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NCS Multistage Holdings, Inc.（NCSM）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
NCS Multistage Holdings, Inc.的季度营收约是Rumble Inc.的1.9倍（$50.6M vs $27.1M），NCS Multistage Holdings, Inc.净利率更高（29.5% vs -120.8%，领先150.3%），NCS Multistage Holdings, Inc.同比增速更快（12.5% vs -10.5%），NCS Multistage Holdings, Inc.自由现金流更多（$12.9M vs $-31.7M），过去两年Rumble Inc.的营收复合增速更高（15.2% vs 7.4%）
NCS Multistage Holdings是一家全球能源技术与油田服务提供商，主营油气勘探生产用的完井系统与多级压裂工具，服务覆盖北美、拉美、中东及亚太市场，助力上游能源客户提升作业效率与资源采收率。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
NCSM vs RUM — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $50.6M | $27.1M |
| 净利润 | $15.0M | $-32.7M |
| 毛利率 | — | 5.5% |
| 营业利润率 | 10.3% | -131.1% |
| 净利率 | 29.5% | -120.8% |
| 营收同比 | 12.5% | -10.5% |
| 净利润同比 | 331.0% | 86.2% |
| 每股收益（稀释后） | $5.43 | $-0.13 |
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
| Q4 25 | $50.6M | $27.1M | ||
| Q3 25 | $46.5M | $24.8M | ||
| Q2 25 | $36.5M | — | ||
| Q1 25 | $50.0M | $23.7M | ||
| Q4 24 | $45.0M | $30.2M | ||
| Q3 24 | $44.0M | $25.1M | ||
| Q2 24 | $29.7M | $22.5M | ||
| Q1 24 | $43.9M | $17.7M |
| Q4 25 | $15.0M | $-32.7M | ||
| Q3 25 | $3.8M | $-16.3M | ||
| Q2 25 | $924.0K | — | ||
| Q1 25 | $4.1M | $-2.7M | ||
| Q4 24 | $3.5M | $-236.8M | ||
| Q3 24 | $4.1M | $-31.5M | ||
| Q2 24 | $-3.1M | $-26.8M | ||
| Q1 24 | $2.1M | $-43.3M |
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
| Q4 25 | 10.3% | -131.1% | ||
| Q3 25 | 6.6% | -113.6% | ||
| Q2 25 | -5.6% | — | ||
| Q1 25 | 8.6% | -153.5% | ||
| Q4 24 | 6.5% | -80.1% | ||
| Q3 24 | 6.9% | -131.0% | ||
| Q2 24 | -14.0% | -172.7% | ||
| Q1 24 | 5.7% | -197.4% |
| Q4 25 | 29.5% | -120.8% | ||
| Q3 25 | 8.2% | -65.7% | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 8.1% | -11.2% | ||
| Q4 24 | 7.7% | -783.2% | ||
| Q3 24 | 9.4% | -125.9% | ||
| Q2 24 | -10.4% | -119.2% | ||
| Q1 24 | 4.7% | -244.1% |
| Q4 25 | $5.43 | $-0.13 | ||
| Q3 25 | $1.37 | $-0.06 | ||
| Q2 25 | $0.34 | — | ||
| Q1 25 | $1.51 | $-0.01 | ||
| Q4 24 | $1.34 | $-1.17 | ||
| Q3 24 | $1.60 | $-0.15 | ||
| Q2 24 | $-1.21 | $-0.13 | ||
| Q1 24 | $0.82 | $-0.21 |
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 | $36.7M | $237.9M |
| 总债务越低越好 | $5.3M | — |
| 股东权益账面价值 | $126.2M | $274.8M |
| 总资产 | $181.2M | $336.8M |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
| Q4 25 | $36.7M | $237.9M | ||
| Q3 25 | $25.3M | $269.8M | ||
| Q2 25 | $25.4M | — | ||
| Q1 25 | $23.0M | $301.3M | ||
| Q4 24 | $25.9M | $114.0M | ||
