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Elastic N.V.（ESTC）与Nutanix, Inc.（NTNX）财务数据对比。点击上方公司名可切换其他公司
Nutanix, Inc.的季度营收约是Elastic N.V.的1.6倍（$670.6M vs $423.5M），Nutanix, Inc.净利率更高（9.3% vs -12.1%，领先21.4%），Elastic N.V.同比增速更快（15.9% vs 13.5%），Nutanix, Inc.自由现金流更多（$174.5M vs $26.0M），过去两年Elastic N.V.的营收复合增速更高（13.6% vs 8.9%）
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。
Nutanix是美国云计算企业，专注于提供数据中心、混合多云部署相关的软件产品，覆盖虚拟化、Kubernetes容器、数据库即服务、软件定义网络、安全以及文件、对象、块级软件定义存储等领域，助力企业高效搭建与运维云基础设施。
ESTC vs NTNX — 直观对比
营收规模更大
NTNX
是对方的1.6倍
$423.5M
营收增速更快
ESTC
高出2.4%
13.5%
净利率更高
NTNX
高出21.4%
-12.1%
自由现金流更多
NTNX
多$148.5M
$26.0M
两年增速更快
ESTC
近两年复合增速
8.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $423.5M | $670.6M |
| 净利润 | $-51.3M | $62.1M |
| 毛利率 | 75.9% | 87.0% |
| 营业利润率 | -1.9% | 7.4% |
| 净利率 | -12.1% | 9.3% |
| 营收同比 | 15.9% | 13.5% |
| 净利润同比 | -101.5% | 107.5% |
| 每股收益（稀释后） | $-0.48 | $0.21 |
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ESTCNTNX
| Q4 25 | $423.5M | $670.6M | ||
| Q3 25 | $415.3M | $653.3M | ||
| Q2 25 | $388.4M | $639.0M | ||
| Q1 25 | $382.1M | $654.7M | ||
| Q4 24 | $365.4M | $591.0M | ||
| Q3 24 | $347.4M | $548.0M | ||
| Q2 24 | $335.0M | $524.6M | ||
| Q1 24 | $328.0M | $565.2M |
净利润ESTCNTNX
| Q4 25 | $-51.3M | $62.1M | ||
| Q3 25 | $-24.6M | $38.6M | ||
| Q2 25 | $-16.4M | $63.4M | ||
| Q1 25 | $-17.1M | $56.4M | ||
| Q4 24 | $-25.4M | $29.9M | ||
| Q3 24 | $-49.2M | $-126.1M | ||
| Q2 24 | $-41.1M | $-15.6M | ||
| Q1 24 | $176.1M | $32.8M |
毛利率ESTCNTNX
| Q4 25 | 75.9% | 87.0% | ||
| Q3 25 | 76.7% | 87.2% | ||
| Q2 25 | 74.8% | 87.0% | ||
| Q1 25 | 74.6% | 87.0% | ||
| Q4 24 | 74.5% | 86.0% | ||
| Q3 24 | 73.6% | 85.2% | ||
| Q2 24 | 73.8% | 84.8% | ||
| Q1 24 | 74.2% | 85.6% |
营业利润率ESTCNTNX
| Q4 25 | -1.9% | 7.4% | ||
| Q3 25 | -2.3% | 4.8% | ||
| Q2 25 | -3.1% | 7.6% | ||
| Q1 25 | -1.2% | 10.0% | ||
| Q4 24 | -1.2% | 4.6% | ||
| Q3 24 | -9.7% | -2.2% | ||
| Q2 24 | -13.6% | -2.2% | ||
| Q1 24 | -8.1% | 6.6% |
净利率ESTCNTNX
| Q4 25 | -12.1% | 9.3% | ||
| Q3 25 | -5.9% | 5.9% | ||
| Q2 25 | -4.2% | 9.9% | ||
| Q1 25 | -4.5% | 8.6% | ||
| Q4 24 | -7.0% | 5.1% | ||
| Q3 24 | -14.2% | -23.0% | ||
| Q2 24 | -12.3% | -3.0% | ||
| Q1 24 | 53.7% | 5.8% |
每股收益（稀释后）ESTCNTNX
| Q4 25 | $-0.48 | $0.21 | ||
| Q3 25 | $-0.23 | $0.14 | ||
| Q2 25 | $-0.15 | $0.22 | ||
| Q1 25 | $-0.16 | $0.19 | ||
| Q4 24 | $-0.25 | $0.10 | ||
| Q3 24 | $-0.48 | $-0.50 | ||
| Q2 24 | $-0.35 | $-0.06 | ||
| Q1 24 | $1.69 | $0.12 |
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 | $780.4M |
| 总债务越低越好 | $570.3M | — |
| 股东权益账面价值 | $891.1M | $-668.6M |
| 总资产 | $2.5B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资ESTCNTNX
| Q4 25 | $1.4B | $780.4M | ||
| Q3 25 | $1.5B | $769.5M | ||
