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克瑞（CR）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
克瑞的季度营收约是Cloudflare, Inc.的1.1倍（$696.4M vs $614.5M），克瑞净利率更高（9.6% vs -2.0%，领先11.6%），Cloudflare, Inc.同比增速更快（33.6% vs 24.9%），Cloudflare, Inc.自由现金流更多（$105.2M vs $-40.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 14.8%）
克瑞是总部位于美国康涅狄格州斯坦福德的工业产品企业，1855年由理查德·泰勒·克兰创立。公司曾是美国领先卫浴配件制造商，1990年出售该业务板块，1960年起逐步转型为多元化控股集团，当前核心业务涵盖航空航天与电子、工程材料、流体处理、控制系统四大板块，服务化工等多个行业领域。
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。
CR vs NET — 直观对比
营收规模更大
CR
是对方的1.1倍
$614.5M
营收增速更快
NET
高出8.7%
24.9%
净利率更高
CR
高出11.6%
-2.0%
自由现金流更多
NET
多$145.4M
$-40.2M
两年增速更快
NET
近两年复合增速
14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $696.4M | $614.5M |
| 净利润 | $67.1M | $-12.1M |
| 毛利率 | 40.4% | 73.6% |
| 营业利润率 | 14.4% | -8.0% |
| 净利率 | 9.6% | -2.0% |
| 营收同比 | 24.9% | 33.6% |
| 净利润同比 | -37.3% | 6.0% |
| 每股收益（稀释后） | — | $-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CRNET
| Q1 26 | $696.4M | — | ||
| Q4 25 | $581.0M | $614.5M | ||
| Q3 25 | $589.2M | $562.0M | ||
| Q2 25 | $577.2M | $512.3M | ||
| Q1 25 | $557.6M | $479.1M | ||
| Q4 24 | $544.1M | $459.9M | ||
| Q3 24 | $548.3M | $430.1M | ||
| Q2 24 | $528.6M | $401.0M |
净利润CRNET
| Q1 26 | $67.1M | — | ||
| Q4 25 | $81.7M | $-12.1M | ||
| Q3 25 | $91.4M | $-1.3M | ||
| Q2 25 | $86.4M | $-50.4M | ||
| Q1 25 | $107.1M | $-38.5M | ||
| Q4 24 | $81.0M | $-12.8M | ||
| Q3 24 | $77.3M | $-15.3M | ||
| Q2 24 | $71.6M | $-15.1M |
毛利率CRNET
| Q1 26 | 40.4% | — | ||
| Q4 25 | 41.6% | 73.6% | ||
| Q3 25 | 42.7% | 74.0% | ||
| Q2 25 | 42.0% | 74.9% | ||
| Q1 25 | 42.6% | 75.9% | ||
| Q4 24 | 40.9% | 76.4% | ||
| Q3 24 | 41.4% | 77.7% | ||
| Q2 24 | 40.0% | 77.8% |
营业利润率CRNET
| Q1 26 | 14.4% | — | ||
| Q4 25 | 17.5% | -8.0% | ||
| Q3 25 | 20.1% | -6.7% | ||
| Q2 25 | 17.8% | -13.1% | ||
| Q1 25 | 18.1% | -11.1% | ||
| Q4 24 | 15.8% | -7.5% | ||
| Q3 24 | 18.1% | -7.2% | ||
| Q2 24 | 16.9% | -8.7% |
净利率CRNET
| Q1 26 | 9.6% | — | ||
| Q4 25 | 14.1% | -2.0% | ||
| Q3 25 | 15.5% | -0.2% | ||
| Q2 25 | 15.0% | -9.8% | ||
| Q1 25 | 19.2% | -8.0% | ||
| Q4 24 | 14.9% | -2.8% | ||
| Q3 24 | 14.1% | -3.6% | ||
| Q2 24 | 13.5% | -3.8% |
每股收益（稀释后）CRNET
| Q1 26 | — | — | ||
| Q4 25 | $1.40 | $-0.03 | ||
| Q3 25 | $1.56 | $0.00 | ||
| Q2 25 | $1.47 | $-0.15 | ||
| Q1 25 | $1.83 | $-0.11 | ||
| Q4 24 | $1.37 | $-0.05 | ||
| Q3 24 | $1.33 | $-0.04 | ||
| Q2 24 | $1.23 | $-0.04 |
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 | $355.4M | $943.5M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $2.1B | $1.5B |
| 总资产 | $4.1B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.57× | — |
8季度趋势，按日历期对齐
现金及短期投资CRNET
| Q1 26 | $355.4M | — | ||
| Q4 25 | $506.5M | $943.5M | ||
| Q3 25 | $388.2M | $1.1B | ||
| Q2 25 | $332.2M | $1.5B | ||
| Q1 25 | $435.1M | $204.5M | ||
| Q4 24 | $306.7M | $147.7M | ||
| Q3 24 | $258.2M | $182.9M | ||
| Q2 24 | $229.3M | $157.0M |
总债务CRNET
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $247.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CRNET
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $1.5B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.6B | $973.1M | ||
| Q2 24 | $1.5B | $881.5M |
总资产CRNET
| Q1 26 | $4.1B | — | ||
| Q4 25 | $3.9B | $6.0B | ||
| Q3 25 | $2.5B | $5.8B | ||
| Q2 25 | $2.5B | $5.6B | ||
| Q1 25 | $2.6B | $3.7B | ||
| Q4 24 | $2.6B | $3.3B | ||
| Q3 24 | $2.7B | $3.1B | ||
| Q2 24 | $2.5B | $2.9B |
负债/权益比CRNET
| Q1 26 | 0.57× | — | ||
| Q4 25 | 0.56× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.15× | — | ||
| 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 | — | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $-40.2M | $105.2M |
| 自由现金流率自由现金流/营收 | -5.8% | 17.1% |
| 资本支出强度资本支出/营收 | 1.5% | 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 | $361.5M | $287.5M |
8季度趋势，按日历期对齐
经营现金流CRNET
| Q1 26 | — | — | ||
| Q4 25 | $205.8M | $190.4M | ||
| Q3 25 | $130.2M | $167.1M | ||
| Q2 25 | $105.0M | $99.8M | ||
| Q1 25 | $-46.2M | $145.8M | ||
| Q4 24 | $202.0M | $127.3M | ||
| Q3 24 | $75.4M | $104.7M | ||
| Q2 24 | $51.3M | $74.8M |
自由现金流CRNET
| Q1 26 | $-40.2M | — | ||
| Q4 25 | $196.0M | $105.2M | ||
| Q3 25 | $116.8M | $82.5M | ||
| Q2 25 | $88.9M | $39.9M | ||
| Q1 25 | $-60.4M | $59.9M | ||
| Q4 24 | $188.2M | $54.2M | ||
| Q3 24 | $67.3M | $54.5M | ||
| Q2 24 | $44.6M | $45.2M |
自由现金流率CRNET
| Q1 26 | -5.8% | — | ||
| Q4 25 | 33.7% | 17.1% | ||
| Q3 25 | 19.8% | 14.7% | ||
| Q2 25 | 15.4% | 7.8% | ||
| Q1 25 | -10.8% | 12.5% | ||
| Q4 24 | 34.6% | 11.8% | ||
| Q3 24 | 12.3% | 12.7% | ||
| Q2 24 | 8.4% | 11.3% |
资本支出强度CRNET
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.7% | 13.9% | ||
| Q3 25 | 2.3% | 15.1% | ||
| Q2 25 | 2.8% | 11.7% | ||
| Q1 25 | 2.5% | 17.9% | ||
| Q4 24 | 2.5% | 15.9% | ||
| Q3 24 | 1.5% | 11.7% | ||
| Q2 24 | 1.3% | 7.4% |
现金转化率CRNET
| Q1 26 | — | — | ||
| Q4 25 | 2.52× | — | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | -0.43× | — | ||
| Q4 24 | 2.49× | — | ||
| Q3 24 | 0.98× | — | ||
| Q2 24 | 0.72× | — |
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
CR
| Process Flow Technologies | $378.1M | 54% |
| Aerospace & Advanced Technologies | $318.3M | 46% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
