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Coursera, Inc.（COUR）与Tecnoglass Inc.（TGLS）财务数据对比。点击上方公司名可切换其他公司
Tecnoglass Inc.的季度营收约是Coursera, Inc.的1.2倍（$245.3M vs $196.9M），Tecnoglass Inc.净利率更高（10.6% vs -13.6%，领先24.3%），Coursera, Inc.同比增速更快（9.9% vs 2.4%），Tecnoglass Inc.自由现金流更多（$11.4M vs $5.4M），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% vs 7.9%）
Coursera Inc.是美国营利性在线教育平台，由斯坦福大学计算机科学教授吴恩达与达芙妮·科勒于2012年创立。创立初期它作为全球大型开放式网络课程平台运营，目前和全球多所大学及各类机构合作，提供涵盖多个学科领域的在线课程、证书与学位项目。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
COUR vs TGLS — 直观对比
营收规模更大
TGLS
是对方的1.2倍
$196.9M
营收增速更快
COUR
高出7.5%
2.4%
净利率更高
TGLS
高出24.3%
-13.6%
自由现金流更多
TGLS
多$6.0M
$5.4M
两年增速更快
TGLS
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $196.9M | $245.3M |
| 净利润 | $-26.8M | $26.1M |
| 毛利率 | 54.2% | 40.0% |
| 营业利润率 | -16.4% | 18.3% |
| 净利率 | -13.6% | 10.6% |
| 营收同比 | 9.9% | 2.4% |
| 净利润同比 | -24.1% | -44.5% |
| 每股收益（稀释后） | $-0.16 | $0.57 |
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COURTGLS
| Q4 25 | $196.9M | $245.3M | ||
| Q3 25 | $194.2M | $260.5M | ||
| Q2 25 | $187.1M | $255.5M | ||
| Q1 25 | $179.3M | $222.3M | ||
| Q4 24 | $179.2M | $239.6M | ||
| Q3 24 | $176.1M | $238.3M | ||
| Q2 24 | $170.3M | $219.7M | ||
| Q1 24 | $169.1M | $192.6M |
净利润COURTGLS
| Q4 25 | $-26.8M | $26.1M | ||
| Q3 25 | $-8.6M | $47.2M | ||
| Q2 25 | $-7.8M | $44.1M | ||
| Q1 25 | $-7.8M | $42.2M | ||
| Q4 24 | $-21.6M | $47.0M | ||
| Q3 24 | $-13.7M | $49.5M | ||
| Q2 24 | $-22.9M | $35.0M | ||
| Q1 24 | $-21.3M | $29.7M |
毛利率COURTGLS
| Q4 25 | 54.2% | 40.0% | ||
| Q3 25 | 54.6% | 42.7% | ||
| Q2 25 | 54.9% | 44.7% | ||
| Q1 25 | 54.6% | 43.9% | ||
| Q4 24 | 53.3% | 44.5% | ||
| Q3 24 | 54.6% | 45.8% | ||
| Q2 24 | 53.0% | 40.8% | ||
| Q1 24 | 52.9% | 38.8% |
营业利润率COURTGLS
| Q4 25 | -16.4% | 18.3% | ||
| Q3 25 | -8.0% | 25.1% | ||
| Q2 25 | -8.1% | 24.0% | ||
| Q1 25 | -8.0% | 26.7% | ||
| Q4 24 | -17.0% | 28.0% | ||
| Q3 24 | -12.3% | 28.4% | ||
| Q2 24 | -18.3% | 23.3% | ||
| Q1 24 | -17.6% | 21.3% |
净利率COURTGLS
| Q4 25 | -13.6% | 10.6% | ||
| Q3 25 | -4.4% | 18.1% | ||
| Q2 25 | -4.2% | 17.3% | ||
| Q1 25 | -4.4% | 19.0% | ||
| Q4 24 | -12.1% | 19.6% | ||
| Q3 24 | -7.8% | 20.8% | ||
| Q2 24 | -13.4% | 15.9% | ||
| Q1 24 | -12.6% | 15.4% |
每股收益（稀释后）COURTGLS
| Q4 25 | $-0.16 | $0.57 | ||
| Q3 25 | $-0.05 | $1.01 | ||
| Q2 25 | $-0.05 | $0.94 | ||
| Q1 25 | $-0.05 | $0.90 | ||
| Q4 24 | $-0.13 | $1.00 | ||
| Q3 24 | $-0.09 | $1.05 | ||
| Q2 24 | $-0.15 | $0.75 | ||
| Q1 24 | $-0.14 | $0.63 |
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 | $792.6M | $104.1M |
| 总债务越低越好 | — | $174.4M |
| 股东权益账面价值 | $635.7M | $713.1M |
| 总资产 | $1.0B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资COURTGLS
| Q4 25 | $792.6M | $104.1M | ||
| Q3 25 | $797.7M | $127.1M | ||
| Q2 25 | $775.1M | $140.9M | ||
| Q1 25 | $748.0M | $160.2M | ||
| Q4 24 | $726.1M | $137.5M | ||
| Q3 24 | $719.4M | $124.8M | ||
| Q2 24 | $708.8M | $129.5M | ||
| Q1 24 | $725.4M | $138.8M |
总债务COURTGLS
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | — | $160.9M |
股东权益COURTGLS
| Q4 25 | $635.7M | $713.1M | ||
| Q3 25 | $639.5M | $764.0M | ||
| Q2 25 | $627.0M | $736.0M | ||
| Q1 25 | $610.5M | $685.1M | ||
| Q4 24 | $597.4M | $631.2M | ||
| Q3 24 | $593.3M | $613.3M | ||
| Q2 24 | $585.2M | $574.8M | ||
| Q1 24 | $609.1M | $573.6M |
总资产COURTGLS
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $995.3M | $1.2B | ||
| Q2 25 | $979.9M | $1.2B | ||
| Q1 25 | $951.2M | $1.1B | ||
| Q4 24 | $930.3M | $1.0B | ||
| Q3 24 | $914.1M | $996.3M | ||
| Q2 24 | $904.4M | $942.5M | ||
| Q1 24 | $916.3M | $981.6M |
负债/权益比COURTGLS
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.28× |
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 | $5.8M | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $5.4M | $11.4M |
| 自由现金流率自由现金流/营收 | 2.7% | 4.7% |
| 资本支出强度资本支出/营收 | 0.2% | 8.0% |
| 现金转化率经营现金流/净利润 | — | 1.19× |
| 过去12个月自由现金流最近4个季度 | $107.2M | $34.5M |
8季度趋势，按日历期对齐
经营现金流COURTGLS
| Q4 25 | $5.8M | $31.0M | ||
| Q3 25 | $33.9M | $40.0M | ||
| Q2 25 | $35.5M | $17.9M | ||
| Q1 25 | $33.5M | $46.9M | ||
| Q4 24 | $19.2M | $61.1M | ||
| Q3 24 | $27.9M | $41.5M | ||
| Q2 24 | $23.8M | $34.5M | ||
| Q1 24 | $24.5M | $33.4M |
自由现金流COURTGLS
| Q4 25 | $5.4M | $11.4M | ||
| Q3 25 | $33.7M | $21.2M | ||
| Q2 25 | $35.1M | $-14.7M | ||
| Q1 25 | $33.0M | $16.5M | ||
| Q4 24 | $18.1M | $35.4M | ||
| Q3 24 | $27.7M | $17.8M | ||
| Q2 24 | $23.6M | $14.2M | ||
| Q1 24 | $24.4M | $23.6M |
自由现金流率COURTGLS
| Q4 25 | 2.7% | 4.7% | ||
| Q3 25 | 17.4% | 8.2% | ||
| Q2 25 | 18.8% | -5.7% | ||
| Q1 25 | 18.4% | 7.4% | ||
| Q4 24 | 10.1% | 14.8% | ||
| Q3 24 | 15.7% | 7.5% | ||
| Q2 24 | 13.9% | 6.5% | ||
| Q1 24 | 14.4% | 12.2% |
资本支出强度COURTGLS
| Q4 25 | 0.2% | 8.0% | ||
| Q3 25 | 0.1% | 7.2% | ||
| Q2 25 | 0.2% | 12.7% | ||
| Q1 25 | 0.3% | 13.7% | ||
| Q4 24 | 0.6% | 10.7% | ||
| Q3 24 | 0.1% | 9.9% | ||
| Q2 24 | 0.1% | 9.2% | ||
| Q1 24 | 0.1% | 5.1% |
现金转化率COURTGLS
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.13× |
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
COUR
| Consumer Segment | $131.5M | 67% |
| Enterprise Segment | $65.4M | 33% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
