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伟创力（FLEX）与甲骨文（ORCL）财务数据对比。点击上方公司名可切换其他公司
伟创力的季度营收约是甲骨文的1.7倍（$27.9B vs $16.1B），甲骨文净利率更高（38.2% vs 0.9%，领先37.3%），伟创力同比增速更快（16.9% vs 14.2%），伟创力自由现金流更多（$212.0M vs $-10.0B），过去两年伟创力的营收复合增速更高（110.3% vs 10.0%）
伟创力（Flex Ltd.）是一家拥有新加坡与美国背景的跨国制造企业，按营收计算为全球第三大电子制造服务（EMS）及原始设计制造商（ODM），仅次于和硕。其美国总部位于得克萨斯州奥斯汀，在30多个国家设有生产基地，员工总数约17.2万人。
甲骨文公司是全球知名的企业软件公司，主打数据库软件、企业级应用软件、云基础设施与云服务等业务，为全球各行业的企业提供数字化转型、数据管理与业务运营的技术解决方案，在全球企业级科技领域占据重要地位。
FLEX vs ORCL — 直观对比
营收规模更大
FLEX
是对方的1.7倍
$16.1B
营收增速更快
FLEX
高出2.6%
14.2%
净利率更高
ORCL
高出37.3%
0.9%
自由现金流更多
FLEX
多$10.2B
$-10.0B
两年增速更快
FLEX
近两年复合增速
10.0%
损益表 — Q4 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $27.9B | $16.1B |
| 净利润 | $250.0M | $6.1B |
| 毛利率 | 2.5% | — |
| 营业利润率 | 1.3% | 29.5% |
| 净利率 | 0.9% | 38.2% |
| 营收同比 | 16.9% | 14.2% |
| 净利润同比 | 12.6% | 94.7% |
| 每股收益（稀释后） | $0.67 | $2.10 |
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FLEXORCL
| Q1 26 | $27.9B | — | ||
| Q4 25 | $7.1B | $16.1B | ||
| Q3 25 | $6.8B | $14.9B | ||
| Q2 25 | $6.6B | $15.9B | ||
| Q1 25 | $6.4B | $14.1B | ||
| Q4 24 | $6.6B | $14.1B | ||
| Q3 24 | $6.5B | $13.3B | ||
| Q2 24 | $6.3B | $14.3B |
净利润FLEXORCL
| Q1 26 | $250.0M | — | ||
| Q4 25 | $239.0M | $6.1B | ||
| Q3 25 | $199.0M | $2.9B | ||
| Q2 25 | $192.0M | $3.4B | ||
| Q1 25 | $222.0M | $2.9B | ||
| Q4 24 | $263.0M | $3.2B | ||
| Q3 24 | $214.0M | $2.9B | ||
| Q2 24 | $139.0M | $3.1B |
毛利率FLEXORCL
| Q1 26 | 2.5% | — | ||
| Q4 25 | 9.6% | — | ||
| Q3 25 | 9.0% | — | ||
| Q2 25 | 8.7% | — | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 7.5% | — |
营业利润率FLEXORCL
| Q1 26 | 1.3% | — | ||
| Q4 25 | 5.5% | 29.5% | ||
| Q3 25 | 4.4% | 28.7% | ||
| Q2 25 | 4.7% | 32.1% | ||
| Q1 25 | 4.8% | 30.8% | ||
| Q4 24 | 5.1% | 30.0% | ||
| Q3 24 | 4.5% | 30.0% | ||
| Q2 24 | 3.7% | 32.8% |
净利率FLEXORCL
| Q1 26 | 0.9% | — | ||
| Q4 25 | 3.4% | 38.2% | ||
| Q3 25 | 2.9% | 19.6% | ||
| Q2 25 | 2.9% | 21.5% | ||
| Q1 25 | 3.5% | 20.8% | ||
| Q4 24 | 4.0% | 22.4% | ||
| Q3 24 | 3.3% | 22.0% | ||
| Q2 24 | 2.2% | 22.0% |
每股收益（稀释后）FLEXORCL
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.64 | $2.10 | ||
| Q3 25 | $0.52 | $1.01 | ||
| Q2 25 | $0.50 | $1.19 | ||
| Q1 25 | $0.56 | $1.02 | ||
| Q4 24 | $0.67 | $1.10 | ||
| Q3 24 | $0.54 | $1.03 | ||
| Q2 24 | $0.34 | $1.11 |
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 | $2.4B | $19.2B |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $5.1B | $30.0B |
| 总资产 | $22.1B | $205.0B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资FLEXORCL
| Q1 26 | $2.4B | — | ||
| Q4 25 | $3.1B | $19.2B | ||
| Q3 25 | $2.2B | $10.4B | ||
| Q2 25 | $2.2B | $10.8B | ||
| Q1 25 | $2.3B | $17.4B | ||
| Q4 24 | $2.3B | $10.9B | ||
| Q3 24 | $2.6B | $10.6B | ||
| Q2 24 | $2.2B | $10.5B |
总债务FLEXORCL
| Q1 26 | $3.8B | — | ||
| Q4 25 | $4.4B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.2B | — |
股东权益FLEXORCL
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $30.0B | ||
| Q3 25 | $5.0B | $24.2B | ||
| Q2 25 | $5.1B | $20.5B | ||
| Q1 25 | $5.0B | $16.7B | ||
| Q4 24 | $5.0B | $13.7B | ||
| Q3 24 | $5.0B | $10.8B | ||
| Q2 24 | $5.0B | $8.7B |
总资产FLEXORCL
| Q1 26 | $22.1B | — | ||
| Q4 25 | $20.8B | $205.0B | ||
| Q3 25 | $19.5B | $180.4B | ||
| Q2 25 | $19.1B | $168.4B | ||
| Q1 25 | $18.4B | $161.4B | ||
| Q4 24 | $18.3B | $148.5B | ||
| Q3 24 | $18.6B | $144.2B | ||
| Q2 24 | $17.7B | $141.0B |
负债/权益比FLEXORCL
| Q1 26 | 0.73× | — | ||
| Q4 25 | 0.87× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.74× | — | ||
| 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 | $413.0M | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $212.0M | $-10.0B |
| 自由现金流率自由现金流/营收 | 0.8% | -62.1% |
| 资本支出强度资本支出/营收 | — | 74.9% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.34× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $-13.2B |
8季度趋势，按日历期对齐
经营现金流FLEXORCL
| Q1 26 | $413.0M | — | ||
| Q4 25 | $420.0M | $2.1B | ||
| Q3 25 | $453.0M | $8.1B | ||
| Q2 25 | $399.0M | $6.2B | ||
| Q1 25 | $433.0M | $5.9B | ||
| Q4 24 | $413.0M | $1.3B | ||
| Q3 24 | $319.0M | $7.4B | ||
| Q2 24 | $340.0M | $6.1B |
自由现金流FLEXORCL
| Q1 26 | $212.0M | — | ||
| Q4 25 | $272.0M | $-10.0B | ||
| Q3 25 | $303.0M | $-362.0M | ||
| Q2 25 | $266.0M | $-2.9B | ||
| Q1 25 | $321.0M | $71.0M | ||
| Q4 24 | $301.0M | $-2.7B | ||
| Q3 24 | $216.0M | $5.1B | ||
| Q2 24 | $229.0M | $3.3B |
自由现金流率FLEXORCL
| Q1 26 | 0.8% | — | ||
| Q4 25 | 3.9% | -62.1% | ||
| Q3 25 | 4.5% | -2.4% | ||
| Q2 25 | 4.0% | -18.4% | ||
| Q1 25 | 5.0% | 0.5% | ||
| Q4 24 | 4.6% | -19.0% | ||
| Q3 24 | 3.3% | 38.5% | ||
| Q2 24 | 3.6% | 23.0% |
资本支出强度FLEXORCL
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 74.9% | ||
| Q3 25 | 2.2% | 57.0% | ||
| Q2 25 | 2.0% | 57.1% | ||
| Q1 25 | 1.8% | 41.5% | ||
| Q4 24 | 1.7% | 28.2% | ||
| Q3 24 | 1.6% | 17.3% | ||
| Q2 24 | 1.8% | 19.6% |
现金转化率FLEXORCL
| Q1 26 | 1.65× | — | ||
| Q4 25 | 1.76× | 0.34× | ||
| Q3 25 | 2.28× | 2.78× | ||
| Q2 25 | 2.08× | 1.80× | ||
| Q1 25 | 1.95× | 2.02× | ||
| Q4 24 | 1.57× | 0.41× | ||
| Q3 24 | 1.49× | 2.54× | ||
| Q2 24 | 2.45× | 1.93× |
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
FLEX
暂无分部数据
ORCL
| Software Support | $4.9B | 31% |
| Cloud Infrastructure | $4.1B | 25% |
| Cloud Applications | $3.9B | 24% |
| Services Business | $1.4B | 9% |
| Software License | $939.0M | 6% |
| Hardware Business | $776.0M | 5% |
