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BOX INC（BOX）与Tarsus Pharmaceuticals, Inc.（TARS）财务数据对比。点击上方公司名可切换其他公司
BOX INC的季度营收约是Tarsus Pharmaceuticals, Inc.的2.0倍（$301.1M vs $151.7M），BOX INC净利率更高（4.0% vs -5.5%，领先9.5%），Tarsus Pharmaceuticals, Inc.同比增速更快（128.4% vs 9.1%），BOX INC自由现金流更多（$71.3M vs $13.0M），过去两年Tarsus Pharmaceuticals, Inc.的营收复合增速更高（134.4% vs 7.0%）
Box Inc.是总部位于美国加利福尼亚州红木城的上市企业，由亚伦·莱维和迪伦·史密斯于2005年创立，最初面向个人消费者服务，2009至2010年前后转向企业级市场，2015年正式上市。公司专注于开发、运营云端内容管理、协同办公及文件共享工具，帮助企业用户便捷存储、管理各类文件，提升团队协作效率。
Tarsus Pharmaceuticals是一家处于后期临床阶段的生物制药公司，专注于眼科、皮肤科等专科领域创新疗法的研发和商业化，主打产品针对蠕形螨睑缘炎、玫瑰痤疮等未被充分诊断的常见病症，核心市场为美国。
BOX vs TARS — 直观对比
营收规模更大
BOX
是对方的2.0倍
$151.7M
营收增速更快
TARS
高出119.3%
9.1%
净利率更高
BOX
高出9.5%
-5.5%
自由现金流更多
BOX
多$58.3M
$13.0M
两年增速更快
TARS
近两年复合增速
7.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $301.1M | $151.7M |
| 净利润 | $12.1M | $-8.4M |
| 毛利率 | 79.6% | — |
| 营业利润率 | 8.3% | -5.3% |
| 净利率 | 4.0% | -5.5% |
| 营收同比 | 9.1% | 128.4% |
| 净利润同比 | -6.4% | 63.8% |
| 每股收益（稀释后） | $0.05 | $-0.17 |
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BOXTARS
| Q4 25 | $301.1M | $151.7M | ||
| Q3 25 | $294.0M | $118.7M | ||
| Q2 25 | $276.3M | $102.7M | ||
| Q1 25 | $279.5M | $78.3M | ||
| Q4 24 | $275.9M | $66.4M | ||
| Q3 24 | $270.0M | $48.1M | ||
| Q2 24 | $264.7M | $40.8M | ||
| Q1 24 | $262.9M | $27.6M |
净利润BOXTARS
| Q4 25 | $12.1M | $-8.4M | ||
| Q3 25 | $13.4M | $-12.6M | ||
| Q2 25 | $8.2M | $-20.3M | ||
| Q1 25 | $194.0M | $-25.1M | ||
| Q4 24 | $12.9M | $-23.1M | ||
| Q3 24 | $20.5M | $-23.4M | ||
| Q2 24 | $17.2M | $-33.3M | ||
| Q1 24 | $99.2M | $-35.7M |
毛利率BOXTARS
| Q4 25 | 79.6% | — | ||
| Q3 25 | 79.1% | — | ||
| Q2 25 | 78.0% | — | ||
| Q1 25 | 79.0% | — | ||
| Q4 24 | 79.9% | — | ||
| Q3 24 | 79.4% | — | ||
| Q2 24 | 78.0% | — | ||
| Q1 24 | 76.1% | — |
营业利润率BOXTARS
| Q4 25 | 8.3% | -5.3% | ||
| Q3 25 | 7.0% | -12.2% | ||
| Q2 25 | 2.3% | -21.6% | ||
| Q1 25 | 6.4% | -33.5% | ||
| Q4 24 | 8.5% | -36.8% | ||
| Q3 24 | 7.5% | -52.3% | ||
| Q2 24 | 6.8% | -81.6% | ||
| Q1 24 | 8.1% | -136.5% |
净利率BOXTARS
| Q4 25 | 4.0% | -5.5% | ||
| Q3 25 | 4.6% | -10.6% | ||
| Q2 25 | 3.0% | -19.8% | ||
| Q1 25 | 69.4% | -32.1% | ||
| Q4 24 | 4.7% | -34.8% | ||
| Q3 24 | 7.6% | -48.7% | ||
| Q2 24 | 6.5% | -81.6% | ||
| Q1 24 | 37.7% | -129.4% |
每股收益（稀释后）BOXTARS
| Q4 25 | $0.05 | $-0.17 | ||
| Q3 25 | $0.05 | $-0.30 | ||
| Q2 25 | $0.02 | $-0.48 | ||
| Q1 25 | $1.13 | $-0.64 | ||
| Q4 24 | $0.05 | $-0.57 | ||
| Q3 24 | $0.10 | $-0.61 | ||
| Q2 24 | $0.08 | $-0.88 | ||
| Q1 24 | $0.57 | $-1.01 |
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 | $729.6M | $417.3M |
| 总债务越低越好 | — | $72.4M |
| 股东权益账面价值 | $-286.6M | $343.4M |
| 总资产 | $1.6B | $562.2M |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资BOXTARS
