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APOGEE ENTERPRISES, INC.（APOG）与Elastic N.V.（ESTC）财务数据对比。点击上方公司名可切换其他公司
Elastic N.V.的季度营收约是APOGEE ENTERPRISES, INC.的1.2倍（$423.5M vs $351.4M），APOGEE ENTERPRISES, INC.净利率更高（4.7% vs -12.1%，领先16.8%），Elastic N.V.同比增速更快（15.9% vs 1.6%），过去两年Elastic N.V.的营收复合增速更高（13.6% vs 2.9%）
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
Elastic是荷美合资软件企业，2012年成立于荷兰阿姆斯特丹，运营总部分设于荷兰及美国加利福尼亚州旧金山市，于纽交所上市。公司提供企业级搜索、可观测性、网络安全平台，可支持用户实现大规模数据搜索分析、系统性能监测及异常检测。
APOG vs ESTC — 直观对比
营收规模更大
ESTC
是对方的1.2倍
$351.4M
营收增速更快
ESTC
高出14.3%
1.6%
净利率更高
APOG
高出16.8%
-12.1%
两年增速更快
ESTC
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $423.5M |
| 净利润 | $16.6M | $-51.3M |
| 毛利率 | 22.4% | 75.9% |
| 营业利润率 | 7.3% | -1.9% |
| 净利率 | 4.7% | -12.1% |
| 营收同比 | 1.6% | 15.9% |
| 净利润同比 | 568.8% | -101.5% |
| 每股收益（稀释后） | $0.78 | $-0.48 |
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APOGESTC
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $423.5M | ||
| Q3 25 | $358.2M | $415.3M | ||
| Q2 25 | $346.6M | $388.4M | ||
| Q1 25 | $345.7M | $382.1M | ||
| Q4 24 | $341.3M | $365.4M | ||
| Q3 24 | $342.4M | $347.4M | ||
| Q2 24 | $331.5M | $335.0M |
净利润APOGESTC
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-51.3M | ||
| Q3 25 | $23.6M | $-24.6M | ||
| Q2 25 | $-2.7M | $-16.4M | ||
| Q1 25 | $2.5M | $-17.1M | ||
| Q4 24 | $21.0M | $-25.4M | ||
| Q3 24 | $30.6M | $-49.2M | ||
| Q2 24 | $31.0M | $-41.1M |
毛利率APOGESTC
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 75.9% | ||
| Q3 25 | 23.1% | 76.7% | ||
| Q2 25 | 21.7% | 74.8% | ||
| Q1 25 | 21.6% | 74.6% | ||
| Q4 24 | 26.1% | 74.5% | ||
| Q3 24 | 28.4% | 73.6% | ||
| Q2 24 | 29.8% | 73.8% |
营业利润率APOGESTC
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | -1.9% | ||
| Q3 25 | 7.5% | -2.3% | ||
| Q2 25 | 2.0% | -3.1% | ||
| Q1 25 | 1.8% | -1.2% | ||
| Q4 24 | 8.4% | -1.2% | ||
| Q3 24 | 12.3% | -9.7% | ||
| Q2 24 | 12.5% | -13.6% |
净利率APOGESTC
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -12.1% | ||
| Q3 25 | 6.6% | -5.9% | ||
| Q2 25 | -0.8% | -4.2% | ||
| Q1 25 | 0.7% | -4.5% | ||
| Q4 24 | 6.1% | -7.0% | ||
| Q3 24 | 8.9% | -14.2% | ||
| Q2 24 | 9.4% | -12.3% |
每股收益（稀释后）APOGESTC
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-0.48 | ||
| Q3 25 | $1.10 | $-0.23 | ||
| Q2 25 | $-0.13 | $-0.15 | ||
| Q1 25 | $0.12 | $-0.16 | ||
| Q4 24 | $0.96 | $-0.25 | ||
| Q3 24 | $1.40 | $-0.48 | ||
| Q2 24 | $1.41 | $-0.35 |
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 | $39.5M | $1.4B |
| 总债务越低越好 | $232.3M | $570.3M |
| 股东权益账面价值 | $511.8M | $891.1M |
| 总资产 | $1.1B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资APOGESTC
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $1.4B | ||
| Q3 25 | $39.5M | $1.5B | ||
