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CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）与Coinbase（COIN）财务数据对比。点击上方公司名可切换其他公司
CHECK POINT SOFTWARE TECHNOLOGIES LTD的季度营收约是Coinbase的1.1倍（$2.0B vs $1.8B），CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs -37.4%，领先75.4%）
Check Point软件技术有限公司是以色列知名网络安全企业，业务覆盖全球60余个国家，总部位于以色列特拉维夫，在美国加利福尼亚州红木城设有重要运营据点。公司为全球超过10万家机构提供安全防护，旗下拥有专业安全研究团队，同时是世界经济论坛的合作伙伴。
Coinbase是美国知名加密货币交易所，2012年由布莱恩·阿姆斯特朗与弗雷德·埃尔萨姆联合创立。截至2024年，平台拥有超1亿用户，业务覆盖100多个国家，是美国最大加密货币交易所、全球最大比特币托管机构，托管总资产近5160亿美元，持有约12%的流通比特币及11%的质押以太币。
CHKP vs COIN — 直观对比
营收规模更大
CHKP
是对方的1.1倍
$1.8B
净利率更高
CHKP
高出75.4%
-37.4%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.8B |
| 净利润 | $752.4M | $-666.7M |
| 毛利率 | 86.7% | — |
| 营业利润率 | 30.2% | 15.4% |
| 净利率 | 38.0% | -37.4% |
| 营收同比 | — | -21.6% |
| 净利润同比 | — | -151.6% |
| 每股收益（稀释后） | $6.81 | $-2.43 |
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CHKPCOIN
| Q4 25 | — | $1.8B | ||
| Q3 25 | $2.0B | $1.9B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.6B |
净利润CHKPCOIN
| Q4 25 | — | $-666.7M | ||
| Q3 25 | $752.4M | $432.6M | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $65.6M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $75.5M | ||
| Q2 24 | — | $36.1M | ||
| Q1 24 | — | $1.2B |
毛利率CHKPCOIN
| Q4 25 | — | — | ||
| Q3 25 | 86.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率CHKPCOIN
| Q4 25 | — | 15.4% | ||
| Q3 25 | 30.2% | 25.7% | ||
| Q2 25 | — | -1.6% | ||
| Q1 25 | — | 34.7% | ||
| Q4 24 | — | 45.5% | ||
| Q3 24 | — | 14.1% | ||
| Q2 24 | — | 23.7% | ||
| Q1 24 | — | 46.4% |
净利率CHKPCOIN
| Q4 25 | — | -37.4% | ||
| Q3 25 | 38.0% | 23.1% | ||
| Q2 25 | — | 95.4% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 56.8% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 2.5% | ||
| Q1 24 | — | 71.8% |
每股收益（稀释后）CHKPCOIN
| Q4 25 | — | $-2.43 | ||
| Q3 25 | $6.81 | $1.50 | ||
| Q2 25 | — | $5.14 | ||
| Q1 25 | — | $0.24 | ||
| Q4 24 | — | $4.66 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | — | $0.14 | ||
| Q1 24 | — | $4.40 |
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 | $619.9M | $11.6B |
| 总债务越低越好 | — | $7.2B |
| 股东权益账面价值 | $3.1B | $14.8B |
| 总资产 | $5.7B | $29.7B |
| 负债/权益比越低杠杆越低 | — | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资CHKPCOIN
| Q4 25 | — | $11.6B | ||
| Q3 25 | $619.9M | $9.8B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $8.1B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $7.7B | ||
| Q2 24 | — | $7.2B | ||
| Q1 24 | — | $6.7B |
总债务CHKPCOIN
| Q4 25 | — | $7.2B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $4.2B |
股东权益CHKPCOIN
| Q4 25 | — | $14.8B | ||
| Q3 25 | $3.1B | $16.0B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $10.5B | ||
| Q4 24 | — | $10.3B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.4B | ||
| Q1 24 | — | $8.1B |
总资产CHKPCOIN
| Q4 25 | — | $29.7B | ||
| Q3 25 | $5.7B | $31.4B | ||
| Q2 25 | — | $23.5B | ||
| Q1 25 | — | $21.7B | ||
| Q4 24 | — | $22.5B | ||
| Q3 24 | — | $290.6B | ||
| Q2 24 | — | $287.0B | ||
| Q1 24 | — | $348.0B |
负债/权益比CHKPCOIN
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.52× |
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 | $914.9M | $3.1B |
| 自由现金流经营现金流 - 资本支出 | $895.5M | — |
| 自由现金流率自由现金流/营收 | 45.2% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 1.22× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CHKPCOIN
| Q4 25 | — | $3.1B | ||
| Q3 25 | $914.9M | $-784.5M | ||
| Q2 25 | — | $328.5M | ||
| Q1 25 | — | $-182.7M | ||
| Q4 24 | — | $964.6M | ||
| Q3 24 | — | $696.5M | ||
| Q2 24 | — | $484.2M | ||
| Q1 24 | — | $411.5M |
自由现金流CHKPCOIN
| Q4 25 | — | — | ||
| Q3 25 | $895.5M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率CHKPCOIN
| Q4 25 | — | — | ||
| Q3 25 | 45.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度CHKPCOIN
| Q4 25 | — | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率CHKPCOIN
| Q4 25 | — | — | ||
| Q3 25 | 1.22× | -1.81× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | -2.79× | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | — | 9.23× | ||
| Q2 24 | — | 13.39× | ||
| Q1 24 | — | 0.35× |
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
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
COIN
| Bank Servicing Consumer Net | $733.9M | 41% |
| Subscription And Circulation | $727.4M | 41% |
| Bank Servicing Institutional | $185.0M | 10% |
| Other Revenue | $71.1M | 4% |
| Bank Servicing Other | $63.8M | 4% |
| Related Party | $1.3M | 0% |
