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楷登电子（CDNS）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是楷登电子的1.1倍（$1.4B vs $1.3B），楷登电子净利率更高（22.8% vs 5.8%，领先17.0%），ROKU, INC同比增速更快（16.1% vs -16.1%），楷登电子自由现金流更多（$464.0M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 9.6%）
楷登电子是总部位于美国加利福尼亚州圣何塞的跨国科技与计算软件企业，最初主打半导体行业电子设计自动化（EDA）软件，目前业务覆盖集成电路、片上系统、印刷电路板、药品研发等领域的设计软硬件开发，同时向电子、航空航天、国防等行业授权知识产权。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
CDNS vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.1倍
$1.3B
营收增速更快
ROKU
高出32.3%
-16.1%
净利率更高
CDNS
高出17.0%
5.8%
自由现金流更多
CDNS
多$357.4M
$106.6M
两年增速更快
ROKU
近两年复合增速
9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $335.7M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 29.3% | 4.7% |
| 净利率 | 22.8% | 5.8% |
| 营收同比 | -16.1% | 16.1% |
| 净利润同比 | 22.7% | 326.4% |
| 每股收益（稀释后） | $1.00 | $0.55 |
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CDNSROKU
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $968.2M |
净利润CDNSROKU
| Q1 26 | $335.7M | — | ||
| Q4 25 | $388.1M | $80.5M | ||
| Q3 25 | $287.1M | $24.8M | ||
| Q2 25 | $160.1M | $10.5M | ||
| Q1 25 | $273.6M | $-27.4M | ||
| Q4 24 | $340.2M | $-35.5M | ||
| Q3 24 | $238.1M | $-9.0M | ||
| Q2 24 | $229.5M | $-34.0M |
毛利率CDNSROKU
| Q1 26 | — | — | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.9% |
营业利润率CDNSROKU
| Q1 26 | 29.3% | — | ||
| Q4 25 | 32.2% | 4.7% | ||
| Q3 25 | 31.8% | 0.8% | ||
| Q2 25 | 19.0% | -2.1% | ||
| Q1 25 | 29.1% | -5.7% | ||
| Q4 24 | 33.7% | -3.3% | ||
| Q3 24 | 28.8% | -3.4% | ||
| Q2 24 | 27.7% | -7.4% |
净利率CDNSROKU
| Q1 26 | 22.8% | — | ||
| Q4 25 | 27.0% | 5.8% | ||
| Q3 25 | 21.4% | 2.0% | ||
| Q2 25 | 12.5% | 0.9% | ||
| Q1 25 | 22.0% | -2.7% | ||
| Q4 24 | 25.1% | -3.0% | ||
| Q3 24 | 19.6% | -0.9% | ||
| Q2 24 | 21.6% | -3.5% |
每股收益（稀释后）CDNSROKU
| Q1 26 | $1.00 | — | ||
| Q4 25 | $1.42 | $0.55 | ||
| Q3 25 | $1.05 | $0.16 | ||
| Q2 25 | $0.59 | $0.07 | ||
| Q1 25 | $1.00 | $-0.19 | ||
| Q4 24 | $1.23 | $-0.24 | ||
| Q3 24 | $0.87 | $-0.06 | ||
| Q2 24 | $0.84 | $-0.24 |
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 | $2.8B | $2.3B |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $6.6B | $2.7B |
| 总资产 | $12.1B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资CDNSROKU
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.2B | $2.3B | ||
| Q3 25 | $2.8B | $2.3B | ||
| Q2 25 | $2.8B | $2.3B | ||
| Q1 25 | $2.8B | $2.3B | ||
| Q4 24 | $2.8B | $2.2B | ||
| Q3 24 | $2.8B | $2.1B | ||
| Q2 24 | $1.1B | $2.1B |
总债务CDNSROKU
| Q1 26 | $2.5B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CDNSROKU
| Q1 26 | $6.6B | — | ||
| Q4 25 | $5.5B | $2.7B | ||
| Q3 25 | $5.2B | $2.6B | ||
| Q2 25 | $5.0B | $2.6B | ||
| Q1 25 | $4.8B | $2.5B | ||
| Q4 24 | $4.7B | $2.5B | ||
| Q3 24 | $4.6B | $2.5B | ||
| Q2 24 | $4.3B | $2.4B |
总资产CDNSROKU
| Q1 26 | $12.1B | — | ||
| Q4 25 | $10.2B | $4.4B | ||
| Q3 25 | $9.6B | $4.4B | ||
| Q2 25 | $9.5B | $4.3B | ||
| Q1 25 | $9.0B | $4.2B | ||
| Q4 24 | $9.0B | $4.3B | ||
| Q3 24 | $9.2B | $4.3B | ||
| Q2 24 | $7.2B | $4.1B |
负债/权益比CDNSROKU
| Q1 26 | 0.38× | — | ||
| 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 | $355.8M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $464.0M | $106.6M |
| 自由现金流率自由现金流/营收 | 36.4% | 7.6% |
| 资本支出强度资本支出/营收 | 5.1% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.06× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $478.4M |
8季度趋势，按日历期对齐
经营现金流CDNSROKU
| Q1 26 | $355.8M | — | ||
| Q4 25 | $553.5M | $107.7M | ||
| Q3 25 | $310.7M | $127.6M | ||
| Q2 25 | $377.6M | $109.7M | ||
| Q1 25 | $487.0M | $138.7M | ||
| Q4 24 | $441.4M | $79.3M | ||
| Q3 24 | $410.0M | $68.7M | ||
| Q2 24 | $156.0M | $23.4M |
自由现金流CDNSROKU
| Q1 26 | $464.0M | — | ||
| Q4 25 | $512.5M | $106.6M | ||
| Q3 25 | $277.0M | $126.5M | ||
| Q2 25 | $333.5M | $108.6M | ||
| Q1 25 | $464.0M | $136.8M | ||
| Q4 24 | $404.2M | $76.8M | ||
| Q3 24 | $383.5M | $67.6M | ||
| Q2 24 | $126.8M | $22.5M |
自由现金流率CDNSROKU
| Q1 26 | 36.4% | — | ||
| Q4 25 | 35.6% | 7.6% | ||
| Q3 25 | 20.7% | 10.4% | ||
| Q2 25 | 26.1% | 9.8% | ||
| Q1 25 | 37.3% | 13.4% | ||
| Q4 24 | 29.8% | 6.4% | ||
| Q3 24 | 31.5% | 6.4% | ||
| Q2 24 | 12.0% | 2.3% |
资本支出强度CDNSROKU
| Q1 26 | 5.1% | — | ||
| Q4 25 | 2.8% | 0.1% | ||
| Q3 25 | 2.5% | 0.1% | ||
| Q2 25 | 3.5% | 0.1% | ||
| Q1 25 | 1.9% | 0.2% | ||
| Q4 24 | 2.7% | 0.2% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | 2.8% | 0.1% |
现金转化率CDNSROKU
| Q1 26 | 1.06× | — | ||
| Q4 25 | 1.43× | 1.34× | ||
| Q3 25 | 1.08× | 5.14× | ||
| Q2 25 | 2.36× | 10.45× | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 1.72× | — | ||
| Q2 24 | 0.68× | — |
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
CDNS
| Product and Maintenance | $1.1B | 87% |
| Services | $131.0M | 10% |
| Other | $33.0M | 3% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
