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Elastic N.V.（ESTC）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是Elastic N.V.的1.2倍（$521.7M vs $423.5M），SSR MINING INC.净利率更高（34.8% vs -12.1%，领先46.9%），SSR MINING INC.同比增速更快（61.4% vs 15.9%），SSR MINING INC.自由现金流更多（$106.4M vs $26.0M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
ESTC vs SSRM — 直观对比
营收规模更大
SSRM
是对方的1.2倍
$423.5M
营收增速更快
SSRM
高出45.5%
15.9%
净利率更高
SSRM
高出46.9%
-12.1%
自由现金流更多
SSRM
多$80.4M
$26.0M
两年增速更快
SSRM
近两年复合增速
13.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $423.5M | $521.7M |
| 净利润 | $-51.3M | $181.5M |
| 毛利率 | 75.9% | — |
| 营业利润率 | -1.9% | 38.8% |
| 净利率 | -12.1% | 34.8% |
| 营收同比 | 15.9% | 61.4% |
| 净利润同比 | -101.5% | 3166.6% |
| 每股收益（稀释后） | $-0.48 | $0.84 |
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ESTCSSRM
| Q4 25 | $423.5M | $521.7M | ||
| Q3 25 | $415.3M | $385.8M | ||
| Q2 25 | $388.4M | $405.5M | ||
| Q1 25 | $382.1M | $316.6M | ||
| Q4 24 | $365.4M | $323.2M | ||
| Q3 24 | $347.4M | $257.4M | ||
| Q2 24 | $335.0M | $184.8M | ||
| Q1 24 | $328.0M | $230.2M |
净利润ESTCSSRM
| Q4 25 | $-51.3M | $181.5M | ||
| Q3 25 | $-24.6M | $65.4M | ||
| Q2 25 | $-16.4M | $90.1M | ||
| Q1 25 | $-17.1M | $58.8M | ||
| Q4 24 | $-25.4M | $5.6M | ||
| Q3 24 | $-49.2M | $10.6M | ||
| Q2 24 | $-41.1M | $9.7M | ||
| Q1 24 | $176.1M | $-287.1M |
毛利率ESTCSSRM
| 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ESTCSSRM
| Q4 25 | -1.9% | 38.8% | ||
| Q3 25 | -2.3% | 21.6% | ||
| Q2 25 | -3.1% | 26.9% | ||
| Q1 25 | -1.2% | 21.1% | ||
| Q4 24 | -1.2% | 10.6% | ||
| Q3 24 | -9.7% | 3.5% | ||
| Q2 24 | -13.6% | 5.8% | ||
| Q1 24 | -8.1% | -163.5% |
净利率ESTCSSRM
| Q4 25 | -12.1% | 34.8% | ||
| Q3 25 | -5.9% | 17.0% | ||
| Q2 25 | -4.2% | 22.2% | ||
| Q1 25 | -4.5% | 18.6% | ||
| Q4 24 | -7.0% | 1.7% | ||
| Q3 24 | -14.2% | 4.1% | ||
| Q2 24 | -12.3% | 5.2% | ||
| Q1 24 | 53.7% | -124.7% |
每股收益（稀释后）ESTCSSRM
| Q4 25 | $-0.48 | $0.84 | ||
| Q3 25 | $-0.23 | $0.31 | ||
| Q2 25 | $-0.15 | $0.42 | ||
| Q1 25 | $-0.16 | $0.28 | ||
| Q4 24 | $-0.25 | $0.03 | ||
| Q3 24 | $-0.48 | $0.05 | ||
| Q2 24 | $-0.35 | $0.05 | ||
| Q1 24 | $1.69 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | $570.3M | — |
| 股东权益账面价值 | $891.1M | $3.5B |
| 总资产 | $2.5B | $6.1B |
| 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ESTCSSRM
| Q4 25 | $1.4B | $575.6M | ||
| Q3 25 | $1.5B | $445.4M | ||
| Q2 25 | $1.4B | $438.5M | ||
| Q1 25 | $584.0M | $341.3M | ||
| Q4 24 | $658.5M | $417.3M | ||
| Q3 24 | $594.9M | $365.8M | ||
