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AeroVironment Inc（AVAV）与PROCORE TECHNOLOGIES, INC.（PCOR）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是PROCORE TECHNOLOGIES, INC.的1.4倍（$472.5M vs $349.1M），AeroVironment Inc净利率更高（-3.6% vs -10.8%，领先7.2%），AeroVironment Inc同比增速更快（181.9% vs 15.6%），PROCORE TECHNOLOGIES, INC.自由现金流更多（$109.2M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 13.8%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
AVAV vs PCOR — 直观对比
营收规模更大
AVAV
是对方的1.4倍
$349.1M
营收增速更快
AVAV
高出166.3%
15.6%
净利率更高
AVAV
高出7.2%
-10.8%
自由现金流更多
PCOR
多$165.1M
$-55.9M
两年增速更快
AVAV
近两年复合增速
13.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $349.1M |
| 净利润 | $-17.1M | $-37.6M |
| 毛利率 | 22.0% | 80.1% |
| 营业利润率 | -6.4% | -12.3% |
| 净利率 | -3.6% | -10.8% |
| 营收同比 | 181.9% | 15.6% |
| 净利润同比 | -875.1% | 39.6% |
| 每股收益（稀释后） | $-0.34 | $-0.25 |
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AVAVPCOR
| Q4 25 | $472.5M | $349.1M | ||
| Q3 25 | $454.7M | $338.9M | ||
| Q2 25 | $275.1M | $323.9M | ||
| Q1 25 | $167.6M | $310.6M | ||
| Q4 24 | $188.5M | $302.0M | ||
| Q3 24 | $189.5M | $295.9M | ||
| Q2 24 | $197.0M | $284.3M | ||
| Q1 24 | $186.6M | $269.4M |
净利润AVAVPCOR
| Q4 25 | $-17.1M | $-37.6M | ||
| Q3 25 | $-67.4M | $-9.1M | ||
| Q2 25 | $16.7M | $-21.1M | ||
| Q1 25 | $-1.8M | $-33.0M | ||
| Q4 24 | $7.5M | $-62.3M | ||
| Q3 24 | $21.2M | $-26.4M | ||
| Q2 24 | $6.0M | $-6.3M | ||
| Q1 24 | $13.9M | $-11.0M |
毛利率AVAVPCOR
| Q4 25 | 22.0% | 80.1% | ||
| Q3 25 | 20.9% | 79.7% | ||
| Q2 25 | 36.5% | 79.1% | ||
| Q1 25 | 37.7% | 79.1% | ||
| Q4 24 | 39.1% | 81.2% | ||
| Q3 24 | 43.0% | 81.4% | ||
| Q2 24 | 38.4% | 83.1% | ||
| Q1 24 | 36.1% | 83.0% |
营业利润率AVAVPCOR
| Q4 25 | -6.4% | -12.3% | ||
| Q3 25 | -15.2% | -4.4% | ||
| Q2 25 | 5.0% | -9.3% | ||
| Q1 25 | -1.8% | -11.7% | ||
| Q4 24 | 3.7% | -21.9% | ||
| Q3 24 | 12.2% | -12.3% | ||
| Q2 24 | 3.0% | -5.2% | ||
| Q1 24 | 7.7% | -7.0% |
净利率AVAVPCOR
| Q4 25 | -3.6% | -10.8% | ||
| Q3 25 | -14.8% | -2.7% | ||
| Q2 25 | 6.1% | -6.5% | ||
| Q1 25 | -1.0% | -10.6% | ||
| Q4 24 | 4.0% | -20.6% | ||
| Q3 24 | 11.2% | -8.9% | ||
| Q2 24 | 3.1% | -2.2% | ||
| Q1 24 | 7.4% | -4.1% |
每股收益（稀释后）AVAVPCOR
| Q4 25 | $-0.34 | $-0.25 | ||
| Q3 25 | $-1.44 | $-0.06 | ||
| Q2 25 | $0.59 | $-0.14 | ||
| Q1 25 | $-0.06 | $-0.22 | ||
| Q4 24 | $0.27 | $-0.42 | ||
| Q3 24 | $0.75 | $-0.18 | ||
| Q2 24 | $0.18 | $-0.04 | ||
| Q1 24 | $0.50 | $-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 | $588.5M | $768.5M |
| 总债务越低越好 | $747.5M | — |
| 股东权益账面价值 | $4.4B | $1.3B |
