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Certara, Inc.（CERT）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
Certara, Inc.的季度营收约是弗雷斯特研究公司的1.0倍（$103.6M vs $101.1M），Certara, Inc.净利率更高（-5.7% vs -33.5%，领先27.8%），Certara, Inc.同比增速更快（3.3% vs -6.5%），Certara, Inc.自由现金流更多（$27.8M vs $-4.3M），过去两年Certara, Inc.的营收复合增速更高（3.6% vs 0.5%）
Certara是全球领先的生物制药软件及咨询服务提供商，专注于建模模拟、监管科学领域的解决方案，服务药企、生物技术企业及医疗相关方，覆盖药物研发全周期，助力加快新疗法上市，降低研发风险与综合成本。
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。
CERT vs FORR — 直观对比
营收规模更大
CERT
是对方的1.0倍
$101.1M
营收增速更快
CERT
高出9.7%
-6.5%
净利率更高
CERT
高出27.8%
-33.5%
自由现金流更多
CERT
多$32.1M
$-4.3M
两年增速更快
CERT
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $103.6M | $101.1M |
| 净利润 | $-5.9M | $-33.9M |
| 毛利率 | — | 56.7% |
| 营业利润率 | 0.8% | -36.6% |
| 净利率 | -5.7% | -33.5% |
| 营收同比 | 3.3% | -6.5% |
| 净利润同比 | -189.6% | -7941.4% |
| 每股收益（稀释后） | $-0.04 | $-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CERTFORR
| Q4 25 | $103.6M | $101.1M | ||
| Q3 25 | $104.6M | $94.3M | ||
| Q2 25 | $104.6M | $111.7M | ||
| Q1 25 | $106.0M | $89.9M | ||
| Q4 24 | $100.4M | $108.0M | ||
| Q3 24 | $94.8M | $102.5M | ||
| Q2 24 | $93.3M | $121.8M | ||
| Q1 24 | $96.7M | $100.1M |
净利润CERTFORR
| Q4 25 | $-5.9M | $-33.9M | ||
| Q3 25 | $1.5M | $-2.1M | ||
| Q2 25 | $-2.0M | $3.9M | ||
| Q1 25 | $4.7M | $-87.3M | ||
| Q4 24 | $6.6M | $432.0K | ||
| Q3 24 | $-1.4M | $-5.8M | ||
| Q2 24 | $-12.6M | $6.3M | ||
| Q1 24 | $-4.7M | $-6.7M |
毛利率CERTFORR
| Q4 25 | — | 56.7% | ||
| Q3 25 | — | 60.0% | ||
| Q2 25 | — | 55.5% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 58.8% | ||
| Q3 24 | — | 60.5% | ||
| Q2 24 | — | 57.3% | ||
| Q1 24 | — | 54.9% |
营业利润率CERTFORR
| Q4 25 | 0.8% | -36.6% | ||
| Q3 25 | 2.9% | 4.7% | ||
| Q2 25 | 9.1% | 6.2% | ||
| Q1 25 | 7.2% | -97.5% | ||
| Q4 24 | 6.0% | -0.5% | ||
| Q3 24 | 2.7% | -0.7% | ||
| Q2 24 | -9.7% | 9.3% | ||
| Q1 24 | -1.3% | -9.3% |
净利率CERTFORR
| Q4 25 | -5.7% | -33.5% | ||
| Q3 25 | 1.5% | -2.3% | ||
| Q2 25 | -1.9% | 3.5% | ||
| Q1 25 | 4.5% | -97.1% | ||
| Q4 24 | 6.6% | 0.4% | ||
| Q3 24 | -1.4% | -5.7% | ||
| Q2 24 | -13.5% | 5.2% | ||
| Q1 24 | -4.8% | -6.7% |
每股收益（稀释后）CERTFORR
| Q4 25 | $-0.04 | $-1.75 | ||
| Q3 25 | $0.01 | $-0.11 | ||
| Q2 25 | $-0.01 | $0.20 | ||
| Q1 25 | $0.03 | $-4.62 | ||
| Q4 24 | $0.04 | $0.02 | ||
| Q3 24 | $-0.01 | $-0.30 | ||
| Q2 24 | $-0.08 | $0.33 | ||
| Q1 24 | $-0.03 | $-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 | $189.4M | $63.3M |
| 总债务越低越好 | $293.1M | — |
| 股东权益账面价值 | $1.1B | $126.5M |
| 总资产 | $1.6B | $404.0M |
| 负债/权益比越低杠杆越低 | 0.28× | — |
8季度趋势，按日历期对齐
现金及短期投资CERTFORR
| Q4 25 | $189.4M | $63.3M | ||
| Q3 25 | $172.7M | $65.1M | ||
