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Cellebrite DI Ltd.（CLBT）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是Cellebrite DI Ltd.的2.0倍（$575.2M vs $292.2M）。Tyler Technologies净利率更高（11.4% vs -103.5%，领先114.9%）。Tyler Technologies自由现金流更多（$239.6M vs $60.8M）。过去两年Cellebrite DI Ltd.的营收复合增速更高（72.8% vs 6.0%）
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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
CLBT vs TYL — 直观对比
营收规模更大
TYL
是对方的2.0倍
$292.2M
净利率更高
TYL
高出114.9%
-103.5%
自由现金流更多
TYL
多$178.8M
$60.8M
两年增速更快
CLBT
近两年复合增速
6.0%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $292.2M | $575.2M |
| 净利润 | $-302.3M | $65.5M |
| 毛利率 | 84.6% | 45.5% |
| 营业利润率 | 14.1% | 13.0% |
| 净利率 | -103.5% | 11.4% |
| 营收同比 | — | 6.3% |
| 净利润同比 | — | 0.5% |
| 每股收益（稀释后） | $-1.50 | $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CLBTTYL
| Q4 25 | — | $575.2M | ||
| Q3 25 | $292.2M | $595.9M | ||
| Q2 25 | $220.8M | $596.1M | ||
| Q1 25 | $89.6M | $565.2M | ||
| Q4 24 | — | $541.1M | ||
| Q3 24 | $232.1M | $543.3M | ||
| Q2 24 | $185.3M | $541.0M | ||
| Q1 24 | $71.2M | $512.4M |
净利润CLBTTYL
| Q4 25 | — | $65.5M | ||
| Q3 25 | $-302.3M | $84.4M | ||
| Q2 25 | $36.9M | $84.6M | ||
| Q1 25 | $-71.4M | $81.1M | ||
| Q4 24 | — | $65.2M | ||
| Q3 24 | — | $75.9M | ||
| Q2 24 | $-95.2M | $67.7M | ||
| Q1 24 | $-40.6M | $54.2M |
毛利率CLBTTYL
| Q4 25 | — | 45.5% | ||
| Q3 25 | 84.6% | 47.2% | ||
| Q2 25 | 84.1% | 45.8% | ||
| Q1 25 | 85.2% | 47.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | 83.5% | 43.7% | ||
| Q2 24 | 84.1% | 44.0% | ||
| Q1 24 | 82.6% | 43.7% |
营业利润率CLBTTYL
| Q4 25 | — | 13.0% | ||
| Q3 25 | 14.1% | 16.4% | ||
| Q2 25 | 12.1% | 16.0% | ||
| Q1 25 | 10.3% | 15.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 7.9% | 15.2% | ||
| Q2 24 | 11.7% | 14.4% | ||
| Q1 24 | 0.2% | 13.1% |
净利率CLBTTYL
| Q4 25 | — | 11.4% | ||
| Q3 25 | -103.5% | 14.2% | ||
| Q2 25 | 16.7% | 14.2% | ||
| Q1 25 | -79.7% | 14.3% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 14.0% | ||
| Q2 24 | -51.4% | 12.5% | ||
| Q1 24 | -57.0% | 10.6% |
每股收益（稀释后）CLBTTYL
| Q4 25 | — | $1.50 | ||
| Q3 25 | $-1.50 | $1.93 | ||
| Q2 25 | $0.15 | $1.93 | ||
| Q1 25 | $-0.36 | $1.84 | ||
| Q4 24 | — | $1.48 | ||
| Q3 24 | $-0.35 | $1.74 | ||
| Q2 24 | $-0.48 | $1.57 | ||
| Q1 24 | $-0.21 | $1.26 |
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 | $1.1B |
| 总债务越低越好 | — | $599.7M |
| 股东权益账面价值 | $336.0M | $3.7B |
| 总资产 | $690.6M | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资CLBTTYL
| Q4 25 | — | $1.1B | ||
| Q3 25 | $191.7M | $950.8M | ||
| Q2 25 | $326.1M | $892.3M | ||
| Q1 25 | $191.7M | $807.4M | ||
| Q4 24 | — | $768.0M | ||
| Q3 24 | $189.5M | $544.3M | ||
| Q2 24 | $178.6M | $258.0M | ||
| Q1 24 | $189.5M | $196.9M |
总债务CLBTTYL
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M | ||
| Q1 24 | — | $596.6M |
股东权益CLBTTYL
| Q4 25 | — | $3.7B | ||
| Q3 25 | $336.0M | $3.6B | ||
| Q2 25 | $408.4M | $3.6B | ||
| Q1 25 | $336.0M | $3.5B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | $34.2M | $3.3B | ||
| Q2 24 | $-40.2M | $3.1B | ||
| Q1 24 | $34.2M | $3.0B |
总资产CLBTTYL
| Q4 25 | — | $5.6B | ||
| Q3 25 | $690.6M | $5.5B | ||
| Q2 25 | $787.4M | $5.4B | ||
| Q1 25 | $690.6M | $5.2B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | $532.9M | $5.0B | ||
| Q2 24 | $556.6M | $4.8B | ||
| Q1 24 | $532.9M | $4.6B |
负债/权益比CLBTTYL
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.20× |
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 | $243.9M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $239.6M |
| 自由现金流率自由现金流/营收 | 20.8% | 41.7% |
| 资本支出强度资本支出/营收 | 1.8% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 3.72× |
| 过去12个月自由现金流最近4个季度 | $172.1M | $637.5M |
8季度趋势，按日历期对齐
经营现金流CLBTTYL
| Q4 25 | — | $243.9M | ||
| Q3 25 | $66.2M | $255.2M | ||
| Q2 25 | $53.5M | $98.3M | ||
| Q1 25 | $10.0M | $56.2M | ||
| Q4 24 | — | $224.8M | ||
| Q3 24 | $58.2M | $263.7M | ||
| Q2 24 | $24.6M | $64.3M | ||
| Q1 24 | $12.5M | $71.8M |
自由现金流CLBTTYL
| Q4 25 | — | $239.6M | ||
| Q3 25 | $60.8M | $251.3M | ||
| Q2 25 | $47.5M | $92.8M | ||
| Q1 25 | $8.5M | $53.8M | ||
| Q4 24 | — | $221.0M | ||
| Q3 24 | $55.3M | $260.8M | ||
| Q2 24 | $21.0M | $57.7M | ||
| Q1 24 | $11.4M | $64.6M |
自由现金流率CLBTTYL
| Q4 25 | — | 41.7% | ||
| Q3 25 | 20.8% | 42.2% | ||
| Q2 25 | 21.5% | 15.6% | ||
| Q1 25 | 9.5% | 9.5% | ||
| Q4 24 | — | 40.8% | ||
| Q3 24 | 23.8% | 48.0% | ||
| Q2 24 | 11.3% | 10.7% | ||
| Q1 24 | 16.0% | 12.6% |
资本支出强度CLBTTYL
| Q4 25 | — | 0.8% | ||
| Q3 25 | 1.8% | 0.7% | ||
| Q2 25 | 2.7% | 0.9% | ||
| Q1 25 | 1.7% | 0.4% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 1.3% | 0.5% | ||
| Q2 24 | 1.9% | 1.2% | ||
| Q1 24 | 1.5% | 1.4% |
现金转化率CLBTTYL
| Q4 25 | — | 3.72× | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | 1.45× | 1.16× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 3.45× | ||
| Q3 24 | — | 3.47× | ||
| Q2 24 | — | 0.95× | ||
| Q1 24 | — | 1.33× |
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% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |
