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Cadre Holdings, Inc.（CDRE）与ESTABLISHMENT LABS HOLDINGS INC.（ESTA）财务数据对比。点击上方公司名可切换其他公司
Cadre Holdings, Inc.的季度营收约是ESTABLISHMENT LABS HOLDINGS INC.的2.6倍（$167.2M vs $64.6M）。ESTABLISHMENT LABS HOLDINGS INC.同比增速更快（45.2% vs -5.0%）。Cadre Holdings, Inc.自由现金流更多（$18.0M vs $-2.0M）。过去两年ESTABLISHMENT LABS HOLDINGS INC.的营收复合增速更高（31.9% vs 10.1%）
Cadre Holdings, Inc.是美国金融科技企业，面向个人及机构客户提供房地产投资项目直投渠道，覆盖纽约等地的商业地产。公司打造的投资平台支持投资者自主选择参与的具体交易项目，且投资门槛远低于全额收购物业所需资金，让不动产投资变得更接近股票交易，获得财经媒体的广泛认可。
Establishment Labs Holdings Inc.是一家总部位于美国的无晶圆厂半导体企业，同时专注于人工智能领域业务，核心为数据中心及AI基础设施研发高速连接解决方案，于2024年3月在纳斯达克挂牌上市。
CDRE vs ESTA — 直观对比
营收规模更大
CDRE
是对方的2.6倍
$64.6M
营收增速更快
ESTA
高出50.1%
-5.0%
自由现金流更多
CDRE
多$20.0M
$-2.0M
两年增速更快
ESTA
近两年复合增速
10.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $167.2M | $64.6M |
| 净利润 | $11.7M | — |
| 毛利率 | 43.4% | 70.5% |
| 营业利润率 | 12.2% | -6.1% |
| 净利率 | 7.0% | — |
| 营收同比 | -5.0% | 45.2% |
| 净利润同比 | -9.6% | — |
| 每股收益（稀释后） | $0.22 | $-0.07 |
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CDREESTA
| Q4 25 | $167.2M | $64.6M | ||
| Q3 25 | $155.9M | $53.8M | ||
| Q2 25 | $157.1M | $51.3M | ||
| Q1 25 | $130.1M | $41.4M | ||
| Q4 24 | $176.0M | $44.5M | ||
| Q3 24 | $109.4M | $40.2M | ||
| Q2 24 | $144.3M | $44.1M | ||
| Q1 24 | $137.9M | $37.2M |
净利润CDREESTA
| Q4 25 | $11.7M | — | ||
| Q3 25 | $10.9M | $-11.1M | ||
| Q2 25 | $12.2M | $-16.6M | ||
| Q1 25 | $9.2M | $-20.7M | ||
| Q4 24 | $13.0M | — | ||
| Q3 24 | $3.7M | $-16.7M | ||
| Q2 24 | $12.6M | $-17.2M | ||
| Q1 24 | $6.9M | $-16.2M |
毛利率CDREESTA
| Q4 25 | 43.4% | 70.5% | ||
| Q3 25 | 42.7% | 70.1% | ||
| Q2 25 | 40.9% | 68.8% | ||
| Q1 25 | 43.1% | 67.2% | ||
| Q4 24 | 43.9% | 68.5% | ||
| Q3 24 | 36.6% | 63.9% | ||
| Q2 24 | 40.6% | 65.6% | ||
| Q1 24 | 41.8% | 65.6% |
营业利润率CDREESTA
| Q4 25 | 12.2% | -6.1% | ||
| Q3 25 | 12.0% | -7.5% | ||
| Q2 25 | 9.3% | -27.5% | ||
| Q1 25 | 10.4% | -41.0% | ||
| Q4 24 | 16.7% | -41.9% | ||
| Q3 24 | 5.0% | -32.7% | ||
| Q2 24 | 13.8% | -21.2% | ||
| Q1 24 | 8.7% | -23.8% |
净利率CDREESTA
| Q4 25 | 7.0% | — | ||
| Q3 25 | 7.0% | -20.7% | ||
| Q2 25 | 7.8% | -32.3% | ||
| Q1 25 | 7.1% | -50.1% | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 3.3% | -41.5% | ||
| Q2 24 | 8.7% | -38.9% | ||
| Q1 24 | 5.0% | -43.6% |
每股收益（稀释后）CDREESTA
| Q4 25 | $0.22 | $-0.07 | ||
| Q3 25 | $0.27 | $-0.38 | ||
| Q2 25 | $0.30 | $-0.57 | ||
| Q1 25 | $0.23 | $-0.70 | ||
| Q4 24 | $0.32 | $-1.21 | ||
| Q3 24 | $0.09 | $-0.59 | ||
| Q2 24 | $0.31 | $-0.62 | ||
| Q1 24 | $0.18 | $-0.58 |
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 | $122.9M | $75.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $317.8M | $23.5M |
