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Arista Networks（ANET）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Arista Networks的季度营收约是Rivian Automotive, Inc.的1.9倍（$2.5B vs $1.3B），Arista Networks净利率更高（38.4% vs -63.1%，领先101.5%），Arista Networks同比增速更快（28.9% vs -25.8%），过去两年Arista Networks的营收复合增速更高（25.8% vs 3.3%）
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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
ANET vs RIVN — 直观对比
营收规模更大
ANET
是对方的1.9倍
$1.3B
营收增速更快
ANET
高出54.7%
-25.8%
净利率更高
ANET
高出101.5%
-63.1%
两年增速更快
ANET
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.3B |
| 净利润 | $955.8M | $-811.0M |
| 毛利率 | 62.9% | 9.3% |
| 营业利润率 | 41.5% | -64.8% |
| 净利率 | 38.4% | -63.1% |
| 营收同比 | 28.9% | -25.8% |
| 净利润同比 | 19.3% | -9.0% |
| 每股收益（稀释后） | $0.74 | $-0.66 |
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ANETRIVN
| Q4 25 | $2.5B | $1.3B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $1.8B | $874.0M | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.6B | $1.2B |
净利润ANETRIVN
| Q4 25 | $955.8M | $-811.0M | ||
| Q3 25 | $853.0M | $-1.2B | ||
| Q2 25 | $888.8M | $-1.1B | ||
| Q1 25 | $813.8M | $-545.0M | ||
| Q4 24 | $801.0M | $-744.0M | ||
| Q3 24 | $747.9M | $-1.1B | ||
| Q2 24 | $665.4M | $-1.5B | ||
| Q1 24 | $637.7M | $-1.4B |
毛利率ANETRIVN
| Q4 25 | 62.9% | 9.3% | ||
| Q3 25 | 64.6% | 1.5% | ||
| Q2 25 | 65.2% | -15.8% | ||
| Q1 25 | 63.7% | 16.6% | ||
| Q4 24 | 63.8% | 9.8% | ||
| Q3 24 | 64.2% | -44.9% | ||
| Q2 24 | 64.9% | -38.9% | ||
| Q1 24 | 63.7% | -43.8% |
营业利润率ANETRIVN
| Q4 25 | 41.5% | -64.8% | ||
| Q3 25 | 42.4% | -63.1% | ||
| Q2 25 | 44.7% | -85.5% | ||
| Q1 25 | 42.8% | -52.8% | ||
| Q4 24 | 41.4% | -38.1% | ||
| Q3 24 | 43.4% | -133.8% | ||
| Q2 24 | 41.4% | -118.7% | ||
| Q1 24 | 42.0% | -123.3% |
净利率ANETRIVN
| Q4 25 | 38.4% | -63.1% | ||
| Q3 25 | 37.0% | -75.3% | ||
| Q2 25 | 40.3% | -85.7% | ||
| Q1 25 | 40.6% | -44.0% | ||
| Q4 24 | 41.5% | -42.9% | ||
| Q3 24 | 41.3% | -125.9% | ||
| Q2 24 | 39.4% | -125.8% | ||
| Q1 24 | 40.6% | -120.1% |
每股收益（稀释后）ANETRIVN
| Q4 25 | $0.74 | $-0.66 | ||
| Q3 25 | $0.67 | $-0.96 | ||
| Q2 25 | $0.70 | $-0.97 | ||
| Q1 25 | $0.64 | $-0.48 | ||
| Q4 24 | $-4.17 | $-0.67 | ||
| Q3 24 | $2.33 | $-1.08 | ||
| Q2 24 | $2.08 | $-1.46 | ||
| Q1 24 | $1.99 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $12.4B | $4.6B |
| 总资产 | $19.4B | $14.9B |
| 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ANETRIVN
| Q4 25 | $2.0B | $6.1B | ||
| Q3 25 | $2.3B | $7.1B | ||
| Q2 25 | $2.2B | $7.5B | ||
| Q1 25 | $1.8B | $7.2B | ||
| Q4 24 | $2.8B | $7.7B | ||
| Q3 24 | $3.2B | $6.7B | ||
| Q2 24 | $2.4B | $7.9B | ||
| Q1 24 | $2.1B | $7.9B |
总债务ANETRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益ANETRIVN
| Q4 25 | $12.4B | $4.6B | ||
| Q3 25 | $11.9B | $5.1B | ||
| Q2 25 | $10.9B | $6.1B | ||
| Q1 25 | $10.1B | $6.2B | ||
| Q4 24 | $10.0B | $6.6B | ||
| Q3 24 | $9.2B | $5.9B | ||
| Q2 24 | $8.4B | $6.8B | ||
| Q1 24 | $7.9B | $8.1B |
总资产ANETRIVN
| Q4 25 | $19.4B | $14.9B | ||
| Q3 25 | $18.0B | $15.2B | ||
| Q2 25 | $16.5B | $15.6B | ||
| Q1 25 | $14.5B | $15.5B | ||
| Q4 24 | $14.0B | $15.4B | ||
| Q3 24 | $12.8B | $14.3B | ||
| Q2 24 | $11.6B | $15.4B | ||
| Q1 24 | $10.6B | $15.7B |
负债/权益比ANETRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 现金转化率经营现金流/净利润 | 1.32× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流ANETRIVN
| Q4 25 | $1.3B | $-681.0M | ||
| Q3 25 | $1.3B | $26.0M | ||
| Q2 25 | $1.2B | $64.0M | ||
| Q1 25 | $641.7M | $-188.0M | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.2B | $-876.0M | ||
| Q2 24 | $989.0M | $-754.0M | ||
| Q1 24 | $513.8M | $-1.3B |
自由现金流ANETRIVN
| Q4 25 | — | $-1.1B | ||
| Q3 25 | $1.2B | $-421.0M | ||
| Q2 25 | $1.2B | $-398.0M | ||
| Q1 25 | $613.3M | $-526.0M | ||
| Q4 24 | — | $856.0M | ||
| Q3 24 | $1.2B | $-1.2B | ||
| Q2 24 | $985.9M | $-1.0B | ||
| Q1 24 | $504.4M | $-1.5B |
自由现金流率ANETRIVN
| Q4 25 | — | -89.0% | ||
| Q3 25 | 53.6% | -27.0% | ||
| Q2 25 | 53.3% | -30.5% | ||
| Q1 25 | 30.6% | -42.4% | ||
| Q4 24 | — | 49.4% | ||
| Q3 24 | 64.5% | -131.9% | ||
| Q2 24 | 58.3% | -89.6% | ||
| Q1 24 | 32.1% | -126.5% |
资本支出强度ANETRIVN
| Q4 25 | — | 36.0% | ||
| Q3 25 | 1.3% | 28.7% | ||
| Q2 25 | 1.1% | 35.5% | ||
| Q1 25 | 1.4% | 27.3% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | 0.4% | 31.7% | ||
| Q2 24 | 0.2% | 24.4% | ||
| Q1 24 | 0.6% | 21.1% |
现金转化率ANETRIVN
| Q4 25 | 1.32× | — | ||
| Q3 25 | 1.49× | — | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 1.29× | — | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 1.49× | — | ||
| Q1 24 | 0.81× | — |
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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
