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ACV Auctions Inc.（ACVA）与Alight, Inc.（ALIT）财务数据对比。点击上方公司名可切换其他公司
Alight, Inc.的季度营收约是ACV Auctions Inc.的3.6倍（$653.0M vs $183.6M）。ACV Auctions Inc.同比增速更快（15.1% vs -4.0%）。Alight, Inc.自由现金流更多（$99.0M vs $-14.7M）。过去两年ACV Auctions Inc.的营收复合增速更高（12.3% vs 8.1%）
ACV Auctions Inc.是北美领先的数字化二手车批发拍卖平台，主要服务美加两地汽车经销商，提供车辆透明检测、安全支付、物流配送等全链条服务，助力注册批发买卖双方无需线下到场即可高效完成二手车交易。
Alight公司是一家美国信息技术与咨询企业，专注于人力资源相关业务，主打基于云的系统服务、业务外包与咨询服务，为大型企业提供人力资本管理平台与外包方案，业务范围涵盖健康福利管理、财务管理以及退休规划等领域。
ACVA vs ALIT — 直观对比
营收规模更大
ALIT
是对方的3.6倍
$183.6M
营收增速更快
ACVA
高出19.1%
-4.0%
自由现金流更多
ALIT
多$113.7M
$-14.7M
两年增速更快
ACVA
近两年复合增速
8.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $653.0M |
| 净利润 | — | $-932.0M |
| 毛利率 | — | 36.8% |
| 营业利润率 | -9.7% | -114.9% |
| 净利率 | — | -142.7% |
| 营收同比 | 15.1% | -4.0% |
| 净利润同比 | — | -11750.0% |
| 每股收益（稀释后） | $-0.12 | $-1.77 |
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ACVAALIT
| Q4 25 | $183.6M | $653.0M | ||
| Q3 25 | $199.6M | $533.0M | ||
| Q2 25 | $193.7M | $528.0M | ||
| Q1 25 | $182.7M | $548.0M | ||
| Q4 24 | $159.5M | $680.0M | ||
| Q3 24 | $171.3M | $555.0M | ||
| Q2 24 | $160.6M | $538.0M | ||
| Q1 24 | $145.7M | $559.0M |
净利润ACVAALIT
| Q4 25 | — | $-932.0M | ||
| Q3 25 | $-24.5M | $-1.1B | ||
| Q2 25 | $-7.3M | $-1.1B | ||
| Q1 25 | $-14.8M | $-25.0M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | $-16.0M | $-74.0M | ||
| Q2 24 | $-17.1M | $23.0M | ||
| Q1 24 | $-20.5M | $-114.0M |
毛利率ACVAALIT
| Q4 25 | — | 36.8% | ||
| Q3 25 | — | 33.4% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 31.2% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | — | 31.4% | ||
| Q2 24 | — | 31.0% | ||
| Q1 24 | — | 32.6% |
营业利润率ACVAALIT
| Q4 25 | -9.7% | -114.9% | ||
| Q3 25 | -11.9% | -248.0% | ||
| Q2 25 | -3.7% | -191.3% | ||
| Q1 25 | -7.9% | -1.5% | ||
| Q4 24 | -16.2% | 6.5% | ||
| Q3 24 | -10.0% | -7.6% | ||
| Q2 24 | -11.6% | -9.7% | ||
| Q1 24 | -15.5% | -7.2% |
净利率ACVAALIT
| Q4 25 | — | -142.7% | ||
| Q3 25 | -12.3% | -200.2% | ||
| Q2 25 | -3.8% | -203.2% | ||
| Q1 25 | -8.1% | -4.6% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | -9.4% | -13.3% | ||
| Q2 24 | -10.6% | 4.3% | ||
| Q1 24 | -14.1% | -20.4% |
每股收益（稀释后）ACVAALIT
| Q4 25 | $-0.12 | $-1.77 | ||
| Q3 25 | $-0.14 | $-2.02 | ||
| Q2 25 | $-0.04 | $-2.03 | ||
| Q1 25 | $-0.09 | $-0.05 | ||
| Q4 24 | $-0.15 | $0.02 | ||
| Q3 24 | $-0.10 | $-0.14 | ||
| Q2 24 | $-0.10 | $0.04 | ||
| Q1 24 | $-0.13 | $-0.21 |
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 | $271.5M | $273.0M |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $429.7M | $1.0B |
