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CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）与凯撒娱乐（CZR）财务数据对比。点击上方公司名可切换其他公司
凯撒娱乐的季度营收约是CHECK POINT SOFTWARE TECHNOLOGIES LTD的1.4倍（$2.9B vs $2.0B），CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs -2.9%，领先40.9%）
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。
凯撒娱乐前身为埃尔拉多度假村公司，是总部位于美国内华达州里诺的酒店博彩娱乐集团。2020年7月20日公司收购原凯撒娱乐集团后更为现名，目前运营超过50处物业，业务覆盖酒店、博彩、休闲娱乐等多个领域。
CHKP vs CZR — 直观对比
营收规模更大
CZR
是对方的1.4倍
$2.0B
净利率更高
CHKP
高出40.9%
-2.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.9B |
| 净利润 | $752.4M | $-83.0M |
| 毛利率 | 86.7% | — |
| 营业利润率 | 30.2% | 17.4% |
| 净利率 | 38.0% | -2.9% |
| 营收同比 | — | 2.7% |
| 净利润同比 | — | 15.3% |
| 每股收益（稀释后） | $6.81 | $-0.48 |
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CHKPCZR
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $2.0B | $2.9B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.8B |
净利润CHKPCZR
| Q1 26 | — | $-83.0M | ||
| Q4 25 | — | $-250.0M | ||
| Q3 25 | $752.4M | $-55.0M | ||
| Q2 25 | — | $-82.0M | ||
| Q1 25 | — | $-115.0M | ||
| Q4 24 | — | $11.0M | ||
| Q3 24 | — | $-9.0M | ||
| Q2 24 | — | $-122.0M |
毛利率CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 86.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率CHKPCZR
| Q1 26 | — | 17.4% | ||
| Q4 25 | — | 11.4% | ||
| Q3 25 | 30.2% | 17.9% | ||
| Q2 25 | — | 18.1% | ||
| Q1 25 | — | 17.5% | ||
| Q4 24 | — | 23.9% | ||
| Q3 24 | — | 22.4% | ||
| Q2 24 | — | 17.9% |
净利率CHKPCZR
| Q1 26 | — | -2.9% | ||
| Q4 25 | — | -8.6% | ||
| Q3 25 | 38.0% | -1.9% | ||
| Q2 25 | — | -2.8% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | -0.3% | ||
| Q2 24 | — | -4.3% |
每股收益（稀释后）CHKPCZR
| Q1 26 | — | $-0.48 | ||
| Q4 25 | — | $-1.22 | ||
| Q3 25 | $6.81 | $-0.27 | ||
| Q2 25 | — | $-0.39 | ||
| Q1 25 | — | $-0.54 | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $-0.56 |
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 | $867.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.1B | — |
| 总资产 | $5.7B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CHKPCZR
| Q1 26 | — | $867.0M | ||
| Q4 25 | — | $887.0M | ||
| Q3 25 | $619.9M | $836.0M | ||
| Q2 25 | — | $982.0M | ||
| Q1 25 | — | $884.0M | ||
| Q4 24 | — | $866.0M | ||
| Q3 24 | — | $802.0M | ||
| Q2 24 | — | $830.0M |
总债务CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | $11.9B | ||
| Q3 25 | — | $11.9B | ||
| Q2 25 | — | $12.3B | ||
| Q1 25 | — | $12.3B | ||
| Q4 24 | — | $12.3B | ||
| Q3 24 | — | $12.7B | ||
| Q2 24 | — | $12.4B |
股东权益CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | $3.1B | $3.8B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $4.3B |
总资产CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | $31.6B | ||
| Q3 25 | $5.7B | $31.9B | ||
| Q2 25 | — | $32.5B | ||
| Q1 25 | — | $32.4B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $33.0B | ||
| Q2 24 | — | $33.1B |
负债/权益比CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | 3.40× | ||
| Q3 25 | — | 3.15× | ||
| Q2 25 | — | 3.15× | ||
| Q1 25 | — | 3.04× | ||
| Q4 24 | — | 2.96× | ||
| Q3 24 | — | 3.04× | ||
| Q2 24 | — | 2.89× |
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 | — |
| 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CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | $304.0M | ||
| Q3 25 | $914.9M | $318.0M | ||
| Q2 25 | — | $462.0M | ||
| Q1 25 | — | $218.0M | ||
| Q4 24 | — | $309.0M | ||
| Q3 24 | — | $232.0M | ||
| Q2 24 | — | $454.0M |
自由现金流CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | $147.0M | ||
| Q3 25 | $895.5M | $123.0M | ||
| Q2 25 | — | $232.0M | ||
| Q1 25 | — | $-5.0M | ||
| Q4 24 | — | $30.0M | ||
| Q3 24 | — | $-192.0M | ||
| Q2 24 | — | $125.0M |
自由现金流率CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | 5.0% | ||
| Q3 25 | 45.2% | 4.3% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | — | -0.2% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | -6.7% | ||
| Q2 24 | — | 4.4% |
资本支出强度CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | 5.4% | ||
| Q3 25 | 1.0% | 6.8% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 8.0% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 14.8% | ||
| Q2 24 | — | 11.6% |
现金转化率CHKPCZR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 28.09× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
CZR
| Casino | $1.7B | 58% |
| Hotel | $487.0M | 17% |
| Food and beverage | $424.0M | 15% |
| Other | $293.0M | 10% |
