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AppLovin Corp（APP）与Trump Media & Technology Group Corp.（DJT）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Trump Media & Technology Group Corp.的1326.0倍（$1.3B vs $1.0M）。AppLovin Corp净利率更高（82.7% vs -60263.0%，领先60345.6%）。Trump Media & Technology Group Corp.同比增速更快（0.5% vs -2.9%）。过去两年Trump Media & Technology Group Corp.的营收复合增速更高（14.2% 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。
特朗普媒体与科技集团（TMTG）是美国的媒体科技企业，总部位于佛罗里达州萨拉索塔，旗下运营社交平台Truth Social，大部分股权由唐纳德·J·特朗普可撤销信托持有。
APP vs DJT — 直观对比
营收规模更大
APP
是对方的1326.0倍
$1.0M
营收增速更快
DJT
高出3.4%
-2.9%
净利率更高
APP
高出60345.6%
-60263.0%
两年增速更快
DJT
近两年复合增速
12.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.0M |
| 净利润 | $1.1B | $-605.8M |
| 毛利率 | 95.2% | 45.4% |
| 营业利润率 | — | -43010.6% |
| 净利率 | 82.7% | -60263.0% |
| 营收同比 | -2.9% | 0.5% |
| 净利润同比 | 84.0% | -1509.0% |
| 每股收益（稀释后） | $3.24 | $-2.38 |
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APPDJT
| Q4 25 | $1.3B | $1.0M | ||
| Q3 25 | $1.4B | $972.9K | ||
| Q2 25 | $1.3B | $883.3K | ||
| Q1 25 | $1.5B | $821.2K | ||
| Q4 24 | $1.4B | $1.0M | ||
| Q3 24 | $1.2B | $1.0M | ||
| Q2 24 | $1.1B | $836.9K | ||
| Q1 24 | $1.1B | $770.5K |
净利润APPDJT
| Q4 25 | $1.1B | $-605.8M | ||
| Q3 25 | $835.5M | $-54.8M | ||
| Q2 25 | $819.5M | $-20.0M | ||
| Q1 25 | $576.4M | $-31.7M | ||
| Q4 24 | $599.2M | $-37.6M | ||
| Q3 24 | $434.4M | $-19.2M | ||
| Q2 24 | $310.0M | $-16.4M | ||
| Q1 24 | $236.2M | $-327.6M |
毛利率APPDJT
| Q4 25 | 95.2% | 45.4% | ||
| Q3 25 | 87.6% | 54.1% | ||
| Q2 25 | 87.7% | 61.2% | ||
| Q1 25 | 81.7% | 59.0% | ||
| Q4 24 | 76.7% | 63.4% | ||
| Q3 24 | 77.5% | 87.8% | ||
| Q2 24 | 73.8% | 95.7% | ||
| Q1 24 | 72.2% | 87.9% |
营业利润率APPDJT
| Q4 25 | — | -43010.6% | ||
| Q3 25 | 76.8% | -5926.4% | ||
| Q2 25 | 76.1% | -4925.6% | ||
| Q1 25 | 44.7% | -4814.3% | ||
| Q4 24 | 44.3% | -4535.0% | ||
| Q3 24 | 44.6% | -2340.0% | ||
| Q2 24 | 36.2% | -2229.5% | ||
| Q1 24 | 32.1% | -12764.8% |
净利率APPDJT
| Q4 25 | 82.7% | -60263.0% | ||
| Q3 25 | 59.5% | -5637.6% | ||
| Q2 25 | 65.1% | -2264.5% | ||
| Q1 25 | 38.8% | -3863.4% | ||
| Q4 24 | 43.6% | -3763.0% | ||
| Q3 24 | 36.3% | -1904.1% | ||
| Q2 24 | 28.7% | -1955.8% | ||
| Q1 24 | 22.3% | -42517.8% |
每股收益（稀释后）APPDJT
| Q4 25 | $3.24 | $-2.38 | ||
| Q3 25 | $2.45 | $-0.20 | ||
| Q2 25 | $2.39 | $-0.08 | ||
| Q1 25 | $1.67 | $-0.14 | ||
| Q4 24 | $1.72 | $1.45 | ||
| Q3 24 | $1.25 | $-0.10 | ||
| Q2 24 | $0.89 | $-0.10 | ||
| Q1 24 | $0.67 | $-3.61 |
