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晨星（MORN）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Rackspace Technology, Inc.的季度营收约是晨星的1.1倍（$682.8M vs $644.8M），晨星同比增速更快（10.8% vs -0.4%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $53.6M），过去两年晨星的营收复合增速更高（6.2% vs -0.6%）
晨星（Morningstar, Inc.）是总部位于美国伊利诺伊州芝加哥的金融服务机构，由乔·曼苏托于1984年创立，面向全球提供全方位的投资研究、投资管理等专业服务，是全球颇具知名度的投资资讯服务提供商。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
MORN vs RXT — 直观对比
营收规模更大
RXT
是对方的1.1倍
$644.8M
营收增速更快
MORN
高出11.2%
-0.4%
自由现金流更多
RXT
多$2.4M
$53.6M
两年增速更快
MORN
近两年复合增速
-0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $644.8M | $682.8M |
| 净利润 | — | $-32.7M |
| 毛利率 | 62.9% | 17.6% |
| 营业利润率 | 24.2% | -0.5% |
| 净利率 | — | -4.8% |
| 营收同比 | 10.8% | -0.4% |
| 净利润同比 | — | 41.6% |
| 每股收益（稀释后） | $2.73 | $-0.13 |
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MORNRXT
| Q1 26 | $644.8M | — | ||
| Q4 25 | $641.1M | $682.8M | ||
| Q3 25 | $617.4M | $671.2M | ||
| Q2 25 | $605.1M | $666.3M | ||
| Q1 25 | $581.9M | $665.4M | ||
| Q4 24 | $591.0M | $685.6M | ||
| Q3 24 | $569.4M | $675.8M | ||
| Q2 24 | $571.9M | $684.9M |
净利润MORNRXT
| Q1 26 | — | — | ||
| Q4 25 | $115.1M | $-32.7M | ||
| Q3 25 | $91.6M | $-67.1M | ||
| Q2 25 | $89.0M | $-54.5M | ||
| Q1 25 | $78.5M | $-71.5M | ||
| Q4 24 | $116.9M | $-56.0M | ||
| Q3 24 | $119.7M | $-186.6M | ||
| Q2 24 | $69.1M | $25.0M |
毛利率MORNRXT
| Q1 26 | 62.9% | — | ||
| Q4 25 | 61.1% | 17.6% | ||
| Q3 25 | 60.9% | 19.4% | ||
| Q2 25 | 61.9% | 19.4% | ||
| Q1 25 | 60.2% | 19.1% | ||
| Q4 24 | 60.7% | 19.2% | ||
| Q3 24 | 60.9% | 20.3% | ||
| Q2 24 | 61.1% | 19.2% |
营业利润率MORNRXT
| Q1 26 | 24.2% | — | ||
| Q4 25 | 24.9% | -0.5% | ||
| Q3 25 | 20.7% | -5.1% | ||
| Q2 25 | 20.7% | -3.8% | ||
| Q1 25 | 19.6% | -5.8% | ||
| Q4 24 | 28.5% | -4.2% | ||
| Q3 24 | 20.3% | -25.7% | ||
| Q2 24 | 19.0% | -7.9% |
净利率MORNRXT
| Q1 26 | — | — | ||
| Q4 25 | 18.0% | -4.8% | ||
| Q3 25 | 14.8% | -10.0% | ||
| Q2 25 | 14.7% | -8.2% | ||
| Q1 25 | 13.5% | -10.7% | ||
| Q4 24 | 19.8% | -8.2% | ||
| Q3 24 | 21.0% | -27.6% | ||
| Q2 24 | 12.1% | 3.7% |
每股收益（稀释后）MORNRXT
| Q1 26 | $2.73 | — | ||
| Q4 25 | $2.79 | $-0.13 | ||
| Q3 25 | $2.17 | $-0.28 | ||
| Q2 25 | $2.09 | $-0.23 | ||
| Q1 25 | $1.82 | $-0.31 | ||
| Q4 24 | $2.72 | $-0.20 | ||
| Q3 24 | $2.77 | $-0.82 | ||
| Q2 24 | $1.60 | $0.11 |
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 | $492.8M | $105.8M |
| 总债务越低越好 | $1.7B | $2.7B |
| 股东权益账面价值 | $1.0B | $-1.2B |
| 总资产 | $4.0B | $2.8B |
| 负债/权益比越低杠杆越低 | 1.68× | — |
8季度趋势，按日历期对齐
现金及短期投资MORNRXT
| Q1 26 | $492.8M | — | ||
