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飞塔（FTNT）与Roper Technologies（ROP）财务数据对比。点击上方公司名可切换其他公司
Roper Technologies的季度营收约是飞塔的1.1倍（$2.1B vs $1.9B），飞塔净利率更高（26.6% vs 15.8%，领先10.8%），飞塔同比增速更快（14.8% vs 11.3%），飞塔自由现金流更多（$577.4M vs $507.0M），过去两年飞塔的营收复合增速更高（18.6% vs 10.5%）
飞塔（Fortinet）是总部位于美国加利福尼亚州森尼韦尔的网络安全企业，专注于研发与销售防火墙、终端安全、入侵检测系统等各类网络安全产品，目前在美国、加拿大、英国等多个国家设有办事机构。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
FTNT vs ROP — 直观对比
营收规模更大
ROP
是对方的1.1倍
$1.9B
营收增速更快
FTNT
高出3.5%
11.3%
净利率更高
FTNT
高出10.8%
15.8%
自由现金流更多
FTNT
多$70.4M
$507.0M
两年增速更快
FTNT
近两年复合增速
10.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.1B |
| 净利润 | $506.0M | $331.0M |
| 毛利率 | 79.6% | 69.4% |
| 营业利润率 | 32.8% | 27.2% |
| 净利率 | 26.6% | 15.8% |
| 营收同比 | 14.8% | 11.3% |
| 净利润同比 | -3.8% | 842.6% |
| 每股收益（稀释后） | $0.67 | $4.87 |
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FTNTROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.6B | $1.9B | ||
| Q1 25 | $1.5B | $1.9B | ||
| Q4 24 | $1.7B | $1.9B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.4B | $1.7B |
净利润FTNTROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $506.0M | $428.4M | ||
| Q3 25 | $473.9M | $398.5M | ||
| Q2 25 | $440.1M | $378.3M | ||
| Q1 25 | $433.4M | $331.1M | ||
| Q4 24 | $526.2M | $462.3M | ||
| Q3 24 | $539.9M | $367.9M | ||
| Q2 24 | $379.8M | $337.1M |
毛利率FTNTROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | 79.6% | 69.5% | ||
| Q3 25 | 80.8% | 69.5% | ||
| Q2 25 | 80.7% | 69.2% | ||
| Q1 25 | 81.0% | 68.7% | ||
| Q4 24 | 81.1% | 68.3% | ||
| Q3 24 | 82.5% | 69.2% | ||
| Q2 24 | 80.8% | 69.5% |
营业利润率FTNTROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 32.8% | 28.6% | ||
| Q3 25 | 31.7% | 28.4% | ||
| Q2 25 | 28.1% | 28.2% | ||
| Q1 25 | 29.5% | 27.9% | ||
| Q4 24 | 34.6% | 28.0% | ||
| Q3 24 | 31.2% | 28.1% | ||
| Q2 24 | 30.5% | 28.8% |
净利率FTNTROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | 26.6% | 20.8% | ||
| Q3 25 | 27.5% | 19.8% | ||
| Q2 25 | 27.0% | 19.5% | ||
| Q1 25 | 28.1% | 17.6% | ||
| Q4 24 | 31.7% | 24.6% | ||
| Q3 24 | 35.8% | 20.8% | ||
| Q2 24 | 26.5% | 19.6% |
每股收益（稀释后）FTNTROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | $0.67 | $3.97 | ||
| Q3 25 | $0.62 | $3.68 | ||
| Q2 25 | $0.57 | $3.49 | ||
| Q1 25 | $0.56 | $3.06 | ||
| Q4 24 | $0.68 | $4.29 | ||
| Q3 24 | $0.70 | $3.40 | ||
| Q2 24 | $0.49 | $3.12 |
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 | $2.5B | $382.9M |
| 总债务越低越好 | — | $9.7B |
| 股东权益账面价值 | $1.2B | $18.8B |
| 总资产 | $10.4B | $34.6B |
| 负债/权益比越低杠杆越低 | — | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资FTNTROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $2.5B | $297.4M | ||
| Q3 25 | $2.0B | $320.0M | ||
| Q2 25 | $3.4B | $242.4M | ||
| Q1 25 | $3.6B | $372.8M | ||
| Q4 24 | $2.9B | $188.2M | ||
| Q3 24 | $2.5B | $269.6M | ||
| Q2 24 | $2.2B | $251.5M |
总债务FTNTROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | — | $9.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FTNTROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $1.2B | $19.9B | ||
| Q3 25 | $735.1M | $20.0B | ||
| Q2 25 | $2.1B | $19.6B | ||
| Q1 25 | $2.0B | $19.2B | ||
| Q4 24 | $1.5B | $18.9B | ||
| Q3 24 | $908.1M | $18.5B | ||
| Q2 24 | $288.2M | $18.1B |
总资产FTNTROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $10.4B | $34.6B | ||
| Q3 25 | $9.4B | $34.6B | ||
| Q2 25 | $10.6B | $33.2B | ||
| Q1 25 | $10.4B | $31.4B | ||
| Q4 24 | $9.8B | $31.3B | ||
| Q3 24 | $8.9B | $31.6B | ||
| Q2 24 | $8.1B | $29.8B |
负债/权益比FTNTROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | — | ||
| Q2 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 | $620.2M | — |
| 自由现金流经营现金流 - 资本支出 | $577.4M | $507.0M |
| 自由现金流率自由现金流/营收 | 30.3% | 24.2% |
| 资本支出强度资本支出/营收 | 2.2% | 0.5% |
| 现金转化率经营现金流/净利润 | 1.23× | — |
| 过去12个月自由现金流最近4个季度 | $2.2B | — |
8季度趋势，按日历期对齐
经营现金流FTNTROP
| Q1 26 | — | — | ||
| Q4 25 | $620.2M | $738.0M | ||
| Q3 25 | $655.2M | $869.5M | ||
| Q2 25 | $451.9M | $404.1M | ||
| Q1 25 | $863.3M | $528.7M | ||
| Q4 24 | $477.6M | $722.2M | ||
| Q3 24 | $608.1M | $755.4M | ||
| Q2 24 | $342.0M | $384.1M |
自由现金流FTNTROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | $577.4M | — | ||
| Q3 25 | $567.5M | — | ||
| Q2 25 | $284.1M | — | ||
| Q1 25 | $796.8M | — | ||
| Q4 24 | $380.0M | — | ||
| Q3 24 | $571.8M | — | ||
| Q2 24 | $318.9M | — |
自由现金流率FTNTROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | 30.3% | — | ||
| Q3 25 | 32.9% | — | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 51.8% | — | ||
| Q4 24 | 22.9% | — | ||
| Q3 24 | 37.9% | — | ||
| Q2 24 | 22.2% | — |
资本支出强度FTNTROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 5.1% | — | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 5.9% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.6% | — |
现金转化率FTNTROP
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | 1.72× | ||
| Q3 25 | 1.38× | 2.18× | ||
| Q2 25 | 1.03× | 1.07× | ||
| Q1 25 | 1.99× | 1.60× | ||
| Q4 24 | 0.91× | 1.56× | ||
| Q3 24 | 1.13× | 2.05× | ||
| Q2 24 | 0.90× | 1.14× |
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
FTNT
| Services | $1.2B | 64% |
| Security Subscription | $693.7M | 36% |
ROP
暂无分部数据
