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Elastic N.V.（ESTC）与FirstCash Holdings, Inc.（FCFS）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是Elastic N.V.的1.2倍（$501.3M vs $423.5M），FirstCash Holdings, Inc.净利率更高（20.8% vs -12.1%，领先32.9%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 15.9%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 13.6%）
Elastic是荷美合资软件企业，2012年成立于荷兰阿姆斯特丹，运营总部分设于荷兰及美国加利福尼亚州旧金山市，于纽交所上市。公司提供企业级搜索、可观测性、网络安全平台，可支持用户实现大规模数据搜索分析、系统性能监测及异常检测。
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
ESTC vs FCFS — 直观对比
营收规模更大
FCFS
是对方的1.2倍
$423.5M
营收增速更快
FCFS
高出5.3%
15.9%
净利率更高
FCFS
高出32.9%
-12.1%
两年增速更快
FCFS
近两年复合增速
13.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $423.5M | $501.3M |
| 净利润 | $-51.3M | $104.2M |
| 毛利率 | 75.9% | — |
| 营业利润率 | -1.9% | 28.5% |
| 净利率 | -12.1% | 20.8% |
| 营收同比 | 15.9% | 21.2% |
| 净利润同比 | -101.5% | 24.7% |
| 每股收益（稀释后） | $-0.48 | $2.35 |
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ESTCFCFS
| Q4 25 | $423.5M | $501.3M | ||
| Q3 25 | $415.3M | $411.0M | ||
| Q2 25 | $388.4M | $385.1M | ||
| Q1 25 | $382.1M | $371.1M | ||
| Q4 24 | $365.4M | $413.7M | ||
| Q3 24 | $347.4M | $363.1M | ||
| Q2 24 | $335.0M | $363.5M | ||
| Q1 24 | $328.0M | $366.8M |
净利润ESTCFCFS
| Q4 25 | $-51.3M | $104.2M | ||
| Q3 25 | $-24.6M | $82.8M | ||
| Q2 25 | $-16.4M | $59.8M | ||
| Q1 25 | $-17.1M | $83.6M | ||
| Q4 24 | $-25.4M | $83.5M | ||
| Q3 24 | $-49.2M | $64.8M | ||
| Q2 24 | $-41.1M | $49.1M | ||
| Q1 24 | $176.1M | $61.4M |
毛利率ESTCFCFS
| Q4 25 | 75.9% | — | ||
| Q3 25 | 76.7% | — | ||
| Q2 25 | 74.8% | — | ||
| Q1 25 | 74.6% | — | ||
| Q4 24 | 74.5% | — | ||
| Q3 24 | 73.6% | — | ||
| Q2 24 | 73.8% | — | ||
| Q1 24 | 74.2% | — |
营业利润率ESTCFCFS
| Q4 25 | -1.9% | 28.5% | ||
| Q3 25 | -2.3% | 27.4% | ||
| Q2 25 | -3.1% | 21.1% | ||
| Q1 25 | -1.2% | 30.0% | ||
| Q4 24 | -1.2% | 26.5% | ||
| Q3 24 | -9.7% | 23.5% | ||
| Q2 24 | -13.6% | 18.2% | ||
| Q1 24 | -8.1% | 22.3% |
净利率ESTCFCFS
| Q4 25 | -12.1% | 20.8% | ||
| Q3 25 | -5.9% | 20.1% | ||
| Q2 25 | -4.2% | 15.5% | ||
| Q1 25 | -4.5% | 22.5% | ||
| Q4 24 | -7.0% | 20.2% | ||
| Q3 24 | -14.2% | 17.9% | ||
| Q2 24 | -12.3% | 13.5% | ||
| Q1 24 | 53.7% | 16.7% |
每股收益（稀释后）ESTCFCFS
| Q4 25 | $-0.48 | $2.35 | ||
| Q3 25 | $-0.23 | $1.86 | ||
| Q2 25 | $-0.15 | $1.34 | ||
| Q1 25 | $-0.16 | $1.87 | ||
| Q4 24 | $-0.25 | $1.86 | ||
| Q3 24 | $-0.48 | $1.44 | ||
| Q2 24 | $-0.35 | $1.08 | ||
| Q1 24 | $1.69 | $1.35 |
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 | $1.4B | $125.2M |
| 总债务越低越好 | $570.3M | $2.2B |
| 股东权益账面价值 | $891.1M | $2.3B |
| 总资产 | $2.5B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.64× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资ESTCFCFS
| Q4 25 | $1.4B | $125.2M | ||
| Q3 25 | $1.5B | $130.2M | ||
