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爱尔康（ALC）与ServiceNow（NOW）财务数据对比。点击上方公司名可切换其他公司
ServiceNow的季度营收约是爱尔康的1.5倍（$3.8B vs $2.6B），ServiceNow净利率更高（12.4% vs 6.8%，领先5.7%），爱尔康同比增速更快（4.0% vs 2.8%）
爱尔康是瑞美合资的制药及医疗器械企业，专注于眼健康护理产品领域。公司注册地为瑞士弗里堡州，全球总部设于日内瓦，核心运营基地位于美国得克萨斯州沃思堡，当地员工规模约4500人。
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
ALC vs NOW — 直观对比
营收规模更大
NOW
是对方的1.5倍
$2.6B
营收增速更快
ALC
高出1.2%
2.8%
净利率更高
NOW
高出5.7%
6.8%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $3.8B |
| 净利润 | $176.0M | $469.0M |
| 毛利率 | 53.5% | 75.1% |
| 营业利润率 | 9.5% | 13.3% |
| 净利率 | 6.8% | 12.4% |
| 营收同比 | 4.0% | 2.8% |
| 净利润同比 | -21.1% | -53.7% |
| 每股收益（稀释后） | $0.35 | $1.04 |
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ALCNOW
| Q1 26 | — | $3.8B | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $2.6B | $3.2B | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | $2.5B | $2.6B |
净利润ALCNOW
| Q1 26 | — | $469.0M | ||
| Q4 25 | — | $401.0M | ||
| Q3 25 | — | $502.0M | ||
| Q2 25 | $176.0M | $385.0M | ||
| Q1 25 | — | $460.0M | ||
| Q4 24 | — | $384.0M | ||
| Q3 24 | — | $432.0M | ||
| Q2 24 | $223.0M | $262.0M |
毛利率ALCNOW
| Q1 26 | — | 75.1% | ||
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 77.3% | ||
| Q2 25 | 53.5% | 77.5% | ||
| Q1 25 | — | 78.9% | ||
| Q4 24 | — | 78.7% | ||
| Q3 24 | — | 79.1% | ||
| Q2 24 | 55.0% | 79.0% |
营业利润率ALCNOW
| Q1 26 | — | 13.3% | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 16.8% | ||
| Q2 25 | 9.5% | 11.1% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | 12.7% | 9.1% |
净利率ALCNOW
| Q1 26 | — | 12.4% | ||
| Q4 25 | — | 11.2% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | 6.8% | 12.0% | ||
| Q1 25 | — | 14.9% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | 8.9% | 10.0% |
每股收益（稀释后）ALCNOW
| Q1 26 | — | $1.04 | ||
| Q4 25 | — | $-4.77 | ||
| Q3 25 | — | $2.40 | ||
| Q2 25 | $0.35 | $1.84 | ||
| Q1 25 | — | $2.20 | ||
| Q4 24 | — | $1.84 | ||
| Q3 24 | — | $2.07 | ||
| Q2 24 | $0.45 | $1.26 |
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 | $1.4B | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $22.1B | $11.7B |
| 总资产 | $31.4B | $24.4B |
| 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ALCNOW
| Q1 26 | — | $2.7B | ||
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $1.4B | $3.1B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | $1.4B | $2.2B |
股东权益ALCNOW
| Q1 26 | — | $11.7B | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | — | $11.3B | ||
| Q2 25 | $22.1B | $10.9B | ||
| Q1 25 | — | $10.1B | ||
| Q4 24 | — | $9.6B | ||
| Q3 24 | — | $9.3B | ||
| Q2 24 | $20.9B | $8.7B |
总资产ALCNOW
| Q1 26 | — | $24.4B | ||
| Q4 25 | — | $26.0B | ||
| Q3 25 | — | $21.8B | ||
| Q2 25 | $31.4B | $22.1B | ||
| Q1 25 | — | $21.0B | ||
| Q4 24 | — | $20.4B | ||
| Q3 24 | — | $18.4B | ||
| Q2 24 | $29.7B | $18.2B |
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 | — | $1.7B |
| 自由现金流经营现金流 - 资本支出 | — | $1.7B |
| 自由现金流率自由现金流/营收 | — | 44.2% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 3.56× |
| 过去12个月自由现金流最近4个季度 | — | $4.8B |
8季度趋势，按日历期对齐
经营现金流ALCNOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $813.0M | ||
| Q2 25 | — | $716.0M | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $671.0M | ||
| Q2 24 | — | $620.0M |
自由现金流ALCNOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $578.0M | ||
| Q2 25 | — | $526.0M | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $469.0M | ||
| Q2 24 | — | $358.0M |
自由现金流率ALCNOW
| Q1 26 | — | 44.2% | ||
| Q4 25 | — | 56.1% | ||
| Q3 25 | — | 17.0% | ||
| Q2 25 | — | 16.4% | ||
| Q1 25 | — | 47.7% | ||
| Q4 24 | — | 46.7% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 13.6% |
资本支出强度ALCNOW
| Q1 26 | — | — | ||
| Q4 25 | — | 6.7% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | 5.9% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 10.0% |
现金转化率ALCNOW
| Q1 26 | — | 3.56× | ||
| Q4 25 | — | 5.58× | ||
| Q3 25 | — | 1.62× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | — | 3.65× | ||
| Q4 24 | — | 4.26× | ||
| Q3 24 | — | 1.55× | ||
| Q2 24 | — | 2.37× |
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
ALC
暂无分部数据
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $80.5M | 2% |
| Professional services and other revenues | $18.5M | 0% |
