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HELEN OF TROY LTD（HELE）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是HELEN OF TROY LTD的1.2倍（$614.5M vs $512.8M），Cloudflare, Inc.净利率更高（-2.0% vs -16.4%，领先14.4%），Cloudflare, Inc.同比增速更快（33.6% vs -3.4%），Cloudflare, Inc.自由现金流更多（$105.2M vs $5.8M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 2.4%）
海伦特洛伊是美国上市企业，主营自有及授权品牌家居用品、健康家居用品与美容产品的设计研发和全球营销，旗下拥有OXO International、Kaz等多家子公司。公司注册总部设于百慕大汉密尔顿，美国运营总部位于得克萨斯州埃尔帕索，公司名称源自古希腊神话人物特洛伊海伦。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
HELE vs NET — 直观对比
营收规模更大
NET
是对方的1.2倍
$512.8M
营收增速更快
NET
高出37.0%
-3.4%
净利率更高
NET
高出14.4%
-16.4%
自由现金流更多
NET
多$99.5M
$5.8M
两年增速更快
NET
近两年复合增速
2.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $512.8M | $614.5M |
| 净利润 | $-84.1M | $-12.1M |
| 毛利率 | 46.9% | 73.6% |
| 营业利润率 | -1.6% | -8.0% |
| 净利率 | -16.4% | -2.0% |
| 营收同比 | -3.4% | 33.6% |
| 净利润同比 | -269.4% | 6.0% |
| 每股收益（稀释后） | $-3.65 | $-0.03 |
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HELENET
| Q4 25 | $512.8M | $614.5M | ||
| Q3 25 | $431.8M | $562.0M | ||
| Q2 25 | $371.7M | $512.3M | ||
| Q1 25 | $485.9M | $479.1M | ||
| Q4 24 | $530.7M | $459.9M | ||
| Q3 24 | $474.2M | $430.1M | ||
| Q2 24 | $416.8M | $401.0M | ||
| Q1 24 | $489.2M | $378.6M |
净利润HELENET
| Q4 25 | $-84.1M | $-12.1M | ||
| Q3 25 | $-308.6M | $-1.3M | ||
| Q2 25 | $-450.7M | $-50.4M | ||
| Q1 25 | $50.9M | $-38.5M | ||
| Q4 24 | $49.6M | $-12.8M | ||
| Q3 24 | $17.0M | $-15.3M | ||
| Q2 24 | $6.2M | $-15.1M | ||
| Q1 24 | $42.7M | $-35.5M |
毛利率HELENET
| Q4 25 | 46.9% | 73.6% | ||
| Q3 25 | 44.2% | 74.0% | ||
| Q2 25 | 47.1% | 74.9% | ||
| Q1 25 | 48.6% | 75.9% | ||
| Q4 24 | 48.9% | 76.4% | ||
| Q3 24 | 45.6% | 77.7% | ||
| Q2 24 | 48.7% | 77.8% | ||
| Q1 24 | 49.0% | 77.5% |
营业利润率HELENET
| Q4 25 | -1.6% | -8.0% | ||
| Q3 25 | -73.1% | -6.7% | ||
| Q2 25 | -109.5% | -13.1% | ||
| Q1 25 | 0.4% | -11.1% | ||
| Q4 24 | 14.2% | -7.5% | ||
| Q3 24 | 7.3% | -7.2% | ||
| Q2 24 | 7.4% | -8.7% | ||
| Q1 24 | 13.5% | -14.4% |
净利率HELENET
| Q4 25 | -16.4% | -2.0% | ||
| Q3 25 | -71.5% | -0.2% | ||
| Q2 25 | -121.3% | -9.8% | ||
| Q1 25 | 10.5% | -8.0% | ||
| Q4 24 | 9.3% | -2.8% | ||
| Q3 24 | 3.6% | -3.6% | ||
| Q2 24 | 1.5% | -3.8% | ||
| Q1 24 | 8.7% | -9.4% |
每股收益（稀释后）HELENET
| Q4 25 | $-3.65 | $-0.03 | ||
| Q3 25 | $-13.44 | $0.00 | ||
| Q2 25 | $-19.65 | $-0.15 | ||
| Q1 25 | $2.20 | $-0.11 | ||
| Q4 24 | $2.17 | $-0.05 | ||
| Q3 24 | $0.74 | $-0.04 | ||
| Q2 24 | $0.26 | $-0.04 | ||
| Q1 24 | $1.76 | $-0.10 |
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 | $27.1M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $852.3M | $1.5B |
