vs
Cloudflare, Inc.（NET）与OXFORD INDUSTRIES INC（OXM）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OXFORD INDUSTRIES INC的2.0倍（$614.5M vs $307.3M），Cloudflare, Inc.净利率更高（-2.0% vs -20.7%，领先18.8%），Cloudflare, Inc.同比增速更快（33.6% vs -0.2%），Cloudflare, Inc.自由现金流更多（$105.2M vs $-47.9M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -3.0%）
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。
牛津工业公司是美国一家上市服装企业，主打高端服装及服饰产品，旗下拥有多个知名品牌，包括汤米·巴哈马、莉莉·普利策、强尼·瓦斯和萨瑟恩泰德等。
NET vs OXM — 直观对比
营收规模更大
NET
是对方的2.0倍
$307.3M
营收增速更快
NET
高出33.8%
-0.2%
净利率更高
NET
高出18.8%
-20.7%
自由现金流更多
NET
多$153.1M
$-47.9M
两年增速更快
NET
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $307.3M |
| 净利润 | $-12.1M | $-63.7M |
| 毛利率 | 73.6% | 60.3% |
| 营业利润率 | -8.0% | -27.7% |
| 净利率 | -2.0% | -20.7% |
| 营收同比 | 33.6% | -0.2% |
| 净利润同比 | 6.0% | -1517.6% |
| 每股收益（稀释后） | $-0.03 | $-4.28 |
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NETOXM
| Q4 25 | $614.5M | $307.3M | ||
| Q3 25 | $562.0M | $403.1M | ||
| Q2 25 | $512.3M | $392.9M | ||
| Q1 25 | $479.1M | — | ||
| Q4 24 | $459.9M | $308.0M | ||
| Q3 24 | $430.1M | $419.9M | ||
| Q2 24 | $401.0M | $398.2M | ||
| Q1 24 | $378.6M | $404.4M |
净利润NETOXM
| Q4 25 | $-12.1M | $-63.7M | ||
| Q3 25 | $-1.3M | $16.7M | ||
| Q2 25 | $-50.4M | $26.2M | ||
| Q1 25 | $-38.5M | — | ||
| Q4 24 | $-12.8M | $-3.9M | ||
| Q3 24 | $-15.3M | $40.6M | ||
| Q2 24 | $-15.1M | $38.4M | ||
| Q1 24 | $-35.5M | $-60.1M |
毛利率NETOXM
| Q4 25 | 73.6% | 60.3% | ||
| Q3 25 | 74.0% | 61.4% | ||
| Q2 25 | 74.9% | 64.2% | ||
| Q1 25 | 75.9% | — | ||
| Q4 24 | 76.4% | 63.1% | ||
| Q3 24 | 77.7% | 63.1% | ||
| Q2 24 | 77.8% | 64.9% | ||
| Q1 24 | 77.5% | 60.9% |
营业利润率NETOXM
| Q4 25 | -8.0% | -27.7% | ||
| Q3 25 | -6.7% | 6.3% | ||
| Q2 25 | -13.1% | 9.2% | ||
| Q1 25 | -11.1% | — | ||
| Q4 24 | -7.5% | -2.0% | ||
| Q3 24 | -7.2% | 12.5% | ||
| Q2 24 | -8.7% | 13.2% | ||
| Q1 24 | -14.4% | -20.1% |
净利率NETOXM
| Q4 25 | -2.0% | -20.7% | ||
| Q3 25 | -0.2% | 4.1% | ||
| Q2 25 | -9.8% | 6.7% | ||
| Q1 25 | -8.0% | — | ||
| Q4 24 | -2.8% | -1.3% | ||
| Q3 24 | -3.6% | 9.7% | ||
| Q2 24 | -3.8% | 9.6% | ||
| Q1 24 | -9.4% | -14.9% |
每股收益（稀释后）NETOXM
| Q4 25 | $-0.03 | $-4.28 | ||
| Q3 25 | $0.00 | $1.12 | ||
| Q2 25 | $-0.15 | $1.70 | ||
| Q1 25 | $-0.11 | — | ||
| Q4 24 | $-0.05 | $-0.25 | ||
| Q3 24 | $-0.04 | $2.57 | ||
| Q2 24 | $-0.04 | $2.42 | ||
| Q1 24 | $-0.10 | $-3.72 |
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 | $8.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $528.0M |
| 总资产 | $6.0B | $1.3B |
