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微策略（MSTR）与VERRA MOBILITY Corp（VRRM）财务数据对比。点击上方公司名可切换其他公司
VERRA MOBILITY Corp的季度营收约是微策略的1.8倍（$223.6M vs $123.0M），微策略同比增速更快（1.9% vs 0.1%），过去两年微策略的营收复合增速更高（3.3% vs 0.3%）
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。
Verra Mobility Corp是全球领先的智慧出行技术解决方案提供商，业务涵盖收费管理、停车与交通合规执法、车联网服务及车队管理工具，服务对象包括政府交通部门、租车运营商、商业车队所有者及汽车行业合作伙伴，覆盖北美、欧洲及亚太市场。
MSTR vs VRRM — 直观对比
营收规模更大
VRRM
是对方的1.8倍
$123.0M
营收增速更快
MSTR
高出1.8%
0.1%
两年增速更快
MSTR
近两年复合增速
0.3%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $123.0M | $223.6M |
| 净利润 | — | $26.7M |
| 毛利率 | 66.1% | — |
| 营业利润率 | — | 23.2% |
| 净利率 | — | 12.0% |
| 营收同比 | 1.9% | 0.1% |
| 净利润同比 | — | -17.3% |
| 每股收益（稀释后） | — | $0.17 |
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MSTRVRRM
| Q1 26 | — | $223.6M | ||
| Q4 25 | $123.0M | $257.9M | ||
| Q3 25 | $128.7M | $261.9M | ||
| Q2 25 | $114.5M | $236.0M | ||
| Q1 25 | $111.1M | $223.3M | ||
| Q4 24 | $120.7M | $221.5M | ||
| Q3 24 | $116.1M | $225.6M | ||
| Q2 24 | $111.4M | $222.4M |
净利润MSTRVRRM
| Q1 26 | — | $26.7M | ||
| Q4 25 | — | $18.9M | ||
| Q3 25 | $2.8B | $46.8M | ||
| Q2 25 | $10.0B | $38.6M | ||
| Q1 25 | $-4.2B | $32.3M | ||
| Q4 24 | $-670.8M | $-66.7M | ||
| Q3 24 | $-340.2M | $34.7M | ||
| Q2 24 | $-102.6M | $34.2M |
毛利率MSTRVRRM
| Q1 26 | — | — | ||
| Q4 25 | 66.1% | — | ||
| Q3 25 | 70.5% | — | ||
| Q2 25 | 68.8% | — | ||
| Q1 25 | 69.4% | — | ||
| Q4 24 | 71.7% | — | ||
| Q3 24 | 70.4% | — | ||
| Q2 24 | 72.2% | — |
营业利润率MSTRVRRM
| Q1 26 | — | 23.2% | ||
| Q4 25 | — | 16.7% | ||
| Q3 25 | — | 28.6% | ||
| Q2 25 | — | 26.8% | ||
| Q1 25 | -5331.4% | 25.7% | ||
| Q4 24 | -842.1% | -19.6% | ||
| Q3 24 | -372.7% | 28.3% | ||
| Q2 24 | -179.7% | 27.5% |
净利率MSTRVRRM
| Q1 26 | — | 12.0% | ||
| Q4 25 | — | 7.3% | ||
| Q3 25 | 2164.1% | 17.9% | ||
| Q2 25 | 8752.7% | 16.3% | ||
| Q1 25 | -3797.2% | 14.5% | ||
| Q4 24 | -555.8% | -30.1% | ||
| Q3 24 | -293.1% | 15.4% | ||
| Q2 24 | -92.0% | 15.4% |
每股收益（稀释后）MSTRVRRM
| Q1 26 | — | $0.17 | ||
| Q4 25 | — | $0.12 | ||
| Q3 25 | $8.42 | $0.29 | ||
| Q2 25 | $32.60 | $0.24 | ||
| Q1 25 | $-16.49 | $0.20 | ||
| Q4 24 | $4.49 | $-0.39 | ||
| Q3 24 | $-1.72 | $0.21 | ||
| Q2 24 | $-0.57 | $0.20 |
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 | $46.9M |
| 总债务越低越好 | $8.2B | $34.1M |
| 股东权益账面价值 | $44.1B | $272.0M |
| 总资产 | $61.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.19× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资MSTRVRRM
| Q1 26 | — | $46.9M | ||
| Q4 25 | $2.3B | $65.3M | ||
| Q3 25 | $54.3M | $196.1M | ||
| Q2 25 | $50.1M | $147.7M | ||
| Q1 25 | $60.3M | $108.5M | ||
| Q4 24 | $38.1M | $77.6M | ||
| Q3 24 | $46.3M | $206.1M | ||