| 总资产 | $2.3B | $6.0B |
| 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HELENET
| Q4 25 | $27.1M | $943.5M | ||
| Q3 25 | $22.4M | $1.1B | ||
| Q2 25 | $22.7M | $1.5B | ||
| Q1 25 | $18.9M | $204.5M | ||
| Q4 24 | $40.8M | $147.7M | ||
| Q3 24 | $20.1M | $182.9M | ||
| Q2 24 | $16.1M | $157.0M | ||
| Q1 24 | $18.5M | $254.4M |
总债务HELENET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $921.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $672.0M | — |
股东权益HELENET
| Q4 25 | $852.3M | $1.5B | ||
| Q3 25 | $926.3M | $1.3B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.6B | $973.1M | ||
| Q2 24 | $1.5B | $881.5M | ||
| Q1 24 | $1.6B | $797.2M |
总资产HELENET
| Q4 25 | $2.3B | $6.0B | ||
| Q3 25 | $2.4B | $5.8B | ||
| Q2 25 | $2.7B | $5.6B | ||
| Q1 25 | $3.1B | $3.7B | ||
| Q4 24 | $3.0B | $3.3B | ||
| Q3 24 | $2.9B | $3.1B | ||
| Q2 24 | $2.8B | $2.9B | ||
| Q1 24 | $2.8B | $2.8B |
负债/权益比HELENET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.55× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.41× | — |
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 | $11.9M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $5.8M | $105.2M |
| 自由现金流率自由现金流/营收 | 1.1% | 17.1% |
| 资本支出强度资本支出/营收 | 1.2% | 13.9% |
| 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 | $55.9M | $287.5M |
8季度趋势，按日历期对齐
经营现金流HELENET
| Q4 25 | $11.9M | $190.4M | ||
| Q3 25 | $-10.5M | $167.1M | ||
| Q2 25 | $58.3M | $99.8M | ||
| Q1 25 | $35.0M | $145.8M | ||
| Q4 24 | $8.3M | $127.3M | ||
| Q3 24 | $44.6M | $104.7M | ||
| Q2 24 | $25.3M | $74.8M | ||
| Q1 24 | $73.6M | $73.6M |
自由现金流HELENET
| Q4 25 | $5.8M | $105.2M | ||
| Q3 25 | $-21.9M | $82.5M | ||
| Q2 25 | $45.0M | $39.9M | ||
| Q1 25 | $27.1M | $59.9M | ||
| Q4 24 | $191.0K | $54.2M | ||
| Q3 24 | $39.7M | $54.5M | ||
| Q2 24 | $16.2M | $45.2M | ||
| Q1 24 | $66.6M | $41.5M |
自由现金流率HELENET
| Q4 25 | 1.1% | 17.1% | ||
| Q3 25 | -5.1% | 14.7% | ||
| Q2 25 | 12.1% | 7.8% | ||
| Q1 25 | 5.6% | 12.5% | ||
| Q4 24 | 0.0% | 11.8% | ||
| Q3 24 | 8.4% | 12.7% | ||
| Q2 24 | 3.9% | 11.3% | ||
| Q1 24 | 13.6% | 11.0% |
资本支出强度HELENET
| Q4 25 | 1.2% | 13.9% | ||
| Q3 25 | 2.7% | 15.1% | ||
| Q2 25 | 3.6% | 11.7% | ||
| Q1 25 | 1.6% | 17.9% | ||
| Q4 24 | 1.5% | 15.9% | ||
| Q3 24 | 1.0% | 11.7% | ||
| Q2 24 | 2.2% | 7.4% | ||
| Q1 24 | 1.4% | 8.5% |
现金转化率HELENET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 2.62× | — | ||
| Q2 24 | 4.08× | — | ||
| Q1 24 | 1.72× | — |
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
HELE
| Beauty Wellness | $283.2M | 55% |
| Home Outdoor | $229.6M | 45% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
