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芝商所（CME）与Pure Storage, Inc.（PSTG）财务数据对比。点击上方公司名可切换其他公司
芝商所的季度营收约是Pure Storage, Inc.的1.9倍（$1.9B vs $964.5M），Pure Storage, Inc.净利率更高（5.7% vs 0.1%，领先5.6%），Pure Storage, Inc.同比增速更快（16.0% vs 14.5%），过去两年芝商所的营收复合增速更高（10.8% vs 10.5%）
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
Pure Storage是美国上市科技企业，总部位于加利福尼亚州圣克拉拉，成立于2009年，2011年正式推出自研全闪存数据存储软硬件产品，2015年上市前累计获得超4.7亿美元风险投资，营收长期保持高速增长态势。
CME vs PSTG — 直观对比
营收规模更大
CME
是对方的1.9倍
$964.5M
营收增速更快
PSTG
高出1.6%
14.5%
净利率更高
PSTG
高出5.6%
0.1%
两年增速更快
CME
近两年复合增速
10.5%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $964.5M |
| 净利润 | $1.2M | $54.8M |
| 毛利率 | — | 72.3% |
| 营业利润率 | 0.1% | 5.6% |
| 净利率 | 0.1% | 5.7% |
| 营收同比 | 14.5% | 16.0% |
| 净利润同比 | 20.7% | -13.9% |
| 每股收益（稀释后） | — | $0.16 |
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CMEPSTG
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $964.5M | ||
| Q3 25 | $1.5B | $861.0M | ||
| Q2 25 | $1.7B | $778.5M | ||
| Q1 25 | $1.6B | $879.8M | ||
| Q4 24 | $1.5B | $831.1M | ||
| Q3 24 | $1.6B | $763.8M | ||
| Q2 24 | $1.5B | $693.5M |
净利润CMEPSTG
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $54.8M | ||
| Q3 25 | $908.0M | $47.1M | ||
| Q2 25 | $1.0B | $-14.0M | ||
| Q1 25 | $956.2M | $42.4M | ||
| Q4 24 | $874.6M | $63.6M | ||
| Q3 24 | $912.8M | $35.7M | ||
| Q2 24 | $883.2M | $-35.0M |
毛利率CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | — | 72.3% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 68.9% | ||
| Q1 25 | — | 67.5% | ||
| Q4 24 | — | 70.1% | ||
| Q3 24 | — | 70.7% | ||
| Q2 24 | — | 71.5% |
营业利润率CMEPSTG
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | 5.6% | ||
| Q3 25 | 63.3% | 0.6% | ||
| Q2 25 | 66.7% | -4.0% | ||
| Q1 25 | 67.5% | 4.8% | ||
| Q4 24 | 62.1% | 7.2% | ||
| Q3 24 | 64.6% | 3.3% | ||
| Q2 24 | 65.3% | -6.0% |
净利率CMEPSTG
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | 5.7% | ||
| Q3 25 | 59.1% | 5.5% | ||
| Q2 25 | 60.6% | -1.8% | ||
| Q1 25 | 58.2% | 4.8% | ||
| Q4 24 | 57.3% | 7.7% | ||
| Q3 24 | 57.6% | 4.7% | ||
| Q2 24 | 57.6% | -5.0% |
每股收益（稀释后）CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $0.16 | ||
| Q3 25 | $2.49 | $0.14 | ||
| Q2 25 | $2.81 | $-0.04 | ||
| Q1 25 | $2.62 | $0.13 | ||
| Q4 24 | $2.40 | $0.19 | ||
| Q3 24 | $2.50 | $0.10 | ||
| Q2 24 | $2.42 | $-0.11 |
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 | $2.4B | $852.8M |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | — | $1.4B |
| 总资产 | $202.0B | $4.2B |
| 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CMEPSTG
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | $852.8M | ||
| Q3 25 | $2.6B | $887.8M | ||
| Q2 25 | $2.1B | $739.3M | ||
| Q1 25 | $1.5B | $723.6M | ||
| Q4 24 | $3.0B | $894.6M | ||
| Q3 24 | $2.4B | $965.0M | ||
| Q2 24 | $1.9B | $900.6M |
总债务CMEPSTG
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | $1.4B | ||
| Q3 25 | $28.2B | $1.3B | ||
| Q2 25 | $27.7B | $1.2B | ||
| Q1 25 | $27.0B | $1.3B | ||
| Q4 24 | $26.5B | $1.4B | ||
| Q3 24 | $28.2B | $1.5B | ||
| Q2 24 | $27.6B | $1.4B |
总资产CMEPSTG
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $4.2B | ||
| Q3 25 | $187.1B | $4.0B | ||
| Q2 25 | $179.9B | $3.8B | ||
| Q1 25 | $157.8B | $4.0B | ||
| Q4 24 | $137.4B | $3.9B | ||
| Q3 24 | $137.8B | $3.8B | ||
| Q2 24 | $123.4B | $3.6B |
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 | — | $116.0M |
| 自由现金流经营现金流 - 资本支出 | — | $52.6M |
| 自由现金流率自由现金流/营收 | — | 5.5% |
| 资本支出强度资本支出/营收 | — | 6.6% |
| 现金转化率经营现金流/净利润 | — | 2.12× |
| 过去12个月自由现金流最近4个季度 | — | $566.7M |
8季度趋势，按日历期对齐
经营现金流CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $116.0M | ||
| Q3 25 | $968.1M | $212.2M | ||
| Q2 25 | $1.1B | $283.9M | ||
| Q1 25 | $1.1B | $208.5M | ||
| Q4 24 | $1.0B | $97.0M | ||
| Q3 24 | $1.0B | $226.6M | ||
| Q2 24 | $776.9M | $221.5M |
自由现金流CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $52.6M | ||
| Q3 25 | $949.7M | $150.1M | ||
| Q2 25 | $1.0B | $211.6M | ||
| Q1 25 | $1.1B | $152.4M | ||
| Q4 24 | $991.7M | $35.2M | ||
| Q3 24 | $973.2M | $166.6M | ||
| Q2 24 | $758.7M | $172.7M |
自由现金流率CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 5.5% | ||
| Q3 25 | 61.8% | 17.4% | ||
| Q2 25 | 61.5% | 27.2% | ||
| Q1 25 | 67.1% | 17.3% | ||
| Q4 24 | 65.0% | 4.2% | ||
| Q3 24 | 61.4% | 21.8% | ||
| Q2 24 | 49.5% | 24.9% |
资本支出强度CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 6.6% | ||
| Q3 25 | 1.2% | 7.2% | ||
| Q2 25 | 1.1% | 9.3% | ||
| Q1 25 | 0.9% | 6.4% | ||
| Q4 24 | 1.7% | 7.4% | ||
| Q3 24 | 1.9% | 7.9% | ||
| Q2 24 | 1.2% | 7.0% |
现金转化率CMEPSTG
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 2.12× | ||
| Q3 25 | 1.07× | 4.50× | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.17× | 4.91× | ||
| Q4 24 | 1.16× | 1.52× | ||
| Q3 24 | 1.10× | 6.35× | ||
| Q2 24 | 0.88× | — |
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
CME
暂无分部数据
PSTG
| US | $683.2M | 71% |
| Non Us | $281.3M | 29% |
