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ACACIA RESEARCH CORP（ACTG）与Eventbrite, Inc.（EB）财务数据对比。点击上方公司名可切换其他公司
Eventbrite, Inc.的季度营收约是ACACIA RESEARCH CORP的1.5倍（$73.5M vs $50.1M），ACACIA RESEARCH CORP净利率更高（6.8% vs -11.1%，领先17.9%），ACACIA RESEARCH CORP同比增速更快（2.6% vs -3.9%），过去两年ACACIA RESEARCH CORP的营收复合增速更高（43.6% vs -7.7%）
槐亚研究公司是一家总部位于纽约市的美国上市企业，在科技、能源以及工业制造领域开展业务收购与运营工作。该公司与控股股东斯塔博德价值投资合伙企业保持战略伙伴关系，这家企业在业内常被归类为专利流氓。
Eventbrite是源自美国的线下活动服务平台，为用户提供活动浏览、创建与推广服务，支持主办方免费在平台发布不限规模、不限数量的各类活动，是全球范围内活跃度较高的活动交易与推广平台。
ACTG vs EB — 直观对比
营收规模更大
EB
是对方的1.5倍
$50.1M
营收增速更快
ACTG
高出6.5%
-3.9%
净利率更高
ACTG
高出17.9%
-11.1%
两年增速更快
ACTG
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $50.1M | $73.5M |
| 净利润 | $3.4M | $-8.2M |
| 毛利率 | 12.8% | 68.1% |
| 营业利润率 | -26.1% | -12.4% |
| 净利率 | 6.8% | -11.1% |
| 营收同比 | 2.6% | -3.9% |
| 净利润同比 | 125.5% | 2.5% |
| 每股收益（稀释后） | $0.03 | $-0.08 |
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ACTGEB
| Q4 25 | $50.1M | $73.5M | ||
| Q3 25 | $59.4M | $71.7M | ||
| Q2 25 | $51.2M | $72.8M | ||
| Q1 25 | $124.4M | $73.8M | ||
| Q4 24 | $48.8M | $76.5M | ||
| Q3 24 | $23.3M | $77.8M | ||
| Q2 24 | $25.8M | $84.6M | ||
| Q1 24 | $24.3M | $86.3M |
净利润ACTGEB
| Q4 25 | $3.4M | $-8.2M | ||
| Q3 25 | $-2.7M | $6.4M | ||
| Q2 25 | $-3.3M | $-2.1M | ||
| Q1 25 | $24.3M | $-6.6M | ||
| Q4 24 | $-13.4M | $-8.4M | ||
| Q3 24 | $-14.0M | $-3.8M | ||
| Q2 24 | $-8.4M | $1.1M | ||
| Q1 24 | $-186.0K | $-4.5M |
毛利率ACTGEB
| Q4 25 | 12.8% | 68.1% | ||
| Q3 25 | 21.2% | 67.9% | ||
| Q2 25 | 12.8% | 67.5% | ||
| Q1 25 | 47.4% | 66.9% | ||
| Q4 24 | 17.6% | 68.2% | ||
| Q3 24 | 10.1% | 68.5% | ||
| Q2 24 | 26.2% | 70.9% | ||
| Q1 24 | 49.2% | 71.0% |
营业利润率ACTGEB
| Q4 25 | -26.1% | -12.4% | ||
| Q3 25 | -10.8% | -1.3% | ||
| Q2 25 | -24.2% | -8.7% | ||
| Q1 25 | 30.8% | -13.2% | ||
| Q4 24 | -32.4% | -10.2% | ||
| Q3 24 | -44.1% | -11.5% | ||
| Q2 24 | -18.4% | -7.6% | ||
| Q1 24 | -8.6% | -8.8% |
净利率ACTGEB
| Q4 25 | 6.8% | -11.1% | ||
| Q3 25 | -4.6% | 8.9% | ||
| Q2 25 | -6.4% | -2.9% | ||
| Q1 25 | 19.5% | -9.0% | ||
| Q4 24 | -27.5% | -11.0% | ||
| Q3 24 | -60.0% | -4.8% | ||
| Q2 24 | -32.7% | 1.3% | ||
| Q1 24 | -0.8% | -5.2% |
每股收益（稀释后）ACTGEB
| Q4 25 | $0.03 | $-0.08 | ||
| Q3 25 | $-0.03 | $0.06 | ||
| Q2 25 | $-0.03 | $-0.02 | ||
| Q1 25 | $0.25 | $-0.07 | ||
| Q4 24 | $-0.14 | $-0.09 | ||
| Q3 24 | $-0.14 | $-0.04 | ||
| Q2 24 | $-0.08 | $0.01 | ||
| Q1 24 | $0.00 | $-0.05 |
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 | $306.7M | $299.9M |
| 总债务越低越好 | $91.9M | $144.4M |
| 股东权益账面价值 | $543.5M | $179.1M |
| 总资产 | $771.0M | $647.2M |
| 负债/权益比越低杠杆越低 | 0.17× | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资ACTGEB
| Q4 25 | $306.7M | $299.9M | ||
| Q3 25 | $301.8M | — | ||
| Q2 25 | $316.7M | — | ||
| Q1 25 | $272.0M | — | ||
| Q4 24 | $273.9M | $441.5M | ||
