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NetApp（NTAP）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
NetApp的季度营收约是Primo Brands Corp的1.1倍（$1.7B vs $1.6B），NetApp净利率更高（17.9% vs -0.8%，领先18.7%），NetApp自由现金流更多（$78.0M vs $57.3M）
NetApp是总部位于美国加利福尼亚州圣何塞的企业级数据基础设施服务商，成立于1992年，2012至2021年连续入选《财富》世界500强。公司面向全球企业客户提供统一数据存储、集成数据服务及云运营解决方案，可满足线上线下全场景的应用与数据管理需求。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
NTAP vs PRMB — 直观对比
营收规模更大
NTAP
是对方的1.1倍
$1.6B
净利率更高
NTAP
高出18.7%
-0.8%
自由现金流更多
NTAP
多$20.7M
$57.3M
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.6B |
| 净利润 | $305.0M | $-13.0M |
| 毛利率 | 72.0% | 27.7% |
| 营业利润率 | 23.4% | 1.2% |
| 净利率 | 17.9% | -0.8% |
| 营收同比 | 2.8% | — |
| 净利润同比 | 2.0% | — |
| 每股收益（稀释后） | $1.51 | $-0.03 |
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NTAPPRMB
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.5B | $0 | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.6B | $1.1B |
净利润NTAPPRMB
| Q4 25 | $305.0M | $-13.0M | ||
| Q3 25 | $233.0M | $16.8M | ||
| Q2 25 | $340.0M | $27.6M | ||
| Q1 25 | $299.0M | $28.7M | ||
| Q4 24 | $299.0M | — | ||
| Q3 24 | $248.0M | $-2.0K | ||
| Q2 24 | $291.0M | $54.5M | ||
| Q1 24 | $313.0M | $33.5M |
毛利率NTAPPRMB
| Q4 25 | 72.0% | 27.7% | ||
| Q3 25 | 70.4% | 29.9% | ||
| Q2 25 | 68.9% | 31.3% | ||
| Q1 25 | 69.8% | 32.3% | ||
| Q4 24 | 71.0% | — | ||
| Q3 24 | 71.3% | — | ||
| Q2 24 | 70.5% | 32.7% | ||
| Q1 24 | 71.7% | 30.4% |
营业利润率NTAPPRMB
| Q4 25 | 23.4% | 1.2% | ||
| Q3 25 | 19.8% | 8.3% | ||
| Q2 25 | 20.1% | 6.5% | ||
| Q1 25 | 22.1% | 9.5% | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 18.3% | — | ||
| Q2 24 | 21.9% | 12.1% | ||
| Q1 24 | 22.8% | 11.0% |
净利率NTAPPRMB
| Q4 25 | 17.9% | -0.8% | ||
| Q3 25 | 14.9% | 1.0% | ||
| Q2 25 | 19.6% | 1.6% | ||
| Q1 25 | 18.2% | 1.8% | ||
| Q4 24 | 18.0% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 17.4% | 4.1% | ||
| Q1 24 | 19.5% | 2.9% |
每股收益（稀释后）NTAPPRMB
| Q4 25 | $1.51 | $-0.03 | ||
| Q3 25 | $1.15 | $0.04 | ||
| Q2 25 | $1.64 | $0.07 | ||
| Q1 25 | $1.44 | $0.08 | ||
| Q4 24 | $1.42 | — | ||
| Q3 24 | $1.17 | $-20.00 | ||
| Q2 24 | $1.36 | $0.25 | ||
| Q1 24 | $1.48 | $0.15 |
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 | $3.0B | $376.7M |
| 总债务越低越好 | $2.5B | $5.2B |
| 股东权益账面价值 | $986.0M | $3.0B |
| 总资产 | $9.6B | $10.6B |
| 负债/权益比越低杠杆越低 | 2.52× | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资NTAPPRMB
| Q4 25 | $3.0B | $376.7M | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.8B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.3B | — | ||
| Q1 24 | $2.9B | — |
总债务NTAPPRMB
| Q4 25 | $2.5B | $5.2B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $3.2B | $5.1B | ||
| Q1 25 | $2.0B | $5.0B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益NTAPPRMB
| Q4 25 | $986.0M | $3.0B | ||
| Q3 25 | $975.0M | $3.2B | ||
| Q2 25 | $1.0B | $3.2B | ||
| Q1 25 | $995.0M | $3.3B | ||
| Q4 24 | $892.0M | — | ||
| Q3 24 | $929.0M | $-2.0K | ||
| Q2 24 | $1.1B | $-296.8M | ||
| Q1 24 | $994.0M | $-349.8M |
总资产NTAPPRMB
| Q4 25 | $9.6B | $10.6B | ||
| Q3 25 | $9.7B | $11.0B | ||
| Q2 25 | $10.8B | $11.0B | ||
| Q1 25 | $9.0B | $11.0B | ||
| Q4 24 | $9.0B | — | ||
| Q3 24 | $9.3B | $0 | ||
| Q2 24 | $9.9B | — | ||
| Q1 24 | $9.4B | — |
负债/权益比NTAPPRMB
| Q4 25 | 2.52× | 1.72× | ||
| Q3 25 | 2.55× | 1.61× | ||
| Q2 25 | 3.11× | 1.57× | ||
| Q1 25 | 2.00× | 1.51× | ||
| Q4 24 | 2.23× | — | ||
| Q3 24 | 2.58× | — | ||
| Q2 24 | 2.09× | — | ||
| Q1 24 | 2.41× | — |
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 | $127.0M | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $78.0M | $57.3M |
| 自由现金流率自由现金流/营收 | 4.6% | 3.7% |
| 资本支出强度资本支出/营收 | 2.9% | 9.4% |
| 现金转化率经营现金流/净利润 | 0.42× | — |
| 过去12个月自由现金流最近4个季度 | — | $302.9M |
8季度趋势，按日历期对齐
经营现金流NTAPPRMB
| Q4 25 | $127.0M | $203.1M | ||
| Q3 25 | $673.0M | $283.4M | ||
| Q2 25 | — | $155.0M | ||
| Q1 25 | $385.0M | $38.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | $341.0M | $0 | ||
| Q2 24 | $613.0M | $102.5M | ||
| Q1 24 | $484.0M | $6.0M |
自由现金流NTAPPRMB
| Q4 25 | $78.0M | $57.3M | ||
| Q3 25 | $620.0M | $167.7M | ||
| Q2 25 | — | $101.1M | ||
| Q1 25 | $338.0M | $-23.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $300.0M | — | ||
| Q2 24 | $567.0M | $61.4M | ||
| Q1 24 | $448.0M | $-17.5M |
自由现金流率NTAPPRMB
| Q4 25 | 4.6% | 3.7% | ||
| Q3 25 | 39.8% | 9.5% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | 20.6% | -1.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | 19.5% | — | ||
| Q2 24 | 34.0% | 4.7% | ||
| Q1 24 | 27.9% | -1.5% |
资本支出强度NTAPPRMB
| Q4 25 | 2.9% | 9.4% | ||
| Q3 25 | 3.4% | 6.6% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | 2.9% | 3.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 2.8% | 3.1% | ||
| Q1 24 | 2.2% | 2.1% |
现金转化率NTAPPRMB
| Q4 25 | 0.42× | — | ||
| Q3 25 | 2.89× | 16.87× | ||
| Q2 25 | — | 5.62× | ||
| Q1 25 | 1.29× | 1.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 2.11× | 1.88× | ||
| Q1 24 | 1.55× | 0.18× |
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
NTAP
| Products | $788.0M | 46% |
| Support | $647.0M | 38% |
| Public Cloud Segment | $171.0M | 10% |
| Professional And Other Services | $99.0M | 6% |
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
