vs
Rackspace Technology, Inc.（RXT）与TRINET GROUP, INC.（TNET）财务数据对比。点击上方公司名可切换其他公司
TRINET GROUP, INC.的季度营收约是Rackspace Technology, Inc.的1.8倍（$1.2B vs $682.8M），Rackspace Technology, Inc.同比增速更快（-0.4% vs -2.2%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $43.0M），过去两年Rackspace Technology, Inc.的营收复合增速更高（-0.6% vs -0.6%）
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。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
RXT vs TNET — 直观对比
营收规模更大
TNET
是对方的1.8倍
$682.8M
营收增速更快
RXT
高出1.8%
-2.2%
自由现金流更多
RXT
多$13.0M
$43.0M
两年增速更快
RXT
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $682.8M | $1.2B |
| 净利润 | $-32.7M | — |
| 毛利率 | 17.6% | — |
| 营业利润率 | -0.5% | 0.1% |
| 净利率 | -4.8% | — |
| 营收同比 | -0.4% | -2.2% |
| 净利润同比 | 41.6% | — |
| 每股收益（稀释后） | $-0.13 | $0.02 |
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RXTTNET
| Q4 25 | $682.8M | $1.2B | ||
| Q3 25 | $671.2M | $1.2B | ||
| Q2 25 | $666.3M | $1.2B | ||
| Q1 25 | $665.4M | $1.3B | ||
| Q4 24 | $685.6M | $1.3B | ||
| Q3 24 | $675.8M | $1.2B | ||
| Q2 24 | $684.9M | $1.2B | ||
| Q1 24 | $690.8M | $1.3B |
净利润RXTTNET
| Q4 25 | $-32.7M | — | ||
| Q3 25 | $-67.1M | $34.0M | ||
| Q2 25 | $-54.5M | $37.0M | ||
| Q1 25 | $-71.5M | $85.0M | ||
| Q4 24 | $-56.0M | — | ||
| Q3 24 | $-186.6M | $45.0M | ||
| Q2 24 | $25.0M | $60.0M | ||
| Q1 24 | $-640.6M | $91.0M |
毛利率RXTTNET
| Q4 25 | 17.6% | — | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 19.2% | — |
营业利润率RXTTNET
| Q4 25 | -0.5% | 0.1% | ||
| Q3 25 | -5.1% | 4.1% | ||
| Q2 25 | -3.8% | 4.1% | ||
| Q1 25 | -5.8% | 8.9% | ||
| Q4 24 | -4.2% | -2.9% | ||
| Q3 24 | -25.7% | 4.7% | ||
| Q2 24 | -7.9% | 6.5% | ||
| Q1 24 | -94.5% | 9.7% |
净利率RXTTNET
| Q4 25 | -4.8% | — | ||
| Q3 25 | -10.0% | 2.8% | ||
| Q2 25 | -8.2% | 3.0% | ||
| Q1 25 | -10.7% | 6.6% | ||
| Q4 24 | -8.2% | — | ||
| Q3 24 | -27.6% | 3.6% | ||
| Q2 24 | 3.7% | 4.9% | ||
| Q1 24 | -92.7% | 7.2% |
每股收益（稀释后）RXTTNET
| Q4 25 | $-0.13 | $0.02 | ||
| Q3 25 | $-0.28 | $0.70 | ||
| Q2 25 | $-0.23 | $0.77 | ||
| Q1 25 | $-0.31 | $1.71 | ||
| Q4 24 | $-0.20 | $-0.44 | ||
| Q3 24 | $-0.82 | $0.89 | ||
| Q2 24 | $0.11 | $1.20 | ||
| Q1 24 | $-2.91 | $1.78 |
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 | $105.8M | $287.0M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $-1.2B | $54.0M |
| 总资产 | $2.8B | $3.8B |
| 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RXTTNET
