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弗雷斯特研究公司（FORR）与Offerpad Solutions Inc.（OPAD）财务数据对比。点击上方公司名可切换其他公司
Offerpad Solutions Inc.的季度营收约是弗雷斯特研究公司的1.1倍（$114.1M vs $101.1M），弗雷斯特研究公司同比增速更快（-6.5% vs -34.5%），Offerpad Solutions Inc.自由现金流更多（$65.7M vs $-4.3M），过去两年弗雷斯特研究公司的营收复合增速更高（0.5% vs -36.8%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
Offerpad Solutions Inc是美国知名房地产科技企业，专注于简化住宅房产交易流程，采用iBuyer模式直接向卖家收购房屋，完成翻新后挂牌出售，同时提供按揭、产权服务、灵活搬迁方案等配套服务，业务覆盖美国数十个州。
FORR vs OPAD — 直观对比
营收规模更大
OPAD
是对方的1.1倍
$101.1M
营收增速更快
FORR
高出28.1%
-34.5%
自由现金流更多
OPAD
多$70.0M
$-4.3M
两年增速更快
FORR
近两年复合增速
-36.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $114.1M |
| 净利润 | $-33.9M | — |
| 毛利率 | 56.7% | 7.0% |
| 营业利润率 | -36.6% | — |
| 净利率 | -33.5% | — |
| 营收同比 | -6.5% | -34.5% |
| 净利润同比 | -7941.4% | 49.1% |
| 每股收益（稀释后） | $-1.75 | — |
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FORROPAD
| Q4 25 | $101.1M | $114.1M | ||
| Q3 25 | $94.3M | $132.7M | ||
| Q2 25 | $111.7M | $160.3M | ||
| Q1 25 | $89.9M | $160.7M | ||
| Q4 24 | $108.0M | $174.3M | ||
| Q3 24 | $102.5M | $208.1M | ||
| Q2 24 | $121.8M | $251.1M | ||
| Q1 24 | $100.1M | $285.4M |
净利润FORROPAD
| Q4 25 | $-33.9M | — | ||
| Q3 25 | $-2.1M | $-11.6M | ||
| Q2 25 | $3.9M | $-10.9M | ||
| Q1 25 | $-87.3M | $-15.1M | ||
| Q4 24 | $432.0K | $-17.3M | ||
| Q3 24 | $-5.8M | $-13.5M | ||
| Q2 24 | $6.3M | $-13.8M | ||
| Q1 24 | $-6.7M | $-17.5M |
毛利率FORROPAD
| Q4 25 | 56.7% | 7.0% | ||
| Q3 25 | 60.0% | 7.0% | ||
| Q2 25 | 55.5% | 8.9% | ||
| Q1 25 | 55.9% | 6.5% | ||
| Q4 24 | 58.8% | 6.1% | ||
| Q3 24 | 60.5% | 8.2% | ||
| Q2 24 | 57.3% | 8.7% | ||
| Q1 24 | 54.9% | 7.9% |
营业利润率FORROPAD
| Q4 25 | -36.6% | — | ||
| Q3 25 | 4.7% | -5.1% | ||
| Q2 25 | 6.2% | -4.9% | ||
| Q1 25 | -97.5% | -7.2% | ||
| Q4 24 | -0.5% | -7.8% | ||
| Q3 24 | -0.7% | -4.3% | ||
| Q2 24 | 9.3% | -3.9% | ||
| Q1 24 | -9.3% | -4.8% |
净利率FORROPAD
| Q4 25 | -33.5% | — | ||
| Q3 25 | -2.3% | -8.7% | ||
| Q2 25 | 3.5% | -6.8% | ||
| Q1 25 | -97.1% | -9.4% | ||
| Q4 24 | 0.4% | -9.9% | ||
| Q3 24 | -5.7% | -6.5% | ||
| Q2 24 | 5.2% | -5.5% | ||
| Q1 24 | -6.7% | -6.1% |
每股收益（稀释后）FORROPAD
| Q4 25 | $-1.75 | — | ||
| Q3 25 | $-0.11 | $-0.37 | ||
| Q2 25 | $0.20 | $-0.39 | ||
| Q1 25 | $-4.62 | $-0.55 | ||
| Q4 24 | $0.02 | $-0.64 | ||
| Q3 24 | $-0.30 | $-0.49 | ||
| Q2 24 | $0.33 | $-0.50 | ||
| Q1 24 | $-0.35 | $-0.64 |
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 | $63.3M | $26.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $38.2M |
