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Autohome Inc.（ATHM）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是Autohome Inc.的2.9倍（$725.6M vs $249.8M）。Reddit, Inc.净利率更高（34.7% vs 23.8%，领先10.9%）。过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
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。
ATHM vs RDDT — 直观对比
营收规模更大
RDDT
是对方的2.9倍
$249.8M
净利率更高
RDDT
高出10.9%
23.8%
两年增速更快
RDDT
近两年复合增速
-0.6%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $249.8M | $725.6M |
| 净利润 | $59.4M | $251.6M |
| 毛利率 | 63.7% | 91.9% |
| 营业利润率 | 8.3% | 31.9% |
| 净利率 | 23.8% | 34.7% |
| 营收同比 | — | 69.7% |
| 净利润同比 | — | 254.2% |
| 每股收益（稀释后） | — | $1.24 |
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ATHMRDDT
| Q4 25 | — | $725.6M | ||
| Q3 25 | $249.8M | $584.9M | ||
| Q2 25 | $245.4M | $499.6M | ||
| Q1 25 | $244.3M | $392.4M | ||
| Q4 24 | — | $427.7M | ||
| Q3 24 | $252.9M | $348.4M | ||
| Q2 24 | $257.7M | $281.2M | ||
| Q1 24 | $222.9M | $243.0M |
净利润ATHMRDDT
| Q4 25 | — | $251.6M | ||
| Q3 25 | $59.4M | $162.7M | ||
| Q2 25 | $56.0M | $89.3M | ||
| Q1 25 | — | $26.2M | ||
| Q4 24 | — | $71.0M | ||
| Q3 24 | $61.0M | $29.9M | ||
| Q2 24 | $69.3M | $-10.1M | ||
| Q1 24 | $52.4M | $-575.1M |
毛利率ATHMRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | 63.7% | 91.0% | ||
| Q2 25 | 71.4% | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | 77.0% | 90.1% | ||
| Q2 24 | 81.5% | 89.5% | ||
| Q1 24 | 81.3% | 88.6% |
营业利润率ATHMRDDT
| Q4 25 | — | 31.9% | ||
| Q3 25 | 8.3% | 23.7% | ||
| Q2 25 | 16.9% | 13.6% | ||
| Q1 25 | 13.0% | 1.0% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | 4.7% | 2.0% | ||
| Q2 24 | 22.0% | -11.0% | ||
| Q1 24 | 17.2% | -242.5% |
净利率ATHMRDDT
| Q4 25 | — | 34.7% | ||
| Q3 25 | 23.8% | 27.8% | ||
| Q2 25 | 22.8% | 17.9% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 24.1% | 8.6% | ||
| Q2 24 | 26.9% | -3.6% | ||
| Q1 24 | 23.5% | -236.7% |
每股收益（稀释后）ATHMRDDT
| Q4 25 | — | $1.24 | ||
| Q3 25 | — | $0.80 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $4.76 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | — | $-0.06 | ||
| Q1 24 | — | $-8.19 |
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 | — | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $2.9B |
| 总资产 | — | $3.2B |
| 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ATHMRDDT
| Q4 25 | — | $953.6M | ||
| Q3 25 | — | $911.7M | ||
| Q2 25 | — | $734.1M | ||
| Q1 25 | — | $635.7M | ||
| Q4 24 | — | $562.1M | ||
| Q3 24 | — | $515.9M | ||
| Q2 24 | — | $468.0M | ||
| Q1 24 | — | $968.5M |
股东权益ATHMRDDT
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.8B |
总资产ATHMRDDT
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.0B |
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 | — | $266.8M |
| 自由现金流经营现金流 - 资本支出 | — | $263.6M |
| 自由现金流率自由现金流/营收 | — | 36.3% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | — | $684.2M |
8季度趋势，按日历期对齐
经营现金流ATHMRDDT
| Q4 25 | — | $266.8M | ||
| Q3 25 | — | $185.2M | ||
| Q2 25 | — | $111.3M | ||
| Q1 25 | — | $127.6M | ||
| Q4 24 | — | $90.0M | ||
| Q3 24 | — | $71.6M | ||
| Q2 24 | — | $28.4M | ||
| Q1 24 | — | $32.1M |
自由现金流ATHMRDDT
| Q4 25 | — | $263.6M | ||
| Q3 25 | — | $183.1M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $126.6M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | — | $70.3M | ||
| Q2 24 | — | $27.2M | ||
| Q1 24 | — | $29.2M |
自由现金流率ATHMRDDT
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 31.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 12.0% |
资本支出强度ATHMRDDT
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 1.2% |
现金转化率ATHMRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
