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F5, Inc.（FFIV）与FuboTV Inc.（FUBO）财务数据对比。点击上方公司名可切换其他公司
FuboTV Inc.的季度营收约是F5, Inc.的1.9倍（$1.5B vs $822.5M），F5, Inc.净利率更高（21.9% vs -0.4%，领先22.3%），FuboTV Inc.同比增速更快（249.4% vs 7.3%），F5, Inc.自由现金流更多（$149.5M vs $-200.8M），过去两年FuboTV Inc.的营收复合增速更高（94.3% vs 9.9%）
F5, Inc.是一家美国科技企业，专注于应用安全、多云管理、线上反欺诈、应用交付网络（ADN）相关业务，同时提供应用可用性与性能优化、网络安全、访问授权管理等产品及解决方案，助力各行业客户保障数字化业务稳定运营，提升运行效率。
FuboTV Inc.（简称Fubo）是源自美国的互联网体育流媒体服务商，业务覆盖美国、加拿大与西班牙地区。该平台主打各类直播体育内容，可提供英超、NFL、MLB、NBA、NHL、MLS等各大主流顶级体育赛事转播，同时也涵盖新闻、剧集等综合影视娱乐内容。
FFIV vs FUBO — 直观对比
营收规模更大
FUBO
是对方的1.9倍
$822.5M
营收增速更快
FUBO
高出242.1%
7.3%
净利率更高
FFIV
高出22.3%
-0.4%
自由现金流更多
FFIV
多$350.3M
$-200.8M
两年增速更快
FUBO
近两年复合增速
9.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $822.5M | $1.5B |
| 净利润 | $180.1M | $-6.0M |
| 毛利率 | 81.5% | — |
| 营业利润率 | 26.0% | -1.3% |
| 净利率 | 21.9% | -0.4% |
| 营收同比 | 7.3% | 249.4% |
| 净利润同比 | 8.2% | 84.5% |
| 每股收益（稀释后） | $3.10 | $-0.02 |
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FFIVFUBO
| Q4 25 | $822.5M | $1.5B | ||
| Q3 25 | $810.1M | $377.2M | ||
| Q2 25 | $780.4M | $380.0M | ||
| Q1 25 | $731.1M | $416.3M | ||
| Q4 24 | $766.5M | — | ||
| Q3 24 | $746.7M | $386.2M | ||
| Q2 24 | $695.5M | $391.0M | ||
| Q1 24 | $681.4M | $402.3M |
净利润FFIVFUBO
| Q4 25 | $180.1M | $-6.0M | ||
| Q3 25 | $190.5M | $-18.9M | ||
| Q2 25 | $189.9M | $-8.0M | ||
| Q1 25 | $145.5M | $188.5M | ||
| Q4 24 | $166.4M | — | ||
| Q3 24 | $165.3M | $-52.4M | ||
| Q2 24 | $144.1M | $-25.3M | ||
| Q1 24 | $119.0M | $-56.0M |
毛利率FFIVFUBO
| Q4 25 | 81.5% | — | ||
| Q3 25 | 82.2% | — | ||
| Q2 25 | 81.0% | — | ||
| Q1 25 | 80.7% | — | ||
| Q4 24 | 81.7% | — | ||
| Q3 24 | 80.8% | — | ||
| Q2 24 | 80.4% | — | ||
| Q1 24 | 79.3% | — |
营业利润率FFIVFUBO
| Q4 25 | 26.0% | -1.3% | ||
| Q3 25 | 25.4% | -5.3% | ||
| Q2 25 | 25.2% | -1.6% | ||
| Q1 25 | 21.7% | -6.1% | ||
| Q4 24 | 26.8% | — | ||
| Q3 24 | 25.6% | -15.2% | ||
| Q2 24 | 23.4% | -9.1% | ||
| Q1 24 | 20.5% | -15.7% |
净利率FFIVFUBO
| Q4 25 | 21.9% | -0.4% | ||
| Q3 25 | 23.5% | -5.0% | ||
| Q2 25 | 24.3% | -2.1% | ||
| Q1 25 | 19.9% | 45.3% | ||
| Q4 24 | 21.7% | — | ||
| Q3 24 | 22.1% | -13.6% | ||
| Q2 24 | 20.7% | -6.5% | ||
| Q1 24 | 17.5% | -13.9% |
每股收益（稀释后）FFIVFUBO
| Q4 25 | $3.10 | $-0.02 | ||
| Q3 25 | $3.25 | $-0.06 | ||
| Q2 25 | $3.25 | $-0.02 | ||
| Q1 25 | $2.48 | $0.55 | ||
| Q4 24 | $2.82 | — | ||
| Q3 24 | $2.79 | $-0.16 | ||
| Q2 24 | $2.44 | $-0.08 | ||
| Q1 24 | $2.00 | $-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 | $1.2B | $452.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5B | $275.5M |
