vs
RH（RH）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
RH的季度营收约是Rackspace Technology, Inc.的1.3倍（$883.8M vs $682.8M），RH净利率更高（4.1% vs -4.8%，领先8.9%），RH同比增速更快（8.9% vs -0.4%），RH自由现金流更多（$83.0M vs $56.0M），过去两年RH的营收复合增速更高（9.4% vs -0.6%）
RH是美国高端家居品牌，总部位于加利福尼亚州科尔特马德拉。品牌通过线下零售门店、产品目录和线上渠道发售家居商品，截至2018年8月，在美国和加拿大共运营70家展示馆、18家全系列设计展示馆、3家婴童家居展示馆，另有36家奥莱门店。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
RH vs RXT — 直观对比
营收规模更大
RH
是对方的1.3倍
$682.8M
营收增速更快
RH
高出9.3%
-0.4%
净利率更高
RH
高出8.9%
-4.8%
自由现金流更多
RH
多$27.0M
$56.0M
两年增速更快
RH
近两年复合增速
-0.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $883.8M | $682.8M |
| 净利润 | $36.3M | $-32.7M |
| 毛利率 | 44.1% | 17.6% |
| 营业利润率 | 12.0% | -0.5% |
| 净利率 | 4.1% | -4.8% |
| 营收同比 | 8.9% | -0.4% |
| 净利润同比 | 9.3% | 41.6% |
| 每股收益（稀释后） | $1.83 | $-0.13 |
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RHRXT
| Q4 25 | $883.8M | $682.8M | ||
| Q3 25 | $899.2M | $671.2M | ||
| Q2 25 | $814.0M | $666.3M | ||
| Q1 25 | $812.4M | $665.4M | ||
| Q4 24 | $811.7M | $685.6M | ||
| Q3 24 | $829.7M | $675.8M | ||
| Q2 24 | $727.0M | $684.9M | ||
| Q1 24 | $738.3M | $690.8M |
净利润RHRXT
| Q4 25 | $36.3M | $-32.7M | ||
| Q3 25 | $51.7M | $-67.1M | ||
| Q2 25 | $8.0M | $-54.5M | ||
| Q1 25 | $13.9M | $-71.5M | ||
| Q4 24 | $33.2M | $-56.0M | ||
| Q3 24 | $29.0M | $-186.6M | ||
| Q2 24 | $-3.6M | $25.0M | ||
| Q1 24 | $11.4M | $-640.6M |
毛利率RHRXT
| Q4 25 | 44.1% | 17.6% | ||
| Q3 25 | 45.5% | 19.4% | ||
| Q2 25 | 43.7% | 19.4% | ||
| Q1 25 | 44.7% | 19.1% | ||
| Q4 24 | 44.5% | 19.2% | ||
| Q3 24 | 45.2% | 20.3% | ||
| Q2 24 | 43.5% | 19.2% | ||
| Q1 24 | 43.5% | 19.2% |
营业利润率RHRXT
| Q4 25 | 12.0% | -0.5% | ||
| Q3 25 | 14.3% | -5.1% | ||
| Q2 25 | 6.9% | -3.8% | ||
| Q1 25 | 8.7% | -5.8% | ||
| Q4 24 | 12.5% | -4.2% | ||
| Q3 24 | 11.6% | -25.7% | ||
| Q2 24 | 7.5% | -7.9% | ||
| Q1 24 | 8.7% | -94.5% |
净利率RHRXT
| Q4 25 | 4.1% | -4.8% | ||
| Q3 25 | 5.8% | -10.0% | ||
| Q2 25 | 1.0% | -8.2% | ||
| Q1 25 | 1.7% | -10.7% | ||
| Q4 24 | 4.1% | -8.2% | ||
| Q3 24 | 3.5% | -27.6% | ||
| Q2 24 | -0.5% | 3.7% | ||
| Q1 24 | 1.5% | -92.7% |
每股收益（稀释后）RHRXT
| Q4 25 | $1.83 | $-0.13 | ||
| Q3 25 | $2.62 | $-0.28 | ||
| Q2 25 | $0.40 | $-0.23 | ||
| Q1 25 | $0.71 | $-0.31 | ||
| Q4 24 | $1.66 | $-0.20 | ||
| Q3 24 | $1.45 | $-0.82 | ||
| Q2 24 | $-0.20 | $0.11 | ||
| Q1 24 | $0.91 | $-2.91 |
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 | $43.1M | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $3.3M | $-1.2B |
