vs
爱彼迎（ABNB）与QXO, Inc.（QXO）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QXO, Inc.的1.3倍（$2.8B vs $2.2B）。爱彼迎净利率更高（12.3% vs -4.1%，领先16.4%）。QXO, Inc.同比增速更快（14782.6% vs 12.0%）。过去两年QXO, Inc.的营收复合增速更高（1132.8% vs 13.9%）
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。
QXO Inc.是一家活跃于相关商业领域的企业，由美国资深商界人士布拉德·雅各布斯担任公司董事长兼首席执行官，全面主导公司的战略规划、业务布局与日常经营决策事务。
ABNB vs QXO — 直观对比
营收规模更大
ABNB
是对方的1.3倍
$2.2B
营收增速更快
QXO
高出14770.6%
12.0%
净利率更高
ABNB
高出16.4%
-4.1%
两年增速更快
QXO
近两年复合增速
13.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $2.2B |
| 净利润 | $341.0M | $-90.3M |
| 毛利率 | 82.5% | — |
| 营业利润率 | 9.7% | -3.2% |
| 净利率 | 12.3% | -4.1% |
| 营收同比 | 12.0% | 14782.6% |
| 净利润同比 | -26.0% | -899.4% |
| 每股收益（稀释后） | — | $-0.21 |
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ABNBQXO
| Q4 25 | $2.8B | $2.2B | ||
| Q3 25 | $4.1B | $2.7B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $2.3B | $13.5M | ||
| Q4 24 | $2.5B | $14.7M | ||
| Q3 24 | $3.7B | $13.2M | ||
| Q2 24 | $2.7B | $14.5M | ||
| Q1 24 | $2.1B | $14.4M |
净利润ABNBQXO
| Q4 25 | $341.0M | $-90.3M | ||
| Q3 25 | $1.4B | $-139.4M | ||
| Q2 25 | $642.0M | $-58.5M | ||
| Q1 25 | $154.0M | $8.8M | ||
| Q4 24 | $461.0M | $11.3M | ||
| Q3 24 | $1.4B | $17.1M | ||
| Q2 24 | $555.0M | $-591.0K | ||
| Q1 24 | $264.0M | $138.1K |
毛利率ABNBQXO
| Q4 25 | 82.5% | — | ||
| Q3 25 | 86.6% | 23.3% | ||
| Q2 25 | 82.4% | 21.1% | ||
| Q1 25 | 77.7% | 39.9% | ||
| Q4 24 | 82.8% | 41.7% | ||
| Q3 24 | 87.5% | 41.8% | ||
| Q2 24 | 81.6% | 39.9% | ||
| Q1 24 | 77.6% | 39.2% |
营业利润率ABNBQXO
| Q4 25 | 9.7% | -3.2% | ||
| Q3 25 | 39.7% | 0.9% | ||
| Q2 25 | 19.8% | -8.5% | ||
| Q1 25 | 1.7% | -290.8% | ||
| Q4 24 | 17.3% | -224.5% | ||
| Q3 24 | 40.9% | -257.1% | ||
| Q2 24 | 18.1% | -29.6% | ||
| Q1 24 | 4.7% | 1.6% |
净利率ABNBQXO
| Q4 25 | 12.3% | -4.1% | ||
| Q3 25 | 33.6% | -5.1% | ||
| Q2 25 | 20.7% | -3.1% | ||
| Q1 25 | 6.8% | 64.8% | ||
| Q4 24 | 18.6% | 76.6% | ||
| Q3 24 | 36.7% | 130.2% | ||
| Q2 24 | 20.2% | -4.1% | ||
| Q1 24 | 12.3% | 1.0% |
每股收益（稀释后）ABNBQXO
| Q4 25 | — | $-0.21 | ||
| Q3 25 | — | $-0.24 | ||
| Q2 25 | — | $-0.15 | ||
| Q1 25 | — | $-0.03 | ||
| Q4 24 | — | $9.62 | ||
| Q3 24 | — | $-0.01 | ||
| Q2 24 | — | $-9.93 | ||
| Q1 24 | — | $0.21 |
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 | $2.4B |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $8.2B | $9.7B |
| 总资产 | $22.2B | $15.9B |
| 负债/权益比越低杠杆越低 | — | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资ABNBQXO
| Q4 25 | $11.0B | $2.4B | ||
| Q3 25 | $11.7B | $2.3B | ||
| Q2 25 | $11.4B | $2.3B | ||
| Q1 25 | $11.5B | $5.1B | ||
| Q4 24 | $10.6B | $5.1B | ||
| Q3 24 | $11.3B | $5.0B | ||
| Q2 24 | $11.3B | $971.3M | ||
| Q1 24 | $11.1B | $6.3M |
总债务ABNBQXO
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $1.6M |
股东权益ABNBQXO
| Q4 25 | $8.2B | $9.7B | ||
| Q3 25 | $8.6B | $9.8B | ||
| Q2 25 | $7.8B | $9.9B | ||
| Q1 25 | $7.9B | $5.1B | ||
| Q4 24 | $8.4B | $5.1B | ||
| Q3 24 | $8.5B | $5.0B | ||
| Q2 24 | $8.0B | $971.2M | ||
| Q1 24 | $7.9B | $7.6M |
总资产ABNBQXO
| Q4 25 | $22.2B | $15.9B | ||
| Q3 25 | $23.1B | $16.6B | ||
| Q2 25 | $27.0B | $17.1B | ||
| Q1 25 | $25.1B | $5.1B | ||
| Q4 24 | $21.0B | $5.1B | ||
| Q3 24 | $22.2B | $5.1B | ||
| Q2 24 | $26.3B | $988.2M | ||
| Q1 24 | $24.5B | $20.9M |
负债/权益比ABNBQXO
| Q4 25 | — | 0.31× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.21× |
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 | $186.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流ABNBQXO
| Q4 25 | $526.0M | $186.6M | ||
| Q3 25 | $1.4B | $212.5M | ||
| Q2 25 | $975.0M | $-174.2M | ||
| Q1 25 | $1.8B | $36.5M | ||
| Q4 24 | $466.0M | $54.0M | ||
| Q3 24 | $1.1B | $31.6M | ||
| Q2 24 | $1.1B | $-1.0M | ||
| Q1 24 | $1.9B | $365.5K |
自由现金流ABNBQXO
| Q4 25 | — | — | ||
| Q3 25 | — | $182.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $36.4M | ||
| Q4 24 | — | $53.9M | ||
| Q3 24 | — | $31.6M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | — | $305.0K |
自由现金流率ABNBQXO
| Q4 25 | — | — | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 269.2% | ||
| Q4 24 | — | 365.8% | ||
| Q3 24 | — | 240.2% | ||
| Q2 24 | — | -7.2% | ||
| Q1 24 | — | 2.1% |
资本支出强度ABNBQXO
| Q4 25 | — | — | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.4% |
现金转化率ABNBQXO
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | 4.17× | ||
| Q4 24 | 1.01× | 4.78× | ||
| Q3 24 | 0.79× | 1.84× | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 7.28× | 2.65× |
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% |
QXO
暂无分部数据
