vs
Clearwater Analytics Holdings, Inc.（CWAN）与ROGERS CORP（ROG）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ROGERS CORP的1.1倍（$217.5M vs $200.5M），ROGERS CORP净利率更高（2.2% vs -5.4%，领先7.7%），Clearwater Analytics Holdings, Inc.同比增速更快（72.0% vs 5.2%），Clearwater Analytics Holdings, Inc.自由现金流更多（$52.3M vs $1.1M），过去两年Clearwater Analytics Holdings, Inc.的营收复合增速更高（45.5% vs -3.3%）
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。
罗杰斯公司是一家专注于特种工程材料研发生产的企业，总部位于美国亚利桑那州钱德勒市，其产品广泛应用于先进电子、移动通信、清洁能源、航空航天等多个高科技领域，为全球客户提供高性能材料解决方案。
CWAN vs ROG — 直观对比
营收规模更大
CWAN
是对方的1.1倍
$200.5M
营收增速更快
CWAN
高出66.7%
5.2%
净利率更高
ROG
高出7.7%
-5.4%
自由现金流更多
CWAN
多$51.2M
$1.1M
两年增速更快
CWAN
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $217.5M | $200.5M |
| 净利润 | $-11.8M | $4.5M |
| 毛利率 | 67.2% | 32.2% |
| 营业利润率 | -3.1% | — |
| 净利率 | -5.4% | 2.2% |
| 营收同比 | 72.0% | 5.2% |
| 净利润同比 | -102.8% | 421.4% |
| 每股收益（稀释后） | $-0.04 | $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CWANROG
| Q1 26 | — | $200.5M | ||
| Q4 25 | $217.5M | $201.5M | ||
| Q3 25 | $205.1M | $216.0M | ||
| Q2 25 | $181.9M | $202.8M | ||
| Q1 25 | $126.9M | $190.5M | ||
| Q4 24 | $126.5M | $192.2M | ||
| Q3 24 | $115.8M | $210.3M | ||
| Q2 24 | $106.8M | $214.2M |
净利润CWANROG
| Q1 26 | — | $4.5M | ||
| Q4 25 | $-11.8M | $4.6M | ||
| Q3 25 | $-10.3M | $8.6M | ||
| Q2 25 | $-23.2M | $-73.6M | ||
| Q1 25 | $6.5M | $-1.4M | ||
| Q4 24 | $419.3M | $-500.0K | ||
| Q3 24 | $3.6M | $10.7M | ||
| Q2 24 | $-430.0K | $8.1M |
毛利率CWANROG
| Q1 26 | — | 32.2% | ||
| Q4 25 | 67.2% | 31.5% | ||
| Q3 25 | 65.6% | 33.5% | ||
| Q2 25 | 65.1% | 31.6% | ||
| Q1 25 | 73.3% | 29.9% | ||
| Q4 24 | 73.5% | 32.1% | ||
| Q3 24 | 72.9% | 35.2% | ||
| Q2 24 | 72.0% | 34.1% |
营业利润率CWANROG
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | 3.5% | ||
| Q3 25 | 3.2% | 7.3% | ||
| Q2 25 | -8.0% | -33.3% | ||
| Q1 25 | 5.6% | -0.2% | ||
| Q4 24 | 1.0% | -6.6% | ||
| Q3 24 | 6.3% | 6.9% | ||
| Q2 24 | 3.6% | 5.3% |
净利率CWANROG
| Q1 26 | — | 2.2% | ||
| Q4 25 | -5.4% | 2.3% | ||
| Q3 25 | -5.0% | 4.0% | ||
| Q2 25 | -12.8% | -36.3% | ||
| Q1 25 | 5.1% | -0.7% | ||
| Q4 24 | 331.5% | -0.3% | ||
| Q3 24 | 3.1% | 5.1% | ||
| Q2 24 | -0.4% | 3.8% |
每股收益（稀释后）CWANROG
| Q1 26 | — | $0.25 | ||
| Q4 25 | $-0.04 | $0.20 | ||
| Q3 25 | $-0.04 | $0.48 | ||
| Q2 25 | $-0.09 | $-4.00 | ||
| Q1 25 | $0.03 | $-0.08 | ||
| Q4 24 | $1.65 | $-0.04 | ||
| Q3 24 | $0.02 | $0.58 | ||
| Q2 24 | $0.00 | $0.44 |
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 | $195.8M |
