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RESIDEO TECHNOLOGIES, INC.（REZI）与Atlassian Corp（TEAM）财务数据对比。点击上方公司名可切换其他公司
RESIDEO TECHNOLOGIES, INC.的季度营收约是Atlassian Corp的1.2倍（$1.9B vs $1.6B），RESIDEO TECHNOLOGIES, INC.净利率更高（7.2% vs -2.7%，领先9.9%），Atlassian Corp同比增速更快（23.3% vs 2.0%），RESIDEO TECHNOLOGIES, INC.自由现金流更多（$262.0M vs $168.5M）
Resideo Technologies是2018年从霍尼韦尔分拆成立的美国跨国企业，主营住宅场景的温控、空气质量调节、湿度控制及安防系统，业务覆盖美国及全球市场。公司下设产品、分销两大业务板块，生产销售温度照明控制、安防、水气监测等智能家居硬件及配套软件产品。
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。
REZI vs TEAM — 直观对比
营收规模更大
REZI
是对方的1.2倍
$1.6B
营收增速更快
TEAM
高出21.3%
2.0%
净利率更高
REZI
高出9.9%
-2.7%
自由现金流更多
REZI
多$93.5M
$168.5M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.6B |
| 净利润 | $136.0M | $-42.6M |
| 毛利率 | 29.6% | 85.0% |
| 营业利润率 | 7.4% | -3.0% |
| 净利率 | 7.2% | -2.7% |
| 营收同比 | 2.0% | 23.3% |
| 净利润同比 | 491.3% | -11.6% |
| 每股收益（稀释后） | $0.99 | $-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REZITEAM
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.5B | $1.2B |
净利润REZITEAM
| Q4 25 | $136.0M | $-42.6M | ||
| Q3 25 | $156.0M | $-51.9M | ||
| Q2 25 | $-825.0M | $-23.9M | ||
| Q1 25 | $6.0M | $-70.8M | ||
| Q4 24 | $23.0M | $-38.2M | ||
| Q3 24 | $20.0M | $-123.8M | ||
| Q2 24 | $30.0M | — | ||
| Q1 24 | $43.0M | $12.8M |
毛利率REZITEAM
| Q4 25 | 29.6% | 85.0% | ||
| Q3 25 | 29.8% | 82.0% | ||
| Q2 25 | 29.3% | 83.1% | ||
| Q1 25 | 28.9% | 83.8% | ||
| Q4 24 | 28.5% | 82.7% | ||
| Q3 24 | 28.7% | 81.7% | ||
| Q2 24 | 28.1% | — | ||
| Q1 24 | 26.9% | 82.1% |
营业利润率REZITEAM
| Q4 25 | 7.4% | -3.0% | ||
| Q3 25 | 8.3% | -6.7% | ||
| Q2 25 | 9.1% | -2.1% | ||
| Q1 25 | 7.7% | -0.9% | ||
| Q4 24 | 7.8% | -4.5% | ||
| Q3 24 | 6.9% | -2.7% | ||
| Q2 24 | 7.7% | — | ||
| Q1 24 | 8.6% | 1.5% |
净利率REZITEAM
| Q4 25 | 7.2% | -2.7% | ||
| Q3 25 | 8.4% | -3.6% | ||
| Q2 25 | -42.5% | -1.7% | ||
| Q1 25 | 0.3% | -5.2% | ||
| Q4 24 | 1.2% | -3.0% | ||
| Q3 24 | 1.1% | -10.4% | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 2.9% | 1.1% |
每股收益（稀释后）REZITEAM
| Q4 25 | $0.99 | $-0.16 | ||
| Q3 25 | $0.85 | $-0.20 | ||
| Q2 25 | $-5.59 | $-0.08 | ||
| Q1 25 | $-0.02 | $-0.27 | ||
| Q4 24 | $0.06 | $-0.15 | ||
| Q3 24 | $0.07 | $-0.48 | ||
| Q2 24 | $0.19 | — | ||
| Q1 24 | $0.29 | $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 | $661.0M | $1.6B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.9B | $1.6B |
| 总资产 | $8.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资REZITEAM
| Q4 25 | $661.0M | $1.6B | ||
| Q3 25 | $345.0M | $2.8B | ||
| Q2 25 | $753.0M | $2.9B | ||
| Q1 25 | $577.0M | $3.0B | ||
| Q4 24 | $692.0M | $2.5B | ||
