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CoreWeave, Inc.（CRWV）与DYCOM INDUSTRIES INC（DY）财务数据对比。点击上方公司名可切换其他公司
CoreWeave, Inc.的季度营收约是DYCOM INDUSTRIES INC的1.1倍（$1.6B vs $1.5B），DYCOM INDUSTRIES INC净利率更高（7.3% vs -28.7%，领先36.1%），DYCOM INDUSTRIES INC自由现金流更多（$164.8M vs $-2.5B）
CoreWeave是总部位于美国新泽西州利文斯顿的人工智能云计算企业，专注为AI开发者及各行业企业客户提供云侧图形处理器（GPU）算力基础设施，同时自主研发芯片管理相关软件。
本公司是美国基础设施服务供应商，服务覆盖电力、管道、工业、通信四大领域，具备各类网络基础设施的规划、设计、安装、项目管理、运维及抢修能力。成立以来坚持内生增长，同时已收购150多家电力承包行业企业，为众多大型电力领域客户提供专业服务。
CRWV vs DY — 直观对比
营收规模更大
CRWV
是对方的1.1倍
$1.5B
净利率更高
DY
高出36.1%
-28.7%
自由现金流更多
DY
多$2.7B
$-2.5B
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.5B |
| 净利润 | $-451.7M | $106.4M |
| 毛利率 | 67.6% | — |
| 营业利润率 | -5.7% | 9.7% |
| 净利率 | -28.7% | 7.3% |
| 营收同比 | — | 14.1% |
| 净利润同比 | — | 52.4% |
| 每股收益（稀释后） | $-0.50 | $3.63 |
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CRWVDY
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $981.6M | $1.1B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $583.9M | $1.2B | ||
| Q2 24 | $395.4M | $1.1B | ||
| Q1 24 | — | $952.5M |
净利润CRWVDY
| Q4 25 | $-451.7M | $106.4M | ||
| Q3 25 | $-110.1M | $97.5M | ||
| Q2 25 | $-290.5M | $61.0M | ||
| Q1 25 | $-314.6M | $32.7M | ||
| Q4 24 | — | $69.8M | ||
| Q3 24 | $-359.8M | $68.4M | ||
| Q2 24 | $-323.0M | $62.6M | ||
| Q1 24 | — | $23.4M |
毛利率CRWVDY
| Q4 25 | 67.6% | — | ||
| Q3 25 | 73.0% | — | ||
| Q2 25 | 74.2% | — | ||
| Q1 25 | 73.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 75.5% | — | ||
| Q2 24 | 72.5% | — | ||
| Q1 24 | — | — |
营业利润率CRWVDY
| Q4 25 | -5.7% | 9.7% | ||
| Q3 25 | 3.8% | 9.5% | ||
| Q2 25 | 1.6% | 6.2% | ||
| Q1 25 | -2.8% | 4.1% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | 20.1% | 7.9% | ||
| Q2 24 | 19.7% | 6.8% | ||
| Q1 24 | — | 3.3% |
净利率CRWVDY
| Q4 25 | -28.7% | 7.3% | ||
| Q3 25 | -8.1% | 7.1% | ||
| Q2 25 | -24.0% | 4.9% | ||
| Q1 25 | -32.1% | 3.0% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | -61.6% | 5.7% | ||
| Q2 24 | -81.7% | 5.5% | ||
| Q1 24 | — | 2.5% |
每股收益（稀释后）CRWVDY
| Q4 25 | $-0.50 | $3.63 | ||
| Q3 25 | $-0.22 | $3.33 | ||
| Q2 25 | $-0.60 | $2.09 | ||
| Q1 25 | $-1.49 | $1.11 | ||
| Q4 24 | — | $2.37 | ||
| Q3 24 | $-1.82 | $2.32 | ||
| Q2 24 | $-1.62 | $2.12 | ||
| Q1 24 | — | $0.79 |
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 | $3.2B | $110.1M |
| 总债务越低越好 | $21.4B | — |
| 股东权益账面价值 | $3.3B | $1.5B |
| 总资产 | $49.3B | $3.3B |
| 负债/权益比越低杠杆越低 | 6.41× | — |
