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Enovis CORP（ENOV）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是Enovis CORP的1.1倍（$614.5M vs $548.9M），Cloudflare, Inc.净利率更高（-2.0% vs -104.1%，领先102.1%），Cloudflare, Inc.同比增速更快（33.6% vs -2.2%），Cloudflare, Inc.自由现金流更多（$105.2M vs $29.1M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 9.8%）
Enovis是一家专注于骨科领域的医疗科技企业，其前身是1995年由米切尔·雷尔斯和史蒂文·雷尔斯兄弟创立的科尔法克斯公司。公司总部位于特拉华州威尔明顿，目前在全球12个地点开展业务，拥有超过5000名员工，于纽约证券交易所上市，股票代码为ENOV。
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。
ENOV vs NET — 直观对比
营收规模更大
NET
是对方的1.1倍
$548.9M
营收增速更快
NET
高出35.8%
-2.2%
净利率更高
NET
高出102.1%
-104.1%
自由现金流更多
NET
多$76.1M
$29.1M
两年增速更快
NET
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $548.9M | $614.5M |
| 净利润 | $-571.1M | $-12.1M |
| 毛利率 | 59.9% | 73.6% |
| 营业利润率 | -101.7% | -8.0% |
| 净利率 | -104.1% | -2.0% |
| 营收同比 | -2.2% | 33.6% |
| 净利润同比 | 18.8% | 6.0% |
| 每股收益（稀释后） | $-9.99 | $-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ENOVNET
| Q4 25 | $548.9M | $614.5M | ||
| Q3 25 | $564.5M | $562.0M | ||
| Q2 25 | $558.8M | $512.3M | ||
| Q1 25 | — | $479.1M | ||
| Q4 24 | $561.0M | $459.9M | ||
| Q3 24 | $505.2M | $430.1M | ||
| Q2 24 | $525.2M | $401.0M | ||
| Q1 24 | $516.3M | $378.6M |
净利润ENOVNET
| Q4 25 | $-571.1M | $-12.1M | ||
| Q3 25 | $-36.7M | $-1.3M | ||
| Q2 25 | $-56.0M | $-50.4M | ||
| Q1 25 | — | $-38.5M | ||
| Q4 24 | $-703.2M | $-12.8M | ||
| Q3 24 | $-31.5M | $-15.3M | ||
| Q2 24 | $-18.6M | $-15.1M | ||
| Q1 24 | $-72.0M | $-35.5M |
毛利率ENOVNET
| Q4 25 | 59.9% | 73.6% | ||
| Q3 25 | 59.3% | 74.0% | ||
| Q2 25 | 59.5% | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | 54.8% | 76.4% | ||
| Q3 24 | 56.7% | 77.7% | ||
| Q2 24 | 55.0% | 77.8% | ||
| Q1 24 | 57.7% | 77.5% |
营业利润率ENOVNET
| Q4 25 | -101.7% | -8.0% | ||
| Q3 25 | -3.0% | -6.7% | ||
| Q2 25 | -8.4% | -13.1% | ||
| Q1 25 | — | -11.1% | ||
| Q4 24 | -118.5% | -7.5% | ||
| Q3 24 | -6.3% | -7.2% | ||
| Q2 24 | -8.4% | -8.7% | ||
| Q1 24 | -6.8% | -14.4% |
净利率ENOVNET
| Q4 25 | -104.1% | -2.0% | ||
| Q3 25 | -6.5% | -0.2% | ||
| Q2 25 | -10.0% | -9.8% | ||
| Q1 25 | — | -8.0% | ||
| Q4 24 | -125.4% | -2.8% | ||
| Q3 24 | -6.2% | -3.6% | ||
| Q2 24 | -3.5% | -3.8% | ||
| Q1 24 | -13.9% | -9.4% |
每股收益（稀释后）ENOVNET
| Q4 25 | $-9.99 | $-0.03 | ||
| Q3 25 | $-0.64 | $0.00 | ||
| Q2 25 | $-0.98 | $-0.15 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | $-12.69 | $-0.05 | ||
| Q3 24 | $-0.58 | $-0.04 | ||
| Q2 24 | $-0.34 | $-0.04 | ||
| Q1 24 | $-1.32 | $-0.10 |
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 | $33.6M | $943.5M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $2.0B | $1.5B |
