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CREATIVE REALITIES, INC.（CREX）与帕森斯公司（PSN）财务数据对比。点击上方公司名可切换其他公司
帕森斯公司的季度营收约是CREATIVE REALITIES, INC.的67.0倍（$1.6B vs $23.9M）。帕森斯公司净利率更高（3.5% vs -8.2%，领先11.7%）。CREATIVE REALITIES, INC.同比增速更快（117.2% vs -7.5%）。帕森斯公司自由现金流更多（$135.6M vs $-4.6M）。过去两年CREATIVE REALITIES, INC.的营收复合增速更高（39.5% vs 2.2%）
Creative Realities, Inc.是一家端到端沉浸式数字体验解决方案提供商，主营互动数字标牌、内容管理软件及定制体验设计服务，主要面向北美零售、酒店、医疗、企业办公及公共领域客户，助力品牌提升客户参与度与运营效率。
帕森斯公司是一家总部位于美国弗吉尼亚州尚蒂利的跨国企业，1944年成立，核心业务覆盖国防、情报、基础设施工程领域，深耕技术研发，在全球30多个国家为政府及私营部门客户提供专业解决方案。
CREX vs PSN — 直观对比
营收规模更大
PSN
是对方的67.0倍
$23.9M
营收增速更快
CREX
高出124.8%
-7.5%
净利率更高
PSN
高出11.7%
-8.2%
自由现金流更多
PSN
多$140.1M
$-4.6M
两年增速更快
CREX
近两年复合增速
2.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $23.9M | $1.6B |
| 净利润 | $-2.0M | $55.6M |
| 毛利率 | 47.9% | 23.0% |
| 营业利润率 | 1.9% | 6.6% |
| 净利率 | -8.2% | 3.5% |
| 营收同比 | 117.2% | -7.5% |
| 净利润同比 | 30.8% | -72.4% |
| 每股收益（稀释后） | — | $0.51 |
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CREXPSN
| Q4 25 | $23.9M | $1.6B | ||
| Q3 25 | $10.5M | $1.6B | ||
| Q2 25 | $13.0M | $1.6B | ||
| Q1 25 | $9.7M | $1.6B | ||
| Q4 24 | $11.0M | $1.7B | ||
| Q3 24 | $14.4M | $1.8B | ||
| Q2 24 | $13.1M | $1.7B | ||
| Q1 24 | $12.3M | $1.5B |
净利润CREXPSN
| Q4 25 | $-2.0M | $55.6M | ||
| Q3 25 | $-7.9M | $64.1M | ||
| Q2 25 | $-1.8M | $55.2M | ||
| Q1 25 | $3.4M | $66.2M | ||
| Q4 24 | $-2.8M | $201.3M | ||
| Q3 24 | $54.0K | $72.0M | ||
| Q2 24 | $-615.0K | $69.2M | ||
| Q1 24 | $-109.0K | $-107.4M |
毛利率CREXPSN
| Q4 25 | 47.9% | 23.0% | ||
| Q3 25 | 45.3% | 22.2% | ||
| Q2 25 | 38.5% | 22.0% | ||
| Q1 25 | 45.7% | 22.8% | ||
| Q4 24 | 44.2% | 21.3% | ||
| Q3 24 | 45.6% | 19.9% | ||
| Q2 24 | 51.8% | 21.0% | ||
| Q1 24 | 46.9% | 21.2% |
营业利润率CREXPSN
| Q4 25 | 1.9% | 6.6% | ||
| Q3 25 | -68.9% | 6.7% | ||
| Q2 25 | -10.2% | 6.0% | ||
| Q1 25 | -7.4% | 7.0% | ||
| Q4 24 | -6.5% | 5.8% | ||
| Q3 24 | 7.9% | 6.4% | ||
| Q2 24 | 4.5% | 6.7% | ||
| Q1 24 | -0.6% | 6.6% |
净利率CREXPSN
| Q4 25 | -8.2% | 3.5% | ||
| Q3 25 | -74.5% | 4.0% | ||
| Q2 25 | -13.9% | 3.5% | ||
| Q1 25 | 34.6% | 4.3% | ||
| Q4 24 | -25.8% | 11.6% | ||
| Q3 24 | 0.4% | 4.0% | ||
| Q2 24 | -4.7% | 4.1% | ||
| Q1 24 | -0.9% | -7.0% |
每股收益（稀释后）CREXPSN
| Q4 25 | — | $0.51 | ||
| Q3 25 | $-0.75 | $0.59 | ||
| Q2 25 | $-0.17 | $0.50 | ||
| Q1 25 | $0.32 | $0.60 | ||
| Q4 24 | $-0.28 | $1.85 | ||
| Q3 24 | $0.01 | $0.65 | ||
| Q2 24 | $-0.06 | $0.63 | ||
| Q1 24 | $-0.01 | $-1.01 |
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 | $1.6M | $466.4M |
| 总债务越低越好 | $44.0M | $1.2B |
| 股东权益账面价值 | $21.5M | $2.6B |
| 总资产 | $151.0M | $5.8B |
| 负债/权益比越低杠杆越低 | 2.04× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资CREXPSN
| Q4 25 | $1.6M | $466.4M | ||
| Q3 25 | $314.0K | $422.6M | ||
| Q2 25 | $569.0K | $411.3M | ||
| Q1 25 | $1.1M | $269.7M | ||
| Q4 24 | $1.0M | $453.5M | ||
| Q3 24 | $868.0K | $558.8M | ||
| Q2 24 | $4.1M | $528.5M | ||