| Q2 24 | $1.1B | $384.4M | ||
| Q1 24 | $526.9M | $492.0M |
总债务ESTCSSRM
| Q4 25 | $570.3M | — | ||
| Q3 25 | $570.0M | — | ||
| Q2 25 | $569.7M | — | ||
| Q1 25 | $569.4M | — | ||
| Q4 24 | $569.2M | $228.6M | ||
| Q3 24 | $568.9M | $228.3M | ||
| Q2 24 | $568.6M | $228.0M | ||
| Q1 24 | $568.3M | $228.7M |
股东权益ESTCSSRM
| Q4 25 | $891.1M | $3.5B | ||
| Q3 25 | $971.4M | $3.3B | ||
| Q2 25 | $927.2M | $3.3B | ||
| Q1 25 | $859.1M | $3.2B | ||
| Q4 24 | $811.5M | $3.1B | ||
| Q3 24 | $759.4M | $3.1B | ||
| Q2 24 | $738.2M | $3.1B | ||
| Q1 24 | $707.8M | $3.1B |
总资产ESTCSSRM
| Q4 25 | $2.5B | $6.1B | ||
| Q3 25 | $2.5B | $5.9B | ||
| Q2 25 | $2.6B | $5.8B | ||
| Q1 25 | $2.3B | $5.6B | ||
| Q4 24 | $2.2B | $5.2B | ||
| Q3 24 | $2.2B | $5.1B | ||
| Q2 24 | $2.2B | $5.2B | ||
| Q1 24 | $2.1B | $5.3B |
负债/权益比ESTCSSRM
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.70× | 0.07× | ||
| Q3 24 | 0.75× | 0.07× | ||
| Q2 24 | 0.77× | 0.07× | ||
| Q1 24 | 0.80× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $26.0M | $106.4M |
| 自由现金流率自由现金流/营收 | 6.1% | 20.4% |
| 资本支出强度资本支出/营收 | 0.1% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 0.95× |
| 过去12个月自由现金流最近4个季度 | $302.3M | $241.6M |
8季度趋势，按日历期对齐
经营现金流ESTCSSRM
| Q4 25 | $26.6M | $172.1M | ||
| Q3 25 | $104.8M | $57.2M | ||
| Q2 25 | $87.0M | $157.8M | ||
| Q1 25 | $88.1M | $84.8M | ||
| Q4 24 | $38.4M | $95.0M | ||
| Q3 24 | $52.8M | $-1.3M | ||
| Q2 24 | $60.9M | $-78.1M | ||
| Q1 24 | $52.4M | $24.6M |
自由现金流ESTCSSRM
| Q4 25 | $26.0M | $106.4M | ||
| Q3 25 | $104.2M | $-2.4M | ||
| Q2 25 | $84.9M | $98.4M | ||
| Q1 25 | $87.3M | $39.3M | ||
| Q4 24 | $37.7M | $56.4M | ||
| Q3 24 | $52.0M | $-34.1M | ||
| Q2 24 | $60.1M | $-116.3M | ||
| Q1 24 | $51.3M | $-9.4M |
自由现金流率ESTCSSRM
| Q4 25 | 6.1% | 20.4% | ||
| Q3 25 | 25.1% | -0.6% | ||
| Q2 25 | 21.8% | 24.3% | ||
| Q1 25 | 22.8% | 12.4% | ||
| Q4 24 | 10.3% | 17.5% | ||
| Q3 24 | 15.0% | -13.2% | ||
| Q2 24 | 17.9% | -62.9% | ||
| Q1 24 | 15.6% | -4.1% |
资本支出强度ESTCSSRM
| Q4 25 | 0.1% | 12.6% | ||
| Q3 25 | 0.2% | 15.4% | ||
| Q2 25 | 0.5% | 14.7% | ||
| Q1 25 | 0.2% | 14.4% | ||
| Q4 24 | 0.2% | 11.9% | ||
| Q3 24 | 0.2% | 12.7% | ||
| Q2 24 | 0.3% | 20.7% | ||
| Q1 24 | 0.3% | 14.8% |
现金转化率ESTCSSRM
| Q4 25 | — | 0.95× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 17.10× | ||
| Q3 24 | — | -0.13× | ||
| Q2 24 | — | -8.06× | ||
| 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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
