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Cricut, Inc.（CRCT）与VEECO INSTRUMENTS INC（VECO）财务数据对比。点击上方公司名可切换其他公司
Cricut, Inc.的季度营收约是VEECO INSTRUMENTS INC的1.2倍（$203.6M vs $165.0M）。Cricut, Inc.净利率更高（3.8% vs 0.7%，领先3.2%）。Cricut, Inc.同比增速更快（-2.7% vs -9.4%）。过去两年Cricut, Inc.的营收复合增速更高（10.3% vs -2.8%）
Cricut, Inc.是面向家庭手工爱好者的美国品牌，主营计算机控制的切割机产品。这类设备可切割纸张、毛毡、乙烯基、布料，也可加工皮革、纸板、木材等多种材料，是手工创作场景的实用工具。
维易科仪器公司是全球领先的资本设备供应商，总部位于美国，专注于设计和制造半导体及化合物半导体制造、数据存储、科研领域使用的工艺系统，产品广泛应用于先进封装、光子学、电力电子和显示技术等前沿领域。
CRCT vs VECO — 直观对比
营收规模更大
CRCT
是对方的1.2倍
$165.0M
营收增速更快
CRCT
高出6.7%
-9.4%
净利率更高
CRCT
高出3.2%
0.7%
两年增速更快
CRCT
近两年复合增速
-2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $203.6M | $165.0M |
| 净利润 | $7.8M | $1.1M |
| 毛利率 | 47.4% | 36.7% |
| 营业利润率 | 6.8% | -0.8% |
| 净利率 | 3.8% | 0.7% |
| 营收同比 | -2.7% | -9.4% |
| 净利润同比 | -34.7% | -92.6% |
| 每股收益（稀释后） | $0.03 | $0.02 |
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CRCTVECO
| Q4 25 | $203.6M | $165.0M | ||
| Q3 25 | $170.4M | $165.9M | ||
| Q2 25 | $172.1M | $166.1M | ||
| Q1 25 | $162.6M | $167.3M | ||
| Q4 24 | $209.3M | $182.1M | ||
| Q3 24 | $167.9M | $184.8M | ||
| Q2 24 | $167.9M | $175.9M | ||
| Q1 24 | $167.4M | $174.5M |
净利润CRCTVECO
| Q4 25 | $7.8M | $1.1M | ||
| Q3 25 | $20.5M | $10.6M | ||
| Q2 25 | $24.5M | $11.7M | ||
| Q1 25 | $23.9M | $11.9M | ||
| Q4 24 | $11.9M | $15.0M | ||
| Q3 24 | $11.5M | $22.0M | ||
| Q2 24 | $19.8M | $14.9M | ||
| Q1 24 | $19.6M | $21.9M |
毛利率CRCTVECO
| Q4 25 | 47.4% | 36.7% | ||
| Q3 25 | 55.2% | 40.8% | ||
| Q2 25 | 59.0% | 41.4% | ||
| Q1 25 | 60.5% | 40.9% | ||
| Q4 24 | 44.9% | 40.6% | ||
| Q3 24 | 46.1% | 42.9% | ||
| Q2 24 | 53.5% | 42.9% | ||
| Q1 24 | 54.7% | 43.2% |
营业利润率CRCTVECO
| Q4 25 | 6.8% | -0.8% | ||
| Q3 25 | 13.3% | 6.4% | ||
| Q2 25 | 17.5% | 7.4% | ||
| Q1 25 | 18.0% | 8.5% | ||
| Q4 24 | 6.6% | 2.1% | ||
| Q3 24 | 6.3% | 13.2% | ||
| Q2 24 | 15.7% | 9.5% | ||
| Q1 24 | 15.1% | 12.6% |
净利率CRCTVECO
| Q4 25 | 3.8% | 0.7% | ||
| Q3 25 | 12.0% | 6.4% | ||
| Q2 25 | 14.2% | 7.1% | ||
| Q1 25 | 14.7% | 7.1% | ||
| Q4 24 | 5.7% | 8.2% | ||
| Q3 24 | 6.8% | 11.9% | ||
| Q2 24 | 11.8% | 8.5% | ||
| Q1 24 | 11.7% | 12.5% |
每股收益（稀释后）CRCTVECO
| Q4 25 | $0.03 | $0.02 | ||
| Q3 25 | $0.10 | $0.17 | ||
| Q2 25 | $0.11 | $0.20 | ||
| Q1 25 | $0.11 | $0.20 | ||
| Q4 24 | $0.06 | $0.25 | ||
| Q3 24 | $0.05 | $0.36 | ||
| Q2 24 | $0.09 | $0.25 | ||
| Q1 24 | $0.09 | $0.37 |
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 | $275.6M | $163.5M |
| 总债务越低越好 | — | $226.0M |
| 股东权益账面价值 | $343.6M | $885.5M |
| 总资产 | $580.8M | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资CRCTVECO
