vs
Concrete Pumping Holdings, Inc.（BBCP）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是Concrete Pumping Holdings, Inc.的1.2倍（$123.0M vs $98.9M），微策略同比增速更快（1.9% vs -3.2%），过去两年Concrete Pumping Holdings, Inc.的营收复合增速更高（4.8% vs 3.3%）
Concrete Pumping Holdings, Inc.是领先的混凝土泵送服务及相关设备租赁供应商，主要面向美国和英国市场，业务覆盖基础设施建设、商业地产开发、住宅建造等核心建筑领域，为各类项目提供高效安全的混凝土输送解决方案。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
BBCP vs MSTR — 直观对比
营收规模更大
MSTR
是对方的1.2倍
$98.9M
营收增速更快
MSTR
高出5.1%
-3.2%
两年增速更快
BBCP
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $98.9M | $123.0M |
| 净利润 | $5.3M | — |
| 毛利率 | 43.8% | 66.1% |
| 营业利润率 | 17.0% | — |
| 净利率 | 5.4% | — |
| 营收同比 | -3.2% | 1.9% |
| 净利润同比 | -43.6% | — |
| 每股收益（稀释后） | $0.09 | — |
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BBCPMSTR
| Q4 25 | $98.9M | $123.0M | ||
| Q3 25 | $94.2M | $128.7M | ||
| Q2 25 | $85.2M | $114.5M | ||
| Q1 25 | $78.0M | $111.1M | ||
| Q4 24 | $102.1M | $120.7M | ||
| Q3 24 | $100.6M | $116.1M | ||
| Q2 24 | $98.7M | $111.4M | ||
| Q1 24 | $90.0M | $115.2M |
净利润BBCPMSTR
| Q4 25 | $5.3M | — | ||
| Q3 25 | $3.7M | $2.8B | ||
| Q2 25 | $-4.0K | $10.0B | ||
| Q1 25 | $-2.6M | $-4.2B | ||
| Q4 24 | $9.4M | $-670.8M | ||
| Q3 24 | $7.6M | $-340.2M | ||
| Q2 24 | $3.0M | $-102.6M | ||
| Q1 24 | $-3.8M | $-53.1M |
毛利率BBCPMSTR
| Q4 25 | 43.8% | 66.1% | ||
| Q3 25 | 42.9% | 70.5% | ||
| Q2 25 | 42.5% | 68.8% | ||
| Q1 25 | 40.0% | 69.4% | ||
| Q4 24 | 45.3% | 71.7% | ||
| Q3 24 | 44.3% | 70.4% | ||
| Q2 24 | 42.3% | 72.2% | ||
| Q1 24 | 37.0% | 74.0% |
营业利润率BBCPMSTR
| Q4 25 | 17.0% | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | 4.5% | -5331.4% | ||
| Q4 24 | 18.8% | -842.1% | ||
| Q3 24 | 16.5% | -372.7% | ||
| Q2 24 | 12.2% | -179.7% | ||
| Q1 24 | 1.6% | -176.8% |
净利率BBCPMSTR
| Q4 25 | 5.4% | — | ||
| Q3 25 | 3.9% | 2164.1% | ||
| Q2 25 | -0.0% | 8752.7% | ||
| Q1 25 | -3.4% | -3797.2% | ||
| Q4 24 | 9.2% | -555.8% | ||
| Q3 24 | 7.5% | -293.1% | ||
| Q2 24 | 3.1% | -92.0% | ||
| Q1 24 | -4.3% | -46.1% |
每股收益（稀释后）BBCPMSTR
| Q4 25 | $0.09 | — | ||
| Q3 25 | $0.07 | $8.42 | ||
| Q2 25 | $-0.01 | $32.60 | ||
| Q1 25 | $-0.06 | $-16.49 | ||
| Q4 24 | $0.16 | $4.49 | ||
| Q3 24 | $0.13 | $-1.72 | ||
| Q2 24 | $0.05 | $-0.57 | ||
| Q1 24 | $-0.08 | $-0.31 |
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 | $44.4M | $2.3B |
| 总债务越低越好 | $417.9M | $8.2B |
| 股东权益账面价值 | $264.8M | $44.1B |
| 总资产 | $879.5M | $61.6B |
| 负债/权益比越低杠杆越低 | 1.58× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资BBCPMSTR
| Q4 25 | $44.4M | $2.3B | ||
| Q3 25 | $41.0M | $54.3M | ||
| Q2 25 | $37.8M | $50.1M | ||
| Q1 25 | $85.1M | $60.3M | ||
| Q4 24 | $43.0M | $38.1M | ||
| Q3 24 | $26.3M | $46.3M | ||
