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NetApp（NTAP）与RUSH ENTERPRISES INC \TX\（RUSHA）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RUSH ENTERPRISES INC \TX\的1.0倍（$1.7B vs $1.7B），NetApp净利率更高（17.9% vs 3.7%，领先14.2%），NetApp同比增速更快（2.8% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $78.0M），过去两年NetApp的营收复合增速更高（3.0% vs -6.8%）
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。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
NTAP vs RUSHA — 直观对比
营收规模更大
NTAP
是对方的1.0倍
$1.7B
营收增速更快
NTAP
高出11.8%
-9.0%
净利率更高
NTAP
高出14.2%
3.7%
自由现金流更多
RUSHA
多$333.6M
$78.0M
两年增速更快
NTAP
近两年复合增速
-6.8%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.7B |
| 净利润 | $305.0M | $61.7M |
| 毛利率 | 72.0% | 20.4% |
| 营业利润率 | 23.4% | 4.9% |
| 净利率 | 17.9% | 3.7% |
| 营收同比 | 2.8% | -9.0% |
| 净利润同比 | 2.0% | 1.8% |
| 每股收益（稀释后） | $1.51 | $0.77 |
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NTAPRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.7B | $1.7B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.7B | $1.9B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.7B | $1.9B |
净利润NTAPRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $305.0M | $64.3M | ||
| Q3 25 | $233.0M | $66.7M | ||
| Q2 25 | $340.0M | $72.4M | ||
| Q1 25 | $299.0M | $60.3M | ||
| Q4 24 | $299.0M | $74.8M | ||
| Q3 24 | $248.0M | $79.1M | ||
| Q2 24 | $291.0M | $78.7M |
毛利率NTAPRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 72.0% | 20.8% | ||
| Q3 25 | 70.4% | 21.0% | ||
| Q2 25 | 68.9% | 20.7% | ||
| Q1 25 | 69.8% | 20.3% | ||
| Q4 24 | 71.0% | 19.3% | ||
| Q3 24 | 71.3% | 21.0% | ||
| Q2 24 | 70.5% | 20.2% |
营业利润率NTAPRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 23.4% | 5.5% | ||
| Q3 25 | 19.8% | 5.6% | ||
| Q2 25 | 20.1% | 6.0% | ||
| Q1 25 | 22.1% | 5.2% | ||
| Q4 24 | 20.8% | 5.8% | ||
| Q3 24 | 18.3% | 6.7% | ||
| Q2 24 | 21.9% | 6.4% |
净利率NTAPRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 17.9% | 3.8% | ||
| Q3 25 | 14.9% | 3.7% | ||
| Q2 25 | 19.6% | 3.9% | ||
| Q1 25 | 18.2% | 3.4% | ||
| Q4 24 | 18.0% | 3.9% | ||
| Q3 24 | 16.1% | 4.4% | ||
| Q2 24 | 17.4% | 4.1% |
每股收益（稀释后）NTAPRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $1.51 | $0.81 | ||
| Q3 25 | $1.15 | $0.83 | ||
| Q2 25 | $1.64 | $0.90 | ||
| Q1 25 | $1.44 | $0.73 | ||
| Q4 24 | $1.42 | $-95.13 | ||
| Q3 24 | $1.17 | $0.97 | ||
| Q2 24 | $1.36 | $97.00 |
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 | — |
| 总债务越低越好 | $2.5B | $277.8M |
| 股东权益账面价值 | $986.0M | $2.3B |
| 总资产 | $9.6B | $4.5B |
| 负债/权益比越低杠杆越低 | 2.52× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资NTAPRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $212.6M | ||
| Q3 25 | $3.3B | $242.0M | ||
| Q2 25 | $3.8B | $211.1M | ||
| Q1 25 | $2.3B | $228.7M | ||
| Q4 24 | $2.2B | $228.1M | ||
| Q3 24 | $3.0B | $185.1M | ||
| Q2 24 | $3.3B | $167.3M |
总债务NTAPRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $2.5B | $274.8M | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $408.4M | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
股东权益NTAPRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $986.0M | $2.2B | ||
| Q3 25 | $975.0M | $2.2B | ||
| Q2 25 | $1.0B | $2.2B | ||
| Q1 25 | $995.0M | $2.2B | ||
| Q4 24 | $892.0M | $2.1B | ||
| Q3 24 | $929.0M | $2.1B | ||
| Q2 24 | $1.1B | $2.0B |
总资产NTAPRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $9.6B | $4.4B | ||
| Q3 25 | $9.7B | $4.6B | ||
| Q2 25 | $10.8B | $4.7B | ||
| Q1 25 | $9.0B | $4.7B | ||
| Q4 24 | $9.0B | $4.6B | ||
| Q3 24 | $9.3B | $4.6B | ||
| Q2 24 | $9.9B | $4.5B |
负债/权益比NTAPRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 2.52× | 0.12× | ||
| Q3 25 | 2.55× | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 2.00× | — | ||
| Q4 24 | 2.23× | 0.19× | ||
| Q3 24 | 2.58× | — | ||
| Q2 24 | 2.09× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $78.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 4.6% | 24.4% |
| 资本支出强度资本支出/营收 | 2.9% | 2.0% |
| 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 | — | $828.4M |
8季度趋势，按日历期对齐
经营现金流NTAPRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $112.9M | ||
| Q3 25 | $673.0M | $367.8M | ||
| Q2 25 | — | $227.6M | ||
| Q1 25 | $385.0M | $153.5M | ||
| Q4 24 | — | $392.3M | ||
| Q3 24 | $341.0M | $111.7M | ||
| Q2 24 | $613.0M | $270.6M |
自由现金流NTAPRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $78.0M | $31.9M | ||
| Q3 25 | $620.0M | $271.2M | ||
| Q2 25 | — | $113.8M | ||
| Q1 25 | $338.0M | $45.1M | ||
| Q4 24 | — | $263.5M | ||
| Q3 24 | $300.0M | $-20.0M | ||
| Q2 24 | $567.0M | $177.2M |
自由现金流率NTAPRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 4.6% | 1.9% | ||
| Q3 25 | 39.8% | 15.2% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | 20.6% | 2.6% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | 19.5% | -1.1% | ||
| Q2 24 | 34.0% | 9.1% |
资本支出强度NTAPRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 2.9% | 4.8% | ||
| Q3 25 | 3.4% | 5.4% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | 2.9% | 6.2% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | 2.7% | 7.3% | ||
| Q2 24 | 2.8% | 4.8% |
现金转化率NTAPRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 0.42× | 1.75× | ||
| Q3 25 | 2.89× | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | 1.29× | 2.55× | ||
| Q4 24 | — | 5.25× | ||
| Q3 24 | 1.38× | 1.41× | ||
| Q2 24 | 2.11× | 3.44× |
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% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
