vs
罗技（LOGI）与施乐（XRX）财务数据对比。点击上方公司名可切换其他公司
施乐的季度营收约是罗技的1.4倍（$2.0B vs $1.4B）。施乐同比增速更快（25.7% vs 6.1%）。罗技自由现金流更多（$465.6M vs $192.0M）。过去两年罗技的营收复合增速更高（18.5% vs 16.2%）
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。
施乐控股是源自美国的知名办公设备服务商，面向全球超160个国家提供打印机与数码文档相关产品及服务。1959年推出Xerox 914后，施乐成为静电复印市场的开创者，品牌名“xerox”甚至在英语中成为复印的代名词，公司总部现位于美国康涅狄格州诺沃克。
LOGI vs XRX — 直观对比
营收规模更大
XRX
是对方的1.4倍
$1.4B
营收增速更快
XRX
高出19.7%
6.1%
自由现金流更多
LOGI
多$273.6M
$192.0M
两年增速更快
LOGI
近两年复合增速
16.2%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.0B |
| 净利润 | $251.0M | — |
| 毛利率 | 43.2% | — |
| 营业利润率 | 20.1% | — |
| 净利率 | 17.7% | — |
| 营收同比 | 6.1% | 25.7% |
| 净利润同比 | 25.4% | — |
| 每股收益（稀释后） | $1.69 | $-0.62 |
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LOGIXRX
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.5B |
净利润LOGIXRX
| Q4 25 | $251.0M | — | ||
| Q3 25 | $170.7M | $-760.0M | ||
| Q2 25 | $146.0M | $-106.0M | ||
| Q1 25 | $144.1M | $-90.0M | ||
| Q4 24 | $200.1M | — | ||
| Q3 24 | $145.5M | $-1.2B | ||
| Q2 24 | $141.8M | $18.0M | ||
| Q1 24 | $167.6M | $-113.0M |
毛利率LOGIXRX
| Q4 25 | 43.2% | — | ||
| Q3 25 | 43.4% | — | ||
| Q2 25 | 41.7% | — | ||
| Q1 25 | 43.1% | — | ||
| Q4 24 | 42.9% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 42.8% | — | ||
| Q1 24 | 43.2% | — |
营业利润率LOGIXRX
| Q4 25 | 20.1% | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 14.1% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 14.1% | — | ||
| Q1 24 | 12.9% | — |
净利率LOGIXRX
| Q4 25 | 17.7% | — | ||
| Q3 25 | 14.4% | -38.8% | ||
| Q2 25 | 12.7% | -6.7% | ||
| Q1 25 | 14.3% | -6.2% | ||
| Q4 24 | 14.9% | — | ||
| Q3 24 | 13.0% | -78.9% | ||
| Q2 24 | 13.0% | 1.1% | ||
| Q1 24 | 16.6% | -7.5% |
每股收益（稀释后）LOGIXRX
| Q4 25 | $1.69 | $-0.62 | ||
| Q3 25 | $1.15 | $-6.01 | ||
| Q2 25 | $0.98 | $-0.87 | ||
| Q1 25 | $0.94 | $-0.75 | ||
| Q4 24 | $1.32 | $-0.21 | ||
| Q3 24 | $0.95 | $-9.71 | ||
| Q2 24 | $0.92 | $0.11 | ||
| Q1 24 | $1.07 | $-0.94 |
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 | $512.0M |
| 总债务越低越好 | — | $4.0B |
| 股东权益账面价值 | $2.3B | $444.0M |
| 总资产 | $4.1B | $9.8B |
| 负债/权益比越低杠杆越低 | — | 9.05× |
8季度趋势，按日历期对齐
现金及短期投资LOGIXRX
| Q4 25 | $1.8B | $512.0M | ||
| Q3 25 | $1.4B | $479.0M | ||
| Q2 25 | $1.5B | $449.0M | ||
| Q1 25 | $1.5B | $336.0M | ||
| Q4 24 | $1.5B | $576.0M | ||
| Q3 24 | $1.4B | $521.0M | ||
| Q2 24 | $1.5B | $485.0M | ||
| Q1 24 | $1.5B | $685.0M |
总债务LOGIXRX
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $3.5B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益LOGIXRX
| Q4 25 | $2.3B | $444.0M | ||
| Q3 25 | $2.1B | $365.0M | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.1B | $1.1B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $2.2B | $2.4B | ||
| Q1 24 | $2.2B | $2.4B |
总资产LOGIXRX
| Q4 25 | $4.1B | $9.8B | ||
| Q3 25 | $3.7B | $10.1B | ||
| Q2 25 | $3.7B | $8.9B | ||
| Q1 25 | $3.5B | $8.2B | ||
| Q4 24 | $3.7B | $8.4B | ||
| Q3 24 | $3.6B | $8.3B | ||
| Q2 24 | $3.7B | $9.5B | ||
| Q1 24 | $3.6B | $9.9B |
负债/权益比LOGIXRX
| Q4 25 | — | 9.05× | ||
| Q3 25 | — | 11.10× | ||
| Q2 25 | — | 3.11× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | 2.62× | ||
| Q3 24 | — | 2.11× | ||
| Q2 24 | — | 1.34× | ||
| Q1 24 | — | 1.35× |
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 | $208.0M |
| 自由现金流经营现金流 - 资本支出 | $465.6M | $192.0M |
| 自由现金流率自由现金流/营收 | 32.8% | 9.5% |
| 资本支出强度资本支出/营收 | 1.0% | 0.8% |
| 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 | $187.0M |
8季度趋势，按日历期对齐
经营现金流LOGIXRX
| Q4 25 | $480.5M | $208.0M | ||
| Q3 25 | $228.8M | $116.0M | ||
| Q2 25 | $125.0M | $-11.0M | ||
| Q1 25 | $129.7M | $-89.0M | ||
| Q4 24 | $370.9M | $351.0M | ||
| Q3 24 | $166.0M | $116.0M | ||
| Q2 24 | $176.0M | $123.0M | ||
| Q1 24 | $239.1M | $-79.0M |
自由现金流LOGIXRX
| Q4 25 | $465.6M | $192.0M | ||
| Q3 25 | $212.3M | $104.0M | ||
| Q2 25 | $108.8M | $-15.0M | ||
| Q1 25 | $116.9M | $-94.0M | ||
| Q4 24 | $356.6M | $346.0M | ||
| Q3 24 | $151.5M | $108.0M | ||
| Q2 24 | $161.4M | $117.0M | ||
| Q1 24 | $228.8M | $-87.0M |
自由现金流率LOGIXRX
| Q4 25 | 32.8% | 9.5% | ||
| Q3 25 | 17.9% | 5.3% | ||
| Q2 25 | 9.5% | -1.0% | ||
| Q1 25 | 11.6% | -6.5% | ||
| Q4 24 | 26.6% | 21.5% | ||
| Q3 24 | 13.6% | 7.1% | ||
| Q2 24 | 14.8% | 7.4% | ||
| Q1 24 | 22.6% | -5.8% |
资本支出强度LOGIXRX
| Q4 25 | 1.0% | 0.8% | ||
| Q3 25 | 1.4% | 0.6% | ||
| Q2 25 | 1.4% | 0.3% | ||
| Q1 25 | 1.3% | 0.3% | ||
| Q4 24 | 1.1% | 0.3% | ||
| Q3 24 | 1.3% | 0.5% | ||
| Q2 24 | 1.3% | 0.4% | ||
| Q1 24 | 1.0% | 0.5% |
现金转化率LOGIXRX
| Q4 25 | 1.91× | — | ||
| Q3 25 | 1.34× | — | ||
| Q2 25 | 0.86× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.24× | 6.83× | ||
| Q1 24 | 1.43× | — |
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% |
XRX
| Other | $596.0M | 29% |
| Manufactured Product Other | $485.0M | 24% |
| Supplies Paper And Other Sales | $483.0M | 24% |
| IT Solutions Segment | $155.0M | 8% |
| CA | $128.0M | 6% |
| IT Products | $100.0M | 5% |
| Rental And Other | $52.0M | 3% |
| Financial Service | $29.0M | 1% |
