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Cellebrite DI Ltd.（CLBT）与网易（NTES）财务数据对比。点击上方公司名可切换其他公司
网易的季度营收约是Cellebrite DI Ltd.的13.6倍（$4.0B vs $292.2M）。网易净利率更高（31.0% vs -103.5%，领先134.5%）。网易自由现金流更多（$1.8B vs $60.8M）。过去两年Cellebrite DI Ltd.的营收复合增速更高（72.8% vs 9.7%）
Cellebrite DI Ltd.是一家总部位于以色列佩塔提克瓦的数字取证企业，为执法机构、企业及服务供应商提供数字数据的采集、审阅、分析与管理工具，旗下核心产品系列为Cellebrite UFED。
网易由丁磊于1997年6月创立，是全球规模领先的互联网与网络游戏企业之一。公司核心业务涵盖PC及移动端网络游戏的研发与发行，同时布局广告服务、电子邮箱服务及电商平台等多元业务板块。
CLBT vs NTES — 直观对比
营收规模更大
NTES
是对方的13.6倍
$292.2M
净利率更高
NTES
高出134.5%
-103.5%
自由现金流更多
NTES
多$1.7B
$60.8M
两年增速更快
CLBT
近两年复合增速
9.7%
损益表 — Q3 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $292.2M | $4.0B |
| 净利润 | $-302.3M | $1.2B |
| 毛利率 | 84.6% | 64.1% |
| 营业利润率 | 14.1% | 28.3% |
| 净利率 | -103.5% | 31.0% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-1.50 | — |
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CLBTNTES
| Q3 25 | $292.2M | $4.0B | ||
| Q2 25 | $220.8M | $3.9B | ||
| Q1 25 | $89.6M | $4.0B | ||
| Q3 24 | $232.1M | $3.7B | ||
| Q2 24 | $185.3M | $3.5B | ||
| Q1 24 | $71.2M | $3.7B | ||
| Q3 23 | $196.6M | $3.7B | ||
| Q2 23 | $97.9M | $3.3B |
净利润CLBTNTES
| Q3 25 | $-302.3M | $1.2B | ||
| Q2 25 | $36.9M | $1.3B | ||
| Q1 25 | $-71.4M | $1.5B | ||
| Q3 24 | — | $955.7M | ||
| Q2 24 | $-95.2M | $939.6M | ||
| Q1 24 | $-40.6M | $1.1B | ||
| Q3 23 | $113.7M | $1.1B | ||
| Q2 23 | $-73.0M | $1.1B |
毛利率CLBTNTES
| Q3 25 | 84.6% | 64.1% | ||
| Q2 25 | 84.1% | 64.7% | ||
| Q1 25 | 85.2% | 64.1% | ||
| Q3 24 | 83.5% | 62.9% | ||
| Q2 24 | 84.1% | 62.9% | ||
| Q1 24 | 82.6% | 63.4% | ||
| Q3 23 | 80.4% | 62.2% | ||
| Q2 23 | — | 59.9% |
营业利润率CLBTNTES
| Q3 25 | 14.1% | 28.3% | ||
| Q2 25 | 12.1% | 32.5% | ||
| Q1 25 | 10.3% | 36.2% | ||
| Q3 24 | 7.9% | 27.3% | ||
| Q2 24 | 11.7% | 27.4% | ||
| Q1 24 | 0.2% | 28.4% | ||
| Q3 23 | -4.4% | 27.7% | ||
| Q2 23 | 4.9% | 25.2% |
净利率CLBTNTES
| Q3 25 | -103.5% | 31.0% | ||
| Q2 25 | 16.7% | 32.6% | ||
| Q1 25 | -79.7% | 36.6% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | -51.4% | 26.8% | ||
| Q1 24 | -57.0% | 29.1% | ||
| Q3 23 | 57.8% | 28.6% | ||
| Q2 23 | -74.5% | 34.0% |
每股收益（稀释后）CLBTNTES
| Q3 25 | $-1.50 | — | ||
| Q2 25 | $0.15 | — | ||
| Q1 25 | $-0.36 | — | ||
| Q3 24 | $-0.35 | — | ||
| Q2 24 | $-0.48 | — | ||
| Q1 24 | $-0.21 | — | ||
| Q3 23 | $0.56 | — | ||
| Q2 23 | $-0.37 | — |
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 | $191.7M | $31.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $336.0M | $160.8B |
| 总资产 | $690.6M | $214.5B |
| 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CLBTNTES
| Q3 25 | $191.7M | $31.3B | ||
| Q2 25 | $326.1M | $54.4B | ||
| Q1 25 | $191.7M | $41.7B | ||
| Q3 24 | $189.5M | $20.2B | ||
| Q2 24 | $178.6M | $19.0B | ||
| Q1 24 | $189.5M | $43.0B | ||
| Q3 23 | $87.6M | $15.1B | ||
| Q2 23 | $168.1M | $12.8B |
股东权益CLBTNTES
| Q3 25 | $336.0M | $160.8B | ||
| Q2 25 | $408.4M | $154.0B | ||
| Q1 25 | $336.0M | $147.8B | ||
| Q3 24 | $34.2M | $135.6B | ||
| Q2 24 | $-40.2M | $134.2B | ||
| Q1 24 | $34.2M | $130.5B | ||
| Q3 23 | $73.9M | $123.8B | ||
| Q2 23 | $17.6M | $118.1B |
总资产CLBTNTES
| Q3 25 | $690.6M | $214.5B | ||
| Q2 25 | $787.4M | $208.5B | ||
| Q1 25 | $690.6M | $200.9B | ||
| Q3 24 | $532.9M | $184.9B | ||
| Q2 24 | $556.6M | $183.3B | ||
| Q1 24 | $532.9M | $195.1B | ||
| Q3 23 | $403.3M | $171.6B | ||
| Q2 23 | $425.9M | $167.9B |
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 | $66.2M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $1.8B |
| 自由现金流率自由现金流/营收 | 20.8% | 44.7% |
| 资本支出强度资本支出/营收 | 1.8% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.47× |
| 过去12个月自由现金流最近4个季度 | $172.1M | $6.3B |
8季度趋势，按日历期对齐
经营现金流CLBTNTES
| Q3 25 | $66.2M | $1.8B | ||
| Q2 25 | $53.5M | $1.5B | ||
| Q1 25 | $10.0M | $1.7B | ||
| Q3 24 | $58.2M | $1.5B | ||
| Q2 24 | $24.6M | $898.8M | ||
| Q1 24 | $12.5M | $1.3B | ||
| Q3 23 | $-15.2M | $1.3B | ||
| Q2 23 | $29.1M | $1.1B |
自由现金流CLBTNTES
| Q3 25 | $60.8M | $1.8B | ||
| Q2 25 | $47.5M | $1.5B | ||
| Q1 25 | $8.5M | $1.6B | ||
| Q3 24 | $55.3M | $1.5B | ||
| Q2 24 | $21.0M | $875.6M | ||
| Q1 24 | $11.4M | $1.3B | ||
| Q3 23 | $-20.7M | $1.3B | ||
| Q2 23 | $27.2M | $987.1M |
自由现金流率CLBTNTES
| Q3 25 | 20.8% | 44.7% | ||
| Q2 25 | 21.5% | 38.3% | ||
| Q1 25 | 9.5% | 40.4% | ||
| Q3 24 | 23.8% | 38.9% | ||
| Q2 24 | 11.3% | 25.0% | ||
| Q1 24 | 16.0% | 34.0% | ||
| Q3 23 | -10.5% | 33.7% | ||
| Q2 23 | 27.8% | 29.8% |
资本支出强度CLBTNTES
| Q3 25 | 1.8% | 1.0% | ||
| Q2 25 | 2.7% | 0.7% | ||
| Q1 25 | 1.7% | 1.6% | ||
| Q3 24 | 1.3% | 1.4% | ||
| Q2 24 | 1.9% | 0.7% | ||
| Q1 24 | 1.5% | 1.5% | ||
| Q3 23 | 2.8% | 2.4% | ||
| Q2 23 | 1.9% | 2.2% |
现金转化率CLBTNTES
| Q3 25 | — | 1.47× | ||
| Q2 25 | 1.45× | 1.20× | ||
| Q1 25 | — | 1.15× | ||
| Q3 24 | — | 1.58× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 1.22× | ||
| Q3 23 | -0.13× | 1.26× | ||
| Q2 23 | — | 0.94× |
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
CLBT
| Subscription services | $197.2M | 67% |
| Term-license | $60.8M | 21% |
| Professional services | $23.2M | 8% |
| Other non-recurring | $11.0M | 4% |
NTES
| Games and related value-added services | $3.3B | 82% |
| NetEase Cloud Music | $275.9M | 7% |
| Youdao | $228.8M | 6% |
| Innovative businesses and others | $202.1M | 5% |
