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CoreWeave, Inc.（CRWV）与RENAISSANCERE HOLDINGS LTD（RNR）财务数据对比。点击上方公司名可切换其他公司
RENAISSANCERE HOLDINGS LTD的季度营收约是CoreWeave, Inc.的1.4倍（$2.2B vs $1.6B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs -28.7%，领先52.2%）
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。
RenaissanceRe Holdings Ltd是总部位于百慕大的保险及相关商业服务提供商，核心业务覆盖再保险、常规保险两大板块，同时运营风险相关创新投资业务，为全球客户提供专业的风险对冲与保险解决方案。
CRWV vs RNR — 直观对比
营收规模更大
RNR
是对方的1.4倍
$1.6B
净利率更高
RNR
高出52.2%
-28.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.2B |
| 净利润 | $-451.7M | $515.8M |
| 毛利率 | 67.6% | — |
| 营业利润率 | -5.7% | — |
| 净利率 | -28.7% | 23.5% |
| 营收同比 | — | -36.8% |
| 净利润同比 | — | 72.6% |
| 每股收益（稀释后） | $-0.50 | $6.57 |
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CRWVRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.6B | $3.0B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $1.2B | $3.2B | ||
| Q1 25 | $981.6M | $3.5B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $583.9M | $4.0B | ||
| Q2 24 | $395.4M | $2.8B |
净利润CRWVRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $-451.7M | $760.5M | ||
| Q3 25 | $-110.1M | $916.5M | ||
| Q2 25 | $-290.5M | $835.4M | ||
| Q1 25 | $-314.6M | $170.0M | ||
| Q4 24 | — | $-189.7M | ||
| Q3 24 | $-359.8M | $1.2B | ||
| Q2 24 | $-323.0M | $503.9M |
毛利率CRWVRNR
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | -5.7% | 42.5% | ||
| Q3 25 | 3.8% | 46.3% | ||
| Q2 25 | 1.6% | 41.8% | ||
| Q1 25 | -2.8% | -2.0% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | 20.1% | 43.7% | ||
| Q2 24 | 19.7% | 25.0% |
净利率CRWVRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | -28.7% | 25.6% | ||
| Q3 25 | -8.1% | 28.7% | ||
| Q2 25 | -24.0% | 26.1% | ||
| Q1 25 | -32.1% | 4.9% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | -61.6% | 29.8% | ||
| Q2 24 | -81.7% | 17.8% |
每股收益（稀释后）CRWVRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $-0.50 | $16.16 | ||
| Q3 25 | $-0.22 | $19.40 | ||
| Q2 25 | $-0.60 | $17.20 | ||
| Q1 25 | $-1.49 | $3.27 | ||
| Q4 24 | — | $-3.76 | ||
| Q3 24 | $-1.82 | $22.62 | ||
| Q2 24 | $-1.62 | $9.41 |
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 | $1.6B |
| 总债务越低越好 | $21.4B | — |
| 股东权益账面价值 | $3.3B | $4.3B |
| 总资产 | $49.3B | $53.7B |
| 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CRWVRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $3.2B | $1.7B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.0B | $1.6B |
总债务CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | $21.4B | $2.3B | ||
| Q3 25 | $14.0B | $2.2B | ||
| Q2 25 | $11.1B | $2.3B | ||
| Q1 25 | $8.7B | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益CRWVRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $3.3B | $11.6B | ||
| Q3 25 | $3.9B | $11.5B | ||
| Q2 25 | $2.7B | $10.8B | ||
| Q1 25 | $1.9B | $10.3B | ||
| Q4 24 | — | $10.6B | ||
| Q3 24 | $-344.0M | $11.2B | ||
| Q2 24 | $-1.0B | $10.2B |
总资产CRWVRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $49.3B | $53.8B | ||
| Q3 25 | $32.9B | $54.5B | ||
| Q2 25 | $26.2B | $54.7B | ||
| Q1 25 | $21.9B | $53.6B | ||
| Q4 24 | — | $50.7B | ||
| Q3 24 | — | $52.8B | ||
| Q2 24 | — | $51.6B |
负债/权益比CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | 6.41× | 0.20× | ||
| Q3 25 | 3.62× | 0.19× | ||
| Q2 25 | 4.16× | 0.21× | ||
| Q1 25 | 4.57× | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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 | — |
| 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CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $483.0M | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $-251.3M | $1.5B | ||
| Q1 25 | $61.2M | $157.8M | ||
| Q4 24 | — | $778.9M | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.2B |
自由现金流CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | $-2.5B | — | ||
| Q3 25 | $-699.8M | — | ||
| Q2 25 | $-2.7B | — | ||
| Q1 25 | $-1.3B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | -159.1% | — | ||
| Q3 25 | -51.3% | — | ||
| Q2 25 | -223.0% | — | ||
| Q1 25 | -137.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | 258.3% | — | ||
| Q3 25 | 175.1% | — | ||
| Q2 25 | 202.3% | — | ||
| Q1 25 | 143.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率CRWVRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 2.41× |
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% |
RNR
暂无分部数据
