vs
CHEGG, INC（CHGG）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
CHEGG, INC的季度营收约是RE/MAX Holdings, Inc.的1.0倍（$72.7M vs $71.1M），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -49.4%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-15.5M），过去两年RE/MAX Holdings, Inc.的营收复合增速更高（-4.7% vs -35.4%）
Chegg是一家总部位于美国加利福尼亚州圣克拉拉的教育科技公司，依托人工智能技术，为学生提供作业辅导、数字及实体教材租赁、在线辅导等各类学生服务，目前拥有660万订阅用户，也因被指协助学生作弊、违反学术诚信而广受批评。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
CHGG vs RMAX — 直观对比
营收规模更大
CHGG
是对方的1.0倍
$71.1M
营收增速更快
RMAX
高出47.5%
-49.4%
自由现金流更多
RMAX
多$49.0M
$-15.5M
两年增速更快
RMAX
近两年复合增速
-35.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $72.7M | $71.1M |
| 净利润 | — | $1.4M |
| 毛利率 | 57.3% | — |
| 营业利润率 | -47.2% | 13.1% |
| 净利率 | — | 2.0% |
| 营收同比 | -49.4% | -1.8% |
| 净利润同比 | — | -75.2% |
| 每股收益（稀释后） | $-0.30 | — |
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CHGGRMAX
| Q4 25 | $72.7M | $71.1M | ||
| Q3 25 | $77.7M | $73.2M | ||
| Q2 25 | $105.1M | $72.8M | ||
| Q1 25 | $121.4M | $74.5M | ||
| Q4 24 | $143.5M | $72.5M | ||
| Q3 24 | $136.6M | $78.5M | ||
| Q2 24 | $163.1M | $78.5M | ||
| Q1 24 | $174.3M | $78.3M |
净利润CHGGRMAX
| Q4 25 | — | $1.4M | ||
| Q3 25 | $-17.5M | $4.0M | ||
| Q2 25 | $-35.7M | $4.7M | ||
| Q1 25 | $-17.5M | $-2.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $-212.6M | $966.0K | ||
| Q2 24 | $-616.9M | $3.7M | ||
| Q1 24 | $-1.4M | $-3.4M |
毛利率CHGGRMAX
| Q4 25 | 57.3% | — | ||
| Q3 25 | 59.2% | — | ||
| Q2 25 | 66.3% | — | ||
| Q1 25 | 55.5% | — | ||
| Q4 24 | 68.2% | — | ||
| Q3 24 | 68.2% | — | ||
| Q2 24 | 72.2% | — | ||
| Q1 24 | 73.3% | — |
营业利润率CHGGRMAX
| Q4 25 | -47.2% | 13.1% | ||
| Q3 25 | -22.0% | 25.0% | ||
| Q2 25 | -34.7% | 19.3% | ||
| Q1 25 | -23.9% | 7.2% | ||
| Q4 24 | -19.0% | 5.9% | ||
| Q3 24 | -162.7% | 19.4% | ||
| Q2 24 | -297.3% | 20.6% | ||
| Q1 24 | -1.4% | 5.8% |
净利率CHGGRMAX
| Q4 25 | — | 2.0% | ||
| Q3 25 | -22.5% | 5.4% | ||
| Q2 25 | -33.9% | 6.4% | ||
| Q1 25 | -14.4% | -2.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | -155.7% | 1.2% | ||
| Q2 24 | -378.1% | 4.7% | ||
| Q1 24 | -0.8% | -4.3% |
每股收益（稀释后）CHGGRMAX
| Q4 25 | $-0.30 | — | ||
| Q3 25 | $-0.16 | — | ||
| Q2 25 | $-0.33 | — | ||
| Q1 25 | $-0.17 | — | ||
| Q4 24 | $-0.03 | — | ||
| Q3 24 | $-2.05 | — | ||
| Q2 24 | $-6.01 | — | ||
| 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 | $72.8M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $119.6M | $452.4M |
