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Coursera, Inc.（COUR）与Walker & Dunlop, Inc.（WD）财务数据对比。点击上方公司名可切换其他公司
Walker & Dunlop, Inc.的季度营收约是Coursera, Inc.的1.7倍（$340.0M vs $196.9M），Walker & Dunlop, Inc.净利率更高（-12.9% vs -13.6%，领先0.7%），Coursera, Inc.同比增速更快（9.9% vs -0.4%），Coursera, Inc.自由现金流更多（$5.4M vs $-680.1M），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% 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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
COUR vs WD — 直观对比
营收规模更大
WD
是对方的1.7倍
$196.9M
营收增速更快
COUR
高出10.3%
-0.4%
净利率更高
WD
高出0.7%
-13.6%
自由现金流更多
COUR
多$685.5M
$-680.1M
两年增速更快
WD
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $196.9M | $340.0M |
| 净利润 | $-26.8M | $-13.9M |
| 毛利率 | 54.2% | — |
| 营业利润率 | -16.4% | -17.2% |
| 净利率 | -13.6% | -12.9% |
| 营收同比 | 9.9% | -0.4% |
| 净利润同比 | -24.1% | -131.0% |
| 每股收益（稀释后） | $-0.16 | $-0.41 |
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COURWD
| Q4 25 | $196.9M | $340.0M | ||
| Q3 25 | $194.2M | $337.7M | ||
| Q2 25 | $187.1M | $319.2M | ||
| Q1 25 | $179.3M | $237.4M | ||
| Q4 24 | $179.2M | $341.5M | ||
| Q3 24 | $176.1M | $292.3M | ||
| Q2 24 | $170.3M | $270.7M | ||
| Q1 24 | $169.1M | $228.1M |
净利润COURWD
| Q4 25 | $-26.8M | $-13.9M | ||
| Q3 25 | $-8.6M | $33.5M | ||
| Q2 25 | $-7.8M | $34.0M | ||
| Q1 25 | $-7.8M | $2.8M | ||
| Q4 24 | $-21.6M | $44.8M | ||
| Q3 24 | $-13.7M | $28.8M | ||
| Q2 24 | $-22.9M | $22.7M | ||
| Q1 24 | $-21.3M | $11.9M |
毛利率COURWD
| Q4 25 | 54.2% | — | ||
| Q3 25 | 54.6% | — | ||
| Q2 25 | 54.9% | — | ||
| Q1 25 | 54.6% | — | ||
| Q4 24 | 53.3% | — | ||
| Q3 24 | 54.6% | — | ||
| Q2 24 | 53.0% | — | ||
| Q1 24 | 52.9% | — |
营业利润率COURWD
| Q4 25 | -16.4% | -17.2% | ||
| Q3 25 | -8.0% | 13.6% | ||
| Q2 25 | -8.1% | 14.5% | ||
| Q1 25 | -8.0% | 2.2% | ||
| Q4 24 | -17.0% | 15.3% | ||
| Q3 24 | -12.3% | 12.8% | ||
| Q2 24 | -18.3% | 10.4% | ||
| Q1 24 | -17.6% | 6.0% |
净利率COURWD
| Q4 25 | -13.6% | -12.9% | ||
| Q3 25 | -4.4% | 9.9% | ||
| Q2 25 | -4.2% | 10.6% | ||
| Q1 25 | -4.4% | 1.2% | ||
| Q4 24 | -12.1% | 13.1% | ||
| Q3 24 | -7.8% | 9.9% | ||
| Q2 24 | -13.4% | 8.4% | ||
| Q1 24 | -12.6% | 5.2% |
每股收益（稀释后）COURWD
| Q4 25 | $-0.16 | $-0.41 | ||
| Q3 25 | $-0.05 | $0.98 | ||
| Q2 25 | $-0.05 | $0.99 | ||
| Q1 25 | $-0.05 | $0.08 | ||
| Q4 24 | $-0.13 | $1.32 | ||
| Q3 24 | $-0.09 | $0.85 | ||
| Q2 24 | $-0.15 | $0.67 | ||
| Q1 24 | $-0.14 | $0.35 |
