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Adeia Inc.（ADEA）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
Adeia Inc.的季度营收约是RE/MAX Holdings, Inc.的1.5倍（$104.8M vs $71.1M），Adeia Inc.净利率更高（21.7% vs 2.0%，领先19.7%），Adeia Inc.同比增速更快（19.5% vs -1.8%），过去两年Adeia Inc.的营收复合增速更高（9.5% vs -4.7%）
Adeia Inc.是一家全球化知识产权授权与创新企业，主营半导体制造、消费电子、媒体分发及智能设备领域的专利技术研发与商业化合作，与全球多家头部科技企业达成授权合作，推动相关行业技术升级。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
ADEA vs RMAX — 直观对比
营收规模更大
ADEA
是对方的1.5倍
$71.1M
营收增速更快
ADEA
高出21.3%
-1.8%
净利率更高
ADEA
高出19.7%
2.0%
两年增速更快
ADEA
近两年复合增速
-4.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $104.8M | $71.1M |
| 净利润 | $22.8M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 33.2% | 13.1% |
| 净利率 | 21.7% | 2.0% |
| 营收同比 | 19.5% | -1.8% |
| 净利润同比 | 92.8% | -75.2% |
| 每股收益（稀释后） | $0.20 | — |
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ADEARMAX
| Q1 26 | $104.8M | — | ||
| Q4 25 | $182.6M | $71.1M | ||
| Q3 25 | $87.3M | $73.2M | ||
| Q2 25 | $85.7M | $72.8M | ||
| Q1 25 | $87.7M | $74.5M | ||
| Q4 24 | $119.2M | $72.5M | ||
| Q3 24 | $86.1M | $78.5M | ||
| Q2 24 | $87.3M | $78.5M |
净利润ADEARMAX
| Q1 26 | $22.8M | — | ||
| Q4 25 | $73.7M | $1.4M | ||
| Q3 25 | $8.8M | $4.0M | ||
| Q2 25 | $16.7M | $4.7M | ||
| Q1 25 | $11.8M | $-2.0M | ||
| Q4 24 | $36.0M | $5.8M | ||
| Q3 24 | $19.3M | $966.0K | ||
| Q2 24 | $8.4M | $3.7M |
营业利润率ADEARMAX
| Q1 26 | 33.2% | — | ||
| Q4 25 | 59.5% | 13.1% | ||
| Q3 25 | 30.9% | 25.0% | ||
| Q2 25 | 19.1% | 19.3% | ||
| Q1 25 | 26.0% | 7.2% | ||
| Q4 24 | 48.2% | 5.9% | ||
| Q3 24 | 32.7% | 19.4% | ||
| Q2 24 | 27.1% | 20.6% |
净利率ADEARMAX
| Q1 26 | 21.7% | — | ||
| Q4 25 | 40.4% | 2.0% | ||
| Q3 25 | 10.1% | 5.4% | ||
| Q2 25 | 19.5% | 6.4% | ||
| Q1 25 | 13.5% | -2.6% | ||
| Q4 24 | 30.2% | 8.0% | ||
| Q3 24 | 22.4% | 1.2% | ||
| Q2 24 | 9.6% | 4.7% |
每股收益（稀释后）ADEARMAX
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.66 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $0.15 | — | ||
| Q1 25 | $0.10 | — | ||
| Q4 24 | $0.32 | — | ||
| Q3 24 | $0.17 | — | ||
| Q2 24 | $0.07 | — |
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 | $53.3M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | — | $452.4M |
| 总资产 | $1.0B | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资ADEARMAX
| Q1 26 | $53.3M | — | ||
| Q4 25 | $136.7M | $118.7M | ||
| Q3 25 | $115.1M | $107.5M | ||
| Q2 25 | $116.5M | $94.3M | ||
| Q1 25 | $116.5M | $89.1M | ||
| Q4 24 | $110.4M | $96.6M | ||
| Q3 24 | $89.2M | $83.8M | ||
| Q2 24 | $94.5M | $66.1M |
总债务ADEARMAX
| Q1 26 | — | — | ||
