vs
nCino, Inc.（NCNO）与网易（NTES）财务数据对比。点击上方公司名可切换其他公司
网易的季度营收约是nCino, Inc.的26.2倍（$4.0B vs $152.2M），网易净利率更高（31.0% vs 4.3%，领先26.7%），网易自由现金流更多（$1.8B vs $4.9M），过去两年nCino, Inc.的营收复合增速更高（10.9% vs 9.7%）
nCino, Inc.是一家总部位于美国北卡罗来纳州威尔明顿的全球金融科技企业，专注于提供云原生银行软件与核心银行平台，服务覆盖银行、信用合作社及各类大型金融机构，助力金融机构实现数字化运营升级。
网易由丁磊于1997年6月创立，是全球规模领先的互联网与网络游戏企业之一。公司核心业务涵盖PC及移动端网络游戏的研发与发行，同时布局广告服务、电子邮箱服务及电商平台等多元业务板块。
NCNO vs NTES — 直观对比
营收规模更大
NTES
是对方的26.2倍
$152.2M
净利率更高
NTES
高出26.7%
4.3%
自由现金流更多
NTES
多$1.8B
$4.9M
两年增速更快
NCNO
近两年复合增速
9.7%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $152.2M | $4.0B |
| 净利润 | $6.5M | $1.2B |
| 毛利率 | 61.6% | 64.1% |
| 营业利润率 | 7.7% | 28.3% |
| 净利率 | 4.3% | 31.0% |
| 营收同比 | 9.6% | — |
| 净利润同比 | 224.5% | — |
| 每股收益（稀释后） | $0.06 | — |
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NCNONTES
| Q4 25 | $152.2M | — | ||
| Q3 25 | $148.8M | $4.0B | ||
| Q2 25 | $144.1M | $3.9B | ||
| Q1 25 | $141.4M | $4.0B | ||
| Q4 24 | $138.8M | — | ||
| Q3 24 | $132.4M | $3.7B | ||
| Q2 24 | $128.1M | $3.5B | ||
| Q1 24 | $123.7M | $3.7B |
净利润NCNONTES
| Q4 25 | $6.5M | — | ||
| Q3 25 | $-15.3M | $1.2B | ||
| Q2 25 | $5.6M | $1.3B | ||
| Q1 25 | $-18.6M | $1.5B | ||
| Q4 24 | $-5.3M | — | ||
| Q3 24 | $-11.0M | $955.7M | ||
| Q2 24 | $-3.0M | $939.6M | ||
| Q1 24 | $1.2M | $1.1B |
毛利率NCNONTES
| Q4 25 | 61.6% | — | ||
| Q3 25 | 59.2% | 64.1% | ||
| Q2 25 | 60.0% | 64.7% | ||
| Q1 25 | 59.7% | 64.1% | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 59.3% | 62.9% | ||
| Q2 24 | 60.0% | 62.9% | ||
| Q1 24 | 60.2% | 63.4% |
营业利润率NCNONTES
| Q4 25 | 7.7% | — | ||
| Q3 25 | -6.2% | 28.3% | ||
| Q2 25 | -1.0% | 32.5% | ||
| Q1 25 | -4.1% | 36.2% | ||
| Q4 24 | -0.6% | — | ||
| Q3 24 | -6.0% | 27.3% | ||
| Q2 24 | -2.9% | 27.4% | ||
| Q1 24 | -2.6% | 28.4% |
净利率NCNONTES
| Q4 25 | 4.3% | — | ||
| Q3 25 | -10.3% | 31.0% | ||
| Q2 25 | 3.9% | 32.6% | ||
| Q1 25 | -13.2% | 36.6% | ||
| Q4 24 | -3.8% | — | ||
| Q3 24 | -8.3% | 25.6% | ||
| Q2 24 | -2.3% | 26.8% | ||
| Q1 24 | 0.9% | 29.1% |
每股收益（稀释后）NCNONTES
| Q4 25 | $0.06 | — | ||
| Q3 25 | $-0.13 | — | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | $-0.15 | — | ||
| Q4 24 | $-0.05 | — | ||
| Q3 24 | $-0.10 | — | ||
| Q2 24 | $-0.03 | — | ||
| Q1 24 | $0.01 | — |
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 | $87.6M | $31.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $160.8B |
| 总资产 | $1.6B | $214.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NCNONTES
| Q4 25 | $87.6M | — | ||
| Q3 25 | $122.9M | $31.3B | ||
