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CrowdStrike（CRWD）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
Toast, Inc.的季度营收约是CrowdStrike的1.3倍（$1.6B vs $1.2B），Toast, Inc.净利率更高（6.2% vs -2.8%，领先8.9%），CrowdStrike同比增速更快（22.2% vs 22.0%），CrowdStrike自由现金流更多（$314.1M vs $178.0M），过去两年Toast, Inc.的营收复合增速更高（23.3% vs 20.8%）
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。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
CRWD vs TOST — 直观对比
营收规模更大
TOST
是对方的1.3倍
$1.2B
营收增速更快
CRWD
高出0.1%
22.0%
净利率更高
TOST
高出8.9%
-2.8%
自由现金流更多
CRWD
多$136.1M
$178.0M
两年增速更快
TOST
近两年复合增速
20.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.6B |
| 净利润 | $-34.0M | $101.0M |
| 毛利率 | 75.1% | 25.9% |
| 营业利润率 | -5.6% | 5.2% |
| 净利率 | -2.8% | 6.2% |
| 营收同比 | 22.2% | 22.0% |
| 净利润同比 | -102.1% | 215.6% |
| 每股收益（稀释后） | $-0.14 | $0.18 |
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CRWDTOST
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $963.9M | $1.3B | ||
| Q2 24 | $921.0M | $1.2B | ||
| Q1 24 | $845.3M | $1.1B |
净利润CRWDTOST
| Q4 25 | $-34.0M | $101.0M | ||
| Q3 25 | $-77.7M | $105.0M | ||
| Q2 25 | $-110.2M | $80.0M | ||
| Q1 25 | $-92.3M | $56.0M | ||
| Q4 24 | $-16.8M | $32.0M | ||
| Q3 24 | $47.0M | $56.0M | ||
| Q2 24 | $42.8M | $14.0M | ||
| Q1 24 | $53.7M | $-83.0M |
毛利率CRWDTOST
| Q4 25 | 75.1% | 25.9% | ||
| Q3 25 | 73.5% | 26.5% | ||
| Q2 25 | 73.8% | 25.3% | ||
| Q1 25 | 74.1% | 25.9% | ||
| Q4 24 | 74.7% | 24.9% | ||
| Q3 24 | 75.4% | 24.7% | ||
| Q2 24 | 75.6% | 23.0% | ||
| Q1 24 | 75.3% | 23.2% |
营业利润率CRWDTOST
| Q4 25 | -5.6% | 5.2% | ||
| Q3 25 | -9.7% | 5.1% | ||
| Q2 25 | -11.3% | 5.2% | ||
| Q1 25 | -8.1% | 3.2% | ||
| Q4 24 | -5.5% | 2.5% | ||
| Q3 24 | 1.4% | 2.6% | ||
| Q2 24 | 0.8% | 0.4% | ||
| Q1 24 | 3.5% | -5.2% |
净利率CRWDTOST
| Q4 25 | -2.8% | 6.2% | ||
| Q3 25 | -6.6% | 6.4% | ||
| Q2 25 | -10.0% | 5.2% | ||
| Q1 25 | -8.7% | 4.2% | ||
| Q4 24 | -1.7% | 2.4% | ||
| Q3 24 | 4.9% | 4.3% | ||
| Q2 24 | 4.6% | 1.1% | ||
| Q1 24 | 6.4% | -7.7% |
每股收益（稀释后）CRWDTOST
| Q4 25 | $-0.14 | $0.18 | ||
| Q3 25 | $-0.31 | $0.16 | ||
| Q2 25 | $-0.44 | $0.13 | ||
| Q1 25 | $-0.37 | $0.09 | ||
| Q4 24 | $-0.07 | $0.09 | ||
| Q3 24 | $0.19 | $0.07 | ||
| Q2 24 | $0.17 | $0.02 | ||
| Q1 24 | $0.23 | $-0.15 |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.0B | $2.1B |
| 总资产 | $10.0B | $3.1B |
