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爱彼迎（ABNB）与WW INTERNATIONAL, INC.（WW）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WW INTERNATIONAL, INC.的15.1倍（$2.8B vs $184.3M）。爱彼迎净利率更高（12.3% vs -30.5%，领先42.8%）。爱彼迎同比增速更快（12.0% vs -4.5%）。过去两年爱彼迎的营收复合增速更高（13.9% vs -9.9%）
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。
WW国际前身为慧俪轻体国际，是一家总部位于美国的全球性企业，主营减重与体重管理、健身及心态调整相关服务，核心产品为慧俪轻体综合减重饮食方案。公司由纽约皇后区的家庭主妇珍·妮德奇于1963年创立，截至2019年，其服务包含手机应用及网站线上方案、线上或电话指导、线下见面会三种模式。
ABNB vs WW — 直观对比
营收规模更大
ABNB
是对方的15.1倍
$184.3M
营收增速更快
ABNB
高出16.5%
-4.5%
净利率更高
ABNB
高出42.8%
-30.5%
两年增速更快
ABNB
近两年复合增速
-9.9%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $184.3M |
| 净利润 | $341.0M | $-56.3M |
| 毛利率 | 82.5% | 72.2% |
| 营业利润率 | 9.7% | 5.8% |
| 净利率 | 12.3% | -30.5% |
| 营收同比 | 12.0% | -4.5% |
| 净利润同比 | -26.0% | -21.8% |
| 每股收益（稀释后） | — | $-5.63 |
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ABNBWW
| Q4 25 | $2.8B | — | ||
| Q3 25 | $4.1B | $184.3M | ||
| Q2 25 | $3.1B | $12.2M | ||
| Q1 25 | $2.3B | $186.6M | ||
| Q4 24 | $2.5B | $184.4M | ||
| Q3 24 | $3.7B | $192.9M | ||
| Q2 24 | $2.7B | $202.1M | ||
| Q1 24 | $2.1B | $206.5M |
净利润ABNBWW
| Q4 25 | $341.0M | — | ||
| Q3 25 | $1.4B | $-56.3M | ||
| Q2 25 | $642.0M | $1.3M | ||
| Q1 25 | $154.0M | $-72.6M | ||
| Q4 24 | $461.0M | $25.1M | ||
| Q3 24 | $1.4B | $-46.2M | ||
| Q2 24 | $555.0M | $23.3M | ||
| Q1 24 | $264.0M | $-347.9M |
毛利率ABNBWW
| Q4 25 | 82.5% | — | ||
| Q3 25 | 86.6% | 72.2% | ||
| Q2 25 | 82.4% | 73.2% | ||
| Q1 25 | 77.7% | 71.2% | ||
| Q4 24 | 82.8% | 69.7% | ||
| Q3 24 | 87.5% | 67.1% | ||
| Q2 24 | 81.6% | 67.9% | ||
| Q1 24 | 77.6% | 66.7% |
营业利润率ABNBWW
| Q4 25 | 9.7% | — | ||
| Q3 25 | 39.7% | 5.8% | ||
| Q2 25 | 19.8% | 21.3% | ||
| Q1 25 | 1.7% | -10.8% | ||
| Q4 24 | 17.3% | 19.6% | ||
| Q3 24 | 40.9% | -20.2% | ||
| Q2 24 | 18.1% | 17.8% | ||
| Q1 24 | 4.7% | -130.4% |
净利率ABNBWW
| Q4 25 | 12.3% | — | ||
| Q3 25 | 33.6% | -30.5% | ||
| Q2 25 | 20.7% | 10.3% | ||
| Q1 25 | 6.8% | -38.9% | ||
| Q4 24 | 18.6% | 13.6% | ||
| Q3 24 | 36.7% | -23.9% | ||
| Q2 24 | 20.2% | 11.5% | ||
| Q1 24 | 12.3% | -168.4% |
每股收益（稀释后）ABNBWW
| Q4 25 | — | — | ||
| Q3 25 | — | $-5.63 | ||
| Q2 25 | — | $0.13 | ||
| Q1 25 | — | $-0.91 | ||
| Q4 24 | — | $0.34 | ||
| Q3 24 | — | $-0.58 | ||
| Q2 24 | — | $0.29 | ||
| Q1 24 | — | $-4.39 |
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 | $170.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $323.0M |
| 总资产 | $22.2B | $968.8M |
| 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ABNBWW
| Q4 25 | $11.0B | — | ||
| Q3 25 | $11.7B | $170.1M | ||
| Q2 25 | $11.4B | $152.4M | ||
| Q1 25 | $11.5B | $236.3M | ||
| Q4 24 | $10.6B | $53.0M | ||
| Q3 24 | $11.3B | $57.2M | ||
| Q2 24 | $11.3B | $42.7M | ||
| Q1 24 | $11.1B | $66.6M |
总债务ABNBWW
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益ABNBWW
| Q4 25 | $8.2B | — | ||
| Q3 25 | $8.6B | $323.0M | ||
| Q2 25 | $7.8B | $381.0M | ||
| Q1 25 | $7.9B | $-1.2B | ||
| Q4 24 | $8.4B | $-1.1B | ||
| Q3 24 | $8.5B | $-1.1B | ||
| Q2 24 | $8.0B | $-1.1B | ||
| Q1 24 | $7.9B | $-1.1B |
总资产ABNBWW
| Q4 25 | $22.2B | — | ||
| Q3 25 | $23.1B | $968.8M | ||
| Q2 25 | $27.0B | $1.0B | ||
| Q1 25 | $25.1B | $696.9M | ||
| Q4 24 | $21.0B | $550.3M | ||
| Q3 24 | $22.2B | $562.4M | ||
| Q2 24 | $26.3B | $614.3M | ||
| Q1 24 | $24.5B | $654.2M |
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 | $8.4M |
| 自由现金流经营现金流 - 资本支出 | — | $8.4M |
| 自由现金流率自由现金流/营收 | — | 4.6% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 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ABNBWW
| Q4 25 | $526.0M | — | ||
| Q3 25 | $1.4B | $8.4M | ||
| Q2 25 | $975.0M | $11.5M | ||
| Q1 25 | $1.8B | $15.0M | ||
| Q4 24 | $466.0M | $4.6M | ||
| Q3 24 | $1.1B | $16.5M | ||
| Q2 24 | $1.1B | $-1.9M | ||
| Q1 24 | $1.9B | $-36.0M |
自由现金流ABNBWW
| Q4 25 | — | — | ||
| Q3 25 | — | $8.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $15.0M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $16.4M | ||
| Q2 24 | — | $-2.2M | ||
| Q1 24 | — | $-36.5M |
自由现金流率ABNBWW
| Q4 25 | — | — | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 8.0% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | -1.1% | ||
| Q1 24 | — | -17.7% |
资本支出强度ABNBWW
| Q4 25 | — | — | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.2% |
现金转化率ABNBWW
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | 9.18× | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | 0.18× | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 1.89× | -0.08× | ||
| 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% |
WW
暂无分部数据
