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巴诺书店（NE）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
巴诺书店的季度营收约是Rackspace Technology, Inc.的1.1倍（$764.4M vs $682.8M），巴诺书店净利率更高（11.3% vs -4.8%，领先16.1%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -17.6%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $35.4M），过去两年巴诺书店的营收复合增速更高（9.5% vs -0.6%）
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
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。
NE vs RXT — 直观对比
营收规模更大
NE
是对方的1.1倍
$682.8M
营收增速更快
RXT
高出17.2%
-17.6%
净利率更高
NE
高出16.1%
-4.8%
自由现金流更多
RXT
多$20.6M
$35.4M
两年增速更快
NE
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $764.4M | $682.8M |
| 净利润 | $86.6M | $-32.7M |
| 毛利率 | — | 17.6% |
| 营业利润率 | 5.6% | -0.5% |
| 净利率 | 11.3% | -4.8% |
| 营收同比 | -17.6% | -0.4% |
| 净利润同比 | -10.4% | 41.6% |
| 每股收益（稀释后） | $0.54 | $-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NERXT
| Q4 25 | $764.4M | $682.8M | ||
| Q3 25 | $798.0M | $671.2M | ||
| Q2 25 | $848.7M | $666.3M | ||
| Q1 25 | $874.5M | $665.4M | ||
| Q4 24 | $927.3M | $685.6M | ||
| Q3 24 | $800.5M | $675.8M | ||
| Q2 24 | $692.8M | $684.9M | ||
| Q1 24 | $637.1M | $690.8M |
净利润NERXT
| Q4 25 | $86.6M | $-32.7M | ||
| Q3 25 | $-21.1M | $-67.1M | ||
| Q2 25 | $42.9M | $-54.5M | ||
| Q1 25 | $108.3M | $-71.5M | ||
| Q4 24 | $96.6M | $-56.0M | ||
| Q3 24 | $61.2M | $-186.6M | ||
| Q2 24 | $195.0M | $25.0M | ||
| Q1 24 | $95.5M | $-640.6M |
毛利率NERXT
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 19.2% |
营业利润率NERXT
| Q4 25 | 5.6% | -0.5% | ||
| Q3 25 | 6.3% | -5.1% | ||
| Q2 25 | 15.9% | -3.8% | ||
| Q1 25 | 21.4% | -5.8% | ||
| Q4 24 | 18.4% | -4.2% | ||
| Q3 24 | 14.4% | -25.7% | ||
| Q2 24 | 30.3% | -7.9% | ||
| Q1 24 | 16.9% | -94.5% |
净利率NERXT
| Q4 25 | 11.3% | -4.8% | ||
| Q3 25 | -2.6% | -10.0% | ||
| Q2 25 | 5.1% | -8.2% | ||
| Q1 25 | 12.4% | -10.7% | ||
| Q4 24 | 10.4% | -8.2% | ||
| Q3 24 | 7.6% | -27.6% | ||
| Q2 24 | 28.1% | 3.7% | ||
| Q1 24 | 15.0% | -92.7% |
每股收益（稀释后）NERXT
| Q4 25 | $0.54 | $-0.13 | ||
| Q3 25 | $-0.13 | $-0.28 | ||
| Q2 25 | $0.27 | $-0.23 | ||
| Q1 25 | $0.67 | $-0.31 | ||
| Q4 24 | $0.56 | $-0.20 | ||
| Q3 24 | $0.40 | $-0.82 | ||
| Q2 24 | $1.34 | $0.11 | ||
| Q1 24 | $0.66 | $-2.91 |
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 | $471.4M | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $4.5B | $-1.2B |
| 总资产 | $7.5B | $2.8B |
| 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NERXT