| 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NETOXM
| Q4 25 | $943.5M | $8.0M | ||
| Q3 25 | $1.1B | $6.9M | ||
| Q2 25 | $1.5B | $8.2M | ||
| Q1 25 | $204.5M | — | ||
| Q4 24 | $147.7M | $7.0M | ||
| Q3 24 | $182.9M | $18.4M | ||
| Q2 24 | $157.0M | $7.7M | ||
| Q1 24 | $254.4M | $7.6M |
总债务NETOXM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $29.0M |
股东权益NETOXM
| Q4 25 | $1.5B | $528.0M | ||
| Q3 25 | $1.3B | $597.1M | ||
| Q2 25 | $1.2B | $592.4M | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.0B | $612.2M | ||
| Q3 24 | $973.1M | $621.6M | ||
| Q2 24 | $881.5M | $592.9M | ||
| Q1 24 | $797.2M | $560.9M |
总资产NETOXM
| Q4 25 | $6.0B | $1.3B | ||
| Q3 25 | $5.8B | $1.3B | ||
| Q2 25 | $5.6B | $1.3B | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $3.1B | $1.2B | ||
| Q2 24 | $2.9B | $1.2B | ||
| Q1 24 | $2.8B | $1.1B |
负债/权益比NETOXM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
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 | $-9.1M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $-47.9M |
| 自由现金流率自由现金流/营收 | 17.1% | -15.6% |
| 资本支出强度资本支出/营收 | 13.9% | 12.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $287.5M | $-79.9M |
8季度趋势，按日历期对齐
经营现金流NETOXM
| Q4 25 | $190.4M | $-9.1M | ||
| Q3 25 | $167.1M | $83.5M | ||
| Q2 25 | $99.8M | $-3.9M | ||
| Q1 25 | $145.8M | — | ||
| Q4 24 | $127.3M | $-18.2M | ||
| Q3 24 | $104.7M | $88.8M | ||
| Q2 24 | $74.8M | $32.9M | ||
| Q1 24 | $73.6M | $74.9M |
自由现金流NETOXM
| Q4 25 | $105.2M | $-47.9M | ||
| Q3 25 | $82.5M | $52.3M | ||
| Q2 25 | $39.9M | $-27.4M | ||
| Q1 25 | $59.9M | — | ||
| Q4 24 | $54.2M | $-56.9M | ||
| Q3 24 | $54.5M | $47.2M | ||
| Q2 24 | $45.2M | $21.0M | ||
| Q1 24 | $41.5M | $55.3M |
自由现金流率NETOXM
| Q4 25 | 17.1% | -15.6% | ||
| Q3 25 | 14.7% | 13.0% | ||
| Q2 25 | 7.8% | -7.0% | ||
| Q1 25 | 12.5% | — | ||
| Q4 24 | 11.8% | -18.5% | ||
| Q3 24 | 12.7% | 11.2% | ||
| Q2 24 | 11.3% | 5.3% | ||
| Q1 24 | 11.0% | 13.7% |
资本支出强度NETOXM
| Q4 25 | 13.9% | 12.6% | ||
| Q3 25 | 15.1% | 7.7% | ||
| Q2 25 | 11.7% | 6.0% | ||
| Q1 25 | 17.9% | — | ||
| Q4 24 | 15.9% | 12.6% | ||
| Q3 24 | 11.7% | 9.9% | ||
| Q2 24 | 7.4% | 3.0% | ||
| Q1 24 | 8.5% | 4.8% |
现金转化率NETOXM
| Q4 25 | — | — | ||
| Q3 25 | — | 5.00× | ||
| Q2 25 | — | -0.15× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | — | — |
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% |
OXM
| Sales Channel Retail | $162.9M | 53% |
| Sales Channel Wholesale | $61.3M | 20% |
| Johnny Was | $45.4M | 15% |
| Sales Channel Food And Beverage | $29.3M | 10% |
| Other Foreign Countries | $9.0M | 3% |
