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POPULAR, INC.（BPOP）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
POPULAR, INC.的季度营收约是Cloudflare, Inc.的1.4倍（$835.8M vs $614.5M），POPULAR, INC.净利率更高（29.4% vs -2.0%，领先31.4%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 25.1%）
Popular Inc.是波多黎各最大的金融服务集团，创立于1893年，总部位于首府圣胡安哈托雷伊商务区的黄金英里金融区。集团提供全方位金融服务，在波多黎各、美属及英属维尔京群岛以Banco Popular品牌运营，美国本土则使用Popular Bank品牌。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
BPOP vs NET — 直观对比
营收规模更大
BPOP
是对方的1.4倍
$614.5M
净利率更高
BPOP
高出31.4%
-2.0%
两年增速更快
NET
近两年复合增速
25.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $835.8M | $614.5M |
| 净利润 | $245.7M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 44.1% | -8.0% |
| 净利率 | 29.4% | -2.0% |
| 营收同比 | — | 33.6% |
| 净利润同比 | 38.4% | 6.0% |
| 每股收益（稀释后） | $3.78 | $-0.03 |
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BPOPNET
| Q1 26 | $835.8M | — | ||
| Q4 25 | $657.6M | $614.5M | ||
| Q3 25 | $646.5M | $562.0M | ||
| Q2 25 | $631.5M | $512.3M | ||
| Q1 25 | — | $479.1M | ||
| Q4 24 | $590.8M | $459.9M | ||
| Q3 24 | $572.5M | $430.1M | ||
| Q2 24 | $568.3M | $401.0M |
净利润BPOPNET
| Q1 26 | $245.7M | — | ||
| Q4 25 | $233.9M | $-12.1M | ||
| Q3 25 | $211.3M | $-1.3M | ||
| Q2 25 | $210.4M | $-50.4M | ||
| Q1 25 | — | $-38.5M | ||
| Q4 24 | $177.8M | $-12.8M | ||
| Q3 24 | $155.3M | $-15.3M | ||
| Q2 24 | $177.8M | $-15.1M |
毛利率BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% |
营业利润率BPOPNET
| Q1 26 | 44.1% | — | ||
| Q4 25 | 42.4% | -8.0% | ||
| Q3 25 | 38.2% | -6.7% | ||
| Q2 25 | 40.9% | -13.1% | ||
| Q1 25 | — | -11.1% | ||
| Q4 24 | 37.5% | -7.5% | ||
| Q3 24 | 34.5% | -7.2% | ||
| Q2 24 | 38.4% | -8.7% |
净利率BPOPNET
| Q1 26 | 29.4% | — | ||
| Q4 25 | 35.6% | -2.0% | ||
| Q3 25 | 32.7% | -0.2% | ||
| Q2 25 | 33.3% | -9.8% | ||
| Q1 25 | — | -8.0% | ||
| Q4 24 | 30.1% | -2.8% | ||
| Q3 24 | 27.1% | -3.6% | ||
| Q2 24 | 31.3% | -3.8% |
每股收益（稀释后）BPOPNET
| Q1 26 | $3.78 | — | ||
| Q4 25 | $3.51 | $-0.03 | ||
| Q3 25 | $3.14 | $0.00 | ||
| Q2 25 | $3.09 | $-0.15 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | $2.51 | $-0.05 | ||
| Q3 24 | $2.16 | $-0.04 | ||
| Q2 24 | $2.46 | $-0.04 |
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 | — | $943.5M |
| 总债务越低越好 | $17.6M | — |
| 股东权益账面价值 | $6.3B | $1.5B |
| 总资产 | $76.1B | $6.0B |
| 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BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | — | $943.5M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $204.5M | ||
| Q4 24 | — | $147.7M | ||
| Q3 24 | — | $182.9M | ||
| Q2 24 | — | $157.0M |
总债务BPOPNET
| Q1 26 | $17.6M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BPOPNET
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.2B | $1.5B | ||
| Q3 25 | $6.1B | $1.3B | ||
| Q2 25 | $6.0B | $1.2B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $5.6B | $1.0B | ||
| Q3 24 | $5.8B | $973.1M | ||
| Q2 24 | $5.4B | $881.5M |
总资产BPOPNET
| Q1 26 | $76.1B | — | ||
| Q4 25 | $75.3B | $6.0B | ||
| Q3 25 | $75.1B | $5.8B | ||
| Q2 25 | $76.1B | $5.6B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $73.0B | $3.3B | ||
| Q3 24 | $71.3B | $3.1B | ||
| Q2 24 | $72.8B | $2.9B |
负债/权益比BPOPNET
| Q1 26 | 0.00× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $190.4M |
| 自由现金流经营现金流 - 资本支出 | — | $105.2M |
| 自由现金流率自由现金流/营收 | — | 17.1% |
| 资本支出强度资本支出/营收 | — | 13.9% |
| 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 | — | $287.5M |
8季度趋势，按日历期对齐
经营现金流BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | $268.5M | $190.4M | ||
| Q3 25 | $195.0M | $167.1M | ||
| Q2 25 | $242.9M | $99.8M | ||
| Q1 25 | — | $145.8M | ||
| Q4 24 | $199.5M | $127.3M | ||
| Q3 24 | $233.2M | $104.7M | ||
| Q2 24 | $80.4M | $74.8M |
自由现金流BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | $221.1M | $105.2M | ||
| Q3 25 | $141.1M | $82.5M | ||
| Q2 25 | $198.3M | $39.9M | ||
| Q1 25 | — | $59.9M | ||
| Q4 24 | $139.2M | $54.2M | ||
| Q3 24 | $175.6M | $54.5M | ||
| Q2 24 | $38.9M | $45.2M |
自由现金流率BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | 33.6% | 17.1% | ||
| Q3 25 | 21.8% | 14.7% | ||
| Q2 25 | 31.4% | 7.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | 23.6% | 11.8% | ||
| Q3 24 | 30.7% | 12.7% | ||
| Q2 24 | 6.8% | 11.3% |
资本支出强度BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | 7.2% | 13.9% | ||
| Q3 25 | 8.3% | 15.1% | ||
| Q2 25 | 7.1% | 11.7% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | 10.2% | 15.9% | ||
| Q3 24 | 10.1% | 11.7% | ||
| Q2 24 | 7.3% | 7.4% |
现金转化率BPOPNET
| Q1 26 | — | — | ||
| Q4 25 | 1.15× | — | ||
| Q3 25 | 0.92× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.12× | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | 0.45× | — |
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
BPOP
| Net Interest Income | $670.2M | 80% |
| Noninterest Income | $165.6M | 20% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
