开盘$209.53
昨收$203.88
当日区间$197.10 – $210.52
成交量2.71M
市值$32.23B
市盈率（TTM）–
股息率–
基本面
最新报告季度：Q4, ended Jul 2026
营收$898.19M+24.9% YoY
营业利润-$3.36M+89.1% YoY
净利润-$3.37M+80.8% YoY
摊薄每股收益-$0.02+81.8% YoY
自由现金流$60.76M-64.7% YoY
经营现金流$279.29M
营收，近8个季度
净利润，近8个季度
各季度摊薄每股收益
各季度自由现金流
年度营收
盈利能力与资产负债表
毛利率76.8%
营业利润率-3.6%
净利率-1.9%
净资产收益率-2.9%
资产收益率-0.9%
投入资本回报率-3.5%
流动比率1.70
负债/资产比率67.0%
现金及投资$3.47B
总负债$1.79B
净现金（净负债）$1.68B
自由现金流/营收23.2%
营收构成
2026/FY 季度
按地区
利润表
| 项目 | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| 报告营业总收入 | $3.35B | $898.19M | $850.48M | $815.75M | $788.11M |
| 营业总收入 | $3.35B | $898.19M | $850.48M | $815.75M | $788.11M |
| 营业成本 | $777.63M | $208.96M | $192.65M | $191.26M | $184.75M |
| 毛利润 | $2.57B | $689.22M | $657.82M | $624.49M | $603.36M |
| 营业费用 | $2.70B | $692.59M | $687.46M | $676.26M | $639.72M |
| 销售及管理费用 | $1.78B | $435.49M | $455.18M | $442.93M | $439.22M |
| -销售及营销费用 | $1.47B | $359.25M | $371.94M | $364.75M | $373.56M |
| -管理费用 | $303.32M | $76.24M | $83.24M | $78.18M | $65.66M |
| 研发费用 | $903.40M | $241.48M | $232.28M | $229.14M | $200.50M |
| 折旧、摊销与折耗 | $15.61M | – | – | $4.20M | – |
| -折旧与摊销 | $15.61M | – | – | $4.20M | – |
| 营业利润 | -$121.14M | -$3.36M | -$29.64M | -$51.77M | -$36.36M |
| 非经营性利息净收入（支出） | $124.34M | $32.30M | $31.34M | $29.67M | $31.03M |
| 非经营性利息收入 | $136.13M | $35.04M | $34.04M | $33.89M | $33.15M |
| 非经营性利息支出 | $3.63M | -$5.42M | $2.70M | $2.18M | $2.13M |
| 其他财务成本合计 | $8.17M | – | – | $2.04M | – |
| 其他收入（支出） | -$20.34M | -$14.03M | -$4.07M | $803,000.00 | -$3.04M |
| 特殊收益（费用） | -$12.13M | – | – | – | – |
| -减：重组及并购费用 | $12.13M | – | – | – | – |
| 其他非经营性收入（支出） | -$8.21M | -$1.90M | -$4.07M | $803,000.00 | -$3.04M |
| 税前利润 | -$17.14M | $14.90M | -$2.37M | -$21.30M | -$8.37M |
| 税费 | $46.04M | $18.27M | $11.51M | $13.01M | $3.24M |
| 净利润 | -$63.18M | -$3.37M | -$13.88M | -$34.31M | -$11.62M |
| 持续经营利润 | -$63.18M | -$3.37M | -$13.88M | -$34.31M | -$11.62M |
| 归属母公司净利润 | -$63.18M | -$3.37M | -$13.88M | -$34.31M | -$11.62M |
| 归属普通股股东净利润 | -$63.18M | -$3.37M | -$13.88M | -$34.31M | -$11.62M |
| 基本每股收益 | -$0.39 | -$0.02 | -$0.09 | -$0.21 | -$0.07 |
| 摊薄每股收益 | -$0.39 | -$0.02 | -$0.09 | -$0.21 | -$0.07 |
资产负债表
| 项目 | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| 总资产 | $7.87B | $7.87B | $7.10B | $6.75B | $6.50B |
| 流动资产合计 | $5.03B | $5.03B | $4.65B | $4.45B | $4.21B |
| 现金及现金等价物与短期投资 | $3.47B | $3.47B | $3.54B | $3.51B | $3.32B |
| -现金及现金等价物 | $928.35M | $928.35M | $982.11M | $1.20B | $1.34B |
| -短期投资 | $2.55B | $2.55B | $2.56B | $2.31B | $1.98B |
| 应收款 | $1.15B | $1.15B | $730.46M | $551.82M | $530.49M |
| -应收账款 | $1.15B | $1.15B | $730.46M | $551.82M | $530.49M |
| 一年内递延资产 | $215.58M | $215.58M | $196.71M | $188.70M | $182.56M |
| 其他流动资产 | $192.43M | $192.43M | $187.91M | $197.50M | $171.64M |
| 非流动资产合计 | $2.84B | $2.84B | $2.44B | $2.30B | $2.30B |
| 固定资产净值 | $890.23M | $890.23M | $712.92M | $682.96M | $669.71M |
| -固定资产原值 | $1.43B | $1.43B | $1.21B | $1.13B | $1.08B |
| -累计折旧 | -$542.37M | -$542.37M | -$495.90M | -$451.06M | -$410.03M |
| 商誉及其他无形资产 | $1.43B | $1.43B | $1.29B | $1.19B | $1.21B |
| -商誉 | $1.22B | $1.22B | $1.09B | $1.00B | $994.46M |
| -其他无形资产 | $214.36M | $214.36M | $191.74M | $193.38M | $215.29M |
| 一年以上递延资产 | $402.42M | $402.42M | $347.82M | $330.61M | $322.56M |
| 其他非流动资产 | $110.37M | $110.37M | $96.98M | $94.72M | $95.11M |
