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F5, Inc.（FFIV）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是F5, Inc.的1.1倍（$862.2M vs $811.7M），F5, Inc.净利率更高（18.2% vs 7.1%，领先11.2%），F5, Inc.同比增速更快（11.0% vs 4.3%），过去两年F5, Inc.的营收复合增速更高（8.0% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
FFIV vs MAT — 直观对比
营收规模更大
MAT
是对方的1.1倍
$811.7M
营收增速更快
FFIV
高出6.7%
4.3%
净利率更高
FFIV
高出11.2%
7.1%
两年增速更快
FFIV
近两年复合增速
-10.6%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $811.7M | $862.2M |
| 净利润 | $148.0M | $61.0M |
| 毛利率 | 81.4% | 44.9% |
| 营业利润率 | 22.1% | — |
| 净利率 | 18.2% | 7.1% |
| 营收同比 | 11.0% | 4.3% |
| 净利润同比 | 1.5% | 251.4% |
| 每股收益（稀释后） | $2.58 | $0.20 |
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FFIVMAT
| Q1 26 | $811.7M | $862.2M | ||
| Q4 25 | $822.5M | $1.8B | ||
| Q3 25 | $810.1M | $1.7B | ||
| Q2 25 | $780.4M | $1.0B | ||
| Q1 25 | $731.1M | $826.6M | ||
| Q4 24 | $766.5M | $1.6B | ||
| Q3 24 | $746.7M | $1.8B | ||
| Q2 24 | $695.5M | $1.1B |
净利润FFIVMAT
| Q1 26 | $148.0M | $61.0M | ||
| Q4 25 | $180.1M | $106.2M | ||
| Q3 25 | $190.5M | $278.4M | ||
| Q2 25 | $189.9M | $53.4M | ||
| Q1 25 | $145.5M | $-40.3M | ||
| Q4 24 | $166.4M | $140.9M | ||
| Q3 24 | $165.3M | $372.4M | ||
| Q2 24 | $144.1M | $56.9M |
毛利率FFIVMAT
| Q1 26 | 81.4% | 44.9% | ||
| Q4 25 | 81.5% | 45.9% | ||
| Q3 25 | 82.2% | 50.0% | ||
| Q2 25 | 81.0% | 50.9% | ||
| Q1 25 | 80.7% | 49.4% | ||
| Q4 24 | 81.7% | 50.7% | ||
| Q3 24 | 80.8% | 53.1% | ||
| Q2 24 | 80.4% | 49.2% |
营业利润率FFIVMAT
| Q1 26 | 22.1% | — | ||
| Q4 25 | 26.0% | 8.0% | ||
| Q3 25 | 25.4% | 21.9% | ||
| Q2 25 | 25.2% | 7.7% | ||
| Q1 25 | 21.7% | -6.4% | ||
| Q4 24 | 26.8% | 9.6% | ||
| Q3 24 | 25.6% | 26.5% | ||
| Q2 24 | 23.4% | 7.7% |
净利率FFIVMAT
| Q1 26 | 18.2% | 7.1% | ||
| Q4 25 | 21.9% | 6.0% | ||
| Q3 25 | 23.5% | 16.0% | ||
| Q2 25 | 24.3% | 5.2% | ||
| Q1 25 | 19.9% | -4.9% | ||
| Q4 24 | 21.7% | 8.6% | ||
| Q3 24 | 22.1% | 20.2% | ||
| Q2 24 | 20.7% | 5.3% |
每股收益（稀释后）FFIVMAT
| Q1 26 | $2.58 | $0.20 | ||
| Q4 25 | $3.10 | $0.32 | ||
| Q3 25 | $3.25 | $0.88 | ||
| Q2 25 | $3.25 | $0.16 | ||
| Q1 25 | $2.48 | $-0.12 | ||
| Q4 24 | $2.82 | $0.40 | ||
| Q3 24 | $2.79 | $1.09 | ||
| Q2 24 | $2.44 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.6B | $2.1B |
| 总资产 | $6.5B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资FFIVMAT
| Q1 26 | $1.4B | $866.0M | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.3B | $691.9M | ||
| Q2 25 | $1.4B | $870.5M | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.1B | $723.5M | ||
| Q2 24 | $935.6M | $722.4M |
总债务FFIVMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益FFIVMAT
| Q1 26 | $3.6B | $2.1B | ||
| Q4 25 | $3.5B | $2.2B | ||
| Q3 25 | $3.6B | $2.3B | ||
| Q2 25 | $3.5B | $2.2B | ||
| Q1 25 | $3.3B | $2.1B | ||
| Q4 24 | $3.2B | $2.3B | ||
| Q3 24 | $3.1B | $2.3B | ||
| Q2 24 | $3.0B | $2.0B |
总资产FFIVMAT
| Q1 26 | $6.5B | $6.3B | ||
| Q4 25 | $6.3B | $6.6B | ||
| Q3 25 | $6.3B | $6.6B | ||
| Q2 25 | $6.1B | $6.2B | ||
| Q1 25 | $5.9B | $6.2B | ||
| Q4 24 | $5.9B | $6.5B | ||
| Q3 24 | $5.6B | $6.5B | ||
| Q2 24 | $5.4B | $5.9B |
负债/权益比FFIVMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | — | $-88.1M |
| 自由现金流率自由现金流/营收 | — | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 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FFIVMAT
| Q1 26 | $525.1M | — | ||
| Q4 25 | $159.2M | $796.6M | ||
| Q3 25 | $208.1M | $72.0M | ||
| Q2 25 | $282.2M | $-300.1M | ||
| Q1 25 | $256.6M | $24.8M | ||
| Q4 24 | $202.8M | $862.1M | ||
| Q3 24 | $246.5M | $155.8M | ||
| Q2 24 | $159.0M | $-252.9M |
自由现金流FFIVMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $149.5M | — | ||
| Q3 25 | $191.9M | — | ||
| Q2 25 | $273.7M | — | ||
| Q1 25 | $246.1M | — | ||
| Q4 24 | $194.7M | — | ||
| Q3 24 | $240.4M | — | ||
| Q2 24 | $153.1M | — |
自由现金流率FFIVMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 18.2% | — | ||
| Q3 25 | 23.7% | — | ||
| Q2 25 | 35.1% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 32.2% | — | ||
| Q2 24 | 22.0% | — |
资本支出强度FFIVMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 0.8% | — |
现金转化率FFIVMAT
| Q1 26 | 3.55× | — | ||
| Q4 25 | 0.88× | 7.50× | ||
| Q3 25 | 1.09× | 0.26× | ||
| Q2 25 | 1.49× | -5.62× | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.22× | 6.12× | ||
| Q3 24 | 1.49× | 0.42× | ||
| Q2 24 | 1.10× | -4.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
