vs
HUBSPOT INC（HUBS）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
HUBSPOT INC的季度营收约是RBC Bearings INC的1.8倍（$846.7M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 6.4%，领先8.2%），HUBSPOT INC同比增速更快（20.4% vs 17.0%），HUBSPOT INC自由现金流更多（$234.0M vs $99.1M），过去两年HUBSPOT INC的营收复合增速更高（17.1% vs 5.6%）
HubSpot Inc.是总部位于美国马萨诸塞州剑桥市的企业服务提供商，2006年由布莱恩·哈利根与达尔梅什·沙阿联合创立，专注于研发和推广适配营销、销售及客户服务全场景的软件产品，为全球各规模企业的数字化运营提供工具支持。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
HUBS vs RBC — 直观对比
营收规模更大
HUBS
是对方的1.8倍
$461.6M
营收增速更快
HUBS
高出3.4%
17.0%
净利率更高
RBC
高出8.2%
6.4%
自由现金流更多
HUBS
多$134.9M
$99.1M
两年增速更快
HUBS
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $846.7M | $461.6M |
| 净利润 | $54.4M | $67.4M |
| 毛利率 | 83.7% | 44.3% |
| 营业利润率 | 5.7% | 22.3% |
| 净利率 | 6.4% | 14.6% |
| 营收同比 | 20.4% | 17.0% |
| 净利润同比 | 992.2% | 16.4% |
| 每股收益（稀释后） | $1.03 | $2.13 |
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HUBSRBC
| Q4 25 | $846.7M | $461.6M | ||
| Q3 25 | $809.5M | $455.3M | ||
| Q2 25 | $760.9M | $436.0M | ||
| Q1 25 | $714.1M | $437.7M | ||
| Q4 24 | $703.2M | $394.4M | ||
| Q3 24 | $669.7M | $397.9M | ||
| Q2 24 | $637.2M | $406.3M | ||
| Q1 24 | $617.4M | $413.7M |
净利润HUBSRBC
| Q4 25 | $54.4M | $67.4M | ||
| Q3 25 | $16.5M | $60.0M | ||
| Q2 25 | $-3.3M | $68.5M | ||
| Q1 25 | $-21.8M | $72.7M | ||
| Q4 24 | $5.0M | $57.9M | ||
| Q3 24 | $8.1M | $54.2M | ||
| Q2 24 | $-14.4M | $61.4M | ||
| Q1 24 | $5.9M | — |
毛利率HUBSRBC
| Q4 25 | 83.7% | 44.3% | ||
| Q3 25 | 83.5% | 44.1% | ||
| Q2 25 | 83.9% | 44.8% | ||
| Q1 25 | 83.9% | 44.2% | ||
| Q4 24 | 85.3% | 44.3% | ||
| Q3 24 | 85.2% | 43.7% | ||
| Q2 24 | 85.0% | 45.3% | ||
| Q1 24 | 84.6% | 43.1% |
营业利润率HUBSRBC
| Q4 25 | 5.7% | 22.3% | ||
| Q3 25 | 1.4% | 21.5% | ||
| Q2 25 | -3.2% | 23.2% | ||
| Q1 25 | -3.8% | 23.0% | ||
| Q4 24 | -1.5% | 21.7% | ||
| Q3 24 | -1.4% | 21.6% | ||
| Q2 24 | -3.8% | 24.0% | ||
| Q1 24 | -3.8% | 22.8% |
净利率HUBSRBC
| Q4 25 | 6.4% | 14.6% | ||
| Q3 25 | 2.0% | 13.2% | ||
| Q2 25 | -0.4% | 15.7% | ||
| Q1 25 | -3.1% | 16.6% | ||
| Q4 24 | 0.7% | 14.7% | ||
| Q3 24 | 1.2% | 13.6% | ||
| Q2 24 | -2.3% | 15.1% | ||
| Q1 24 | 1.0% | — |
每股收益（稀释后）HUBSRBC
| Q4 25 | $1.03 | $2.13 | ||
| Q3 25 | $0.31 | $1.90 | ||
| Q2 25 | $-0.06 | $2.17 | ||
| Q1 25 | $-0.42 | $2.33 | ||
| Q4 24 | $0.09 | $1.82 | ||
| Q3 24 | $0.16 | $1.65 | ||
| Q2 24 | $-0.28 | $1.90 | ||
| Q1 24 | $0.12 | $1.92 |
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 | $882.2M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $2.1B | $3.3B |
| 总资产 | $3.9B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资HUBSRBC
| Q4 25 | $882.2M | $107.6M | ||
| Q3 25 | $614.4M | $91.2M | ||
| Q2 25 | $601.2M | $132.9M | ||
| Q1 25 | $625.0M | $36.8M | ||
| Q4 24 | $512.7M | — | ||
| Q3 24 | $410.1M | — | ||
| Q2 24 | $797.9M | $76.8M | ||
| Q1 24 | $447.8M | $63.5M |
总债务HUBSRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益HUBSRBC
| Q4 25 | $2.1B | $3.3B | ||
| Q3 25 | $1.9B | $3.2B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.0B | $3.0B | ||
| Q4 24 | $1.9B | $2.9B | ||
| Q3 24 | $1.8B | $2.9B | ||
| Q2 24 | $1.6B | $2.8B | ||
| Q1 24 | $1.4B | $2.8B |
总资产HUBSRBC
| Q4 25 | $3.9B | $5.1B | ||
| Q3 25 | $3.5B | $5.1B | ||
| Q2 25 | $3.7B | $4.8B | ||
| Q1 25 | $3.9B | $4.7B | ||
| Q4 24 | $3.8B | $4.7B | ||
| Q3 24 | $3.6B | $4.7B | ||
| Q2 24 | $3.4B | $4.7B | ||
| Q1 24 | $3.2B | $4.7B |
负债/权益比HUBSRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $247.4M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $234.0M | $99.1M |
| 自由现金流率自由现金流/营收 | 27.6% | 21.5% |
| 资本支出强度资本支出/营收 | 1.6% | 5.0% |
| 现金转化率经营现金流/净利润 | 4.55× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $707.6M | — |
8季度趋势，按日历期对齐
经营现金流HUBSRBC
| Q4 25 | $247.4M | $122.1M | ||
| Q3 25 | $187.4M | $88.4M | ||
| Q2 25 | $164.4M | $120.0M | ||
| Q1 25 | $161.6M | — | ||
| Q4 24 | $194.1M | $84.0M | ||
| Q3 24 | $159.5M | — | ||
| Q2 24 | $117.8M | $97.4M | ||
| Q1 24 | $127.1M | — |
自由现金流HUBSRBC
| Q4 25 | $234.0M | $99.1M | ||
| Q3 25 | $177.0M | $71.7M | ||
| Q2 25 | $148.3M | $104.3M | ||
| Q1 25 | $148.2M | — | ||
| Q4 24 | $181.4M | $73.6M | ||
| Q3 24 | $148.4M | — | ||
| Q2 24 | $109.6M | $88.4M | ||
| Q1 24 | $121.2M | — |
自由现金流率HUBSRBC
| Q4 25 | 27.6% | 21.5% | ||
| Q3 25 | 21.9% | 15.7% | ||
| Q2 25 | 19.5% | 23.9% | ||
| Q1 25 | 20.8% | — | ||
| Q4 24 | 25.8% | 18.7% | ||
| Q3 24 | 22.2% | — | ||
| Q2 24 | 17.2% | 21.8% | ||
| Q1 24 | 19.6% | — |
资本支出强度HUBSRBC
| Q4 25 | 1.6% | 5.0% | ||
| Q3 25 | 1.3% | 3.7% | ||
| Q2 25 | 2.1% | 3.6% | ||
| Q1 25 | 1.9% | 3.2% | ||
| Q4 24 | 1.8% | 2.6% | ||
| Q3 24 | 1.7% | 4.1% | ||
| Q2 24 | 1.3% | 2.2% | ||
| Q1 24 | 1.0% | — |
现金转化率HUBSRBC
| Q4 25 | 4.55× | 1.81× | ||
| Q3 25 | 11.33× | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | 38.96× | 1.45× | ||
| Q3 24 | 19.59× | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | 21.42× | — |
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
HUBS
| Subscription And Circulation | $829.0M | 98% |
| Services | $17.8M | 2% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
