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CoStar Group（CSGP）与ETSY INC（ETSY）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是ETSY INC的1.1倍（$899.9M vs $831.5M），ETSY INC净利率更高（12.6% vs 5.2%，领先7.4%），CoStar Group同比增速更快（26.9% vs 7.6%），ETSY INC自由现金流更多（$671.2M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 13.3%）
CoStar Group是1987年成立的美国商业地产服务商，总部位于弗吉尼亚州阿灵顿，业务覆盖北美、欧洲地区，为商业地产行业提供信息、分析及营销解决方案，旗下运营CoStar线上数据库、新闻网站及Apartments.com、Homes.com等多个线上平台。
Etsy是美国电商企业，主打手工制品、复古商品及手工耗材交易，平台品类覆盖珠宝首饰、服饰、家居装饰、家具、玩具、艺术品等。平台规定复古商品需至少有20年历史，卖家可开设独立店铺，每件上架商品收取0.2美元挂牌费，2013年起平台也允许量产商品入驻销售。
CSGP vs ETSY — 直观对比
营收规模更大
CSGP
是对方的1.1倍
$831.5M
营收增速更快
CSGP
高出19.2%
7.6%
净利率更高
ETSY
高出7.4%
5.2%
自由现金流更多
ETSY
多$569.9M
$101.3M
两年增速更快
CSGP
近两年复合增速
13.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $831.5M |
| 净利润 | $46.5M | $104.7M |
| 毛利率 | 78.6% | 54.8% |
| 营业利润率 | 5.5% | 59.6% |
| 净利率 | 5.2% | 12.6% |
| 营收同比 | 26.9% | 7.6% |
| 净利润同比 | -22.2% | 398.3% |
| 每股收益（稀释后） | $0.12 | $0.89 |
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CSGPETSY
| Q1 26 | — | $831.5M | ||
| Q4 25 | $899.9M | $881.6M | ||
| Q3 25 | $833.6M | $678.0M | ||
| Q2 25 | $781.3M | $672.7M | ||
| Q1 25 | $732.2M | $651.2M | ||
| Q4 24 | $709.4M | $852.2M | ||
| Q3 24 | $692.6M | $662.4M | ||
| Q2 24 | $677.8M | $647.8M |
净利润CSGPETSY
| Q1 26 | — | $104.7M | ||
| Q4 25 | $46.5M | $110.7M | ||
| Q3 25 | $-30.9M | $75.5M | ||
| Q2 25 | $6.2M | $28.8M | ||
| Q1 25 | $-14.8M | $-52.1M | ||
| Q4 24 | $59.8M | $129.9M | ||
| Q3 24 | $53.0M | $57.4M | ||
| Q2 24 | $19.2M | $53.0M |
毛利率CSGPETSY
| Q1 26 | — | 54.8% | ||
| Q4 25 | 78.6% | 73.1% | ||
| Q3 25 | 79.3% | 71.3% | ||
| Q2 25 | 78.5% | 71.2% | ||
| Q1 25 | 79.1% | 70.5% | ||
| Q4 24 | 80.1% | 74.5% | ||
| Q3 24 | 79.7% | 72.0% | ||
| Q2 24 | 80.0% | 71.6% |
营业利润率CSGPETSY
| Q1 26 | — | 59.6% | ||
| Q4 25 | 5.5% | 14.7% | ||
| Q3 25 | -6.1% | 12.2% | ||
| Q2 25 | -3.5% | 11.4% | ||
| Q1 25 | -5.8% | -3.4% | ||
| Q4 24 | 5.6% | 18.2% | ||
| Q3 24 | 3.4% | 13.1% | ||
| Q2 24 | -2.4% | 10.8% |
净利率CSGPETSY
| Q1 26 | — | 12.6% | ||
| Q4 25 | 5.2% | 12.6% | ||
| Q3 25 | -3.7% | 11.1% | ||
| Q2 25 | 0.8% | 4.3% | ||
| Q1 25 | -2.0% | -8.0% | ||
| Q4 24 | 8.4% | 15.2% | ||
| Q3 24 | 7.7% | 8.7% | ||
| Q2 24 | 2.8% | 8.2% |
每股收益（稀释后）CSGPETSY
| Q1 26 | — | $0.89 | ||
| Q4 25 | $0.12 | $1.00 | ||
| Q3 25 | $-0.07 | $0.63 | ||
| Q2 25 | $0.01 | $0.25 | ||
| Q1 25 | $-0.04 | $-0.49 | ||
| Q4 24 | $0.14 | $1.01 | ||
| Q3 24 | $0.13 | $0.45 | ||
| Q2 24 | $0.05 | $0.41 |
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 | $1.6B | $1.4B |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | — |
| 总资产 | $10.5B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资CSGPETSY