| Q4 25 | $105.8M | $287.0M | ||
| Q3 25 | $99.5M | $321.0M | ||
| Q2 25 | $103.9M | $407.0M | ||
| Q1 25 | $128.0M | $349.0M | ||
| Q4 24 | $144.0M | $360.0M | ||
| Q3 24 | $157.1M | $301.0M | ||
| Q2 24 | $190.2M | $249.0M | ||
| Q1 24 | $282.6M | $383.0M |
总债务RXTTNET
| 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RXTTNET
| Q4 25 | $-1.2B | $54.0M | ||
| Q3 25 | $-1.2B | $110.0M | ||
| Q2 25 | $-1.1B | $107.0M | ||
| Q1 25 | $-1.1B | $63.0M | ||
| Q4 24 | $-1.0B | $69.0M | ||
| Q3 24 | $-949.7M | $129.0M | ||
| Q2 24 | $-756.2M | $100.0M | ||
| Q1 24 | $-787.2M | $143.0M |
总资产RXTTNET
| Q4 25 | $2.8B | $3.8B | ||
| Q3 25 | $2.8B | $3.4B | ||
| Q2 25 | $2.9B | $3.7B | ||
| Q1 25 | $3.0B | $3.8B | ||
| Q4 24 | $3.1B | $4.1B | ||
| Q3 24 | $3.1B | $3.7B | ||
| Q2 24 | $3.4B | $3.7B | ||
| Q1 24 | $3.5B | $4.0B |
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 | $59.7M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $56.0M | $43.0M |
| 自由现金流率自由现金流/营收 | 8.2% | 3.4% |
| 资本支出强度资本支出/营收 | 0.5% | 1.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $90.6M | $234.0M |
8季度趋势，按日历期对齐
经营现金流RXTTNET
| Q4 25 | $59.7M | $61.0M | ||
| Q3 25 | $70.7M | $72.0M | ||
| Q2 25 | $8.4M | $75.0M | ||
| Q1 25 | $12.6M | $95.0M | ||
| Q4 24 | $54.3M | $65.0M | ||
| Q3 24 | $51.8M | $84.0M | ||
| Q2 24 | $24.1M | $39.0M | ||
| Q1 24 | $-90.3M | $91.0M |
自由现金流RXTTNET
| Q4 25 | $56.0M | $43.0M | ||
| Q3 25 | $42.7M | $55.0M | ||
| Q2 25 | $-12.4M | $57.0M | ||
| Q1 25 | $4.3M | $79.0M | ||
| Q4 24 | $34.4M | $47.0M | ||
| Q3 24 | $27.3M | $59.0M | ||
| Q2 24 | $-14.5M | $22.0M | ||
| Q1 24 | $-118.4M | $73.0M |
自由现金流率RXTTNET
| Q4 25 | 8.2% | 3.4% | ||
| Q3 25 | 6.4% | 4.5% | ||
| Q2 25 | -1.9% | 4.6% | ||
| Q1 25 | 0.6% | 6.1% | ||
| Q4 24 | 5.0% | 3.7% | ||
| Q3 24 | 4.0% | 4.8% | ||
| Q2 24 | -2.1% | 1.8% | ||
| Q1 24 | -17.1% | 5.8% |
资本支出强度RXTTNET
| Q4 25 | 0.5% | 1.4% | ||
| Q3 25 | 4.2% | 1.4% | ||
| Q2 25 | 3.1% | 1.5% | ||
| Q1 25 | 1.2% | 1.2% | ||
| Q4 24 | 2.9% | 1.4% | ||
| Q3 24 | 3.6% | 2.0% | ||
| Q2 24 | 5.6% | 1.4% | ||
| Q1 24 | 4.1% | 1.4% |
现金转化率RXTTNET
| Q4 25 | — | — | ||
| Q3 25 | — | 2.12× | ||
| Q2 25 | — | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | 0.96× | 0.65× | ||
| Q1 24 | — | 1.00× |
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
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
