vs
AppLovin Corp（APP）与Worthington Steel, Inc.（WS）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Worthington Steel, Inc.的2.1倍（$1.8B vs $871.9M），AppLovin Corp净利率更高（65.5% vs 2.2%，领先63.3%），AppLovin Corp同比增速更快（59.0% vs 18.0%），AppLovin Corp自由现金流更多（$1.3B vs $74.6M），过去两年AppLovin Corp的营收复合增速更高（30.6% vs 3.9%）
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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
APP vs WS — 直观对比
营收规模更大
APP
是对方的2.1倍
$871.9M
营收增速更快
APP
高出41.0%
18.0%
净利率更高
APP
高出63.3%
2.2%
自由现金流更多
APP
多$1.2B
$74.6M
两年增速更快
APP
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $871.9M |
| 净利润 | $1.2B | $18.8M |
| 毛利率 | 88.9% | 10.7% |
| 营业利润率 | 78.2% | 2.5% |
| 净利率 | 65.5% | 2.2% |
| 营收同比 | 59.0% | 18.0% |
| 净利润同比 | 109.2% | 46.9% |
| 每股收益（稀释后） | $3.56 | $0.37 |
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APPWS
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.3B | $871.9M | ||
| Q3 25 | $1.4B | $872.9M | ||
| Q2 25 | $1.3B | $832.9M | ||
| Q1 25 | $1.5B | $687.4M | ||
| Q4 24 | $1.4B | $739.0M | ||
| Q3 24 | $1.2B | $834.0M | ||
| Q2 24 | $1.1B | — |
净利润APPWS
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.1B | $18.8M | ||
| Q3 25 | $835.5M | $36.8M | ||
| Q2 25 | $819.5M | $55.7M | ||
| Q1 25 | $576.4M | $13.8M | ||
| Q4 24 | $599.2M | $12.8M | ||
| Q3 24 | $434.4M | $28.4M | ||
| Q2 24 | $310.0M | — |
毛利率APPWS
| Q1 26 | 88.9% | — | ||
| Q4 25 | 95.2% | 10.7% | ||
| Q3 25 | 87.6% | 13.2% | ||
| Q2 25 | 87.7% | 15.2% | ||
| Q1 25 | 81.7% | 11.8% | ||
| Q4 24 | 76.7% | 10.8% | ||
| Q3 24 | 77.5% | 12.0% | ||
| Q2 24 | 73.8% | — |
营业利润率APPWS
| Q1 26 | 78.2% | — | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | 76.8% | 5.5% | ||
| Q2 25 | 76.1% | 8.0% | ||
| Q1 25 | 44.7% | 2.7% | ||
| Q4 24 | 44.3% | 2.6% | ||
| Q3 24 | 44.6% | 5.2% | ||
| Q2 24 | 36.2% | — |
净利率APPWS
| Q1 26 | 65.5% | — | ||
| Q4 25 | 82.7% | 2.2% | ||
| Q3 25 | 59.5% | 4.2% | ||
| Q2 25 | 65.1% | 6.7% | ||
| Q1 25 | 38.8% | 2.0% | ||
| Q4 24 | 43.6% | 1.7% | ||
| Q3 24 | 36.3% | 3.4% | ||
| Q2 24 | 28.7% | — |
每股收益（稀释后）APPWS
| Q1 26 | $3.56 | — | ||
| Q4 25 | $3.24 | $0.37 | ||
| Q3 25 | $2.45 | $0.72 | ||
| Q2 25 | $2.39 | $1.11 | ||
| Q1 25 | $1.67 | $0.27 | ||
| Q4 24 | $1.72 | $0.25 | ||
| Q3 24 | $1.25 | $0.56 | ||
| Q2 24 | $0.89 | — |
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 | $89.8M |
| 总债务越低越好 | $3.5B | $72.1M |
| 股东权益账面价值 | $2.4B | $1.1B |
| 总资产 | $7.7B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.49× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资APPWS
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.5B | $89.8M | ||
| Q3 25 | $1.7B | $78.3M | ||
| Q2 25 | $1.2B | $38.0M | ||
| Q1 25 | $551.0M | $63.3M | ||
| Q4 24 | $741.4M | $52.0M | ||
| Q3 24 | $567.6M | $36.0M | ||
| Q2 24 | $460.4M | — |
总债务APPWS
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $72.1M | ||
| Q3 25 | — | $73.4M | ||
| Q2 25 | — | $151.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | $115.0M | ||
| Q3 24 | — | $122.2M | ||
| Q2 24 | — | — |
股东权益APPWS
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $575.4M | $1.0B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $938.2M | $1.0B | ||
| Q2 24 | $814.8M | — |
总资产APPWS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.3B | $2.1B | ||
| Q3 25 | $6.3B | $2.2B | ||
| Q2 25 | $6.0B | $2.0B | ||
| Q1 25 | $5.7B | $1.8B | ||
| Q4 24 | $5.9B | $1.7B | ||
| Q3 24 | $5.4B | $1.8B | ||
| Q2 24 | $5.3B | — |
负债/权益比APPWS
| Q1 26 | 1.49× | — | ||
| Q4 25 | 1.65× | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.22× | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| 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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $74.6M |
| 自由现金流率自由现金流/营收 | 69.8% | 8.6% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | 1.07× | 5.28× |
| 过去12个月自由现金流最近4个季度 | — | $72.5M |
8季度趋势，按日历期对齐
经营现金流APPWS
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $99.3M | ||
| Q3 25 | $1.1B | $-6.3M | ||
| Q2 25 | $772.2M | $53.9M | ||
| Q1 25 | $831.7M | $53.8M | ||
| Q4 24 | $701.0M | $68.0M | ||
| Q3 24 | $550.7M | $54.6M | ||
| Q2 24 | $454.5M | — |
自由现金流APPWS
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $74.6M | ||
| Q3 25 | — | $-35.7M | ||
| Q2 25 | — | $8.4M | ||
| Q1 25 | — | $25.2M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $33.1M | ||
| Q2 24 | — | — |
自由现金流率APPWS
| Q1 26 | 69.8% | — | ||
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | — |
资本支出强度APPWS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | — |
现金转化率APPWS
| Q1 26 | 1.07× | — | ||
| Q4 25 | 1.19× | 5.28× | ||
| Q3 25 | 1.26× | -0.17× | ||
| Q2 25 | 0.94× | 0.97× | ||
| Q1 25 | 1.44× | 3.90× | ||
| Q4 24 | 1.17× | 5.31× | ||
| Q3 24 | 1.27× | 1.92× | ||
| Q2 24 | 1.47× | — |
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
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
