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FLAGSTAR BANK, NATIONAL ASSOCIATION（FLG）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
FLAGSTAR BANK, NATIONAL ASSOCIATION的季度营收约是世纪互联的1.4倍（$498.0M vs $362.7M），FLAGSTAR BANK, NATIONAL ASSOCIATION净利率更高（4.2% vs -10.7%，领先14.9%），过去两年世纪互联的营收复合增速更高（17.4% vs -10.7%）
Flagstar银行是原总部位于美国密歇根州特洛伊的商业银行，成立于1987年，主营零售及商业银行业务、抵押贷款发放及各类金融服务。其控股公司于2022年12月被纽约社区银行收购，后者后将全部门店统一为Flagstar品牌，2024年更名为Flagstar Financial，2025年启动企业重组。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
FLG vs VNET — 直观对比
营收规模更大
FLG
是对方的1.4倍
$362.7M
净利率更高
FLG
高出14.9%
-10.7%
两年增速更快
VNET
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $498.0M | $362.7M |
| 净利润 | $21.0M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 11.4% | 0.5% |
| 净利率 | 4.2% | -10.7% |
| 营收同比 | 1.6% | — |
| 净利润同比 | -38.1% | — |
| 每股收益（稀释后） | $0.03 | — |
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FLGVNET
| Q1 26 | $498.0M | — | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | $425.0M | $362.7M | ||
| Q2 25 | $419.0M | — | ||
| Q1 25 | — | $309.5M | ||
| Q4 24 | $461.0M | — | ||
| Q3 24 | $510.0M | $302.2M | ||
| Q2 24 | $557.0M | $274.4M |
净利润FLGVNET
| Q1 26 | $21.0M | — | ||
| Q4 25 | $29.0M | — | ||
| Q3 25 | $-36.0M | $-38.7M | ||
| Q2 25 | $-70.0M | — | ||
| Q1 25 | — | $-2.4M | ||
| Q4 24 | $-188.0M | — | ||
| Q3 24 | $-280.0M | $-2.1M | ||
| Q2 24 | $-323.0M | $-1.1M |
毛利率FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% |
营业利润率FLGVNET
| Q1 26 | 11.4% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -9.6% | 0.5% | ||
| Q2 25 | -19.3% | — | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | -51.6% | — | ||
| Q3 24 | -65.7% | 24.5% | ||
| Q2 24 | -76.1% | 0.2% |
净利率FLGVNET
| Q1 26 | 4.2% | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | -8.5% | -10.7% | ||
| Q2 25 | -16.7% | — | ||
| Q1 25 | — | -0.8% | ||
| Q4 24 | -40.8% | — | ||
| Q3 24 | -54.9% | -0.7% | ||
| Q2 24 | -58.0% | -0.4% |
每股收益（稀释后）FLGVNET
| Q1 26 | $0.03 | — | ||
| Q4 25 | $0.05 | — | ||
| Q3 25 | $-0.11 | — | ||
| Q2 25 | $-0.19 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-1.11 | — | ||
| Q3 24 | $-0.79 | — | ||
| Q2 24 | $-1.14 | — |
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 | — | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.1B | $890.8M |
| 总资产 | $87.1B | $6.1B |
| 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FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $23.6B | $492.1M | ||
| Q2 25 | $22.9B | — | ||
| Q1 25 | — | $544.3M | ||
| Q4 24 | $25.8B | — | ||
| Q3 24 | $33.6B | $219.5M | ||
| Q2 24 | $29.5B | $247.2M |
总债务FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $13.2B | — | ||
| Q2 25 | $13.2B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $14.4B | — | ||
| Q3 24 | $20.3B | $1.2B | ||
| Q2 24 | $28.9B | — |
股东权益FLGVNET
| Q1 26 | $8.1B | — | ||
| Q4 25 | $8.1M | — | ||
| Q3 25 | $8.1B | $890.8M | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | — | $927.8M | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $8.6B | $902.9M | ||
| Q2 24 | $8.4B | $900.6M |
总资产FLGVNET
| Q1 26 | $87.1B | — | ||
| Q4 25 | $87.5M | — | ||
| Q3 25 | $91.7B | $6.1B | ||
| Q2 25 | $92.2B | — | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | $100.2B | — | ||
| Q3 24 | $114.4B | $4.3B | ||
| Q2 24 | $119.1B | $4.0B |
负债/权益比FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 2.37× | 1.28× | ||
| Q2 24 | 3.44× | — |
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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $243.0M | $113.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $27.0M | ||
| Q4 24 | $623.0M | — | ||
| Q3 24 | $-1.0B | $108.3M | ||
| Q2 24 | $796.0M | $55.8M |
自由现金流FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M |
自由现金流率FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% |
资本支出强度FLGVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
