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ASHFORD HOSPITALITY TRUST INC（AHT）与Sprinklr, Inc.（CXM）财务数据对比。点击上方公司名可切换其他公司
ASHFORD HOSPITALITY TRUST INC的季度营收约是Sprinklr, Inc.的1.2倍（$259.0M vs $219.1M），Sprinklr, Inc.净利率更高（1.3% vs -26.8%，领先28.1%），Sprinklr, Inc.同比增速更快（9.2% vs -6.0%），Sprinklr, Inc.自由现金流更多（$19.8M vs $-86.8M），过去两年Sprinklr, Inc.的营收复合增速更高（6.2% vs -7.7%）
阿什福德酒店信托是一家总部位于美国的房地产投资信托，主要投资美国核心城市、郊区及度假区的高端全服务酒店资产，旗下物业多由全球知名酒店品牌运营，服务商务与休闲旅客，专注实现长期资产增值与稳定股东回报。
Sprinklr是美国的一家SaaS企业，专注于客户体验管理（CXM）平台研发。其同名产品整合了社媒营销、社交广告、内容管理、团队协作、员工倡导、客户服务、社媒调研与监测等多类应用模块，为企业提供全链路的客户体验管理解决方案。
AHT vs CXM — 直观对比
营收规模更大
AHT
是对方的1.2倍
$219.1M
营收增速更快
CXM
高出15.2%
-6.0%
净利率更高
CXM
高出28.1%
-26.8%
自由现金流更多
CXM
多$106.6M
$-86.8M
两年增速更快
CXM
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $219.1M |
| 净利润 | $-69.3M | $2.9M |
| 毛利率 | — | 66.4% |
| 营业利润率 | -2.6% | 5.3% |
| 净利率 | -26.8% | 1.3% |
| 营收同比 | -6.0% | 9.2% |
| 净利润同比 | 44.2% | -72.2% |
| 每股收益（稀释后） | $-12.85 | $0.01 |
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AHTCXM
| Q4 25 | $259.0M | $219.1M | ||
| Q3 25 | $266.1M | $212.0M | ||
| Q2 25 | $302.0M | $205.5M | ||
| Q1 25 | $277.4M | $202.5M | ||
| Q4 24 | $275.5M | $200.7M | ||
| Q3 24 | $276.6M | $197.2M | ||
| Q2 24 | $316.5M | $196.0M | ||
| Q1 24 | $303.9M | $194.2M |
净利润AHTCXM
| Q4 25 | $-69.3M | $2.9M | ||
| Q3 25 | $-60.1M | $12.6M | ||
| Q2 25 | $-30.4M | $-1.6M | ||
| Q1 25 | $-20.0M | $98.7M | ||
| Q4 24 | $-124.2M | $10.5M | ||
| Q3 24 | $-57.9M | $1.8M | ||
| Q2 24 | $50.3M | $10.6M | ||
| Q1 24 | $71.6M | $21.1M |
毛利率AHTCXM
| Q4 25 | — | 66.4% | ||
| Q3 25 | — | 68.2% | ||
| Q2 25 | — | 69.5% | ||
| Q1 25 | — | 71.0% | ||
| Q4 24 | — | 71.2% | ||
| Q3 24 | — | 72.6% | ||
| Q2 24 | — | 73.9% | ||
| Q1 24 | — | 75.5% |
营业利润率AHTCXM
| Q4 25 | -2.6% | 5.3% | ||
| Q3 25 | 4.6% | 7.7% | ||
| Q2 25 | 16.3% | -0.9% | ||
| Q1 25 | 22.2% | 5.2% | ||
| Q4 24 | -17.8% | 3.9% | ||
| Q3 24 | 7.3% | -0.0% | ||
| Q2 24 | 42.8% | 2.9% | ||
| Q1 24 | 50.2% | 9.5% |
净利率AHTCXM
| Q4 25 | -26.8% | 1.3% | ||
| Q3 25 | -22.6% | 5.9% | ||
| Q2 25 | -10.1% | -0.8% | ||
| Q1 25 | -7.2% | 48.7% | ||
| Q4 24 | -45.1% | 5.2% | ||
| Q3 24 | -20.9% | 0.9% | ||
| Q2 24 | 15.9% | 5.4% | ||
| Q1 24 | 23.5% | 10.9% |
每股收益（稀释后）AHTCXM
| Q4 25 | $-12.85 | $0.01 | ||
| Q3 25 | $-11.35 | $0.05 | ||
| Q2 25 | $-6.88 | $-0.01 | ||
| Q1 25 | $-4.91 | $0.35 | ||
| Q4 24 | $-13.64 | $0.04 | ||
| Q3 24 | $-12.39 | $0.01 | ||
| Q2 24 | $2.50 | $0.04 | ||
| Q1 24 | $5.99 | $0.07 |
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 | $66.1M | $189.6M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $558.1M |
| 总资产 | $2.8B | $1.1B |
