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微策略（MSTR）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是微策略的1.8倍（$217.4M vs $123.0M），微策略同比增速更快（1.9% vs 0.5%），过去两年微策略的营收复合增速更高（3.3% vs 3.0%）
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
MSTR vs RPD — 直观对比
营收规模更大
RPD
是对方的1.8倍
$123.0M
营收增速更快
MSTR
高出1.4%
0.5%
两年增速更快
MSTR
近两年复合增速
3.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $123.0M | $217.4M |
| 净利润 | — | $3.1M |
| 毛利率 | 66.1% | 68.9% |
| 营业利润率 | — | 1.0% |
| 净利率 | — | 1.4% |
| 营收同比 | 1.9% | 0.5% |
| 净利润同比 | — | 44.1% |
| 每股收益（稀释后） | — | $0.05 |
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MSTRRPD
| Q4 25 | $123.0M | $217.4M | ||
| Q3 25 | $128.7M | $218.0M | ||
| Q2 25 | $114.5M | $214.2M | ||
| Q1 25 | $111.1M | $210.3M | ||
| Q4 24 | $120.7M | $216.3M | ||
| Q3 24 | $116.1M | $214.7M | ||
| Q2 24 | $111.4M | $208.0M | ||
| Q1 24 | $115.2M | $205.1M |
净利润MSTRRPD
| Q4 25 | — | $3.1M | ||
| Q3 25 | $2.8B | $9.8M | ||
| Q2 25 | $10.0B | $8.3M | ||
| Q1 25 | $-4.2B | $2.1M | ||
| Q4 24 | $-670.8M | $2.2M | ||
| Q3 24 | $-340.2M | $15.4M | ||
| Q2 24 | $-102.6M | $6.5M | ||
| Q1 24 | $-53.1M | $1.4M |
毛利率MSTRRPD
| Q4 25 | 66.1% | 68.9% | ||
| Q3 25 | 70.5% | 70.2% | ||
| Q2 25 | 68.8% | 70.6% | ||
| Q1 25 | 69.4% | 71.7% | ||
| Q4 24 | 71.7% | 69.5% | ||
| Q3 24 | 70.4% | 70.6% | ||
| Q2 24 | 72.2% | 70.7% | ||
| Q1 24 | 74.0% | 70.3% |
营业利润率MSTRRPD
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | -5331.4% | -0.0% | ||
| Q4 24 | -842.1% | 3.4% | ||
| Q3 24 | -372.7% | 6.0% | ||
| Q2 24 | -179.7% | 2.5% | ||
| Q1 24 | -176.8% | 4.7% |
净利率MSTRRPD
| Q4 25 | — | 1.4% | ||
| Q3 25 | 2164.1% | 4.5% | ||
| Q2 25 | 8752.7% | 3.9% | ||
| Q1 25 | -3797.2% | 1.0% | ||
| Q4 24 | -555.8% | 1.0% | ||
| Q3 24 | -293.1% | 7.2% | ||
| Q2 24 | -92.0% | 3.1% | ||
| Q1 24 | -46.1% | 0.7% |
每股收益（稀释后）MSTRRPD
| Q4 25 | — | $0.05 | ||
| Q3 25 | $8.42 | $0.15 | ||
| Q2 25 | $32.60 | $0.13 | ||
| Q1 25 | $-16.49 | $0.03 | ||
| Q4 24 | $4.49 | $0.08 | ||
| Q3 24 | $-1.72 | $0.21 | ||
| Q2 24 | $-0.57 | $0.09 | ||
| Q1 24 | $-0.31 | $0.02 |
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 | $2.3B | $474.7M |
| 总债务越低越好 | $8.2B | — |
| 股东权益账面价值 | $44.1B | $154.7M |
| 总资产 | $61.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资MSTRRPD
| Q4 25 | $2.3B | $474.7M | ||
| Q3 25 | $54.3M | $407.1M | ||
| Q2 25 | $50.1M | $511.7M | ||
| Q1 25 | $60.3M | $493.5M | ||
