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Clearwater Analytics Holdings, Inc.（CWAN）与Resolute Holdings Management, Inc.（RHLD）财务数据对比。点击上方公司名可切换其他公司
Clearwater Analytics Holdings, Inc.的季度营收约是Resolute Holdings Management, Inc.的1.8倍（$217.5M vs $117.7M），Resolute Holdings Management, Inc.净利率更高（-1.5% vs -5.4%，领先3.9%），Resolute Holdings Management, Inc.自由现金流更多（$189.2M vs $52.3M）
Clearwater Analytics Holdings是美国SaaS金融科技企业，面向全球客户提供自动化投资会计、业绩测算、合规管理及风险报告服务。公司为公开上市企业，总部位于美国爱达荷州博伊西，在伦敦、爱丁堡、纽约、诺伊达多地设有分支机构。
Resolute Holdings Management, Inc.是一家澳大利亚矿业企业，核心业务布局于非洲地区，目前运营两座金矿，分别为位于马里的 Syama 金矿和塞内加尔的 Mako 金矿，专注于黄金资源的勘探、开采及相关运营管理工作。
CWAN vs RHLD — 直观对比
营收规模更大
CWAN
是对方的1.8倍
$117.7M
净利率更高
RHLD
高出3.9%
-5.4%
自由现金流更多
RHLD
多$136.9M
$52.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $217.5M | $117.7M |
| 净利润 | $-11.8M | $-1.7M |
| 毛利率 | 67.2% | 55.7% |
| 营业利润率 | -3.1% | 30.2% |
| 净利率 | -5.4% | -1.5% |
| 营收同比 | 72.0% | — |
| 净利润同比 | -102.8% | — |
| 每股收益（稀释后） | $-0.04 | $-0.20 |
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CWANRHLD
| Q4 25 | $217.5M | $117.7M | ||
| Q3 25 | $205.1M | $120.9M | ||
| Q2 25 | $181.9M | $119.6M | ||
| Q1 25 | $126.9M | $103.9M | ||
| Q4 24 | $126.5M | — | ||
| Q3 24 | $115.8M | — | ||
| Q2 24 | $106.8M | — | ||
| Q1 24 | $102.7M | — |
净利润CWANRHLD
| Q4 25 | $-11.8M | $-1.7M | ||
| Q3 25 | $-10.3M | $-231.0K | ||
| Q2 25 | $-23.2M | $-611.0K | ||
| Q1 25 | $6.5M | $-3.4M | ||
| Q4 24 | $419.3M | — | ||
| Q3 24 | $3.6M | — | ||
| Q2 24 | $-430.0K | — | ||
| Q1 24 | $1.9M | — |
毛利率CWANRHLD
| Q4 25 | 67.2% | 55.7% | ||
| Q3 25 | 65.6% | 59.0% | ||
| Q2 25 | 65.1% | 57.5% | ||
| Q1 25 | 73.3% | 52.5% | ||
| Q4 24 | 73.5% | — | ||
| Q3 24 | 72.9% | — | ||
| Q2 24 | 72.0% | — | ||
| Q1 24 | 72.6% | — |
营业利润率CWANRHLD
| Q4 25 | -3.1% | 30.2% | ||
| Q3 25 | 3.2% | 34.3% | ||
| Q2 25 | -8.0% | 34.0% | ||
| Q1 25 | 5.6% | 24.7% | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 6.3% | — | ||
| Q2 24 | 3.6% | — | ||
| Q1 24 | -0.2% | — |
净利率CWANRHLD
| Q4 25 | -5.4% | -1.5% | ||
| Q3 25 | -5.0% | -0.2% | ||
| Q2 25 | -12.8% | -0.5% | ||
| Q1 25 | 5.1% | -3.2% | ||
| Q4 24 | 331.5% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | -0.4% | — | ||
| Q1 24 | 1.8% | — |
每股收益（稀释后）CWANRHLD
| Q4 25 | $-0.04 | $-0.20 | ||
| Q3 25 | $-0.04 | $-0.03 | ||
| Q2 25 | $-0.09 | $-0.07 | ||
| Q1 25 | $0.03 | $-0.39 | ||
| Q4 24 | $1.65 | — | ||
| Q3 24 | $0.02 | — | ||
| Q2 24 | $0.00 | — | ||
| Q1 24 | $0.01 | — |
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 | $91.2M | $205.5M |
| 总债务越低越好 | $822.6M | $169.8M |
| 股东权益账面价值 | $2.0B | $6.5M |
