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KeyCorp（KEY）与Atlassian Corp（TEAM）财务数据对比。点击上方公司名可切换其他公司
KeyCorp的季度营收约是Atlassian Corp的1.3倍（$2.0B vs $1.6B），KeyCorp净利率更高（25.4% vs -2.7%，领先28.1%），KeyCorp同比增速更快（131.8% vs 23.3%），KeyCorp自由现金流更多（$2.1B vs $168.5M）
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
Dragoneer投资集团是总部位于美国加利福尼亚州旧金山的专业投资机构，专注于全球科技领域的投资布局，业务覆盖公开股票市场与私募股权市场，在全球科技投资赛道拥有丰富的运作经验和行业资源。
KEY vs TEAM — 直观对比
营收规模更大
KEY
是对方的1.3倍
$1.6B
营收增速更快
KEY
高出108.5%
23.3%
净利率更高
KEY
高出28.1%
-2.7%
自由现金流更多
KEY
多$1.9B
$168.5M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.6B |
| 净利润 | $510.0M | $-42.6M |
| 毛利率 | — | 85.0% |
| 营业利润率 | 32.3% | -3.0% |
| 净利率 | 25.4% | -2.7% |
| 营收同比 | 131.8% | 23.3% |
| 净利润同比 | 309.0% | -11.6% |
| 每股收益（稀释后） | $0.43 | $-0.16 |
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KEYTEAM
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $865.0M | $1.3B | ||
| Q3 24 | $695.0M | $1.2B | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | $1.2B |
净利润KEYTEAM
| Q4 25 | $510.0M | $-42.6M | ||
| Q3 25 | $489.0M | $-51.9M | ||
| Q2 25 | $425.0M | $-23.9M | ||
| Q1 25 | $405.0M | $-70.8M | ||
| Q4 24 | $-244.0M | $-38.2M | ||
| Q3 24 | $-410.0M | $-123.8M | ||
| Q2 24 | $274.0M | — | ||
| Q1 24 | $219.0M | $12.8M |
毛利率KEYTEAM
| Q4 25 | — | 85.0% | ||
| Q3 25 | — | 82.0% | ||
| Q2 25 | — | 83.1% | ||
| Q1 25 | — | 83.8% | ||
| Q4 24 | — | 82.7% | ||
| Q3 24 | — | 81.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 82.1% |
营业利润率KEYTEAM
| Q4 25 | 32.3% | -3.0% | ||
| Q3 25 | 31.8% | -6.7% | ||
| Q2 25 | 29.3% | -2.1% | ||
| Q1 25 | 29.0% | -0.9% | ||
| Q4 24 | -92.6% | -4.5% | ||
| Q3 24 | -72.8% | -2.7% | ||
| Q2 24 | 22.0% | — | ||
| Q1 24 | 18.1% | 1.5% |
净利率KEYTEAM
| Q4 25 | 25.4% | -2.7% | ||
| Q3 25 | 25.8% | -3.6% | ||
| Q2 25 | 23.1% | -1.7% | ||
| Q1 25 | 22.8% | -5.2% | ||
| Q4 24 | -54.7% | -3.0% | ||
| Q3 24 | -59.0% | -10.4% | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 14.3% | 1.1% |
每股收益（稀释后）KEYTEAM
| Q4 25 | $0.43 | $-0.16 | ||
| Q3 25 | $0.41 | $-0.20 | ||
| Q2 25 | $0.35 | $-0.08 | ||
| Q1 25 | $0.33 | $-0.27 | ||
| Q4 24 | $-0.30 | $-0.15 | ||
| Q3 24 | $-0.47 | $-0.48 | ||
| Q2 24 | $0.25 | — | ||
| Q1 24 | $0.20 | $0.05 |
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 | $10.2B | $1.6B |
| 总债务越低越好 | $9.9B | — |
| 股东权益账面价值 | $20.4B | $1.6B |
| 总资产 | $184.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.49× | — |
8季度趋势，按日历期对齐
现金及短期投资KEYTEAM
| Q4 25 | $10.2B | $1.6B | ||
| Q3 25 | $13.3B | $2.8B | ||
