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NETSCOUT SYSTEMS INC（NTCT）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
NETSCOUT SYSTEMS INC的季度营收约是REPLIGEN CORP的1.3倍（$250.7M vs $197.9M），NETSCOUT SYSTEMS INC净利率更高（22.0% vs 6.7%，领先15.3%），REPLIGEN CORP同比增速更快（13.6% vs -0.5%），NETSCOUT SYSTEMS INC自由现金流更多（$59.3M vs $17.6M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs 11.0%）
NETSCOUT SYSTEMS INC是美国科技企业，1984年由阿尼尔·辛哈尔与纳伦德拉·波帕特创立，前身为Frontier Software，总部位于马萨诸塞州韦斯特福德。公司专注于软件可观测性、深度数据包检测、DDoS防护及AIOps领域，为客户提供相关技术解决方案。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
NTCT vs RGEN — 直观对比
营收规模更大
NTCT
是对方的1.3倍
$197.9M
营收增速更快
RGEN
高出14.2%
-0.5%
净利率更高
NTCT
高出15.3%
6.7%
自由现金流更多
NTCT
多$41.7M
$17.6M
两年增速更快
RGEN
近两年复合增速
11.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $250.7M | $197.9M |
| 净利润 | $55.1M | $13.3M |
| 毛利率 | 81.6% | 52.5% |
| 营业利润率 | 25.7% | 9.0% |
| 净利率 | 22.0% | 6.7% |
| 营收同比 | -0.5% | 13.6% |
| 净利润同比 | 13.0% | 143.9% |
| 每股收益（稀释后） | $0.75 | $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NTCTRGEN
| Q4 25 | $250.7M | $197.9M | ||
| Q3 25 | $219.0M | $188.8M | ||
| Q2 25 | $186.7M | $182.4M | ||
| Q1 25 | $205.0M | $169.2M | ||
| Q4 24 | $252.0M | $174.1M | ||
| Q3 24 | $191.1M | $154.9M | ||
| Q2 24 | $174.6M | $154.1M | ||
| Q1 24 | $203.4M | $151.3M |
净利润NTCTRGEN
| Q4 25 | $55.1M | $13.3M | ||
| Q3 25 | $25.8M | $14.9M | ||
| Q2 25 | $-3.7M | $14.9M | ||
| Q1 25 | $18.6M | $5.8M | ||
| Q4 24 | $48.8M | $-30.3M | ||
| Q3 24 | $9.0M | $-654.0K | ||
| Q2 24 | $-443.4M | $3.3M | ||
| Q1 24 | $-32.4M | $2.1M |
毛利率NTCTRGEN
| Q4 25 | 81.6% | 52.5% | ||
| Q3 25 | 80.1% | 53.2% | ||
| Q2 25 | 76.7% | 50.0% | ||
| Q1 25 | 77.7% | 53.6% | ||
| Q4 24 | 81.5% | 26.1% | ||
| Q3 24 | 78.0% | 50.0% | ||
| Q2 24 | 74.6% | 49.8% | ||
| Q1 24 | 75.3% | 49.5% |
营业利润率NTCTRGEN
| Q4 25 | 25.7% | 9.0% | ||
| Q3 25 | 14.8% | 8.9% | ||
| Q2 25 | -3.5% | 7.6% | ||
| Q1 25 | 9.7% | 3.9% | ||
| Q4 24 | 24.5% | -17.7% | ||
| Q3 24 | 7.4% | -5.1% | ||
| Q2 24 | -265.4% | 1.0% | ||
| Q1 24 | -18.2% | 1.3% |
净利率NTCTRGEN
| Q4 25 | 22.0% | 6.7% | ||
| Q3 25 | 11.8% | 7.9% | ||
| Q2 25 | -2.0% | 8.2% | ||
| Q1 25 | 9.1% | 3.4% | ||
| Q4 24 | 19.4% | -17.4% | ||
| Q3 24 | 4.7% | -0.4% | ||
| Q2 24 | -254.0% | 2.2% | ||
| Q1 24 | -15.9% | 1.4% |
每股收益（稀释后）NTCTRGEN
| Q4 25 | $0.75 | $0.24 | ||
| Q3 25 | $0.35 | $0.26 | ||
| Q2 25 | $-0.05 | $0.26 | ||
| Q1 25 | $0.28 | $0.10 | ||
| Q4 24 | $0.67 | $-0.55 | ||
| Q3 24 | $0.13 | $-0.01 | ||
| Q2 24 | $-6.20 | $0.06 | ||
| Q1 24 | $-0.43 | $0.04 |
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 | $540.6M | $767.6M |
| 总债务越低越好 | — | $542.2M |