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 | $299.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $635.7M | $1.7B |
| 总资产 | $1.0B | $5.1B |
| 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COURWD
| Q4 25 | $792.6M | $299.3M | ||
| Q3 25 | $797.7M | $274.8M | ||
| Q2 25 | $775.1M | $233.7M | ||
| Q1 25 | $748.0M | $181.0M | ||
| Q4 24 | $726.1M | $279.3M | ||
| Q3 24 | $719.4M | $179.8M | ||
| Q2 24 | $708.8M | $208.1M | ||
| Q1 24 | $725.4M | $216.5M |
股东权益COURWD
| Q4 25 | $635.7M | $1.7B | ||
| Q3 25 | $639.5M | $1.8B | ||
| Q2 25 | $627.0M | $1.8B | ||
| Q1 25 | $610.5M | $1.7B | ||
| Q4 24 | $597.4M | $1.7B | ||
| Q3 24 | $593.3M | $1.7B | ||
| Q2 24 | $585.2M | $1.7B | ||
| Q1 24 | $609.1M | $1.7B |
总资产COURWD
| Q4 25 | $1.0B | $5.1B | ||
| Q3 25 | $995.3M | $5.8B | ||
| Q2 25 | $979.9M | $4.7B | ||
| Q1 25 | $951.2M | $4.5B | ||
| Q4 24 | $930.3M | $4.4B | ||
| Q3 24 | $914.1M | $4.6B | ||
| Q2 24 | $904.4M | $4.2B | ||
| Q1 24 | $916.3M | $3.8B |
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 | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | $5.4M | $-680.1M |
| 自由现金流率自由现金流/营收 | 2.7% | -200.0% |
| 资本支出强度资本支出/营收 | 0.2% | 4.6% |
| 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 | $107.2M | $-2.2B |
8季度趋势，按日历期对齐
经营现金流COURWD
| Q4 25 | $5.8M | $-664.3M | ||
| Q3 25 | $33.9M | $-948.1M | ||
| Q2 25 | $35.5M | $-238.5M | ||
| Q1 25 | $33.5M | $-281.1M | ||
| Q4 24 | $19.2M | $129.4M | ||
| Q3 24 | $27.9M | $-202.0M | ||
| Q2 24 | $23.8M | $-237.8M | ||
| Q1 24 | $24.5M | $38.4M |
自由现金流COURWD
| Q4 25 | $5.4M | $-680.1M | ||
| Q3 25 | $33.7M | $-950.4M | ||
| Q2 25 | $35.1M | $-241.0M | ||
| Q1 25 | $33.0M | $-284.7M | ||
| Q4 24 | $18.1M | $116.4M | ||
| Q3 24 | $27.7M | $-204.0M | ||
| Q2 24 | $23.6M | $-241.7M | ||
| Q1 24 | $24.4M | $35.2M |
自由现金流率COURWD
| Q4 25 | 2.7% | -200.0% | ||
| Q3 25 | 17.4% | -281.5% | ||
| Q2 25 | 18.8% | -75.5% | ||
| Q1 25 | 18.4% | -120.0% | ||
| Q4 24 | 10.1% | 34.1% | ||
| Q3 24 | 15.7% | -69.8% | ||
| Q2 24 | 13.9% | -89.3% | ||
| Q1 24 | 14.4% | 15.4% |
资本支出强度COURWD
| Q4 25 | 0.2% | 4.6% | ||
| Q3 25 | 0.1% | 0.7% | ||
| Q2 25 | 0.2% | 0.8% | ||
| Q1 25 | 0.3% | 1.5% | ||
| Q4 24 | 0.6% | 3.8% | ||
| Q3 24 | 0.1% | 0.7% | ||
| Q2 24 | 0.1% | 1.4% | ||
| Q1 24 | 0.1% | 1.4% |
现金转化率COURWD
| Q4 25 | — | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | — | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | — | 3.24× |
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% |
WD
暂无分部数据
