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网件（NTGR）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是网件的1.2倍（$217.4M vs $182.5M），Rapid7, Inc.同比增速更快（0.5% vs 0.0%），Rapid7, Inc.自由现金流更多（$36.4M vs $13.6M），过去两年网件的营收复合增速更高（5.3% vs 3.0%）
网件是总部位于美国加利福尼亚州圣何塞的计算机网络设备企业，在全球约22个国家设有分支机构，面向个人消费者、企业及服务提供商研发生产各类网络硬件，业务分为零售、商业客户、服务供应商三大板块。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
NTGR vs RPD — 直观对比
营收规模更大
RPD
是对方的1.2倍
$182.5M
营收增速更快
RPD
高出0.5%
0.0%
自由现金流更多
RPD
多$22.8M
$13.6M
两年增速更快
NTGR
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $182.5M | $217.4M |
| 净利润 | — | $3.1M |
| 毛利率 | 40.4% | 68.9% |
| 营业利润率 | -2.6% | 1.0% |
| 净利率 | — | 1.4% |
| 营收同比 | 0.0% | 0.5% |
| 净利润同比 | — | 44.1% |
| 每股收益（稀释后） | $-0.03 | $0.05 |
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NTGRRPD
| Q4 25 | $182.5M | $217.4M | ||
| Q3 25 | $184.6M | $218.0M | ||
| Q2 25 | $170.5M | $214.2M | ||
| Q1 25 | $162.1M | $210.3M | ||
| Q4 24 | $182.4M | $216.3M | ||
| Q3 24 | $182.9M | $214.7M | ||
| Q2 24 | $143.9M | $208.0M | ||
| Q1 24 | $164.6M | $205.1M |
净利润NTGRRPD
| Q4 25 | — | $3.1M | ||
| Q3 25 | $-4.8M | $9.8M | ||
| Q2 25 | $-6.4M | $8.3M | ||
| Q1 25 | $-6.0M | $2.1M | ||
| Q4 24 | $-8.9M | $2.2M | ||
| Q3 24 | $85.1M | $15.4M | ||
| Q2 24 | $-45.2M | $6.5M | ||
| Q1 24 | $-18.6M | $1.4M |
毛利率NTGRRPD
| Q4 25 | 40.4% | 68.9% | ||
| Q3 25 | 39.1% | 70.2% | ||
| Q2 25 | 37.5% | 70.6% | ||
| Q1 25 | 34.8% | 71.7% | ||
| Q4 24 | 32.6% | 69.5% | ||
| Q3 24 | 30.9% | 70.6% | ||
| Q2 24 | 22.1% | 70.7% | ||
| Q1 24 | 29.3% | 70.3% |
营业利润率NTGRRPD
| Q4 25 | -2.6% | 1.0% | ||
| Q3 25 | -3.8% | 2.7% | ||
| Q2 25 | -5.6% | 1.6% | ||
| Q1 25 | -7.9% | -0.0% | ||
| Q4 24 | -8.3% | 3.4% | ||
| Q3 24 | 52.4% | 6.0% | ||
| Q2 24 | -32.6% | 2.5% | ||
| Q1 24 | -13.2% | 4.7% |
净利率NTGRRPD
| Q4 25 | — | 1.4% | ||
| Q3 25 | -2.6% | 4.5% | ||
| Q2 25 | -3.8% | 3.9% | ||
| Q1 25 | -3.7% | 1.0% | ||
| Q4 24 | -4.9% | 1.0% | ||
| Q3 24 | 46.5% | 7.2% | ||
| Q2 24 | -31.4% | 3.1% | ||
| Q1 24 | -11.3% | 0.7% |
每股收益（稀释后）NTGRRPD
| Q4 25 | $-0.03 | $0.05 | ||
| Q3 25 | $-0.17 | $0.15 | ||
| Q2 25 | $-0.22 | $0.13 | ||
| Q1 25 | $-0.21 | $0.03 | ||
| Q4 24 | $-0.29 | $0.08 | ||
| Q3 24 | $2.90 | $0.21 | ||
| Q2 24 | $-1.56 | $0.09 | ||
| Q1 24 | $-0.63 | $0.02 |
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 | $323.0M | $474.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $497.8M | $154.7M |
| 总资产 | $836.3M | $1.7B |
| 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NTGRRPD
