vs
瑞思迈（RMD）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
瑞思迈的季度营收约是Snowflake Inc.的1.2倍（$1.4B vs $1.2B），瑞思迈净利率更高（27.6% vs -24.2%，领先51.8%），Snowflake Inc.同比增速更快（28.7% vs 11.0%），瑞思迈自由现金流更多（$311.2M vs $113.6M），过去两年Snowflake Inc.的营收复合增速更高（25.1% vs 9.0%）
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
RMD vs SNOW — 直观对比
营收规模更大
RMD
是对方的1.2倍
$1.2B
营收增速更快
SNOW
高出17.8%
11.0%
净利率更高
RMD
高出51.8%
-24.2%
自由现金流更多
RMD
多$197.6M
$113.6M
两年增速更快
SNOW
近两年复合增速
9.0%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $392.6M | $-294.0M |
| 毛利率 | 61.8% | 67.8% |
| 营业利润率 | 34.6% | -27.2% |
| 净利率 | 27.6% | -24.2% |
| 营收同比 | 11.0% | 28.7% |
| 净利润同比 | 13.9% | 9.4% |
| 每股收益（稀释后） | $2.68 | $-0.87 |
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RMDSNOW
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.3B | $986.8M | ||
| Q4 24 | $1.3B | $942.1M | ||
| Q3 24 | $1.2B | $868.8M | ||
| Q2 24 | $1.2B | $828.7M | ||
| Q1 24 | $1.2B | $774.7M |
净利润RMDSNOW
| Q4 25 | $392.6M | $-294.0M | ||
| Q3 25 | $348.5M | $-298.0M | ||
| Q2 25 | $379.7M | $-430.1M | ||
| Q1 25 | $365.0M | $-327.5M | ||
| Q4 24 | $344.6M | $-324.3M | ||
| Q3 24 | $311.4M | $-316.9M | ||
| Q2 24 | $292.2M | $-317.0M | ||
| Q1 24 | $300.5M | $-169.4M |
毛利率RMDSNOW
| Q4 25 | 61.8% | 67.8% | ||
| Q3 25 | 61.5% | 67.5% | ||
| Q2 25 | 60.8% | 66.5% | ||
| Q1 25 | 59.3% | 66.2% | ||
| Q4 24 | 58.6% | 65.9% | ||
| Q3 24 | 58.6% | 66.8% | ||
| Q2 24 | 58.5% | 67.1% | ||
| Q1 24 | 57.9% | 68.8% |
营业利润率RMDSNOW
| Q4 25 | 34.6% | -27.2% | ||
| Q3 25 | 33.4% | -29.7% | ||
| Q2 25 | 33.7% | -42.9% | ||
| Q1 25 | 33.0% | -39.2% | ||
| Q4 24 | 32.5% | -38.8% | ||
| Q3 24 | 31.6% | -40.9% | ||
| Q2 24 | 31.2% | -42.1% | ||
| Q1 24 | 31.3% | -35.6% |
净利率RMDSNOW
| Q4 25 | 27.6% | -24.2% | ||
| Q3 25 | 26.1% | -26.0% | ||
| Q2 25 | 28.2% | -41.3% | ||
| Q1 25 | 28.3% | -33.2% | ||
| Q4 24 | 26.9% | -34.4% | ||
| Q3 24 | 25.4% | -36.5% | ||
| Q2 24 | 23.9% | -38.3% | ||
| Q1 24 | 25.1% | -21.9% |
每股收益（稀释后）RMDSNOW
| Q4 25 | $2.68 | $-0.87 | ||
| Q3 25 | $2.37 | $-0.89 | ||
| Q2 25 | $2.58 | $-1.29 | ||
| Q1 25 | $2.48 | $-0.98 | ||
| Q4 24 | $2.34 | $-0.98 | ||
| Q3 24 | $2.11 | $-0.95 | ||
| Q2 24 | $1.97 | $-0.95 | ||
| Q1 24 | $2.04 | $-0.51 |
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 | $1.4B | $1.9B |
| 总债务越低越好 | $403.9M | — |
| 股东权益账面价值 | $6.3B | $2.1B |
| 总资产 | $8.5B | $8.2B |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资RMDSNOW
| Q4 25 | $1.4B | $1.9B | ||
| Q3 25 | $1.4B | $1.9B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $932.7M | $2.6B | ||
| Q4 24 | $521.9M | $2.1B | ||
| Q3 24 | $426.4M | $1.3B | ||
