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Fastenal（FAST）与TWILIO INC（TWLO）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是TWILIO INC的1.5倍（$2.0B vs $1.4B），Fastenal净利率更高（14.5% vs -3.4%，领先17.9%），TWILIO INC同比增速更快（14.3% vs 3.5%），过去两年TWILIO INC的营收复合增速更高（14.2% vs 2.9%）
Fastenal是1967年成立的美国上市企业，总部位于明尼苏达州威诺纳，是北美最大的紧固件分销商，同时也是工业和建筑用品的主流供应商，可提供货柜备货、智能售货柜、库存管理、物流配送等一站式供应链解决方案。
Twilio是总部位于美国加利福尼亚州旧金山的云通信企业，提供可编程通信工具，用户可通过其网页服务API实现拨打接听电话、收发短信等多种通信功能，方便企业灵活搭建适配自身需求的通信解决方案，降低相关技术的自研投入。
FAST vs TWLO — 直观对比
营收规模更大
FAST
是对方的1.5倍
$1.4B
营收增速更快
TWLO
高出10.8%
3.5%
净利率更高
FAST
高出17.9%
-3.4%
两年增速更快
TWLO
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.4B |
| 净利润 | $293.9M | $-45.9M |
| 毛利率 | 44.3% | 48.5% |
| 营业利润率 | 18.9% | 4.2% |
| 净利率 | 14.5% | -3.4% |
| 营收同比 | 3.5% | 14.3% |
| 净利润同比 | -1.6% | -267.7% |
| 每股收益（稀释后） | $-0.01 | $-0.28 |
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FASTTWLO
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | $1.9B | $1.1B |
净利润FASTTWLO
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $-45.9M | ||
| Q3 25 | $335.5M | $37.2M | ||
| Q2 25 | $330.3M | $22.4M | ||
| Q1 25 | $298.7M | $20.0M | ||
| Q4 24 | $262.1M | $-12.5M | ||
| Q3 24 | $298.1M | $-9.7M | ||
| Q2 24 | $292.7M | $-31.9M |
毛利率FASTTWLO
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 48.5% | ||
| Q3 25 | 45.3% | 48.6% | ||
| Q2 25 | 45.3% | 49.1% | ||
| Q1 25 | 45.1% | 49.6% | ||
| Q4 24 | 44.8% | 50.2% | ||
| Q3 24 | 44.9% | 51.0% | ||
| Q2 24 | 45.1% | 51.3% |
营业利润率FASTTWLO
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | 4.2% | ||
| Q3 25 | 20.7% | 3.1% | ||
| Q2 25 | 21.0% | 3.0% | ||
| Q1 25 | 20.1% | 2.0% | ||
| Q4 24 | 18.9% | 1.1% | ||
| Q3 24 | 20.3% | -0.4% | ||
| Q2 24 | 20.2% | -1.8% |
净利率FASTTWLO
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | -3.4% | ||
| Q3 25 | 15.7% | 2.9% | ||
| Q2 25 | 15.9% | 1.8% | ||
| Q1 25 | 15.2% | 1.7% | ||
| Q4 24 | 14.4% | -1.0% | ||
| Q3 24 | 15.6% | -0.9% | ||
| Q2 24 | 15.3% | -2.9% |
每股收益（稀释后）FASTTWLO
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $-0.28 | ||
| Q3 25 | $0.29 | $0.23 | ||
| Q2 25 | $0.29 | $0.14 | ||
| Q1 25 | $0.52 | $0.12 | ||
| Q4 24 | $0.45 | $-0.10 | ||
| Q3 24 | $0.52 | $-0.06 | ||
| Q2 24 | $0.51 | $-0.19 |
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 | $276.8M | $682.3M |
| 总债务越低越好 | $125.0M | $992.3M |
| 股东权益账面价值 | $3.9B | $7.8B |
| 总资产 | $5.1B | $9.8B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资FASTTWLO
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $682.3M | ||
| Q3 25 | $288.1M | $734.8M | ||
| Q2 25 | $237.8M | $969.2M | ||
| Q1 25 | $231.8M | $467.1M | ||
| Q4 24 | $255.8M | $421.3M | ||
| Q3 24 | $292.2M | $584.0M | ||
| Q2 24 | $255.5M | $755.1M |
总债务FASTTWLO
| Q1 26 | $125.0M | — | ||
| Q4 25 | $125.0M | $992.3M | ||
| Q3 25 | $195.0M | $991.9M | ||
| Q2 25 | $230.0M | $991.4M | ||
| Q1 25 | $200.0M | $991.0M | ||
| Q4 24 | $200.0M | $990.6M | ||
| Q3 24 | $240.0M | $990.2M | ||
| Q2 24 | $235.0M | $989.8M |
股东权益FASTTWLO
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $7.8B | ||
| Q3 25 | $3.9B | $7.9B | ||
| Q2 25 | $3.8B | $8.0B | ||
| Q1 25 | $3.7B | $8.0B | ||
| Q4 24 | $3.6B | $8.0B | ||
| Q3 24 | $3.6B | $8.2B | ||
| Q2 24 | $3.5B | $8.7B |
总资产FASTTWLO
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $9.8B | ||
| Q3 25 | $5.1B | $9.7B | ||
| Q2 25 | $5.0B | $9.8B | ||
| Q1 25 | $4.9B | $9.8B | ||
| Q4 24 | $4.7B | $9.9B | ||
| Q3 24 | $4.7B | $10.0B | ||
| Q2 24 | $4.6B | $10.5B |
负债/权益比FASTTWLO
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.03× | 0.13× | ||
| Q3 25 | 0.05× | 0.13× | ||
| Q2 25 | 0.06× | 0.12× | ||
| Q1 25 | 0.05× | 0.12× | ||
| Q4 24 | 0.06× | 0.12× | ||
| Q3 24 | 0.07× | 0.12× | ||
| Q2 24 | 0.07× | 0.11× |
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 | $368.2M | $271.6M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | — |
| 自由现金流率自由现金流/营收 | 15.2% | — |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 现金转化率经营现金流/净利润 | 1.25× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流FASTTWLO
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $271.6M | ||
| Q3 25 | $386.9M | $263.6M | ||
| Q2 25 | $278.6M | $277.1M | ||
| Q1 25 | $262.2M | $191.0M | ||
| Q4 24 | $282.8M | $108.4M | ||
| Q3 24 | $296.9M | $204.3M | ||
| Q2 24 | $258.0M | $213.3M |
自由现金流FASTTWLO
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | — | ||
| Q3 25 | $326.6M | — | ||
| Q2 25 | $209.3M | — | ||
| Q1 25 | $206.5M | — | ||
| Q4 24 | $222.6M | — | ||
| Q3 24 | $237.5M | — | ||
| Q2 24 | $201.9M | — |
自由现金流率FASTTWLO
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | — | ||
| Q3 25 | 15.3% | — | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 10.5% | — |
资本支出强度FASTTWLO
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 2.9% | — |
现金转化率FASTTWLO
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.15× | 7.08× | ||
| Q2 25 | 0.84× | 12.36× | ||
| Q1 25 | 0.88× | 9.54× | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 0.88× | — |
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
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
TWLO
| US | $879.8M | 64% |
| Non Us | $486.1M | 36% |
