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亚马逊（AMZN）与QXO, Inc.（QXO）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QXO, Inc.的97.3倍（$213.4B vs $2.2B）。亚马逊净利率更高（9.9% vs -4.1%，领先14.0%）。QXO, Inc.同比增速更快（14782.6% vs 13.6%）。过去两年QXO, Inc.的营收复合增速更高（1132.8% vs 22.0%）
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。
QXO Inc.是一家活跃于相关商业领域的企业，由美国资深商界人士布拉德·雅各布斯担任公司董事长兼首席执行官，全面主导公司的战略规划、业务布局与日常经营决策事务。
AMZN vs QXO — 直观对比
营收规模更大
AMZN
是对方的97.3倍
$2.2B
营收增速更快
QXO
高出14769.0%
13.6%
净利率更高
AMZN
高出14.0%
-4.1%
两年增速更快
QXO
近两年复合增速
22.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $2.2B |
| 净利润 | $21.2B | $-90.3M |
| 毛利率 | 48.5% | — |
| 营业利润率 | 11.7% | -3.2% |
| 净利率 | 9.9% | -4.1% |
| 营收同比 | 13.6% | 14782.6% |
| 净利润同比 | 5.9% | -899.4% |
| 每股收益（稀释后） | $1.95 | $-0.21 |
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AMZNQXO
| Q4 25 | $213.4B | $2.2B | ||
| Q3 25 | $180.2B | $2.7B | ||
| Q2 25 | $167.7B | $1.9B | ||
| Q1 25 | $155.7B | $13.5M | ||
| Q4 24 | $187.8B | $14.7M | ||
| Q3 24 | $158.9B | $13.2M | ||
| Q2 24 | $148.0B | $14.5M | ||
| Q1 24 | $143.3B | $14.4M |
净利润AMZNQXO
| Q4 25 | $21.2B | $-90.3M | ||
| Q3 25 | $21.2B | $-139.4M | ||
| Q2 25 | $18.2B | $-58.5M | ||
| Q1 25 | $17.1B | $8.8M | ||
| Q4 24 | $20.0B | $11.3M | ||
| Q3 24 | $15.3B | $17.1M | ||
| Q2 24 | $13.5B | $-591.0K | ||
| Q1 24 | $10.4B | $138.1K |
毛利率AMZNQXO
| Q4 25 | 48.5% | — | ||
| Q3 25 | 50.8% | 23.3% | ||
| Q2 25 | 51.8% | 21.1% | ||
| Q1 25 | 50.6% | 39.9% | ||
| Q4 24 | 47.3% | 41.7% | ||
| Q3 24 | 49.0% | 41.8% | ||
| Q2 24 | 50.1% | 39.9% | ||
| Q1 24 | 49.3% | 39.2% |
营业利润率AMZNQXO
| Q4 25 | 11.7% | -3.2% | ||
| Q3 25 | 9.7% | 0.9% | ||
| Q2 25 | 11.4% | -8.5% | ||
| Q1 25 | 11.8% | -290.8% | ||
| Q4 24 | 11.3% | -224.5% | ||
| Q3 24 | 11.0% | -257.1% | ||
| Q2 24 | 9.9% | -29.6% | ||
| Q1 24 | 10.7% | 1.6% |
净利率AMZNQXO
| Q4 25 | 9.9% | -4.1% | ||
| Q3 25 | 11.8% | -5.1% | ||
| Q2 25 | 10.8% | -3.1% | ||
| Q1 25 | 11.0% | 64.8% | ||
| Q4 24 | 10.7% | 76.6% | ||
| Q3 24 | 9.6% | 130.2% | ||
| Q2 24 | 9.1% | -4.1% | ||
| Q1 24 | 7.3% | 1.0% |
每股收益（稀释后）AMZNQXO
| Q4 25 | $1.95 | $-0.21 | ||
| Q3 25 | $1.95 | $-0.24 | ||
| Q2 25 | $1.68 | $-0.15 | ||
| Q1 25 | $1.59 | $-0.03 | ||
| Q4 24 | $1.86 | $9.62 | ||
| Q3 24 | $1.43 | $-0.01 | ||
| Q2 24 | $1.26 | $-9.93 | ||
| Q1 24 | $0.98 | $0.21 |
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 | $2.4B |
| 总债务越低越好 | $68.8B | $3.1B |
| 股东权益账面价值 | $411.1B | $9.7B |
| 总资产 | $818.0B | $15.9B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资AMZNQXO
| Q4 25 | $123.0B | $2.4B | ||
| Q3 25 | $94.2B | $2.3B | ||
| Q2 25 | $93.2B | $2.3B | ||
| Q1 25 | $94.6B | $5.1B | ||
| Q4 24 | $101.2B | $5.1B | ||
