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Cloudflare, Inc.（NET）与OMNICELL, INC.（OMCL）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是OMNICELL, INC.的2.0倍（$614.5M vs $309.9M），OMNICELL, INC.净利率更高（3.7% vs -2.0%，领先5.6%），Cloudflare, Inc.同比增速更快（33.6% vs 14.9%），Cloudflare, Inc.自由现金流更多（$105.2M vs $38.6M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 5.8%）
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
Omnicell是总部位于美国加州山景城的跨国医疗科技企业，专注于为医院及各类医疗机构提供药品管理自动化系统，同时面向零售药房推出用药依从性包装与患者互动软件，旗下产品使用Omnicell及EnlivenHealth两大品牌。
NET vs OMCL — 直观对比
营收规模更大
NET
是对方的2.0倍
$309.9M
营收增速更快
NET
高出18.7%
14.9%
净利率更高
OMCL
高出5.6%
-2.0%
自由现金流更多
NET
多$66.6M
$38.6M
两年增速更快
NET
近两年复合增速
5.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $309.9M |
| 净利润 | $-12.1M | $11.4M |
| 毛利率 | 73.6% | 45.3% |
| 营业利润率 | -8.0% | — |
| 净利率 | -2.0% | 3.7% |
| 营收同比 | 33.6% | 14.9% |
| 净利润同比 | 6.0% | 261.7% |
| 每股收益（稀释后） | $-0.03 | $0.25 |
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NETOMCL
| Q1 26 | — | $309.9M | ||
| Q4 25 | $614.5M | $314.0M | ||
| Q3 25 | $562.0M | $310.6M | ||
| Q2 25 | $512.3M | $290.6M | ||
| Q1 25 | $479.1M | $269.7M | ||
| Q4 24 | $459.9M | $306.9M | ||
| Q3 24 | $430.1M | $282.4M | ||
| Q2 24 | $401.0M | $276.8M |
净利润NETOMCL
| Q1 26 | — | $11.4M | ||
| Q4 25 | $-12.1M | — | ||
| Q3 25 | $-1.3M | $5.5M | ||
| Q2 25 | $-50.4M | $5.6M | ||
| Q1 25 | $-38.5M | $-7.0M | ||
| Q4 24 | $-12.8M | — | ||
| Q3 24 | $-15.3M | $8.6M | ||
| Q2 24 | $-15.1M | $3.7M |
毛利率NETOMCL
| Q1 26 | — | 45.3% | ||
| Q4 25 | 73.6% | 41.5% | ||
| Q3 25 | 74.0% | 43.3% | ||
| Q2 25 | 74.9% | 43.9% | ||
| Q1 25 | 75.9% | 41.1% | ||
| Q4 24 | 76.4% | 46.2% | ||
| Q3 24 | 77.7% | 43.3% | ||
| Q2 24 | 77.8% | 41.3% |
营业利润率NETOMCL
| Q1 26 | — | — | ||
| Q4 25 | -8.0% | 0.1% | ||
| Q3 25 | -6.7% | 2.7% | ||
| Q2 25 | -13.1% | 2.8% | ||
| Q1 25 | -11.1% | -4.3% | ||
| Q4 24 | -7.5% | 4.0% | ||
| Q3 24 | -7.2% | 2.3% | ||
| Q2 24 | -8.7% | 1.2% |
净利率NETOMCL
| Q1 26 | — | 3.7% | ||
| Q4 25 | -2.0% | — | ||
| Q3 25 | -0.2% | 1.8% | ||
| Q2 25 | -9.8% | 1.9% | ||
| Q1 25 | -8.0% | -2.6% | ||
| Q4 24 | -2.8% | — | ||
| Q3 24 | -3.6% | 3.1% | ||
| Q2 24 | -3.8% | 1.3% |
每股收益（稀释后）NETOMCL
| Q1 26 | — | $0.25 | ||
| Q4 25 | $-0.03 | $-0.05 | ||
| Q3 25 | $0.00 | $0.12 | ||
| Q2 25 | $-0.15 | $0.12 | ||
| Q1 25 | $-0.11 | $-0.15 | ||
| Q4 24 | $-0.05 | $0.34 | ||
| Q3 24 | $-0.04 | $0.19 | ||
| Q2 24 | $-0.04 | $0.08 |