| 总资产 | $404.0M | $154.8M |
| 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FORROPAD
| Q4 25 | $63.3M | $26.5M | ||
| Q3 25 | $65.1M | $31.0M | ||
| Q2 25 | $67.8M | $22.6M | ||
| Q1 25 | $75.6M | $30.8M | ||
| Q4 24 | $56.1M | $43.0M | ||
| Q3 24 | $62.8M | $48.5M | ||
| Q2 24 | $58.9M | $56.9M | ||
| Q1 24 | $61.4M | $68.5M |
股东权益FORROPAD
| Q4 25 | $126.5M | $38.2M | ||
| Q3 25 | $157.7M | $39.9M | ||
| Q2 25 | $159.5M | $24.5M | ||
| Q1 25 | $147.4M | $34.2M | ||
| Q4 24 | $229.5M | $47.7M | ||
| Q3 24 | $234.3M | $64.7M | ||
| Q2 24 | $237.1M | $77.6M | ||
| Q1 24 | $230.9M | $88.1M |
总资产FORROPAD
| Q4 25 | $404.0M | $154.8M | ||
| Q3 25 | $414.2M | $223.5M | ||
| Q2 25 | $436.0M | $268.0M | ||
| Q1 25 | $439.8M | $274.5M | ||
| Q4 24 | $503.9M | $313.1M | ||
| Q3 24 | $505.3M | $338.5M | ||
| Q2 24 | $524.2M | $406.6M | ||
| Q1 24 | $555.7M | $369.7M |
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 | $-3.2M | $66.8M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $65.7M |
| 自由现金流率自由现金流/营收 | -4.2% | 57.6% |
| 资本支出强度资本支出/营收 | 1.1% | 0.9% |
| 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 | $18.1M | — |
8季度趋势，按日历期对齐
经营现金流FORROPAD
| Q4 25 | $-3.2M | $66.8M | ||
| Q3 25 | $1.2M | $40.0M | ||
| Q2 25 | $-3.6M | $-13.5M | ||
| Q1 25 | $26.7M | $-10.2M | ||
| Q4 24 | $-1.8M | $20.8M | ||
| Q3 24 | $264.0K | $39.6M | ||
| Q2 24 | $-2.9M | $-54.4M | ||
| Q1 24 | $611.0K | $2.4M |
自由现金流FORROPAD
| Q4 25 | $-4.3M | $65.7M | ||
| Q3 25 | $524.0K | — | ||
| Q2 25 | $-4.2M | $-13.6M | ||
| Q1 25 | $26.1M | $-11.2M | ||
| Q4 24 | $-2.5M | $15.4M | ||
| Q3 24 | $-223.0K | $38.7M | ||
| Q2 24 | $-3.7M | $-54.4M | ||
| Q1 24 | $-815.0K | $2.0M |
自由现金流率FORROPAD
| Q4 25 | -4.2% | 57.6% | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | -3.8% | -8.5% | ||
| Q1 25 | 29.0% | -7.0% | ||
| Q4 24 | -2.3% | 8.9% | ||
| Q3 24 | -0.2% | 18.6% | ||
| Q2 24 | -3.1% | -21.7% | ||
| Q1 24 | -0.8% | 0.7% |
资本支出强度FORROPAD
| Q4 25 | 1.1% | 0.9% | ||
| Q3 25 | 0.7% | 0.0% | ||
| Q2 25 | 0.5% | 0.1% | ||
| Q1 25 | 0.7% | 0.6% | ||
| Q4 24 | 0.6% | 3.1% | ||
| Q3 24 | 0.5% | 0.4% | ||
| Q2 24 | 0.7% | 0.0% | ||
| Q1 24 | 1.4% | 0.1% |
现金转化率FORROPAD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.93× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -4.24× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.46× | — | ||
| Q1 24 | — | — |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
OPAD
暂无分部数据
