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Cellebrite DI Ltd.（CLBT）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
Cellebrite DI Ltd.的季度营收约是MARCUS CORP的1.5倍（$292.2M vs $193.5M），Cellebrite DI Ltd.自由现金流更多（$60.8M vs $26.4M），过去两年Cellebrite DI Ltd.的营收复合增速更高（72.8% vs 18.2%）
Cellebrite DI Ltd.是一家总部位于以色列佩塔提克瓦的数字取证企业，为执法机构、企业及服务供应商提供数字数据的采集、审阅、分析与管理工具，旗下核心产品系列为Cellebrite UFED。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
CLBT vs MCS — 直观对比
营收规模更大
CLBT
是对方的1.5倍
$193.5M
自由现金流更多
CLBT
多$34.4M
$26.4M
两年增速更快
CLBT
近两年复合增速
18.2%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $292.2M | $193.5M |
| 净利润 | $-302.3M | — |
| 毛利率 | 84.6% | — |
| 营业利润率 | 14.1% | 0.9% |
| 净利率 | -103.5% | — |
| 营收同比 | — | 2.8% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-1.50 | — |
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CLBTMCS
| Q4 25 | — | $193.5M | ||
| Q3 25 | $292.2M | $210.2M | ||
| Q2 25 | $220.8M | $206.0M | ||
| Q1 25 | $89.6M | $148.8M | ||
| Q4 24 | — | $188.3M | ||
| Q3 24 | $232.1M | $232.7M | ||
| Q2 24 | $185.3M | $176.0M | ||
| Q1 24 | $71.2M | $138.5M |
净利润CLBTMCS
| Q4 25 | — | — | ||
| Q3 25 | $-302.3M | $16.2M | ||
| Q2 25 | $36.9M | $7.3M | ||
| Q1 25 | $-71.4M | $-16.8M | ||
| Q4 24 | — | $986.0K | ||
| Q3 24 | — | $23.3M | ||
| Q2 24 | $-95.2M | $-20.2M | ||
| Q1 24 | $-40.6M | $-11.9M |
毛利率CLBTMCS
| Q4 25 | — | — | ||
| Q3 25 | 84.6% | — | ||
| Q2 25 | 84.1% | — | ||
| Q1 25 | 85.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 83.5% | — | ||
| Q2 24 | 84.1% | — | ||
| Q1 24 | 82.6% | — |
营业利润率CLBTMCS
| Q4 25 | — | 0.9% | ||
| Q3 25 | 14.1% | 10.8% | ||
| Q2 25 | 12.1% | 6.3% | ||
| Q1 25 | 10.3% | -13.7% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | 7.9% | 14.1% | ||
| Q2 24 | 11.7% | 1.3% | ||
| Q1 24 | 0.2% | -12.0% |
净利率CLBTMCS
| Q4 25 | — | — | ||
| Q3 25 | -103.5% | 7.7% | ||
| Q2 25 | 16.7% | 3.6% | ||
| Q1 25 | -79.7% | -11.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | -51.4% | -11.5% | ||
| Q1 24 | -57.0% | -8.6% |
每股收益（稀释后）CLBTMCS
| Q4 25 | — | — | ||
| Q3 25 | $-1.50 | — | ||
| Q2 25 | $0.15 | — | ||
| Q1 25 | $-0.36 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.35 | — | ||
| Q2 24 | $-0.48 | — | ||
| Q1 24 | $-0.21 | — |
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 | $191.7M | $23.4M |
| 总债务越低越好 | — | $159.0M |
| 股东权益账面价值 | $336.0M | $457.4M |
| 总资产 | $690.6M | $1.0B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资CLBTMCS
| Q4 25 | — | $23.4M | ||
| Q3 25 | $191.7M | $7.4M | ||
| Q2 25 | $326.1M | $14.9M | ||
| Q1 25 | $191.7M | $11.9M | ||
| Q4 24 | — | $40.8M | ||
| Q3 24 | $189.5M | $28.4M | ||
| Q2 24 | $178.6M | $32.8M | ||
| Q1 24 | $189.5M | $17.3M |
总债务CLBTMCS
| Q4 25 | — | $159.0M | ||
| Q3 25 | — | $162.0M | ||
| Q2 25 | — | $179.9M | ||
| Q1 25 | — | $198.9M | ||
| Q4 24 | — | $159.1M | ||
| Q3 24 | — | $173.1M | ||
| Q2 24 | — | $175.7M | ||
| Q1 24 | — | $169.8M |
股东权益CLBTMCS
| Q4 25 | — | $457.4M | ||
| Q3 25 | $336.0M | $454.3M | ||
| Q2 25 | $408.4M | $448.4M | ||
| Q1 25 | $336.0M | $441.8M | ||
| Q4 24 | — | $464.9M | ||
| Q3 24 | $34.2M | $462.3M | ||
| Q2 24 | $-40.2M | $449.4M | ||
| Q1 24 | $34.2M | $459.3M |
总资产CLBTMCS
| Q4 25 | — | $1.0B | ||
| Q3 25 | $690.6M | $1.0B | ||
| Q2 25 | $787.4M | $1.0B | ||
| Q1 25 | $690.6M | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $532.9M | $1.0B | ||
| Q2 24 | $556.6M | $1.1B | ||
| Q1 24 | $532.9M | $1.0B |
负债/权益比CLBTMCS
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.37× |
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 | $66.2M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $26.4M |
| 自由现金流率自由现金流/营收 | 20.8% | 13.6% |
| 资本支出强度资本支出/营收 | 1.8% | 11.6% |
| 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 | $172.1M | $989.0K |
8季度趋势，按日历期对齐
经营现金流CLBTMCS
| Q4 25 | — | $48.8M | ||
| Q3 25 | $66.2M | $39.1M | ||
| Q2 25 | $53.5M | $31.6M | ||
| Q1 25 | $10.0M | $-35.3M | ||
| Q4 24 | — | $52.6M | ||
| Q3 24 | $58.2M | $30.5M | ||
| Q2 24 | $24.6M | $36.0M | ||
| Q1 24 | $12.5M | $-15.1M |
自由现金流CLBTMCS
| Q4 25 | — | $26.4M | ||
| Q3 25 | $60.8M | $18.2M | ||
| Q2 25 | $47.5M | $14.7M | ||
| Q1 25 | $8.5M | $-58.3M | ||
| Q4 24 | — | $27.1M | ||
| Q3 24 | $55.3M | $12.0M | ||
| Q2 24 | $21.0M | $16.1M | ||
| Q1 24 | $11.4M | $-30.5M |
自由现金流率CLBTMCS
| Q4 25 | — | 13.6% | ||
| Q3 25 | 20.8% | 8.7% | ||
| Q2 25 | 21.5% | 7.1% | ||
| Q1 25 | 9.5% | -39.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 23.8% | 5.2% | ||
| Q2 24 | 11.3% | 9.2% | ||
| Q1 24 | 16.0% | -22.0% |
资本支出强度CLBTMCS
| Q4 25 | — | 11.6% | ||
| Q3 25 | 1.8% | 9.9% | ||
| Q2 25 | 2.7% | 8.2% | ||
| Q1 25 | 1.7% | 15.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | 1.3% | 7.9% | ||
| Q2 24 | 1.9% | 11.3% | ||
| Q1 24 | 1.5% | 11.1% |
现金转化率CLBTMCS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | 1.45× | 4.32× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 53.31× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | — | ||
| 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
CLBT
| Subscription services | $197.2M | 67% |
| Term-license | $60.8M | 21% |
| Professional services | $23.2M | 8% |
| Other non-recurring | $11.0M | 4% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