| 总债务越低越好 | $822.6M | — |
| 股东权益账面价值 | $2.0B | $1.2B |
| 总资产 | $3.0B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.41× | — |
8季度趋势，按日历期对齐
现金及短期投资CWANROG
| Q1 26 | — | $195.8M | ||
| Q4 25 | $91.2M | $197.0M | ||
| Q3 25 | $64.1M | $167.8M | ||
| Q2 25 | $71.9M | $157.2M | ||
| Q1 25 | $282.9M | $175.6M | ||
| Q4 24 | $255.5M | $159.8M | ||
| Q3 24 | $305.8M | $146.4M | ||
| Q2 24 | $257.9M | $119.9M |
总债务CWANROG
| Q1 26 | — | — | ||
| Q4 25 | $822.6M | — | ||
| Q3 25 | $838.9M | — | ||
| Q2 25 | $878.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $43.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CWANROG
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $403.2M | $1.3B | ||
| Q2 24 | $380.6M | $1.3B |
总资产CWANROG
| Q1 26 | — | $1.4B | ||
| Q4 25 | $3.0B | $1.4B | ||
| Q3 25 | $3.0B | $1.4B | ||
| Q2 25 | $3.0B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $623.5M | $1.5B | ||
| Q2 24 | $585.1M | $1.5B |
负债/权益比CWANROG
| Q1 26 | — | — | ||
| Q4 25 | 0.41× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.45× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $52.3M | $1.1M |
| 自由现金流率自由现金流/营收 | 24.0% | 0.5% |
| 资本支出强度资本支出/营收 | 1.4% | 2.3% |
| 现金转化率经营现金流/净利润 | — | 1.29× |
| 过去12个月自由现金流最近4个季度 | $164.3M | $70.1M |
8季度趋势，按日历期对齐
经营现金流CWANROG
| Q1 26 | — | $5.8M | ||
| Q4 25 | $55.3M | $46.9M | ||
| Q3 25 | $49.0M | $28.9M | ||
| Q2 25 | $47.1M | $13.7M | ||
| Q1 25 | $24.5M | $11.7M | ||
| Q4 24 | $-29.2M | $33.7M | ||
| Q3 24 | $49.6M | $42.4M | ||
| Q2 24 | $43.9M | $22.9M |
自由现金流CWANROG
| Q1 26 | — | $1.1M | ||
| Q4 25 | $52.3M | $42.2M | ||
| Q3 25 | $44.9M | $21.2M | ||
| Q2 25 | $44.1M | $5.6M | ||
| Q1 25 | $23.0M | $2.1M | ||
| Q4 24 | $-30.0M | $18.3M | ||
| Q3 24 | $48.1M | $25.2M | ||
| Q2 24 | $42.4M | $8.8M |
自由现金流率CWANROG
| Q1 26 | — | 0.5% | ||
| Q4 25 | 24.0% | 20.9% | ||
| Q3 25 | 21.9% | 9.8% | ||
| Q2 25 | 24.2% | 2.8% | ||
| Q1 25 | 18.2% | 1.1% | ||
| Q4 24 | -23.7% | 9.5% | ||
| Q3 24 | 41.5% | 12.0% | ||
| Q2 24 | 39.7% | 4.1% |
资本支出强度CWANROG
| Q1 26 | — | 2.3% | ||
| Q4 25 | 1.4% | 2.3% | ||
| Q3 25 | 2.0% | 3.6% | ||
| Q2 25 | 1.6% | 4.0% | ||
| Q1 25 | 1.2% | 5.0% | ||
| Q4 24 | 0.6% | 8.0% | ||
| Q3 24 | 1.3% | 8.2% | ||
| Q2 24 | 1.4% | 6.6% |
现金转化率CWANROG
| Q1 26 | — | 1.29× | ||
| Q4 25 | — | 10.20× | ||
| Q3 25 | — | 3.36× | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.76× | — | ||
| Q4 24 | -0.07× | — | ||
| Q3 24 | 13.66× | 3.96× | ||
| Q2 24 | — | 2.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
