vs
Cloudflare, Inc.（NET）与Verisk Analytics（VRSK）财务数据对比。点击上方公司名可切换其他公司
Verisk Analytics的季度营收约是Cloudflare, Inc.的1.3倍（$778.8M vs $614.5M），Verisk Analytics净利率更高（25.3% vs -2.0%，领先27.3%），Cloudflare, Inc.同比增速更快（33.6% vs 5.9%），Verisk Analytics自由现金流更多（$276.1M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 5.2%）
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。
Verisk Analytics是总部位于美国新泽西州泽西市的跨国数据分析与风险评估企业，服务覆盖保险、政府、风险管理等领域，依托自有数据集与行业专业经验，为客户提供反欺诈、精算、保险承保、消防、巨灾与天气风险、数据管理等方向的预测分析及决策支持咨询服务。
NET vs VRSK — 直观对比
营收规模更大
VRSK
是对方的1.3倍
$614.5M
营收增速更快
NET
高出27.7%
5.9%
净利率更高
VRSK
高出27.3%
-2.0%
自由现金流更多
VRSK
多$170.9M
$105.2M
两年增速更快
NET
近两年复合增速
5.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $778.8M |
| 净利润 | $-12.1M | $197.2M |
| 毛利率 | 73.6% | 69.7% |
| 营业利润率 | -8.0% | 40.3% |
| 净利率 | -2.0% | 25.3% |
| 营收同比 | 33.6% | 5.9% |
| 净利润同比 | 6.0% | -6.3% |
| 每股收益（稀释后） | $-0.03 | $1.41 |
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NETVRSK
| Q4 25 | $614.5M | $778.8M | ||
| Q3 25 | $562.0M | $768.3M | ||
| Q2 25 | $512.3M | $772.6M | ||
| Q1 25 | $479.1M | $753.0M | ||
| Q4 24 | $459.9M | $735.6M | ||
| Q3 24 | $430.1M | $725.3M | ||
| Q2 24 | $401.0M | $716.8M | ||
| Q1 24 | $378.6M | $704.0M |
净利润NETVRSK
| Q4 25 | $-12.1M | $197.2M | ||
| Q3 25 | $-1.3M | $225.5M | ||
| Q2 25 | $-50.4M | $253.3M | ||
| Q1 25 | $-38.5M | $232.3M | ||
| Q4 24 | $-12.8M | $210.4M | ||
| Q3 24 | $-15.3M | $220.1M | ||
| Q2 24 | $-15.1M | $308.1M | ||
| Q1 24 | $-35.5M | $219.6M |
毛利率NETVRSK
| Q4 25 | 73.6% | 69.7% | ||
| Q3 25 | 74.0% | 70.1% | ||
| Q2 25 | 74.9% | 70.3% | ||
| Q1 25 | 75.9% | 69.3% | ||
| Q4 24 | 76.4% | 68.7% | ||
| Q3 24 | 77.7% | 69.2% | ||
| Q2 24 | 77.8% | 69.4% | ||
| Q1 24 | 77.5% | 67.6% |
营业利润率NETVRSK
| Q4 25 | -8.0% | 40.3% | ||
| Q3 25 | -6.7% | 45.0% | ||
| Q2 25 | -13.1% | 45.9% | ||
| Q1 25 | -11.1% | 43.8% | ||
| Q4 24 | -7.5% | 43.0% | ||
| Q3 24 | -7.2% | 42.9% | ||
| Q2 24 | -8.7% | 44.5% | ||
| Q1 24 | -14.4% | 43.7% |
净利率NETVRSK
| Q4 25 | -2.0% | 25.3% | ||
| Q3 25 | -0.2% | 29.4% | ||
| Q2 25 | -9.8% | 32.8% | ||
| Q1 25 | -8.0% | 30.8% | ||
| Q4 24 | -2.8% | 28.6% | ||
| Q3 24 | -3.6% | 30.3% | ||
| Q2 24 | -3.8% | 43.0% | ||
| Q1 24 | -9.4% | 31.2% |
每股收益（稀释后）NETVRSK
| Q4 25 | $-0.03 | $1.41 | ||
| Q3 25 | $0.00 | $1.61 | ||
| Q2 25 | $-0.15 | $1.81 | ||
| Q1 25 | $-0.11 | $1.65 | ||
| Q4 24 | $-0.05 | $1.50 | ||
| Q3 24 | $-0.04 | $1.54 | ||
| Q2 24 | $-0.04 | $2.15 | ||
| Q1 24 | $-0.10 | $1.52 |
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 | $2.2B |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | $1.5B | $309.0M |
| 总资产 | $6.0B | $6.2B |
