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AeroVironment Inc（AVAV）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
AeroVironment Inc的季度营收约是Elastic N.V.的1.1倍（$472.5M vs $423.5M），AeroVironment Inc净利率更高（-3.6% vs -12.1%，领先8.5%），AeroVironment Inc同比增速更快（181.9% vs 15.9%），Elastic N.V.自由现金流更多（$26.0M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 13.6%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
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。
AVAV vs ESTC — 直观对比
营收规模更大
AVAV
是对方的1.1倍
$423.5M
营收增速更快
AVAV
高出166.0%
15.9%
净利率更高
AVAV
高出8.5%
-12.1%
自由现金流更多
ESTC
多$81.9M
$-55.9M
两年增速更快
AVAV
近两年复合增速
13.6%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $423.5M |
| 净利润 | $-17.1M | $-51.3M |
| 毛利率 | 22.0% | 75.9% |
| 营业利润率 | -6.4% | -1.9% |
| 净利率 | -3.6% | -12.1% |
| 营收同比 | 181.9% | 15.9% |
| 净利润同比 | -875.1% | -101.5% |
| 每股收益（稀释后） | $-0.34 | $-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AVAVESTC
| Q4 25 | $472.5M | $423.5M | ||
| Q3 25 | $454.7M | $415.3M | ||
| Q2 25 | $275.1M | $388.4M | ||
| Q1 25 | $167.6M | $382.1M | ||
| Q4 24 | $188.5M | $365.4M | ||
| Q3 24 | $189.5M | $347.4M | ||
| Q2 24 | $197.0M | $335.0M | ||
| Q1 24 | $186.6M | $328.0M |
净利润AVAVESTC
| Q4 25 | $-17.1M | $-51.3M | ||
| Q3 25 | $-67.4M | $-24.6M | ||
| Q2 25 | $16.7M | $-16.4M | ||
| Q1 25 | $-1.8M | $-17.1M | ||
| Q4 24 | $7.5M | $-25.4M | ||
| Q3 24 | $21.2M | $-49.2M | ||
| Q2 24 | $6.0M | $-41.1M | ||
| Q1 24 | $13.9M | $176.1M |
毛利率AVAVESTC
| Q4 25 | 22.0% | 75.9% | ||
| Q3 25 | 20.9% | 76.7% | ||
| Q2 25 | 36.5% | 74.8% | ||
| Q1 25 | 37.7% | 74.6% | ||
| Q4 24 | 39.1% | 74.5% | ||
| Q3 24 | 43.0% | 73.6% | ||
| Q2 24 | 38.4% | 73.8% | ||
| Q1 24 | 36.1% | 74.2% |
营业利润率AVAVESTC
| Q4 25 | -6.4% | -1.9% | ||
| Q3 25 | -15.2% | -2.3% | ||
| Q2 25 | 5.0% | -3.1% | ||
| Q1 25 | -1.8% | -1.2% | ||
| Q4 24 | 3.7% | -1.2% | ||
| Q3 24 | 12.2% | -9.7% | ||
| Q2 24 | 3.0% | -13.6% | ||
| Q1 24 | 7.7% | -8.1% |
净利率AVAVESTC
| Q4 25 | -3.6% | -12.1% | ||
| Q3 25 | -14.8% | -5.9% | ||
| Q2 25 | 6.1% | -4.2% | ||
| Q1 25 | -1.0% | -4.5% | ||
| Q4 24 | 4.0% | -7.0% | ||
| Q3 24 | 11.2% | -14.2% | ||
| Q2 24 | 3.1% | -12.3% | ||
| Q1 24 | 7.4% | 53.7% |
每股收益（稀释后）AVAVESTC
| Q4 25 | $-0.34 | $-0.48 | ||
| Q3 25 | $-1.44 | $-0.23 | ||
| Q2 25 | $0.59 | $-0.15 | ||
| Q1 25 | $-0.06 | $-0.16 | ||
| Q4 24 | $0.27 | $-0.25 | ||
| Q3 24 | $0.75 | $-0.48 | ||
| Q2 24 | $0.18 | $-0.35 | ||
| Q1 24 | $0.50 | $1.69 |
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 | $588.5M | $1.4B |
| 总债务越低越好 | $747.5M | $570.3M |
| 股东权益账面价值 | $4.4B | $891.1M |
| 总资产 | $5.6B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资AVAVESTC
| Q4 25 | $588.5M | $1.4B | ||
| Q3 25 | $685.8M | $1.5B | ||
