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AppLovin Corp（APP）与Equity Residential（EQR）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Equity Residential的1.7倍（$1.3B vs $781.9M），AppLovin Corp净利率更高（82.7% vs 48.9%，领先33.8%），Equity Residential同比增速更快（2.0% vs -2.9%），过去两年AppLovin Corp的营收复合增速更高（12.2% vs 3.4%）
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。
Equity Residential是总部位于美国的公开上市房地产投资信托基金（REIT），核心业务聚焦公寓类不动产投资，在全美多地持有大量优质公寓资产，深耕租赁住房市场，拥有成熟的运营管理经验和突出的行业竞争优势。
APP vs EQR — 直观对比
营收规模更大
APP
是对方的1.7倍
$781.9M
营收增速更快
EQR
高出4.9%
-2.9%
净利率更高
APP
高出33.8%
48.9%
两年增速更快
APP
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $781.9M |
| 净利润 | $1.1B | $382.1M |
| 毛利率 | 95.2% | — |
| 营业利润率 | — | 50.6% |
| 净利率 | 82.7% | 48.9% |
| 营收同比 | -2.9% | 2.0% |
| 净利润同比 | 84.0% | -8.8% |
| 每股收益（稀释后） | $3.24 | $1.01 |
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APPEQR
| Q4 25 | $1.3B | $781.9M | ||
| Q3 25 | $1.4B | $782.4M | ||
| Q2 25 | $1.3B | $768.8M | ||
| Q1 25 | $1.5B | $760.8M | ||
| Q4 24 | $1.4B | $766.8M | ||
| Q3 24 | $1.2B | $748.3M | ||
| Q2 24 | $1.1B | $734.2M | ||
| Q1 24 | $1.1B | $730.8M |
净利润APPEQR
| Q4 25 | $1.1B | $382.1M | ||
| Q3 25 | $835.5M | $289.1M | ||
| Q2 25 | $819.5M | $192.4M | ||
| Q1 25 | $576.4M | $256.6M | ||
| Q4 24 | $599.2M | $419.1M | ||
| Q3 24 | $434.4M | $143.4M | ||
| Q2 24 | $310.0M | $177.5M | ||
| Q1 24 | $236.2M | $295.8M |
毛利率APPEQR
| 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APPEQR
| Q4 25 | — | 50.6% | ||
| Q3 25 | 76.8% | 38.5% | ||
| Q2 25 | 76.1% | 26.6% | ||
| Q1 25 | 44.7% | 35.7% | ||
| Q4 24 | 44.3% | 57.2% | ||
| Q3 24 | 44.6% | 20.1% | ||
| Q2 24 | 36.2% | 25.3% | ||
| Q1 24 | 32.1% | 42.0% |
净利率APPEQR
| Q4 25 | 82.7% | 48.9% | ||
| Q3 25 | 59.5% | 36.9% | ||
| Q2 25 | 65.1% | 25.0% | ||
| Q1 25 | 38.8% | 33.7% | ||
| Q4 24 | 43.6% | 54.7% | ||
| Q3 24 | 36.3% | 19.2% | ||
| Q2 24 | 28.7% | 24.2% | ||
| Q1 24 | 22.3% | 40.5% |
每股收益（稀释后）APPEQR
| Q4 25 | $3.24 | $1.01 | ||
| Q3 25 | $2.45 | $0.76 | ||
| Q2 25 | $2.39 | $0.50 | ||
| Q1 25 | $1.67 | $0.67 | ||
| Q4 24 | $1.72 | $1.10 | ||
| Q3 24 | $1.25 | $0.38 | ||
| Q2 24 | $0.89 | $0.47 | ||
| Q1 24 | $0.67 | $0.77 |
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 | $55.9M |
| 总债务越低越好 | $3.5B | $8.2B |
| 股东权益账面价值 | $2.1B | $11.0B |
| 总资产 | $7.3B | $20.7B |
| 负债/权益比越低杠杆越低 | 1.65× | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资APPEQR
| Q4 25 | $2.5B | $55.9M | ||
| Q3 25 | $1.7B | $93.1M | ||
| Q2 25 | $1.2B | $31.3M | ||
| Q1 25 | $551.0M | $39.8M | ||
| Q4 24 | $741.4M | $62.3M | ||
| Q3 24 | $567.6M | $28.6M | ||
| Q2 24 | $460.4M | $38.3M | ||
| Q1 24 | $436.3M | $44.5M |
总债务APPEQR
| Q4 25 | $3.5B | $8.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | $8.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益APPEQR
| Q4 25 | $2.1B | $11.0B | ||
| Q3 25 | $1.5B | $11.1B | ||
| Q2 25 | $1.2B | $11.0B | ||
| Q1 25 | $575.4M | $11.0B | ||
| Q4 24 | $1.1B | $11.0B | ||
| Q3 24 | $938.2M | $10.9B | ||
| Q2 24 | $814.8M | $11.0B | ||
| Q1 24 | $760.2M | $11.1B |
总资产APPEQR
| Q4 25 | $7.3B | $20.7B | ||
| Q3 25 | $6.3B | $21.1B | ||
| Q2 25 | $6.0B | $21.0B | ||
| Q1 25 | $5.7B | $20.6B | ||
| Q4 24 | $5.9B | $20.8B | ||
| Q3 24 | $5.4B | $20.9B | ||
| Q2 24 | $5.3B | $19.8B | ||
| Q1 24 | $5.3B | $19.9B |
负债/权益比APPEQR
| Q4 25 | 1.65× | 0.75× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.22× | 0.74× | ||
| 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 | $387.0M |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | 1.19× | 1.01× |
| 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APPEQR
| Q4 25 | $1.3B | $387.0M | ||
| Q3 25 | $1.1B | $476.7M | ||
| Q2 25 | $772.2M | $359.5M | ||
| Q1 25 | $831.7M | $425.5M | ||
| Q4 24 | $701.0M | $354.2M | ||
| Q3 24 | $550.7M | $401.4M | ||
| Q2 24 | $454.5M | $396.9M | ||
| Q1 24 | $392.8M | $421.0M |
现金转化率APPEQR
| Q4 25 | 1.19× | 1.01× | ||
| Q3 25 | 1.26× | 1.65× | ||
| Q2 25 | 0.94× | 1.87× | ||
| Q1 25 | 1.44× | 1.66× | ||
| Q4 24 | 1.17× | 0.85× | ||
| Q3 24 | 1.27× | 2.80× | ||
| Q2 24 | 1.47× | 2.24× | ||
| Q1 24 | 1.66× | 1.42× |
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% |
EQR
暂无分部数据
