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Cellebrite DI Ltd.（CLBT）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ROYAL GOLD INC的季度营收约是Cellebrite DI Ltd.的1.3倍（$375.3M vs $292.2M），ROYAL GOLD INC净利率更高（24.9% vs -103.5%，领先128.4%），过去两年Cellebrite DI Ltd.的营收复合增速更高（72.8% vs 58.8%）
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。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
CLBT vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.3倍
$292.2M
净利率更高
RGLD
高出128.4%
-103.5%
两年增速更快
CLBT
近两年复合增速
58.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $292.2M | $375.3M |
| 净利润 | $-302.3M | $93.6M |
| 毛利率 | 84.6% | 64.6% |
| 营业利润率 | 14.1% | 56.2% |
| 净利率 | -103.5% | 24.9% |
| 营收同比 | — | 85.3% |
| 净利润同比 | — | -12.8% |
| 每股收益（稀释后） | $-1.50 | $1.04 |
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CLBTRGLD
| Q4 25 | — | $375.3M | ||
| Q3 25 | $292.2M | $252.1M | ||
| Q2 25 | $220.8M | $209.6M | ||
| Q1 25 | $89.6M | $193.4M | ||
| Q4 24 | — | $202.6M | ||
| Q3 24 | $232.1M | $193.8M | ||
| Q2 24 | $185.3M | $174.1M | ||
| Q1 24 | $71.2M | $148.9M |
净利润CLBTRGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $-302.3M | $126.8M | ||
| Q2 25 | $36.9M | $132.3M | ||
| Q1 25 | $-71.4M | $113.5M | ||
| Q4 24 | — | $107.4M | ||
| Q3 24 | — | $96.2M | ||
| Q2 24 | $-95.2M | $81.2M | ||
| Q1 24 | $-40.6M | $47.2M |
毛利率CLBTRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | 84.6% | 73.6% | ||
| Q2 25 | 84.1% | 72.6% | ||
| Q1 25 | 85.2% | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | 83.5% | 66.6% | ||
| Q2 24 | 84.1% | 64.7% | ||
| Q1 24 | 82.6% | 58.4% |
营业利润率CLBTRGLD
| Q4 25 | — | 56.2% | ||
| Q3 25 | 14.1% | 64.4% | ||
| Q2 25 | 12.1% | 67.7% | ||
| Q1 25 | 10.3% | 63.6% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | 7.9% | 61.3% | ||
| Q2 24 | 11.7% | 58.6% | ||
| Q1 24 | 0.2% | 50.7% |
净利率CLBTRGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | -103.5% | 50.3% | ||
| Q2 25 | 16.7% | 63.1% | ||
| Q1 25 | -79.7% | 58.7% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | — | 49.7% | ||
| Q2 24 | -51.4% | 46.6% | ||
| Q1 24 | -57.0% | 31.7% |
每股收益（稀释后）CLBTRGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | $-1.50 | $1.92 | ||
| Q2 25 | $0.15 | $2.01 | ||
| Q1 25 | $-0.36 | $1.72 | ||
| Q4 24 | — | $1.63 | ||
| Q3 24 | $-0.35 | $1.46 | ||
| Q2 24 | $-0.48 | $1.23 | ||
| Q1 24 | $-0.21 | $0.72 |
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 | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $336.0M | $7.2B |
| 总资产 | $690.6M | $9.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CLBTRGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | $191.7M | $172.8M | ||
| Q2 25 | $326.1M | $248.2M | ||
| Q1 25 | $191.7M | $240.8M | ||
| Q4 24 | — | $195.5M | ||
| Q3 24 | $189.5M | $127.9M | ||
| Q2 24 | $178.6M | $74.2M | ||
| Q1 24 | $189.5M | $137.9M |
总债务CLBTRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益CLBTRGLD
| Q4 25 | — | $7.2B | ||
| Q3 25 | $336.0M | $3.4B | ||
| Q2 25 | $408.4M | $3.3B | ||
| Q1 25 | $336.0M | $3.2B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | $34.2M | $3.0B | ||
| Q2 24 | $-40.2M | $3.0B | ||
| Q1 24 | $34.2M | $2.9B |
总资产CLBTRGLD
| Q4 25 | — | $9.5B | ||
| Q3 25 | $690.6M | $4.5B | ||
| Q2 25 | $787.4M | $3.6B | ||
| Q1 25 | $690.6M | $3.5B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | $532.9M | $3.3B | ||
| Q2 24 | $556.6M | $3.3B | ||
| Q1 24 | $532.9M | $3.3B |
负债/权益比CLBTRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| 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 | $66.2M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | — |
| 自由现金流率自由现金流/营收 | 20.8% | — |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $172.1M | — |
8季度趋势，按日历期对齐
经营现金流CLBTRGLD
| Q4 25 | — | $241.7M | ||
| Q3 25 | $66.2M | $174.0M | ||
| Q2 25 | $53.5M | $152.8M | ||
| Q1 25 | $10.0M | $136.4M | ||
| Q4 24 | — | $141.1M | ||
| Q3 24 | $58.2M | $136.7M | ||
| Q2 24 | $24.6M | $113.5M | ||
| Q1 24 | $12.5M | $138.3M |
自由现金流CLBTRGLD
| Q4 25 | — | — | ||
| Q3 25 | $60.8M | — | ||
| Q2 25 | $47.5M | — | ||
| Q1 25 | $8.5M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $55.3M | — | ||
| Q2 24 | $21.0M | — | ||
| Q1 24 | $11.4M | — |
自由现金流率CLBTRGLD
| Q4 25 | — | — | ||
| Q3 25 | 20.8% | — | ||
| Q2 25 | 21.5% | — | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 11.3% | — | ||
| Q1 24 | 16.0% | — |
资本支出强度CLBTRGLD
| Q4 25 | — | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 1.5% | — |
现金转化率CLBTRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | 1.45× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 2.93× |
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% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
