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F5, Inc.（FFIV）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
F5, Inc.的季度营收约是六旗的3.6倍（$811.7M vs $225.6M），F5, Inc.净利率更高（18.2% vs -119.0%，领先137.3%），六旗同比增速更快（11.7% vs 11.0%）
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。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
FFIV vs FUN — 直观对比
营收规模更大
FFIV
是对方的3.6倍
$225.6M
营收增速更快
FUN
高出0.6%
11.0%
净利率更高
FFIV
高出137.3%
-119.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $811.7M | $225.6M |
| 净利润 | $148.0M | $-268.6M |
| 毛利率 | 81.4% | — |
| 营业利润率 | 22.1% | — |
| 净利率 | 18.2% | -119.0% |
| 营收同比 | 11.0% | 11.7% |
| 净利润同比 | 1.5% | -22.2% |
| 每股收益（稀释后） | $2.58 | — |
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FFIVFUN
| Q1 26 | $811.7M | $225.6M | ||
| Q4 25 | $822.5M | $650.1M | ||
| Q3 25 | $810.1M | $1.3B | ||
| Q2 25 | $780.4M | $930.4M | ||
| Q1 25 | $731.1M | $202.1M | ||
| Q4 24 | $766.5M | — | ||
| Q3 24 | $746.7M | $1.3B | ||
| Q2 24 | $695.5M | $571.6M |
净利润FFIVFUN
| Q1 26 | $148.0M | $-268.6M | ||
| Q4 25 | $180.1M | $-92.4M | ||
| Q3 25 | $190.5M | $-1.2B | ||
| Q2 25 | $189.9M | $-99.6M | ||
| Q1 25 | $145.5M | $-219.7M | ||
| Q4 24 | $166.4M | — | ||
| Q3 24 | $165.3M | $111.0M | ||
| Q2 24 | $144.1M | $55.6M |
毛利率FFIVFUN
| Q1 26 | 81.4% | — | ||
| Q4 25 | 81.5% | 91.4% | ||
| Q3 25 | 82.2% | 91.6% | ||
| Q2 25 | 81.0% | 91.3% | ||
| Q1 25 | 80.7% | 89.3% | ||
| Q4 24 | 81.7% | — | ||
| Q3 24 | 80.8% | 91.9% | ||
| Q2 24 | 80.4% | 90.7% |
营业利润率FFIVFUN
| Q1 26 | 22.1% | — | ||
| Q4 25 | 26.0% | -3.8% | ||
| Q3 25 | 25.4% | -83.7% | ||
| Q2 25 | 25.2% | 8.0% | ||
| Q1 25 | 21.7% | -158.9% | ||
| Q4 24 | 26.8% | — | ||
| Q3 24 | 25.6% | 19.5% | ||
| Q2 24 | 23.4% | 21.6% |
净利率FFIVFUN
| Q1 26 | 18.2% | -119.0% | ||
| Q4 25 | 21.9% | -14.2% | ||
| Q3 25 | 23.5% | -90.1% | ||
| Q2 25 | 24.3% | -10.7% | ||
| Q1 25 | 19.9% | -108.7% | ||
| Q4 24 | 21.7% | — | ||
| Q3 24 | 22.1% | 8.2% | ||
| Q2 24 | 20.7% | 9.7% |
每股收益（稀释后）FFIVFUN
| Q1 26 | $2.58 | — | ||
| Q4 25 | $3.10 | $-0.93 | ||
| Q3 25 | $3.25 | $-11.77 | ||
| Q2 25 | $3.25 | $-0.99 | ||
| Q1 25 | $2.48 | $-2.20 | ||
| Q4 24 | $2.82 | — | ||
| Q3 24 | $2.79 | $1.10 | ||
| Q2 24 | $2.44 | — |
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 | $116.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $279.2M |
| 总资产 | $6.5B | $7.7B |
| 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FFIVFUN
| Q1 26 | $1.4B | $116.5M | ||
| Q4 25 | $1.2B | $91.1M | ||
| Q3 25 | $1.3B | $70.7M | ||
| Q2 25 | $1.4B | $107.4M | ||
| Q1 25 | $1.3B | $61.5M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.1B | $89.7M | ||
| Q2 24 | $935.6M | $52.9M |
总债务FFIVFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益FFIVFUN
| Q1 26 | $3.6B | $279.2M | ||
| Q4 25 | $3.5B | $549.8M | ||
| Q3 25 | $3.6B | $614.3M | ||
| Q2 25 | $3.5B | $1.8B | ||
| Q1 25 | $3.3B | $1.8B | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.1B | $2.3B | ||
| Q2 24 | $3.0B | — |
总资产FFIVFUN
| Q1 26 | $6.5B | $7.7B | ||
| Q4 25 | $6.3B | $7.8B | ||
| Q3 25 | $6.3B | $7.9B | ||
| Q2 25 | $6.1B | $9.5B | ||
| Q1 25 | $5.9B | $9.2B | ||
| Q4 24 | $5.9B | — | ||
| Q3 24 | $5.6B | $9.4B | ||
| Q2 24 | $5.4B | $2.3B |
负债/权益比FFIVFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | — | — |
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 | $525.1M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 3.55× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FFIVFUN
| Q1 26 | $525.1M | — | ||
| Q4 25 | $159.2M | $-37.7M | ||
| Q3 25 | $208.1M | $356.2M | ||
| Q2 25 | $282.2M | $187.0M | ||
| Q1 25 | $256.6M | $-178.0M | ||
| Q4 24 | $202.8M | — | ||
| Q3 24 | $246.5M | $337.4M | ||
| Q2 24 | $159.0M | — |
自由现金流FFIVFUN
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $-109.3M | ||
| Q3 25 | $191.9M | $256.2M | ||
| Q2 25 | $273.7M | $18.8M | ||
| Q1 25 | $246.1M | $-318.0M | ||
| Q4 24 | $194.7M | — | ||
| Q3 24 | $240.4M | $227.7M | ||
| Q2 24 | $153.1M | — |
自由现金流率FFIVFUN
| Q1 26 | — | — | ||
| Q4 25 | 18.2% | -16.8% | ||
| Q3 25 | 23.7% | 19.4% | ||
| Q2 25 | 35.1% | 2.0% | ||
| Q1 25 | 33.7% | -157.4% | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 32.2% | 16.9% | ||
| Q2 24 | 22.0% | — |
资本支出强度FFIVFUN
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 11.0% | ||
| Q3 25 | 2.0% | 7.6% | ||
| Q2 25 | 1.1% | 18.1% | ||
| Q1 25 | 1.4% | 69.3% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.8% | 8.1% | ||
| Q2 24 | 0.8% | — |
现金转化率FFIVFUN
| Q1 26 | 3.55× | — | ||
| Q4 25 | 0.88× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 1.49× | 3.04× | ||
| Q2 24 | 1.10× | — |
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
暂无分部数据
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
