vs
Cloudflare, Inc.（NET）与纽约人寿（UVE）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是纽约人寿的1.6倍（$614.5M vs $393.6M），纽约人寿净利率更高（13.8% vs -2.0%，领先15.8%），Cloudflare, Inc.同比增速更快（33.6% vs -0.3%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 1.7%）
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。
纽约人寿（全称纽约人寿保险公司）是美国第二大人寿保险公司，也是美国规模最大的相互制人寿保险公司，在2025年《财富》美国500强总营收榜单中位列第69位。2025年，纽约人寿获得了四家独立评级机构给出的最高评级，旗下关联机构还提供各类证券产品与服务及其他相关业务。
NET vs UVE — 直观对比
营收规模更大
NET
是对方的1.6倍
$393.6M
营收增速更快
NET
高出33.9%
-0.3%
净利率更高
UVE
高出15.8%
-2.0%
两年增速更快
NET
近两年复合增速
1.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $393.6M |
| 净利润 | $-12.1M | $54.3M |
| 毛利率 | 73.6% | — |
| 营业利润率 | -8.0% | — |
| 净利率 | -2.0% | 13.8% |
| 营收同比 | 33.6% | -0.3% |
| 净利润同比 | 6.0% | 31.0% |
| 每股收益（稀释后） | $-0.03 | $1.88 |
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NETUVE
| Q1 26 | — | $393.6M | ||
| Q4 25 | $614.5M | $407.9M | ||
| Q3 25 | $562.0M | $401.0M | ||
| Q2 25 | $512.3M | $400.1M | ||
| Q1 25 | $479.1M | $394.9M | ||
| Q4 24 | $459.9M | $384.8M | ||
| Q3 24 | $430.1M | $387.6M | ||
| Q2 24 | $401.0M | $380.2M |
净利润NETUVE
| Q1 26 | — | $54.3M | ||
| Q4 25 | $-12.1M | $66.6M | ||
| Q3 25 | $-1.3M | $39.8M | ||
| Q2 25 | $-50.4M | $35.1M | ||
| Q1 25 | $-38.5M | $41.4M | ||
| Q4 24 | $-12.8M | $6.0M | ||
| Q3 24 | $-15.3M | $-16.2M | ||
| Q2 24 | $-15.1M | $35.4M |
毛利率NETUVE
| Q1 26 | — | — | ||
| Q4 25 | 73.6% | — | ||
| Q3 25 | 74.0% | — | ||
| Q2 25 | 74.9% | — | ||
| Q1 25 | 75.9% | — | ||
| Q4 24 | 76.4% | — | ||
| Q3 24 | 77.7% | — | ||
| Q2 24 | 77.8% | — |
营业利润率NETUVE
| Q1 26 | — | — | ||
| Q4 25 | -8.0% | 21.7% | ||
| Q3 25 | -6.7% | 13.2% | ||
| Q2 25 | -13.1% | 11.6% | ||
| Q1 25 | -11.1% | 14.0% | ||
| Q4 24 | -7.5% | 1.9% | ||
| Q3 24 | -7.2% | -4.7% | ||
| Q2 24 | -8.7% | 12.6% |
净利率NETUVE
| Q1 26 | — | 13.8% | ||
| Q4 25 | -2.0% | 16.3% | ||
| Q3 25 | -0.2% | 9.9% | ||
| Q2 25 | -9.8% | 8.8% | ||
| Q1 25 | -8.0% | 10.5% | ||
| Q4 24 | -2.8% | 1.6% | ||
| Q3 24 | -3.6% | -4.2% | ||
| Q2 24 | -3.8% | 9.3% |
每股收益（稀释后）NETUVE
| Q1 26 | — | $1.88 | ||
| Q4 25 | $-0.03 | $2.29 | ||
| Q3 25 | $0.00 | $1.38 | ||
| Q2 25 | $-0.15 | $1.21 | ||
| Q1 25 | $-0.11 | $1.44 | ||
| Q4 24 | $-0.05 | $0.23 | ||
| Q3 24 | $-0.04 | $-0.57 | ||
| Q2 24 | $-0.04 | $1.21 |
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 | $595.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $584.7M |
| 总资产 | $6.0B | $2.8B |
| 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NETUVE
