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Crexendo, Inc.（CXDO）与Live Nation Entertainment（LYV）财务数据对比。点击上方公司名可切换其他公司
Live Nation Entertainment的季度营收约是Crexendo, Inc.的349.6倍（$6.3B vs $18.1M）。Crexendo, Inc.净利率更高（6.7% vs -3.2%，领先9.9%）。Crexendo, Inc.同比增速更快（11.2% vs 11.1%）。过去两年Live Nation Entertainment的营收复合增速更高（28.9% vs 12.4%）
Crexendo, Inc.是一家总部位于美国的云通信技术供应商，主要面向北美市场的中小企业提供统一通信即服务、呼叫中心解决方案、商业VoIP服务及相关协同办公工具。
Live Nation Entertainment是美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并成立，旗下保留运营两大原有品牌。公司业务覆盖全球，主营现场娱乐活动宣发、票务销售，同时持有并运营多家娱乐场馆，还为音乐人提供艺人经纪管理服务。
CXDO vs LYV — 直观对比
营收规模更大
LYV
是对方的349.6倍
$18.1M
营收增速更快
CXDO
高出0.1%
11.1%
净利率更高
CXDO
高出9.9%
-3.2%
两年增速更快
LYV
近两年复合增速
12.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $18.1M | $6.3B |
| 净利润 | $1.2M | $-202.1M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | -2.3% |
| 净利率 | 6.7% | -3.2% |
| 营收同比 | 11.2% | 11.1% |
| 净利润同比 | 140.2% | -204.6% |
| 每股收益（稀释后） | $0.03 | $-1.06 |
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CXDOLYV
| Q4 25 | $18.1M | $6.3B | ||
| Q3 25 | $17.5M | $8.5B | ||
| Q2 25 | $16.6M | $7.0B | ||
| Q1 25 | $16.1M | $3.4B | ||
| Q4 24 | $16.2M | $5.7B | ||
| Q3 24 | $15.6M | $7.7B | ||
| Q2 24 | $14.7M | $6.0B | ||
| Q1 24 | $14.3M | $3.8B |
净利润CXDOLYV
| Q4 25 | $1.2M | $-202.1M | ||
| Q3 25 | $1.4M | $431.5M | ||
| Q2 25 | $1.2M | $243.4M | ||
| Q1 25 | $1.2M | $23.2M | ||
| Q4 24 | $507.0K | $193.2M | ||
| Q3 24 | $148.0K | $451.8M | ||
| Q2 24 | $588.0K | $298.0M | ||
| Q1 24 | $434.0K | $-46.7M |
营业利润率CXDOLYV
| Q4 25 | 6.3% | -2.3% | ||
| Q3 25 | 7.5% | 9.3% | ||
| Q2 25 | 6.7% | 6.9% | ||
| Q1 25 | 7.2% | 3.4% | ||
| Q4 24 | 3.9% | -4.3% | ||
| Q3 24 | 0.9% | 8.4% | ||
| Q2 24 | 3.9% | 7.7% | ||
| Q1 24 | 3.4% | -1.0% |
净利率CXDOLYV
| Q4 25 | 6.7% | -3.2% | ||
| Q3 25 | 8.3% | 5.1% | ||
| Q2 25 | 7.4% | 3.5% | ||
| Q1 25 | 7.3% | 0.7% | ||
| Q4 24 | 3.1% | 3.4% | ||
| Q3 24 | 0.9% | 5.9% | ||
| Q2 24 | 4.0% | 4.9% | ||
| Q1 24 | 3.0% | -1.2% |
每股收益（稀释后）CXDOLYV
| Q4 25 | $0.03 | $-1.06 | ||
| Q3 25 | $0.05 | $0.73 | ||
| Q2 25 | $0.04 | $0.41 | ||
| Q1 25 | $0.04 | $-0.32 | ||
| Q4 24 | $0.03 | $0.58 | ||
| Q3 24 | $0.00 | $1.66 | ||
| Q2 24 | $0.02 | $1.03 | ||
| Q1 24 | $0.01 | $-0.53 |
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 | — | $7.1B |
| 总债务越低越好 | $114.0K | $7.6B |
| 股东权益账面价值 | $63.8M | $271.0M |
| 总资产 | $77.7M | $22.9B |
| 负债/权益比越低杠杆越低 | 0.00× | 28.09× |
8季度趋势，按日历期对齐
现金及短期投资CXDOLYV
| Q4 25 | — | $7.1B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | — | $7.1B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $5.5B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.5B |
总债务CXDOLYV
| Q4 25 | $114.0K | $7.6B | ||
| Q3 25 | $236.0K | $6.1B | ||
