vs
Artisan Partners Asset Management Inc.（APAM）与Coursera, Inc.（COUR）财务数据对比。点击上方公司名可切换其他公司
Artisan Partners Asset Management Inc.的季度营收约是Coursera, Inc.的1.7倍（$335.5M vs $196.9M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -13.6%，领先48.8%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs 9.9%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $5.4M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 7.9%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
Coursera Inc.是美国营利性在线教育平台，由斯坦福大学计算机科学教授吴恩达与达芙妮·科勒于2012年创立。创立初期它作为全球大型开放式网络课程平台运营，目前和全球多所大学及各类机构合作，提供涵盖多个学科领域的在线课程、证书与学位项目。
APAM vs COUR — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $196.9M |
| 净利润 | $118.1M | $-26.8M |
| 毛利率 | — | 54.2% |
| 营业利润率 | 39.2% | -16.4% |
| 净利率 | 35.2% | -13.6% |
| 营收同比 | 12.9% | 9.9% |
| 净利润同比 | 34.9% | -24.1% |
| 每股收益（稀释后） | $1.36 | $-0.16 |
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
| Q4 25 | $335.5M | $196.9M | ||
| Q3 25 | $301.3M | $194.2M | ||
| Q2 25 | $282.7M | $187.1M | ||
| Q1 25 | $277.1M | $179.3M | ||
| Q4 24 | $297.1M | $179.2M | ||
| Q3 24 | $279.6M | $176.1M | ||
| Q2 24 | $270.8M | $170.3M | ||
| Q1 24 | $264.4M | $169.1M |
| Q4 25 | $118.1M | $-26.8M | ||
| Q3 25 | $66.8M | $-8.6M | ||
| Q2 25 | $67.6M | $-7.8M | ||
| Q1 25 | $61.1M | $-7.8M | ||
| Q4 24 | $87.5M | $-21.6M | ||
| Q3 24 | $73.0M | $-13.7M | ||
| Q2 24 | $57.6M | $-22.9M | ||
| Q1 24 | $59.5M | $-21.3M |
| Q4 25 | — | 54.2% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | — | 54.9% | ||
| Q1 25 | — | 54.6% | ||
| Q4 24 | — | 53.3% | ||
| Q3 24 | — | 54.6% | ||
| Q2 24 | — | 53.0% | ||
| Q1 24 | — | 52.9% |
| Q4 25 | 39.2% | -16.4% | ||
| Q3 25 | 33.8% | -8.0% | ||
| Q2 25 | 28.2% | -8.1% | ||
| Q1 25 | 31.2% | -8.0% | ||
| Q4 24 | 36.7% | -17.0% | ||
| Q3 24 | 33.3% | -12.3% | ||
| Q2 24 | 32.0% | -18.3% | ||
| Q1 24 | 29.4% | -17.6% |
| Q4 25 | 35.2% | -13.6% | ||
| Q3 25 | 22.2% | -4.4% | ||
| Q2 25 | 23.9% | -4.2% | ||
| Q1 25 | 22.1% | -4.4% | ||
| Q4 24 | 29.5% | -12.1% | ||
| Q3 24 | 26.1% | -7.8% | ||
| Q2 24 | 21.3% | -13.4% | ||
| Q1 24 | 22.5% | -12.6% |
| Q4 25 | $1.36 | $-0.16 | ||
| Q3 25 | $0.93 | $-0.05 | ||
| Q2 25 | $0.94 | $-0.05 | ||
| Q1 25 | $0.82 | $-0.05 | ||
| Q4 24 | $0.99 | $-0.13 | ||
| Q3 24 | $1.03 | $-0.09 | ||
| Q2 24 | $0.80 | $-0.15 | ||
| Q1 24 | $0.84 | $-0.14 |
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 | — | $792.6M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $635.7M |
| 总资产 | $1.6B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
| Q4 25 | — | $792.6M | ||
| Q3 25 | — | $797.7M | ||
| Q2 25 | — | $775.1M | ||
| Q1 25 | — | $748.0M | ||
| Q4 24 | — | $726.1M | ||
| Q3 24 | — | $719.4M | ||
| Q2 24 | — | $708.8M | ||
| Q1 24 | — | $725.4M |
| Q4 25 | $190.0M | — | ||
| Q3 25 | $190.0M | — | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | — | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $200.0M | — | ||
| Q1 24 | $200.0M | — |
| Q4 25 | $438.8M | $635.7M | ||
| Q3 25 | $402.1M | $639.5M | ||
| Q2 25 | $381.8M | $627.0M | ||
| Q1 25 | $356.5M | $610.5M | ||
| Q4 24 | $388.9M | $597.4M | ||
| Q3 24 | $372.1M | $593.3M | ||
| Q2 24 | $341.2M | $585.2M | ||
| Q1 24 | $320.3M | $609.1M |
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.6B | $995.3M | ||
| Q2 25 | $1.4B | $979.9M | ||
| Q1 25 | $1.4B | $951.2M | ||
| Q4 24 | $1.6B | $930.3M | ||
| Q3 24 | $1.6B | $914.1M | ||
| Q2 24 | $1.5B | $904.4M | ||
| Q1 24 | $1.5B | $916.3M |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.62× | — |
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 | $172.0M | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $5.4M |
| 自由现金流率自由现金流/营收 | 51.2% | 2.7% |
| 资本支出强度资本支出/营收 | 0.1% | 0.2% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | $107.2M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $5.8M | ||
| Q3 25 | $40.4M | $33.9M | ||
| Q2 25 | $50.9M | $35.5M | ||
| Q1 25 | $157.9M | $33.5M | ||
| Q4 24 | $372.8M | $19.2M | ||
| Q3 24 | $112.8M | $27.9M | ||
| Q2 24 | $75.9M | $23.8M | ||
| Q1 24 | $147.0M | $24.5M |
| Q4 25 | $171.6M | $5.4M | ||
| Q3 25 | $40.4M | $33.7M | ||
| Q2 25 | $50.9M | $35.1M | ||
| Q1 25 | $157.7M | $33.0M | ||
| Q4 24 | $371.3M | $18.1M | ||
| Q3 24 | $112.4M | $27.7M | ||
| Q2 24 | $75.2M | $23.6M | ||
| Q1 24 | $146.9M | $24.4M |
| Q4 25 | 51.2% | 2.7% | ||
| Q3 25 | 13.4% | 17.4% | ||
| Q2 25 | 18.0% | 18.8% | ||
| Q1 25 | 56.9% | 18.4% | ||
| Q4 24 | 125.0% | 10.1% | ||
| Q3 24 | 40.2% | 15.7% | ||
| Q2 24 | 27.8% | 13.9% | ||
| Q1 24 | 55.6% | 14.4% |
| Q4 25 | 0.1% | 0.2% | ||
| Q3 25 | 0.0% | 0.1% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | 0.1% | 0.3% | ||
| Q4 24 | 0.5% | 0.6% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 0.0% | 0.1% |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | — | ||
| Q1 24 | 2.47× | — |
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
APAM
暂无分部数据
COUR
| Consumer Segment | $131.5M | 67% |
| Enterprise Segment | $65.4M | 33% |
