vs
Arista Networks（ANET）与金宝汤（CPB）财务数据对比。点击上方公司名可切换其他公司
金宝汤的季度营收约是Arista Networks的1.1倍（$2.7B vs $2.5B），Arista Networks净利率更高（38.4% vs 7.2%，领先31.2%），Arista Networks同比增速更快（28.9% vs -3.4%），过去两年Arista Networks的营收复合增速更高（25.8% vs 4.4%）
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。
金宝汤是美国知名食品企业，核心旗舰产品为罐装汤品。其品牌旗下众多产品采用的经典红白罐设计已成为美国文化符号之一，艺术家安迪·沃霍尔创作的金宝汤罐系列波普艺术作品更让这一设计广为人知。
ANET vs CPB — 直观对比
营收规模更大
CPB
是对方的1.1倍
$2.5B
营收增速更快
ANET
高出32.3%
-3.4%
净利率更高
ANET
高出31.2%
7.2%
两年增速更快
ANET
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $2.7B |
| 净利润 | $955.8M | $194.0M |
| 毛利率 | 62.9% | 29.6% |
| 营业利润率 | 41.5% | 12.6% |
| 净利率 | 38.4% | 7.2% |
| 营收同比 | 28.9% | -3.4% |
| 净利润同比 | 19.3% | -11.0% |
| 每股收益（稀释后） | $0.74 | $0.65 |
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ANETCPB
| Q4 25 | $2.5B | $2.7B | ||
| Q3 25 | $2.3B | $2.3B | ||
| Q2 25 | $2.2B | $2.5B | ||
| Q1 25 | $2.0B | $2.7B | ||
| Q4 24 | $1.9B | $2.8B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | $1.7B | $2.4B | ||
| Q1 24 | $1.6B | $2.5B |
净利润ANETCPB
| Q4 25 | $955.8M | $194.0M | ||
| Q3 25 | $853.0M | $145.0M | ||
| Q2 25 | $888.8M | $66.0M | ||
| Q1 25 | $813.8M | $173.0M | ||
| Q4 24 | $801.0M | $218.0M | ||
| Q3 24 | $747.9M | $-3.0M | ||
| Q2 24 | $665.4M | $133.0M | ||
| Q1 24 | $637.7M | $203.0M |
毛利率ANETCPB
| Q4 25 | 62.9% | 29.6% | ||
| Q3 25 | 64.6% | 30.4% | ||
| Q2 25 | 65.2% | 29.4% | ||
| Q1 25 | 63.7% | 30.5% | ||
| Q4 24 | 63.8% | 31.3% | ||
| Q3 24 | 64.2% | 29.4% | ||
| Q2 24 | 64.9% | 30.9% | ||
| Q1 24 | 63.7% | 31.6% |
营业利润率ANETCPB
| Q4 25 | 41.5% | 12.6% | ||
| Q3 25 | 42.4% | 11.6% | ||
| Q2 25 | 44.7% | 6.5% | ||
| Q1 25 | 42.8% | 12.2% | ||
| Q4 24 | 41.4% | 13.2% | ||
| Q3 24 | 43.4% | 3.4% | ||
| Q2 24 | 41.4% | 10.5% | ||
| Q1 24 | 42.0% | 12.9% |
净利率ANETCPB
| Q4 25 | 38.4% | 7.2% | ||
| Q3 25 | 37.0% | 6.2% | ||
| Q2 25 | 40.3% | 2.7% | ||
| Q1 25 | 40.6% | 6.4% | ||
| Q4 24 | 41.5% | 7.9% | ||
| Q3 24 | 41.3% | -0.1% | ||
| Q2 24 | 39.4% | 5.6% | ||
| Q1 24 | 40.6% | 8.3% |
每股收益（稀释后）ANETCPB
| Q4 25 | $0.74 | $0.65 | ||
| Q3 25 | $0.67 | $0.49 | ||
| Q2 25 | $0.70 | $0.22 | ||
| Q1 25 | $0.64 | $0.58 | ||
| Q4 24 | $-4.17 | $0.72 | ||
| Q3 24 | $2.33 | $-0.01 | ||
| Q2 24 | $2.08 | $0.44 | ||
| Q1 24 | $1.99 | $0.68 |
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 | $168.0M |
| 总债务越低越好 | — | $6.1B |
| 股东权益账面价值 | $12.4B | $4.0B |
| 总资产 | $19.4B | $15.2B |
| 负债/权益比越低杠杆越低 | — | 1.54× |
8季度趋势，按日历期对齐
现金及短期投资ANETCPB
| Q4 25 | $2.0B | $168.0M | ||
| Q3 25 | $2.3B | $132.0M | ||
| Q2 25 | $2.2B | $143.0M | ||
| Q1 25 | $1.8B | $829.0M | ||
| Q4 24 | $2.8B | $808.0M | ||
| Q3 24 | $3.2B | $108.0M | ||
| Q2 24 | $2.4B | $107.0M | ||
