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AerSale Corp（ASLE）与VARONIS SYSTEMS INC（VRNS）财务数据对比。点击上方公司名可切换其他公司
VARONIS SYSTEMS INC的季度营收约是AerSale Corp的1.9倍（$173.1M vs $90.9M），VARONIS SYSTEMS INC同比增速更快（26.9% vs -4.0%），VARONIS SYSTEMS INC自由现金流更多（$49.0M vs $9.8M），过去两年VARONIS SYSTEMS INC的营收复合增速更高（15.2% vs 0.2%）
AerSale Corp总部位于美国佛罗里达州多拉市，是一家面向航空领域的全球供应商，主要为客运及货运航空公司、政府机构、跨国整机制造商与独立维修机构提供商用喷气飞机二手整机、发动机、航空耗材，并提供航空工程服务，同时该公司也是飞机机队回收协会的成员企业。
Varonis Systems是总部位于美国佛罗里达州迈阿密的软件企业，在以色列赫兹利亚设有研发中心。其推出的数据安全平台可分析数据及数据活动，借此识别由访问权限、SaaS应用配置不当引发的数据暴露风险，并可触发自动化修复流程，助力企业保障数据安全。
ASLE vs VRNS — 直观对比
营收规模更大
VRNS
是对方的1.9倍
$90.9M
营收增速更快
VRNS
高出30.9%
-4.0%
自由现金流更多
VRNS
多$39.2M
$9.8M
两年增速更快
VRNS
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $173.1M |
| 净利润 | $5.4M | — |
| 毛利率 | 34.1% | 76.0% |
| 营业利润率 | 7.8% | -1.7% |
| 净利率 | 5.9% | — |
| 营收同比 | -4.0% | 26.9% |
| 净利润同比 | 99.7% | — |
| 每股收益（稀释后） | $0.10 | — |
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ASLEVRNS
| Q1 26 | — | $173.1M | ||
| Q4 25 | $90.9M | $173.4M | ||
| Q3 25 | $71.2M | $161.6M | ||
| Q2 25 | $107.4M | $152.2M | ||
| Q1 25 | $65.8M | $136.4M | ||
| Q4 24 | $94.7M | $158.5M | ||
| Q3 24 | $82.7M | $148.1M | ||
| Q2 24 | $77.1M | $130.3M |
净利润ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | $5.4M | $-27.8M | ||
| Q3 25 | $-120.0K | $-29.9M | ||
| Q2 25 | $8.6M | $-35.8M | ||
| Q1 25 | $-5.3M | $-35.8M | ||
| Q4 24 | $2.7M | $-13.0M | ||
| Q3 24 | $509.0K | $-18.3M | ||
| Q2 24 | $-3.6M | $-23.9M |
毛利率ASLEVRNS
| Q1 26 | — | 76.0% | ||
| Q4 25 | 34.1% | 78.9% | ||
| Q3 25 | 30.2% | 78.2% | ||
| Q2 25 | 32.9% | 79.5% | ||
| Q1 25 | 27.3% | 78.7% | ||
| Q4 24 | 31.4% | 83.6% | ||
| Q3 24 | 28.6% | 83.8% | ||
| Q2 24 | 28.2% | 82.8% |
营业利润率ASLEVRNS
| Q1 26 | — | -1.7% | ||
| Q4 25 | 7.8% | -17.5% | ||
| Q3 25 | 4.0% | -22.2% | ||
| Q2 25 | 11.7% | -24.0% | ||
| Q1 25 | -10.1% | -32.1% | ||
| Q4 24 | 5.2% | -11.1% | ||
| Q3 24 | 2.4% | -16.0% | ||
| Q2 24 | -2.4% | -22.1% |
净利率ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | -16.0% | ||
| Q3 25 | -0.2% | -18.5% | ||
| Q2 25 | 8.0% | -23.5% | ||
| Q1 25 | -8.0% | -26.2% | ||
| Q4 24 | 2.9% | -8.2% | ||
| Q3 24 | 0.6% | -12.4% | ||
| Q2 24 | -4.7% | -18.4% |
每股收益（稀释后）ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | $0.10 | $-0.23 | ||
| Q3 25 | $0.00 | $-0.26 | ||
| Q2 25 | $0.18 | $-0.32 | ||
| Q1 25 | $-0.10 | $-0.32 | ||
| Q4 24 | $0.05 | $-0.12 | ||
| Q3 24 | $0.01 | $-0.16 | ||
| Q2 24 | $-0.07 | $-0.21 |
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 | $4.4M | $179.3M |
| 总债务越低越好 | $1.3M | — |
| 股东权益账面价值 | $424.4M | $453.5M |
| 总资产 | $640.5M | $1.6B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资ASLEVRNS
