vs
Affirm Holdings, Inc.（AFRM）与富兰克林电气（FELE）财务数据对比。点击上方公司名可切换其他公司
富兰克林电气的季度营收约是Affirm Holdings, Inc.的1.2倍（$500.4M vs $401.4M），Affirm Holdings, Inc.净利率更高（32.3% vs 6.9%，领先25.3%），Affirm Holdings, Inc.同比增速更快（32.5% vs 9.9%），过去两年Affirm Holdings, Inc.的营收复合增速更高（43.5% vs -4.0%）
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。
富兰克林电气是全球知名的水务与能源管理产品及系统制造分销商，主营泵类、电机、驱动器及控制设备，产品广泛应用于住宅、商用、农业、工业、市政等多元场景。公司总部位于美国印第安纳州韦恩堡，在美国、德国、捷克、意大利、土耳其、墨西哥、巴西、澳大利亚、南非等多个国家设有生产基地，为全球客户提供可靠的流体运输与能源管理解决方案。
AFRM vs FELE — 直观对比
营收规模更大
FELE
是对方的1.2倍
$401.4M
营收增速更快
AFRM
高出22.5%
9.9%
净利率更高
AFRM
高出25.3%
6.9%
两年增速更快
AFRM
近两年复合增速
-4.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $401.4M | $500.4M |
| 净利润 | $129.6M | $34.7M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 29.3% | 9.6% |
| 净利率 | 32.3% | 6.9% |
| 营收同比 | 32.5% | 9.9% |
| 净利润同比 | 61.3% | 10.6% |
| 每股收益（稀释后） | $0.37 | $0.77 |
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AFRMFELE
| Q1 26 | — | $500.4M | ||
| Q4 25 | $401.4M | $506.9M | ||
| Q3 25 | $320.5M | $581.7M | ||
| Q2 25 | $306.6M | $587.4M | ||
| Q1 25 | $272.5M | $455.2M | ||
| Q4 24 | $303.0M | $485.7M | ||
| Q3 24 | $231.8M | $531.4M | ||
| Q2 24 | $224.0M | $543.3M |
净利润AFRMFELE
| Q1 26 | — | $34.7M | ||
| Q4 25 | $129.6M | $39.3M | ||
| Q3 25 | $80.7M | $16.7M | ||
| Q2 25 | $69.2M | $60.1M | ||
| Q1 25 | $2.8M | $31.0M | ||
| Q4 24 | $80.4M | $33.7M | ||
| Q3 24 | $-100.2M | $54.6M | ||
| Q2 24 | $-45.1M | $59.1M |
毛利率AFRMFELE
| Q1 26 | — | 35.0% | ||
| Q4 25 | — | 33.8% | ||
| Q3 25 | — | 35.9% | ||
| Q2 25 | — | 36.1% | ||
| Q1 25 | — | 36.0% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 35.7% | ||
| Q2 24 | — | 36.8% |
营业利润率AFRMFELE
| Q1 26 | — | 9.6% | ||
| Q4 25 | 29.3% | 10.2% | ||
| Q3 25 | 19.9% | 14.6% | ||
| Q2 25 | 18.9% | 15.0% | ||
| Q1 25 | -3.1% | 9.7% | ||
| Q4 24 | -1.4% | 8.9% | ||
| Q3 24 | -57.2% | 13.8% | ||
| Q2 24 | -32.8% | 14.6% |
净利率AFRMFELE
| Q1 26 | — | 6.9% | ||
| Q4 25 | 32.3% | 7.7% | ||
| Q3 25 | 25.2% | 2.9% | ||
| Q2 25 | 22.6% | 10.2% | ||
| Q1 25 | 1.0% | 6.8% | ||
| Q4 24 | 26.5% | 6.9% | ||
| Q3 24 | -43.2% | 10.3% | ||
| Q2 24 | -20.2% | 10.9% |
每股收益（稀释后）AFRMFELE
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.37 | $0.87 | ||
| Q3 25 | $0.23 | $0.37 | ||
| Q2 25 | $0.22 | $1.31 | ||
| Q1 25 | $0.01 | $0.67 | ||
| Q4 24 | $0.23 | $0.73 | ||
| Q3 24 | $-0.31 | $1.17 | ||
| Q2 24 | $-0.13 | $1.26 |
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 | $80.4M |
| 总债务越低越好 | $9.0B | $134.4M |
| 股东权益账面价值 | $3.5B | $1.3B |
| 总资产 | $13.0B | $2.0B |
| 负债/权益比越低杠杆越低 | 2.54× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资AFRMFELE
