vs
Cloudflare, Inc.（NET）与STEVEN MADDEN, LTD.（SHOO）财务数据对比。点击上方公司名可切换其他公司
STEVEN MADDEN, LTD.的季度营收约是Cloudflare, Inc.的1.2倍（$749.8M vs $614.5M），STEVEN MADDEN, LTD.净利率更高（3.3% vs -2.0%，领先5.3%），Cloudflare, Inc.同比增速更快（33.6% vs 29.5%），Cloudflare, Inc.自由现金流更多（$105.2M vs $80.8M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 16.7%）
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。
Steven Madden, Ltd.是一家上市时尚企业，专注于鞋履及潮流配饰的设计与营销，总部位于纽约长岛市。旗下拥有Dolce Vita、Betsey Johnson、Blondo、BB Dakota、Mad Love等品牌，同时获得Anne Klein、Superga等品牌的授权开展相关业务。
NET vs SHOO — 直观对比
营收规模更大
SHOO
是对方的1.2倍
$614.5M
营收增速更快
NET
高出4.1%
29.5%
净利率更高
SHOO
高出5.3%
-2.0%
自由现金流更多
NET
多$24.4M
$80.8M
两年增速更快
NET
近两年复合增速
16.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $749.8M |
| 净利润 | $-12.1M | $24.7M |
| 毛利率 | 73.6% | 42.6% |
| 营业利润率 | -8.0% | 4.8% |
| 净利率 | -2.0% | 3.3% |
| 营收同比 | 33.6% | 29.5% |
| 净利润同比 | 6.0% | -34.8% |
| 每股收益（稀释后） | $-0.03 | $0.33 |
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NETSHOO
| Q4 25 | $614.5M | $749.8M | ||
| Q3 25 | $562.0M | $664.2M | ||
| Q2 25 | $512.3M | $556.1M | ||
| Q1 25 | $479.1M | $551.4M | ||
| Q4 24 | $459.9M | $578.8M | ||
| Q3 24 | $430.1M | $621.2M | ||
| Q2 24 | $401.0M | $521.7M | ||
| Q1 24 | $378.6M | $550.6M |
净利润NETSHOO
| Q4 25 | $-12.1M | $24.7M | ||
| Q3 25 | $-1.3M | $20.5M | ||
| Q2 25 | $-50.4M | $-38.7M | ||
| Q1 25 | $-38.5M | $41.3M | ||
| Q4 24 | $-12.8M | $37.8M | ||
| Q3 24 | $-15.3M | $55.3M | ||
| Q2 24 | $-15.1M | $36.9M | ||
| Q1 24 | $-35.5M | $44.6M |
毛利率NETSHOO
| Q4 25 | 73.6% | 42.6% | ||
| Q3 25 | 74.0% | 41.8% | ||
| Q2 25 | 74.9% | 40.6% | ||
| Q1 25 | 75.9% | 41.0% | ||
| Q4 24 | 76.4% | 40.7% | ||
| Q3 24 | 77.7% | 41.8% | ||
| Q2 24 | 77.8% | 41.6% | ||
| Q1 24 | 77.5% | 40.8% |
营业利润率NETSHOO
| Q4 25 | -8.0% | 4.8% | ||
| Q3 25 | -6.7% | 4.7% | ||
| Q2 25 | -13.1% | -7.2% | ||
| Q1 25 | -11.1% | 9.7% | ||
| Q4 24 | -7.5% | 8.1% | ||
| Q3 24 | -7.2% | 12.0% | ||
| Q2 24 | -8.7% | 9.0% | ||
| Q1 24 | -14.4% | 10.3% |
净利率NETSHOO
| Q4 25 | -2.0% | 3.3% | ||
| Q3 25 | -0.2% | 3.1% | ||
| Q2 25 | -9.8% | -7.0% | ||
| Q1 25 | -8.0% | 7.5% | ||
| Q4 24 | -2.8% | 6.5% | ||
| Q3 24 | -3.6% | 8.9% | ||
| Q2 24 | -3.8% | 7.1% | ||
| Q1 24 | -9.4% | 8.1% |
每股收益（稀释后）NETSHOO
| Q4 25 | $-0.03 | $0.33 | ||
| Q3 25 | $0.00 | $0.29 | ||
| Q2 25 | $-0.15 | $-0.56 | ||
| Q1 25 | $-0.11 | $0.57 | ||
| Q4 24 | $-0.05 | $0.49 | ||
| Q3 24 | $-0.04 | $0.77 | ||
| Q2 24 | $-0.04 | $0.49 | ||
| Q1 24 | $-0.10 | $0.60 |
