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Pure Storage, Inc.（PSTG）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Pure Storage, Inc.的1.4倍（$1.4B vs $964.5M），ROKU, INC净利率更高（5.8% vs 5.7%，领先0.1%），ROKU, INC同比增速更快（16.1% vs 16.0%），ROKU, INC自由现金流更多（$106.6M vs $52.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 10.5%）
Pure Storage是美国上市科技企业，总部位于加利福尼亚州圣克拉拉，成立于2009年，2011年正式推出自研全闪存数据存储软硬件产品，2015年上市前累计获得超4.7亿美元风险投资，营收长期保持高速增长态势。
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。
PSTG vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.4倍
$964.5M
营收增速更快
ROKU
高出0.1%
16.0%
净利率更高
ROKU
高出0.1%
5.7%
自由现金流更多
ROKU
多$54.0M
$52.6M
两年增速更快
ROKU
近两年复合增速
10.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $964.5M | $1.4B |
| 净利润 | $54.8M | $80.5M |
| 毛利率 | 72.3% | 43.5% |
| 营业利润率 | 5.6% | 4.7% |
| 净利率 | 5.7% | 5.8% |
| 营收同比 | 16.0% | 16.1% |
| 净利润同比 | -13.9% | 326.4% |
| 每股收益（稀释后） | $0.16 | $0.55 |
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PSTGROKU
| Q4 25 | $964.5M | $1.4B | ||
| Q3 25 | $861.0M | $1.2B | ||
| Q2 25 | $778.5M | $1.1B | ||
| Q1 25 | $879.8M | $1.0B | ||
| Q4 24 | $831.1M | $1.2B | ||
| Q3 24 | $763.8M | $1.1B | ||
| Q2 24 | $693.5M | $968.2M | ||
| Q1 24 | $789.8M | $881.5M |
净利润PSTGROKU
| Q4 25 | $54.8M | $80.5M | ||
| Q3 25 | $47.1M | $24.8M | ||
| Q2 25 | $-14.0M | $10.5M | ||
| Q1 25 | $42.4M | $-27.4M | ||
| Q4 24 | $63.6M | $-35.5M | ||
| Q3 24 | $35.7M | $-9.0M | ||
| Q2 24 | $-35.0M | $-34.0M | ||
| Q1 24 | $65.4M | $-50.9M |
毛利率PSTGROKU
| Q4 25 | 72.3% | 43.5% | ||
| Q3 25 | 70.2% | 43.4% | ||
| Q2 25 | 68.9% | 44.8% | ||
| Q1 25 | 67.5% | 43.6% | ||
| Q4 24 | 70.1% | 42.7% | ||
| Q3 24 | 70.7% | 45.2% | ||
| Q2 24 | 71.5% | 43.9% | ||
| Q1 24 | 72.0% | 44.1% |
营业利润率PSTGROKU
| Q4 25 | 5.6% | 4.7% | ||
| Q3 25 | 0.6% | 0.8% | ||
| Q2 25 | -4.0% | -2.1% | ||
| Q1 25 | 4.8% | -5.7% | ||
| Q4 24 | 7.2% | -3.3% | ||
| Q3 24 | 3.3% | -3.4% | ||
| Q2 24 | -6.0% | -7.4% | ||
| Q1 24 | 7.3% | -8.2% |
净利率PSTGROKU
| Q4 25 | 5.7% | 5.8% | ||
| Q3 25 | 5.5% | 2.0% | ||
| Q2 25 | -1.8% | 0.9% | ||
| Q1 25 | 4.8% | -2.7% | ||
| Q4 24 | 7.7% | -3.0% | ||
| Q3 24 | 4.7% | -0.9% | ||
| Q2 24 | -5.0% | -3.5% | ||
| Q1 24 | 8.3% | -5.8% |
每股收益（稀释后）PSTGROKU
| Q4 25 | $0.16 | $0.55 | ||
| Q3 25 | $0.14 | $0.16 | ||
| Q2 25 | $-0.04 | $0.07 | ||
| Q1 25 | $0.13 | $-0.19 | ||
| Q4 24 | $0.19 | $-0.24 | ||
| Q3 24 | $0.10 | $-0.06 | ||
| Q2 24 | $-0.11 | $-0.24 | ||
| Q1 24 | $0.22 | $-0.35 |
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 | $852.8M | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $2.7B |
