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ACV Auctions Inc.（ACVA）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是ACV Auctions Inc.的1.1倍（$197.9M vs $183.6M），ACV Auctions Inc.同比增速更快（15.1% vs 13.6%），REPLIGEN CORP自由现金流更多（$17.6M vs $-14.7M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs 12.3%）
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。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
ACVA vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.1倍
$183.6M
营收增速更快
ACVA
高出1.5%
13.6%
自由现金流更多
RGEN
多$32.2M
$-14.7M
两年增速更快
RGEN
近两年复合增速
12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $197.9M |
| 净利润 | — | $13.3M |
| 毛利率 | — | 52.5% |
| 营业利润率 | -9.7% | 9.0% |
| 净利率 | — | 6.7% |
| 营收同比 | 15.1% | 13.6% |
| 净利润同比 | — | 143.9% |
| 每股收益（稀释后） | $-0.12 | $0.24 |
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ACVARGEN
| Q4 25 | $183.6M | $197.9M | ||
| Q3 25 | $199.6M | $188.8M | ||
| Q2 25 | $193.7M | $182.4M | ||
| Q1 25 | $182.7M | $169.2M | ||
| Q4 24 | $159.5M | $174.1M | ||
| Q3 24 | $171.3M | $154.9M | ||
| Q2 24 | $160.6M | $154.1M | ||
| Q1 24 | $145.7M | $151.3M |
净利润ACVARGEN
| Q4 25 | — | $13.3M | ||
| Q3 25 | $-24.5M | $14.9M | ||
| Q2 25 | $-7.3M | $14.9M | ||
| Q1 25 | $-14.8M | $5.8M | ||
| Q4 24 | — | $-30.3M | ||
| Q3 24 | $-16.0M | $-654.0K | ||
| Q2 24 | $-17.1M | $3.3M | ||
| Q1 24 | $-20.5M | $2.1M |
毛利率ACVARGEN
| Q4 25 | — | 52.5% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 50.0% | ||
| Q1 25 | — | 53.6% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | — | 50.0% | ||
| Q2 24 | — | 49.8% | ||
| Q1 24 | — | 49.5% |
营业利润率ACVARGEN
| Q4 25 | -9.7% | 9.0% | ||
| Q3 25 | -11.9% | 8.9% | ||
| Q2 25 | -3.7% | 7.6% | ||
| Q1 25 | -7.9% | 3.9% | ||
| Q4 24 | -16.2% | -17.7% | ||
| Q3 24 | -10.0% | -5.1% | ||
| Q2 24 | -11.6% | 1.0% | ||
| Q1 24 | -15.5% | 1.3% |
净利率ACVARGEN
| Q4 25 | — | 6.7% | ||
| Q3 25 | -12.3% | 7.9% | ||
| Q2 25 | -3.8% | 8.2% | ||
| Q1 25 | -8.1% | 3.4% | ||
| Q4 24 | — | -17.4% | ||
| Q3 24 | -9.4% | -0.4% | ||
| Q2 24 | -10.6% | 2.2% | ||
| Q1 24 | -14.1% | 1.4% |
每股收益（稀释后）ACVARGEN
| Q4 25 | $-0.12 | $0.24 | ||
| Q3 25 | $-0.14 | $0.26 | ||
| Q2 25 | $-0.04 | $0.26 | ||
| Q1 25 | $-0.09 | $0.10 | ||
| Q4 24 | $-0.15 | $-0.55 | ||
| Q3 24 | $-0.10 | $-0.01 | ||
| Q2 24 | $-0.10 | $0.06 | ||
| Q1 24 | $-0.13 | $0.04 |
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 | $767.6M |
| 总债务越低越好 | — | $542.2M |
| 股东权益账面价值 | $429.7M | $2.1B |
| 总资产 | $1.1B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资ACVARGEN
| Q4 25 | $271.5M | $767.6M | ||
| Q3 25 | $265.3M | $748.7M | ||
| Q2 25 | $258.4M | $708.9M | ||
| Q1 25 | $291.9M | $697.2M | ||
| Q4 24 | $224.1M | $757.4M | ||
| Q3 24 | $252.5M | $784.0M | ||
| Q2 24 | $215.0M | $809.1M | ||
| Q1 24 | $209.8M | $780.6M |
总债务ACVARGEN
| Q4 25 | — | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACVARGEN
| Q4 25 | $429.7M | $2.1B | ||
| Q3 25 | $434.4M | $2.1B | ||
| Q2 25 | $448.8M | $2.1B | ||
| Q1 25 | $439.6M | $2.0B | ||
| Q4 24 | $440.0M | $2.0B | ||
| Q3 24 | $456.2M | $2.0B | ||
| Q2 24 | $457.6M | $2.0B | ||
| Q1 24 | $458.3M | $2.0B |
总资产ACVARGEN
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.2B | $2.9B | ||
| Q2 25 | $1.1B | $2.9B | ||
| Q1 25 | $1.2B | $2.9B | ||
| Q4 24 | $984.1M | $2.8B | ||
| Q3 24 | $1.0B | $2.8B | ||
| Q2 24 | $1.0B | $2.9B | ||
| Q1 24 | $1.0B | $2.8B |
负债/权益比ACVARGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $17.6M |
| 自由现金流率自由现金流/营收 | -8.0% | 8.9% |
| 资本支出强度资本支出/营收 | 1.2% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $69.1M | $93.9M |
8季度趋势，按日历期对齐
经营现金流ACVARGEN
| Q4 25 | $-12.4M | $25.7M | ||
| Q3 25 | $10.3M | $48.1M | ||
| Q2 25 | $13.7M | $28.6M | ||
| Q1 25 | $66.6M | $15.0M | ||
| Q4 24 | $-3.2M | $39.2M | ||
| Q3 24 | $21.1M | $49.3M | ||
| Q2 24 | $4.5M | $42.2M | ||
| Q1 24 | $43.0M | $44.7M |
自由现金流ACVARGEN
| Q4 25 | $-14.7M | $17.6M | ||
| Q3 25 | $7.7M | $43.4M | ||
| Q2 25 | $10.9M | $21.5M | ||
| Q1 25 | $65.3M | $11.4M | ||
| Q4 24 | $-3.9M | $33.6M | ||
| Q3 24 | $20.2M | $42.3M | ||
| Q2 24 | $2.7M | $37.4M | ||
| Q1 24 | $41.9M | $36.4M |
自由现金流率ACVARGEN
| Q4 25 | -8.0% | 8.9% | ||
| Q3 25 | 3.8% | 23.0% | ||
| Q2 25 | 5.6% | 11.8% | ||
| Q1 25 | 35.7% | 6.8% | ||
| Q4 24 | -2.5% | 19.3% | ||
| Q3 24 | 11.8% | 27.3% | ||
| Q2 24 | 1.7% | 24.3% | ||
| Q1 24 | 28.8% | 24.0% |
资本支出强度ACVARGEN
| Q4 25 | 1.2% | 4.1% | ||
| Q3 25 | 1.3% | 2.5% | ||
| Q2 25 | 1.5% | 3.9% | ||
| Q1 25 | 0.7% | 2.1% | ||
| Q4 24 | 0.4% | 3.2% | ||
| Q3 24 | 0.6% | 4.5% | ||
| Q2 24 | 1.1% | 3.1% | ||
| Q1 24 | 0.7% | 5.5% |
现金转化率ACVARGEN
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 3.23× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
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% |
RGEN
暂无分部数据
