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ServiceNow（NOW）与拉夫劳伦（RL）财务数据对比。点击上方公司名可切换其他公司
ServiceNow的季度营收约是拉夫劳伦的1.6倍（$3.8B vs $2.4B），拉夫劳伦净利率更高（15.0% vs 12.4%，领先2.6%），拉夫劳伦同比增速更快（12.2% vs 2.8%），ServiceNow自由现金流更多（$1.7B vs $704.0M），过去两年拉夫劳伦的营收复合增速更高（23.9% vs 19.8%）
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
NOW vs RL — 直观对比
营收规模更大
NOW
是对方的1.6倍
$2.4B
营收增速更快
RL
高出9.5%
2.8%
净利率更高
RL
高出2.6%
12.4%
自由现金流更多
NOW
多$961.0M
$704.0M
两年增速更快
RL
近两年复合增速
19.8%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $2.4B |
| 净利润 | $469.0M | $361.6M |
| 毛利率 | 75.1% | 69.9% |
| 营业利润率 | 13.3% | 19.6% |
| 净利率 | 12.4% | 15.0% |
| 营收同比 | 2.8% | 12.2% |
| 净利润同比 | -53.7% | 21.6% |
| 每股收益（稀释后） | $1.04 | $5.82 |
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NOWRL
| Q1 26 | $3.8B | — | ||
| Q4 25 | $3.6B | $2.4B | ||
| Q3 25 | $3.4B | $2.0B | ||
| Q2 25 | $3.2B | $1.7B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $3.0B | $2.1B | ||
| Q3 24 | $2.8B | $1.7B | ||
| Q2 24 | $2.6B | $1.5B |
净利润NOWRL
| Q1 26 | $469.0M | — | ||
| Q4 25 | $401.0M | $361.6M | ||
| Q3 25 | $502.0M | $207.5M | ||
| Q2 25 | $385.0M | $220.4M | ||
| Q1 25 | $460.0M | $129.0M | ||
| Q4 24 | $384.0M | $297.4M | ||
| Q3 24 | $432.0M | $147.9M | ||
| Q2 24 | $262.0M | $168.6M |
毛利率NOWRL
| Q1 26 | 75.1% | — | ||
| Q4 25 | 76.6% | 69.9% | ||
| Q3 25 | 77.3% | 68.0% | ||
| Q2 25 | 77.5% | 72.3% | ||
| Q1 25 | 78.9% | 68.7% | ||
| Q4 24 | 78.7% | 68.4% | ||
| Q3 24 | 79.1% | 67.0% | ||
| Q2 24 | 79.0% | 70.5% |
营业利润率NOWRL
| Q1 26 | 13.3% | — | ||
| Q4 25 | 12.4% | 19.6% | ||
| Q3 25 | 16.8% | 12.2% | ||
| Q2 25 | 11.1% | 15.9% | ||
| Q1 25 | 14.6% | 9.1% | ||
| Q4 24 | 12.6% | 18.2% | ||
| Q3 24 | 14.9% | 10.4% | ||
| Q2 24 | 9.1% | 13.8% |
净利率NOWRL
| Q1 26 | 12.4% | — | ||
| Q4 25 | 11.2% | 15.0% | ||
| Q3 25 | 14.7% | 10.3% | ||
| Q2 25 | 12.0% | 12.8% | ||
| Q1 25 | 14.9% | 7.6% | ||
| Q4 24 | 13.0% | 13.9% | ||
| Q3 24 | 15.4% | 8.6% | ||
| Q2 24 | 10.0% | 11.1% |
每股收益（稀释后）NOWRL
| Q1 26 | $1.04 | — | ||
| Q4 25 | $-4.77 | $5.82 | ||
| Q3 25 | $2.40 | $3.32 | ||
| Q2 25 | $1.84 | $3.52 | ||
| Q1 25 | $2.20 | $2.03 | ||
| Q4 24 | $1.84 | $4.66 | ||
| Q3 24 | $2.07 | $2.31 | ||
| Q2 24 | $1.26 | $2.61 |
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 | $2.7B | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.7B | $2.9B |
| 总资产 | $24.4B | $7.8B |
| 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NOWRL
