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新闻集团（NWSA）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
新闻集团的季度营收约是Snowflake Inc.的1.9倍（$2.4B vs $1.2B），新闻集团净利率更高（8.2% vs -24.2%，领先32.4%），Snowflake Inc.同比增速更快（28.7% vs 5.5%），新闻集团自由现金流更多（$132.0M vs $113.6M），过去两年Snowflake Inc.的营收复合增速更高（25.1% vs -1.3%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
NWSA vs SNOW — 直观对比
营收规模更大
NWSA
是对方的1.9倍
$1.2B
营收增速更快
SNOW
高出23.2%
5.5%
净利率更高
NWSA
高出32.4%
-24.2%
自由现金流更多
NWSA
多$18.4M
$113.6M
两年增速更快
SNOW
近两年复合增速
-1.3%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.2B |
| 净利润 | $193.0M | $-294.0M |
| 毛利率 | — | 67.8% |
| 营业利润率 | — | -27.2% |
| 净利率 | 8.2% | -24.2% |
| 营收同比 | 5.5% | 28.7% |
| 净利润同比 | -10.2% | 9.4% |
| 每股收益（稀释后） | $0.34 | $-0.87 |
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NWSASNOW
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $1.6B | $1.0B | ||
| Q1 25 | $2.0B | $986.8M | ||
| Q4 24 | $2.2B | $942.1M | ||
| Q3 24 | $2.6B | $868.8M | ||
| Q2 24 | $2.6B | $828.7M | ||
| Q1 24 | $2.4B | $774.7M |
净利润NWSASNOW
| Q4 25 | $193.0M | $-294.0M | ||
| Q3 25 | $112.0M | $-298.0M | ||
| Q2 25 | $743.0M | $-430.1M | ||
| Q1 25 | $103.0M | $-327.5M | ||
| Q4 24 | $215.0M | $-324.3M | ||
| Q3 24 | $119.0M | $-316.9M | ||
| Q2 24 | $50.0M | $-317.0M | ||
| Q1 24 | $30.0M | $-169.4M |
毛利率NWSASNOW
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 66.8% | ||
| Q2 24 | — | 67.1% | ||
| Q1 24 | — | 68.8% |
营业利润率NWSASNOW
| Q4 25 | — | -27.2% | ||
| Q3 25 | — | -29.7% | ||
| Q2 25 | 8.5% | -42.9% | ||
| Q1 25 | 7.5% | -39.2% | ||
| Q4 24 | 19.2% | -38.8% | ||
| Q3 24 | 7.9% | -40.9% | ||
| Q2 24 | 4.3% | -42.1% | ||
| Q1 24 | 2.6% | -35.6% |
净利率NWSASNOW
| Q4 25 | 8.2% | -24.2% | ||
| Q3 25 | 5.2% | -26.0% | ||
| Q2 25 | 45.6% | -41.3% | ||
| Q1 25 | 5.1% | -33.2% | ||
| Q4 24 | 9.6% | -34.4% | ||
| Q3 24 | 4.6% | -36.5% | ||
| Q2 24 | 1.9% | -38.3% | ||
| Q1 24 | 1.2% | -21.9% |
每股收益（稀释后）NWSASNOW
| Q4 25 | $0.34 | $-0.87 | ||
| Q3 25 | $0.20 | $-0.89 | ||
| Q2 25 | $1.30 | $-1.29 | ||
| Q1 25 | $0.18 | $-0.98 | ||
| Q4 24 | $0.38 | $-0.98 | ||
| Q3 24 | $0.21 | $-0.95 | ||
| Q2 24 | $0.09 | $-0.95 | ||
| Q1 24 | $0.05 | $-0.51 |
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 | $2.1B | $1.9B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $8.8B | $2.1B |
| 总资产 | $15.5B | $8.2B |
| 负债/权益比越低杠杆越低 | 0.22× | — |
8季度趋势，按日历期对齐
现金及短期投资NWSASNOW
| Q4 25 | $2.1B | $1.9B | ||
| Q3 25 | $2.2B | $1.9B | ||
