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CoStar Group（CSGP）与Reddit, Inc.（RDDT）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Reddit, Inc.的1.2倍（$899.9M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 5.2%，领先29.5%），Reddit, Inc.同比增速更快（69.7% vs 26.9%），Reddit, Inc.自由现金流更多（$263.6M vs $101.3M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs 17.1%）
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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
CSGP vs RDDT — 直观对比
营收规模更大
CSGP
是对方的1.2倍
$725.6M
营收增速更快
RDDT
高出42.8%
26.9%
净利率更高
RDDT
高出29.5%
5.2%
自由现金流更多
RDDT
多$162.3M
$101.3M
两年增速更快
RDDT
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $725.6M |
| 净利润 | $46.5M | $251.6M |
| 毛利率 | 78.6% | 91.9% |
| 营业利润率 | 5.5% | 31.9% |
| 净利率 | 5.2% | 34.7% |
| 营收同比 | 26.9% | 69.7% |
| 净利润同比 | -22.2% | 254.2% |
| 每股收益（稀释后） | $0.12 | $1.24 |
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CSGPRDDT
| Q4 25 | $899.9M | $725.6M | ||
| Q3 25 | $833.6M | $584.9M | ||
| Q2 25 | $781.3M | $499.6M | ||
| Q1 25 | $732.2M | $392.4M | ||
| Q4 24 | $709.4M | $427.7M | ||
| Q3 24 | $692.6M | $348.4M | ||
| Q2 24 | $677.8M | $281.2M | ||
| Q1 24 | $656.4M | $243.0M |
净利润CSGPRDDT
| Q4 25 | $46.5M | $251.6M | ||
| Q3 25 | $-30.9M | $162.7M | ||
| Q2 25 | $6.2M | $89.3M | ||
| Q1 25 | $-14.8M | $26.2M | ||
| Q4 24 | $59.8M | $71.0M | ||
| Q3 24 | $53.0M | $29.9M | ||
| Q2 24 | $19.2M | $-10.1M | ||
| Q1 24 | $6.7M | $-575.1M |
毛利率CSGPRDDT
| Q4 25 | 78.6% | 91.9% | ||
| Q3 25 | 79.3% | 91.0% | ||
| Q2 25 | 78.5% | 90.8% | ||
| Q1 25 | 79.1% | 90.5% | ||
| Q4 24 | 80.1% | 92.6% | ||
| Q3 24 | 79.7% | 90.1% | ||
| Q2 24 | 80.0% | 89.5% | ||
| Q1 24 | 78.5% | 88.6% |
营业利润率CSGPRDDT
| Q4 25 | 5.5% | 31.9% | ||
| Q3 25 | -6.1% | 23.7% | ||
| Q2 25 | -3.5% | 13.6% | ||
| Q1 25 | -5.8% | 1.0% | ||
| Q4 24 | 5.6% | 12.4% | ||
| Q3 24 | 3.4% | 2.0% | ||
| Q2 24 | -2.4% | -11.0% | ||
| Q1 24 | -6.5% | -242.5% |
净利率CSGPRDDT
| Q4 25 | 5.2% | 34.7% | ||
| Q3 25 | -3.7% | 27.8% | ||
| Q2 25 | 0.8% | 17.9% | ||
| Q1 25 | -2.0% | 6.7% | ||
| Q4 24 | 8.4% | 16.6% | ||
| Q3 24 | 7.7% | 8.6% | ||
| Q2 24 | 2.8% | -3.6% | ||
| Q1 24 | 1.0% | -236.7% |
每股收益（稀释后）CSGPRDDT
| Q4 25 | $0.12 | $1.24 | ||
| Q3 25 | $-0.07 | $0.80 | ||
| Q2 25 | $0.01 | $0.45 | ||
| Q1 25 | $-0.04 | $0.13 | ||
| Q4 24 | $0.14 | $4.76 | ||
| Q3 24 | $0.13 | $0.16 | ||
| Q2 24 | $0.05 | $-0.06 | ||
| Q1 24 | $0.02 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $2.9B |
| 总资产 | $10.5B | $3.2B |
