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CSW INDUSTRIALS, INC.（CSW）与PROCORE TECHNOLOGIES, INC.（PCOR）财务数据对比。点击上方公司名可切换其他公司
PROCORE TECHNOLOGIES, INC.的季度营收约是CSW INDUSTRIALS, INC.的1.5倍（$349.1M vs $233.0M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs -10.8%，领先15.2%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 15.6%），PROCORE TECHNOLOGIES, INC.自由现金流更多（$109.2M vs $22.7M），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（13.8% vs 5.1%）
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
CSW vs PCOR — 直观对比
营收规模更大
PCOR
是对方的1.5倍
$233.0M
营收增速更快
CSW
高出4.7%
15.6%
净利率更高
CSW
高出15.2%
-10.8%
自由现金流更多
PCOR
多$86.5M
$22.7M
两年增速更快
PCOR
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $349.1M |
| 净利润 | $10.3M | $-37.6M |
| 毛利率 | 39.7% | 80.1% |
| 营业利润率 | 7.4% | -12.3% |
| 净利率 | 4.4% | -10.8% |
| 营收同比 | 20.3% | 15.6% |
| 净利润同比 | -61.9% | 39.6% |
| 每股收益（稀释后） | $0.62 | $-0.25 |
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CSWPCOR
| Q4 25 | $233.0M | $349.1M | ||
| Q3 25 | $277.0M | $338.9M | ||
| Q2 25 | $263.6M | $323.9M | ||
| Q1 25 | $230.5M | $310.6M | ||
| Q4 24 | $193.6M | $302.0M | ||
| Q3 24 | $227.9M | $295.9M | ||
| Q2 24 | $226.2M | $284.3M | ||
| Q1 24 | $210.9M | $269.4M |
净利润CSWPCOR
| Q4 25 | $10.3M | $-37.6M | ||
| Q3 25 | $40.7M | $-9.1M | ||
| Q2 25 | $40.9M | $-21.1M | ||
| Q1 25 | $35.1M | $-33.0M | ||
| Q4 24 | $26.9M | $-62.3M | ||
| Q3 24 | $36.1M | $-26.4M | ||
| Q2 24 | $38.6M | $-6.3M | ||
| Q1 24 | $31.8M | $-11.0M |
毛利率CSWPCOR
| Q4 25 | 39.7% | 80.1% | ||
| Q3 25 | 43.0% | 79.7% | ||
| Q2 25 | 43.8% | 79.1% | ||
| Q1 25 | 44.2% | 79.1% | ||
| Q4 24 | 41.4% | 81.2% | ||
| Q3 24 | 45.6% | 81.4% | ||
| Q2 24 | 47.5% | 83.1% | ||
| Q1 24 | 44.4% | 83.0% |
营业利润率CSWPCOR
| Q4 25 | 7.4% | -12.3% | ||
| Q3 25 | 20.5% | -4.4% | ||
| Q2 25 | 20.8% | -9.3% | ||
| Q1 25 | 19.5% | -11.7% | ||
| Q4 24 | 15.3% | -21.9% | ||
| Q3 24 | 22.6% | -12.3% | ||
| Q2 24 | 24.3% | -5.2% | ||
| Q1 24 | 21.0% | -7.0% |
净利率CSWPCOR
| Q4 25 | 4.4% | -10.8% | ||
| Q3 25 | 14.7% | -2.7% | ||
| Q2 25 | 15.5% | -6.5% | ||
| Q1 25 | 15.2% | -10.6% | ||
| Q4 24 | 13.9% | -20.6% | ||
| Q3 24 | 15.8% | -8.9% | ||
| Q2 24 | 17.1% | -2.2% | ||
| Q1 24 | 15.1% | -4.1% |
每股收益（稀释后）CSWPCOR
| Q4 25 | $0.62 | $-0.25 | ||
| Q3 25 | $2.41 | $-0.06 | ||
| Q2 25 | $2.43 | $-0.14 | ||
| Q1 25 | $2.05 | $-0.22 | ||
| Q4 24 | $1.60 | $-0.42 | ||
| Q3 24 | $2.26 | $-0.18 | ||
| Q2 24 | $2.47 | $-0.04 | ||
| Q1 24 | $2.03 | $-0.08 |
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 | $768.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $1.3B |
| 总资产 | $2.3B | $2.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CSWPCOR
| Q4 25 | $40.2M | $768.5M | ||
| Q3 25 | $31.5M | $684.0M | ||
| Q2 25 | $38.0M | $620.9M | ||
| Q1 25 | $225.8M | $566.7M | ||
| Q4 24 | $213.8M | $775.4M | ||
| Q3 24 | $273.2M | $756.9M | ||
| Q2 24 | $18.9M | $735.4M | ||
| Q1 24 | $22.2M | $744.6M |
总债务CSWPCOR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWPCOR
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $650.2M | $1.3B | ||
| Q1 24 | $615.7M | $1.2B |
总资产CSWPCOR
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.5B | $2.0B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.0B | $1.9B |
负债/权益比CSWPCOR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $114.9M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $109.2M |
| 自由现金流率自由现金流/营收 | 9.8% | 31.3% |
| 资本支出强度资本支出/营收 | 2.6% | 1.6% |
| 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 | $282.2M |
8季度趋势，按日历期对齐
经营现金流CSWPCOR
| Q4 25 | $28.9M | $114.9M | ||
| Q3 25 | $61.8M | $88.5M | ||
| Q2 25 | $60.6M | $30.8M | ||
| Q1 25 | $27.3M | $66.0M | ||
| Q4 24 | $11.6M | $29.1M | ||
| Q3 24 | $66.8M | $39.3M | ||
| Q2 24 | $62.7M | $58.7M | ||
| Q1 24 | $22.4M | $69.1M |
自由现金流CSWPCOR
| Q4 25 | $22.7M | $109.2M | ||
| Q3 25 | $58.7M | $83.1M | ||
| Q2 25 | $57.7M | $27.9M | ||
| Q1 25 | $22.8M | $62.0M | ||
| Q4 24 | $8.5M | $17.4M | ||
| Q3 24 | $61.3M | $35.7M | ||
| Q2 24 | $59.6M | $56.8M | ||
| Q1 24 | $17.5M | $67.1M |
自由现金流率CSWPCOR
| Q4 25 | 9.8% | 31.3% | ||
| Q3 25 | 21.2% | 24.5% | ||
| Q2 25 | 21.9% | 8.6% | ||
| Q1 25 | 9.9% | 20.0% | ||
| Q4 24 | 4.4% | 5.8% | ||
| Q3 24 | 26.9% | 12.1% | ||
| Q2 24 | 26.3% | 20.0% | ||
| Q1 24 | 8.3% | 24.9% |
资本支出强度CSWPCOR
| Q4 25 | 2.6% | 1.6% | ||
| Q3 25 | 1.1% | 1.6% | ||
| Q2 25 | 1.1% | 0.9% | ||
| Q1 25 | 2.0% | 1.3% | ||
| Q4 24 | 1.6% | 3.9% | ||
| Q3 24 | 2.4% | 1.2% | ||
| Q2 24 | 1.4% | 0.7% | ||
| Q1 24 | 2.3% | 0.8% |
现金转化率CSWPCOR
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| 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% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
