vs
波音（BA）与网飞（NFLX）财务数据对比。点击上方公司名可切换其他公司
波音的季度营收约是网飞的1.8倍（$22.2B vs $12.2B），网飞净利率更高（43.1% vs -0.0%，领先43.2%），网飞同比增速更快（16.2% vs 14.0%），网飞自由现金流更多（$5.1B vs $-1.5B），过去两年波音的营收复合增速更高（14.8% vs 13.2%）
波音公司是美国跨国航空航天企业，1916年成立，业务覆盖民用飞机、旋翼机、火箭、卫星、导弹的设计、制造与全球销售，同时提供租赁及产品配套支持服务。作为全球头部航空航天制造商，按2022年营收计为全球第四大国防承包商，也是美国按金额计算的最大出口企业。
网飞是来自美国的会员制点播流媒体服务平台，主要提供不同品类的原创及引进电影、电视剧内容，业务覆盖全球众多国家和地区，支持多语言服务，致力于为全球用户提供多元优质的视听娱乐体验。
BA vs NFLX — 直观对比
营收规模更大
BA
是对方的1.8倍
$12.2B
营收增速更快
NFLX
高出2.2%
14.0%
净利率更高
NFLX
高出43.2%
-0.0%
自由现金流更多
NFLX
多$6.5B
$-1.5B
两年增速更快
BA
近两年复合增速
13.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $22.2B | $12.2B |
| 净利润 | $-7.0M | $5.3B |
| 毛利率 | — | 51.9% |
| 营业利润率 | 2.0% | 32.3% |
| 净利率 | -0.0% | 43.1% |
| 营收同比 | 14.0% | 16.2% |
| 净利润同比 | 77.4% | 82.8% |
| 每股收益（稀释后） | $-0.11 | $1.23 |
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BANFLX
| Q1 26 | $22.2B | $12.2B | ||
| Q4 25 | $23.9B | $12.1B | ||
| Q3 25 | $23.3B | $11.5B | ||
| Q2 25 | $22.7B | $11.1B | ||
| Q1 25 | $19.5B | $10.5B | ||
| Q4 24 | $15.2B | $10.2B | ||
| Q3 24 | $17.8B | $9.8B | ||
| Q2 24 | $16.9B | $9.6B |
净利润BANFLX
| Q1 26 | $-7.0M | $5.3B | ||
| Q4 25 | $8.2B | $2.4B | ||
| Q3 25 | $-5.3B | $2.5B | ||
| Q2 25 | $-611.0M | $3.1B | ||
| Q1 25 | $-37.0M | $2.9B | ||
| Q4 24 | $-3.9B | $1.9B | ||
| Q3 24 | $-6.2B | $2.4B | ||
| Q2 24 | $-1.4B | $2.1B |
毛利率BANFLX
| Q1 26 | — | 51.9% | ||
| Q4 25 | 7.6% | 45.9% | ||
| Q3 25 | -10.2% | 46.4% | ||
| Q2 25 | 10.7% | 51.9% | ||
| Q1 25 | 12.4% | 50.1% | ||
| Q4 24 | -10.4% | 43.7% | ||
| Q3 24 | -19.7% | 47.9% | ||
| Q2 24 | 7.3% | 45.9% |
营业利润率BANFLX
| Q1 26 | 2.0% | 32.3% | ||
| Q4 25 | 36.7% | 24.5% | ||
| Q3 25 | -20.5% | 28.2% | ||
| Q2 25 | -0.8% | 34.1% | ||
| Q1 25 | 2.4% | 31.7% | ||
| Q4 24 | -24.7% | 22.2% | ||
| Q3 24 | -32.3% | 29.6% | ||
| Q2 24 | -6.5% | 27.2% |
净利率BANFLX
| Q1 26 | -0.0% | 43.1% | ||
| Q4 25 | 34.3% | 20.1% | ||
| Q3 25 | -22.9% | 22.1% | ||
| Q2 25 | -2.7% | 28.2% | ||
| Q1 25 | -0.2% | 27.4% | ||
| Q4 24 | -25.4% | 18.2% | ||
| Q3 24 | -34.6% | 24.1% | ||
| Q2 24 | -8.5% | 22.5% |
每股收益（稀释后）BANFLX
| Q1 26 | $-0.11 | $1.23 | ||
| Q4 25 | $10.70 | $-17.14 | ||
| Q3 25 | $-7.14 | $5.87 | ||
| Q2 25 | $-0.92 | $7.19 | ||
| Q1 25 | $-0.16 | $0.66 | ||
| Q4 24 | $-5.50 | $4.27 | ||
| Q3 24 | $-9.97 | $5.40 | ||
| Q2 24 | $-2.33 | $4.88 |
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 | $9.4B | $12.3B |
| 总债务越低越好 | $44.4B | $13.4B |
| 股东权益账面价值 | $6.0B | $31.1B |
| 总资产 | $164.8B | $61.0B |
| 负债/权益比越低杠杆越低 | 7.41× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资BANFLX
| Q1 26 | $9.4B | $12.3B | ||
| Q4 25 | $29.4B | $9.1B | ||
| Q3 25 | $23.0B | $9.3B | ||
| Q2 25 | $23.0B | $8.4B | ||