| Q2 25 | $40.9M | $1.4B | ||
| Q1 25 | $47.0M | $584.0M | ||
| Q4 24 | $69.0M | $658.5M | ||
| Q3 24 | $81.2M | $594.9M | ||
| Q2 24 | $73.3M | $1.1B | ||
| Q1 24 | $107.7M | $526.9M |
总债务AVAVESTC
| Q4 25 | $747.5M | $570.3M | ||
| Q3 25 | $747.5M | $570.0M | ||
| Q2 25 | $30.0M | $569.7M | ||
| Q1 25 | $25.0M | $569.4M | ||
| Q4 24 | $15.0M | $569.2M | ||
| Q3 24 | $17.5M | $568.9M | ||
| Q2 24 | $28.0M | $568.6M | ||
| Q1 24 | $40.0M | $568.3M |
股东权益AVAVESTC
| Q4 25 | $4.4B | $891.1M | ||
| Q3 25 | $4.4B | $971.4M | ||
| Q2 25 | $886.5M | $927.2M | ||
| Q1 25 | $861.1M | $859.1M | ||
| Q4 24 | $858.4M | $811.5M | ||
| Q3 24 | $845.5M | $759.4M | ||
| Q2 24 | $822.7M | $738.2M | ||
| Q1 24 | $813.0M | $707.8M |
总资产AVAVESTC
| Q4 25 | $5.6B | $2.5B | ||
| Q3 25 | $5.6B | $2.5B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.0B | $2.3B | ||
| Q4 24 | $1.0B | $2.2B | ||
| Q3 24 | $999.2M | $2.2B | ||
| Q2 24 | $1.0B | $2.2B | ||
| Q1 24 | $980.3M | $2.1B |
负债/权益比AVAVESTC
| Q4 25 | 0.17× | 0.64× | ||
| Q3 25 | 0.17× | 0.59× | ||
| Q2 25 | 0.03× | 0.61× | ||
| Q1 25 | 0.03× | 0.66× | ||
| Q4 24 | 0.02× | 0.70× | ||
| Q3 24 | 0.02× | 0.75× | ||
| Q2 24 | 0.03× | 0.77× | ||
| Q1 24 | 0.05× | 0.80× |
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 | $-45.1M | $26.6M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $26.0M |
| 自由现金流率自由现金流/营收 | -11.8% | 6.1% |
| 资本支出强度资本支出/营收 | 2.3% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $302.3M |
8季度趋势，按日历期对齐
经营现金流AVAVESTC
| Q4 25 | $-45.1M | $26.6M | ||
| Q3 25 | $-123.7M | $104.8M | ||
| Q2 25 | $-264.0K | $87.0M | ||
| Q1 25 | $-25.8M | $88.1M | ||
| Q4 24 | $-3.6M | $38.4M | ||
| Q3 24 | $28.4M | $52.8M | ||
| Q2 24 | $-11.7M | $60.9M | ||
| Q1 24 | $52.6M | $52.4M |
自由现金流AVAVESTC
| Q4 25 | $-55.9M | $26.0M | ||
| Q3 25 | $-146.5M | $104.2M | ||
| Q2 25 | $-8.8M | $84.9M | ||
| Q1 25 | $-29.6M | $87.3M | ||
| Q4 24 | $-8.7M | $37.7M | ||
| Q3 24 | $22.9M | $52.0M | ||
| Q2 24 | $-20.8M | $60.1M | ||
| Q1 24 | $48.8M | $51.3M |
自由现金流率AVAVESTC
| Q4 25 | -11.8% | 6.1% | ||
| Q3 25 | -32.2% | 25.1% | ||
| Q2 25 | -3.2% | 21.8% | ||
| Q1 25 | -17.7% | 22.8% | ||
| Q4 24 | -4.6% | 10.3% | ||
| Q3 24 | 12.1% | 15.0% | ||
| Q2 24 | -10.5% | 17.9% | ||
| Q1 24 | 26.1% | 15.6% |
资本支出强度AVAVESTC
| Q4 25 | 2.3% | 0.1% | ||
| Q3 25 | 5.0% | 0.2% | ||
| Q2 25 | 3.1% | 0.5% | ||
| Q1 25 | 2.3% | 0.2% | ||
| Q4 24 | 2.7% | 0.2% | ||
| Q3 24 | 2.9% | 0.2% | ||
| Q2 24 | 4.6% | 0.3% | ||
| Q1 24 | 2.0% | 0.3% |
现金转化率AVAVESTC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -1.93× | — | ||
| Q1 24 | 3.79× | 0.30× |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
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% |
