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National Storage Affiliates Trust（NSA）与PROCORE TECHNOLOGIES, INC.（PCOR）财务数据对比。点击上方公司名可切换其他公司
PROCORE TECHNOLOGIES, INC.的季度营收约是National Storage Affiliates Trust的1.9倍（$359.3M vs $187.0M），National Storage Affiliates Trust净利率更高（12.2% vs -2.5%，领先14.8%），PROCORE TECHNOLOGIES, INC.同比增速更快（15.7% vs -1.6%），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（12.4% vs -2.4%）
National Storage Affiliates Trust是一家总部位于美国的房地产投资信托，专注于自助仓储资产，在美国数十个州持有、运营及收购自助仓储设施，为居民和商业客户提供安全的存储服务。
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
NSA vs PCOR — 直观对比
营收规模更大
PCOR
是对方的1.9倍
$187.0M
营收增速更快
PCOR
高出17.3%
-1.6%
净利率更高
NSA
高出14.8%
-2.5%
两年增速更快
PCOR
近两年复合增速
-2.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $187.0M | $359.3M |
| 净利润 | $22.9M | $-9.1M |
| 毛利率 | 72.5% | 80.1% |
| 营业利润率 | 20.2% | 15.5% |
| 净利率 | 12.2% | -2.5% |
| 营收同比 | -1.6% | 15.7% |
| 净利润同比 | 36.8% | 72.4% |
| 每股收益（稀释后） | $0.23 | $-0.06 |
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NSAPCOR
| Q1 26 | — | $359.3M | ||
| Q4 25 | $187.0M | $349.1M | ||
| Q3 25 | $188.7M | $338.9M | ||
| Q2 25 | $188.8M | $323.9M | ||
| Q1 25 | $188.4M | $310.6M | ||
| Q4 24 | $190.1M | $302.0M | ||
| Q3 24 | $193.6M | $295.9M | ||
| Q2 24 | $190.4M | $284.3M |
净利润NSAPCOR
| Q1 26 | — | $-9.1M | ||
| Q4 25 | $22.9M | $-37.6M | ||
| Q3 25 | $18.4M | $-9.1M | ||
| Q2 25 | $19.5M | $-21.1M | ||
| Q1 25 | $13.0M | $-33.0M | ||
| Q4 24 | $16.7M | $-62.3M | ||
| Q3 24 | $18.7M | $-26.4M | ||
| Q2 24 | $17.1M | $-6.3M |
毛利率NSAPCOR
| Q1 26 | — | 80.1% | ||
| Q4 25 | 72.5% | 80.1% | ||
| Q3 25 | 70.7% | 79.7% | ||
| Q2 25 | 70.5% | 79.1% | ||
| Q1 25 | 70.7% | 79.1% | ||
| Q4 24 | 72.5% | 81.2% | ||
| Q3 24 | 72.8% | 81.4% | ||
| Q2 24 | 72.6% | 83.1% |
营业利润率NSAPCOR
| Q1 26 | — | 15.5% | ||
| Q4 25 | 20.2% | -12.3% | ||
| Q3 25 | 15.8% | -4.4% | ||
| Q2 25 | 16.5% | -9.3% | ||
| Q1 25 | 11.0% | -11.7% | ||
| Q4 24 | 14.5% | -21.9% | ||
| Q3 24 | 15.8% | -12.3% | ||
| Q2 24 | 17.2% | -5.2% |
净利率NSAPCOR
| Q1 26 | — | -2.5% | ||
| Q4 25 | 12.2% | -10.8% | ||
| Q3 25 | 9.8% | -2.7% | ||
| Q2 25 | 10.3% | -6.5% | ||
| Q1 25 | 6.9% | -10.6% | ||
| Q4 24 | 8.8% | -20.6% | ||
| Q3 24 | 9.7% | -8.9% | ||
| Q2 24 | 9.0% | -2.2% |
每股收益（稀释后）NSAPCOR
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $0.23 | $-0.25 | ||
| Q3 25 | $0.17 | $-0.06 | ||
| Q2 25 | $0.19 | $-0.14 | ||
| Q1 25 | $0.10 | $-0.22 | ||
| Q4 24 | $0.19 | $-0.42 | ||
| Q3 24 | $0.18 | $-0.18 | ||
