vs
微策略（MSTR）与COMSCORE, INC.（SCOR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是COMSCORE, INC.的1.3倍（$123.0M vs $93.5M），微策略同比增速更快（1.9% vs -1.5%），过去两年COMSCORE, INC.的营收复合增速更高（3.8% vs 3.3%）
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
Comscore是总部设于美国的全球媒体测量与分析企业，为企业、广告代理商、品牌营销方及媒体出版方提供专业营销数据与分析服务，在全球媒体行业和营销领域拥有广泛影响力。
MSTR vs SCOR — 直观对比
营收规模更大
MSTR
是对方的1.3倍
$93.5M
营收增速更快
MSTR
高出3.4%
-1.5%
两年增速更快
SCOR
近两年复合增速
3.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $123.0M | $93.5M |
| 净利润 | — | $3.0M |
| 毛利率 | 66.1% | 41.0% |
| 营业利润率 | — | 7.0% |
| 净利率 | — | 3.2% |
| 营收同比 | 1.9% | -1.5% |
| 净利润同比 | — | -3.7% |
| 每股收益（稀释后） | — | $9.50 |
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MSTRSCOR
| Q4 25 | $123.0M | $93.5M | ||
| Q3 25 | $128.7M | $88.9M | ||
| Q2 25 | $114.5M | $89.4M | ||
| Q1 25 | $111.1M | $85.7M | ||
| Q4 24 | $120.7M | $94.9M | ||
| Q3 24 | $116.1M | $88.5M | ||
| Q2 24 | $111.4M | $85.8M | ||
| Q1 24 | $115.2M | $86.8M |
净利润MSTRSCOR
| Q4 25 | — | $3.0M | ||
| Q3 25 | $2.8B | $453.0K | ||
| Q2 25 | $10.0B | $-9.5M | ||
| Q1 25 | $-4.2B | $-4.0M | ||
| Q4 24 | $-670.8M | $3.1M | ||
| Q3 24 | $-340.2M | $-60.6M | ||
| Q2 24 | $-102.6M | $-1.7M | ||
| Q1 24 | $-53.1M | $-1.1M |
毛利率MSTRSCOR
| Q4 25 | 66.1% | 41.0% | ||
| Q3 25 | 70.5% | 40.6% | ||
| Q2 25 | 68.8% | 40.6% | ||
| Q1 25 | 69.4% | 39.6% | ||
| Q4 24 | 71.7% | 42.4% | ||
| Q3 24 | 70.4% | 41.2% | ||
| Q2 24 | 72.2% | 39.5% | ||
| Q1 24 | 74.0% | 42.3% |
营业利润率MSTRSCOR
| Q4 25 | — | 7.0% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | -1.9% | ||
| Q1 25 | -5331.4% | -2.4% | ||
| Q4 24 | -842.1% | 4.1% | ||
| Q3 24 | -372.7% | -67.4% | ||
| Q2 24 | -179.7% | -2.2% | ||
| Q1 24 | -176.8% | -2.2% |
净利率MSTRSCOR
| Q4 25 | — | 3.2% | ||
| Q3 25 | 2164.1% | 0.5% | ||
| Q2 25 | 8752.7% | -10.6% | ||
| Q1 25 | -3797.2% | -4.7% | ||
| Q4 24 | -555.8% | 3.3% | ||
| Q3 24 | -293.1% | -68.5% | ||
| Q2 24 | -92.0% | -2.0% | ||
| Q1 24 | -46.1% | -1.2% |
每股收益（稀释后）MSTRSCOR
| Q4 25 | — | $9.50 | ||
| Q3 25 | $8.42 | $-0.86 | ||
| Q2 25 | $32.60 | $-2.73 | ||
| Q1 25 | $-16.49 | $-1.66 | ||
| Q4 24 | $4.49 | $-0.47 | ||
| Q3 24 | $-1.72 | $-12.79 | ||
| Q2 24 | $-0.57 | $-1.19 | ||
| Q1 24 | $-0.31 | $-1.08 |
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 | $2.3B | $23.6M |
| 总债务越低越好 | $8.2B | $41.5M |
| 股东权益账面价值 | $44.1B | $111.4M |
| 总资产 | $61.6B | $407.7M |
| 负债/权益比越低杠杆越低 | 0.19× | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资MSTRSCOR
| Q4 25 | $2.3B | $23.6M | ||
| Q3 25 | $54.3M | $26.7M | ||
| Q2 25 | $50.1M | $26.0M | ||
