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楷登电子（CDNS）与URBAN OUTFITTERS INC（URBN）财务数据对比。点击上方公司名可切换其他公司
URBAN OUTFITTERS INC的季度营收约是楷登电子的1.2倍（$1.5B vs $1.3B），楷登电子净利率更高（22.8% vs 7.6%，领先15.2%），URBAN OUTFITTERS INC同比增速更快（12.3% vs -16.1%），楷登电子自由现金流更多（$464.0M vs $-22.8M），过去两年楷登电子的营收复合增速更高（9.6% vs 1.4%）
楷登电子是总部位于美国加利福尼亚州圣何塞的跨国科技与计算软件企业，最初主打半导体行业电子设计自动化（EDA）软件，目前业务覆盖集成电路、片上系统、印刷电路板、药品研发等领域的设计软硬件开发，同时向电子、航空航天、国防等行业授权知识产权。
URBN是总部位于美国宾夕法尼亚州费城的跨国生活方式零售企业，旗下Urban Outfitters品牌面向年轻消费群体，产品涵盖男女时装、鞋履、美妆个护、配饰、运动服饰装备、家居用品及音乐周边等，业务覆盖美国、英国、加拿大、部分西欧国家、波兰、阿联酋、科威特、卡塔尔等市场。
CDNS vs URBN — 直观对比
营收规模更大
URBN
是对方的1.2倍
$1.3B
营收增速更快
URBN
高出28.4%
-16.1%
净利率更高
CDNS
高出15.2%
7.6%
自由现金流更多
CDNS
多$486.8M
$-22.8M
两年增速更快
CDNS
近两年复合增速
1.4%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $335.7M | $116.4M |
| 毛利率 | — | 36.8% |
| 营业利润率 | 29.3% | 9.4% |
| 净利率 | 22.8% | 7.6% |
| 营收同比 | -16.1% | 12.3% |
| 净利润同比 | 22.7% | 13.1% |
| 每股收益（稀释后） | $1.00 | $1.28 |
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CDNSURBN
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.1B | $1.2B |
净利润CDNSURBN
| Q1 26 | $335.7M | — | ||
| Q4 25 | $388.1M | $116.4M | ||
| Q3 25 | $287.1M | $143.9M | ||
| Q2 25 | $160.1M | $108.3M | ||
| Q1 25 | $273.6M | $120.3M | ||
| Q4 24 | $340.2M | $102.9M | ||
| Q3 24 | $238.1M | $117.5M | ||
| Q2 24 | $229.5M | $61.8M |
毛利率CDNSURBN
| Q1 26 | — | — | ||
| Q4 25 | — | 36.8% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | — | 36.8% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 36.5% | ||
| Q3 24 | — | 36.5% | ||
| Q2 24 | — | 34.0% |
营业利润率CDNSURBN
| Q1 26 | 29.3% | — | ||
| Q4 25 | 32.2% | 9.4% | ||
| Q3 25 | 31.8% | 11.6% | ||
| Q2 25 | 19.0% | 9.6% | ||
| Q1 25 | 29.1% | 7.7% | ||
| Q4 24 | 33.7% | 9.4% | ||
| Q3 24 | 28.8% | 10.7% | ||
| Q2 24 | 27.7% | 6.2% |
净利率CDNSURBN
| Q1 26 | 22.8% | — | ||
| Q4 25 | 27.0% | 7.6% | ||
| Q3 25 | 21.4% | 9.6% | ||
| Q2 25 | 12.5% | 8.1% | ||
| Q1 25 | 22.0% | 7.4% | ||
| Q4 24 | 25.1% | 7.6% | ||
| Q3 24 | 19.6% | 8.7% | ||
| Q2 24 | 21.6% | 5.1% |
每股收益（稀释后）CDNSURBN
| Q1 26 | $1.00 | — | ||
| Q4 25 | $1.42 | $1.28 | ||
| Q3 25 | $1.05 | $1.58 | ||
| Q2 25 | $0.59 | $1.16 | ||
| Q1 25 | $1.00 | $1.27 | ||
| Q4 24 | $1.23 | $1.10 | ||
| Q3 24 | $0.87 | $1.24 | ||
| Q2 24 | $0.84 | $0.65 |
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 | $2.8B | $306.6M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $6.6B | $2.7B |
| 总资产 | $12.1B | $4.9B |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资CDNSURBN
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.2B | $306.6M | ||
| Q3 25 | $2.8B | $332.2M | ||
| Q2 25 | $2.8B | $189.4M | ||