| 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CSGPRDDT
| Q4 25 | $1.6B | $953.6M | ||
| Q3 25 | $1.9B | $911.7M | ||
| Q2 25 | $3.6B | $734.1M | ||
| Q1 25 | $3.7B | $635.7M | ||
| Q4 24 | $4.7B | $562.1M | ||
| Q3 24 | — | $515.9M | ||
| Q2 24 | — | $468.0M | ||
| Q1 24 | — | $968.5M |
总债务CSGPRDDT
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPRDDT
| Q4 25 | $8.3B | $2.9B | ||
| Q3 25 | $8.6B | $2.6B | ||
| Q2 25 | $8.6B | $2.4B | ||
| Q1 25 | $8.6B | $2.2B | ||
| Q4 24 | $7.6B | $2.1B | ||
| Q3 24 | $7.5B | $2.0B | ||
| Q2 24 | $7.4B | $1.9B | ||
| Q1 24 | $7.3B | $1.8B |
总资产CSGPRDDT
| Q4 25 | $10.5B | $3.2B | ||
| Q3 25 | $10.8B | $2.9B | ||
| Q2 25 | $10.5B | $2.6B | ||
| Q1 25 | $10.4B | $2.4B | ||
| Q4 24 | $9.3B | $2.3B | ||
| Q3 24 | $9.1B | $2.2B | ||
| Q2 24 | $9.1B | $2.1B | ||
| Q1 24 | $9.0B | $2.0B |
负债/权益比CSGPRDDT
| 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× | — | ||
| Q1 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $263.6M |
| 自由现金流率自由现金流/营收 | 11.3% | 36.3% |
| 资本支出强度资本支出/营收 | 6.8% | 0.4% |
| 现金转化率经营现金流/净利润 | 3.49× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $684.2M |
8季度趋势，按日历期对齐
经营现金流CSGPRDDT
| Q4 25 | $162.1M | $266.8M | ||
| Q3 25 | $68.2M | $185.2M | ||
| Q2 25 | $146.5M | $111.3M | ||
| Q1 25 | $53.2M | $127.6M | ||
| Q4 24 | $94.6M | $90.0M | ||
| Q3 24 | $100.3M | $71.6M | ||
| Q2 24 | $58.1M | $28.4M | ||
| Q1 24 | $139.6M | $32.1M |
自由现金流CSGPRDDT
| Q4 25 | $101.3M | $263.6M | ||
| Q3 25 | $-5.5M | $183.1M | ||
| Q2 25 | $27.7M | $110.8M | ||
| Q1 25 | $-500.0K | $126.6M | ||
| Q4 24 | $25.2M | $89.2M | ||
| Q3 24 | $40.2M | $70.3M | ||
| Q2 24 | $-14.7M | $27.2M | ||
| Q1 24 | $-237.1M | $29.2M |
自由现金流率CSGPRDDT
| Q4 25 | 11.3% | 36.3% | ||
| Q3 25 | -0.7% | 31.3% | ||
| Q2 25 | 3.5% | 22.2% | ||
| Q1 25 | -0.1% | 32.3% | ||
| Q4 24 | 3.6% | 20.8% | ||
| Q3 24 | 5.8% | 20.2% | ||
| Q2 24 | -2.2% | 9.7% | ||
| Q1 24 | -36.1% | 12.0% |
资本支出强度CSGPRDDT
| Q4 25 | 6.8% | 0.4% | ||
| Q3 25 | 8.8% | 0.4% | ||
| Q2 25 | 15.2% | 0.1% | ||
| Q1 25 | 7.3% | 0.2% | ||
| Q4 24 | 9.8% | 0.2% | ||
| Q3 24 | 8.7% | 0.4% | ||
| Q2 24 | 10.7% | 0.4% | ||
| Q1 24 | 57.4% | 1.2% |
现金转化率CSGPRDDT
| Q4 25 | 3.49× | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | 23.63× | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | 1.58× | 1.27× | ||
| Q3 24 | 1.89× | 2.40× | ||
| Q2 24 | 3.03× | — | ||
| 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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
