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Astrana Health, Inc.（ASTH）与Pure Storage, Inc.（PSTG）财务数据对比。点击上方公司名可切换其他公司
Pure Storage, Inc.的季度营收约是Astrana Health, Inc.的1.0倍（$964.5M vs $950.5M），Pure Storage, Inc.净利率更高（5.7% vs 0.7%，领先5.0%），Astrana Health, Inc.同比增速更快（42.9% vs 16.0%），Pure Storage, Inc.自由现金流更多（$52.6M vs $-6.0M），过去两年Astrana Health, Inc.的营收复合增速更高（53.3% vs 10.5%）
Astrana Health是一家总部位于美国的价值导向型医疗服务提供商，主要服务全美符合联邦医保资格的老年群体，提供上门初级护理、慢性病管理及护理协调服务，致力于提升患者健康水平、降低不必要的医疗支出。
Pure Storage是美国上市科技企业，总部位于加利福尼亚州圣克拉拉，成立于2009年，2011年正式推出自研全闪存数据存储软硬件产品，2015年上市前累计获得超4.7亿美元风险投资，营收长期保持高速增长态势。
ASTH vs PSTG — 直观对比
营收规模更大
PSTG
是对方的1.0倍
$950.5M
营收增速更快
ASTH
高出26.8%
16.0%
净利率更高
PSTG
高出5.0%
0.7%
自由现金流更多
PSTG
多$58.5M
$-6.0M
两年增速更快
ASTH
近两年复合增速
10.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $950.5M | $964.5M |
| 净利润 | $6.6M | $54.8M |
| 毛利率 | — | 72.3% |
| 营业利润率 | 1.9% | 5.6% |
| 净利率 | 0.7% | 5.7% |
| 营收同比 | 42.9% | 16.0% |
| 净利润同比 | 184.4% | -13.9% |
| 每股收益（稀释后） | $0.12 | $0.16 |
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ASTHPSTG
| Q4 25 | $950.5M | $964.5M | ||
| Q3 25 | $956.0M | $861.0M | ||
| Q2 25 | $654.8M | $778.5M | ||
| Q1 25 | $620.4M | $879.8M | ||
| Q4 24 | $665.2M | $831.1M | ||
| Q3 24 | $478.7M | $763.8M | ||
| Q2 24 | $486.3M | $693.5M | ||
| Q1 24 | $404.4M | $789.8M |
净利润ASTHPSTG
| Q4 25 | $6.6M | $54.8M | ||
| Q3 25 | $373.0K | $47.1M | ||
| Q2 25 | $9.4M | $-14.0M | ||
| Q1 25 | $6.7M | $42.4M | ||
| Q4 24 | $-7.8M | $63.6M | ||
| Q3 24 | $16.1M | $35.7M | ||
| Q2 24 | $19.2M | $-35.0M | ||
| Q1 24 | $14.8M | $65.4M |
毛利率ASTHPSTG
| Q4 25 | — | 72.3% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 68.9% | ||
| Q1 25 | — | 67.5% | ||
| Q4 24 | — | 70.1% | ||
| Q3 24 | — | 70.7% | ||
| Q2 24 | — | 71.5% | ||
| Q1 24 | — | 72.0% |
营业利润率ASTHPSTG
| Q4 25 | 1.9% | 5.6% | ||
| Q3 25 | 2.0% | 0.6% | ||
| Q2 25 | 3.1% | -4.0% | ||
| Q1 25 | 3.3% | 4.8% | ||
| Q4 24 | 0.1% | 7.2% | ||
| Q3 24 | 5.9% | 3.3% | ||
| Q2 24 | 6.2% | -6.0% | ||
| Q1 24 | 7.5% | 7.3% |
净利率ASTHPSTG
| Q4 25 | 0.7% | 5.7% | ||
| Q3 25 | 0.0% | 5.5% | ||
| Q2 25 | 1.4% | -1.8% | ||
| Q1 25 | 1.1% | 4.8% | ||
| Q4 24 | -1.2% | 7.7% | ||
| Q3 24 | 3.4% | 4.7% | ||
| Q2 24 | 3.9% | -5.0% | ||
| Q1 24 | 3.7% | 8.3% |
每股收益（稀释后）ASTHPSTG
| Q4 25 | $0.12 | $0.16 | ||
| Q3 25 | $0.01 | $0.14 | ||
| Q2 25 | $0.19 | $-0.04 | ||
| Q1 25 | $0.14 | $0.13 | ||
| Q4 24 | $-0.14 | $0.19 | ||
| Q3 24 | $0.33 | $0.10 | ||
| Q2 24 | $0.40 | $-0.11 | ||
| Q1 24 | $0.31 | $0.22 |
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 | $429.5M | $852.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $779.3M | $1.4B |
| 总资产 | $2.2B | $4.2B |
| 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ASTHPSTG
