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Amentum Holdings, Inc.（AMTM）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Amentum Holdings, Inc.的季度营收约是Snap Inc的1.9倍（$3.2B vs $1.7B），Snap Inc净利率更高（2.6% vs 1.4%，领先1.3%），Snap Inc同比增速更快（10.2% vs -5.2%），Snap Inc自由现金流更多（$205.6M vs $-142.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs 19.9%）
本公司是总部位于美国达拉斯的跨国技术专业服务企业，面向全球企业、机构及政府部门客户提供工程、技术、建设服务以及科学与专项咨询服务，连续6年蝉联《工程新闻纪录》（ENR）全球顶尖设计企业500强榜首。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
AMTM vs SNAP — 直观对比
营收规模更大
AMTM
是对方的1.9倍
$1.7B
营收增速更快
SNAP
高出15.5%
-5.2%
净利率更高
SNAP
高出1.3%
1.4%
自由现金流更多
SNAP
多$347.6M
$-142.0M
两年增速更快
AMTM
近两年复合增速
19.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $1.7B |
| 净利润 | $44.0M | $45.2M |
| 毛利率 | 10.1% | 59.1% |
| 营业利润率 | 4.3% | 2.9% |
| 净利率 | 1.4% | 2.6% |
| 营收同比 | -5.2% | 10.2% |
| 净利润同比 | 266.7% | 396.7% |
| 每股收益（稀释后） | $0.18 | $0.03 |
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AMTMSNAP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $1.7B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $3.6B | $1.3B | ||
| Q1 25 | $3.5B | $1.4B | ||
| Q4 24 | $3.4B | $1.6B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $2.1B | $1.2B |
净利润AMTMSNAP
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $45.2M | ||
| Q3 25 | — | $-103.5M | ||
| Q2 25 | $10.0M | $-262.6M | ||
| Q1 25 | $4.0M | $-139.6M | ||
| Q4 24 | $12.0M | $9.1M | ||
| Q3 24 | $26.0M | $-153.2M | ||
| Q2 24 | $-26.0M | $-248.6M |
毛利率AMTMSNAP
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | 10.3% | 51.4% | ||
| Q1 25 | 10.5% | 53.1% | ||
| Q4 24 | 10.6% | 56.9% | ||
| Q3 24 | 9.0% | 53.5% | ||
| Q2 24 | 9.6% | 52.4% |
营业利润率AMTMSNAP
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | 2.9% | ||
| Q3 25 | — | -8.5% | ||
| Q2 25 | 2.9% | -19.3% | ||
| Q1 25 | 3.2% | -14.2% | ||
| Q4 24 | 3.9% | -1.7% | ||
| Q3 24 | 1.2% | -12.6% | ||
| Q2 24 | 4.2% | -20.5% |
净利率AMTMSNAP
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | 2.6% | ||
| Q3 25 | — | -6.9% | ||
| Q2 25 | 0.3% | -19.5% | ||
| Q1 25 | 0.1% | -10.2% | ||
| Q4 24 | 0.4% | 0.6% | ||
| Q3 24 | 1.2% | -11.2% | ||
| Q2 24 | -1.2% | -20.1% |
每股收益（稀释后）AMTMSNAP
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | $0.03 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | $0.04 | $-0.16 | ||
| Q1 25 | $0.02 | $-0.08 | ||
| Q4 24 | $0.05 | $0.01 | ||
| Q3 24 | $0.31 | $-0.09 | ||
| Q2 24 | $-0.29 | $-0.15 |
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 | $247.0M | $2.9B |
| 总债务越低越好 | $3.9B | $3.5B |
| 股东权益账面价值 | $4.6B | $2.3B |
| 总资产 | $11.2B | $7.7B |
| 负债/权益比越低杠杆越低 | 0.86× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资AMTMSNAP
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | $2.9B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | $738.0M | $2.9B | ||
| Q1 25 | $546.0M | $3.2B | ||
| Q4 24 | $522.0M | $3.4B | ||
| Q3 24 | $452.0M | $3.2B | ||
| Q2 24 | — | $3.1B |
总债务AMTMSNAP
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | $4.5B | $3.6B | ||
| Q1 25 | $4.7B | $3.6B | ||
| Q4 24 | $4.7B | $3.6B | ||
| Q3 24 | $4.7B | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益AMTMSNAP
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | $4.5B | $2.1B | ||
| Q1 25 | $4.4B | $2.3B | ||
| Q4 24 | $4.5B | $2.5B | ||
| Q3 24 | $4.5B | $2.2B | ||
| Q2 24 | $303.0M | $2.1B |
总资产AMTMSNAP
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $7.7B | ||
| Q3 25 | — | $7.6B | ||
| Q2 25 | $11.8B | $7.4B | ||
| Q1 25 | $12.0B | $7.6B | ||
| Q4 24 | $11.9B | $7.9B | ||
| Q3 24 | $12.0B | $7.6B | ||
| Q2 24 | — | $7.4B |
负债/权益比AMTMSNAP
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.88× | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | 1.01× | 1.73× | ||
| Q1 25 | 1.06× | 1.56× | ||
| Q4 24 | 1.05× | 1.49× | ||
| Q3 24 | 1.05× | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | $-136.0M | $269.6M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $205.6M |
| 自由现金流率自由现金流/营收 | -4.4% | 12.0% |
| 资本支出强度资本支出/营收 | 0.2% | 3.7% |
| 现金转化率经营现金流/净利润 | -3.09× | 5.96× |
| 过去12个月自由现金流最近4个季度 | $272.0M | $437.2M |
8季度趋势，按日历期对齐
经营现金流AMTMSNAP
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $269.6M | ||
| Q3 25 | — | $146.5M | ||
| Q2 25 | $106.0M | $88.5M | ||
| Q1 25 | $57.0M | $151.6M | ||
| Q4 24 | $110.0M | $230.6M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $-21.4M |
自由现金流AMTMSNAP
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $205.6M | ||
| Q3 25 | — | $93.4M | ||
| Q2 25 | $100.0M | $23.8M | ||
| Q1 25 | $53.0M | $114.4M | ||
| Q4 24 | $102.0M | $182.4M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $-73.4M |
自由现金流率AMTMSNAP
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | 12.0% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | 2.8% | 1.8% | ||
| Q1 25 | 1.5% | 8.4% | ||
| Q4 24 | 3.0% | 11.7% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | -5.9% |
资本支出强度AMTMSNAP
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 3.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | 0.2% | 4.8% | ||
| Q1 25 | 0.1% | 2.7% | ||
| Q4 24 | 0.2% | 3.1% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.2% |
现金转化率AMTMSNAP
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | 5.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.60× | — | ||
| Q1 25 | 14.25× | — | ||
| Q4 24 | 9.17× | 25.34× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
AMTM
| Global Engineering Solutions Segment | $1.9B | 59% |
| Other U.S.Government Agencies | $400.0M | 12% |
| Fixed Price Contract | $380.0M | 12% |
| Commercial And International | $226.0M | 7% |
| Time And Materials Contract | $171.0M | 5% |
| Sales Channel Through Intermediary | $78.0M | 2% |
| Equity Method Investee | $50.0M | 2% |
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
