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NICE Ltd.（NICE）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
NICE Ltd.的季度营收约是Snowflake Inc.的1.1倍（$1.3B vs $1.2B），NICE Ltd.净利率更高（16.8% vs -24.2%，领先41.0%），NICE Ltd.自由现金流更多（$407.2M vs $113.6M）
NICE Ltd.是一家美国科技企业，专注于客户关系管理软件、人工智能技术、数字化交互与劳动力参与管理解决方案的研发，旗下产品可帮助各行业企业优化运营效率，提升客户服务体验。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
NICE vs SNOW — 直观对比
营收规模更大
NICE
是对方的1.1倍
$1.2B
净利率更高
NICE
高出41.0%
-24.2%
自由现金流更多
NICE
多$293.6M
$113.6M
损益表 — Q2 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $222.2M | $-294.0M |
| 毛利率 | 66.2% | 67.8% |
| 营业利润率 | 18.9% | -27.2% |
| 净利率 | 16.8% | -24.2% |
| 营收同比 | — | 28.7% |
| 净利润同比 | — | 9.4% |
| 每股收益（稀释后） | — | $-0.87 |
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NICESNOW
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | — | $986.8M | ||
| Q4 24 | — | $942.1M | ||
| Q3 24 | — | $868.8M | ||
| Q2 24 | $1.2B | $828.7M | ||
| Q1 24 | — | $774.7M |
净利润NICESNOW
| Q4 25 | — | $-294.0M | ||
| Q3 25 | — | $-298.0M | ||
| Q2 25 | $222.2M | $-430.1M | ||
| Q1 25 | — | $-327.5M | ||
| Q4 24 | — | $-324.3M | ||
| Q3 24 | — | $-316.9M | ||
| Q2 24 | $164.3M | $-317.0M | ||
| Q1 24 | — | $-169.4M |
毛利率NICESNOW
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | 66.2% | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 66.8% | ||
| Q2 24 | 67.4% | 67.1% | ||
| Q1 24 | — | 68.8% |
营业利润率NICESNOW
| Q4 25 | — | -27.2% | ||
| Q3 25 | — | -29.7% | ||
| Q2 25 | 18.9% | -42.9% | ||
| Q1 25 | — | -39.2% | ||
| Q4 24 | — | -38.8% | ||
| Q3 24 | — | -40.9% | ||
| Q2 24 | 17.3% | -42.1% | ||
| Q1 24 | — | -35.6% |
净利率NICESNOW
| Q4 25 | — | -24.2% | ||
| Q3 25 | — | -26.0% | ||
| Q2 25 | 16.8% | -41.3% | ||
| Q1 25 | — | -33.2% | ||
| Q4 24 | — | -34.4% | ||
| Q3 24 | — | -36.5% | ||
| Q2 24 | 14.2% | -38.3% | ||
| Q1 24 | — | -21.9% |
每股收益（稀释后）NICESNOW
| Q4 25 | — | $-0.87 | ||
| Q3 25 | — | $-0.89 | ||
| Q2 25 | — | $-1.29 | ||
| Q1 25 | — | $-0.98 | ||
| Q4 24 | — | $-0.98 | ||
| Q3 24 | — | $-0.95 | ||
| Q2 24 | — | $-0.95 | ||
| Q1 24 | — | $-0.51 |
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 | $481.7M | $1.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $2.1B |
| 总资产 | $5.3B | $8.2B |
| 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NICESNOW
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $481.7M | $2.2B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $511.8M | $1.3B | ||
| Q1 24 | — | $1.8B |
股东权益NICESNOW
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $3.6B | $2.4B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | $3.4B | $4.6B | ||
| Q1 24 | — | $5.2B |
总资产NICESNOW
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | $5.3B | $8.2B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | $6.9B | ||
| Q2 24 | $5.1B | $7.3B | ||
| Q1 24 | — | $8.2B |
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 | $424.2M | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $407.2M | $113.6M |
| 自由现金流率自由现金流/营收 | 30.8% | 9.4% |
| 资本支出强度资本支出/营收 | 1.3% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.91× | — |
| 过去12个月自由现金流最近4个季度 | — | $776.7M |
8季度趋势，按日历期对齐
经营现金流NICESNOW
| Q4 25 | — | $137.5M | ||
| Q3 25 | — | $74.9M | ||
| Q2 25 | $424.2M | $228.4M | ||
| Q1 25 | — | $432.7M | ||
| Q4 24 | — | $101.7M | ||
| Q3 24 | — | $69.9M | ||
| Q2 24 | $260.3M | $355.5M | ||
| Q1 24 | — | $344.6M |
自由现金流NICESNOW
| Q4 25 | — | $113.6M | ||
| Q3 25 | — | $58.2M | ||
| Q2 25 | $407.2M | $183.4M | ||
| Q1 25 | — | $421.4M | ||
| Q4 24 | — | $88.3M | ||
| Q3 24 | — | $64.8M | ||
| Q2 24 | $242.7M | $338.9M | ||
| Q1 24 | — | $331.5M |
自由现金流率NICESNOW
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | 30.8% | 17.6% | ||
| Q1 25 | — | 42.7% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | 21.1% | 40.9% | ||
| Q1 24 | — | 42.8% |
资本支出强度NICESNOW
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | 1.3% | 4.3% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | 1.5% | 2.0% | ||
| Q1 24 | — | 1.7% |
现金转化率NICESNOW
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.91× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.58× | — | ||
| Q1 24 | — | — |
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
NICE
| Cloud | $950.1M | 72% |
| Services | $296.5M | 22% |
| Product | $77.1M | 6% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