| Q3 24 | $88.1B | $5.0B | ||
| Q2 24 | $89.1B | $971.3M | ||
| Q1 24 | $85.1B | $6.3M |
总债务AMZNQXO
| Q4 25 | $68.8B | $3.1B | ||
| Q3 25 | $55.1B | $3.1B | ||
| Q2 25 | $56.1B | $3.1B | ||
| Q1 25 | $58.8B | — | ||
| Q4 24 | $58.0B | $0 | ||
| Q3 24 | $60.5B | — | ||
| Q2 24 | $62.7B | $1.5M | ||
| Q1 24 | $66.9B | $1.6M |
股东权益AMZNQXO
| Q4 25 | $411.1B | $9.7B | ||
| Q3 25 | $369.6B | $9.8B | ||
| Q2 25 | $333.8B | $9.9B | ||
| Q1 25 | $305.9B | $5.1B | ||
| Q4 24 | $286.0B | $5.1B | ||
| Q3 24 | $259.2B | $5.0B | ||
| Q2 24 | $236.4B | $971.2M | ||
| Q1 24 | $216.7B | $7.6M |
总资产AMZNQXO
| Q4 25 | $818.0B | $15.9B | ||
| Q3 25 | $727.9B | $16.6B | ||
| Q2 25 | $682.2B | $17.1B | ||
| Q1 25 | $643.3B | $5.1B | ||
| Q4 24 | $624.9B | $5.1B | ||
| Q3 24 | $584.6B | $5.1B | ||
| Q2 24 | $554.8B | $988.2M | ||
| Q1 24 | $531.0B | $20.9M |
负债/权益比AMZNQXO
| Q4 25 | 0.17× | 0.31× | ||
| Q3 25 | 0.15× | 0.31× | ||
| Q2 25 | 0.17× | 0.31× | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | 0.20× | 0.00× | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.27× | 0.00× | ||
| Q1 24 | 0.31× | 0.21× |
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 | $186.6M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | — |
| 自由现金流率自由现金流/营收 | 7.0% | — |
| 资本支出强度资本支出/营收 | 18.5% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AMZNQXO
| Q4 25 | $54.5B | $186.6M | ||
| Q3 25 | $35.5B | $212.5M | ||
| Q2 25 | $32.5B | $-174.2M | ||
| Q1 25 | $17.0B | $36.5M | ||
| Q4 24 | $45.6B | $54.0M | ||
| Q3 24 | $26.0B | $31.6M | ||
| Q2 24 | $25.3B | $-1.0M | ||
| Q1 24 | $19.0B | $365.5K |
自由现金流AMZNQXO
| Q4 25 | $14.9B | — | ||
| Q3 25 | $430.0M | $182.4M | ||
| Q2 25 | $332.0M | — | ||
| Q1 25 | $-8.0B | $36.4M | ||
| Q4 24 | $17.8B | $53.9M | ||
| Q3 24 | $3.4B | $31.6M | ||
| Q2 24 | $7.7B | $-1.0M | ||
| Q1 24 | $4.1B | $305.0K |
自由现金流率AMZNQXO
| Q4 25 | 7.0% | — | ||
| Q3 25 | 0.2% | 6.7% | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | -5.1% | 269.2% | ||
| Q4 24 | 9.5% | 365.8% | ||
| Q3 24 | 2.1% | 240.2% | ||
| Q2 24 | 5.2% | -7.2% | ||
| Q1 24 | 2.8% | 2.1% |
资本支出强度AMZNQXO
| Q4 25 | 18.5% | — | ||
| Q3 25 | 19.5% | 1.1% | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | 16.1% | 1.1% | ||
| Q4 24 | 14.8% | 0.3% | ||
| Q3 24 | 14.2% | 0.0% | ||
| Q2 24 | 11.9% | 0.0% | ||
| Q1 24 | 10.4% | 0.4% |
现金转化率AMZNQXO
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.68× | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 0.99× | 4.17× | ||
| Q4 24 | 2.28× | 4.78× | ||
| Q3 24 | 1.69× | 1.84× | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 1.82× | 2.65× |
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% |
QXO
暂无分部数据
