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Cricut, Inc.（CRCT）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是Cricut, Inc.的1.8倍（$362.7M vs $203.6M），Cricut, Inc.净利率更高（3.8% vs -10.7%，领先14.5%），过去两年世纪互联的营收复合增速更高（17.4% vs 10.3%）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
CRCT vs VNET — 直观对比
营收规模更大
VNET
是对方的1.8倍
$203.6M
净利率更高
CRCT
高出14.5%
-10.7%
两年增速更快
VNET
近两年复合增速
10.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $203.6M | $362.7M |
| 净利润 | $7.8M | $-38.7M |
| 毛利率 | 47.4% | 20.9% |
| 营业利润率 | 6.8% | 0.5% |
| 净利率 | 3.8% | -10.7% |
| 营收同比 | -2.7% | — |
| 净利润同比 | -34.7% | — |
| 每股收益（稀释后） | $0.03 | — |
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CRCTVNET
| Q4 25 | $203.6M | — | ||
| Q3 25 | $170.4M | $362.7M | ||
| Q2 25 | $172.1M | — | ||
| Q1 25 | $162.6M | $309.5M | ||
| Q4 24 | $209.3M | — | ||
| Q3 24 | $167.9M | $302.2M | ||
| Q2 24 | $167.9M | $274.4M | ||
| Q1 24 | $167.4M | $262.9M |
净利润CRCTVNET
| Q4 25 | $7.8M | — | ||
| Q3 25 | $20.5M | $-38.7M | ||
| Q2 25 | $24.5M | — | ||
| Q1 25 | $23.9M | $-2.4M | ||
| Q4 24 | $11.9M | — | ||
| Q3 24 | $11.5M | $-2.1M | ||
| Q2 24 | $19.8M | $-1.1M | ||
| Q1 24 | $19.6M | $-22.0M |
毛利率CRCTVNET
| Q4 25 | 47.4% | — | ||
| Q3 25 | 55.2% | 20.9% | ||
| Q2 25 | 59.0% | — | ||
| Q1 25 | 60.5% | 25.2% | ||
| Q4 24 | 44.9% | — | ||
| Q3 24 | 46.1% | 23.2% | ||
| Q2 24 | 53.5% | 21.3% | ||
| Q1 24 | 54.7% | 21.6% |
营业利润率CRCTVNET
| Q4 25 | 6.8% | — | ||
| Q3 25 | 13.3% | 0.5% | ||
| Q2 25 | 17.5% | — | ||
| Q1 25 | 18.0% | 0.1% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 6.3% | 24.5% | ||
| Q2 24 | 15.7% | 0.2% | ||
| Q1 24 | 15.1% | 0.2% |
净利率CRCTVNET
| Q4 25 | 3.8% | — | ||
| Q3 25 | 12.0% | -10.7% | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 14.7% | -0.8% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 6.8% | -0.7% | ||
| Q2 24 | 11.8% | -0.4% | ||
| Q1 24 | 11.7% | -8.4% |
每股收益（稀释后）CRCTVNET
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.10 | — | ||
| Q2 25 | $0.11 | — | ||
| Q1 25 | $0.11 | — | ||
| Q4 24 | $0.06 | — | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $0.09 | — | ||
| Q1 24 | $0.09 | — |
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 | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $343.6M | $890.8M |
| 总资产 | $580.8M | $6.1B |
| 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CRCTVNET
| Q4 25 | $275.6M | — | ||
| Q3 25 | $207.1M | $492.1M | ||
| Q2 25 | $376.9M | — | ||
| Q1 25 | $356.7M | $544.3M | ||
| Q4 24 | $336.9M | — | ||
| Q3 24 | $246.9M | $219.5M | ||
| Q2 24 | $299.5M | $247.2M | ||
| Q1 24 | $281.7M | $246.9M |
总债务CRCTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRCTVNET
| Q4 25 | $343.6M | — | ||
| Q3 25 | $358.4M | $890.8M | ||
| Q2 25 | $308.9M | — | ||
| Q1 25 | $490.2M | $927.8M | ||
| Q4 24 | $466.8M | — | ||
| Q3 24 | $475.8M | $902.9M | ||
| Q2 24 | $448.5M | $900.6M | ||
| Q1 24 | $552.6M | $895.1M |
总资产CRCTVNET
| Q4 25 | $580.8M | — | ||
| Q3 25 | $564.3M | $6.1B | ||
| Q2 25 | $721.5M | — | ||
| Q1 25 | $681.7M | $5.4B | ||
| Q4 24 | $693.0M | — | ||
| Q3 24 | $663.8M | $4.3B | ||
| Q2 24 | $742.1M | $4.0B | ||
| Q1 24 | $723.7M | $3.9B |
负债/权益比CRCTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 现金转化率经营现金流/净利润 | 10.58× | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CRCTVNET
| Q4 25 | $82.4M | — | ||
| Q3 25 | $20.5M | $113.8M | ||
| Q2 25 | $36.2M | — | ||
| Q1 25 | $61.2M | $27.0M | ||
| Q4 24 | $103.1M | — | ||
| Q3 24 | $70.2M | $108.3M | ||
| Q2 24 | $35.0M | $55.8M | ||
| Q1 24 | $56.7M | $37.1M |
自由现金流CRCTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M |
自由现金流率CRCTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% |
资本支出强度CRCTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% |
现金转化率CRCTVNET
| Q4 25 | 10.58× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 2.56× | — | ||
| Q4 24 | 8.64× | — | ||
| Q3 24 | 6.11× | — | ||
| Q2 24 | 1.77× | — | ||
| Q1 24 | 2.89× | — |
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% |
VNET
暂无分部数据