| 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CRWDTOST
| Q4 25 | $4.8B | $1.4B | ||
| Q3 25 | $5.0B | $1.4B | ||
| Q2 25 | $4.6B | $1.2B | ||
| Q1 25 | $4.3B | $1.0B | ||
| Q4 24 | $4.3B | $903.0M | ||
| Q3 24 | $4.0B | $761.0M | ||
| Q2 24 | $3.7B | $691.0M | ||
| Q1 24 | $3.5B | $578.0M |
股东权益CRWDTOST
| Q4 25 | $4.0B | $2.1B | ||
| Q3 25 | $3.8B | $2.0B | ||
| Q2 25 | $3.5B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.1B | $1.5B | ||
| Q3 24 | $2.9B | $1.4B | ||
| Q2 24 | $2.5B | $1.3B | ||
| Q1 24 | $2.3B | $1.2B |
总资产CRWDTOST
| Q4 25 | $10.0B | $3.1B | ||
| Q3 25 | $9.3B | $3.0B | ||
| Q2 25 | $8.7B | $2.8B | ||
| Q1 25 | $8.7B | $2.6B | ||
| Q4 24 | $7.8B | $2.4B | ||
| Q3 24 | $7.2B | $2.2B | ||
| Q2 24 | $6.8B | $2.2B | ||
| Q1 24 | $6.6B | $2.1B |
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 | $194.0M |
| 自由现金流经营现金流 - 资本支出 | $314.1M | $178.0M |
| 自由现金流率自由现金流/营收 | 25.5% | 10.9% |
| 资本支出强度资本支出/营收 | 6.8% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.92× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $608.0M |
8季度趋势，按日历期对齐
经营现金流CRWDTOST
| Q4 25 | $397.5M | $194.0M | ||
| Q3 25 | $332.8M | $165.0M | ||
| Q2 25 | $384.1M | $223.0M | ||
| Q1 25 | $345.7M | $79.0M | ||
| Q4 24 | $326.1M | $147.0M | ||
| Q3 24 | $326.6M | $109.0M | ||
| Q2 24 | $383.2M | $124.0M | ||
| Q1 24 | $347.0M | $-20.0M |
自由现金流CRWDTOST
| Q4 25 | $314.1M | $178.0M | ||
| Q3 25 | $302.3M | $153.0M | ||
| Q2 25 | $298.4M | $208.0M | ||
| Q1 25 | $258.5M | $69.0M | ||
| Q4 24 | $247.4M | $134.0M | ||
| Q3 24 | $287.4M | $97.0M | ||
| Q2 24 | $333.5M | $108.0M | ||
| Q1 24 | $294.4M | $-33.0M |
自由现金流率CRWDTOST
| Q4 25 | 25.5% | 10.9% | ||
| Q3 25 | 25.9% | 9.4% | ||
| Q2 25 | 27.0% | 13.4% | ||
| Q1 25 | 24.4% | 5.2% | ||
| Q4 24 | 24.5% | 10.0% | ||
| Q3 24 | 29.8% | 7.4% | ||
| Q2 24 | 36.2% | 8.7% | ||
| Q1 24 | 34.8% | -3.1% |
资本支出强度CRWDTOST
| Q4 25 | 6.8% | 1.0% | ||
| Q3 25 | 2.6% | 0.7% | ||
| Q2 25 | 7.8% | 1.0% | ||
| Q1 25 | 8.2% | 0.7% | ||
| Q4 24 | 7.8% | 1.0% | ||
| Q3 24 | 4.1% | 0.9% | ||
| Q2 24 | 5.4% | 1.3% | ||
| Q1 24 | 6.2% | 1.2% |
现金转化率CRWDTOST
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | — | 1.41× | ||
| Q4 24 | — | 4.59× | ||
| Q3 24 | 6.95× | 1.95× | ||
| Q2 24 | 8.95× | 8.86× | ||
| Q1 24 | 6.46× | — |
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% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