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.7B | $2.3B | ||
| Q3 25 | $2.7B | $1.6B | ||
| Q2 25 | $3.1B | $2.3B | ||
| Q1 25 | $3.4B | $2.1B | ||
| Q4 24 | $2.3B | $2.1B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $2.2B | $1.8B |
股东权益NOWRL
| Q1 26 | $11.7B | — | ||
| Q4 25 | $13.0B | $2.9B | ||
| Q3 25 | $11.3B | $2.6B | ||
| Q2 25 | $10.9B | $2.5B | ||
| Q1 25 | $10.1B | $2.6B | ||
| Q4 24 | $9.6B | $2.5B | ||
| Q3 24 | $9.3B | $2.4B | ||
| Q2 24 | $8.7B | $2.4B |
总资产NOWRL
| Q1 26 | $24.4B | — | ||
| Q4 25 | $26.0B | $7.8B | ||
| Q3 25 | $21.8B | $7.3B | ||
| Q2 25 | $22.1B | $7.8B | ||
| Q1 25 | $21.0B | $7.0B | ||
| Q4 24 | $20.4B | $7.1B | ||
| Q3 24 | $18.4B | $6.8B | ||
| Q2 24 | $18.2B | $6.6B |
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 | $1.7B | $779.6M |
| 自由现金流经营现金流 - 资本支出 | $1.7B | $704.0M |
| 自由现金流率自由现金流/营收 | 44.2% | 29.3% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 3.56× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $4.8B | $694.5M |
8季度趋势，按日历期对齐
经营现金流NOWRL
| Q1 26 | $1.7B | — | ||
| Q4 25 | $2.2B | $779.6M | ||
| Q3 25 | $813.0M | $53.2M | ||
| Q2 25 | $716.0M | $176.1M | ||
| Q1 25 | $1.7B | $122.2M | ||
| Q4 24 | $1.6B | $738.4M | ||
| Q3 24 | $671.0M | $97.2M | ||
| Q2 24 | $620.0M | $277.3M |
自由现金流NOWRL
| Q1 26 | $1.7B | — | ||
| Q4 25 | $2.0B | $704.0M | ||
| Q3 25 | $578.0M | $-40.6M | ||
| Q2 25 | $526.0M | $-11.2M | ||
| Q1 25 | $1.5B | $42.3M | ||
| Q4 24 | $1.4B | $677.2M | ||
| Q3 24 | $469.0M | $55.5M | ||
| Q2 24 | $358.0M | $243.9M |
自由现金流率NOWRL
| Q1 26 | 44.2% | — | ||
| Q4 25 | 56.1% | 29.3% | ||
| Q3 25 | 17.0% | -2.0% | ||
| Q2 25 | 16.4% | -0.7% | ||
| Q1 25 | 47.7% | 2.5% | ||
| Q4 24 | 46.7% | 31.6% | ||
| Q3 24 | 16.8% | 3.2% | ||
| Q2 24 | 13.6% | 16.1% |
资本支出强度NOWRL
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | 3.1% | ||
| Q3 25 | 6.9% | 4.7% | ||
| Q2 25 | 5.9% | 10.9% | ||
| Q1 25 | 6.6% | 4.7% | ||
| Q4 24 | 8.6% | 2.9% | ||
| Q3 24 | 7.2% | 2.4% | ||
| Q2 24 | 10.0% | 2.2% |
现金转化率NOWRL
| Q1 26 | 3.56× | — | ||
| Q4 25 | 5.58× | 2.16× | ||
| Q3 25 | 1.62× | 0.26× | ||
| Q2 25 | 1.86× | 0.80× | ||
| Q1 25 | 3.65× | 0.95× | ||
| Q4 24 | 4.26× | 2.48× | ||
| Q3 24 | 1.55× | 0.66× | ||
| Q2 24 | 2.37× | 1.64× |
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
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $80.5M | 2% |
| Professional services and other revenues | $18.5M | 0% |
RL
暂无分部数据
