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Equinix（EQIX）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
Equinix的季度营收约是ROKU, INC的1.7倍（$2.4B vs $1.4B），Equinix净利率更高（11.0% vs 5.8%，领先5.2%），ROKU, INC同比增速更快（16.1% vs 8.8%），过去两年ROKU, INC的营收复合增速更高（25.8% vs 5.9%）
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）。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
EQIX vs ROKU — 直观对比
营收规模更大
EQIX
是对方的1.7倍
$1.4B
营收增速更快
ROKU
高出7.4%
8.8%
净利率更高
EQIX
高出5.2%
5.8%
两年增速更快
ROKU
近两年复合增速
5.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.4B |
| 净利润 | $265.0M | $80.5M |
| 毛利率 | 50.5% | 43.5% |
| 营业利润率 | 17.4% | 4.7% |
| 净利率 | 11.0% | 5.8% |
| 营收同比 | 8.8% | 16.1% |
| 净利润同比 | -22.7% | 326.4% |
| 每股收益（稀释后） | $2.70 | $0.55 |
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EQIXROKU
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $1.4B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.3B | $1.1B | ||
| Q1 25 | $2.2B | $1.0B | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | $2.2B | $968.2M |
净利润EQIXROKU
| Q1 26 | $265.0M | — | ||
| Q4 25 | $265.0M | $80.5M | ||
| Q3 25 | $374.0M | $24.8M | ||
| Q2 25 | $368.0M | $10.5M | ||
| Q1 25 | $343.0M | $-27.4M | ||
| Q4 24 | $-14.0M | $-35.5M | ||
| Q3 24 | $297.0M | $-9.0M | ||
| Q2 24 | $301.0M | $-34.0M |
毛利率EQIXROKU
| Q1 26 | 50.5% | — | ||
| Q4 25 | 50.5% | 43.5% | ||
| Q3 25 | 50.7% | 43.4% | ||
| Q2 25 | 52.0% | 44.8% | ||
| Q1 25 | 51.3% | 43.6% | ||
| Q4 24 | 47.1% | 42.7% | ||
| Q3 24 | 50.1% | 45.2% | ||
| Q2 24 | 49.9% | 43.9% |
营业利润率EQIXROKU
| Q1 26 | 17.4% | — | ||
| Q4 25 | 17.4% | 4.7% | ||
| Q3 25 | 20.5% | 0.8% | ||
| Q2 25 | 21.9% | -2.1% | ||
| Q1 25 | 20.6% | -5.7% | ||
| Q4 24 | 4.6% | -3.3% | ||
| Q3 24 | 19.3% | -3.4% | ||
| Q2 24 | 20.2% | -7.4% |
净利率EQIXROKU
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.0% | 5.8% | ||
| Q3 25 | 16.1% | 2.0% | ||
| Q2 25 | 16.3% | 0.9% | ||
| Q1 25 | 15.4% | -2.7% | ||
| Q4 24 | -0.6% | -3.0% | ||
| Q3 24 | 13.5% | -0.9% | ||
| Q2 24 | 13.9% | -3.5% |
每股收益（稀释后）EQIXROKU
| Q1 26 | $2.70 | — | ||
| Q4 25 | $2.70 | $0.55 | ||
| Q3 25 | $3.81 | $0.16 | ||
| Q2 25 | $3.75 | $0.07 | ||
| Q1 25 | $3.50 | $-0.19 | ||
| Q4 24 | $-0.19 | $-0.24 | ||
| Q3 24 | $3.10 | $-0.06 | ||
| Q2 24 | $3.16 | $-0.24 |
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 | $3.2B | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $14.2B | $2.7B |
| 总资产 | $40.1B | $4.4B |
| 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EQIXROKU
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $2.3B | ||
| Q3 25 | $2.9B | $2.3B | ||
| Q2 25 | $4.5B | $2.3B | ||
| Q1 25 | $3.7B | $2.3B | ||
| Q4 24 | $3.6B | $2.2B | ||
| Q3 24 | $3.2B | $2.1B | ||
| Q2 24 | $2.0B | $2.1B |
总债务EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $17.3B | — | ||
| Q2 25 | $18.1B | — | ||
| Q1 25 | $15.9B | — | ||
| Q4 24 | $15.3B | — | ||
| Q3 24 | $15.4B | — | ||
| Q2 24 | $14.5B | — |
股东权益EQIXROKU
| Q1 26 | $14.2B | — | ||
| Q4 25 | $14.2B | $2.7B | ||
| Q3 25 | $14.2B | $2.6B | ||
| Q2 25 | $14.1B | $2.6B | ||
| Q1 25 | $13.9B | $2.5B | ||
| Q4 24 | $13.5B | $2.5B | ||
| Q3 24 | $13.6B | $2.5B | ||
| Q2 24 | $12.3B | $2.4B |
总资产EQIXROKU
| Q1 26 | $40.1B | — | ||
| Q4 25 | $40.1B | $4.4B | ||
| Q3 25 | $38.1B | $4.4B | ||
| Q2 25 | $38.8B | $4.3B | ||
| Q1 25 | $36.1B | $4.2B | ||
| Q4 24 | $35.1B | $4.3B | ||
| Q3 24 | $35.4B | $4.3B | ||
| Q2 24 | $32.9B | $4.1B |
负债/权益比EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.14× | — | ||
| Q4 24 | 1.13× | — | ||
| Q3 24 | 1.13× | — | ||
| Q2 24 | 1.18× | — |
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 | — | $107.7M |
| 自由现金流经营现金流 - 资本支出 | — | $106.6M |
| 自由现金流率自由现金流/营收 | — | 7.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | $478.4M |
8季度趋势，按日历期对齐
经营现金流EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $107.7M | ||
| Q3 25 | $1.0B | $127.6M | ||
| Q2 25 | $944.0M | $109.7M | ||
| Q1 25 | $809.0M | $138.7M | ||
| Q4 24 | $981.0M | $79.3M | ||
| Q3 24 | $758.0M | $68.7M | ||
| Q2 24 | $912.0M | $23.4M |
自由现金流EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | $-292.0M | $106.6M | ||
| Q3 25 | $-122.0M | $126.5M | ||
| Q2 25 | $-45.0M | $108.6M | ||
| Q1 25 | $59.0M | $136.8M | ||
| Q4 24 | $-6.0M | $76.8M | ||
| Q3 24 | $34.0M | $67.6M | ||
| Q2 24 | $264.0M | $22.5M |
自由现金流率EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | -12.1% | 7.6% | ||
| Q3 25 | -5.3% | 10.4% | ||
| Q2 25 | -2.0% | 9.8% | ||
| Q1 25 | 2.7% | 13.4% | ||
| Q4 24 | -0.3% | 6.4% | ||
| Q3 24 | 1.5% | 6.4% | ||
| Q2 24 | 12.2% | 2.3% |
资本支出强度EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | 59.3% | 0.1% | ||
| Q3 25 | 49.1% | 0.1% | ||
| Q2 25 | 43.8% | 0.1% | ||
| Q1 25 | 33.7% | 0.2% | ||
| Q4 24 | 43.7% | 0.2% | ||
| Q3 24 | 32.9% | 0.1% | ||
| Q2 24 | 30.0% | 0.1% |
现金转化率EQIXROKU
| Q1 26 | — | — | ||
| Q4 25 | 4.32× | 1.34× | ||
| Q3 25 | 2.71× | 5.14× | ||
| Q2 25 | 2.57× | 10.45× | ||
| Q1 25 | 2.36× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.55× | — | ||
| Q2 24 | 3.03× | — |
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
暂无分部数据
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
