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Cable One, Inc.（CABO）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是Cable One, Inc.的1.7倍（$614.5M vs $363.7M），Cloudflare, Inc.同比增速更快（33.6% vs -6.1%），Cloudflare, Inc.自由现金流更多（$105.2M vs $71.6M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -5.2%）
Cable One, Inc.是美国一家宽带通信服务商，以Sparklight为品牌面向美国24个州的110万个人及商业客户提供有线电视、互联网与电话服务。该公司还拥有Fidelity Communications品牌，在阿肯色、路易斯安那、密苏里、俄克拉荷马与德克萨斯提供同类通信服务，其总部坐落于亚利桑那州凤凰城。
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。
CABO vs NET — 直观对比
营收规模更大
NET
是对方的1.7倍
$363.7M
营收增速更快
NET
高出39.7%
-6.1%
自由现金流更多
NET
多$33.7M
$71.6M
两年增速更快
NET
近两年复合增速
-5.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $363.7M | $614.5M |
| 净利润 | — | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 25.2% | -8.0% |
| 净利率 | — | -2.0% |
| 营收同比 | -6.1% | 33.6% |
| 净利润同比 | — | 6.0% |
| 每股收益（稀释后） | $-0.49 | $-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CABONET
| Q4 25 | $363.7M | $614.5M | ||
| Q3 25 | $376.0M | $562.0M | ||
| Q2 25 | $381.1M | $512.3M | ||
| Q1 25 | $380.6M | $479.1M | ||
| Q4 24 | $387.2M | $459.9M | ||
| Q3 24 | $393.6M | $430.1M | ||
| Q2 24 | $394.5M | $401.0M | ||
| Q1 24 | $404.3M | $378.6M |
净利润CABONET
| Q4 25 | — | $-12.1M | ||
| Q3 25 | $86.5M | $-1.3M | ||
| Q2 25 | $-438.0M | $-50.4M | ||
| Q1 25 | $2.6M | $-38.5M | ||
| Q4 24 | — | $-12.8M | ||
| Q3 24 | $44.2M | $-15.3M | ||
| Q2 24 | $38.2M | $-15.1M | ||
| Q1 24 | $37.4M | $-35.5M |
毛利率CABONET
| 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% | ||
| Q1 24 | — | 77.5% |
营业利润率CABONET
| Q4 25 | 25.2% | -8.0% | ||
| Q3 25 | 25.2% | -6.7% | ||
| Q2 25 | -128.4% | -13.1% | ||
| Q1 25 | 25.1% | -11.1% | ||
| Q4 24 | 26.2% | -7.5% | ||
| Q3 24 | 28.0% | -7.2% | ||
| Q2 24 | 27.9% | -8.7% | ||
| Q1 24 | 29.6% | -14.4% |
净利率CABONET
| Q4 25 | — | -2.0% | ||
| Q3 25 | 23.0% | -0.2% | ||
| Q2 25 | -114.9% | -9.8% | ||
| Q1 25 | 0.7% | -8.0% | ||
| Q4 24 | — | -2.8% | ||
| Q3 24 | 11.2% | -3.6% | ||
| Q2 24 | 9.7% | -3.8% | ||
| Q1 24 | 9.2% | -9.4% |
每股收益（稀释后）CABONET
| Q4 25 | $-0.49 | $-0.03 | ||
| Q3 25 | $14.52 | $0.00 | ||
| Q2 25 | $-77.70 | $-0.15 | ||
| Q1 25 | $0.46 | $-0.11 | ||
| Q4 24 | $-18.05 | $-0.05 | ||
| Q3 24 | $7.58 | $-0.04 | ||
| Q2 24 | $6.58 | $-0.04 | ||
| Q1 24 | $6.46 | $-0.10 |
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 | $152.8M | $943.5M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $1.4B | $1.5B |
| 总资产 | $5.6B | $6.0B |
| 负债/权益比越低杠杆越低 | 1.81× | — |
8季度趋势，按日历期对齐
现金及短期投资CABONET
| Q4 25 | $152.8M | $943.5M | ||
