vs
Cloudflare, Inc.（NET）与SEI INVESTMENTS CO（SEIC）财务数据对比。点击上方公司名可切换其他公司
SEI INVESTMENTS CO的季度营收约是Cloudflare, Inc.的1.0倍（$622.2M vs $614.5M），SEI INVESTMENTS CO净利率更高（28.0% vs -2.0%，领先30.0%），Cloudflare, Inc.同比增速更快（33.6% vs 13.0%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 9.5%）
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。
SEI Investments是一家总部位于美国宾夕法尼亚州奥克斯的金融服务企业，服务对象涵盖机构、私人银行、投资顾问、资产管理机构及私人客户。集团通过旗下子公司及参股合作主体，管理、咨询或受托运营规模达1万亿美元的资产，覆盖对冲基金、私募股权、共同基金及各类集合或独立管理资产品类。
NET vs SEIC — 直观对比
营收规模更大
SEIC
是对方的1.0倍
$614.5M
营收增速更快
NET
高出20.6%
13.0%
净利率更高
SEIC
高出30.0%
-2.0%
两年增速更快
NET
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $622.2M |
| 净利润 | $-12.1M | $174.5M |
| 毛利率 | 73.6% | — |
| 营业利润率 | -8.0% | 30.5% |
| 净利率 | -2.0% | 28.0% |
| 营收同比 | 33.6% | 13.0% |
| 净利润同比 | 6.0% | 15.0% |
| 每股收益（稀释后） | $-0.03 | $1.40 |
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NETSEIC
| Q1 26 | — | $622.2M | ||
| Q4 25 | $614.5M | $607.9M | ||
| Q3 25 | $562.0M | $578.5M | ||
| Q2 25 | $512.3M | $559.6M | ||
| Q1 25 | $479.1M | $551.3M | ||
| Q4 24 | $459.9M | $557.2M | ||
| Q3 24 | $430.1M | $537.4M | ||
| Q2 24 | $401.0M | $519.0M |
净利润NETSEIC
| Q1 26 | — | $174.5M | ||
| Q4 25 | $-12.1M | $172.5M | ||
| Q3 25 | $-1.3M | $164.2M | ||
| Q2 25 | $-50.4M | $227.1M | ||
| Q1 25 | $-38.5M | $151.5M | ||
| Q4 24 | $-12.8M | $155.8M | ||
| Q3 24 | $-15.3M | $154.9M | ||
| Q2 24 | $-15.1M | $139.1M |
毛利率NETSEIC
| Q1 26 | — | — | ||
| Q4 25 | 73.6% | 36.8% | ||
| Q3 25 | 74.0% | 35.0% | ||
| Q2 25 | 74.9% | 33.8% | ||
| Q1 25 | 75.9% | 34.9% | ||
| Q4 24 | 76.4% | 33.1% | ||
| Q3 24 | 77.7% | 33.8% | ||
| Q2 24 | 77.8% | 32.7% |
营业利润率NETSEIC
| Q1 26 | — | 30.5% | ||
| Q4 25 | -8.0% | 26.6% | ||
| Q3 25 | -6.7% | 27.7% | ||
| Q2 25 | -13.1% | 26.6% | ||
| Q1 25 | -11.1% | 28.5% | ||
| Q4 24 | -7.5% | 26.1% | ||
| Q3 24 | -7.2% | 26.8% | ||
| Q2 24 | -8.7% | 26.3% |
净利率NETSEIC
| Q1 26 | — | 28.0% | ||
| Q4 25 | -2.0% | 28.4% | ||
| Q3 25 | -0.2% | 28.4% | ||
| Q2 25 | -9.8% | 40.6% | ||
| Q1 25 | -8.0% | 27.5% | ||
| Q4 24 | -2.8% | 28.0% | ||
| Q3 24 | -3.6% | 28.8% | ||
| Q2 24 | -3.8% | 26.8% |
每股收益（稀释后）NETSEIC
| Q1 26 | — | $1.40 | ||
| Q4 25 | $-0.03 | $1.38 | ||
| Q3 25 | $0.00 | $1.30 | ||
| Q2 25 | $-0.15 | $1.78 | ||
| Q1 25 | $-0.11 | $1.17 | ||
| Q4 24 | $-0.05 | $1.18 | ||
| Q3 24 | $-0.04 | $1.19 | ||
| Q2 24 | $-0.04 | $1.05 |
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 | $363.1M |
| 总债务越低越好 | — | $32.4M |
| 股东权益账面价值 | $1.5B | $2.5B |
| 总资产 | $6.0B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资NETSEIC
| Q1 26 | — | $363.1M | ||
| Q4 25 | $943.5M | $399.8M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $204.5M | $710.7M | ||
| Q4 24 | $147.7M | $839.9M | ||
| Q3 24 | $182.9M | $901.1M | ||
| Q2 24 | $157.0M | $768.3M |
总债务NETSEIC
| Q1 26 | — | $32.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益NETSEIC
| Q1 26 | — | $2.5B | ||
| Q4 25 | $1.5B | $2.4B | ||
| Q3 25 | $1.3B | $2.4B | ||
| Q2 25 | $1.2B | $2.3B | ||
| Q1 25 | $1.4B | $2.3B | ||
| Q4 24 | $1.0B | $2.3B | ||
| Q3 24 | $973.1M | $2.4B | ||
| Q2 24 | $881.5M | $2.2B |
总资产NETSEIC
| Q1 26 | — | $3.3B | ||
| Q4 25 | $6.0B | — | ||
| Q3 25 | $5.8B | — | ||
| Q2 25 | $5.6B | $2.6B | ||
| Q1 25 | $3.7B | $2.6B | ||
| Q4 24 | $3.3B | $2.7B | ||
| Q3 24 | $3.1B | $2.7B | ||
| Q2 24 | $2.9B | $2.5B |
负债/权益比NETSEIC
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 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 | — | — |
| 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NETSEIC
| Q1 26 | — | — | ||
| Q4 25 | $190.4M | $126.4M | ||
| Q3 25 | $167.1M | $238.3M | ||
| Q2 25 | $99.8M | $96.5M | ||
| Q1 25 | $145.8M | $146.5M | ||
| Q4 24 | $127.3M | $195.3M | ||
| Q3 24 | $104.7M | $200.0M | ||
| Q2 24 | $74.8M | $114.7M |
自由现金流NETSEIC
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $124.8M | ||
| Q3 25 | $82.5M | $229.6M | ||
| Q2 25 | $39.9M | $92.7M | ||
| Q1 25 | $59.9M | $137.8M | ||
| Q4 24 | $54.2M | $190.2M | ||
| Q3 24 | $54.5M | $193.7M | ||
| Q2 24 | $45.2M | $107.0M |
自由现金流率NETSEIC
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 20.5% | ||
| Q3 25 | 14.7% | 39.7% | ||
| Q2 25 | 7.8% | 16.6% | ||
| Q1 25 | 12.5% | 25.0% | ||
| Q4 24 | 11.8% | 34.1% | ||
| Q3 24 | 12.7% | 36.0% | ||
| Q2 24 | 11.3% | 20.6% |
资本支出强度NETSEIC
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 0.3% | ||
| Q3 25 | 15.1% | 1.5% | ||
| Q2 25 | 11.7% | 0.7% | ||
| Q1 25 | 17.9% | 1.6% | ||
| Q4 24 | 15.9% | 0.9% | ||
| Q3 24 | 11.7% | 1.2% | ||
| Q2 24 | 7.4% | 1.5% |
现金转化率NETSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 0.82× |
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% |
SEIC
暂无分部数据
