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PROCORE TECHNOLOGIES, INC.（PCOR）与PELOTON INTERACTIVE, INC.（PTON）财务数据对比。点击上方公司名可切换其他公司
PELOTON INTERACTIVE, INC.的季度营收约是PROCORE TECHNOLOGIES, INC.的1.9倍（$656.5M vs $349.1M），PELOTON INTERACTIVE, INC.净利率更高（-5.9% vs -10.8%，领先4.9%），PROCORE TECHNOLOGIES, INC.同比增速更快（15.6% vs -2.6%），PROCORE TECHNOLOGIES, INC.自由现金流更多（$109.2M vs $71.0M）
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。
派乐腾（Peloton Interactive）是总部位于美国纽约的健身设备与媒体服务商，主打搭载联网触控屏的动感单车、跑步机、室内划船器等产品，用户付费订阅即可观看直播和录播健身课程，设备内置传感器可追踪运动功率等数据，为用户提供实时运动表现反馈，还支持排行榜功能与其他用户互动比拼。
PCOR vs PTON — 直观对比
营收规模更大
PTON
是对方的1.9倍
$349.1M
营收增速更快
PCOR
高出18.2%
-2.6%
净利率更高
PTON
高出4.9%
-10.8%
自由现金流更多
PCOR
多$38.2M
$71.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $349.1M | $656.5M |
| 净利润 | $-37.6M | $-38.8M |
| 毛利率 | 80.1% | 50.5% |
| 营业利润率 | -12.3% | -2.2% |
| 净利率 | -10.8% | -5.9% |
| 营收同比 | 15.6% | -2.6% |
| 净利润同比 | 39.6% | 57.8% |
| 每股收益（稀释后） | $-0.25 | $-0.09 |
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PCORPTON
| Q4 25 | $349.1M | $656.5M | ||
| Q3 25 | $338.9M | $550.8M | ||
| Q2 25 | $323.9M | — | ||
| Q1 25 | $310.6M | — | ||
| Q4 24 | $302.0M | — | ||
| Q3 24 | $295.9M | — | ||
| Q2 24 | $284.3M | — | ||
| Q1 24 | $269.4M | — |
净利润PCORPTON
| Q4 25 | $-37.6M | $-38.8M | ||
| Q3 25 | $-9.1M | $13.9M | ||
| Q2 25 | $-21.1M | — | ||
| Q1 25 | $-33.0M | — | ||
| Q4 24 | $-62.3M | — | ||
| Q3 24 | $-26.4M | — | ||
| Q2 24 | $-6.3M | — | ||
| Q1 24 | $-11.0M | — |
毛利率PCORPTON
| Q4 25 | 80.1% | 50.5% | ||
| Q3 25 | 79.7% | 51.5% | ||
| Q2 25 | 79.1% | — | ||
| Q1 25 | 79.1% | — | ||
| Q4 24 | 81.2% | — | ||
| Q3 24 | 81.4% | — | ||
| Q2 24 | 83.1% | — | ||
| Q1 24 | 83.0% | — |
营业利润率PCORPTON
| Q4 25 | -12.3% | -2.2% | ||
| Q3 25 | -4.4% | 7.5% | ||
| Q2 25 | -9.3% | — | ||
| Q1 25 | -11.7% | — | ||
| Q4 24 | -21.9% | — | ||
| Q3 24 | -12.3% | — | ||
| Q2 24 | -5.2% | — | ||
| Q1 24 | -7.0% | — |
净利率PCORPTON
| Q4 25 | -10.8% | -5.9% | ||
| Q3 25 | -2.7% | 2.5% | ||
| Q2 25 | -6.5% | — | ||
| Q1 25 | -10.6% | — | ||
| Q4 24 | -20.6% | — | ||
| Q3 24 | -8.9% | — | ||
| Q2 24 | -2.2% | — | ||
| Q1 24 | -4.1% | — |
每股收益（稀释后）PCORPTON
| Q4 25 | $-0.25 | $-0.09 | ||
| Q3 25 | $-0.06 | $0.03 | ||
| Q2 25 | $-0.14 | — | ||
| Q1 25 | $-0.22 | — | ||
| Q4 24 | $-0.42 | — | ||
| Q3 24 | $-0.18 | — | ||
| Q2 24 | $-0.04 | — | ||
| Q1 24 | $-0.08 | — |
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 | $1.2B |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $1.3B | $-326.7M |
| 总资产 | $2.2B | $2.2B |
| 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PCORPTON
| Q4 25 | $768.5M | $1.2B | ||
| Q3 25 | $684.0M | $1.1B | ||
| 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PCORPTON
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PCORPTON
| Q4 25 | $1.3B | $-326.7M | ||
| Q3 25 | $1.2B | $-347.0M | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.2B | — |
总资产PCORPTON
| Q4 25 | $2.2B | $2.2B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $1.9B | — |
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 | $71.9M |
| 自由现金流经营现金流 - 资本支出 | $109.2M | $71.0M |
| 自由现金流率自由现金流/营收 | 31.3% | 10.8% |
| 资本支出强度资本支出/营收 | 1.6% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $282.2M | — |
8季度趋势，按日历期对齐
经营现金流PCORPTON
| Q4 25 | $114.9M | $71.9M | ||
| Q3 25 | $88.5M | $71.9M | ||
| Q2 25 | $30.8M | — | ||
| Q1 25 | $66.0M | — | ||
| Q4 24 | $29.1M | — | ||
| Q3 24 | $39.3M | — | ||
| Q2 24 | $58.7M | — | ||
| Q1 24 | $69.1M | — |
自由现金流PCORPTON
| Q4 25 | $109.2M | $71.0M | ||
| Q3 25 | $83.1M | $67.4M | ||
| Q2 25 | $27.9M | — | ||
| Q1 25 | $62.0M | — | ||
| Q4 24 | $17.4M | — | ||
| Q3 24 | $35.7M | — | ||
| Q2 24 | $56.8M | — | ||
| Q1 24 | $67.1M | — |
自由现金流率PCORPTON
| Q4 25 | 31.3% | 10.8% | ||
| Q3 25 | 24.5% | 12.2% | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 20.0% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 12.1% | — | ||
| Q2 24 | 20.0% | — | ||
| Q1 24 | 24.9% | — |
资本支出强度PCORPTON
| Q4 25 | 1.6% | 0.1% | ||
| Q3 25 | 1.6% | 0.8% | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.8% | — |
现金转化率PCORPTON
| Q4 25 | — | — | ||
| Q3 25 | — | 5.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
PTON
| Subscription And Circulation | $412.6M | 63% |
| Connected Fitness Products Segment | $243.9M | 37% |
| Product Warranty | $4.0M | 1% |
