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EXTREME NETWORKS INC（EXTR）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
EXTREME NETWORKS INC的季度营收约是Forestar Group Inc.的1.2倍（$316.9M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs 3.3%，领先2.3%），EXTREME NETWORKS INC同比增速更快（11.4% vs 9.0%），EXTREME NETWORKS INC自由现金流更多（$7.8M vs $-157.1M），过去两年EXTREME NETWORKS INC的营收复合增速更高（11.1% vs -9.6%）
Extreme Networks是一家总部位于美国北卡罗来纳州莫里斯维尔的网络技术企业，专注于设计、研发和生产有线及无线网络基础设施设备，同时开发用于网络管理、策略管控、数据分析、安全防护及访问控制的相关软件，为各行业客户提供高效的网络解决方案。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
EXTR vs FOR — 直观对比
营收规模更大
EXTR
是对方的1.2倍
$273.0M
营收增速更快
EXTR
高出2.4%
9.0%
净利率更高
FOR
高出2.3%
3.3%
自由现金流更多
EXTR
多$164.9M
$-157.1M
两年增速更快
EXTR
近两年复合增速
-9.6%
损益表 — Q4 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $316.9M | $273.0M |
| 净利润 | $10.6M | $15.4M |
| 毛利率 | 61.7% | 20.1% |
| 营业利润率 | 5.5% | 7.6% |
| 净利率 | 3.3% | 5.6% |
| 营收同比 | 11.4% | 9.0% |
| 净利润同比 | 202.9% | -6.7% |
| 每股收益（稀释后） | $0.08 | $0.30 |
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EXTRFOR
| Q2 26 | $316.9M | — | ||
| Q4 25 | $317.9M | $273.0M | ||
| Q3 25 | $310.2M | $670.5M | ||
| Q2 25 | $307.0M | $390.5M | ||
| Q1 25 | $284.5M | $351.0M | ||
| Q4 24 | $279.4M | $250.4M | ||
| Q3 24 | $269.2M | $551.3M | ||
| Q2 24 | $256.7M | $318.4M |
净利润EXTRFOR
| Q2 26 | $10.6M | — | ||
| Q4 25 | $7.9M | $15.4M | ||
| Q3 25 | $5.6M | $86.9M | ||
| Q2 25 | $-7.8M | $32.9M | ||
| Q1 25 | $3.5M | $31.6M | ||
| Q4 24 | $7.4M | $16.5M | ||
| Q3 24 | $-10.5M | $81.5M | ||
| Q2 24 | $-54.2M | $38.7M |
毛利率EXTRFOR
| Q2 26 | 61.7% | — | ||
| Q4 25 | 61.4% | 20.1% | ||
| Q3 25 | 60.6% | 22.3% | ||
| Q2 25 | 61.6% | 20.4% | ||
| Q1 25 | 61.7% | 22.6% | ||
| Q4 24 | 62.7% | 22.0% | ||
| Q3 24 | 63.0% | 23.9% | ||
| Q2 24 | 44.7% | 22.5% |
营业利润率EXTRFOR
| Q2 26 | 5.5% | — | ||
| Q4 25 | 4.1% | 7.6% | ||
| Q3 25 | 3.6% | 16.9% | ||
| Q2 25 | -0.4% | 11.2% | ||
| Q1 25 | 3.6% | 11.6% | ||
| Q4 24 | 4.5% | 8.7% | ||
| Q3 24 | -1.8% | 19.7% | ||
| Q2 24 | -19.1% | 16.2% |
净利率EXTRFOR
| Q2 26 | 3.3% | — | ||
| Q4 25 | 2.5% | 5.6% | ||
| Q3 25 | 1.8% | 13.0% | ||
| Q2 25 | -2.5% | 8.4% | ||
| Q1 25 | 1.2% | 9.0% | ||
| Q4 24 | 2.6% | 6.6% | ||
| Q3 24 | -3.9% | 14.8% | ||
| Q2 24 | -21.1% | 12.2% |
每股收益（稀释后）EXTRFOR
| Q2 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $0.30 | ||
| Q3 25 | $0.04 | $1.70 | ||
| Q2 25 | $-0.07 | $0.65 | ||
| Q1 25 | $0.03 | $0.62 | ||
| Q4 24 | $0.06 | $0.32 | ||
| Q3 24 | $-0.08 | $1.59 | ||
| Q2 24 | $-0.40 | $0.76 |
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 | $210.1M | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | — | $1.8B |
| 总资产 | $1.2B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资EXTRFOR
| Q2 26 | $210.1M | — | ||
| Q4 25 | $219.8M | $211.7M | ||
