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爱彼迎（ABNB）与H&R BLOCK INC（HRB）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H&R BLOCK INC的14.0倍（$2.8B vs $198.9M）。爱彼迎净利率更高（12.3% vs -121.8%，领先134.0%）。爱彼迎同比增速更快（12.0% vs 11.1%）。过去两年爱彼迎的营收复合增速更高（13.9% vs -69.8%）
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。
H&R Block是美国知名税务服务企业，1955年由亨利·布洛克与理查德·布洛克兄弟在密苏里州堪萨斯城创立，目前业务范围覆盖美国、加拿大、澳大利亚三地，为个人及企业客户提供专业的税务申报、咨询等相关服务，在行业内拥有较高知名度。
ABNB vs HRB — 直观对比
营收规模更大
ABNB
是对方的14.0倍
$198.9M
营收增速更快
ABNB
高出1.0%
11.1%
净利率更高
ABNB
高出134.0%
-121.8%
两年增速更快
ABNB
近两年复合增速
-69.8%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $198.9M |
| 净利润 | $341.0M | $-242.2M |
| 毛利率 | 82.5% | -70.9% |
| 营业利润率 | 9.7% | -160.5% |
| 净利率 | 12.3% | -121.8% |
| 营收同比 | 12.0% | 11.1% |
| 净利润同比 | -26.0% | 0.5% |
| 每股收益（稀释后） | — | — |
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ABNBHRB
| Q4 25 | $2.8B | $198.9M | ||
| Q3 25 | $4.1B | $203.6M | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $2.3B | $2.3B | ||
| Q4 24 | $2.5B | $179.1M | ||
| Q3 24 | $3.7B | $193.8M | ||
| Q2 24 | $2.7B | $1.1B | ||
| Q1 24 | $2.1B | $2.2B |
净利润ABNBHRB
| Q4 25 | $341.0M | $-242.2M | ||
| Q3 25 | $1.4B | $-165.8M | ||
| Q2 25 | $642.0M | $299.4M | ||
| Q1 25 | $154.0M | $722.3M | ||
| Q4 24 | $461.0M | $-243.4M | ||
| Q3 24 | $1.4B | $-172.6M | ||
| Q2 24 | $555.0M | $257.8M | ||
| Q1 24 | $264.0M | $690.7M |
毛利率ABNBHRB
| Q4 25 | 82.5% | -70.9% | ||
| Q3 25 | 86.6% | -34.6% | ||
| Q2 25 | 82.4% | — | ||
| Q1 25 | 77.7% | 57.4% | ||
| Q4 24 | 82.8% | -75.5% | ||
| Q3 24 | 87.5% | -39.1% | ||
| Q2 24 | 81.6% | — | ||
| Q1 24 | 77.6% | 57.6% |
营业利润率ABNBHRB
| Q4 25 | 9.7% | -160.5% | ||
| Q3 25 | 39.7% | -106.3% | ||
| Q2 25 | 19.8% | 33.1% | ||
| Q1 25 | 1.7% | 42.1% | ||
| Q4 24 | 17.3% | -174.4% | ||
| Q3 24 | 40.9% | -119.8% | ||
| Q2 24 | 18.1% | 33.0% | ||
| Q1 24 | 4.7% | 41.5% |
净利率ABNBHRB
| Q4 25 | 12.3% | -121.8% | ||
| Q3 25 | 33.6% | -81.5% | ||
| Q2 25 | 20.7% | 27.0% | ||
| Q1 25 | 6.8% | 31.7% | ||
| Q4 24 | 18.6% | -135.9% | ||
| Q3 24 | 36.7% | -89.0% | ||
| Q2 24 | 20.2% | 24.3% | ||
| Q1 24 | 12.3% | 31.6% |
每股收益（稀释后）ABNBHRB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $5.31 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $4.86 |
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 | $349.2M |
| 总债务越低越好 | — | $2.4B |
| 股东权益账面价值 | $8.2B | $-823.1M |
| 总资产 | $22.2B | $2.9B |
| 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ABNBHRB
| Q4 25 | $11.0B | $349.2M | ||
| Q3 25 | $11.7B | $376.4M | ||
| Q2 25 | $11.4B | $983.3M | ||
| Q1 25 | $11.5B | $772.9M | ||
| Q4 24 | $10.6B | $320.1M | ||
| Q3 24 | $11.3B | $415.9M | ||
| Q2 24 | $11.3B | $1.1B | ||
| Q1 24 | $11.1B | $794.6M |
总债务ABNBHRB
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
股东权益ABNBHRB
| Q4 25 | $8.2B | $-823.1M | ||
| Q3 25 | $8.6B | $-550.9M | ||
| Q2 25 | $7.8B | $88.9M | ||
| Q1 25 | $7.9B | $-192.8M | ||
| Q4 24 | $8.4B | $-872.5M | ||
| Q3 24 | $8.5B | $-368.1M | ||
| Q2 24 | $8.0B | $90.6M | ||
| Q1 24 | $7.9B | $-129.8M |
总资产ABNBHRB
| Q4 25 | $22.2B | $2.9B | ||
| Q3 25 | $23.1B | $2.6B | ||
| Q2 25 | $27.0B | $3.3B | ||
| Q1 25 | $25.1B | $3.2B | ||
| Q4 24 | $21.0B | $2.7B | ||
| Q3 24 | $22.2B | $2.5B | ||
| Q2 24 | $26.3B | $3.2B | ||
| Q1 24 | $24.5B | $3.2B |
负债/权益比ABNBHRB
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 12.86× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 16.46× | ||
| 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 | $-614.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-649.5M |
| 自由现金流率自由现金流/营收 | — | -326.6% |
| 资本支出强度资本支出/营收 | — | 17.9% |
| 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 | — | $524.1M |
8季度趋势，按日历期对齐
经营现金流ABNBHRB
| Q4 25 | $526.0M | $-614.0M | ||
| Q3 25 | $1.4B | $-356.8M | ||
| Q2 25 | $975.0M | $251.6M | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $466.0M | $-567.1M | ||
| Q3 24 | $1.1B | $-328.6M | ||
| Q2 24 | $1.1B | $300.6M | ||
| Q1 24 | $1.9B | $1.4B |
自由现金流ABNBHRB
| Q4 25 | — | $-649.5M | ||
| Q3 25 | — | $-370.0M | ||
| Q2 25 | — | $241.3M | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $-597.4M | ||
| Q3 24 | — | $-347.3M | ||
| Q2 24 | — | $290.7M | ||
| Q1 24 | — | $1.3B |
自由现金流率ABNBHRB
| Q4 25 | — | -326.6% | ||
| Q3 25 | — | -181.8% | ||
| Q2 25 | — | 21.7% | ||
| Q1 25 | — | 57.2% | ||
| Q4 24 | — | -333.6% | ||
| Q3 24 | — | -179.2% | ||
| Q2 24 | — | 27.4% | ||
| Q1 24 | — | 61.4% |
资本支出强度ABNBHRB
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 17.0% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 1.0% |
现金转化率ABNBHRB
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | 0.84× | ||
| Q1 25 | 11.62× | 1.83× | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 1.89× | 1.17× | ||
| Q1 24 | 7.28× | 1.97× |
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% |
HRB
| Tax Preparation Fees | $55.9M | 28% |
| Other | $33.3M | 17% |
| Royalty | $31.1M | 16% |
| Wave HQ Inc. | $29.8M | 15% |
| DIY Tax Preparation Fees | $16.8M | 8% |
| Interestand Fee Incomeon Emerald Advance | $13.4M | 7% |
| Feesfrom Emerald Card | $9.1M | 5% |
| Royalties | $5.1M | 3% |
| Tax Identity Shield | $4.2M | 2% |
