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CENTERSPACE（CSR）与NLIGHT, INC.（LASR）财务数据对比。点击上方公司名可切换其他公司
NLIGHT, INC.的季度营收约是CENTERSPACE的1.2倍（$81.2M vs $66.6M），NLIGHT, INC.净利率更高（-6.0% vs -27.7%，领先21.6%），NLIGHT, INC.同比增速更快（71.3% vs 0.3%），CENTERSPACE自由现金流更多（$64.3M vs $15.9M），过去两年NLIGHT, INC.的营收复合增速更高（35.0% vs 1.6%）
Centerspace是一家专注于多户住宅物业持有、运营与开发的房地产投资企业，核心业务覆盖美国中西部及落基山西部区域，面向不同租户群体提供经济型及高端住宅选择，重视租户体验与资产长期价值增长。
nLight Inc.是全球领先的高性能半导体激光器、光纤激光器及相关光学组件研发生产商，产品广泛应用于工业精密制造、航空航天与国防、医疗设备、前沿研究等核心领域，客户遍及北美、欧洲及亚太地区。
CSR vs LASR — 直观对比
营收规模更大
LASR
是对方的1.2倍
$66.6M
营收增速更快
LASR
高出71.0%
0.3%
净利率更高
LASR
高出21.6%
-27.7%
自由现金流更多
CSR
多$48.4M
$15.9M
两年增速更快
LASR
近两年复合增速
1.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.6M | $81.2M |
| 净利润 | $-18.4M | $-4.9M |
| 毛利率 | 96.5% | 30.7% |
| 营业利润率 | -15.9% | -6.7% |
| 净利率 | -27.7% | -6.0% |
| 营收同比 | 0.3% | 71.3% |
| 净利润同比 | -262.9% | 80.3% |
| 每股收益（稀释后） | $-1.08 | $-0.10 |
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CSRLASR
| Q4 25 | $66.6M | $81.2M | ||
| Q3 25 | $71.4M | $66.7M | ||
| Q2 25 | $68.5M | $61.7M | ||
| Q1 25 | $67.1M | $51.7M | ||
| Q4 24 | $66.4M | $47.4M | ||
| Q3 24 | $65.0M | $56.1M | ||
| Q2 24 | $65.0M | $50.5M | ||
| Q1 24 | $64.5M | $44.5M |
净利润CSRLASR
| Q4 25 | $-18.4M | $-4.9M | ||
| Q3 25 | $53.8M | $-6.9M | ||
| Q2 25 | $-14.5M | $-3.6M | ||
| Q1 25 | $-3.7M | $-8.1M | ||
| Q4 24 | $-5.1M | $-25.0M | ||
| Q3 24 | $-1.0M | $-10.3M | ||
| Q2 24 | $-1.3M | $-11.7M | ||
| Q1 24 | $-3.9M | $-13.8M |
毛利率CSRLASR
| Q4 25 | 96.5% | 30.7% | ||
| Q3 25 | 96.5% | 31.1% | ||
| Q2 25 | 96.5% | 29.9% | ||
| Q1 25 | 96.4% | 26.7% | ||
| Q4 24 | 96.5% | 2.4% | ||
| Q3 24 | 96.6% | 22.4% | ||
| Q2 24 | 96.6% | 23.5% | ||
| Q1 24 | 96.4% | 16.8% |
营业利润率CSRLASR
| Q4 25 | -15.9% | -6.7% | ||
| Q3 25 | — | -10.9% | ||
| Q2 25 | -9.9% | -6.9% | ||
| Q1 25 | 7.1% | -18.6% | ||
| Q4 24 | 4.3% | -55.8% | ||
| Q3 24 | 9.8% | -21.0% | ||
| Q2 24 | 11.1% | -25.1% | ||
| Q1 24 | 6.3% | -33.1% |
净利率CSRLASR
| Q4 25 | -27.7% | -6.0% | ||
| Q3 25 | 75.3% | -10.3% | ||
| Q2 25 | -21.2% | -5.8% | ||
| Q1 25 | -5.6% | -15.7% | ||
| Q4 24 | -7.6% | -52.7% | ||
| Q3 24 | -1.6% | -18.4% | ||
| Q2 24 | -2.0% | -23.2% | ||
| Q1 24 | -6.1% | -30.9% |
每股收益（稀释后）CSRLASR
| Q4 25 | $-1.08 | $-0.10 | ||
| Q3 25 | $3.19 | $-0.14 | ||
| Q2 25 | $-0.87 | $-0.07 | ||
| Q1 25 | $-0.22 | $-0.16 | ||
| Q4 24 | $-0.31 | $-0.52 | ||
| Q3 24 | $-0.40 | $-0.21 | ||
| Q2 24 | $-0.19 | $-0.25 | ||
| Q1 24 | $-0.37 | $-0.29 |
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 | $12.8M | $98.7M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $719.2M | $226.7M |
| 总资产 | $1.9B | $315.2M |
| 负债/权益比越低杠杆越低 | 1.42× | — |
8季度趋势，按日历期对齐
