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Affirm Holdings, Inc.（AFRM）与SHOE CARNIVAL INC（SCVL）财务数据对比。点击上方公司名可切换其他公司
Affirm Holdings, Inc.的季度营收约是SHOE CARNIVAL INC的1.4倍（$401.4M vs $297.2M），Affirm Holdings, Inc.净利率更高（32.3% vs 4.9%，领先27.4%），Affirm Holdings, Inc.同比增速更快（32.5% vs -3.2%），Affirm Holdings, Inc.自由现金流更多（$118.0M vs $19.7M），过去两年Affirm Holdings, Inc.的营收复合增速更高（43.5% vs 3.0%）
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。
Shoe Carnival Inc是一家美国家庭鞋类零售商，目前在美国中西部、南部、东南部地区以及波多黎各共开设了429家门店。该公司由大卫·拉塞尔于1978年创立，截至2025年，其总部位于南卡罗来纳州福特米尔。
AFRM vs SCVL — 直观对比
营收规模更大
AFRM
是对方的1.4倍
$297.2M
营收增速更快
AFRM
高出35.6%
-3.2%
净利率更高
AFRM
高出27.4%
4.9%
自由现金流更多
AFRM
多$98.3M
$19.7M
两年增速更快
AFRM
近两年复合增速
3.0%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $401.4M | $297.2M |
| 净利润 | $129.6M | $14.6M |
| 毛利率 | — | 37.6% |
| 营业利润率 | 29.3% | 6.3% |
| 净利率 | 32.3% | 4.9% |
| 营收同比 | 32.5% | -3.2% |
| 净利润同比 | 61.3% | -23.9% |
| 每股收益（稀释后） | $0.37 | $0.53 |
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AFRMSCVL
| Q4 25 | $401.4M | $297.2M | ||
| Q3 25 | $320.5M | $306.4M | ||
| Q2 25 | $306.6M | $277.7M | ||
| Q1 25 | $272.5M | $262.9M | ||
| Q4 24 | $303.0M | $306.9M | ||
| Q3 24 | $231.8M | $332.7M | ||
| Q2 24 | $224.0M | $300.4M | ||
| Q1 24 | $195.0M | $280.2M |
净利润AFRMSCVL
| Q4 25 | $129.6M | $14.6M | ||
| Q3 25 | $80.7M | $19.2M | ||
| Q2 25 | $69.2M | $9.3M | ||
| Q1 25 | $2.8M | $14.7M | ||
| Q4 24 | $80.4M | $19.2M | ||
| Q3 24 | $-100.2M | $22.6M | ||
| Q2 24 | $-45.1M | $17.3M | ||
| Q1 24 | $-133.9M | $15.5M |
毛利率AFRMSCVL
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 38.8% | ||
| Q2 25 | — | 34.5% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 36.0% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.6% |
营业利润率AFRMSCVL
| Q4 25 | 29.3% | 6.3% | ||
| Q3 25 | 19.9% | 8.2% | ||
| Q2 25 | 18.9% | 4.3% | ||
| Q1 25 | -3.1% | 5.3% | ||
| Q4 24 | -1.4% | 8.0% | ||
| Q3 24 | -57.2% | 9.0% | ||
| Q2 24 | -32.8% | 7.5% | ||
| Q1 24 | -82.5% | 7.1% |
净利率AFRMSCVL
| Q4 25 | 32.3% | 4.9% | ||
| Q3 25 | 25.2% | 6.3% | ||
| Q2 25 | 22.6% | 3.4% | ||
| Q1 25 | 1.0% | 5.6% | ||
| Q4 24 | 26.5% | 6.3% | ||
| Q3 24 | -43.2% | 6.8% | ||
| Q2 24 | -20.2% | 5.8% | ||
| Q1 24 | -68.7% | 5.5% |
每股收益（稀释后）AFRMSCVL
| Q4 25 | $0.37 | $0.53 | ||
| Q3 25 | $0.23 | $0.70 | ||
| Q2 25 | $0.22 | $0.34 | ||
| Q1 25 | $0.01 | $0.53 | ||
| Q4 24 | $0.23 | $0.70 | ||
| Q3 24 | $-0.31 | $0.82 | ||
| Q2 24 | $-0.13 | $0.63 | ||
| Q1 24 | $-0.43 | $0.57 |
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 | $107.7M |
| 总债务越低越好 | $9.0B | — |
| 股东权益账面价值 | $3.5B | $683.2M |
| 总资产 | $13.0B | $1.2B |
| 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AFRMSCVL