| Q2 25 | $32.8M | $1.4B | ||
| Q1 25 | $41.4M | $584.0M | ||
| Q4 24 | $43.9M | $658.5M | ||
| Q3 24 | $51.0M | $594.9M | ||
| Q2 24 | $30.4M | $1.1B |
总债务APOGESTC
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $570.3M | ||
| Q3 25 | — | $570.0M | ||
| Q2 25 | — | $569.7M | ||
| Q1 25 | $285.0M | $569.4M | ||
| Q4 24 | — | $569.2M | ||
| Q3 24 | — | $568.9M | ||
| Q2 24 | — | $568.6M |
股东权益APOGESTC
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $891.1M | ||
| Q3 25 | $500.2M | $971.4M | ||
| Q2 25 | $481.8M | $927.2M | ||
| Q1 25 | $487.9M | $859.1M | ||
| Q4 24 | $522.1M | $811.5M | ||
| Q3 24 | $506.4M | $759.4M | ||
| Q2 24 | $480.0M | $738.2M |
总资产APOGESTC
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $2.5B | ||
| Q3 25 | $1.2B | $2.5B | ||
| Q2 25 | $1.2B | $2.6B | ||
| Q1 25 | $1.2B | $2.3B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $917.1M | $2.2B | ||
| Q2 24 | $889.0M | $2.2B |
负债/权益比APOGESTC
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | 0.58× | 0.66× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.75× | ||
| Q2 24 | — | 0.77× |
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 | $122.5M | $26.6M |
| 自由现金流经营现金流 - 资本支出 | — | $26.0M |
| 自由现金流率自由现金流/营收 | — | 6.1% |
| 资本支出强度资本支出/营收 | 7.8% | 0.1% |
| 现金转化率经营现金流/净利润 | 7.37× | — |
| 过去12个月自由现金流最近4个季度 | — | $302.3M |
8季度趋势，按日历期对齐
经营现金流APOGESTC
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $26.6M | ||
| Q3 25 | $57.1M | $104.8M | ||
| Q2 25 | $-19.8M | $87.0M | ||
| Q1 25 | $30.0M | $88.1M | ||
| Q4 24 | $31.0M | $38.4M | ||
| Q3 24 | $58.7M | $52.8M | ||
| Q2 24 | $5.5M | $60.9M |
自由现金流APOGESTC
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $26.0M | ||
| Q3 25 | $52.4M | $104.2M | ||
| Q2 25 | $-26.9M | $84.9M | ||
| Q1 25 | $19.1M | $87.3M | ||
| Q4 24 | $22.0M | $37.7M | ||
| Q3 24 | $50.2M | $52.0M | ||
| Q2 24 | $-1.8M | $60.1M |
自由现金流率APOGESTC
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 6.1% | ||
| Q3 25 | 14.6% | 25.1% | ||
| Q2 25 | -7.8% | 21.8% | ||
| Q1 25 | 5.5% | 22.8% | ||
| Q4 24 | 6.4% | 10.3% | ||
| Q3 24 | 14.7% | 15.0% | ||
| Q2 24 | -0.5% | 17.9% |
资本支出强度APOGESTC
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 0.1% | ||
| Q3 25 | 1.3% | 0.2% | ||
| Q2 25 | 2.1% | 0.5% | ||
| Q1 25 | 3.2% | 0.2% | ||
| Q4 24 | 2.6% | 0.2% | ||
| Q3 24 | 2.5% | 0.2% | ||
| Q2 24 | 2.2% | 0.3% |
现金转化率APOGESTC
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 0.18× | — |
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
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
ESTC
| Self Managed Subscription | $192.0M | 45% |
| Saa S Self Managed Annual | $156.9M | 37% |
| Saa S Self Managed Monthly | $48.8M | 12% |
| Professional Services | $25.8M | 6% |
