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CSW INDUSTRIALS, INC.（CSW）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
CSW INDUSTRIALS, INC.的季度营收约是微策略的1.9倍（$233.0M vs $123.0M），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 1.9%），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs 3.3%）
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
CSW vs MSTR — 直观对比
营收规模更大
CSW
是对方的1.9倍
$123.0M
营收增速更快
CSW
高出18.4%
1.9%
两年增速更快
CSW
近两年复合增速
3.3%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $123.0M |
| 净利润 | $10.3M | — |
| 毛利率 | 39.7% | 66.1% |
| 营业利润率 | 7.4% | — |
| 净利率 | 4.4% | — |
| 营收同比 | 20.3% | 1.9% |
| 净利润同比 | -61.9% | — |
| 每股收益（稀释后） | $0.62 | — |
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CSWMSTR
| Q4 25 | $233.0M | $123.0M | ||
| Q3 25 | $277.0M | $128.7M | ||
| Q2 25 | $263.6M | $114.5M | ||
| Q1 25 | $230.5M | $111.1M | ||
| Q4 24 | $193.6M | $120.7M | ||
| Q3 24 | $227.9M | $116.1M | ||
| Q2 24 | $226.2M | $111.4M | ||
| Q1 24 | $210.9M | $115.2M |
净利润CSWMSTR
| Q4 25 | $10.3M | — | ||
| Q3 25 | $40.7M | $2.8B | ||
| Q2 25 | $40.9M | $10.0B | ||
| Q1 25 | $35.1M | $-4.2B | ||
| Q4 24 | $26.9M | $-670.8M | ||
| Q3 24 | $36.1M | $-340.2M | ||
| Q2 24 | $38.6M | $-102.6M | ||
| Q1 24 | $31.8M | $-53.1M |
毛利率CSWMSTR
| Q4 25 | 39.7% | 66.1% | ||
| Q3 25 | 43.0% | 70.5% | ||
| Q2 25 | 43.8% | 68.8% | ||
| Q1 25 | 44.2% | 69.4% | ||
| Q4 24 | 41.4% | 71.7% | ||
| Q3 24 | 45.6% | 70.4% | ||
| Q2 24 | 47.5% | 72.2% | ||
| Q1 24 | 44.4% | 74.0% |
营业利润率CSWMSTR
| Q4 25 | 7.4% | — | ||
| Q3 25 | 20.5% | — | ||
| Q2 25 | 20.8% | — | ||
| Q1 25 | 19.5% | -5331.4% | ||
| Q4 24 | 15.3% | -842.1% | ||
| Q3 24 | 22.6% | -372.7% | ||
| Q2 24 | 24.3% | -179.7% | ||
| Q1 24 | 21.0% | -176.8% |
净利率CSWMSTR
| Q4 25 | 4.4% | — | ||
| Q3 25 | 14.7% | 2164.1% | ||
| Q2 25 | 15.5% | 8752.7% | ||
| Q1 25 | 15.2% | -3797.2% | ||
| Q4 24 | 13.9% | -555.8% | ||
| Q3 24 | 15.8% | -293.1% | ||
| Q2 24 | 17.1% | -92.0% | ||
| Q1 24 | 15.1% | -46.1% |
每股收益（稀释后）CSWMSTR
| Q4 25 | $0.62 | — | ||
| Q3 25 | $2.41 | $8.42 | ||
| Q2 25 | $2.43 | $32.60 | ||
| Q1 25 | $2.05 | $-16.49 | ||
| Q4 24 | $1.60 | $4.49 | ||
| Q3 24 | $2.26 | $-1.72 | ||
| Q2 24 | $2.47 | $-0.57 | ||
| Q1 24 | $2.03 | $-0.31 |
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 | $40.2M | $2.3B |
| 总债务越低越好 | — | $8.2B |
| 股东权益账面价值 | $1.1B | $44.1B |
| 总资产 | $2.3B | $61.6B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资CSWMSTR
| Q4 25 | $40.2M | $2.3B | ||
| Q3 25 | $31.5M | $54.3M | ||
