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亚朵集团（ATAT）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
亚朵集团的季度营收约是Reddit, Inc.的1.2倍（$789.6M vs $663.0M），Reddit, Inc.净利率更高（30.8% vs 17.6%，领先13.2%），亚朵集团同比增速更快（252.5% vs 69.0%），Reddit, Inc.自由现金流更多（$311.0M vs $210.7M）
亚朵生活控股是中国领先的文旅生活服务企业，主营中高端连锁酒店运营业务，面向商旅及休闲出行人群提供高品质住宿服务，同时配套布局生活文创零售、场景体验等多元业务，覆盖国内核心城市及部分海外市场。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
ATAT vs RDDT — 直观对比
营收规模更大
ATAT
是对方的1.2倍
$663.0M
营收增速更快
ATAT
高出183.5%
69.0%
净利率更高
RDDT
高出13.2%
17.6%
自由现金流更多
RDDT
多$100.3M
$210.7M
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $789.6M | $663.0M |
| 净利润 | $139.1M | $204.0M |
| 毛利率 | — | 100.0% |
| 营业利润率 | 22.5% | 0.0% |
| 净利率 | 17.6% | 30.8% |
| 营收同比 | 252.5% | 69.0% |
| 净利润同比 | 322.2% | 680.0% |
| 每股收益（稀释后） | $0.33 | $1.01 |
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ATATRDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | — | $725.6M | ||
| Q3 25 | $789.6M | $584.9M | ||
| Q2 25 | — | $499.6M | ||
| Q1 25 | — | $392.4M | ||
| Q4 24 | — | $427.7M | ||
| Q3 24 | $224.0M | $348.4M | ||
| Q2 24 | — | $281.2M |
净利润ATATRDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | — | $251.6M | ||
| Q3 25 | $139.1M | $162.7M | ||
| Q2 25 | — | $89.3M | ||
| Q1 25 | — | $26.2M | ||
| Q4 24 | — | $71.0M | ||
| Q3 24 | $33.0M | $29.9M | ||
| Q2 24 | — | $-10.1M |
毛利率ATATRDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% |
营业利润率ATATRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | — | 31.9% | ||
| Q3 25 | 22.5% | 23.7% | ||
| Q2 25 | — | 13.6% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | 14.7% | 2.0% | ||
| Q2 24 | — | -11.0% |
净利率ATATRDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | — | 34.7% | ||
| Q3 25 | 17.6% | 27.8% | ||
| Q2 25 | — | 17.9% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 14.7% | 8.6% | ||
| Q2 24 | — | -3.6% |
每股收益（稀释后）ATATRDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | — | $1.24 | ||
| Q3 25 | $0.33 | $0.80 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $4.76 | ||
| Q3 24 | $0.08 | $0.16 | ||
| Q2 24 | — | $-0.06 |
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 | $669.2M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $405.0M | $3.2B |
| 总资产 | $1.1B | $3.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ATATRDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $953.6M | ||
| Q3 25 | $669.2M | $911.7M | ||
| Q2 25 | — | $734.1M | ||
| Q1 25 | — | $635.7M | ||
| Q4 24 | — | $562.1M | ||
| Q3 24 | $506.0M | $515.9M | ||
| Q2 24 | — | $468.0M |
股东权益ATATRDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $405.0M | $2.6B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $291.3M | $2.0B | ||
| Q2 24 | — | $1.9B |
总资产ATATRDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | $1.1B | $2.9B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $927.8M | $2.2B | ||
| Q2 24 | — | $2.1B |
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 | $216.6M | — |
| 自由现金流经营现金流 - 资本支出 | $210.7M | $311.0M |
| 自由现金流率自由现金流/营收 | 26.7% | 46.9% |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 1.56× | — |
| 过去12个月自由现金流最近4个季度 | $359.6M | $868.6M |
8季度趋势，按日历期对齐
经营现金流ATATRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | $266.8M | ||
| Q3 25 | $216.6M | $185.2M | ||
| Q2 25 | — | $111.3M | ||
| Q1 25 | — | $127.6M | ||
| Q4 24 | — | $90.0M | ||
| Q3 24 | $84.8M | $71.6M | ||
| Q2 24 | — | $28.4M |
自由现金流ATATRDDT
| Q1 26 | — | $311.0M | ||
| Q4 25 | — | $263.6M | ||
| Q3 25 | $210.7M | $183.1M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $126.6M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | $83.3M | $70.3M | ||
| Q2 24 | — | $27.2M |
自由现金流率ATATRDDT
| Q1 26 | — | 46.9% | ||
| Q4 25 | — | 36.3% | ||
| Q3 25 | 26.7% | 31.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | 37.2% | 20.2% | ||
| Q2 24 | — | 9.7% |
资本支出强度ATATRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | 0.8% | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 0.7% | 0.4% | ||
| Q2 24 | — | 0.4% |
现金转化率ATATRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | 1.56× | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 2.57× | 2.40× | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
