vs
Equinix（EQIX）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是Equinix的1.1倍（$2.7B vs $2.4B），Rocket Companies, Inc.净利率更高（2.5% vs 0.0%，领先2.5%），Rocket Companies, Inc.同比增速更快（52.2% vs 9.0%），Equinix自由现金流更多（$-596.0M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 5.4%）
Equinix是总部位于美国加利福尼亚州雷德伍德城的跨国企业，主营互联网连接服务与数据中心托管业务，旗下数据中心此前常被业内称为“运营商酒店”，2015年1月公司正式转型为房地产投资信托基金（REIT）。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
EQIX vs RKT — 直观对比
营收规模更大
RKT
是对方的1.1倍
$2.4B
营收增速更快
RKT
高出43.2%
9.0%
净利率更高
RKT
高出2.5%
0.0%
自由现金流更多
EQIX
多$673.6M
$-1.3B
两年增速更快
RKT
近两年复合增速
5.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $2.7B |
| 净利润 | $415.0K | $68.0M |
| 毛利率 | 0.1% | — |
| 营业利润率 | 0.0% | 6.3% |
| 净利率 | 0.0% | 2.5% |
| 营收同比 | 9.0% | 52.2% |
| 净利润同比 | 21.0% | 100.8% |
| 每股收益（稀释后） | $0.00 | $0.10 |
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EQIXRKT
| Q2 26 | $2.4B | — | ||
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $2.7B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.2B | $1.0B | ||
| Q4 24 | $2.3B | $1.8B | ||
| Q3 24 | $2.2B | $646.9M |
净利润EQIXRKT
| Q2 26 | $415.0K | — | ||
| Q1 26 | $265.0M | — | ||
| Q4 25 | $265.0M | $68.0M | ||
| Q3 25 | $374.0M | $-123.9M | ||
| Q2 25 | $368.0M | $-1.8M | ||
| Q1 25 | $343.0M | $-10.4M | ||
| Q4 24 | $-14.0M | $33.9M | ||
| Q3 24 | $297.0M | $-22.0M |
毛利率EQIXRKT
| Q2 26 | 0.1% | — | ||
| Q1 26 | 50.5% | — | ||
| Q4 25 | 50.5% | — | ||
| Q3 25 | 50.7% | — | ||
| Q2 25 | 52.0% | — | ||
| Q1 25 | 51.3% | — | ||
| Q4 24 | 47.1% | 58.9% | ||
| Q3 24 | 50.1% | -8.4% |
营业利润率EQIXRKT
| Q2 26 | 0.0% | — | ||
| Q1 26 | 17.4% | — | ||
| Q4 25 | 17.4% | 6.3% | ||
| Q3 25 | 20.5% | -11.5% | ||
| Q2 25 | 21.9% | 1.8% | ||
| Q1 25 | 20.6% | -21.5% | ||
| Q4 24 | 4.6% | 38.1% | ||
| Q3 24 | 19.3% | -76.9% |
净利率EQIXRKT
| Q2 26 | 0.0% | — | ||
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.0% | 2.5% | ||
| Q3 25 | 16.1% | -7.7% | ||
| Q2 25 | 16.3% | -0.1% | ||
| Q1 25 | 15.4% | -1.0% | ||
| Q4 24 | -0.6% | 1.9% | ||
| Q3 24 | 13.5% | -3.4% |
每股收益（稀释后）EQIXRKT
| Q2 26 | $0.00 | — | ||
| Q1 26 | $2.70 | — | ||
| Q4 25 | $2.70 | $0.10 | ||
| Q3 25 | $3.81 | $-0.06 | ||
| Q2 25 | $3.75 | $-0.01 | ||
| Q1 25 | $3.50 | $-0.08 | ||
| Q4 24 | $-0.19 | $0.28 | ||
| Q3 24 | $3.10 | $-0.19 |
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 | $3.1B | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $14.3B | $22.9B |
| 总资产 | $40.9B | $60.7B |
| 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EQIXRKT
| Q2 26 | $3.1B | — | ||
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $2.7B | ||
| Q3 25 | $2.9B | $5.8B | ||
| Q2 25 | $4.5B | $5.1B | ||
| Q1 25 | $3.7B | $1.4B | ||
| Q4 24 | $3.6B | $1.3B | ||