| Q2 25 | $38.0M | $50.1M | ||
| Q1 25 | $225.8M | $60.3M | ||
| Q4 24 | $213.8M | $38.1M | ||
| Q3 24 | $273.2M | $46.3M | ||
| Q2 24 | $18.9M | $66.9M | ||
| Q1 24 | $22.2M | $81.3M |
总债务CSWMSTR
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | — | $8.2B | ||
| Q1 25 | $800.1M | $8.1B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | $166.0M | $3.6B |
股东权益CSWMSTR
| Q4 25 | $1.1B | $44.1B | ||
| Q3 25 | $1.1B | $52.3B | ||
| Q2 25 | $1.1B | $47.5B | ||
| Q1 25 | $1.1B | $32.2B | ||
| Q4 24 | $1.0B | $18.2B | ||
| Q3 24 | $1.0B | $3.8B | ||
| Q2 24 | $650.2M | $2.8B | ||
| Q1 24 | $615.7M | $2.4B |
总资产CSWMSTR
| Q4 25 | $2.3B | $61.6B | ||
| Q3 25 | $1.5B | $73.6B | ||
| Q2 25 | $1.5B | $64.8B | ||
| Q1 25 | $1.4B | $43.9B | ||
| Q4 24 | $1.4B | $25.8B | ||
| Q3 24 | $1.4B | $8.3B | ||
| Q2 24 | $1.1B | $7.1B | ||
| Q1 24 | $1.0B | $6.4B |
负债/权益比CSWMSTR
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | 0.75× | 0.25× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | 0.27× | 1.48× |
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 | $28.9M | — |
| 自由现金流经营现金流 - 资本支出 | $22.7M | — |
| 自由现金流率自由现金流/营收 | 9.8% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 2.81× | — |
| 过去12个月自由现金流最近4个季度 | $162.0M | — |
8季度趋势，按日历期对齐
经营现金流CSWMSTR
| Q4 25 | $28.9M | — | ||
| Q3 25 | $61.8M | $-8.3M | ||
| Q2 25 | $60.6M | $-34.9M | ||
| Q1 25 | $27.3M | $-2.4M | ||
| Q4 24 | $11.6M | $-17.3M | ||
| Q3 24 | $66.8M | $-41.0M | ||
| Q2 24 | $62.7M | $-23.3M | ||
| Q1 24 | $22.4M | $28.6M |
自由现金流CSWMSTR
| Q4 25 | $22.7M | — | ||
| Q3 25 | $58.7M | $-11.1M | ||
| Q2 25 | $57.7M | $-37.0M | ||
| Q1 25 | $22.8M | $-5.1M | ||
| Q4 24 | $8.5M | $-17.6M | ||
| Q3 24 | $61.3M | $-41.4M | ||
| Q2 24 | $59.6M | $-24.1M | ||
| Q1 24 | $17.5M | $27.0M |
自由现金流率CSWMSTR
| Q4 25 | 9.8% | — | ||
| Q3 25 | 21.2% | -8.6% | ||
| Q2 25 | 21.9% | -32.3% | ||
| Q1 25 | 9.9% | -4.6% | ||
| Q4 24 | 4.4% | -14.6% | ||
| Q3 24 | 26.9% | -35.7% | ||
| Q2 24 | 26.3% | -21.6% | ||
| Q1 24 | 8.3% | 23.5% |
资本支出强度CSWMSTR
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.1% | 2.2% | ||
| Q2 25 | 1.1% | 1.8% | ||
| Q1 25 | 2.0% | 2.5% | ||
| Q4 24 | 1.6% | 0.2% | ||
| Q3 24 | 2.4% | 0.4% | ||
| Q2 24 | 1.4% | 0.6% | ||
| Q1 24 | 2.3% | 1.3% |
现金转化率CSWMSTR
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | -0.00× | ||
| Q2 25 | 1.48× | -0.00× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
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
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
MSTR
暂无分部数据
