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CoStar Group（CSGP）与Qorvo, Inc.（QRVO）财务数据对比。点击上方公司名可切换其他公司
Qorvo, Inc.的季度营收约是CoStar Group的1.1倍（$993.0M vs $899.9M），Qorvo, Inc.净利率更高（16.5% vs 5.2%，领先11.4%），CoStar Group同比增速更快（26.9% vs 8.4%），Qorvo, Inc.自由现金流更多（$236.9M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 2.7%）
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。
Qorvo是一家美国跨国企业，专注于无线、有线及电源市场相关产品的研发与供应。该公司由TriQuint半导体与RF Micro Devices合并而来，合并计划于2014年公布，2015年1月1日正式完成，在纳斯达克挂牌上市，股票代码QRVO，原实行双总部制，2016年中起将北卡罗来纳州基地作为总部所在地。
CSGP vs QRVO — 直观对比
营收规模更大
QRVO
是对方的1.1倍
$899.9M
营收增速更快
CSGP
高出18.5%
8.4%
净利率更高
QRVO
高出11.4%
5.2%
自由现金流更多
QRVO
多$135.6M
$101.3M
两年增速更快
CSGP
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $993.0M |
| 净利润 | $46.5M | $164.1M |
| 毛利率 | 78.6% | 46.7% |
| 营业利润率 | 5.5% | 19.4% |
| 净利率 | 5.2% | 16.5% |
| 营收同比 | 26.9% | 8.4% |
| 净利润同比 | -22.2% | 297.5% |
| 每股收益（稀释后） | $0.12 | $1.75 |
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CSGPQRVO
| Q4 25 | $899.9M | $993.0M | ||
| Q3 25 | $833.6M | $1.1B | ||
| Q2 25 | $781.3M | $818.8M | ||
| Q1 25 | $732.2M | $869.5M | ||
| Q4 24 | $709.4M | $916.3M | ||
| Q3 24 | $692.6M | $1.0B | ||
| Q2 24 | $677.8M | $886.7M | ||
| Q1 24 | $656.4M | $941.0M |
净利润CSGPQRVO
| Q4 25 | $46.5M | $164.1M | ||
| Q3 25 | $-30.9M | $119.6M | ||
| Q2 25 | $6.2M | $25.6M | ||
| Q1 25 | $-14.8M | $31.4M | ||
| Q4 24 | $59.8M | $41.3M | ||
| Q3 24 | $53.0M | $-17.4M | ||
| Q2 24 | $19.2M | $414.0K | ||
| Q1 24 | $6.7M | $2.7M |
毛利率CSGPQRVO
| Q4 25 | 78.6% | 46.7% | ||
| Q3 25 | 79.3% | 47.0% | ||
| Q2 25 | 78.5% | 40.5% | ||
| Q1 25 | 79.1% | 42.2% | ||
| Q4 24 | 80.1% | 42.7% | ||
| Q3 24 | 79.7% | 42.6% | ||
| Q2 24 | 80.0% | 37.5% | ||
| Q1 24 | 78.5% | 40.6% |
营业利润率CSGPQRVO
| Q4 25 | 5.5% | 19.4% | ||
| Q3 25 | -6.1% | 14.9% | ||
| Q2 25 | -3.5% | 3.7% | ||
| Q1 25 | -5.8% | 3.2% | ||
| Q4 24 | 5.6% | 5.8% | ||
| Q3 24 | 3.4% | 0.9% | ||
| Q2 24 | -2.4% | 0.5% | ||
| Q1 24 | -6.5% | 3.2% |
净利率CSGPQRVO
| Q4 25 | 5.2% | 16.5% | ||
| Q3 25 | -3.7% | 11.3% | ||
| Q2 25 | 0.8% | 3.1% | ||
| Q1 25 | -2.0% | 3.6% | ||
| Q4 24 | 8.4% | 4.5% | ||
| Q3 24 | 7.7% | -1.7% | ||
| Q2 24 | 2.8% | 0.0% | ||
| Q1 24 | 1.0% | 0.3% |
每股收益（稀释后）CSGPQRVO
| Q4 25 | $0.12 | $1.75 | ||
| Q3 25 | $-0.07 | $1.28 | ||
| Q2 25 | $0.01 | $0.27 | ||
| Q1 25 | $-0.04 | $0.33 | ||
| Q4 24 | $0.14 | $0.43 | ||
| Q3 24 | $0.13 | $-0.18 | ||
| Q2 24 | $0.05 | $0.00 | ||
| Q1 24 | $0.02 | $0.04 |
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 | $1.3B |
| 总债务越低越好 | $140.0M | $1.5B |
| 股东权益账面价值 | $8.3B | $3.7B |
| 总资产 | $10.5B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CSGPQRVO
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $3.6B | $1.2B | ||
