vs
Cloudflare, Inc.（NET）与铁姆肯公司（TKR）财务数据对比。点击上方公司名可切换其他公司
铁姆肯公司的季度营收约是Cloudflare, Inc.的1.8倍（$1.1B vs $614.5M），铁姆肯公司净利率更高（5.6% vs -2.0%，领先7.6%），Cloudflare, Inc.同比增速更快（33.6% vs 3.5%），铁姆肯公司自由现金流更多（$140.7M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -3.4%）
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。
铁姆肯公司是全球领先的工程轴承与工业运动产品制造商，总部位于美国俄亥俄州北坎顿市，业务覆盖全球45个国家，可为多个工业领域客户提供高品质的相关产品及适配解决方案。
NET vs TKR — 直观对比
营收规模更大
TKR
是对方的1.8倍
$614.5M
营收增速更快
NET
高出30.1%
3.5%
净利率更高
TKR
高出7.6%
-2.0%
自由现金流更多
TKR
多$35.5M
$105.2M
两年增速更快
NET
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $1.1B |
| 净利润 | $-12.1M | $62.3M |
| 毛利率 | 73.6% | 29.3% |
| 营业利润率 | -8.0% | 9.8% |
| 净利率 | -2.0% | 5.6% |
| 营收同比 | 33.6% | 3.5% |
| 净利润同比 | 6.0% | -12.5% |
| 每股收益（稀释后） | $-0.03 | $0.89 |
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NETTKR
| Q4 25 | $614.5M | $1.1B | ||
| Q3 25 | $562.0M | $1.2B | ||
| Q2 25 | $512.3M | $1.2B | ||
| Q1 25 | $479.1M | $1.1B | ||
| Q4 24 | $459.9M | $1.1B | ||
| Q3 24 | $430.1M | $1.1B | ||
| Q2 24 | $401.0M | $1.2B | ||
| Q1 24 | $378.6M | $1.2B |
净利润NETTKR
| Q4 25 | $-12.1M | $62.3M | ||
| Q3 25 | $-1.3M | $69.3M | ||
| Q2 25 | $-50.4M | $78.5M | ||
| Q1 25 | $-38.5M | $78.3M | ||
| Q4 24 | $-12.8M | $71.2M | ||
| Q3 24 | $-15.3M | $81.8M | ||
| Q2 24 | $-15.1M | $96.2M | ||
| Q1 24 | $-35.5M | $103.5M |
毛利率NETTKR
| Q4 25 | 73.6% | 29.3% | ||
| Q3 25 | 74.0% | 30.2% | ||
| Q2 25 | 74.9% | 30.7% | ||
| Q1 25 | 75.9% | 31.5% | ||
| Q4 24 | 76.4% | 30.3% | ||
| Q3 24 | 77.7% | 30.6% | ||
| Q2 24 | 77.8% | 31.6% | ||
| Q1 24 | 77.5% | 33.4% |
营业利润率NETTKR
| Q4 25 | -8.0% | 9.8% | ||
| Q3 25 | -6.7% | 12.0% | ||
| Q2 25 | -13.1% | 12.6% | ||
| Q1 25 | -11.1% | 12.6% | ||
| Q4 24 | -7.5% | 10.5% | ||
| Q3 24 | -7.2% | 13.0% | ||
| Q2 24 | -8.7% | 14.1% | ||
| Q1 24 | -14.4% | 15.5% |
净利率NETTKR
| Q4 25 | -2.0% | 5.6% | ||
| Q3 25 | -0.2% | 6.0% | ||
| Q2 25 | -9.8% | 6.7% | ||
| Q1 25 | -8.0% | 6.9% | ||
| Q4 24 | -2.8% | 6.6% | ||
| Q3 24 | -3.6% | 7.3% | ||
| Q2 24 | -3.8% | 8.1% | ||
| Q1 24 | -9.4% | 8.7% |
每股收益（稀释后）NETTKR
| Q4 25 | $-0.03 | $0.89 | ||
| Q3 25 | $0.00 | $0.99 | ||
| Q2 25 | $-0.15 | $1.12 | ||
| Q1 25 | $-0.11 | $1.11 | ||
| Q4 24 | $-0.05 | $1.01 | ||
| Q3 24 | $-0.04 | $1.16 | ||
| Q2 24 | $-0.04 | $1.36 | ||
| Q1 24 | $-0.10 | $1.46 |
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 | $364.4M |
| 总债务越低越好 | — | $1.9B |
| 股东权益账面价值 | $1.5B | $3.2B |
| 总资产 | $6.0B | $6.7B |
| 负债/权益比越低杠杆越低 | — | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资NETTKR
| Q4 25 | $943.5M | $364.4M | ||
| Q3 25 | $1.1B | $449.1M | ||
