vs
Elastic N.V.（ESTC）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是Elastic N.V.的1.1倍（$461.6M vs $423.5M），RBC Bearings INC净利率更高（14.6% vs -12.1%，领先26.7%），RBC Bearings INC同比增速更快（17.0% vs 15.9%），RBC Bearings INC自由现金流更多（$99.1M vs $26.0M），过去两年Elastic N.V.的营收复合增速更高（13.6% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
ESTC vs RBC — 直观对比
营收规模更大
RBC
是对方的1.1倍
$423.5M
营收增速更快
RBC
高出1.1%
15.9%
净利率更高
RBC
高出26.7%
-12.1%
自由现金流更多
RBC
多$73.1M
$26.0M
两年增速更快
ESTC
近两年复合增速
5.6%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $423.5M | $461.6M |
| 净利润 | $-51.3M | $67.4M |
| 毛利率 | 75.9% | 44.3% |
| 营业利润率 | -1.9% | 22.3% |
| 净利率 | -12.1% | 14.6% |
| 营收同比 | 15.9% | 17.0% |
| 净利润同比 | -101.5% | 16.4% |
| 每股收益（稀释后） | $-0.48 | $2.13 |
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ESTCRBC
| Q4 25 | $423.5M | $461.6M | ||
| Q3 25 | $415.3M | $455.3M | ||
| Q2 25 | $388.4M | $436.0M | ||
| Q1 25 | $382.1M | $437.7M | ||
| Q4 24 | $365.4M | $394.4M | ||
| Q3 24 | $347.4M | $397.9M | ||
| Q2 24 | $335.0M | $406.3M | ||
| Q1 24 | $328.0M | $413.7M |
净利润ESTCRBC
| Q4 25 | $-51.3M | $67.4M | ||
| Q3 25 | $-24.6M | $60.0M | ||
| Q2 25 | $-16.4M | $68.5M | ||
| Q1 25 | $-17.1M | $72.7M | ||
| Q4 24 | $-25.4M | $57.9M | ||
| Q3 24 | $-49.2M | $54.2M | ||
| Q2 24 | $-41.1M | $61.4M | ||
| Q1 24 | $176.1M | — |
毛利率ESTCRBC
| Q4 25 | 75.9% | 44.3% | ||
| Q3 25 | 76.7% | 44.1% | ||
| Q2 25 | 74.8% | 44.8% | ||
| Q1 25 | 74.6% | 44.2% | ||
| Q4 24 | 74.5% | 44.3% | ||
| Q3 24 | 73.6% | 43.7% | ||
| Q2 24 | 73.8% | 45.3% | ||
| Q1 24 | 74.2% | 43.1% |
营业利润率ESTCRBC
| Q4 25 | -1.9% | 22.3% | ||
| Q3 25 | -2.3% | 21.5% | ||
| Q2 25 | -3.1% | 23.2% | ||
| Q1 25 | -1.2% | 23.0% | ||
| Q4 24 | -1.2% | 21.7% | ||
| Q3 24 | -9.7% | 21.6% | ||
| Q2 24 | -13.6% | 24.0% | ||
| Q1 24 | -8.1% | 22.8% |
净利率ESTCRBC
| Q4 25 | -12.1% | 14.6% | ||
| Q3 25 | -5.9% | 13.2% | ||
| Q2 25 | -4.2% | 15.7% | ||
| Q1 25 | -4.5% | 16.6% | ||
| Q4 24 | -7.0% | 14.7% | ||
| Q3 24 | -14.2% | 13.6% | ||
| Q2 24 | -12.3% | 15.1% | ||
| Q1 24 | 53.7% | — |
每股收益（稀释后）ESTCRBC
| Q4 25 | $-0.48 | $2.13 | ||
| Q3 25 | $-0.23 | $1.90 | ||
| Q2 25 | $-0.15 | $2.17 | ||
| Q1 25 | $-0.16 | $2.33 | ||
| Q4 24 | $-0.25 | $1.82 | ||
| Q3 24 | $-0.48 | $1.65 | ||
| Q2 24 | $-0.35 | $1.90 | ||
| Q1 24 | $1.69 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $570.3M | $990.2M |
| 股东权益账面价值 | $891.1M | $3.3B |
| 总资产 | $2.5B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.64× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资ESTCRBC
| Q4 25 | $1.4B | $107.6M | ||
| Q3 25 | $1.5B | $91.2M | ||
| Q2 25 | $1.4B | $132.9M | ||
| Q1 25 | $584.0M | $36.8M | ||
| Q4 24 | $658.5M | — | ||
| Q3 24 | $594.9M | — | ||
| Q2 24 | $1.1B | $76.8M | ||
| Q1 24 | $526.9M | $63.5M |
总债务ESTCRBC
| Q4 25 | $570.3M | $990.2M | ||
| Q3 25 | $570.0M | $1.1B | ||
| Q2 25 | $569.7M | $915.6M | ||
| Q1 25 | $569.4M | $920.1M | ||
| Q4 24 | $569.2M | — | ||
| Q3 24 | $568.9M | — | ||
| Q2 24 | $568.6M | — | ||
| Q1 24 | $568.3M | $1.2B |
股东权益ESTCRBC
| Q4 25 | $891.1M | $3.3B | ||
| Q3 25 | $971.4M | $3.2B | ||
| Q2 25 | $927.2M | $3.1B | ||
| Q1 25 | $859.1M | $3.0B | ||
| Q4 24 | $811.5M | $2.9B | ||
| Q3 24 | $759.4M | $2.9B | ||
| Q2 24 | $738.2M | $2.8B | ||
| Q1 24 | $707.8M | $2.8B |
总资产ESTCRBC
| Q4 25 | $2.5B | $5.1B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $2.6B | $4.8B | ||
| Q1 25 | $2.3B | $4.7B | ||
| Q4 24 | $2.2B | $4.7B | ||
| Q3 24 | $2.2B | $4.7B | ||
| Q2 24 | $2.2B | $4.7B | ||
| Q1 24 | $2.1B | $4.7B |
负债/权益比ESTCRBC
| Q4 25 | 0.64× | 0.30× | ||
| Q3 25 | 0.59× | 0.34× | ||
| Q2 25 | 0.61× | 0.29× | ||
| Q1 25 | 0.66× | 0.30× | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.75× | — | ||
| Q2 24 | 0.77× | — | ||
| Q1 24 | 0.80× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $26.0M | $99.1M |
| 自由现金流率自由现金流/营收 | 6.1% | 21.5% |
| 资本支出强度资本支出/营收 | 0.1% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 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ESTCRBC
| Q4 25 | $26.6M | $122.1M | ||
| Q3 25 | $104.8M | $88.4M | ||
| Q2 25 | $87.0M | $120.0M | ||
| Q1 25 | $88.1M | — | ||
| Q4 24 | $38.4M | $84.0M | ||
| Q3 24 | $52.8M | — | ||
| Q2 24 | $60.9M | $97.4M | ||
| Q1 24 | $52.4M | — |
自由现金流ESTCRBC
| Q4 25 | $26.0M | $99.1M | ||
| Q3 25 | $104.2M | $71.7M | ||
| Q2 25 | $84.9M | $104.3M | ||
| Q1 25 | $87.3M | — | ||
| Q4 24 | $37.7M | $73.6M | ||
| Q3 24 | $52.0M | — | ||
| Q2 24 | $60.1M | $88.4M | ||
| Q1 24 | $51.3M | — |
自由现金流率ESTCRBC
| Q4 25 | 6.1% | 21.5% | ||
| Q3 25 | 25.1% | 15.7% | ||
| Q2 25 | 21.8% | 23.9% | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 10.3% | 18.7% | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 17.9% | 21.8% | ||
| Q1 24 | 15.6% | — |
资本支出强度ESTCRBC
| Q4 25 | 0.1% | 5.0% | ||
| Q3 25 | 0.2% | 3.7% | ||
| Q2 25 | 0.5% | 3.6% | ||
| Q1 25 | 0.2% | 3.2% | ||
| Q4 24 | 0.2% | 2.6% | ||
| Q3 24 | 0.2% | 4.1% | ||
| Q2 24 | 0.3% | 2.2% | ||
| Q1 24 | 0.3% | — |
现金转化率ESTCRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | 0.30× | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
