vs
AppLovin Corp（APP）与Sylvamo Corp（SLVM）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Sylvamo Corp的1.5倍（$1.3B vs $890.0M），AppLovin Corp净利率更高（82.7% vs 3.7%，领先79.0%），AppLovin Corp同比增速更快（-2.9% vs -8.2%），过去两年AppLovin Corp的营收复合增速更高（12.2% vs -0.8%）
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。
西尔瓦莫公司是全球领先的可持续纸浆与纸品生产商，核心产品包括非涂布印刷纸、包装纸及商用纸浆，业务覆盖北美、欧洲、拉美地区，服务办公耗材、出版、商业印刷、包装等多个领域。
APP vs SLVM — 直观对比
营收规模更大
APP
是对方的1.5倍
$890.0M
营收增速更快
APP
高出5.3%
-8.2%
净利率更高
APP
高出79.0%
3.7%
两年增速更快
APP
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $890.0M |
| 净利润 | $1.1B | $33.0M |
| 毛利率 | 95.2% | — |
| 营业利润率 | — | 8.9% |
| 净利率 | 82.7% | 3.7% |
| 营收同比 | -2.9% | -8.2% |
| 净利润同比 | 84.0% | -59.3% |
| 每股收益（稀释后） | $3.24 | $0.81 |
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APPSLVM
| Q4 25 | $1.3B | $890.0M | ||
| Q3 25 | $1.4B | $846.0M | ||
| Q2 25 | $1.3B | $794.0M | ||
| Q1 25 | $1.5B | $821.0M | ||
| Q4 24 | $1.4B | $970.0M | ||
| Q3 24 | $1.2B | $965.0M | ||
| Q2 24 | $1.1B | $933.0M | ||
| Q1 24 | $1.1B | $905.0M |
净利润APPSLVM
| Q4 25 | $1.1B | $33.0M | ||
| Q3 25 | $835.5M | $57.0M | ||
| Q2 25 | $819.5M | $15.0M | ||
| Q1 25 | $576.4M | $27.0M | ||
| Q4 24 | $599.2M | $81.0M | ||
| Q3 24 | $434.4M | $95.0M | ||
| Q2 24 | $310.0M | $83.0M | ||
| Q1 24 | $236.2M | $43.0M |
毛利率APPSLVM
| 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APPSLVM
| Q4 25 | — | 8.9% | ||
| Q3 25 | 76.8% | 11.6% | ||
| Q2 25 | 76.1% | 3.8% | ||
| Q1 25 | 44.7% | 5.4% | ||
| Q4 24 | 44.3% | 11.2% | ||
| Q3 24 | 44.6% | 15.5% | ||
| Q2 24 | 36.2% | 13.1% | ||
| Q1 24 | 32.1% | 8.0% |
净利率APPSLVM
| Q4 25 | 82.7% | 3.7% | ||
| Q3 25 | 59.5% | 6.7% | ||
| Q2 25 | 65.1% | 1.9% | ||
| Q1 25 | 38.8% | 3.3% | ||
| Q4 24 | 43.6% | 8.4% | ||
| Q3 24 | 36.3% | 9.8% | ||
| Q2 24 | 28.7% | 8.9% | ||
| Q1 24 | 22.3% | 4.8% |
每股收益（稀释后）APPSLVM
| Q4 25 | $3.24 | $0.81 | ||
| Q3 25 | $2.45 | $1.41 | ||
| Q2 25 | $2.39 | $0.37 | ||
| Q1 25 | $1.67 | $0.65 | ||
| Q4 24 | $1.72 | $1.91 | ||
| Q3 24 | $1.25 | $2.27 | ||
| Q2 24 | $0.89 | $1.98 | ||
| Q1 24 | $0.67 | $1.02 |
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 | $198.0M |
| 总债务越低越好 | $3.5B | $763.0M |
| 股东权益账面价值 | $2.1B | $966.0M |
| 总资产 | $7.3B | $2.8B |
| 负债/权益比越低杠杆越低 | 1.65× | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资APPSLVM
| Q4 25 | $2.5B | $198.0M | ||
| Q3 25 | $1.7B | $146.0M | ||
| Q2 25 | $1.2B | $183.0M | ||
| Q1 25 | $551.0M | $220.0M | ||
