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C3.ai, Inc.（AI）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是C3.ai, Inc.的1.6倍（$117.7M vs $75.1M），RESOURCES CONNECTION, INC.净利率更高（-10.8% vs -139.3%，领先128.5%），RESOURCES CONNECTION, INC.同比增速更快（-19.2% vs -20.3%），RESOURCES CONNECTION, INC.自由现金流更多（$15.6M vs $-46.9M），过去两年C3.ai, Inc.的营收复合增速更高（-2.1% vs -11.8%）
C3.ai是全球领先的企业级人工智能软件供应商，主要开发销售可扩展的AI应用、平台工具及垂直行业定制解决方案，服务覆盖制造、能源、金融、医疗、公共部门等领域，助力客户优化运营、降本增效、管控风险，实现数据驱动的业务决策。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
AI vs RGP — 直观对比
营收规模更大
RGP
是对方的1.6倍
$75.1M
营收增速更快
RGP
高出1.2%
-20.3%
净利率更高
RGP
高出128.5%
-139.3%
自由现金流更多
RGP
多$62.5M
$-46.9M
两年增速更快
AI
近两年复合增速
-11.8%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $117.7M |
| 净利润 | $-104.7M | $-12.7M |
| 毛利率 | 40.4% | 37.1% |
| 营业利润率 | -149.2% | -10.3% |
| 净利率 | -139.3% | -10.8% |
| 营收同比 | -20.3% | -19.2% |
| 净利润同比 | -58.7% | 81.6% |
| 每股收益（稀释后） | $-0.75 | $-0.38 |
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AIRGP
| Q4 25 | $75.1M | $117.7M | ||
| Q3 25 | $70.3M | $120.2M | ||
| Q2 25 | $108.7M | $139.3M | ||
| Q1 25 | $98.8M | $129.4M | ||
| Q4 24 | $94.3M | $145.6M | ||
| Q3 24 | $87.2M | $136.9M | ||
| Q2 24 | $86.6M | $148.2M | ||
| Q1 24 | $78.4M | $151.3M |
净利润AIRGP
| Q4 25 | $-104.7M | $-12.7M | ||
| Q3 25 | $-116.8M | $-2.4M | ||
| Q2 25 | $-79.7M | $-73.3M | ||
| Q1 25 | $-80.2M | $-44.1M | ||
| Q4 24 | $-66.0M | $-68.7M | ||
| Q3 24 | $-62.8M | $-5.7M | ||
| Q2 24 | $-72.9M | $10.5M | ||
| Q1 24 | $-72.6M | $2.5M |
毛利率AIRGP
| Q4 25 | 40.4% | 37.1% | ||
| Q3 25 | 37.6% | 39.5% | ||
| Q2 25 | 62.1% | 40.2% | ||
| Q1 25 | 59.1% | 35.1% | ||
| Q4 24 | 61.3% | 38.5% | ||
| Q3 24 | 59.8% | 36.5% | ||
| Q2 24 | 59.6% | 40.2% | ||
| Q1 24 | 57.8% | 37.0% |
营业利润率AIRGP
| Q4 25 | -149.2% | -10.3% | ||
| Q3 25 | -177.7% | -1.7% | ||
| Q2 25 | -81.8% | -47.0% | ||
| Q1 25 | -88.7% | -38.4% | ||
| Q4 24 | -79.8% | -52.7% | ||
| Q3 24 | -83.2% | -3.5% | ||
| Q2 24 | -95.1% | 7.6% | ||
| Q1 24 | -105.3% | 2.8% |
净利率AIRGP
| Q4 25 | -139.3% | -10.8% | ||
| Q3 25 | -166.2% | -2.0% | ||
| Q2 25 | -73.3% | -52.6% | ||
| Q1 25 | -81.2% | -34.0% | ||
| Q4 24 | -69.9% | -47.2% | ||
| Q3 24 | -72.0% | -4.2% | ||
| Q2 24 | -84.2% | 7.1% | ||
| Q1 24 | -92.6% | 1.7% |
每股收益（稀释后）AIRGP
| Q4 25 | $-0.75 | $-0.38 | ||
| Q3 25 | $-0.86 | $-0.07 | ||
| Q2 25 | $-0.60 | $-2.21 | ||
| Q1 25 | $-0.62 | $-1.34 | ||
| Q4 24 | $-0.52 | $-2.08 | ||
| Q3 24 | $-0.50 | $-0.17 | ||
| Q2 24 | $-0.59 | $0.31 | ||
