vs
CrowdStrike（CRWD）与Travel & Leisure Co.（TNL）财务数据对比。点击上方公司名可切换其他公司
CrowdStrike的季度营收约是Travel & Leisure Co.的1.3倍（$1.2B vs $961.0M），Travel & Leisure Co.净利率更高（8.2% vs -2.8%，领先11.0%），CrowdStrike同比增速更快（22.2% vs 2.9%），CrowdStrike自由现金流更多（$314.1M vs $0），过去两年CrowdStrike的营收复合增速更高（20.8% vs -1.2%）
CrowdStrike Holdings, Inc.是总部位于美国得克萨斯州奥斯汀的网络安全科技企业，核心业务涵盖终端安全防护、威胁情报提供与网络攻击响应服务，可为全球各行业客户有效应对各类网络安全风险，保障系统与数据安全。
Travel + Leisure Co.是一家总部位于美国佛罗里达州奥兰多的分时度假企业，旗下运营温德姆俱乐部、温德姆WorldMark、玛格丽塔维尔度假俱乐部、雅高度假俱乐部等多个度假所有权品牌，开发、销售并管理分时度假物业，同时主要通过RCI提供分时度假交换服务，还运营Travel + Leisure GO等旅行俱乐部。
CRWD vs TNL — 直观对比
营收规模更大
CRWD
是对方的1.3倍
$961.0M
营收增速更快
CRWD
高出19.3%
2.9%
净利率更高
TNL
高出11.0%
-2.8%
自由现金流更多
CRWD
多$314.1M
$0
两年增速更快
CRWD
近两年复合增速
-1.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $961.0M |
| 净利润 | $-34.0M | $79.0M |
| 毛利率 | 75.1% | — |
| 营业利润率 | -5.6% | 16.5% |
| 净利率 | -2.8% | 8.2% |
| 营收同比 | 22.2% | 2.9% |
| 净利润同比 | -102.1% | 8.2% |
| 每股收益（稀释后） | $-0.14 | $1.22 |
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CRWDTNL
| Q1 26 | — | $961.0M | ||
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $1.1B | $934.0M | ||
| Q4 24 | $1.0B | $970.0M | ||
| Q3 24 | $963.9M | $993.0M | ||
| Q2 24 | $921.0M | $985.0M |
净利润CRWDTNL
| Q1 26 | — | $79.0M | ||
| Q4 25 | $-34.0M | $-62.0M | ||
| Q3 25 | $-77.7M | $111.0M | ||
| Q2 25 | $-110.2M | $108.0M | ||
| Q1 25 | $-92.3M | $73.0M | ||
| Q4 24 | $-16.8M | $119.0M | ||
| Q3 24 | $47.0M | $97.0M | ||
| Q2 24 | $42.8M | $129.0M |
毛利率CRWDTNL
| Q1 26 | — | — | ||
| Q4 25 | 75.1% | 78.9% | ||
| Q3 25 | 73.5% | 98.8% | ||
| Q2 25 | 73.8% | 97.9% | ||
| Q1 25 | 74.1% | 97.5% | ||
| Q4 24 | 74.7% | 99.0% | ||
| Q3 24 | 75.4% | 97.3% | ||
| Q2 24 | 75.6% | 97.9% |
营业利润率CRWDTNL
| Q1 26 | — | 16.5% | ||
| Q4 25 | -5.6% | -2.2% | ||
| Q3 25 | -9.7% | 20.5% | ||
| Q2 25 | -11.3% | 20.2% | ||
| Q1 25 | -8.1% | 16.7% | ||
| Q4 24 | -5.5% | 21.1% | ||
| Q3 24 | 1.4% | 19.0% | ||
| Q2 24 | 0.8% | 19.2% |
净利率CRWDTNL
| Q1 26 | — | 8.2% | ||
| Q4 25 | -2.8% | -6.0% | ||
| Q3 25 | -6.6% | 10.6% | ||
| Q2 25 | -10.0% | 10.6% | ||
| Q1 25 | -8.7% | 7.8% | ||
| Q4 24 | -1.7% | 12.3% | ||
| Q3 24 | 4.9% | 9.8% | ||
| Q2 24 | 4.6% | 13.1% |
每股收益（稀释后）CRWDTNL
| Q1 26 | — | $1.22 | ||
| Q4 25 | $-0.14 | $-0.92 | ||
| Q3 25 | $-0.31 | $1.67 | ||
| Q2 25 | $-0.44 | $1.62 | ||
| Q1 25 | $-0.37 | $1.07 | ||
| Q4 24 | $-0.07 | $1.70 | ||
| Q3 24 | $0.19 | $1.39 | ||
| Q2 24 | $0.17 | $1.81 |
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 | $4.8B | $254.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.0B | — |
| 总资产 | $10.0B | $6.8B |
| 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CRWDTNL
| Q1 26 | — | $254.0M | ||
| Q4 25 | $4.8B | $271.0M | ||
| Q3 25 | $5.0B | $240.0M | ||
| Q2 25 | $4.6B | $212.0M | ||
| Q1 25 | $4.3B | $188.0M | ||
| Q4 24 | $4.3B | $185.0M | ||
| Q3 24 | $4.0B | $194.0M | ||
| Q2 24 | $3.7B | $166.0M |
总债务CRWDTNL
| Q1 26 | — | — | ||
| Q4 25 | — | $5.6B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.6B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | — | $5.6B |
股东权益CRWDTNL
| Q1 26 | — | — | ||
| Q4 25 | $4.0B | $-981.0M | ||
| Q3 25 | $3.8B | $-821.0M | ||
| Q2 25 | $3.5B | $-852.0M | ||
| Q1 25 | $3.3B | $-903.0M | ||
| Q4 24 | $3.1B | $-881.0M | ||
| Q3 24 | $2.9B | $-862.0M | ||
| Q2 24 | $2.5B | $-885.0M |
总资产CRWDTNL
| Q1 26 | — | $6.8B | ||
| Q4 25 | $10.0B | $6.8B | ||
| Q3 25 | $9.3B | $6.9B | ||
| Q2 25 | $8.7B | $6.8B | ||
| Q1 25 | $8.7B | $6.8B | ||
| Q4 24 | $7.8B | $6.7B | ||
| Q3 24 | $7.2B | $6.7B | ||
| Q2 24 | $6.8B | $6.7B |
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 | $397.5M | $38.0M |
| 自由现金流经营现金流 - 资本支出 | $314.1M | $0 |
| 自由现金流率自由现金流/营收 | 25.5% | 0.0% |
| 资本支出强度资本支出/营收 | 6.8% | — |
| 现金转化率经营现金流/净利润 | — | 0.48× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $423.0M |
8季度趋势，按日历期对齐
经营现金流CRWDTNL
| Q1 26 | — | $38.0M | ||
| Q4 25 | $397.5M | $124.0M | ||
| Q3 25 | $332.8M | $163.0M | ||
| Q2 25 | $384.1M | $232.0M | ||
| Q1 25 | $345.7M | $121.0M | ||
| Q4 24 | $326.1M | $98.0M | ||
| Q3 24 | $326.6M | $145.0M | ||
| Q2 24 | $383.2M | $174.0M |
自由现金流CRWDTNL
| Q1 26 | — | $0 | ||
| Q4 25 | $314.1M | $92.0M | ||
| Q3 25 | $302.3M | $136.0M | ||
| Q2 25 | $298.4M | $195.0M | ||
| Q1 25 | $258.5M | $100.0M | ||
| Q4 24 | $247.4M | $75.0M | ||
| Q3 24 | $287.4M | $125.0M | ||
| Q2 24 | $333.5M | $153.0M |
自由现金流率CRWDTNL
| Q1 26 | — | 0.0% | ||
| Q4 25 | 25.5% | 9.0% | ||
| Q3 25 | 25.9% | 13.0% | ||
| Q2 25 | 27.0% | 19.2% | ||
| Q1 25 | 24.4% | 10.7% | ||
| Q4 24 | 24.5% | 7.7% | ||
| Q3 24 | 29.8% | 12.6% | ||
| Q2 24 | 36.2% | 15.5% |
资本支出强度CRWDTNL
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 3.1% | ||
| Q3 25 | 2.6% | 2.6% | ||
| Q2 25 | 7.8% | 3.6% | ||
| Q1 25 | 8.2% | 2.2% | ||
| Q4 24 | 7.8% | 2.4% | ||
| Q3 24 | 4.1% | 2.0% | ||
| Q2 24 | 5.4% | 2.1% |
现金转化率CRWDTNL
| Q1 26 | — | 0.48× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 2.15× | ||
| Q1 25 | — | 1.66× | ||
| Q4 24 | — | 0.82× | ||
| Q3 24 | 6.95× | 1.49× | ||
| Q2 24 | 8.95× | 1.35× |
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
CRWD
| Subscription And Circulation | $1.2B | 95% |
| Professional Services | $65.5M | 5% |
TNL
| Other | $452.0M | 47% |
| Service and membership fees | $396.0M | 41% |
| Consumer financing | $113.0M | 12% |
