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弗雷斯特研究公司（FORR）与ZIPRECRUITER, INC.（ZIP）财务数据对比。点击上方公司名可切换其他公司
ZIPRECRUITER, INC.的季度营收约是弗雷斯特研究公司的1.1倍（$111.7M vs $101.1M），ZIPRECRUITER, INC.净利率更高（-0.7% vs -33.5%，领先32.8%），ZIPRECRUITER, INC.同比增速更快（0.6% vs -6.5%），ZIPRECRUITER, INC.自由现金流更多（$7.6M 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 -4.4%）
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。
ZipRecruiter, Inc.是一家美国线上招聘平台企业，主打面向求职者与招聘方的求职招聘匹配服务，为双方提供高效对接的人才服务市场，帮助求职者快速找到适配岗位，也助力企业高效完成招聘需求。
FORR vs ZIP — 直观对比
营收规模更大
ZIP
是对方的1.1倍
$101.1M
营收增速更快
ZIP
高出7.1%
-6.5%
净利率更高
ZIP
高出32.8%
-33.5%
自由现金流更多
ZIP
多$11.9M
$-4.3M
两年增速更快
FORR
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $111.7M |
| 净利润 | $-33.9M | $-835.0K |
| 毛利率 | 56.7% | 89.1% |
| 营业利润率 | -36.6% | 3.6% |
| 净利率 | -33.5% | -0.7% |
| 营收同比 | -6.5% | 0.6% |
| 净利润同比 | -7941.4% | 92.3% |
| 每股收益（稀释后） | $-1.75 | $-0.03 |
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FORRZIP
| Q4 25 | $101.1M | $111.7M | ||
| Q3 25 | $94.3M | $115.0M | ||
| Q2 25 | $111.7M | $112.2M | ||
| Q1 25 | $89.9M | $110.1M | ||
| Q4 24 | $108.0M | $111.0M | ||
| Q3 24 | $102.5M | $117.1M | ||
| Q2 24 | $121.8M | $123.7M | ||
| Q1 24 | $100.1M | $122.2M |
净利润FORRZIP
| Q4 25 | $-33.9M | $-835.0K | ||
| Q3 25 | $-2.1M | $-9.8M | ||
| Q2 25 | $3.9M | $-9.5M | ||
| Q1 25 | $-87.3M | $-12.8M | ||
| Q4 24 | $432.0K | $-10.8M | ||
| Q3 24 | $-5.8M | $-2.6M | ||
| Q2 24 | $6.3M | $7.0M | ||
| Q1 24 | $-6.7M | $-6.5M |
毛利率FORRZIP
| Q4 25 | 56.7% | 89.1% | ||
| Q3 25 | 60.0% | 89.1% | ||
| Q2 25 | 55.5% | 89.3% | ||
| Q1 25 | 55.9% | 89.4% | ||
| Q4 24 | 58.8% | 89.6% | ||
| Q3 24 | 60.5% | 89.4% | ||
| Q2 24 | 57.3% | 89.5% | ||
| Q1 24 | 54.9% | 89.1% |
营业利润率FORRZIP
| Q4 25 | -36.6% | 3.6% | ||
| Q3 25 | 4.7% | -4.4% | ||
| Q2 25 | 6.2% | -5.9% | ||
| Q1 25 | -97.5% | -10.6% | ||
| Q4 24 | -0.5% | -3.6% | ||
| Q3 24 | -0.7% | -2.8% | ||
| Q2 24 | 9.3% | 7.6% | ||
| Q1 24 | -9.3% | -0.7% |
净利率FORRZIP
| Q4 25 | -33.5% | -0.7% | ||
| Q3 25 | -2.3% | -8.5% | ||
| Q2 25 | 3.5% | -8.5% | ||
| Q1 25 | -97.1% | -11.7% | ||
| Q4 24 | 0.4% | -9.7% | ||
| Q3 24 | -5.7% | -2.2% | ||
| Q2 24 | 5.2% | 5.7% | ||
| Q1 24 | -6.7% | -5.3% |
每股收益（稀释后）FORRZIP
| Q4 25 | $-1.75 | $-0.03 | ||
| Q3 25 | $-0.11 | $-0.11 | ||
| Q2 25 | $0.20 | $-0.10 | ||
| Q1 25 | $-4.62 | $-0.13 | ||
| Q4 24 | $0.02 | $-0.10 | ||
| Q3 24 | $-0.30 | $-0.03 | ||
| Q2 24 | $0.33 | $0.07 | ||
| Q1 24 | $-0.35 | $-0.07 |
