vs
爱彼迎（ABNB）与Funko, Inc.（FNKO）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Funko, Inc.的10.2倍（$2.8B vs $273.1M）。爱彼迎净利率更高（12.3% vs -0.1%，领先12.3%）。爱彼迎同比增速更快（12.0% vs -7.0%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 12.5%）
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。
Funko是一家美国知名流行文化周边收藏品牌，主打获得IP授权的限量收藏商品，以 vinyl 搪胶收藏人偶和摇头公仔闻名，同时也生产授权毛绒玩具、可动玩偶、服饰、配件及周边桌游。该品牌由迈克·贝克尔与克劳迪娅·贝克尔于1998年创立，最初只是主打复古怀旧风的小型手工玩具项目。
ABNB vs FNKO — 直观对比
营收规模更大
ABNB
是对方的10.2倍
$273.1M
营收增速更快
ABNB
高出19.0%
-7.0%
净利率更高
ABNB
高出12.3%
-0.1%
两年增速更快
ABNB
近两年复合增速
12.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $273.1M |
| 净利润 | $341.0M | $-183.0K |
| 毛利率 | 82.5% | — |
| 营业利润率 | 9.7% | 2.2% |
| 净利率 | 12.3% | -0.1% |
| 营收同比 | 12.0% | -7.0% |
| 净利润同比 | -26.0% | 87.8% |
| 每股收益（稀释后） | — | $0.00 |
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ABNBFNKO
| Q4 25 | $2.8B | $273.1M | ||
| Q3 25 | $4.1B | $250.9M | ||
| Q2 25 | $3.1B | $193.5M | ||
| Q1 25 | $2.3B | $190.7M | ||
| Q4 24 | $2.5B | $293.7M | ||
| Q3 24 | $3.7B | $292.8M | ||
| Q2 24 | $2.7B | $247.7M | ||
| Q1 24 | $2.1B | $215.7M |
净利润ABNBFNKO
| Q4 25 | $341.0M | $-183.0K | ||
| Q3 25 | $1.4B | $901.0K | ||
| Q2 25 | $642.0M | $-40.5M | ||
| Q1 25 | $154.0M | $-27.6M | ||
| Q4 24 | $461.0M | $-1.5M | ||
| Q3 24 | $1.4B | $4.3M | ||
| Q2 24 | $555.0M | $5.1M | ||
| Q1 24 | $264.0M | $-22.7M |
毛利率ABNBFNKO
| Q4 25 | 82.5% | — | ||
| Q3 25 | 86.6% | — | ||
| Q2 25 | 82.4% | — | ||
| Q1 25 | 77.7% | — | ||
| Q4 24 | 82.8% | — | ||
| Q3 24 | 87.5% | 40.9% | ||
| Q2 24 | 81.6% | 42.0% | ||
| Q1 24 | 77.6% | 40.0% |
营业利润率ABNBFNKO
| Q4 25 | 9.7% | 2.2% | ||
| Q3 25 | 39.7% | 2.6% | ||
| Q2 25 | 19.8% | -18.0% | ||
| Q1 25 | 1.7% | -12.2% | ||
| Q4 24 | 17.3% | 1.8% | ||
| Q3 24 | 40.9% | 4.0% | ||
| Q2 24 | 18.1% | 4.3% | ||
| Q1 24 | 4.7% | -6.9% |
净利率ABNBFNKO
| Q4 25 | 12.3% | -0.1% | ||
| Q3 25 | 33.6% | 0.4% | ||
| Q2 25 | 20.7% | -20.9% | ||
| Q1 25 | 6.8% | -14.5% | ||
| Q4 24 | 18.6% | -0.5% | ||
| Q3 24 | 36.7% | 1.5% | ||
| Q2 24 | 20.2% | 2.1% | ||
| Q1 24 | 12.3% | -10.5% |
每股收益（稀释后）ABNBFNKO
| Q4 25 | — | $0.00 | ||
| Q3 25 | — | $0.02 | ||
| Q2 25 | — | $-0.74 | ||
| Q1 25 | — | $-0.52 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | — | $0.08 | ||
| Q2 24 | — | $0.10 | ||
| Q1 24 | — | $-0.45 |
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 | $42.1M |
| 总债务越低越好 | — | $100.3M |
| 股东权益账面价值 | $8.2B | $185.8M |
| 总资产 | $22.2B | $685.2M |
| 负债/权益比越低杠杆越低 | — | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资ABNBFNKO
| Q4 25 | $11.0B | $42.1M | ||
| Q3 25 | $11.7B | $39.2M | ||
| Q2 25 | $11.4B | $49.2M | ||
| Q1 25 | $11.5B | $25.9M | ||
| Q4 24 | $10.6B | $34.7M | ||
| Q3 24 | $11.3B | $28.5M | ||
| Q2 24 | $11.3B | $41.6M | ||
| Q1 24 | $11.1B | $26.1M |
总债务ABNBFNKO
| Q4 25 | — | $100.3M | ||
| Q3 25 | — | $106.0M | ||
| Q2 25 | — | $111.6M | ||
| Q1 25 | — | $117.2M | ||
| Q4 24 | — | $122.8M | ||
| Q3 24 | — | $128.4M | ||
| Q2 24 | — | $133.9M | ||
| Q1 24 | — | $139.4M |
股东权益ABNBFNKO
| Q4 25 | $8.2B | $185.8M | ||
| Q3 25 | $8.6B | $182.7M | ||
| Q2 25 | $7.8B | $181.2M | ||
| Q1 25 | $7.9B | $212.8M | ||
| Q4 24 | $8.4B | $233.0M | ||
| Q3 24 | $8.5B | $236.5M | ||
| Q2 24 | $8.0B | $223.5M | ||
| Q1 24 | $7.9B | $212.5M |
总资产ABNBFNKO
| Q4 25 | $22.2B | $685.2M | ||
| Q3 25 | $23.1B | $699.3M | ||
| Q2 25 | $27.0B | $694.9M | ||
| Q1 25 | $25.1B | $648.4M | ||
| Q4 24 | $21.0B | $707.3M | ||
| Q3 24 | $22.2B | $783.6M | ||
| Q2 24 | $26.3B | $737.8M | ||
| Q1 24 | $24.5B | $725.5M |
负债/权益比ABNBFNKO
| Q4 25 | — | 0.54× | ||
| Q3 25 | — | 0.58× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.66× |
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 | $28.1M |
| 自由现金流经营现金流 - 资本支出 | — | $19.2M |
| 自由现金流率自由现金流/营收 | — | 7.0% |
| 资本支出强度资本支出/营收 | — | 3.3% |
| 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 | — | $-38.1M |
8季度趋势，按日历期对齐
经营现金流ABNBFNKO
| Q4 25 | $526.0M | $28.1M | ||
| Q3 25 | $1.4B | $11.2M | ||
| Q2 25 | $975.0M | $-22.2M | ||
| Q1 25 | $1.8B | $-22.3M | ||
| Q4 24 | $466.0M | $59.8M | ||
| Q3 24 | $1.1B | $3.3M | ||
| Q2 24 | $1.1B | $45.9M | ||
| Q1 24 | $1.9B | $14.5M |
自由现金流ABNBFNKO
| Q4 25 | — | $19.2M | ||
| Q3 25 | — | $3.4M | ||
| Q2 25 | — | $-31.8M | ||
| Q1 25 | — | $-28.8M | ||
| Q4 24 | — | $47.8M | ||
| Q3 24 | — | $-4.2M | ||
| Q2 24 | — | $36.8M | ||
| Q1 24 | — | $10.3M |
自由现金流率ABNBFNKO
| Q4 25 | — | 7.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | -16.5% | ||
| Q1 25 | — | -15.1% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | -1.4% | ||
| Q2 24 | — | 14.9% | ||
| Q1 24 | — | 4.8% |
资本支出强度ABNBFNKO
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | 1.9% |
现金转化率ABNBFNKO
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | 12.47× | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | 0.77× | ||
| Q2 24 | 1.89× | 8.97× | ||
| 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% |
FNKO
| Core Collectibles | $221.0M | 81% |
| Loungefly LLC | $43.1M | 16% |
| Other Products Excluding Core Collectibles And Loungefly Brands | $9.0M | 3% |
