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Atlassian Corp（TEAM）与Ventas（VTR）财务数据对比。点击上方公司名可切换其他公司
Ventas的季度营收约是Atlassian Corp的1.0倍（$1.7B vs $1.6B），Ventas净利率更高（3.6% vs -2.7%，领先6.3%），Atlassian Corp同比增速更快（23.3% vs 22.0%）
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。
Ventas是一家领先的医疗地产投资信托企业，旗下资产涵盖养老社区、医疗办公楼、生命科学研究设施及康复医疗中心等，主要在北美、英国地区运营，为医疗服务及生命科学机构提供专业物业解决方案。
TEAM vs VTR — 直观对比
营收规模更大
VTR
是对方的1.0倍
$1.6B
营收增速更快
TEAM
高出1.3%
22.0%
净利率更高
VTR
高出6.3%
-2.7%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.7B |
| 净利润 | $-42.6M | $59.0M |
| 毛利率 | 85.0% | — |
| 营业利润率 | -3.0% | — |
| 净利率 | -2.7% | 3.6% |
| 营收同比 | 23.3% | 22.0% |
| 净利润同比 | -11.6% | 19.0% |
| 每股收益（稀释后） | $-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TEAMVTR
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.6B | $1.6B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | — | $1.2B |
净利润TEAMVTR
| Q1 26 | — | $59.0M | ||
| Q4 25 | $-42.6M | $73.0M | ||
| Q3 25 | $-51.9M | $68.7M | ||
| Q2 25 | $-23.9M | $71.5M | ||
| Q1 25 | $-70.8M | $48.4M | ||
| Q4 24 | $-38.2M | $58.7M | ||
| Q3 24 | $-123.8M | $21.0M | ||
| Q2 24 | — | $21.2M |
毛利率TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 85.0% | — | ||
| Q3 25 | 82.0% | — | ||
| Q2 25 | 83.1% | — | ||
| Q1 25 | 83.8% | — | ||
| Q4 24 | 82.7% | — | ||
| Q3 24 | 81.7% | — | ||
| Q2 24 | — | — |
营业利润率TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | -3.0% | 4.9% | ||
| Q3 25 | -6.7% | 3.0% | ||
| Q2 25 | -2.1% | 3.0% | ||
| Q1 25 | -0.9% | 3.0% | ||
| Q4 24 | -4.5% | -0.0% | ||
| Q3 24 | -2.7% | 1.5% | ||
| Q2 24 | — | -1.6% |
净利率TEAMVTR
| Q1 26 | — | 3.6% | ||
| Q4 25 | -2.7% | 4.7% | ||
| Q3 25 | -3.6% | 4.6% | ||
| Q2 25 | -1.7% | 5.0% | ||
| Q1 25 | -5.2% | 3.6% | ||
| Q4 24 | -3.0% | 4.6% | ||
| Q3 24 | -10.4% | 1.7% | ||
| Q2 24 | — | 1.8% |
每股收益（稀释后）TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | $-0.16 | $0.15 | ||
| Q3 25 | $-0.20 | $0.14 | ||
| Q2 25 | $-0.08 | $0.15 | ||
| Q1 25 | $-0.27 | $0.10 | ||
| Q4 24 | $-0.15 | $0.13 | ||
| Q3 24 | $-0.48 | $0.05 | ||
| Q2 24 | — | $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 | $1.6B | $183.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.6B | $13.2B |
| 总资产 | $6.2B | $27.7B |
| 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TEAMVTR
| Q1 26 | — | $183.6M | ||
| Q4 25 | $1.6B | $741.1M | ||
| Q3 25 | $2.8B | $188.6M | ||
| Q2 25 | $2.9B | $614.2M | ||
| Q1 25 | $3.0B | $182.3M | ||
| Q4 24 | $2.5B | $897.9M | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | — | $557.1M |
总债务TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $13.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益TEAMVTR
| Q1 26 | — | $13.2B | ||
| Q4 25 | $1.6B | $12.5B | ||
| Q3 25 | $1.4B | $12.4B | ||
| Q2 25 | $1.3B | $11.5B | ||
| Q1 25 | $1.4B | $11.5B | ||
| Q4 24 | $1.2B | $10.8B | ||
| Q3 24 | $1.0B | $9.8B | ||
| Q2 24 | — | $9.6B |
总资产TEAMVTR
| Q1 26 | — | $27.7B | ||
| Q4 25 | $6.2B | $27.6B | ||
| Q3 25 | $5.7B | $26.9B | ||
| Q2 25 | $6.0B | $26.5B | ||
| Q1 25 | $5.9B | $26.0B | ||
| Q4 24 | $5.4B | $26.2B | ||
| Q3 24 | $5.0B | $25.3B | ||
| Q2 24 | — | $24.5B |
负债/权益比TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $177.8M | — |
| 自由现金流经营现金流 - 资本支出 | $168.5M | — |
| 自由现金流率自由现金流/营收 | 10.6% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 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 | $1.3B | — |
8季度趋势，按日历期对齐
经营现金流TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | $177.8M | $471.7M | ||
| Q3 25 | $128.7M | $378.6M | ||
| Q2 25 | $375.3M | $475.3M | ||
| Q1 25 | $652.7M | $321.1M | ||
| Q4 24 | $351.9M | $373.6M | ||
| Q3 24 | $80.5M | $353.7M | ||
| Q2 24 | — | $335.9M |
自由现金流TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | $168.5M | — | ||
| Q3 25 | $114.6M | — | ||
| Q2 25 | $360.3M | — | ||
| Q1 25 | $638.3M | — | ||
| Q4 24 | $342.6M | — | ||
| Q3 24 | $74.3M | — | ||
| Q2 24 | — | — |
自由现金流率TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 10.6% | — | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | 26.0% | — | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 6.3% | — | ||
| Q2 24 | — | — |
资本支出强度TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | — | — |
现金转化率TEAMVTR
| Q1 26 | — | — | ||
| Q4 25 | — | 6.46× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | — | 6.65× | ||
| Q1 25 | — | 6.64× | ||
| Q4 24 | — | 6.36× | ||
| Q3 24 | — | 16.84× | ||
| Q2 24 | — | 15.87× |
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
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |
VTR
| Resident fees and services | $1.3B | 78% |
| Outpatient medical and research portfolio | $230.1M | 14% |
| Triple-net leased properties | $123.1M | 7% |
| Third-party capital management revenues | $4.4M | 0% |
