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Canopy Growth Corp（CGC）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是Canopy Growth Corp的1.1倍（$62.4M vs $54.4M），PDF SOLUTIONS INC净利率更高（-0.1% vs -84.0%，领先83.9%），PDF SOLUTIONS INC同比增速更快（24.6% vs -0.3%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 1.2%）
Canopy Growth Corp前身为Tweed Marijuana Inc，是一家总部位于加拿大安大略省史密斯福尔斯的大麻企业，在北美大麻行业拥有较高知名度，主要从事大麻相关产品的研发、生产与销售业务。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
CGC vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.1倍
$54.4M
营收增速更快
PDFS
高出24.9%
-0.3%
净利率更高
PDFS
高出83.9%
-84.0%
两年增速更快
PDFS
近两年复合增速
1.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $54.4M | $62.4M |
| 净利润 | $-45.7M | $-48.0K |
| 毛利率 | 28.8% | 72.9% |
| 营业利润率 | -35.3% | 5.5% |
| 净利率 | -84.0% | -0.1% |
| 营收同比 | -0.3% | 24.6% |
| 净利润同比 | 48.6% | -108.9% |
| 每股收益（稀释后） | — | $0.00 |
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CGCPDFS
| Q4 25 | $54.4M | $62.4M | ||
| Q3 25 | $48.7M | $57.1M | ||
| Q2 25 | $52.7M | $51.7M | ||
| Q1 25 | $47.5M | $47.8M | ||
| Q4 24 | $54.6M | $50.1M | ||
| Q3 24 | $46.0M | $46.4M | ||
| Q2 24 | $48.3M | $41.7M | ||
| Q1 24 | $53.1M | $41.3M |
净利润CGCPDFS
| Q4 25 | $-45.7M | $-48.0K | ||
| Q3 25 | $-1.2M | $1.3M | ||
| Q2 25 | $-30.3M | $1.1M | ||
| Q1 25 | — | $-3.0M | ||
| Q4 24 | $-89.0M | $539.0K | ||
| Q3 24 | $-93.7M | $2.2M | ||
| Q2 24 | $-92.8M | $1.7M | ||
| Q1 24 | — | $-393.0K |
毛利率CGCPDFS
| Q4 25 | 28.8% | 72.9% | ||
| Q3 25 | 32.8% | 72.3% | ||
| Q2 25 | 25.0% | 71.2% | ||
| Q1 25 | 16.2% | 72.9% | ||
| Q4 24 | 32.2% | 68.3% | ||
| Q3 24 | 34.7% | 73.1% | ||
| Q2 24 | 34.8% | 70.6% | ||
| Q1 24 | 21.3% | 67.3% |
营业利润率CGCPDFS
| Q4 25 | -35.3% | 5.5% | ||
| Q3 25 | -25.3% | 8.5% | ||
| Q2 25 | -31.4% | 2.2% | ||
| Q1 25 | — | -7.4% | ||
| Q4 24 | -31.9% | 1.0% | ||
| Q3 24 | -72.9% | 4.6% | ||
| Q2 24 | -44.0% | 0.6% | ||
| Q1 24 | — | -4.7% |
净利率CGCPDFS
| Q4 25 | -84.0% | -0.1% | ||
| Q3 25 | -2.5% | 2.3% | ||
| Q2 25 | -57.6% | 2.2% | ||
| Q1 25 | — | -6.3% | ||
| Q4 24 | -163.0% | 1.1% | ||
| Q3 24 | -203.7% | 4.8% | ||
| Q2 24 | -192.0% | 4.1% | ||
| Q1 24 | — | -1.0% |
每股收益（稀释后）CGCPDFS
| Q4 25 | — | $0.00 | ||
| Q3 25 | — | $0.03 | ||
| Q2 25 | — | $0.03 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $0.06 | ||
| Q2 24 | — | $0.04 | ||
| Q1 24 | — | $-0.01 |
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 | $271.1M | $42.2M |
| 总债务越低越好 | — | $67.0M |
| 股东权益账面价值 | $553.5M | $271.0M |
| 总资产 | $807.5M | $418.7M |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资CGCPDFS
