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AppLovin Corp（APP）与Globe Life（GL）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Globe Life的1.2倍（$1.8B vs $1.5B），AppLovin Corp净利率更高（65.5% vs 17.5%，领先47.9%），AppLovin Corp同比增速更快（59.0% vs 3.6%），AppLovin Corp自由现金流更多（$1.3B vs $330.1M），过去两年AppLovin Corp的营收复合增速更高（30.6% vs 3.6%）
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。
Globe Life Inc.（股票代码：GL）是总部位于美国得克萨斯州麦金尼的金融服务控股公司，在纽约证券交易所上市，通过旗下全资子公司开展业务，主营人寿保险、年金产品及补充健康保险产品。
APP vs GL — 直观对比
营收规模更大
APP
是对方的1.2倍
$1.5B
营收增速更快
APP
高出55.3%
3.6%
净利率更高
APP
高出47.9%
17.5%
自由现金流更多
APP
多$956.7M
$330.1M
两年增速更快
APP
近两年复合增速
3.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.5B |
| 净利润 | $1.2B | $266.1M |
| 毛利率 | 88.9% | — |
| 营业利润率 | 78.2% | 21.7% |
| 净利率 | 65.5% | 17.5% |
| 营收同比 | 59.0% | 3.6% |
| 净利润同比 | 109.2% | 4.3% |
| 每股收益（稀释后） | $3.56 | $3.28 |
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APPGL
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.1B | $1.4B |
净利润APPGL
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.1B | $266.1M | ||
| Q3 25 | $835.5M | $387.8M | ||
| Q2 25 | $819.5M | $252.7M | ||
| Q1 25 | $576.4M | $254.6M | ||
| Q4 24 | $599.2M | $255.2M | ||
| Q3 24 | $434.4M | $303.0M | ||
| Q2 24 | $310.0M | $258.4M |
毛利率APPGL
| Q1 26 | 88.9% | — | ||
| Q4 25 | 95.2% | — | ||
| Q3 25 | 87.6% | — | ||
| Q2 25 | 87.7% | — | ||
| Q1 25 | 81.7% | — | ||
| Q4 24 | 76.7% | — | ||
| Q3 24 | 77.5% | 26.1% | ||
| Q2 24 | 73.8% | 23.3% |
营业利润率APPGL
| Q1 26 | 78.2% | — | ||
| Q4 25 | — | 21.7% | ||
| Q3 25 | 76.8% | 31.5% | ||
| Q2 25 | 76.1% | 21.2% | ||
| Q1 25 | 44.7% | 21.4% | ||
| Q4 24 | 44.3% | 21.3% | ||
| Q3 24 | 44.6% | 26.3% | ||
| Q2 24 | 36.2% | 23.5% |
净利率APPGL
| Q1 26 | 65.5% | — | ||
| Q4 25 | 82.7% | 17.5% | ||
| Q3 25 | 59.5% | 25.6% | ||
| Q2 25 | 65.1% | 17.1% | ||
| Q1 25 | 38.8% | 17.2% | ||
| Q4 24 | 43.6% | 17.4% | ||
| Q3 24 | 36.3% | 20.8% | ||
| Q2 24 | 28.7% | 17.9% |
每股收益（稀释后）APPGL
| Q1 26 | $3.56 | — | ||
| Q4 25 | $3.24 | $3.28 | ||
| Q3 25 | $2.45 | $4.73 | ||
| Q2 25 | $2.39 | $3.05 | ||
| Q1 25 | $1.67 | $3.01 | ||
| Q4 24 | $1.72 | $3.00 | ||
| Q3 24 | $1.25 | $3.44 | ||
| Q2 24 | $0.89 | $2.83 |
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 | $2.8B | $314.7M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $2.4B | $6.0B |
| 总资产 | $7.7B | $30.8B |
| 负债/权益比越低杠杆越低 | 1.49× | — |
8季度趋势，按日历期对齐
现金及短期投资APPGL
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.5B | $314.7M | ||
| Q3 25 | $1.7B | $62.8M | ||
| Q2 25 | $1.2B | $116.7M | ||
| Q1 25 | $551.0M | $134.1M | ||
| Q4 24 | $741.4M | $85.0M | ||
| Q3 24 | $567.6M | $100.5M | ||
| Q2 24 | $460.4M | $100.6M |
总债务APPGL
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APPGL
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.1B | $6.0B | ||
| Q3 25 | $1.5B | $5.7B | ||
| Q2 25 | $1.2B | $5.4B | ||
| Q1 25 | $575.4M | $5.4B | ||
| Q4 24 | $1.1B | $5.3B | ||
| Q3 24 | $938.2M | $4.6B | ||
| Q2 24 | $814.8M | $5.2B |
总资产APPGL
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.3B | $30.8B | ||
| Q3 25 | $6.3B | $30.5B | ||
| Q2 25 | $6.0B | $29.8B | ||
| Q1 25 | $5.7B | $29.7B | ||
| Q4 24 | $5.9B | $29.1B | ||
| Q3 24 | $5.4B | $29.6B | ||
| Q2 24 | $5.3B | $28.3B |
负债/权益比APPGL
| Q1 26 | 1.49× | — | ||
| Q4 25 | 1.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $350.6M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $330.1M |
| 自由现金流率自由现金流/营收 | 69.8% | 21.7% |
| 资本支出强度资本支出/营收 | — | 1.3% |
| 现金转化率经营现金流/净利润 | 1.07× | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流APPGL
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $350.6M | ||
| Q3 25 | $1.1B | $306.0M | ||
| Q2 25 | $772.2M | $307.9M | ||
| Q1 25 | $831.7M | $431.9M | ||
| Q4 24 | $701.0M | $336.9M | ||
| Q3 24 | $550.7M | $340.6M | ||
| Q2 24 | $454.5M | $374.1M |
自由现金流APPGL
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $330.1M | ||
| Q3 25 | — | $208.7M | ||
| Q2 25 | — | $295.0M | ||
| Q1 25 | — | $420.1M | ||
| Q4 24 | — | $321.9M | ||
| Q3 24 | — | $311.3M | ||
| Q2 24 | — | $356.5M |
自由现金流率APPGL
| Q1 26 | 69.8% | — | ||
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 13.8% | ||
| Q2 25 | — | 19.9% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 21.4% | ||
| Q2 24 | — | 24.8% |
资本支出强度APPGL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.2% |
现金转化率APPGL
| Q1 26 | 1.07× | — | ||
| Q4 25 | 1.19× | 1.32× | ||
| Q3 25 | 1.26× | 0.79× | ||
| Q2 25 | 0.94× | 1.22× | ||
| Q1 25 | 1.44× | 1.70× | ||
| Q4 24 | 1.17× | 1.32× | ||
| Q3 24 | 1.27× | 1.12× | ||
| Q2 24 | 1.47× | 1.45× |
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
GL
| Life Segment | $849.6M | 56% |
| Health Segment | $392.3M | 26% |
| Investment Segment | $281.4M | 19% |
