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诺信（NDSN）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是诺信的1.7倍（$1.2B vs $751.8M），诺信净利率更高（20.2% vs -2.2%，领先22.4%），诺信同比增速更快（1.0% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $193.9M），过去两年ROKU, INC的营收复合增速更高（13.6% vs 9.0%）
诺信（Nordson Corporation）是总部位于美国的跨国企业，专业设计生产民用及工业场景使用的胶粘剂、密封剂、涂料喷涂设备，同时生产电子元器件检测设备、固化及表面处理技术系统，还布局了医疗设备与组件技术相关业务。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
NDSN vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.7倍
$751.8M
营收增速更快
NDSN
高出19.3%
-18.3%
净利率更高
NDSN
高出22.4%
-2.2%
自由现金流更多
ROKU
多$104.5M
$193.9M
两年增速更快
ROKU
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $751.8M | $1.2B |
| 净利润 | $151.6M | $-27.4M |
| 毛利率 | 56.3% | 35.6% |
| 营业利润率 | 28.5% | 59.7% |
| 净利率 | 20.2% | -2.2% |
| 营收同比 | 1.0% | -18.3% |
| 净利润同比 | 24.1% | -361.0% |
| 每股收益（稀释后） | $2.67 | $0.57 |
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NDSNROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $751.8M | $1.4B | ||
| Q3 25 | $741.5M | $1.2B | ||
| Q2 25 | $682.9M | $1.1B | ||
| Q1 25 | $615.4M | $1.0B | ||
| Q4 24 | $744.5M | $1.2B | ||
| Q3 24 | $661.6M | $1.1B | ||
| Q2 24 | $650.6M | $968.2M |
净利润NDSNROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $151.6M | $80.5M | ||
| Q3 25 | $125.8M | $24.8M | ||
| Q2 25 | $112.4M | $10.5M | ||
| Q1 25 | $94.7M | $-27.4M | ||
| Q4 24 | $122.2M | $-35.5M | ||
| Q3 24 | $117.3M | $-9.0M | ||
| Q2 24 | $118.2M | $-34.0M |
毛利率NDSNROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 56.3% | 43.5% | ||
| Q3 25 | 54.8% | 43.4% | ||
| Q2 25 | 54.7% | 44.8% | ||
| Q1 25 | 54.6% | 43.6% | ||
| Q4 24 | 54.1% | 42.7% | ||
| Q3 24 | 55.8% | 45.2% | ||
| Q2 24 | 56.2% | 43.9% |
营业利润率NDSNROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 28.5% | 4.7% | ||
| Q3 25 | 25.3% | 0.8% | ||
| Q2 25 | 24.7% | -2.1% | ||
| Q1 25 | 22.9% | -5.7% | ||
| Q4 24 | 24.0% | -3.3% | ||
| Q3 24 | 25.3% | -3.4% | ||
| Q2 24 | 25.9% | -7.4% |
净利率NDSNROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 20.2% | 5.8% | ||
| Q3 25 | 17.0% | 2.0% | ||
| Q2 25 | 16.5% | 0.9% | ||
| Q1 25 | 15.4% | -2.7% | ||
| Q4 24 | 16.4% | -3.0% | ||
| Q3 24 | 17.7% | -0.9% | ||
| Q2 24 | 18.2% | -3.5% |
每股收益（稀释后）NDSNROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $2.67 | $0.55 | ||
| Q3 25 | $2.22 | $0.16 | ||
| Q2 25 | $1.97 | $0.07 | ||
| Q1 25 | $1.65 | $-0.19 | ||
| Q4 24 | $2.12 | $-0.24 | ||
| Q3 24 | $2.04 | $-0.06 | ||
| Q2 24 | $2.05 | $-0.24 |
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 | $108.4M | $2.4B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $3.0B | $2.7B |
| 总资产 | $5.9B | $4.4B |
| 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NDSNROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $108.4M | $2.3B | ||
| Q3 25 | $147.8M | $2.3B | ||
| Q2 25 | $130.2M | $2.3B | ||
| Q1 25 | $130.4M | $2.3B | ||
| Q4 24 | $116.0M | $2.2B | ||
| Q3 24 | $165.3M | $2.1B | ||
| Q2 24 | $125.4M | $2.1B |
总债务NDSNROKU
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — |
股东权益NDSNROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $3.0B | $2.7B | ||
| Q3 25 | $3.0B | $2.6B | ||
| Q2 25 | $3.0B | $2.6B | ||
| Q1 25 | $2.9B | $2.5B | ||
| Q4 24 | $2.9B | $2.5B | ||
| Q3 24 | $2.9B | $2.5B | ||
| Q2 24 | $2.8B | $2.4B |
总资产NDSNROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $5.9B | $4.4B | ||
| Q3 25 | $6.0B | $4.4B | ||
| Q2 25 | $6.1B | $4.3B | ||
| Q1 25 | $5.9B | $4.2B | ||
| Q4 24 | $6.0B | $4.3B | ||
| Q3 24 | $5.2B | $4.3B | ||
| Q2 24 | $5.2B | $4.1B |
负债/权益比NDSNROKU
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.55× | — |
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 | $202.9M | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $193.9M | $298.4M |
| 自由现金流率自由现金流/营收 | 25.8% | 23.9% |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | $661.1M | $640.0M |
8季度趋势，按日历期对齐
经营现金流NDSNROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $202.9M | $107.7M | ||
| Q3 25 | $238.0M | $127.6M | ||
| Q2 25 | $119.2M | $109.7M | ||
| Q1 25 | $159.1M | $138.7M | ||
| Q4 24 | $96.4M | $79.3M | ||
| Q3 24 | $164.8M | $68.7M | ||
| Q2 24 | $122.6M | $23.4M |
自由现金流NDSNROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $193.9M | $106.6M | ||
| Q3 25 | $226.4M | $126.5M | ||
| Q2 25 | $103.1M | $108.6M | ||
| Q1 25 | $137.7M | $136.8M | ||
| Q4 24 | $75.8M | $76.8M | ||
| Q3 24 | $143.0M | $67.6M | ||
| Q2 24 | $108.2M | $22.5M |
自由现金流率NDSNROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 25.8% | 7.6% | ||
| Q3 25 | 30.5% | 10.4% | ||
| Q2 25 | 15.1% | 9.8% | ||
| Q1 25 | 22.4% | 13.4% | ||
| Q4 24 | 10.2% | 6.4% | ||
| Q3 24 | 21.6% | 6.4% | ||
| Q2 24 | 16.6% | 2.3% |
资本支出强度NDSNROKU
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.1% | ||
| Q3 25 | 1.6% | 0.1% | ||
| Q2 25 | 2.3% | 0.1% | ||
| Q1 25 | 3.5% | 0.2% | ||
| Q4 24 | 2.8% | 0.2% | ||
| Q3 24 | 3.3% | 0.1% | ||
| Q2 24 | 2.2% | 0.1% |
现金转化率NDSNROKU
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 1.34× | ||
| Q3 25 | 1.89× | 5.14× | ||
| Q2 25 | 1.06× | 10.45× | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 0.79× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 1.04× | — |
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
NDSN
| Advanced Technology Systems | $624.5M | 83% |
| Other | $127.3M | 17% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