| Q4 25 | $471.4M | $105.8M | ||
| Q3 25 | $477.9M | $99.5M | ||
| Q2 25 | $338.2M | $103.9M | ||
| Q1 25 | $303.8M | $128.0M | ||
| Q4 24 | $247.3M | $144.0M | ||
| Q3 24 | $391.9M | $157.1M | ||
| Q2 24 | $162.9M | $190.2M | ||
| Q1 24 | $212.5M | $282.6M |
总债务NERXT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益NERXT
| Q4 25 | $4.5B | $-1.2B | ||
| Q3 25 | $4.5B | $-1.2B | ||
| Q2 25 | $4.6B | $-1.1B | ||
| Q1 25 | $4.7B | $-1.1B | ||
| Q4 24 | $4.7B | $-1.0B | ||
| Q3 24 | $4.7B | $-949.7M | ||
| Q2 24 | $4.0B | $-756.2M | ||
| Q1 24 | $3.9B | $-787.2M |
总资产NERXT
| Q4 25 | $7.5B | $2.8B | ||
| Q3 25 | $7.6B | $2.8B | ||
| Q2 25 | $7.7B | $2.9B | ||
| Q1 25 | $7.9B | $3.0B | ||
| Q4 24 | $8.0B | $3.1B | ||
| Q3 24 | $8.0B | $3.1B | ||
| Q2 24 | $5.6B | $3.4B | ||
| Q1 24 | $5.4B | $3.5B |
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 | $187.1M | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $35.4M | $56.0M |
| 自由现金流率自由现金流/营收 | 4.6% | 8.2% |
| 资本支出强度资本支出/营收 | 19.9% | 0.5% |
| 现金转化率经营现金流/净利润 | 2.16× | — |
| 过去12个月自由现金流最近4个季度 | $432.2M | $90.6M |
8季度趋势，按日历期对齐
经营现金流NERXT
| Q4 25 | $187.1M | $59.7M | ||
| Q3 25 | $277.1M | $70.7M | ||
| Q2 25 | $216.4M | $8.4M | ||
| Q1 25 | $271.1M | $12.6M | ||
| Q4 24 | $136.2M | $54.3M | ||
| Q3 24 | $283.8M | $51.8M | ||
| Q2 24 | $106.8M | $24.1M | ||
| Q1 24 | $128.7M | $-90.3M |
自由现金流NERXT
| Q4 25 | $35.4M | $56.0M | ||
| Q3 25 | $139.5M | $42.7M | ||
| Q2 25 | $99.8M | $-12.4M | ||
| Q1 25 | $157.5M | $4.3M | ||
| Q4 24 | $-4.4M | $34.4M | ||
| Q3 24 | $156.8M | $27.3M | ||
| Q2 24 | $-34.3M | $-14.5M | ||
| Q1 24 | $-37.9M | $-118.4M |
自由现金流率NERXT
| Q4 25 | 4.6% | 8.2% | ||
| Q3 25 | 17.5% | 6.4% | ||
| Q2 25 | 11.8% | -1.9% | ||
| Q1 25 | 18.0% | 0.6% | ||
| Q4 24 | -0.5% | 5.0% | ||
| Q3 24 | 19.6% | 4.0% | ||
| Q2 24 | -4.9% | -2.1% | ||
| Q1 24 | -6.0% | -17.1% |
资本支出强度NERXT
| Q4 25 | 19.9% | 0.5% | ||
| Q3 25 | 17.3% | 4.2% | ||
| Q2 25 | 13.7% | 3.1% | ||
| Q1 25 | 13.0% | 1.2% | ||
| Q4 24 | 15.2% | 2.9% | ||
| Q3 24 | 15.9% | 3.6% | ||
| Q2 24 | 20.4% | 5.6% | ||
| Q1 24 | 26.2% | 4.1% |
现金转化率NERXT
| Q4 25 | 2.16× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.05× | — | ||
| Q1 25 | 2.50× | — | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 4.64× | — | ||
| Q2 24 | 0.55× | 0.96× | ||
| Q1 24 | 1.35× | — |
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
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