| Q1 25 | $2.8B | $290.5M | ||
| Q4 24 | $2.8B | $182.5M | ||
| Q3 24 | $2.8B | $209.1M | ||
| Q2 24 | $1.1B | $174.0M |
总债务CDNSURBN
| Q1 26 | $2.5B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CDNSURBN
| Q1 26 | $6.6B | — | ||
| Q4 25 | $5.5B | $2.7B | ||
| Q3 25 | $5.2B | $2.6B | ||
| Q2 25 | $5.0B | $2.4B | ||
| Q1 25 | $4.8B | $2.5B | ||
| Q4 24 | $4.7B | $2.4B | ||
| Q3 24 | $4.6B | $2.2B | ||
| Q2 24 | $4.3B | $2.2B |
总资产CDNSURBN
| Q1 26 | $12.1B | — | ||
| Q4 25 | $10.2B | $4.9B | ||
| Q3 25 | $9.6B | $4.7B | ||
| Q2 25 | $9.5B | $4.5B | ||
| Q1 25 | $9.0B | $4.5B | ||
| Q4 24 | $9.0B | $4.5B | ||
| Q3 24 | $9.2B | $4.3B | ||
| Q2 24 | $7.2B | $4.2B |
负债/权益比CDNSURBN
| Q1 26 | 0.38× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $355.8M | $61.1M |
| 自由现金流经营现金流 - 资本支出 | $464.0M | $-22.8M |
| 自由现金流率自由现金流/营收 | 36.4% | -1.5% |
| 资本支出强度资本支出/营收 | 5.1% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.06× | 0.53× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $402.7M |
8季度趋势，按日历期对齐
经营现金流CDNSURBN
| Q1 26 | $355.8M | — | ||
| Q4 25 | $553.5M | $61.1M | ||
| Q3 25 | $310.7M | $218.0M | ||
| Q2 25 | $377.6M | $33.0M | ||
| Q1 25 | $487.0M | $320.5M | ||
| Q4 24 | $441.4M | $18.5M | ||
| Q3 24 | $410.0M | $105.3M | ||
| Q2 24 | $156.0M | $58.6M |
自由现金流CDNSURBN
| Q1 26 | $464.0M | — | ||
| Q4 25 | $512.5M | $-22.8M | ||
| Q3 25 | $277.0M | $156.6M | ||
| Q2 25 | $333.5M | $-13.1M | ||
| Q1 25 | $464.0M | $281.9M | ||
| Q4 24 | $404.2M | $-26.6M | ||
| Q3 24 | $383.5M | $47.5M | ||
| Q2 24 | $126.8M | $17.5M |
自由现金流率CDNSURBN
| Q1 26 | 36.4% | — | ||
| Q4 25 | 35.6% | -1.5% | ||
| Q3 25 | 20.7% | 10.4% | ||
| Q2 25 | 26.1% | -1.0% | ||
| Q1 25 | 37.3% | 17.2% | ||
| Q4 24 | 29.8% | -2.0% | ||
| Q3 24 | 31.5% | 3.5% | ||
| Q2 24 | 12.0% | 1.5% |
资本支出强度CDNSURBN
| Q1 26 | 5.1% | — | ||
| Q4 25 | 2.8% | 5.5% | ||
| Q3 25 | 2.5% | 4.1% | ||
| Q2 25 | 3.5% | 3.5% | ||
| Q1 25 | 1.9% | 2.4% | ||
| Q4 24 | 2.7% | 3.3% | ||
| Q3 24 | 2.2% | 4.3% | ||
| Q2 24 | 2.8% | 3.4% |
现金转化率CDNSURBN
| Q1 26 | 1.06× | — | ||
| Q4 25 | 1.43× | 0.53× | ||
| Q3 25 | 1.08× | 1.52× | ||
| Q2 25 | 2.36× | 0.30× | ||
| Q1 25 | 1.78× | 2.66× | ||
| Q4 24 | 1.30× | 0.18× | ||
| Q3 24 | 1.72× | 0.90× | ||
| Q2 24 | 0.68× | 0.95× |
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
CDNS
| Product and Maintenance | $1.1B | 87% |
| Services | $131.0M | 10% |
| Other | $33.0M | 3% |
URBN
| Apparel | $861.4M | 56% |
| Home | $187.0M | 12% |
| Accessories | $182.6M | 12% |
| Subscription Operations | $144.6M | 9% |
| Wholesale Operations | $88.3M | 6% |
| Other | $65.3M | 4% |