| 总资产 | $4.2B | $4.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PSTGROKU
| Q4 25 | $852.8M | $2.3B | ||
| Q3 25 | $887.8M | $2.3B | ||
| Q2 25 | $739.3M | $2.3B | ||
| Q1 25 | $723.6M | $2.3B | ||
| Q4 24 | $894.6M | $2.2B | ||
| Q3 24 | $965.0M | $2.1B | ||
| Q2 24 | $900.6M | $2.1B | ||
| Q1 24 | $702.5M | $2.1B |
股东权益PSTGROKU
| Q4 25 | $1.4B | $2.7B | ||
| Q3 25 | $1.3B | $2.6B | ||
| Q2 25 | $1.2B | $2.6B | ||
| Q1 25 | $1.3B | $2.5B | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $1.5B | $2.5B | ||
| Q2 24 | $1.4B | $2.4B | ||
| Q1 24 | $1.3B | $2.4B |
总资产PSTGROKU
| Q4 25 | $4.2B | $4.4B | ||
| Q3 25 | $4.0B | $4.4B | ||
| Q2 25 | $3.8B | $4.3B | ||
| Q1 25 | $4.0B | $4.2B | ||
| Q4 24 | $3.9B | $4.3B | ||
| Q3 24 | $3.8B | $4.3B | ||
| Q2 24 | $3.6B | $4.1B | ||
| Q1 24 | $3.7B | $4.2B |
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 | $116.0M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $52.6M | $106.6M |
| 自由现金流率自由现金流/营收 | 5.5% | 7.6% |
| 资本支出强度资本支出/营收 | 6.6% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.12× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $566.7M | $478.4M |
8季度趋势，按日历期对齐
经营现金流PSTGROKU
| Q4 25 | $116.0M | $107.7M | ||
| Q3 25 | $212.2M | $127.6M | ||
| Q2 25 | $283.9M | $109.7M | ||
| Q1 25 | $208.5M | $138.7M | ||
| Q4 24 | $97.0M | $79.3M | ||
| Q3 24 | $226.6M | $68.7M | ||
| Q2 24 | $221.5M | $23.4M | ||
| Q1 24 | $244.4M | $46.7M |
自由现金流PSTGROKU
| Q4 25 | $52.6M | $106.6M | ||
| Q3 25 | $150.1M | $126.5M | ||
| Q2 25 | $211.6M | $108.6M | ||
| Q1 25 | $152.4M | $136.8M | ||
| Q4 24 | $35.2M | $76.8M | ||
| Q3 24 | $166.6M | $67.6M | ||
| Q2 24 | $172.7M | $22.5M | ||
| Q1 24 | $200.9M | $46.0M |
自由现金流率PSTGROKU
| Q4 25 | 5.5% | 7.6% | ||
| Q3 25 | 17.4% | 10.4% | ||
| Q2 25 | 27.2% | 9.8% | ||
| Q1 25 | 17.3% | 13.4% | ||
| Q4 24 | 4.2% | 6.4% | ||
| Q3 24 | 21.8% | 6.4% | ||
| Q2 24 | 24.9% | 2.3% | ||
| Q1 24 | 25.4% | 5.2% |
资本支出强度PSTGROKU
| Q4 25 | 6.6% | 0.1% | ||
| Q3 25 | 7.2% | 0.1% | ||
| Q2 25 | 9.3% | 0.1% | ||
| Q1 25 | 6.4% | 0.2% | ||
| Q4 24 | 7.4% | 0.2% | ||
| Q3 24 | 7.9% | 0.1% | ||
| Q2 24 | 7.0% | 0.1% | ||
| Q1 24 | 5.5% | 0.1% |
现金转化率PSTGROKU
| Q4 25 | 2.12× | 1.34× | ||
| Q3 25 | 4.50× | 5.14× | ||
| Q2 25 | — | 10.45× | ||
| Q1 25 | 4.91× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 6.35× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.74× | — |
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
PSTG
| US | $683.2M | 71% |
| Non Us | $281.3M | 29% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
