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AppLovin Corp（APP）与Compass, Inc.（COMP）财务数据对比。点击上方公司名可切换其他公司
Compass, Inc.的季度营收约是AppLovin Corp的1.3倍（$1.7B vs $1.3B），AppLovin Corp净利率更高（82.7% vs -2.5%，领先85.2%），Compass, Inc.同比增速更快（23.1% vs -2.9%），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 12.2%）
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。
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
APP vs COMP — 直观对比
营收规模更大
COMP
是对方的1.3倍
$1.3B
营收增速更快
COMP
高出26.0%
-2.9%
净利率更高
APP
高出85.2%
-2.5%
两年增速更快
COMP
近两年复合增速
12.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $1.1B | $-42.6M |
| 毛利率 | 95.2% | — |
| 营业利润率 | — | -2.5% |
| 净利率 | 82.7% | -2.5% |
| 营收同比 | -2.9% | 23.1% |
| 净利润同比 | 84.0% | -5.2% |
| 每股收益（稀释后） | $3.24 | $-0.07 |
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APPCOMP
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.1B | $1.7B | ||
| Q1 24 | $1.1B | $1.1B |
净利润APPCOMP
| Q4 25 | $1.1B | $-42.6M | ||
| Q3 25 | $835.5M | $-4.6M | ||
| Q2 25 | $819.5M | $39.4M | ||
| Q1 25 | $576.4M | $-50.7M | ||
| Q4 24 | $599.2M | $-40.5M | ||
| Q3 24 | $434.4M | $-1.7M | ||
| Q2 24 | $310.0M | $20.7M | ||
| Q1 24 | $236.2M | $-132.9M |
毛利率APPCOMP
| 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APPCOMP
| Q4 25 | — | -2.5% | ||
| Q3 25 | 76.8% | -0.4% | ||
| Q2 25 | 76.1% | 1.9% | ||
| Q1 25 | 44.7% | -4.0% | ||
| Q4 24 | 44.3% | -2.9% | ||
| Q3 24 | 44.6% | -0.2% | ||
| Q2 24 | 36.2% | 1.3% | ||
| Q1 24 | 32.1% | -12.5% |
净利率APPCOMP
| Q4 25 | 82.7% | -2.5% | ||
| Q3 25 | 59.5% | -0.2% | ||
| Q2 25 | 65.1% | 1.9% | ||
| Q1 25 | 38.8% | -3.7% | ||
| Q4 24 | 43.6% | -2.9% | ||
| Q3 24 | 36.3% | -0.1% | ||
| Q2 24 | 28.7% | 1.2% | ||
| Q1 24 | 22.3% | -12.6% |
每股收益（稀释后）APPCOMP
| Q4 25 | $3.24 | $-0.07 | ||
| Q3 25 | $2.45 | $-0.01 | ||
| Q2 25 | $2.39 | $0.07 | ||
| Q1 25 | $1.67 | $-0.09 | ||
| Q4 24 | $1.72 | $-0.08 | ||
| Q3 24 | $1.25 | $0.00 | ||
| Q2 24 | $0.89 | $0.04 | ||
| Q1 24 | $0.67 | $-0.27 |
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 | $199.0M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $2.1B | $782.0M |
| 总资产 | $7.3B | $1.5B |
| 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APPCOMP
| Q4 25 | $2.5B | $199.0M | ||
| Q3 25 | $1.7B | $170.3M | ||
| Q2 25 | $1.2B | $177.3M | ||
| Q1 25 | $551.0M | $127.0M | ||
| Q4 24 | $741.4M | $223.8M | ||
| Q3 24 | $567.6M | $211.2M | ||
| Q2 24 | $460.4M | $185.8M | ||
| Q1 24 | $436.3M | $165.9M |
总债务APPCOMP
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益APPCOMP
| Q4 25 | $2.1B | $782.0M | ||
| Q3 25 | $1.5B | $773.3M | ||
| Q2 25 | $1.2B | $719.9M | ||
| Q1 25 | $575.4M | $635.0M | ||
| Q4 24 | $1.1B | $409.4M | ||
| Q3 24 | $938.2M | $428.0M | ||
| Q2 24 | $814.8M | $398.4M | ||
| Q1 24 | $760.2M | $330.3M |
总资产APPCOMP
| Q4 25 | $7.3B | $1.5B | ||
| Q3 25 | $6.3B | $1.6B | ||
| Q2 25 | $6.0B | $1.6B | ||
| Q1 25 | $5.7B | $1.5B | ||
| Q4 24 | $5.9B | $1.2B | ||
| Q3 24 | $5.4B | $1.2B | ||
| Q2 24 | $5.3B | $1.2B | ||
| Q1 24 | $5.3B | $1.1B |
负债/权益比APPCOMP
| 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 | $45.3M |
| 自由现金流经营现金流 - 资本支出 | — | $42.2M |
| 自由现金流率自由现金流/营收 | — | 2.5% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 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 | — | $203.3M |
8季度趋势，按日历期对齐
经营现金流APPCOMP
| Q4 25 | $1.3B | $45.3M | ||
| Q3 25 | $1.1B | $75.5M | ||
| Q2 25 | $772.2M | $72.8M | ||
| Q1 25 | $831.7M | $23.1M | ||
| Q4 24 | $701.0M | $30.5M | ||
| Q3 24 | $550.7M | $37.4M | ||
| Q2 24 | $454.5M | $45.0M | ||
| Q1 24 | $392.8M | $8.6M |
自由现金流APPCOMP
| Q4 25 | — | $42.2M | ||
| Q3 25 | — | $73.6M | ||
| Q2 25 | — | $68.0M | ||
| Q1 25 | — | $19.5M | ||
| Q4 24 | — | $26.7M | ||
| Q3 24 | — | $32.8M | ||
| Q2 24 | — | $40.4M | ||
| Q1 24 | — | $5.9M |
自由现金流率APPCOMP
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 0.6% |
资本支出强度APPCOMP
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.3% |
现金转化率APPCOMP
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 0.94× | 1.85× | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 1.47× | 2.17× | ||
| 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
业务分部营收拆解
APP
| Other | $673.9M | 51% |
| US | $659.0M | 49% |
COMP
暂无分部数据
