vs
Nerdy Inc.（NRDY）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
Nerdy Inc.的季度营收约是REDWOOD TRUST INC的1.9倍（$49.1M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -18.8%，领先96.0%），Nerdy Inc.同比增速更快（2.3% vs -6.1%），过去两年Nerdy Inc.的营收复合增速更高（-4.4% vs -41.0%）
Nerdy Inc.是总部位于美国的知名教育科技企业，旗下运营Varsity Tutors等在线学习平台，提供一对一实时辅导、点播课程、备考资源及技能培训内容，服务K12学生、高校学习者及职场人士，覆盖多类学业与职业能力提升需求。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
NRDY vs RWT — 直观对比
营收规模更大
NRDY
是对方的1.9倍
$25.9M
营收增速更快
NRDY
高出8.4%
-6.1%
净利率更高
RWT
高出96.0%
-18.8%
两年增速更快
NRDY
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $49.1M | $25.9M |
| 净利润 | $-9.2M | $20.0M |
| 毛利率 | 51.0% | — |
| 营业利润率 | -28.3% | — |
| 净利率 | -18.8% | 77.2% |
| 营收同比 | 2.3% | -6.1% |
| 净利润同比 | 8.9% | 402.6% |
| 每股收益（稀释后） | $-0.07 | $0.11 |
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NRDYRWT
| Q4 25 | $49.1M | $25.9M | ||
| Q3 25 | $37.0M | $15.0M | ||
| Q2 25 | $45.3M | $13.8M | ||
| Q1 25 | $47.6M | $27.9M | ||
| Q4 24 | $48.0M | $27.6M | ||
| Q3 24 | $37.5M | $25.5M | ||
| Q2 24 | $51.0M | $67.4M | ||
| Q1 24 | $53.7M | $74.5M |
净利润NRDYRWT
| Q4 25 | $-9.2M | $20.0M | ||
| Q3 25 | $-12.3M | $-7.7M | ||
| Q2 25 | $-7.9M | $-98.5M | ||
| Q1 25 | $-10.5M | $16.1M | ||
| Q4 24 | $-10.1M | $-6.6M | ||
| Q3 24 | $-15.9M | $14.8M | ||
| Q2 24 | $-9.1M | $15.5M | ||
| Q1 24 | $-7.4M | $30.3M |
毛利率NRDYRWT
| Q4 25 | 51.0% | — | ||
| Q3 25 | 62.9% | — | ||
| Q2 25 | 61.5% | — | ||
| Q1 25 | 58.0% | — | ||
| Q4 24 | 66.6% | — | ||
| Q3 24 | 70.5% | — | ||
| Q2 24 | 65.7% | — | ||
| Q1 24 | 68.0% | — |
营业利润率NRDYRWT
| Q4 25 | -28.3% | — | ||
| Q3 25 | -51.5% | -9.0% | ||
| Q2 25 | -27.1% | -679.0% | ||
| Q1 25 | -34.8% | 80.2% | ||
| Q4 24 | -34.0% | -1.3% | ||
| Q3 24 | -68.5% | 86.1% | ||
| Q2 24 | -29.9% | 30.3% | ||
| Q1 24 | -23.9% | 41.3% |
净利率NRDYRWT
| Q4 25 | -18.8% | 77.2% | ||
| Q3 25 | -33.2% | -51.4% | ||
| Q2 25 | -17.4% | -712.0% | ||
| Q1 25 | -22.1% | 57.8% | ||
| Q4 24 | -21.1% | -24.0% | ||
| Q3 24 | -42.4% | 58.1% | ||
| Q2 24 | -17.8% | 23.0% | ||
| Q1 24 | -13.9% | 40.6% |
每股收益（稀释后）NRDYRWT
| Q4 25 | $-0.07 | $0.11 | ||
| Q3 25 | $-0.10 | $-0.08 | ||
| Q2 25 | $-0.07 | $-0.76 | ||
| Q1 25 | $-0.09 | $0.10 | ||
| Q4 24 | $-0.09 | $-0.08 | ||
| Q3 24 | $-0.14 | $0.09 | ||
| Q2 24 | $-0.08 | $0.10 | ||
| Q1 24 | $-0.07 | $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 | $47.9M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $19.0M | $982.6M |
| 总资产 | $76.2M | $23.7B |
| 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NRDYRWT
| Q4 25 | $47.9M | $255.7M | ||
| Q3 25 | $32.7M | $226.3M | ||
| Q2 25 | $36.7M | $302.0M | ||
| Q1 25 | $44.9M | $259.9M | ||
| Q4 24 | $52.5M | $245.2M | ||
| Q3 24 | $65.0M | $253.7M | ||
| Q2 24 | $69.8M | $275.6M | ||
| Q1 24 | $77.0M | $275.4M |
总债务NRDYRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益NRDYRWT
| Q4 25 | $19.0M | $982.6M | ||
| Q3 25 | $24.3M | $999.0M | ||
| Q2 25 | $31.8M | $1.1B | ||
| Q1 25 | $34.4M | $1.2B | ||
| Q4 24 | $39.5M | $1.2B | ||
| Q3 24 | $43.3M | $1.2B | ||
| Q2 24 | $52.2M | $1.2B | ||
| Q1 24 | $52.8M | $1.2B |
总资产NRDYRWT
| Q4 25 | $76.2M | $23.7B | ||
| Q3 25 | $70.4M | $22.6B | ||
| Q2 25 | $73.7M | $21.3B | ||
| Q1 25 | $83.0M | $19.9B | ||
| Q4 24 | $92.5M | $18.3B | ||
| Q3 24 | $106.8M | $18.4B | ||
| Q2 24 | $111.3M | $16.5B | ||
| Q1 24 | $121.3M | $15.1B |
负债/权益比NRDYRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $-2.9M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | — |
| 自由现金流率自由现金流/营收 | -8.7% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | $-24.2M | — |
8季度趋势，按日历期对齐
经营现金流NRDYRWT
| Q4 25 | $-2.9M | $-10.1B | ||
| Q3 25 | $-2.4M | $-2.7B | ||
| Q2 25 | $-7.0M | $-2.1B | ||
| Q1 25 | $-6.4M | $-2.0B | ||
| Q4 24 | $-11.3M | $-5.9B | ||
| Q3 24 | $-3.1M | $-2.1B | ||
| Q2 24 | $-5.6M | $-2.0B | ||
| Q1 24 | $4.4M | $-954.2M |
自由现金流NRDYRWT
| Q4 25 | $-4.3M | — | ||
| Q3 25 | $-4.1M | — | ||
| Q2 25 | $-8.2M | — | ||
| Q1 25 | $-7.6M | — | ||
| Q4 24 | $-12.5M | — | ||
| Q3 24 | $-5.0M | — | ||
| Q2 24 | $-7.1M | — | ||
| Q1 24 | $2.1M | — |
自由现金流率NRDYRWT
| Q4 25 | -8.7% | — | ||
| Q3 25 | -11.2% | — | ||
| Q2 25 | -18.1% | — | ||
| Q1 25 | -16.0% | — | ||
| Q4 24 | -26.0% | — | ||
| Q3 24 | -13.3% | — | ||
| Q2 24 | -14.0% | — | ||
| Q1 24 | 4.0% | — |
资本支出强度NRDYRWT
| Q4 25 | 2.7% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 4.1% | — |
现金转化率NRDYRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