| 总资产 | $5.6B | $2.2B |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资AVAVPCOR
| Q4 25 | $588.5M | $768.5M | ||
| Q3 25 | $685.8M | $684.0M | ||
| Q2 25 | $40.9M | $620.9M | ||
| Q1 25 | $47.0M | $566.7M | ||
| Q4 24 | $69.0M | $775.4M | ||
| Q3 24 | $81.2M | $756.9M | ||
| Q2 24 | $73.3M | $735.4M | ||
| Q1 24 | $107.7M | $744.6M |
总债务AVAVPCOR
| Q4 25 | $747.5M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $17.5M | — | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $40.0M | — |
股东权益AVAVPCOR
| Q4 25 | $4.4B | $1.3B | ||
| Q3 25 | $4.4B | $1.2B | ||
| Q2 25 | $886.5M | $1.2B | ||
| Q1 25 | $861.1M | $1.2B | ||
| Q4 24 | $858.4M | $1.3B | ||
| Q3 24 | $845.5M | $1.3B | ||
| Q2 24 | $822.7M | $1.3B | ||
| Q1 24 | $813.0M | $1.2B |
总资产AVAVPCOR
| Q4 25 | $5.6B | $2.2B | ||
| Q3 25 | $5.6B | $2.1B | ||
| Q2 25 | $1.1B | $2.0B | ||
| Q1 25 | $1.0B | $1.9B | ||
| Q4 24 | $1.0B | $2.1B | ||
| Q3 24 | $999.2M | $2.0B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $980.3M | $1.9B |
负债/权益比AVAVPCOR
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.05× | — |
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 | $-45.1M | $114.9M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $109.2M |
| 自由现金流率自由现金流/营收 | -11.8% | 31.3% |
| 资本支出强度资本支出/营收 | 2.3% | 1.6% |
| 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 | $-240.7M | $282.2M |
8季度趋势，按日历期对齐
经营现金流AVAVPCOR
| Q4 25 | $-45.1M | $114.9M | ||
| Q3 25 | $-123.7M | $88.5M | ||
| Q2 25 | $-264.0K | $30.8M | ||
| Q1 25 | $-25.8M | $66.0M | ||
| Q4 24 | $-3.6M | $29.1M | ||
| Q3 24 | $28.4M | $39.3M | ||
| Q2 24 | $-11.7M | $58.7M | ||
| Q1 24 | $52.6M | $69.1M |
自由现金流AVAVPCOR
| Q4 25 | $-55.9M | $109.2M | ||
| Q3 25 | $-146.5M | $83.1M | ||
| Q2 25 | $-8.8M | $27.9M | ||
| Q1 25 | $-29.6M | $62.0M | ||
| Q4 24 | $-8.7M | $17.4M | ||
| Q3 24 | $22.9M | $35.7M | ||
| Q2 24 | $-20.8M | $56.8M | ||
| Q1 24 | $48.8M | $67.1M |
自由现金流率AVAVPCOR
| Q4 25 | -11.8% | 31.3% | ||
| Q3 25 | -32.2% | 24.5% | ||
| Q2 25 | -3.2% | 8.6% | ||
| Q1 25 | -17.7% | 20.0% | ||
| Q4 24 | -4.6% | 5.8% | ||
| Q3 24 | 12.1% | 12.1% | ||
| Q2 24 | -10.5% | 20.0% | ||
| Q1 24 | 26.1% | 24.9% |
资本支出强度AVAVPCOR
| Q4 25 | 2.3% | 1.6% | ||
| Q3 25 | 5.0% | 1.6% | ||
| Q2 25 | 3.1% | 0.9% | ||
| Q1 25 | 2.3% | 1.3% | ||
| Q4 24 | 2.7% | 3.9% | ||
| Q3 24 | 2.9% | 1.2% | ||
| Q2 24 | 4.6% | 0.7% | ||
| Q1 24 | 2.0% | 0.8% |
现金转化率AVAVPCOR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -1.93× | — | ||
| Q1 24 | 3.79× | — |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