| Q2 25 | $1.4B | $101.5M | ||
| Q1 25 | $584.0M | $146.0M | ||
| Q4 24 | $658.5M | $175.1M | ||
| Q3 24 | $594.9M | $106.3M | ||
| Q2 24 | $1.1B | $113.7M | ||
| Q1 24 | $526.9M | $135.1M |
总债务ESTCFCFS
| Q4 25 | $570.3M | $2.2B | ||
| Q3 25 | $570.0M | $2.2B | ||
| Q2 25 | $569.7M | $1.7B | ||
| Q1 25 | $569.4M | $1.7B | ||
| Q4 24 | $569.2M | $1.7B | ||
| Q3 24 | $568.9M | $1.7B | ||
| Q2 24 | $568.6M | $1.7B | ||
| Q1 24 | $568.3M | $1.5B |
股东权益ESTCFCFS
| Q4 25 | $891.1M | $2.3B | ||
| Q3 25 | $971.4M | $2.2B | ||
| Q2 25 | $927.2M | $2.1B | ||
| Q1 25 | $859.1M | $2.1B | ||
| Q4 24 | $811.5M | $2.1B | ||
| Q3 24 | $759.4M | $2.0B | ||
| Q2 24 | $738.2M | $2.0B | ||
| Q1 24 | $707.8M | $2.0B |
总资产ESTCFCFS
| Q4 25 | $2.5B | $5.3B | ||
| Q3 25 | $2.5B | $5.2B | ||
| Q2 25 | $2.6B | $4.5B | ||
| Q1 25 | $2.3B | $4.4B | ||
| Q4 24 | $2.2B | $4.5B | ||
| Q3 24 | $2.2B | $4.4B | ||
| Q2 24 | $2.2B | $4.3B | ||
| Q1 24 | $2.1B | $4.2B |
负债/权益比ESTCFCFS
| Q4 25 | 0.64× | 0.98× | ||
| Q3 25 | 0.59× | 1.01× | ||
| Q2 25 | 0.61× | 0.79× | ||
| Q1 25 | 0.66× | 0.83× | ||
| Q4 24 | 0.70× | 0.85× | ||
| Q3 24 | 0.75× | 0.87× | ||
| Q2 24 | 0.77× | 0.85× | ||
| Q1 24 | 0.80× | 0.75× |
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 | $26.6M | $206.6M |
| 自由现金流经营现金流 - 资本支出 | $26.0M | — |
| 自由现金流率自由现金流/营收 | 6.1% | — |
| 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 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | $302.3M | — |
8季度趋势，按日历期对齐
经营现金流ESTCFCFS
| Q4 25 | $26.6M | $206.6M | ||
| Q3 25 | $104.8M | $135.8M | ||
| Q2 25 | $87.0M | $116.9M | ||
| Q1 25 | $88.1M | $126.6M | ||
| Q4 24 | $38.4M | $198.1M | ||
| Q3 24 | $52.8M | $113.1M | ||
| Q2 24 | $60.9M | $106.2M | ||
| Q1 24 | $52.4M | $122.5M |
自由现金流ESTCFCFS
| Q4 25 | $26.0M | — | ||
| Q3 25 | $104.2M | — | ||
| Q2 25 | $84.9M | — | ||
| Q1 25 | $87.3M | — | ||
| Q4 24 | $37.7M | — | ||
| Q3 24 | $52.0M | — | ||
| Q2 24 | $60.1M | — | ||
| Q1 24 | $51.3M | — |
自由现金流率ESTCFCFS
| Q4 25 | 6.1% | — | ||
| Q3 25 | 25.1% | — | ||
| Q2 25 | 21.8% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 10.3% | — | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 17.9% | — | ||
| Q1 24 | 15.6% | — |
资本支出强度ESTCFCFS
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.3% | — |
现金转化率ESTCFCFS
| Q4 25 | — | 1.98× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | — | 1.95× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | 2.37× | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 2.16× | ||
| Q1 24 | 0.30× | 2.00× |
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
ESTC
| Self Managed Subscription | $192.0M | 45% |
| Saa S Self Managed Annual | $156.9M | 37% |
| Saa S Self Managed Monthly | $48.8M | 12% |
| Professional Services | $25.8M | 6% |
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
