vs
Affirm Holdings, Inc.（AFRM）与Enova International, Inc.（ENVA）财务数据对比。点击上方公司名可切换其他公司
Enova International, Inc.的季度营收约是Affirm Holdings, Inc.的2.2倍（$875.1M vs $401.4M）。Affirm Holdings, Inc.净利率更高（32.3% vs 10.4%，领先21.9%）。Affirm Holdings, Inc.同比增速更快（32.5% vs 17.4%）。过去两年Affirm Holdings, Inc.的营收复合增速更高（43.5% vs 18.0%）
Affirm Holdings, Inc.是美国知名金融科技企业、领先的先买后付（BNPL）服务商，由PayPal联合创始人马克斯·列夫琴于2012年创立。截至2025年，平台拥有近2600万用户，年支付处理规模达370亿美元，是美国规模最大的本土BNPL金融机构。
Enova International是一家全球金融科技企业，提供短期消费贷款、小微企业融资等线上金融服务，主要覆盖北美、南美及欧洲市场，依托先进数据分析技术评估用户信用，为传统金融覆盖不足的群体提供定制化金融产品。
AFRM vs ENVA — 直观对比
营收规模更大
ENVA
是对方的2.2倍
$401.4M
营收增速更快
AFRM
高出15.1%
17.4%
净利率更高
AFRM
高出21.9%
10.4%
两年增速更快
AFRM
近两年复合增速
18.0%
损益表 — Q2 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $401.4M | $875.1M |
| 净利润 | $129.6M | $91.1M |
| 毛利率 | — | — |
| 营业利润率 | 29.3% | 23.7% |
| 净利率 | 32.3% | 10.4% |
| 营收同比 | 32.5% | 17.4% |
| 净利润同比 | 61.3% | 24.9% |
| 每股收益（稀释后） | $0.37 | $3.46 |
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AFRMENVA
| Q1 26 | — | $875.1M | ||
| Q4 25 | $401.4M | $839.4M | ||
| Q3 25 | $320.5M | $802.7M | ||
| Q2 25 | $306.6M | $764.0M | ||
| Q1 25 | $272.5M | $745.5M | ||
| Q4 24 | $303.0M | $729.6M | ||
| Q3 24 | $231.8M | $689.9M | ||
| Q2 24 | $224.0M | $628.4M |
净利润AFRMENVA
| Q1 26 | — | $91.1M | ||
| Q4 25 | $129.6M | $79.0M | ||
| Q3 25 | $80.7M | $80.3M | ||
| Q2 25 | $69.2M | $76.1M | ||
| Q1 25 | $2.8M | $72.9M | ||
| Q4 24 | $80.4M | $63.7M | ||
| Q3 24 | $-100.2M | $43.4M | ||
| Q2 24 | $-45.1M | $53.9M |
毛利率AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | — | 59.8% | ||
| Q3 25 | — | 57.4% | ||
| Q2 25 | — | 57.8% | ||
| Q1 25 | — | 57.2% | ||
| Q4 24 | — | 56.6% | ||
| Q3 24 | — | 58.0% | ||
| Q2 24 | — | 58.9% |
营业利润率AFRMENVA
| Q1 26 | — | 23.7% | ||
| Q4 25 | 29.3% | 22.2% | ||
| Q3 25 | 19.9% | 24.5% | ||
| Q2 25 | 18.9% | 24.1% | ||
| Q1 25 | -3.1% | 23.1% | ||
| Q4 24 | -1.4% | 21.3% | ||
| Q3 24 | -57.2% | 22.3% | ||
| Q2 24 | -32.8% | 23.1% |
净利率AFRMENVA
| Q1 26 | — | 10.4% | ||
| Q4 25 | 32.3% | 9.4% | ||
| Q3 25 | 25.2% | 10.0% | ||
| Q2 25 | 22.6% | 10.0% | ||
| Q1 25 | 1.0% | 9.8% | ||
| Q4 24 | 26.5% | 8.7% | ||
| Q3 24 | -43.2% | 6.3% | ||
| Q2 24 | -20.2% | 8.6% |
每股收益（稀释后）AFRMENVA
| Q1 26 | — | $3.46 | ||
| Q4 25 | $0.37 | $2.94 | ||
| Q3 25 | $0.23 | $3.03 | ||
| Q2 25 | $0.22 | $2.86 | ||
| Q1 25 | $0.01 | $2.69 | ||
| Q4 24 | $0.23 | $2.29 | ||
| Q3 24 | $-0.31 | $1.57 | ||
| Q2 24 | $-0.13 | $1.93 |
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 | $1.5B | $96.1M |
| 总债务越低越好 | $9.0B | $4.8B |
| 股东权益账面价值 | $3.5B | — |
| 总资产 | $13.0B | $6.9B |
| 负债/权益比越低杠杆越低 | 2.54× | — |
8季度趋势，按日历期对齐
现金及短期投资AFRMENVA
| Q1 26 | — | $96.1M | ||
| Q4 25 | $1.5B | $71.7M | ||
| Q3 25 | $1.4B | $53.6M | ||
| Q2 25 | $1.4B | $55.6M | ||
| Q1 25 | $1.4B | $55.5M | ||
| Q4 24 | $1.2B | $73.9M | ||
| Q3 24 | $1.0B | $67.5M | ||
| Q2 24 | $1.0B | $60.1M |
总债务AFRMENVA
| Q1 26 | — | $4.8B | ||
| Q4 25 | $9.0B | $4.5B | ||
| Q3 25 | $7.7B | $4.1B | ||
| Q2 25 | $7.6B | $4.0B | ||
| Q1 25 | $7.1B | $3.8B | ||
| Q4 24 | $7.3B | $3.6B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | $1.8B | $3.2B |
股东权益AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $1.3B | ||
| Q3 25 | $3.3B | $1.3B | ||
| Q2 25 | $3.1B | $1.2B | ||
| Q1 25 | $2.9B | $1.2B | ||
| Q4 24 | $2.8B | $1.2B | ||
| Q3 24 | $2.8B | $1.2B | ||
| Q2 24 | $2.7B | $1.1B |
总资产AFRMENVA
| Q1 26 | — | $6.9B | ||
| Q4 25 | $13.0B | $6.5B | ||
| Q3 25 | $11.5B | $6.0B | ||
| Q2 25 | $11.2B | $5.7B | ||
| Q1 25 | $10.4B | $5.5B | ||
| Q4 24 | $10.5B | $5.3B | ||
| Q3 24 | $10.1B | $5.0B | ||
| Q2 24 | $9.5B | $4.8B |
负债/权益比AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | 2.54× | 3.37× | ||
| Q3 25 | 2.35× | 3.20× | ||
| Q2 25 | 2.48× | 3.23× | ||
| Q1 25 | 2.49× | 3.14× | ||
| Q4 24 | 2.62× | 2.98× | ||
| Q3 24 | — | 2.79× | ||
| Q2 24 | 0.67× | 2.78× |
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 | $173.7M | — |
| 自由现金流经营现金流 - 资本支出 | $118.0M | — |
| 自由现金流率自由现金流/营收 | 29.4% | — |
| 资本支出强度资本支出/营收 | 13.9% | — |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | $619.1M | — |
8季度趋势，按日历期对齐
经营现金流AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | $173.7M | $498.8M | ||
| Q3 25 | $374.6M | $481.8M | ||
| Q2 25 | $74.6M | $447.4M | ||
| Q1 25 | $210.4M | $391.1M | ||
| Q4 24 | $312.0M | $430.5M | ||
| Q3 24 | $196.9M | $398.6M | ||
| Q2 24 | $68.8M | $360.9M |
自由现金流AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | $118.0M | $487.1M | ||
| Q3 25 | $320.2M | $470.5M | ||
| Q2 25 | $23.5M | $436.1M | ||
| Q1 25 | $157.4M | $378.3M | ||
| Q4 24 | $268.1M | $420.3M | ||
| Q3 24 | $152.7M | $387.6M | ||
| Q2 24 | $30.5M | $349.9M |
自由现金流率AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | 29.4% | 58.0% | ||
| Q3 25 | 99.9% | 58.6% | ||
| Q2 25 | 7.7% | 57.1% | ||
| Q1 25 | 57.7% | 50.7% | ||
| Q4 24 | 88.5% | 57.6% | ||
| Q3 24 | 65.9% | 56.2% | ||
| Q2 24 | 13.6% | 55.7% |
资本支出强度AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 1.4% | ||
| Q3 25 | 17.0% | 1.4% | ||
| Q2 25 | 16.7% | 1.5% | ||
| Q1 25 | 19.5% | 1.7% | ||
| Q4 24 | 14.5% | 1.4% | ||
| Q3 24 | 19.0% | 1.6% | ||
| Q2 24 | 17.1% | 1.8% |
现金转化率AFRMENVA
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 6.32× | ||
| Q3 25 | 4.64× | 6.00× | ||
| Q2 25 | 1.08× | 5.87× | ||
| Q1 25 | 75.03× | 5.36× | ||
| Q4 24 | 3.88× | 6.76× | ||
| Q3 24 | — | 9.18× | ||
| Q2 24 | — | 6.70× |
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
AFRM
| Merchant Network | $328.4M | 82% |
| Virtual Card Network | $73.0M | 18% |
| Commercial Agreement Amazon | $1.9M | 0% |
ENVA
暂无分部数据
