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CarGurus, Inc.（CARG）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
Toast, Inc.的季度营收约是CarGurus, Inc.的7.8倍（$1.6B vs $209.1M）。CarGurus, Inc.净利率更高（23.8% vs 6.2%，领先17.6%）。Toast, Inc.同比增速更快（22.0% vs -8.5%）。Toast, Inc.自由现金流更多（$178.0M vs $81.9M）。过去两年Toast, Inc.的营收复合增速更高（23.3% vs -1.6%）
CarGurus是一家汽车研究与选购平台，在美国、英国和加拿大开展业务，为消费者和汽车经销商提供新二手车本地车源对比服务，同时支持用户与卖家直接联系，帮助购车群体高效适配心仪车辆，也为经销商搭建了精准的客户对接渠道。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
CARG vs TOST — 直观对比
营收规模更大
TOST
是对方的7.8倍
$209.1M
营收增速更快
TOST
高出30.6%
-8.5%
净利率更高
CARG
高出17.6%
6.2%
自由现金流更多
TOST
多$96.1M
$81.9M
两年增速更快
TOST
近两年复合增速
-1.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $209.1M | $1.6B |
| 净利润 | $49.8M | $101.0M |
| 毛利率 | — | 25.9% |
| 营业利润率 | 57.0% | 5.2% |
| 净利率 | 23.8% | 6.2% |
| 营收同比 | -8.5% | 22.0% |
| 净利润同比 | 8.5% | 215.6% |
| 每股收益（稀释后） | $0.51 | $0.18 |
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CARGTOST
| Q4 25 | $209.1M | $1.6B | ||
| Q3 25 | $238.7M | $1.6B | ||
| Q2 25 | $234.0M | $1.6B | ||
| Q1 25 | $225.2M | $1.3B | ||
| Q4 24 | $228.5M | $1.3B | ||
| Q3 24 | $231.4M | $1.3B | ||
| Q2 24 | $218.7M | $1.2B | ||
| Q1 24 | $215.8M | $1.1B |
净利润CARGTOST
| Q4 25 | $49.8M | $101.0M | ||
| Q3 25 | $44.7M | $105.0M | ||
| Q2 25 | $22.3M | $80.0M | ||
| Q1 25 | $39.0M | $56.0M | ||
| Q4 24 | $45.9M | $32.0M | ||
| Q3 24 | $22.5M | $56.0M | ||
| Q2 24 | $-68.7M | $14.0M | ||
| Q1 24 | $21.3M | $-83.0M |
毛利率CARGTOST
| Q4 25 | — | 25.9% | ||
| Q3 25 | 89.5% | 26.5% | ||
| Q2 25 | 87.3% | 25.3% | ||
| Q1 25 | 88.7% | 25.9% | ||
| Q4 24 | 87.1% | 24.9% | ||
| Q3 24 | 78.9% | 24.7% | ||
| Q2 24 | 83.4% | 23.0% | ||
| Q1 24 | 81.1% | 23.2% |
营业利润率CARGTOST
| Q4 25 | 57.0% | 5.2% | ||
| Q3 25 | 22.9% | 5.1% | ||
| Q2 25 | 10.6% | 5.2% | ||
| Q1 25 | 20.3% | 3.2% | ||
| Q4 24 | 23.3% | 2.5% | ||
| Q3 24 | 11.9% | 2.6% | ||
| Q2 24 | -42.8% | 0.4% | ||
| Q1 24 | 12.2% | -5.2% |
净利率CARGTOST
| Q4 25 | 23.8% | 6.2% | ||
| Q3 25 | 18.7% | 6.4% | ||
| Q2 25 | 9.5% | 5.2% | ||
| Q1 25 | 17.3% | 4.2% | ||
| Q4 24 | 20.1% | 2.4% | ||
| Q3 24 | 9.7% | 4.3% | ||
| Q2 24 | -31.4% | 1.1% | ||
| Q1 24 | 9.9% | -7.7% |
每股收益（稀释后）CARGTOST
| Q4 25 | $0.51 | $0.18 | ||
| Q3 25 | $0.45 | $0.16 | ||
| Q2 25 | $0.22 | $0.13 | ||
| Q1 25 | $0.37 | $0.09 | ||
| Q4 24 | $0.45 | $0.09 | ||
| Q3 24 | $0.21 | $0.07 | ||
| Q2 24 | $-0.66 | $0.02 | ||
| Q1 24 | $0.20 | $-0.15 |
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 | $190.5M | $1.4B |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $374.2M | $2.1B |
| 总资产 | $661.9M | $3.1B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资CARGTOST
