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ACV Auctions Inc.（ACVA）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是ACV Auctions Inc.的1.2倍（$217.4M vs $183.6M），ACV Auctions Inc.同比增速更快（15.1% vs 0.5%），Rapid7, Inc.自由现金流更多（$36.4M vs $-14.7M），过去两年ACV Auctions Inc.的营收复合增速更高（12.3% vs 3.0%）
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。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
ACVA vs RPD — 直观对比
营收规模更大
RPD
是对方的1.2倍
$183.6M
营收增速更快
ACVA
高出14.6%
0.5%
自由现金流更多
RPD
多$51.1M
$-14.7M
两年增速更快
ACVA
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $217.4M |
| 净利润 | — | $3.1M |
| 毛利率 | — | 68.9% |
| 营业利润率 | -9.7% | 1.0% |
| 净利率 | — | 1.4% |
| 营收同比 | 15.1% | 0.5% |
| 净利润同比 | — | 44.1% |
| 每股收益（稀释后） | $-0.12 | $0.05 |
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ACVARPD
| Q4 25 | $183.6M | $217.4M | ||
| Q3 25 | $199.6M | $218.0M | ||
| Q2 25 | $193.7M | $214.2M | ||
| Q1 25 | $182.7M | $210.3M | ||
| Q4 24 | $159.5M | $216.3M | ||
| Q3 24 | $171.3M | $214.7M | ||
| Q2 24 | $160.6M | $208.0M | ||
| Q1 24 | $145.7M | $205.1M |
净利润ACVARPD
| Q4 25 | — | $3.1M | ||
| Q3 25 | $-24.5M | $9.8M | ||
| Q2 25 | $-7.3M | $8.3M | ||
| Q1 25 | $-14.8M | $2.1M | ||
| Q4 24 | — | $2.2M | ||
| Q3 24 | $-16.0M | $15.4M | ||
| Q2 24 | $-17.1M | $6.5M | ||
| Q1 24 | $-20.5M | $1.4M |
毛利率ACVARPD
| Q4 25 | — | 68.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 70.7% | ||
| Q1 24 | — | 70.3% |
营业利润率ACVARPD
| Q4 25 | -9.7% | 1.0% | ||
| Q3 25 | -11.9% | 2.7% | ||
| Q2 25 | -3.7% | 1.6% | ||
| Q1 25 | -7.9% | -0.0% | ||
| Q4 24 | -16.2% | 3.4% | ||
| Q3 24 | -10.0% | 6.0% | ||
| Q2 24 | -11.6% | 2.5% | ||
| Q1 24 | -15.5% | 4.7% |
净利率ACVARPD
| Q4 25 | — | 1.4% | ||
| Q3 25 | -12.3% | 4.5% | ||
| Q2 25 | -3.8% | 3.9% | ||
| Q1 25 | -8.1% | 1.0% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | -9.4% | 7.2% | ||
| Q2 24 | -10.6% | 3.1% | ||
| Q1 24 | -14.1% | 0.7% |
每股收益（稀释后）ACVARPD
| Q4 25 | $-0.12 | $0.05 | ||
| Q3 25 | $-0.14 | $0.15 | ||
| Q2 25 | $-0.04 | $0.13 | ||
| Q1 25 | $-0.09 | $0.03 | ||
| Q4 24 | $-0.15 | $0.08 | ||
| Q3 24 | $-0.10 | $0.21 | ||
| Q2 24 | $-0.10 | $0.09 | ||
| Q1 24 | $-0.13 | $0.02 |
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 | $474.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $429.7M | $154.7M |
| 总资产 | $1.1B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ACVARPD
| Q4 25 | $271.5M | $474.7M | ||
| Q3 25 | $265.3M | $407.1M | ||
| Q2 25 | $258.4M | $511.7M | ||
| Q1 25 | $291.9M | $493.5M | ||
| Q4 24 | $224.1M | $521.7M | ||
| Q3 24 | $252.5M | $443.7M | ||
| Q2 24 | $215.0M | $442.6M | ||
| Q1 24 | $209.8M | $411.7M |
股东权益ACVARPD
| Q4 25 | $429.7M | $154.7M | ||
| Q3 25 | $434.4M | $127.2M | ||
| Q2 25 | $448.8M | $90.4M | ||
| Q1 25 | $439.6M | $52.7M | ||
| Q4 24 | $440.0M | $17.7M | ||
| Q3 24 | $456.2M | $-5.1M | ||
| Q2 24 | $457.6M | $-52.6M | ||
| Q1 24 | $458.3M | $-86.4M |
总资产ACVARPD
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $984.1M | $1.7B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.0B | $1.5B | ||
| Q1 24 | $1.0B | $1.5B |
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 | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $36.4M |
| 自由现金流率自由现金流/营收 | -8.0% | 16.8% |
| 资本支出强度资本支出/营收 | 1.2% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $69.1M | $146.2M |
8季度趋势，按日历期对齐
经营现金流ACVARPD
| Q4 25 | $-12.4M | $37.6M | ||
| Q3 25 | $10.3M | $39.0M | ||
| Q2 25 | $13.7M | $47.5M | ||
| Q1 25 | $66.6M | $29.8M | ||
| Q4 24 | $-3.2M | $63.8M | ||
| Q3 24 | $21.1M | $44.0M | ||
| Q2 24 | $4.5M | $32.9M | ||
| Q1 24 | $43.0M | $31.1M |
自由现金流ACVARPD
| Q4 25 | $-14.7M | $36.4M | ||
| Q3 25 | $7.7M | $34.8M | ||
| Q2 25 | $10.9M | $46.6M | ||
| Q1 25 | $65.3M | $28.4M | ||
| Q4 24 | $-3.9M | $62.6M | ||
| Q3 24 | $20.2M | $42.6M | ||
| Q2 24 | $2.7M | $32.6M | ||
| Q1 24 | $41.9M | $30.4M |
自由现金流率ACVARPD
| Q4 25 | -8.0% | 16.8% | ||
| Q3 25 | 3.8% | 16.0% | ||
| Q2 25 | 5.6% | 21.8% | ||
| Q1 25 | 35.7% | 13.5% | ||
| Q4 24 | -2.5% | 28.9% | ||
| Q3 24 | 11.8% | 19.9% | ||
| Q2 24 | 1.7% | 15.7% | ||
| Q1 24 | 28.8% | 14.8% |
资本支出强度ACVARPD
| Q4 25 | 1.2% | 0.5% | ||
| Q3 25 | 1.3% | 1.9% | ||
| Q2 25 | 1.5% | 0.4% | ||
| Q1 25 | 0.7% | 0.6% | ||
| Q4 24 | 0.4% | 0.5% | ||
| Q3 24 | 0.6% | 0.6% | ||
| Q2 24 | 1.1% | 0.1% | ||
| Q1 24 | 0.7% | 0.3% |
现金转化率ACVARPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | — | 3.97× | ||
| Q2 25 | — | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | — | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | — | 22.10× |
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% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