| Q4 25 | $729.6M | $417.3M | ||
| Q3 25 | $757.9M | $401.8M | ||
| Q2 25 | $790.4M | $381.1M | ||
| Q1 25 | $722.8M | $407.9M | ||
| Q4 24 | $697.9M | $291.4M | ||
| Q3 24 | $482.2M | $317.0M | ||
| Q2 24 | $566.1M | $323.6M | ||
| Q1 24 | $480.7M | $298.5M |
总债务BOXTARS
| Q4 25 | — | $72.4M | ||
| Q3 25 | — | $72.3M | ||
| Q2 25 | — | $72.1M | ||
| Q1 25 | — | $72.0M | ||
| Q4 24 | — | $71.8M | ||
| Q3 24 | — | $71.7M | ||
| Q2 24 | — | $71.6M | ||
| Q1 24 | — | $29.9M |
股东权益BOXTARS
| Q4 25 | $-286.6M | $343.4M | ||
| Q3 25 | $-269.4M | $335.1M | ||
| Q2 25 | $-280.1M | $332.6M | ||
| Q1 25 | $-297.0M | $342.5M | ||
| Q4 24 | $-479.9M | $224.5M | ||
| Q3 24 | $-439.4M | $237.5M | ||
| Q2 24 | $-397.9M | $252.2M | ||
| Q1 24 | $-431.1M | $275.2M |
总资产BOXTARS
| Q4 25 | $1.6B | $562.2M | ||
| Q3 25 | $1.6B | $534.6M | ||
| Q2 25 | $1.6B | $495.0M | ||
| Q1 25 | $1.7B | $500.8M | ||
| Q4 24 | $1.4B | $377.0M | ||
| Q3 24 | $1.1B | $376.3M | ||
| Q2 24 | $1.2B | $376.8M | ||
| Q1 24 | $1.2B | $349.3M |
负债/权益比BOXTARS
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.22× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | 0.28× | ||
| Q1 24 | — | 0.11× |
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 | $73.0M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $71.3M | $13.0M |
| 自由现金流率自由现金流/营收 | 23.7% | 8.6% |
| 资本支出强度资本支出/营收 | 0.6% | 4.2% |
| 现金转化率经营现金流/净利润 | 6.05× | — |
| 过去12个月自由现金流最近4个季度 | $343.5M | $-22.3M |
8季度趋势，按日历期对齐
经营现金流BOXTARS
| Q4 25 | $73.0M | $19.3M | ||
| Q3 25 | $46.0M | $18.3M | ||
| Q2 25 | $127.1M | $-29.4M | ||
| Q1 25 | $102.2M | $-20.7M | ||
| Q4 24 | $62.6M | $-22.2M | ||
| Q3 24 | $36.3M | $-8.7M | ||
| Q2 24 | $131.2M | $-14.4M | ||
| Q1 24 | $89.3M | $-37.8M |
自由现金流BOXTARS
| Q4 25 | $71.3M | $13.0M | ||
| Q3 25 | $43.9M | $16.3M | ||
| Q2 25 | $126.7M | $-30.4M | ||
| Q1 25 | $101.5M | $-21.2M | ||
| Q4 24 | $62.3M | $-22.3M | ||
| Q3 24 | $35.9M | $-8.9M | ||
| Q2 24 | $129.9M | $-15.4M | ||
| Q1 24 | $89.1M | $-38.0M |
自由现金流率BOXTARS
| Q4 25 | 23.7% | 8.6% | ||
| Q3 25 | 14.9% | 13.8% | ||
| Q2 25 | 45.9% | -29.6% | ||
| Q1 25 | 36.3% | -27.1% | ||
| Q4 24 | 22.6% | -33.5% | ||
| Q3 24 | 13.3% | -18.6% | ||
| Q2 24 | 49.1% | -37.8% | ||
| Q1 24 | 33.9% | -137.5% |
资本支出强度BOXTARS
| Q4 25 | 0.6% | 4.2% | ||
| Q3 25 | 0.7% | 1.6% | ||
| Q2 25 | 0.1% | 1.0% | ||
| Q1 25 | 0.2% | 0.8% | ||
| Q4 24 | 0.1% | 0.1% | ||
| Q3 24 | 0.1% | 0.6% | ||
| Q2 24 | 0.5% | 2.5% | ||
| Q1 24 | 0.1% | 0.6% |
现金转化率BOXTARS
| Q4 25 | 6.05× | — | ||
| Q3 25 | 3.42× | — | ||
| Q2 25 | 15.51× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 4.85× | — | ||
| Q3 24 | 1.77× | — | ||
| Q2 24 | 7.62× | — | ||
| Q1 24 | 0.90× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