现金及短期投资CSRLASR
| Q4 25 | $12.8M | $98.7M | ||
| Q3 25 | $12.9M | $81.1M | ||
| Q2 25 | $12.4M | $78.8M | ||
| Q1 25 | $11.9M | $82.2M | ||
| Q4 24 | $12.0M | $65.8M | ||
| Q3 24 | $14.5M | $41.5M | ||
| Q2 24 | $14.3M | $49.4M | ||
| Q1 24 | $12.7M | $61.3M |
总债务CSRLASR
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $955.5M | — | ||
| Q4 24 | $955.4M | — | ||
| Q3 24 | $921.3M | — | ||
| Q2 24 | $931.7M | — | ||
| Q1 24 | $929.1M | — |
股东权益CSRLASR
| Q4 25 | $719.2M | $226.7M | ||
| Q3 25 | $748.6M | $218.5M | ||
| Q2 25 | $710.1M | $216.0M | ||
| Q1 25 | $636.8M | $212.8M | ||
| Q4 24 | $752.0M | $216.4M | ||
| Q3 24 | $672.5M | $235.3M | ||
| Q2 24 | $680.7M | $239.5M | ||
| Q1 24 | $688.1M | $244.4M |
总资产CSRLASR
| Q4 25 | $1.9B | $315.2M | ||
| Q3 25 | $2.1B | $298.7M | ||
| Q2 25 | $2.0B | $295.3M | ||
| Q1 25 | $1.9B | $290.0M | ||
| Q4 24 | $1.9B | $270.2M | ||
| Q3 24 | $1.9B | $291.3M | ||
| Q2 24 | $1.9B | $294.3M | ||
| Q1 24 | $1.9B | $302.8M |
负债/权益比CSRLASR
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.50× | — | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 1.35× | — |
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 | $98.5M | $17.5M |
| 自由现金流经营现金流 - 资本支出 | $64.3M | $15.9M |
| 自由现金流率自由现金流/营收 | 96.5% | 19.6% |
| 资本支出强度资本支出/营收 | 51.3% | 2.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $125.9M | $12.3M |
8季度趋势，按日历期对齐
经营现金流CSRLASR
| Q4 25 | $98.5M | $17.5M | ||
| Q3 25 | $35.1M | $5.2M | ||
| Q2 25 | $25.3M | $-1.4M | ||
| Q1 25 | $25.4M | $-20.0K | ||
| Q4 24 | $98.2M | $-3.9M | ||
| Q3 24 | $32.3M | $-5.6M | ||
| Q2 24 | $22.9M | $-4.2M | ||
| Q1 24 | $24.4M | $11.4M |
自由现金流CSRLASR
| Q4 25 | $64.3M | $15.9M | ||
| Q3 25 | $25.7M | $2.4M | ||
| Q2 25 | $15.5M | $-3.8M | ||
| Q1 25 | $20.4M | $-2.3M | ||
| Q4 24 | $41.6M | $-6.5M | ||
| Q3 24 | $20.5M | $-7.2M | ||
| Q2 24 | $9.1M | $-6.4M | ||
| Q1 24 | $2.6M | $9.8M |
自由现金流率CSRLASR
| Q4 25 | 96.5% | 19.6% | ||
| Q3 25 | 36.0% | 3.7% | ||
| Q2 25 | 22.7% | -6.1% | ||
| Q1 25 | 30.4% | -4.5% | ||
| Q4 24 | 62.6% | -13.7% | ||
| Q3 24 | 31.5% | -12.9% | ||
| Q2 24 | 14.0% | -12.6% | ||
| Q1 24 | 4.0% | 22.1% |
资本支出强度CSRLASR
| Q4 25 | 51.3% | 2.0% | ||
| Q3 25 | 13.1% | 4.2% | ||
| Q2 25 | 14.2% | 3.9% | ||
| Q1 25 | 7.5% | 4.4% | ||
| Q4 24 | 85.3% | 5.5% | ||
| Q3 24 | 18.2% | 2.9% | ||
| Q2 24 | 21.2% | 4.2% | ||
| Q1 24 | 33.8% | 3.5% |
现金转化率CSRLASR
| Q4 25 | — | — | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
CSR
| Multi Family Residential | $57.3M | 86% |
| Other | $8.1M | 12% |
| Other Property Revenue | $1.2M | 2% |
LASR
| Aerospaceand Defense | $56.3M | 69% |
| Microfabrication | $14.2M | 18% |
| Industrial | $10.7M | 13% |