| Q1 24 | $-0.60 | $0.08 |
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 | $675.0M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $771.9M | $194.6M |
| 总资产 | $961.3M | $289.3M |
| 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AIRGP
| Q4 25 | $675.0M | $89.8M | ||
| Q3 25 | $711.9M | $77.5M | ||
| Q2 25 | $742.7M | $86.1M | ||
| Q1 25 | $724.3M | $72.5M | ||
| Q4 24 | $730.4M | $78.2M | ||
| Q3 24 | $762.5M | $89.6M | ||
| Q2 24 | $750.4M | $108.9M | ||
| Q1 24 | $723.3M | $113.8M |
股东权益AIRGP
| Q4 25 | $771.9M | $194.6M | ||
| Q3 25 | $798.8M | $206.4M | ||
| Q2 25 | $838.3M | $207.1M | ||
| Q1 25 | $860.2M | $277.8M | ||
| Q4 24 | $859.0M | $325.7M | ||
| Q3 24 | $874.9M | $407.2M | ||
| Q2 24 | $873.4M | $418.8M | ||
| Q1 24 | $898.0M | $414.9M |
总资产AIRGP
| Q4 25 | $961.3M | $289.3M | ||
| Q3 25 | $968.7M | $287.2M | ||
| Q2 25 | $1.0B | $304.7M | ||
| Q1 25 | $1.1B | $375.6M | ||
| Q4 24 | $1.0B | $424.9M | ||
| Q3 24 | $1.1B | $512.9M | ||
| Q2 24 | $1.0B | $510.9M | ||
| Q1 24 | $1.1B | $523.2M |
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 | $-46.5M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $-46.9M | $15.6M |
| 自由现金流率自由现金流/营收 | -62.4% | 13.2% |
| 资本支出强度资本支出/营收 | 0.5% | 0.3% |
| 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 | $-93.2M | $24.3M |
8季度趋势，按日历期对齐
经营现金流AIRGP
| Q4 25 | $-46.5M | $15.9M | ||
| Q3 25 | $-33.5M | $-7.8M | ||
| Q2 25 | $11.3M | $16.8M | ||
| Q1 25 | $-22.0M | $659.0K | ||
| Q4 24 | $-38.7M | $1.8M | ||
| Q3 24 | $8.0M | $-309.0K | ||
| Q2 24 | $21.3M | $3.2M | ||
| Q1 24 | $-39.1M | $20.5M |
自由现金流AIRGP
| Q4 25 | $-46.9M | $15.6M | ||
| Q3 25 | $-34.3M | $-8.0M | ||
| Q2 25 | $10.3M | $16.5M | ||
| Q1 25 | $-22.4M | $238.0K | ||
| Q4 24 | $-39.5M | $61.0K | ||
| Q3 24 | $7.1M | $-575.0K | ||
| Q2 24 | $18.8M | $3.0M | ||
| Q1 24 | $-45.1M | $20.4M |
自由现金流率AIRGP
| Q4 25 | -62.4% | 13.2% | ||
| Q3 25 | -48.8% | -6.6% | ||
| Q2 25 | 9.5% | 11.8% | ||
| Q1 25 | -22.7% | 0.2% | ||
| Q4 24 | -41.9% | 0.0% | ||
| Q3 24 | 8.2% | -0.4% | ||
| Q2 24 | 21.7% | 2.1% | ||
| Q1 24 | -57.6% | 13.5% |
资本支出强度AIRGP
| Q4 25 | 0.5% | 0.3% | ||
| Q3 25 | 1.1% | 0.1% | ||
| Q2 25 | 0.9% | 0.2% | ||
| Q1 25 | 0.4% | 0.3% | ||
| Q4 24 | 0.9% | 1.2% | ||
| Q3 24 | 1.1% | 0.2% | ||
| Q2 24 | 2.9% | 0.1% | ||
| Q1 24 | 7.8% | 0.1% |
现金转化率AIRGP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 8.04× |
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
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