| Q2 24 | $18.0M | $66.9M | ||
| Q1 24 | $14.7M | $81.3M |
总债务BBCPMSTR
| Q4 25 | $417.9M | $8.2B | ||
| Q3 25 | $417.6M | $8.2B | ||
| Q2 25 | $417.3M | $8.2B | ||
| Q1 25 | $417.1M | $8.1B | ||
| Q4 24 | $373.3M | $7.2B | ||
| Q3 24 | $372.9M | $4.2B | ||
| Q2 24 | $372.6M | $3.8B | ||
| Q1 24 | $372.2M | $3.6B |
股东权益BBCPMSTR
| Q4 25 | $264.8M | $44.1B | ||
| Q3 25 | $261.3M | $52.3B | ||
| Q2 25 | $261.8M | $47.5B | ||
| Q1 25 | $260.7M | $32.2B | ||
| Q4 24 | $321.7M | $18.2B | ||
| Q3 24 | $314.7M | $3.8B | ||
| Q2 24 | $308.3M | $2.8B | ||
| Q1 24 | $307.9M | $2.4B |
总资产BBCPMSTR
| Q4 25 | $879.5M | $61.6B | ||
| Q3 25 | $886.0M | $73.6B | ||
| Q2 25 | $878.8M | $64.8B | ||
| Q1 25 | $912.9M | $43.9B | ||
| Q4 24 | $898.0M | $25.8B | ||
| Q3 24 | $890.8M | $8.3B | ||
| Q2 24 | $894.7M | $7.1B | ||
| Q1 24 | $894.8M | $6.4B |
负债/权益比BBCPMSTR
| Q4 25 | 1.58× | 0.19× | ||
| Q3 25 | 1.60× | 0.16× | ||
| Q2 25 | 1.59× | 0.17× | ||
| Q1 25 | 1.60× | 0.25× | ||
| Q4 24 | 1.16× | 0.39× | ||
| Q3 24 | 1.19× | 1.12× | ||
| Q2 24 | 1.21× | 1.36× | ||
| Q1 24 | 1.21× | 1.48× |
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 | $14.5M | — |
| 自由现金流经营现金流 - 资本支出 | $1.9M | — |
| 自由现金流率自由现金流/营收 | 1.9% | — |
| 资本支出强度资本支出/营收 | 12.7% | — |
| 现金转化率经营现金流/净利润 | 2.72× | — |
| 过去12个月自由现金流最近4个季度 | $17.5M | — |
8季度趋势，按日历期对齐
经营现金流BBCPMSTR
| Q4 25 | $14.5M | — | ||
| Q3 25 | $19.1M | $-8.3M | ||
| Q2 25 | $24.7M | $-34.9M | ||
| Q1 25 | $6.0M | $-2.4M | ||
| Q4 24 | $22.4M | $-17.3M | ||
| Q3 24 | $35.0M | $-41.0M | ||
| Q2 24 | $9.1M | $-23.3M | ||
| Q1 24 | $20.3M | $28.6M |
自由现金流BBCPMSTR
| Q4 25 | $1.9M | — | ||
| Q3 25 | $4.3M | $-11.1M | ||
| Q2 25 | $11.1M | $-37.0M | ||
| Q1 25 | $191.0K | $-5.1M | ||
| Q4 24 | $16.1M | $-17.6M | ||
| Q3 24 | $26.4M | $-41.4M | ||
| Q2 24 | $-1.9M | $-24.1M | ||
| Q1 24 | $2.5M | $27.0M |
自由现金流率BBCPMSTR
| Q4 25 | 1.9% | — | ||
| Q3 25 | 4.6% | -8.6% | ||
| Q2 25 | 13.0% | -32.3% | ||
| Q1 25 | 0.2% | -4.6% | ||
| Q4 24 | 15.8% | -14.6% | ||
| Q3 24 | 26.2% | -35.7% | ||
| Q2 24 | -1.9% | -21.6% | ||
| Q1 24 | 2.8% | 23.5% |
资本支出强度BBCPMSTR
| Q4 25 | 12.7% | — | ||
| Q3 25 | 15.7% | 2.2% | ||
| Q2 25 | 16.0% | 1.8% | ||
| Q1 25 | 7.5% | 2.5% | ||
| Q4 24 | 6.2% | 0.2% | ||
| Q3 24 | 8.6% | 0.4% | ||
| Q2 24 | 11.2% | 0.6% | ||
| Q1 24 | 19.7% | 1.3% |
现金转化率BBCPMSTR
| Q4 25 | 2.72× | — | ||
| Q3 25 | 5.16× | -0.00× | ||
| Q2 25 | — | -0.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 4.63× | — | ||
| Q2 24 | 3.00× | — | ||
| Q1 24 | — | — |
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
BBCP
| US Concrete Pumping | $72.2M | 73% |
| US Concrete Waste Management Services | $21.3M | 22% |
| Other | $5.4M | 5% |
MSTR
暂无分部数据