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 | $943.5M | $239.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $1.3B |
| 总资产 | $6.0B | $2.0B |
| 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NETOMCL
| Q1 26 | — | $239.2M | ||
| Q4 25 | $943.5M | $196.5M | ||
| Q3 25 | $1.1B | $180.1M | ||
| Q2 25 | $1.5B | $399.0M | ||
| Q1 25 | $204.5M | $386.8M | ||
| Q4 24 | $147.7M | $369.2M | ||
| Q3 24 | $182.9M | $570.6M | ||
| Q2 24 | $157.0M | $556.8M |
股东权益NETOMCL
| Q1 26 | — | $1.3B | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $973.1M | $1.2B | ||
| Q2 24 | $881.5M | $1.2B |
总资产NETOMCL
| Q1 26 | — | $2.0B | ||
| Q4 25 | $6.0B | $2.0B | ||
| Q3 25 | $5.8B | $1.9B | ||
| Q2 25 | $5.6B | $2.1B | ||
| Q1 25 | $3.7B | $2.2B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.1B | $2.3B | ||
| Q2 24 | $2.9B | $2.3B |
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 | $190.4M | $54.5M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $38.6M |
| 自由现金流率自由现金流/营收 | 17.1% | 12.5% |
| 资本支出强度资本支出/营收 | 13.9% | — |
| 现金转化率经营现金流/净利润 | — | 4.80× |
| 过去12个月自由现金流最近4个季度 | $287.5M | $110.8M |
8季度趋势，按日历期对齐
经营现金流NETOMCL
| Q1 26 | — | $54.5M | ||
| Q4 25 | $190.4M | $30.4M | ||
| Q3 25 | $167.1M | $28.3M | ||
| Q2 25 | $99.8M | $42.8M | ||
| Q1 25 | $145.8M | $25.9M | ||
| Q4 24 | $127.3M | $56.3M | ||
| Q3 24 | $104.7M | $22.8M | ||
| Q2 24 | $74.8M | $58.7M |
自由现金流NETOMCL
| Q1 26 | — | $38.6M | ||
| Q4 25 | $105.2M | $22.6M | ||
| Q3 25 | $82.5M | $18.5M | ||
| Q2 25 | $39.9M | $31.0M | ||
| Q1 25 | $59.9M | $14.8M | ||
| Q4 24 | $54.2M | $47.2M | ||
| Q3 24 | $54.5M | $13.9M | ||
| Q2 24 | $45.2M | $49.1M |
自由现金流率NETOMCL
| Q1 26 | — | 12.5% | ||
| Q4 25 | 17.1% | 7.2% | ||
| Q3 25 | 14.7% | 6.0% | ||
| Q2 25 | 7.8% | 10.7% | ||
| Q1 25 | 12.5% | 5.5% | ||
| Q4 24 | 11.8% | 15.4% | ||
| Q3 24 | 12.7% | 4.9% | ||
| Q2 24 | 11.3% | 17.8% |
资本支出强度NETOMCL
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 2.5% | ||
| Q3 25 | 15.1% | 3.1% | ||
| Q2 25 | 11.7% | 4.1% | ||
| Q1 25 | 17.9% | 4.1% | ||
| Q4 24 | 15.9% | 3.0% | ||
| Q3 24 | 11.7% | 3.1% | ||
| Q2 24 | 7.4% | 3.5% |
现金转化率NETOMCL
| Q1 26 | — | 4.80× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 5.18× | ||
| Q2 25 | — | 7.58× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | 15.72× |
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
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
OMCL
| Product revenues | $174.8M | 56% |
| Service revenues | $135.1M | 44% |
