vs
American Well Corp（AMWL）与Eventbrite, Inc.（EB）财务数据对比。点击上方公司名可切换其他公司
Eventbrite, Inc.的季度营收约是American Well Corp的1.3倍（$73.5M vs $55.3M），Eventbrite, Inc.净利率更高（-11.1% vs -45.1%，领先34.0%），Eventbrite, Inc.同比增速更快（-3.9% vs -22.1%），American Well Corp自由现金流更多（$-17.4M vs $-60.9M），过去两年American Well Corp的营收复合增速更高（-3.6% vs -7.7%）
美国烟草公司由J.B.杜克于1890年整合多家美国烟草制造商合并创立，1896年成为道琼斯工业平均指数最初的12支成分股之一。该公司收购了好彩公司及超过200家竞争对手，一度垄断美国烟草行业。1907年美国联邦政府发起反垄断诉讼，最终将该公司分拆为多家企业。
Eventbrite是源自美国的线下活动服务平台，为用户提供活动浏览、创建与推广服务，支持主办方免费在平台发布不限规模、不限数量的各类活动，是全球范围内活跃度较高的活动交易与推广平台。
AMWL vs EB — 直观对比
营收规模更大
EB
是对方的1.3倍
$55.3M
营收增速更快
EB
高出18.2%
-22.1%
净利率更高
EB
高出34.0%
-45.1%
自由现金流更多
AMWL
多$43.5M
$-60.9M
两年增速更快
AMWL
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $55.3M | $73.5M |
| 净利润 | $-24.9M | $-8.2M |
| 毛利率 | — | 68.1% |
| 营业利润率 | -45.5% | -12.4% |
| 净利率 | -45.1% | -11.1% |
| 营收同比 | -22.1% | -3.9% |
| 净利润同比 | 41.6% | 2.5% |
| 每股收益（稀释后） | $-1.53 | $-0.08 |
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AMWLEB
| Q4 25 | $55.3M | $73.5M | ||
| Q3 25 | $56.3M | $71.7M | ||
| Q2 25 | $70.9M | $72.8M | ||
| Q1 25 | $66.8M | $73.8M | ||
| Q4 24 | $71.0M | $76.5M | ||
| Q3 24 | $61.0M | $77.8M | ||
| Q2 24 | $62.8M | $84.6M | ||
| Q1 24 | $59.5M | $86.3M |
净利润AMWLEB
| Q4 25 | $-24.9M | $-8.2M | ||
| Q3 25 | $-32.4M | $6.4M | ||
| Q2 25 | $-19.7M | $-2.1M | ||
| Q1 25 | $-18.7M | $-6.6M | ||
| Q4 24 | $-42.7M | $-8.4M | ||
| Q3 24 | $-43.5M | $-3.8M | ||
| Q2 24 | $-49.9M | $1.1M | ||
| Q1 24 | $-72.1M | $-4.5M |
毛利率AMWLEB
| Q4 25 | — | 68.1% | ||
| Q3 25 | — | 67.9% | ||
| Q2 25 | — | 67.5% | ||
| Q1 25 | — | 66.9% | ||
| Q4 24 | — | 68.2% | ||
| Q3 24 | — | 68.5% | ||
| Q2 24 | — | 70.9% | ||
| Q1 24 | — | 71.0% |
营业利润率AMWLEB
| Q4 25 | -45.5% | -12.4% | ||
| Q3 25 | -52.1% | -1.3% | ||
| Q2 25 | -28.7% | -8.7% | ||
| Q1 25 | -45.5% | -13.2% | ||
| Q4 24 | -60.2% | -10.2% | ||
| Q3 24 | -77.6% | -11.5% | ||
| Q2 24 | -83.4% | -7.6% | ||
| Q1 24 | -126.1% | -8.8% |
净利率AMWLEB
| Q4 25 | -45.1% | -11.1% | ||
| Q3 25 | -57.5% | 8.9% | ||
| Q2 25 | -27.8% | -2.9% | ||
| Q1 25 | -28.0% | -9.0% | ||
| Q4 24 | -60.1% | -11.0% | ||
| Q3 24 | -71.2% | -4.8% | ||
| Q2 24 | -79.5% | 1.3% | ||
| Q1 24 | -121.1% | -5.2% |
每股收益（稀释后）AMWLEB
| Q4 25 | $-1.53 | $-0.08 | ||
| Q3 25 | $-2.00 | $0.06 | ||
| Q2 25 | $-1.24 | $-0.02 | ||
| Q1 25 | $-1.19 | $-0.07 | ||
| Q4 24 | $-2.71 | $-0.09 | ||
| Q3 24 | $-2.87 | $-0.04 | ||
| Q2 24 | $-3.36 | $0.01 | ||
| Q1 24 | $-4.94 | $-0.05 |
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 | $182.3M | $299.9M |
| 总债务越低越好 | — | $144.4M |
| 股东权益账面价值 | $235.6M | $179.1M |
| 总资产 | $323.8M | $647.2M |
| 负债/权益比越低杠杆越低 | — | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资AMWLEB
| Q4 25 | $182.3M | $299.9M | ||