| Q3 24 | $15.3M | $132.0M | ||
| Q2 24 | $18.6M | $154.2M | ||
| Q1 24 | $14.0M | $183.8M |
| Q4 25 | $5.3M | — | ||
| Q3 25 | $5.1M | — | ||
| Q2 25 | $5.5M | — | ||
| Q1 25 | $5.4M | — | ||
| Q4 24 | $6.0M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $6.8M | — | ||
| Q1 24 | $6.4M | — |
| Q4 25 | $126.2M | $274.8M | ||
| Q3 25 | $110.1M | $302.2M | ||
| Q2 25 | $106.4M | — | ||
| Q1 25 | $103.2M | $339.6M | ||
| Q4 24 | $98.8M | $-63.1M | ||
| Q3 24 | $96.0M | $166.1M | ||
| Q2 24 | $91.0M | $192.7M | ||
| Q1 24 | $93.7M | $210.7M |
| Q4 25 | $181.2M | $336.8M | ||
| Q3 25 | $162.0M | $367.2M | ||
| Q2 25 | $158.0M | — | ||
| Q1 25 | $155.1M | $391.1M | ||
| Q4 24 | $152.8M | $195.3M | ||
| Q3 24 | $145.8M | $217.2M | ||
| Q2 24 | $139.4M | $243.2M | ||
| Q1 24 | $140.9M | $263.0M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.05× | — | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.08× | — | ||
| Q1 24 | 0.07× | — |
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 | $13.1M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $-31.7M |
| 自由现金流率自由现金流/营收 | 25.5% | -117.2% |
| 资本支出强度资本支出/营收 | 0.4% | 8.5% |
| 现金转化率经营现金流/净利润 | 0.88× | — |
| 过去12个月自由现金流最近4个季度 | $21.0M | $-70.8M |
8季度趋势，按日历期对齐
| Q4 25 | $13.1M | $-29.4M | ||
| Q3 25 | $7.2M | $-10.6M | ||
| Q2 25 | $3.5M | — | ||
| Q1 25 | $-1.6M | $-14.5M | ||
| Q4 24 | $10.6M | $-12.4M | ||
| Q3 24 | $-2.0M | $-19.1M | ||
| Q2 24 | $6.0M | $-21.7M | ||
| Q1 24 | $-1.9M | $-33.9M |
| Q4 25 | $12.9M | $-31.7M | ||
| Q3 25 | $6.9M | $-12.0M | ||
| Q2 25 | $3.2M | — | ||
| Q1 25 | $-2.1M | $-14.6M | ||
| Q4 24 | $10.4M | $-12.4M | ||
| Q3 24 | $-2.5M | $-19.9M | ||
| Q2 24 | $5.6M | $-23.1M | ||
| Q1 24 | $-2.2M | $-34.3M |
| Q4 25 | 25.5% | -117.2% | ||
| Q3 25 | 14.9% | -48.6% | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | -4.2% | -61.7% | ||
| Q4 24 | 23.1% | -40.9% | ||
| Q3 24 | -5.6% | -79.5% | ||
| Q2 24 | 19.0% | -102.8% | ||
| Q1 24 | -5.0% | -193.3% |
| Q4 25 | 0.4% | 8.5% | ||
| Q3 25 | 0.5% | 5.7% | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 0.5% | 0.1% | ||
| Q3 24 | 1.0% | 3.4% | ||
| Q2 24 | 1.1% | 6.1% | ||
| Q1 24 | 0.7% | 2.4% |
| Q4 25 | 0.88× | — | ||
| Q3 25 | 1.88× | — | ||
| Q2 25 | 3.81× | — | ||
| Q1 25 | -0.41× | — | ||
| Q4 24 | 3.07× | — | ||
| Q3 24 | -0.49× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.91× | — |
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
NCSM
| Products | $33.8M | 67% |
| Services | $16.8M | 33% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