| Q4 24 | $741.4M | $309.0M | ||
| Q3 24 | $567.6M | $414.0M | ||
| Q2 24 | $460.4M | $213.0M | ||
| Q1 24 | $436.3M | $218.0M |
总债务APPSLVM
| Q4 25 | $3.5B | $763.0M | ||
| Q3 25 | — | $778.0M | ||
| Q2 25 | — | $767.0M | ||
| Q1 25 | — | $794.0M | ||
| Q4 24 | $3.5B | $782.0M | ||
| Q3 24 | — | $883.0M | ||
| Q2 24 | — | $894.0M | ||
| Q1 24 | — | $921.0M |
股东权益APPSLVM
| Q4 25 | $2.1B | $966.0M | ||
| Q3 25 | $1.5B | $977.0M | ||
| Q2 25 | $1.2B | $959.0M | ||
| Q1 25 | $575.4M | $908.0M | ||
| Q4 24 | $1.1B | $847.0M | ||
| Q3 24 | $938.2M | $937.0M | ||
| Q2 24 | $814.8M | $830.0M | ||
| Q1 24 | $760.2M | $889.0M |
总资产APPSLVM
| Q4 25 | $7.3B | $2.8B | ||
| Q3 25 | $6.3B | $2.7B | ||
| Q2 25 | $6.0B | $2.7B | ||
| Q1 25 | $5.7B | $2.6B | ||
| Q4 24 | $5.9B | $2.6B | ||
| Q3 24 | $5.4B | $2.9B | ||
| Q2 24 | $5.3B | $2.7B | ||
| Q1 24 | $5.3B | $2.6B |
负债/权益比APPSLVM
| Q4 25 | 1.65× | 0.79× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | 3.22× | 0.92× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | — | 1.08× | ||
| Q1 24 | — | 1.04× |
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 | $94.0M |
| 自由现金流经营现金流 - 资本支出 | — | $38.0M |
| 自由现金流率自由现金流/营收 | — | 4.3% |
| 资本支出强度资本支出/营收 | — | 6.3% |
| 现金转化率经营现金流/净利润 | 1.19× | 2.85× |
| 过去12个月自由现金流最近4个季度 | — | $44.0M |
8季度趋势，按日历期对齐
经营现金流APPSLVM
| Q4 25 | $1.3B | $94.0M | ||
| Q3 25 | $1.1B | $87.0M | ||
| Q2 25 | $772.2M | $64.0M | ||
| Q1 25 | $831.7M | $23.0M | ||
| Q4 24 | $701.0M | $164.0M | ||
| Q3 24 | $550.7M | $163.0M | ||
| Q2 24 | $454.5M | $115.0M | ||
| Q1 24 | $392.8M | $27.0M |
自由现金流APPSLVM
| Q4 25 | — | $38.0M | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | — | $-2.0M | ||
| Q1 25 | — | $-25.0M | ||
| Q4 24 | — | $100.0M | ||
| Q3 24 | — | $119.0M | ||
| Q2 24 | — | $62.0M | ||
| Q1 24 | — | $-33.0M |
自由现金流率APPSLVM
| Q4 25 | — | 4.3% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | -0.3% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | -3.6% |
资本支出强度APPSLVM
| Q4 25 | — | 6.3% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | 5.8% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | 6.6% |
现金转化率APPSLVM
| Q4 25 | 1.19× | 2.85× | ||
| Q3 25 | 1.26× | 1.53× | ||
| Q2 25 | 0.94× | 4.27× | ||
| Q1 25 | 1.44× | 0.85× | ||
| Q4 24 | 1.17× | 2.02× | ||
| Q3 24 | 1.27× | 1.72× | ||
| Q2 24 | 1.47× | 1.39× | ||
| Q1 24 | 1.66× | 0.63× |
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% |
SLVM
暂无分部数据
