vs
科睿唯安（CLVT）与ZIFF DAVIS, INC.（ZD）财务数据对比。点击上方公司名可切换其他公司
科睿唯安的季度营收约是ZIFF DAVIS, INC.的1.4倍（$585.5M vs $406.7M），ZIFF DAVIS, INC.净利率更高（0.1% vs -6.9%，领先7.0%），科睿唯安同比增速更快（-1.4% vs -1.5%），ZIFF DAVIS, INC.自由现金流更多（$157.8M vs $78.9M），过去两年ZIFF DAVIS, INC.的营收复合增速更高（13.7% vs -5.1%）
科睿唯安是一家英美合资的上市分析服务企业，主要提供订阅制信息服务，覆盖文献计量、科学计量、商业与市场情报领域，同时为医药、生物科技行业提供专利、监管合规相关的竞争分析，也提供商标保护、域名与品牌保护服务，旗下Web of Science产品系列还负责计算学术期刊的影响因子。
齐夫戴维斯是美国知名数字媒体及互联网企业，由威廉·伯纳德·齐夫一世与伯纳德·乔治·戴维斯于1927年创立。公司核心业务涵盖科技、健康类媒体网站，线上购物相关服务，互联网接入服务，游戏娱乐品牌，以及网络安全和营销技术工具，早年曾以爱好者类杂志出版为主要业务。
CLVT vs ZD — 直观对比
营收规模更大
CLVT
是对方的1.4倍
$406.7M
营收增速更快
CLVT
高出0.1%
-1.5%
净利率更高
ZD
高出7.0%
-6.9%
自由现金流更多
ZD
多$78.9M
$78.9M
两年增速更快
ZD
近两年复合增速
-5.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $585.5M | $406.7M |
| 净利润 | $-40.2M | $370.0K |
| 毛利率 | 67.2% | 85.9% |
| 营业利润率 | 5.2% | 21.2% |
| 净利率 | -6.9% | 0.1% |
| 营收同比 | -1.4% | -1.5% |
| 净利润同比 | 61.3% | -99.4% |
| 每股收益（稀释后） | $-0.06 | $0.06 |
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CLVTZD
| Q1 26 | $585.5M | — | ||
| Q4 25 | $617.0M | $406.7M | ||
| Q3 25 | $623.1M | $363.7M | ||
| Q2 25 | $621.4M | $352.2M | ||
| Q1 25 | $593.7M | $328.6M | ||
| Q4 24 | $663.0M | $412.8M | ||
| Q3 24 | $622.2M | $353.6M | ||
| Q2 24 | $650.3M | $320.8M |
净利润CLVTZD
| Q1 26 | $-40.2M | — | ||
| Q4 25 | $3.1M | $370.0K | ||
| Q3 25 | $-28.3M | $-3.6M | ||
| Q2 25 | $-72.0M | $26.3M | ||
| Q1 25 | $-103.9M | $24.2M | ||
| Q4 24 | $-191.8M | $64.1M | ||
| Q3 24 | $-65.6M | $-48.6M | ||
| Q2 24 | $-304.3M | $36.9M |
毛利率CLVTZD
| Q1 26 | 67.2% | — | ||
| Q4 25 | 66.8% | 85.9% | ||
| Q3 25 | 65.0% | 85.4% | ||
| Q2 25 | 67.2% | 86.1% | ||
| Q1 25 | 65.1% | 85.6% | ||
| Q4 24 | 65.7% | 87.1% | ||
| Q3 24 | 66.2% | 85.5% | ||
| Q2 24 | 67.2% | 84.4% |
营业利润率CLVTZD
| Q1 26 | 5.2% | — | ||
| Q4 25 | 6.7% | 21.2% | ||
| Q3 25 | 7.1% | 7.8% | ||
| Q2 25 | 1.1% | 9.5% | ||
| Q1 25 | -3.5% | 10.7% | ||
| Q4 24 | -9.4% | 19.0% | ||
| Q3 24 | 3.5% | -8.3% | ||
| Q2 24 | -36.9% | 8.9% |
净利率CLVTZD
| Q1 26 | -6.9% | — | ||
| Q4 25 | 0.5% | 0.1% | ||
| Q3 25 | -4.5% | -1.0% | ||
| Q2 25 | -11.6% | 7.5% | ||
| Q1 25 | -17.5% | 7.4% | ||
| Q4 24 | -28.9% | 15.5% | ||
| Q3 24 | -10.5% | -13.7% | ||
| Q2 24 | -46.8% | 11.5% |
每股收益（稀释后）CLVTZD
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $0.00 | $0.06 | ||
| Q3 25 | $-0.04 | $-0.09 | ||
| Q2 25 | $-0.11 | $0.62 | ||
| Q1 25 | $-0.15 | $0.56 | ||
| Q4 24 | $-0.27 | $1.53 | ||
| Q3 24 | $-0.09 | $-1.11 | ||
| Q2 24 | $-0.46 | $0.77 |
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 | — | $607.0M |
| 总债务越低越好 | $4.3B | $866.5M |
| 股东权益账面价值 | $4.8B | $1.8B |
| 总资产 | $10.9B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.89× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资CLVTZD
| Q1 26 | — | — | ||
| Q4 25 | $329.2M | $607.0M | ||
| Q3 25 | $318.7M | $503.4M | ||
| Q2 25 | $362.6M | $457.3M | ||
| Q1 25 | $354.0M | $431.0M | ||
