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Cadre Holdings, Inc.（CDRE）与弗雷斯特研究公司（FORR）财务数据对比。点击上方公司名可切换其他公司
Cadre Holdings, Inc.的季度营收约是弗雷斯特研究公司的1.7倍（$167.2M vs $101.1M），Cadre Holdings, Inc.净利率更高（7.0% vs -33.5%，领先40.5%），Cadre Holdings, Inc.同比增速更快（-5.0% vs -6.5%），Cadre Holdings, Inc.自由现金流更多（$18.0M vs $-4.3M），过去两年Cadre Holdings, Inc.的营收复合增速更高（10.1% vs 0.5%）
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。
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
CDRE vs FORR — 直观对比
营收规模更大
CDRE
是对方的1.7倍
$101.1M
营收增速更快
CDRE
高出1.5%
-6.5%
净利率更高
CDRE
高出40.5%
-33.5%
自由现金流更多
CDRE
多$22.3M
$-4.3M
两年增速更快
CDRE
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $167.2M | $101.1M |
| 净利润 | $11.7M | $-33.9M |
| 毛利率 | 43.4% | 56.7% |
| 营业利润率 | 12.2% | -36.6% |
| 净利率 | 7.0% | -33.5% |
| 营收同比 | -5.0% | -6.5% |
| 净利润同比 | -9.6% | -7941.4% |
| 每股收益（稀释后） | $0.22 | $-1.75 |
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CDREFORR
| Q4 25 | $167.2M | $101.1M | ||
| Q3 25 | $155.9M | $94.3M | ||
| Q2 25 | $157.1M | $111.7M | ||
| Q1 25 | $130.1M | $89.9M | ||
| Q4 24 | $176.0M | $108.0M | ||
| Q3 24 | $109.4M | $102.5M | ||
| Q2 24 | $144.3M | $121.8M | ||
| Q1 24 | $137.9M | $100.1M |
净利润CDREFORR
| Q4 25 | $11.7M | $-33.9M | ||
| Q3 25 | $10.9M | $-2.1M | ||
| Q2 25 | $12.2M | $3.9M | ||
| Q1 25 | $9.2M | $-87.3M | ||
| Q4 24 | $13.0M | $432.0K | ||
| Q3 24 | $3.7M | $-5.8M | ||
| Q2 24 | $12.6M | $6.3M | ||
| Q1 24 | $6.9M | $-6.7M |
毛利率CDREFORR
| Q4 25 | 43.4% | 56.7% | ||
| Q3 25 | 42.7% | 60.0% | ||
| Q2 25 | 40.9% | 55.5% | ||
| Q1 25 | 43.1% | 55.9% | ||
| Q4 24 | 43.9% | 58.8% | ||
| Q3 24 | 36.6% | 60.5% | ||
| Q2 24 | 40.6% | 57.3% | ||
| Q1 24 | 41.8% | 54.9% |
营业利润率CDREFORR
| Q4 25 | 12.2% | -36.6% | ||
| Q3 25 | 12.0% | 4.7% | ||
| Q2 25 | 9.3% | 6.2% | ||
| Q1 25 | 10.4% | -97.5% | ||
| Q4 24 | 16.7% | -0.5% | ||
| Q3 24 | 5.0% | -0.7% | ||
| Q2 24 | 13.8% | 9.3% | ||
| Q1 24 | 8.7% | -9.3% |
净利率CDREFORR
| Q4 25 | 7.0% | -33.5% | ||
| Q3 25 | 7.0% | -2.3% | ||
| Q2 25 | 7.8% | 3.5% | ||
| Q1 25 | 7.1% | -97.1% | ||
| Q4 24 | 7.4% | 0.4% | ||
| Q3 24 | 3.3% | -5.7% | ||
| Q2 24 | 8.7% | 5.2% | ||
| Q1 24 | 5.0% | -6.7% |
每股收益（稀释后）CDREFORR
| Q4 25 | $0.22 | $-1.75 | ||
| Q3 25 | $0.27 | $-0.11 | ||
| Q2 25 | $0.30 | $0.20 | ||
| Q1 25 | $0.23 | $-4.62 | ||
| Q4 24 | $0.32 | $0.02 | ||
| Q3 24 | $0.09 | $-0.30 | ||
| Q2 24 | $0.31 | $0.33 | ||
| Q1 24 | $0.18 | $-0.35 |
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 | $63.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $317.8M | $126.5M |
| 总资产 | $770.0M | $404.0M |
| 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CDREFORR
| Q4 25 | $122.9M | $63.3M | ||
| Q3 25 | $150.9M | $65.1M | ||
| Q2 25 | $137.5M | $67.8M | ||
| Q1 25 | $133.4M | $75.6M | ||
| Q4 24 | $124.9M | $56.1M | ||
| Q3 24 | $93.0M | $62.8M | ||
| Q2 24 | $105.9M | $58.9M | ||
| Q1 24 | $87.1M | $61.4M |
股东权益CDREFORR
| Q4 25 | $317.8M | $126.5M | ||
| Q3 25 | $340.4M | $157.7M | ||
| Q2 25 | $332.5M | $159.5M | ||
| Q1 25 | $317.6M | $147.4M | ||
| Q4 24 | $311.5M | $229.5M | ||
| Q3 24 | $300.3M | $234.3M | ||
| Q2 24 | $299.4M | $237.1M | ||
| Q1 24 | $270.7M | $230.9M |
总资产CDREFORR
| Q4 25 | $770.0M | $404.0M | ||
| Q3 25 | $792.1M | $414.2M | ||
| Q2 25 | $794.4M | $436.0M | ||
| Q1 25 | $656.3M | $439.8M | ||
| Q4 24 | $652.7M | $503.9M | ||
| Q3 24 | $616.6M | $505.3M | ||
| Q2 24 | $620.6M | $524.2M | ||
| Q1 24 | $599.4M | $555.7M |
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 | $-3.2M |
| 自由现金流经营现金流 - 资本支出 | $18.0M | $-4.3M |
| 自由现金流率自由现金流/营收 | 10.7% | -4.2% |
| 资本支出强度资本支出/营收 | 2.0% | 1.1% |
| 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 | $18.1M |
8季度趋势，按日历期对齐
经营现金流CDREFORR
| Q4 25 | $21.3M | $-3.2M | ||
| Q3 25 | $22.5M | $1.2M | ||
| Q2 25 | $2.6M | $-3.6M | ||
| Q1 25 | $17.4M | $26.7M | ||
| Q4 24 | $23.7M | $-1.8M | ||
| Q3 24 | $-5.2M | $264.0K | ||
| Q2 24 | $11.1M | $-2.9M | ||
| Q1 24 | $2.1M | $611.0K |
自由现金流CDREFORR
| Q4 25 | $18.0M | $-4.3M | ||
| Q3 25 | $21.6M | $524.0K | ||
| Q2 25 | $1.2M | $-4.2M | ||
| Q1 25 | $16.1M | $26.1M | ||
| Q4 24 | $22.4M | $-2.5M | ||
| Q3 24 | $-6.2M | $-223.0K | ||
| Q2 24 | $9.1M | $-3.7M | ||
| Q1 24 | $794.0K | $-815.0K |
自由现金流率CDREFORR
| Q4 25 | 10.7% | -4.2% | ||
| Q3 25 | 13.9% | 0.6% | ||
| Q2 25 | 0.7% | -3.8% | ||
| Q1 25 | 12.4% | 29.0% | ||
| Q4 24 | 12.7% | -2.3% | ||
| Q3 24 | -5.7% | -0.2% | ||
| Q2 24 | 6.3% | -3.1% | ||
| Q1 24 | 0.6% | -0.8% |
资本支出强度CDREFORR
| Q4 25 | 2.0% | 1.1% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.9% | 0.5% | ||
| Q1 25 | 1.0% | 0.7% | ||
| Q4 24 | 0.7% | 0.6% | ||
| Q3 24 | 0.9% | 0.5% | ||
| Q2 24 | 1.4% | 0.7% | ||
| Q1 24 | 1.0% | 1.4% |
现金转化率CDREFORR
| Q4 25 | 1.81× | — | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 0.21× | -0.93× | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 1.83× | -4.24× | ||
| Q3 24 | -1.43× | — | ||
| Q2 24 | 0.89× | -0.46× | ||
| 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% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
