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Nutanix, Inc.（NTNX）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Nutanix, Inc.的1.8倍（$1.2B vs $670.6M），Nutanix, Inc.净利率更高（9.3% vs 9.1%，领先0.1%），Nutanix, Inc.同比增速更快（13.5% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $174.5M），过去两年Nutanix, Inc.的营收复合增速更高（8.9% vs 6.3%）
Nutanix是美国云计算企业，专注于提供数据中心、混合多云部署相关的软件产品，覆盖虚拟化、Kubernetes容器、数据库即服务、软件定义网络、安全以及文件、对象、块级软件定义存储等领域，助力企业高效搭建与运维云基础设施。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
NTNX vs RBA — 直观对比
营收规模更大
RBA
是对方的1.8倍
$670.6M
营收增速更快
NTNX
高出8.1%
5.4%
净利率更高
NTNX
高出0.1%
9.1%
自由现金流更多
RBA
多$12.0M
$174.5M
两年增速更快
NTNX
近两年复合增速
6.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $670.6M | $1.2B |
| 净利润 | $62.1M | $109.7M |
| 毛利率 | 87.0% | — |
| 营业利润率 | 7.4% | 14.7% |
| 净利率 | 9.3% | 9.1% |
| 营收同比 | 13.5% | 5.4% |
| 净利润同比 | 107.5% | -7.4% |
| 每股收益（稀释后） | $0.21 | $0.53 |
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NTNXRBA
| Q4 25 | $670.6M | $1.2B | ||
| Q3 25 | $653.3M | $1.1B | ||
| Q2 25 | $639.0M | $1.2B | ||
| Q1 25 | $654.7M | $1.1B | ||
| Q4 24 | $591.0M | $1.1B | ||
| Q3 24 | $548.0M | $981.8M | ||
| Q2 24 | $524.6M | $1.1B | ||
| Q1 24 | $565.2M | $1.1B |
净利润NTNXRBA
| Q4 25 | $62.1M | $109.7M | ||
| Q3 25 | $38.6M | $95.5M | ||
| Q2 25 | $63.4M | $109.8M | ||
| Q1 25 | $56.4M | $113.4M | ||
| Q4 24 | $29.9M | $118.5M | ||
| Q3 24 | $-126.1M | $76.1M | ||
| Q2 24 | $-15.6M | $111.1M | ||
| Q1 24 | $32.8M | $107.4M |
毛利率NTNXRBA
| Q4 25 | 87.0% | — | ||
| Q3 25 | 87.2% | — | ||
| Q2 25 | 87.0% | — | ||
| Q1 25 | 87.0% | — | ||
| Q4 24 | 86.0% | — | ||
| Q3 24 | 85.2% | — | ||
| Q2 24 | 84.8% | — | ||
| Q1 24 | 85.6% | — |
营业利润率NTNXRBA
| Q4 25 | 7.4% | 14.7% | ||
| Q3 25 | 4.8% | 14.5% | ||
| Q2 25 | 7.6% | 15.9% | ||
| Q1 25 | 10.0% | 17.1% | ||
| Q4 24 | 4.6% | 18.1% | ||
| Q3 24 | -2.2% | 15.6% | ||
| Q2 24 | -2.2% | 18.4% | ||
| Q1 24 | 6.6% | 18.7% |
净利率NTNXRBA
| Q4 25 | 9.3% | 9.1% | ||
| Q3 25 | 5.9% | 8.7% | ||
| Q2 25 | 9.9% | 9.3% | ||
| Q1 25 | 8.6% | 10.2% | ||
| Q4 24 | 5.1% | 10.4% | ||
| Q3 24 | -23.0% | 7.8% | ||
| Q2 24 | -3.0% | 10.1% | ||
| Q1 24 | 5.8% | 10.1% |
每股收益（稀释后）NTNXRBA
| Q4 25 | $0.21 | $0.53 | ||
| Q3 25 | $0.14 | $0.43 | ||
| Q2 25 | $0.22 | $0.53 | ||
| Q1 25 | $0.19 | $0.55 | ||
| Q4 24 | $0.10 | $0.58 | ||
| Q3 24 | $-0.50 | $0.36 | ||
| Q2 24 | $-0.06 | $0.54 | ||
| Q1 24 | $0.12 | $0.53 |
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 | $780.4M | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $-668.6M | $5.6B |
| 总资产 | $3.3B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资NTNXRBA
| Q4 25 | $780.4M | $531.5M | ||