| Q4 25 | $190.5M | $1.4B | ||
| Q3 25 | $178.8M | $1.4B | ||
| Q2 25 | $231.2M | $1.2B | ||
| Q1 25 | $172.9M | $1.0B | ||
| Q4 24 | $304.2M | $903.0M | ||
| Q3 24 | $246.7M | $761.0M | ||
| Q2 24 | $216.2M | $691.0M | ||
| Q1 24 | $246.3M | $578.0M |
总债务CARGTOST
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $0 | — |
股东权益CARGTOST
| Q4 25 | $374.2M | $2.1B | ||
| Q3 25 | $375.4M | $2.0B | ||
| Q2 25 | $435.5M | $1.8B | ||
| Q1 25 | $402.1M | $1.7B | ||
| Q4 24 | $541.7M | $1.5B | ||
| Q3 24 | $483.5M | $1.4B | ||
| Q2 24 | $452.1M | $1.3B | ||
| Q1 24 | $568.4M | $1.2B |
总资产CARGTOST
| Q4 25 | $661.9M | $3.1B | ||
| Q3 25 | $660.5M | $3.0B | ||
| Q2 25 | $726.1M | $2.8B | ||
| Q1 25 | $689.1M | $2.6B | ||
| Q4 24 | $824.5M | $2.4B | ||
| Q3 24 | $778.2M | $2.2B | ||
| Q2 24 | $753.3M | $2.2B | ||
| Q1 24 | $870.8M | $2.1B |
负债/权益比CARGTOST
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.00× | — |
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 | $83.1M | $194.0M |
| 自由现金流经营现金流 - 资本支出 | $81.9M | $178.0M |
| 自由现金流率自由现金流/营收 | 39.2% | 10.9% |
| 资本支出强度资本支出/营收 | 0.6% | 1.0% |
| 现金转化率经营现金流/净利润 | 1.67× | 1.92× |
| 过去12个月自由现金流最近4个季度 | $288.9M | $608.0M |
8季度趋势，按日历期对齐
经营现金流CARGTOST
| Q4 25 | $83.1M | $194.0M | ||
| Q3 25 | $71.2M | $165.0M | ||
| Q2 25 | $73.1M | $223.0M | ||
| Q1 25 | $67.9M | $79.0M | ||
| Q4 24 | $75.7M | $147.0M | ||
| Q3 24 | $56.2M | $109.0M | ||
| Q2 24 | $71.6M | $124.0M | ||
| Q1 24 | $52.0M | $-20.0M |
自由现金流CARGTOST
| Q4 25 | $81.9M | $178.0M | ||
| Q3 25 | $69.8M | $153.0M | ||
| Q2 25 | $71.5M | $208.0M | ||
| Q1 25 | $65.6M | $69.0M | ||
| Q4 24 | $65.5M | $134.0M | ||
| Q3 24 | $45.9M | $97.0M | ||
| Q2 24 | $45.6M | $108.0M | ||
| Q1 24 | $23.3M | $-33.0M |
自由现金流率CARGTOST
| Q4 25 | 39.2% | 10.9% | ||
| Q3 25 | 29.2% | 9.4% | ||
| Q2 25 | 30.6% | 13.4% | ||
| Q1 25 | 29.2% | 5.2% | ||
| Q4 24 | 28.7% | 10.0% | ||
| Q3 24 | 19.8% | 7.4% | ||
| Q2 24 | 20.9% | 8.7% | ||
| Q1 24 | 10.8% | -3.1% |
资本支出强度CARGTOST
| Q4 25 | 0.6% | 1.0% | ||
| Q3 25 | 0.6% | 0.7% | ||
| Q2 25 | 0.7% | 1.0% | ||
| Q1 25 | 1.0% | 0.7% | ||
| Q4 24 | 4.5% | 1.0% | ||
| Q3 24 | 4.4% | 0.9% | ||
| Q2 24 | 11.9% | 1.3% | ||
| Q1 24 | 13.3% | 1.2% |
现金转化率CARGTOST
| Q4 25 | 1.67× | 1.92× | ||
| Q3 25 | 1.59× | 1.57× | ||
| Q2 25 | 3.27× | 2.79× | ||
| Q1 25 | 1.74× | 1.41× | ||
| Q4 24 | 1.65× | 4.59× | ||
| Q3 24 | 2.50× | 1.95× | ||
| Q2 24 | — | 8.86× | ||
| Q1 24 | 2.44× | — |
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
CARG
| US | $187.0M | 89% |
| Non Us | $22.1M | 11% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
