vs
CoStar Group（CSGP）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
Snowflake Inc.的季度营收约是CoStar Group的1.3倍（$1.2B vs $899.9M），CoStar Group净利率更高（5.2% vs -24.2%，领先29.4%），Snowflake Inc.同比增速更快（28.7% vs 26.9%），Snowflake Inc.自由现金流更多（$113.6M vs $101.3M），过去两年Snowflake Inc.的营收复合增速更高（25.1% 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。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
CSGP vs SNOW — 直观对比
营收规模更大
SNOW
是对方的1.3倍
$899.9M
营收增速更快
SNOW
高出1.9%
26.9%
净利率更高
CSGP
高出29.4%
-24.2%
自由现金流更多
SNOW
多$12.3M
$101.3M
两年增速更快
SNOW
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $1.2B |
| 净利润 | $46.5M | $-294.0M |
| 毛利率 | 78.6% | 67.8% |
| 营业利润率 | 5.5% | -27.2% |
| 净利率 | 5.2% | -24.2% |
| 营收同比 | 26.9% | 28.7% |
| 净利润同比 | -22.2% | 9.4% |
| 每股收益（稀释后） | $0.12 | $-0.87 |
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CSGPSNOW
| Q4 25 | $899.9M | $1.2B | ||
| Q3 25 | $833.6M | $1.1B | ||
| Q2 25 | $781.3M | $1.0B | ||
| Q1 25 | $732.2M | $986.8M | ||
| Q4 24 | $709.4M | $942.1M | ||
| Q3 24 | $692.6M | $868.8M | ||
| Q2 24 | $677.8M | $828.7M | ||
| Q1 24 | $656.4M | $774.7M |
净利润CSGPSNOW
| Q4 25 | $46.5M | $-294.0M | ||
| Q3 25 | $-30.9M | $-298.0M | ||
| Q2 25 | $6.2M | $-430.1M | ||
| Q1 25 | $-14.8M | $-327.5M | ||
| Q4 24 | $59.8M | $-324.3M | ||
| Q3 24 | $53.0M | $-316.9M | ||
| Q2 24 | $19.2M | $-317.0M | ||
| Q1 24 | $6.7M | $-169.4M |
毛利率CSGPSNOW
| Q4 25 | 78.6% | 67.8% | ||
| Q3 25 | 79.3% | 67.5% | ||
| Q2 25 | 78.5% | 66.5% | ||
| Q1 25 | 79.1% | 66.2% | ||
| Q4 24 | 80.1% | 65.9% | ||
| Q3 24 | 79.7% | 66.8% | ||
| Q2 24 | 80.0% | 67.1% | ||
| Q1 24 | 78.5% | 68.8% |
营业利润率CSGPSNOW
| Q4 25 | 5.5% | -27.2% | ||
| Q3 25 | -6.1% | -29.7% | ||
| Q2 25 | -3.5% | -42.9% | ||
| Q1 25 | -5.8% | -39.2% | ||
| Q4 24 | 5.6% | -38.8% | ||
| Q3 24 | 3.4% | -40.9% | ||
| Q2 24 | -2.4% | -42.1% | ||
| Q1 24 | -6.5% | -35.6% |
净利率CSGPSNOW
| Q4 25 | 5.2% | -24.2% | ||
| Q3 25 | -3.7% | -26.0% | ||
| Q2 25 | 0.8% | -41.3% | ||
| Q1 25 | -2.0% | -33.2% | ||
| Q4 24 | 8.4% | -34.4% | ||
| Q3 24 | 7.7% | -36.5% | ||
| Q2 24 | 2.8% | -38.3% | ||
| Q1 24 | 1.0% | -21.9% |
每股收益（稀释后）CSGPSNOW
| Q4 25 | $0.12 | $-0.87 | ||
| Q3 25 | $-0.07 | $-0.89 | ||
| Q2 25 | $0.01 | $-1.29 | ||
| Q1 25 | $-0.04 | $-0.98 | ||
| Q4 24 | $0.14 | $-0.98 | ||
| Q3 24 | $0.13 | $-0.95 | ||
| Q2 24 | $0.05 | $-0.95 | ||
| Q1 24 | $0.02 | $-0.51 |
