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Cadre Holdings, Inc.（CDRE）与MACOM Technology Solutions Holdings, Inc.（MTSI）财务数据对比。点击上方公司名可切换其他公司
MACOM Technology Solutions Holdings, Inc.的季度营收约是Cadre Holdings, Inc.的1.6倍（$271.6M vs $167.2M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs 7.0%，领先10.9%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs -5.0%），MACOM Technology Solutions Holdings, Inc.自由现金流更多（$30.0M vs $18.0M），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% 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。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
CDRE vs MTSI — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $167.2M | $271.6M |
| 净利润 | $11.7M | $48.8M |
| 毛利率 | 43.4% | 55.9% |
| 营业利润率 | 12.2% | 15.9% |
| 净利率 | 7.0% | 18.0% |
| 营收同比 | -5.0% | 24.5% |
| 净利润同比 | -9.6% | 129.1% |
| 每股收益（稀释后） | $0.22 | $0.64 |
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
| Q1 26 | — | $271.6M | ||
| Q4 25 | $167.2M | $261.2M | ||
| Q3 25 | $155.9M | $252.1M | ||
| Q2 25 | $157.1M | $235.9M | ||
| Q1 25 | $130.1M | $218.1M | ||
| Q4 24 | $176.0M | — | ||
| Q3 24 | $109.4M | $200.7M | ||
| Q2 24 | $144.3M | $190.5M |
| Q1 26 | — | $48.8M | ||
| Q4 25 | $11.7M | $45.1M | ||
| Q3 25 | $10.9M | $36.5M | ||
| Q2 25 | $12.2M | $31.7M | ||
| Q1 25 | $9.2M | $-167.5M | ||
| Q4 24 | $13.0M | — | ||
| Q3 24 | $3.7M | $29.4M | ||
| Q2 24 | $12.6M | $19.9M |
| Q1 26 | — | 55.9% | ||
| Q4 25 | 43.4% | 54.5% | ||
| Q3 25 | 42.7% | 55.3% | ||
| Q2 25 | 40.9% | 55.2% | ||
| Q1 25 | 43.1% | 53.7% | ||
| Q4 24 | 43.9% | — | ||
| Q3 24 | 36.6% | 54.7% | ||
| Q2 24 | 40.6% | 53.2% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | 12.2% | 15.2% | ||
| Q3 25 | 12.0% | 14.9% | ||
| Q2 25 | 9.3% | 14.8% | ||
| Q1 25 | 10.4% | 8.0% | ||
| Q4 24 | 16.7% | — | ||
| Q3 24 | 5.0% | 13.7% | ||
| Q2 24 | 13.8% | 10.4% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | 7.0% | 17.3% | ||
| Q3 25 | 7.0% | 14.5% | ||
| Q2 25 | 7.8% | 13.4% | ||
| Q1 25 | 7.1% | -76.8% | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 3.3% | 14.7% | ||
| Q2 24 | 8.7% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $0.22 | $0.67 | ||
| Q3 25 | $0.27 | $0.48 | ||
| Q2 25 | $0.30 | $0.42 | ||
| Q1 25 | $0.23 | $-2.30 | ||
| Q4 24 | $0.32 | — | ||
| Q3 24 | $0.09 | $0.40 | ||
| Q2 24 | $0.31 | $0.27 |
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 | $768.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $317.8M | $1.4B |
| 总资产 | $770.0M | $2.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $768.5M | ||
| Q4 25 | $122.9M | $786.0M | ||
| Q3 25 | $150.9M | $735.2M | ||
| Q2 25 | $137.5M | $681.5M | ||
| Q1 25 | $133.4M | $656.5M | ||
| Q4 24 | $124.9M | — | ||
| Q3 24 | $93.0M | $581.9M | ||
| Q2 24 | $105.9M | $521.5M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $317.8M | $1.3B | ||
| Q3 25 | $340.4M | $1.3B | ||
| Q2 25 | $332.5M | $1.2B | ||
| Q1 25 | $317.6M | $1.2B | ||
| Q4 24 | $311.5M | — | ||
| Q3 24 | $300.3M | $1.1B | ||
| Q2 24 | $299.4M | $1.1B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $770.0M | $2.1B | ||
| Q3 25 | $792.1M | $2.0B | ||
| Q2 25 | $794.4M | $1.9B | ||
| Q1 25 | $656.3M | $1.8B | ||
| Q4 24 | $652.7M | — | ||
| Q3 24 | $616.6M | $1.8B | ||
| Q2 24 | $620.6M | $1.7B |
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 | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $18.0M | $30.0M |
| 自由现金流率自由现金流/营收 | 10.7% | 11.0% |
| 资本支出强度资本支出/营收 | 2.0% | 4.8% |
| 现金转化率经营现金流/净利润 | 1.81× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $56.8M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | — | $42.9M | ||
| Q4 25 | $21.3M | $69.6M | ||
| Q3 25 | $22.5M | $60.4M | ||
| Q2 25 | $2.6M | $38.7M | ||
| Q1 25 | $17.4M | $66.7M | ||
| Q4 24 | $23.7M | — | ||
| Q3 24 | $-5.2M | $62.3M | ||
| Q2 24 | $11.1M | $49.0M |
| Q1 26 | — | $30.0M | ||
| Q4 25 | $18.0M | $49.4M | ||
| Q3 25 | $21.6M | $51.6M | ||
| Q2 25 | $1.2M | $30.5M | ||
| Q1 25 | $16.1M | $61.3M | ||
| Q4 24 | $22.4M | — | ||
| Q3 24 | $-6.2M | $57.1M | ||
| Q2 24 | $9.1M | $41.5M |
| Q1 26 | — | 11.0% | ||
| Q4 25 | 10.7% | 18.9% | ||
| Q3 25 | 13.9% | 20.5% | ||
| Q2 25 | 0.7% | 12.9% | ||
| Q1 25 | 12.4% | 28.1% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | -5.7% | 28.5% | ||
| Q2 24 | 6.3% | 21.8% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 2.0% | 7.7% | ||
| Q3 25 | 0.5% | 3.5% | ||
| Q2 25 | 0.9% | 3.5% | ||
| Q1 25 | 1.0% | 2.4% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.9% | 2.6% | ||
| Q2 24 | 1.4% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | 1.81× | 1.54× | ||
| Q3 25 | 2.05× | 1.65× | ||
| Q2 25 | 0.21× | 1.22× | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 1.83× | — | ||
| Q3 24 | -1.43× | 2.12× | ||
| Q2 24 | 0.89× | 2.46× |
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% |
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
