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Advantage Solutions Inc.（ADV）与Reddit, Inc.（RDDT）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Reddit, Inc.的1.3倍（$932.1M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs -17.4%，领先52.0%），Reddit, Inc.同比增速更快（69.7% vs 4.5%），Reddit, Inc.自由现金流更多（$263.6M vs $23.4M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs 4.0%）
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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
ADV vs RDDT — 直观对比
营收规模更大
ADV
是对方的1.3倍
$725.6M
营收增速更快
RDDT
高出65.2%
4.5%
净利率更高
RDDT
高出52.0%
-17.4%
自由现金流更多
RDDT
多$240.2M
$23.4M
两年增速更快
RDDT
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $932.1M | $725.6M |
| 净利润 | $-161.7M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | -17.4% | 31.9% |
| 净利率 | -17.4% | 34.7% |
| 营收同比 | 4.5% | 69.7% |
| 净利润同比 | 9.2% | 254.2% |
| 每股收益（稀释后） | — | $1.24 |
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ADVRDDT
| Q4 25 | $932.1M | $725.6M | ||
| Q3 25 | $915.0M | $584.9M | ||
| Q2 25 | $873.7M | $499.6M | ||
| Q1 25 | $821.8M | $392.4M | ||
| Q4 24 | $892.3M | $427.7M | ||
| Q3 24 | $939.3M | $348.4M | ||
| Q2 24 | $873.4M | $281.2M | ||
| Q1 24 | $861.4M | $243.0M |
净利润ADVRDDT
| Q4 25 | $-161.7M | $251.6M | ||
| Q3 25 | $20.6M | $162.7M | ||
| Q2 25 | $-30.4M | $89.3M | ||
| Q1 25 | $-56.1M | $26.2M | ||
| Q4 24 | $-178.0M | $71.0M | ||
| Q3 24 | $-42.8M | $29.9M | ||
| Q2 24 | $-100.8M | $-10.1M | ||
| Q1 24 | $-5.3M | $-575.1M |
毛利率ADVRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率ADVRDDT
| Q4 25 | -17.4% | 31.9% | ||
| Q3 25 | 4.4% | 23.7% | ||
| Q2 25 | 1.1% | 13.6% | ||
| Q1 25 | -1.8% | 1.0% | ||
| Q4 24 | -19.1% | 12.4% | ||
| Q3 24 | -0.3% | 2.0% | ||
| Q2 24 | -10.4% | -11.0% | ||
| Q1 24 | -3.5% | -242.5% |
净利率ADVRDDT
| Q4 25 | -17.4% | 34.7% | ||
| Q3 25 | 2.2% | 27.8% | ||
| Q2 25 | -3.5% | 17.9% | ||
| Q1 25 | -6.8% | 6.7% | ||
| Q4 24 | -20.0% | 16.6% | ||
| Q3 24 | -4.6% | 8.6% | ||
| Q2 24 | -11.5% | -3.6% | ||
| Q1 24 | -0.6% | -236.7% |
每股收益（稀释后）ADVRDDT
| Q4 25 | — | $1.24 | ||
| Q3 25 | — | $0.80 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $4.76 | ||
| Q3 24 | $-0.13 | $0.16 | ||
| Q2 24 | $-0.31 | $-0.06 | ||
| Q1 24 | $-0.02 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $554.0M | $2.9B |
| 总资产 | $2.8B | $3.2B |
| 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ADVRDDT
| Q4 25 | $240.8M | $953.6M | ||
| Q3 25 | $201.1M | $911.7M | ||
| Q2 25 | $102.9M | $734.1M | ||
| Q1 25 | $121.1M | $635.7M | ||
| Q4 24 | $205.2M | $562.1M | ||
| Q3 24 | $196.1M | $515.9M | ||
| Q2 24 | $154.0M | $468.0M | ||
| Q1 24 | $112.3M | $968.5M |
总债务ADVRDDT
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADVRDDT
| Q4 25 | $554.0M | $2.9B | ||
| Q3 25 | $708.5M | $2.6B | ||
| Q2 25 | $683.6M | $2.4B | ||
| Q1 25 | $695.6M | $2.2B | ||
| Q4 24 | $748.7M | $2.1B | ||
| Q3 24 | $932.5M | $2.0B | ||
| Q2 24 | $973.7M | $1.9B | ||
| Q1 24 | $1.1B | $1.8B |
总资产ADVRDDT
| Q4 25 | $2.8B | $3.2B | ||
| Q3 25 | $3.0B | $2.9B | ||
| Q2 25 | $3.0B | $2.6B | ||
| Q1 25 | $3.0B | $2.4B | ||
| Q4 24 | $3.1B | $2.3B | ||
| Q3 24 | $3.4B | $2.2B | ||
| Q2 24 | $3.5B | $2.1B | ||
| Q1 24 | $3.6B | $2.0B |
负债/权益比ADVRDDT
| 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $23.4M | $263.6M |
| 自由现金流率自由现金流/营收 | 2.5% | 36.3% |
| 资本支出强度资本支出/营收 | 2.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $10.7M | $684.2M |
8季度趋势，按日历期对齐
经营现金流ADVRDDT
| Q4 25 | $45.6M | $266.8M | ||
| Q3 25 | $63.6M | $185.2M | ||
| Q2 25 | $-8.1M | $111.3M | ||
| Q1 25 | $-39.6M | $127.6M | ||
| Q4 24 | $15.1M | $90.0M | ||
| Q3 24 | $34.0M | $71.6M | ||
| Q2 24 | $53.4M | $28.4M | ||
| Q1 24 | $-9.4M | $32.1M |
自由现金流ADVRDDT
| Q4 25 | $23.4M | $263.6M | ||
| Q3 25 | $52.2M | $183.1M | ||
| Q2 25 | $-10.2M | $110.8M | ||
| Q1 25 | $-54.7M | $126.6M | ||
| Q4 24 | $-27.4M | $89.2M | ||
| Q3 24 | $8.6M | $70.3M | ||
| Q2 24 | $43.8M | $27.2M | ||
| Q1 24 | $-24.8M | $29.2M |
自由现金流率ADVRDDT
| Q4 25 | 2.5% | 36.3% | ||
| Q3 25 | 5.7% | 31.3% | ||
| Q2 25 | -1.2% | 22.2% | ||
| Q1 25 | -6.7% | 32.3% | ||
| Q4 24 | -3.1% | 20.8% | ||
| Q3 24 | 0.9% | 20.2% | ||
| Q2 24 | 5.0% | 9.7% | ||
| Q1 24 | -2.9% | 12.0% |
资本支出强度ADVRDDT
| Q4 25 | 2.4% | 0.4% | ||
| Q3 25 | 1.3% | 0.4% | ||
| Q2 25 | 0.2% | 0.1% | ||
| Q1 25 | 1.8% | 0.2% | ||
| Q4 24 | 4.8% | 0.2% | ||
| Q3 24 | 2.7% | 0.4% | ||
| Q2 24 | 1.1% | 0.4% | ||
| Q1 24 | 1.8% | 1.2% |
现金转化率ADVRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | 3.09× | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| 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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