| Q3 25 | $209.0M | $379.2M | ||
| Q2 25 | $231.7M | $189.2M | ||
| Q1 25 | $185.5M | $174.3M | ||
| Q4 24 | $170.3M | $132.0M | ||
| Q3 24 | $159.5M | $481.2M | ||
| Q2 24 | $156.7M | $359.2M |
总债务EXTRFOR
| Q2 26 | — | — | ||
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | $180.0M | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | $190.0M | $706.1M |
股东权益EXTRFOR
| Q2 26 | — | — | ||
| Q4 25 | $95.9M | $1.8B | ||
| Q3 25 | $68.6M | $1.8B | ||
| Q2 25 | $65.6M | $1.7B | ||
| Q1 25 | $71.7M | $1.6B | ||
| Q4 24 | $51.2M | $1.6B | ||
| Q3 24 | $32.7M | $1.6B | ||
| Q2 24 | $25.3M | $1.5B |
总资产EXTRFOR
| Q2 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $3.2B | ||
| Q3 25 | $1.2B | $3.1B | ||
| Q2 25 | $1.2B | $3.1B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.1B | $3.0B | ||
| Q3 24 | $1.1B | $2.8B | ||
| Q2 24 | $1.0B | $2.7B |
负债/权益比EXTRFOR
| Q2 26 | — | — | ||
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | 2.74× | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | 7.52× | 0.47× |
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 | $50.3M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $7.8M | $-157.1M |
| 自由现金流率自由现金流/营收 | 2.5% | -57.5% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 现金转化率经营现金流/净利润 | 4.75× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $105.3M | $93.0M |
8季度趋势，按日历期对齐
经营现金流EXTRFOR
| Q2 26 | $50.3M | — | ||
| Q4 25 | $50.1M | $-157.0M | ||
| Q3 25 | $-14.0M | $256.3M | ||
| Q2 25 | $81.9M | $15.8M | ||
| Q1 25 | $30.0M | $-19.8M | ||
| Q4 24 | $21.5M | $-450.0M | ||
| Q3 24 | $18.6M | $119.2M | ||
| Q2 24 | $15.5M | $-61.7M |
自由现金流EXTRFOR
| Q2 26 | $7.8M | — | ||
| Q4 25 | $43.0M | $-157.1M | ||
| Q3 25 | $-20.9M | $255.6M | ||
| Q2 25 | $75.3M | $15.0M | ||
| Q1 25 | $24.2M | $-20.5M | ||
| Q4 24 | $16.1M | — | ||
| Q3 24 | $11.7M | $118.4M | ||
| Q2 24 | $11.0M | $-62.3M |
自由现金流率EXTRFOR
| Q2 26 | 2.5% | — | ||
| Q4 25 | 13.5% | -57.5% | ||
| Q3 25 | -6.7% | 38.1% | ||
| Q2 25 | 24.5% | 3.8% | ||
| Q1 25 | 8.5% | -5.8% | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 4.3% | 21.5% | ||
| Q2 24 | 4.3% | -19.6% |
资本支出强度EXTRFOR
| Q2 26 | — | — | ||
| Q4 25 | 2.2% | 0.0% | ||
| Q3 25 | 2.2% | 0.1% | ||
| Q2 25 | 2.2% | 0.2% | ||
| Q1 25 | 2.0% | 0.2% | ||
| Q4 24 | 1.9% | 0.0% | ||
| Q3 24 | 2.6% | 0.1% | ||
| Q2 24 | 1.7% | 0.2% |
现金转化率EXTRFOR
| Q2 26 | 4.75× | — | ||
| Q4 25 | 6.37× | -10.19× | ||
| Q3 25 | -2.49× | 2.95× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | 8.67× | -0.63× | ||
| Q4 24 | 2.92× | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | — | -1.59× |
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
EXTR
| Product | $199.4M | 63% |
| Subscription and support | $117.5M | 37% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
