vs
ARBOR REALTY TRUST INC（ABR）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
ARBOR REALTY TRUST INC的季度营收约是Repay Holdings Corp的1.7倍（$133.4M vs $78.6M），Repay Holdings Corp同比增速更快（0.4% vs -12.1%），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% vs -8.9%）
Arbor Realty Trust Inc.是总部位于美国的专业房地产投资信托（REIT）企业，主要为多户住宅及商业地产项目提供结构性融资服务，涵盖过渡贷款、机构贷款、夹层融资等品类，服务覆盖美国各地的地产持有者、开发商及房产投资群体。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
ABR vs RPAY — 直观对比
营收规模更大
ABR
是对方的1.7倍
$78.6M
营收增速更快
RPAY
高出12.5%
-12.1%
两年增速更快
RPAY
近两年复合增速
-8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $133.4M | $78.6M |
| 净利润 | — | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | — | -182.2% |
| 净利率 | — | -178.3% |
| 营收同比 | -12.1% | 0.4% |
| 净利润同比 | — | -3304.1% |
| 每股收益（稀释后） | $0.08 | $-1.68 |
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ABRRPAY
| Q4 25 | $133.4M | $78.6M | ||
| Q3 25 | $112.4M | $77.7M | ||
| Q2 25 | $130.4M | $75.6M | ||
| Q1 25 | $134.2M | $77.3M | ||
| Q4 24 | $151.7M | $78.3M | ||
| Q3 24 | $156.7M | $79.1M | ||
| Q2 24 | $153.1M | $74.9M | ||
| Q1 24 | $160.7M | $80.7M |
净利润ABRRPAY
| Q4 25 | — | $-140.1M | ||
| Q3 25 | $52.0M | $-6.4M | ||
| Q2 25 | $36.3M | $-102.3M | ||
| Q1 25 | $43.4M | $-7.9M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | $73.5M | $3.2M | ||
| Q2 24 | $61.8M | $-4.1M | ||
| Q1 24 | $73.2M | $-5.2M |
毛利率ABRRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率ABRRPAY
| Q4 25 | — | -182.2% | ||
| Q3 25 | — | -3.9% | ||
| Q2 25 | — | -138.7% | ||
| Q1 25 | — | -4.7% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | -0.9% | ||
| Q2 24 | — | -4.6% | ||
| Q1 24 | 46.9% | -3.1% |
净利率ABRRPAY
| Q4 25 | — | -178.3% | ||
| Q3 25 | 46.3% | -8.3% | ||
| Q2 25 | 27.8% | -135.2% | ||
| Q1 25 | 32.3% | -10.3% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | 46.9% | 4.1% | ||
| Q2 24 | 40.4% | -5.4% | ||
| Q1 24 | 45.6% | -6.5% |
每股收益（稀释后）ABRRPAY
| Q4 25 | $0.08 | $-1.68 | ||
| Q3 25 | $0.20 | $-0.08 | ||
| Q2 25 | $0.12 | $-1.15 | ||
| Q1 25 | $0.16 | $-0.09 | ||
| Q4 24 | $0.31 | $-0.04 | ||
| Q3 24 | $0.31 | $0.03 | ||
| Q2 24 | $0.25 | $-0.04 | ||
| Q1 24 | $0.31 | $-0.06 |
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 | $482.9M | $115.7M |
| 总债务越低越好 | $11.1B | $280.1M |
| 股东权益账面价值 | $3.0B | $484.4M |
| 总资产 | $14.5B | $1.2B |
| 负债/权益比越低杠杆越低 | 3.75× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资ABRRPAY
| Q4 25 | $482.9M | $115.7M | ||
| Q3 25 | $423.4M | $95.7M | ||
| Q2 25 | $255.7M | $162.6M | ||
| Q1 25 | $308.8M | $165.5M | ||
| Q4 24 | $503.8M | $189.5M | ||
| Q3 24 | $687.5M | $168.7M | ||
| Q2 24 | $737.5M | $147.1M | ||
| Q1 24 | $908.0M | $128.3M |
总债务ABRRPAY
| Q4 25 | $11.1B | $280.1M | ||
| Q3 25 | $10.4B | $279.5M | ||
| Q2 25 | $10.1B | $279.0M | ||
| Q1 25 | $9.9B | $497.6M | ||
| Q4 24 | $10.0B | $496.8M | ||
| Q3 24 | $10.3B | $496.2M | ||
| Q2 24 | $10.6B | $435.6M | ||
| Q1 24 | $11.4B | $434.9M |
股东权益ABRRPAY
| Q4 25 | $3.0B | $484.4M | ||
| Q3 25 | $3.0B | $616.9M | ||
| Q2 25 | $3.0B | $633.7M | ||
| Q1 25 | $3.0B | $755.7M | ||
| Q4 24 | $3.0B | $761.3M | ||
| Q3 24 | $3.0B | $754.7M | ||
| Q2 24 | $3.1B | $815.4M | ||
| Q1 24 | $3.1B | $813.8M |
总资产ABRRPAY
| Q4 25 | $14.5B | $1.2B | ||
| Q3 25 | $13.9B | $1.3B | ||
| Q2 25 | $13.6B | $1.4B | ||
| Q1 25 | $13.4B | $1.5B | ||
| Q4 24 | $13.5B | $1.6B | ||
| Q3 24 | $13.9B | $1.6B | ||
| Q2 24 | $14.2B | $1.5B | ||
| Q1 24 | $15.1B | $1.5B |
负债/权益比ABRRPAY
| Q4 25 | 3.75× | 0.58× | ||
| Q3 25 | 3.47× | 0.45× | ||
| Q2 25 | 3.40× | 0.44× | ||
| Q1 25 | 3.29× | 0.66× | ||
| Q4 24 | 3.29× | 0.65× | ||
| Q3 24 | 3.40× | 0.66× | ||
| Q2 24 | 3.47× | 0.53× | ||
| Q1 24 | 3.68× | 0.53× |
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 | $372.4M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流ABRRPAY
| Q4 25 | $372.4M | $23.3M | ||
| Q3 25 | $178.7M | $32.2M | ||
| Q2 25 | $60.0M | $33.1M | ||
| Q1 25 | $150.5M | $2.5M | ||
| Q4 24 | $461.5M | $34.3M | ||
| Q3 24 | $85.0M | $60.1M | ||
| Q2 24 | $69.9M | $31.0M | ||
| Q1 24 | $260.0M | $24.8M |
自由现金流ABRRPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率ABRRPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度ABRRPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率ABRRPAY
| Q4 25 | — | — | ||
| Q3 25 | 3.44× | — | ||
| Q2 25 | 1.65× | — | ||
| Q1 25 | 3.47× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.16× | 18.52× | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 3.55× | — |
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
ABR
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