| 总资产 | $3.0B | $333.4M |
| 负债/权益比越低杠杆越低 | 0.41× | 26.03× |
8季度趋势，按日历期对齐
现金及短期投资CWANRHLD
| Q4 25 | $91.2M | $205.5M | ||
| Q3 25 | $64.1M | $148.0M | ||
| Q2 25 | $71.9M | $99.9M | ||
| Q1 25 | $282.9M | $71.0M | ||
| Q4 24 | $255.5M | — | ||
| Q3 24 | $305.8M | — | ||
| Q2 24 | $257.9M | — | ||
| Q1 24 | $267.6M | — |
总债务CWANRHLD
| Q4 25 | $822.6M | $169.8M | ||
| Q3 25 | $838.9M | $173.4M | ||
| Q2 25 | $878.1M | $177.1M | ||
| Q1 25 | — | $180.7M | ||
| Q4 24 | $43.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CWANRHLD
| Q4 25 | $2.0B | $6.5M | ||
| Q3 25 | $2.0B | $10.8M | ||
| Q2 25 | $2.0B | $9.6M | ||
| Q1 25 | $1.1B | $8.9M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $403.2M | — | ||
| Q2 24 | $380.6M | — | ||
| Q1 24 | $406.2M | — |
总资产CWANRHLD
| Q4 25 | $3.0B | $333.4M | ||
| Q3 25 | $3.0B | $293.2M | ||
| Q2 25 | $3.0B | $253.3M | ||
| Q1 25 | $1.3B | $214.3M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $623.5M | — | ||
| Q2 24 | $585.1M | — | ||
| Q1 24 | $547.8M | — |
负债/权益比CWANRHLD
| Q4 25 | 0.41× | 26.03× | ||
| Q3 25 | 0.42× | 16.01× | ||
| Q2 25 | 0.45× | 18.42× | ||
| Q1 25 | — | 20.38× | ||
| Q4 24 | 0.04× | — | ||
| 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 | $55.3M | $196.1M |
| 自由现金流经营现金流 - 资本支出 | $52.3M | $189.2M |
| 自由现金流率自由现金流/营收 | 24.0% | 160.8% |
| 资本支出强度资本支出/营收 | 1.4% | 5.8% |
| 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 | $164.3M | $313.2M |
8季度趋势，按日历期对齐
经营现金流CWANRHLD
| Q4 25 | $55.3M | $196.1M | ||
| Q3 25 | $49.0M | $59.6M | ||
| Q2 25 | $47.1M | $48.9M | ||
| Q1 25 | $24.5M | $18.4M | ||
| Q4 24 | $-29.2M | — | ||
| Q3 24 | $49.6M | — | ||
| Q2 24 | $43.9M | — | ||
| Q1 24 | $10.0M | — |
自由现金流CWANRHLD
| Q4 25 | $52.3M | $189.2M | ||
| Q3 25 | $44.9M | $58.6M | ||
| Q2 25 | $44.1M | $47.5M | ||
| Q1 25 | $23.0M | $17.8M | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $48.1M | — | ||
| Q2 24 | $42.4M | — | ||
| Q1 24 | $8.6M | — |
自由现金流率CWANRHLD
| Q4 25 | 24.0% | 160.8% | ||
| Q3 25 | 21.9% | 48.5% | ||
| Q2 25 | 24.2% | 39.7% | ||
| Q1 25 | 18.2% | 17.1% | ||
| Q4 24 | -23.7% | — | ||
| Q3 24 | 41.5% | — | ||
| Q2 24 | 39.7% | — | ||
| Q1 24 | 8.4% | — |
资本支出强度CWANRHLD
| Q4 25 | 1.4% | 5.8% | ||
| Q3 25 | 2.0% | 0.8% | ||
| Q2 25 | 1.6% | 1.2% | ||
| Q1 25 | 1.2% | 0.6% | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 1.4% | — |
现金转化率CWANRHLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.76× | — | ||
| Q4 24 | -0.07× | — | ||
| Q3 24 | 13.66× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 5.29× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
