vs
Envista Holdings Corp（NVST）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Envista Holdings Corp的1.7倍（$1.2B vs $750.6M），Envista Holdings Corp净利率更高（4.4% vs -2.2%，领先6.6%），Envista Holdings Corp同比增速更快（15.0% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $91.7M），过去两年ROKU, INC的营收复合增速更高（13.6% vs 9.7%）
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
NVST vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.7倍
$750.6M
营收增速更快
NVST
高出33.2%
-18.3%
净利率更高
NVST
高出6.6%
-2.2%
自由现金流更多
ROKU
多$206.7M
$91.7M
两年增速更快
ROKU
近两年复合增速
9.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $750.6M | $1.2B |
| 净利润 | $32.9M | $-27.4M |
| 毛利率 | 54.7% | 35.6% |
| 营业利润率 | 9.8% | 59.7% |
| 净利率 | 4.4% | -2.2% |
| 营收同比 | 15.0% | -18.3% |
| 净利润同比 | 2641.7% | -361.0% |
| 每股收益（稀释后） | $0.20 | $0.57 |
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NVSTROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $750.6M | $1.4B | ||
| Q3 25 | $669.9M | $1.2B | ||
| Q2 25 | $682.1M | $1.1B | ||
| Q1 25 | $616.9M | $1.0B | ||
| Q4 24 | $652.9M | $1.2B | ||
| Q3 24 | $601.0M | $1.1B | ||
| Q2 24 | $633.1M | $968.2M |
净利润NVSTROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $32.9M | $80.5M | ||
| Q3 25 | $-30.3M | $24.8M | ||
| Q2 25 | $26.4M | $10.5M | ||
| Q1 25 | $18.0M | $-27.4M | ||
| Q4 24 | $1.2M | $-35.5M | ||
| Q3 24 | $8.2M | $-9.0M | ||
| Q2 24 | $-1.2B | $-34.0M |
毛利率NVSTROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 54.7% | 43.5% | ||
| Q3 25 | 55.3% | 43.4% | ||
| Q2 25 | 54.2% | 44.8% | ||
| Q1 25 | 54.5% | 43.6% | ||
| Q4 24 | 57.1% | 42.7% | ||
| Q3 24 | 52.8% | 45.2% | ||
| Q2 24 | 51.6% | 43.9% |
营业利润率NVSTROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 9.8% | 4.7% | ||
| Q3 25 | 8.6% | 0.8% | ||
| Q2 25 | 6.8% | -2.1% | ||
| Q1 25 | 6.3% | -5.7% | ||
| Q4 24 | 7.1% | -3.3% | ||
| Q3 24 | 3.5% | -3.4% | ||
| Q2 24 | -182.2% | -7.4% |
净利率NVSTROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 4.4% | 5.8% | ||
| Q3 25 | -4.5% | 2.0% | ||
| Q2 25 | 3.9% | 0.9% | ||
| Q1 25 | 2.9% | -2.7% | ||
| Q4 24 | 0.2% | -3.0% | ||
| Q3 24 | 1.4% | -0.9% | ||
| Q2 24 | -181.9% | -3.5% |
每股收益（稀释后）NVSTROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $0.20 | $0.55 | ||
| Q3 25 | $-0.18 | $0.16 | ||
| Q2 25 | $0.16 | $0.07 | ||
| Q1 25 | $0.10 | $-0.19 | ||
| Q4 24 | $0.00 | $-0.24 | ||
| Q3 24 | $0.05 | $-0.06 | ||
| Q2 24 | $-6.69 | $-0.24 |
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 | $2.4B |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $3.1B | $2.7B |
| 总资产 | $5.7B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资NVSTROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $1.1B | $2.3B | ||
| Q2 25 | $1.1B | $2.3B | ||
| Q1 25 | $1.1B | $2.3B | ||
| Q4 24 | $1.1B | $2.2B | ||
| Q3 24 | $991.3M | $2.1B | ||
| Q2 24 | $1.0B | $2.1B |
总债务NVSTROKU
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.5B | — |
股东权益NVSTROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $3.1B | $2.7B | ||
| Q3 25 | $3.1B | $2.6B | ||
| Q2 25 | $3.1B | $2.6B | ||
| Q1 25 | $3.0B | $2.5B | ||
| Q4 24 | $2.9B | $2.5B | ||
| Q3 24 | $3.1B | $2.5B | ||
| Q2 24 | $3.0B | $2.4B |
总资产NVSTROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $5.7B | $4.4B | ||
| Q3 25 | $5.6B | $4.4B | ||
| Q2 25 | $5.7B | $4.3B | ||
| Q1 25 | $5.5B | $4.2B | ||
| Q4 24 | $5.4B | $4.3B | ||
| Q3 24 | $5.5B | $4.3B | ||
| Q2 24 | $5.4B | $4.1B |
负债/权益比NVSTROKU
| Q1 26 | — | — | ||
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.51× | — |
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 | $108.0M | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $91.7M | $298.4M |
| 自由现金流率自由现金流/营收 | 12.2% | 23.9% |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 3.28× | — |
| 过去12个月自由现金流最近4个季度 | $230.4M | $640.0M |
8季度趋势，按日历期对齐
经营现金流NVSTROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $108.0M | $107.7M | ||
| Q3 25 | $78.7M | $127.6M | ||
| Q2 25 | $88.7M | $109.7M | ||
| Q1 25 | $300.0K | $138.7M | ||
| Q4 24 | $132.4M | $79.3M | ||
| Q3 24 | $70.7M | $68.7M | ||
| Q2 24 | $93.1M | $23.4M |
自由现金流NVSTROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $91.7M | $106.6M | ||
| Q3 25 | $67.9M | $126.5M | ||
| Q2 25 | $76.4M | $108.6M | ||
| Q1 25 | $-5.6M | $136.8M | ||
| Q4 24 | $123.8M | $76.8M | ||
| Q3 24 | $63.3M | $67.6M | ||
| Q2 24 | $86.3M | $22.5M |
自由现金流率NVSTROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 12.2% | 7.6% | ||
| Q3 25 | 10.1% | 10.4% | ||
| Q2 25 | 11.2% | 9.8% | ||
| Q1 25 | -0.9% | 13.4% | ||
| Q4 24 | 19.0% | 6.4% | ||
| Q3 24 | 10.5% | 6.4% | ||
| Q2 24 | 13.6% | 2.3% |
资本支出强度NVSTROKU
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 0.1% | ||
| Q3 25 | 1.6% | 0.1% | ||
| Q2 25 | 1.8% | 0.1% | ||
| Q1 25 | 1.0% | 0.2% | ||
| Q4 24 | 1.3% | 0.2% | ||
| Q3 24 | 1.2% | 0.1% | ||
| Q2 24 | 1.1% | 0.1% |
现金转化率NVSTROKU
| Q1 26 | — | — | ||
| Q4 25 | 3.28× | 1.34× | ||
| Q3 25 | — | 5.14× | ||
| Q2 25 | 3.36× | 10.45× | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 110.33× | — | ||
| Q3 24 | 8.62× | — | ||
| Q2 24 | — | — |
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
NVST
| Other | $375.8M | 50% |
| Specialty Productsand Technologies | $188.4M | 25% |
| Equipmentand Consumables | $186.4M | 25% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
