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爱彼迎（ABNB）与BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）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BRIGHT HORIZONS FAMILY SOLUTIONS INC.的3.8倍（$2.8B vs $733.7M）。爱彼迎同比增速更快（12.0% vs 8.8%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 8.5%）
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。
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
ABNB vs BFAM — 直观对比
营收规模更大
ABNB
是对方的3.8倍
$733.7M
营收增速更快
ABNB
高出3.2%
8.8%
两年增速更快
ABNB
近两年复合增速
8.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $733.7M |
| 净利润 | $341.0M | — |
| 毛利率 | 82.5% | 19.3% |
| 营业利润率 | 9.7% | 6.2% |
| 净利率 | 12.3% | — |
| 营收同比 | 12.0% | 8.8% |
| 净利润同比 | -26.0% | — |
| 每股收益（稀释后） | — | $0.38 |
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ABNBBFAM
| Q4 25 | $2.8B | $733.7M | ||
| Q3 25 | $4.1B | $802.8M | ||
| Q2 25 | $3.1B | $731.6M | ||
| Q1 25 | $2.3B | $665.5M | ||
| Q4 24 | $2.5B | $674.1M | ||
| Q3 24 | $3.7B | $719.1M | ||
| Q2 24 | $2.7B | $670.1M | ||
| Q1 24 | $2.1B | $622.7M |
净利润ABNBBFAM
| Q4 25 | $341.0M | — | ||
| Q3 25 | $1.4B | $78.6M | ||
| Q2 25 | $642.0M | $54.8M | ||
| Q1 25 | $154.0M | $38.0M | ||
| Q4 24 | $461.0M | — | ||
| Q3 24 | $1.4B | $54.9M | ||
| Q2 24 | $555.0M | $39.2M | ||
| Q1 24 | $264.0M | $17.0M |
毛利率ABNBBFAM
| Q4 25 | 82.5% | 19.3% | ||
| Q3 25 | 86.6% | 27.0% | ||
| Q2 25 | 82.4% | 25.0% | ||
| Q1 25 | 77.7% | 23.4% | ||
| Q4 24 | 82.8% | 20.8% | ||
| Q3 24 | 87.5% | 25.2% | ||
| Q2 24 | 81.6% | 24.2% | ||
| Q1 24 | 77.6% | 21.7% |
营业利润率ABNBBFAM
| Q4 25 | 9.7% | 6.2% | ||
| Q3 25 | 39.7% | 15.1% | ||
| Q2 25 | 19.8% | 11.8% | ||
| Q1 25 | 1.7% | 9.4% | ||
| Q4 24 | 17.3% | 7.2% | ||
| Q3 24 | 40.9% | 12.4% | ||
| Q2 24 | 18.1% | 10.3% | ||
| Q1 24 | 4.7% | 6.4% |
净利率ABNBBFAM
| Q4 25 | 12.3% | — | ||
| Q3 25 | 33.6% | 9.8% | ||
| Q2 25 | 20.7% | 7.5% | ||
| Q1 25 | 6.8% | 5.7% | ||
| Q4 24 | 18.6% | — | ||
| Q3 24 | 36.7% | 7.6% | ||
| Q2 24 | 20.2% | 5.8% | ||
| Q1 24 | 12.3% | 2.7% |
每股收益（稀释后）ABNBBFAM
| Q4 25 | — | $0.38 | ||
| Q3 25 | — | $1.37 | ||
| Q2 25 | — | $0.95 | ||
| Q1 25 | — | $0.66 | ||
| Q4 24 | — | $0.50 | ||
| Q3 24 | — | $0.94 | ||
| Q2 24 | — | $0.67 | ||
| Q1 24 | — | $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 | $11.0B | $140.1M |
| 总债务越低越好 | — | $747.6M |
| 股东权益账面价值 | $8.2B | $1.3B |
| 总资产 | $22.2B | $3.9B |
| 负债/权益比越低杠杆越低 | — | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资ABNBBFAM
