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Advantage Solutions Inc.（ADV）与American Well Corp（AMWL）财务数据对比。点击上方公司名可切换其他公司
Advantage Solutions Inc.的季度营收约是American Well Corp的16.9倍（$932.1M vs $55.3M）。Advantage Solutions Inc.净利率更高（-17.4% vs -45.1%，领先27.7%）。Advantage Solutions Inc.同比增速更快（4.5% vs -22.1%）。Advantage Solutions Inc.自由现金流更多（$23.4M vs $-17.4M）。过去两年Advantage Solutions Inc.的营收复合增速更高（4.0% vs -3.6%）
该公司是一家全球数据与分析企业，为众多行业提供数据技术服务、分析工具、预测洞察与欺诈防范方案，总部位于佐治亚州阿尔法利塔，在美国全境以及澳大利亚、巴西、中国、法国、中国香港、印度、爱尔兰、以色列、菲律宾、英国均设有办公地点。
美国烟草公司由J.B.杜克于1890年整合多家美国烟草制造商合并创立，1896年成为道琼斯工业平均指数最初的12支成分股之一。该公司收购了好彩公司及超过200家竞争对手，一度垄断美国烟草行业。1907年美国联邦政府发起反垄断诉讼，最终将该公司分拆为多家企业。
ADV vs AMWL — 直观对比
营收规模更大
ADV
是对方的16.9倍
$55.3M
营收增速更快
ADV
高出26.6%
-22.1%
净利率更高
ADV
高出27.7%
-45.1%
自由现金流更多
ADV
多$40.8M
$-17.4M
两年增速更快
ADV
近两年复合增速
-3.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $932.1M | $55.3M |
| 净利润 | $-161.7M | $-24.9M |
| 毛利率 | — | — |
| 营业利润率 | -17.4% | -45.5% |
| 净利率 | -17.4% | -45.1% |
| 营收同比 | 4.5% | -22.1% |
| 净利润同比 | 9.2% | 41.6% |
| 每股收益（稀释后） | — | $-1.53 |
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ADVAMWL
| Q4 25 | $932.1M | $55.3M | ||
| Q3 25 | $915.0M | $56.3M | ||
| Q2 25 | $873.7M | $70.9M | ||
| Q1 25 | $821.8M | $66.8M | ||
| Q4 24 | $892.3M | $71.0M | ||
| Q3 24 | $939.3M | $61.0M | ||
| Q2 24 | $873.4M | $62.8M | ||
| Q1 24 | $861.4M | $59.5M |
净利润ADVAMWL
| Q4 25 | $-161.7M | $-24.9M | ||
| Q3 25 | $20.6M | $-32.4M | ||
| Q2 25 | $-30.4M | $-19.7M | ||
| Q1 25 | $-56.1M | $-18.7M | ||
| Q4 24 | $-178.0M | $-42.7M | ||
| Q3 24 | $-42.8M | $-43.5M | ||
| Q2 24 | $-100.8M | $-49.9M | ||
| Q1 24 | $-5.3M | $-72.1M |
营业利润率ADVAMWL
| Q4 25 | -17.4% | -45.5% | ||
| Q3 25 | 4.4% | -52.1% | ||
| Q2 25 | 1.1% | -28.7% | ||
| Q1 25 | -1.8% | -45.5% | ||
| Q4 24 | -19.1% | -60.2% | ||
| Q3 24 | -0.3% | -77.6% | ||
| Q2 24 | -10.4% | -83.4% | ||
| Q1 24 | -3.5% | -126.1% |
净利率ADVAMWL
| Q4 25 | -17.4% | -45.1% | ||
| Q3 25 | 2.2% | -57.5% | ||
| Q2 25 | -3.5% | -27.8% | ||
| Q1 25 | -6.8% | -28.0% | ||
| Q4 24 | -20.0% | -60.1% | ||
| Q3 24 | -4.6% | -71.2% | ||
| Q2 24 | -11.5% | -79.5% | ||
| Q1 24 | -0.6% | -121.1% |
每股收益（稀释后）ADVAMWL
| Q4 25 | — | $-1.53 | ||
| Q3 25 | — | $-2.00 | ||
| Q2 25 | — | $-1.24 | ||
| Q1 25 | — | $-1.19 | ||
| Q4 24 | — | $-2.71 | ||
| Q3 24 | $-0.13 | $-2.87 | ||
| Q2 24 | $-0.31 | $-3.36 | ||
| Q1 24 | $-0.02 | $-4.94 |
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 | $240.8M | $182.3M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $554.0M | $235.6M |
| 总资产 | $2.8B | $323.8M |
| 负债/权益比越低杠杆越低 | 3.05× | — |
8季度趋势，按日历期对齐
现金及短期投资ADVAMWL
| Q4 25 | $240.8M | $182.3M | ||
| Q3 25 | $201.1M | $200.9M | ||
| Q2 25 | $102.9M | $219.1M | ||
| Q1 25 | $121.1M | $222.4M | ||
| Q4 24 | $205.2M | $228.3M | ||
| Q3 24 | $196.1M | $244.6M | ||
| Q2 24 | $154.0M | $276.9M | ||
| Q1 24 | $112.3M | $308.6M |
总债务ADVAMWL
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADVAMWL
| Q4 25 | $554.0M | $235.6M | ||
| Q3 25 | $708.5M | $254.9M | ||
| Q2 25 | $683.6M | $282.6M | ||
| Q1 25 | $695.6M | $294.0M | ||
| Q4 24 | $748.7M | $304.8M | ||
| Q3 24 | $932.5M | $336.7M | ||
| Q2 24 | $973.7M | $363.9M | ||
| Q1 24 | $1.1B | $408.7M |
总资产ADVAMWL
| Q4 25 | $2.8B | $323.8M | ||
| Q3 25 | $3.0B | $359.4M | ||
| Q2 25 | $3.0B | $388.7M | ||
| Q1 25 | $3.0B | $419.5M | ||
| Q4 24 | $3.1B | $436.0M | ||
| Q3 24 | $3.4B | $483.0M | ||
| Q2 24 | $3.5B | $507.8M | ||
| Q1 24 | $3.6B | $548.4M |
负债/权益比ADVAMWL
| Q4 25 | 3.05× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.30× | — | ||
| 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 | $45.6M | $-17.4M |
| 自由现金流经营现金流 - 资本支出 | $23.4M | $-17.4M |
| 自由现金流率自由现金流/营收 | 2.5% | -31.4% |
| 资本支出强度资本支出/营收 | 2.4% | 0.0% |
| 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 | $10.7M | — |
8季度趋势，按日历期对齐
经营现金流ADVAMWL
| Q4 25 | $45.6M | $-17.4M | ||
| Q3 25 | $63.6M | $-18.8M | ||
| Q2 25 | $-8.1M | $-4.7M | ||
| Q1 25 | $-39.6M | $-25.1M | ||
| Q4 24 | $15.1M | $-13.4M | ||
| Q3 24 | $34.0M | $-32.4M | ||
| Q2 24 | $53.4M | $-21.8M | ||
| Q1 24 | $-9.4M | $-59.8M |
自由现金流ADVAMWL
| Q4 25 | $23.4M | $-17.4M | ||
| Q3 25 | $52.2M | — | ||
| Q2 25 | $-10.2M | — | ||
| Q1 25 | $-54.7M | $-25.1M | ||
| Q4 24 | $-27.4M | $-13.4M | ||
| Q3 24 | $8.6M | $-32.4M | ||
| Q2 24 | $43.8M | $-21.8M | ||
| Q1 24 | $-24.8M | $-59.8M |
自由现金流率ADVAMWL
| Q4 25 | 2.5% | -31.4% | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | -1.2% | — | ||
| Q1 25 | -6.7% | -37.6% | ||
| Q4 24 | -3.1% | -18.9% | ||
| Q3 24 | 0.9% | -53.0% | ||
| Q2 24 | 5.0% | -34.7% | ||
| Q1 24 | -2.9% | -100.5% |
资本支出强度ADVAMWL
| Q4 25 | 2.4% | 0.0% | ||
| Q3 25 | 1.3% | 0.0% | ||
| Q2 25 | 0.2% | 0.0% | ||
| Q1 25 | 1.8% | 0.0% | ||
| Q4 24 | 4.8% | 0.0% | ||
| Q3 24 | 2.7% | 0.0% | ||
| Q2 24 | 1.1% | 0.0% | ||
| Q1 24 | 1.8% | 0.1% |
现金转化率ADVAMWL
| Q4 25 | — | — | ||
| Q3 25 | 3.09× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
ADV
| Experiential Services | $395.9M | 42% |
| Branded Services | $289.8M | 31% |
| Retailer Services | $246.5M | 26% |
AMWL
| Platform Subscription | $28.8M | 52% |
| Visits | $23.7M | 43% |
| Others | $2.8M | 5% |