| Q4 25 | $1.5B | $107.7M | ||
| Q3 25 | $1.4B | $91.9M | ||
| Q2 25 | $1.4B | $93.0M | ||
| Q1 25 | $1.4B | $123.1M | ||
| Q4 24 | $1.2B | $91.1M | ||
| Q3 24 | $1.0B | $84.5M | ||
| Q2 24 | $1.0B | $69.5M | ||
| Q1 24 | $1.3B | $111.2M |
总债务AFRMSCVL
| Q4 25 | $9.0B | — | ||
| Q3 25 | $7.7B | — | ||
| Q2 25 | $7.6B | — | ||
| Q1 25 | $7.1B | — | ||
| Q4 24 | $7.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | — | — |
股东权益AFRMSCVL
| Q4 25 | $3.5B | $683.2M | ||
| Q3 25 | $3.3B | $670.7M | ||
| Q2 25 | $3.1B | $653.6M | ||
| Q1 25 | $2.9B | $649.0M | ||
| Q4 24 | $2.8B | $635.7M | ||
| Q3 24 | $2.8B | $618.5M | ||
| Q2 24 | $2.7B | $597.8M | ||
| Q1 24 | $2.6B | $583.4M |
总资产AFRMSCVL
| Q4 25 | $13.0B | $1.2B | ||
| Q3 25 | $11.5B | $1.2B | ||
| Q2 25 | $11.2B | $1.1B | ||
| Q1 25 | $10.4B | $1.1B | ||
| Q4 24 | $10.5B | $1.1B | ||
| Q3 24 | $10.1B | $1.1B | ||
| Q2 24 | $9.5B | $1.1B | ||
| Q1 24 | $9.2B | $1.0B |
负债/权益比AFRMSCVL
| Q4 25 | 2.54× | — | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 2.49× | — | ||
| Q4 24 | 2.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.67× | — | ||
| 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 | $173.7M | $33.6M |
| 自由现金流经营现金流 - 资本支出 | $118.0M | $19.7M |
| 自由现金流率自由现金流/营收 | 29.4% | 6.6% |
| 资本支出强度资本支出/营收 | 13.9% | 4.7% |
| 现金转化率经营现金流/净利润 | 1.34× | 2.30× |
| 过去12个月自由现金流最近4个季度 | $619.1M | $35.1M |
8季度趋势，按日历期对齐
经营现金流AFRMSCVL
| Q4 25 | $173.7M | $33.6M | ||
| Q3 25 | $374.6M | $13.3M | ||
| Q2 25 | $74.6M | $-9.6M | ||
| Q1 25 | $210.4M | $44.5M | ||
| Q4 24 | $312.0M | $17.3M | ||
| Q3 24 | $196.9M | $23.7M | ||
| Q2 24 | $68.8M | $17.1M | ||
| Q1 24 | $208.2M | $53.4M |
自由现金流AFRMSCVL
| Q4 25 | $118.0M | $19.7M | ||
| Q3 25 | $320.2M | $2.2M | ||
| Q2 25 | $23.5M | $-23.0M | ||
| Q1 25 | $157.4M | $36.2M | ||
| Q4 24 | $268.1M | $8.3M | ||
| Q3 24 | $152.7M | $18.2M | ||
| Q2 24 | $30.5M | $6.9M | ||
| Q1 24 | $161.7M | $40.7M |
自由现金流率AFRMSCVL
| Q4 25 | 29.4% | 6.6% | ||
| Q3 25 | 99.9% | 0.7% | ||
| Q2 25 | 7.7% | -8.3% | ||
| Q1 25 | 57.7% | 13.8% | ||
| Q4 24 | 88.5% | 2.7% | ||
| Q3 24 | 65.9% | 5.5% | ||
| Q2 24 | 13.6% | 2.3% | ||
| Q1 24 | 82.9% | 14.5% |
资本支出强度AFRMSCVL
| Q4 25 | 13.9% | 4.7% | ||
| Q3 25 | 17.0% | 3.6% | ||
| Q2 25 | 16.7% | 4.8% | ||
| Q1 25 | 19.5% | 3.2% | ||
| Q4 24 | 14.5% | 3.0% | ||
| Q3 24 | 19.0% | 1.7% | ||
| Q2 24 | 17.1% | 3.4% | ||
| Q1 24 | 23.8% | 4.5% |
现金转化率AFRMSCVL
| Q4 25 | 1.34× | 2.30× | ||
| Q3 25 | 4.64× | 0.69× | ||
| Q2 25 | 1.08× | -1.03× | ||
| Q1 25 | 75.03× | 3.04× | ||
| Q4 24 | 3.88× | 0.90× | ||
| Q3 24 | — | 1.05× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 3.44× |
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% |
SCVL
暂无分部数据