| Q2 25 | $2.4B | $2.2B | ||
| Q1 25 | $2.1B | $2.6B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $2.0B | $1.3B | ||
| Q1 24 | $1.9B | $1.8B |
总债务NWSASNOW
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.9B | — |
股东权益NWSASNOW
| Q4 25 | $8.8B | $2.1B | ||
| Q3 25 | $8.7B | $2.4B | ||
| Q2 25 | $8.8B | $2.4B | ||
| Q1 25 | $8.2B | $3.0B | ||
| Q4 24 | $8.1B | $2.9B | ||
| Q3 24 | $8.3B | $4.1B | ||
| Q2 24 | $8.1B | $4.6B | ||
| Q1 24 | $8.1B | $5.2B |
总资产NWSASNOW
| Q4 25 | $15.5B | $8.2B | ||
| Q3 25 | $15.3B | $8.2B | ||
| Q2 25 | $15.5B | $8.2B | ||
| Q1 25 | $16.6B | $9.0B | ||
| Q4 24 | $16.2B | $8.2B | ||
| Q3 24 | $16.9B | $6.9B | ||
| Q2 24 | $16.7B | $7.3B | ||
| Q1 24 | $16.5B | $8.2B |
负债/权益比NWSASNOW
| Q4 25 | 0.22× | — | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.24× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.36× | — |
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 | $231.0M | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $132.0M | $113.6M |
| 自由现金流率自由现金流/营收 | 5.6% | 9.4% |
| 资本支出强度资本支出/营收 | 4.2% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.20× | — |
| 过去12个月自由现金流最近4个季度 | $586.0M | $776.7M |
8季度趋势，按日历期对齐
经营现金流NWSASNOW
| Q4 25 | $231.0M | $137.5M | ||
| Q3 25 | $85.0M | $74.9M | ||
| Q2 25 | $189.0M | $228.4M | ||
| Q1 25 | $511.0M | $432.7M | ||
| Q4 24 | $252.0M | $101.7M | ||
| Q3 24 | $64.0M | $69.9M | ||
| Q2 24 | $254.0M | $355.5M | ||
| Q1 24 | $539.0M | $344.6M |
自由现金流NWSASNOW
| Q4 25 | $132.0M | $113.6M | ||
| Q3 25 | $4.0M | $58.2M | ||
| Q2 25 | $32.0M | $183.4M | ||
| Q1 25 | $418.0M | $421.4M | ||
| Q4 24 | $190.0M | $88.3M | ||
| Q3 24 | $-31.0M | $64.8M | ||
| Q2 24 | $111.0M | $338.9M | ||
| Q1 24 | $422.0M | $331.5M |
自由现金流率NWSASNOW
| Q4 25 | 5.6% | 9.4% | ||
| Q3 25 | 0.2% | 5.1% | ||
| Q2 25 | 2.0% | 17.6% | ||
| Q1 25 | 20.8% | 42.7% | ||
| Q4 24 | 8.5% | 9.4% | ||
| Q3 24 | -1.2% | 7.5% | ||
| Q2 24 | 4.3% | 40.9% | ||
| Q1 24 | 17.4% | 42.8% |
资本支出强度NWSASNOW
| Q4 25 | 4.2% | 2.0% | ||
| Q3 25 | 3.8% | 1.5% | ||
| Q2 25 | 9.6% | 4.3% | ||
| Q1 25 | 4.6% | 1.1% | ||
| Q4 24 | 2.8% | 1.4% | ||
| Q3 24 | 3.7% | 0.6% | ||
| Q2 24 | 5.5% | 2.0% | ||
| Q1 24 | 4.8% | 1.7% |
现金转化率NWSASNOW
| Q4 25 | 1.20× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 4.96× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 5.08× | — | ||
| Q1 24 | 17.97× | — |
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
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