| 负债合计 | $5.27B | $5.27B | $4.73B | $4.56B | $4.52B |
| 流动负债合计 | $2.96B | $2.96B | $2.50B | $2.34B | $2.31B |
| 应付款 | $47.97M | $47.97M | $33.87M | $29.03M | $48.40M |
| -应付账款 | $47.97M | $47.97M | $33.87M | $29.03M | $48.40M |
| 一年内应计费用 | $290.59M | $290.59M | $221.68M | $185.40M | $200.10M |
| 短期债务及融资租赁负债 | $64.89M | $64.89M | $66.75M | $67.59M | $68.40M |
| -一年内到期融资租赁负债 | $64.89M | $64.89M | $66.75M | $67.59M | $68.40M |
| 一年内递延负债 | $2.48B | $2.48B | $2.10B | $1.98B | $1.95B |
| 非流动负债合计 | $2.31B | $2.31B | $2.23B | $2.22B | $2.22B |
| 长期债务及融资租赁负债 | $1.79B | $1.79B | $1.79B | $1.80B | $1.77B |
| -长期债务 | $1.70B | $1.70B | $1.70B | $1.70B | $1.70B |
| -长期融资租赁负债 | $94.58M | $94.58M | $94.80M | $94.08M | $65.77M |
| 一年以上递延负债 | $445.27M | $445.27M | $380.06M | $371.79M | $405.11M |
| 其他非流动负债 | $70.94M | $70.94M | $56.05M | $48.33M | $44.27M |
| 股东权益合计 | $2.60B | $2.60B | $2.37B | $2.20B | $1.98B |
| 股东权益 | $2.60B | $2.60B | $2.37B | $2.20B | $1.98B |
| 股本 | $163,000.00 | $163,000.00 | $162,000.00 | $161,000.00 | $159,000.00 |
| -普通股 | $163,000.00 | $163,000.00 | $162,000.00 | $161,000.00 | $159,000.00 |
| -优先股 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 资本公积 | $3.87B | $3.87B | $3.62B | $3.42B | $3.18B |
| 留存收益 | -$1.25B | -$1.25B | -$1.25B | -$1.24B | -$1.20B |
| 不影响留存收益的损益 | -$23.54M | -$23.54M | -$7.72M | $15.19M | $7.89M |
现金流量表
| 项目 | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| 经营活动现金流 | $1.13B | $279.29M | $198.02M | $204.07M | $448.28M |
| 持续经营经营活动现金流净额 | $1.13B | $279.29M | $198.02M | $204.07M | $448.28M |
| 持续经营净利润 | -$63.18M | -$3.37M | -$13.88M | -$34.31M | -$11.62M |
| 持续经营损益 | -$772,000.00 | $264,000.00 | $25,000.00 | -$4.09M | $3.03M |
| 折旧、折耗与摊销 | $192.01M | $55.21M | $49.46M | $46.06M | $41.28M |
| 递延税款 | -$20.39M | -$20.71M | $1.88M | $2.15M | -$3.70M |
| 其他非现金项目 | $302.28M | $79.18M | $80.20M | $73.11M | $69.80M |
| 营运资金变动 | -$97.57M | -$42.79M | -$123.91M | -$93.65M | $162.79M |
| -应收款变动 | -$139.99M | -$420.03M | -$181.49M | -$21.33M | $482.86M |
| -预付资产变动 | -$28.08M | $977,000.00 | $1.17M | -$12.90M | -$17.32M |
| -应付账款及应计费用变动 | $70.38M | $81.61M | $34.17M | $3.95M | -$49.35M |
| -其他流动负债变动 | -$67.60M | -$23.63M | -$21.67M | -$3.69M | -$18.61M |
| -其他营运资金变动 | $67.72M | $318.28M | $43.91M | -$59.69M | -$234.79M |
| 投资活动现金流净额 | -$2.65B | -$370.95M | -$418.66M | -$360.91M | -$1.50B |
| 持续经营投资活动现金流净额 | -$2.65B | -$370.95M | -$418.66M | -$360.91M | -$1.50B |
| 资本支出 | -$73.21M | -$18.68M | -$19.66M | -$17.19M | -$17.67M |
| 固定资产购置及出售净额 | -$277.30M | -$199.84M | -$42.40M | -$17.76M | -$17.31M |
| 业务购买及出售净额 | -$918.07M | -$148.03M | -$97.27M | $0.00 | -$672.78M |
| 投资购置及出售净额 | -$1.38B | -$4.41M | -$259.33M | -$325.97M | -$794.45M |
| 筹资活动现金流 | $62.41M | $37.91M | $0.00 | $21.40M | $3.10M |
| 持续经营筹资活动现金流净额 | $62.41M | $37.91M | $0.00 | $21.40M | $3.10M |
| 债务发行及偿还净额 | $0.00 | – | – | – | – |
| 股票期权行使所得 | $63.40M | $37.91M | $0.00 | $21.51M | $3.98M |
| 其他筹资费用净额 | -$991,000.00 | $0.00 | $0.00 | -$110,000.00 | -$881,000.00 |
| 期末现金余额 | $928.35M | $928.35M | $982.11M | $1.20B | $1.34B |
| 现金净变动 | -$1.46B | -$53.76M | -$220.64M | -$135.44M | -$1.05B |
| 期初现金余额 | $2.39B | $982.11M | $1.20B | $1.34B | $2.39B |
| 自由现金流 | $779.14M | $60.76M | $135.95M | $169.13M | $413.30M |
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