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罗宾汉（HOOD）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
罗宾汉的季度营收约是Cloudflare, Inc.的1.7倍（$1.1B vs $614.5M），罗宾汉净利率更高（32.4% vs -2.0%，领先34.4%），Cloudflare, Inc.同比增速更快（33.6% vs 15.1%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 25.1%）
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
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。
HOOD vs NET — 直观对比
营收规模更大
HOOD
是对方的1.7倍
$614.5M
营收增速更快
NET
高出18.5%
15.1%
净利率更高
HOOD
高出34.4%
-2.0%
两年增速更快
NET
近两年复合增速
25.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $614.5M |
| 净利润 | $346.0M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 38.5% | -8.0% |
| 净利率 | 32.4% | -2.0% |
| 营收同比 | 15.1% | 33.6% |
| 净利润同比 | 3.0% | 6.0% |
| 每股收益（稀释后） | $0.38 | $-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HOODNET
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.3B | $614.5M | ||
| Q3 25 | $1.3B | $562.0M | ||
| Q2 25 | $989.0M | $512.3M | ||
| Q1 25 | $927.0M | $479.1M | ||
| Q4 24 | $1.0B | $459.9M | ||
| Q3 24 | $637.0M | $430.1M | ||
| Q2 24 | $682.0M | $401.0M |
净利润HOODNET
| Q1 26 | $346.0M | — | ||
| Q4 25 | $605.0M | $-12.1M | ||
| Q3 25 | $556.0M | $-1.3M | ||
| Q2 25 | $386.0M | $-50.4M | ||
| Q1 25 | $336.0M | $-38.5M | ||
| Q4 24 | $916.0M | $-12.8M | ||
| Q3 24 | $150.0M | $-15.3M | ||
| Q2 24 | $188.0M | $-15.1M |
毛利率HOODNET
| Q1 26 | — | — | ||
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% |
营业利润率HOODNET
| Q1 26 | 38.5% | — | ||
| Q4 25 | 51.5% | -8.0% | ||
| Q3 25 | 49.8% | -6.7% | ||
| Q2 25 | 44.7% | -13.1% | ||
| Q1 25 | 40.0% | -11.1% | ||
| Q4 24 | 55.0% | -7.5% | ||
| Q3 24 | 24.0% | -7.2% | ||
| Q2 24 | 28.0% | -8.7% |
净利率HOODNET
| Q1 26 | 32.4% | — | ||
| Q4 25 | 47.2% | -2.0% | ||
| Q3 25 | 43.6% | -0.2% | ||
| Q2 25 | 39.0% | -9.8% | ||
| Q1 25 | 36.2% | -8.0% | ||
| Q4 24 | 90.3% | -2.8% | ||
| Q3 24 | 23.5% | -3.6% | ||
| Q2 24 | 27.6% | -3.8% |
每股收益（稀释后）HOODNET
| Q1 26 | $0.38 | — | ||
| Q4 25 | $0.65 | $-0.03 | ||
| Q3 25 | $0.61 | $0.00 | ||
| Q2 25 | $0.42 | $-0.15 | ||
| Q1 25 | $0.37 | $-0.11 | ||
| Q4 24 | $1.00 | $-0.05 | ||
| Q3 24 | $0.17 | $-0.04 | ||
| Q2 24 | $0.21 | $-0.04 |
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 | $5.0B | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $9.7B | $1.5B |
| 总资产 | $45.5B | $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HOODNET
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.3B | $943.5M | ||
| Q3 25 | $4.3B | $1.1B | ||
| Q2 25 | $4.2B | $1.5B | ||
| Q1 25 | $4.4B | $204.5M | ||
| Q4 24 | $4.3B | $147.7M | ||
| Q3 24 | $4.6B | $182.9M | ||
| Q2 24 | $4.5B | $157.0M |
股东权益HOODNET
| Q1 26 | $9.7B | — | ||
| Q4 25 | $9.2B | $1.5B | ||
| Q3 25 | $8.6B | $1.3B | ||
| Q2 25 | $8.1B | $1.2B | ||
| Q1 25 | $8.0B | $1.4B | ||
| Q4 24 | $8.0B | $1.0B | ||
| Q3 24 | $7.2B | $973.1M | ||
| Q2 24 | $7.1B | $881.5M |
总资产HOODNET
| Q1 26 | $45.5B | — | ||
| Q4 25 | $38.1B | $6.0B | ||
| Q3 25 | $41.5B | $5.8B | ||
| Q2 25 | $35.3B | $5.6B | ||
| Q1 25 | $27.5B | $3.7B | ||
| Q4 24 | $26.2B | $3.3B | ||
| Q3 24 | $43.2B | $3.1B | ||
| Q2 24 | $41.3B | $2.9B |
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 | $2.0B | $190.4M |
| 自由现金流经营现金流 - 资本支出 | — | $105.2M |
| 自由现金流率自由现金流/营收 | — | 17.1% |
| 资本支出强度资本支出/营收 | — | 13.9% |
| 现金转化率经营现金流/净利润 | 5.89× | — |
| 过去12个月自由现金流最近4个季度 | — | $287.5M |
8季度趋势，按日历期对齐
经营现金流HOODNET
| Q1 26 | $2.0B | — | ||
| Q4 25 | $-937.0M | $190.4M | ||
| Q3 25 | $-1.6B | $167.1M | ||
| Q2 25 | $3.5B | $99.8M | ||
| Q1 25 | $642.0M | $145.8M | ||
| Q4 24 | $-1.4B | $127.3M | ||
| Q3 24 | $1.8B | $104.7M | ||
| Q2 24 | $54.0M | $74.8M |
自由现金流HOODNET
| Q1 26 | — | — | ||
| Q4 25 | — | $105.2M | ||
| Q3 25 | — | $82.5M | ||
| Q2 25 | — | $39.9M | ||
| Q1 25 | — | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $54.5M | ||
| Q2 24 | — | $45.2M |
自由现金流率HOODNET
| Q1 26 | — | — | ||
| Q4 25 | — | 17.1% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 11.3% |
资本支出强度HOODNET
| Q1 26 | — | — | ||
| Q4 25 | — | 13.9% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 11.7% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 7.4% |
现金转化率HOODNET
| Q1 26 | 5.89× | — | ||
| Q4 25 | -1.55× | — | ||
| Q3 25 | -2.83× | — | ||
| Q2 25 | 9.09× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | -1.53× | — | ||
| Q3 24 | 12.08× | — | ||
| Q2 24 | 0.29× | — |
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
HOOD
| Net interest | $359.0M | 34% |
| Options | $260.0M | 24% |
| Other transaction | $147.0M | 14% |
| Cryptocurrencies | $134.0M | 13% |
| Other revenues | $85.0M | 8% |
| Equities | $82.0M | 8% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