| Q4 24 | $38.1M | $521.7M | ||
| Q3 24 | $46.3M | $443.7M | ||
| Q2 24 | $66.9M | $442.6M | ||
| Q1 24 | $81.3M | $411.7M |
总债务MSTRRPD
| Q4 25 | $8.2B | — | ||
| Q3 25 | $8.2B | — | ||
| Q2 25 | $8.2B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.6B | — |
股东权益MSTRRPD
| Q4 25 | $44.1B | $154.7M | ||
| Q3 25 | $52.3B | $127.2M | ||
| Q2 25 | $47.5B | $90.4M | ||
| Q1 25 | $32.2B | $52.7M | ||
| Q4 24 | $18.2B | $17.7M | ||
| Q3 24 | $3.8B | $-5.1M | ||
| Q2 24 | $2.8B | $-52.6M | ||
| Q1 24 | $2.4B | $-86.4M |
总资产MSTRRPD
| Q4 25 | $61.6B | $1.7B | ||
| Q3 25 | $73.6B | $1.7B | ||
| Q2 25 | $64.8B | $1.6B | ||
| Q1 25 | $43.9B | $1.6B | ||
| Q4 24 | $25.8B | $1.7B | ||
| Q3 24 | $8.3B | $1.6B | ||
| Q2 24 | $7.1B | $1.5B | ||
| Q1 24 | $6.4B | $1.5B |
负债/权益比MSTRRPD
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.36× | — | ||
| Q1 24 | 1.48× | — |
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 | — | $37.6M |
| 自由现金流经营现金流 - 资本支出 | — | $36.4M |
| 自由现金流率自由现金流/营收 | — | 16.8% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | — | $146.2M |
8季度趋势，按日历期对齐
经营现金流MSTRRPD
| Q4 25 | — | $37.6M | ||
| Q3 25 | $-8.3M | $39.0M | ||
| Q2 25 | $-34.9M | $47.5M | ||
| Q1 25 | $-2.4M | $29.8M | ||
| Q4 24 | $-17.3M | $63.8M | ||
| Q3 24 | $-41.0M | $44.0M | ||
| Q2 24 | $-23.3M | $32.9M | ||
| Q1 24 | $28.6M | $31.1M |
自由现金流MSTRRPD
| Q4 25 | — | $36.4M | ||
| Q3 25 | $-11.1M | $34.8M | ||
| Q2 25 | $-37.0M | $46.6M | ||
| Q1 25 | $-5.1M | $28.4M | ||
| Q4 24 | $-17.6M | $62.6M | ||
| Q3 24 | $-41.4M | $42.6M | ||
| Q2 24 | $-24.1M | $32.6M | ||
| Q1 24 | $27.0M | $30.4M |
自由现金流率MSTRRPD
| Q4 25 | — | 16.8% | ||
| Q3 25 | -8.6% | 16.0% | ||
| Q2 25 | -32.3% | 21.8% | ||
| Q1 25 | -4.6% | 13.5% | ||
| Q4 24 | -14.6% | 28.9% | ||
| Q3 24 | -35.7% | 19.9% | ||
| Q2 24 | -21.6% | 15.7% | ||
| Q1 24 | 23.5% | 14.8% |
资本支出强度MSTRRPD
| Q4 25 | — | 0.5% | ||
| Q3 25 | 2.2% | 1.9% | ||
| Q2 25 | 1.8% | 0.4% | ||
| Q1 25 | 2.5% | 0.6% | ||
| Q4 24 | 0.2% | 0.5% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 0.6% | 0.1% | ||
| Q1 24 | 1.3% | 0.3% |
现金转化率MSTRRPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | -0.00× | 3.97× | ||
| Q2 25 | -0.00× | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | — | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | — | 22.10× |
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
MSTR
暂无分部数据
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