| 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AHTCXM
| Q4 25 | $66.1M | $189.6M | ||
| Q3 25 | $81.9M | $125.4M | ||
| Q2 25 | $100.0M | $126.4M | ||
| Q1 25 | $85.8M | $145.3M | ||
| Q4 24 | $112.9M | $93.2M | ||
| Q3 24 | $119.7M | $119.1M | ||
| Q2 24 | $121.8M | $126.8M | ||
| Q1 24 | $111.1M | $164.0M |
总债务AHTCXM
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.9B | — |
股东权益AHTCXM
| Q4 25 | $-626.4M | $558.1M | ||
| Q3 25 | $-548.7M | $543.4M | ||
| Q2 25 | $-485.5M | $639.8M | ||
| Q1 25 | $-446.1M | $612.1M | ||
| Q4 24 | $-419.2M | $497.0M | ||
| Q3 24 | $-288.4M | $469.0M | ||
| Q2 24 | $-225.9M | $610.9M | ||
| Q1 24 | $-276.8M | $679.7M |
总资产AHTCXM
| Q4 25 | $2.8B | $1.1B | ||
| Q3 25 | $3.0B | $1.1B | ||
| Q2 25 | $3.1B | $1.2B | ||
| Q1 25 | $3.1B | $1.2B | ||
| Q4 24 | $3.2B | $970.3M | ||
| Q3 24 | $3.3B | $983.8M | ||
| Q2 24 | $3.3B | $1.1B | ||
| Q1 24 | $3.5B | $1.2B |
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 | $-15.7M | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $19.8M |
| 自由现金流率自由现金流/营收 | -33.5% | 9.0% |
| 资本支出强度资本支出/营收 | 27.5% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 6.87× |
| 过去12个月自由现金流最近4个季度 | $-135.5M | $142.3M |
8季度趋势，按日历期对齐
经营现金流AHTCXM
| Q4 25 | $-15.7M | $20.0M | ||
| Q3 25 | $5.5M | $34.8M | ||
| Q2 25 | $16.3M | $83.8M | ||
| Q1 25 | $-25.0M | $5.4M | ||
| Q4 24 | $-23.6M | $9.2M | ||
| Q3 24 | $795.0K | $21.3M | ||
| Q2 24 | $8.0M | $41.7M | ||
| Q1 24 | $-46.5M | $17.3M |
自由现金流AHTCXM
| Q4 25 | $-86.8M | $19.8M | ||
| Q3 25 | $-226.0K | $34.4M | ||
| Q2 25 | $-3.6M | $83.5M | ||
| Q1 25 | $-44.8M | $4.6M | ||
| Q4 24 | $-131.6M | $8.2M | ||
| Q3 24 | $-21.8M | $19.8M | ||
| Q2 24 | $-22.9M | $39.2M | ||
| Q1 24 | $-80.4M | $15.2M |
自由现金流率AHTCXM
| Q4 25 | -33.5% | 9.0% | ||
| Q3 25 | -0.1% | 16.2% | ||
| Q2 25 | -1.2% | 40.6% | ||
| Q1 25 | -16.2% | 2.3% | ||
| Q4 24 | -47.8% | 4.1% | ||
| Q3 24 | -7.9% | 10.1% | ||
| Q2 24 | -7.2% | 20.0% | ||
| Q1 24 | -26.5% | 7.9% |
资本支出强度AHTCXM
| Q4 25 | 27.5% | 0.1% | ||
| Q3 25 | 2.1% | 0.2% | ||
| Q2 25 | 6.6% | 0.1% | ||
| Q1 25 | 7.2% | 0.4% | ||
| Q4 24 | 39.2% | 0.5% | ||
| Q3 24 | 8.2% | 0.8% | ||
| Q2 24 | 9.8% | 1.3% | ||
| Q1 24 | 11.2% | 1.1% |
现金转化率AHTCXM
| Q4 25 | — | 6.87× | ||
| Q3 25 | — | 2.76× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 11.58× | ||
| Q2 24 | 0.16× | 3.92× | ||
| Q1 24 | -0.65× | 0.82× |
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
AHT
| Occupancy | $190.2M | 73% |
| Food And Beverage | $51.8M | 20% |
| Hotel Other | $16.6M | 6% |
CXM
| License And Service | $190.3M | 87% |
| Professional Services | $28.8M | 13% |
