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AppLovin Corp（APP）与AXIS CAPITAL HOLDINGS LTD（AXS）财务数据对比。点击上方公司名可切换其他公司
AppLovin Corp的季度营收约是AXIS CAPITAL HOLDINGS LTD的1.1倍（$1.8B vs $1.6B），AppLovin Corp净利率更高（65.5% vs 15.5%，领先50.0%），AppLovin Corp同比增速更快（59.0% vs 8.0%），过去两年AppLovin Corp的营收复合增速更高（30.6% vs 6.4%）
AppLovin是总部位于美国加利福尼亚州帕洛阿尔托的移动科技公司，成立于2012年，旗下拥有SSP MAX、DSP AppDiscovery营销平台及SparkLabs创意工作室，可为开发者提供应用推广、变现、分析及发行服务，同时也对多家移动游戏发行商开展投资。
AXIS资本控股有限公司是AXIS集团的控股主体，通过百慕大、美国、加拿大、欧洲及新加坡的子公司与分支机构网络，提供各类风险转移产品及服务。保险业务覆盖财产、职业责任、恐怖主义、航运、能源、环境等领域，再保险业务包含财产、职业责任、信用债券等品类。
APP vs AXS — 直观对比
营收规模更大
APP
是对方的1.1倍
$1.6B
营收增速更快
APP
高出51.0%
8.0%
净利率更高
APP
高出50.0%
15.5%
两年增速更快
APP
近两年复合增速
6.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.6B |
| 净利润 | $1.2B | $254.8M |
| 毛利率 | 88.9% | — |
| 营业利润率 | 78.2% | 15.6% |
| 净利率 | 65.5% | 15.5% |
| 营收同比 | 59.0% | 8.0% |
| 净利润同比 | 109.2% | 31.3% |
| 每股收益（稀释后） | $3.56 | — |
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APPAXS
| Q1 26 | $1.8B | $1.6B | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.3B | $1.6B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.1B | $1.5B |
净利润APPAXS
| Q1 26 | $1.2B | $254.8M | ||
| Q4 25 | $1.1B | $289.6M | ||
| Q3 25 | $835.5M | $301.9M | ||
| Q2 25 | $819.5M | $223.4M | ||
| Q1 25 | $576.4M | $194.1M | ||
| Q4 24 | $599.2M | $293.6M | ||
| Q3 24 | $434.4M | $180.7M | ||
| Q2 24 | $310.0M | $212.0M |
毛利率APPAXS
| Q1 26 | 88.9% | — | ||
| Q4 25 | 95.2% | — | ||
| Q3 25 | 87.6% | — | ||
| Q2 25 | 87.7% | — | ||
| Q1 25 | 81.7% | — | ||
| Q4 24 | 76.7% | — | ||
| Q3 24 | 77.5% | — | ||
| Q2 24 | 73.8% | — |
营业利润率APPAXS
| Q1 26 | 78.2% | 15.6% | ||
| Q4 25 | — | 19.0% | ||
| Q3 25 | 76.8% | 22.1% | ||
| Q2 25 | 76.1% | 17.2% | ||
| Q1 25 | 44.7% | 15.5% | ||
| Q4 24 | 44.3% | 18.6% | ||
| Q3 24 | 44.6% | 14.2% | ||
| Q2 24 | 36.2% | 17.4% |
净利率APPAXS
| Q1 26 | 65.5% | 15.5% | ||
| Q4 25 | 82.7% | 16.7% | ||
| Q3 25 | 59.5% | 18.0% | ||
| Q2 25 | 65.1% | 13.7% | ||
| Q1 25 | 38.8% | 12.8% | ||
| Q4 24 | 43.6% | 20.0% | ||
| Q3 24 | 36.3% | 11.2% | ||
| Q2 24 | 28.7% | 14.6% |
每股收益（稀释后）APPAXS
| Q1 26 | $3.56 | — | ||
| Q4 25 | $3.24 | $3.63 | ||
| Q3 25 | $2.45 | $3.74 | ||
| Q2 25 | $2.39 | $2.72 | ||
| Q1 25 | $1.67 | $2.26 | ||
| Q4 24 | $1.72 | $3.38 | ||
| Q3 24 | $1.25 | $2.04 | ||
| Q2 24 | $0.89 | $2.40 |
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 | $2.8B | $862.5M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $2.4B | $6.4B |
| 总资产 | $7.7B | $35.6B |
| 负债/权益比越低杠杆越低 | 1.49× | — |
8季度趋势，按日历期对齐
现金及短期投资APPAXS
| Q1 26 | $2.8B | $862.5M | ||
| Q4 25 | $2.5B | $820.3M | ||
| Q3 25 | $1.7B | $825.9M | ||
| Q2 25 | $1.2B | $852.1M | ||
| Q1 25 | $551.0M | $2.8B | ||
| Q4 24 | $741.4M | $2.1B | ||
| Q3 24 | $567.6M | $981.0M | ||
| Q2 24 | $460.4M | $1.1B |
总债务APPAXS
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APPAXS
| Q1 26 | $2.4B | $6.4B | ||
| Q4 25 | $2.1B | $6.4B | ||
| Q3 25 | $1.5B | $6.4B | ||
| Q2 25 | $1.2B | $6.2B | ||
| Q1 25 | $575.4M | $5.9B | ||
| Q4 24 | $1.1B | $6.1B | ||
| Q3 24 | $938.2M | $6.1B | ||
| Q2 24 | $814.8M | $5.7B |
总资产APPAXS
| Q1 26 | $7.7B | $35.6B | ||
| Q4 25 | $7.3B | $34.5B | ||
| Q3 25 | $6.3B | $34.3B | ||
| Q2 25 | $6.0B | $34.2B | ||
| Q1 25 | $5.7B | $33.2B | ||
| Q4 24 | $5.9B | $32.5B | ||
| Q3 24 | $5.4B | $32.7B | ||
| Q2 24 | $5.3B | $32.1B |
负债/权益比APPAXS
| Q1 26 | 1.49× | — | ||
| Q4 25 | 1.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $1.3B | — |
| 自由现金流经营现金流 - 资本支出 | $1.3B | — |
| 自由现金流率自由现金流/营收 | 69.8% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.07× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APPAXS
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $630.4M | ||
| Q3 25 | $1.1B | $673.8M | ||
| Q2 25 | $772.2M | $-1.7B | ||
| Q1 25 | $831.7M | $309.1M | ||
| Q4 24 | $701.0M | $355.5M | ||
| Q3 24 | $550.7M | $587.0M | ||
| Q2 24 | $454.5M | $518.1M |
自由现金流APPAXS
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率APPAXS
| Q1 26 | 69.8% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率APPAXS
| Q1 26 | 1.07× | — | ||
| Q4 25 | 1.19× | 2.18× | ||
| Q3 25 | 1.26× | 2.23× | ||
| Q2 25 | 0.94× | -7.41× | ||
| Q1 25 | 1.44× | 1.59× | ||
| Q4 24 | 1.17× | 1.21× | ||
| Q3 24 | 1.27× | 3.25× | ||
| Q2 24 | 1.47× | 2.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