| Q2 25 | $1.5B | $419.3M | ||
| Q1 25 | $204.5M | $376.1M | ||
| Q4 24 | $147.7M | $373.2M | ||
| Q3 24 | $182.9M | $412.7M | ||
| Q2 24 | $157.0M | $469.9M | ||
| Q1 24 | $254.4M | $421.9M |
总债务NETTKR
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.2B |
股东权益NETTKR
| Q4 25 | $1.5B | $3.2B | ||
| Q3 25 | $1.3B | $3.1B | ||
| Q2 25 | $1.2B | $3.1B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.0B | $2.8B | ||
| Q3 24 | $973.1M | $2.9B | ||
| Q2 24 | $881.5M | $2.8B | ||
| Q1 24 | $797.2M | $2.6B |
总资产NETTKR
| Q4 25 | $6.0B | $6.7B | ||
| Q3 25 | $5.8B | $6.8B | ||
| Q2 25 | $5.6B | $6.8B | ||
| Q1 25 | $3.7B | $6.6B | ||
| Q4 24 | $3.3B | $6.4B | ||
| Q3 24 | $3.1B | $6.8B | ||
| Q2 24 | $2.9B | $6.6B | ||
| Q1 24 | $2.8B | $6.5B |
负债/权益比NETTKR
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.67× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.73× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.75× | ||
| Q2 24 | — | 0.77× | ||
| Q1 24 | — | 0.83× |
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 | $183.3M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $140.7M |
| 自由现金流率自由现金流/营收 | 17.1% | 12.7% |
| 资本支出强度资本支出/营收 | 13.9% | 3.8% |
| 现金转化率经营现金流/净利润 | — | 2.94× |
| 过去12个月自由现金流最近4个季度 | $287.5M | $406.1M |
8季度趋势，按日历期对齐
经营现金流NETTKR
| Q4 25 | $190.4M | $183.3M | ||
| Q3 25 | $167.1M | $201.1M | ||
| Q2 25 | $99.8M | $111.3M | ||
| Q1 25 | $145.8M | $58.6M | ||
| Q4 24 | $127.3M | $178.6M | ||
| Q3 24 | $104.7M | $123.2M | ||
| Q2 24 | $74.8M | $124.6M | ||
| Q1 24 | $73.6M | $49.3M |
自由现金流NETTKR
| Q4 25 | $105.2M | $140.7M | ||
| Q3 25 | $82.5M | $163.8M | ||
| Q2 25 | $39.9M | $78.2M | ||
| Q1 25 | $59.9M | $23.4M | ||
| Q4 24 | $54.2M | $125.0M | ||
| Q3 24 | $54.5M | $88.2M | ||
| Q2 24 | $45.2M | $87.3M | ||
| Q1 24 | $41.5M | $5.2M |
自由现金流率NETTKR
| Q4 25 | 17.1% | 12.7% | ||
| Q3 25 | 14.7% | 14.2% | ||
| Q2 25 | 7.8% | 6.7% | ||
| Q1 25 | 12.5% | 2.1% | ||
| Q4 24 | 11.8% | 11.6% | ||
| Q3 24 | 12.7% | 7.8% | ||
| Q2 24 | 11.3% | 7.4% | ||
| Q1 24 | 11.0% | 0.4% |
资本支出强度NETTKR
| Q4 25 | 13.9% | 3.8% | ||
| Q3 25 | 15.1% | 3.2% | ||
| Q2 25 | 11.7% | 2.8% | ||
| Q1 25 | 17.9% | 3.1% | ||
| Q4 24 | 15.9% | 5.0% | ||
| Q3 24 | 11.7% | 3.1% | ||
| Q2 24 | 7.4% | 3.2% | ||
| Q1 24 | 8.5% | 3.7% |
现金转化率NETTKR
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.90× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 2.51× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | — | 1.30× | ||
| Q1 24 | — | 0.48× |
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% |
TKR
| Industrial Motion | $574.1M | 52% |
| Other | $536.9M | 48% |
