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CyberArk Software Ltd.（CYBR）与TRINET GROUP, INC.（TNET）财务数据对比。点击上方公司名可切换其他公司
TRINET GROUP, INC.的季度营收约是CyberArk Software Ltd.的1.3倍（$1.2B vs $988.5M），CyberArk Software Ltd.自由现金流更多（$144.9M vs $43.0M）
CyberArk Software Ltd.是以色列上市信息安全企业，主打身份管理相关产品及服务，其技术广泛应用于金融服务、能源、零售、医疗健康、政务等多个领域，总部位于佩塔提克瓦，在美洲、欧非中东、亚太及日本多地均设有办事机构。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
CYBR vs TNET — 直观对比
营收规模更大
TNET
是对方的1.3倍
$988.5M
自由现金流更多
CYBR
多$101.9M
$43.0M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $988.5M | $1.2B |
| 净利润 | $-129.8M | — |
| 毛利率 | 76.0% | — |
| 营业利润率 | -10.8% | 0.1% |
| 净利率 | -13.1% | — |
| 营收同比 | — | -2.2% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $0.02 |
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CYBRTNET
| Q4 25 | — | $1.2B | ||
| Q3 25 | $988.5M | $1.2B | ||
| Q2 25 | $645.6M | $1.2B | ||
| Q1 25 | $317.6M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $446.3M | $1.2B | ||
| Q1 24 | $221.6M | $1.3B |
净利润CYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | $-129.8M | $34.0M | ||
| Q2 25 | $-79.4M | $37.0M | ||
| Q1 25 | $11.5M | $85.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | $-7.5M | $60.0M | ||
| Q1 24 | $5.5M | $91.0M |
毛利率CYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | 76.0% | — | ||
| Q2 25 | 75.7% | — | ||
| Q1 25 | 76.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 80.4% | — | ||
| Q1 24 | 80.9% | — |
营业利润率CYBRTNET
| Q4 25 | — | 0.1% | ||
| Q3 25 | -10.8% | 4.1% | ||
| Q2 25 | -8.8% | 4.1% | ||
| Q1 25 | -6.5% | 8.9% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | -6.8% | 6.5% | ||
| Q1 24 | -2.9% | 9.7% |
净利率CYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | -13.1% | 2.8% | ||
| Q2 25 | -12.3% | 3.0% | ||
| Q1 25 | 3.6% | 6.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | -1.7% | 4.9% | ||
| Q1 24 | 2.5% | 7.2% |
每股收益（稀释后）CYBRTNET
| Q4 25 | — | $0.02 | ||
| Q3 25 | — | $0.70 | ||
| Q2 25 | — | $0.77 | ||
| Q1 25 | — | $1.71 | ||
| Q4 24 | — | $-0.44 | ||
| Q3 24 | — | $0.89 | ||
| Q2 24 | — | $1.20 | ||
| Q1 24 | — | $1.78 |
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 | $523.6M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.3B | $54.0M |
| 总资产 | $4.6B | $3.8B |
| 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CYBRTNET
| Q4 25 | — | $287.0M | ||
| Q3 25 | $523.6M | $321.0M | ||
| Q2 25 | $886.4M | $407.0M | ||
| Q1 25 | $413.6M | $349.0M | ||
| Q4 24 | — | $360.0M | ||
| Q3 24 | — | $301.0M | ||
| Q2 24 | $1.2B | $249.0M | ||
| Q1 24 | $440.5M | $383.0M |
股东权益CYBRTNET
| Q4 25 | — | $54.0M | ||
| Q3 25 | $2.3B | $110.0M | ||
| Q2 25 | $2.3B | $107.0M | ||
| Q1 25 | $2.4B | $63.0M | ||
| Q4 24 | — | $69.0M | ||
| Q3 24 | — | $129.0M | ||
| Q2 24 | $877.0M | $100.0M | ||
| Q1 24 | $837.0M | $143.0M |
总资产CYBRTNET
| Q4 25 | — | $3.8B | ||
| Q3 25 | $4.6B | $3.4B | ||
| Q2 25 | $4.5B | $3.7B | ||
| Q1 25 | $3.3B | $3.8B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | $2.1B | $3.7B | ||
| Q1 24 | $2.0B | $4.0B |
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 | $153.9M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $144.9M | $43.0M |
| 自由现金流率自由现金流/营收 | 14.7% | 3.4% |
| 资本支出强度资本支出/营收 | 0.9% | 1.4% |
| 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 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流CYBRTNET
| Q4 25 | — | $61.0M | ||
| Q3 25 | $153.9M | $72.0M | ||
| Q2 25 | $103.3M | $75.0M | ||
| Q1 25 | $98.5M | $95.0M | ||
| Q4 24 | — | $65.0M | ||
| Q3 24 | — | $84.0M | ||
| Q2 24 | — | $39.0M | ||
| Q1 24 | $68.6M | $91.0M |
自由现金流CYBRTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | $144.9M | $55.0M | ||
| Q2 25 | $98.8M | $57.0M | ||
| Q1 25 | $96.8M | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $59.0M | ||
| Q2 24 | — | $22.0M | ||
| Q1 24 | $66.8M | $73.0M |
自由现金流率CYBRTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | 14.7% | 4.5% | ||
| Q2 25 | 15.3% | 4.6% | ||
| Q1 25 | 30.5% | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | 30.1% | 5.8% |
资本支出强度CYBRTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | 0.9% | 1.4% | ||
| Q2 25 | 0.7% | 1.5% | ||
| Q1 25 | 0.5% | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | 0.8% | 1.4% |
现金转化率CYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | — | 2.12× | ||
| Q2 25 | — | 2.03× | ||
| Q1 25 | 8.60× | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | 12.55× | 1.00× |
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
CYBR
| Subscription | $794.5M | 80% |
| Maintenance, Professional Services and other | $194.0M | 20% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
