vs
CARVANA CO.（CVNA）与TIGO ENERGY, INC.（TYGO）财务数据对比。点击上方公司名可切换其他公司
TIGO ENERGY, INC.的季度营收约是CARVANA CO.的1.7倍（$9.2B vs $5.6B），CARVANA CO.自由现金流更多（$379.0M vs $-39.3M）
Carvana Co.是总部位于美国亚利桑那州坦佩市的线上二手车零售企业，主打线上一站式购车服务，2021年成功入选《财富》500强榜单，是该榜单有史以来最年轻的上榜企业之一。
Tigo Energy是一家美国企业，总部位于加利福尼亚州洛斯加托斯，专注服务光伏领域的安装商、经销商与原始设备制造商，主打产品与技术包括组件级功率优化器及智能组件功率电子器件，同时也为行业客户提供配套软件与相关服务。
CVNA vs TYGO — 直观对比
营收规模更大
TYGO
是对方的1.7倍
$5.6B
自由现金流更多
CVNA
多$418.3M
$-39.3M
损益表 — Q4 FY2025 vs Q4 FY2023
| 指标 | | |
|---|---|---|
| 营收 | $5.6B | $9.2B |
| 净利润 | $857.0M | — |
| 毛利率 | 18.8% | 0.0% |
| 营业利润率 | 7.6% | — |
| 净利率 | 15.3% | — |
| 营收同比 | 58.0% | — |
| 净利润同比 | 984.8% | -1736.1% |
| 每股收益（稀释后） | — | — |
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CVNATYGO
| Q4 25 | $5.6B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.1B | — |
净利润CVNATYGO
| Q4 25 | $857.0M | — | ||
| Q3 25 | $151.0M | — | ||
| Q2 25 | $183.0M | — | ||
| Q1 25 | $216.0M | — | ||
| Q4 24 | $79.0M | — | ||
| Q3 24 | $85.0M | — | ||
| Q2 24 | $18.0M | — | ||
| Q1 24 | $28.0M | — |
毛利率CVNATYGO
| Q4 25 | 18.8% | — | ||
| Q3 25 | 20.3% | — | ||
| Q2 25 | 22.0% | — | ||
| Q1 25 | 22.0% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 22.1% | — | ||
| Q2 24 | 21.0% | — | ||
| Q1 24 | 19.3% | — |
营业利润率CVNATYGO
| Q4 25 | 7.6% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 10.6% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | 7.3% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 7.6% | — | ||
| Q1 24 | 4.4% | — |
净利率CVNATYGO
| Q4 25 | 15.3% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | 2.3% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.9% | — |
每股收益（稀释后）CVNATYGO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $0.24 | — |
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 | $2.3B | $31.2M |
| 总债务越低越好 | $4.9B | $50.0M |
| 股东权益账面价值 | $3.4B | $62.8M |
| 总资产 | $13.2B | $127.8M |
| 负债/权益比越低杠杆越低 | 1.43× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资CVNATYGO
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $871.0M | — | ||
| Q2 24 | $542.0M | — | ||
| Q1 24 | $252.0M | — |
总债务CVNATYGO
| Q4 25 | $4.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CVNATYGO
| Q4 25 | $3.4B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $611.0M | — | ||
| Q2 24 | $526.0M | — | ||
| Q1 24 | $289.0M | — |
总资产CVNATYGO
| Q4 25 | $13.2B | — | ||
| Q3 25 | $9.9B | — | ||
| Q2 25 | $9.4B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $7.0B | — |
负债/权益比CVNATYGO
| Q4 25 | 1.43× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.20× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $430.0M | $-37.2M |
| 自由现金流经营现金流 - 资本支出 | $379.0M | $-39.3M |
| 自由现金流率自由现金流/营收 | 6.8% | -0.4% |
| 资本支出强度资本支出/营收 | 0.9% | 0.0% |
| 现金转化率经营现金流/净利润 | 0.50× | — |
| 过去12个月自由现金流最近4个季度 | $889.0M | $-70.6M |
8季度趋势，按日历期对齐
经营现金流CVNATYGO
| Q4 25 | $430.0M | — | ||
| Q3 25 | $345.0M | — | ||
| Q2 25 | $29.0M | — | ||
| Q1 25 | $232.0M | — | ||
| Q4 24 | $60.0M | — | ||
| Q3 24 | $403.0M | — | ||
| Q2 24 | $354.0M | — | ||
| Q1 24 | $101.0M | — |
自由现金流CVNATYGO
| Q4 25 | $379.0M | — | ||
| Q3 25 | $307.0M | — | ||
| Q2 25 | $-2.0M | — | ||
| Q1 25 | $205.0M | — | ||
| Q4 24 | $36.0M | — | ||
| Q3 24 | $376.0M | — | ||
| Q2 24 | $332.0M | — | ||
| Q1 24 | $83.0M | — |
自由现金流率CVNATYGO
| Q4 25 | 6.8% | — | ||
| Q3 25 | 5.4% | — | ||
| Q2 25 | -0.0% | — | ||
| Q1 25 | 4.8% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 10.3% | — | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | 2.7% | — |
资本支出强度CVNATYGO
| Q4 25 | 0.9% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.6% | — |
现金转化率CVNATYGO
| Q4 25 | 0.50× | — | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | 1.07× | — | ||
| Q4 24 | 0.76× | — | ||
| Q3 24 | 4.74× | — | ||
| Q2 24 | 19.67× | — | ||
| Q1 24 | 3.61× | — |
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
CVNA
| Used Vehicle Sales | $4.2B | 74% |
| Wholesale Sales And Revenues | $988.0M | 18% |
| Other | $459.0M | 8% |
TYGO
暂无分部数据
