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CoreWeave, Inc.（CRWV）与罗克韦尔自动化（ROK）财务数据对比。点击上方公司名可切换其他公司
罗克韦尔自动化的季度营收约是CoreWeave, Inc.的1.3倍（$2.1B vs $1.6B），罗克韦尔自动化净利率更高（14.5% vs -28.7%，领先43.2%），罗克韦尔自动化自由现金流更多（$170.0M 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。
罗克韦尔自动化是总部位于美国威斯康星州密尔沃基的工业自动化及数字化转型技术提供商，旗下拥有Allen-Bradley、FactoryTalk软件、LifecycleIQ服务等核心品牌，全球员工约2.7万人，服务覆盖100多个国家和地区的客户。
CRWV vs ROK — 直观对比
营收规模更大
ROK
是对方的1.3倍
$1.6B
净利率更高
ROK
高出43.2%
-28.7%
自由现金流更多
ROK
多$2.7B
$-2.5B
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.1B |
| 净利润 | $-451.7M | $305.0M |
| 毛利率 | 67.6% | 48.3% |
| 营业利润率 | -5.7% | 20.7% |
| 净利率 | -28.7% | 14.5% |
| 营收同比 | — | 11.9% |
| 净利润同比 | — | 65.8% |
| 每股收益（稀释后） | $-0.50 | $2.69 |
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CRWVROK
| Q4 25 | $1.6B | $2.1B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.2B | $2.1B | ||
| Q1 25 | $981.6M | $2.0B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $583.9M | $2.0B | ||
| Q2 24 | $395.4M | $2.1B | ||
| Q1 24 | — | $2.1B |
净利润CRWVROK
| Q4 25 | $-451.7M | $305.0M | ||
| Q3 25 | $-110.1M | $138.0M | ||
| Q2 25 | $-290.5M | $295.0M | ||
| Q1 25 | $-314.6M | $252.0M | ||
| Q4 24 | — | $184.0M | ||
| Q3 24 | $-359.8M | $239.1M | ||
| Q2 24 | $-323.0M | $232.0M | ||
| Q1 24 | — | $266.2M |
毛利率CRWVROK
| Q4 25 | 67.6% | 48.3% | ||
| Q3 25 | 73.0% | 69.4% | ||
| Q2 25 | 74.2% | 40.9% | ||
| Q1 25 | 73.3% | 40.5% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | 75.5% | 37.9% | ||
| Q2 24 | 72.5% | 38.8% | ||
| Q1 24 | — | 39.2% |
营业利润率CRWVROK
| Q4 25 | -5.7% | 20.7% | ||
| Q3 25 | 3.8% | 2.7% | ||
| Q2 25 | 1.6% | 16.0% | ||
| Q1 25 | -2.8% | 14.9% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | 20.1% | 13.5% | ||
| Q2 24 | 19.7% | 12.4% | ||
| Q1 24 | — | 14.6% |
净利率CRWVROK
| Q4 25 | -28.7% | 14.5% | ||
| Q3 25 | -8.1% | 6.0% | ||
| Q2 25 | -24.0% | 13.8% | ||
| Q1 25 | -32.1% | 12.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | -61.6% | 11.7% | ||
| Q2 24 | -81.7% | 11.3% | ||
| Q1 24 | — | 12.5% |
每股收益（稀释后）CRWVROK
| Q4 25 | $-0.50 | $2.69 | ||
| Q3 25 | $-0.22 | $1.24 | ||
| Q2 25 | $-0.60 | $2.60 | ||
| Q1 25 | $-1.49 | $2.22 | ||
| Q4 24 | — | $1.61 | ||
| Q3 24 | $-1.82 | $2.09 | ||
| Q2 24 | $-1.62 | $2.02 | ||
| Q1 24 | — | $2.31 |
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 | $444.0M |
| 总债务越低越好 | $21.4B | — |
| 股东权益账面价值 | $3.3B | $3.7B |
| 总资产 | $49.3B | $11.2B |
| 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CRWVROK
| Q4 25 | $3.2B | $444.0M | ||
| Q3 25 | $1.9B | $468.0M | ||
| Q2 25 | $1.2B | $495.0M | ||
| Q1 25 | $1.3B | $456.0M | ||
| Q4 24 | — | $477.0M | ||
| Q3 24 | $1.4B | $471.3M | ||
| Q2 24 | $1.0B | $407.0M | ||
| Q1 24 | — | $470.5M |
总债务CRWVROK
| Q4 25 | $21.4B | — | ||
| Q3 25 | $14.0B | $2.6B | ||
| Q2 25 | $11.1B | — | ||
| Q1 25 | $8.7B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRWVROK
| Q4 25 | $3.3B | $3.7B | ||
| Q3 25 | $3.9B | $3.7B | ||
| Q2 25 | $2.7B | $3.5B | ||
| Q1 25 | $1.9B | $3.4B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | $-344.0M | $3.5B | ||
| Q2 24 | $-1.0B | $3.3B | ||
| Q1 24 | — | $3.5B |
总资产CRWVROK
| Q4 25 | $49.3B | $11.2B | ||
| Q3 25 | $32.9B | $11.2B | ||
| Q2 25 | $26.2B | $11.2B | ||
| Q1 25 | $21.9B | $11.0B | ||
| Q4 24 | — | $10.9B | ||
| Q3 24 | — | $11.2B | ||
| Q2 24 | — | $11.2B | ||
| Q1 24 | — | $11.4B |
负债/权益比CRWVROK
| Q4 25 | 6.41× | — | ||
| Q3 25 | 3.62× | 0.72× | ||
| Q2 25 | 4.16× | — | ||
| Q1 25 | 4.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.73× | ||
| 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 | $234.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.5B | $170.0M |
| 自由现金流率自由现金流/营收 | -159.1% | 8.1% |
| 资本支出强度资本支出/营收 | 258.3% | 3.0% |
| 现金转化率经营现金流/净利润 | — | 0.77× |
| 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CRWVROK
| Q4 25 | $1.6B | $234.0M | ||
| Q3 25 | $1.7B | $454.0M | ||
| Q2 25 | $-251.3M | $527.0M | ||
| Q1 25 | $61.2M | $199.0M | ||
| Q4 24 | — | $364.0M | ||
| Q3 24 | — | $432.3M | ||
| Q2 24 | — | $279.1M | ||
| Q1 24 | — | $119.8M |
自由现金流CRWVROK
| Q4 25 | $-2.5B | $170.0M | ||
| Q3 25 | $-699.8M | — | ||
| Q2 25 | $-2.7B | $489.0M | ||
| Q1 25 | $-1.3B | $171.0M | ||
| Q4 24 | — | $293.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $238.4M | ||
| Q1 24 | — | $68.6M |
自由现金流率CRWVROK
| Q4 25 | -159.1% | 8.1% | ||
| Q3 25 | -51.3% | — | ||
| Q2 25 | -223.0% | 22.8% | ||
| Q1 25 | -137.1% | 8.5% | ||
| Q4 24 | — | 15.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 11.6% | ||
| Q1 24 | — | 3.2% |
资本支出强度CRWVROK
| Q4 25 | 258.3% | 3.0% | ||
| Q3 25 | 175.1% | — | ||
| Q2 25 | 202.3% | 1.8% | ||
| Q1 25 | 143.4% | 1.4% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 2.4% |
现金转化率CRWVROK
| Q4 25 | — | 0.77× | ||
| Q3 25 | — | 3.29× | ||
| Q2 25 | — | 1.79× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 0.45× |
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% |
ROK
| Productsand Solutions | $1.9B | 89% |
| Lifecycle Services Segment | $259.0M | 12% |
