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阿拉斯加航空集团（ALK）与ServiceNow（NOW）财务数据对比。点击上方公司名可切换其他公司
ServiceNow的季度营收约是阿拉斯加航空集团的1.1倍（$3.8B vs $3.3B），ServiceNow净利率更高（12.4% vs -5.8%，领先18.3%），阿拉斯加航空集团同比增速更快（5.2% vs 2.8%），过去两年ServiceNow的营收复合增速更高（19.8% vs 6.7%）
阿拉斯加航空集团是总部位于美国华盛顿州西塔科的航空控股企业，旗下拥有阿拉斯加航空、夏威夷航空两家干线航司，以及区域航司地平线航空，阿拉斯加航空还全资控股飞机地面服务提供商麦吉航空服务。
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。
ALK vs NOW — 直观对比
营收规模更大
NOW
是对方的1.1倍
$3.3B
营收增速更快
ALK
高出2.4%
2.8%
净利率更高
NOW
高出18.3%
-5.8%
两年增速更快
NOW
近两年复合增速
6.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $3.8B |
| 净利润 | $-193.0M | $469.0M |
| 毛利率 | — | 75.1% |
| 营业利润率 | -8.5% | 13.3% |
| 净利率 | -5.8% | 12.4% |
| 营收同比 | 5.2% | 2.8% |
| 净利润同比 | — | -53.7% |
| 每股收益（稀释后） | $-1.69 | $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ALKNOW
| Q1 26 | $3.3B | $3.8B | ||
| Q4 25 | $3.6B | $3.6B | ||
| Q3 25 | $3.8B | $3.4B | ||
| Q2 25 | $3.7B | $3.2B | ||
| Q1 25 | $3.1B | $3.1B | ||
| Q4 24 | $3.5B | $3.0B | ||
| Q3 24 | $3.1B | $2.8B | ||
| Q2 24 | $2.9B | $2.6B |
净利润ALKNOW
| Q1 26 | $-193.0M | $469.0M | ||
| Q4 25 | $21.0M | $401.0M | ||
| Q3 25 | $73.0M | $502.0M | ||
| Q2 25 | $172.0M | $385.0M | ||
| Q1 25 | $-166.0M | $460.0M | ||
| Q4 24 | $71.0M | $384.0M | ||
| Q3 24 | $236.0M | $432.0M | ||
| Q2 24 | $220.0M | $262.0M |
毛利率ALKNOW
| Q1 26 | — | 75.1% | ||
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 77.3% | ||
| Q2 25 | — | 77.5% | ||
| Q1 25 | — | 78.9% | ||
| Q4 24 | — | 78.7% | ||
| Q3 24 | — | 79.1% | ||
| Q2 24 | — | 79.0% |
营业利润率ALKNOW
| Q1 26 | -8.5% | 13.3% | ||
| Q4 25 | 2.1% | 12.4% | ||
| Q3 25 | 3.9% | 16.8% | ||
| Q2 25 | 7.5% | 11.1% | ||
| Q1 25 | -6.3% | 14.6% | ||
| Q4 24 | 2.1% | 12.6% | ||
| Q3 24 | 11.1% | 14.9% | ||
| Q2 24 | 11.1% | 9.1% |
净利率ALKNOW
| Q1 26 | -5.8% | 12.4% | ||
| Q4 25 | 0.6% | 11.2% | ||
| Q3 25 | 1.9% | 14.7% | ||
| Q2 25 | 4.6% | 12.0% | ||
| Q1 25 | -5.3% | 14.9% | ||
| Q4 24 | 2.0% | 13.0% | ||
| Q3 24 | 7.7% | 15.4% | ||
| Q2 24 | 7.6% | 10.0% |
每股收益（稀释后）ALKNOW
| Q1 26 | $-1.69 | $1.04 | ||
| Q4 25 | $0.14 | $-4.77 | ||
| Q3 25 | $0.62 | $2.40 | ||
| Q2 25 | $1.42 | $1.84 | ||
| Q1 25 | $-1.35 | $2.20 | ||
| Q4 24 | $0.58 | $1.84 | ||
| Q3 24 | $1.84 | $2.07 | ||
| Q2 24 | $1.71 | $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 | $451.0M | $2.7B |
| 总债务越低越好 | $5.3B | — |
| 股东权益账面价值 | $3.7B | $11.7B |
| 总资产 | $20.3B | $24.4B |
| 负债/权益比越低杠杆越低 | 1.43× | — |
8季度趋势，按日历期对齐
现金及短期投资ALKNOW
| Q1 26 | $451.0M | $2.7B | ||
| Q4 25 | $627.0M | $3.7B | ||
| Q3 25 | $2.3B | $2.7B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.5B | $3.4B | ||
| Q4 24 | $2.5B | $2.3B | ||
| Q3 24 | $2.5B | $1.9B | ||
| Q2 24 | $2.5B | $2.2B |
总债务ALKNOW
| Q1 26 | $5.3B | — | ||
| Q4 25 | $4.8B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $4.8B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.7B | — |
股东权益ALKNOW
| Q1 26 | $3.7B | $11.7B | ||
| Q4 25 | $4.1B | $13.0B | ||
| Q3 25 | $4.0B | $11.3B | ||
| Q2 25 | $3.9B | $10.9B | ||
| Q1 25 | $4.1B | $10.1B | ||
| Q4 24 | $4.4B | $9.6B | ||
| Q3 24 | $4.5B | $9.3B | ||
| Q2 24 | $4.2B | $8.7B |
总资产ALKNOW
| Q1 26 | $20.3B | $24.4B | ||
| Q4 25 | $20.4B | $26.0B | ||
| Q3 25 | $20.0B | $21.8B | ||
| Q2 25 | $19.9B | $22.1B | ||
| Q1 25 | $19.8B | $21.0B | ||
| Q4 24 | $19.8B | $20.4B | ||
| Q3 24 | $19.6B | $18.4B | ||
| Q2 24 | $15.3B | $18.2B |
负债/权益比ALKNOW
| Q1 26 | 1.43× | — | ||
| Q4 25 | 1.17× | — | ||
| Q3 25 | 1.24× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.04× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 0.63× | — |
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 | $229.0M | $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 | 10.2% | — |
| 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ALKNOW
| Q1 26 | $229.0M | $1.7B | ||
| Q4 25 | $185.0M | $2.2B | ||
| Q3 25 | $229.0M | $813.0M | ||
| Q2 25 | $376.0M | $716.0M | ||
| Q1 25 | $459.0M | $1.7B | ||
| Q4 24 | $274.0M | $1.6B | ||
| Q3 24 | $318.0M | $671.0M | ||
| Q2 24 | $580.0M | $620.0M |
自由现金流ALKNOW
| 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ALKNOW
| 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ALKNOW
| Q1 26 | 10.2% | — | ||
| 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ALKNOW
| Q1 26 | — | 3.56× | ||
| Q4 25 | 8.81× | 5.58× | ||
| Q3 25 | 3.14× | 1.62× | ||
| Q2 25 | 2.19× | 1.86× | ||
| Q1 25 | — | 3.65× | ||
| Q4 24 | 3.86× | 4.26× | ||
| Q3 24 | 1.35× | 1.55× | ||
| Q2 24 | 2.64× | 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
ALK
| Passenger revenue | $2.9B | 88% |
| Loyalty program other revenue | $227.0M | 7% |
| Cargo and other revenue | $153.0M | 5% |
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $99.0M | 3% |
