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AppLovin Corp（APP）与Fastenal（FAST）财务数据对比。点击上方公司名可切换其他公司
Fastenal的季度营收约是AppLovin Corp的1.2倍（$2.0B vs $1.7B），AppLovin Corp净利率更高（66.5% vs 14.5%，领先52.0%），AppLovin Corp同比增速更快（66.0% vs 3.5%），AppLovin Corp自由现金流更多（$1.3B vs $308.2M），过去两年AppLovin Corp的营收复合增速更高（23.9% vs 2.9%）
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。
Fastenal是1967年成立的美国上市企业，总部位于明尼苏达州威诺纳，是北美最大的紧固件分销商，同时也是工业和建筑用品的主流供应商，可提供货柜备货、智能售货柜、库存管理、物流配送等一站式供应链解决方案。
APP vs FAST — 直观对比
营收规模更大
FAST
是对方的1.2倍
$1.7B
营收增速更快
APP
高出62.5%
3.5%
净利率更高
APP
高出52.0%
14.5%
自由现金流更多
APP
多$1.0B
$308.2M
两年增速更快
APP
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.0B |
| 净利润 | $1.1B | $293.9M |
| 毛利率 | 88.9% | 44.3% |
| 营业利润率 | 76.9% | 18.9% |
| 净利率 | 66.5% | 14.5% |
| 营收同比 | 66.0% | 3.5% |
| 净利润同比 | 84.0% | -1.6% |
| 每股收益（稀释后） | $3.24 | $-0.01 |
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APPFAST
| Q1 26 | $1.7B | $2.0B | ||
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.5B | $2.0B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.2B | $1.9B | ||
| Q2 24 | $1.1B | $1.9B |
净利润APPFAST
| Q1 26 | $1.1B | $293.9M | ||
| Q4 25 | $1.1B | $293.9M | ||
| Q3 25 | $835.5M | $335.5M | ||
| Q2 25 | $819.5M | $330.3M | ||
| Q1 25 | $576.4M | $298.7M | ||
| Q4 24 | $599.2M | $262.1M | ||
| Q3 24 | $434.4M | $298.1M | ||
| Q2 24 | $310.0M | $292.7M |
毛利率APPFAST
| Q1 26 | 88.9% | 44.3% | ||
| Q4 25 | 95.2% | 44.3% | ||
| Q3 25 | 87.6% | 45.3% | ||
| Q2 25 | 87.7% | 45.3% | ||
| Q1 25 | 81.7% | 45.1% | ||
| Q4 24 | 76.7% | 44.8% | ||
| Q3 24 | 77.5% | 44.9% | ||
| Q2 24 | 73.8% | 45.1% |
营业利润率APPFAST
| Q1 26 | 76.9% | 18.9% | ||
| Q4 25 | — | 18.9% | ||
| Q3 25 | 76.8% | 20.7% | ||
| Q2 25 | 76.1% | 21.0% | ||
| Q1 25 | 44.7% | 20.1% | ||
| Q4 24 | 44.3% | 18.9% | ||
| Q3 24 | 44.6% | 20.3% | ||
| Q2 24 | 36.2% | 20.2% |
净利率APPFAST
| Q1 26 | 66.5% | 14.5% | ||
| Q4 25 | 82.7% | 14.5% | ||
| Q3 25 | 59.5% | 15.7% | ||
| Q2 25 | 65.1% | 15.9% | ||
| Q1 25 | 38.8% | 15.2% | ||
| Q4 24 | 43.6% | 14.4% | ||
| Q3 24 | 36.3% | 15.6% | ||
| Q2 24 | 28.7% | 15.3% |
每股收益（稀释后）APPFAST
| Q1 26 | $3.24 | $-0.01 | ||
| Q4 25 | $3.24 | $-0.01 | ||
| Q3 25 | $2.45 | $0.29 | ||
| Q2 25 | $2.39 | $0.29 | ||
| Q1 25 | $1.67 | $0.52 | ||
| Q4 24 | $1.72 | $0.45 | ||
| Q3 24 | $1.25 | $0.52 | ||
| Q2 24 | $0.89 | $0.51 |
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 | $276.8M |
| 总债务越低越好 | $3.5B | $125.0M |
| 股东权益账面价值 | $2.1B | $3.9B |
| 总资产 | $7.3B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.65× | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资APPFAST
