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爱彼迎（ABNB）与Powerfleet, Inc.（AIOT）财务数据对比。点击上方公司名可切换其他公司
爱彼迎的季度营收约是Powerfleet, Inc.的24.5倍（$2.8B vs $113.5M）。爱彼迎净利率更高（12.3% vs -3.0%，领先15.2%）。爱彼迎同比增速更快（12.0% vs 6.6%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 3.3%）
爱彼迎是全球知名的旅行住宿及体验共享平台，成立于2007年，2010年正式启用现名。平台连接全球各地的房东与旅客，用户可通过网页或移动端预订私人客房、普通住宅、度假屋等多元住宿，也可报名参与当地特色体验项目，是共享经济领域的代表性企业。
Powerfleet Inc.是一家总部位于美国新泽西州伍德克利夫湖的企业，作为全球供应商向市场提供物联网与机器对机器解决方案，助力企业保护、管控及追踪高价值资产。公司是国际车联网行业的知名服务商，可为工业车辆、车队及货运集装箱提供车队管理、资产追踪、货运可视化与驾驶员行为监控服务。
ABNB vs AIOT — 直观对比
营收规模更大
ABNB
是对方的24.5倍
$113.5M
营收增速更快
ABNB
高出5.4%
6.6%
净利率更高
ABNB
高出15.2%
-3.0%
两年增速更快
ABNB
近两年复合增速
3.3%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $113.5M |
| 净利润 | $341.0M | $-3.4M |
| 毛利率 | 82.5% | 55.2% |
| 营业利润率 | 9.7% | 5.6% |
| 净利率 | 12.3% | -3.0% |
| 营收同比 | 12.0% | 6.6% |
| 净利润同比 | -26.0% | 76.6% |
| 每股收益（稀释后） | — | $-0.03 |
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ABNBAIOT
| Q4 25 | $2.8B | $113.5M | ||
| Q3 25 | $4.1B | $111.7M | ||
| Q2 25 | $3.1B | $104.1M | ||
| Q1 25 | $2.3B | $103.6M | ||
| Q4 24 | $2.5B | $106.4M | ||
| Q3 24 | $3.7B | $77.0M | ||
| Q2 24 | $2.7B | $75.4M | ||
| Q1 24 | $2.1B | — |
净利润ABNBAIOT
| Q4 25 | $341.0M | $-3.4M | ||
| Q3 25 | $1.4B | $-4.3M | ||
| Q2 25 | $642.0M | $-10.2M | ||
| Q1 25 | $154.0M | $-12.4M | ||
| Q4 24 | $461.0M | $-14.3M | ||
| Q3 24 | $1.4B | $-1.9M | ||
| Q2 24 | $555.0M | $-22.3M | ||
| Q1 24 | $264.0M | — |
毛利率ABNBAIOT
| Q4 25 | 82.5% | 55.2% | ||
| Q3 25 | 86.6% | 56.0% | ||
| Q2 25 | 82.4% | 54.2% | ||
| Q1 25 | 77.7% | 52.8% | ||
| Q4 24 | 82.8% | 55.2% | ||
| Q3 24 | 87.5% | 53.7% | ||
| Q2 24 | 81.6% | 52.6% | ||
| Q1 24 | 77.6% | — |
营业利润率ABNBAIOT
| Q4 25 | 9.7% | 5.6% | ||
| Q3 25 | 39.7% | 3.8% | ||
| Q2 25 | 19.8% | -2.0% | ||
| Q1 25 | 1.7% | -6.7% | ||
| Q4 24 | 17.3% | -1.2% | ||
| Q3 24 | 40.9% | 0.7% | ||
| Q2 24 | 18.1% | -24.2% | ||
| Q1 24 | 4.7% | — |
净利率ABNBAIOT
| Q4 25 | 12.3% | -3.0% | ||
| Q3 25 | 33.6% | -3.8% | ||
| Q2 25 | 20.7% | -9.8% | ||
| Q1 25 | 6.8% | -12.0% | ||
| Q4 24 | 18.6% | -13.5% | ||
| Q3 24 | 36.7% | -2.5% | ||
| Q2 24 | 20.2% | -29.6% | ||
| Q1 24 | 12.3% | — |
每股收益（稀释后）ABNBAIOT
| Q4 25 | — | $-0.03 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $-0.09 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | — | $-0.21 | ||
| Q1 24 | — | — |
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 | $11.0B | $31.2M |
| 总债务越低越好 | — | $237.8M |
| 股东权益账面价值 | $8.2B | $485.0M |
| 总资产 | $22.2B | $959.5M |
| 负债/权益比越低杠杆越低 | — | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资ABNBAIOT
| Q4 25 | $11.0B | $31.2M | ||
| Q3 25 | $11.7B | $27.9M | ||
| Q2 25 | $11.4B | $31.2M | ||
| Q1 25 | $11.5B | $44.4M | ||
| Q4 24 | $10.6B | $33.6M | ||
| Q3 24 | $11.3B | $26.0M | ||
| Q2 24 | $11.3B | $30.2M | ||
| Q1 24 | $11.1B | — |
总债务ABNBAIOT
| Q4 25 | — | $237.8M | ||
| Q3 25 | — | $238.2M | ||
| Q2 25 | — | $239.0M | ||
| Q1 25 | — | $237.5M | ||
| Q4 24 | — | $238.5M | ||
| Q3 24 | — | $113.6M | ||
| Q2 24 | — | $113.7M | ||
| Q1 24 | — | — |
股东权益ABNBAIOT
| Q4 25 | $8.2B | $485.0M | ||
| Q3 25 | $8.6B | $468.8M | ||
| Q2 25 | $7.8B | $460.7M | ||
| Q1 25 | $7.9B | $446.6M | ||
| Q4 24 | $8.4B | $458.4M | ||
| Q3 24 | $8.5B | $451.0M | ||
| Q2 24 | $8.0B | $390.4M | ||
| Q1 24 | $7.9B | — |
总资产ABNBAIOT
| Q4 25 | $22.2B | $959.5M | ||
| Q3 25 | $23.1B | $936.9M | ||
| Q2 25 | $27.0B | $930.8M | ||
| Q1 25 | $25.1B | $910.1M | ||
| Q4 24 | $21.0B | $908.7M | ||
| Q3 24 | $22.2B | $748.3M | ||
| Q2 24 | $26.3B | $684.9M | ||
| Q1 24 | $24.5B | — |
负债/权益比ABNBAIOT
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.25× | ||
| Q2 24 | — | 0.29× | ||
| 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 | $526.0M | $10.2M |
| 自由现金流经营现金流 - 资本支出 | — | $4.9M |
| 自由现金流率自由现金流/营收 | — | 4.4% |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 现金转化率经营现金流/净利润 | 1.54× | — |
| 过去12个月自由现金流最近4个季度 | — | $12.9M |
8季度趋势，按日历期对齐
经营现金流ABNBAIOT
| Q4 25 | $526.0M | $10.2M | ||
| Q3 25 | $1.4B | $5.5M | ||
| Q2 25 | $975.0M | $4.7M | ||
| Q1 25 | $1.8B | $13.5M | ||
| Q4 24 | $466.0M | — | ||
| Q3 24 | $1.1B | $-3.2M | ||
| Q2 24 | $1.1B | $-7.6M | ||
| Q1 24 | $1.9B | — |
自由现金流ABNBAIOT
| Q4 25 | — | $4.9M | ||
| Q3 25 | — | $1.2M | ||
| Q2 25 | — | $-3.4M | ||
| Q1 25 | — | $10.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-8.0M | ||
| Q2 24 | — | $-13.2M | ||
| Q1 24 | — | — |
自由现金流率ABNBAIOT
| Q4 25 | — | 4.4% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | -3.3% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -10.4% | ||
| Q2 24 | — | -17.5% | ||
| Q1 24 | — | — |
资本支出强度ABNBAIOT
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | — |
现金转化率ABNBAIOT
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 7.28× | — |
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
ABNB
| North America | $1.1B | 41% |
| EMEA | $930.0M | 33% |
| Latin America | $351.0M | 13% |
| Other | $351.0M | 13% |
AIOT
| Services | $91.1M | 80% |
| Products | $22.4M | 20% |