| 总资产 | $4.8B | $2.8B |
| 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RHRXT
| Q4 25 | $43.1M | $105.8M | ||
| Q3 25 | $34.6M | $99.5M | ||
| Q2 25 | $46.1M | $103.9M | ||
| Q1 25 | $30.4M | $128.0M | ||
| Q4 24 | $87.0M | $144.0M | ||
| Q3 24 | $78.3M | $157.1M | ||
| Q2 24 | $101.8M | $190.2M | ||
| Q1 24 | $123.7M | $282.6M |
总债务RHRXT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益RHRXT
| Q4 25 | $3.3M | $-1.2B | ||
| Q3 25 | $-40.9M | $-1.2B | ||
| Q2 25 | $-110.8M | $-1.1B | ||
| Q1 25 | $-163.6M | $-1.1B | ||
| Q4 24 | $-183.0M | $-1.0B | ||
| Q3 24 | $-234.7M | $-949.7M | ||
| Q2 24 | $-289.9M | $-756.2M | ||
| Q1 24 | $-297.4M | $-787.2M |
总资产RHRXT
| Q4 25 | $4.8B | $2.8B | ||
| Q3 25 | $4.7B | $2.8B | ||
| Q2 25 | $4.7B | $2.9B | ||
| Q1 25 | $4.6B | $3.0B | ||
| Q4 24 | $4.5B | $3.1B | ||
| Q3 24 | $4.4B | $3.1B | ||
| Q2 24 | $4.2B | $3.4B | ||
| Q1 24 | $4.1B | $3.5B |
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 | $131.9M | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $83.0M | $56.0M |
| 自由现金流率自由现金流/营收 | 9.4% | 8.2% |
| 资本支出强度资本支出/营收 | 5.5% | 0.5% |
| 现金转化率经营现金流/净利润 | 3.64× | — |
| 过去12个月自由现金流最近4个季度 | $128.1M | $90.6M |
8季度趋势，按日历期对齐
经营现金流RHRXT
| Q4 25 | $131.9M | $59.7M | ||
| Q3 25 | $137.7M | $70.7M | ||
| Q2 25 | $86.6M | $8.4M | ||
| Q1 25 | $-18.8M | $12.6M | ||
| Q4 24 | $-31.4M | $54.3M | ||
| Q3 24 | $11.2M | $51.8M | ||
| Q2 24 | $56.1M | $24.1M | ||
| Q1 24 | $-114.0M | $-90.3M |
自由现金流RHRXT
| Q4 25 | $83.0M | $56.0M | ||
| Q3 25 | $80.7M | $42.7M | ||
| Q2 25 | $34.1M | $-12.4M | ||
| Q1 25 | $-69.7M | $4.3M | ||
| Q4 24 | $-96.0M | $34.4M | ||
| Q3 24 | $-37.9M | $27.3M | ||
| Q2 24 | $-10.1M | $-14.5M | ||
| Q1 24 | $-251.5M | $-118.4M |
自由现金流率RHRXT
| Q4 25 | 9.4% | 8.2% | ||
| Q3 25 | 9.0% | 6.4% | ||
| Q2 25 | 4.2% | -1.9% | ||
| Q1 25 | -8.6% | 0.6% | ||
| Q4 24 | -11.8% | 5.0% | ||
| Q3 24 | -4.6% | 4.0% | ||
| Q2 24 | -1.4% | -2.1% | ||
| Q1 24 | -34.1% | -17.1% |
资本支出强度RHRXT
| Q4 25 | 5.5% | 0.5% | ||
| Q3 25 | 6.3% | 4.2% | ||
| Q2 25 | 6.5% | 3.1% | ||
| Q1 25 | 6.3% | 1.2% | ||
| Q4 24 | 8.0% | 2.9% | ||
| Q3 24 | 5.9% | 3.6% | ||
| Q2 24 | 9.1% | 5.6% | ||
| Q1 24 | 18.6% | 4.1% |
现金转化率RHRXT
| Q4 25 | 3.64× | — | ||
| Q3 25 | 2.66× | — | ||
| Q2 25 | 10.78× | — | ||
| Q1 25 | -1.35× | — | ||
| Q4 24 | -0.95× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | -10.01× | — |
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
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