| Q1 25 | $60.3M | $31.0M | ||
| Q4 24 | $38.1M | $29.9M | ||
| Q3 24 | $46.3M | $20.0M | ||
| Q2 24 | $66.9M | $14.7M | ||
| Q1 24 | $81.3M | $18.7M |
总债务MSTRSCOR
| Q4 25 | $8.2B | $41.5M | ||
| Q3 25 | $8.2B | $41.4M | ||
| Q2 25 | $8.2B | $41.3M | ||
| Q1 25 | $8.1B | $41.3M | ||
| Q4 24 | $7.2B | $41.2M | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.6B | — |
股东权益MSTRSCOR
| Q4 25 | $44.1B | $111.4M | ||
| Q3 25 | $52.3B | $-26.3M | ||
| Q2 25 | $47.5B | $-21.7M | ||
| Q1 25 | $32.2B | $-13.5M | ||
| Q4 24 | $18.2B | $-8.3M | ||
| Q3 24 | $3.8B | $-2.7M | ||
| Q2 24 | $2.8B | $45.8M | ||
| Q1 24 | $2.4B | $51.4M |
总资产MSTRSCOR
| Q4 25 | $61.6B | $407.7M | ||
| Q3 25 | $73.6B | $406.9M | ||
| Q2 25 | $64.8B | $415.9M | ||
| Q1 25 | $43.9B | $421.5M | ||
| Q4 24 | $25.8B | $430.2M | ||
| Q3 24 | $8.3B | $412.5M | ||
| Q2 24 | $7.1B | $474.1M | ||
| Q1 24 | $6.4B | $477.7M |
负债/权益比MSTRSCOR
| Q4 25 | 0.19× | 0.37× | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.36× | — | ||
| Q1 24 | 1.48× | — |
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 |
| 自由现金流经营现金流 - 资本支出 | — | $2.9M |
| 自由现金流率自由现金流/营收 | — | 3.1% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.07× |
| 过去12个月自由现金流最近4个季度 | — | $21.8M |
8季度趋势，按日历期对齐
经营现金流MSTRSCOR
| Q4 25 | — | $3.2M | ||
| Q3 25 | $-8.3M | $9.5M | ||
| Q2 25 | $-34.9M | $932.0K | ||
| Q1 25 | $-2.4M | $9.1M | ||
| Q4 24 | $-17.3M | $-10.0M | ||
| Q3 24 | $-41.0M | $12.5M | ||
| Q2 24 | $-23.3M | $8.7M | ||
| Q1 24 | $28.6M | $6.9M |
自由现金流MSTRSCOR
| Q4 25 | — | $2.9M | ||
| Q3 25 | $-11.1M | $9.4M | ||
| Q2 25 | $-37.0M | $787.0K | ||
| Q1 25 | $-5.1M | $8.7M | ||
| Q4 24 | $-17.6M | $-10.3M | ||
| Q3 24 | $-41.4M | $12.4M | ||
| Q2 24 | $-24.1M | $8.5M | ||
| Q1 24 | $27.0M | $6.6M |
自由现金流率MSTRSCOR
| Q4 25 | — | 3.1% | ||
| Q3 25 | -8.6% | 10.5% | ||
| Q2 25 | -32.3% | 0.9% | ||
| Q1 25 | -4.6% | 10.1% | ||
| Q4 24 | -14.6% | -10.8% | ||
| Q3 24 | -35.7% | 14.0% | ||
| Q2 24 | -21.6% | 10.0% | ||
| Q1 24 | 23.5% | 7.6% |
资本支出强度MSTRSCOR
| Q4 25 | — | 0.3% | ||
| Q3 25 | 2.2% | 0.1% | ||
| Q2 25 | 1.8% | 0.2% | ||
| Q1 25 | 2.5% | 0.4% | ||
| Q4 24 | 0.2% | 0.2% | ||
| Q3 24 | 0.4% | 0.1% | ||
| Q2 24 | 0.6% | 0.2% | ||
| Q1 24 | 1.3% | 0.3% |
现金转化率MSTRSCOR
| Q4 25 | — | 1.07× | ||
| Q3 25 | -0.00× | 20.96× | ||
| Q2 25 | -0.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -3.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
MSTR
暂无分部数据
SCOR
| Transferred Over Time | $77.1M | 83% |
| Research Insight Solutions | $14.6M | 16% |
| Related Party | $2.5M | 3% |