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 | $188.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $-77.2M |
| 总资产 | $404.0M | $569.7M |
| 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FORRZIP
| Q4 25 | $63.3M | $188.0M | ||
| Q3 25 | $65.1M | $211.8M | ||
| Q2 25 | $67.8M | $203.5M | ||
| Q1 25 | $75.6M | $221.1M | ||
| Q4 24 | $56.1M | $218.4M | ||
| Q3 24 | $62.8M | $225.6M | ||
| Q2 24 | $58.9M | $271.7M | ||
| Q1 24 | $61.4M | $282.5M |
股东权益FORRZIP
| Q4 25 | $126.5M | $-77.2M | ||
| Q3 25 | $157.7M | $-76.1M | ||
| Q2 25 | $159.5M | $-65.9M | ||
| Q1 25 | $147.4M | $-11.3M | ||
| Q4 24 | $229.5M | $13.4M | ||
| Q3 24 | $234.3M | $13.6M | ||
| Q2 24 | $237.1M | $24.4M | ||
| Q1 24 | $230.9M | $12.7M |
总资产FORRZIP
| Q4 25 | $404.0M | $569.7M | ||
| Q3 25 | $414.2M | $573.6M | ||
| Q2 25 | $436.0M | $592.4M | ||
| Q1 25 | $439.8M | $629.4M | ||
| Q4 24 | $503.9M | $664.1M | ||
| Q3 24 | $505.3M | $652.0M | ||
| Q2 24 | $524.2M | $665.3M | ||
| Q1 24 | $555.7M | $662.4M |
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 | $7.7M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $7.6M |
| 自由现金流率自由现金流/营收 | -4.2% | 6.8% |
| 资本支出强度资本支出/营收 | 1.1% | 0.1% |
| 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 | $9.9M |
8季度趋势，按日历期对齐
经营现金流FORRZIP
| Q4 25 | $-3.2M | $7.7M | ||
| Q3 25 | $1.2M | $2.6M | ||
| Q2 25 | $-3.6M | $10.5M | ||
| Q1 25 | $26.7M | $-9.9M | ||
| Q4 24 | $-1.8M | $12.5M | ||
| Q3 24 | $264.0K | $9.3M | ||
| Q2 24 | $-2.9M | $21.9M | ||
| Q1 24 | $611.0K | $2.0M |
自由现金流FORRZIP
| Q4 25 | $-4.3M | $7.6M | ||
| Q3 25 | $524.0K | $2.2M | ||
| Q2 25 | $-4.2M | $10.2M | ||
| Q1 25 | $26.1M | $-10.2M | ||
| Q4 24 | $-2.5M | $12.0M | ||
| Q3 24 | $-223.0K | $9.2M | ||
| Q2 24 | $-3.7M | $21.7M | ||
| Q1 24 | $-815.0K | $1.9M |
自由现金流率FORRZIP
| Q4 25 | -4.2% | 6.8% | ||
| Q3 25 | 0.6% | 1.9% | ||
| Q2 25 | -3.8% | 9.1% | ||
| Q1 25 | 29.0% | -9.3% | ||
| Q4 24 | -2.3% | 10.8% | ||
| Q3 24 | -0.2% | 7.8% | ||
| Q2 24 | -3.1% | 17.6% | ||
| Q1 24 | -0.8% | 1.6% |
资本支出强度FORRZIP
| Q4 25 | 1.1% | 0.1% | ||
| Q3 25 | 0.7% | 0.3% | ||
| Q2 25 | 0.5% | 0.3% | ||
| Q1 25 | 0.7% | 0.3% | ||
| Q4 24 | 0.6% | 0.4% | ||
| Q3 24 | 0.5% | 0.2% | ||
| Q2 24 | 0.7% | 0.1% | ||
| Q1 24 | 1.4% | 0.1% |
现金转化率FORRZIP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.93× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -4.24× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.46× | 3.12× | ||
| 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% |
ZIP
| License | $84.3M | 75% |
| Services | $27.4M | 25% |