| Q4 25 | $429.5M | $852.8M | ||
| Q3 25 | $463.4M | $887.8M | ||
| Q2 25 | $342.1M | $739.3M | ||
| Q1 25 | $260.9M | $723.6M | ||
| Q4 24 | $290.8M | $894.6M | ||
| Q3 24 | $350.3M | $965.0M | ||
| Q2 24 | $327.7M | $900.6M | ||
| Q1 24 | $337.3M | $702.5M |
股东权益ASTHPSTG
| Q4 25 | $779.3M | $1.4B | ||
| Q3 25 | $775.5M | $1.3B | ||
| Q2 25 | $765.5M | $1.2B | ||
| Q1 25 | $745.4M | $1.3B | ||
| Q4 24 | $712.7M | $1.4B | ||
| Q3 24 | $704.6M | $1.5B | ||
| Q2 24 | $678.9M | $1.4B | ||
| Q1 24 | $653.5M | $1.3B |
总资产ASTHPSTG
| Q4 25 | $2.2B | $4.2B | ||
| Q3 25 | $2.2B | $4.0B | ||
| Q2 25 | $1.4B | $3.8B | ||
| Q1 25 | $1.3B | $4.0B | ||
| Q4 24 | $1.4B | $3.9B | ||
| Q3 24 | $1.3B | $3.8B | ||
| Q2 24 | $1.3B | $3.6B | ||
| Q1 24 | $1.2B | $3.7B |
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 | $-2.9M | $116.0M |
| 自由现金流经营现金流 - 资本支出 | $-6.0M | $52.6M |
| 自由现金流率自由现金流/营收 | -0.6% | 5.5% |
| 资本支出强度资本支出/营收 | 0.3% | 6.6% |
| 现金转化率经营现金流/净利润 | -0.44× | 2.12× |
| 过去12个月自由现金流最近4个季度 | $104.5M | $566.7M |
8季度趋势，按日历期对齐
经营现金流ASTHPSTG
| Q4 25 | $-2.9M | $116.0M | ||
| Q3 25 | $10.0M | $212.2M | ||
| Q2 25 | $90.9M | $283.9M | ||
| Q1 25 | $16.6M | $208.5M | ||
| Q4 24 | $-10.9M | $97.0M | ||
| Q3 24 | $34.0M | $226.6M | ||
| Q2 24 | $23.2M | $221.5M | ||
| Q1 24 | $6.0M | $244.4M |
自由现金流ASTHPSTG
| Q4 25 | $-6.0M | $52.6M | ||
| Q3 25 | $7.4M | $150.1M | ||
| Q2 25 | $89.5M | $211.6M | ||
| Q1 25 | $13.6M | $152.4M | ||
| Q4 24 | $-13.5M | $35.2M | ||
| Q3 24 | $31.7M | $166.6M | ||
| Q2 24 | $20.4M | $172.7M | ||
| Q1 24 | $5.6M | $200.9M |
自由现金流率ASTHPSTG
| Q4 25 | -0.6% | 5.5% | ||
| Q3 25 | 0.8% | 17.4% | ||
| Q2 25 | 13.7% | 27.2% | ||
| Q1 25 | 2.2% | 17.3% | ||
| Q4 24 | -2.0% | 4.2% | ||
| Q3 24 | 6.6% | 21.8% | ||
| Q2 24 | 4.2% | 24.9% | ||
| Q1 24 | 1.4% | 25.4% |
资本支出强度ASTHPSTG
| Q4 25 | 0.3% | 6.6% | ||
| Q3 25 | 0.3% | 7.2% | ||
| Q2 25 | 0.2% | 9.3% | ||
| Q1 25 | 0.5% | 6.4% | ||
| Q4 24 | 0.4% | 7.4% | ||
| Q3 24 | 0.5% | 7.9% | ||
| Q2 24 | 0.6% | 7.0% | ||
| Q1 24 | 0.1% | 5.5% |
现金转化率ASTHPSTG
| Q4 25 | -0.44× | 2.12× | ||
| Q3 25 | 26.69× | 4.50× | ||
| Q2 25 | 9.65× | — | ||
| Q1 25 | 2.48× | 4.91× | ||
| Q4 24 | — | 1.52× | ||
| Q3 24 | 2.11× | 6.35× | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 0.40× | 3.74× |
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
ASTH
| Medicare | $542.4M | 57% |
| Commercial | $99.1M | 10% |
| Care Delivery | $92.1M | 10% |
| Care Enablement | $78.9M | 8% |
| Other Third Parties | $58.0M | 6% |
| Health Care Patient Service | $39.8M | 4% |
| Health Care Other | $25.5M | 3% |
| Other | $12.1M | 1% |
| Management Service | $10.3M | 1% |
PSTG
| US | $683.2M | 71% |
| Non Us | $281.3M | 29% |
