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Amplitude, Inc.（AMPL）与System1, Inc.（SST）财务数据对比。点击上方公司名可切换其他公司
Amplitude, Inc.的季度营收约是System1, Inc.的1.8倍（$91.4M vs $51.9M），Amplitude, Inc.净利率更高（-19.3% vs -26.0%，领先6.6%），Amplitude, Inc.同比增速更快（17.0% vs -31.3%），过去两年Amplitude, Inc.的营收复合增速更高（12.2% vs -21.8%）
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。
System1是一家美国互联网广告企业，成立于2013年，前身为OpenMail，总部位于加利福尼亚州玛丽娜德尔雷。该公司主打获客响应营销平台业务，将隐私保护作为核心经营重点之一，但也曾因对Startpage.com等主打隐私的平台的影响受到批评。
AMPL vs SST — 直观对比
营收规模更大
AMPL
是对方的1.8倍
$51.9M
营收增速更快
AMPL
高出48.3%
-31.3%
净利率更高
AMPL
高出6.6%
-26.0%
两年增速更快
AMPL
近两年复合增速
-21.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $91.4M | $51.9M |
| 净利润 | $-17.7M | $-13.5M |
| 毛利率 | 74.6% | 41.0% |
| 营业利润率 | -18.3% | -33.6% |
| 净利率 | -19.3% | -26.0% |
| 营收同比 | 17.0% | -31.3% |
| 净利润同比 | 45.8% | 4.8% |
| 每股收益（稀释后） | $-0.13 | $-3.58 |
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AMPLSST
| Q4 25 | $91.4M | $51.9M | ||
| Q3 25 | $88.6M | $61.6M | ||
| Q2 25 | $83.3M | $78.1M | ||
| Q1 25 | $80.0M | $74.5M | ||
| Q4 24 | $78.1M | $75.6M | ||
| Q3 24 | $75.2M | $88.8M | ||
| Q2 24 | $73.3M | $94.6M | ||
| Q1 24 | $72.6M | $84.9M |
净利润AMPLSST
| Q4 25 | $-17.7M | $-13.5M | ||
| Q3 25 | $-24.0M | $-18.5M | ||
| Q2 25 | $-24.7M | $-17.5M | ||
| Q1 25 | $-22.2M | $-15.9M | ||
| Q4 24 | $-32.6M | $-14.2M | ||
| Q3 24 | $-16.9M | $-23.6M | ||
| Q2 24 | $-23.4M | $-26.4M | ||
| Q1 24 | $-21.5M | $-10.5M |
毛利率AMPLSST
| Q4 25 | 74.6% | 41.0% | ||
| Q3 25 | 73.9% | 36.9% | ||
| Q2 25 | 72.6% | 35.7% | ||
| Q1 25 | 74.7% | 38.2% | ||
| Q4 24 | 74.7% | 42.1% | ||
| Q3 24 | 75.1% | 28.0% | ||
| Q2 24 | 73.4% | 27.6% | ||
| Q1 24 | 74.0% | 21.9% |
营业利润率AMPLSST
| Q4 25 | -18.3% | -33.6% | ||
| Q3 25 | -26.0% | -25.3% | ||
| Q2 25 | -29.0% | -20.4% | ||
| Q1 25 | -26.8% | -17.6% | ||
| Q4 24 | -41.2% | -15.7% | ||
| Q3 24 | -21.4% | -24.6% | ||
| Q2 24 | -31.7% | -30.8% | ||
| Q1 24 | -29.0% | -30.4% |
净利率AMPLSST
| Q4 25 | -19.3% | -26.0% | ||
| Q3 25 | -27.1% | -30.1% | ||
| Q2 25 | -29.6% | -22.4% | ||
| Q1 25 | -27.8% | -21.3% | ||
| Q4 24 | -41.7% | -18.7% | ||
| Q3 24 | -22.4% | -26.6% | ||
| Q2 24 | -31.9% | -27.9% | ||
| Q1 24 | -29.5% | -12.4% |
每股收益（稀释后）AMPLSST
| Q4 25 | $-0.13 | $-3.58 | ||
| Q3 25 | $-0.18 | $-2.30 | ||
| Q2 25 | $-0.19 | $-2.23 | ||
| Q1 25 | $-0.17 | $-0.21 | ||
| Q4 24 | $-0.25 | $-3.41 | ||
| Q3 24 | $-0.14 | $-3.37 | ||
| Q2 24 | $-0.19 | $-3.80 | ||
| Q1 24 | $-0.18 | $-0.16 |
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 | $86.9M |
| 总债务越低越好 | — | $305.1M |
| 股东权益账面价值 | $245.3M | $30.5M |
