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Fastly, Inc.（FSLY）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是Fastly, Inc.的1.1倍（$197.9M vs $172.6M），REPLIGEN CORP净利率更高（6.7% vs -9.0%，领先15.7%），Fastly, Inc.同比增速更快（22.8% vs 13.6%），REPLIGEN CORP自由现金流更多（$17.6M vs $12.2M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs 13.7%）
Fastly是总部位于美国旧金山的云计算服务商，主营内容分发网络（CDN）、图片优化、负载均衡服务，同时提供DDoS攻击防护、机器人流量治理、Web应用防火墙等云安全解决方案，助力企业提升网络访问效率与安全防护能力。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
FSLY vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.1倍
$172.6M
营收增速更快
FSLY
高出9.1%
13.6%
净利率更高
RGEN
高出15.7%
-9.0%
自由现金流更多
RGEN
多$5.3M
$12.2M
两年增速更快
RGEN
近两年复合增速
13.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.6M | $197.9M |
| 净利润 | $-15.5M | $13.3M |
| 毛利率 | 61.4% | 52.5% |
| 营业利润率 | -8.7% | 9.0% |
| 净利率 | -9.0% | 6.7% |
| 营收同比 | 22.8% | 13.6% |
| 净利润同比 | 52.9% | 143.9% |
| 每股收益（稀释后） | $-0.10 | $0.24 |
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FSLYRGEN
| Q4 25 | $172.6M | $197.9M | ||
| Q3 25 | $158.2M | $188.8M | ||
| Q2 25 | $148.7M | $182.4M | ||
| Q1 25 | $144.5M | $169.2M | ||
| Q4 24 | $140.6M | $174.1M | ||
| Q3 24 | $137.2M | $154.9M | ||
| Q2 24 | $132.4M | $154.1M | ||
| Q1 24 | $133.5M | $151.3M |
净利润FSLYRGEN
| Q4 25 | $-15.5M | $13.3M | ||
| Q3 25 | $-29.5M | $14.9M | ||
| Q2 25 | $-37.5M | $14.9M | ||
| Q1 25 | $-39.1M | $5.8M | ||
| Q4 24 | $-32.9M | $-30.3M | ||
| Q3 24 | $-38.0M | $-654.0K | ||
| Q2 24 | $-43.7M | $3.3M | ||
| Q1 24 | $-43.4M | $2.1M |
毛利率FSLYRGEN
| Q4 25 | 61.4% | 52.5% | ||
| Q3 25 | 58.4% | 53.2% | ||
| Q2 25 | 54.5% | 50.0% | ||
| Q1 25 | 53.2% | 53.6% | ||
| Q4 24 | 53.4% | 26.1% | ||
| Q3 24 | 54.5% | 50.0% | ||
| Q2 24 | 55.1% | 49.8% | ||
| Q1 24 | 54.8% | 49.5% |
营业利润率FSLYRGEN
| Q4 25 | -8.7% | 9.0% | ||
| Q3 25 | -18.2% | 8.9% | ||
| Q2 25 | -24.8% | 7.6% | ||
| Q1 25 | -26.4% | 3.9% | ||
| Q4 24 | -24.4% | -17.7% | ||
| Q3 24 | -29.6% | -5.1% | ||
| Q2 24 | -35.3% | 1.0% | ||
| Q1 24 | -34.6% | 1.3% |
净利率FSLYRGEN
| Q4 25 | -9.0% | 6.7% | ||
| Q3 25 | -18.6% | 7.9% | ||
| Q2 25 | -25.2% | 8.2% | ||
| Q1 25 | -27.1% | 3.4% | ||
| Q4 24 | -23.4% | -17.4% | ||
| Q3 24 | -27.7% | -0.4% | ||
| Q2 24 | -33.0% | 2.2% | ||
| Q1 24 | -32.5% | 1.4% |
每股收益（稀释后）FSLYRGEN
| Q4 25 | $-0.10 | $0.24 | ||
| Q3 25 | $-0.20 | $0.26 | ||
| Q2 25 | $-0.26 | $0.26 | ||
| Q1 25 | $-0.27 | $0.10 | ||
| Q4 24 | $-0.23 | $-0.55 | ||
| Q3 24 | $-0.27 | $-0.01 | ||
| Q2 24 | $-0.32 | $0.06 | ||
| Q1 24 | $-0.32 | $0.04 |
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 | $361.8M | $767.6M |
