vs
Cloudflare, Inc.（NET）与索尼互动娱乐（RSI）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是索尼互动娱乐的1.7倍（$614.5M vs $370.4M），索尼互动娱乐净利率更高（7.1% vs -2.0%，领先9.0%），索尼互动娱乐同比增速更快（41.1% vs 33.6%），过去两年索尼互动娱乐的营收复合增速更高（29.6% vs 27.4%）
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。
索尼互动娱乐有限责任公司隶属于日本企业集团索尼集团，是美国的电子游戏与数字娱乐企业。该公司主打PlayStation品牌系列游戏主机及相关产品，按营收与股权投资规模计算，是全球电子游戏行业规模最大的企业。
NET vs RSI — 直观对比
营收规模更大
NET
是对方的1.7倍
$370.4M
营收增速更快
RSI
高出7.5%
33.6%
净利率更高
RSI
高出9.0%
-2.0%
两年增速更快
RSI
近两年复合增速
27.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $370.4M |
| 净利润 | $-12.1M | $26.2M |
| 毛利率 | 73.6% | — |
| 营业利润率 | -8.0% | 11.6% |
| 净利率 | -2.0% | 7.1% |
| 营收同比 | 33.6% | 41.1% |
| 净利润同比 | 6.0% | 70.5% |
| 每股收益（稀释后） | $-0.03 | $0.08 |
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NETRSI
| Q1 26 | — | $370.4M | ||
| Q4 25 | $614.5M | $324.9M | ||
| Q3 25 | $562.0M | $277.9M | ||
| Q2 25 | $512.3M | $269.2M | ||
| Q1 25 | $479.1M | $262.4M | ||
| Q4 24 | $459.9M | $254.2M | ||
| Q3 24 | $430.1M | $232.1M | ||
| Q2 24 | $401.0M | $220.4M |
净利润NETRSI
| Q1 26 | — | $26.2M | ||
| Q4 25 | $-12.1M | $5.2M | ||
| Q3 25 | $-1.3M | $6.1M | ||
| Q2 25 | $-50.4M | $16.7M | ||
| Q1 25 | $-38.5M | $5.3M | ||
| Q4 24 | $-12.8M | $2.0M | ||
| Q3 24 | $-15.3M | $1.2M | ||
| Q2 24 | $-15.1M | $-100.0K |
毛利率NETRSI
| Q1 26 | — | — | ||
| Q4 25 | 73.6% | 34.4% | ||
| Q3 25 | 74.0% | 34.0% | ||
| Q2 25 | 74.9% | 35.3% | ||
| Q1 25 | 75.9% | 34.9% | ||
| Q4 24 | 76.4% | 36.4% | ||
| Q3 24 | 77.7% | 34.8% | ||
| Q2 24 | 77.8% | 34.4% |
营业利润率NETRSI
| Q1 26 | — | 11.6% | ||
| Q4 25 | -8.0% | 8.9% | ||
| Q3 25 | -6.7% | 7.0% | ||
| Q2 25 | -13.1% | 9.0% | ||
| Q1 25 | -11.1% | 5.6% | ||
| Q4 24 | -7.5% | 4.8% | ||
| Q3 24 | -7.2% | 2.8% | ||
| Q2 24 | -8.7% | 1.9% |
净利率NETRSI
| Q1 26 | — | 7.1% | ||
| Q4 25 | -2.0% | 1.6% | ||
| Q3 25 | -0.2% | 2.2% | ||
| Q2 25 | -9.8% | 6.2% | ||
| Q1 25 | -8.0% | 2.0% | ||
| Q4 24 | -2.8% | 0.8% | ||
| Q3 24 | -3.6% | 0.5% | ||
| Q2 24 | -3.8% | -0.0% |
每股收益（稀释后）NETRSI
| Q1 26 | — | $0.08 | ||
| Q4 25 | $-0.03 | $0.08 | ||
| Q3 25 | $0.00 | $0.06 | ||
| Q2 25 | $-0.15 | $0.12 | ||
| Q1 25 | $-0.11 | $0.05 | ||
| Q4 24 | $-0.05 | $0.03 | ||
| Q3 24 | $-0.04 | $0.01 | ||
| Q2 24 | $-0.04 | $0.00 |
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 | $330.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $318.6M |