| Q2 25 | $133.2M | $54.4B | ||
| Q1 25 | $120.9M | $41.7B | ||
| Q4 24 | $257.9M | — | ||
| Q3 24 | $121.4M | $20.2B | ||
| Q2 24 | $129.5M | $19.0B | ||
| Q1 24 | $112.1M | $43.0B |
股东权益NCNONTES
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.1B | $160.8B | ||
| Q2 25 | $1.1B | $154.0B | ||
| Q1 25 | $1.1B | $147.8B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | $135.6B | ||
| Q2 24 | $1.1B | $134.2B | ||
| Q1 24 | $1.0B | $130.5B |
总资产NCNONTES
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | $214.5B | ||
| Q2 25 | $1.7B | $208.5B | ||
| Q1 25 | $1.6B | $200.9B | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.4B | $184.9B | ||
| Q2 24 | $1.4B | $183.3B | ||
| Q1 24 | $1.3B | $195.1B |
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 | $5.1M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $4.9M | $1.8B |
| 自由现金流率自由现金流/营收 | 3.2% | 44.7% |
| 资本支出强度资本支出/营收 | 0.1% | 1.0% |
| 现金转化率经营现金流/净利润 | 0.78× | 1.47× |
| 过去12个月自由现金流最近4个季度 | $59.7M | $6.3B |
8季度趋势，按日历期对齐
经营现金流NCNONTES
| Q4 25 | $5.1M | — | ||
| Q3 25 | $17.7M | $1.8B | ||
| Q2 25 | $54.3M | $1.5B | ||
| Q1 25 | $-10.0M | $1.7B | ||
| Q4 24 | $5.8M | — | ||
| Q3 24 | $5.0M | $1.5B | ||
| Q2 24 | $54.4M | $898.8M | ||
| Q1 24 | $8.1M | $1.3B |
自由现金流NCNONTES
| Q4 25 | $4.9M | — | ||
| Q3 25 | $12.6M | $1.8B | ||
| Q2 25 | $52.6M | $1.5B | ||
| Q1 25 | $-10.4M | $1.6B | ||
| Q4 24 | $5.1M | — | ||
| Q3 24 | $4.6M | $1.5B | ||
| Q2 24 | $54.1M | $875.6M | ||
| Q1 24 | $7.7M | $1.3B |
自由现金流率NCNONTES
| Q4 25 | 3.2% | — | ||
| Q3 25 | 8.5% | 44.7% | ||
| Q2 25 | 36.5% | 38.3% | ||
| Q1 25 | -7.3% | 40.4% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 3.4% | 38.9% | ||
| Q2 24 | 42.2% | 25.0% | ||
| Q1 24 | 6.2% | 34.0% |
资本支出强度NCNONTES
| Q4 25 | 0.1% | — | ||
| Q3 25 | 3.5% | 1.0% | ||
| Q2 25 | 1.2% | 0.7% | ||
| Q1 25 | 0.2% | 1.6% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.3% | 1.4% | ||
| Q2 24 | 0.3% | 0.7% | ||
| Q1 24 | 0.3% | 1.5% |
现金转化率NCNONTES
| Q4 25 | 0.78× | — | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 9.77× | 1.20× | ||
| Q1 25 | — | 1.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.58× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | 7.02× | 1.22× |
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
NCNO
| License And Service | $133.4M | 88% |
| Professional Services | $18.8M | 12% |
NTES
| Games and related value-added services | $3.3B | 82% |
| NetEase Cloud Music | $275.9M | 7% |
| Youdao | $228.8M | 6% |
| Innovative businesses and others | $202.1M | 5% |
