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AppLovin Corp（APP）与Cardlytics, Inc.（CDLX）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Cardlytics, Inc.的26.2倍（$1.3B vs $50.9M）。AppLovin Corp同比增速更快（-2.9% vs -25.5%）。过去两年AppLovin Corp的营收复合增速更高（12.2% vs -9.6%）
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。
Cardlytics是一家领先的购买智能与广告技术企业，与多家大型银行合作分析匿名消费者交易数据，为消费品牌、零售商及服务商提供基于真实消费行为的精准效果广告投放服务，核心业务覆盖北美与英国地区。
APP vs CDLX — 直观对比
营收规模更大
APP
是对方的26.2倍
$50.9M
营收增速更快
APP
高出22.6%
-25.5%
两年增速更快
APP
近两年复合增速
-9.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $50.9M |
| 净利润 | $1.1B | — |
| 毛利率 | 95.2% | — |
| 营业利润率 | — | -12.0% |
| 净利率 | 82.7% | — |
| 营收同比 | -2.9% | -25.5% |
| 净利润同比 | 84.0% | — |
| 每股收益（稀释后） | $3.24 | $-0.15 |
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APPCDLX
| Q4 25 | $1.3B | $50.9M | ||
| Q3 25 | $1.4B | $47.0M | ||
| Q2 25 | $1.3B | $58.0M | ||
| Q1 25 | $1.5B | $56.4M | ||
| Q4 24 | $1.4B | $68.3M | ||
| Q3 24 | $1.2B | $61.1M | ||
| Q2 24 | $1.1B | $64.0M | ||
| Q1 24 | $1.1B | $62.2M |
净利润APPCDLX
| Q4 25 | $1.1B | — | ||
| Q3 25 | $835.5M | $-72.7M | ||
| Q2 25 | $819.5M | $-9.3M | ||
| Q1 25 | $576.4M | $-13.3M | ||
| Q4 24 | $599.2M | — | ||
| Q3 24 | $434.4M | $-145.2M | ||
| Q2 24 | $310.0M | $-4.3M | ||
| Q1 24 | $236.2M | $-24.3M |
毛利率APPCDLX
| 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% | — | ||
| Q1 24 | 72.2% | — |
营业利润率APPCDLX
| Q4 25 | — | -12.0% | ||
| Q3 25 | 76.8% | -146.6% | ||
| Q2 25 | 76.1% | -22.0% | ||
| Q1 25 | 44.7% | -24.9% | ||
| Q4 24 | 44.3% | -12.2% | ||
| Q3 24 | 44.6% | -243.1% | ||
| Q2 24 | 36.2% | -24.7% | ||
| Q1 24 | 32.1% | -36.7% |
净利率APPCDLX
| Q4 25 | 82.7% | — | ||
| Q3 25 | 59.5% | -154.7% | ||
| Q2 25 | 65.1% | -16.0% | ||
| Q1 25 | 38.8% | -23.5% | ||
| Q4 24 | 43.6% | — | ||
| Q3 24 | 36.3% | -237.6% | ||
| Q2 24 | 28.7% | -6.7% | ||
| Q1 24 | 22.3% | -39.0% |
每股收益（稀释后）APPCDLX
| Q4 25 | $3.24 | $-0.15 | ||
| Q3 25 | $2.45 | $-1.36 | ||
| Q2 25 | $2.39 | $-0.18 | ||
| Q1 25 | $1.67 | $-0.26 | ||
| Q4 24 | $1.72 | $-0.36 | ||
| Q3 24 | $1.25 | $-2.90 | ||
| Q2 24 | $0.89 | $-0.09 | ||
| Q1 24 | $0.67 | $-0.56 |
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 | $2.5B | $48.7M |
| 总债务越低越好 | $3.5B | $212.6M |
| 股东权益账面价值 | $2.1B | $-6.5M |
| 总资产 | $7.3B | $285.6M |
| 负债/权益比越低杠杆越低 | 1.65× | — |
8季度趋势，按日历期对齐
现金及短期投资APPCDLX
| Q4 25 | $2.5B | $48.7M | ||
| Q3 25 | $1.7B | $44.0M | ||
| Q2 25 | $1.2B | $46.7M | ||
| Q1 25 | $551.0M | $52.0M | ||
| Q4 24 | $741.4M | $65.6M | ||
| Q3 24 | $567.6M | $67.0M | ||
| Q2 24 | $460.4M | $71.2M | ||
| Q1 24 | $436.3M | $97.8M |
总债务APPCDLX
| Q4 25 | $3.5B | $212.6M | ||
| Q3 25 | — | $214.6M | ||
| Q2 25 | — | $214.3M | ||
| Q1 25 | — | $213.9M | ||
| Q4 24 | $3.5B | $213.6M | ||
| Q3 24 | — | $213.2M | ||
| Q2 24 | — | $212.9M | ||
| Q1 24 | — | $257.9M |
股东权益APPCDLX
| Q4 25 | $2.1B | $-6.5M | ||
| Q3 25 | $1.5B | $-4.7M | ||
| Q2 25 | $1.2B | $58.7M | ||
| Q1 25 | $575.4M | $64.1M | ||
| Q4 24 | $1.1B | $70.0M | ||
| Q3 24 | $938.2M | $69.7M | ||
| Q2 24 | $814.8M | $210.0M | ||
| Q1 24 | $760.2M | $199.1M |
总资产APPCDLX
| Q4 25 | $7.3B | $285.6M | ||
| Q3 25 | $6.3B | $292.8M | ||
| Q2 25 | $6.0B | $361.1M | ||
| Q1 25 | $5.7B | $369.1M | ||
| Q4 24 | $5.9B | $392.7M | ||
| Q3 24 | $5.4B | $399.4M | ||
| Q2 24 | $5.3B | $534.4M | ||
| Q1 24 | $5.3B | $569.0M |
负债/权益比APPCDLX
| Q4 25 | 1.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.65× | ||
| Q1 25 | — | 3.34× | ||
| Q4 24 | 3.22× | 3.05× | ||
| Q3 24 | — | 3.06× | ||
| Q2 24 | — | 1.01× | ||
| Q1 24 | — | 1.29× |
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 | $13.0M |
| 自由现金流经营现金流 - 资本支出 | — | $13.0M |
| 自由现金流率自由现金流/营收 | — | 25.5% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | — | $8.8M |
8季度趋势，按日历期对齐
经营现金流APPCDLX
| Q4 25 | $1.3B | $13.0M | ||
| Q3 25 | $1.1B | $1.8M | ||
| Q2 25 | $772.2M | $1.2M | ||
| Q1 25 | $831.7M | $-6.7M | ||
| Q4 24 | $701.0M | $3.0M | ||
| Q3 24 | $550.7M | $1.4M | ||
| Q2 24 | $454.5M | $4.4M | ||
| Q1 24 | $392.8M | $-17.6M |
自由现金流APPCDLX
| Q4 25 | — | $13.0M | ||
| Q3 25 | — | $1.7M | ||
| Q2 25 | — | $903.0K | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $2.9M | ||
| Q3 24 | — | $878.0K | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $-18.3M |
自由现金流率APPCDLX
| Q4 25 | — | 25.5% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | -12.1% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | -29.4% |
资本支出强度APPCDLX
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 1.0% |
现金转化率APPCDLX
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.47× | — | ||
| Q1 24 | 1.66× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
