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爱彼迎（ABNB）与UNIVERSAL ELECTRONICS INC（UEIC）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UNIVERSAL ELECTRONICS INC的31.7倍（$2.8B vs $87.7M）。爱彼迎同比增速更快（12.0% vs -20.6%）。过去两年爱彼迎的营收复合增速更高（13.9% vs -2.3%）
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。
环球电子公司（UEI）是总部位于美国的智能家居技术供应商与制造商，主营万能遥控器、语音控制智能家居中枢、智能温控器、家居传感器等物联网设备，同时也提供面向智能家居场景的优化的白标数字助理平台，以及用于设备发现、识别与互联互通的各类软件和云服务，产品涵盖自有品牌与代工商用领域。
ABNB vs UEIC — 直观对比
营收规模更大
ABNB
是对方的31.7倍
$87.7M
营收增速更快
ABNB
高出32.6%
-20.6%
两年增速更快
ABNB
近两年复合增速
-2.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $87.7M |
| 净利润 | $341.0M | — |
| 毛利率 | 82.5% | 29.7% |
| 营业利润率 | 9.7% | 1.0% |
| 净利率 | 12.3% | — |
| 营收同比 | 12.0% | -20.6% |
| 净利润同比 | -26.0% | — |
| 每股收益（稀释后） | — | $-0.09 |
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ABNBUEIC
| Q4 25 | $2.8B | $87.7M | ||
| Q3 25 | $4.1B | $90.6M | ||
| Q2 25 | $3.1B | $97.7M | ||
| Q1 25 | $2.3B | $92.3M | ||
| Q4 24 | $2.5B | $110.5M | ||
| Q3 24 | $3.7B | $102.1M | ||
| Q2 24 | $2.7B | $90.5M | ||
| Q1 24 | $2.1B | $91.9M |
净利润ABNBUEIC
| Q4 25 | $341.0M | — | ||
| Q3 25 | $1.4B | $-8.3M | ||
| Q2 25 | $642.0M | $-2.9M | ||
| Q1 25 | $154.0M | $-6.3M | ||
| Q4 24 | $461.0M | — | ||
| Q3 24 | $1.4B | $-2.7M | ||
| Q2 24 | $555.0M | $-8.2M | ||
| Q1 24 | $264.0M | $-8.6M |
毛利率ABNBUEIC
| Q4 25 | 82.5% | 29.7% | ||
| Q3 25 | 86.6% | 27.7% | ||
| Q2 25 | 82.4% | 29.9% | ||
| Q1 25 | 77.7% | 28.3% | ||
| Q4 24 | 82.8% | 28.4% | ||
| Q3 24 | 87.5% | 30.1% | ||
| Q2 24 | 81.6% | 28.7% | ||
| Q1 24 | 77.6% | 28.3% |
营业利润率ABNBUEIC
| Q4 25 | 9.7% | 1.0% | ||
| Q3 25 | 39.7% | -5.0% | ||
| Q2 25 | 19.8% | 1.0% | ||
| Q1 25 | 1.7% | -4.1% | ||
| Q4 24 | 17.3% | -3.9% | ||
| Q3 24 | 40.9% | 0.4% | ||
| Q2 24 | 18.1% | -4.9% | ||
| Q1 24 | 4.7% | -7.5% |
净利率ABNBUEIC
| Q4 25 | 12.3% | — | ||
| Q3 25 | 33.6% | -9.2% | ||
| Q2 25 | 20.7% | -3.0% | ||
| Q1 25 | 6.8% | -6.8% | ||
| Q4 24 | 18.6% | — | ||
| Q3 24 | 36.7% | -2.6% | ||
| Q2 24 | 20.2% | -9.1% | ||
| Q1 24 | 12.3% | -9.4% |
每股收益（稀释后）ABNBUEIC
| Q4 25 | — | $-0.09 | ||
| Q3 25 | — | $-0.62 | ||
| Q2 25 | — | $-0.22 | ||
| Q1 25 | — | $-0.48 | ||
| Q4 24 | — | $-0.35 | ||
| Q3 24 | — | $-0.20 | ||
| Q2 24 | — | $-0.63 | ||
| Q1 24 | — | $-0.67 |
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 | $32.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $146.2M |
| 总资产 | $22.2B | $274.0M |
| 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ABNBUEIC
| Q4 25 | $11.0B | $32.3M | ||
| Q3 25 | $11.7B | $31.5M | ||
| Q2 25 | $11.4B | $34.3M | ||
| Q1 25 | $11.5B | $27.4M | ||
| Q4 24 | $10.6B | $26.8M | ||
| Q3 24 | $11.3B | $26.3M | ||
| Q2 24 | $11.3B | $23.1M | ||
| Q1 24 | $11.1B | $26.9M |
股东权益ABNBUEIC
| Q4 25 | $8.2B | $146.2M | ||
| Q3 25 | $8.6B | $146.1M | ||
| Q2 25 | $7.8B | $152.8M | ||
| Q1 25 | $7.9B | $150.0M | ||
| Q4 24 | $8.4B | $153.1M | ||
| Q3 24 | $8.5B | $161.2M | ||
| Q2 24 | $8.0B | $159.8M | ||
| Q1 24 | $7.9B | $169.7M |
总资产ABNBUEIC
| Q4 25 | $22.2B | $274.0M | ||
| Q3 25 | $23.1B | $280.7M | ||
| Q2 25 | $27.0B | $304.1M | ||
| Q1 25 | $25.1B | $310.6M | ||
| Q4 24 | $21.0B | $323.4M | ||
| Q3 24 | $22.2B | $321.3M | ||
| Q2 24 | $26.3B | $314.0M | ||
| Q1 24 | $24.5B | $322.9M |
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 | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.9M |
| 自由现金流率自由现金流/营收 | — | -5.6% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 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 | — | $19.8M |
8季度趋势，按日历期对齐
经营现金流ABNBUEIC
| Q4 25 | $526.0M | $-4.2M | ||
| Q3 25 | $1.4B | $10.1M | ||
| Q2 25 | $975.0M | $8.7M | ||
| Q1 25 | $1.8B | $9.0M | ||
| Q4 24 | $466.0M | $6.5M | ||
| Q3 24 | $1.1B | $5.7M | ||
| Q2 24 | $1.1B | $5.5M | ||
| Q1 24 | $1.9B | $-2.8M |
自由现金流ABNBUEIC
| Q4 25 | — | $-4.9M | ||
| Q3 25 | — | $9.3M | ||
| Q2 25 | — | $7.5M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | — | $5.5M | ||
| Q3 24 | — | $4.8M | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $-4.1M |
自由现金流率ABNBUEIC
| Q4 25 | — | -5.6% | ||
| Q3 25 | — | 10.2% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 4.5% | ||
| Q1 24 | — | -4.5% |
资本支出强度ABNBUEIC
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 1.5% |
现金转化率ABNBUEIC
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 1.89× | — | ||
| 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% |
UEIC
| Other | $39.6M | 45% |
| Connected Home | $29.8M | 34% |
| Asia Excluding Peoples Republic Of China | $18.4M | 21% |
