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QUALYS, INC.（QLYS）与Tilray Brands, Inc.（TLRY）财务数据对比。点击上方公司名可切换其他公司
Tilray Brands, Inc.的季度营收约是QUALYS, INC.的1.2倍（$217.5M vs $175.3M），QUALYS, INC.净利率更高（30.3% vs -20.7%，领先51.0%），QUALYS, INC.同比增速更快（10.1% vs 3.1%），过去两年QUALYS, INC.的营收复合增速更高（9.6% vs 7.5%）
Qualys是总部位于美国加利福尼亚州福斯特城的科技企业，专注于云安全、合规管理及相关服务，为客户提供覆盖云环境的安全防护与合规解决方案，助力企业应对各类网络安全风险，满足不同行业的合规运营需求。
Tilray Brands, Inc.是一家美国企业，主营医药、大麻生活方式产品以及包装消费品业务，公司注册于美国，总部坐落于纽约。该公司在加拿大、澳大利亚、新西兰、拉美地区均开展业务，同时在德国和葡萄牙拥有大麻种植基地。
QLYS vs TLRY — 直观对比
营收规模更大
TLRY
是对方的1.2倍
$175.3M
营收增速更快
QLYS
高出7.0%
3.1%
净利率更高
QLYS
高出51.0%
-20.7%
两年增速更快
QLYS
近两年复合增速
7.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $175.3M | $217.5M |
| 净利润 | $53.1M | $-44.9M |
| 毛利率 | 83.4% | 26.4% |
| 营业利润率 | 33.6% | -10.2% |
| 净利率 | 30.3% | -20.7% |
| 营收同比 | 10.1% | 3.1% |
| 净利润同比 | 20.9% | 47.4% |
| 每股收益（稀释后） | $1.47 | $-0.41 |
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QLYSTLRY
| Q4 25 | $175.3M | $217.5M | ||
| Q3 25 | $169.9M | $209.5M | ||
| Q2 25 | $164.1M | $224.5M | ||
| Q1 25 | $159.9M | $185.8M | ||
| Q4 24 | $159.2M | $210.9M | ||
| Q3 24 | $153.9M | $200.0M | ||
| Q2 24 | $148.7M | $229.9M | ||
| Q1 24 | $145.8M | $188.3M |
净利润QLYSTLRY
| Q4 25 | $53.1M | $-44.9M | ||
| Q3 25 | $50.3M | $-322.0K | ||
| Q2 25 | $47.3M | $-1.3B | ||
| Q1 25 | $47.5M | $-789.4M | ||
| Q4 24 | $44.0M | $-85.3M | ||
| Q3 24 | $46.2M | $-39.2M | ||
| Q2 24 | $43.8M | $-31.7M | ||
| Q1 24 | $39.7M | $-92.7M |
毛利率QLYSTLRY
| Q4 25 | 83.4% | 26.4% | ||
| Q3 25 | 83.6% | 27.4% | ||
| Q2 25 | 82.4% | 30.1% | ||
| Q1 25 | 81.9% | 28.0% | ||
| Q4 24 | 81.8% | 29.0% | ||
| Q3 24 | 81.3% | 29.8% | ||
| Q2 24 | 82.2% | 35.8% | ||
| Q1 24 | 81.3% | 26.2% |
营业利润率QLYSTLRY
| Q4 25 | 33.6% | -10.2% | ||
| Q3 25 | 35.3% | 1.0% | ||
| Q2 25 | 31.3% | -643.1% | ||
| Q1 25 | 32.4% | -409.0% | ||
| Q4 24 | 31.0% | -20.0% | ||
| Q3 24 | 29.2% | -18.3% | ||
| Q2 24 | 32.3% | -7.2% | ||
| Q1 24 | 30.7% | -43.6% |
净利率QLYSTLRY
| Q4 25 | 30.3% | -20.7% | ||
| Q3 25 | 29.6% | -0.2% | ||
| Q2 25 | 28.8% | -566.9% | ||
| Q1 25 | 29.7% | -424.9% | ||
| Q4 24 | 27.6% | -40.5% | ||
| Q3 24 | 30.0% | -19.6% | ||
| Q2 24 | 29.4% | -13.8% | ||
| Q1 24 | 27.2% | -49.2% |
每股收益（稀释后）QLYSTLRY
| Q4 25 | $1.47 | $-0.41 | ||
| Q3 25 | $1.39 | $0.00 | ||
| Q2 25 | $1.29 | $7.26 | ||
| Q1 25 | $1.29 | $-8.69 | ||
| Q4 24 | $1.19 | $-0.99 | ||
| Q3 24 | $1.24 | $-0.04 | ||
| Q2 24 | $1.17 | $-0.04 | ||
| Q1 24 | $1.05 | $-0.12 |
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 | $250.3M | $291.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $561.2M | $1.6B |
