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F5, Inc.（FFIV）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是F5, Inc.的1.8倍（$1.5B vs $811.7M），F5, Inc.净利率更高（18.2% vs -3.1%，领先21.4%），F5, Inc.同比增速更快（11.0% vs -11.9%），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 8.0%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
FFIV vs RXO — 直观对比
营收规模更大
RXO
是对方的1.8倍
$811.7M
营收增速更快
FFIV
高出22.9%
-11.9%
净利率更高
FFIV
高出21.4%
-3.1%
两年增速更快
RXO
近两年复合增速
8.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $811.7M | $1.5B |
| 净利润 | $148.0M | $-46.0M |
| 毛利率 | 81.4% | — |
| 营业利润率 | 22.1% | -2.9% |
| 净利率 | 18.2% | -3.1% |
| 营收同比 | 11.0% | -11.9% |
| 净利润同比 | 1.5% | -84.0% |
| 每股收益（稀释后） | $2.58 | $-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FFIVRXO
| Q1 26 | $811.7M | — | ||
| Q4 25 | $822.5M | $1.5B | ||
| Q3 25 | $810.1M | $1.4B | ||
| Q2 25 | $780.4M | $1.4B | ||
| Q1 25 | $731.1M | $1.4B | ||
| Q4 24 | $766.5M | $1.7B | ||
| Q3 24 | $746.7M | $1.0B | ||
| Q2 24 | $695.5M | $930.0M |
净利润FFIVRXO
| Q1 26 | $148.0M | — | ||
| Q4 25 | $180.1M | $-46.0M | ||
| Q3 25 | $190.5M | $-14.0M | ||
| Q2 25 | $189.9M | $-9.0M | ||
| Q1 25 | $145.5M | $-31.0M | ||
| Q4 24 | $166.4M | $-25.0M | ||
| Q3 24 | $165.3M | $-243.0M | ||
| Q2 24 | $144.1M | $-7.0M |
毛利率FFIVRXO
| 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FFIVRXO
| Q1 26 | 22.1% | — | ||
| Q4 25 | 26.0% | -2.9% | ||
| Q3 25 | 25.4% | -0.5% | ||
| Q2 25 | 25.2% | — | ||
| Q1 25 | 21.7% | -2.1% | ||
| Q4 24 | 26.8% | -1.4% | ||
| Q3 24 | 25.6% | -1.9% | ||
| Q2 24 | 23.4% | — |
净利率FFIVRXO
| Q1 26 | 18.2% | — | ||
| Q4 25 | 21.9% | -3.1% | ||
| Q3 25 | 23.5% | -1.0% | ||
| Q2 25 | 24.3% | -0.6% | ||
| Q1 25 | 19.9% | -2.2% | ||
| Q4 24 | 21.7% | -1.5% | ||
| Q3 24 | 22.1% | -23.4% | ||
| Q2 24 | 20.7% | -0.8% |
每股收益（稀释后）FFIVRXO
| Q1 26 | $2.58 | — | ||
| Q4 25 | $3.10 | $-0.28 | ||
| Q3 25 | $3.25 | $-0.08 | ||
| Q2 25 | $3.25 | $-0.05 | ||
| Q1 25 | $2.48 | $-0.18 | ||
| Q4 24 | $2.82 | $-0.17 | ||
| Q3 24 | $2.79 | $-1.81 | ||
| Q2 24 | $2.44 | $-0.06 |
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 | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $3.6B | $1.5B |
| 总资产 | $6.5B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资FFIVRXO
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.2B | $17.0M | ||
| Q3 25 | $1.3B | $25.0M | ||
| Q2 25 | $1.4B | $18.0M | ||
| Q1 25 | $1.3B | $16.0M | ||
| Q4 24 | $1.2B | $35.0M | ||
| Q3 24 | $1.1B | $55.0M | ||
| Q2 24 | $935.6M | $7.0M |
总债务FFIVRXO
| Q1 26 | — | — | ||
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M |
股东权益FFIVRXO
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.5B | $1.5B | ||
| Q3 25 | $3.6B | $1.6B | ||
| Q2 25 | $3.5B | $1.6B | ||
| Q1 25 | $3.3B | $1.6B | ||
| Q4 24 | $3.2B | $1.6B | ||
| Q3 24 | $3.1B | $1.7B | ||
| Q2 24 | $3.0B | $579.0M |
总资产FFIVRXO
| Q1 26 | $6.5B | — | ||
| Q4 25 | $6.3B | $3.3B | ||
| Q3 25 | $6.3B | $3.2B | ||
| Q2 25 | $6.1B | $3.2B | ||
| Q1 25 | $5.9B | $3.3B | ||
| Q4 24 | $5.9B | $3.4B | ||
| Q3 24 | $5.6B | $3.4B | ||
| Q2 24 | $5.4B | $1.8B |
负债/权益比FFIVRXO
| Q1 26 | — | — | ||
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 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 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流FFIVRXO
| Q1 26 | $525.1M | — | ||
| Q4 25 | $159.2M | $7.0M | ||
| Q3 25 | $208.1M | $23.0M | ||
| Q2 25 | $282.2M | $23.0M | ||
| Q1 25 | $256.6M | $-2.0M | ||
| Q4 24 | $202.8M | $-7.0M | ||
| Q3 24 | $246.5M | $-7.0M | ||
| Q2 24 | $159.0M | $-5.0M |
自由现金流FFIVRXO
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $-9.0M | ||
| Q3 25 | $191.9M | $9.0M | ||
| Q2 25 | $273.7M | $9.0M | ||
| Q1 25 | $246.1M | $-17.0M | ||
| Q4 24 | $194.7M | $-19.0M | ||
| Q3 24 | $240.4M | $-18.0M | ||
| Q2 24 | $153.1M | $-16.0M |
自由现金流率FFIVRXO
| Q1 26 | — | — | ||
| Q4 25 | 18.2% | -0.6% | ||
| Q3 25 | 23.7% | 0.6% | ||
| Q2 25 | 35.1% | 0.6% | ||
| Q1 25 | 33.7% | -1.2% | ||
| Q4 24 | 25.4% | -1.1% | ||
| Q3 24 | 32.2% | -1.7% | ||
| Q2 24 | 22.0% | -1.7% |
资本支出强度FFIVRXO
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 1.1% | ||
| Q3 25 | 2.0% | 1.0% | ||
| Q2 25 | 1.1% | 1.0% | ||
| Q1 25 | 1.4% | 1.0% | ||
| Q4 24 | 1.1% | 0.7% | ||
| Q3 24 | 0.8% | 1.1% | ||
| Q2 24 | 0.8% | 1.2% |
现金转化率FFIVRXO
| 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× | — | ||
| 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
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
