vs
PROCORE TECHNOLOGIES, INC.（PCOR）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
PROCORE TECHNOLOGIES, INC.的季度营收约是通用动力的1.9倍（$349.1M vs $184.5M），通用动力净利率更高（7.0% vs -10.8%，领先17.7%），通用动力同比增速更快（28.6% vs 15.6%），PROCORE TECHNOLOGIES, INC.自由现金流更多（$109.2M vs $92.8M），过去两年通用动力的营收复合增速更高（38.9% vs 13.8%）
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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
PCOR vs PLOW — 直观对比
营收规模更大
PCOR
是对方的1.9倍
$184.5M
营收增速更快
PLOW
高出13.0%
15.6%
净利率更高
PLOW
高出17.7%
-10.8%
自由现金流更多
PCOR
多$16.4M
$92.8M
两年增速更快
PLOW
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.1M | $184.5M |
| 净利润 | $-37.6M | $12.8M |
| 毛利率 | 80.1% | 26.1% |
| 营业利润率 | -12.3% | 10.5% |
| 净利率 | -10.8% | 7.0% |
| 营收同比 | 15.6% | 28.6% |
| 净利润同比 | 39.6% | 62.3% |
| 每股收益（稀释后） | $-0.25 | $0.54 |
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PCORPLOW
| Q4 25 | $349.1M | $184.5M | ||
| Q3 25 | $338.9M | $162.1M | ||
| Q2 25 | $323.9M | $194.3M | ||
| Q1 25 | $310.6M | $115.1M | ||
| Q4 24 | $302.0M | $143.5M | ||
| Q3 24 | $295.9M | $129.4M | ||
| Q2 24 | $284.3M | $199.9M | ||
| Q1 24 | $269.4M | $95.7M |
净利润PCORPLOW
| Q4 25 | $-37.6M | $12.8M | ||
| Q3 25 | $-9.1M | $8.0M | ||
| Q2 25 | $-21.1M | $26.0M | ||
| Q1 25 | $-33.0M | $148.0K | ||
| Q4 24 | $-62.3M | $7.9M | ||
| Q3 24 | $-26.4M | $32.3M | ||
| Q2 24 | $-6.3M | $24.3M | ||
| Q1 24 | $-11.0M | $-8.4M |
毛利率PCORPLOW
| Q4 25 | 80.1% | 26.1% | ||
| Q3 25 | 79.7% | 23.5% | ||
| Q2 25 | 79.1% | 31.0% | ||
| Q1 25 | 79.1% | 24.5% | ||
| Q4 24 | 81.2% | 24.9% | ||
| Q3 24 | 81.4% | 23.9% | ||
| Q2 24 | 83.1% | 30.7% | ||
| Q1 24 | 83.0% | 19.8% |
营业利润率PCORPLOW
| Q4 25 | -12.3% | 10.5% | ||
| Q3 25 | -4.4% | 8.7% | ||
| Q2 25 | -9.3% | 19.0% | ||
| Q1 25 | -11.7% | 2.8% | ||
| Q4 24 | -21.9% | 9.0% | ||
| Q3 24 | -12.3% | 35.4% | ||
| Q2 24 | -5.2% | 18.2% | ||
| Q1 24 | -7.0% | -6.7% |
净利率PCORPLOW
| Q4 25 | -10.8% | 7.0% | ||
| Q3 25 | -2.7% | 4.9% | ||
| Q2 25 | -6.5% | 13.4% | ||
| Q1 25 | -10.6% | 0.1% | ||
| Q4 24 | -20.6% | 5.5% | ||
| Q3 24 | -8.9% | 24.9% | ||
| Q2 24 | -2.2% | 12.2% | ||
| Q1 24 | -4.1% | -8.7% |
每股收益（稀释后）PCORPLOW
| Q4 25 | $-0.25 | $0.54 | ||
| Q3 25 | $-0.06 | $0.33 | ||
| Q2 25 | $-0.14 | $1.09 | ||
| Q1 25 | $-0.22 | $0.00 | ||
| Q4 24 | $-0.42 | $0.35 | ||
| Q3 24 | $-0.18 | $1.36 | ||
| Q2 24 | $-0.04 | $1.02 | ||
| Q1 24 | $-0.08 | $-0.37 |
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 | $768.5M | — |