8季度趋势，按日历期对齐
现金及短期投资CRWVDY
| Q4 25 | $3.2B | $110.1M | ||
| Q3 25 | $1.9B | $28.5M | ||
| Q2 25 | $1.2B | $16.1M | ||
| Q1 25 | $1.3B | $92.7M | ||
| Q4 24 | — | $15.3M | ||
| Q3 24 | $1.4B | $19.6M | ||
| Q2 24 | $1.0B | $26.1M | ||
| Q1 24 | — | $101.1M |
总债务CRWVDY
| Q4 25 | $21.4B | — | ||
| Q3 25 | $14.0B | — | ||
| Q2 25 | $11.1B | — | ||
| Q1 25 | $8.7B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRWVDY
| Q4 25 | $3.3B | $1.5B | ||
| Q3 25 | $3.9B | $1.4B | ||
| Q2 25 | $2.7B | $1.3B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $-344.0M | $1.2B | ||
| Q2 24 | $-1.0B | $1.1B | ||
| Q1 24 | — | $1.1B |
总资产CRWVDY
| Q4 25 | $49.3B | $3.3B | ||
| Q3 25 | $32.9B | $3.2B | ||
| Q2 25 | $26.2B | $3.1B | ||
| Q1 25 | $21.9B | $2.9B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.5B |
负债/权益比CRWVDY
| Q4 25 | 6.41× | — | ||
| Q3 25 | 3.62× | — | ||
| Q2 25 | 4.16× | — | ||
| Q1 25 | 4.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $1.6B | $220.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.5B | $164.8M |
| 自由现金流率自由现金流/营收 | -159.1% | 11.4% |
| 资本支出强度资本支出/营收 | 258.3% | 3.8% |
| 现金转化率经营现金流/净利润 | — | 2.07× |
| 过去12个月自由现金流最近4个季度 | $-7.3B | $296.8M |
8季度趋势，按日历期对齐
经营现金流CRWVDY
| Q4 25 | $1.6B | $220.0M | ||
| Q3 25 | $1.7B | $57.4M | ||
| Q2 25 | $-251.3M | $-54.0M | ||
| Q1 25 | $61.2M | $328.2M | ||
| Q4 24 | — | $65.8M | ||
| Q3 24 | — | $-7.5M | ||
| Q2 24 | — | $-37.4M | ||
| Q1 24 | — | $325.1M |
自由现金流CRWVDY
| Q4 25 | $-2.5B | $164.8M | ||
| Q3 25 | $-699.8M | $5.8M | ||
| Q2 25 | $-2.7B | $-133.5M | ||
| Q1 25 | $-1.3B | $259.7M | ||
| Q4 24 | — | $-8.8M | ||
| Q3 24 | — | $-72.9M | ||
| Q2 24 | — | $-79.4M | ||
| Q1 24 | — | $267.7M |
自由现金流率CRWVDY
| Q4 25 | -159.1% | 11.4% | ||
| Q3 25 | -51.3% | 0.4% | ||
| Q2 25 | -223.0% | -10.6% | ||
| Q1 25 | -137.1% | 23.9% | ||
| Q4 24 | — | -0.7% | ||
| Q3 24 | — | -6.1% | ||
| Q2 24 | — | -6.9% | ||
| Q1 24 | — | 28.1% |
资本支出强度CRWVDY
| Q4 25 | 258.3% | 3.8% | ||
| Q3 25 | 175.1% | 3.8% | ||
| Q2 25 | 202.3% | 6.3% | ||
| Q1 25 | 143.4% | 6.3% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | 6.0% |
现金转化率CRWVDY
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | -0.88× | ||
| Q1 25 | — | 10.05× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | — | -0.11× | ||
| Q2 24 | — | -0.60× | ||
| Q1 24 | — | 13.88× |
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
CRWV
| US | $1.4B | 92% |
| Non Us | $129.3M | 8% |
DY
暂无分部数据
