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F5, Inc.（FFIV）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是F5, Inc.的1.5倍（$1.2B vs $811.7M），F5, Inc.净利率更高（18.2% vs 9.1%，领先9.1%），F5, Inc.同比增速更快（11.0% vs 5.4%），过去两年F5, Inc.的营收复合增速更高（8.0% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
FFIV vs RBA — 直观对比
营收规模更大
RBA
是对方的1.5倍
$811.7M
营收增速更快
FFIV
高出5.6%
5.4%
净利率更高
FFIV
高出9.1%
9.1%
两年增速更快
FFIV
近两年复合增速
6.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $811.7M | $1.2B |
| 净利润 | $148.0M | $109.7M |
| 毛利率 | 81.4% | — |
| 营业利润率 | 22.1% | 14.7% |
| 净利率 | 18.2% | 9.1% |
| 营收同比 | 11.0% | 5.4% |
| 净利润同比 | 1.5% | -7.4% |
| 每股收益（稀释后） | $2.58 | $0.53 |
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FFIVRBA
| Q1 26 | $811.7M | — | ||
| Q4 25 | $822.5M | $1.2B | ||
| Q3 25 | $810.1M | $1.1B | ||
| Q2 25 | $780.4M | $1.2B | ||
| Q1 25 | $731.1M | $1.1B | ||
| Q4 24 | $766.5M | $1.1B | ||
| Q3 24 | $746.7M | $981.8M | ||
| Q2 24 | $695.5M | $1.1B |
净利润FFIVRBA
| Q1 26 | $148.0M | — | ||
| Q4 25 | $180.1M | $109.7M | ||
| Q3 25 | $190.5M | $95.5M | ||
| Q2 25 | $189.9M | $109.8M | ||
| Q1 25 | $145.5M | $113.4M | ||
| Q4 24 | $166.4M | $118.5M | ||
| Q3 24 | $165.3M | $76.1M | ||
| Q2 24 | $144.1M | $111.1M |
毛利率FFIVRBA
| Q1 26 | 81.4% | — | ||
| 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% | — |
营业利润率FFIVRBA
| Q1 26 | 22.1% | — | ||
| Q4 25 | 26.0% | 14.7% | ||
| Q3 25 | 25.4% | 14.5% | ||
| Q2 25 | 25.2% | 15.9% | ||
| Q1 25 | 21.7% | 17.1% | ||
| Q4 24 | 26.8% | 18.1% | ||
| Q3 24 | 25.6% | 15.6% | ||
| Q2 24 | 23.4% | 18.4% |
净利率FFIVRBA
| Q1 26 | 18.2% | — | ||
| Q4 25 | 21.9% | 9.1% | ||
| Q3 25 | 23.5% | 8.7% | ||
| Q2 25 | 24.3% | 9.3% | ||
| Q1 25 | 19.9% | 10.2% | ||
| Q4 24 | 21.7% | 10.4% | ||
| Q3 24 | 22.1% | 7.8% | ||
| Q2 24 | 20.7% | 10.1% |
每股收益（稀释后）FFIVRBA
| Q1 26 | $2.58 | — | ||
| Q4 25 | $3.10 | $0.53 | ||
| Q3 25 | $3.25 | $0.43 | ||
| Q2 25 | $3.25 | $0.53 | ||
| Q1 25 | $2.48 | $0.55 | ||
| Q4 24 | $2.82 | $0.58 | ||
| Q3 24 | $2.79 | $0.36 | ||
| Q2 24 | $2.44 | $0.54 |
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 | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.6B | $5.6B |
| 总资产 | $6.5B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资FFIVRBA
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.2B | $531.5M | ||
| Q3 25 | $1.3B | $674.7M | ||
| Q2 25 | $1.4B | $710.2M | ||
| Q1 25 | $1.3B | $578.1M | ||
| Q4 24 | $1.2B | $533.9M | ||
| Q3 24 | $1.1B | $650.7M | ||
| Q2 24 | $935.6M | $599.5M |
总债务FFIVRBA
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B |
股东权益FFIVRBA
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.5B | $5.6B | ||
| Q3 25 | $3.6B | $5.5B | ||
| Q2 25 | $3.5B | $5.5B | ||
| Q1 25 | $3.3B | $5.3B | ||
| Q4 24 | $3.2B | $5.2B | ||
| Q3 24 | $3.1B | $5.2B | ||
| Q2 24 | $3.0B | $5.2B |
总资产FFIVRBA
| Q1 26 | $6.5B | — | ||
| Q4 25 | $6.3B | $12.1B | ||
| Q3 25 | $6.3B | $12.2B | ||
| Q2 25 | $6.1B | $12.2B | ||
| Q1 25 | $5.9B | $11.9B | ||
| Q4 24 | $5.9B | $11.8B | ||
| Q3 24 | $5.6B | $11.9B | ||
| Q2 24 | $5.4B | $12.1B |
负债/权益比FFIVRBA
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | — | $186.5M |
| 自由现金流率自由现金流/营收 | — | 15.5% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | 3.55× | 2.33× |
| 过去12个月自由现金流最近4个季度 | — | $719.2M |
8季度趋势，按日历期对齐
经营现金流FFIVRBA
| Q1 26 | $525.1M | — | ||
| Q4 25 | $159.2M | $255.2M | ||
| Q3 25 | $208.1M | $239.7M | ||
| Q2 25 | $282.2M | $326.5M | ||
| Q1 25 | $256.6M | $156.8M | ||
| Q4 24 | $202.8M | $184.5M | ||
| Q3 24 | $246.5M | $285.4M | ||
| Q2 24 | $159.0M | $337.3M |
自由现金流FFIVRBA
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $186.5M | ||
| Q3 25 | $191.9M | $188.5M | ||
| Q2 25 | $273.7M | $241.7M | ||
| Q1 25 | $246.1M | $102.5M | ||
| Q4 24 | $194.7M | $127.9M | ||
| Q3 24 | $240.4M | $248.5M | ||
| Q2 24 | $153.1M | $308.6M |
自由现金流率FFIVRBA
| Q1 26 | — | — | ||
| Q4 25 | 18.2% | 15.5% | ||
| Q3 25 | 23.7% | 17.3% | ||
| Q2 25 | 35.1% | 20.4% | ||
| Q1 25 | 33.7% | 9.2% | ||
| Q4 24 | 25.4% | 11.2% | ||
| Q3 24 | 32.2% | 25.3% | ||
| Q2 24 | 22.0% | 28.2% |
资本支出强度FFIVRBA
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 5.7% | ||
| Q3 25 | 2.0% | 4.7% | ||
| Q2 25 | 1.1% | 7.2% | ||
| Q1 25 | 1.4% | 4.9% | ||
| Q4 24 | 1.1% | 5.0% | ||
| Q3 24 | 0.8% | 3.8% | ||
| Q2 24 | 0.8% | 2.6% |
现金转化率FFIVRBA
| Q1 26 | 3.55× | — | ||
| Q4 25 | 0.88× | 2.33× | ||
| Q3 25 | 1.09× | 2.51× | ||
| Q2 25 | 1.49× | 2.97× | ||
| Q1 25 | 1.76× | 1.38× | ||
| Q4 24 | 1.22× | 1.56× | ||
| Q3 24 | 1.49× | 3.75× | ||
| Q2 24 | 1.10× | 3.04× |
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
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
