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Affirm Holdings, Inc.（AFRM）与STANDARD MOTOR PRODUCTS, INC.（SMP）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STANDARD MOTOR PRODUCTS, INC.的1.0倍（$401.4M vs $385.1M），Affirm Holdings, Inc.净利率更高（32.3% vs 2.0%，领先30.2%），Affirm Holdings, Inc.同比增速更快（32.5% vs 12.2%），Affirm Holdings, Inc.自由现金流更多（$118.0M vs $-37.6M），过去两年Affirm Holdings, Inc.的营收复合增速更高（43.5% vs 7.8%）
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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
AFRM vs SMP — 直观对比
营收规模更大
AFRM
是对方的1.0倍
$385.1M
营收增速更快
AFRM
高出20.3%
12.2%
净利率更高
AFRM
高出30.2%
2.0%
自由现金流更多
AFRM
多$155.7M
$-37.6M
两年增速更快
AFRM
近两年复合增速
7.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $401.4M | $385.1M |
| 净利润 | $129.6M | $7.9M |
| 毛利率 | — | 31.7% |
| 营业利润率 | 29.3% | 5.6% |
| 净利率 | 32.3% | 2.0% |
| 营收同比 | 32.5% | 12.2% |
| 净利润同比 | 61.3% | 457.9% |
| 每股收益（稀释后） | $0.37 | $0.34 |
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AFRMSMP
| Q4 25 | $401.4M | $385.1M | ||
| Q3 25 | $320.5M | $498.8M | ||
| Q2 25 | $306.6M | $493.9M | ||
| Q1 25 | $272.5M | $413.4M | ||
| Q4 24 | $303.0M | $343.4M | ||
| Q3 24 | $231.8M | $399.3M | ||
| Q2 24 | $224.0M | $389.8M | ||
| Q1 24 | $195.0M | $331.4M |
净利润AFRMSMP
| Q4 25 | $129.6M | $7.9M | ||
| Q3 25 | $80.7M | $-4.3M | ||
| Q2 25 | $69.2M | $25.2M | ||
| Q1 25 | $2.8M | $12.6M | ||
| Q4 24 | $80.4M | $-2.2M | ||
| Q3 24 | $-100.2M | $3.8M | ||
| Q2 24 | $-45.1M | $17.1M | ||
| Q1 24 | $-133.9M | $8.8M |
毛利率AFRMSMP
| Q4 25 | — | 31.7% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 30.6% | ||
| Q1 25 | — | 30.2% | ||
| Q4 24 | — | 29.4% | ||
| Q3 24 | — | 30.4% | ||
| Q2 24 | — | 28.6% | ||
| Q1 24 | — | 27.0% |
营业利润率AFRMSMP
| Q4 25 | 29.3% | 5.6% | ||
| Q3 25 | 19.9% | 9.5% | ||
| Q2 25 | 18.9% | 8.7% | ||
| Q1 25 | -3.1% | 5.9% | ||
| Q4 24 | -1.4% | 1.1% | ||
| Q3 24 | -57.2% | 9.3% | ||
| Q2 24 | -32.8% | 6.4% | ||
| Q1 24 | -82.5% | 4.4% |
净利率AFRMSMP
| Q4 25 | 32.3% | 2.0% | ||
| Q3 25 | 25.2% | -0.9% | ||
| Q2 25 | 22.6% | 5.1% | ||
| Q1 25 | 1.0% | 3.0% | ||
| Q4 24 | 26.5% | -0.6% | ||
| Q3 24 | -43.2% | 1.0% | ||
| Q2 24 | -20.2% | 4.4% | ||
| Q1 24 | -68.7% | 2.7% |
每股收益（稀释后）AFRMSMP
| Q4 25 | $0.37 | $0.34 | ||
| Q3 25 | $0.23 | $-0.19 | ||
| Q2 25 | $0.22 | $1.13 | ||
| Q1 25 | $0.01 | $0.56 | ||
| Q4 24 | $0.23 | $-0.09 | ||
| Q3 24 | $-0.31 | $0.17 | ||
| Q2 24 | $-0.13 | $0.77 | ||
| Q1 24 | $-0.43 | $0.39 |
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 | — |
| 总债务越低越好 | $9.0B | $618.7M |
| 股东权益账面价值 | $3.5B | $683.7M |
| 总资产 | $13.0B | $2.0B |
| 负债/权益比越低杠杆越低 | 2.54× | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资AFRMSMP
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | $87.2M | ||
| Q2 25 | $1.4B | $58.8M | ||
| Q1 25 | $1.4B | $50.3M | ||
| Q4 24 | $1.2B | $44.4M | ||
| Q3 24 | $1.0B | $26.3M | ||
| Q2 24 | $1.0B | $26.2M | ||
| Q1 24 | $1.3B | $27.1M |
总债务AFRMSMP
| Q4 25 | $9.0B | $618.7M | ||
| Q3 25 | $7.7B | $589.5M | ||
| Q2 25 | $7.6B | $636.6M | ||
| Q1 25 | $7.1B | $650.6M | ||
| Q4 24 | $7.3B | $562.3M | ||
| Q3 24 | — | $142.8M | ||
| Q2 24 | $1.8B | $208.2M | ||
| Q1 24 | — | $214.9M |
股东权益AFRMSMP
| Q4 25 | $3.5B | $683.7M | ||
| Q3 25 | $3.3B | $677.4M | ||
| Q2 25 | $3.1B | $688.6M | ||
| Q1 25 | $2.9B | $638.0M | ||
| Q4 24 | $2.8B | $615.7M | ||
| Q3 24 | $2.8B | $638.8M | ||
| Q2 24 | $2.7B | $640.0M | ||
| Q1 24 | $2.6B | $639.1M |
总资产AFRMSMP
| Q4 25 | $13.0B | $2.0B | ||
| 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 | $1.4B | ||
| Q2 24 | $9.5B | $1.4B | ||
| Q1 24 | $9.2B | $1.4B |
负债/权益比AFRMSMP
| Q4 25 | 2.54× | 0.90× | ||
| Q3 25 | 2.35× | 0.87× | ||
| Q2 25 | 2.48× | 0.92× | ||
| Q1 25 | 2.49× | 1.02× | ||
| Q4 24 | 2.62× | 0.91× | ||
| Q3 24 | — | 0.22× | ||
| Q2 24 | 0.67× | 0.33× | ||
| Q1 24 | — | 0.34× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | $118.0M | $-37.6M |
| 自由现金流率自由现金流/营收 | 29.4% | -9.8% |
| 资本支出强度资本支出/营收 | 13.9% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.34× | -3.59× |
| 过去12个月自由现金流最近4个季度 | $619.1M | $18.7M |
8季度趋势，按日历期对齐
经营现金流AFRMSMP
| Q4 25 | $173.7M | $-28.2M | ||
| Q3 25 | $374.6M | $91.6M | ||
| Q2 25 | $74.6M | $54.3M | ||
| Q1 25 | $210.4M | $-60.2M | ||
| Q4 24 | $312.0M | $-1.5M | ||
| Q3 24 | $196.9M | $88.3M | ||
| Q2 24 | $68.8M | $35.6M | ||
| Q1 24 | $208.2M | $-45.7M |
自由现金流AFRMSMP
| Q4 25 | $118.0M | $-37.6M | ||
| Q3 25 | $320.2M | $81.5M | ||
| Q2 25 | $23.5M | $44.2M | ||
| Q1 25 | $157.4M | $-69.4M | ||
| Q4 24 | $268.1M | $-11.4M | ||
| Q3 24 | $152.7M | $77.1M | ||
| Q2 24 | $30.5M | $22.7M | ||
| Q1 24 | $161.7M | $-55.8M |
自由现金流率AFRMSMP
| Q4 25 | 29.4% | -9.8% | ||
| Q3 25 | 99.9% | 16.3% | ||
| Q2 25 | 7.7% | 8.9% | ||
| Q1 25 | 57.7% | -16.8% | ||
| Q4 24 | 88.5% | -3.3% | ||
| Q3 24 | 65.9% | 19.3% | ||
| Q2 24 | 13.6% | 5.8% | ||
| Q1 24 | 82.9% | -16.8% |
资本支出强度AFRMSMP
| Q4 25 | 13.9% | 2.4% | ||
| Q3 25 | 17.0% | 2.0% | ||
| Q2 25 | 16.7% | 2.1% | ||
| Q1 25 | 19.5% | 2.2% | ||
| Q4 24 | 14.5% | 2.9% | ||
| Q3 24 | 19.0% | 2.8% | ||
| Q2 24 | 17.1% | 3.3% | ||
| Q1 24 | 23.8% | 3.0% |
现金转化率AFRMSMP
| Q4 25 | 1.34× | -3.59× | ||
| Q3 25 | 4.64× | — | ||
| Q2 25 | 1.08× | 2.15× | ||
| Q1 25 | 75.03× | -4.79× | ||
| Q4 24 | 3.88× | — | ||
| Q3 24 | — | 23.19× | ||
| Q2 24 | — | 2.09× | ||
| Q1 24 | — | -5.18× |
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% |
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
