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OPEN TEXT CORP（OTEX）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
OPEN TEXT CORP的季度营收约是ROKU, INC的1.1倍（$1.3B vs $1.2B），OPEN TEXT CORP净利率更高（12.7% vs -2.2%，领先14.9%），OPEN TEXT CORP同比增速更快（-0.6% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $279.4M），过去两年ROKU, INC的营收复合增速更高（13.6% vs -4.3%）
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
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。
OTEX vs ROKU — 直观对比
营收规模更大
OTEX
是对方的1.1倍
$1.2B
营收增速更快
OTEX
高出17.7%
-18.3%
净利率更高
OTEX
高出14.9%
-2.2%
自由现金流更多
ROKU
多$19.0M
$279.4M
两年增速更快
ROKU
近两年复合增速
-4.3%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $168.1M | $-27.4M |
| 毛利率 | 74.0% | 35.6% |
| 营业利润率 | 22.0% | 59.7% |
| 净利率 | 12.7% | -2.2% |
| 营收同比 | -0.6% | -18.3% |
| 净利润同比 | -26.9% | -361.0% |
| 每股收益（稀释后） | $0.66 | $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OTEXROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.4B | $968.2M |
净利润OTEXROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $168.1M | $80.5M | ||
| Q3 25 | $146.6M | $24.8M | ||
| Q2 25 | $28.8M | $10.5M | ||
| Q1 25 | $92.8M | $-27.4M | ||
| Q4 24 | $229.9M | $-35.5M | ||
| Q3 24 | $84.4M | $-9.0M | ||
| Q2 24 | $248.2M | $-34.0M |
毛利率OTEXROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 74.0% | 43.5% | ||
| Q3 25 | 72.8% | 43.4% | ||
| Q2 25 | 72.3% | 44.8% | ||
| Q1 25 | 71.6% | 43.6% | ||
| Q4 24 | 73.3% | 42.7% | ||
| Q3 24 | 71.7% | 45.2% | ||
| Q2 24 | 72.5% | 43.9% |
营业利润率OTEXROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 22.0% | 4.7% | ||
| Q3 25 | 21.0% | 0.8% | ||
| Q2 25 | 13.9% | -2.1% | ||
| Q1 25 | 16.7% | -5.7% | ||
| Q4 24 | 22.2% | -3.3% | ||
| Q3 24 | 16.3% | -3.4% | ||
| Q2 24 | 14.2% | -7.4% |
净利率OTEXROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 12.7% | 5.8% | ||
| Q3 25 | 11.4% | 2.0% | ||
| Q2 25 | 2.2% | 0.9% | ||
| Q1 25 | 7.4% | -2.7% | ||
| Q4 24 | 17.2% | -3.0% | ||
| Q3 24 | 6.6% | -0.9% | ||
| Q2 24 | 18.2% | -3.5% |
每股收益（稀释后）OTEXROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $0.66 | $0.55 | ||
| Q3 25 | $0.58 | $0.16 | ||
| Q2 25 | $0.11 | $0.07 | ||
| Q1 25 | $0.35 | $-0.19 | ||
| Q4 24 | $0.87 | $-0.24 | ||
| Q3 24 | $0.32 | $-0.06 | ||
| Q2 24 | $0.91 | $-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 | $1.3B | $2.4B |
| 总债务越低越好 | $6.4B | — |
| 股东权益账面价值 | $4.0B | $2.7B |
| 总资产 | $13.6B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.58× | — |
8季度趋势，按日历期对齐
现金及短期投资OTEXROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $1.1B | $2.3B | ||
| Q2 25 | $1.2B | $2.3B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | $1.1B | $2.2B | ||
| Q3 24 | $1.0B | $2.1B | ||
| Q2 24 | $1.3B | $2.1B |
总债务OTEXROKU
| Q1 26 | — | — | ||
| Q4 25 | $6.4B | — | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.4B | — | ||
| Q4 24 | $6.4B | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.4B | — |
股东权益OTEXROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $4.0B | $2.7B | ||
| Q3 25 | $4.0B | $2.6B | ||
| Q2 25 | $3.9B | $2.6B | ||
| Q1 25 | $4.1B | $2.5B | ||
| Q4 24 | $4.2B | $2.5B | ||
| Q3 24 | $4.1B | $2.5B | ||
| Q2 24 | $4.2B | $2.4B |
总资产OTEXROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $13.6B | $4.4B | ||
| Q3 25 | $13.5B | $4.4B | ||
| Q2 25 | $13.8B | $4.3B | ||
| Q1 25 | $13.8B | $4.2B | ||
| Q4 24 | $13.7B | $4.3B | ||
| Q3 24 | $13.8B | $4.3B | ||
| Q2 24 | $14.2B | $4.1B |
负债/权益比OTEXROKU
| Q1 26 | — | — | ||
| Q4 25 | 1.58× | — | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.62× | — | ||
| Q1 25 | 1.55× | — | ||
| Q4 24 | 1.51× | — | ||
| Q3 24 | 1.55× | — | ||
| Q2 24 | 1.52× | — |
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 | $318.7M | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $279.4M | $298.4M |
| 自由现金流率自由现金流/营收 | 21.1% | 23.9% |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 现金转化率经营现金流/净利润 | 1.90× | — |
| 过去12个月自由现金流最近4个季度 | $878.5M | $640.0M |
8季度趋势，按日历期对齐
经营现金流OTEXROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $318.7M | $107.7M | ||
| Q3 25 | $147.8M | $127.6M | ||
| Q2 25 | $158.2M | $109.7M | ||
| Q1 25 | $402.2M | $138.7M | ||
| Q4 24 | $348.0M | $79.3M | ||
| Q3 24 | $-77.8M | $68.7M | ||
| Q2 24 | $185.2M | $23.4M |
自由现金流OTEXROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $279.4M | $106.6M | ||
| Q3 25 | $101.2M | $126.5M | ||
| Q2 25 | $124.0M | $108.6M | ||
| Q1 25 | $373.8M | $136.8M | ||
| Q4 24 | $306.7M | $76.8M | ||
| Q3 24 | $-117.1M | $67.6M | ||
| Q2 24 | $145.2M | $22.5M |
自由现金流率OTEXROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 21.1% | 7.6% | ||
| Q3 25 | 7.9% | 10.4% | ||
| Q2 25 | 9.5% | 9.8% | ||
| Q1 25 | 29.8% | 13.4% | ||
| Q4 24 | 23.0% | 6.4% | ||
| Q3 24 | -9.2% | 6.4% | ||
| Q2 24 | 10.7% | 2.3% |
资本支出强度OTEXROKU
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 0.1% | ||
| Q3 25 | 3.6% | 0.1% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 2.3% | 0.2% | ||
| Q4 24 | 3.1% | 0.2% | ||
| Q3 24 | 3.1% | 0.1% | ||
| Q2 24 | 2.9% | 0.1% |
现金转化率OTEXROKU
| Q1 26 | — | — | ||
| Q4 25 | 1.90× | 1.34× | ||
| Q3 25 | 1.01× | 5.14× | ||
| Q2 25 | 5.49× | 10.45× | ||
| Q1 25 | 4.33× | — | ||
| Q4 24 | 1.51× | — | ||
| Q3 24 | -0.92× | — | ||
| Q2 24 | 0.75× | — |
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
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