| Q3 25 | $200.9M | — | ||
| Q2 25 | $219.1M | — | ||
| Q1 25 | $222.4M | — | ||
| Q4 24 | $228.3M | $441.5M | ||
| Q3 24 | $244.6M | $24.7M | ||
| Q2 24 | $276.9M | $56.7M | ||
| Q1 24 | $308.6M | $113.7M |
总债务AMWLEB
| Q4 25 | — | $144.4M | ||
| Q3 25 | — | $174.9M | ||
| Q2 25 | — | $241.3M | ||
| Q1 25 | — | $241.0M | ||
| Q4 24 | — | $240.7M | ||
| Q3 24 | — | $240.4M | ||
| Q2 24 | — | $358.7M | ||
| Q1 24 | — | $358.2M |
股东权益AMWLEB
| Q4 25 | $235.6M | $179.1M | ||
| Q3 25 | $254.9M | $189.1M | ||
| Q2 25 | $282.6M | $177.2M | ||
| Q1 25 | $294.0M | $173.3M | ||
| Q4 24 | $304.8M | $170.2M | ||
| Q3 24 | $336.7M | $179.8M | ||
| Q2 24 | $363.9M | $176.2M | ||
| Q1 24 | $408.7M | $184.1M |
总资产AMWLEB
| Q4 25 | $323.8M | $647.2M | ||
| Q3 25 | $359.4M | $744.6M | ||
| Q2 25 | $388.7M | $784.1M | ||
| Q1 25 | $419.5M | $812.3M | ||
| Q4 24 | $436.0M | $752.3M | ||
| Q3 24 | $483.0M | $817.4M | ||
| Q2 24 | $507.8M | $894.5M | ||
| Q1 24 | $548.4M | $952.2M |
负债/权益比AMWLEB
| Q4 25 | — | 0.81× | ||
| Q3 25 | — | 0.92× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.39× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 2.04× | ||
| Q1 24 | — | 1.95× |
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 | $-17.4M | $-60.8M |
| 自由现金流经营现金流 - 资本支出 | $-17.4M | $-60.9M |
| 自由现金流率自由现金流/营收 | -31.4% | -82.8% |
| 资本支出强度资本支出/营收 | 0.0% | 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 | — | $17.6M |
8季度趋势，按日历期对齐
经营现金流AMWLEB
| Q4 25 | $-17.4M | $-60.8M | ||
| Q3 25 | $-18.8M | $36.7M | ||
| Q2 25 | $-4.7M | $-17.5M | ||
| Q1 25 | $-25.1M | $59.4M | ||
| Q4 24 | $-13.4M | $-45.3M | ||
| Q3 24 | $-32.4M | $44.6M | ||
| Q2 24 | $-21.8M | $-32.3M | ||
| Q1 24 | $-59.8M | $68.6M |
自由现金流AMWLEB
| Q4 25 | $-17.4M | $-60.9M | ||
| Q3 25 | — | $36.6M | ||
| Q2 25 | — | $-17.5M | ||
| Q1 25 | $-25.1M | $59.4M | ||
| Q4 24 | $-13.4M | $-45.3M | ||
| Q3 24 | $-32.4M | $44.4M | ||
| Q2 24 | $-21.8M | $-32.4M | ||
| Q1 24 | $-59.8M | $68.2M |
自由现金流率AMWLEB
| Q4 25 | -31.4% | -82.8% | ||
| Q3 25 | — | 51.1% | ||
| Q2 25 | — | -24.1% | ||
| Q1 25 | -37.6% | 80.4% | ||
| Q4 24 | -18.9% | -59.2% | ||
| Q3 24 | -53.0% | 57.1% | ||
| Q2 24 | -34.7% | -38.3% | ||
| Q1 24 | -100.5% | 79.1% |
资本支出强度AMWLEB
| Q4 25 | 0.0% | 0.0% | ||
| Q3 25 | 0.0% | 0.0% | ||
| Q2 25 | 0.0% | 0.0% | ||
| Q1 25 | 0.0% | 0.1% | ||
| Q4 24 | 0.0% | 0.0% | ||
| Q3 24 | 0.0% | 0.2% | ||
| Q2 24 | 0.0% | 0.1% | ||
| Q1 24 | 0.1% | 0.4% |
现金转化率AMWLEB
| Q4 25 | — | — | ||
| Q3 25 | — | 5.76× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -30.37× | ||
| Q1 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
AMWL
| Platform Subscription | $28.8M | 52% |
| Visits | $23.7M | 43% |
| Others | $2.8M | 5% |
EB
| US | $52.0M | 71% |
| Other | $21.6M | 29% |
