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LXP Industrial Trust（LXP）与VARONIS SYSTEMS INC（VRNS）财务数据对比。点击上方公司名可切换其他公司
VARONIS SYSTEMS INC的季度营收约是LXP Industrial Trust的2.0倍（$173.1M vs $86.7M），VARONIS SYSTEMS INC同比增速更快（26.9% vs -14.0%），过去两年VARONIS SYSTEMS INC的营收复合增速更高（15.2% vs 0.3%）
LXP工业信托是一家公开上市的房地产投资信托，专注于持有、运营和投资美国核心市场的优质工业地产，主要涵盖配送中心、物流设施及轻型工业物业，服务电商、第三方物流、先进制造等领域租户，为投资者创造长期稳定收益。
Varonis Systems是总部位于美国佛罗里达州迈阿密的软件企业，在以色列赫兹利亚设有研发中心。其推出的数据安全平台可分析数据及数据活动，借此识别由访问权限、SaaS应用配置不当引发的数据暴露风险，并可触发自动化修复流程，助力企业保障数据安全。
LXP vs VRNS — 直观对比
营收规模更大
VRNS
是对方的2.0倍
$86.7M
营收增速更快
VRNS
高出40.9%
-14.0%
两年增速更快
VRNS
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $86.7M | $173.1M |
| 净利润 | $28.8M | — |
| 毛利率 | 81.5% | 76.0% |
| 营业利润率 | 34.6% | -1.7% |
| 净利率 | 33.2% | — |
| 营收同比 | -14.0% | 26.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | — |
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LXPVRNS
| Q1 26 | — | $173.1M | ||
| Q4 25 | $86.7M | $173.4M | ||
| Q3 25 | $86.9M | $161.6M | ||
| Q2 25 | $87.7M | $152.2M | ||
| Q1 25 | $88.9M | $136.4M | ||
| Q4 24 | $100.9M | $158.5M | ||
| Q3 24 | $85.6M | $148.1M | ||
| Q2 24 | $85.8M | $130.3M |
净利润LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | $28.8M | $-27.8M | ||
| Q3 25 | $36.3M | $-29.9M | ||
| Q2 25 | $29.1M | $-35.8M | ||
| Q1 25 | $19.0M | $-35.8M | ||
| Q4 24 | — | $-13.0M | ||
| Q3 24 | $6.3M | $-18.3M | ||
| Q2 24 | $5.4M | $-23.9M |
毛利率LXPVRNS
| Q1 26 | — | 76.0% | ||
| Q4 25 | 81.5% | 78.9% | ||
| Q3 25 | 82.3% | 78.2% | ||
| Q2 25 | 81.9% | 79.5% | ||
| Q1 25 | 80.7% | 78.7% | ||
| Q4 24 | 85.3% | 83.6% | ||
| Q3 24 | 82.5% | 83.8% | ||
| Q2 24 | 82.0% | 82.8% |
营业利润率LXPVRNS
| Q1 26 | — | -1.7% | ||
| Q4 25 | 34.6% | -17.5% | ||
| Q3 25 | 50.4% | -22.2% | ||
| Q2 25 | 33.7% | -24.0% | ||
| Q1 25 | 21.8% | -32.1% | ||
| Q4 24 | — | -11.1% | ||
| Q3 24 | 7.9% | -16.0% | ||
| Q2 24 | 6.9% | -22.1% |
净利率LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | 33.2% | -16.0% | ||
| Q3 25 | 41.7% | -18.5% | ||
| Q2 25 | 33.2% | -23.5% | ||
| Q1 25 | 21.4% | -26.2% | ||
| Q4 24 | — | -8.2% | ||
| Q3 24 | 7.4% | -12.4% | ||
| Q2 24 | 6.3% | -18.4% |
每股收益（稀释后）LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.23 | ||
| Q3 25 | $0.12 | $-0.26 | ||
| Q2 25 | $0.09 | $-0.32 | ||
| Q1 25 | $0.06 | $-0.32 | ||
| Q4 24 | — | $-0.12 | ||
| Q3 24 | $0.02 | $-0.16 | ||
| Q2 24 | $0.01 | $-0.21 |
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 | $170.4M | $179.3M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $2.0B | $453.5M |
| 总资产 | $3.5B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.66× | — |
8季度趋势，按日历期对齐
现金及短期投资LXPVRNS
| Q1 26 | — | $179.3M | ||
| Q4 25 | $170.4M | $883.7M | ||
| Q3 25 | $229.7M | $671.3M | ||
| Q2 25 | $71.0M | $770.9M | ||
| Q1 25 | $70.9M | $567.6M | ||
| Q4 24 | $101.8M | $529.0M | ||
| Q3 24 | $55.0M | $844.8M | ||
| Q2 24 | $48.7M | $582.5M |
总债务LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LXPVRNS
| Q1 26 | — | $453.5M | ||
| Q4 25 | $2.0B | $598.7M | ||
| Q3 25 | $2.1B | $604.8M | ||
| Q2 25 | $2.1B | $341.5M | ||
| Q1 25 | $2.1B | $367.7M | ||
| Q4 24 | $2.1B | $455.7M | ||
| Q3 24 | $2.1B | $428.6M | ||
| Q2 24 | $2.1B | $458.6M |
总资产LXPVRNS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $3.5B | $1.8B | ||
| Q3 25 | $3.7B | $1.7B | ||
| Q2 25 | $3.7B | $1.6B | ||
| Q1 25 | $3.8B | $1.6B | ||
| Q4 24 | $3.8B | $1.7B | ||
| Q3 24 | $3.9B | $1.5B | ||
| Q2 24 | $3.9B | $1.1B |
负债/权益比LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.73× | — | ||
| 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 | $188.7M | $55.0M |
| 自由现金流经营现金流 - 资本支出 | — | $49.0M |
| 自由现金流率自由现金流/营收 | — | 28.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 6.56× | — |
| 过去12个月自由现金流最近4个季度 | — | $118.2M |
8季度趋势，按日历期对齐
经营现金流LXPVRNS
| Q1 26 | — | $55.0M | ||
| Q4 25 | $188.7M | $24.7M | ||
| Q3 25 | $63.5M | $33.4M | ||
| Q2 25 | $44.3M | $21.3M | ||
| Q1 25 | $39.0M | $68.0M | ||
| Q4 24 | $211.2M | $24.3M | ||
| Q3 24 | $64.6M | $22.5M | ||
| Q2 24 | $38.5M | $11.7M |
自由现金流LXPVRNS
| Q1 26 | — | $49.0M | ||
| Q4 25 | — | $20.7M | ||
| Q3 25 | — | $30.4M | ||
| Q2 25 | — | $18.0M | ||
| Q1 25 | — | $65.7M | ||
| Q4 24 | — | $19.9M | ||
| Q3 24 | — | $21.3M | ||
| Q2 24 | — | $10.9M |
自由现金流率LXPVRNS
| Q1 26 | — | 28.3% | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 18.8% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 48.1% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | — | 14.4% | ||
| Q2 24 | — | 8.4% |
资本支出强度LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.6% |
现金转化率LXPVRNS
| Q1 26 | — | — | ||
| Q4 25 | 6.56× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 2.05× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.18× | — | ||
| Q2 24 | 7.09× | — |
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
LXP
暂无分部数据
VRNS
| SaaS | $161.1M | 93% |
| Term license subscriptions | $6.9M | 4% |
| Maintenance and services | $5.2M | 3% |