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 | $112.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $866.4M |
| 总资产 | $6.0B | $1.9B |
| 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NETSHOO
| Q4 25 | $943.5M | $112.4M | ||
| Q3 25 | $1.1B | $140.0K | ||
| Q2 25 | $1.5B | $111.9M | ||
| Q1 25 | $204.5M | $147.2M | ||
| Q4 24 | $147.7M | $203.4M | ||
| Q3 24 | $182.9M | $11.1M | ||
| Q2 24 | $157.0M | $192.2M | ||
| Q1 24 | $254.4M | $143.1M |
股东权益NETSHOO
| Q4 25 | $1.5B | $866.4M | ||
| Q3 25 | $1.3B | $850.8M | ||
| Q2 25 | $1.2B | $833.2M | ||
| Q1 25 | $1.4B | $875.3M | ||
| Q4 24 | $1.0B | $847.7M | ||
| Q3 24 | $973.1M | $833.9M | ||
| Q2 24 | $881.5M | $808.3M | ||
| Q1 24 | $797.2M | $825.2M |
总资产NETSHOO
| Q4 25 | $6.0B | $1.9B | ||
| Q3 25 | $5.8B | $2.0B | ||
| Q2 25 | $5.6B | $1.9B | ||
| Q1 25 | $3.7B | $1.4B | ||
| Q4 24 | $3.3B | $1.4B | ||
| Q3 24 | $3.1B | $1.5B | ||
| Q2 24 | $2.9B | $1.4B | ||
| Q1 24 | $2.8B | $1.3B |
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 | $91.1M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $80.8M |
| 自由现金流率自由现金流/营收 | 17.1% | 10.8% |
| 资本支出强度资本支出/营收 | 13.9% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 3.70× |
| 过去12个月自由现金流最近4个季度 | $287.5M | $119.5M |
8季度趋势，按日历期对齐
经营现金流NETSHOO
| Q4 25 | $190.4M | $91.1M | ||
| Q3 25 | $167.1M | $23.4M | ||
| Q2 25 | $99.8M | $66.5M | ||
| Q1 25 | $145.8M | $-18.8M | ||
| Q4 24 | $127.3M | $103.9M | ||
| Q3 24 | $104.7M | $444.0K | ||
| Q2 24 | $74.8M | $109.5M | ||
| Q1 24 | $73.6M | $-15.7M |
自由现金流NETSHOO
| Q4 25 | $105.2M | $80.8M | ||
| Q3 25 | $82.5M | $8.6M | ||
| Q2 25 | $39.9M | $58.8M | ||
| Q1 25 | $59.9M | $-28.7M | ||
| Q4 24 | $54.2M | $94.6M | ||
| Q3 24 | $54.5M | $-6.9M | ||
| Q2 24 | $45.2M | $104.2M | ||
| Q1 24 | $41.5M | $-19.7M |
自由现金流率NETSHOO
| Q4 25 | 17.1% | 10.8% | ||
| Q3 25 | 14.7% | 1.3% | ||
| Q2 25 | 7.8% | 10.6% | ||
| Q1 25 | 12.5% | -5.2% | ||
| Q4 24 | 11.8% | 16.3% | ||
| Q3 24 | 12.7% | -1.1% | ||
| Q2 24 | 11.3% | 20.0% | ||
| Q1 24 | 11.0% | -3.6% |
资本支出强度NETSHOO
| Q4 25 | 13.9% | 1.4% | ||
| Q3 25 | 15.1% | 2.2% | ||
| Q2 25 | 11.7% | 1.4% | ||
| Q1 25 | 17.9% | 1.8% | ||
| Q4 24 | 15.9% | 1.6% | ||
| Q3 24 | 11.7% | 1.2% | ||
| Q2 24 | 7.4% | 1.0% | ||
| Q1 24 | 8.5% | 0.7% |
现金转化率NETSHOO
| Q4 25 | — | 3.70× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.46× | ||
| Q4 24 | — | 2.75× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 2.96× | ||
| Q1 24 | — | -0.35× |
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% |
SHOO
暂无分部数据
