vs
亚马逊（AMZN）与Vera Bradley, Inc.（VRA）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Vera Bradley, Inc.的3427.7倍（$213.4B vs $62.3M）。亚马逊净利率更高（9.9% vs -19.9%，领先29.8%）。亚马逊同比增速更快（13.6% vs -22.7%）。亚马逊自由现金流更多（$14.9B vs $-4.5M）。过去两年亚马逊的营收复合增速更高（22.0% vs 16.1%）
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。
维拉·布拉德利是源自美国的箱包设计品牌，1982年由两位设计师创立，总部位于印第安纳州韦恩堡。品牌最初主打高档棉质包袋，如今产品已拓展至时尚配饰、家居用品、文具与印花礼品，多数产品以辨识度极高的花卉、佩兹利或几何印花搭配配套里料，风格鲜明。
AMZN vs VRA — 直观对比
营收规模更大
AMZN
是对方的3427.7倍
$62.3M
营收增速更快
AMZN
高出36.4%
-22.7%
净利率更高
AMZN
高出29.8%
-19.9%
自由现金流更多
AMZN
多$14.9B
$-4.5M
两年增速更快
AMZN
近两年复合增速
16.1%
损益表 — Q4 2025 vs Q4 2026
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $62.3M |
| 净利润 | $21.2B | $-12.4M |
| 毛利率 | 48.5% | 42.1% |
| 营业利润率 | 11.7% | -19.6% |
| 净利率 | 9.9% | -19.9% |
| 营收同比 | 13.6% | -22.7% |
| 净利润同比 | 5.9% | 3.4% |
| 每股收益（稀释后） | $1.95 | $-0.44 |
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AMZNVRA
| Q4 25 | $213.4B | $62.3M | ||
| Q3 25 | $180.2B | $70.9M | ||
| Q2 25 | $167.7B | $51.7M | ||
| Q1 25 | $155.7B | $100.0M | ||
| Q4 24 | $187.8B | $70.5M | ||
| Q3 24 | $158.9B | $94.0M | ||
| Q2 24 | $148.0B | $67.9M | ||
| Q1 24 | $143.3B | $46.2M |
净利润AMZNVRA
| Q4 25 | $21.2B | $-12.4M | ||
| Q3 25 | $21.2B | $-4.7M | ||
| Q2 25 | $18.2B | $-33.5M | ||
| Q1 25 | $17.1B | $-47.0M | ||
| Q4 24 | $20.0B | $-12.8M | ||
| Q3 24 | $15.3B | $5.7M | ||
| Q2 24 | $13.5B | $-8.1M | ||
| Q1 24 | $10.4B | $-1.9M |
毛利率AMZNVRA
| Q4 25 | 48.5% | 42.1% | ||
| Q3 25 | 50.8% | 50.1% | ||
| Q2 25 | 51.8% | 44.1% | ||
| Q1 25 | 50.6% | 45.0% | ||
| Q4 24 | 47.3% | 54.5% | ||
| Q3 24 | 49.0% | 49.7% | ||
| Q2 24 | 50.1% | 50.1% | ||
| Q1 24 | 49.3% | 37.2% |
营业利润率AMZNVRA
| Q4 25 | 11.7% | -19.6% | ||
| Q3 25 | 9.7% | -6.5% | ||
| Q2 25 | 11.4% | -34.6% | ||
| Q1 25 | 11.8% | -23.3% | ||
| Q4 24 | 11.3% | -11.6% | ||
| Q3 24 | 11.0% | 2.5% | ||
| Q2 24 | 9.9% | -15.6% | ||
| Q1 24 | 10.7% | -3.6% |
净利率AMZNVRA
| Q4 25 | 9.9% | -19.9% | ||
| Q3 25 | 11.8% | -6.6% | ||
| Q2 25 | 10.8% | -64.8% | ||
| Q1 25 | 11.0% | -47.0% | ||
| Q4 24 | 10.7% | -18.2% | ||
| Q3 24 | 9.6% | 6.1% | ||
| Q2 24 | 9.1% | -12.0% | ||
| Q1 24 | 7.3% | -4.0% |
每股收益（稀释后）AMZNVRA
| Q4 25 | $1.95 | $-0.44 | ||
| Q3 25 | $1.95 | $-0.17 | ||
| Q2 25 | $1.68 | $-1.20 | ||
| Q1 25 | $1.59 | $-1.62 | ||
| Q4 24 | $1.86 | $-0.46 | ||
| Q3 24 | $1.43 | $0.19 | ||
| Q2 24 | $1.26 | $-0.26 | ||
| Q1 24 | $0.98 | $-0.06 |
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 | $10.7M |
| 总债务越低越好 | $68.8B | $10.0M |
| 股东权益账面价值 | $411.1B | $128.1M |
| 总资产 | $818.0B | $243.7M |
| 负债/权益比越低杠杆越低 | 0.17× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资AMZNVRA
| Q4 25 | $123.0B | $10.7M | ||
| Q3 25 | $94.2B | $15.2M | ||
| Q2 25 | $93.2B | $11.3M | ||
| Q1 25 | $94.6B | $30.4M | ||
| Q4 24 | $101.2B | $13.7M | ||