| 总资产 | $278.0M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资CHGGRMAX
| Q4 25 | $72.8M | $118.7M | ||
| Q3 25 | $96.4M | $107.5M | ||
| Q2 25 | $85.6M | $94.3M | ||
| Q1 25 | $88.3M | $89.1M | ||
| Q4 24 | $315.7M | $96.6M | ||
| Q3 24 | $361.1M | $83.8M | ||
| Q2 24 | $345.5M | $66.1M | ||
| Q1 24 | $390.8M | $82.1M |
总债务CHGGRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益CHGGRMAX
| Q4 25 | $119.6M | $452.4M | ||
| Q3 25 | $146.1M | $448.1M | ||
| Q2 25 | $157.9M | $442.4M | ||
| Q1 25 | $185.7M | $433.5M | ||
| Q4 24 | $193.0M | $429.5M | ||
| Q3 24 | $185.0M | $423.1M | ||
| Q2 24 | $365.5M | $418.4M | ||
| Q1 24 | $963.5M | $412.0M |
总资产CHGGRMAX
| Q4 25 | $278.0M | $582.5M | ||
| Q3 25 | $378.3M | $582.2M | ||
| Q2 25 | $404.5M | $574.8M | ||
| Q1 25 | $438.8M | $571.4M | ||
| Q4 24 | $869.0M | $581.6M | ||
| Q3 24 | $1.0B | $578.6M | ||
| Q2 24 | $1.1B | $571.4M | ||
| Q1 24 | $1.7B | $566.7M |
负债/权益比CHGGRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $-9.0M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-15.5M | $33.5M |
| 自由现金流率自由现金流/营收 | -21.3% | 47.1% |
| 资本支出强度资本支出/营收 | 8.9% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-12.6M | $56.8M |
8季度趋势，按日历期对齐
经营现金流CHGGRMAX
| Q4 25 | $-9.0M | $40.9M | ||
| Q3 25 | $4.8M | $17.7M | ||
| Q2 25 | $-4.8M | $4.6M | ||
| Q1 25 | $24.5M | $5.7M | ||
| Q4 24 | $18.1M | $59.7M | ||
| Q3 24 | $39.5M | $17.6M | ||
| Q2 24 | $14.2M | $15.9M | ||
| Q1 24 | $53.3M | $9.4M |
自由现金流CHGGRMAX
| Q4 25 | $-15.5M | $33.5M | ||
| Q3 25 | $-943.0K | $16.4M | ||
| Q2 25 | $-12.1M | $2.9M | ||
| Q1 25 | $15.9M | $4.0M | ||
| Q4 24 | $4.8M | $53.0M | ||
| Q3 24 | $23.7M | $16.3M | ||
| Q2 24 | $-3.6M | $14.0M | ||
| Q1 24 | $25.3M | $6.8M |
自由现金流率CHGGRMAX
| Q4 25 | -21.3% | 47.1% | ||
| Q3 25 | -1.2% | 22.4% | ||
| Q2 25 | -11.5% | 4.0% | ||
| Q1 25 | 13.1% | 5.3% | ||
| Q4 24 | 3.4% | 73.2% | ||
| Q3 24 | 17.3% | 20.8% | ||
| Q2 24 | -2.2% | 17.8% | ||
| Q1 24 | 14.5% | 8.6% |
资本支出强度CHGGRMAX
| Q4 25 | 8.9% | 10.4% | ||
| Q3 25 | 7.4% | 1.8% | ||
| Q2 25 | 6.9% | 2.2% | ||
| Q1 25 | 7.1% | 2.3% | ||
| Q4 24 | 9.3% | 9.1% | ||
| Q3 24 | 11.6% | 1.7% | ||
| Q2 24 | 10.9% | 2.4% | ||
| Q1 24 | 16.1% | 3.3% |
现金转化率CHGGRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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
CHGG
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
