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Fastly, Inc.（FSLY）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是Fastly, Inc.的1.1倍（$188.3M vs $172.6M），BRC Group Holdings, Inc.净利率更高（47.9% vs -9.0%，领先56.9%），Fastly, Inc.同比增速更快（22.8% vs -21.9%），过去两年Fastly, Inc.的营收复合增速更高（13.7% vs -15.4%）
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。
FSLY vs RILY — 直观对比
营收规模更大
RILY
是对方的1.1倍
$172.6M
营收增速更快
FSLY
高出44.6%
-21.9%
净利率更高
RILY
高出56.9%
-9.0%
两年增速更快
FSLY
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.6M | $188.3M |
| 净利润 | $-15.5M | $90.3M |
| 毛利率 | 61.4% | 79.5% |
| 营业利润率 | -8.7% | 32.3% |
| 净利率 | -9.0% | 47.9% |
| 营收同比 | 22.8% | -21.9% |
| 净利润同比 | 52.9% | 1710.8% |
| 每股收益（稀释后） | $-0.10 | $2.78 |
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FSLYRILY
| Q4 25 | $172.6M | $188.3M | ||
| Q3 25 | $158.2M | $215.3M | ||
| Q2 25 | $148.7M | $188.2M | ||
| Q1 25 | $144.5M | $197.2M | ||
| Q4 24 | $140.6M | $241.0M | ||
| Q3 24 | $137.2M | $225.5M | ||
| Q2 24 | $132.4M | $256.0M | ||
| Q1 24 | $133.5M | $263.4M |
净利润FSLYRILY
| Q4 25 | $-15.5M | $90.3M | ||
| Q3 25 | $-29.5M | $91.1M | ||
| Q2 25 | $-37.5M | $139.5M | ||
| Q1 25 | $-39.1M | $-10.0M | ||
| Q4 24 | $-32.9M | $-5.6M | ||
| Q3 24 | $-38.0M | $-284.4M | ||
| Q2 24 | $-43.7M | $-433.6M | ||
| Q1 24 | $-43.4M | $-49.2M |
毛利率FSLYRILY
| Q4 25 | 61.4% | 79.5% | ||
| Q3 25 | 58.4% | 83.7% | ||
| Q2 25 | 54.5% | 81.3% | ||
| Q1 25 | 53.2% | 81.4% | ||
| Q4 24 | 53.4% | 79.8% | ||
| Q3 24 | 54.5% | 82.1% | ||
| Q2 24 | 55.1% | 84.5% | ||
| Q1 24 | 54.8% | 85.3% |
营业利润率FSLYRILY
| Q4 25 | -8.7% | 32.3% | ||
| Q3 25 | -18.2% | 30.4% | ||
| Q2 25 | -24.8% | 5.7% | ||
| Q1 25 | -26.4% | -31.2% | ||
| Q4 24 | -24.4% | -69.2% | ||
| Q3 24 | -29.6% | -36.4% | ||
| Q2 24 | -35.3% | -90.8% | ||
| Q1 24 | -34.6% | -6.1% |
净利率FSLYRILY
| Q4 25 | -9.0% | 47.9% | ||
| Q3 25 | -18.6% | 42.3% | ||
| Q2 25 | -25.2% | 74.1% | ||
| Q1 25 | -27.1% | -5.1% | ||
| Q4 24 | -23.4% | -2.3% | ||
| Q3 24 | -27.7% | -126.1% | ||
| Q2 24 | -33.0% | -169.4% | ||
| Q1 24 | -32.5% | -18.7% |
每股收益（稀释后）FSLYRILY
| Q4 25 | $-0.10 | $2.78 | ||
| Q3 25 | $-0.20 | $2.91 | ||
| Q2 25 | $-0.26 | $4.50 | ||
| Q1 25 | $-0.27 | $-0.39 | ||
| Q4 24 | $-0.23 | $-0.01 | ||
| Q3 24 | $-0.27 | $-9.39 | ||
| Q2 24 | $-0.32 | $-14.35 | ||
| Q1 24 | $-0.32 | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $929.6M | $-171.5M |
| 总资产 | $1.5B | $1.7B |
| 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FSLYRILY
| Q4 25 | $361.8M | $226.6M | ||
| Q3 25 | $342.9M | $184.2M | ||
| Q2 25 | $321.2M | $267.4M | ||
| Q1 25 | $307.3M | $138.3M | ||
| Q4 24 | $295.9M | $146.9M | ||
| Q3 24 | $308.2M | $159.2M | ||
| Q2 24 | $311.8M | $236.9M | ||
| Q1 24 | $329.5M | $190.7M |
总债务FSLYRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FSLYRILY
| Q4 25 | $929.6M | $-171.5M | ||
| Q3 25 | $937.0M | $-260.5M | ||
| Q2 25 | $942.6M | $-351.7M | ||
| Q1 25 | $957.0M | $-496.8M | ||
| Q4 24 | $965.3M | $-488.2M | ||
| Q3 24 | $969.5M | $-497.6M | ||
| Q2 24 | $981.2M | $-218.3M | ||
| Q1 24 | $991.8M | $228.4M |
总资产FSLYRILY
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.5B | $2.2B | ||
| Q2 24 | $1.5B | $3.2B | ||
| Q1 24 | $1.5B | $5.0B |
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 | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $12.2M | — |
| 自由现金流率自由现金流/营收 | 7.1% | — |
| 资本支出强度资本支出/营收 | 5.9% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | $65.8M | — |
8季度趋势，按日历期对齐
经营现金流FSLYRILY
| Q4 25 | $22.4M | $26.2M | ||
| Q3 25 | $28.9M | $-60.6M | ||
| Q2 25 | $25.8M | $-25.6M | ||
| Q1 25 | $17.3M | $184.0K | ||
| Q4 24 | $5.2M | $-2.7M | ||
| Q3 24 | $5.0M | $19.5M | ||
| Q2 24 | $-4.9M | $111.5M | ||
| Q1 24 | $11.1M | $135.4M |
自由现金流FSLYRILY
| Q4 25 | $12.2M | — | ||
| Q3 25 | $22.9M | — | ||
| Q2 25 | $15.9M | — | ||
| Q1 25 | $14.7M | — | ||
| Q4 24 | $251.0K | — | ||
| Q3 24 | $3.0M | — | ||
| Q2 24 | $-6.7M | — | ||
| Q1 24 | $9.5M | — |
自由现金流率FSLYRILY
| Q4 25 | 7.1% | — | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.2% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | -5.1% | — | ||
| Q1 24 | 7.1% | — |
资本支出强度FSLYRILY
| Q4 25 | 5.9% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.2% | — |
现金转化率FSLYRILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
