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CoreWeave, Inc.（CRWV）与QXO, Inc.（QXO）财务数据对比。点击上方公司名可切换其他公司
QXO, Inc.的季度营收约是CoreWeave, Inc.的1.4倍（$2.2B vs $1.6B），QXO, Inc.净利率更高（-4.1% vs -28.7%，领先24.6%）
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。
QXO Inc.是一家活跃于相关商业领域的企业，由美国资深商界人士布拉德·雅各布斯担任公司董事长兼首席执行官，全面主导公司的战略规划、业务布局与日常经营决策事务。
CRWV vs QXO — 直观对比
营收规模更大
QXO
是对方的1.4倍
$1.6B
净利率更高
QXO
高出24.6%
-28.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.2B |
| 净利润 | $-451.7M | $-90.3M |
| 毛利率 | 67.6% | — |
| 营业利润率 | -5.7% | -3.2% |
| 净利率 | -28.7% | -4.1% |
| 营收同比 | — | 14782.6% |
| 净利润同比 | — | -899.4% |
| 每股收益（稀释后） | $-0.50 | $-0.21 |
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CRWVQXO
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $1.2B | $1.9B | ||
| Q1 25 | $981.6M | — | ||
| Q3 24 | $583.9M | — | ||
| Q2 24 | $395.4M | — |
净利润CRWVQXO
| Q4 25 | $-451.7M | $-90.3M | ||
| Q3 25 | $-110.1M | $-139.4M | ||
| Q2 25 | $-290.5M | $-58.5M | ||
| Q1 25 | $-314.6M | — | ||
| Q3 24 | $-359.8M | — | ||
| Q2 24 | $-323.0M | — |
毛利率CRWVQXO
| Q4 25 | 67.6% | — | ||
| Q3 25 | 73.0% | 23.3% | ||
| Q2 25 | 74.2% | 21.1% | ||
| Q1 25 | 73.3% | — | ||
| Q3 24 | 75.5% | — | ||
| Q2 24 | 72.5% | — |
营业利润率CRWVQXO
| Q4 25 | -5.7% | -3.2% | ||
| Q3 25 | 3.8% | 0.9% | ||
| Q2 25 | 1.6% | -8.5% | ||
| Q1 25 | -2.8% | — | ||
| Q3 24 | 20.1% | — | ||
| Q2 24 | 19.7% | — |
净利率CRWVQXO
| Q4 25 | -28.7% | -4.1% | ||
| Q3 25 | -8.1% | -5.1% | ||
| Q2 25 | -24.0% | -3.1% | ||
| Q1 25 | -32.1% | — | ||
| Q3 24 | -61.6% | — | ||
| Q2 24 | -81.7% | — |
每股收益（稀释后）CRWVQXO
| Q4 25 | $-0.50 | $-0.21 | ||
| Q3 25 | $-0.22 | $-0.24 | ||
| Q2 25 | $-0.60 | $-0.15 | ||
| Q1 25 | $-1.49 | — | ||
| Q3 24 | $-1.82 | — | ||
| Q2 24 | $-1.62 | — |
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 | $2.4B |
| 总债务越低越好 | $21.4B | $3.1B |
| 股东权益账面价值 | $3.3B | $9.7B |
| 总资产 | $49.3B | $15.9B |
| 负债/权益比越低杠杆越低 | 6.41× | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资CRWVQXO
| Q4 25 | $3.2B | $2.4B | ||
| Q3 25 | $1.9B | $2.3B | ||
| Q2 25 | $1.2B | $2.3B | ||
| Q1 25 | $1.3B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.0B | — |
总债务CRWVQXO
| Q4 25 | $21.4B | $3.1B | ||
| Q3 25 | $14.0B | $3.1B | ||
| Q2 25 | $11.1B | $3.1B | ||
| Q1 25 | $8.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CRWVQXO
| Q4 25 | $3.3B | $9.7B | ||
| Q3 25 | $3.9B | $9.8B | ||
| Q2 25 | $2.7B | $9.9B | ||
| Q1 25 | $1.9B | — | ||
| Q3 24 | $-344.0M | — | ||
| Q2 24 | $-1.0B | — |
总资产CRWVQXO
| Q4 25 | $49.3B | $15.9B | ||
| Q3 25 | $32.9B | $16.6B | ||
| Q2 25 | $26.2B | $17.1B | ||
| Q1 25 | $21.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
负债/权益比CRWVQXO
| Q4 25 | 6.41× | 0.31× | ||
| Q3 25 | 3.62× | 0.31× | ||
| Q2 25 | 4.16× | 0.31× | ||
| Q1 25 | 4.57× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $186.6M |
| 自由现金流经营现金流 - 资本支出 | $-2.5B | — |
| 自由现金流率自由现金流/营收 | -159.1% | — |
| 资本支出强度资本支出/营收 | 258.3% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-7.3B | — |
8季度趋势，按日历期对齐
经营现金流CRWVQXO
| Q4 25 | $1.6B | $186.6M | ||
| Q3 25 | $1.7B | $212.5M | ||
| Q2 25 | $-251.3M | $-174.2M | ||
| Q1 25 | $61.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流CRWVQXO
| Q4 25 | $-2.5B | — | ||
| Q3 25 | $-699.8M | $182.4M | ||
| Q2 25 | $-2.7B | — | ||
| Q1 25 | $-1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率CRWVQXO
| Q4 25 | -159.1% | — | ||
| Q3 25 | -51.3% | 6.7% | ||
| Q2 25 | -223.0% | — | ||
| Q1 25 | -137.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度CRWVQXO
| Q4 25 | 258.3% | — | ||
| Q3 25 | 175.1% | 1.1% | ||
| Q2 25 | 202.3% | — | ||
| Q1 25 | 143.4% | — | ||
| Q3 24 | — | — | ||
| Q2 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
CRWV
| US | $1.4B | 92% |
| Non Us | $129.3M | 8% |
QXO
暂无分部数据
