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亚马逊（AMZN）与化石集团（FOSL）财务数据对比。点击上方公司名可切换其他公司
亚马逊的季度营收约是化石集团的789.7倍（$213.4B vs $270.2M）。亚马逊净利率更高（9.9% vs -14.8%，领先24.7%）。亚马逊同比增速更快（13.6% vs -21.1%）。亚马逊自由现金流更多（$14.9B vs $-22.5M）。过去两年亚马逊的营收复合增速更高（22.0% vs -11.4%）
亚马逊是全球知名的综合电商与科技企业，业务覆盖北美及全球多个地区，设有北美零售、国际零售、亚马逊云科技（AWS）三大业务板块。除运营线上线下零售渠道、提供消费商品售卖与订阅服务外，也为第三方卖家提供销售平台，还自主研发销售Kindle、Fire平板等电子设备。
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
AMZN vs FOSL — 直观对比
营收规模更大
AMZN
是对方的789.7倍
$270.2M
营收增速更快
AMZN
高出34.7%
-21.1%
净利率更高
AMZN
高出24.7%
-14.8%
自由现金流更多
AMZN
多$15.0B
$-22.5M
两年增速更快
AMZN
近两年复合增速
-11.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $270.2M |
| 净利润 | $21.2B | $-40.0M |
| 毛利率 | 48.5% | 49.0% |
| 营业利润率 | 11.7% | -8.0% |
| 净利率 | 9.9% | -14.8% |
| 营收同比 | 13.6% | -21.1% |
| 净利润同比 | 5.9% | -257.8% |
| 每股收益（稀释后） | $1.95 | $-0.76 |
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AMZNFOSL
| Q4 25 | $213.4B | $270.2M | ||
| Q3 25 | $180.2B | $220.4M | ||
| Q2 25 | $167.7B | $233.3M | ||
| Q1 25 | $155.7B | — | ||
| Q4 24 | $187.8B | $342.3M | ||
| Q3 24 | $158.9B | $287.8M | ||
| Q2 24 | $148.0B | $260.0M | ||
| Q1 24 | $143.3B | $254.9M |
净利润AMZNFOSL
| Q4 25 | $21.2B | $-40.0M | ||
| Q3 25 | $21.2B | $-2.1M | ||
| Q2 25 | $18.2B | $-17.9M | ||
| Q1 25 | $17.1B | — | ||
| Q4 24 | $20.0B | $-11.2M | ||
| Q3 24 | $15.3B | $-31.9M | ||
| Q2 24 | $13.5B | $-38.8M | ||
| Q1 24 | $10.4B | $-24.3M |
毛利率AMZNFOSL
| Q4 25 | 48.5% | 49.0% | ||
| Q3 25 | 50.8% | 57.5% | ||
| Q2 25 | 51.8% | 61.3% | ||
| Q1 25 | 50.6% | — | ||
| Q4 24 | 47.3% | 53.9% | ||
| Q3 24 | 49.0% | 49.4% | ||
| Q2 24 | 50.1% | 52.6% | ||
| Q1 24 | 49.3% | 52.4% |
营业利润率AMZNFOSL
| Q4 25 | 11.7% | -8.0% | ||
| Q3 25 | 9.7% | 3.9% | ||
| Q2 25 | 11.4% | -2.9% | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 11.3% | -4.8% | ||
| Q3 24 | 11.0% | -8.5% | ||
| Q2 24 | 9.9% | -13.1% | ||
| Q1 24 | 10.7% | -11.5% |
净利率AMZNFOSL
| Q4 25 | 9.9% | -14.8% | ||
| Q3 25 | 11.8% | -1.0% | ||
| Q2 25 | 10.8% | -7.7% | ||
| Q1 25 | 11.0% | — | ||
| Q4 24 | 10.7% | -3.3% | ||
| Q3 24 | 9.6% | -11.1% | ||
| Q2 24 | 9.1% | -14.9% | ||
| Q1 24 | 7.3% | -9.5% |
每股收益（稀释后）AMZNFOSL
| Q4 25 | $1.95 | $-0.76 | ||
| Q3 25 | $1.95 | $-0.04 | ||
| Q2 25 | $1.68 | $-0.33 | ||
| Q1 25 | $1.59 | — | ||
| Q4 24 | $1.86 | $-0.15 | ||
| Q3 24 | $1.43 | $-0.60 | ||
| Q2 24 | $1.26 | $-0.73 | ||
| Q1 24 | $0.98 | $-0.46 |
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 | $123.0B | $79.2M |
| 总债务越低越好 | $68.8B | $169.1M |
| 股东权益账面价值 | $411.1B | $112.6M |
| 总资产 | $818.0B | $701.0M |
| 负债/权益比越低杠杆越低 | 0.17× | 1.50× |
8季度趋势，按日历期对齐
现金及短期投资AMZNFOSL
| Q4 25 | $123.0B | $79.2M | ||
| Q3 25 | $94.2B | $109.9M | ||
| Q2 25 | $93.2B | $78.3M | ||
| Q1 25 | $94.6B | — | ||
| Q4 24 | $101.2B | $123.6M | ||
| Q3 24 | $88.1B | $106.3M | ||
| Q2 24 | $89.1B | $104.9M | ||