| 总资产 | $770.0M | $357.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CDREESTA
| Q4 25 | $122.9M | $75.6M | ||
| Q3 25 | $150.9M | $70.6M | ||
| Q2 25 | $137.5M | $54.6M | ||
| Q1 25 | $133.4M | $69.2M | ||
| Q4 24 | $124.9M | $90.3M | ||
| Q3 24 | $93.0M | — | ||
| Q2 24 | $105.9M | — | ||
| Q1 24 | $87.1M | — |
总债务CDREESTA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CDREESTA
| Q4 25 | $317.8M | $23.5M | ||
| Q3 25 | $340.4M | $16.4M | ||
| Q2 25 | $332.5M | $22.8M | ||
| Q1 25 | $317.6M | $38.5M | ||
| Q4 24 | $311.5M | $53.1M | ||
| Q3 24 | $300.3M | $32.7M | ||
| Q2 24 | $299.4M | $45.0M | ||
| Q1 24 | $270.7M | $56.9M |
总资产CDREESTA
| Q4 25 | $770.0M | $357.2M | ||
| Q3 25 | $792.1M | $338.9M | ||
| Q2 25 | $794.4M | $329.7M | ||
| Q1 25 | $656.3M | $333.4M | ||
| Q4 24 | $652.7M | $346.8M | ||
| Q3 24 | $616.6M | $282.7M | ||
| Q2 24 | $620.6M | $285.1M | ||
| Q1 24 | $599.4M | $301.8M |
负债/权益比CDREESTA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $21.3M | $-162.0K |
| 自由现金流经营现金流 - 资本支出 | $18.0M | $-2.0M |
| 自由现金流率自由现金流/营收 | 10.7% | -3.1% |
| 资本支出强度资本支出/营收 | 2.0% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.81× | — |
| 过去12个月自由现金流最近4个季度 | $56.8M | $-56.9M |
8季度趋势，按日历期对齐
经营现金流CDREESTA
| Q4 25 | $21.3M | $-162.0K | ||
| Q3 25 | $22.5M | $-11.3M | ||
| Q2 25 | $2.6M | $-18.8M | ||
| Q1 25 | $17.4M | $-20.7M | ||
| Q4 24 | $23.7M | $-20.7M | ||
| Q3 24 | $-5.2M | $-12.5M | ||
| Q2 24 | $11.1M | $-14.2M | ||
| Q1 24 | $2.1M | $-11.2M |
自由现金流CDREESTA
| Q4 25 | $18.0M | $-2.0M | ||
| Q3 25 | $21.6M | $-13.1M | ||
| Q2 25 | $1.2M | $-20.4M | ||
| Q1 25 | $16.1M | $-21.5M | ||
| Q4 24 | $22.4M | $-21.3M | ||
| Q3 24 | $-6.2M | $-13.9M | ||
| Q2 24 | $9.1M | $-15.0M | ||
| Q1 24 | $794.0K | $-14.5M |
自由现金流率CDREESTA
| Q4 25 | 10.7% | -3.1% | ||
| Q3 25 | 13.9% | -24.4% | ||
| Q2 25 | 0.7% | -39.7% | ||
| Q1 25 | 12.4% | -51.9% | ||
| Q4 24 | 12.7% | -47.8% | ||
| Q3 24 | -5.7% | -34.6% | ||
| Q2 24 | 6.3% | -33.9% | ||
| Q1 24 | 0.6% | -38.9% |
资本支出强度CDREESTA
| Q4 25 | 2.0% | 2.8% | ||
| Q3 25 | 0.5% | 3.4% | ||
| Q2 25 | 0.9% | 3.2% | ||
| Q1 25 | 1.0% | 1.8% | ||
| Q4 24 | 0.7% | 1.2% | ||
| Q3 24 | 0.9% | 3.7% | ||
| Q2 24 | 1.4% | 1.8% | ||
| Q1 24 | 1.0% | 8.9% |
现金转化率CDREESTA
| Q4 25 | 1.81× | — | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 1.83× | — | ||
| Q3 24 | -1.43× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 0.31× | — |
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
CDRE
| U.s.state And Local Agencies | $72.7M | 43% |
| Other | $48.6M | 29% |
| U.s.Federal Agencies | $31.6M | 19% |
| Commercial | $12.0M | 7% |
ESTA
暂无分部数据