| Q4 25 | $323.0M | $474.7M | ||
| Q3 25 | $326.4M | $407.1M | ||
| Q2 25 | $363.5M | $511.7M | ||
| Q1 25 | $391.9M | $493.5M | ||
| Q4 24 | $408.7M | $521.7M | ||
| Q3 24 | $395.7M | $443.7M | ||
| Q2 24 | $294.3M | $442.6M | ||
| Q1 24 | $289.4M | $411.7M |
股东权益NTGRRPD
| Q4 25 | $497.8M | $154.7M | ||
| Q3 25 | $506.8M | $127.2M | ||
| Q2 25 | $523.2M | $90.4M | ||
| Q1 25 | $534.2M | $52.7M | ||
| Q4 24 | $541.1M | $17.7M | ||
| Q3 24 | $550.3M | $-5.1M | ||
| Q2 24 | $459.4M | $-52.6M | ||
| Q1 24 | $511.4M | $-86.4M |
总资产NTGRRPD
| Q4 25 | $836.3M | $1.7B | ||
| Q3 25 | $810.8M | $1.7B | ||
| Q2 25 | $803.5M | $1.6B | ||
| Q1 25 | $814.2M | $1.6B | ||
| Q4 24 | $850.2M | $1.7B | ||
| Q3 24 | $862.6M | $1.6B | ||
| Q2 24 | $754.1M | $1.5B | ||
| Q1 24 | $801.3M | $1.5B |
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 | $19.5M | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $13.6M | $36.4M |
| 自由现金流率自由现金流/营收 | 7.5% | 16.8% |
| 资本支出强度资本支出/营收 | 3.2% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $-18.9M | $146.2M |
8季度趋势，按日历期对齐
经营现金流NTGRRPD
| Q4 25 | $19.5M | $37.6M | ||
| Q3 25 | $-7.4M | $39.0M | ||
| Q2 25 | $-1.8M | $47.5M | ||
| Q1 25 | $-8.7M | $29.8M | ||
| Q4 24 | $21.5M | $63.8M | ||
| Q3 24 | $107.7M | $44.0M | ||
| Q2 24 | $18.4M | $32.9M | ||
| Q1 24 | $17.2M | $31.1M |
自由现金流NTGRRPD
| Q4 25 | $13.6M | $36.4M | ||
| Q3 25 | $-17.1M | $34.8M | ||
| Q2 25 | $-5.3M | $46.6M | ||
| Q1 25 | $-10.1M | $28.4M | ||
| Q4 24 | $19.0M | $62.6M | ||
| Q3 24 | $106.0M | $42.6M | ||
| Q2 24 | $16.1M | $32.6M | ||
| Q1 24 | $14.7M | $30.4M |
自由现金流率NTGRRPD
| Q4 25 | 7.5% | 16.8% | ||
| Q3 25 | -9.3% | 16.0% | ||
| Q2 25 | -3.1% | 21.8% | ||
| Q1 25 | -6.3% | 13.5% | ||
| Q4 24 | 10.4% | 28.9% | ||
| Q3 24 | 58.0% | 19.9% | ||
| Q2 24 | 11.2% | 15.7% | ||
| Q1 24 | 8.9% | 14.8% |
资本支出强度NTGRRPD
| Q4 25 | 3.2% | 0.5% | ||
| Q3 25 | 5.3% | 1.9% | ||
| Q2 25 | 2.1% | 0.4% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 1.4% | 0.5% | ||
| Q3 24 | 0.9% | 0.6% | ||
| Q2 24 | 1.6% | 0.1% | ||
| Q1 24 | 1.5% | 0.3% |
现金转化率NTGRRPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | — | 3.97× | ||
| Q2 25 | — | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | — | 29.36× | ||
| Q3 24 | 1.27× | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | — | 22.10× |
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
NTGR
| Other | $93.4M | 51% |
| Sales Channel Directly To Consumer | $89.1M | 49% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