| Q3 25 | $166.6M | $1.1B | ||
| Q2 25 | $152.9M | $1.5B | ||
| Q1 25 | $149.1M | $204.5M | ||
| Q4 24 | $153.6M | $147.7M | ||
| Q3 24 | $226.6M | $182.9M | ||
| Q2 24 | $201.5M | $157.0M | ||
| Q1 24 | $210.7M | $254.4M |
总债务CABONET
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | $3.6B | — |
股东权益CABONET
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.8B | $1.0B | ||
| Q3 24 | $1.9B | $973.1M | ||
| Q2 24 | $1.9B | $881.5M | ||
| Q1 24 | $1.9B | $797.2M |
总资产CABONET
| Q4 25 | $5.6B | $6.0B | ||
| Q3 25 | $5.7B | $5.8B | ||
| Q2 25 | $5.8B | $5.6B | ||
| Q1 25 | $6.4B | $3.7B | ||
| Q4 24 | $6.5B | $3.3B | ||
| Q3 24 | $6.7B | $3.1B | ||
| Q2 24 | $6.7B | $2.9B | ||
| Q1 24 | $6.7B | $2.8B |
负债/权益比CABONET
| Q4 25 | 1.81× | — | ||
| Q3 25 | 1.88× | — | ||
| Q2 25 | 2.16× | — | ||
| Q1 25 | 1.66× | — | ||
| Q4 24 | 1.99× | — | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 1.93× | — |
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 | $145.5M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $71.6M | $105.2M |
| 自由现金流率自由现金流/营收 | 19.7% | 17.1% |
| 资本支出强度资本支出/营收 | 20.3% | 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 | $278.1M | $287.5M |
8季度趋势，按日历期对齐
经营现金流CABONET
| Q4 25 | $145.5M | $190.4M | ||
| Q3 25 | $156.5M | $167.1M | ||
| Q2 25 | $144.9M | $99.8M | ||
| Q1 25 | $116.3M | $145.8M | ||
| Q4 24 | $167.6M | $127.3M | ||
| Q3 24 | $176.2M | $104.7M | ||
| Q2 24 | $155.5M | $74.8M | ||
| Q1 24 | $164.8M | $73.6M |
自由现金流CABONET
| Q4 25 | $71.6M | $105.2M | ||
| Q3 25 | $84.8M | $82.5M | ||
| Q2 25 | $76.6M | $39.9M | ||
| Q1 25 | $45.2M | $59.9M | ||
| Q4 24 | $95.7M | $54.2M | ||
| Q3 24 | $99.2M | $54.5M | ||
| Q2 24 | $84.0M | $45.2M | ||
| Q1 24 | $98.9M | $41.5M |
自由现金流率CABONET
| Q4 25 | 19.7% | 17.1% | ||
| Q3 25 | 22.5% | 14.7% | ||
| Q2 25 | 20.1% | 7.8% | ||
| Q1 25 | 11.9% | 12.5% | ||
| Q4 24 | 24.7% | 11.8% | ||
| Q3 24 | 25.2% | 12.7% | ||
| Q2 24 | 21.3% | 11.3% | ||
| Q1 24 | 24.5% | 11.0% |
资本支出强度CABONET
| Q4 25 | 20.3% | 13.9% | ||
| Q3 25 | 19.1% | 15.1% | ||
| Q2 25 | 17.9% | 11.7% | ||
| Q1 25 | 18.7% | 17.9% | ||
| Q4 24 | 18.6% | 15.9% | ||
| Q3 24 | 19.6% | 11.7% | ||
| Q2 24 | 18.1% | 7.4% | ||
| Q1 24 | 16.3% | 8.5% |
现金转化率CABONET
| Q4 25 | — | — | ||
| Q3 25 | 1.81× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 44.62× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.99× | — | ||
| Q2 24 | 4.08× | — | ||
| Q1 24 | 4.41× | — |
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
CABO
暂无分部数据
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