| 总债务越低越好 | — | $144.0M |
| 股东权益账面价值 | $1.3B | $281.4M |
| 总资产 | $2.2B | $626.7M |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资PCORPLOW
| Q4 25 | $768.5M | — | ||
| Q3 25 | $684.0M | — | ||
| Q2 25 | $620.9M | — | ||
| Q1 25 | $566.7M | — | ||
| Q4 24 | $775.4M | — | ||
| Q3 24 | $756.9M | — | ||
| Q2 24 | $735.4M | — | ||
| Q1 24 | $744.6M | — |
总债务PCORPLOW
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PCORPLOW
| Q4 25 | $1.3B | $281.4M | ||
| Q3 25 | $1.2B | $275.3M | ||
| Q2 25 | $1.2B | $273.3M | ||
| Q1 25 | $1.2B | $258.9M | ||
| Q4 24 | $1.3B | $264.2M | ||
| Q3 24 | $1.3B | $260.8M | ||
| Q2 24 | $1.3B | $236.7M | ||
| Q1 24 | $1.2B | $217.2M |
总资产PCORPLOW
| Q4 25 | $2.2B | $626.7M | ||
| Q3 25 | $2.1B | $694.9M | ||
| Q2 25 | $2.0B | $671.5M | ||
| Q1 25 | $1.9B | $621.0M | ||
| Q4 24 | $2.1B | $590.0M | ||
| Q3 24 | $2.0B | $665.6M | ||
| Q2 24 | $2.0B | $617.0M | ||
| Q1 24 | $1.9B | $577.1M |
负债/权益比PCORPLOW
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $114.9M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $109.2M | $92.8M |
| 自由现金流率自由现金流/营收 | 31.3% | 50.3% |
| 资本支出强度资本支出/营收 | 1.6% | 1.7% |
| 现金转化率经营现金流/净利润 | — | 7.47× |
| 过去12个月自由现金流最近4个季度 | $282.2M | $63.6M |
8季度趋势，按日历期对齐
经营现金流PCORPLOW
| Q4 25 | $114.9M | $95.9M | ||
| Q3 25 | $88.5M | $-8.5M | ||
| Q2 25 | $30.8M | $-11.4M | ||
| Q1 25 | $66.0M | $-1.3M | ||
| Q4 24 | $29.1M | $74.4M | ||
| Q3 24 | $39.3M | $-14.2M | ||
| Q2 24 | $58.7M | $2.5M | ||
| Q1 24 | $69.1M | $-21.6M |
自由现金流PCORPLOW
| Q4 25 | $109.2M | $92.8M | ||
| Q3 25 | $83.1M | $-11.4M | ||
| Q2 25 | $27.9M | $-14.3M | ||
| Q1 25 | $62.0M | $-3.5M | ||
| Q4 24 | $17.4M | $70.2M | ||
| Q3 24 | $35.7M | $-15.2M | ||
| Q2 24 | $56.8M | $836.0K | ||
| Q1 24 | $67.1M | $-22.4M |
自由现金流率PCORPLOW
| Q4 25 | 31.3% | 50.3% | ||
| Q3 25 | 24.5% | -7.1% | ||
| Q2 25 | 8.6% | -7.4% | ||
| Q1 25 | 20.0% | -3.0% | ||
| Q4 24 | 5.8% | 48.9% | ||
| Q3 24 | 12.1% | -11.8% | ||
| Q2 24 | 20.0% | 0.4% | ||
| Q1 24 | 24.9% | -23.4% |
资本支出强度PCORPLOW
| Q4 25 | 1.6% | 1.7% | ||
| Q3 25 | 1.6% | 1.8% | ||
| Q2 25 | 0.9% | 1.5% | ||
| Q1 25 | 1.3% | 1.9% | ||
| Q4 24 | 3.9% | 2.9% | ||
| Q3 24 | 1.2% | 0.8% | ||
| Q2 24 | 0.7% | 0.8% | ||
| Q1 24 | 0.8% | 0.8% |
现金转化率PCORPLOW
| Q4 25 | — | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| 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
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
