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Cloudflare, Inc.（NET）与Zurn Elkay Water Solutions Corp（ZWS）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Zurn Elkay Water Solutions Corp的1.5倍（$614.5M vs $407.2M），Zurn Elkay Water Solutions Corp净利率更高（10.3% vs -2.0%，领先12.3%），Cloudflare, Inc.同比增速更快（33.6% vs 9.8%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 4.4%）
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。
Zurn Elkay Water Solutions是一家专业水资源管理解决方案提供商，主要生产销售商用给排水设备、饮用水系统、过滤产品及流量控制组件，服务北美及全球的商用、住宅、工业和公共基建领域，主打高效节水的可持续产品。
NET vs ZWS — 直观对比
营收规模更大
NET
是对方的1.5倍
$407.2M
营收增速更快
NET
高出23.8%
9.8%
净利率更高
ZWS
高出12.3%
-2.0%
两年增速更快
NET
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $407.2M |
| 净利润 | $-12.1M | $42.1M |
| 毛利率 | 73.6% | 44.4% |
| 营业利润率 | -8.0% | 14.8% |
| 净利率 | -2.0% | 10.3% |
| 营收同比 | 33.6% | 9.8% |
| 净利润同比 | 6.0% | 15.7% |
| 每股收益（稀释后） | $-0.03 | $0.24 |
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NETZWS
| Q4 25 | $614.5M | $407.2M | ||
| Q3 25 | $562.0M | $455.4M | ||
| Q2 25 | $512.3M | $444.5M | ||
| Q1 25 | $479.1M | $388.8M | ||
| Q4 24 | $459.9M | $370.7M | ||
| Q3 24 | $430.1M | $410.0M | ||
| Q2 24 | $401.0M | $412.0M | ||
| Q1 24 | $378.6M | $373.8M |
净利润NETZWS
| Q4 25 | $-12.1M | $42.1M | ||
| Q3 25 | $-1.3M | $61.8M | ||
| Q2 25 | $-50.4M | $50.5M | ||
| Q1 25 | $-38.5M | $43.6M | ||
| Q4 24 | $-12.8M | $36.4M | ||
| Q3 24 | $-15.3M | $43.5M | ||
| Q2 24 | $-15.1M | $46.0M | ||
| Q1 24 | $-35.5M | $34.3M |
毛利率NETZWS
| Q4 25 | 73.6% | 44.4% | ||
| Q3 25 | 74.0% | 44.1% | ||
| Q2 25 | 74.9% | 45.5% | ||
| Q1 25 | 75.9% | 46.6% | ||
| Q4 24 | 76.4% | 43.5% | ||
| Q3 24 | 77.7% | 46.2% | ||
| Q2 24 | 77.8% | 45.2% | ||
| Q1 24 | 77.5% | 45.5% |
营业利润率NETZWS
| Q4 25 | -8.0% | 14.8% | ||
| Q3 25 | -6.7% | 17.0% | ||
| Q2 25 | -13.1% | 17.5% | ||
| Q1 25 | -11.1% | 16.3% | ||
| Q4 24 | -7.5% | 13.3% | ||
| Q3 24 | -7.2% | 17.1% | ||
| Q2 24 | -8.7% | 17.5% | ||
| Q1 24 | -14.4% | 14.2% |
净利率NETZWS
| Q4 25 | -2.0% | 10.3% | ||
| Q3 25 | -0.2% | 13.6% | ||
| Q2 25 | -9.8% | 11.4% | ||
| Q1 25 | -8.0% | 11.2% | ||
| Q4 24 | -2.8% | 9.8% | ||
| Q3 24 | -3.6% | 10.6% | ||
| Q2 24 | -3.8% | 11.2% | ||
| Q1 24 | -9.4% | 9.2% |
每股收益（稀释后）NETZWS
| Q4 25 | $-0.03 | $0.24 | ||
| Q3 25 | $0.00 | $0.36 | ||
| Q2 25 | $-0.15 | $0.29 | ||
| Q1 25 | $-0.11 | $0.26 | ||
| Q4 24 | $-0.05 | $0.21 | ||
| Q3 24 | $-0.04 | $0.25 | ||
| Q2 24 | $-0.04 | $0.27 | ||
| Q1 24 | $-0.10 | $0.19 |
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 | $300.5M |
| 总债务越低越好 | — | $496.5M |