| 总资产 | $6.3B | $4.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FFIVFUBO
| Q4 25 | $1.2B | $452.4M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.4B | $283.6M | ||
| Q1 25 | $1.3B | $321.6M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.1B | $146.2M | ||
| Q2 24 | $935.6M | $155.2M | ||
| Q1 24 | $903.5M | $168.9M |
股东权益FFIVFUBO
| Q4 25 | $3.5B | $275.5M | ||
| Q3 25 | $3.6B | $915.3M | ||
| Q2 25 | $3.5B | $400.4M | ||
| Q1 25 | $3.3B | $389.0M | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.1B | $905.3M | ||
| Q2 24 | $3.0B | $254.2M | ||
| Q1 24 | $2.9B | $236.1M |
总资产FFIVFUBO
| Q4 25 | $6.3B | $4.1B | ||
| Q3 25 | $6.3B | $1.3B | ||
| Q2 25 | $6.1B | $1.2B | ||
| Q1 25 | $5.9B | $1.2B | ||
| Q4 24 | $5.9B | — | ||
| Q3 24 | $5.6B | $1.1B | ||
| Q2 24 | $5.4B | $1.1B | ||
| Q1 24 | $5.4B | $1.1B |
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 | $159.2M | $-200.3M |
| 自由现金流经营现金流 - 资本支出 | $149.5M | $-200.8M |
| 自由现金流率自由现金流/营收 | 18.2% | -13.0% |
| 资本支出强度资本支出/营收 | 1.2% | 0.0% |
| 现金转化率经营现金流/净利润 | 0.88× | — |
| 过去12个月自由现金流最近4个季度 | $861.2M | $-81.3M |
8季度趋势，按日历期对齐
经营现金流FFIVFUBO
| Q4 25 | $159.2M | $-200.3M | ||
| Q3 25 | $208.1M | $-6.5M | ||
| Q2 25 | $282.2M | $-34.6M | ||
| Q1 25 | $256.6M | $161.4M | ||
| Q4 24 | $202.8M | — | ||
| Q3 24 | $246.5M | $235.0K | ||
| Q2 24 | $159.0M | $-32.3M | ||
| Q1 24 | $221.6M | $-67.3M |
自由现金流FFIVFUBO
| Q4 25 | $149.5M | $-200.8M | ||
| Q3 25 | $191.9M | $-6.5M | ||
| Q2 25 | $273.7M | $-35.0M | ||
| Q1 25 | $246.1M | $161.1M | ||
| Q4 24 | $194.7M | — | ||
| Q3 24 | $240.4M | $-1.3M | ||
| Q2 24 | $153.1M | $-32.5M | ||
| Q1 24 | $212.2M | $-67.4M |
自由现金流率FFIVFUBO
| Q4 25 | 18.2% | -13.0% | ||
| Q3 25 | 23.7% | -1.7% | ||
| Q2 25 | 35.1% | -9.2% | ||
| Q1 25 | 33.7% | 38.7% | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 32.2% | -0.3% | ||
| Q2 24 | 22.0% | -8.3% | ||
| Q1 24 | 31.1% | -16.7% |
资本支出强度FFIVFUBO
| Q4 25 | 1.2% | 0.0% | ||
| Q3 25 | 2.0% | 0.0% | ||
| Q2 25 | 1.1% | 0.1% | ||
| Q1 25 | 1.4% | 0.1% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.8% | 0.4% | ||
| Q2 24 | 0.8% | 0.1% | ||
| Q1 24 | 1.4% | 0.0% |
现金转化率FFIVFUBO
| Q4 25 | 0.88× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.76× | 0.86× | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.10× | — | ||
| Q1 24 | 1.86× | — |
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
FFIV
| Services | $412.2M | 50% |
| Products | $410.3M | 50% |
FUBO
| Related Party | $1.2B | 75% |
| Subscription And Advertising | $377.9M | 24% |
