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nCino, Inc.（NCNO）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
Snowflake Inc.的季度营收约是nCino, Inc.的8.0倍（$1.2B vs $152.2M），nCino, Inc.净利率更高（4.3% vs -24.2%，领先28.5%），Snowflake Inc.同比增速更快（28.7% vs 9.6%），Snowflake Inc.自由现金流更多（$113.6M vs $4.9M），过去两年Snowflake Inc.的营收复合增速更高（25.1% vs 10.9%）
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。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
NCNO vs SNOW — 直观对比
营收规模更大
SNOW
是对方的8.0倍
$152.2M
营收增速更快
SNOW
高出19.1%
9.6%
净利率更高
NCNO
高出28.5%
-24.2%
自由现金流更多
SNOW
多$108.7M
$4.9M
两年增速更快
SNOW
近两年复合增速
10.9%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $152.2M | $1.2B |
| 净利润 | $6.5M | $-294.0M |
| 毛利率 | 61.6% | 67.8% |
| 营业利润率 | 7.7% | -27.2% |
| 净利率 | 4.3% | -24.2% |
| 营收同比 | 9.6% | 28.7% |
| 净利润同比 | 224.5% | 9.4% |
| 每股收益（稀释后） | $0.06 | $-0.87 |
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NCNOSNOW
| Q4 25 | $152.2M | $1.2B | ||
| Q3 25 | $148.8M | $1.1B | ||
| Q2 25 | $144.1M | $1.0B | ||
| Q1 25 | $141.4M | $986.8M | ||
| Q4 24 | $138.8M | $942.1M | ||
| Q3 24 | $132.4M | $868.8M | ||
| Q2 24 | $128.1M | $828.7M | ||
| Q1 24 | $123.7M | $774.7M |
净利润NCNOSNOW
| Q4 25 | $6.5M | $-294.0M | ||
| Q3 25 | $-15.3M | $-298.0M | ||
| Q2 25 | $5.6M | $-430.1M | ||
| Q1 25 | $-18.6M | $-327.5M | ||
| Q4 24 | $-5.3M | $-324.3M | ||
| Q3 24 | $-11.0M | $-316.9M | ||
| Q2 24 | $-3.0M | $-317.0M | ||
| Q1 24 | $1.2M | $-169.4M |
毛利率NCNOSNOW
| Q4 25 | 61.6% | 67.8% | ||
| Q3 25 | 59.2% | 67.5% | ||
| Q2 25 | 60.0% | 66.5% | ||
| Q1 25 | 59.7% | 66.2% | ||
| Q4 24 | 61.3% | 65.9% | ||
| Q3 24 | 59.3% | 66.8% | ||
| Q2 24 | 60.0% | 67.1% | ||
| Q1 24 | 60.2% | 68.8% |
营业利润率NCNOSNOW
| Q4 25 | 7.7% | -27.2% | ||
| Q3 25 | -6.2% | -29.7% | ||
| Q2 25 | -1.0% | -42.9% | ||
| Q1 25 | -4.1% | -39.2% | ||
| Q4 24 | -0.6% | -38.8% | ||
| Q3 24 | -6.0% | -40.9% | ||
| Q2 24 | -2.9% | -42.1% | ||
| Q1 24 | -2.6% | -35.6% |
净利率NCNOSNOW
| Q4 25 | 4.3% | -24.2% | ||
| Q3 25 | -10.3% | -26.0% | ||
| Q2 25 | 3.9% | -41.3% | ||
| Q1 25 | -13.2% | -33.2% | ||
| Q4 24 | -3.8% | -34.4% | ||
| Q3 24 | -8.3% | -36.5% | ||
| Q2 24 | -2.3% | -38.3% | ||
| Q1 24 | 0.9% | -21.9% |
每股收益（稀释后）NCNOSNOW
| Q4 25 | $0.06 | $-0.87 | ||
| Q3 25 | $-0.13 | $-0.89 | ||
| Q2 25 | $0.05 | $-1.29 | ||
| Q1 25 | $-0.15 | $-0.98 | ||
| Q4 24 | $-0.05 | $-0.98 | ||
| Q3 24 | $-0.10 | $-0.95 | ||
| Q2 24 | $-0.03 | $-0.95 | ||
| Q1 24 | $0.01 | $-0.51 |