| Q2 25 | $11.6B | $2.9B | ||
| Q1 25 | $15.3B | $3.0B | ||
| Q4 24 | $17.5B | $2.5B | ||
| Q3 24 | $22.8B | $2.2B | ||
| Q2 24 | $15.5B | — | ||
| Q1 24 | $13.2B | $2.1B |
总债务KEYTEAM
| Q4 25 | $9.9B | — | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | — | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — | ||
| Q1 24 | $20.8B | — |
股东权益KEYTEAM
| Q4 25 | $20.4B | $1.6B | ||
| Q3 25 | $20.1B | $1.4B | ||
| Q2 25 | $19.5B | $1.3B | ||
| Q1 25 | $19.0B | $1.4B | ||
| Q4 24 | $18.2B | $1.2B | ||
| Q3 24 | $16.9B | $1.0B | ||
| Q2 24 | $14.8B | — | ||
| Q1 24 | $14.5B | $1.1B |
总资产KEYTEAM
| Q4 25 | $184.4B | $6.2B | ||
| Q3 25 | $187.4B | $5.7B | ||
| Q2 25 | $185.5B | $6.0B | ||
| Q1 25 | $188.7B | $5.9B | ||
| Q4 24 | $187.2B | $5.4B | ||
| Q3 24 | $189.8B | $5.0B | ||
| Q2 24 | $187.4B | — | ||
| Q1 24 | $187.5B | $5.1B |
负债/权益比KEYTEAM
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 1.43× | — |
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 | $2.2B | $177.8M |
| 自由现金流经营现金流 - 资本支出 | $2.1B | $168.5M |
| 自由现金流率自由现金流/营收 | 104.8% | 10.6% |
| 资本支出强度资本支出/营收 | 5.3% | 0.6% |
| 现金转化率经营现金流/净利润 | 4.33× | — |
| 过去12个月自由现金流最近4个季度 | $3.5B | $1.3B |
8季度趋势，按日历期对齐
经营现金流KEYTEAM
| Q4 25 | $2.2B | $177.8M | ||
| Q3 25 | $396.0M | $128.7M | ||
| Q2 25 | $1.2B | $375.3M | ||
| Q1 25 | $-140.0M | $652.7M | ||
| Q4 24 | $664.0M | $351.9M | ||
| Q3 24 | $-1.2B | $80.5M | ||
| Q2 24 | $-217.0M | — | ||
| Q1 24 | $359.0M | $565.4M |
自由现金流KEYTEAM
| Q4 25 | $2.1B | $168.5M | ||
| Q3 25 | $367.0M | $114.6M | ||
| Q2 25 | $1.2B | $360.3M | ||
| Q1 25 | $-150.0M | $638.3M | ||
| Q4 24 | $599.0M | $342.6M | ||
| Q3 24 | $-1.2B | $74.3M | ||
| Q2 24 | $-230.0M | — | ||
| Q1 24 | $347.0M | $554.9M |
自由现金流率KEYTEAM
| Q4 25 | 104.8% | 10.6% | ||
| Q3 25 | 19.4% | 8.0% | ||
| Q2 25 | 65.8% | 26.0% | ||
| Q1 25 | -8.5% | 47.0% | ||
| Q4 24 | 69.2% | 26.6% | ||
| Q3 24 | -175.8% | 6.3% | ||
| Q2 24 | -15.1% | — | ||
| Q1 24 | 22.6% | 46.7% |
资本支出强度KEYTEAM
| Q4 25 | 5.3% | 0.6% | ||
| Q3 25 | 1.5% | 1.0% | ||
| Q2 25 | 1.3% | 1.1% | ||
| Q1 25 | 0.6% | 1.1% | ||
| Q4 24 | 7.5% | 0.7% | ||
| Q3 24 | 2.4% | 0.5% | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.8% | 0.9% |
现金转化率KEYTEAM
| Q4 25 | 4.33× | — | ||
| Q3 25 | 0.81× | — | ||
| Q2 25 | 2.90× | — | ||
| Q1 25 | -0.35× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.79× | — | ||
| Q1 24 | 1.64× | 44.34× |
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
KEY
暂无分部数据
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |
