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PROCORE TECHNOLOGIES, INC.（PCOR）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是PROCORE TECHNOLOGIES, INC.的1.6倍（$566.0M vs $349.1M），PROCORE TECHNOLOGIES, INC.净利率更高（-10.8% vs -33.1%，领先22.3%），PROCORE TECHNOLOGIES, INC.同比增速更快（15.6% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $109.2M），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（13.8% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
PCOR vs WSC — 直观对比
营收规模更大
WSC
是对方的1.6倍
$349.1M
营收增速更快
PCOR
高出21.6%
-6.1%
净利率更高
PCOR
高出22.3%
-33.1%
自由现金流更多
WSC
多$40.5M
$109.2M
两年增速更快
PCOR
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.1M | $566.0M |
| 净利润 | $-37.6M | $-187.3M |
| 毛利率 | 80.1% | 50.4% |
| 营业利润率 | -12.3% | -32.5% |
| 净利率 | -10.8% | -33.1% |
| 营收同比 | 15.6% | -6.1% |
| 净利润同比 | 39.6% | -310.0% |
| 每股收益（稀释后） | $-0.25 | $-1.02 |
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PCORWSC
| Q4 25 | $349.1M | $566.0M | ||
| Q3 25 | $338.9M | $566.8M | ||
| Q2 25 | $323.9M | $589.1M | ||
| Q1 25 | $310.6M | $559.6M | ||
| Q4 24 | $302.0M | $602.5M | ||
| Q3 24 | $295.9M | $601.4M | ||
| Q2 24 | $284.3M | $604.6M | ||
| Q1 24 | $269.4M | $587.2M |
净利润PCORWSC
| Q4 25 | $-37.6M | $-187.3M | ||
| Q3 25 | $-9.1M | $43.3M | ||
| Q2 25 | $-21.1M | $47.9M | ||
| Q1 25 | $-33.0M | $43.1M | ||
| Q4 24 | $-62.3M | $89.2M | ||
| Q3 24 | $-26.4M | $-70.5M | ||
| Q2 24 | $-6.3M | $-46.9M | ||
| Q1 24 | $-11.0M | $56.2M |
毛利率PCORWSC
| Q4 25 | 80.1% | 50.4% | ||
| Q3 25 | 79.7% | 49.7% | ||
| Q2 25 | 79.1% | 50.3% | ||
| Q1 25 | 79.1% | 53.7% | ||
| Q4 24 | 81.2% | 55.8% | ||
| Q3 24 | 81.4% | 53.5% | ||
| Q2 24 | 83.1% | 54.1% | ||
| Q1 24 | 83.0% | 54.0% |
营业利润率PCORWSC
| Q4 25 | -12.3% | -32.5% | ||
| Q3 25 | -4.4% | 21.0% | ||
| Q2 25 | -9.3% | 21.5% | ||
| Q1 25 | -11.7% | 21.3% | ||
| Q4 24 | -21.9% | 28.9% | ||
| Q3 24 | -12.3% | -5.9% | ||
| Q2 24 | -5.2% | -0.9% | ||
| Q1 24 | -7.0% | 22.1% |
净利率PCORWSC
| Q4 25 | -10.8% | -33.1% | ||
| Q3 25 | -2.7% | 7.6% | ||
| Q2 25 | -6.5% | 8.1% | ||
| Q1 25 | -10.6% | 7.7% | ||
| Q4 24 | -20.6% | 14.8% | ||
| Q3 24 | -8.9% | -11.7% | ||
| Q2 24 | -2.2% | -7.7% | ||
| Q1 24 | -4.1% | 9.6% |
每股收益（稀释后）PCORWSC
| Q4 25 | $-0.25 | $-1.02 | ||
| Q3 25 | $-0.06 | $0.24 | ||
| Q2 25 | $-0.14 | $0.26 | ||
| Q1 25 | $-0.22 | $0.23 | ||
| Q4 24 | $-0.42 | $0.48 | ||
| Q3 24 | $-0.18 | $-0.37 | ||
| Q2 24 | $-0.04 | $-0.25 | ||
| Q1 24 | $-0.08 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $1.3B | $856.3M |
| 总资产 | $2.2B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资PCORWSC
| Q4 25 | $768.5M | $14.6M | ||
| Q3 25 | $684.0M | $14.8M | ||
| Q2 25 | $620.9M | $12.8M | ||
| Q1 25 | $566.7M | $10.7M | ||
| Q4 24 | $775.4M | $9.0M | ||
| Q3 24 | $756.9M | $11.0M | ||
| Q2 24 | $735.4M | $5.9M | ||
| Q1 24 | $744.6M | $13.1M |
总债务PCORWSC
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
股东权益PCORWSC
| Q4 25 | $1.3B | $856.3M | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.2B | $1.3B |
总资产PCORWSC
| Q4 25 | $2.2B | $5.8B | ||
| Q3 25 | $2.1B | $6.1B | ||
| Q2 25 | $2.0B | $6.1B | ||
| Q1 25 | $1.9B | $6.0B | ||
| Q4 24 | $2.1B | $6.0B | ||
| Q3 24 | $2.0B | $6.0B | ||
| Q2 24 | $2.0B | $6.0B | ||
| Q1 24 | $1.9B | $6.2B |
负债/权益比PCORWSC
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $109.2M | $149.7M |
| 自由现金流率自由现金流/营收 | 31.3% | 26.5% |
| 资本支出强度资本支出/营收 | 1.6% | 1.6% |
| 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 | $737.7M |
8季度趋势，按日历期对齐
经营现金流PCORWSC
| Q4 25 | $114.9M | $158.9M | ||
| Q3 25 | $88.5M | $191.2M | ||
| Q2 25 | $30.8M | $205.3M | ||
| Q1 25 | $66.0M | $206.6M | ||
| Q4 24 | $29.1M | $178.9M | ||
| Q3 24 | $39.3M | $-1.6M | ||
| Q2 24 | $58.7M | $175.6M | ||
| Q1 24 | $69.1M | $208.7M |
自由现金流PCORWSC
| Q4 25 | $109.2M | $149.7M | ||
| Q3 25 | $83.1M | $186.9M | ||
| Q2 25 | $27.9M | $199.0M | ||
| Q1 25 | $62.0M | $202.0M | ||
| Q4 24 | $17.4M | $176.6M | ||
| Q3 24 | $35.7M | $-4.9M | ||
| Q2 24 | $56.8M | $169.4M | ||
| Q1 24 | $67.1M | $202.1M |
自由现金流率PCORWSC
| Q4 25 | 31.3% | 26.5% | ||
| Q3 25 | 24.5% | 33.0% | ||
| Q2 25 | 8.6% | 33.8% | ||
| Q1 25 | 20.0% | 36.1% | ||
| Q4 24 | 5.8% | 29.3% | ||
| Q3 24 | 12.1% | -0.8% | ||
| Q2 24 | 20.0% | 28.0% | ||
| Q1 24 | 24.9% | 34.4% |
资本支出强度PCORWSC
| Q4 25 | 1.6% | 1.6% | ||
| Q3 25 | 1.6% | 0.7% | ||
| Q2 25 | 0.9% | 1.1% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 3.9% | 0.4% | ||
| Q3 24 | 1.2% | 0.6% | ||
| Q2 24 | 0.7% | 1.0% | ||
| Q1 24 | 0.8% | 1.1% |
现金转化率PCORWSC
| Q4 25 | — | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
