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AppLovin Corp（APP）与实耐宝（SNA）财务数据对比。点击上方公司名可切换其他公司
AppLovin Corp的季度营收约是实耐宝的1.1倍（$1.3B vs $1.2B），AppLovin Corp净利率更高（82.7% vs 21.3%，领先61.4%），实耐宝同比增速更快（2.7% vs -2.9%），过去两年AppLovin Corp的营收复合增速更高（12.2% vs 2.0%）
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。
实耐宝（Snap-on）是美国高端专业工具及设备的设计、制造与销售企业，产品广泛应用于汽车、重型装备、船舶、航空、铁路等交通运输行业的专业场景，1930年起总部设于威斯康星州基诺沙，旗下另设Blue-Point品牌主打平价工具线，核心竞争对手包含Matco、Mac Tools、Cornwell Tools等。
APP vs SNA — 直观对比
营收规模更大
APP
是对方的1.1倍
$1.2B
营收增速更快
SNA
高出5.6%
-2.9%
净利率更高
APP
高出61.4%
21.3%
两年增速更快
APP
近两年复合增速
2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $1.1B | $260.7M |
| 毛利率 | 95.2% | — |
| 营业利润率 | — | 27.8% |
| 净利率 | 82.7% | 21.3% |
| 营收同比 | -2.9% | 2.7% |
| 净利润同比 | 84.0% | 1.0% |
| 每股收益（稀释后） | $3.24 | $4.94 |
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APPSNA
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
净利润APPSNA
| Q4 25 | $1.1B | $260.7M | ||
| Q3 25 | $835.5M | $265.4M | ||
| Q2 25 | $819.5M | $250.3M | ||
| Q1 25 | $576.4M | $240.5M | ||
| Q4 24 | $599.2M | $258.1M | ||
| Q3 24 | $434.4M | $251.1M | ||
| Q2 24 | $310.0M | $271.2M | ||
| Q1 24 | $236.2M | $263.5M |
毛利率APPSNA
| 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APPSNA
| Q4 25 | — | 27.8% | ||
| Q3 25 | 76.8% | 29.4% | ||
| Q2 25 | 76.1% | 28.0% | ||
| Q1 25 | 44.7% | 27.7% | ||
| Q4 24 | 44.3% | 27.9% | ||
| Q3 24 | 44.6% | 28.4% | ||
| Q2 24 | 36.2% | 29.9% | ||
| Q1 24 | 32.1% | 28.9% |
净利率APPSNA
| Q4 25 | 82.7% | 21.3% | ||
| Q3 25 | 59.5% | 22.5% | ||
| Q2 25 | 65.1% | 21.4% | ||
| Q1 25 | 38.8% | 21.2% | ||
| Q4 24 | 43.6% | 21.7% | ||
| Q3 24 | 36.3% | 22.0% | ||
| Q2 24 | 28.7% | 23.1% | ||
| Q1 24 | 22.3% | 22.4% |
每股收益（稀释后）APPSNA
| Q4 25 | $3.24 | $4.94 | ||
| Q3 25 | $2.45 | $5.02 | ||
| Q2 25 | $2.39 | $4.72 | ||
| Q1 25 | $1.67 | $4.51 | ||
| Q4 24 | $1.72 | $4.83 | ||
| Q3 24 | $1.25 | $4.70 | ||
| Q2 24 | $0.89 | $5.07 | ||
| Q1 24 | $0.67 | $4.91 |
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 | — |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $2.1B | — |
| 总资产 | $7.3B | — |
| 负债/权益比越低杠杆越低 | 1.65× | — |
8季度趋势，按日历期对齐
现金及短期投资APPSNA
| Q4 25 | $2.5B | — | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $551.0M | $1.4B | ||
| Q4 24 | $741.4M | $1.4B | ||
| Q3 24 | $567.6M | $1.3B | ||
| Q2 24 | $460.4M | $1.2B | ||
| Q1 24 | $436.3M | $1.1B |
总债务APPSNA
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益APPSNA
| Q4 25 | $2.1B | — | ||
| Q3 25 | $1.5B | $5.8B | ||
| Q2 25 | $1.2B | $5.7B | ||
| Q1 25 | $575.4M | $5.5B | ||
| Q4 24 | $1.1B | $5.4B | ||
| Q3 24 | $938.2M | $5.5B | ||
| Q2 24 | $814.8M | $5.3B | ||
| Q1 24 | $760.2M | $5.1B |
总资产APPSNA
| Q4 25 | $7.3B | — | ||
| Q3 25 | $6.3B | $8.4B | ||
| Q2 25 | $6.0B | $8.2B | ||
| Q1 25 | $5.7B | $8.1B | ||
| Q4 24 | $5.9B | $7.9B | ||
| Q3 24 | $5.4B | $8.0B | ||
| Q2 24 | $5.3B | $7.8B | ||
| Q1 24 | $5.3B | $7.7B |
负债/权益比APPSNA
| Q4 25 | 1.65× | — | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.22× | 0.22× | ||
| 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 | $268.1M |
| 自由现金流经营现金流 - 资本支出 | — | $254.6M |
| 自由现金流率自由现金流/营收 | — | 20.8% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | 1.19× | 1.03× |
| 过去12个月自由现金流最近4个季度 | — | $1.0B |
8季度趋势，按日历期对齐
经营现金流APPSNA
| Q4 25 | $1.3B | $268.1M | ||
| Q3 25 | $1.1B | $277.9M | ||
| Q2 25 | $772.2M | $237.2M | ||
| Q1 25 | $831.7M | $298.5M | ||
| Q4 24 | $701.0M | $293.5M | ||
| Q3 24 | $550.7M | $274.2M | ||
| Q2 24 | $454.5M | $301.1M | ||
| Q1 24 | $392.8M | $348.7M |
自由现金流APPSNA
| Q4 25 | — | $254.6M | ||
| Q3 25 | — | $258.0M | ||
| Q2 25 | — | $217.5M | ||
| Q1 25 | — | $275.6M | ||
| Q4 24 | — | $275.4M | ||
| Q3 24 | — | $253.8M | ||
| Q2 24 | — | $277.9M | ||
| Q1 24 | — | $326.9M |
自由现金流率APPSNA
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.8% | ||
| Q2 25 | — | 18.6% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 23.7% | ||
| Q1 24 | — | 27.8% |
资本支出强度APPSNA
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 1.9% |
现金转化率APPSNA
| Q4 25 | 1.19× | 1.03× | ||
| Q3 25 | 1.26× | 1.05× | ||
| Q2 25 | 0.94× | 0.95× | ||
| Q1 25 | 1.44× | 1.24× | ||
| Q4 24 | 1.17× | 1.14× | ||
| Q3 24 | 1.27× | 1.09× | ||
| Q2 24 | 1.47× | 1.11× | ||
| Q1 24 | 1.66× | 1.32× |
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% |
SNA
暂无分部数据