| Q3 25 | $769.5M | $674.7M | ||
| Q2 25 | $872.6M | $710.2M | ||
| Q1 25 | $1.1B | $578.1M | ||
| Q4 24 | $716.6M | $533.9M | ||
| Q3 24 | $655.3M | $650.7M | ||
| Q2 24 | $598.0M | $599.5M | ||
| Q1 24 | $679.2M | $462.8M |
总债务NTNXRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益NTNXRBA
| Q4 25 | $-668.6M | $5.6B | ||
| Q3 25 | $-694.5M | $5.5B | ||
| Q2 25 | $-711.4M | $5.5B | ||
| Q1 25 | $-807.7M | $5.3B | ||
| Q4 24 | $-685.3M | $5.2B | ||
| Q3 24 | $-728.1M | $5.2B | ||
| Q2 24 | $-619.5M | $5.2B | ||
| Q1 24 | $-611.7M | $5.1B |
总资产NTNXRBA
| Q4 25 | $3.3B | $12.1B | ||
| Q3 25 | $3.3B | $12.2B | ||
| Q2 25 | $3.1B | $12.2B | ||
| Q1 25 | $3.0B | $11.9B | ||
| Q4 24 | $2.2B | $11.8B | ||
| Q3 24 | $2.1B | $11.9B | ||
| Q2 24 | $2.8B | $12.1B | ||
| Q1 24 | $2.7B | $12.0B |
负债/权益比NTNXRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $196.8M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $174.5M | $186.5M |
| 自由现金流率自由现金流/营收 | 26.0% | 15.5% |
| 资本支出强度资本支出/营收 | 3.3% | 5.7% |
| 现金转化率经营现金流/净利润 | 3.17× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $772.8M | $719.2M |
8季度趋势，按日历期对齐
经营现金流NTNXRBA
| Q4 25 | $196.8M | $255.2M | ||
| Q3 25 | $219.5M | $239.7M | ||
| Q2 25 | $218.5M | $326.5M | ||
| Q1 25 | $221.7M | $156.8M | ||
| Q4 24 | $161.8M | $184.5M | ||
| Q3 24 | $244.7M | $285.4M | ||
| Q2 24 | $96.4M | $337.3M | ||
| Q1 24 | $186.4M | $124.8M |
自由现金流NTNXRBA
| Q4 25 | $174.5M | $186.5M | ||
| Q3 25 | $207.8M | $188.5M | ||
| Q2 25 | $203.4M | $241.7M | ||
| Q1 25 | $187.1M | $102.5M | ||
| Q4 24 | $151.9M | $127.9M | ||
| Q3 24 | $224.3M | $248.5M | ||
| Q2 24 | $78.3M | $308.6M | ||
| Q1 24 | $162.6M | $79.6M |
自由现金流率NTNXRBA
| Q4 25 | 26.0% | 15.5% | ||
| Q3 25 | 31.8% | 17.3% | ||
| Q2 25 | 31.8% | 20.4% | ||
| Q1 25 | 28.6% | 9.2% | ||
| Q4 24 | 25.7% | 11.2% | ||
| Q3 24 | 40.9% | 25.3% | ||
| Q2 24 | 14.9% | 28.2% | ||
| Q1 24 | 28.8% | 7.5% |
资本支出强度NTNXRBA
| Q4 25 | 3.3% | 5.7% | ||
| Q3 25 | 1.8% | 4.7% | ||
| Q2 25 | 2.4% | 7.2% | ||
| Q1 25 | 5.3% | 4.9% | ||
| Q4 24 | 1.7% | 5.0% | ||
| Q3 24 | 3.7% | 3.8% | ||
| Q2 24 | 3.4% | 2.6% | ||
| Q1 24 | 4.2% | 4.2% |
现金转化率NTNXRBA
| Q4 25 | 3.17× | 2.33× | ||
| Q3 25 | 5.68× | 2.51× | ||
| Q2 25 | 3.45× | 2.97× | ||
| Q1 25 | 3.93× | 1.38× | ||
| Q4 24 | 5.41× | 1.56× | ||
| Q3 24 | — | 3.75× | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | 5.68× | 1.16× |
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
NTNX
| Services | $335.5M | 50% |
| Subscriptionand Circulation Software Entitlementand Support Subscription | $320.8M | 48% |
| Other | $14.3M | 2% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