| Q3 24 | $88.1B | $44.1M | ||
| Q2 24 | $89.1B | $55.2M | ||
| Q1 24 | $85.1B | $77.3M |
总债务AMZNVRA
| Q4 25 | $68.8B | $10.0M | ||
| Q3 25 | $55.1B | $10.0M | ||
| Q2 25 | $56.1B | — | ||
| Q1 25 | $58.8B | $0 | ||
| Q4 24 | $58.0B | — | ||
| Q3 24 | $60.5B | — | ||
| Q2 24 | $62.7B | — | ||
| Q1 24 | $66.9B | — |
股东权益AMZNVRA
| Q4 25 | $411.1B | $128.1M | ||
| Q3 25 | $369.6B | $140.5M | ||
| Q2 25 | $333.8B | $146.0M | ||
| Q1 25 | $305.9B | $179.0M | ||
| Q4 24 | $286.0B | $225.2M | ||
| Q3 24 | $259.2B | $242.5M | ||
| Q2 24 | $236.4B | $245.9M | ||
| Q1 24 | $216.7B | $259.9M |
总资产AMZNVRA
| Q4 25 | $818.0B | $243.7M | ||
| Q3 25 | $727.9B | $266.2M | ||
| Q2 25 | $682.2B | $267.9M | ||
| Q1 25 | $643.3B | $306.7M | ||
| Q4 24 | $624.9B | $359.0M | ||
| Q3 24 | $584.6B | $379.2M | ||
| Q2 24 | $554.8B | $368.7M | ||
| Q1 24 | $531.0B | $380.8M |
负债/权益比AMZNVRA
| Q4 25 | 0.17× | 0.08× | ||
| Q3 25 | 0.15× | 0.07× | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.19× | 0.00× | ||
| Q4 24 | 0.20× | — | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 0.31× | — |
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 | $-4.0M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $-4.5M |
| 自由现金流率自由现金流/营收 | 7.0% | -7.2% |
| 资本支出强度资本支出/营收 | 18.5% | 0.7% |
| 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 | $-13.0M |
8季度趋势，按日历期对齐
经营现金流AMZNVRA
| Q4 25 | $54.5B | $-4.0M | ||
| Q3 25 | $35.5B | $-5.4M | ||
| Q2 25 | $32.5B | $-17.9M | ||
| Q1 25 | $17.0B | $21.7M | ||
| Q4 24 | $45.6B | $-22.6M | ||
| Q3 24 | $26.0B | $1.4M | ||
| Q2 24 | $25.3B | $-14.5M | ||
| Q1 24 | $19.0B | $26.9M |
自由现金流AMZNVRA
| Q4 25 | $14.9B | $-4.5M | ||
| Q3 25 | $430.0M | $-6.1M | ||
| Q2 25 | $332.0M | $-19.8M | ||
| Q1 25 | $-8.0B | $17.3M | ||
| Q4 24 | $17.8B | $-25.0M | ||
| Q3 24 | $3.4B | $-1.4M | ||
| Q2 24 | $7.7B | $-15.4M | ||
| Q1 24 | $4.1B | $25.7M |
自由现金流率AMZNVRA
| Q4 25 | 7.0% | -7.2% | ||
| Q3 25 | 0.2% | -8.7% | ||
| Q2 25 | 0.2% | -38.3% | ||
| Q1 25 | -5.1% | 17.3% | ||
| Q4 24 | 9.5% | -35.5% | ||
| Q3 24 | 2.1% | -1.5% | ||
| Q2 24 | 5.2% | -22.7% | ||
| Q1 24 | 2.8% | 55.7% |
资本支出强度AMZNVRA
| Q4 25 | 18.5% | 0.7% | ||
| Q3 25 | 19.5% | 1.0% | ||
| Q2 25 | 19.2% | 3.6% | ||
| Q1 25 | 16.1% | 4.3% | ||
| Q4 24 | 14.8% | 3.4% | ||
| Q3 24 | 14.2% | 3.0% | ||
| Q2 24 | 11.9% | 1.3% | ||
| Q1 24 | 10.4% | 2.6% |
现金转化率AMZNVRA
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.68× | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 1.69× | 0.25× | ||
| 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% |
VRA
| Bags | $23.9M | 38% |
| Indirect | $12.6M | 20% |
| Transferred At Point In Time | $12.2M | 20% |
| Accessories | $7.2M | 12% |
| Home | $3.5M | 6% |
| Apparel Footwear | $1.8M | 3% |
| Other Products | $1.5M | 2% |
