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Stride, Inc.（LRN）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
思佳讯的季度营收约是Stride, Inc.的1.5倍（$943.7M vs $629.9M），Stride, Inc.净利率更高（14.1% vs 3.8%，领先10.3%），Stride, Inc.同比增速更快（2.7% vs -1.0%），过去两年Stride, Inc.的营收复合增速更高（6.9% vs 2.1%）
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
LRN vs SWKS — 直观对比
营收规模更大
SWKS
是对方的1.5倍
$629.9M
营收增速更快
LRN
高出3.7%
-1.0%
净利率更高
LRN
高出10.3%
3.8%
两年增速更快
LRN
近两年复合增速
2.1%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $629.9M | $943.7M |
| 净利润 | $88.5M | $35.6M |
| 毛利率 | — | 40.8% |
| 营业利润率 | 20.5% | 4.5% |
| 净利率 | 14.1% | 3.8% |
| 营收同比 | 2.7% | -1.0% |
| 净利润同比 | 8.5% | -48.2% |
| 每股收益（稀释后） | $1.93 | $0.24 |
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LRNSWKS
| Q3 26 | $629.9M | — | ||
| Q2 26 | — | $943.7M | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $631.3M | $1.1B | ||
| Q3 25 | $620.9M | — | ||
| Q2 25 | $653.6M | $965.0M | ||
| Q1 25 | $613.4M | $953.2M | ||
| Q4 24 | $587.2M | $1.1B |
净利润LRNSWKS
| Q3 26 | $88.5M | — | ||
| Q2 26 | — | $35.6M | ||
| Q1 26 | — | $79.2M | ||
| Q4 25 | $99.5M | $141.4M | ||
| Q3 25 | $68.8M | — | ||
| Q2 25 | $51.3M | $105.0M | ||
| Q1 25 | $99.3M | $68.7M | ||
| Q4 24 | $96.4M | $162.0M |
毛利率LRNSWKS
| Q3 26 | — | — | ||
| Q2 26 | — | 40.8% | ||
| Q1 26 | — | 41.3% | ||
| Q4 25 | 41.1% | 40.7% | ||
| Q3 25 | 39.0% | — | ||
| Q2 25 | 36.6% | 41.6% | ||
| Q1 25 | 40.6% | 41.1% | ||
| Q4 24 | 40.8% | 41.4% |
营业利润率LRNSWKS
| Q3 26 | 20.5% | — | ||
| Q2 26 | — | 4.5% | ||
| Q1 26 | — | 10.0% | ||
| Q4 25 | 23.3% | 10.1% | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 8.7% | 11.5% | ||
| Q1 25 | 21.3% | 10.2% | ||
| Q4 24 | 21.3% | 16.9% |
净利率LRNSWKS
| Q3 26 | 14.1% | — | ||
| Q2 26 | — | 3.8% | ||
| Q1 26 | — | 7.6% | ||
| Q4 25 | 15.8% | 12.9% | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 7.9% | 10.9% | ||
| Q1 25 | 16.2% | 7.2% | ||
| Q4 24 | 16.4% | 15.2% |
每股收益（稀释后）LRNSWKS
| Q3 26 | $1.93 | — | ||
| Q2 26 | — | $0.24 | ||
| Q1 26 | — | $0.53 | ||
| Q4 25 | $2.12 | $0.95 | ||
| Q3 25 | $1.40 | — | ||
| Q2 25 | $0.96 | $0.70 | ||
| Q1 25 | $2.02 | $0.43 | ||
| Q4 24 | $2.03 | $1.00 |
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 | $614.0M | — |
| 总债务越低越好 | $417.6M | — |
| 股东权益账面价值 | $1.6B | $5.8B |
| 总资产 | $2.4B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资LRNSWKS
| Q3 26 | $614.0M | — | ||
| Q2 26 | — | — | ||
| Q1 26 | — | $1.6B | ||
| Q4 25 | $625.7M | $1.4B | ||
| Q3 25 | $715.1M | — | ||
| Q2 25 | $985.3M | $1.3B | ||
| Q1 25 | $723.7M | $1.5B | ||
| Q4 24 | $717.5M | $1.7B |
总债务LRNSWKS
| Q3 26 | $417.6M | — | ||
| Q2 26 | — | — | ||
| Q1 26 | — | $496.6M | ||
| Q4 25 | $417.2M | $496.4M | ||
| Q3 25 | $416.8M | — | ||
| Q2 25 | $416.3M | $496.2M | ||
| Q1 25 | $415.9M | $995.1M | ||
| Q4 24 | $415.5M | $994.7M |
股东权益LRNSWKS
| Q3 26 | $1.6B | — | ||
| Q2 26 | — | $5.8B | ||
| Q1 26 | — | $5.8B | ||
| Q4 25 | $1.5B | $5.8B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | $5.7B | ||
| Q1 25 | $1.4B | $5.9B | ||
| Q4 24 | $1.3B | $6.4B |
总资产LRNSWKS
| Q3 26 | $2.4B | — | ||
| Q2 26 | — | $7.9B | ||
| Q1 26 | — | $7.9B | ||
| Q4 25 | $2.3B | $7.9B | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | $7.7B | ||
| Q1 25 | $2.2B | $7.9B | ||
| Q4 24 | $2.1B | $8.3B |
负债/权益比LRNSWKS
| Q3 26 | 0.25× | — | ||
| Q2 26 | — | — | ||
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.27× | 0.09× | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.28× | 0.09× | ||
| Q1 25 | 0.29× | 0.17× | ||
| Q4 24 | 0.32× | 0.16× |
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 | $117.0M | $50.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 8.7% |
| 现金转化率经营现金流/净利润 | 1.32× | 1.41× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LRNSWKS
| Q3 26 | $117.0M | — | ||
| Q2 26 | — | $50.3M | ||
| Q1 26 | — | $395.5M | ||
| Q4 25 | $91.8M | $200.0M | ||
| Q3 25 | $-195.8M | — | ||
| Q2 25 | $298.3M | $314.2M | ||
| Q1 25 | $53.1M | $409.4M | ||
| Q4 24 | $223.4M | $377.2M |
自由现金流LRNSWKS
| Q3 26 | — | — | ||
| Q2 26 | — | — | ||
| Q1 26 | — | $339.0M | ||
| Q4 25 | $91.6M | $144.0M | ||
| Q3 25 | $-196.1M | — | ||
| Q2 25 | $297.9M | $252.7M | ||
| Q1 25 | $52.9M | $370.9M | ||
| Q4 24 | $222.9M | $338.2M |
自由现金流率LRNSWKS
| Q3 26 | — | — | ||
| Q2 26 | — | — | ||
| Q1 26 | — | 32.7% | ||
| Q4 25 | 14.5% | 13.1% | ||
| Q3 25 | -31.6% | — | ||
| Q2 25 | 45.6% | 26.2% | ||
| Q1 25 | 8.6% | 38.9% | ||
| Q4 24 | 38.0% | 31.7% |
资本支出强度LRNSWKS
| Q3 26 | — | — | ||
| Q2 26 | — | 8.7% | ||
| Q1 26 | — | 5.5% | ||
| Q4 25 | 0.0% | 5.1% | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.1% | 6.4% | ||
| Q1 25 | 0.0% | 4.0% | ||
| Q4 24 | 0.1% | 3.6% |
现金转化率LRNSWKS
| Q3 26 | 1.32× | — | ||
| Q2 26 | — | 1.41× | ||
| Q1 26 | — | 4.99× | ||
| Q4 25 | 0.92× | 1.41× | ||
| Q3 25 | -2.85× | — | ||
| Q2 25 | 5.81× | 2.99× | ||
| Q1 25 | 0.53× | 5.96× | ||
| Q4 24 | 2.32× | 2.33× |
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
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
SWKS
暂无分部数据