| 总债务越低越好 | — | $542.2M |
| 股东权益账面价值 | $929.6M | $2.1B |
| 总资产 | $1.5B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资FSLYRGEN
| Q4 25 | $361.8M | $767.6M | ||
| Q3 25 | $342.9M | $748.7M | ||
| Q2 25 | $321.2M | $708.9M | ||
| Q1 25 | $307.3M | $697.2M | ||
| Q4 24 | $295.9M | $757.4M | ||
| Q3 24 | $308.2M | $784.0M | ||
| Q2 24 | $311.8M | $809.1M | ||
| Q1 24 | $329.5M | $780.6M |
总债务FSLYRGEN
| Q4 25 | — | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FSLYRGEN
| Q4 25 | $929.6M | $2.1B | ||
| Q3 25 | $937.0M | $2.1B | ||
| Q2 25 | $942.6M | $2.1B | ||
| Q1 25 | $957.0M | $2.0B | ||
| Q4 24 | $965.3M | $2.0B | ||
| Q3 24 | $969.5M | $2.0B | ||
| Q2 24 | $981.2M | $2.0B | ||
| Q1 24 | $991.8M | $2.0B |
总资产FSLYRGEN
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.5B | $2.9B | ||
| Q2 25 | $1.5B | $2.9B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.5B | $2.8B | ||
| Q3 24 | $1.5B | $2.8B | ||
| Q2 24 | $1.5B | $2.9B | ||
| Q1 24 | $1.5B | $2.8B |
负债/权益比FSLYRGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $22.4M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $12.2M | $17.6M |
| 自由现金流率自由现金流/营收 | 7.1% | 8.9% |
| 资本支出强度资本支出/营收 | 5.9% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $65.8M | $93.9M |
8季度趋势，按日历期对齐
经营现金流FSLYRGEN
| Q4 25 | $22.4M | $25.7M | ||
| Q3 25 | $28.9M | $48.1M | ||
| Q2 25 | $25.8M | $28.6M | ||
| Q1 25 | $17.3M | $15.0M | ||
| Q4 24 | $5.2M | $39.2M | ||
| Q3 24 | $5.0M | $49.3M | ||
| Q2 24 | $-4.9M | $42.2M | ||
| Q1 24 | $11.1M | $44.7M |
自由现金流FSLYRGEN
| Q4 25 | $12.2M | $17.6M | ||
| Q3 25 | $22.9M | $43.4M | ||
| Q2 25 | $15.9M | $21.5M | ||
| Q1 25 | $14.7M | $11.4M | ||
| Q4 24 | $251.0K | $33.6M | ||
| Q3 24 | $3.0M | $42.3M | ||
| Q2 24 | $-6.7M | $37.4M | ||
| Q1 24 | $9.5M | $36.4M |
自由现金流率FSLYRGEN
| Q4 25 | 7.1% | 8.9% | ||
| Q3 25 | 14.5% | 23.0% | ||
| Q2 25 | 10.7% | 11.8% | ||
| Q1 25 | 10.2% | 6.8% | ||
| Q4 24 | 0.2% | 19.3% | ||
| Q3 24 | 2.2% | 27.3% | ||
| Q2 24 | -5.1% | 24.3% | ||
| Q1 24 | 7.1% | 24.0% |
资本支出强度FSLYRGEN
| Q4 25 | 5.9% | 4.1% | ||
| Q3 25 | 3.8% | 2.5% | ||
| Q2 25 | 6.6% | 3.9% | ||
| Q1 25 | 1.8% | 2.1% | ||
| Q4 24 | 3.5% | 3.2% | ||
| Q3 24 | 1.5% | 4.5% | ||
| Q2 24 | 1.3% | 3.1% | ||
| Q1 24 | 1.2% | 5.5% |
现金转化率FSLYRGEN
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 3.23× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
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
FSLY
| Network Services | $130.8M | 76% |
| Security | $35.4M | 21% |
| Other | $6.4M | 4% |
RGEN
暂无分部数据
