||
| Q3 24 | $57.9M | $21.0M | ||
| Q2 24 | $131.7M | $21.2M |
毛利率AKAMVTR
| Q1 26 | — | — | ||
| 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% | — |
营业利润率AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 4.9% | ||
| Q3 25 | 15.7% | 3.0% | ||
| Q2 25 | 14.5% | 3.0% | ||
| Q1 25 | 15.2% | 3.0% | ||
| Q4 24 | 14.5% | -0.0% | ||
| Q3 24 | 7.0% | 1.5% | ||
| Q2 24 | 15.1% | -1.6% |
净利率AKAMVTR
| Q1 26 | — | 3.6% | ||
| Q4 25 | 7.8% | 4.7% | ||
| Q3 25 | 13.3% | 4.6% | ||
| Q2 25 | 9.9% | 5.0% | ||
| Q1 25 | 12.1% | 3.6% | ||
| Q4 24 | 13.7% | 4.6% | ||
| Q3 24 | 5.8% | 1.7% | ||
| Q2 24 | 13.4% | 1.8% |
每股收益（稀释后）AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | $0.57 | $0.15 | ||
| Q3 25 | $0.97 | $0.14 | ||
| Q2 25 | $0.71 | $0.15 | ||
| Q1 25 | $0.82 | $0.10 | ||
| Q4 24 | $0.92 | $0.13 | ||
| Q3 24 | $0.38 | $0.05 | ||
| Q2 24 | $0.86 | $0.05 |
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 | $183.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $13.2B |
| 总资产 | $11.5B | $27.7B |
| 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AKAMVTR
| Q1 26 | — | $183.6M | ||
| Q4 25 | $1.2B | $741.1M | ||
| Q3 25 | $1.1B | $188.6M | ||
| Q2 25 | $966.6M | $614.2M | ||
| Q1 25 | $1.3B | $182.3M | ||
| Q4 24 | $1.6B | $897.9M | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $1.6B | $557.1M |
总债务AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $13.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AKAMVTR
| Q1 26 | — | $13.2B | ||
| Q4 25 | $5.0B | $12.5B | ||
| Q3 25 | $4.7B | $12.4B | ||
| Q2 25 | $4.5B | $11.5B | ||
| Q1 25 | $4.6B | $11.5B | ||
| Q4 24 | $4.9B | $10.8B | ||
| Q3 24 | $4.8B | $9.8B | ||
| Q2 24 | $4.8B | $9.6B |
总资产AKAMVTR
| Q1 26 | — | $27.7B | ||
| Q4 25 | $11.5B | $27.6B | ||
| Q3 25 | $10.8B | $26.9B | ||
| Q2 25 | $10.5B | $26.5B | ||
| Q1 25 | $10.0B | $26.0B | ||
| Q4 24 | $10.4B | $26.2B | ||
| Q3 24 | $10.2B | $25.3B | ||
| Q2 24 | $10.1B | $24.5B |
负债/权益比AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $234.9M | — |
| 自由现金流率自由现金流/营收 | 21.5% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | $366.6M | $471.7M | ||
| Q3 25 | $441.8M | $378.6M | ||
| Q2 25 | $459.1M | $475.3M | ||
| Q1 25 | $251.2M | $321.1M | ||
| Q4 24 | $343.8M | $373.6M | ||
| Q3 24 | $392.5M | $353.7M | ||
| Q2 24 | $431.0M | $335.9M |
自由现金流AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | $234.9M | — | ||
| Q3 25 | $329.1M | — | ||
| Q2 25 | $313.6M | — | ||
| Q1 25 | $133.4M | — | ||
| Q4 24 | $250.9M | — | ||
| Q3 24 | $279.7M | — | ||
| Q2 24 | $340.0M | — |
自由现金流率AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 21.5% | — | ||
| Q3 25 | 31.2% | — | ||
| Q2 25 | 30.1% | — | ||
| Q1 25 | 13.1% | — | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 27.8% | — | ||
| Q2 24 | 34.7% | — |
资本支出强度AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 13.9% | — | ||
| Q1 25 | 11.6% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 9.3% | — |
现金转化率AKAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 4.31× | 6.46× | ||
| Q3 25 | 3.15× | 5.51× | ||
| Q2 25 | 4.43× | 6.65× | ||
| Q1 25 | 2.04× | 6.64× | ||
| Q4 24 | 2.46× | 6.36× | ||
| Q3 24 | 6.78× | 16.84× | ||
| Q2 24 | 3.27× | 15.87× |
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% |
VTR
| Resident fees and services | $1.3B | 78% |
| Outpatient medical and research portfolio | $230.1M | 14% |
| Triple-net leased properties | $123.1M | 7% |
| Third-party capital management revenues | $4.4M | 0% |