| Q3 24 | $531.0M | $2.2B | ||
| Q2 24 | $413.0M | — | ||
| Q1 24 | $603.0M | $2.1B |
总债务REZITEAM
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $1.4B | — |
股东权益REZITEAM
| Q4 25 | $2.9B | $1.6B | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.6B | $1.3B | ||
| Q1 25 | $3.3B | $1.4B | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $3.4B | $1.0B | ||
| Q2 24 | $3.3B | — | ||
| Q1 24 | $2.8B | $1.1B |
总资产REZITEAM
| Q4 25 | $8.4B | $6.2B | ||
| Q3 25 | $8.2B | $5.7B | ||
| Q2 25 | $8.5B | $6.0B | ||
| Q1 25 | $8.1B | $5.9B | ||
| Q4 24 | $8.2B | $5.4B | ||
| Q3 24 | $8.1B | $5.0B | ||
| Q2 24 | $8.0B | — | ||
| Q1 24 | $6.5B | $5.1B |
负债/权益比REZITEAM
| Q4 25 | 1.11× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.60× | — | ||
| Q2 24 | 0.61× | — | ||
| Q1 24 | 0.51× | — |
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 | $299.0M | $177.8M |
| 自由现金流经营现金流 - 资本支出 | $262.0M | $168.5M |
| 自由现金流率自由现金流/营收 | 13.8% | 10.6% |
| 资本支出强度资本支出/营收 | 2.0% | 0.6% |
| 现金转化率经营现金流/净利润 | 2.20× | — |
| 过去12个月自由现金流最近4个季度 | $-1.3B | $1.3B |
8季度趋势，按日历期对齐
经营现金流REZITEAM
| Q4 25 | $299.0M | $177.8M | ||
| Q3 25 | $-1.6B | $128.7M | ||
| Q2 25 | $200.0M | $375.3M | ||
| Q1 25 | $-65.0M | $652.7M | ||
| Q4 24 | $203.0M | $351.9M | ||
| Q3 24 | $147.0M | $80.5M | ||
| Q2 24 | $92.0M | — | ||
| Q1 24 | $2.0M | $565.4M |
自由现金流REZITEAM
| Q4 25 | $262.0M | $168.5M | ||
| Q3 25 | $-1.6B | $114.6M | ||
| Q2 25 | $180.0M | $360.3M | ||
| Q1 25 | $-96.0M | $638.3M | ||
| Q4 24 | $181.0M | $342.6M | ||
| Q3 24 | $125.0M | $74.3M | ||
| Q2 24 | $77.0M | — | ||
| Q1 24 | $-19.0M | $554.9M |
自由现金流率REZITEAM
| Q4 25 | 13.8% | 10.6% | ||
| Q3 25 | -85.8% | 8.0% | ||
| Q2 25 | 9.3% | 26.0% | ||
| Q1 25 | -5.4% | 47.0% | ||
| Q4 24 | 9.7% | 26.6% | ||
| Q3 24 | 6.8% | 6.3% | ||
| Q2 24 | 4.8% | — | ||
| Q1 24 | -1.3% | 46.7% |
资本支出强度REZITEAM
| Q4 25 | 2.0% | 0.6% | ||
| Q3 25 | 1.5% | 1.0% | ||
| Q2 25 | 1.0% | 1.1% | ||
| Q1 25 | 1.8% | 1.1% | ||
| Q4 24 | 1.2% | 0.7% | ||
| Q3 24 | 1.2% | 0.5% | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 1.4% | 0.9% |
现金转化率REZITEAM
| Q4 25 | 2.20× | — | ||
| Q3 25 | -10.07× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -10.83× | — | ||
| Q4 24 | 8.83× | — | ||
| Q3 24 | 7.35× | — | ||
| Q2 24 | 3.07× | — | ||
| Q1 24 | 0.05× | 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
REZI
| ADI Global Distribution Segment | $1.2B | 62% |
| Safety And Security | $257.0M | 14% |
| Air | $211.0M | 11% |
| Energy Service | $153.0M | 8% |
| Public Utilities Inventory Water | $91.0M | 5% |
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |
