vs
Cloudflare, Inc.（NET）与UPBOUND GROUP, INC.（UPBD）财务数据对比。点击上方公司名可切换其他公司
UPBOUND GROUP, INC.的季度营收约是Cloudflare, Inc.的1.9倍（$1.2B vs $614.5M），UPBOUND GROUP, INC.净利率更高（1.7% vs -2.0%，领先3.6%），Cloudflare, Inc.同比增速更快（33.6% vs 10.9%），Cloudflare, Inc.自由现金流更多（$105.2M vs $24.0M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 4.5%）
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。
Upbound Group, Inc.是美国领先的灵活租购解决方案提供商，主营家具、消费电子、家用电器、家居配饰等商品的租售业务，为无法便捷获得传统信贷服务的消费者提供可负担的支付选择。
NET vs UPBD — 直观对比
营收规模更大
UPBD
是对方的1.9倍
$614.5M
营收增速更快
NET
高出22.7%
10.9%
净利率更高
UPBD
高出3.6%
-2.0%
自由现金流更多
NET
多$81.2M
$24.0M
两年增速更快
NET
近两年复合增速
4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $1.2B |
| 净利润 | $-12.1M | $19.7M |
| 毛利率 | 73.6% | 49.0% |
| 营业利润率 | -8.0% | 4.8% |
| 净利率 | -2.0% | 1.7% |
| 营收同比 | 33.6% | 10.9% |
| 净利润同比 | 6.0% | -36.3% |
| 每股收益（稀释后） | $-0.03 | $0.35 |
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NETUPBD
| Q4 25 | $614.5M | $1.2B | ||
| Q3 25 | $562.0M | $1.2B | ||
| Q2 25 | $512.3M | $1.2B | ||
| Q1 25 | $479.1M | $1.2B | ||
| Q4 24 | $459.9M | $1.1B | ||
| Q3 24 | $430.1M | $1.1B | ||
| Q2 24 | $401.0M | $1.1B | ||
| Q1 24 | $378.6M | $1.1B |
净利润NETUPBD
| Q4 25 | $-12.1M | $19.7M | ||
| Q3 25 | $-1.3M | $13.2M | ||
| Q2 25 | $-50.4M | $15.5M | ||
| Q1 25 | $-38.5M | $24.8M | ||
| Q4 24 | $-12.8M | $31.0M | ||
| Q3 24 | $-15.3M | $30.9M | ||
| Q2 24 | $-15.1M | $33.9M | ||
| Q1 24 | $-35.5M | $27.7M |
毛利率NETUPBD
| Q4 25 | 73.6% | 49.0% | ||
| Q3 25 | 74.0% | 48.3% | ||
| Q2 25 | 74.9% | 49.4% | ||
| Q1 25 | 75.9% | 46.8% | ||
| Q4 24 | 76.4% | 47.1% | ||
| Q3 24 | 77.7% | 47.8% | ||
| Q2 24 | 77.8% | 49.4% | ||
| Q1 24 | 77.5% | 48.3% |
营业利润率NETUPBD
| Q4 25 | -8.0% | 4.8% | ||
| Q3 25 | -6.7% | 4.5% | ||
| Q2 25 | -13.1% | 4.4% | ||
| Q1 25 | -11.1% | 5.3% | ||
| Q4 24 | -7.5% | 7.3% | ||
| Q3 24 | -7.2% | 6.6% | ||
| Q2 24 | -8.7% | 7.5% | ||
| Q1 24 | -14.4% | 5.6% |
净利率NETUPBD
| Q4 25 | -2.0% | 1.7% | ||
| Q3 25 | -0.2% | 1.1% | ||
| Q2 25 | -9.8% | 1.3% | ||
| Q1 25 | -8.0% | 2.1% | ||
| Q4 24 | -2.8% | 2.9% | ||
| Q3 24 | -3.6% | 2.9% | ||
| Q2 24 | -3.8% | 3.2% | ||
| Q1 24 | -9.4% | 2.5% |
每股收益（稀释后）NETUPBD
| Q4 25 | $-0.03 | $0.35 | ||
| Q3 25 | $0.00 | $0.22 | ||
| Q2 25 | $-0.15 | $0.26 | ||
| Q1 25 | $-0.11 | $0.42 | ||
| Q4 24 | $-0.05 | $0.55 | ||
| Q3 24 | $-0.04 | $0.55 | ||
| Q2 24 | $-0.04 | $0.61 | ||
| Q1 24 | $-0.10 | $0.50 |
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 | $120.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $695.7M |
