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Amplitude, Inc.（AMPL）与GCM Grosvenor Inc.（GCMG）财务数据对比。点击上方公司名可切换其他公司
GCM Grosvenor Inc.的季度营收约是Amplitude, Inc.的1.9倍（$177.1M vs $91.4M），GCM Grosvenor Inc.净利率更高（32.8% vs -19.3%，领先52.2%），Amplitude, Inc.同比增速更快（17.0% vs 7.2%），GCM Grosvenor Inc.自由现金流更多（$175.0M vs $12.7M），过去两年GCM Grosvenor Inc.的营收复合增速更高（27.5% vs 12.2%）
Amplitude是一家美国企业，专注于研发数字分析软件，能够帮助企业梳理用户行为数据、优化产品决策与数字化运营体验。该公司于2021年9月28日在纳斯达克交易所挂牌上市，股票代码为AMPL。
GCM Grosvenor是美国头部另类资产管理机构，截至2023年资产管理规模约760亿美元，拥有约530名专业人士，为全球机构及个人投资者提供定制化另类投资解决方案，覆盖私募股权、对冲基金、房地产、基础设施等多元资产类别。
AMPL vs GCMG — 直观对比
营收规模更大
GCMG
是对方的1.9倍
$91.4M
营收增速更快
AMPL
高出9.9%
7.2%
净利率更高
GCMG
高出52.2%
-19.3%
自由现金流更多
GCMG
多$162.4M
$12.7M
两年增速更快
GCMG
近两年复合增速
12.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $91.4M | $177.1M |
| 净利润 | $-17.7M | $58.2M |
| 毛利率 | 74.6% | — |
| 营业利润率 | -18.3% | 30.9% |
| 净利率 | -19.3% | 32.8% |
| 营收同比 | 17.0% | 7.2% |
| 净利润同比 | 45.8% | 149.2% |
| 每股收益（稀释后） | $-0.13 | $0.23 |
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AMPLGCMG
| Q4 25 | $91.4M | $177.1M | ||
| Q3 25 | $88.6M | $135.0M | ||
| Q2 25 | $83.3M | $119.7M | ||
| Q1 25 | $80.0M | $125.8M | ||
| Q4 24 | $78.1M | $165.3M | ||
| Q3 24 | $75.2M | $122.9M | ||
| Q2 24 | $73.3M | $117.0M | ||
| Q1 24 | $72.6M | $108.9M |
净利润AMPLGCMG
| Q4 25 | $-17.7M | $58.2M | ||
| Q3 25 | $-24.0M | $10.5M | ||
| Q2 25 | $-24.7M | $15.4M | ||
| Q1 25 | $-22.2M | $463.0K | ||
| Q4 24 | $-32.6M | $7.6M | ||
| Q3 24 | $-16.9M | $4.2M | ||
| Q2 24 | $-23.4M | $4.8M | ||
| Q1 24 | $-21.5M | $2.1M |
毛利率AMPLGCMG
| Q4 25 | 74.6% | — | ||
| Q3 25 | 73.9% | — | ||
| Q2 25 | 72.6% | — | ||
| Q1 25 | 74.7% | — | ||
| Q4 24 | 74.7% | — | ||
| Q3 24 | 75.1% | — | ||
| Q2 24 | 73.4% | — | ||
| Q1 24 | 74.0% | — |
营业利润率AMPLGCMG
| Q4 25 | -18.3% | 30.9% | ||
| Q3 25 | -26.0% | 32.7% | ||
| Q2 25 | -29.0% | 16.1% | ||
| Q1 25 | -26.8% | 12.2% | ||
| Q4 24 | -41.2% | 26.4% | ||
| Q3 24 | -21.4% | 20.3% | ||
| Q2 24 | -31.7% | 17.8% | ||
| Q1 24 | -29.0% | -14.7% |
净利率AMPLGCMG
| Q4 25 | -19.3% | 32.8% | ||
| Q3 25 | -27.1% | 7.8% | ||
| Q2 25 | -29.6% | 12.9% | ||
| Q1 25 | -27.8% | 0.4% | ||
| Q4 24 | -41.7% | 4.6% | ||
| Q3 24 | -22.4% | 3.4% | ||
| Q2 24 | -31.9% | 4.1% | ||
| Q1 24 | -29.5% | 2.0% |
每股收益（稀释后）AMPLGCMG
| Q4 25 | $-0.13 | $0.23 | ||
| Q3 25 | $-0.18 | $0.16 | ||
| Q2 25 | $-0.19 | $0.05 | ||
| Q1 25 | $-0.17 | $-0.02 | ||
| Q4 24 | $-0.25 | $0.09 | ||
| Q3 24 | $-0.14 | $0.03 | ||
| Q2 24 | $-0.19 | $0.04 | ||
| Q1 24 | $-0.18 | $-0.13 |
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 | $192.0M | $242.1M |
| 总债务越低越好 | — | $428.4M |
| 股东权益账面价值 | $245.3M | $27.0M |
| 总资产 | $420.7M | $813.8M |
| 负债/权益比越低杠杆越低 | — | 15.87× |
8季度趋势，按日历期对齐
现金及短期投资AMPLGCMG
| Q4 25 | $192.0M | $242.1M | ||
| Q3 25 | $189.2M | $182.7M | ||