| Q4 25 | $418.5M | $432.2M | ||
| Q3 25 | $438.7M | $433.3M | ||
| Q2 25 | $448.9M | $434.4M | ||
| Q1 25 | $459.2M | $435.3M | ||
| Q4 24 | $475.5M | $436.2M | ||
| Q3 24 | $524.4M | $437.2M | ||
| Q2 24 | $535.6M | $438.1M |
股东权益ADEARMAX
| Q1 26 | — | — | ||
| Q4 25 | $480.5M | $452.4M | ||
| Q3 25 | $413.7M | $448.1M | ||
| Q2 25 | $402.9M | $442.4M | ||
| Q1 25 | $389.5M | $433.5M | ||
| Q4 24 | $396.6M | $429.5M | ||
| Q3 24 | $378.2M | $423.1M | ||
| Q2 24 | $359.1M | $418.4M |
总资产ADEARMAX
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $582.5M | ||
| Q3 25 | $1.1B | $582.2M | ||
| Q2 25 | $1.1B | $574.8M | ||
| Q1 25 | $1.1B | $571.4M | ||
| Q4 24 | $1.1B | $581.6M | ||
| Q3 24 | $1.1B | $578.6M | ||
| Q2 24 | $1.1B | $571.4M |
负债/权益比ADEARMAX
| Q1 26 | — | — | ||
| Q4 25 | 0.87× | 0.96× | ||
| Q3 25 | 1.06× | 0.97× | ||
| Q2 25 | 1.11× | 0.98× | ||
| Q1 25 | 1.18× | 1.00× | ||
| Q4 24 | 1.20× | 1.02× | ||
| Q3 24 | 1.39× | 1.03× | ||
| Q2 24 | 1.49× | 1.05× |
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 | $58.5M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | — | $33.5M |
| 自由现金流率自由现金流/营收 | — | 47.1% |
| 资本支出强度资本支出/营收 | — | 10.4% |
| 现金转化率经营现金流/净利润 | 2.57× | 28.39× |
| 过去12个月自由现金流最近4个季度 | — | $56.8M |
8季度趋势，按日历期对齐
经营现金流ADEARMAX
| Q1 26 | $58.5M | — | ||
| Q4 25 | $60.0M | $40.9M | ||
| Q3 25 | $17.8M | $17.7M | ||
| Q2 25 | $23.1M | $4.6M | ||
| Q1 25 | $57.1M | $5.7M | ||
| Q4 24 | $107.5M | $59.7M | ||
| Q3 24 | $14.3M | $17.6M | ||
| Q2 24 | $23.5M | $15.9M |
自由现金流ADEARMAX
| Q1 26 | — | — | ||
| Q4 25 | $59.4M | $33.5M | ||
| Q3 25 | $17.0M | $16.4M | ||
| Q2 25 | $22.9M | $2.9M | ||
| Q1 25 | $56.9M | $4.0M | ||
| Q4 24 | $106.9M | $53.0M | ||
| Q3 24 | $14.3M | $16.3M | ||
| Q2 24 | $23.0M | $14.0M |
自由现金流率ADEARMAX
| Q1 26 | — | — | ||
| Q4 25 | 32.5% | 47.1% | ||
| Q3 25 | 19.5% | 22.4% | ||
| Q2 25 | 26.7% | 4.0% | ||
| Q1 25 | 64.9% | 5.3% | ||
| Q4 24 | 89.7% | 73.2% | ||
| Q3 24 | 16.6% | 20.8% | ||
| Q2 24 | 26.4% | 17.8% |
资本支出强度ADEARMAX
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 10.4% | ||
| Q3 25 | 0.9% | 1.8% | ||
| Q2 25 | 0.2% | 2.2% | ||
| Q1 25 | 0.3% | 2.3% | ||
| Q4 24 | 0.5% | 9.1% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 0.5% | 2.4% |
现金转化率ADEARMAX
| Q1 26 | 2.57× | — | ||
| Q4 25 | 0.81× | 28.39× | ||
| Q3 25 | 2.02× | 4.45× | ||
| Q2 25 | 1.38× | 0.97× | ||
| Q1 25 | 4.84× | — | ||
| Q4 24 | 2.98× | 10.28× | ||
| Q3 24 | 0.74× | 18.22× | ||
| Q2 24 | 2.80× | 4.29× |
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
ADEA
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