| Q2 24 | $238.4M | $1.3B | ||
| Q1 24 | $237.9M | $1.8B |
总债务RMDSNOW
| Q4 25 | $403.9M | — | ||
| Q3 25 | $408.7M | — | ||
| Q2 25 | $658.4M | — | ||
| Q1 25 | $663.1M | — | ||
| Q4 24 | $662.9M | — | ||
| Q3 24 | $667.6M | — | ||
| Q2 24 | $697.3M | — | ||
| Q1 24 | $997.0M | — |
股东权益RMDSNOW
| Q4 25 | $6.3B | $2.1B | ||
| Q3 25 | $6.1B | $2.4B | ||
| Q2 25 | $6.0B | $2.4B | ||
| Q1 25 | $5.5B | $3.0B | ||
| Q4 24 | $5.3B | $2.9B | ||
| Q3 24 | $5.2B | $4.1B | ||
| Q2 24 | $4.9B | $4.6B | ||
| Q1 24 | $4.6B | $5.2B |
总资产RMDSNOW
| Q4 25 | $8.5B | $8.2B | ||
| Q3 25 | $8.3B | $8.2B | ||
| Q2 25 | $8.2B | $8.2B | ||
| Q1 25 | $7.6B | $9.0B | ||
| Q4 24 | $7.1B | $8.2B | ||
| Q3 24 | $7.2B | $6.9B | ||
| Q2 24 | $6.9B | $7.3B | ||
| Q1 24 | $6.8B | $8.2B |
负债/权益比RMDSNOW
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.22× | — |
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 | $339.7M | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $311.2M | $113.6M |
| 自由现金流率自由现金流/营收 | 21.9% | 9.4% |
| 资本支出强度资本支出/营收 | 2.0% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.87× | — |
| 过去12个月自由现金流最近4个季度 | $1.8B | $776.7M |
8季度趋势，按日历期对齐
经营现金流RMDSNOW
| Q4 25 | $339.7M | $137.5M | ||
| Q3 25 | $457.3M | $74.9M | ||
| Q2 25 | $538.8M | $228.4M | ||
| Q1 25 | $578.7M | $432.7M | ||
| Q4 24 | $308.6M | $101.7M | ||
| Q3 24 | $325.5M | $69.9M | ||
| Q2 24 | $440.1M | $355.5M | ||
| Q1 24 | $402.0M | $344.6M |
自由现金流RMDSNOW
| Q4 25 | $311.2M | $113.6M | ||
| Q3 25 | $414.4M | $58.2M | ||
| Q2 25 | $508.2M | $183.4M | ||
| Q1 25 | $557.9M | $421.4M | ||
| Q4 24 | $288.0M | $88.3M | ||
| Q3 24 | $307.7M | $64.8M | ||
| Q2 24 | $415.2M | $338.9M | ||
| Q1 24 | $380.8M | $331.5M |
自由现金流率RMDSNOW
| Q4 25 | 21.9% | 9.4% | ||
| Q3 25 | 31.0% | 5.1% | ||
| Q2 25 | 37.7% | 17.6% | ||
| Q1 25 | 43.2% | 42.7% | ||
| Q4 24 | 22.5% | 9.4% | ||
| Q3 24 | 25.1% | 7.5% | ||
| Q2 24 | 33.9% | 40.9% | ||
| Q1 24 | 31.8% | 42.8% |
资本支出强度RMDSNOW
| Q4 25 | 2.0% | 2.0% | ||
| Q3 25 | 3.2% | 1.5% | ||
| Q2 25 | 2.3% | 4.3% | ||
| Q1 25 | 1.6% | 1.1% | ||
| Q4 24 | 1.6% | 1.4% | ||
| Q3 24 | 1.5% | 0.6% | ||
| Q2 24 | 2.0% | 2.0% | ||
| Q1 24 | 1.8% | 1.7% |
现金转化率RMDSNOW
| Q4 25 | 0.87× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 1.42× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 0.90× | — | ||
| Q3 24 | 1.05× | — | ||
| Q2 24 | 1.51× | — | ||
| Q1 24 | 1.34× | — |
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
RMD
| Sleep And Breathing Health | $1.3B | 88% |
| Residential Care Software | $166.9M | 12% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