| 股东权益账面价值 | $1.6B | $2.1B |
| 总资产 | $2.3B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资NTCTRGEN
| Q4 25 | $540.6M | $767.6M | ||
| Q3 25 | $483.4M | $748.7M | ||
| Q2 25 | $489.6M | $708.9M | ||
| Q1 25 | $457.4M | $697.2M | ||
| Q4 24 | $398.4M | $757.4M | ||
| Q3 24 | $363.4M | $784.0M | ||
| Q2 24 | $362.2M | $809.1M | ||
| Q1 24 | $389.7M | $780.6M |
总债务NTCTRGEN
| Q4 25 | — | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NTCTRGEN
| Q4 25 | $1.6B | $2.1B | ||
| Q3 25 | $1.6B | $2.1B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $1.6B | $2.0B | ||
| Q4 24 | $1.5B | $2.0B | ||
| Q3 24 | $1.5B | $2.0B | ||
| Q2 24 | $1.4B | $2.0B | ||
| Q1 24 | $1.9B | $2.0B |
总资产NTCTRGEN
| Q4 25 | $2.3B | $2.9B | ||
| Q3 25 | $2.2B | $2.9B | ||
| Q2 25 | $2.2B | $2.9B | ||
| Q1 25 | $2.2B | $2.9B | ||
| Q4 24 | $2.2B | $2.8B | ||
| Q3 24 | $2.1B | $2.8B | ||
| Q2 24 | $2.1B | $2.9B | ||
| Q1 24 | $2.6B | $2.8B |
负债/权益比NTCTRGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $62.1M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $59.3M | $17.6M |
| 自由现金流率自由现金流/营收 | 23.6% | 8.9% |
| 资本支出强度资本支出/营收 | 1.1% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.13× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $275.5M | $93.9M |
8季度趋势，按日历期对齐
经营现金流NTCTRGEN
| Q4 25 | $62.1M | $25.7M | ||
| Q3 25 | $6.7M | $48.1M | ||
| Q2 25 | $73.6M | $28.6M | ||
| Q1 25 | $141.5M | $15.0M | ||
| Q4 24 | $41.5M | $39.2M | ||
| Q3 24 | $-3.7M | $49.3M | ||
| Q2 24 | $38.4M | $42.2M | ||
| Q1 24 | $93.6M | $44.7M |
自由现金流NTCTRGEN
| Q4 25 | $59.3M | $17.6M | ||
| Q3 25 | $4.4M | $43.4M | ||
| Q2 25 | $71.7M | $21.5M | ||
| Q1 25 | $140.1M | $11.4M | ||
| Q4 24 | $39.6M | $33.6M | ||
| Q3 24 | $-4.6M | $42.3M | ||
| Q2 24 | $37.2M | $37.4M | ||
| Q1 24 | $92.0M | $36.4M |
自由现金流率NTCTRGEN
| Q4 25 | 23.6% | 8.9% | ||
| Q3 25 | 2.0% | 23.0% | ||
| Q2 25 | 38.4% | 11.8% | ||
| Q1 25 | 68.4% | 6.8% | ||
| Q4 24 | 15.7% | 19.3% | ||
| Q3 24 | -2.4% | 27.3% | ||
| Q2 24 | 21.3% | 24.3% | ||
| Q1 24 | 45.2% | 24.0% |
资本支出强度NTCTRGEN
| Q4 25 | 1.1% | 4.1% | ||
| Q3 25 | 1.0% | 2.5% | ||
| Q2 25 | 1.0% | 3.9% | ||
| Q1 25 | 0.7% | 2.1% | ||
| Q4 24 | 0.7% | 3.2% | ||
| Q3 24 | 0.5% | 4.5% | ||
| Q2 24 | 0.7% | 3.1% | ||
| Q1 24 | 0.8% | 5.5% |
现金转化率NTCTRGEN
| Q4 25 | 1.13× | 1.93× | ||
| Q3 25 | 0.26× | 3.23× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | 7.60× | 2.57× | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | -0.41× | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
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
NTCT
| Services | $129.0M | 51% |
| Products | $121.7M | 49% |
RGEN
暂无分部数据
