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Atlassian Corp（TEAM）与惠好（WY）财务数据对比。点击上方公司名可切换其他公司
Atlassian Corp的季度营收约是惠好的1.0倍（$1.6B vs $1.5B），惠好净利率更高（4.8% vs -2.7%，领先7.5%），Atlassian Corp同比增速更快（23.3% vs -9.8%），Atlassian Corp自由现金流更多（$168.5M vs $-128.0M）
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。
惠好是美国知名林地运营企业，在美国本土持有约1040万英亩林地，同时通过长期许可协议在加拿大管理额外1400万英亩林地。企业拥有逾百年木制品生产历史，目前以房地产投资信托（REIT）模式运营。
TEAM vs WY — 直观对比
营收规模更大
TEAM
是对方的1.0倍
$1.5B
营收增速更快
TEAM
高出33.1%
-9.8%
净利率更高
WY
高出7.5%
-2.7%
自由现金流更多
TEAM
多$296.5M
$-128.0M
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.5B |
| 净利润 | $-42.6M | $74.0M |
| 毛利率 | 85.0% | 10.4% |
| 营业利润率 | -3.0% | 16.3% |
| 净利率 | -2.7% | 4.8% |
| 营收同比 | 23.3% | -9.8% |
| 净利润同比 | -11.6% | -8.6% |
| 每股收益（稀释后） | $-0.16 | $0.11 |
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TEAMWY
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | $1.2B | $1.8B |
净利润TEAMWY
| Q4 25 | $-42.6M | $74.0M | ||
| Q3 25 | $-51.9M | $80.0M | ||
| Q2 25 | $-23.9M | $87.0M | ||
| Q1 25 | $-70.8M | $83.0M | ||
| Q4 24 | $-38.2M | $81.0M | ||
| Q3 24 | $-123.8M | $28.0M | ||
| Q2 24 | — | $173.0M | ||
| Q1 24 | $12.8M | $114.0M |
毛利率TEAMWY
| Q4 25 | 85.0% | 10.4% | ||
| Q3 25 | 82.0% | 11.9% | ||
| Q2 25 | 83.1% | 17.3% | ||
| Q1 25 | 83.8% | 19.0% | ||
| Q4 24 | 82.7% | 17.8% | ||
| Q3 24 | 81.7% | 14.9% | ||
| Q2 24 | — | 20.8% | ||
| Q1 24 | 82.1% | 19.8% |
营业利润率TEAMWY
| Q4 25 | -3.0% | 16.3% | ||
| Q3 25 | -6.7% | 7.2% | ||
| Q2 25 | -2.1% | 9.4% | ||
| Q1 25 | -0.9% | 10.2% | ||
| Q4 24 | -4.5% | 8.3% | ||
| Q3 24 | -2.7% | 4.6% | ||
| Q2 24 | — | 13.9% | ||
| Q1 24 | 1.5% | 10.9% |
净利率TEAMWY
| Q4 25 | -2.7% | 4.8% | ||
| Q3 25 | -3.6% | 4.7% | ||
| Q2 25 | -1.7% | 4.6% | ||
| Q1 25 | -5.2% | 4.7% | ||
| Q4 24 | -3.0% | 4.7% | ||
| Q3 24 | -10.4% | 1.7% | ||
| Q2 24 | — | 8.9% | ||
| Q1 24 | 1.1% | 6.3% |
每股收益（稀释后）TEAMWY
| Q4 25 | $-0.16 | $0.11 | ||
| Q3 25 | $-0.20 | $0.11 | ||
| Q2 25 | $-0.08 | $0.12 | ||
| Q1 25 | $-0.27 | $0.11 | ||
| Q4 24 | $-0.15 | $0.10 | ||
| Q3 24 | $-0.48 | $0.04 | ||
| Q2 24 | — | $0.24 | ||
| Q1 24 | $0.05 | $0.16 |
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 | $464.0M |
| 总债务越低越好 | — | $5.6B |
| 股东权益账面价值 | $1.6B | $9.4B |
| 总资产 | $6.2B | $16.6B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资TEAMWY
| Q4 25 | $1.6B | $464.0M | ||
| Q3 25 | $2.8B | $401.0M | ||
| Q2 25 | $2.9B | $592.0M | ||
| Q1 25 | $3.0B | $560.0M | ||
| Q4 24 | $2.5B | $684.0M | ||
| Q3 24 | $2.2B | $877.0M | ||
| Q2 24 | — | $997.0M | ||
| Q1 24 | $2.1B | $871.0M |
总债务TEAMWY
| Q4 25 | — | $5.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益TEAMWY
| Q4 25 | $1.6B | $9.4B | ||
| Q3 25 | $1.4B | $9.4B | ||
| Q2 25 | $1.3B | $9.5B | ||
| Q1 25 | $1.4B | $9.6B | ||
| Q4 24 | $1.2B | $9.7B | ||
| Q3 24 | $1.0B | $9.9B | ||
| Q2 24 | — | $10.0B | ||
| Q1 24 | $1.1B | $10.1B |
总资产TEAMWY
| Q4 25 | $6.2B | $16.6B | ||
| Q3 25 | $5.7B | $16.7B | ||
| Q2 25 | $6.0B | $16.5B | ||
| Q1 25 | $5.9B | $16.5B | ||
| Q4 24 | $5.4B | $16.5B | ||
| Q3 24 | $5.0B | $16.7B | ||
| Q2 24 | — | $16.8B | ||
| Q1 24 | $5.1B | $16.8B |
负债/权益比TEAMWY
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-114.0M |
| 自由现金流经营现金流 - 资本支出 | $168.5M | $-128.0M |
| 自由现金流率自由现金流/营收 | 10.6% | -8.3% |
| 资本支出强度资本支出/营收 | 0.6% | 0.9% |
| 现金转化率经营现金流/净利润 | — | -1.54× |
| 过去12个月自由现金流最近4个季度 | $1.3B | $511.0M |
8季度趋势，按日历期对齐
经营现金流TEAMWY
| Q4 25 | $177.8M | $-114.0M | ||
| Q3 25 | $128.7M | $210.0M | ||
| Q2 25 | $375.3M | $396.0M | ||
| Q1 25 | $652.7M | $70.0M | ||
| Q4 24 | $351.9M | $218.0M | ||
| Q3 24 | $80.5M | $234.0M | ||
| Q2 24 | — | $432.0M | ||
| Q1 24 | $565.4M | $124.0M |
自由现金流TEAMWY
| Q4 25 | $168.5M | $-128.0M | ||
| Q3 25 | $114.6M | $203.0M | ||
| Q2 25 | $360.3M | $388.0M | ||
| Q1 25 | $638.3M | $48.0M | ||
| Q4 24 | $342.6M | $205.0M | ||
| Q3 24 | $74.3M | $226.0M | ||
| Q2 24 | — | $423.0M | ||
| Q1 24 | $554.9M | $102.0M |
自由现金流率TEAMWY
| Q4 25 | 10.6% | -8.3% | ||
| Q3 25 | 8.0% | 11.8% | ||
| Q2 25 | 26.0% | 20.6% | ||
| Q1 25 | 47.0% | 2.7% | ||
| Q4 24 | 26.6% | 12.0% | ||
| Q3 24 | 6.3% | 13.4% | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | 46.7% | 5.7% |
资本支出强度TEAMWY
| Q4 25 | 0.6% | 0.9% | ||
| Q3 25 | 1.0% | 0.4% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 1.1% | 1.2% | ||
| Q4 24 | 0.7% | 0.8% | ||
| Q3 24 | 0.5% | 0.5% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | 0.9% | 1.2% |
现金转化率TEAMWY
| Q4 25 | — | -1.54× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 4.55× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 2.69× | ||
| Q3 24 | — | 8.36× | ||
| Q2 24 | — | 2.50× | ||
| Q1 24 | 44.34× | 1.09× |
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% |
WY
暂无分部数据