| Q2 25 | $162.3M | $67.8M | ||
| Q1 25 | $179.1M | $75.6M | ||
| Q4 24 | $179.2M | $56.1M | ||
| Q3 24 | $233.0M | $62.8M | ||
| Q2 24 | $224.6M | $58.9M | ||
| Q1 24 | $224.8M | $61.4M |
总债务CERTFORR
| Q4 25 | $293.1M | — | ||
| Q3 25 | $293.5M | — | ||
| Q2 25 | $294.2M | — | ||
| Q1 25 | $294.8M | — | ||
| Q4 24 | $295.4M | — | ||
| Q3 24 | $296.1M | — | ||
| Q2 24 | $296.7M | — | ||
| Q1 24 | $290.8M | — |
股东权益CERTFORR
| Q4 25 | $1.1B | $126.5M | ||
| Q3 25 | $1.1B | $157.7M | ||
| Q2 25 | $1.1B | $159.5M | ||
| Q1 25 | $1.1B | $147.4M | ||
| Q4 24 | $1.1B | $229.5M | ||
| Q3 24 | $1.1B | $234.3M | ||
| Q2 24 | $1.0B | $237.1M | ||
| Q1 24 | $1.1B | $230.9M |
总资产CERTFORR
| Q4 25 | $1.6B | $404.0M | ||
| Q3 25 | $1.5B | $414.2M | ||
| Q2 25 | $1.5B | $436.0M | ||
| Q1 25 | $1.6B | $439.8M | ||
| Q4 24 | $1.6B | $503.9M | ||
| Q3 24 | $1.5B | $505.3M | ||
| Q2 24 | $1.5B | $524.2M | ||
| Q1 24 | $1.5B | $555.7M |
负债/权益比CERTFORR
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.28× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.28× | — | ||
| Q2 24 | 0.28× | — | ||
| Q1 24 | 0.28× | — |
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 | $28.8M | $-3.2M |
| 自由现金流经营现金流 - 资本支出 | $27.8M | $-4.3M |
| 自由现金流率自由现金流/营收 | 26.8% | -4.2% |
| 资本支出强度资本支出/营收 | 1.0% | 1.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $94.4M | $18.1M |
8季度趋势，按日历期对齐
经营现金流CERTFORR
| Q4 25 | $28.8M | $-3.2M | ||
| Q3 25 | $32.3M | $1.2M | ||
| Q2 25 | $17.8M | $-3.6M | ||
| Q1 25 | $17.4M | $26.7M | ||
| Q4 24 | $49.4M | $-1.8M | ||
| Q3 24 | $17.0M | $264.0K | ||
| Q2 24 | $9.8M | $-2.9M | ||
| Q1 24 | $4.3M | $611.0K |
自由现金流CERTFORR
| Q4 25 | $27.8M | $-4.3M | ||
| Q3 25 | $32.1M | $524.0K | ||
| Q2 25 | $17.8M | $-4.2M | ||
| Q1 25 | $16.8M | $26.1M | ||
| Q4 24 | $49.0M | $-2.5M | ||
| Q3 24 | $16.8M | $-223.0K | ||
| Q2 24 | $9.4M | $-3.7M | ||
| Q1 24 | $3.7M | $-815.0K |
自由现金流率CERTFORR
| Q4 25 | 26.8% | -4.2% | ||
| Q3 25 | 30.7% | 0.6% | ||
| Q2 25 | 17.0% | -3.8% | ||
| Q1 25 | 15.8% | 29.0% | ||
| Q4 24 | 48.8% | -2.3% | ||
| Q3 24 | 17.7% | -0.2% | ||
| Q2 24 | 10.1% | -3.1% | ||
| Q1 24 | 3.8% | -0.8% |
资本支出强度CERTFORR
| Q4 25 | 1.0% | 1.1% | ||
| Q3 25 | 0.2% | 0.7% | ||
| Q2 25 | 0.1% | 0.5% | ||
| Q1 25 | 0.6% | 0.7% | ||
| Q4 24 | 0.4% | 0.6% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.5% | 0.7% | ||
| Q1 24 | 0.6% | 1.4% |
现金转化率CERTFORR
| Q4 25 | — | — | ||
| Q3 25 | 21.19× | — | ||
| Q2 25 | — | -0.93× | ||
| Q1 25 | 3.66× | — | ||
| Q4 24 | 7.51× | -4.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.46× | ||
| Q1 24 | — | — |
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
CERT
暂无分部数据
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
