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芝商所（CME）与Rivian Automotive, Inc.（RIVN）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Rivian Automotive, Inc.的1.5倍（$1.9B vs $1.3B），芝商所净利率更高（0.1% vs -63.1%，领先63.1%），芝商所同比增速更快（14.5% vs -25.8%），过去两年芝商所的营收复合增速更高（10.8% vs 3.3%）
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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
CME vs RIVN — 直观对比
营收规模更大
CME
是对方的1.5倍
$1.3B
营收增速更快
CME
高出40.3%
-25.8%
净利率更高
CME
高出63.1%
-63.1%
两年增速更快
CME
近两年复合增速
3.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.3B |
| 净利润 | $1.2M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 0.1% | -64.8% |
| 净利率 | 0.1% | -63.1% |
| 营收同比 | 14.5% | -25.8% |
| 净利润同比 | 20.7% | -9.0% |
| 每股收益（稀释后） | — | $-0.66 |
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CMERIVN
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.6B | $1.2B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.6B | $874.0M | ||
| Q2 24 | $1.5B | $1.2B |
净利润CMERIVN
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $-811.0M | ||
| Q3 25 | $908.0M | $-1.2B | ||
| Q2 25 | $1.0B | $-1.1B | ||
| Q1 25 | $956.2M | $-545.0M | ||
| Q4 24 | $874.6M | $-744.0M | ||
| Q3 24 | $912.8M | $-1.1B | ||
| Q2 24 | $883.2M | $-1.5B |
毛利率CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% |
营业利润率CMERIVN
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | -64.8% | ||
| Q3 25 | 63.3% | -63.1% | ||
| Q2 25 | 66.7% | -85.5% | ||
| Q1 25 | 67.5% | -52.8% | ||
| Q4 24 | 62.1% | -38.1% | ||
| Q3 24 | 64.6% | -133.8% | ||
| Q2 24 | 65.3% | -118.7% |
净利率CMERIVN
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | -63.1% | ||
| Q3 25 | 59.1% | -75.3% | ||
| Q2 25 | 60.6% | -85.7% | ||
| Q1 25 | 58.2% | -44.0% | ||
| Q4 24 | 57.3% | -42.9% | ||
| Q3 24 | 57.6% | -125.9% | ||
| Q2 24 | 57.6% | -125.8% |
每股收益（稀释后）CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $-0.66 | ||
| Q3 25 | $2.49 | $-0.96 | ||
| Q2 25 | $2.81 | $-0.97 | ||
| Q1 25 | $2.62 | $-0.48 | ||
| Q4 24 | $2.40 | $-0.67 | ||
| Q3 24 | $2.50 | $-1.08 | ||
| Q2 24 | $2.42 | $-1.46 |
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 | $6.1B |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | — | $4.6B |
| 总资产 | $202.0B | $14.9B |
| 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CMERIVN
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | $6.1B | ||
| Q3 25 | $2.6B | $7.1B | ||
| Q2 25 | $2.1B | $7.5B | ||
| Q1 25 | $1.5B | $7.2B | ||
| Q4 24 | $3.0B | $7.7B | ||
| Q3 24 | $2.4B | $6.7B | ||
| Q2 24 | $1.9B | $7.9B |
总债务CMERIVN
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B |
股东权益CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | $4.6B | ||
| Q3 25 | $28.2B | $5.1B | ||
| Q2 25 | $27.7B | $6.1B | ||
| Q1 25 | $27.0B | $6.2B | ||
| Q4 24 | $26.5B | $6.6B | ||
| Q3 24 | $28.2B | $5.9B | ||
| Q2 24 | $27.6B | $6.8B |
总资产CMERIVN
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $14.9B | ||
| Q3 25 | $187.1B | $15.2B | ||
| Q2 25 | $179.9B | $15.6B | ||
| Q1 25 | $157.8B | $15.5B | ||
| Q4 24 | $137.4B | $15.4B | ||
| Q3 24 | $137.8B | $14.3B | ||
| Q2 24 | $123.4B | $15.4B |
负债/权益比CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× |
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 | — | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 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 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $-681.0M | ||
| Q3 25 | $968.1M | $26.0M | ||
| Q2 25 | $1.1B | $64.0M | ||
| Q1 25 | $1.1B | $-188.0M | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.0B | $-876.0M | ||
| Q2 24 | $776.9M | $-754.0M |
自由现金流CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $-1.1B | ||
| Q3 25 | $949.7M | $-421.0M | ||
| Q2 25 | $1.0B | $-398.0M | ||
| Q1 25 | $1.1B | $-526.0M | ||
| Q4 24 | $991.7M | $856.0M | ||
| Q3 24 | $973.2M | $-1.2B | ||
| Q2 24 | $758.7M | $-1.0B |
自由现金流率CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | -89.0% | ||
| Q3 25 | 61.8% | -27.0% | ||
| Q2 25 | 61.5% | -30.5% | ||
| Q1 25 | 67.1% | -42.4% | ||
| Q4 24 | 65.0% | 49.4% | ||
| Q3 24 | 61.4% | -131.9% | ||
| Q2 24 | 49.5% | -89.6% |
资本支出强度CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 36.0% | ||
| Q3 25 | 1.2% | 28.7% | ||
| Q2 25 | 1.1% | 35.5% | ||
| Q1 25 | 0.9% | 27.3% | ||
| Q4 24 | 1.7% | 18.9% | ||
| Q3 24 | 1.9% | 31.7% | ||
| Q2 24 | 1.2% | 24.4% |
现金转化率CMERIVN
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.16× | — | ||
| Q3 24 | 1.10× | — | ||
| 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
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
