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Netskope Inc（NTSK）与ORMAT TECHNOLOGIES, INC.（ORA）财务数据对比。点击上方公司名可切换其他公司
ORMAT TECHNOLOGIES, INC.的季度营收约是Netskope Inc的1.5倍（$276.0M vs $184.2M），ORMAT TECHNOLOGIES, INC.净利率更高（11.4% vs -246.0%，领先257.4%），Netskope Inc自由现金流更多（$10.4M vs $-40.0M）
Netskope是全球领先的网络安全企业，主打安全访问服务边缘（SASE）解决方案、云安全平台与零信任架构工具，服务覆盖北美、欧洲、亚太地区的企业客户，助力各类机构保障远程办公环境、云应用与数字资产的安全。
Ormat Technologies是总部位于美国内华达州里诺的跨国企业，主打可再生地热能源技术，累计建成超190座电站，总装机容量超3200兆瓦；截至2021年1月自主运营933兆瓦地热及余热回收电站，还向全球多国供应超千台涡轮增压器。
NTSK vs ORA — 直观对比
营收规模更大
ORA
是对方的1.5倍
$184.2M
净利率更高
ORA
高出257.4%
-246.0%
自由现金流更多
NTSK
多$50.4M
$-40.0M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $184.2M | $276.0M |
| 净利润 | $-453.1M | $31.4M |
| 毛利率 | 57.9% | 28.6% |
| 营业利润率 | -242.7% | 15.4% |
| 净利率 | -246.0% | 11.4% |
| 营收同比 | — | 19.6% |
| 净利润同比 | -401.7% | -23.2% |
| 每股收益（稀释后） | $-1.85 | $0.51 |
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NTSKORA
| Q4 25 | $184.2M | $276.0M | ||
| Q3 25 | — | $249.7M | ||
| Q2 25 | — | $234.0M | ||
| Q1 25 | — | $229.8M | ||
| Q4 24 | — | $230.7M | ||
| Q3 24 | — | $211.8M | ||
| Q2 24 | — | $213.0M | ||
| Q1 24 | — | $224.2M |
净利润NTSKORA
| Q4 25 | $-453.1M | $31.4M | ||
| Q3 25 | — | $24.1M | ||
| Q2 25 | — | $28.0M | ||
| Q1 25 | — | $40.4M | ||
| Q4 24 | — | $40.8M | ||
| Q3 24 | — | $22.1M | ||
| Q2 24 | — | $22.2M | ||
| Q1 24 | — | $38.6M |
毛利率NTSKORA
| Q4 25 | 57.9% | 28.6% | ||
| Q3 25 | — | 25.6% | ||
| Q2 25 | — | 24.3% | ||
| Q1 25 | — | 31.7% | ||
| Q4 24 | — | 31.9% | ||
| Q3 24 | — | 27.8% | ||
| Q2 24 | — | 28.8% | ||
| Q1 24 | — | 35.2% |
营业利润率NTSKORA
| Q4 25 | -242.7% | 15.4% | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | 22.2% | ||
| Q4 24 | — | 21.3% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 16.5% | ||
| Q1 24 | — | 23.5% |
净利率NTSKORA
| Q4 25 | -246.0% | 11.4% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 12.0% | ||
| Q1 25 | — | 17.6% | ||
| Q4 24 | — | 17.7% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | 10.4% | ||
| Q1 24 | — | 17.2% |
每股收益（稀释后）NTSKORA
| Q4 25 | $-1.85 | $0.51 | ||
| Q3 25 | — | $0.39 | ||
| Q2 25 | — | $0.46 | ||
| Q1 25 | — | $0.66 | ||
| Q4 24 | — | $0.67 | ||
| Q3 24 | — | $0.36 | ||
| Q2 24 | — | $0.37 | ||
| Q1 24 | — | $0.64 |
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 | $1.2B | $147.4M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $151.0M | $2.5B |
| 总资产 | $1.7B | $6.2B |
| 负债/权益比越低杠杆越低 | — | 1.05× |
8季度趋势，按日历期对齐
现金及短期投资NTSKORA
| Q4 25 | $1.2B | $147.4M | ||
| Q3 25 | — | $79.6M | ||
| Q2 25 | — | $88.5M | ||
| Q1 25 | — | $112.7M | ||
| Q4 24 | — | $94.4M | ||
| Q3 24 | — | $88.1M | ||
| Q2 24 | — | $66.3M | ||
| Q1 24 | — | $201.5M |
总债务NTSKORA
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NTSKORA
| Q4 25 | $151.0M | $2.5B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
总资产NTSKORA
| Q4 25 | $1.7B | $6.2B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | — | $6.0B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.7B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $5.5B |
负债/权益比NTSKORA
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.97× | ||
| 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 | $19.9M | $105.0M |
| 自由现金流经营现金流 - 资本支出 | $10.4M | $-40.0M |
| 自由现金流率自由现金流/营收 | 5.6% | -14.5% |
| 资本支出强度资本支出/营收 | 5.2% | 52.6% |
| 现金转化率经营现金流/净利润 | — | 3.35× |
| 过去12个月自由现金流最近4个季度 | — | $-284.7M |
8季度趋势，按日历期对齐
经营现金流NTSKORA
| Q4 25 | $19.9M | $105.0M | ||
| Q3 25 | — | $45.2M | ||
| Q2 25 | — | $96.9M | ||
| Q1 25 | — | $88.0M | ||
| Q4 24 | — | $158.6M | ||
| Q3 24 | — | $106.4M | ||
| Q2 24 | — | $30.7M | ||
| Q1 24 | — | $115.2M |
自由现金流NTSKORA
| Q4 25 | $10.4M | $-40.0M | ||
| Q3 25 | — | $-102.1M | ||
| Q2 25 | — | $-37.9M | ||
| Q1 25 | — | $-104.6M | ||
| Q4 24 | — | $30.9M | ||
| Q3 24 | — | $-3.3M | ||
| Q2 24 | — | $-116.1M | ||
| Q1 24 | — | $11.8M |
自由现金流率NTSKORA
| Q4 25 | 5.6% | -14.5% | ||
| Q3 25 | — | -40.9% | ||
| Q2 25 | — | -16.2% | ||
| Q1 25 | — | -45.5% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | — | -1.6% | ||
| Q2 24 | — | -54.5% | ||
| Q1 24 | — | 5.3% |
资本支出强度NTSKORA
| Q4 25 | 5.2% | 52.6% | ||
| Q3 25 | — | 59.0% | ||
| Q2 25 | — | 57.6% | ||
| Q1 25 | — | 83.8% | ||
| Q4 24 | — | 55.4% | ||
| Q3 24 | — | 51.8% | ||
| Q2 24 | — | 69.0% | ||
| Q1 24 | — | 46.1% |
现金转化率NTSKORA
| Q4 25 | — | 3.35× | ||
| Q3 25 | — | 1.87× | ||
| Q2 25 | — | 3.45× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | — | 3.89× | ||
| Q3 24 | — | 4.82× | ||
| Q2 24 | — | 1.38× | ||
| Q1 24 | — | 2.99× |
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
NTSK
| Indirect Channels | $175.2M | 95% |
| Direct End Customers | $8.9M | 5% |
ORA
| Electricity | $186.6M | 68% |
| Products | $63.1M | 23% |
| Energy Storage Segment | $26.3M | 10% |
| Product Segment | $1.2M | 0% |