| Q1 26 | — | $595.8M | ||
| Q4 25 | $943.5M | $408.9M | ||
| Q3 25 | $1.1B | $405.1M | ||
| Q2 25 | $1.5B | $367.1M | ||
| Q1 25 | $204.5M | $398.2M | ||
| Q4 24 | $147.7M | $259.4M | ||
| Q3 24 | $182.9M | $333.7M | ||
| Q2 24 | $157.0M | $283.3M |
总债务NETUVE
| Q1 26 | — | — | ||
| Q4 25 | — | $100.5M | ||
| Q3 25 | — | $100.7M | ||
| Q2 25 | — | $100.9M | ||
| Q1 25 | — | $101.1M | ||
| Q4 24 | — | $101.2M | ||
| Q3 24 | — | $101.4M | ||
| Q2 24 | — | $101.6M |
股东权益NETUVE
| Q1 26 | — | $584.7M | ||
| Q4 25 | $1.5B | $551.0M | ||
| Q3 25 | $1.3B | $495.0M | ||
| Q2 25 | $1.2B | $457.8M | ||
| Q1 25 | $1.4B | $422.4M | ||
| Q4 24 | $1.0B | $373.3M | ||
| Q3 24 | $973.1M | $400.2M | ||
| Q2 24 | $881.5M | $393.2M |
总资产NETUVE
| Q1 26 | — | $2.8B | ||
| Q4 25 | $6.0B | $2.8B | ||
| Q3 25 | $5.8B | $3.1B | ||
| Q2 25 | $5.6B | $3.3B | ||
| Q1 25 | $3.7B | $2.7B | ||
| Q4 24 | $3.3B | $2.8B | ||
| Q3 24 | $3.1B | $2.7B | ||
| Q2 24 | $2.9B | $2.7B |
负债/权益比NETUVE
| Q1 26 | — | — | ||
| Q4 25 | — | 0.18× | ||
| Q3 25 | — | 0.20× | ||
| Q2 25 | — | 0.22× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 0.25× | ||
| Q2 24 | — | 0.26× |
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NETUVE
| Q1 26 | — | — | ||
| Q4 25 | $190.4M | $381.5M | ||
| Q3 25 | $167.1M | $62.4M | ||
| Q2 25 | $99.8M | $106.2M | ||
| Q1 25 | $145.8M | $186.8M | ||
| Q4 24 | $127.3M | $137.4M | ||
| Q3 24 | $104.7M | $82.6M | ||
| Q2 24 | $74.8M | $73.2M |
自由现金流NETUVE
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $377.1M | ||
| Q3 25 | $82.5M | $61.3M | ||
| Q2 25 | $39.9M | $105.2M | ||
| Q1 25 | $59.9M | $185.5M | ||
| Q4 24 | $54.2M | $130.0M | ||
| Q3 24 | $54.5M | $81.0M | ||
| Q2 24 | $45.2M | $71.6M |
自由现金流率NETUVE
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 92.4% | ||
| Q3 25 | 14.7% | 15.3% | ||
| Q2 25 | 7.8% | 26.3% | ||
| Q1 25 | 12.5% | 47.0% | ||
| Q4 24 | 11.8% | 33.8% | ||
| Q3 24 | 12.7% | 20.9% | ||
| Q2 24 | 11.3% | 18.8% |
资本支出强度NETUVE
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 1.1% | ||
| Q3 25 | 15.1% | 0.3% | ||
| Q2 25 | 11.7% | 0.2% | ||
| Q1 25 | 17.9% | 0.3% | ||
| Q4 24 | 15.9% | 1.9% | ||
| Q3 24 | 11.7% | 0.4% | ||
| Q2 24 | 7.4% | 0.4% |
现金转化率NETUVE
| Q1 26 | — | — | ||
| Q4 25 | — | 5.73× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 3.03× | ||
| Q1 25 | — | 4.51× | ||
| Q4 24 | — | 22.82× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.07× |
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% |
UVE
暂无分部数据
