vs
Cloudflare, Inc.（NET）与WEBSTER FINANCIAL CORP（WBS）财务数据对比。点击上方公司名可切换其他公司
WEBSTER FINANCIAL CORP的季度营收约是Cloudflare, Inc.的1.2倍（$735.9M vs $614.5M），WEBSTER FINANCIAL CORP净利率更高（33.5% vs -2.0%，领先35.4%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 9.4%）
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。
韦伯斯特银行是总部位于美国康涅狄格州斯坦福德的商业银行，业务覆盖康涅狄格州、马萨诸塞州、罗德岛州、新泽西州，以及纽约州的威彻斯特、奥兰治、阿尔斯特、罗克兰县和纽约市，共设有177家营业网点和316台自动柜员机。
NET vs WBS — 直观对比
营收规模更大
WBS
是对方的1.2倍
$614.5M
净利率更高
WBS
高出35.4%
-2.0%
两年增速更快
NET
近两年复合增速
9.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $735.9M |
| 净利润 | $-12.1M | $246.2M |
| 毛利率 | 73.6% | — |
| 营业利润率 | -8.0% | — |
| 净利率 | -2.0% | 33.5% |
| 营收同比 | 33.6% | — |
| 净利润同比 | 6.0% | 8.5% |
| 每股收益（稀释后） | $-0.03 | $1.50 |
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NETWBS
| Q1 26 | — | $735.9M | ||
| Q4 25 | $614.5M | $746.2M | ||
| Q3 25 | $562.0M | $732.6M | ||
| Q2 25 | $512.3M | $715.8M | ||
| Q1 25 | $479.1M | $704.8M | ||
| Q4 24 | $459.9M | $661.0M | ||
| Q3 24 | $430.1M | $647.6M | ||
| Q2 24 | $401.0M | $614.6M |
净利润NETWBS
| Q1 26 | — | $246.2M | ||
| Q4 25 | $-12.1M | $255.8M | ||
| Q3 25 | $-1.3M | $261.2M | ||
| Q2 25 | $-50.4M | $258.8M | ||
| Q1 25 | $-38.5M | $226.9M | ||
| Q4 24 | $-12.8M | $177.8M | ||
| Q3 24 | $-15.3M | $193.0M | ||
| Q2 24 | $-15.1M | $181.6M |
毛利率NETWBS
| 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NETWBS
| Q1 26 | — | — | ||
| Q4 25 | -8.0% | 48.6% | ||
| Q3 25 | -6.7% | 51.3% | ||
| Q2 25 | -13.1% | 51.7% | ||
| Q1 25 | -11.1% | 51.2% | ||
| Q4 24 | -7.5% | 48.5% | ||
| Q3 24 | -7.2% | 46.1% | ||
| Q2 24 | -8.7% | 47.0% |
净利率NETWBS
| Q1 26 | — | 33.5% | ||
| Q4 25 | -2.0% | 34.3% | ||
| Q3 25 | -0.2% | 35.7% | ||
| Q2 25 | -9.8% | 36.2% | ||
| Q1 25 | -8.0% | 32.2% | ||
| Q4 24 | -2.8% | 26.9% | ||
| Q3 24 | -3.6% | 29.8% | ||
| Q2 24 | -3.8% | 29.6% |
每股收益（稀释后）NETWBS
| Q1 26 | — | $1.50 | ||
| Q4 25 | $-0.03 | $1.54 | ||
| Q3 25 | $0.00 | $1.54 | ||
| Q2 25 | $-0.15 | $1.52 | ||
| Q1 25 | $-0.11 | $1.30 | ||
| Q4 24 | $-0.05 | $1.01 | ||
| Q3 24 | $-0.04 | $1.10 | ||
| Q2 24 | $-0.04 | $1.03 |
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 | — |
| 总债务越低越好 | — | $738.3M |
| 股东权益账面价值 | $1.5B | $9.6B |
| 总资产 | $6.0B | $85.6B |
| 负债/权益比越低杠杆越低 | — | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资NETWBS
| Q1 26 | — | — | ||
| Q4 25 | $943.5M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $204.5M | — | ||
| Q4 24 | $147.7M | — | ||
| Q3 24 | $182.9M | — | ||
| Q2 24 | $157.0M | — |
总债务NETWBS
| Q1 26 | — | $738.3M | ||
| Q4 25 | — | $739.5M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $905.6M | ||
| Q1 25 | — | $907.4M | ||
| Q4 24 | — | $909.2M | ||
| Q3 24 | — | $911.0M | ||
| Q2 24 | — | $912.7M |
股东权益NETWBS
| Q1 26 | — | $9.6B | ||
| Q4 25 | $1.5B | $9.5B | ||
| Q3 25 | $1.3B | $9.5B | ||
| Q2 25 | $1.2B | $9.3B | ||
| Q1 25 | $1.4B | $9.2B | ||
| Q4 24 | $1.0B | $9.1B | ||
| Q3 24 | $973.1M | $9.2B | ||
| Q2 24 | $881.5M | $8.8B |
总资产NETWBS
| Q1 26 | — | $85.6B | ||
| Q4 25 | $6.0B | $84.1B | ||
| Q3 25 | $5.8B | $83.2B | ||
| Q2 25 | $5.6B | $81.9B | ||
| Q1 25 | $3.7B | $80.3B | ||
| Q4 24 | $3.3B | $79.0B | ||
| Q3 24 | $3.1B | $79.5B | ||
| Q2 24 | $2.9B | $76.8B |
负债/权益比NETWBS
| Q1 26 | — | 0.08× | ||
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.10× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | 0.10× |
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NETWBS
| Q1 26 | — | — | ||
| Q4 25 | $190.4M | $1.1B | ||
| Q3 25 | $167.1M | $374.7M | ||
| Q2 25 | $99.8M | $270.9M | ||
| Q1 25 | $145.8M | $94.9M | ||
| Q4 24 | $127.3M | $1.4B | ||
| Q3 24 | $104.7M | $45.3M | ||
| Q2 24 | $74.8M | $224.0M |
自由现金流NETWBS
| Q1 26 | — | — | ||
| Q4 25 | $105.2M | $1.0B | ||
| Q3 25 | $82.5M | $362.5M | ||
| Q2 25 | $39.9M | $257.7M | ||
| Q1 25 | $59.9M | $86.6M | ||
| Q4 24 | $54.2M | $1.4B | ||
| Q3 24 | $54.5M | $35.3M | ||
| Q2 24 | $45.2M | $215.6M |
自由现金流率NETWBS
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 135.2% | ||
| Q3 25 | 14.7% | 49.5% | ||
| Q2 25 | 7.8% | 36.0% | ||
| Q1 25 | 12.5% | 12.3% | ||
| Q4 24 | 11.8% | 207.0% | ||
| Q3 24 | 12.7% | 5.4% | ||
| Q2 24 | 11.3% | 35.1% |
资本支出强度NETWBS
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 6.6% | ||
| Q3 25 | 15.1% | 1.7% | ||
| Q2 25 | 11.7% | 1.8% | ||
| Q1 25 | 17.9% | 1.2% | ||
| Q4 24 | 15.9% | 5.4% | ||
| Q3 24 | 11.7% | 1.5% | ||
| Q2 24 | 7.4% | 1.4% |
现金转化率NETWBS
| Q1 26 | — | — | ||
| Q4 25 | — | 4.14× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 7.90× | ||
| Q3 24 | — | 0.23× | ||
| Q2 24 | — | 1.23× |
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% |
WBS
| Net Interest Income | $634.4M | 86% |
| Noninterest Income | $101.5M | 14% |