| Q1 24 | $85.1B | $112.9M |
总债务AMZNFOSL
| Q4 25 | $68.8B | $169.1M | ||
| Q3 25 | $55.1B | $165.6M | ||
| Q2 25 | $56.1B | $167.2M | ||
| Q1 25 | $58.8B | — | ||
| Q4 24 | $58.0B | $162.7M | ||
| Q3 24 | $60.5B | $173.4M | ||
| Q2 24 | $62.7B | $156.5M | ||
| Q1 24 | $66.9B | $202.9M |
股东权益AMZNFOSL
| Q4 25 | $411.1B | $112.6M | ||
| Q3 25 | $369.6B | $150.3M | ||
| Q2 25 | $333.8B | $140.6M | ||
| Q1 25 | $305.9B | — | ||
| Q4 24 | $286.0B | $148.7M | ||
| Q3 24 | $259.2B | $164.4M | ||
| Q2 24 | $236.4B | $189.6M | ||
| Q1 24 | $216.7B | $229.1M |
总资产AMZNFOSL
| Q4 25 | $818.0B | $701.0M | ||
| Q3 25 | $727.9B | $704.5M | ||
| Q2 25 | $682.2B | $686.0M | ||
| Q1 25 | $643.3B | — | ||
| Q4 24 | $624.9B | $763.6M | ||
| Q3 24 | $584.6B | $812.4M | ||
| Q2 24 | $554.8B | $785.7M | ||
| Q1 24 | $531.0B | $891.0M |
负债/权益比AMZNFOSL
| Q4 25 | 0.17× | 1.50× | ||
| Q3 25 | 0.15× | 1.10× | ||
| Q2 25 | 0.17× | 1.19× | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | 0.20× | 1.09× | ||
| Q3 24 | 0.23× | 1.06× | ||
| Q2 24 | 0.27× | 0.83× | ||
| Q1 24 | 0.31× | 0.89× |
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 | $54.5B | $-22.2M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $-22.5M |
| 自由现金流率自由现金流/营收 | 7.0% | -8.3% |
| 资本支出强度资本支出/营收 | 18.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.57× | — |
| 过去12个月自由现金流最近4个季度 | $7.7B | $-46.0M |
8季度趋势，按日历期对齐
经营现金流AMZNFOSL
| Q4 25 | $54.5B | $-22.2M | ||
| Q3 25 | $35.5B | $9.4M | ||
| Q2 25 | $32.5B | $-60.4M | ||
| Q1 25 | $17.0B | — | ||
| Q4 24 | $45.6B | $30.5M | ||
| Q3 24 | $26.0B | $-22.8M | ||
| Q2 24 | $25.3B | $38.4M | ||
| Q1 24 | $19.0B | $622.0K |
自由现金流AMZNFOSL
| Q4 25 | $14.9B | $-22.5M | ||
| Q3 25 | $430.0M | $8.6M | ||
| Q2 25 | $332.0M | $-60.6M | ||
| Q1 25 | $-8.0B | — | ||
| Q4 24 | $17.8B | $28.5M | ||
| Q3 24 | $3.4B | $-24.1M | ||
| Q2 24 | $7.7B | $36.6M | ||
| Q1 24 | $4.1B | $-1.1M |
自由现金流率AMZNFOSL
| Q4 25 | 7.0% | -8.3% | ||
| Q3 25 | 0.2% | 3.9% | ||
| Q2 25 | 0.2% | -26.0% | ||
| Q1 25 | -5.1% | — | ||
| Q4 24 | 9.5% | 8.3% | ||
| Q3 24 | 2.1% | -8.4% | ||
| Q2 24 | 5.2% | 14.1% | ||
| Q1 24 | 2.8% | -0.4% |
资本支出强度AMZNFOSL
| Q4 25 | 18.5% | 0.1% | ||
| Q3 25 | 19.5% | 0.4% | ||
| Q2 25 | 19.2% | 0.1% | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | 14.8% | 0.6% | ||
| Q3 24 | 14.2% | 0.4% | ||
| Q2 24 | 11.9% | 0.7% | ||
| Q1 24 | 10.4% | 0.7% |
现金转化率AMZNFOSL
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.68× | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 1.82× | — |
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
AMZN
| Products | $90.0B | 42% |
| Third Party Seller Services | $52.8B | 25% |
| Other | $49.9B | 23% |
| Subscription Services | $13.1B | 6% |
| Physical Stores | $5.9B | 3% |
| Other Services | $1.7B | 1% |
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