| Q1 24 | $2.1B | $169.0M |
总债务ANETCPB
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | — | $6.1B | ||
| Q1 25 | — | $6.5B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $5.8B | ||
| Q2 24 | — | $5.8B | ||
| Q1 24 | — | $4.5B |
股东权益ANETCPB
| Q4 25 | $12.4B | $4.0B | ||
| Q3 25 | $11.9B | $3.9B | ||
| Q2 25 | $10.9B | $3.9B | ||
| Q1 25 | $10.1B | $3.9B | ||
| Q4 24 | $10.0B | $3.8B | ||
| Q3 24 | $9.2B | $3.8B | ||
| Q2 24 | $8.4B | $3.9B | ||
| Q1 24 | $7.9B | $3.8B |
总资产ANETCPB
| Q4 25 | $19.4B | $15.2B | ||
| Q3 25 | $18.0B | $14.9B | ||
| Q2 25 | $16.5B | $14.8B | ||
| Q1 25 | $14.5B | $15.9B | ||
| Q4 24 | $14.0B | $16.1B | ||
| Q3 24 | $12.8B | $15.2B | ||
| Q2 24 | $11.6B | $15.2B | ||
| Q1 24 | $10.6B | $12.1B |
负债/权益比ANETCPB
| Q4 25 | — | 1.54× | ||
| Q3 25 | — | 1.56× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | — | 1.66× | ||
| Q4 24 | — | 1.75× | ||
| Q3 24 | — | 1.52× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 1.17× |
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 | $224.0M |
| 自由现金流经营现金流 - 资本支出 | — | $97.0M |
| 自由现金流率自由现金流/营收 | — | 3.6% |
| 资本支出强度资本支出/营收 | — | 4.7% |
| 现金转化率经营现金流/净利润 | 1.32× | 1.15× |
| 过去12个月自由现金流最近4个季度 | — | $687.0M |
8季度趋势，按日历期对齐
经营现金流ANETCPB
| Q4 25 | $1.3B | $224.0M | ||
| Q3 25 | $1.3B | $259.0M | ||
| Q2 25 | $1.2B | $135.0M | ||
| Q1 25 | $641.7M | $512.0M | ||
| Q4 24 | $1.0B | $225.0M | ||
| Q3 24 | $1.2B | $288.0M | ||
| Q2 24 | $989.0M | $213.0M | ||
| Q1 24 | $513.8M | $510.0M |
自由现金流ANETCPB
| Q4 25 | — | $97.0M | ||
| Q3 25 | $1.2B | $129.0M | ||
| Q2 25 | $1.2B | $50.0M | ||
| Q1 25 | $613.3M | $411.0M | ||
| Q4 24 | — | $115.0M | ||
| Q3 24 | $1.2B | $147.0M | ||
| Q2 24 | $985.9M | $100.0M | ||
| Q1 24 | $504.4M | $390.0M |
自由现金流率ANETCPB
| Q4 25 | — | 3.6% | ||
| Q3 25 | 53.6% | 5.6% | ||
| Q2 25 | 53.3% | 2.0% | ||
| Q1 25 | 30.6% | 15.3% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | 64.5% | 6.4% | ||
| Q2 24 | 58.3% | 4.2% | ||
| Q1 24 | 32.1% | 15.9% |
资本支出强度ANETCPB
| Q4 25 | — | 4.7% | ||
| Q3 25 | 1.3% | 5.6% | ||
| Q2 25 | 1.1% | 3.4% | ||
| Q1 25 | 1.4% | 3.8% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | 0.4% | 6.1% | ||
| Q2 24 | 0.2% | 4.8% | ||
| Q1 24 | 0.6% | 4.9% |
现金转化率ANETCPB
| Q4 25 | 1.32× | 1.15× | ||
| Q3 25 | 1.49× | 1.79× | ||
| Q2 25 | 1.35× | 2.05× | ||
| Q1 25 | 0.79× | 2.96× | ||
| Q4 24 | 1.29× | 1.03× | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 1.49× | 1.60× | ||
| Q1 24 | 0.81× | 2.51× |
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% |
CPB
| Baked Snacks | $995.0M | 37% |
| Snacks | $914.0M | 34% |
| Simple Meals | $580.0M | 22% |
| Beverages | $168.0M | 6% |