| Q1 24 | $2.9M | $423.1M |
总债务CREXPSN
| Q4 25 | $44.0M | $1.2B | ||
| Q3 25 | $22.0M | $1.2B | ||
| Q2 25 | $19.9M | $1.2B | ||
| Q1 25 | $23.0M | $785.2M | ||
| Q4 24 | $13.0M | $784.1M | ||
| Q3 24 | $10.7M | $1.1B | ||
| Q2 24 | $13.6M | $1.2B | ||
| Q1 24 | $12.8M | $1.2B |
股东权益CREXPSN
| Q4 25 | $21.5M | $2.6B | ||
| Q3 25 | $21.9M | $2.6B | ||
| Q2 25 | $29.4M | $2.5B | ||
| Q1 25 | $29.9M | $2.5B | ||
| Q4 24 | $25.5M | $2.4B | ||
| Q3 24 | $28.3M | $2.3B | ||
| Q2 24 | $28.2M | $2.2B | ||
| Q1 24 | $28.8M | $2.1B |
总资产CREXPSN
| Q4 25 | $151.0M | $5.8B | ||
| Q3 25 | $61.3M | $5.7B | ||
| Q2 25 | $63.7M | $5.7B | ||
| Q1 25 | $67.0M | $5.4B | ||
| Q4 24 | $65.2M | $5.5B | ||
| Q3 24 | $67.6M | $5.4B | ||
| Q2 24 | $69.6M | $5.2B | ||
| Q1 24 | $68.2M | $5.1B |
负债/权益比CREXPSN
| Q4 25 | 2.04× | 0.47× | ||
| Q3 25 | 1.00× | 0.48× | ||
| Q2 25 | 0.68× | 0.49× | ||
| Q1 25 | 0.77× | 0.32× | ||
| Q4 24 | 0.51× | 0.32× | ||
| Q3 24 | 0.38× | 0.49× | ||
| Q2 24 | 0.48× | 0.56× | ||
| Q1 24 | 0.44× | 0.58× |
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 | $-4.5M | $167.5M |
| 自由现金流经营现金流 - 资本支出 | $-4.6M | $135.6M |
| 自由现金流率自由现金流/营收 | -19.1% | 8.5% |
| 资本支出强度资本支出/营收 | 0.4% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 3.01× |
| 过去12个月自由现金流最近4个季度 | $-8.1M | $410.4M |
8季度趋势，按日历期对齐
经营现金流CREXPSN
| Q4 25 | $-4.5M | $167.5M | ||
| Q3 25 | $-1.6M | $162.8M | ||
| Q2 25 | $773.0K | $159.8M | ||
| Q1 25 | $-2.4M | $-11.8M | ||
| Q4 24 | $-1.4M | $126.8M | ||
| Q3 24 | $544.0K | $299.0M | ||
| Q2 24 | $2.3M | $161.2M | ||
| Q1 24 | $1.9M | $-63.4M |
自由现金流CREXPSN
| Q4 25 | $-4.6M | $135.6M | ||
| Q3 25 | $-1.7M | $149.7M | ||
| Q2 25 | $672.0K | $150.4M | ||
| Q1 25 | $-2.5M | $-25.3M | ||
| Q4 24 | $-1.4M | $108.0M | ||
| Q3 24 | $543.0K | $287.3M | ||
| Q2 24 | $2.3M | $152.0M | ||
| Q1 24 | $1.9M | $-72.9M |
自由现金流率CREXPSN
| Q4 25 | -19.1% | 8.5% | ||
| Q3 25 | -16.2% | 9.2% | ||
| Q2 25 | 5.2% | 9.5% | ||
| Q1 25 | -25.2% | -1.6% | ||
| Q4 24 | -12.5% | 6.2% | ||
| Q3 24 | 3.8% | 15.9% | ||
| Q2 24 | 17.3% | 9.1% | ||
| Q1 24 | 15.7% | -4.7% |
资本支出强度CREXPSN
| Q4 25 | 0.4% | 2.0% | ||
| Q3 25 | 1.0% | 0.8% | ||
| Q2 25 | 0.8% | 0.6% | ||
| Q1 25 | 0.1% | 0.9% | ||
| Q4 24 | 0.0% | 1.1% | ||
| Q3 24 | 0.0% | 0.6% | ||
| Q2 24 | 0.0% | 0.6% | ||
| Q1 24 | 0.0% | 0.6% |
现金转化率CREXPSN
| Q4 25 | — | 3.01× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | 2.89× | ||
| Q1 25 | -0.73× | -0.18× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | 10.07× | 4.16× | ||
| Q2 24 | — | 2.33× | ||
| Q1 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
CREX
| Service And Other | $17.3M | 72% |
| Managed Services | $4.7M | 20% |
| Installation Services | $1.7M | 7% |
PSN
| Unconsolidated Joint Ventures | $582.1M | 36% |
| Defense And Intelligence | $502.8M | 31% |
| Engineered Systems | $281.4M | 18% |
| Consolidated Joint Ventures | $216.7M | 14% |
| TRS Group Inc | $9.4M | 1% |
