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Cloudflare, Inc.（NET）与Pool Corporation（POOL）财务数据对比。点击上方公司名可切换其他公司
Pool Corporation的季度营收约是Cloudflare, Inc.的1.9倍（$1.1B vs $614.5M），Pool Corporation净利率更高（4.7% vs -2.0%，领先6.6%），Cloudflare, Inc.同比增速更快（33.6% vs 6.2%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -19.8%）
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。
Pool Corporation（简称POOLCORP）是全球最大的游泳池用品、设备及机械分销商，注册地为美国特拉华州，总部位于路易斯安那州卡温顿。公司在北美、欧洲、澳大利亚运营439个销售中心，服务约12.5万客户，过半收入来自美国加州、得州、佛罗里达及亚利桑那市场，受益于人口向温暖气候区迁移的趋势。
NET vs POOL — 直观对比
营收规模更大
POOL
是对方的1.9倍
$614.5M
营收增速更快
NET
高出27.4%
6.2%
净利率更高
POOL
高出6.6%
-2.0%
两年增速更快
NET
近两年复合增速
-19.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $1.1B |
| 净利润 | $-12.1M | $53.2M |
| 毛利率 | 73.6% | 29.0% |
| 营业利润率 | -8.0% | 7.3% |
| 净利率 | -2.0% | 4.7% |
| 营收同比 | 33.6% | 6.2% |
| 净利润同比 | 6.0% | -0.6% |
| 每股收益（稀释后） | $-0.03 | $1.45 |
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NETPOOL
| Q1 26 | — | $1.1B | ||
| Q4 25 | $614.5M | $982.2M | ||
| Q3 25 | $562.0M | $1.5B | ||
| Q2 25 | $512.3M | $1.8B | ||
| Q1 25 | $479.1M | $1.1B | ||
| Q4 24 | $459.9M | $987.5M | ||
| Q3 24 | $430.1M | $1.4B | ||
| Q2 24 | $401.0M | $1.8B |
净利润NETPOOL
| Q1 26 | — | $53.2M | ||
| Q4 25 | $-12.1M | $31.6M | ||
| Q3 25 | $-1.3M | $127.0M | ||
| Q2 25 | $-50.4M | $194.3M | ||
| Q1 25 | $-38.5M | $53.5M | ||
| Q4 24 | $-12.8M | $37.3M | ||
| Q3 24 | $-15.3M | $125.7M | ||
| Q2 24 | $-15.1M | $192.4M |
毛利率NETPOOL
| Q1 26 | — | 29.0% | ||
| Q4 25 | 73.6% | 30.1% | ||
| Q3 25 | 74.0% | 29.6% | ||
| Q2 25 | 74.9% | 30.0% | ||
| Q1 25 | 75.9% | 29.2% | ||
| Q4 24 | 76.4% | 29.4% | ||
| Q3 24 | 77.7% | 29.1% | ||
| Q2 24 | 77.8% | 30.0% |
营业利润率NETPOOL
| Q1 26 | — | 7.3% | ||
| Q4 25 | -8.0% | 5.3% | ||
| Q3 25 | -6.7% | 12.3% | ||
| Q2 25 | -13.1% | 15.3% | ||
| Q1 25 | -11.1% | 7.2% | ||
| Q4 24 | -7.5% | 6.1% | ||
| Q3 24 | -7.2% | 12.3% | ||
| Q2 24 | -8.7% | 15.3% |
净利率NETPOOL
| Q1 26 | — | 4.7% | ||
| Q4 25 | -2.0% | 3.2% | ||
| Q3 25 | -0.2% | 8.8% | ||
| Q2 25 | -9.8% | 10.9% | ||
| Q1 25 | -8.0% | 5.0% | ||
| Q4 24 | -2.8% | 3.8% | ||
| Q3 24 | -3.6% | 8.8% | ||
| Q2 24 | -3.8% | 10.9% |
每股收益（稀释后）NETPOOL
| Q1 26 | — | $1.45 | ||
| Q4 25 | $-0.03 | $0.86 | ||
| Q3 25 | $0.00 | $3.40 | ||
| Q2 25 | $-0.15 | $5.17 | ||
| Q1 25 | $-0.11 | $1.42 | ||
| Q4 24 | $-0.05 | $1.00 | ||
| Q3 24 | $-0.04 | $3.27 | ||
| Q2 24 | $-0.04 | $4.99 |
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 | $64.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | — |
| 总资产 | $6.0B | $4.0B |
| 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NETPOOL
| Q1 26 | — | $64.5M | ||
| Q4 25 | $943.5M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $204.5M | — | ||
| Q4 24 | $147.7M | — | ||
| Q3 24 | $182.9M | — | ||
| Q2 24 | $157.0M | — |
总债务NETPOOL
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $968.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $879.1M | ||
| Q2 24 | — | $1.1B |
股东权益NETPOOL
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $973.1M | $1.4B | ||
| Q2 24 | $881.5M | $1.4B |
总资产NETPOOL
| Q1 26 | — | $4.0B | ||
| Q4 25 | $6.0B | $3.6B | ||
| Q3 25 | $5.8B | $3.5B | ||
| Q2 25 | $5.6B | $3.7B | ||
| Q1 25 | $3.7B | $3.7B | ||
| Q4 24 | $3.3B | $3.4B | ||
| Q3 24 | $3.1B | $3.4B | ||
| Q2 24 | $2.9B | $3.6B |
负债/权益比NETPOOL
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.76× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.61× | ||
| Q2 24 | — | 0.75× |
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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | — |
| 自由现金流率自由现金流/营收 | 17.1% | — |
| 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 | — | 0.48× |
| 过去12个月自由现金流最近4个季度 | $287.5M | — |
8季度趋势，按日历期对齐
经营现金流NETPOOL
| Q1 26 | — | $25.7M | ||
| Q4 25 | $190.4M | $80.1M | ||
| Q3 25 | $167.1M | $287.3M | ||
| Q2 25 | $99.8M | $-28.8M | ||
| Q1 25 | $145.8M | $27.2M | ||
| Q4 24 | $127.3M | $170.6M | ||
| Q3 24 | $104.7M | $316.5M | ||
| Q2 24 | $74.8M | $26.7M |
自由现金流NETPOOL
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $71.9M | ||
| Q3 25 | $82.5M | $266.6M | ||
| Q2 25 | $39.9M | $-42.9M | ||
| Q1 25 | $59.9M | $13.9M | ||
| Q4 24 | $54.2M | $157.0M | ||
| Q3 24 | $54.5M | $305.5M | ||
| Q2 24 | $45.2M | $8.8M |
自由现金流率NETPOOL
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 7.3% | ||
| Q3 25 | 14.7% | 18.4% | ||
| Q2 25 | 7.8% | -2.4% | ||
| Q1 25 | 12.5% | 1.3% | ||
| Q4 24 | 11.8% | 15.9% | ||
| Q3 24 | 12.7% | 21.3% | ||
| Q2 24 | 11.3% | 0.5% |
资本支出强度NETPOOL
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 0.8% | ||
| Q3 25 | 15.1% | 1.4% | ||
| Q2 25 | 11.7% | 0.8% | ||
| Q1 25 | 17.9% | 1.2% | ||
| Q4 24 | 15.9% | 1.4% | ||
| Q3 24 | 11.7% | 0.8% | ||
| Q2 24 | 7.4% | 1.0% |
现金转化率NETPOOL
| Q1 26 | — | 0.48× | ||
| Q4 25 | — | 2.54× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | -0.15× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 4.57× | ||
| Q3 24 | — | 2.52× | ||
| Q2 24 | — | 0.14× |
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% |
POOL
暂无分部数据