| Q1 26 | — | $179.3M | ||
| Q4 25 | $4.4M | $883.7M | ||
| Q3 25 | $5.3M | $671.3M | ||
| Q2 25 | $5.7M | $770.9M | ||
| Q1 25 | $4.7M | $567.6M | ||
| Q4 24 | $4.7M | $529.0M | ||
| Q3 24 | $9.8M | $844.8M | ||
| Q2 24 | $4.3M | $582.5M |
总债务ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | $1.3M | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $907.0K | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $376.0K | — | ||
| Q2 24 | $522.0K | — |
股东权益ASLEVRNS
| Q1 26 | — | $453.5M | ||
| Q4 25 | $424.4M | $598.7M | ||
| Q3 25 | $417.1M | $604.8M | ||
| Q2 25 | $415.9M | $341.5M | ||
| Q1 25 | $406.5M | $367.7M | ||
| Q4 24 | $455.6M | $455.7M | ||
| Q3 24 | $451.5M | $428.6M | ||
| Q2 24 | $449.8M | $458.6M |
总资产ASLEVRNS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $640.5M | $1.8B | ||
| Q3 25 | $646.3M | $1.7B | ||
| Q2 25 | $646.7M | $1.6B | ||
| Q1 25 | $646.1M | $1.6B | ||
| Q4 24 | $604.7M | $1.7B | ||
| Q3 24 | $601.5M | $1.5B | ||
| Q2 24 | $598.7M | $1.1B |
负债/权益比ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — |
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 | $11.4M | $55.0M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $49.0M |
| 自由现金流率自由现金流/营收 | 10.8% | 28.3% |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | 2.11× | — |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $118.2M |
8季度趋势，按日历期对齐
经营现金流ASLEVRNS
| Q1 26 | — | $55.0M | ||
| Q4 25 | $11.4M | $24.7M | ||
| Q3 25 | $-8.9M | $33.4M | ||
| Q2 25 | $19.8M | $21.3M | ||
| Q1 25 | $-45.2M | $68.0M | ||
| Q4 24 | $37.5M | $24.3M | ||
| Q3 24 | $10.4M | $22.5M | ||
| Q2 24 | $-15.3M | $11.7M |
自由现金流ASLEVRNS
| Q1 26 | — | $49.0M | ||
| Q4 25 | $9.8M | $20.7M | ||
| Q3 25 | $-9.8M | $30.4M | ||
| Q2 25 | $18.6M | $18.0M | ||
| Q1 25 | $-47.6M | $65.7M | ||
| Q4 24 | $32.3M | $19.9M | ||
| Q3 24 | $8.9M | $21.3M | ||
| Q2 24 | $-18.9M | $10.9M |
自由现金流率ASLEVRNS
| Q1 26 | — | 28.3% | ||
| Q4 25 | 10.8% | 12.0% | ||
| Q3 25 | -13.8% | 18.8% | ||
| Q2 25 | 17.3% | 11.8% | ||
| Q1 25 | -72.4% | 48.1% | ||
| Q4 24 | 34.0% | 12.6% | ||
| Q3 24 | 10.7% | 14.4% | ||
| Q2 24 | -24.6% | 8.4% |
资本支出强度ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 2.3% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 1.1% | 2.2% | ||
| Q1 25 | 3.7% | 1.7% | ||
| Q4 24 | 5.6% | 2.7% | ||
| Q3 24 | 1.9% | 0.8% | ||
| Q2 24 | 4.7% | 0.6% |
现金转化率ASLEVRNS
| Q1 26 | — | — | ||
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | — | ||
| Q2 24 | — | — |
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
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
VRNS
| SaaS | $161.1M | 93% |
| Term license subscriptions | $6.9M | 4% |
| Maintenance and services | $5.2M | 3% |
