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弗雷斯特研究公司（FORR）与Star Equity Holdings, Inc.（STRR）财务数据对比。点击上方公司名可切换其他公司
弗雷斯特研究公司的季度营收约是Star Equity Holdings, Inc.的1.8倍（$101.1M vs $56.8M），Star Equity Holdings, Inc.净利率更高（-3.0% vs -33.5%，领先30.5%），Star Equity Holdings, Inc.同比增速更快（69.0% vs -6.5%），弗雷斯特研究公司自由现金流更多（$-4.3M vs $-9.0M），过去两年Star Equity Holdings, Inc.的营收复合增速更高（29.5% vs 0.5%）
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。
该公司信息存在混淆，Stars Equity Holdings, Inc.为一家投资控股企业，而描述提及的Artists Equity是由本·阿弗莱克和马特·达蒙两位演员兼制片人于2022年11月创立的美国制片公司。
FORR vs STRR — 直观对比
营收规模更大
FORR
是对方的1.8倍
$56.8M
营收增速更快
STRR
高出75.5%
-6.5%
净利率更高
STRR
高出30.5%
-33.5%
自由现金流更多
FORR
多$4.7M
$-9.0M
两年增速更快
STRR
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $56.8M |
| 净利润 | $-33.9M | $-1.7M |
| 毛利率 | 56.7% | — |
| 营业利润率 | -36.6% | -0.2% |
| 净利率 | -33.5% | -3.0% |
| 营收同比 | -6.5% | 69.0% |
| 净利润同比 | -7941.4% | -192.1% |
| 每股收益（稀释后） | $-1.75 | $-0.49 |
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FORRSTRR
| Q4 25 | $101.1M | $56.8M | ||
| Q3 25 | $94.3M | $48.0M | ||
| Q2 25 | $111.7M | $35.5M | ||
| Q1 25 | $89.9M | $31.9M | ||
| Q4 24 | $108.0M | $33.6M | ||
| Q3 24 | $102.5M | $36.9M | ||
| Q2 24 | $121.8M | $35.7M | ||
| Q1 24 | $100.1M | $33.9M |
净利润FORRSTRR
| Q4 25 | $-33.9M | $-1.7M | ||
| Q3 25 | $-2.1M | $-1.8M | ||
| Q2 25 | $3.9M | $-688.0K | ||
| Q1 25 | $-87.3M | $-1.8M | ||
| Q4 24 | $432.0K | $-585.0K | ||
| Q3 24 | $-5.8M | $-846.0K | ||
| Q2 24 | $6.3M | $-441.0K | ||
| Q1 24 | $-6.7M | $-2.9M |
毛利率FORRSTRR
| Q4 25 | 56.7% | — | ||
| Q3 25 | 60.0% | 43.0% | ||
| Q2 25 | 55.5% | — | ||
| Q1 25 | 55.9% | — | ||
| Q4 24 | 58.8% | — | ||
| Q3 24 | 60.5% | 50.5% | ||
| Q2 24 | 57.3% | — | ||
| Q1 24 | 54.9% | — |
营业利润率FORRSTRR
| Q4 25 | -36.6% | -0.2% | ||
| Q3 25 | 4.7% | -3.4% | ||
| Q2 25 | 6.2% | -0.6% | ||
| Q1 25 | -97.5% | -5.4% | ||
| Q4 24 | -0.5% | -0.4% | ||
| Q3 24 | -0.7% | -1.2% | ||
| Q2 24 | 9.3% | -0.5% | ||
| Q1 24 | -9.3% | -9.0% |
净利率FORRSTRR
| Q4 25 | -33.5% | -3.0% | ||
| Q3 25 | -2.3% | -3.7% | ||
| Q2 25 | 3.5% | -1.9% | ||
| Q1 25 | -97.1% | -5.5% | ||
| Q4 24 | 0.4% | -1.7% | ||
| Q3 24 | -5.7% | -2.3% | ||
| Q2 24 | 5.2% | -1.2% | ||
| Q1 24 | -6.7% | -8.6% |
每股收益（稀释后）FORRSTRR
| Q4 25 | $-1.75 | $-0.49 | ||
| Q3 25 | $-0.11 | $-0.54 | ||
| Q2 25 | $0.20 | $-0.23 | ||
| Q1 25 | $-4.62 | $-0.59 | ||
| Q4 24 | $0.02 | $-0.21 | ||
| Q3 24 | $-0.30 | $-0.28 | ||
| Q2 24 | $0.33 | $-0.15 | ||
| Q1 24 | $-0.35 | $-0.95 |