| Q3 24 | $3.2B | $1.2B |
总债务EQIXRKT
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $17.3B | — | ||
| Q2 25 | $18.1B | — | ||
| Q1 25 | $15.9B | — | ||
| Q4 24 | $15.3B | — | ||
| Q3 24 | $15.4B | — |
股东权益EQIXRKT
| Q2 26 | $14.3B | — | ||
| Q1 26 | $14.2B | — | ||
| Q4 25 | $14.2B | $22.9B | ||
| Q3 25 | $14.2B | $8.9B | ||
| Q2 25 | $14.1B | $7.4B | ||
| Q1 25 | $13.9B | $8.6B | ||
| Q4 24 | $13.5B | $9.0B | ||
| Q3 24 | $13.6B | $8.4B |
总资产EQIXRKT
| Q2 26 | $40.9B | — | ||
| Q1 26 | $40.1B | — | ||
| Q4 25 | $40.1B | $60.7B | ||
| Q3 25 | $38.1B | $33.6B | ||
| Q2 25 | $38.8B | $30.4B | ||
| Q1 25 | $36.1B | $25.3B | ||
| Q4 24 | $35.1B | $24.5B | ||
| Q3 24 | $35.4B | $25.1B |
负债/权益比EQIXRKT
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.14× | — | ||
| Q4 24 | 1.13× | — | ||
| Q3 24 | 1.13× | — |
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 | $717.0M | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $-596.0M | $-1.3B |
| 自由现金流率自由现金流/营收 | -24.4% | -47.2% |
| 资本支出强度资本支出/营收 | 0.0% | 1.5% |
| 现金转化率经营现金流/净利润 | 1727.71× | -18.08× |
| 过去12个月自由现金流最近4个季度 | — | $-4.0B |
8季度趋势，按日历期对齐
经营现金流EQIXRKT
| Q2 26 | $717.0M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $-1.2B | ||
| Q3 25 | $1.0B | $-50.3M | ||
| Q2 25 | $944.0M | $-1.9B | ||
| Q1 25 | $809.0M | $-797.0M | ||
| Q4 24 | $981.0M | $1.8B | ||
| Q3 24 | $758.0M | $-1.3B |
自由现金流EQIXRKT
| Q2 26 | $-596.0M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-292.0M | $-1.3B | ||
| Q3 25 | $-122.0M | $-71.8M | ||
| Q2 25 | $-45.0M | $-1.9B | ||
| Q1 25 | $59.0M | $-811.0M | ||
| Q4 24 | $-6.0M | $1.8B | ||
| Q3 24 | $34.0M | $-1.4B |
自由现金流率EQIXRKT
| Q2 26 | -24.4% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -12.1% | -47.2% | ||
| Q3 25 | -5.3% | -4.5% | ||
| Q2 25 | -2.0% | -137.2% | ||
| Q1 25 | 2.7% | -78.2% | ||
| Q4 24 | -0.3% | 103.1% | ||
| Q3 24 | 1.5% | -209.6% |
资本支出强度EQIXRKT
| Q2 26 | 0.0% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 59.3% | 1.5% | ||
| Q3 25 | 49.1% | 1.3% | ||
| Q2 25 | 43.8% | 1.1% | ||
| Q1 25 | 33.7% | 1.4% | ||
| Q4 24 | 43.7% | 1.1% | ||
| Q3 24 | 32.9% | 2.9% |
现金转化率EQIXRKT
| Q2 26 | 1727.71× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 4.32× | -18.08× | ||
| Q3 25 | 2.71× | — | ||
| Q2 25 | 2.57× | — | ||
| Q1 25 | 2.36× | — | ||
| Q4 24 | — | 54.42× | ||
| Q3 24 | 2.55× | — |
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
EQIX
| Recurring revenues | $1.0B | 43% |
| Colocation | $731.0M | 30% |
| Other | $314.0M | 13% |
| Interconnection | $251.0M | 10% |
| Managed infrastructure | $57.0M | 2% |
| Non-recurring revenues | $45.0M | 2% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
