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美商海盗船（CRSR）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是美商海盗船的1.9倍（$828.2M vs $436.9M），Rithm Capital Corp.净利率更高（13.2% vs 5.9%，领先7.3%），Rithm Capital Corp.同比增速更快（508.5% vs 5.6%），过去两年美商海盗船的营收复合增速更高（13.8% vs -17.9%）
美商海盗船是源自美国的电脑外设与电竞硬件品牌，总部位于加利福尼亚州米尔皮塔斯。公司创立于1994年，原名海盗船微系统，后更名为海盗船组件、海盗船内存，2007年重新在特拉华州注册。主打产品涵盖高速内存模块、电源、闪存、CPU显卡与机箱散热、电竞外设、电脑机箱等各类电脑相关产品。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
CRSR vs RITM — 直观对比
营收规模更大
RITM
是对方的1.9倍
$436.9M
营收增速更快
RITM
高出502.9%
5.6%
净利率更高
RITM
高出7.3%
5.9%
两年增速更快
CRSR
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $436.9M | $828.2M |
| 净利润 | $25.8M | $109.5M |
| 毛利率 | 33.1% | — |
| 营业利润率 | 6.2% | 29.9% |
| 净利率 | 5.9% | 13.2% |
| 营收同比 | 5.6% | 508.5% |
| 净利润同比 | 1028.2% | 27.7% |
| 每股收益（稀释后） | $0.23 | $0.12 |
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CRSRRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $436.9M | $1.5B | ||
| Q3 25 | $345.8M | $1.1B | ||
| Q2 25 | $320.1M | $1.2B | ||
| Q1 25 | $369.8M | $768.4M | ||
| Q4 24 | $413.6M | $2.1B | ||
| Q3 24 | $304.2M | $619.5M | ||
| Q2 24 | $261.3M | $1.2B |
净利润CRSRRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $25.8M | $85.0M | ||
| Q3 25 | $-10.6M | $221.5M | ||
| Q2 25 | $-20.9M | $311.7M | ||
| Q1 25 | $-10.5M | $78.8M | ||
| Q4 24 | $2.3M | $290.2M | ||
| Q3 24 | $-51.7M | $121.7M | ||
| Q2 24 | $-24.2M | $235.6M |
毛利率CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | 33.1% | — | ||
| Q3 25 | 26.9% | — | ||
| Q2 25 | 26.8% | — | ||
| Q1 25 | 27.7% | — | ||
| Q4 24 | 26.2% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 24.1% | — |
营业利润率CRSRRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | 6.2% | 13.8% | ||
| Q3 25 | -1.6% | 21.4% | ||
| Q2 25 | -5.3% | 25.2% | ||
| Q1 25 | -0.6% | 7.4% | ||
| Q4 24 | 1.4% | 23.8% | ||
| Q3 24 | -6.9% | 7.3% | ||
| Q2 24 | -9.5% | 23.6% |
净利率CRSRRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 5.9% | 5.7% | ||
| Q3 25 | -3.1% | 20.0% | ||
| Q2 25 | -6.5% | 25.6% | ||
| Q1 25 | -2.8% | 10.3% | ||
| Q4 24 | 0.6% | 14.0% | ||
| Q3 24 | -17.0% | 19.7% | ||
| Q2 24 | -9.3% | 19.2% |
每股收益（稀释后）CRSRRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.23 | $0.09 | ||
| Q3 25 | $-0.09 | $0.35 | ||
| Q2 25 | $-0.16 | $0.53 | ||
| Q1 25 | $-0.10 | $0.07 | ||
| Q4 24 | $0.01 | $0.50 | ||
| Q3 24 | $-0.56 | $0.20 | ||
| Q2 24 | $-0.28 | $0.43 |
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 | — | — |
| 总债务越低越好 | $121.3M | — |
| 股东权益账面价值 | $633.6M | $9.1B |
| 总资产 | $1.3B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.2B |
总债务CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | $121.3M | $35.4B | ||
| Q3 25 | $122.9M | $32.2B | ||
| Q2 25 | $124.4M | $31.2B | ||
| Q1 25 | $148.7M | $32.2B | ||
| Q4 24 | $173.5M | $32.6B | ||
| Q3 24 | $177.2M | $29.6B | ||
| Q2 24 | $180.3M | $30.1B |
股东权益CRSRRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $633.6M | $8.4B | ||
| Q3 25 | $600.2M | $8.5B | ||
| Q2 25 | $603.9M | $7.9B | ||
| Q1 25 | $608.8M | $7.8B | ||
| Q4 24 | $604.3M | $7.8B | ||
| Q3 24 | $598.5M | $7.7B | ||
| Q2 24 | $642.7M | $7.3B |
总资产CRSRRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $1.3B | $53.1B | ||
| Q3 25 | $1.2B | $47.2B | ||
| Q2 25 | $1.2B | $44.3B | ||
| Q1 25 | $1.2B | $45.3B | ||
| Q4 24 | $1.2B | $46.0B | ||
| Q3 24 | $1.2B | $42.3B | ||
| Q2 24 | $1.2B | $42.0B |
负债/权益比CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | 4.20× | ||
| Q3 25 | 0.20× | 3.79× | ||
| Q2 25 | 0.21× | 3.92× | ||
| Q1 25 | 0.24× | 4.14× | ||
| Q4 24 | 0.29× | 4.18× | ||
| Q3 24 | 0.30× | 3.87× | ||
| Q2 24 | 0.28× | 4.10× |
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 | $38.2M | — |
| 自由现金流经营现金流 - 资本支出 | $32.9M | — |
| 自由现金流率自由现金流/营收 | 7.5% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 1.48× | — |
| 过去12个月自由现金流最近4个季度 | $34.7M | — |
8季度趋势，按日历期对齐
经营现金流CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | $38.2M | $-114.6M | ||
| Q3 25 | $-37.0M | $-2.0B | ||
| Q2 25 | $30.2M | $-557.1M | ||
| Q1 25 | $18.8M | $1.4B | ||
| Q4 24 | $55.6M | $-1.8B | ||
| Q3 24 | $25.1M | $768.1M | ||
| Q2 24 | $-18.5M | $-55.7M |
自由现金流CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | $32.9M | — | ||
| Q3 25 | $-41.3M | — | ||
| Q2 25 | $27.5M | — | ||
| Q1 25 | $15.7M | — | ||
| Q4 24 | $54.1M | — | ||
| Q3 24 | $21.8M | — | ||
| Q2 24 | $-21.0M | — |
自由现金流率CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | — | ||
| Q3 25 | -12.0% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | -8.0% | — |
资本支出强度CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.0% | — |
现金转化率CRSRRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | -1.35× | ||
| Q3 25 | — | -9.22× | ||
| Q2 25 | — | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | 24.30× | -6.04× | ||
| Q3 24 | — | 6.31× | ||
| Q2 24 | — | -0.24× |
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
CRSR
| Gamer And Creator Peripherals | $164.9M | 38% |
| Memory Products | $156.1M | 36% |
| Inventory Costs | $85.6M | 20% |
| Other Segment Items | $16.9M | 4% |
| Other | $13.3M | 3% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