| 总资产 | $1.1B | $2.1B |
| 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QLYSTLRY
| Q4 25 | $250.3M | $291.6M | ||
| Q3 25 | $225.3M | $264.8M | ||
| Q2 25 | $194.0M | $256.4M | ||
| Q1 25 | $290.7M | — | ||
| Q4 24 | $232.2M | $252.2M | ||
| Q3 24 | $235.4M | $280.1M | ||
| Q2 24 | $281.2M | $260.5M | ||
| Q1 24 | $273.8M | $225.9M |
股东权益QLYSTLRY
| Q4 25 | $561.2M | $1.6B | ||
| Q3 25 | $529.4M | $1.5B | ||
| Q2 25 | $508.2M | $1.5B | ||
| Q1 25 | $498.0M | $2.7B | ||
| Q4 24 | $477.1M | $3.5B | ||
| Q3 24 | $449.6M | $3.5B | ||
| Q2 24 | $427.8M | $3.4B | ||
| Q1 24 | $404.2M | $3.4B |
总资产QLYSTLRY
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $999.5M | $2.1B | ||
| Q1 25 | $996.5M | — | ||
| Q4 24 | $973.5M | $4.2B | ||
| Q3 24 | $908.3M | $4.3B | ||
| Q2 24 | $876.6M | $4.2B | ||
| Q1 24 | $861.8M | $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 | $75.7M | $-8.5M |
| 自由现金流经营现金流 - 资本支出 | $74.9M | — |
| 自由现金流率自由现金流/营收 | 42.8% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $304.4M | — |
8季度趋势，按日历期对齐
经营现金流QLYSTLRY
| Q4 25 | $75.7M | $-8.5M | ||
| Q3 25 | $90.4M | $-1.3M | ||
| Q2 25 | $33.8M | $-12.8M | ||
| Q1 25 | $109.6M | $-5.8M | ||
| Q4 24 | $47.7M | $-40.7M | ||
| Q3 24 | $61.0M | $-35.3M | ||
| Q2 24 | $49.8M | $30.7M | ||
| Q1 24 | $85.5M | $-15.4M |
自由现金流QLYSTLRY
| Q4 25 | $74.9M | — | ||
| Q3 25 | $89.5M | — | ||
| Q2 25 | $32.4M | $-19.1M | ||
| Q1 25 | $107.5M | $-20.2M | ||
| Q4 24 | $41.9M | $-46.2M | ||
| Q3 24 | $57.6M | $-42.0M | ||
| Q2 24 | $48.8M | $21.0M | ||
| Q1 24 | $83.5M | $-24.9M |
自由现金流率QLYSTLRY
| Q4 25 | 42.8% | — | ||
| Q3 25 | 52.7% | — | ||
| Q2 25 | 19.8% | -8.5% | ||
| Q1 25 | 67.3% | -10.9% | ||
| Q4 24 | 26.3% | -21.9% | ||
| Q3 24 | 37.4% | -21.0% | ||
| Q2 24 | 32.8% | 9.1% | ||
| Q1 24 | 57.2% | -13.2% |
资本支出强度QLYSTLRY
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.8% | 2.8% | ||
| Q1 25 | 1.3% | 7.8% | ||
| Q4 24 | 3.7% | 2.6% | ||
| Q3 24 | 2.2% | 3.4% | ||
| Q2 24 | 0.7% | 4.2% | ||
| Q1 24 | 1.4% | 5.1% |
现金转化率QLYSTLRY
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 2.31× | — | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | 1.32× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 2.15× | — |
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
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
TLRY
| Adultuse Cannabis Products | $62.4M | 29% |
| Other | $59.2M | 27% |
| Beverage Alcohol Business | $53.6M | 25% |
| International Cannabis Products | $20.2M | 9% |
| Wellness Business | $14.6M | 7% |
| Medical Cannabis Products | $6.2M | 3% |
| Wholesale Cannabis Products | $1.3M | 1% |