| Q2 25 | $356.0K | $5.0B | ||
| Q1 25 | $475.0K | $5.9B | ||
| Q4 24 | $592.0K | $6.2B | ||
| Q3 24 | $709.0K | $5.7B | ||
| Q2 24 | $823.0K | $5.1B | ||
| Q1 24 | $937.0K | $5.1B |
股东权益CXDOLYV
| Q4 25 | $63.8M | $271.0M | ||
| Q3 25 | $61.3M | $521.3M | ||
| Q2 25 | $58.3M | $360.1M | ||
| Q1 25 | $55.2M | $106.0M | ||
| Q4 24 | $51.4M | $173.3M | ||
| Q3 24 | $49.5M | $288.0M | ||
| Q2 24 | $48.2M | $-43.3M | ||
| Q1 24 | $46.8M | $-114.8M |
总资产CXDOLYV
| Q4 25 | $77.7M | $22.9B | ||
| Q3 25 | $76.0M | $22.9B | ||
| Q2 25 | $71.4M | $23.2B | ||
| Q1 25 | $67.4M | $21.8B | ||
| Q4 24 | $64.9M | $19.6B | ||
| Q3 24 | $62.3M | $19.7B | ||
| Q2 24 | $59.6M | $20.5B | ||
| Q1 24 | $57.5M | $20.0B |
负债/权益比CXDOLYV
| Q4 25 | 0.00× | 28.09× | ||
| Q3 25 | 0.00× | 11.71× | ||
| Q2 25 | 0.01× | 13.86× | ||
| Q1 25 | 0.01× | 55.93× | ||
| Q4 24 | 0.01× | 35.65× | ||
| Q3 24 | 0.01× | 19.70× | ||
| Q2 24 | 0.02× | — | ||
| Q1 24 | 0.02× | — |
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 | $2.3M | $-53.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-405.6M |
| 自由现金流率自由现金流/营收 | — | -6.4% |
| 资本支出强度资本支出/营收 | 0.0% | 5.6% |
| 现金转化率经营现金流/净利润 | 1.93× | — |
| 过去12个月自由现金流最近4个季度 | — | $333.6M |
8季度趋势，按日历期对齐
经营现金流CXDOLYV
| Q4 25 | $2.3M | $-53.7M | ||
| Q3 25 | $4.4M | $-95.7M | ||
| Q2 25 | $1.3M | $223.5M | ||
| Q1 25 | $1.2M | $1.3B | ||
| Q4 24 | $2.2M | $1.0B | ||
| Q3 24 | $1.6M | $-720.9M | ||
| Q2 24 | $2.7M | $412.1M | ||
| Q1 24 | $-166.0K | $988.9M |
自由现金流CXDOLYV
| Q4 25 | — | $-405.6M | ||
| Q3 25 | — | $-371.3M | ||
| Q2 25 | $1.3M | $-39.9M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $2.1M | $890.2M | ||
| Q3 24 | — | $-879.0M | ||
| Q2 24 | — | $212.4M | ||
| Q1 24 | — | $854.8M |
自由现金流率CXDOLYV
| Q4 25 | — | -6.4% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | 7.7% | -0.6% | ||
| Q1 25 | — | 34.0% | ||
| Q4 24 | 13.2% | 15.7% | ||
| Q3 24 | — | -11.5% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 22.5% |
资本支出强度CXDOLYV
| Q4 25 | 0.0% | 5.6% | ||
| Q3 25 | 0.0% | 3.2% | ||
| Q2 25 | 0.1% | 3.8% | ||
| Q1 25 | 0.0% | 5.0% | ||
| Q4 24 | 0.2% | 2.7% | ||
| Q3 24 | 0.0% | 2.1% | ||
| Q2 24 | 0.0% | 3.3% | ||
| Q1 24 | 0.0% | 3.5% |
现金转化率CXDOLYV
| Q4 25 | 1.93× | — | ||
| Q3 25 | 3.05× | -0.22× | ||
| Q2 25 | 1.05× | 0.92× | ||
| Q1 25 | 1.06× | 56.94× | ||
| Q4 24 | 4.29× | 5.41× | ||
| Q3 24 | 10.95× | -1.60× | ||
| Q2 24 | 4.51× | 1.38× | ||
| Q1 24 | -0.38× | — |
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
CXDO
| Services | $8.6M | 48% |
| Software Solution Segment | $8.3M | 46% |
| Products | $1.1M | 6% |
LYV
| Concerts | $5.1B | 82% |
| Ticketing | $846.2M | 13% |
| Sponsorship And Advertising | $329.9M | 5% |
