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盖璞（GAP）与Workday, Inc.（WDAY）财务数据对比。点击上方公司名可切换其他公司
盖璞的季度营收约是Workday, Inc.的1.6倍（$3.9B vs $2.4B），Workday, Inc.净利率更高（10.4% vs 6.0%，领先4.4%），Workday, Inc.同比增速更快（12.6% vs 3.0%），Workday, Inc.自由现金流更多（$550.0M vs $153.0M），过去两年Workday, Inc.的营收复合增速更高（12.5% vs -4.2%）
盖璞（Gap Inc.）是总部位于美国加利福尼亚州旧金山的跨国服饰零售商，1969年由唐纳德·费舍尔与多丽丝·费舍尔创立，旗下拥有Gap、Banana Republic、Old Navy、Athleta四大核心品牌，是美国最大的服饰零售商之一，全球门店数量位列全球第三，仅次于Inditex集团和H&M。
Workday是全球领先的企业级云软件供应商，核心产品覆盖人力资本管理、财务管理及企业资源规划解决方案，主要服务教育、医疗、金融、科技等行业的中大型机构，业务遍布北美、欧洲、亚太等全球主要市场。
GAP vs WDAY — 直观对比
营收规模更大
GAP
是对方的1.6倍
$2.4B
营收增速更快
WDAY
高出9.6%
3.0%
净利率更高
WDAY
高出4.4%
6.0%
自由现金流更多
WDAY
多$397.0M
$153.0M
两年增速更快
WDAY
近两年复合增速
-4.2%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.4B |
| 净利润 | $236.0M | $252.0M |
| 毛利率 | 42.4% | — |
| 营业利润率 | 8.5% | 10.6% |
| 净利率 | 6.0% | 10.4% |
| 营收同比 | 3.0% | 12.6% |
| 净利润同比 | -13.9% | 30.6% |
| 每股收益（稀释后） | $0.62 | $0.94 |
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GAPWDAY
| Q4 25 | $3.9B | $2.4B | ||
| Q3 25 | $3.7B | $2.3B | ||
| Q2 25 | $3.5B | $2.2B | ||
| Q1 25 | $4.1B | $2.2B | ||
| Q4 24 | $3.8B | $2.2B | ||
| Q3 24 | $3.7B | $2.1B | ||
| Q2 24 | $3.4B | $2.0B | ||
| Q1 24 | $4.3B | $1.9B |
净利润GAPWDAY
| Q4 25 | $236.0M | $252.0M | ||
| Q3 25 | $216.0M | $228.0M | ||
| Q2 25 | $193.0M | $68.0M | ||
| Q1 25 | $206.0M | $94.0M | ||
| Q4 24 | $274.0M | $193.0M | ||
| Q3 24 | $206.0M | $132.0M | ||
| Q2 24 | $158.0M | $107.0M | ||
| Q1 24 | $185.0M | $1.2B |
毛利率GAPWDAY
| Q4 25 | 42.4% | — | ||
| Q3 25 | 41.2% | — | ||
| Q2 25 | 41.8% | — | ||
| Q1 25 | 38.9% | — | ||
| Q4 24 | 42.7% | — | ||
| Q3 24 | 42.6% | — | ||
| Q2 24 | 41.2% | — | ||
| Q1 24 | 38.9% | — |
营业利润率GAPWDAY
| Q4 25 | 8.5% | 10.6% | ||
| Q3 25 | 7.8% | 10.6% | ||
| Q2 25 | 7.5% | 1.7% | ||
| Q1 25 | 6.2% | 3.4% | ||
| Q4 24 | 9.3% | 7.6% | ||
| Q3 24 | 7.9% | 5.3% | ||
| Q2 24 | 6.1% | 3.2% | ||
| Q1 24 | 5.0% | 4.1% |
净利率GAPWDAY
| Q4 25 | 6.0% | 10.4% | ||
| Q3 25 | 5.8% | 9.7% | ||
| Q2 25 | 5.6% | 3.0% | ||
| Q1 25 | 5.0% | 4.3% | ||
| Q4 24 | 7.2% | 8.9% | ||
| Q3 24 | 5.5% | 6.3% | ||
| Q2 24 | 4.7% | 5.4% | ||
| Q1 24 | 4.3% | 61.8% |
每股收益（稀释后）GAPWDAY
| Q4 25 | $0.62 | $0.94 | ||
| Q3 25 | $0.57 | $0.84 | ||
| Q2 25 | $0.51 | $0.25 | ||
| Q1 25 | $0.53 | $0.34 | ||
| Q4 24 | $0.72 | $0.72 | ||
| Q3 24 | $0.54 | $0.49 | ||
| Q2 24 | $0.41 | $0.40 | ||
| Q1 24 | $0.49 | $4.48 |
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 | $6.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $8.9B |
| 总资产 | $12.4B | $17.8B |
| 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GAPWDAY
