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爱彼迎（ABNB）与瑞思迈（RMD）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瑞思迈的2.0倍（$2.8B vs $1.4B），瑞思迈净利率更高（27.6% vs 12.3%，领先15.3%），爱彼迎同比增速更快（12.0% vs 11.0%），过去两年爱彼迎的营收复合增速更高（13.9% vs 7.9%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
ABNB vs RMD — 直观对比
营收规模更大
ABNB
是对方的2.0倍
$1.4B
营收增速更快
ABNB
高出1.0%
11.0%
净利率更高
RMD
高出15.3%
12.3%
两年增速更快
ABNB
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.4B |
| 净利润 | $341.0M | $392.6M |
| 毛利率 | 82.5% | 61.8% |
| 营业利润率 | 9.7% | 34.6% |
| 净利率 | 12.3% | 27.6% |
| 营收同比 | 12.0% | 11.0% |
| 净利润同比 | -26.0% | 13.9% |
| 每股收益（稀释后） | — | $2.68 |
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ABNBRMD
| Q2 26 | — | $1.4B | ||
| Q4 25 | $2.8B | $1.4B | ||
| Q3 25 | $4.1B | $1.3B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $2.3B | $1.3B | ||
| Q4 24 | $2.5B | $1.3B | ||
| Q3 24 | $3.7B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B |
净利润ABNBRMD
| Q2 26 | — | $392.6M | ||
| Q4 25 | $341.0M | $392.6M | ||
| Q3 25 | $1.4B | $348.5M | ||
| Q2 25 | $642.0M | $379.7M | ||
| Q1 25 | $154.0M | $365.0M | ||
| Q4 24 | $461.0M | $344.6M | ||
| Q3 24 | $1.4B | $311.4M | ||
| Q2 24 | $555.0M | $292.2M |
毛利率ABNBRMD
| Q2 26 | — | 61.8% | ||
| Q4 25 | 82.5% | 61.8% | ||
| Q3 25 | 86.6% | 61.5% | ||
| Q2 25 | 82.4% | 60.8% | ||
| Q1 25 | 77.7% | 59.3% | ||
| Q4 24 | 82.8% | 58.6% | ||
| Q3 24 | 87.5% | 58.6% | ||
| Q2 24 | 81.6% | 58.5% |
营业利润率ABNBRMD
| Q2 26 | — | 34.6% | ||
| Q4 25 | 9.7% | 34.6% | ||
| Q3 25 | 39.7% | 33.4% | ||
| Q2 25 | 19.8% | 33.7% | ||
| Q1 25 | 1.7% | 33.0% | ||
| Q4 24 | 17.3% | 32.5% | ||
| Q3 24 | 40.9% | 31.6% | ||
| Q2 24 | 18.1% | 31.2% |
净利率ABNBRMD
| Q2 26 | — | 27.6% | ||
| Q4 25 | 12.3% | 27.6% | ||
| Q3 25 | 33.6% | 26.1% | ||
| Q2 25 | 20.7% | 28.2% | ||
| Q1 25 | 6.8% | 28.3% | ||
| Q4 24 | 18.6% | 26.9% | ||
| Q3 24 | 36.7% | 25.4% | ||
| Q2 24 | 20.2% | 23.9% |
每股收益（稀释后）ABNBRMD
| Q2 26 | — | $2.68 | ||
| Q4 25 | — | $2.68 | ||
| Q3 25 | — | $2.37 | ||
| Q2 25 | — | $2.58 | ||
| Q1 25 | — | $2.48 | ||
| Q4 24 | — | $2.34 | ||
| Q3 24 | — | $2.11 | ||
| Q2 24 | — | $1.97 |
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 | $1.4B |
| 总债务越低越好 | — | $663.8M |
| 股东权益账面价值 | $8.2B | $6.3B |
| 总资产 | $22.2B | $8.5B |
| 负债/权益比越低杠杆越低 | — | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资ABNBRMD
| Q2 26 | — | $1.4B | ||
| Q4 25 | $11.0B | $1.4B | ||
| Q3 25 | $11.7B | $1.4B | ||
| Q2 25 | $11.4B | $1.2B | ||
| Q1 25 | $11.5B | $932.7M | ||
| Q4 24 | $10.6B | $521.9M | ||
| Q3 24 | $11.3B | $426.4M | ||
| Q2 24 | $11.3B | $238.4M |
总债务ABNBRMD
| Q2 26 | — | $663.8M | ||
| Q4 25 | — | $403.9M | ||
| Q3 25 | — | $408.7M | ||
| Q2 25 | — | $658.4M | ||
| Q1 25 | — | $663.1M | ||
| Q4 24 | — | $662.9M | ||
| Q3 24 | — | $667.6M | ||
| Q2 24 | — | $697.3M |
股东权益ABNBRMD
| Q2 26 | — | $6.3B | ||
| Q4 25 | $8.2B | $6.3B | ||
| Q3 25 | $8.6B | $6.1B | ||
| Q2 25 | $7.8B | $6.0B | ||
| Q1 25 | $7.9B | $5.5B | ||
| Q4 24 | $8.4B | $5.3B | ||
| Q3 24 | $8.5B | $5.2B | ||
| Q2 24 | $8.0B | $4.9B |
总资产ABNBRMD
| Q2 26 | — | $8.5B | ||
| Q4 25 | $22.2B | $8.5B | ||
| Q3 25 | $23.1B | $8.3B | ||
| Q2 25 | $27.0B | $8.2B | ||
| Q1 25 | $25.1B | $7.6B | ||
| Q4 24 | $21.0B | $7.1B | ||
| Q3 24 | $22.2B | $7.2B | ||
| Q2 24 | $26.3B | $6.9B |
负债/权益比ABNBRMD
| Q2 26 | — | 0.11× | ||
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× |
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 | — |
| 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ABNBRMD
| Q2 26 | — | — | ||
| Q4 25 | $526.0M | $339.7M | ||
| Q3 25 | $1.4B | $457.3M | ||
| Q2 25 | $975.0M | $538.8M | ||
| Q1 25 | $1.8B | $578.7M | ||
| Q4 24 | $466.0M | $308.6M | ||
| Q3 24 | $1.1B | $325.5M | ||
| Q2 24 | $1.1B | $440.1M |
自由现金流ABNBRMD
| Q2 26 | — | — | ||
| Q4 25 | — | $311.2M | ||
| Q3 25 | — | $414.4M | ||
| Q2 25 | — | $508.2M | ||
| Q1 25 | — | $557.9M | ||
| Q4 24 | — | $288.0M | ||
| Q3 24 | — | $307.7M | ||
| Q2 24 | — | $415.2M |
自由现金流率ABNBRMD
| Q2 26 | — | — | ||
| Q4 25 | — | 21.9% | ||
| Q3 25 | — | 31.0% | ||
| Q2 25 | — | 37.7% | ||
| Q1 25 | — | 43.2% | ||
| Q4 24 | — | 22.5% | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | — | 33.9% |
资本支出强度ABNBRMD
| Q2 26 | — | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.0% |
现金转化率ABNBRMD
| Q2 26 | — | — | ||
| Q4 25 | 1.54× | 0.87× | ||
| Q3 25 | 0.99× | 1.31× | ||
| Q2 25 | 1.52× | 1.42× | ||
| Q1 25 | 11.62× | 1.59× | ||
| Q4 24 | 1.01× | 0.90× | ||
| Q3 24 | 0.79× | 1.05× | ||
| Q2 24 | 1.89× | 1.51× |
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% |
RMD
暂无分部数据
