vs
爱彼迎（ABNB）与艾睿电子（ARW）财务数据对比。点击上方公司名可切换其他公司
艾睿电子的季度营收约是爱彼迎的3.1倍（$8.7B vs $2.8B）。爱彼迎净利率更高（12.3% vs 2.2%，领先10.1%）。艾睿电子同比增速更快（20.1% vs 12.0%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 12.4%）
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。
艾睿电子是总部位于美国科罗拉多州森特纳尼尔的企业，为全球客户提供电子元器件与企业计算产品，面向原始设备制造商、增值经销商、合同制造商等商业客户提供分销及增值服务，位列美国财富500强第154位。
ABNB vs ARW — 直观对比
营收规模更大
ARW
是对方的3.1倍
$2.8B
营收增速更快
ARW
高出8.1%
12.0%
净利率更高
ABNB
高出10.1%
2.2%
两年增速更快
ABNB
近两年复合增速
12.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $8.7B |
| 净利润 | $341.0M | $194.6M |
| 毛利率 | 82.5% | 11.5% |
| 营业利润率 | 9.7% | 3.4% |
| 净利率 | 12.3% | 2.2% |
| 营收同比 | 12.0% | 20.1% |
| 净利润同比 | -26.0% | 96.2% |
| 每股收益（稀释后） | — | $3.74 |
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ABNBARW
| Q4 25 | $2.8B | $8.7B | ||
| Q3 25 | $4.1B | $7.7B | ||
| Q2 25 | $3.1B | $7.6B | ||
| Q1 25 | $2.3B | $6.8B | ||
| Q4 24 | $2.5B | $7.3B | ||
| Q3 24 | $3.7B | $6.8B | ||
| Q2 24 | $2.7B | $6.9B | ||
| Q1 24 | $2.1B | $6.9B |
净利润ABNBARW
| Q4 25 | $341.0M | $194.6M | ||
| Q3 25 | $1.4B | $109.2M | ||
| Q2 25 | $642.0M | $187.7M | ||
| Q1 25 | $154.0M | $79.7M | ||
| Q4 24 | $461.0M | $99.2M | ||
| Q3 24 | $1.4B | $100.6M | ||
| Q2 24 | $555.0M | $108.7M | ||
| Q1 24 | $264.0M | $83.6M |
毛利率ABNBARW
| Q4 25 | 82.5% | 11.5% | ||
| Q3 25 | 86.6% | 10.8% | ||
| Q2 25 | 82.4% | 11.2% | ||
| Q1 25 | 77.7% | 11.4% | ||
| Q4 24 | 82.8% | 11.0% | ||
| Q3 24 | 87.5% | 11.5% | ||
| Q2 24 | 81.6% | 12.3% | ||
| Q1 24 | 77.6% | 12.4% |
营业利润率ABNBARW
| Q4 25 | 9.7% | 3.4% | ||
| Q3 25 | 39.7% | 2.3% | ||
| Q2 25 | 19.8% | 2.5% | ||
| Q1 25 | 1.7% | 2.3% | ||
| Q4 24 | 17.3% | 2.7% | ||
| Q3 24 | 40.9% | 2.6% | ||
| Q2 24 | 18.1% | 3.1% | ||
| Q1 24 | 4.7% | 2.7% |
净利率ABNBARW
| Q4 25 | 12.3% | 2.2% | ||
| Q3 25 | 33.6% | 1.4% | ||
| Q2 25 | 20.7% | 2.5% | ||
| Q1 25 | 6.8% | 1.2% | ||
| Q4 24 | 18.6% | 1.4% | ||
| Q3 24 | 36.7% | 1.5% | ||
| Q2 24 | 20.2% | 1.6% | ||
| Q1 24 | 12.3% | 1.2% |
每股收益（稀释后）ABNBARW
| Q4 25 | — | $3.74 | ||
| Q3 25 | — | $2.09 | ||
| Q2 25 | — | $3.59 | ||
| Q1 25 | — | $1.51 | ||
| Q4 24 | — | $1.87 | ||
| Q3 24 | — | $1.88 | ||
| Q2 24 | — | $2.01 | ||
| Q1 24 | — | $1.53 |
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 | $306.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $6.6B |
| 总资产 | $22.2B | $29.1B |
| 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ABNBARW
| Q4 25 | $11.0B | $306.5M | ||
| Q3 25 | $11.7B | $213.6M | ||
| Q2 25 | $11.4B | $222.0M | ||
| Q1 25 | $11.5B | $231.9M | ||
| Q4 24 | $10.6B | $188.8M | ||
| Q3 24 | $11.3B | $248.0M | ||
| Q2 24 | $11.3B | $213.0M | ||
| Q1 24 | $11.1B | $242.8M |
股东权益ABNBARW
| Q4 25 | $8.2B | $6.6B | ||
| Q3 25 | $8.6B | $6.4B | ||
| Q2 25 | $7.8B | $6.3B | ||
| Q1 25 | $7.9B | $5.9B | ||
| Q4 24 | $8.4B | $5.8B | ||
| Q3 24 | $8.5B | $6.0B | ||
| Q2 24 | $8.0B | $5.7B | ||
| Q1 24 | $7.9B | $5.7B |
总资产ABNBARW
| Q4 25 | $22.2B | $29.1B | ||
| Q3 25 | $23.1B | $24.5B | ||
| Q2 25 | $27.0B | $24.3B | ||
| Q1 25 | $25.1B | $21.4B | ||
| Q4 24 | $21.0B | $21.8B | ||
| Q3 24 | $22.2B | $20.9B | ||
| Q2 24 | $26.3B | $20.1B | ||
| Q1 24 | $24.5B | $20.3B |
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 | $199.9M |
| 自由现金流经营现金流 - 资本支出 | — | $172.6M |
| 自由现金流率自由现金流/营收 | — | 2.0% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.03× |
| 过去12个月自由现金流最近4个季度 | — | $-37.2M |
8季度趋势，按日历期对齐
经营现金流ABNBARW
| Q4 25 | $526.0M | $199.9M | ||
| Q3 25 | $1.4B | $-281.7M | ||
| Q2 25 | $975.0M | $-205.9M | ||
| Q1 25 | $1.8B | $351.7M | ||
| Q4 24 | $466.0M | $326.5M | ||
| Q3 24 | $1.1B | $80.6M | ||
| Q2 24 | $1.1B | $320.2M | ||
| Q1 24 | $1.9B | $403.2M |
自由现金流ABNBARW
| Q4 25 | — | $172.6M | ||
| Q3 25 | — | $-312.0M | ||
| Q2 25 | — | $-224.5M | ||
| Q1 25 | — | $326.7M | ||
| Q4 24 | — | $303.9M | ||
| Q3 24 | — | $62.0M | ||
| Q2 24 | — | $298.1M | ||
| Q1 24 | — | $373.7M |
自由现金流率ABNBARW
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | -4.0% | ||
| Q2 25 | — | -3.0% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 5.4% |
资本支出强度ABNBARW
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.4% |
现金转化率ABNBARW
| Q4 25 | 1.54× | 1.03× | ||
| Q3 25 | 0.99× | -2.58× | ||
| Q2 25 | 1.52× | -1.10× | ||
| Q1 25 | 11.62× | 4.41× | ||
| Q4 24 | 1.01× | 3.29× | ||
| Q3 24 | 0.79× | 0.80× | ||
| Q2 24 | 1.89× | 2.95× | ||
| Q1 24 | 7.28× | 4.82× |
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% |
ARW
暂无分部数据