| Q4 25 | $11.0B | $140.1M | ||
| Q3 25 | $11.7B | $116.6M | ||
| Q2 25 | $11.4B | $179.2M | ||
| Q1 25 | $11.5B | $112.0M | ||
| Q4 24 | $10.6B | $110.3M | ||
| Q3 24 | $11.3B | $109.9M | ||
| Q2 24 | $11.3B | $140.2M | ||
| Q1 24 | $11.1B | $63.7M |
总债务ABNBBFAM
| Q4 25 | — | $747.6M | ||
| Q3 25 | — | $747.5M | ||
| Q2 25 | — | $797.0M | ||
| Q1 25 | — | $872.7M | ||
| Q4 24 | — | $918.4M | ||
| Q3 24 | — | $925.7M | ||
| Q2 24 | — | $931.9M | ||
| Q1 24 | — | $938.1M |
股东权益ABNBBFAM
| Q4 25 | $8.2B | $1.3B | ||
| Q3 25 | $8.6B | $1.4B | ||
| Q2 25 | $7.8B | $1.4B | ||
| Q1 25 | $7.9B | $1.3B | ||
| Q4 24 | $8.4B | $1.3B | ||
| Q3 24 | $8.5B | $1.4B | ||
| Q2 24 | $8.0B | $1.3B | ||
| Q1 24 | $7.9B | $1.2B |
总资产ABNBBFAM
| Q4 25 | $22.2B | $3.9B | ||
| Q3 25 | $23.1B | $3.9B | ||
| Q2 25 | $27.0B | $3.9B | ||
| Q1 25 | $25.1B | $3.8B | ||
| Q4 24 | $21.0B | $3.9B | ||
| Q3 24 | $22.2B | $3.9B | ||
| Q2 24 | $26.3B | $3.8B | ||
| Q1 24 | $24.5B | $3.8B |
负债/权益比ABNBBFAM
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.73× | ||
| Q1 24 | — | 0.76× |
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 | $350.7M |
| 自由现金流经营现金流 - 资本支出 | — | $258.5M |
| 自由现金流率自由现金流/营收 | — | 35.2% |
| 资本支出强度资本支出/营收 | — | 12.6% |
| 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 | — | $402.4M |
8季度趋势，按日历期对齐
经营现金流ABNBBFAM
| Q4 25 | $526.0M | $350.7M | ||
| Q3 25 | $1.4B | $-17.6M | ||
| Q2 25 | $975.0M | $134.2M | ||
| Q1 25 | $1.8B | $86.2M | ||
| Q4 24 | $466.0M | $337.5M | ||
| Q3 24 | $1.1B | $-8.9M | ||
| Q2 24 | $1.1B | $109.4M | ||
| Q1 24 | $1.9B | $116.3M |
自由现金流ABNBBFAM
| Q4 25 | — | $258.5M | ||
| Q3 25 | — | $-42.4M | ||
| Q2 25 | — | $115.4M | ||
| Q1 25 | — | $70.9M | ||
| Q4 24 | — | $240.2M | ||
| Q3 24 | — | $-32.2M | ||
| Q2 24 | — | $86.8M | ||
| Q1 24 | — | $96.9M |
自由现金流率ABNBBFAM
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | -5.3% | ||
| Q2 25 | — | 15.8% | ||
| Q1 25 | — | 10.7% | ||
| Q4 24 | — | 35.6% | ||
| Q3 24 | — | -4.5% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 15.6% |
资本支出强度ABNBBFAM
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 3.1% |
现金转化率ABNBBFAM
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | -0.22× | ||
| Q2 25 | 1.52× | 2.45× | ||
| Q1 25 | 11.62× | 2.26× | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | -0.16× | ||
| Q2 24 | 1.89× | 2.79× | ||
| Q1 24 | 7.28× | 6.85× |
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% |
BFAM
暂无分部数据