| Q1 26 | — | $80.4M | ||
| Q4 25 | $1.5B | $99.7M | ||
| Q3 25 | $1.4B | $102.9M | ||
| Q2 25 | $1.4B | $104.6M | ||
| Q1 25 | $1.4B | $84.0M | ||
| Q4 24 | $1.2B | $220.5M | ||
| Q3 24 | $1.0B | $106.3M | ||
| Q2 24 | $1.0B | $58.1M |
总债务AFRMFELE
| Q1 26 | — | $134.4M | ||
| Q4 25 | $9.0B | $135.2M | ||
| Q3 25 | $7.7B | $135.2M | ||
| Q2 25 | $7.6B | $14.5M | ||
| Q1 25 | $7.1B | $14.9M | ||
| Q4 24 | $7.3B | $11.6M | ||
| Q3 24 | — | $11.6M | ||
| Q2 24 | $1.8B | $87.2M |
股东权益AFRMFELE
| Q1 26 | — | $1.3B | ||
| Q4 25 | $3.5B | $1.3B | ||
| Q3 25 | $3.3B | $1.3B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $2.9B | $1.3B | ||
| Q4 24 | $2.8B | $1.3B | ||
| Q3 24 | $2.8B | $1.3B | ||
| Q2 24 | $2.7B | $1.2B |
总资产AFRMFELE
| Q1 26 | — | $2.0B | ||
| Q4 25 | $13.0B | $1.9B | ||
| Q3 25 | $11.5B | $2.0B | ||
| Q2 25 | $11.2B | $2.0B | ||
| Q1 25 | $10.4B | $1.9B | ||
| Q4 24 | $10.5B | $1.8B | ||
| Q3 24 | $10.1B | $1.8B | ||
| Q2 24 | $9.5B | $1.8B |
负债/权益比AFRMFELE
| Q1 26 | — | 0.10× | ||
| Q4 25 | 2.54× | 0.10× | ||
| Q3 25 | 2.35× | 0.10× | ||
| Q2 25 | 2.48× | 0.01× | ||
| Q1 25 | 2.49× | 0.01× | ||
| Q4 24 | 2.62× | 0.01× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | 0.67× | 0.07× |
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AFRMFELE
| Q1 26 | — | — | ||
| Q4 25 | $173.7M | $104.2M | ||
| Q3 25 | $374.6M | $102.7M | ||
| Q2 25 | $74.6M | $51.5M | ||
| Q1 25 | $210.4M | $-19.5M | ||
| Q4 24 | $312.0M | $110.3M | ||
| Q3 24 | $196.9M | $116.1M | ||
| Q2 24 | $68.8M | $36.4M |
自由现金流AFRMFELE
| Q1 26 | — | — | ||
| Q4 25 | $118.0M | $88.7M | ||
| Q3 25 | $320.2M | $91.3M | ||
| Q2 25 | $23.5M | $39.9M | ||
| Q1 25 | $157.4M | $-26.3M | ||
| Q4 24 | $268.1M | $97.5M | ||
| Q3 24 | $152.7M | $106.6M | ||
| Q2 24 | $30.5M | $26.1M |
自由现金流率AFRMFELE
| Q1 26 | — | — | ||
| Q4 25 | 29.4% | 17.5% | ||
| Q3 25 | 99.9% | 15.7% | ||
| Q2 25 | 7.7% | 6.8% | ||
| Q1 25 | 57.7% | -5.8% | ||
| Q4 24 | 88.5% | 20.1% | ||
| Q3 24 | 65.9% | 20.1% | ||
| Q2 24 | 13.6% | 4.8% |
资本支出强度AFRMFELE
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 3.1% | ||
| Q3 25 | 17.0% | 2.0% | ||
| Q2 25 | 16.7% | 2.0% | ||
| Q1 25 | 19.5% | 1.5% | ||
| Q4 24 | 14.5% | 2.6% | ||
| Q3 24 | 19.0% | 1.8% | ||
| Q2 24 | 17.1% | 1.9% |
现金转化率AFRMFELE
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 2.65× | ||
| Q3 25 | 4.64× | 6.14× | ||
| Q2 25 | 1.08× | 0.86× | ||
| Q1 25 | 75.03× | -0.63× | ||
| Q4 24 | 3.88× | 3.28× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | 0.62× |
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% |
FELE
暂无分部数据
