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AppLovin Corp（APP）与ZW Data Action Technologies Inc.（CNET）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ZW Data Action Technologies Inc.的1912.3倍（$1.3B vs $697.0K）。AppLovin Corp净利率更高（82.7% vs -70.9%，领先153.6%）。AppLovin Corp同比增速更快（-2.9% vs -69.0%）。过去两年AppLovin Corp的营收复合增速更高（12.2% vs -55.6%）
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。
ZW Data Action Technologies Inc.（股票代码CNET）是一家中国本土科技企业，专注为电商、消费品、互联网服务等多个领域的企业客户提供整合数字营销解决方案、大数据分析服务及智能运营工具，助力客户优化获客效率，提升运营水平，推进数字化转型。
APP vs CNET — 直观对比
营收规模更大
APP
是对方的1912.3倍
$697.0K
营收增速更快
APP
高出66.1%
-69.0%
净利率更高
APP
高出153.6%
-70.9%
两年增速更快
APP
近两年复合增速
-55.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $697.0K |
| 净利润 | $1.1B | $-494.0K |
| 毛利率 | 95.2% | 6.9% |
| 营业利润率 | — | -77.3% |
| 净利率 | 82.7% | -70.9% |
| 营收同比 | -2.9% | -69.0% |
| 净利润同比 | 84.0% | 36.7% |
| 每股收益（稀释后） | $3.24 | — |
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APPCNET
| Q4 25 | $1.3B | $697.0K | ||
| Q3 25 | $1.4B | $1.7M | ||
| Q2 25 | $1.3B | $548.0K | ||
| Q1 25 | $1.5B | $1.7M | ||
| Q4 24 | $1.4B | $2.2M | ||
| Q3 24 | $1.2B | $3.2M | ||
| Q2 24 | $1.1B | $6.4M | ||
| Q1 24 | $1.1B | $3.5M |
净利润APPCNET
| Q4 25 | $1.1B | $-494.0K | ||
| Q3 25 | $835.5M | $-108.0K | ||
| Q2 25 | $819.5M | $-637.0K | ||
| Q1 25 | $576.4M | $-531.0K | ||
| Q4 24 | $599.2M | $-781.0K | ||
| Q3 24 | $434.4M | $-1.9M | ||
| Q2 24 | $310.0M | $-216.0K | ||
| Q1 24 | $236.2M | $-850.0K |
毛利率APPCNET
| Q4 25 | 95.2% | 6.9% | ||
| Q3 25 | 87.6% | 5.7% | ||
| Q2 25 | 87.7% | 8.6% | ||
| Q1 25 | 81.7% | 9.7% | ||
| Q4 24 | 76.7% | -0.4% | ||
| Q3 24 | 77.5% | 1.7% | ||
| Q2 24 | 73.8% | 5.1% | ||
| Q1 24 | 72.2% | 2.0% |
营业利润率APPCNET
| Q4 25 | — | -77.3% | ||
| Q3 25 | 76.8% | -8.9% | ||
| Q2 25 | 76.1% | -124.5% | ||
| Q1 25 | 44.7% | -35.0% | ||
| Q4 24 | 44.3% | -24.1% | ||
| Q3 24 | 44.6% | -61.5% | ||
| Q2 24 | 36.2% | -4.7% | ||
| Q1 24 | 32.1% | -26.1% |
净利率APPCNET
| Q4 25 | 82.7% | -70.9% | ||
| Q3 25 | 59.5% | -6.3% | ||
| Q2 25 | 65.1% | -116.2% | ||
| Q1 25 | 38.8% | -32.1% | ||
| Q4 24 | 43.6% | -34.7% | ||
| Q3 24 | 36.3% | -59.1% | ||
| Q2 24 | 28.7% | -3.4% | ||
| Q1 24 | 22.3% | -24.1% |
每股收益（稀释后）APPCNET
| Q4 25 | $3.24 | — | ||
| Q3 25 | $2.45 | — | ||
| Q2 25 | $2.39 | — | ||
| Q1 25 | $1.67 | — | ||
| Q4 24 | $1.72 | — | ||
| Q3 24 | $1.25 | — | ||
| Q2 24 | $0.89 | — | ||
| Q1 24 | $0.67 | — |
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 | $970.0K |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $2.1B | $4.3M |
| 总资产 | $7.3B | $9.7M |
| 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APPCNET
| Q4 25 | $2.5B | $970.0K | ||
| Q3 25 | $1.7B | $1.8M | ||
| Q2 25 | $1.2B | $1.7M | ||
| Q1 25 | $551.0M | $807.0K | ||
| Q4 24 | $741.4M | $812.0K | ||
| Q3 24 | $567.6M | $1.1M | ||
| Q2 24 | $460.4M | $510.0K | ||
| Q1 24 | $436.3M | $467.0K |
总债务APPCNET
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益APPCNET
| Q4 25 | $2.1B | $4.3M | ||
| Q3 25 | $1.5B | $3.3M | ||
| Q2 25 | $1.2B | $3.5M | ||
| Q1 25 | $575.4M | $3.1M | ||
| Q4 24 | $1.1B | $3.7M | ||
| Q3 24 | $938.2M | $4.8M | ||
| Q2 24 | $814.8M | $5.2M | ||
| Q1 24 | $760.2M | $5.4M |
总资产APPCNET
| Q4 25 | $7.3B | $9.7M | ||
| Q3 25 | $6.3B | $9.7M | ||
| Q2 25 | $6.0B | $9.2M | ||
| Q1 25 | $5.7B | $9.5M | ||
| Q4 24 | $5.9B | $9.7M | ||
| Q3 24 | $5.4B | $11.0M | ||
| Q2 24 | $5.3B | $10.8M | ||
| Q1 24 | $5.3B | $11.4M |
负债/权益比APPCNET
| Q4 25 | 1.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-148.0K |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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季度趋势，按日历期对齐
经营现金流APPCNET
| Q4 25 | $1.3B | $-148.0K | ||
| Q3 25 | $1.1B | $-482.0K | ||
| Q2 25 | $772.2M | $685.0K | ||
| Q1 25 | $831.7M | $-984.0K | ||
| Q4 24 | $701.0M | $-830.0K | ||
| Q3 24 | $550.7M | $-198.0K | ||
| Q2 24 | $454.5M | $-677.0K | ||
| Q1 24 | $392.8M | $-353.0K |
自由现金流APPCNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $657.0K | ||
| Q1 25 | — | $-1.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率APPCNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 119.9% | ||
| Q1 25 | — | -61.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度APPCNET
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率APPCNET
| 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
