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Kimco Realty（KIM）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Kimco Realty的1.1倍（$614.5M vs $558.0M），Kimco Realty净利率更高（29.8% vs -2.0%，领先31.8%），Cloudflare, Inc.同比增速更快（33.6% vs 4.0%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 5.6%）
Kimco Realty是总部位于美国纽约州杰里科的房地产投资信托企业，核心投资领域为购物中心类商业地产，在商业不动产投资及运营领域积累了深厚的行业经验与资源优势。
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。
KIM vs NET — 直观对比
营收规模更大
NET
是对方的1.1倍
$558.0M
营收增速更快
NET
高出29.6%
4.0%
净利率更高
KIM
高出31.8%
-2.0%
两年增速更快
NET
近两年复合增速
5.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $558.0M | $614.5M |
| 净利润 | $166.3M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 37.2% | -8.0% |
| 净利率 | 29.8% | -2.0% |
| 营收同比 | 4.0% | 33.6% |
| 净利润同比 | 23.7% | 6.0% |
| 每股收益（稀释后） | $0.46 | $-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KIMNET
| Q1 26 | $558.0M | — | ||
| Q4 25 | $542.5M | $614.5M | ||
| Q3 25 | $535.9M | $562.0M | ||
| Q2 25 | $525.2M | $512.3M | ||
| Q1 25 | $536.6M | $479.1M | ||
| Q4 24 | $525.4M | $459.9M | ||
| Q3 24 | $507.6M | $430.1M | ||
| Q2 24 | $500.2M | $401.0M |
净利润KIMNET
| Q1 26 | $166.3M | — | ||
| Q4 25 | $151.2M | $-12.1M | ||
| Q3 25 | $137.8M | $-1.3M | ||
| Q2 25 | $163.0M | $-50.4M | ||
| Q1 25 | $132.8M | $-38.5M | ||
| Q4 24 | $166.0M | $-12.8M | ||
| Q3 24 | $136.0M | $-15.3M | ||
| Q2 24 | $119.7M | $-15.1M |
毛利率KIMNET
| 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KIMNET
| Q1 26 | 37.2% | — | ||
| Q4 25 | 36.4% | -8.0% | ||
| Q3 25 | 34.9% | -6.7% | ||
| Q2 25 | 39.2% | -13.1% | ||
| Q1 25 | 33.6% | -11.1% | ||
| Q4 24 | 31.7% | -7.5% | ||
| Q3 24 | 33.7% | -7.2% | ||
| Q2 24 | 32.1% | -8.7% |
净利率KIMNET
| Q1 26 | 29.8% | — | ||
| Q4 25 | 27.9% | -2.0% | ||
| Q3 25 | 25.7% | -0.2% | ||
| Q2 25 | 31.0% | -9.8% | ||
| Q1 25 | 24.8% | -8.0% | ||
| Q4 24 | 31.6% | -2.8% | ||
| Q3 24 | 26.8% | -3.6% | ||
| Q2 24 | 23.9% | -3.8% |
每股收益（稀释后）KIMNET
| Q1 26 | $0.46 | — | ||
| Q4 25 | — | $-0.03 | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | — | $-0.15 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $-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 | — | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.4B | $1.5B |
| 总资产 | $19.6B | $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KIMNET
| Q1 26 | — | — | ||
| Q4 25 | $211.6M | $943.5M | ||
| Q3 25 | $159.3M | $1.1B | ||
| Q2 25 | $226.6M | $1.5B | ||
| Q1 25 | $131.3M | $204.5M | ||
| Q4 24 | $688.6M | $147.7M | ||
| Q3 24 | $789.0M | $182.9M | ||
| Q2 24 | $126.4M | $157.0M |
总债务KIMNET
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益KIMNET
| Q1 26 | $10.4B | — | ||
| Q4 25 | $10.4B | $1.5B | ||
| Q3 25 | $10.5B | $1.3B | ||
| Q2 25 | $10.5B | $1.2B | ||
| Q1 25 | $10.6B | $1.4B | ||
| Q4 24 | $10.7B | $1.0B | ||
| Q3 24 | $10.5B | $973.1M | ||
| Q2 24 | $10.6B | $881.5M |
总资产KIMNET
| Q1 26 | $19.6B | — | ||
| Q4 25 | $19.7B | $6.0B | ||
| Q3 25 | $19.9B | $5.8B | ||
| Q2 25 | $19.8B | $5.6B | ||
| Q1 25 | $19.7B | $3.7B | ||
| Q4 24 | $20.3B | $3.3B | ||
| Q3 24 | $20.1B | $3.1B | ||
| Q2 24 | $19.5B | $2.9B |
负债/权益比KIMNET
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $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 | — | — |
| 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KIMNET
| Q1 26 | — | — | ||
| Q4 25 | $258.4M | $190.4M | ||
| Q3 25 | $332.4M | $167.1M | ||
| Q2 25 | $305.4M | $99.8M | ||
| Q1 25 | $223.8M | $145.8M | ||
| Q4 24 | $239.5M | $127.3M | ||
| Q3 24 | $295.9M | $104.7M | ||
| Q2 24 | $294.1M | $74.8M |
自由现金流KIMNET
| Q1 26 | — | — | ||
| Q4 25 | — | $105.2M | ||
| Q3 25 | — | $82.5M | ||
| Q2 25 | — | $39.9M | ||
| Q1 25 | $205.4M | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $54.5M | ||
| Q2 24 | — | $45.2M |
自由现金流率KIMNET
| Q1 26 | — | — | ||
| Q4 25 | — | 17.1% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | 38.3% | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 11.3% |
资本支出强度KIMNET
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 13.9% | ||
| Q3 25 | 0.0% | 15.1% | ||
| Q2 25 | 0.0% | 11.7% | ||
| Q1 25 | 3.4% | 17.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 7.4% |
现金转化率KIMNET
| Q1 26 | — | — | ||
| Q4 25 | 1.71× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.46× | — |
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
KIM
| Revenues from rental properties, net | $552.8M | 99% |
| Management and other fee income | $5.2M | 1% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
