vs
Autohome Inc.（ATHM）与D-Wave Quantum Inc.（QBTS）财务数据对比。点击上方公司名可切换其他公司
Autohome Inc.的季度营收约是D-Wave Quantum Inc.的90.8倍（$249.8M vs $2.8M）。Autohome Inc.净利率更高（23.8% vs -1538.0%，领先1561.8%）。过去两年D-Wave Quantum Inc.的营收复合增速更高（5.7% vs -0.6%）
Autohome Inc. 是曾经的高速有线互联网服务提供商，运营于1996年至2002年。由米洛·梅丁与电信通讯公司（TCI）、康卡斯特、考克斯通信，以及首任CEO威廉·伦道夫·赫斯特三世共同创立，是通过双向有线电视基础设施提供高速上网服务的合资企业，巅峰时期为美国、加拿大、日本、澳大利亚等地的410万用户提供服务。
D-Wave量子公司是专注量子计算领域的科技企业，在美国加利福尼亚州帕洛阿尔托、加拿大不列颠哥伦比亚省本拿比均设有办公点。该公司自称是全球首家销售基于量子效应运行的计算机的企业，客户包括洛克希德·马丁、南加州大学、谷歌与NASA联合项目、洛斯阿拉莫斯国家实验室等。
ATHM vs QBTS — 直观对比
营收规模更大
ATHM
是对方的90.8倍
$2.8M
净利率更高
ATHM
高出1561.8%
-1538.0%
两年增速更快
QBTS
近两年复合增速
-0.6%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $249.8M | $2.8M |
| 净利润 | $59.4M | $-42.3M |
| 毛利率 | 63.7% | 64.8% |
| 营业利润率 | 8.3% | -1266.0% |
| 净利率 | 23.8% | -1538.0% |
| 营收同比 | — | 19.2% |
| 净利润同比 | — | 50.8% |
| 每股收益（稀释后） | — | $-0.13 |
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ATHMQBTS
| Q4 25 | — | $2.8M | ||
| Q3 25 | $249.8M | $3.7M | ||
| Q2 25 | $245.4M | $3.1M | ||
| Q1 25 | $244.3M | $15.0M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | $252.9M | $1.9M | ||
| Q2 24 | $257.7M | $2.2M | ||
| Q1 24 | $222.9M | $2.5M |
净利润ATHMQBTS
| Q4 25 | — | $-42.3M | ||
| Q3 25 | $59.4M | $-140.0M | ||
| Q2 25 | $56.0M | $-167.3M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $-86.1M | ||
| Q3 24 | $61.0M | $-22.7M | ||
| Q2 24 | $69.3M | $-17.8M | ||
| Q1 24 | $52.4M | $-17.3M |
毛利率ATHMQBTS
| Q4 25 | — | 64.8% | ||
| Q3 25 | 63.7% | 71.4% | ||
| Q2 25 | 71.4% | 63.8% | ||
| Q1 25 | — | 92.5% | ||
| Q4 24 | — | 63.8% | ||
| Q3 24 | 77.0% | 55.8% | ||
| Q2 24 | 81.5% | 63.6% | ||
| Q1 24 | 81.3% | 67.3% |
营业利润率ATHMQBTS
| Q4 25 | — | -1266.0% | ||
| Q3 25 | 8.3% | -741.8% | ||
| Q2 25 | 16.9% | -856.3% | ||
| Q1 25 | 13.0% | -75.3% | ||
| Q4 24 | — | -876.2% | ||
| Q3 24 | 4.7% | -1103.5% | ||
| Q2 24 | 22.0% | -863.0% | ||
| Q1 24 | 17.2% | -710.6% |
净利率ATHMQBTS
| Q4 25 | — | -1538.0% | ||
| Q3 25 | 23.8% | -3743.9% | ||
| Q2 25 | 22.8% | -5406.4% | ||
| Q1 25 | — | -36.1% | ||
| Q4 24 | — | -3727.9% | ||
| Q3 24 | 24.1% | -1214.5% | ||
| Q2 24 | 26.9% | -814.4% | ||
| Q1 24 | 23.5% | -702.3% |
每股收益（稀释后）ATHMQBTS
| Q4 25 | — | $-0.13 | ||
| Q3 25 | — | $-0.41 | ||
| Q2 25 | — | $-0.55 | ||
| Q1 25 | — | $-0.02 | ||
| Q4 24 | — | $-0.43 | ||
| Q3 24 | — | $-0.11 | ||
| Q2 24 | — | $-0.10 | ||
| Q1 24 | — | $-0.11 |
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 | — | $884.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $852.2M |
| 总资产 | — | $915.8M |
| 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ATHMQBTS
| Q4 25 | — | $884.5M | ||
| Q3 25 | — | $836.2M | ||
| Q2 25 | — | $819.3M | ||
| Q1 25 | — | $304.3M | ||
| Q4 24 | — | $178.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ATHMQBTS
| Q4 25 | — | $852.2M | ||
| Q3 25 | — | $670.6M | ||
| Q2 25 | — | $694.3M | ||
| Q1 25 | — | $207.4M | ||
| Q4 24 | — | $62.6M | ||
| Q3 24 | — | $-16.9M | ||
| Q2 24 | — | $-21.5M | ||
| Q1 24 | — | $-37.0M |
总资产ATHMQBTS
| Q4 25 | — | $915.8M | ||
| Q3 25 | — | $865.8M | ||
| Q2 25 | — | $843.6M | ||
| Q1 25 | — | $325.6M | ||
| Q4 24 | — | $199.9M | ||
| Q3 24 | — | $49.6M | ||
| Q2 24 | — | $61.8M | ||
| Q1 24 | — | $48.6M |
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 | — | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-20.0M |
| 自由现金流率自由现金流/营收 | — | -727.9% |
| 资本支出强度资本支出/营收 | — | 60.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-75.8M |
8季度趋势，按日历期对齐
经营现金流ATHMQBTS
| Q4 25 | — | $-18.4M | ||
| Q3 25 | — | $-19.0M | ||
| Q2 25 | — | $-15.3M | ||
| Q1 25 | — | $-19.3M | ||
| Q4 24 | — | $2.0M | ||
| Q3 24 | — | $-18.1M | ||
| Q2 24 | — | $-14.5M | ||
| Q1 24 | — | $-12.1M |
自由现金流ATHMQBTS
| Q4 25 | — | $-20.0M | ||
| Q3 25 | — | $-20.1M | ||
| Q2 25 | — | $-16.0M | ||
| Q1 25 | — | $-19.7M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | — | $-18.4M | ||
| Q2 24 | — | $-15.0M | ||
| Q1 24 | — | $-12.4M |
自由现金流率ATHMQBTS
| Q4 25 | — | -727.9% | ||
| Q3 25 | — | -536.5% | ||
| Q2 25 | — | -518.1% | ||
| Q1 25 | — | -131.4% | ||
| Q4 24 | — | 46.2% | ||
| Q3 24 | — | -982.8% | ||
| Q2 24 | — | -687.7% | ||
| Q1 24 | — | -504.0% |
资本支出强度ATHMQBTS
| Q4 25 | — | 60.3% | ||
| Q3 25 | — | 27.2% | ||
| Q2 25 | — | 24.2% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 41.1% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 25.0% | ||
| Q1 24 | — | 12.4% |
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
ATHM
| Online marketplace and others | $114.7M | 46% |
| Leads generation services | $93.2M | 37% |
| Media services | $41.9M | 17% |
QBTS
暂无分部数据