| Q3 24 | $410.9M | $24.7M | ||
| Q2 24 | $441.9M | $56.7M | ||
| Q1 24 | $498.4M | $113.7M |
总债务ACTGEB
| Q4 25 | $91.9M | $144.4M | ||
| Q3 25 | — | $174.9M | ||
| Q2 25 | — | $241.3M | ||
| Q1 25 | — | $241.0M | ||
| Q4 24 | — | $240.7M | ||
| Q3 24 | — | $240.4M | ||
| Q2 24 | — | $358.7M | ||
| Q1 24 | — | $358.2M |
股东权益ACTGEB
| Q4 25 | $543.5M | $179.1M | ||
| Q3 25 | $537.6M | $189.1M | ||
| Q2 25 | $538.6M | $177.2M | ||
| Q1 25 | $540.2M | $173.3M | ||
| Q4 24 | $514.8M | $170.2M | ||
| Q3 24 | $540.2M | $179.8M | ||
| Q2 24 | $560.7M | $176.2M | ||
| Q1 24 | $568.3M | $184.1M |
总资产ACTGEB
| Q4 25 | $771.0M | $647.2M | ||
| Q3 25 | $768.9M | $744.6M | ||
| Q2 25 | $775.5M | $784.1M | ||
| Q1 25 | $801.6M | $812.3M | ||
| Q4 24 | $756.4M | $752.3M | ||
| Q3 24 | $707.6M | $817.4M | ||
| Q2 24 | $753.6M | $894.5M | ||
| Q1 24 | $631.7M | $952.2M |
负债/权益比ACTGEB
| Q4 25 | 0.17× | 0.81× | ||
| Q3 25 | — | 0.92× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.39× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 2.04× | ||
| Q1 24 | — | 1.95× |
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 | $75.2M | $-60.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-60.9M |
| 自由现金流率自由现金流/营收 | — | -82.8% |
| 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 | 22.01× | — |
| 过去12个月自由现金流最近4个季度 | — | $17.6M |
8季度趋势，按日历期对齐
经营现金流ACTGEB
| Q4 25 | $75.2M | $-60.8M | ||
| Q3 25 | $9.5M | $36.7M | ||
| Q2 25 | $50.1M | $-17.5M | ||
| Q1 25 | $2.4M | $59.4M | ||
| Q4 24 | $50.1M | $-45.3M | ||
| Q3 24 | $-593.0K | $44.6M | ||
| Q2 24 | $16.1M | $-32.3M | ||
| Q1 24 | $54.8M | $68.6M |
自由现金流ACTGEB
| Q4 25 | — | $-60.9M | ||
| Q3 25 | — | $36.6M | ||
| Q2 25 | — | $-17.5M | ||
| Q1 25 | $335.0K | $59.4M | ||
| Q4 24 | $-98.5M | $-45.3M | ||
| Q3 24 | $-2.8M | $44.4M | ||
| Q2 24 | $-126.7M | $-32.4M | ||
| Q1 24 | $54.6M | $68.2M |
自由现金流率ACTGEB
| Q4 25 | — | -82.8% | ||
| Q3 25 | — | 51.1% | ||
| Q2 25 | — | -24.1% | ||
| Q1 25 | 0.3% | 80.4% | ||
| Q4 24 | -201.8% | -59.2% | ||
| Q3 24 | -12.1% | 57.1% | ||
| Q2 24 | -490.5% | -38.3% | ||
| Q1 24 | 224.4% | 79.1% |
资本支出强度ACTGEB
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | 1.7% | 0.1% | ||
| Q4 24 | 304.4% | 0.0% | ||
| Q3 24 | 9.6% | 0.2% | ||
| Q2 24 | 553.0% | 0.1% | ||
| Q1 24 | 1.1% | 0.4% |
现金转化率ACTGEB
| Q4 25 | 22.01× | — | ||
| Q3 25 | — | 5.76× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -30.37× | ||
| Q1 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
ACTG
| Energy Operations | $16.0M | 32% |
| Transportation Safety | $10.4M | 21% |
| Office Storage And Display Solutions | $8.4M | 17% |
| Printers Consumables And Parts | $6.5M | 13% |
| Natural Gas Reserves | $5.1M | 10% |
| Natural Gas Liquids Reserves | $3.3M | 7% |
EB
| US | $52.0M | 71% |
| Other | $21.6M | 29% |
