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弗雷斯特研究公司（FORR）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是弗雷斯特研究公司的1.9倍（$188.3M vs $101.1M），BRC Group Holdings, Inc.净利率更高（47.9% vs -33.5%，领先81.5%），弗雷斯特研究公司同比增速更快（-6.5% vs -21.9%），过去两年弗雷斯特研究公司的营收复合增速更高（0.5% vs -15.4%）
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。
FORR vs RILY — 直观对比
营收规模更大
RILY
是对方的1.9倍
$101.1M
营收增速更快
FORR
高出15.4%
-21.9%
净利率更高
RILY
高出81.5%
-33.5%
两年增速更快
FORR
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $188.3M |
| 净利润 | $-33.9M | $90.3M |
| 毛利率 | 56.7% | 79.5% |
| 营业利润率 | -36.6% | 32.3% |
| 净利率 | -33.5% | 47.9% |
| 营收同比 | -6.5% | -21.9% |
| 净利润同比 | -7941.4% | 1710.8% |
| 每股收益（稀释后） | $-1.75 | $2.78 |
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FORRRILY
| Q4 25 | $101.1M | $188.3M | ||
| Q3 25 | $94.3M | $215.3M | ||
| Q2 25 | $111.7M | $188.2M | ||
| Q1 25 | $89.9M | $197.2M | ||
| Q4 24 | $108.0M | $241.0M | ||
| Q3 24 | $102.5M | $225.5M | ||
| Q2 24 | $121.8M | $256.0M | ||
| Q1 24 | $100.1M | $263.4M |
净利润FORRRILY
| Q4 25 | $-33.9M | $90.3M | ||
| Q3 25 | $-2.1M | $91.1M | ||
| Q2 25 | $3.9M | $139.5M | ||
| Q1 25 | $-87.3M | $-10.0M | ||
| Q4 24 | $432.0K | $-5.6M | ||
| Q3 24 | $-5.8M | $-284.4M | ||
| Q2 24 | $6.3M | $-433.6M | ||
| Q1 24 | $-6.7M | $-49.2M |
毛利率FORRRILY
| Q4 25 | 56.7% | 79.5% | ||
| Q3 25 | 60.0% | 83.7% | ||
| Q2 25 | 55.5% | 81.3% | ||
| Q1 25 | 55.9% | 81.4% | ||
| Q4 24 | 58.8% | 79.8% | ||
| Q3 24 | 60.5% | 82.1% | ||
| Q2 24 | 57.3% | 84.5% | ||
| Q1 24 | 54.9% | 85.3% |
营业利润率FORRRILY
| Q4 25 | -36.6% | 32.3% | ||
| Q3 25 | 4.7% | 30.4% | ||
| Q2 25 | 6.2% | 5.7% | ||
| Q1 25 | -97.5% | -31.2% | ||
| Q4 24 | -0.5% | -69.2% | ||
| Q3 24 | -0.7% | -36.4% | ||
| Q2 24 | 9.3% | -90.8% | ||
| Q1 24 | -9.3% | -6.1% |
净利率FORRRILY
| Q4 25 | -33.5% | 47.9% | ||
| Q3 25 | -2.3% | 42.3% | ||
| Q2 25 | 3.5% | 74.1% | ||
| Q1 25 | -97.1% | -5.1% | ||
| Q4 24 | 0.4% | -2.3% | ||
| Q3 24 | -5.7% | -126.1% | ||
| Q2 24 | 5.2% | -169.4% | ||
| Q1 24 | -6.7% | -18.7% |
每股收益（稀释后）FORRRILY
| Q4 25 | $-1.75 | $2.78 | ||
| Q3 25 | $-0.11 | $2.91 | ||
| Q2 25 | $0.20 | $4.50 | ||
| Q1 25 | $-4.62 | $-0.39 | ||
| Q4 24 | $0.02 | $-0.01 | ||
| Q3 24 | $-0.30 | $-9.39 | ||
| Q2 24 | $0.33 | $-14.35 | ||
| Q1 24 | $-0.35 | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $126.5M | $-171.5M |
| 总资产 | $404.0M | $1.7B |
| 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FORRRILY
| Q4 25 | $63.3M | $226.6M | ||
| Q3 25 | $65.1M | $184.2M | ||
| Q2 25 | $67.8M | $267.4M | ||
| Q1 25 | $75.6M | $138.3M | ||
| Q4 24 | $56.1M | $146.9M | ||
| Q3 24 | $62.8M | $159.2M | ||
| Q2 24 | $58.9M | $236.9M | ||
| Q1 24 | $61.4M | $190.7M |
总债务FORRRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FORRRILY
| Q4 25 | $126.5M | $-171.5M | ||
| Q3 25 | $157.7M | $-260.5M | ||
| Q2 25 | $159.5M | $-351.7M | ||
| Q1 25 | $147.4M | $-496.8M | ||
| Q4 24 | $229.5M | $-488.2M | ||
| Q3 24 | $234.3M | $-497.6M | ||
| Q2 24 | $237.1M | $-218.3M | ||
| Q1 24 | $230.9M | $228.4M |
总资产FORRRILY
| Q4 25 | $404.0M | $1.7B | ||
| Q3 25 | $414.2M | $1.7B | ||
| Q2 25 | $436.0M | $1.5B | ||
| Q1 25 | $439.8M | $1.5B | ||
| Q4 24 | $503.9M | $1.8B | ||
| Q3 24 | $505.3M | $2.2B | ||
| Q2 24 | $524.2M | $3.2B | ||
| Q1 24 | $555.7M | $5.0B |
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 | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | — |
| 自由现金流率自由现金流/营收 | -4.2% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 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FORRRILY
| Q4 25 | $-3.2M | $26.2M | ||
| Q3 25 | $1.2M | $-60.6M | ||
| Q2 25 | $-3.6M | $-25.6M | ||
| Q1 25 | $26.7M | $184.0K | ||
| Q4 24 | $-1.8M | $-2.7M | ||
| Q3 24 | $264.0K | $19.5M | ||
| Q2 24 | $-2.9M | $111.5M | ||
| Q1 24 | $611.0K | $135.4M |
自由现金流FORRRILY
| Q4 25 | $-4.3M | — | ||
| Q3 25 | $524.0K | — | ||
| Q2 25 | $-4.2M | — | ||
| Q1 25 | $26.1M | — | ||
| Q4 24 | $-2.5M | — | ||
| Q3 24 | $-223.0K | — | ||
| Q2 24 | $-3.7M | — | ||
| Q1 24 | $-815.0K | — |
自由现金流率FORRRILY
| Q4 25 | -4.2% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | -3.8% | — | ||
| Q1 25 | 29.0% | — | ||
| Q4 24 | -2.3% | — | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | -3.1% | — | ||
| Q1 24 | -0.8% | — |
资本支出强度FORRRILY
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 1.4% | — |
现金转化率FORRRILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | -0.93× | -0.18× | ||
| 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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