| Q1 25 | $3.7B | $1.0B | ||
| Q4 24 | $4.7B | $769.4M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.0B |
总债务CSGPQRVO
| Q4 25 | $140.0M | $1.5B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $1.0B | $1.5B | ||
| Q2 24 | $1.0B | $1.5B | ||
| Q1 24 | $1.0B | $1.5B |
股东权益CSGPQRVO
| Q4 25 | $8.3B | $3.7B | ||
| Q3 25 | $8.6B | $3.5B | ||
| Q2 25 | $8.6B | $3.4B | ||
| Q1 25 | $8.6B | $3.4B | ||
| Q4 24 | $7.6B | $3.4B | ||
| Q3 24 | $7.5B | $3.4B | ||
| Q2 24 | $7.4B | $3.5B | ||
| Q1 24 | $7.3B | $3.6B |
总资产CSGPQRVO
| Q4 25 | $10.5B | $6.2B | ||
| Q3 25 | $10.8B | $6.1B | ||
| Q2 25 | $10.5B | $6.0B | ||
| Q1 25 | $10.4B | $5.9B | ||
| Q4 24 | $9.3B | $6.0B | ||
| Q3 24 | $9.1B | $6.5B | ||
| Q2 24 | $9.1B | $6.4B | ||
| Q1 24 | $9.0B | $6.6B |
负债/权益比CSGPQRVO
| Q4 25 | 0.02× | 0.42× | ||
| Q3 25 | 0.12× | 0.44× | ||
| Q2 25 | 0.12× | 0.45× | ||
| Q1 25 | 0.12× | 0.46× | ||
| Q4 24 | 0.13× | 0.46× | ||
| Q3 24 | 0.13× | 0.45× | ||
| Q2 24 | 0.14× | 0.44× | ||
| Q1 24 | 0.14× | 0.44× |
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 | $265.4M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $236.9M |
| 自由现金流率自由现金流/营收 | 11.3% | 23.9% |
| 资本支出强度资本支出/营收 | 6.8% | 2.9% |
| 现金转化率经营现金流/净利润 | 3.49× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $595.2M |
8季度趋势，按日历期对齐
经营现金流CSGPQRVO
| Q4 25 | $162.1M | $265.4M | ||
| Q3 25 | $68.2M | $84.0M | ||
| Q2 25 | $146.5M | $182.9M | ||
| Q1 25 | $53.2M | $199.2M | ||
| Q4 24 | $94.6M | $214.1M | ||
| Q3 24 | $100.3M | $127.8M | ||
| Q2 24 | $58.1M | $81.1M | ||
| Q1 24 | $139.6M | — |
自由现金流CSGPQRVO
| Q4 25 | $101.3M | $236.9M | ||
| Q3 25 | $-5.5M | $42.2M | ||
| Q2 25 | $27.7M | $145.4M | ||
| Q1 25 | $-500.0K | $170.7M | ||
| Q4 24 | $25.2M | $176.2M | ||
| Q3 24 | $40.2M | $94.8M | ||
| Q2 24 | $-14.7M | $42.9M | ||
| Q1 24 | $-237.1M | — |
自由现金流率CSGPQRVO
| Q4 25 | 11.3% | 23.9% | ||
| Q3 25 | -0.7% | 4.0% | ||
| Q2 25 | 3.5% | 17.8% | ||
| Q1 25 | -0.1% | 19.6% | ||
| Q4 24 | 3.6% | 19.2% | ||
| Q3 24 | 5.8% | 9.1% | ||
| Q2 24 | -2.2% | 4.8% | ||
| Q1 24 | -36.1% | — |
资本支出强度CSGPQRVO
| Q4 25 | 6.8% | 2.9% | ||
| Q3 25 | 8.8% | 3.9% | ||
| Q2 25 | 15.2% | 4.6% | ||
| Q1 25 | 7.3% | 3.3% | ||
| Q4 24 | 9.8% | 4.1% | ||
| Q3 24 | 8.7% | 3.2% | ||
| Q2 24 | 10.7% | 4.3% | ||
| Q1 24 | 57.4% | — |
现金转化率CSGPQRVO
| Q4 25 | 3.49× | 1.62× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | 23.63× | 7.15× | ||
| Q1 25 | — | 6.35× | ||
| Q4 24 | 1.58× | 5.19× | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 3.03× | 195.86× | ||
| Q1 24 | 20.84× | — |
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% |
QRVO
| ACG | $690.8M | 70% |
| HPA | $190.9M | 19% |
| CSG | $111.3M | 11% |