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 | $10.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $65.7M |
| 总资产 | $404.0M | $113.2M |
| 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FORRSTRR
| Q4 25 | $63.3M | $10.3M | ||
| Q3 25 | $65.1M | $15.4M | ||
| Q2 25 | $67.8M | $16.8M | ||
| Q1 25 | $75.6M | $16.6M | ||
| Q4 24 | $56.1M | $17.0M | ||
| Q3 24 | $62.8M | $15.8M | ||
| Q2 24 | $58.9M | $14.7M | ||
| Q1 24 | $61.4M | $20.4M |
总债务FORRSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FORRSTRR
| Q4 25 | $126.5M | $65.7M | ||
| Q3 25 | $157.7M | $67.8M | ||
| Q2 25 | $159.5M | $40.1M | ||
| Q1 25 | $147.4M | $39.5M | ||
| Q4 24 | $229.5M | $40.4M | ||
| Q3 24 | $234.3M | $42.9M | ||
| Q2 24 | $237.1M | $42.6M | ||
| Q1 24 | $230.9M | $44.3M |
总资产FORRSTRR
| Q4 25 | $404.0M | $113.2M | ||
| Q3 25 | $414.2M | $117.1M | ||
| Q2 25 | $436.0M | $55.6M | ||
| Q1 25 | $439.8M | $53.2M | ||
| Q4 24 | $503.9M | $52.6M | ||
| Q3 24 | $505.3M | $52.6M | ||
| Q2 24 | $524.2M | $52.6M | ||
| Q1 24 | $555.7M | $52.6M |
负债/权益比FORRSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| 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 | $-3.2M | $-7.3M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $-9.0M |
| 自由现金流率自由现金流/营收 | -4.2% | -15.8% |
| 资本支出强度资本支出/营收 | 1.1% | 3.0% |
| 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 | $-13.0M |
8季度趋势，按日历期对齐
经营现金流FORRSTRR
| Q4 25 | $-3.2M | $-7.3M | ||
| Q3 25 | $1.2M | $-2.7M | ||
| Q2 25 | $-3.6M | $139.0K | ||
| Q1 25 | $26.7M | $-802.0K | ||
| Q4 24 | $-1.8M | $-2.8M | ||
| Q3 24 | $264.0K | $1.3M | ||
| Q2 24 | $-2.9M | $-4.3M | ||
| Q1 24 | $611.0K | $-1.8M |
自由现金流FORRSTRR
| Q4 25 | $-4.3M | $-9.0M | ||
| Q3 25 | $524.0K | $-3.4M | ||
| Q2 25 | $-4.2M | $102.0K | ||
| Q1 25 | $26.1M | $-808.0K | ||
| Q4 24 | $-2.5M | $-2.8M | ||
| Q3 24 | $-223.0K | $1.3M | ||
| Q2 24 | $-3.7M | $-4.3M | ||
| Q1 24 | $-815.0K | $-1.8M |
自由现金流率FORRSTRR
| Q4 25 | -4.2% | -15.8% | ||
| Q3 25 | 0.6% | -7.0% | ||
| Q2 25 | -3.8% | 0.3% | ||
| Q1 25 | 29.0% | -2.5% | ||
| Q4 24 | -2.3% | -8.3% | ||
| Q3 24 | -0.2% | 3.4% | ||
| Q2 24 | -3.1% | -12.0% | ||
| Q1 24 | -0.8% | -5.3% |
资本支出强度FORRSTRR
| Q4 25 | 1.1% | 3.0% | ||
| Q3 25 | 0.7% | 1.3% | ||
| Q2 25 | 0.5% | 0.1% | ||
| Q1 25 | 0.7% | 0.0% | ||
| Q4 24 | 0.6% | 0.1% | ||
| Q3 24 | 0.5% | 0.0% | ||
| Q2 24 | 0.7% | 0.0% | ||
| Q1 24 | 1.4% | 0.0% |
现金转化率FORRSTRR
| 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% |
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