| Q1 26 | $2.5B | $276.8M | ||
| Q4 25 | $2.5B | $276.8M | ||
| Q3 25 | $1.7B | $288.1M | ||
| Q2 25 | $1.2B | $237.8M | ||
| Q1 25 | $551.0M | $231.8M | ||
| Q4 24 | $741.4M | $255.8M | ||
| Q3 24 | $567.6M | $292.2M | ||
| Q2 24 | $460.4M | $255.5M |
总债务APPFAST
| Q1 26 | $3.5B | $125.0M | ||
| Q4 25 | $3.5B | $125.0M | ||
| Q3 25 | — | $195.0M | ||
| Q2 25 | — | $230.0M | ||
| Q1 25 | — | $200.0M | ||
| Q4 24 | $3.5B | $200.0M | ||
| Q3 24 | — | $240.0M | ||
| Q2 24 | — | $235.0M |
股东权益APPFAST
| Q1 26 | $2.1B | $3.9B | ||
| Q4 25 | $2.1B | $3.9B | ||
| Q3 25 | $1.5B | $3.9B | ||
| Q2 25 | $1.2B | $3.8B | ||
| Q1 25 | $575.4M | $3.7B | ||
| Q4 24 | $1.1B | $3.6B | ||
| Q3 24 | $938.2M | $3.6B | ||
| Q2 24 | $814.8M | $3.5B |
总资产APPFAST
| Q1 26 | $7.3B | $5.1B | ||
| Q4 25 | $7.3B | $5.1B | ||
| Q3 25 | $6.3B | $5.1B | ||
| Q2 25 | $6.0B | $5.0B | ||
| Q1 25 | $5.7B | $4.9B | ||
| Q4 24 | $5.9B | $4.7B | ||
| Q3 24 | $5.4B | $4.7B | ||
| Q2 24 | $5.3B | $4.6B |
负债/权益比APPFAST
| Q1 26 | 1.65× | 0.03× | ||
| Q4 25 | 1.65× | 0.03× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | 3.22× | 0.06× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 0.07× |
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 | $4.0B | $368.2M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $308.2M |
| 自由现金流率自由现金流/营收 | 79.0% | 15.2% |
| 资本支出强度资本支出/营收 | — | 3.0% |
| 现金转化率经营现金流/净利润 | 3.60× | 1.25× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流APPFAST
| Q1 26 | $4.0B | $368.2M | ||
| Q4 25 | $1.3B | $368.2M | ||
| Q3 25 | $1.1B | $386.9M | ||
| Q2 25 | $772.2M | $278.6M | ||
| Q1 25 | $831.7M | $262.2M | ||
| Q4 24 | $701.0M | $282.8M | ||
| Q3 24 | $550.7M | $296.9M | ||
| Q2 24 | $454.5M | $258.0M |
自由现金流APPFAST
| Q1 26 | $1.3B | $308.2M | ||
| Q4 25 | — | $308.2M | ||
| Q3 25 | — | $326.6M | ||
| Q2 25 | — | $209.3M | ||
| Q1 25 | — | $206.5M | ||
| Q4 24 | — | $222.6M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $201.9M |
自由现金流率APPFAST
| Q1 26 | 79.0% | 15.2% | ||
| Q4 25 | — | 15.2% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | — | 10.5% |
资本支出强度APPFAST
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 2.9% |
现金转化率APPFAST
| Q1 26 | 3.60× | 1.25× | ||
| Q4 25 | 1.19× | 1.25× | ||
| Q3 25 | 1.26× | 1.15× | ||
| Q2 25 | 0.94× | 0.84× | ||
| Q1 25 | 1.44× | 0.88× | ||
| Q4 24 | 1.17× | 1.08× | ||
| Q3 24 | 1.27× | 1.00× | ||
| Q2 24 | 1.47× | 0.88× |
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
暂无分部数据
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
