vs
reAlpha Tech Corp.（AIRE）与戴德梁行（CWK）财务数据对比。点击上方公司名可切换其他公司
戴德梁行的季度营收约是reAlpha Tech Corp.的3254.4倍（$2.9B vs $895.3K）。戴德梁行净利率更高（-0.8% vs -541.6%，领先540.8%）。reAlpha Tech Corp.同比增速更快（70.1% vs 10.8%）。戴德梁行自由现金流更多（$234.3M vs $-2.4M）。过去两年reAlpha Tech Corp.的营收复合增速更高（562.1% vs 15.5%）
reAlpha Tech Corp是一家房地产科技企业，依托人工智能技术识别、收购并运营美国境内高收益的短租住宅物业，同时提供技术驱动的物业管理方案，优化住客体验，为个人及机构房产投资者提升资产收益。
戴德梁行是全球化的商业地产及物业管理服务提供商，总部位于美国伊利诺伊州芝加哥，由联合创始人J·克莱兹代尔·库什曼和伯纳德·韦克菲尔德共同创立，在全球商业地产服务领域拥有广泛的业务布局与专业服务能力，为各类客户提供定制化的地产相关解决方案。
AIRE vs CWK — 直观对比
营收规模更大
CWK
是对方的3254.4倍
$895.3K
营收增速更快
AIRE
高出59.3%
10.8%
净利率更高
CWK
高出540.8%
-541.6%
自由现金流更多
CWK
多$236.7M
$-2.4M
两年增速更快
AIRE
近两年复合增速
15.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $895.3K | $2.9B |
| 净利润 | $-4.8M | $-22.4M |
| 毛利率 | 62.7% | — |
| 营业利润率 | -507.8% | 6.1% |
| 净利率 | -541.6% | -0.8% |
| 营收同比 | 70.1% | 10.8% |
| 净利润同比 | 76.9% | -119.8% |
| 每股收益（稀释后） | $-0.02 | $-0.10 |
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AIRECWK
| Q4 25 | $895.3K | $2.9B | ||
| Q3 25 | $1.4M | $2.6B | ||
| Q2 25 | $1.3M | $2.5B | ||
| Q1 25 | $925.6K | $2.3B | ||
| Q4 24 | $526.4K | $2.6B | ||
| Q3 24 | $339.2K | $2.3B | ||
| Q2 24 | $62.4K | $2.3B | ||
| Q1 24 | $20.4K | $2.2B |
净利润AIRECWK
| Q4 25 | $-4.8M | $-22.4M | ||
| Q3 25 | $-5.8M | $51.4M | ||
| Q2 25 | $-4.1M | $57.3M | ||
| Q1 25 | $-2.8M | $1.9M | ||
| Q4 24 | $-21.0M | $112.9M | ||
| Q3 24 | $-2.1M | $33.7M | ||
| Q2 24 | $-1.5M | $13.5M | ||
| Q1 24 | $-1.4M | $-28.8M |
毛利率AIRECWK
| Q4 25 | 62.7% | — | ||
| Q3 25 | 51.9% | — | ||
| Q2 25 | 49.6% | — | ||
| Q1 25 | 56.0% | — | ||
| Q4 24 | 71.1% | — | ||
| Q3 24 | 66.6% | — | ||
| Q2 24 | 70.7% | — | ||
| Q1 24 | 10.7% | — |
营业利润率AIRECWK
| Q4 25 | -507.8% | 6.1% | ||
| Q3 25 | -342.4% | 4.1% | ||
| Q2 25 | -326.5% | 4.9% | ||
| Q1 25 | -261.7% | 2.0% | ||
| Q4 24 | -524.6% | 6.6% | ||
| Q3 24 | -479.1% | 3.2% | ||
| Q2 24 | -1939.6% | 3.1% | ||
| Q1 24 | -6397.0% | 0.9% |
净利率AIRECWK
| Q4 25 | -541.6% | -0.8% | ||
| Q3 25 | -400.1% | 2.0% | ||
| Q2 25 | -328.3% | 2.3% | ||
| Q1 25 | -307.9% | 0.1% | ||
| Q4 24 | -3994.4% | 4.3% | ||
| Q3 24 | -618.6% | 1.4% | ||
| Q2 24 | -2370.9% | 0.6% | ||
| Q1 24 | -6946.9% | -1.3% |
每股收益（稀释后）AIRECWK
| Q4 25 | $-0.02 | $-0.10 | ||
| Q3 25 | $-0.07 | $0.22 | ||
| Q2 25 | $-0.08 | $0.25 | ||
| Q1 25 | $-0.06 | $0.01 | ||
| Q4 24 | $-0.47 | $0.49 | ||
| Q3 24 | $-0.05 | $0.14 | ||
| Q2 24 | $-0.03 | $0.06 | ||
| Q1 24 | $-0.03 | $-0.13 |
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 | $7.8M | $784.2M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $11.5M | $2.0B |
| 总资产 | $21.7M | $7.7B |
| 负债/权益比越低杠杆越低 | — | 1.40× |
8季度趋势，按日历期对齐
现金及短期投资AIRECWK