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 | $1.9B |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $2.1B |
| 总资产 | $10.5B | $8.2B |
| 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CSGPSNOW
| Q4 25 | $1.6B | $1.9B | ||
| Q3 25 | $1.9B | $1.9B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $3.7B | $2.6B | ||
| Q4 24 | $4.7B | $2.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.8B |
总债务CSGPSNOW
| 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CSGPSNOW
| Q4 25 | $8.3B | $2.1B | ||
| Q3 25 | $8.6B | $2.4B | ||
| Q2 25 | $8.6B | $2.4B | ||
| Q1 25 | $8.6B | $3.0B | ||
| Q4 24 | $7.6B | $2.9B | ||
| Q3 24 | $7.5B | $4.1B | ||
| Q2 24 | $7.4B | $4.6B | ||
| Q1 24 | $7.3B | $5.2B |
总资产CSGPSNOW
| Q4 25 | $10.5B | $8.2B | ||
| Q3 25 | $10.8B | $8.2B | ||
| Q2 25 | $10.5B | $8.2B | ||
| Q1 25 | $10.4B | $9.0B | ||
| Q4 24 | $9.3B | $8.2B | ||
| Q3 24 | $9.1B | $6.9B | ||
| Q2 24 | $9.1B | $7.3B | ||
| Q1 24 | $9.0B | $8.2B |
负债/权益比CSGPSNOW
| 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 | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $113.6M |
| 自由现金流率自由现金流/营收 | 11.3% | 9.4% |
| 资本支出强度资本支出/营收 | 6.8% | 2.0% |
| 现金转化率经营现金流/净利润 | 3.49× | — |
| 过去12个月自由现金流最近4个季度 | $123.0M | $776.7M |
8季度趋势，按日历期对齐
经营现金流CSGPSNOW
| Q4 25 | $162.1M | $137.5M | ||
| Q3 25 | $68.2M | $74.9M | ||
| Q2 25 | $146.5M | $228.4M | ||
| Q1 25 | $53.2M | $432.7M | ||
| Q4 24 | $94.6M | $101.7M | ||
| Q3 24 | $100.3M | $69.9M | ||
| Q2 24 | $58.1M | $355.5M | ||
| Q1 24 | $139.6M | $344.6M |
自由现金流CSGPSNOW
| Q4 25 | $101.3M | $113.6M | ||
| Q3 25 | $-5.5M | $58.2M | ||
| Q2 25 | $27.7M | $183.4M | ||
| Q1 25 | $-500.0K | $421.4M | ||
| Q4 24 | $25.2M | $88.3M | ||
| Q3 24 | $40.2M | $64.8M | ||
| Q2 24 | $-14.7M | $338.9M | ||
| Q1 24 | $-237.1M | $331.5M |
自由现金流率CSGPSNOW
| Q4 25 | 11.3% | 9.4% | ||
| Q3 25 | -0.7% | 5.1% | ||
| Q2 25 | 3.5% | 17.6% | ||
| Q1 25 | -0.1% | 42.7% | ||
| Q4 24 | 3.6% | 9.4% | ||
| Q3 24 | 5.8% | 7.5% | ||
| Q2 24 | -2.2% | 40.9% | ||
| Q1 24 | -36.1% | 42.8% |
资本支出强度CSGPSNOW
| Q4 25 | 6.8% | 2.0% | ||
| Q3 25 | 8.8% | 1.5% | ||
| Q2 25 | 15.2% | 4.3% | ||
| Q1 25 | 7.3% | 1.1% | ||
| Q4 24 | 9.8% | 1.4% | ||
| Q3 24 | 8.7% | 0.6% | ||
| Q2 24 | 10.7% | 2.0% | ||
| Q1 24 | 57.4% | 1.7% |
现金转化率CSGPSNOW
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | — | ||
| 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% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