| Q4 25 | $2.5B | $6.8B | ||
| Q3 25 | $2.4B | $8.2B | ||
| Q2 25 | $2.2B | $8.0B | ||
| Q1 25 | $2.6B | $8.0B | ||
| Q4 24 | $2.2B | $7.2B | ||
| Q3 24 | $2.1B | $7.4B | ||
| Q2 24 | $1.7B | $7.2B | ||
| Q1 24 | $1.9B | $7.8B |
总债务GAPWDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $3.0B |
股东权益GAPWDAY
| Q4 25 | $3.6B | $8.9B | ||
| Q3 25 | $3.4B | $9.2B | ||
| Q2 25 | $3.3B | $8.9B | ||
| Q1 25 | $3.3B | $9.0B | ||
| Q4 24 | $3.1B | $8.6B | ||
| Q3 24 | $2.9B | $8.3B | ||
| Q2 24 | $2.7B | $8.2B | ||
| Q1 24 | $2.6B | $8.1B |
总资产GAPWDAY
| Q4 25 | $12.4B | $17.8B | ||
| Q3 25 | $12.1B | $18.0B | ||
| Q2 25 | $11.6B | $17.2B | ||
| Q1 25 | $11.9B | $18.0B | ||
| Q4 24 | $11.9B | $16.4B | ||
| Q3 24 | $11.5B | $16.2B | ||
| Q2 24 | $10.9B | $15.9B | ||
| Q1 24 | $11.0B | $16.5B |
负债/权益比GAPWDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.37× |
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 | $299.0M | $588.0M |
| 自由现金流经营现金流 - 资本支出 | $153.0M | $550.0M |
| 自由现金流率自由现金流/营收 | 3.9% | 22.6% |
| 资本支出强度资本支出/营收 | 3.7% | 1.6% |
| 现金转化率经营现金流/净利润 | 1.27× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $779.0M | $2.6B |
8季度趋势，按日历期对齐
经营现金流GAPWDAY
| Q4 25 | $299.0M | $588.0M | ||
| Q3 25 | $448.0M | $616.0M | ||
| Q2 25 | $-140.0M | $457.0M | ||
| Q1 25 | $616.0M | $1.1B | ||
| Q4 24 | $291.0M | $406.0M | ||
| Q3 24 | $549.0M | $571.0M | ||
| Q2 24 | $30.0M | $372.0M | ||
| Q1 24 | $700.0M | $995.6M |
自由现金流GAPWDAY
| Q4 25 | $153.0M | $550.0M | ||
| Q3 25 | $350.0M | $588.0M | ||
| Q2 25 | $-223.0M | $421.0M | ||
| Q1 25 | $499.0M | $1.0B | ||
| Q4 24 | $143.0M | $359.0M | ||
| Q3 24 | $460.0M | $516.0M | ||
| Q2 24 | $-63.0M | $291.0M | ||
| Q1 24 | $568.0M | $947.6M |
自由现金流率GAPWDAY
| Q4 25 | 3.9% | 22.6% | ||
| Q3 25 | 9.4% | 25.0% | ||
| Q2 25 | -6.4% | 18.8% | ||
| Q1 25 | 12.0% | 46.4% | ||
| Q4 24 | 3.7% | 16.6% | ||
| Q3 24 | 12.4% | 24.7% | ||
| Q2 24 | -1.9% | 14.6% | ||
| Q1 24 | 13.2% | 49.3% |
资本支出强度GAPWDAY
| Q4 25 | 3.7% | 1.6% | ||
| Q3 25 | 2.6% | 1.2% | ||
| Q2 25 | 2.4% | 1.6% | ||
| Q1 25 | 2.8% | 3.9% | ||
| Q4 24 | 3.9% | 2.2% | ||
| Q3 24 | 2.4% | 2.6% | ||
| Q2 24 | 2.7% | 4.1% | ||
| Q1 24 | 3.1% | 2.5% |
现金转化率GAPWDAY
| Q4 25 | 1.27× | 2.33× | ||
| Q3 25 | 2.07× | 2.70× | ||
| Q2 25 | -0.73× | 6.72× | ||
| Q1 25 | 2.99× | 11.83× | ||
| Q4 24 | 1.06× | 2.10× | ||
| Q3 24 | 2.67× | 4.33× | ||
| Q2 24 | 0.19× | 3.48× | ||
| Q1 24 | 3.78× | 0.84× |
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
GAP
| Other | $2.2B | 55% |
| Online Sales | $1.6B | 40% |
| CA | $191.0M | 5% |
| Other Regions | $13.0M | 0% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
