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PROCORE TECHNOLOGIES, INC.（PCOR）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是PROCORE TECHNOLOGIES, INC.的1.2倍（$404.2M vs $349.1M），Regency Centers净利率更高（50.1% vs -10.8%，领先60.9%），PROCORE TECHNOLOGIES, INC.同比增速更快（15.6% vs 8.5%），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（13.8% vs 5.4%）
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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
PCOR vs REG — 直观对比
营收规模更大
REG
是对方的1.2倍
$349.1M
营收增速更快
PCOR
高出7.1%
8.5%
净利率更高
REG
高出60.9%
-10.8%
两年增速更快
PCOR
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.1M | $404.2M |
| 净利润 | $-37.6M | $202.5M |
| 毛利率 | 80.1% | — |
| 营业利润率 | -12.3% | 71.0% |
| 净利率 | -10.8% | 50.1% |
| 营收同比 | 15.6% | 8.5% |
| 净利润同比 | 39.6% | 134.1% |
| 每股收益（稀释后） | $-0.25 | — |
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PCORREG
| Q4 25 | $349.1M | $404.2M | ||
| Q3 25 | $338.9M | $387.6M | ||
| Q2 25 | $323.9M | $380.8M | ||
| Q1 25 | $310.6M | $380.9M | ||
| Q4 24 | $302.0M | $372.5M | ||
| Q3 24 | $295.9M | $360.3M | ||
| Q2 24 | $284.3M | $357.3M | ||
| Q1 24 | $269.4M | $363.9M |
净利润PCORREG
| Q4 25 | $-37.6M | $202.5M | ||
| Q3 25 | $-9.1M | $109.4M | ||
| Q2 25 | $-21.1M | $106.0M | ||
| Q1 25 | $-33.0M | $109.6M | ||
| Q4 24 | $-62.3M | $86.5M | ||
| Q3 24 | $-26.4M | $101.5M | ||
| Q2 24 | $-6.3M | $102.7M | ||
| Q1 24 | $-11.0M | $109.8M |
毛利率PCORREG
| Q4 25 | 80.1% | — | ||
| Q3 25 | 79.7% | — | ||
| 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PCORREG
| Q4 25 | -12.3% | 71.0% | ||
| Q3 25 | -4.4% | 72.7% | ||
| Q2 25 | -9.3% | 73.8% | ||
| Q1 25 | -11.7% | 71.8% | ||
| Q4 24 | -21.9% | 71.1% | ||
| Q3 24 | -12.3% | 72.5% | ||
| Q2 24 | -5.2% | 72.3% | ||
| Q1 24 | -7.0% | 72.3% |
净利率PCORREG
| Q4 25 | -10.8% | 50.1% | ||
| Q3 25 | -2.7% | 28.2% | ||
| Q2 25 | -6.5% | 27.8% | ||
| Q1 25 | -10.6% | 28.8% | ||
| Q4 24 | -20.6% | 23.2% | ||
| Q3 24 | -8.9% | 28.2% | ||
| Q2 24 | -2.2% | 28.7% | ||
| Q1 24 | -4.1% | 30.2% |
每股收益（稀释后）PCORREG
| Q4 25 | $-0.25 | — | ||
| Q3 25 | $-0.06 | — | ||
| 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 | — |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $1.3B | $6.9B |
| 总资产 | $2.2B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资PCORREG
| 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PCORREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.9B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
股东权益PCORREG
| Q4 25 | $1.3B | $6.9B | ||
| Q3 25 | $1.2B | $6.8B | ||
| Q2 25 | $1.2B | $6.7B | ||
| Q1 25 | $1.2B | $6.7B | ||
| Q4 24 | $1.3B | $6.7B | ||
| Q3 24 | $1.3B | $6.8B | ||
| Q2 24 | $1.3B | $6.8B | ||
| Q1 24 | $1.2B | $7.0B |
总资产PCORREG
| Q4 25 | $2.2B | $13.0B | ||
| Q3 25 | $2.1B | $13.1B | ||
| Q2 25 | $2.0B | $12.7B | ||
| Q1 25 | $1.9B | $12.6B | ||
| Q4 24 | $2.1B | $12.4B | ||
| Q3 24 | $2.0B | $12.4B | ||
| Q2 24 | $2.0B | $12.4B | ||
| Q1 24 | $1.9B | $12.7B |
负债/权益比PCORREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.63× |
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 | $203.9M |
| 自由现金流经营现金流 - 资本支出 | $109.2M | — |
| 自由现金流率自由现金流/营收 | 31.3% | — |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 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PCORREG
| Q4 25 | $114.9M | $203.9M | ||
| Q3 25 | $88.5M | $218.7M | ||
| Q2 25 | $30.8M | $244.0M | ||
| Q1 25 | $66.0M | $161.0M | ||
| Q4 24 | $29.1M | $191.4M | ||
| Q3 24 | $39.3M | $227.6M | ||
| Q2 24 | $58.7M | $203.5M | ||
| Q1 24 | $69.1M | $167.8M |
自由现金流PCORREG
| Q4 25 | $109.2M | — | ||
| Q3 25 | $83.1M | — | ||
| 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PCORREG
| Q4 25 | 31.3% | — | ||
| Q3 25 | 24.5% | — | ||
| 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PCORREG
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.6% | — | ||
| 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PCORREG
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 2.30× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | — | 2.21× | ||
| Q3 24 | — | 2.24× | ||
| Q2 24 | — | 1.98× | ||
| Q1 24 | — | 1.53× |
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% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