| Q4 25 | $271.1M | $42.2M | ||
| Q3 25 | $217.6M | $35.9M | ||
| Q2 25 | $104.8M | $40.4M | ||
| Q1 25 | $96.0M | $54.1M | ||
| Q4 24 | $130.2M | $114.9M | ||
| Q3 24 | $168.8M | $120.2M | ||
| Q2 24 | $142.3M | $117.9M | ||
| Q1 24 | $148.5M | $122.9M |
总债务CGCPDFS
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CGCPDFS
| Q4 25 | $553.5M | $271.0M | ||
| Q3 25 | $537.3M | $264.4M | ||
| Q2 25 | $357.0M | $257.5M | ||
| Q1 25 | $355.7M | $249.0M | ||
| Q4 24 | $431.8M | $246.0M | ||
| Q3 24 | $372.1M | $240.5M | ||
| Q2 24 | $389.0M | $232.2M | ||
| Q1 24 | $365.3M | $225.4M |
总资产CGCPDFS
| Q4 25 | $807.5M | $418.7M | ||
| Q3 25 | $781.0M | $406.4M | ||
| Q2 25 | $660.4M | $391.1M | ||
| Q1 25 | $669.9M | $390.0M | ||
| Q4 24 | $849.9M | $315.3M | ||
| Q3 24 | $899.6M | $307.4M | ||
| Q2 24 | $938.9M | $298.0M | ||
| Q1 24 | $949.2M | $286.8M |
负债/权益比CGCPDFS
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| 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 | — | $17.3M |
| 自由现金流经营现金流 - 资本支出 | — | $7.5M |
| 自由现金流率自由现金流/营收 | — | 12.1% |
| 资本支出强度资本支出/营收 | — | 15.7% |
| 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 | — | $-8.6M |
8季度趋势，按日历期对齐
经营现金流CGCPDFS
| Q4 25 | — | $17.3M | ||
| Q3 25 | — | $3.3M | ||
| Q2 25 | $-7.5M | $-5.2M | ||
| Q1 25 | $-121.0M | $8.6M | ||
| Q4 24 | — | $1.6M | ||
| Q3 24 | — | $9.3M | ||
| Q2 24 | $-37.8M | $684.0K | ||
| Q1 24 | $-205.8M | $-1.9M |
自由现金流CGCPDFS
| Q4 25 | — | $7.5M | ||
| Q3 25 | — | $-2.9M | ||
| Q2 25 | $-8.5M | $-13.8M | ||
| Q1 25 | $-128.9M | $535.0K | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $5.1M | ||
| Q2 24 | $-40.7M | $-4.6M | ||
| Q1 24 | $-208.3M | $-3.9M |
自由现金流率CGCPDFS
| Q4 25 | — | 12.1% | ||
| Q3 25 | — | -5.1% | ||
| Q2 25 | -16.1% | -26.6% | ||
| Q1 25 | -271.5% | 1.1% | ||
| Q4 24 | — | -8.0% | ||
| Q3 24 | — | 11.0% | ||
| Q2 24 | -84.1% | -11.1% | ||
| Q1 24 | -392.1% | -9.4% |
资本支出强度CGCPDFS
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | 1.8% | 16.5% | ||
| Q1 25 | 16.6% | 17.0% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 9.0% | ||
| Q2 24 | 5.9% | 12.8% | ||
| Q1 24 | 4.7% | 4.9% |
现金转化率CGCPDFS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | -4.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 4.20× | ||
| Q2 24 | — | 0.40× | ||
| 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
CGC
| Other | $24.0M | 44% |
| Canadian Adult Use Cannabis | $22.9M | 42% |
| International Markets Cannabis | $6.2M | 11% |
| Other Geographical Area | $1.2M | 2% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