| 总资产 | $420.7M | $405.0M |
| 负债/权益比越低杠杆越低 | — | 10.01× |
8季度趋势，按日历期对齐
现金及短期投资AMPLSST
| Q4 25 | $192.0M | $86.9M | ||
| Q3 25 | $189.2M | $54.6M | ||
| Q2 25 | $208.1M | $63.6M | ||
| Q1 25 | $209.0M | $43.9M | ||
| Q4 24 | $241.1M | $63.6M | ||
| Q3 24 | $319.9M | $69.1M | ||
| Q2 24 | $318.3M | $75.7M | ||
| Q1 24 | $316.1M | $69.9M |
总债务AMPLSST
| Q4 25 | — | $305.1M | ||
| Q3 25 | — | $259.2M | ||
| Q2 25 | — | $263.3M | ||
| Q1 25 | — | $267.4M | ||
| Q4 24 | — | $255.1M | ||
| Q3 24 | — | $259.2M | ||
| Q2 24 | — | $263.3M | ||
| Q1 24 | — | $268.6M |
股东权益AMPLSST
| Q4 25 | $245.3M | $30.5M | ||
| Q3 25 | $262.2M | $42.7M | ||
| Q2 25 | $279.5M | $58.2M | ||
| Q1 25 | $289.5M | $67.2M | ||
| Q4 24 | $296.6M | $80.3M | ||
| Q3 24 | $290.0M | $90.3M | ||
| Q2 24 | $287.3M | $109.4M | ||
| Q1 24 | $289.2M | $131.7M |
总资产AMPLSST
| Q4 25 | $420.7M | $405.0M | ||
| Q3 25 | $438.1M | $385.2M | ||
| Q2 25 | $456.6M | $429.2M | ||
| Q1 25 | $445.8M | $419.2M | ||
| Q4 24 | $445.9M | $459.1M | ||
| Q3 24 | $445.6M | $479.3M | ||
| Q2 24 | $445.4M | $511.3M | ||
| Q1 24 | $437.9M | $521.1M |
负债/权益比AMPLSST
| Q4 25 | — | 10.01× | ||
| Q3 25 | — | 6.07× | ||
| Q2 25 | — | 4.53× | ||
| Q1 25 | — | 3.98× | ||
| Q4 24 | — | 3.18× | ||
| Q3 24 | — | 2.87× | ||
| Q2 24 | — | 2.41× | ||
| Q1 24 | — | 2.04× |
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 | $-10.6M |
| 自由现金流经营现金流 - 资本支出 | $12.7M | — |
| 自由现金流率自由现金流/营收 | 13.8% | — |
| 资本支出强度资本支出/营收 | 0.2% | 0.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $28.2M | — |
8季度趋势，按日历期对齐
经营现金流AMPLSST
| Q4 25 | $12.8M | $-10.6M | ||
| Q3 25 | $5.0M | $-2.1M | ||
| Q2 25 | $20.1M | $24.5M | ||
| Q1 25 | $-8.0M | $-15.9M | ||
| Q4 24 | $3.2M | $772.0K | ||
| Q3 24 | $6.2M | $-5.0K | ||
| Q2 24 | $9.2M | $10.0M | ||
| Q1 24 | $-48.0K | $-16.0M |
自由现金流AMPLSST
| Q4 25 | $12.7M | — | ||
| Q3 25 | $4.5M | — | ||
| Q2 25 | $19.5M | — | ||
| Q1 25 | $-8.5M | $-16.0M | ||
| Q4 24 | $2.4M | — | ||
| Q3 24 | $6.2M | $-36.0K | ||
| Q2 24 | $8.6M | — | ||
| Q1 24 | $-405.0K | — |
自由现金流率AMPLSST
| Q4 25 | 13.8% | — | ||
| Q3 25 | 5.1% | — | ||
| Q2 25 | 23.4% | — | ||
| Q1 25 | -10.6% | -21.5% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 8.2% | -0.0% | ||
| Q2 24 | 11.8% | — | ||
| Q1 24 | -0.6% | — |
资本支出强度AMPLSST
| Q4 25 | 0.2% | 0.0% | ||
| Q3 25 | 0.5% | 0.0% | ||
| Q2 25 | 0.6% | 0.0% | ||
| Q1 25 | 0.5% | 0.1% | ||
| Q4 24 | 1.0% | 0.0% | ||
| Q3 24 | 0.0% | 0.0% | ||
| Q2 24 | 0.8% | 0.0% | ||
| Q1 24 | 0.5% | 0.0% |
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% |
SST
暂无分部数据