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $3.6B | $1.2B | ||
| Q1 25 | $3.7B | $649.2M | ||
| Q4 24 | $4.7B | $811.2M | ||
| Q3 24 | — | $818.9M | ||
| Q2 24 | — | $759.2M |
总债务CSGPETSY
| Q1 26 | — | — | ||
| Q4 25 | $140.0M | $2.3B | ||
| Q3 25 | $1.0B | $3.0B | ||
| Q2 25 | $1.0B | $3.0B | ||
| Q1 25 | $1.0B | $2.3B | ||
| Q4 24 | $1.0B | $2.3B | ||
| Q3 24 | $1.0B | $2.3B | ||
| Q2 24 | $1.0B | $2.3B |
股东权益CSGPETSY
| Q1 26 | — | — | ||
| Q4 25 | $8.3B | $-1.1B | ||
| Q3 25 | $8.6B | $-1.1B | ||
| Q2 25 | $8.6B | $-1.1B | ||
| Q1 25 | $8.6B | $-910.3M | ||
| Q4 24 | $7.6B | $-758.9M | ||
| Q3 24 | $7.5B | $-624.3M | ||
| Q2 24 | $7.4B | $-635.0M |
总资产CSGPETSY
| Q1 26 | — | $2.7B | ||
| Q4 25 | $10.5B | $2.8B | ||
| Q3 25 | $10.8B | $2.7B | ||
| Q2 25 | $10.5B | $2.6B | ||
| Q1 25 | $10.4B | $2.1B | ||
| Q4 24 | $9.3B | $2.4B | ||
| Q3 24 | $9.1B | $2.4B | ||
| Q2 24 | $9.1B | $2.4B |
负债/权益比CSGPETSY
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — |
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 | $162.1M | $725.0M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $671.2M |
| 自由现金流率自由现金流/营收 | 11.3% | 80.7% |
| 资本支出强度资本支出/营收 | 6.8% | — |
| 现金转化率经营现金流/净利润 | 3.49× | 6.93× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $1.3B |
8季度趋势，按日历期对齐
经营现金流CSGPETSY
| Q1 26 | — | $725.0M | ||
| Q4 25 | $162.1M | $317.1M | ||
| Q3 25 | $68.2M | $219.0M | ||
| Q2 25 | $146.5M | $108.1M | ||
| Q1 25 | $53.2M | $49.2M | ||
| Q4 24 | $94.6M | $315.0M | ||
| Q3 24 | $100.3M | $217.4M | ||
| Q2 24 | $58.1M | $151.1M |
自由现金流CSGPETSY
| Q1 26 | — | $671.2M | ||
| Q4 25 | $101.3M | $315.9M | ||
| Q3 25 | $-5.5M | $215.0M | ||
| Q2 25 | $27.7M | $101.3M | ||
| Q1 25 | $-500.0K | $45.9M | ||
| Q4 24 | $25.2M | $310.9M | ||
| Q3 24 | $40.2M | $213.2M | ||
| Q2 24 | $-14.7M | $147.4M |
自由现金流率CSGPETSY
| Q1 26 | — | 80.7% | ||
| Q4 25 | 11.3% | 35.8% | ||
| Q3 25 | -0.7% | 31.7% | ||
| Q2 25 | 3.5% | 15.1% | ||
| Q1 25 | -0.1% | 7.1% | ||
| Q4 24 | 3.6% | 36.5% | ||
| Q3 24 | 5.8% | 32.2% | ||
| Q2 24 | -2.2% | 22.8% |
资本支出强度CSGPETSY
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 0.1% | ||
| Q3 25 | 8.8% | 0.6% | ||
| Q2 25 | 15.2% | 1.0% | ||
| Q1 25 | 7.3% | 0.5% | ||
| Q4 24 | 9.8% | 0.5% | ||
| Q3 24 | 8.7% | 0.6% | ||
| Q2 24 | 10.7% | 0.6% |
现金转化率CSGPETSY
| Q1 26 | — | 6.93× | ||
| Q4 25 | 3.49× | 2.86× | ||
| Q3 25 | — | 2.90× | ||
| Q2 25 | 23.63× | 3.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | 2.42× | ||
| Q3 24 | 1.89× | 3.79× | ||
| Q2 24 | 3.03× | 2.85× |
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
CSGP
| Co Star | $503.8M | 56% |
| Other | $283.0M | 31% |
| Loop Net | $94.7M | 11% |
ETSY
暂无分部数据
