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爱彼迎（ABNB）与RICHARDSON ELECTRONICS, LTD.（RELL）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RICHARDSON ELECTRONICS, LTD.的53.1倍（$2.8B vs $52.3M）。爱彼迎净利率更高（12.3% vs -0.2%，领先12.5%）。爱彼迎同比增速更快（12.0% vs 5.7%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 8.9%）
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。
詹姆斯·理查森集团（又名JR集团）是澳大利亚私有综合企业，业务涵盖家具、酒店、房地产及零售领域，总部位于墨尔本阿伯茨福德区，全球雇员约2300人。该企业最为消费者熟知的是其分布在澳大拉西亚和中东地区机场、边境口岸的免税零售门店，在以色列是家喻户晓的企业。
ABNB vs RELL — 直观对比
营收规模更大
ABNB
是对方的53.1倍
$52.3M
营收增速更快
ABNB
高出6.4%
5.7%
净利率更高
ABNB
高出12.5%
-0.2%
两年增速更快
ABNB
近两年复合增速
8.9%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $52.3M |
| 净利润 | $341.0M | $-121.0K |
| 毛利率 | 82.5% | 30.7% |
| 营业利润率 | 9.7% | 0.3% |
| 净利率 | 12.3% | -0.2% |
| 营收同比 | 12.0% | 5.7% |
| 净利润同比 | -26.0% | 83.9% |
| 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ABNBRELL
| Q4 25 | $2.8B | $52.3M | ||
| Q3 25 | $4.1B | $54.6M | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $2.3B | $53.8M | ||
| Q4 24 | $2.5B | $49.5M | ||
| Q3 24 | $3.7B | $53.7M | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.1B | $52.4M |
净利润ABNBRELL
| Q4 25 | $341.0M | $-121.0K | ||
| Q3 25 | $1.4B | $1.9M | ||
| Q2 25 | $642.0M | — | ||
| Q1 25 | $154.0M | $-2.1M | ||
| Q4 24 | $461.0M | $-751.0K | ||
| Q3 24 | $1.4B | $590.0K | ||
| Q2 24 | $555.0M | — | ||
| Q1 24 | $264.0M | $750.0K |
毛利率ABNBRELL
| Q4 25 | 82.5% | 30.7% | ||
| Q3 25 | 86.6% | 31.0% | ||
| Q2 25 | 82.4% | — | ||
| Q1 25 | 77.7% | 31.0% | ||
| Q4 24 | 82.8% | 31.0% | ||
| Q3 24 | 87.5% | 30.6% | ||
| Q2 24 | 81.6% | — | ||
| Q1 24 | 77.6% | 29.5% |
营业利润率ABNBRELL
| Q4 25 | 9.7% | 0.3% | ||
| Q3 25 | 39.7% | 1.8% | ||
| Q2 25 | 19.8% | — | ||
| Q1 25 | 1.7% | -5.1% | ||
| Q4 24 | 17.3% | -1.3% | ||
| Q3 24 | 40.9% | 0.6% | ||
| Q2 24 | 18.1% | — | ||
| Q1 24 | 4.7% | 1.9% |
净利率ABNBRELL
| Q4 25 | 12.3% | -0.2% | ||
| Q3 25 | 33.6% | 3.5% | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 6.8% | -3.8% | ||
| Q4 24 | 18.6% | -1.5% | ||
| Q3 24 | 36.7% | 1.1% | ||
| Q2 24 | 20.2% | — | ||
| Q1 24 | 12.3% | 1.4% |
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 | $33.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $158.5M |
| 总资产 | $22.2B | $201.8M |
| 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ABNBRELL
| Q4 25 | $11.0B | $33.1M | ||
| Q3 25 | $11.7B | $35.7M | ||
| Q2 25 | $11.4B | — | ||
| Q1 25 | $11.5B | $36.7M | ||
| Q4 24 | $10.6B | $26.6M | ||
| Q3 24 | $11.3B | $23.0M | ||
| Q2 24 | $11.3B | — | ||
| Q1 24 | $11.1B | $18.9M |
股东权益ABNBRELL
| Q4 25 | $8.2B | $158.5M | ||
| Q3 25 | $8.6B | $159.4M | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.9B | $152.9M | ||
| Q4 24 | $8.4B | $156.2M | ||
| Q3 24 | $8.5B | $159.1M | ||
| Q2 24 | $8.0B | — | ||
| Q1 24 | $7.9B | $158.6M |
总资产ABNBRELL
| Q4 25 | $22.2B | $201.8M | ||
| Q3 25 | $23.1B | $200.1M | ||
| Q2 25 | $27.0B | — | ||
| Q1 25 | $25.1B | $189.8M | ||
| Q4 24 | $21.0B | $195.2M | ||
| Q3 24 | $22.2B | $197.9M | ||
| Q2 24 | $26.3B | — | ||
| Q1 24 | $24.5B | $193.6M |
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 | $-99.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-1.7M |
| 自由现金流率自由现金流/营收 | — | -3.3% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 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 | — | $3.0M |
8季度趋势，按日历期对齐
经营现金流ABNBRELL
| Q4 25 | $526.0M | $-99.0K | ||
| Q3 25 | $1.4B | $1.4M | ||
| Q2 25 | $975.0M | — | ||
| Q1 25 | $1.8B | $4.6M | ||
| Q4 24 | $466.0M | $5.5M | ||
| Q3 24 | $1.1B | $412.0K | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.9B | $-2.5M |
自由现金流ABNBRELL
| Q4 25 | — | $-1.7M | ||
| Q3 25 | — | $342.0K | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $4.1M | ||
| Q4 24 | — | $4.9M | ||
| Q3 24 | — | $-514.0K | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-2.9M |
自由现金流率ABNBRELL
| Q4 25 | — | -3.3% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | -1.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -5.6% |
资本支出强度ABNBRELL
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.8% |
现金转化率ABNBRELL
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | 0.72× | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | 0.70× | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 7.28× | -3.37× |
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% |
RELL
| Power And Microwave Technologies Group | $35.2M | 67% |
| Canvys | $8.8M | 17% |
| Global Energy Solutions | $8.3M | 16% |