| Q2 25 | $1.4B | $872.6M | ||
| Q1 25 | $584.0M | $1.1B | ||
| Q4 24 | $658.5M | $716.6M | ||
| Q3 24 | $594.9M | $655.3M | ||
| Q2 24 | $1.1B | $598.0M | ||
| Q1 24 | $526.9M | $679.2M |
总债务ESTCNTNX
| Q4 25 | $570.3M | — | ||
| Q3 25 | $570.0M | — | ||
| Q2 25 | $569.7M | — | ||
| Q1 25 | $569.4M | — | ||
| Q4 24 | $569.2M | — | ||
| Q3 24 | $568.9M | — | ||
| Q2 24 | $568.6M | — | ||
| Q1 24 | $568.3M | — |
股东权益ESTCNTNX
| Q4 25 | $891.1M | $-668.6M | ||
| Q3 25 | $971.4M | $-694.5M | ||
| Q2 25 | $927.2M | $-711.4M | ||
| Q1 25 | $859.1M | $-807.7M | ||
| Q4 24 | $811.5M | $-685.3M | ||
| Q3 24 | $759.4M | $-728.1M | ||
| Q2 24 | $738.2M | $-619.5M | ||
| Q1 24 | $707.8M | $-611.7M |
总资产ESTCNTNX
| Q4 25 | $2.5B | $3.3B | ||
| Q3 25 | $2.5B | $3.3B | ||
| Q2 25 | $2.6B | $3.1B | ||
| Q1 25 | $2.3B | $3.0B | ||
| Q4 24 | $2.2B | $2.2B | ||
| Q3 24 | $2.2B | $2.1B | ||
| Q2 24 | $2.2B | $2.8B | ||
| Q1 24 | $2.1B | $2.7B |
负债/权益比ESTCNTNX
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.75× | — | ||
| Q2 24 | 0.77× | — | ||
| Q1 24 | 0.80× | — |
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 | $196.8M |
| 自由现金流经营现金流 - 资本支出 | $26.0M | $174.5M |
| 自由现金流率自由现金流/营收 | 6.1% | 26.0% |
| 资本支出强度资本支出/营收 | 0.1% | 3.3% |
| 现金转化率经营现金流/净利润 | — | 3.17× |
| 过去12个月自由现金流最近4个季度 | $302.3M | $772.8M |
8季度趋势，按日历期对齐
经营现金流ESTCNTNX
| Q4 25 | $26.6M | $196.8M | ||
| Q3 25 | $104.8M | $219.5M | ||
| Q2 25 | $87.0M | $218.5M | ||
| Q1 25 | $88.1M | $221.7M | ||
| Q4 24 | $38.4M | $161.8M | ||
| Q3 24 | $52.8M | $244.7M | ||
| Q2 24 | $60.9M | $96.4M | ||
| Q1 24 | $52.4M | $186.4M |
自由现金流ESTCNTNX
| Q4 25 | $26.0M | $174.5M | ||
| Q3 25 | $104.2M | $207.8M | ||
| Q2 25 | $84.9M | $203.4M | ||
| Q1 25 | $87.3M | $187.1M | ||
| Q4 24 | $37.7M | $151.9M | ||
| Q3 24 | $52.0M | $224.3M | ||
| Q2 24 | $60.1M | $78.3M | ||
| Q1 24 | $51.3M | $162.6M |
自由现金流率ESTCNTNX
| Q4 25 | 6.1% | 26.0% | ||
| Q3 25 | 25.1% | 31.8% | ||
| Q2 25 | 21.8% | 31.8% | ||
| Q1 25 | 22.8% | 28.6% | ||
| Q4 24 | 10.3% | 25.7% | ||
| Q3 24 | 15.0% | 40.9% | ||
| Q2 24 | 17.9% | 14.9% | ||
| Q1 24 | 15.6% | 28.8% |
资本支出强度ESTCNTNX
| Q4 25 | 0.1% | 3.3% | ||
| Q3 25 | 0.2% | 1.8% | ||
| Q2 25 | 0.5% | 2.4% | ||
| Q1 25 | 0.2% | 5.3% | ||
| Q4 24 | 0.2% | 1.7% | ||
| Q3 24 | 0.2% | 3.7% | ||
| Q2 24 | 0.3% | 3.4% | ||
| Q1 24 | 0.3% | 4.2% |
现金转化率ESTCNTNX
| Q4 25 | — | 3.17× | ||
| Q3 25 | — | 5.68× | ||
| Q2 25 | — | 3.45× | ||
| Q1 25 | — | 3.93× | ||
| Q4 24 | — | 5.41× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.30× | 5.68× |
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% |
NTNX
| Services | $335.5M | 50% |
| Subscriptionand Circulation Software Entitlementand Support Subscription | $320.8M | 48% |
| Other | $14.3M | 2% |