| 总资产 | $6.0B | $677.3M |
| 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NETRSI
| Q1 26 | — | $330.6M | ||
| Q4 25 | $943.5M | $342.5M | ||
| Q3 25 | $1.1B | $279.5M | ||
| Q2 25 | $1.5B | $246.4M | ||
| Q1 25 | $204.5M | $232.8M | ||
| Q4 24 | $147.7M | $233.5M | ||
| Q3 24 | $182.9M | $220.9M | ||
| Q2 24 | $157.0M | $198.4M |
股东权益NETRSI
| Q1 26 | — | $318.6M | ||
| Q4 25 | $1.5B | $147.2M | ||
| Q3 25 | $1.3B | $133.1M | ||
| Q2 25 | $1.2B | $122.9M | ||
| Q1 25 | $1.4B | $81.3M | ||
| Q4 24 | $1.0B | $78.7M | ||
| Q3 24 | $973.1M | $69.8M | ||
| Q2 24 | $881.5M | $63.4M |
总资产NETRSI
| Q1 26 | — | $677.3M | ||
| Q4 25 | $6.0B | $658.5M | ||
| Q3 25 | $5.8B | $593.2M | ||
| Q2 25 | $5.6B | $543.0M | ||
| Q1 25 | $3.7B | $387.0M | ||
| Q4 24 | $3.3B | $379.5M | ||
| Q3 24 | $3.1B | $362.6M | ||
| Q2 24 | $2.9B | $340.7M |
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 | $20.1M |
| 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 | — | 0.77× |
| 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NETRSI
| Q1 26 | — | $20.1M | ||
| Q4 25 | $190.4M | $69.1M | ||
| Q3 25 | $167.1M | $41.4M | ||
| Q2 25 | $99.8M | $25.8M | ||
| Q1 25 | $145.8M | $28.7M | ||
| Q4 24 | $127.3M | $25.9M | ||
| Q3 24 | $104.7M | $29.4M | ||
| Q2 24 | $74.8M | $20.2M |
自由现金流NETRSI
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $68.9M | ||
| Q3 25 | $82.5M | $41.2M | ||
| Q2 25 | $39.9M | $25.6M | ||
| Q1 25 | $59.9M | $28.6M | ||
| Q4 24 | $54.2M | $25.7M | ||
| Q3 24 | $54.5M | $29.3M | ||
| Q2 24 | $45.2M | $19.9M |
自由现金流率NETRSI
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 21.2% | ||
| Q3 25 | 14.7% | 14.8% | ||
| Q2 25 | 7.8% | 9.5% | ||
| Q1 25 | 12.5% | 10.9% | ||
| Q4 24 | 11.8% | 10.1% | ||
| Q3 24 | 12.7% | 12.6% | ||
| Q2 24 | 11.3% | 9.0% |
资本支出强度NETRSI
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 0.1% | ||
| Q3 25 | 15.1% | 0.1% | ||
| Q2 25 | 11.7% | 0.1% | ||
| Q1 25 | 17.9% | 0.1% | ||
| Q4 24 | 15.9% | 0.1% | ||
| Q3 24 | 11.7% | 0.1% | ||
| Q2 24 | 7.4% | 0.2% |
现金转化率NETRSI
| Q1 26 | — | 0.77× | ||
| Q4 25 | — | 13.17× | ||
| Q3 25 | — | 6.84× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 5.40× | ||
| Q4 24 | — | 12.79× | ||
| Q3 24 | — | 24.74× | ||
| Q2 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% |
RSI
暂无分部数据
