vs
Cohen & Co Inc.（COHN）与Galaxy Digital Inc.（GLXY）财务数据对比。点击上方公司名可切换其他公司
Galaxy Digital Inc.的季度营收约是Cohen & Co Inc.的227.2倍（$23.3B vs $102.7M）
科恩父子公司是一家总部位于伦敦商业路的废金属贸易商，由乔治·亨利·科恩于1834年创立，最初名为乔治·科恩公司，1883年创始人之子迈克尔·科恩入职后更名为现名。一战结束后，公司拿下多份大型合同，负责处理包括40万吨烈性炸药及炮弹在内的剩余军火。
Digital Chocolate是总部位于美国加州圣马特奥的电子游戏开发发行商，由艺电（EA）及3DO公司创始人特里普·霍金斯于2003年创立，主打Java ME功能机、iOS、Windows平台游戏，也推出过部分非娱乐类产品，品牌口号为「把握当下」。
COHN vs GLXY — 直观对比
营收规模更大
GLXY
是对方的227.2倍
$102.7M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $102.7M | $23.3B |
| 净利润 | — | $-777.1M |
| 毛利率 | — | — |
| 营业利润率 | 29.2% | -3.7% |
| 净利率 | — | -3.3% |
| 营收同比 | 454.1% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.77 | — |
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COHNGLXY
| Q4 25 | $102.7M | $23.3B | ||
| Q3 25 | $84.2M | $28.4B | ||
| Q2 25 | $59.9M | $8.6B | ||
| Q1 25 | $28.7M | $0 | ||
| Q4 24 | $18.5M | — | ||
| Q3 24 | $31.7M | $8.5B | ||
| Q2 24 | $10.8M | $8.9B | ||
| Q1 24 | $18.6M | $0 |
净利润COHNGLXY
| Q4 25 | — | $-777.1M | ||
| Q3 25 | $4.6M | $505.1M | ||
| Q2 25 | $1.4M | $30.7M | ||
| Q1 25 | $329.0K | $0 | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.1M | $-33.3M | ||
| Q2 24 | $-2.3M | $-125.6M | ||
| Q1 24 | $2.0M | $-1.0K |
营业利润率COHNGLXY
| Q4 25 | 29.2% | -3.7% | ||
| Q3 25 | 25.8% | 1.9% | ||
| Q2 25 | 12.5% | 0.5% | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | -29.7% | — | ||
| Q3 24 | 22.8% | -0.5% | ||
| Q2 24 | -59.0% | -1.6% | ||
| Q1 24 | -18.2% | — |
净利率COHNGLXY
| Q4 25 | — | -3.3% | ||
| Q3 25 | 5.5% | 1.8% | ||
| Q2 25 | 2.4% | 0.4% | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.8% | -0.4% | ||
| Q2 24 | -21.8% | -1.4% | ||
| Q1 24 | 10.9% | — |
每股收益（稀释后）COHNGLXY
| Q4 25 | $0.77 | — | ||
| Q3 25 | $2.58 | — | ||
| Q2 25 | $0.81 | — | ||
| Q1 25 | $0.19 | — | ||
| Q4 24 | $-1.20 | — | ||
| Q3 24 | $1.31 | — | ||
| Q2 24 | $-1.47 | — | ||
| Q1 24 | $1.28 | — |
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 | $56.8M | $2.0B |
| 总债务越低越好 | $32.9M | — |
| 股东权益账面价值 | $51.1M | $2.0B |
| 总资产 | $700.6M | $11.3B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资COHNGLXY
| Q4 25 | $56.8M | $2.0B | ||
| Q3 25 | $54.7M | $2.0B | ||
| Q2 25 | $26.0M | $1.4B | ||
| Q1 25 | $14.0M | $1.0K | ||
| Q4 24 | $19.6M | — | ||
| Q3 24 | $14.3M | — | ||
| Q2 24 | $9.6M | — | ||
| Q1 24 | $11.8M | — |
总债务COHNGLXY
| Q4 25 | $32.9M | — | ||
| Q3 25 | $32.7M | — | ||
| Q2 25 | $32.6M | — | ||
| Q1 25 | $35.0M | — | ||
| Q4 24 | $34.9M | — | ||
| Q3 24 | $34.9M | — | ||
| Q2 24 | $29.7M | — | ||
| Q1 24 | $29.7M | — |
股东权益COHNGLXY
| Q4 25 | $51.1M | $2.0B | ||
| Q3 25 | $47.8M | $1.8B | ||
| Q2 25 | $43.4M | $1.5B | ||
| Q1 25 | $42.0M | $1.0K | ||
| Q4 24 | $41.7M | — | ||
| Q3 24 | $43.8M | $2.1B | ||
| Q2 24 | $41.7M | $2.1B | ||
| Q1 24 | $43.8M | $2.0K |
总资产COHNGLXY
| Q4 25 | $700.6M | $11.3B | ||
| Q3 25 | $773.9M | $11.5B | ||
| Q2 25 | $1.1B | $9.1B | ||
| Q1 25 | $978.0M | $1.0K | ||
| Q4 24 | $971.1M | — | ||
| Q3 24 | $818.0M | — | ||
| Q2 24 | $826.0M | — | ||
| Q1 24 | $1.1B | — |
负债/权益比COHNGLXY
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.68× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.84× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.68× | — |
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 | $-2.1M | $-1.1B |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | — |
| 自由现金流率自由现金流/营收 | -2.4% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 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 | $26.1M | — |
8季度趋势，按日历期对齐
经营现金流COHNGLXY
| Q4 25 | $-2.1M | $-1.1B | ||
| Q3 25 | $22.4M | $427.7M | ||
| Q2 25 | $13.3M | $329.3M | ||
| Q1 25 | $-6.4M | $0 | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $4.1M | — | ||
| Q2 24 | $-4.2M | — | ||
| Q1 24 | $5.1M | $-1.0K |
自由现金流COHNGLXY
| Q4 25 | $-2.5M | — | ||
| Q3 25 | $22.2M | $189.6M | ||
| Q2 25 | $12.9M | — | ||
| Q1 25 | $-6.5M | — | ||
| Q4 24 | $4.0M | — | ||
| Q3 24 | $3.8M | — | ||
| Q2 24 | $-4.6M | — | ||
| Q1 24 | $5.0M | — |
自由现金流率COHNGLXY
| Q4 25 | -2.4% | — | ||
| Q3 25 | 26.3% | 0.7% | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | -22.7% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 12.0% | — | ||
| Q2 24 | -42.4% | — | ||
| Q1 24 | 27.1% | — |
资本支出强度COHNGLXY
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 0.5% | — |
现金转化率COHNGLXY
| Q4 25 | — | — | ||
| Q3 25 | 4.88× | 0.85× | ||
| Q2 25 | 9.48× | 10.73× | ||
| Q1 25 | -19.37× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.91× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.54× | — |
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
COHN
| Capital Markets | $68.5M | 67% |
| Other | $25.7M | 25% |
| Gestational Repo Business | $5.6M | 5% |
| Asset Management Segment | $2.9M | 3% |
GLXY
| Other | $13.0B | 56% |
| Digital Assets Sales | $10.2B | 44% |
| Blockchain Rewards | $57.0M | 0% |
| Fee | $27.4M | 0% |
| Blockchain Rewards From Non Customers | $1.7M | 0% |