| 股东权益账面价值 | $1.5B | $1.6B |
| 总资产 | $6.0B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资NETZWS
| Q4 25 | $943.5M | $300.5M | ||
| Q3 25 | $1.1B | $260.1M | ||
| Q2 25 | $1.5B | $201.9M | ||
| Q1 25 | $204.5M | $144.7M | ||
| Q4 24 | $147.7M | $198.0M | ||
| Q3 24 | $182.9M | $187.9M | ||
| Q2 24 | $157.0M | $162.7M | ||
| Q1 24 | $254.4M | $157.1M |
总债务NETZWS
| Q4 25 | — | $496.5M | ||
| Q3 25 | — | $496.4M | ||
| Q2 25 | — | $495.9M | ||
| Q1 25 | — | $495.8M | ||
| Q4 24 | — | $495.6M | ||
| Q3 24 | — | $495.6M | ||
| Q2 24 | — | $495.5M | ||
| Q1 24 | — | $495.4M |
股东权益NETZWS
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.0B | $1.6B | ||
| Q3 24 | $973.1M | $1.6B | ||
| Q2 24 | $881.5M | $1.6B | ||
| Q1 24 | $797.2M | $1.6B |
总资产NETZWS
| Q4 25 | $6.0B | $2.7B | ||
| Q3 25 | $5.8B | $2.7B | ||
| Q2 25 | $5.6B | $2.7B | ||
| Q1 25 | $3.7B | $2.6B | ||
| Q4 24 | $3.3B | $2.6B | ||
| Q3 24 | $3.1B | $2.7B | ||
| Q2 24 | $2.9B | $2.7B | ||
| Q1 24 | $2.8B | $2.7B |
负债/权益比NETZWS
| Q4 25 | — | 0.31× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.31× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.31× |
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 | $91.7M |
| 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 | — | 2.18× |
| 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NETZWS
| Q4 25 | $190.4M | $91.7M | ||
| Q3 25 | $167.1M | $101.3M | ||
| Q2 25 | $99.8M | $110.6M | ||
| Q1 25 | $145.8M | $42.9M | ||
| Q4 24 | $127.3M | $63.6M | ||
| Q3 24 | $104.7M | $90.9M | ||
| Q2 24 | $74.8M | $85.1M | ||
| Q1 24 | $73.6M | $53.9M |
自由现金流NETZWS
| Q4 25 | $105.2M | — | ||
| Q3 25 | $82.5M | — | ||
| Q2 25 | $39.9M | — | ||
| Q1 25 | $59.9M | — | ||
| Q4 24 | $54.2M | — | ||
| Q3 24 | $54.5M | — | ||
| Q2 24 | $45.2M | — | ||
| Q1 24 | $41.5M | — |
自由现金流率NETZWS
| Q4 25 | 17.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 12.5% | — | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | 12.7% | — | ||
| Q2 24 | 11.3% | — | ||
| Q1 24 | 11.0% | — |
资本支出强度NETZWS
| Q4 25 | 13.9% | — | ||
| Q3 25 | 15.1% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | 17.9% | — | ||
| Q4 24 | 15.9% | — | ||
| Q3 24 | 11.7% | — | ||
| Q2 24 | 7.4% | — | ||
| Q1 24 | 8.5% | — |
现金转化率NETZWS
| Q4 25 | — | 2.18× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | — | 2.19× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 1.75× | ||
| Q3 24 | — | 2.09× | ||
| Q2 24 | — | 1.85× | ||
| Q1 24 | — | 1.57× |
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% |
ZWS
暂无分部数据