| Q1 25 | $23.7B | $8.4B | ||
| Q4 24 | $26.3B | $9.6B | ||
| Q3 24 | $10.5B | $9.2B | ||
| Q2 24 | $12.6B | $6.7B |
总债务BANFLX
| Q1 26 | $44.4B | $13.4B | ||
| Q4 25 | $45.6B | $13.5B | ||
| Q3 25 | $44.6B | $14.5B | ||
| Q2 25 | $44.6B | $14.5B | ||
| Q1 25 | $45.7B | $14.0B | ||
| Q4 24 | $52.6B | $13.8B | ||
| Q3 24 | $53.2B | $14.2B | ||
| Q2 24 | $53.2B | $12.2B |
股东权益BANFLX
| Q1 26 | $6.0B | $31.1B | ||
| Q4 25 | $5.5B | $26.6B | ||
| Q3 25 | $-8.3B | $26.0B | ||
| Q2 25 | $-3.3B | $25.0B | ||
| Q1 25 | $-3.3B | $24.0B | ||
| Q4 24 | $-3.9B | $24.7B | ||
| Q3 24 | $-23.6B | $22.7B | ||
| Q2 24 | $-18.0B | $22.1B |
总资产BANFLX
| Q1 26 | $164.8B | $61.0B | ||
| Q4 25 | $168.2B | $55.6B | ||
| Q3 25 | $150.0B | $54.9B | ||
| Q2 25 | $155.1B | $53.1B | ||
| Q1 25 | $156.5B | $52.1B | ||
| Q4 24 | $156.4B | $53.6B | ||
| Q3 24 | $137.7B | $52.3B | ||
| Q2 24 | $142.7B | $49.1B |
负债/权益比BANFLX
| Q1 26 | 7.41× | 0.43× | ||
| Q4 25 | 8.37× | 0.51× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | 0.62× | ||
| Q2 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 | — | $5.3B |
| 自由现金流经营现金流 - 资本支出 | $-1.5B | $5.1B |
| 自由现金流率自由现金流/营收 | -6.5% | 41.6% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | — | 1.00× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $11.9B |
8季度趋势，按日历期对齐
经营现金流BANFLX
| Q1 26 | — | $5.3B | ||
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.1B | $2.8B | ||
| Q2 25 | $227.0M | $2.4B | ||
| Q1 25 | $-1.6B | $2.8B | ||
| Q4 24 | $-3.5B | $1.5B | ||
| Q3 24 | $-1.3B | $2.3B | ||
| Q2 24 | $-3.9B | $1.3B |
自由现金流BANFLX
| Q1 26 | $-1.5B | $5.1B | ||
| Q4 25 | $375.0M | $1.9B | ||
| Q3 25 | $238.0M | $2.7B | ||
| Q2 25 | $-200.0M | $2.3B | ||
| Q1 25 | $-2.3B | $2.7B | ||
| Q4 24 | $-4.1B | $1.4B | ||
| Q3 24 | $-2.0B | $2.2B | ||
| Q2 24 | $-4.3B | $1.2B |
自由现金流率BANFLX
| Q1 26 | -6.5% | 41.6% | ||
| Q4 25 | 1.6% | 15.5% | ||
| Q3 25 | 1.0% | 23.1% | ||
| Q2 25 | -0.9% | 20.5% | ||
| Q1 25 | -11.7% | 25.2% | ||
| Q4 24 | -26.9% | 13.5% | ||
| Q3 24 | -11.0% | 22.3% | ||
| Q2 24 | -25.7% | 12.7% |
资本支出强度BANFLX
| Q1 26 | — | 1.6% | ||
| Q4 25 | 4.0% | 2.0% | ||
| Q3 25 | 3.8% | 1.4% | ||
| Q2 25 | 1.9% | 1.4% | ||
| Q1 25 | 3.5% | 1.2% | ||
| Q4 24 | 4.3% | 1.5% | ||
| Q3 24 | 3.4% | 1.3% | ||
| Q2 24 | 2.4% | 0.8% |
现金转化率BANFLX
| Q1 26 | — | 1.00× | ||
| Q4 25 | 0.16× | 0.87× | ||
| Q3 25 | — | 1.11× | ||
| Q2 25 | — | 0.78× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 0.82× | ||
| Q3 24 | — | 0.98× | ||
| Q2 24 | — | 0.60× |
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
BA
| Commercial Airplanes | $9.2B | 41% |
| Defense, Space & Security | $7.6B | 34% |
| Global Services | $5.4B | 24% |
NFLX
暂无分部数据
