vs
Red Cat Holdings, Inc.（RCAT）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
Snowflake Inc.的季度营收约是Red Cat Holdings, Inc.的125.7倍（$1.2B vs $9.6M）。Snowflake Inc.净利率更高（-24.2% vs -166.0%，领先141.8%）。Red Cat Holdings, Inc.同比增速更快（988.2% vs 28.7%）。Snowflake Inc.自由现金流更多（$113.6M vs $-24.5M）。过去两年Red Cat Holdings, Inc.的营收复合增速更高（457.0% vs 25.1%）
Mega Cat Studios是一家总部位于美国宾夕法尼亚州匹兹堡的电子游戏开发与发行企业，由詹姆斯·迪根、尼克·曼恩和扎克·曼科于2015年共同创立，专注于游戏内容的研发与全球发行布局。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
RCAT vs SNOW — 直观对比
营收规模更大
SNOW
是对方的125.7倍
$9.6M
营收增速更快
RCAT
高出959.5%
28.7%
净利率更高
SNOW
高出141.8%
-166.0%
自由现金流更多
SNOW
多$138.1M
$-24.5M
两年增速更快
RCAT
近两年复合增速
25.1%
损益表 — Q3 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $9.6M | $1.2B |
| 净利润 | $-16.0M | $-294.0M |
| 毛利率 | 6.6% | 67.8% |
| 营业利润率 | -181.7% | -27.2% |
| 净利率 | -166.0% | -24.2% |
| 营收同比 | 988.2% | 28.7% |
| 净利润同比 | -29.0% | 9.4% |
| 每股收益（稀释后） | $-0.16 | $-0.87 |
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RCATSNOW
| Q4 25 | — | $1.2B | ||
| Q3 25 | $9.6M | $1.1B | ||
| Q2 25 | $1.1M | $1.0B | ||
| Q1 25 | $1.6M | $986.8M | ||
| Q4 24 | $0 | $942.1M | ||
| Q3 24 | $886.4K | $868.8M | ||
| Q2 24 | — | $828.7M | ||
| Q1 24 | $5.8M | $774.7M |
净利润RCATSNOW
| Q4 25 | — | $-294.0M | ||
| Q3 25 | $-16.0M | $-298.0M | ||
| Q2 25 | $-13.3M | $-430.1M | ||
| Q1 25 | $-23.1M | $-327.5M | ||
| Q4 24 | $-13.3M | $-324.3M | ||
| Q3 24 | $-12.4M | $-316.9M | ||
| Q2 24 | — | $-317.0M | ||
| Q1 24 | $-5.5M | $-169.4M |
毛利率RCATSNOW
| Q4 25 | — | 67.8% | ||
| Q3 25 | 6.6% | 67.5% | ||
| Q2 25 | 33.2% | 66.5% | ||
| Q1 25 | -52.2% | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | -54.5% | 66.8% | ||
| Q2 24 | — | 67.1% | ||
| Q1 24 | 18.8% | 68.8% |
营业利润率RCATSNOW
| Q4 25 | — | -27.2% | ||
| Q3 25 | -181.7% | -29.7% | ||
| Q2 25 | -1120.9% | -42.9% | ||
| Q1 25 | -765.7% | -39.2% | ||
| Q4 24 | — | -38.8% | ||
| Q3 24 | -1400.7% | -40.9% | ||
| Q2 24 | — | -42.1% | ||
| Q1 24 | -76.0% | -35.6% |
净利率RCATSNOW
| Q4 25 | — | -24.2% | ||
| Q3 25 | -166.0% | -26.0% | ||
| Q2 25 | -1176.9% | -41.3% | ||
| Q1 25 | -1418.9% | -33.2% | ||
| Q4 24 | — | -34.4% | ||
| Q3 24 | -1400.7% | -36.5% | ||
| Q2 24 | — | -38.3% | ||
| Q1 24 | -93.9% | -21.9% |
每股收益（稀释后）RCATSNOW
| Q4 25 | — | $-0.87 | ||
| Q3 25 | $-0.16 | $-0.89 | ||
| Q2 25 | $-0.15 | $-1.29 | ||
| Q1 25 | $-0.27 | $-0.98 | ||
| Q4 24 | — | $-0.98 | ||
| Q3 24 | — | $-0.95 | ||
| Q2 24 | — | $-0.95 | ||
| Q1 24 | — | $-0.51 |
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 | — | $1.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $253.3M | $2.1B |
| 总资产 | $286.0M | $8.2B |
| 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RCATSNOW
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.8B |
股东权益RCATSNOW
| Q4 25 | — | $2.1B | ||
| Q3 25 | $253.3M | $2.4B | ||
| Q2 25 | $95.6M | $2.4B | ||
| Q1 25 | $28.9M | $3.0B | ||
| Q4 24 | $27.0M | $2.9B | ||
| Q3 24 | $32.5M | $4.1B | ||
| Q2 24 | — | $4.6B | ||
| Q1 24 | $49.6M | $5.2B |
总资产RCATSNOW
| Q4 25 | — | $8.2B | ||
| Q3 25 | $286.0M | $8.2B | ||
| Q2 25 | $121.4M | $8.2B | ||
| Q1 25 | $59.7M | $9.0B | ||
| Q4 24 | $51.1M | $8.2B | ||
| Q3 24 | $38.0M | $6.9B | ||
| Q2 24 | — | $7.3B | ||
| Q1 24 | $55.3M | $8.2B |
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 | $-23.9M | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $-24.5M | $113.6M |
| 自由现金流率自由现金流/营收 | -254.2% | 9.4% |
| 资本支出强度资本支出/营收 | 6.9% | 2.0% |
| 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 | $-64.1M | $776.7M |
8季度趋势，按日历期对齐
经营现金流RCATSNOW
| Q4 25 | — | $137.5M | ||
| Q3 25 | $-23.9M | $74.9M | ||
| Q2 25 | $-12.9M | $228.4M | ||
| Q1 25 | $-15.9M | $432.7M | ||
| Q4 24 | $-10.1M | $101.7M | ||
| Q3 24 | $-2.3M | $69.9M | ||
| Q2 24 | — | $355.5M | ||
| Q1 24 | $-4.1M | $344.6M |
自由现金流RCATSNOW
| Q4 25 | — | $113.6M | ||
| Q3 25 | $-24.5M | $58.2M | ||
| Q2 25 | $-13.2M | $183.4M | ||
| Q1 25 | $-16.2M | $421.4M | ||
| Q4 24 | $-10.2M | $88.3M | ||
| Q3 24 | $-2.4M | $64.8M | ||
| Q2 24 | — | $338.9M | ||
| Q1 24 | $-4.2M | $331.5M |
自由现金流率RCATSNOW
| Q4 25 | — | 9.4% | ||
| Q3 25 | -254.2% | 5.1% | ||
| Q2 25 | -1170.2% | 17.6% | ||
| Q1 25 | -992.9% | 42.7% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | -276.2% | 7.5% | ||
| Q2 24 | — | 40.9% | ||
| Q1 24 | -71.1% | 42.8% |
资本支出强度RCATSNOW
| Q4 25 | — | 2.0% | ||
| Q3 25 | 6.9% | 1.5% | ||
| Q2 25 | 27.2% | 4.3% | ||
| Q1 25 | 16.8% | 1.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 11.3% | 0.6% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | 0.8% | 1.7% |
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
RCAT
| Products | $8.5M | 88% |
| Services | $1.2M | 12% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