| 负债/权益比越低杠杆越低 | — | 10.45× |
8季度趋势，按日历期对齐
现金及短期投资NETVRSK
| Q4 25 | $943.5M | $2.2B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.5B | $628.7M | ||
| Q1 25 | $204.5M | $1.1B | ||
| Q4 24 | $147.7M | $291.2M | ||
| Q3 24 | $182.9M | $458.0M | ||
| Q2 24 | $157.0M | $632.1M | ||
| Q1 24 | $254.4M | $352.4M |
总债务NETVRSK
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.9B |
股东权益NETVRSK
| Q4 25 | $1.5B | $309.0M | ||
| Q3 25 | $1.3B | $376.7M | ||
| Q2 25 | $1.2B | $311.7M | ||
| Q1 25 | $1.4B | $123.0M | ||
| Q4 24 | $1.0B | $100.1M | ||
| Q3 24 | $973.1M | $299.6M | ||
| Q2 24 | $881.5M | $430.3M | ||
| Q1 24 | $797.2M | $282.2M |
总资产NETVRSK
| Q4 25 | $6.0B | $6.2B | ||
| Q3 25 | $5.8B | $6.2B | ||
| Q2 25 | $5.6B | $4.8B | ||
| Q1 25 | $3.7B | $5.1B | ||
| Q4 24 | $3.3B | $4.3B | ||
| Q3 24 | $3.1B | $4.6B | ||
| Q2 24 | $2.9B | $4.8B | ||
| Q1 24 | $2.8B | $4.5B |
负债/权益比NETVRSK
| Q4 25 | — | 10.45× | ||
| Q3 25 | — | 8.57× | ||
| Q2 25 | — | 10.37× | ||
| Q1 25 | — | 26.30× | ||
| Q4 24 | — | 25.44× | ||
| Q3 24 | — | 8.50× | ||
| Q2 24 | — | 5.93× | ||
| Q1 24 | — | 10.14× |
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 | $343.3M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $276.1M |
| 自由现金流率自由现金流/营收 | 17.1% | 35.5% |
| 资本支出强度资本支出/营收 | 13.9% | 8.6% |
| 现金转化率经营现金流/净利润 | — | 1.74× |
| 过去12个月自由现金流最近4个季度 | $287.5M | $1.2B |
8季度趋势，按日历期对齐
经营现金流NETVRSK
| Q4 25 | $190.4M | $343.3M | ||
| Q3 25 | $167.1M | $403.5M | ||
| Q2 25 | $99.8M | $244.5M | ||
| Q1 25 | $145.8M | $444.7M | ||
| Q4 24 | $127.3M | $263.9M | ||
| Q3 24 | $104.7M | $296.2M | ||
| Q2 24 | $74.8M | $211.7M | ||
| Q1 24 | $73.6M | $372.2M |
自由现金流NETVRSK
| Q4 25 | $105.2M | $276.1M | ||
| Q3 25 | $82.5M | $336.1M | ||
| Q2 25 | $39.9M | $188.7M | ||
| Q1 25 | $59.9M | $391.0M | ||
| Q4 24 | $54.2M | $208.5M | ||
| Q3 24 | $54.5M | $240.7M | ||
| Q2 24 | $45.2M | $153.9M | ||
| Q1 24 | $41.5M | $317.0M |
自由现金流率NETVRSK
| Q4 25 | 17.1% | 35.5% | ||
| Q3 25 | 14.7% | 43.7% | ||
| Q2 25 | 7.8% | 24.4% | ||
| Q1 25 | 12.5% | 51.9% | ||
| Q4 24 | 11.8% | 28.3% | ||
| Q3 24 | 12.7% | 33.2% | ||
| Q2 24 | 11.3% | 21.5% | ||
| Q1 24 | 11.0% | 45.0% |
资本支出强度NETVRSK
| Q4 25 | 13.9% | 8.6% | ||
| Q3 25 | 15.1% | 8.8% | ||
| Q2 25 | 11.7% | 7.2% | ||
| Q1 25 | 17.9% | 7.1% | ||
| Q4 24 | 15.9% | 7.5% | ||
| Q3 24 | 11.7% | 7.7% | ||
| Q2 24 | 7.4% | 8.1% | ||
| Q1 24 | 8.5% | 7.8% |
现金转化率NETVRSK
| Q4 25 | — | 1.74× | ||
| Q3 25 | — | 1.79× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.35× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 1.69× |
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% |
VRSK
暂无分部数据
