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Enact Holdings, Inc.（ACT）与Warby Parker Inc.（WRBY）财务数据对比。点击上方公司名可切换其他公司
Enact Holdings, Inc.的季度营收约是Warby Parker Inc.的1.5倍（$312.1M vs $212.0M），Enact Holdings, Inc.净利率更高（53.8% vs -2.8%，领先56.6%），Warby Parker Inc.同比增速更快（11.2% vs 1.7%），过去两年Warby Parker Inc.的营收复合增速更高（2.9% vs 2.2%）
Enact Holdings, Inc.是美国领先的私人抵押贷款保险服务商，为银行、信用社等各类住宅抵押贷款机构提供风险缓释解决方案，帮助首付较低的购房者获得可负担的住房贷款，助力更多美国普通消费者实现安居需求。
Warby Parker是总部位于纽约的美国眼镜品牌零售商，主营处方眼镜、隐形眼镜及太阳镜，还提供验光服务。品牌2010年创立之初仅在线上运营，目前约三分之二的收入来自276家线下实体门店，其中271家位于美国，5家位于加拿大，品牌未来计划开设900家门店，现有消费者规模228万，客单价约263美元。
ACT vs WRBY — 直观对比
营收规模更大
ACT
是对方的1.5倍
$212.0M
营收增速更快
WRBY
高出9.5%
1.7%
净利率更高
ACT
高出56.6%
-2.8%
两年增速更快
WRBY
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $312.1M | $212.0M |
| 净利润 | $168.0M | $-6.0M |
| 毛利率 | — | 52.4% |
| 营业利润率 | — | -3.2% |
| 净利率 | 53.8% | -2.8% |
| 营收同比 | 1.7% | 11.2% |
| 净利润同比 | 1.2% | 13.4% |
| 每股收益（稀释后） | $1.18 | $-0.06 |
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ACTWRBY
| Q1 26 | $312.1M | — | ||
| Q4 25 | $312.7M | $212.0M | ||
| Q3 25 | $311.5M | $221.7M | ||
| Q2 25 | $304.9M | $214.5M | ||
| Q1 25 | $306.8M | $223.8M | ||
| Q4 24 | $301.8M | $190.6M | ||
| Q3 24 | $309.6M | $192.4M | ||
| Q2 24 | $298.8M | $188.2M |
净利润ACTWRBY
| Q1 26 | $168.0M | — | ||
| Q4 25 | — | $-6.0M | ||
| Q3 25 | — | $5.9M | ||
| Q2 25 | — | $-1.8M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $-6.9M | ||
| Q3 24 | — | $-4.1M | ||
| Q2 24 | — | $-6.8M |
毛利率ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | — | 52.4% | ||
| Q3 25 | — | 54.1% | ||
| Q2 25 | — | 53.0% | ||
| Q1 25 | — | 56.3% | ||
| Q4 24 | — | 54.1% | ||
| Q3 24 | — | 54.5% | ||
| Q2 24 | — | 56.0% |
营业利润率ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | 71.3% | -3.2% | ||
| Q3 25 | 67.4% | 1.6% | ||
| Q2 25 | 70.4% | -2.1% | ||
| Q1 25 | 68.9% | 1.1% | ||
| Q4 24 | 68.9% | -4.9% | ||
| Q3 24 | 74.1% | -3.4% | ||
| Q2 24 | 78.6% | -4.8% |
净利率ACTWRBY
| Q1 26 | 53.8% | — | ||
| Q4 25 | — | -2.8% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | -0.8% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | — | -2.1% | ||
| Q2 24 | — | -3.6% |
每股收益（稀释后）ACTWRBY
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.23 | $-0.06 | ||
| Q3 25 | $1.10 | $0.05 | ||
| Q2 25 | $1.11 | $-0.01 | ||
| Q1 25 | $1.08 | $0.03 | ||
| Q4 24 | $1.05 | $-0.06 | ||
| Q3 24 | $1.15 | $-0.03 | ||
| Q2 24 | $1.16 | $-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 | $549.0M | $286.4M |
| 总债务越低越好 | $744.9M | — |
| 股东权益账面价值 | $5.3B | $367.7M |
| 总资产 | $7.0B | $720.9M |
| 负债/权益比越低杠杆越低 | 0.14× | — |
8季度趋势，按日历期对齐
现金及短期投资ACTWRBY
| Q1 26 | $549.0M | — | ||
| Q4 25 | $582.5M | $286.4M | ||
| Q3 25 | $545.6M | $280.4M | ||
| Q2 25 | $616.0M | $286.4M | ||
| Q1 25 | $639.0M | $265.1M | ||
| Q4 24 | $602.8M | $254.2M | ||
| Q3 24 | $674.9M | $251.0M | ||
| Q2 24 | $711.3M | $238.0M |
总债务ACTWRBY
| Q1 26 | $744.9M | — | ||
| Q4 25 | $744.5M | — | ||
| Q3 25 | $744.1M | — | ||
| Q2 25 | $743.8M | — | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | — | ||
| Q3 24 | $742.7M | — | ||
| Q2 24 | $742.4M | — |
股东权益ACTWRBY
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.4B | $367.7M | ||
| Q3 25 | $5.3B | $369.6M | ||
| Q2 25 | $5.2B | $361.5M | ||
| Q1 25 | $5.1B | $354.1M | ||
| Q4 24 | $5.0B | $340.1M | ||
| Q3 24 | $5.0B | $336.8M | ||
| Q2 24 | $4.8B | $329.4M |
总资产ACTWRBY
| Q1 26 | $7.0B | — | ||
| Q4 25 | $6.9B | $720.9M | ||
| Q3 25 | $6.9B | $706.9M | ||
| Q2 25 | $6.8B | $701.9M | ||
| Q1 25 | $6.7B | $682.8M | ||
| Q4 24 | $6.5B | $676.5M | ||
| Q3 24 | $6.6B | $638.0M | ||
| Q2 24 | $6.3B | $618.2M |
负债/权益比ACTWRBY
| Q1 26 | 0.14× | — | ||
| Q4 25 | 0.14× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.15× | — |
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 | — | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.1M |
| 自由现金流率自由现金流/营收 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 7.1% |
| 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 | — | $43.7M |
8季度趋势，按日历期对齐
经营现金流ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | $724.5M | $23.3M | ||
| Q3 25 | $192.0M | $18.0M | ||
| Q2 25 | $119.5M | $40.2M | ||
| Q1 25 | $226.7M | $29.4M | ||
| Q4 24 | $686.3M | $19.9M | ||
| Q3 24 | $188.1M | $27.3M | ||
| Q2 24 | $144.7M | $31.6M |
自由现金流ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | — | $8.1M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $23.9M | ||
| Q1 25 | — | $13.2M | ||
| Q4 24 | — | $2.2M | ||
| Q3 24 | — | $13.1M | ||
| Q2 24 | — | $14.0M |
自由现金流率ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | -0.7% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 7.4% |
资本支出强度ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | — | 7.1% | ||
| Q3 25 | — | 8.8% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 9.4% |
现金转化率ACTWRBY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.06× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 8.46× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
ACT
| Premiums | $242.8M | 78% |
| Other | $69.2M | 22% |
WRBY
| Retail | $155.2M | 73% |
| E Commerce | $56.8M | 27% |
