vs
Arista Networks（ANET）与AutoZone（AZO）财务数据对比。点击上方公司名可切换其他公司
AutoZone的季度营收约是Arista Networks的1.7倍（$4.3B vs $2.5B），Arista Networks净利率更高（38.4% vs 11.0%，领先27.4%），Arista Networks同比增速更快（28.9% vs 8.1%），过去两年Arista Networks的营收复合增速更高（25.8% vs 0.5%）
Arista Networks是总部位于美国加利福尼亚州圣克拉拉的计算机网络企业，专注于设计销售多层网络交换机，为大型数据中心、云计算、高性能计算、高频交易等场景提供软件定义网络（SDN）解决方案，旗下拥有10G至800G系列低延迟直通以太网交换机，搭载自研基于Linux的可扩展操作系统EOS。
AutoZone是美国规模最大的汽车售后零部件及配件零售商，1979年正式成立，总部位于田纳西州孟菲斯。目前企业在全美、墨西哥、波多黎各、巴西及美属维尔京群岛共开设7140家门店，为车主及汽修从业人员提供多元齐全的汽车相关配件产品。
ANET vs AZO — 直观对比
营收规模更大
AZO
是对方的1.7倍
$2.5B
营收增速更快
ANET
高出20.7%
8.1%
净利率更高
ANET
高出27.4%
11.0%
两年增速更快
ANET
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $4.3B |
| 净利润 | $955.8M | $468.9M |
| 毛利率 | 62.9% | 52.5% |
| 营业利润率 | 41.5% | 16.3% |
| 净利率 | 38.4% | 11.0% |
| 营收同比 | 28.9% | 8.1% |
| 净利润同比 | 19.3% | -3.9% |
| 每股收益（稀释后） | $0.74 | $27.63 |
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ANETAZO
| Q1 26 | — | $4.3B | ||
| Q4 25 | $2.5B | $4.6B | ||
| Q3 25 | $2.3B | $6.2B | ||
| Q2 25 | $2.2B | $4.5B | ||
| Q1 25 | $2.0B | $4.0B | ||
| Q4 24 | $1.9B | $4.3B | ||
| Q3 24 | $1.8B | $6.2B | ||
| Q2 24 | $1.7B | $4.2B |
净利润ANETAZO
| Q1 26 | — | $468.9M | ||
| Q4 25 | $955.8M | $530.8M | ||
| Q3 25 | $853.0M | $837.0M | ||
| Q2 25 | $888.8M | $608.4M | ||
| Q1 25 | $813.8M | $487.9M | ||
| Q4 24 | $801.0M | $564.9M | ||
| Q3 24 | $747.9M | $902.2M | ||
| Q2 24 | $665.4M | $651.7M |
毛利率ANETAZO
| Q1 26 | — | 52.5% | ||
| Q4 25 | 62.9% | 51.0% | ||
| Q3 25 | 64.6% | 51.5% | ||
| Q2 25 | 65.2% | 52.7% | ||
| Q1 25 | 63.7% | 53.9% | ||
| Q4 24 | 63.8% | 53.0% | ||
| Q3 24 | 64.2% | 52.5% | ||
| Q2 24 | 64.9% | 53.5% |
营业利润率ANETAZO
| Q1 26 | — | 16.3% | ||
| Q4 25 | 41.5% | 16.9% | ||
| Q3 25 | 42.4% | 19.2% | ||
| Q2 25 | 44.7% | 19.4% | ||
| Q1 25 | 42.8% | 17.9% | ||
| Q4 24 | 41.4% | 19.7% | ||
| Q3 24 | 43.4% | 20.9% | ||
| Q2 24 | 41.4% | 21.3% |
净利率ANETAZO
| Q1 26 | — | 11.0% | ||
| Q4 25 | 38.4% | 11.5% | ||
| Q3 25 | 37.0% | 13.4% | ||
| Q2 25 | 40.3% | 13.6% | ||
| Q1 25 | 40.6% | 12.3% | ||
| Q4 24 | 41.5% | 13.2% | ||
| Q3 24 | 41.3% | 14.5% | ||
| Q2 24 | 39.4% | 15.4% |
每股收益（稀释后）ANETAZO
| Q1 26 | — | $27.63 | ||
| Q4 25 | $0.74 | $31.04 | ||
| Q3 25 | $0.67 | $48.70 | ||
| Q2 25 | $0.70 | $35.36 | ||
| Q1 25 | $0.64 | $28.29 | ||
| Q4 24 | $-4.17 | $32.52 | ||
| Q3 24 | $2.33 | $51.42 | ||
| Q2 24 | $2.08 | $36.69 |
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 | $2.0B | $285.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $12.4B | $-2.9B |
