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American Bitcoin Corp.（ABTC）与阿波罗全球管理（APO）财务数据对比。点击上方公司名可切换其他公司
阿波罗全球管理的季度营收约是American Bitcoin Corp.的83.6倍（$9.9B vs $118.0M）。American Bitcoin Corp.同比增速更快（151.5% vs 86.7%）。过去两年American Bitcoin Corp.的营收复合增速更高（296.9% vs 18.4%）
美国比特币公司专注于比特币相关业务领域。比特币是首个去中心化加密货币，由化名为中本聪的匿名人士于2008年发布白皮书后诞生，2009年随着开源代码上线正式投入使用，问世以来对全球金融与数字货币领域都产生了极为深远的影响。
阿波罗全球管理是美国头部另类资产管理机构，截至2025年总资产管理规模达8400亿美元，业务涵盖3920亿美元的信贷类资产（含夹层资本、对冲基金、不良贷款、担保贷款凭证等）、990亿美元私募股权，以及462亿美元的地产、基建等实体资产，为全球客户提供专业资产管理服务。
ABTC vs APO — 直观对比
营收规模更大
APO
是对方的83.6倍
$118.0M
营收增速更快
ABTC
高出64.8%
86.7%
两年增速更快
ABTC
近两年复合增速
18.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $118.0M | $9.9B |
| 净利润 | — | $684.0M |
| 毛利率 | 49.1% | — |
| 营业利润率 | -192.8% | 17.8% |
| 净利率 | — | 6.9% |
| 营收同比 | 151.5% | 86.7% |
| 净利润同比 | — | -54.0% |
| 每股收益（稀释后） | $-0.07 | $1.09 |
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ABTCAPO
| Q4 25 | $118.0M | $9.9B | ||
| Q3 25 | $64.2M | $9.8B | ||
| Q2 25 | $1.4M | $6.8B | ||
| Q1 25 | $1.6M | $5.5B | ||
| Q4 24 | $46.9M | $5.3B | ||
| Q3 24 | $11.6M | $7.8B | ||
| Q2 24 | $5.5M | $6.0B | ||
| Q1 24 | $7.5M | $7.0B |
净利润ABTCAPO
| Q4 25 | — | $684.0M | ||
| Q3 25 | $3.5M | $1.7B | ||
| Q2 25 | $3.4M | $630.0M | ||
| Q1 25 | $-100.6M | $442.0M | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $-576.0K | $811.0M | ||
| Q2 24 | $-61.1M | $853.0M | ||
| Q1 24 | $230.4M | $1.4B |
毛利率ABTCAPO
| Q4 25 | 49.1% | — | ||
| Q3 25 | 56.0% | — | ||
| Q2 25 | -16.8% | — | ||
| Q1 25 | -31.8% | — | ||
| Q4 24 | 57.9% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 35.4% | — |
营业利润率ABTCAPO
| Q4 25 | -192.8% | 17.8% | ||
| Q3 25 | 11.2% | 29.5% | ||
| Q2 25 | -162.1% | 12.4% | ||
| Q1 25 | -350.8% | 21.3% | ||
| Q4 24 | — | 32.6% | ||
| Q3 24 | -87.8% | 26.8% | ||
| Q2 24 | -106.4% | 23.9% | ||
| Q1 24 | -20.8% | 31.1% |
净利率ABTCAPO
| Q4 25 | — | 6.9% | ||
| Q3 25 | 5.4% | 17.7% | ||
| Q2 25 | 249.2% | 9.2% | ||
| Q1 25 | -6458.5% | 8.0% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | -5.0% | 10.4% | ||
| Q2 24 | -1107.2% | 14.2% | ||
| Q1 24 | 3076.2% | 20.3% |
每股收益（稀释后）ABTCAPO
| Q4 25 | $-0.07 | $1.09 | ||
| Q3 25 | $0.06 | $2.78 | ||
| Q2 25 | $-0.07 | $0.99 | ||
| Q1 25 | $-0.09 | $0.68 | ||
| Q4 24 | $1.10 | $2.41 | ||
| Q3 24 | $-0.15 | $1.29 | ||
| Q2 24 | $-0.10 | $1.35 | ||
| Q1 24 | $-0.36 | $2.28 |
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 | — | — |
| 总债务越低越好 | — | $13.4B |
| 股东权益账面价值 | $665.8M | $23.3B |
| 总资产 | $1.2B | $460.9B |
| 负债/权益比越低杠杆越低 | — | 0.57× |
8季度趋势，按日历期对齐
现金及短期投资ABTCAPO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $750.0K | — | ||
| Q1 25 | $367.0K | — | ||
| Q4 24 | $850.0K | — | ||
| Q3 24 | $478.0K | — | ||
| Q2 24 | $1.4M | — | ||
| Q1 24 | $1.9M | — |
总债务ABTCAPO
| Q4 25 | — | $13.4B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $10.6B | ||
| Q4 24 | — | $10.6B | ||
| Q3 24 | — | $9.8B | ||
| Q2 24 | — | $9.8B | ||
| Q1 24 | — | $9.6B |
股东权益ABTCAPO
| Q4 25 | $665.8M | $23.3B | ||
| Q3 25 | $575.5M | $23.1B | ||
| Q2 25 | $339.7M | $19.3B | ||
| Q1 25 | $115.8M | $18.0B | ||
| Q4 24 | $1.0B | $17.3B | ||
| Q3 24 | $697.5M | $17.9B | ||
| Q2 24 | $614.3M | $15.3B | ||
| Q1 24 | $696.8M | $14.8B |
总资产ABTCAPO
| Q4 25 | $1.2B | $460.9B | ||
| Q3 25 | $1.2B | $449.5B | ||
| Q2 25 | $6.2M | $419.6B | ||
| Q1 25 | $9.0M | $395.0B | ||
| Q4 24 | $1.1B | $377.9B | ||
| Q3 24 | $7.5M | $368.7B | ||
| Q2 24 | $11.4M | $346.5B | ||
| Q1 24 | $17.8M | $334.1B |
负债/权益比ABTCAPO
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.59× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.65× |
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 | $-36.5M | $4.7B |
| 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 | — | 6.83× |
| 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ABTCAPO
| Q4 25 | $-36.5M | $4.7B | ||
| Q3 25 | $-39.0M | $303.0M | ||
| Q2 25 | $-879.0K | $1.3B | ||
| Q1 25 | $-3.2M | $1.0B | ||
| Q4 24 | $23.6M | $-4.0M | ||
| Q3 24 | $-76.8M | $1.9B | ||
| Q2 24 | $201.0K | $1.3B | ||
| Q1 24 | $-983.0K | $70.0M |
自由现金流ABTCAPO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-79.3M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率ABTCAPO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -683.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度ABTCAPO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 21.6% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率ABTCAPO
| Q4 25 | — | 6.83× | ||
| Q3 25 | -11.21× | 0.17× | ||
| Q2 25 | -0.26× | 2.00× | ||
| Q1 25 | — | 2.29× | ||
| Q4 24 | — | -0.00× | ||
| Q3 24 | — | 2.29× | ||
| Q2 24 | — | 1.56× | ||
| Q1 24 | -0.00× | 0.05× |
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
ABTC
暂无分部数据
APO
| Retirement Services Segment | $8.5B | 86% |
| Asset Management1 | $681.0M | 7% |
| Principal Investing Segment | $624.0M | 6% |
| Management Service Incentive | $96.0M | 1% |