| Q2 24 | $66.9M | $122.0M |
总债务MSTRVRRM
| Q1 26 | — | $34.1M | ||
| Q4 25 | $8.2B | $1.0B | ||
| Q3 25 | $8.2B | $1.0B | ||
| Q2 25 | $8.2B | $1.0B | ||
| Q1 25 | $8.1B | $1.0B | ||
| Q4 24 | $7.2B | $1.0B | ||
| Q3 24 | $4.2B | $1.0B | ||
| Q2 24 | $3.8B | $1.0B |
股东权益MSTRVRRM
| Q1 26 | — | $272.0M | ||
| Q4 25 | $44.1B | $293.0M | ||
| Q3 25 | $52.3B | $403.1M | ||
| Q2 25 | $47.5B | $352.1M | ||
| Q1 25 | $32.2B | $299.6M | ||
| Q4 24 | $18.2B | $265.1M | ||
| Q3 24 | $3.8B | $486.5M | ||
| Q2 24 | $2.8B | $438.6M |
总资产MSTRVRRM
| Q1 26 | — | $1.7B | ||
| Q4 25 | $61.6B | $1.6B | ||
| Q3 25 | $73.6B | $1.8B | ||
| Q2 25 | $64.8B | $1.7B | ||
| Q1 25 | $43.9B | $1.6B | ||
| Q4 24 | $25.8B | $1.6B | ||
| Q3 24 | $8.3B | $1.9B | ||
| Q2 24 | $7.1B | $1.8B |
负债/权益比MSTRVRRM
| Q1 26 | — | 0.13× | ||
| Q4 25 | 0.19× | 3.51× | ||
| Q3 25 | 0.16× | 2.55× | ||
| Q2 25 | 0.17× | 2.93× | ||
| Q1 25 | 0.25× | 3.45× | ||
| Q4 24 | 0.39× | 3.90× | ||
| Q3 24 | 1.12× | 2.13× | ||
| Q2 24 | 1.36× | 2.36× |
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 | — | $40.8M |
| 自由现金流经营现金流 - 资本支出 | — | $9.6M |
| 自由现金流率自由现金流/营收 | — | 4.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.53× |
| 过去12个月自由现金流最近4个季度 | — | $104.6M |
8季度趋势，按日历期对齐
经营现金流MSTRVRRM
| Q1 26 | — | $40.8M | ||
| Q4 25 | — | $40.0M | ||
| Q3 25 | $-8.3M | $77.7M | ||
| Q2 25 | $-34.9M | $75.1M | ||
| Q1 25 | $-2.4M | $63.0M | ||
| Q4 24 | $-17.3M | $40.5M | ||
| Q3 24 | $-41.0M | $108.8M | ||
| Q2 24 | $-23.3M | $40.0M |
自由现金流MSTRVRRM
| Q1 26 | — | $9.6M | ||
| Q4 25 | — | $5.7M | ||
| Q3 25 | $-11.1M | $49.0M | ||
| Q2 25 | $-37.0M | $40.3M | ||
| Q1 25 | $-5.1M | $41.7M | ||
| Q4 24 | $-17.6M | $21.6M | ||
| Q3 24 | $-41.4M | $85.1M | ||
| Q2 24 | $-24.1M | $26.0M |
自由现金流率MSTRVRRM
| Q1 26 | — | 4.3% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | -8.6% | 18.7% | ||
| Q2 25 | -32.3% | 17.1% | ||
| Q1 25 | -4.6% | 18.7% | ||
| Q4 24 | -14.6% | 9.8% | ||
| Q3 24 | -35.7% | 37.7% | ||
| Q2 24 | -21.6% | 11.7% |
资本支出强度MSTRVRRM
| Q1 26 | — | — | ||
| Q4 25 | — | 13.3% | ||
| Q3 25 | 2.2% | 11.0% | ||
| Q2 25 | 1.8% | 14.8% | ||
| Q1 25 | 2.5% | 9.5% | ||
| Q4 24 | 0.2% | 8.5% | ||
| Q3 24 | 0.4% | 10.5% | ||
| Q2 24 | 0.6% | 6.3% |
现金转化率MSTRVRRM
| Q1 26 | — | 1.53× | ||
| Q4 25 | — | 2.12× | ||
| Q3 25 | -0.00× | 1.66× | ||
| Q2 25 | -0.00× | 1.95× | ||
| Q1 25 | — | 1.95× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.13× | ||
| Q2 24 | — | 1.17× |
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
VRRM
| Government Solutions segment generated total | $105.3M | 47% |
| Commercial Services segment generated total | $97.8M | 44% |
| Parking Solutions segment generated total | $20.4M | 9% |