| 总资产 | $19.4B | $20.4B |
| 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ANETAZO
| Q1 26 | — | $285.5M | ||
| Q4 25 | $2.0B | $287.6M | ||
| Q3 25 | $2.3B | $271.8M | ||
| Q2 25 | $2.2B | $268.6M | ||
| Q1 25 | $1.8B | $300.9M | ||
| Q4 24 | $2.8B | $304.0M | ||
| Q3 24 | $3.2B | $298.2M | ||
| Q2 24 | $2.4B | $275.4M |
股东权益ANETAZO
| Q1 26 | — | $-2.9B | ||
| Q4 25 | $12.4B | $-3.2B | ||
| Q3 25 | $11.9B | $-3.4B | ||
| Q2 25 | $10.9B | $-4.0B | ||
| Q1 25 | $10.1B | $-4.5B | ||
| Q4 24 | $10.0B | $-4.7B | ||
| Q3 24 | $9.2B | $-4.7B | ||
| Q2 24 | $8.4B | $-4.8B |
总资产ANETAZO
| Q1 26 | — | $20.4B | ||
| Q4 25 | $19.4B | $19.7B | ||
| Q3 25 | $18.0B | $19.4B | ||
| Q2 25 | $16.5B | $18.6B | ||
| Q1 25 | $14.5B | $18.1B | ||
| Q4 24 | $14.0B | $17.5B | ||
| Q3 24 | $12.8B | $17.2B | ||
| Q2 24 | $11.6B | $17.1B |
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 | $1.3B | $373.4M |
| 自由现金流经营现金流 - 资本支出 | — | $35.6M |
| 自由现金流率自由现金流/营收 | — | 0.8% |
| 资本支出强度资本支出/营收 | — | 7.9% |
| 现金转化率经营现金流/净利润 | 1.32× | 0.80× |
| 过去12个月自由现金流最近4个季度 | — | $1.6B |
8季度趋势，按日历期对齐
经营现金流ANETAZO
| Q1 26 | — | $373.4M | ||
| Q4 25 | $1.3B | $944.2M | ||
| Q3 25 | $1.3B | $952.8M | ||
| Q2 25 | $1.2B | $769.0M | ||
| Q1 25 | $641.7M | $583.7M | ||
| Q4 24 | $1.0B | $811.8M | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $989.0M | $669.5M |
自由现金流ANETAZO
| Q1 26 | — | $35.6M | ||
| Q4 25 | — | $630.0M | ||
| Q3 25 | $1.2B | $511.1M | ||
| Q2 25 | $1.2B | $423.1M | ||
| Q1 25 | $613.3M | $291.0M | ||
| Q4 24 | — | $564.8M | ||
| Q3 24 | $1.2B | $723.5M | ||
| Q2 24 | $985.9M | $434.4M |
自由现金流率ANETAZO
| Q1 26 | — | 0.8% | ||
| Q4 25 | — | 13.6% | ||
| Q3 25 | 53.6% | 8.2% | ||
| Q2 25 | 53.3% | 9.5% | ||
| Q1 25 | 30.6% | 7.4% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 64.5% | 11.7% | ||
| Q2 24 | 58.3% | 10.3% |
资本支出强度ANETAZO
| Q1 26 | — | 7.9% | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | 1.3% | 7.1% | ||
| Q2 25 | 1.1% | 7.7% | ||
| Q1 25 | 1.4% | 7.4% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 0.4% | 5.6% | ||
| Q2 24 | 0.2% | 5.6% |
现金转化率ANETAZO
| Q1 26 | — | 0.80× | ||
| Q4 25 | 1.32× | 1.78× | ||
| Q3 25 | 1.49× | 1.14× | ||
| Q2 25 | 1.35× | 1.26× | ||
| Q1 25 | 0.79× | 1.20× | ||
| Q4 24 | 1.29× | 1.44× | ||
| Q3 24 | 1.57× | 1.19× | ||
| Q2 24 | 1.49× | 1.03× |
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
ANET
| Products | $2.1B | 84% |
| Services | $392.1M | 16% |
AZO
暂无分部数据