| Q2 24 | $0.16 | $-0.04 |
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 | $23.3M | $386.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $946.0M | $1.2B |
| 总资产 | $5.1B | $2.1B |
| 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NSAPCOR
| Q1 26 | — | $386.0M | ||
| Q4 25 | $23.3M | $768.5M | ||
| Q3 25 | $26.3M | $684.0M | ||
| Q2 25 | $26.1M | $620.9M | ||
| Q1 25 | $19.3M | $566.7M | ||
| Q4 24 | $50.4M | $775.4M | ||
| Q3 24 | $69.9M | $756.9M | ||
| Q2 24 | $59.0M | $735.4M |
股东权益NSAPCOR
| Q1 26 | — | $1.2B | ||
| Q4 25 | $946.0M | $1.3B | ||
| Q3 25 | $973.1M | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $986.9M | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
总资产NSAPCOR
| Q1 26 | — | $2.1B | ||
| Q4 25 | $5.1B | $2.2B | ||
| Q3 25 | $5.1B | $2.1B | ||
| Q2 25 | $5.2B | $2.0B | ||
| Q1 25 | $5.3B | $1.9B | ||
| Q4 24 | $5.4B | $2.1B | ||
| Q3 24 | $5.4B | $2.0B | ||
| Q2 24 | $5.3B | $2.0B |
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 | $338.5M | $76.8M |
| 自由现金流经营现金流 - 资本支出 | $299.8M | — |
| 自由现金流率自由现金流/营收 | 160.3% | — |
| 资本支出强度资本支出/营收 | 20.7% | — |
| 现金转化率经营现金流/净利润 | 14.79× | — |
| 过去12个月自由现金流最近4个季度 | $541.5M | — |
8季度趋势，按日历期对齐
经营现金流NSAPCOR
| Q1 26 | — | $76.8M | ||
| Q4 25 | $338.5M | $114.9M | ||
| Q3 25 | $100.2M | $88.5M | ||
| Q2 25 | $79.9M | $30.8M | ||
| Q1 25 | $85.6M | $66.0M | ||
| Q4 24 | $363.1M | $29.1M | ||
| Q3 24 | $105.7M | $39.3M | ||
| Q2 24 | $83.2M | $58.7M |
自由现金流NSAPCOR
| Q1 26 | — | — | ||
| Q4 25 | $299.8M | $109.2M | ||
| Q3 25 | $88.0M | $83.1M | ||
| Q2 25 | $73.8M | $27.9M | ||
| Q1 25 | $79.9M | $62.0M | ||
| Q4 24 | $344.4M | $17.4M | ||
| Q3 24 | $101.8M | $35.7M | ||
| Q2 24 | $79.5M | $56.8M |
自由现金流率NSAPCOR
| Q1 26 | — | — | ||
| Q4 25 | 160.3% | 31.3% | ||
| Q3 25 | 46.6% | 24.5% | ||
| Q2 25 | 39.1% | 8.6% | ||
| Q1 25 | 42.4% | 20.0% | ||
| Q4 24 | 181.2% | 5.8% | ||
| Q3 24 | 52.6% | 12.1% | ||
| Q2 24 | 41.7% | 20.0% |
资本支出强度NSAPCOR
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 1.6% | ||
| Q3 25 | 6.5% | 1.6% | ||
| Q2 25 | 3.2% | 0.9% | ||
| Q1 25 | 3.0% | 1.3% | ||
| Q4 24 | 9.8% | 3.9% | ||
| Q3 24 | 2.0% | 1.2% | ||
| Q2 24 | 1.9% | 0.7% |
现金转化率NSAPCOR
| Q1 26 | — | — | ||
| Q4 25 | 14.79× | — | ||
| Q3 25 | 5.44× | — | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 6.59× | — | ||
| Q4 24 | 21.70× | — | ||
| Q3 24 | 5.65× | — | ||
| Q2 24 | 4.88× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