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 | $439.6M |
| 总债务越低越好 | $3.5B | $947.1M |
| 股东权益账面价值 | $2.1B | $1.6B |
| 总资产 | $7.3B | $2.6B |
| 负债/权益比越低杠杆越低 | 1.65× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资APPDJT
| Q4 25 | $2.5B | $439.6M | ||
| Q3 25 | $1.7B | $716.5M | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $551.0M | $759.0M | ||
| Q4 24 | $741.4M | $776.8M | ||
| Q3 24 | $567.6M | $672.9M | ||
| Q2 24 | $460.4M | $344.0M | ||
| Q1 24 | $436.3M | $233.7M |
总债务APPDJT
| Q4 25 | $3.5B | $947.1M | ||
| Q3 25 | — | $950.8M | ||
| Q2 25 | — | $944.3M | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益APPDJT
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $1.5B | $2.3B | ||
| Q2 25 | $1.2B | $2.3B | ||
| Q1 25 | $575.4M | $891.7M | ||
| Q4 24 | $1.1B | $913.6M | ||
| Q3 24 | $938.2M | $816.5M | ||
| Q2 24 | $814.8M | $341.7M | ||
| Q1 24 | $760.2M | $210.3M |
总资产APPDJT
| Q4 25 | $7.3B | $2.6B | ||
| Q3 25 | $6.3B | $3.3B | ||
| Q2 25 | $6.0B | $3.2B | ||
| Q1 25 | $5.7B | $918.9M | ||
| Q4 24 | $5.9B | $938.3M | ||
| Q3 24 | $5.4B | $837.8M | ||
| Q2 24 | $5.3B | $356.5M | ||
| Q1 24 | $5.3B | $274.4M |
负债/权益比APPDJT
| Q4 25 | 1.65× | 0.58× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.41× | ||
| 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 | $12.1M |
| 自由现金流经营现金流 - 资本支出 | — | $12.1M |
| 自由现金流率自由现金流/营收 | — | 1205.3% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 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 | — | $14.2M |
8季度趋势，按日历期对齐
经营现金流APPDJT
| Q4 25 | $1.3B | $12.1M | ||
| Q3 25 | $1.1B | $10.1M | ||
| Q2 25 | $772.2M | $2.3M | ||
| Q1 25 | $831.7M | $-9.7M | ||
| Q4 24 | $701.0M | $-8.3M | ||
| Q3 24 | $550.7M | $-21.9M | ||
| Q2 24 | $454.5M | $-21.4M | ||
| Q1 24 | $392.8M | $-9.3M |
自由现金流APPDJT
| Q4 25 | — | $12.1M | ||
| Q3 25 | — | $10.1M | ||
| Q2 25 | — | $1.8M | ||
| Q1 25 | — | $-9.7M | ||
| Q4 24 | — | $-8.3M | ||
| Q3 24 | — | $-24.8M | ||
| Q2 24 | — | $-23.6M | ||
| Q1 24 | — | — |
自由现金流率APPDJT
| Q4 25 | — | 1205.3% | ||
| Q3 25 | — | 1034.0% | ||
| Q2 25 | — | 198.2% | ||
| Q1 25 | — | -1186.2% | ||
| Q4 24 | — | -834.1% | ||
| Q3 24 | — | -2450.8% | ||
| Q2 24 | — | -2817.6% | ||
| Q1 24 | — | — |
资本支出强度APPDJT
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 62.5% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 285.8% | ||
| Q2 24 | — | 255.9% | ||
| Q1 24 | — | 0.0% |
现金转化率APPDJT
| 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