| Q4 24 | $295.2M | $505.9M | ||
| Q3 24 | $388.5M | $386.1M | ||
| Q2 24 | $376.4M | $687.2M |
总债务CLVTZD
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $866.5M | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | $864.3M | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.6B | — |
股东权益CLVTZD
| Q1 26 | $4.8B | — | ||
| Q4 25 | $4.8B | $1.8B | ||
| Q3 25 | $4.9B | $1.8B | ||
| Q2 25 | $5.0B | $1.8B | ||
| Q1 25 | $5.0B | $1.8B | ||
| Q4 24 | $5.1B | $1.8B | ||
| Q3 24 | $5.5B | $1.8B | ||
| Q2 24 | $5.6B | $1.9B |
总资产CLVTZD
| Q1 26 | $10.9B | — | ||
| Q4 25 | $11.1B | $3.7B | ||
| Q3 25 | $11.2B | $3.5B | ||
| Q2 25 | $11.4B | $3.5B | ||
| Q1 25 | $11.5B | $3.5B | ||
| Q4 24 | $11.5B | $3.7B | ||
| Q3 24 | $12.0B | $3.4B | ||
| Q2 24 | $12.1B | $3.7B |
负债/权益比CLVTZD
| Q1 26 | 0.89× | — | ||
| Q4 25 | 0.89× | 0.49× | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 0.88× | 0.48× | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.83× | — |
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 | $134.7M | $191.1M |
| 自由现金流经营现金流 - 资本支出 | $78.9M | $157.8M |
| 自由现金流率自由现金流/营收 | 13.5% | 38.8% |
| 资本支出强度资本支出/营收 | 9.5% | 8.2% |
| 现金转化率经营现金流/净利润 | — | 516.44× |
| 过去12个月自由现金流最近4个季度 | $333.9M | $287.9M |
8季度趋势，按日历期对齐
经营现金流CLVTZD
| Q1 26 | $134.7M | — | ||
| Q4 25 | $159.9M | $191.1M | ||
| Q3 25 | $181.1M | $138.3M | ||
| Q2 25 | $116.3M | $57.1M | ||
| Q1 25 | $171.2M | $20.6M | ||
| Q4 24 | $141.3M | $158.2M | ||
| Q3 24 | $202.9M | $106.0M | ||
| Q2 24 | $126.2M | $50.6M |
自由现金流CLVTZD
| Q1 26 | $78.9M | — | ||
| Q4 25 | $89.2M | $157.8M | ||
| Q3 25 | $115.5M | $108.2M | ||
| Q2 25 | $50.3M | $26.9M | ||
| Q1 25 | $110.3M | $-5.0M | ||
| Q4 24 | $59.1M | $131.1M | ||
| Q3 24 | $126.3M | $80.1M | ||
| Q2 24 | $60.3M | $25.1M |
自由现金流率CLVTZD
| Q1 26 | 13.5% | — | ||
| Q4 25 | 14.5% | 38.8% | ||
| Q3 25 | 18.5% | 29.7% | ||
| Q2 25 | 8.1% | 7.6% | ||
| Q1 25 | 18.6% | -1.5% | ||
| Q4 24 | 8.9% | 31.8% | ||
| Q3 24 | 20.3% | 22.7% | ||
| Q2 24 | 9.3% | 7.8% |
资本支出强度CLVTZD
| Q1 26 | 9.5% | — | ||
| Q4 25 | 11.5% | 8.2% | ||
| Q3 25 | 10.5% | 8.3% | ||
| Q2 25 | 10.6% | 8.6% | ||
| Q1 25 | 10.3% | 7.8% | ||
| Q4 24 | 12.4% | 6.6% | ||
| Q3 24 | 12.3% | 7.3% | ||
| Q2 24 | 10.1% | 8.0% |
现金转化率CLVTZD
| Q1 26 | — | — | ||
| Q4 25 | 51.58× | 516.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.17× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | — | 2.47× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.37× |
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
CLVT
| Subscription | $397.5M | 68% |
| Re-occurring | $108.6M | 19% |
| Transactional | $79.4M | 14% |
ZD
| Health And Wellness | $114.8M | 28% |
| Technology And Shopping | $108.9M | 27% |
| Cybersecurity And Martech Segment | $70.9M | 17% |
| Connectivity | $60.3M | 15% |
| Gaming And Entertainment | $51.7M | 13% |
| Subscription And Licensing | $2.9M | 1% |
