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罗技（LOGI）与维谛技术（VRT）财务数据对比。点击上方公司名可切换其他公司
维谛技术的季度营收约是罗技的1.9倍（$2.6B vs $1.4B），罗技净利率更高（17.7% vs 14.7%，领先2.9%），维谛技术同比增速更快（30.1% vs 6.1%），维谛技术自由现金流更多（$652.8M vs $465.6M），过去两年罗技的营收复合增速更高（18.5% vs 16.5%）
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
维谛技术（Vertiv）是一家美国跨国企业，专注于为数据中心、通信网络、商业及工业场景提供关键基础设施及配套服务，旗下方案可有效保障各行业客户关键业务系统的稳定高效运行。
LOGI vs VRT — 直观对比
营收规模更大
VRT
是对方的1.9倍
$1.4B
营收增速更快
VRT
高出24.1%
6.1%
净利率更高
LOGI
高出2.9%
14.7%
自由现金流更多
VRT
多$187.2M
$465.6M
两年增速更快
LOGI
近两年复合增速
16.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.6B |
| 净利润 | $251.0M | $390.1M |
| 毛利率 | 43.2% | 37.7% |
| 营业利润率 | 20.1% | — |
| 净利率 | 17.7% | 14.7% |
| 营收同比 | 6.1% | 30.1% |
| 净利润同比 | 25.4% | 137.1% |
| 每股收益（稀释后） | $1.69 | $0.99 |
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LOGIVRT
| Q1 26 | — | $2.6B | ||
| Q4 25 | $1.4B | $2.9B | ||
| Q3 25 | $1.2B | $2.7B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.0B | $2.0B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.1B | $2.0B |
净利润LOGIVRT
| Q1 26 | — | $390.1M | ||
| Q4 25 | $251.0M | $445.6M | ||
| Q3 25 | $170.7M | $398.5M | ||
| Q2 25 | $146.0M | $324.2M | ||
| Q1 25 | $144.1M | $164.5M | ||
| Q4 24 | $200.1M | $147.0M | ||
| Q3 24 | $145.5M | $176.6M | ||
| Q2 24 | $141.8M | $178.1M |
毛利率LOGIVRT
| Q1 26 | — | 37.7% | ||
| Q4 25 | 43.2% | 38.9% | ||
| Q3 25 | 43.4% | 37.8% | ||
| Q2 25 | 41.7% | 34.0% | ||
| Q1 25 | 43.1% | 33.7% | ||
| Q4 24 | 42.9% | 37.1% | ||
| Q3 24 | 43.6% | 36.5% | ||
| Q2 24 | 42.8% | 38.0% |
营业利润率LOGIVRT
| Q1 26 | — | — | ||
| Q4 25 | 20.1% | 20.1% | ||
| Q3 25 | 16.1% | 19.3% | ||
| Q2 25 | 14.1% | 16.8% | ||
| Q1 25 | 10.5% | 14.3% | ||
| Q4 24 | 17.5% | 19.5% | ||
| Q3 24 | 14.4% | 17.9% | ||
| Q2 24 | 14.1% | 17.2% |
净利率LOGIVRT
| Q1 26 | — | 14.7% | ||
| Q4 25 | 17.7% | 15.5% | ||
| Q3 25 | 14.4% | 14.9% | ||
| Q2 25 | 12.7% | 12.3% | ||
| Q1 25 | 14.3% | 8.1% | ||
| Q4 24 | 14.9% | 6.3% | ||
| Q3 24 | 13.0% | 8.5% | ||
| Q2 24 | 13.0% | 9.1% |
每股收益（稀释后）LOGIVRT
| Q1 26 | — | $0.99 | ||
| Q4 25 | $1.69 | $1.14 | ||
| Q3 25 | $1.15 | $1.02 | ||
| Q2 25 | $0.98 | $0.83 | ||
| Q1 25 | $0.94 | $0.42 | ||
| Q4 24 | $1.32 | $0.38 | ||
| Q3 24 | $0.95 | $0.46 | ||
| Q2 24 | $0.92 | $0.46 |
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 | $1.8B | $2.5B |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $2.3B | $4.2B |
| 总资产 | $4.1B | $13.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资LOGIVRT
| Q1 26 | — | $2.5B | ||
| Q4 25 | $1.8B | $1.7B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.4B | $908.7M | ||
| Q2 24 | $1.5B | $579.7M |
总债务LOGIVRT
| Q1 26 | — | $0 | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.9B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.9B |
股东权益LOGIVRT
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.3B | $3.9B | ||
| Q3 25 | $2.1B | $3.5B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.1B | $2.4B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $2.2B | $1.5B |
总资产LOGIVRT
| Q1 26 | — | $13.4B | ||
| Q4 25 | $4.1B | $12.2B | ||
| Q3 25 | $3.7B | $10.8B | ||
| Q2 25 | $3.7B | $10.4B | ||
| Q1 25 | $3.5B | $9.5B | ||
| Q4 24 | $3.7B | $9.1B | ||
| Q3 24 | $3.6B | $8.9B | ||
| Q2 24 | $3.7B | $8.1B |
负债/权益比LOGIVRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.20× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.91× |
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 | $480.5M | — |
| 自由现金流经营现金流 - 资本支出 | $465.6M | $652.8M |
| 自由现金流率自由现金流/营收 | 32.8% | 24.6% |
| 资本支出强度资本支出/营收 | 1.0% | 4.2% |
| 现金转化率经营现金流/净利润 | 1.91× | — |
| 过去12个月自由现金流最近4个季度 | $903.6M | $2.3B |
8季度趋势，按日历期对齐
经营现金流LOGIVRT
| Q1 26 | — | — | ||
| Q4 25 | $480.5M | $978.9M | ||
| Q3 25 | $228.8M | $508.7M | ||
| Q2 25 | $125.0M | $322.9M | ||
| Q1 25 | $129.7M | $303.3M | ||
| Q4 24 | $370.9M | $425.2M | ||
| Q3 24 | $166.0M | $378.2M | ||
| Q2 24 | $176.0M | $378.4M |
自由现金流LOGIVRT
| Q1 26 | — | $652.8M | ||
| Q4 25 | $465.6M | $885.6M | ||
| Q3 25 | $212.3M | $463.5M | ||
| Q2 25 | $108.8M | $277.9M | ||
| Q1 25 | $116.9M | $266.8M | ||
| Q4 24 | $356.6M | $364.5M | ||
| Q3 24 | $151.5M | $341.8M | ||
| Q2 24 | $161.4M | $344.3M |
自由现金流率LOGIVRT
| Q1 26 | — | 24.6% | ||
| Q4 25 | 32.8% | 30.8% | ||
| Q3 25 | 17.9% | 17.3% | ||
| Q2 25 | 9.5% | 10.5% | ||
| Q1 25 | 11.6% | 13.1% | ||
| Q4 24 | 26.6% | 15.5% | ||
| Q3 24 | 13.6% | 16.5% | ||
| Q2 24 | 14.8% | 17.6% |
资本支出强度LOGIVRT
| Q1 26 | — | 4.2% | ||
| Q4 25 | 1.0% | 3.2% | ||
| Q3 25 | 1.4% | 1.7% | ||
| Q2 25 | 1.4% | 1.7% | ||
| Q1 25 | 1.3% | 1.8% | ||
| Q4 24 | 1.1% | 2.6% | ||
| Q3 24 | 1.3% | 1.8% | ||
| Q2 24 | 1.3% | 1.7% |
现金转化率LOGIVRT
| Q1 26 | — | — | ||
| Q4 25 | 1.91× | 2.20× | ||
| Q3 25 | 1.34× | 1.28× | ||
| Q2 25 | 0.86× | 1.00× | ||
| Q1 25 | 0.90× | 1.84× | ||
| Q4 24 | 1.85× | 2.89× | ||
| Q3 24 | 1.14× | 2.14× | ||
| Q2 24 | 1.24× | 2.12× |
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
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
VRT
暂无分部数据