| Q4 25 | $528.7M | $105.8M | ||
| Q3 25 | $40.3M | $99.5M | ||
| Q2 25 | $38.1M | $103.9M | ||
| Q1 25 | $47.7M | $128.0M | ||
| Q4 24 | $551.0M | $144.0M | ||
| Q3 24 | $48.8M | $157.1M | ||
| Q2 24 | $48.0M | $190.2M |
总债务MORNRXT
| Q1 26 | $1.7B | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | $848.9M | $2.8B | ||
| Q2 25 | $838.8M | $2.8B | ||
| Q1 25 | $803.7M | $2.8B | ||
| Q4 24 | $698.6M | $2.8B | ||
| Q3 24 | $864.7M | $2.8B | ||
| Q2 24 | $899.6M | $2.9B |
股东权益MORNRXT
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $-1.2B | ||
| Q3 25 | $1.5B | $-1.2B | ||
| Q2 25 | $1.6B | $-1.1B | ||
| Q1 25 | $1.6B | $-1.1B | ||
| Q4 24 | $1.6B | $-1.0B | ||
| Q3 24 | $1.6B | $-949.7M | ||
| Q2 24 | $1.4B | $-756.2M |
总资产MORNRXT
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.6B | $2.8B | ||
| Q3 25 | $3.6B | $2.8B | ||
| Q2 25 | $3.6B | $2.9B | ||
| Q1 25 | $3.6B | $3.0B | ||
| Q4 24 | $3.5B | $3.1B | ||
| Q3 24 | $3.6B | $3.1B | ||
| Q2 24 | $3.4B | $3.4B |
负债/权益比MORNRXT
| Q1 26 | 1.68× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.63× | — |
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 | — | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $53.6M | $56.0M |
| 自由现金流率自由现金流/营收 | 8.3% | 8.2% |
| 资本支出强度资本支出/营收 | 5.9% | 0.5% |
| 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 | $437.4M | $90.6M |
8季度趋势，按日历期对齐
经营现金流MORNRXT
| Q1 26 | — | — | ||
| Q4 25 | $204.0M | $59.7M | ||
| Q3 25 | $195.7M | $70.7M | ||
| Q2 25 | $99.0M | $8.4M | ||
| Q1 25 | $91.0M | $12.6M | ||
| Q4 24 | $153.4M | $54.3M | ||
| Q3 24 | $191.9M | $51.8M | ||
| Q2 24 | $152.7M | $24.1M |
自由现金流MORNRXT
| Q1 26 | $53.6M | — | ||
| Q4 25 | $161.3M | $56.0M | ||
| Q3 25 | $160.1M | $42.7M | ||
| Q2 25 | $62.4M | $-12.4M | ||
| Q1 25 | $58.8M | $4.3M | ||
| Q4 24 | $112.8M | $34.4M | ||
| Q3 24 | $155.8M | $27.3M | ||
| Q2 24 | $120.8M | $-14.5M |
自由现金流率MORNRXT
| Q1 26 | 8.3% | — | ||
| Q4 25 | 25.2% | 8.2% | ||
| Q3 25 | 25.9% | 6.4% | ||
| Q2 25 | 10.3% | -1.9% | ||
| Q1 25 | 10.1% | 0.6% | ||
| Q4 24 | 19.1% | 5.0% | ||
| Q3 24 | 27.4% | 4.0% | ||
| Q2 24 | 21.1% | -2.1% |
资本支出强度MORNRXT
| Q1 26 | 5.9% | — | ||
| Q4 25 | 6.7% | 0.5% | ||
| Q3 25 | 5.8% | 4.2% | ||
| Q2 25 | 6.0% | 3.1% | ||
| Q1 25 | 5.5% | 1.2% | ||
| Q4 24 | 6.9% | 2.9% | ||
| Q3 24 | 6.3% | 3.6% | ||
| Q2 24 | 5.6% | 5.6% |
现金转化率MORNRXT
| Q1 26 | — | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.14× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 2.21× | 0.96× |
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
MORN
暂无分部数据
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