| Q2 25 | $208.1M | $136.3M | ||
| Q1 25 | $209.0M | $94.5M | ||
| Q4 24 | $241.1M | $89.5M | ||
| Q3 24 | $319.9M | $98.4M | ||
| Q2 24 | $318.3M | $73.9M | ||
| Q1 24 | $316.1M | $41.9M |
总债务AMPLGCMG
| Q4 25 | — | $428.4M | ||
| Q3 25 | — | $429.3M | ||
| Q2 25 | — | $430.2M | ||
| Q1 25 | — | $431.1M | ||
| Q4 24 | — | $432.0M | ||
| Q3 24 | — | $432.9M | ||
| Q2 24 | — | $433.8M | ||
| Q1 24 | — | $384.0M |
股东权益AMPLGCMG
| Q4 25 | $245.3M | $27.0M | ||
| Q3 25 | $262.2M | $-7.4M | ||
| Q2 25 | $279.5M | $-12.3M | ||
| Q1 25 | $289.5M | $-28.3M | ||
| Q4 24 | $296.6M | $-27.6M | ||
| Q3 24 | $290.0M | $-31.9M | ||
| Q2 24 | $287.3M | $-28.5M | ||
| Q1 24 | $289.2M | $-26.4M |
总资产AMPLGCMG
| Q4 25 | $420.7M | $813.8M | ||
| Q3 25 | $438.1M | $685.9M | ||
| Q2 25 | $456.6M | $636.9M | ||
| Q1 25 | $445.8M | $579.8M | ||
| Q4 24 | $445.9M | $612.7M | ||
| Q3 24 | $445.6M | $575.0M | ||
| Q2 24 | $445.4M | $543.9M | ||
| Q1 24 | $437.9M | $497.3M |
负债/权益比AMPLGCMG
| Q4 25 | — | 15.87× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $12.8M | $183.5M |
| 自由现金流经营现金流 - 资本支出 | $12.7M | $175.0M |
| 自由现金流率自由现金流/营收 | 13.8% | 98.8% |
| 资本支出强度资本支出/营收 | 0.2% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 3.16× |
| 过去12个月自由现金流最近4个季度 | $28.2M | $326.2M |
8季度趋势，按日历期对齐
经营现金流AMPLGCMG
| Q4 25 | $12.8M | $183.5M | ||
| Q3 25 | $5.0M | $79.8M | ||
| Q2 25 | $20.1M | $42.0M | ||
| Q1 25 | $-8.0M | $33.3M | ||
| Q4 24 | $3.2M | $148.8M | ||
| Q3 24 | $6.2M | $69.0M | ||
| Q2 24 | $9.2M | $17.5M | ||
| Q1 24 | $-48.0K | $24.2M |
自由现金流AMPLGCMG
| Q4 25 | $12.7M | $175.0M | ||
| Q3 25 | $4.5M | $78.3M | ||
| Q2 25 | $19.5M | $40.8M | ||
| Q1 25 | $-8.5M | $32.1M | ||
| Q4 24 | $2.4M | $132.0M | ||
| Q3 24 | $6.2M | $62.2M | ||
| Q2 24 | $8.6M | $12.8M | ||
| Q1 24 | $-405.0K | $20.0M |
自由现金流率AMPLGCMG
| Q4 25 | 13.8% | 98.8% | ||
| Q3 25 | 5.1% | 58.0% | ||
| Q2 25 | 23.4% | 34.1% | ||
| Q1 25 | -10.6% | 25.5% | ||
| Q4 24 | 3.1% | 79.9% | ||
| Q3 24 | 8.2% | 50.6% | ||
| Q2 24 | 11.8% | 10.9% | ||
| Q1 24 | -0.6% | 18.4% |
资本支出强度AMPLGCMG
| Q4 25 | 0.2% | 4.8% | ||
| Q3 25 | 0.5% | 1.1% | ||
| Q2 25 | 0.6% | 1.0% | ||
| Q1 25 | 0.5% | 0.9% | ||
| Q4 24 | 1.0% | 10.1% | ||
| Q3 24 | 0.0% | 5.5% | ||
| Q2 24 | 0.8% | 4.0% | ||
| Q1 24 | 0.5% | 3.9% |
现金转化率AMPLGCMG
| Q4 25 | — | 3.16× | ||
| Q3 25 | — | 7.61× | ||
| Q2 25 | — | 2.72× | ||
| Q1 25 | — | 71.84× | ||
| Q4 24 | — | 19.54× | ||
| Q3 24 | — | 16.60× | ||
| Q2 24 | — | 3.64× | ||
| Q1 24 | — | 11.40× |
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
AMPL
| US | $55.8M | 61% |
| International | $35.7M | 39% |
GCMG
| Asset Management1 | $108.6M | 61% |
| Management Service Incentive Performance Fees | $61.7M | 35% |
| Management Service Incentive Carried Interest | $5.1M | 3% |
| Service Other | $1.8M | 1% |