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 | $1.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $2.1B |
| 总资产 | $1.6B | $8.2B |
| 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NCNOSNOW
| Q4 25 | $87.6M | $1.9B | ||
| Q3 25 | $122.9M | $1.9B | ||
| Q2 25 | $133.2M | $2.2B | ||
| Q1 25 | $120.9M | $2.6B | ||
| Q4 24 | $257.9M | $2.1B | ||
| Q3 24 | $121.4M | $1.3B | ||
| Q2 24 | $129.5M | $1.3B | ||
| Q1 24 | $112.1M | $1.8B |
股东权益NCNOSNOW
| Q4 25 | $1.0B | $2.1B | ||
| Q3 25 | $1.1B | $2.4B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.1B | $2.9B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $1.1B | $4.6B | ||
| Q1 24 | $1.0B | $5.2B |
总资产NCNOSNOW
| Q4 25 | $1.6B | $8.2B | ||
| Q3 25 | $1.6B | $8.2B | ||
| Q2 25 | $1.7B | $8.2B | ||
| Q1 25 | $1.6B | $9.0B | ||
| Q4 24 | $1.5B | $8.2B | ||
| Q3 24 | $1.4B | $6.9B | ||
| Q2 24 | $1.4B | $7.3B | ||
| Q1 24 | $1.3B | $8.2B |
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 | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $4.9M | $113.6M |
| 自由现金流率自由现金流/营收 | 3.2% | 9.4% |
| 资本支出强度资本支出/营收 | 0.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.78× | — |
| 过去12个月自由现金流最近4个季度 | $59.7M | $776.7M |
8季度趋势，按日历期对齐
经营现金流NCNOSNOW
| Q4 25 | $5.1M | $137.5M | ||
| Q3 25 | $17.7M | $74.9M | ||
| Q2 25 | $54.3M | $228.4M | ||
| Q1 25 | $-10.0M | $432.7M | ||
| Q4 24 | $5.8M | $101.7M | ||
| Q3 24 | $5.0M | $69.9M | ||
| Q2 24 | $54.4M | $355.5M | ||
| Q1 24 | $8.1M | $344.6M |
自由现金流NCNOSNOW
| Q4 25 | $4.9M | $113.6M | ||
| Q3 25 | $12.6M | $58.2M | ||
| Q2 25 | $52.6M | $183.4M | ||
| Q1 25 | $-10.4M | $421.4M | ||
| Q4 24 | $5.1M | $88.3M | ||
| Q3 24 | $4.6M | $64.8M | ||
| Q2 24 | $54.1M | $338.9M | ||
| Q1 24 | $7.7M | $331.5M |
自由现金流率NCNOSNOW
| Q4 25 | 3.2% | 9.4% | ||
| Q3 25 | 8.5% | 5.1% | ||
| Q2 25 | 36.5% | 17.6% | ||
| Q1 25 | -7.3% | 42.7% | ||
| Q4 24 | 3.7% | 9.4% | ||
| Q3 24 | 3.4% | 7.5% | ||
| Q2 24 | 42.2% | 40.9% | ||
| Q1 24 | 6.2% | 42.8% |
资本支出强度NCNOSNOW
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 3.5% | 1.5% | ||
| Q2 25 | 1.2% | 4.3% | ||
| Q1 25 | 0.2% | 1.1% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.3% | 2.0% | ||
| Q1 24 | 0.3% | 1.7% |
现金转化率NCNOSNOW
| Q4 25 | 0.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 9.77× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 7.02× | — |
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% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