| Q4 25 | $275.6M | $163.5M | ||
| Q3 25 | $207.1M | $193.2M | ||
| Q2 25 | $376.9M | $188.9M | ||
| Q1 25 | $356.7M | $174.9M | ||
| Q4 24 | $336.9M | $145.6M | ||
| Q3 24 | $246.9M | $163.2M | ||
| Q2 24 | $299.5M | $174.2M | ||
| Q1 24 | $281.7M | $174.0M |
总债务CRCTVECO
| Q4 25 | — | $226.0M | ||
| Q3 25 | — | $225.7M | ||
| Q2 25 | — | $225.4M | ||
| Q1 25 | — | $250.0M | ||
| Q4 24 | — | $276.2M | ||
| Q3 24 | — | $275.9M | ||
| Q2 24 | — | $275.6M | ||
| Q1 24 | — | $275.2M |
股东权益CRCTVECO
| Q4 25 | $343.6M | $885.5M | ||
| Q3 25 | $358.4M | $876.0M | ||
| Q2 25 | $308.9M | $856.2M | ||
| Q1 25 | $490.2M | $811.9M | ||
| Q4 24 | $466.8M | $770.8M | ||
| Q3 24 | $475.8M | $746.5M | ||
| Q2 24 | $448.5M | $715.0M | ||
| Q1 24 | $552.6M | $687.9M |
总资产CRCTVECO
| Q4 25 | $580.8M | $1.3B | ||
| Q3 25 | $564.3M | $1.3B | ||
| Q2 25 | $721.5M | $1.3B | ||
| Q1 25 | $681.7M | $1.3B | ||
| Q4 24 | $693.0M | $1.3B | ||
| Q3 24 | $663.8M | $1.3B | ||
| Q2 24 | $742.1M | $1.2B | ||
| Q1 24 | $723.7M | $1.2B |
负债/权益比CRCTVECO
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.40× |
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 | $82.4M | $24.9M |
| 自由现金流经营现金流 - 资本支出 | — | $21.7M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | 10.58× | 22.38× |
| 过去12个月自由现金流最近4个季度 | — | $53.3M |
8季度趋势，按日历期对齐
经营现金流CRCTVECO
| Q4 25 | $82.4M | $24.9M | ||
| Q3 25 | $20.5M | $15.5M | ||
| Q2 25 | $36.2M | $9.0M | ||
| Q1 25 | $61.2M | $20.0M | ||
| Q4 24 | $103.1M | $28.4M | ||
| Q3 24 | $70.2M | $17.6M | ||
| Q2 24 | $35.0M | $8.5M | ||
| Q1 24 | $56.7M | $9.4M |
自由现金流CRCTVECO
| Q4 25 | — | $21.7M | ||
| Q3 25 | — | $13.0M | ||
| Q2 25 | — | $5.4M | ||
| Q1 25 | — | $13.2M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | — | $13.6M | ||
| Q2 24 | — | $5.5M | ||
| Q1 24 | — | $3.4M |
自由现金流率CRCTVECO
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 12.7% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 1.9% |
资本支出强度CRCTVECO
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 3.4% |
现金转化率CRCTVECO
| Q4 25 | 10.58× | 22.38× | ||
| Q3 25 | 1.00× | 1.47× | ||
| Q2 25 | 1.48× | 0.77× | ||
| Q1 25 | 2.56× | 1.67× | ||
| Q4 24 | 8.64× | 1.90× | ||
| Q3 24 | 6.11× | 0.80× | ||
| Q2 24 | 1.77× | 0.57× | ||
| Q1 24 | 2.89× | 0.43× |
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
CRCT
| Platform | $83.9M | 41% |
| Connected Machines | $65.2M | 32% |
| Accessories And Materials | $54.4M | 27% |
VECO
| Asia Pacific Excluding China | $89.9M | 54% |
| Other | $44.8M | 27% |
| Compound Semiconductor | $20.1M | 12% |
| Data Storage | $10.2M | 6% |