| 总资产 | $4.4B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.67× | — |
8季度趋势，按日历期对齐
现金及短期投资ENOVNET
| Q4 25 | $33.6M | $943.5M | ||
| Q3 25 | $44.1M | $1.1B | ||
| Q2 25 | $38.5M | $1.5B | ||
| Q1 25 | — | $204.5M | ||
| Q4 24 | $48.2M | $147.7M | ||
| Q3 24 | $35.4M | $182.9M | ||
| Q2 24 | $35.0M | $157.0M | ||
| Q1 24 | $66.3M | $254.4M |
总债务ENOVNET
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ENOVNET
| Q4 25 | $2.0B | $1.5B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $3.3B | $973.1M | ||
| Q2 24 | $3.3B | $881.5M | ||
| Q1 24 | $3.3B | $797.2M |
总资产ENOVNET
| Q4 25 | $4.4B | $6.0B | ||
| Q3 25 | $5.0B | $5.8B | ||
| Q2 25 | $4.9B | $5.6B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $4.7B | $3.3B | ||
| Q3 24 | $5.6B | $3.1B | ||
| Q2 24 | $5.4B | $2.9B | ||
| Q1 24 | $5.5B | $2.8B |
负债/权益比ENOVNET
| Q4 25 | 0.67× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.52× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | 0.40× | — |
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 | $82.6M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $29.1M | $105.2M |
| 自由现金流率自由现金流/营收 | 5.3% | 17.1% |
| 资本支出强度资本支出/营收 | 9.7% | 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 | $22.8M | $287.5M |
8季度趋势，按日历期对齐
经营现金流ENOVNET
| Q4 25 | $82.6M | $190.4M | ||
| Q3 25 | $47.8M | $167.1M | ||
| Q2 25 | $-1.6M | $99.8M | ||
| Q1 25 | — | $145.8M | ||
| Q4 24 | $88.3M | $127.3M | ||
| Q3 24 | $53.6M | $104.7M | ||
| Q2 24 | $7.8M | $74.8M | ||
| Q1 24 | $-36.2M | $73.6M |
自由现金流ENOVNET
| Q4 25 | $29.1M | $105.2M | ||
| Q3 25 | $3.4M | $82.5M | ||
| Q2 25 | $-44.9M | $39.9M | ||
| Q1 25 | — | $59.9M | ||
| Q4 24 | $35.1M | $54.2M | ||
| Q3 24 | $2.4M | $54.5M | ||
| Q2 24 | $-31.6M | $45.2M | ||
| Q1 24 | $-73.1M | $41.5M |
自由现金流率ENOVNET
| Q4 25 | 5.3% | 17.1% | ||
| Q3 25 | 0.6% | 14.7% | ||
| Q2 25 | -8.0% | 7.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | 6.3% | 11.8% | ||
| Q3 24 | 0.5% | 12.7% | ||
| Q2 24 | -6.0% | 11.3% | ||
| Q1 24 | -14.2% | 11.0% |
资本支出强度ENOVNET
| Q4 25 | 9.7% | 13.9% | ||
| Q3 25 | 7.9% | 15.1% | ||
| Q2 25 | 7.7% | 11.7% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | 9.5% | 15.9% | ||
| Q3 24 | 10.1% | 11.7% | ||
| Q2 24 | 7.5% | 7.4% | ||
| Q1 24 | 7.2% | 8.5% |
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
ENOV
| Reconstructive Segment | $258.0M | 47% |
| Surgical | $129.0M | 23% |
| Prevention And Recovery | $92.6M | 17% |
| Other Prevention And Recovery | $71.4M | 13% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