| 总资产 | $1.1B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 1.92× |
8季度趋势，按日历期对齐
现金及短期投资ACVAALIT
| Q4 25 | $271.5M | $273.0M | ||
| Q3 25 | $265.3M | $205.0M | ||
| Q2 25 | $258.4M | $227.0M | ||
| Q1 25 | $291.9M | $223.0M | ||
| Q4 24 | $224.1M | $343.0M | ||
| Q3 24 | $252.5M | $300.0M | ||
| Q2 24 | $215.0M | $183.0M | ||
| Q1 24 | $209.8M | $256.0M |
总债务ACVAALIT
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.8B |
股东权益ACVAALIT
| Q4 25 | $429.7M | $1.0B | ||
| Q3 25 | $434.4M | $2.0B | ||
| Q2 25 | $448.8M | $3.1B | ||
| Q1 25 | $439.6M | $4.2B | ||
| Q4 24 | $440.0M | $4.3B | ||
| Q3 24 | $456.2M | $4.3B | ||
| Q2 24 | $457.6M | $4.5B | ||
| Q1 24 | $458.3M | $4.5B |
总资产ACVAALIT
| Q4 25 | $1.1B | $4.6B | ||
| Q3 25 | $1.2B | $5.5B | ||
| Q2 25 | $1.1B | $6.8B | ||
| Q1 25 | $1.2B | $7.9B | ||
| Q4 24 | $984.1M | $8.2B | ||
| Q3 24 | $1.0B | $8.3B | ||
| Q2 24 | $1.0B | $10.5B | ||
| Q1 24 | $1.0B | $10.7B |
负债/权益比ACVAALIT
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 1.00× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | 0.62× |
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 | $-12.4M | $124.0M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $99.0M |
| 自由现金流率自由现金流/营收 | -8.0% | 15.2% |
| 资本支出强度资本支出/营收 | 1.2% | 3.8% |
| 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 | $69.1M | $250.0M |
8季度趋势，按日历期对齐
经营现金流ACVAALIT
| Q4 25 | $-12.4M | $124.0M | ||
| Q3 25 | $10.3M | $77.0M | ||
| Q2 25 | $13.7M | $86.0M | ||
| Q1 25 | $66.6M | $73.0M | ||
| Q4 24 | $-3.2M | $118.0M | ||
| Q3 24 | $21.1M | $-24.0M | ||
| Q2 24 | $4.5M | $58.0M | ||
| Q1 24 | $43.0M | $100.0M |
自由现金流ACVAALIT
| Q4 25 | $-14.7M | $99.0M | ||
| Q3 25 | $7.7M | $49.0M | ||
| Q2 25 | $10.9M | $58.0M | ||
| Q1 25 | $65.3M | $44.0M | ||
| Q4 24 | $-3.9M | $92.0M | ||
| Q3 24 | $20.2M | $-52.0M | ||
| Q2 24 | $2.7M | $22.0M | ||
| Q1 24 | $41.9M | $69.0M |
自由现金流率ACVAALIT
| Q4 25 | -8.0% | 15.2% | ||
| Q3 25 | 3.8% | 9.2% | ||
| Q2 25 | 5.6% | 11.0% | ||
| Q1 25 | 35.7% | 8.0% | ||
| Q4 24 | -2.5% | 13.5% | ||
| Q3 24 | 11.8% | -9.4% | ||
| Q2 24 | 1.7% | 4.1% | ||
| Q1 24 | 28.8% | 12.3% |
资本支出强度ACVAALIT
| Q4 25 | 1.2% | 3.8% | ||
| Q3 25 | 1.3% | 5.3% | ||
| Q2 25 | 1.5% | 5.3% | ||
| Q1 25 | 0.7% | 5.3% | ||
| Q4 24 | 0.4% | 3.8% | ||
| Q3 24 | 0.6% | 5.0% | ||
| Q2 24 | 1.1% | 6.7% | ||
| Q1 24 | 0.7% | 5.5% |
现金转化率ACVAALIT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 14.75× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.52× | ||
| 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
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
ALIT
| Recurring | $607.0M | 93% |
| Projects | $46.0M | 7% |
