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先锋自然资源公司（PR）与Atlassian Corp（TEAM）财务数据对比。点击上方公司名可切换其他公司
Atlassian Corp的季度营收约是先锋自然资源公司的1.4倍（$1.6B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs -2.7%，领先31.7%），Atlassian Corp同比增速更快（23.3% vs -9.8%）
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
Dragoneer投资集团是总部位于美国加利福尼亚州旧金山的专业投资机构，专注于全球科技领域的投资布局，业务覆盖公开股票市场与私募股权市场，在全球科技投资赛道拥有丰富的运作经验和行业资源。
PR vs TEAM — 直观对比
营收规模更大
TEAM
是对方的1.4倍
$1.2B
营收增速更快
TEAM
高出33.1%
-9.8%
净利率更高
PR
高出31.7%
-2.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.6B |
| 净利润 | $339.5M | $-42.6M |
| 毛利率 | — | 85.0% |
| 营业利润率 | 23.1% | -3.0% |
| 净利率 | 29.0% | -2.7% |
| 营收同比 | -9.8% | 23.3% |
| 净利润同比 | 56.7% | -11.6% |
| 每股收益（稀释后） | $0.48 | $-0.16 |
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PRTEAM
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | $1.2B |
净利润PRTEAM
| Q4 25 | $339.5M | $-42.6M | ||
| Q3 25 | $59.2M | $-51.9M | ||
| Q2 25 | $207.1M | $-23.9M | ||
| Q1 25 | $329.3M | $-70.8M | ||
| Q4 24 | $216.7M | $-38.2M | ||
| Q3 24 | $386.4M | $-123.8M | ||
| Q2 24 | $235.1M | — | ||
| Q1 24 | $146.6M | $12.8M |
毛利率PRTEAM
| Q4 25 | — | 85.0% | ||
| Q3 25 | — | 82.0% | ||
| Q2 25 | — | 83.1% | ||
| Q1 25 | — | 83.8% | ||
| Q4 24 | — | 82.7% | ||
| Q3 24 | — | 81.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 82.1% |
营业利润率PRTEAM
| Q4 25 | 23.1% | -3.0% | ||
| Q3 25 | 29.6% | -6.7% | ||
| Q2 25 | 24.8% | -2.1% | ||
| Q1 25 | 36.6% | -0.9% | ||
| Q4 24 | 32.8% | -4.5% | ||
| Q3 24 | 32.5% | -2.7% | ||
| Q2 24 | 36.5% | — | ||
| Q1 24 | 37.7% | 1.5% |
净利率PRTEAM
| Q4 25 | 29.0% | -2.7% | ||
| Q3 25 | 4.5% | -3.6% | ||
| Q2 25 | 17.3% | -1.7% | ||
| Q1 25 | 23.9% | -5.2% | ||
| Q4 24 | 16.7% | -3.0% | ||
| Q3 24 | 31.8% | -10.4% | ||
| Q2 24 | 18.9% | — | ||
| Q1 24 | 11.8% | 1.1% |
每股收益（稀释后）PRTEAM
| Q4 25 | $0.48 | $-0.16 | ||
| Q3 25 | $0.08 | $-0.20 | ||
| Q2 25 | $0.28 | $-0.08 | ||
| Q1 25 | $0.44 | $-0.27 | ||
| Q4 24 | $0.31 | $-0.15 | ||
| Q3 24 | $0.53 | $-0.48 | ||
| Q2 24 | $0.36 | — | ||
| Q1 24 | $0.25 | $0.05 |
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 | $153.7M | $1.6B |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $1.6B |
| 总资产 | $17.9B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.34× | — |
8季度趋势，按日历期对齐
现金及短期投资PRTEAM
| Q4 25 | $153.7M | $1.6B | ||
| Q3 25 | $111.8M | $2.8B | ||
| Q2 25 | $451.0M | $2.9B | ||
| Q1 25 | $702.2M | $3.0B | ||
| Q4 24 | $479.3M | $2.5B | ||
| Q3 24 | $272.0M | $2.2B | ||
| Q2 24 | $47.8M | — | ||
| Q1 24 | $12.7M | $2.1B |
总债务PRTEAM
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.9B | — |
股东权益PRTEAM
| Q4 25 | $10.3B | $1.6B | ||
| Q3 25 | $10.0B | $1.4B | ||
| Q2 25 | $9.5B | $1.3B | ||
| Q1 25 | $9.4B | $1.4B | ||
| Q4 24 | $9.1B | $1.2B | ||
| Q3 24 | $9.0B | $1.0B | ||
| Q2 24 | $8.3B | — | ||
| Q1 24 | $7.0B | $1.1B |
总资产PRTEAM
| Q4 25 | $17.9B | $6.2B | ||
| Q3 25 | $17.3B | $5.7B | ||
| Q2 25 | $17.5B | $6.0B | ||
| Q1 25 | $17.1B | $5.9B | ||
| Q4 24 | $16.9B | $5.4B | ||
| Q3 24 | $16.6B | $5.0B | ||
| Q2 24 | $15.4B | — | ||
| Q1 24 | $15.1B | $5.1B |
负债/权益比PRTEAM
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.46× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.56× | — |
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 | $904.3M | $177.8M |
| 自由现金流经营现金流 - 资本支出 | — | $168.5M |
| 自由现金流率自由现金流/营收 | — | 10.6% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | 2.66× | — |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流PRTEAM
| Q4 25 | $904.3M | $177.8M | ||
| Q3 25 | $766.5M | $128.7M | ||
| Q2 25 | $1.0B | $375.3M | ||
| Q1 25 | $898.0M | $652.7M | ||
| Q4 24 | $871.6M | $351.9M | ||
| Q3 24 | $954.4M | $80.5M | ||
| Q2 24 | $938.4M | — | ||
| Q1 24 | $647.6M | $565.4M |
自由现金流PRTEAM
| Q4 25 | — | $168.5M | ||
| Q3 25 | — | $114.6M | ||
| Q2 25 | — | $360.3M | ||
| Q1 25 | — | $638.3M | ||
| Q4 24 | — | $342.6M | ||
| Q3 24 | — | $74.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $554.9M |
自由现金流率PRTEAM
| Q4 25 | — | 10.6% | ||
| Q3 25 | — | 8.0% | ||
| Q2 25 | — | 26.0% | ||
| Q1 25 | — | 47.0% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 46.7% |
资本支出强度PRTEAM
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.9% |
现金转化率PRTEAM
| Q4 25 | 2.66× | — | ||
| Q3 25 | 12.94× | — | ||
| Q2 25 | 5.01× | — | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | 4.02× | — | ||
| Q3 24 | 2.47× | — | ||
| Q2 24 | 3.99× | — | ||
| Q1 24 | 4.42× | 44.34× |
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
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |
