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Atlassian Corp（TEAM）与Workday, Inc.（WDAY）财务数据对比。点击上方公司名可切换其他公司
Workday, Inc.的季度营收约是Atlassian Corp的1.5倍（$2.4B vs $1.6B），Workday, Inc.净利率更高（10.4% vs -2.7%，领先13.1%），Atlassian Corp同比增速更快（23.3% vs 12.6%），Workday, Inc.自由现金流更多（$550.0M vs $168.5M）
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。
Workday是全球领先的企业级云软件供应商，核心产品覆盖人力资本管理、财务管理及企业资源规划解决方案，主要服务教育、医疗、金融、科技等行业的中大型机构，业务遍布北美、欧洲、亚太等全球主要市场。
TEAM vs WDAY — 直观对比
营收规模更大
WDAY
是对方的1.5倍
$1.6B
营收增速更快
TEAM
高出10.7%
12.6%
净利率更高
WDAY
高出13.1%
-2.7%
自由现金流更多
WDAY
多$381.5M
$168.5M
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.4B |
| 净利润 | $-42.6M | $252.0M |
| 毛利率 | 85.0% | — |
| 营业利润率 | -3.0% | 10.6% |
| 净利率 | -2.7% | 10.4% |
| 营收同比 | 23.3% | 12.6% |
| 净利润同比 | -11.6% | 30.6% |
| 每股收益（稀释后） | $-0.16 | $0.94 |
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TEAMWDAY
| Q4 25 | $1.6B | $2.4B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | $1.2B | $1.9B |
净利润TEAMWDAY
| Q4 25 | $-42.6M | $252.0M | ||
| Q3 25 | $-51.9M | $228.0M | ||
| Q2 25 | $-23.9M | $68.0M | ||
| Q1 25 | $-70.8M | $94.0M | ||
| Q4 24 | $-38.2M | $193.0M | ||
| Q3 24 | $-123.8M | $132.0M | ||
| Q2 24 | — | $107.0M | ||
| Q1 24 | $12.8M | $1.2B |
毛利率TEAMWDAY
| 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 | — | — | ||
| Q1 24 | 82.1% | — |
营业利润率TEAMWDAY
| Q4 25 | -3.0% | 10.6% | ||
| Q3 25 | -6.7% | 10.6% | ||
| Q2 25 | -2.1% | 1.7% | ||
| Q1 25 | -0.9% | 3.4% | ||
| Q4 24 | -4.5% | 7.6% | ||
| Q3 24 | -2.7% | 5.3% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | 1.5% | 4.1% |
净利率TEAMWDAY
| Q4 25 | -2.7% | 10.4% | ||
| Q3 25 | -3.6% | 9.7% | ||
| Q2 25 | -1.7% | 3.0% | ||
| Q1 25 | -5.2% | 4.3% | ||
| Q4 24 | -3.0% | 8.9% | ||
| Q3 24 | -10.4% | 6.3% | ||
| Q2 24 | — | 5.4% | ||
| Q1 24 | 1.1% | 61.8% |
每股收益（稀释后）TEAMWDAY
| Q4 25 | $-0.16 | $0.94 | ||
| Q3 25 | $-0.20 | $0.84 | ||
| Q2 25 | $-0.08 | $0.25 | ||
| Q1 25 | $-0.27 | $0.34 | ||
| Q4 24 | $-0.15 | $0.72 | ||
| Q3 24 | $-0.48 | $0.49 | ||
| Q2 24 | — | $0.40 | ||
| Q1 24 | $0.05 | $4.48 |
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 | $6.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.6B | $8.9B |
| 总资产 | $6.2B | $17.8B |
| 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TEAMWDAY
| Q4 25 | $1.6B | $6.8B | ||
| Q3 25 | $2.8B | $8.2B | ||
| Q2 25 | $2.9B | $8.0B | ||
| Q1 25 | $3.0B | $8.0B | ||
| Q4 24 | $2.5B | $7.2B | ||
| Q3 24 | $2.2B | $7.4B | ||
| Q2 24 | — | $7.2B | ||
| Q1 24 | $2.1B | $7.8B |
总债务TEAMWDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $3.0B |
股东权益TEAMWDAY
| Q4 25 | $1.6B | $8.9B | ||
| Q3 25 | $1.4B | $9.2B | ||
| Q2 25 | $1.3B | $8.9B | ||
| Q1 25 | $1.4B | $9.0B | ||
| Q4 24 | $1.2B | $8.6B | ||
| Q3 24 | $1.0B | $8.3B | ||
| Q2 24 | — | $8.2B | ||
| Q1 24 | $1.1B | $8.1B |
总资产TEAMWDAY
| Q4 25 | $6.2B | $17.8B | ||
| Q3 25 | $5.7B | $18.0B | ||
| Q2 25 | $6.0B | $17.2B | ||
| Q1 25 | $5.9B | $18.0B | ||
| Q4 24 | $5.4B | $16.4B | ||
| Q3 24 | $5.0B | $16.2B | ||
| Q2 24 | — | $15.9B | ||
| Q1 24 | $5.1B | $16.5B |
负债/权益比TEAMWDAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.37× |
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 | $588.0M |
| 自由现金流经营现金流 - 资本支出 | $168.5M | $550.0M |
| 自由现金流率自由现金流/营收 | 10.6% | 22.6% |
| 资本支出强度资本支出/营收 | 0.6% | 1.6% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | $1.3B | $2.6B |
8季度趋势，按日历期对齐
经营现金流TEAMWDAY
| Q4 25 | $177.8M | $588.0M | ||
| Q3 25 | $128.7M | $616.0M | ||
| Q2 25 | $375.3M | $457.0M | ||
| Q1 25 | $652.7M | $1.1B | ||
| Q4 24 | $351.9M | $406.0M | ||
| Q3 24 | $80.5M | $571.0M | ||
| Q2 24 | — | $372.0M | ||
| Q1 24 | $565.4M | $995.6M |
自由现金流TEAMWDAY
| Q4 25 | $168.5M | $550.0M | ||
| Q3 25 | $114.6M | $588.0M | ||
| Q2 25 | $360.3M | $421.0M | ||
| Q1 25 | $638.3M | $1.0B | ||
| Q4 24 | $342.6M | $359.0M | ||
| Q3 24 | $74.3M | $516.0M | ||
| Q2 24 | — | $291.0M | ||
| Q1 24 | $554.9M | $947.6M |
自由现金流率TEAMWDAY
| Q4 25 | 10.6% | 22.6% | ||
| Q3 25 | 8.0% | 25.0% | ||
| Q2 25 | 26.0% | 18.8% | ||
| Q1 25 | 47.0% | 46.4% | ||
| Q4 24 | 26.6% | 16.6% | ||
| Q3 24 | 6.3% | 24.7% | ||
| Q2 24 | — | 14.6% | ||
| Q1 24 | 46.7% | 49.3% |
资本支出强度TEAMWDAY
| Q4 25 | 0.6% | 1.6% | ||
| Q3 25 | 1.0% | 1.2% | ||
| Q2 25 | 1.1% | 1.6% | ||
| Q1 25 | 1.1% | 3.9% | ||
| Q4 24 | 0.7% | 2.2% | ||
| Q3 24 | 0.5% | 2.6% | ||
| Q2 24 | — | 4.1% | ||
| Q1 24 | 0.9% | 2.5% |
现金转化率TEAMWDAY
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.70× | ||
| Q2 25 | — | 6.72× | ||
| Q1 25 | — | 11.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | — | 4.33× | ||
| Q2 24 | — | 3.48× | ||
| Q1 24 | 44.34× | 0.84× |
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% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