| Q4 25 | $7.8M | $784.2M | ||
| Q3 25 | — | $634.4M | ||
| Q2 25 | $587.3K | $618.2M | ||
| Q1 25 | $1.2M | $623.2M | ||
| Q4 24 | $3.1M | $793.3M | ||
| Q3 24 | $7.1M | $775.4M | ||
| Q2 24 | $3.7M | $567.3M | ||
| Q1 24 | $4.8M | $553.5M |
总债务AIRECWK
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | $152.9K | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $241.1K | $3.0B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.2B |
股东权益AIRECWK
| Q4 25 | $11.5M | $2.0B | ||
| Q3 25 | $10.9M | $2.0B | ||
| Q2 25 | $-1.1M | $1.9B | ||
| Q1 25 | $-972.3K | $1.8B | ||
| Q4 24 | $1.6M | $1.8B | ||
| Q3 24 | $22.5M | $1.7B | ||
| Q2 24 | $22.2M | $1.6B | ||
| Q1 24 | $23.3M | $1.6B |
总资产AIRECWK
| Q4 25 | $21.7M | $7.7B | ||
| Q3 25 | $19.7M | $7.7B | ||
| Q2 25 | $15.5M | $7.6B | ||
| Q1 25 | $18.5M | $7.4B | ||
| Q4 24 | $12.0M | $7.5B | ||
| Q3 24 | $34.2M | $7.5B | ||
| Q2 24 | $24.6M | $7.3B | ||
| Q1 24 | $25.4M | $7.5B |
负债/权益比AIRECWK
| Q4 25 | — | 1.40× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.70× | ||
| Q4 24 | 0.15× | 1.73× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.96× |
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 | $-2.4M | $257.3M |
| 自由现金流经营现金流 - 资本支出 | $-2.4M | $234.3M |
| 自由现金流率自由现金流/营收 | -270.9% | 8.0% |
| 资本支出强度资本支出/营收 | 1.1% | 0.8% |
| 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 | $-11.3M | $293.0M |
8季度趋势，按日历期对齐
经营现金流AIRECWK
| Q4 25 | $-2.4M | $257.3M | ||
| Q3 25 | $-4.2M | $235.5M | ||
| Q2 25 | $-2.3M | $9.6M | ||
| Q1 25 | $-2.3M | $-162.0M | ||
| Q4 24 | $-2.2M | $115.2M | ||
| Q3 24 | $-1.3M | $196.1M | ||
| Q2 24 | $-1.0M | $21.8M | ||
| Q1 24 | $-1.5M | $-125.1M |
自由现金流AIRECWK
| Q4 25 | $-2.4M | $234.3M | ||
| Q3 25 | $-4.3M | $225.0M | ||
| Q2 25 | $-2.3M | $300.0K | ||
| Q1 25 | $-2.3M | $-166.6M | ||
| Q4 24 | — | $105.9M | ||
| Q3 24 | $-1.3M | $186.7M | ||
| Q2 24 | — | $10.0M | ||
| Q1 24 | — | $-135.6M |
自由现金流率AIRECWK
| Q4 25 | -270.9% | 8.0% | ||
| Q3 25 | -294.1% | 8.6% | ||
| Q2 25 | -187.5% | 0.0% | ||
| Q1 25 | -246.4% | -7.3% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | -372.2% | 8.0% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -6.2% |
资本支出强度AIRECWK
| Q4 25 | 1.1% | 0.8% | ||
| Q3 25 | 0.4% | 0.4% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 1.5% | 0.2% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 2.2% | 0.4% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.5% |
现金转化率AIRECWK
| Q4 25 | — | — | ||
| Q3 25 | — | 4.58× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | -85.26× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 5.82× | ||
| Q2 24 | — | 1.61× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