| 总资产 | $6.0B | $3.3B |
| 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NETUPBD
| Q4 25 | $943.5M | $120.5M | ||
| Q3 25 | $1.1B | $107.0M | ||
| Q2 25 | $1.5B | $106.8M | ||
| Q1 25 | $204.5M | $107.3M | ||
| Q4 24 | $147.7M | $60.9M | ||
| Q3 24 | $182.9M | $85.1M | ||
| Q2 24 | $157.0M | $82.5M | ||
| Q1 24 | $254.4M | $84.8M |
股东权益NETUPBD
| Q4 25 | $1.5B | $695.7M | ||
| Q3 25 | $1.3B | $687.3M | ||
| Q2 25 | $1.2B | $685.5M | ||
| Q1 25 | $1.4B | $679.2M | ||
| Q4 24 | $1.0B | $629.0M | ||
| Q3 24 | $973.1M | $611.8M | ||
| Q2 24 | $881.5M | $596.3M | ||
| Q1 24 | $797.2M | $578.3M |
总资产NETUPBD
| Q4 25 | $6.0B | $3.3B | ||
| Q3 25 | $5.8B | $3.2B | ||
| Q2 25 | $5.6B | $3.1B | ||
| Q1 25 | $3.7B | $3.0B | ||
| Q4 24 | $3.3B | $2.6B | ||
| Q3 24 | $3.1B | $2.6B | ||
| Q2 24 | $2.9B | $2.6B | ||
| Q1 24 | $2.8B | $2.6B |
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 | $41.6M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $24.0M |
| 自由现金流率自由现金流/营收 | 17.1% | 2.0% |
| 资本支出强度资本支出/营收 | 13.9% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 2.11× |
| 过去12个月自由现金流最近4个季度 | $287.5M | $238.7M |
8季度趋势，按日历期对齐
经营现金流NETUPBD
| Q4 25 | $190.4M | $41.6M | ||
| Q3 25 | $167.1M | $118.4M | ||
| Q2 25 | $99.8M | $7.8M | ||
| Q1 25 | $145.8M | $137.7M | ||
| Q4 24 | $127.3M | $-61.9M | ||
| Q3 24 | $104.7M | $106.2M | ||
| Q2 24 | $74.8M | $15.0M | ||
| Q1 24 | $73.6M | $45.4M |
自由现金流NETUPBD
| Q4 25 | $105.2M | $24.0M | ||
| Q3 25 | $82.5M | $97.9M | ||
| Q2 25 | $39.9M | $-10.4M | ||
| Q1 25 | $59.9M | $127.2M | ||
| Q4 24 | $54.2M | $-74.0M | ||
| Q3 24 | $54.5M | $88.3M | ||
| Q2 24 | $45.2M | $613.0K | ||
| Q1 24 | $41.5M | $33.6M |
自由现金流率NETUPBD
| Q4 25 | 17.1% | 2.0% | ||
| Q3 25 | 14.7% | 8.4% | ||
| Q2 25 | 7.8% | -0.9% | ||
| Q1 25 | 12.5% | 10.8% | ||
| Q4 24 | 11.8% | -6.9% | ||
| Q3 24 | 12.7% | 8.3% | ||
| Q2 24 | 11.3% | 0.1% | ||
| Q1 24 | 11.0% | 3.1% |
资本支出强度NETUPBD
| Q4 25 | 13.9% | 1.5% | ||
| Q3 25 | 15.1% | 1.8% | ||
| Q2 25 | 11.7% | 1.6% | ||
| Q1 25 | 17.9% | 0.9% | ||
| Q4 24 | 15.9% | 1.1% | ||
| Q3 24 | 11.7% | 1.7% | ||
| Q2 24 | 7.4% | 1.3% | ||
| Q1 24 | 8.5% | 1.1% |
现金转化率NETUPBD
| Q4 25 | — | 2.11× | ||
| Q3 25 | — | 8.96× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 5.56× | ||
| Q4 24 | — | -2.00× | ||
| Q3 24 | — | 3.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 1.64× |
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% |
UPBD
暂无分部数据
