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Gen Digital（GEN）与TRINET GROUP, INC.（TNET）财务数据对比。点击上方公司名可切换其他公司
TRINET GROUP, INC.的季度营收约是Gen Digital的1.0倍（$1.2B vs $1.2B），Gen Digital同比增速更快（28.5% vs -2.2%），过去两年Gen Digital的营收复合增速更高（13.2% vs -0.6%）
Gen Digital是一家跨国软件企业，双总部分别设于美国亚利桑那州坦佩和欧盟捷克布拉格，是财富500强企业及标普500指数成分股，同时在纳斯达克与布拉格证券交易所挂牌上市。公司主营网络安全软件、金融科技及相关服务，旗下拥有诺顿、Avast、LifeLock、AVG、CCleaner等多个知名品牌。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
GEN vs TNET — 直观对比
营收规模更大
TNET
是对方的1.0倍
$1.2B
营收增速更快
GEN
高出30.7%
-2.2%
两年增速更快
GEN
近两年复合增速
-0.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $192.0M | — |
| 毛利率 | 78.4% | — |
| 营业利润率 | 34.9% | 0.1% |
| 净利率 | 15.5% | — |
| 营收同比 | 28.5% | -2.2% |
| 净利润同比 | 6.1% | — |
| 每股收益（稀释后） | $0.31 | $0.02 |
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GENTNET
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $986.0M | $1.3B | ||
| Q3 24 | $974.0M | $1.2B | ||
| Q2 24 | $965.0M | $1.2B |
净利润GENTNET
| Q1 26 | $192.0M | — | ||
| Q4 25 | $134.0M | — | ||
| Q3 25 | $135.0M | $34.0M | ||
| Q2 25 | — | $37.0M | ||
| Q1 25 | $142.0M | $85.0M | ||
| Q4 24 | $159.0M | — | ||
| Q3 24 | $161.0M | $45.0M | ||
| Q2 24 | $181.0M | $60.0M |
毛利率GENTNET
| Q1 26 | 78.4% | — | ||
| Q4 25 | 78.2% | — | ||
| Q3 25 | 78.8% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 80.3% | — | ||
| Q4 24 | 80.4% | — | ||
| Q3 24 | 80.1% | — | ||
| Q2 24 | 80.3% | — |
营业利润率GENTNET
| Q1 26 | 34.9% | — | ||
| Q4 25 | 35.9% | 0.1% | ||
| Q3 25 | 35.5% | 4.1% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | 41.3% | 8.9% | ||
| Q4 24 | 37.9% | -2.9% | ||
| Q3 24 | 41.3% | 4.7% | ||
| Q2 24 | 43.2% | 6.5% |
净利率GENTNET
| Q1 26 | 15.5% | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 10.7% | 2.8% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | 14.1% | 6.6% | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 16.5% | 3.6% | ||
| Q2 24 | 18.8% | 4.9% |
每股收益（稀释后）GENTNET
| Q1 26 | $0.31 | — | ||
| Q4 25 | $0.21 | $0.02 | ||
| Q3 25 | $0.22 | $0.70 | ||
| Q2 25 | — | $0.77 | ||
| Q1 25 | $0.22 | $1.71 | ||
| Q4 24 | $0.26 | $-0.44 | ||
| Q3 24 | $0.26 | $0.89 | ||
| Q2 24 | $0.29 | $1.20 |
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 | — | $287.0M |
| 总债务越低越好 | $8.4B | — |
| 股东权益账面价值 | $2.3B | $54.0M |
| 总资产 | $15.8B | $3.8B |
| 负债/权益比越低杠杆越低 | 3.61× | — |
8季度趋势，按日历期对齐
现金及短期投资GENTNET
| Q1 26 | — | — | ||
| Q4 25 | — | $287.0M | ||
| Q3 25 | — | $321.0M | ||
| Q2 25 | — | $407.0M | ||
| Q1 25 | $1.0B | $349.0M | ||
| Q4 24 | $883.0M | $360.0M | ||
| Q3 24 | $737.0M | $301.0M | ||
| Q2 24 | $644.0M | $249.0M |
总债务GENTNET
| Q1 26 | $8.4B | — | ||
| Q4 25 | $8.7B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $8.5B | — | ||
| Q2 24 | $8.5B | — |
股东权益GENTNET
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.5B | $54.0M | ||
| Q3 25 | $2.4B | $110.0M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | $2.3B | $63.0M | ||
| Q4 24 | $2.2B | $69.0M | ||
| Q3 24 | $2.1B | $129.0M | ||
| Q2 24 | $2.0B | $100.0M |
总资产GENTNET
| Q1 26 | $15.8B | — | ||
| Q4 25 | $16.1B | $3.8B | ||
| Q3 25 | $16.4B | $3.4B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | $15.5B | $3.8B | ||
| Q4 24 | $15.4B | $4.1B | ||
| Q3 24 | $15.5B | $3.7B | ||
| Q2 24 | $15.4B | $3.7B |
负债/权益比GENTNET
| Q1 26 | 3.61× | — | ||
| Q4 25 | 3.54× | — | ||
| Q3 25 | 3.75× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.64× | — | ||
| Q4 24 | 3.94× | — | ||
| Q3 24 | 4.06× | — | ||
| Q2 24 | 4.33× | — |
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 | — | $61.0M |
| 自由现金流经营现金流 - 资本支出 | — | $43.0M |
| 自由现金流率自由现金流/营收 | — | 3.4% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 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 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流GENTNET
| Q1 26 | — | — | ||
| Q4 25 | $541.0M | $61.0M | ||
| Q3 25 | $409.0M | $72.0M | ||
| Q2 25 | — | $75.0M | ||
| Q1 25 | $473.0M | $95.0M | ||
| Q4 24 | $326.0M | $65.0M | ||
| Q3 24 | $158.0M | $84.0M | ||
| Q2 24 | $264.0M | $39.0M |
自由现金流GENTNET
| Q1 26 | — | — | ||
| Q4 25 | $535.0M | $43.0M | ||
| Q3 25 | $405.0M | $55.0M | ||
| Q2 25 | — | $57.0M | ||
| Q1 25 | $470.0M | $79.0M | ||
| Q4 24 | $318.0M | $47.0M | ||
| Q3 24 | $156.0M | $59.0M | ||
| Q2 24 | $262.0M | $22.0M |
自由现金流率GENTNET
| Q1 26 | — | — | ||
| Q4 25 | 43.9% | 3.4% | ||
| Q3 25 | 32.2% | 4.5% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | 46.5% | 6.1% | ||
| Q4 24 | 32.3% | 3.7% | ||
| Q3 24 | 16.0% | 4.8% | ||
| Q2 24 | 27.2% | 1.8% |
资本支出强度GENTNET
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 1.4% | ||
| Q3 25 | 0.3% | 1.4% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | 0.3% | 1.2% | ||
| Q4 24 | 0.8% | 1.4% | ||
| Q3 24 | 0.2% | 2.0% | ||
| Q2 24 | 0.2% | 1.4% |
现金转化率GENTNET
| Q1 26 | — | — | ||
| Q4 25 | 4.04× | — | ||
| Q3 25 | 3.03× | 2.12× | ||
| Q2 25 | — | 2.03× | ||
| Q1 25 | 3.33× | 1.12× | ||
| Q4 24 | 2.05× | — | ||
| Q3 24 | 0.98× | 1.87× | ||
| Q2 24 | 1.46× | 0.65× |
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
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
