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AXIS CAPITAL HOLDINGS LTD（AXS）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
AXIS CAPITAL HOLDINGS LTD的季度营收约是Snap Inc的1.1倍（$1.6B vs $1.5B），AXIS CAPITAL HOLDINGS LTD净利率更高（15.5% vs -5.8%，领先21.3%），Snap Inc同比增速更快（12.1% vs 8.0%），过去两年Snap Inc的营收复合增速更高（11.2% vs 6.4%）
AXIS资本控股有限公司是AXIS集团的控股主体，通过百慕大、美国、加拿大、欧洲及新加坡的子公司与分支机构网络，提供各类风险转移产品及服务。保险业务覆盖财产、职业责任、恐怖主义、航运、能源、环境等领域，再保险业务包含财产、职业责任、信用债券等品类。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
AXS vs SNAP — 直观对比
营收规模更大
AXS
是对方的1.1倍
$1.5B
营收增速更快
SNAP
高出4.2%
8.0%
净利率更高
AXS
高出21.3%
-5.8%
两年增速更快
SNAP
近两年复合增速
6.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.5B |
| 净利润 | $254.8M | $-89.0M |
| 毛利率 | — | 56.5% |
| 营业利润率 | 15.6% | -4.9% |
| 净利率 | 15.5% | -5.8% |
| 营收同比 | 8.0% | 12.1% |
| 净利润同比 | 31.3% | 36.3% |
| 每股收益（稀释后） | — | $-0.05 |
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AXSSNAP
| Q1 26 | $1.6B | $1.5B | ||
| Q4 25 | $1.7B | $1.7B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.6B | $1.3B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.5B | $1.6B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.5B | $1.2B |
净利润AXSSNAP
| Q1 26 | $254.8M | $-89.0M | ||
| Q4 25 | $289.6M | $45.2M | ||
| Q3 25 | $301.9M | $-103.5M | ||
| Q2 25 | $223.4M | $-262.6M | ||
| Q1 25 | $194.1M | $-139.6M | ||
| Q4 24 | $293.6M | $9.1M | ||
| Q3 24 | $180.7M | $-153.2M | ||
| Q2 24 | $212.0M | $-248.6M |
毛利率AXSSNAP
| Q1 26 | — | 56.5% | ||
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% |
营业利润率AXSSNAP
| Q1 26 | 15.6% | -4.9% | ||
| Q4 25 | 19.0% | 2.9% | ||
| Q3 25 | 22.1% | -8.5% | ||
| Q2 25 | 17.2% | -19.3% | ||
| Q1 25 | 15.5% | -14.2% | ||
| Q4 24 | 18.6% | -1.7% | ||
| Q3 24 | 14.2% | -12.6% | ||
| Q2 24 | 17.4% | -20.5% |
净利率AXSSNAP
| Q1 26 | 15.5% | -5.8% | ||
| Q4 25 | 16.7% | 2.6% | ||
| Q3 25 | 18.0% | -6.9% | ||
| Q2 25 | 13.7% | -19.5% | ||
| Q1 25 | 12.8% | -10.2% | ||
| Q4 24 | 20.0% | 0.6% | ||
| Q3 24 | 11.2% | -11.2% | ||
| Q2 24 | 14.6% | -20.1% |
每股收益（稀释后）AXSSNAP
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $3.63 | $0.03 | ||
| Q3 25 | $3.74 | $-0.06 | ||
| Q2 25 | $2.72 | $-0.16 | ||
| Q1 25 | $2.26 | $-0.08 | ||
| Q4 24 | $3.38 | $0.01 | ||
| Q3 24 | $2.04 | $-0.09 | ||
| Q2 24 | $2.40 | $-0.15 |
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 | $862.5M | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $2.1B |
| 总资产 | $35.6B | $7.5B |
| 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AXSSNAP
| Q1 26 | $862.5M | $1.1B | ||
| Q4 25 | $820.3M | $2.9B | ||
| Q3 25 | $825.9M | $3.0B | ||
| Q2 25 | $852.1M | $2.9B | ||
| Q1 25 | $2.8B | $3.2B | ||
| Q4 24 | $2.1B | $3.4B | ||
| Q3 24 | $981.0M | $3.2B | ||
| Q2 24 | $1.1B | $3.1B |
总债务AXSSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益AXSSNAP
| Q1 26 | $6.4B | $2.1B | ||
| Q4 25 | $6.4B | $2.3B | ||
| Q3 25 | $6.4B | $2.2B | ||
| Q2 25 | $6.2B | $2.1B | ||
| Q1 25 | $5.9B | $2.3B | ||
| Q4 24 | $6.1B | $2.5B | ||
| Q3 24 | $6.1B | $2.2B | ||
| Q2 24 | $5.7B | $2.1B |
总资产AXSSNAP
| Q1 26 | $35.6B | $7.5B | ||
| Q4 25 | $34.5B | $7.7B | ||
| Q3 25 | $34.3B | $7.6B | ||
| Q2 25 | $34.2B | $7.4B | ||
| Q1 25 | $33.2B | $7.6B | ||
| Q4 24 | $32.5B | $7.9B | ||
| Q3 24 | $32.7B | $7.6B | ||
| Q2 24 | $32.1B | $7.4B |
负债/权益比AXSSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $326.8M |
| 自由现金流经营现金流 - 资本支出 | — | $286.0M |
| 自由现金流率自由现金流/营收 | — | 18.7% |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | $608.8M |
8季度趋势，按日历期对齐
经营现金流AXSSNAP
| Q1 26 | — | $326.8M | ||
| Q4 25 | $630.4M | $269.6M | ||
| Q3 25 | $673.8M | $146.5M | ||
| Q2 25 | $-1.7B | $88.5M | ||
| Q1 25 | $309.1M | $151.6M | ||
| Q4 24 | $355.5M | $230.6M | ||
| Q3 24 | $587.0M | $115.9M | ||
| Q2 24 | $518.1M | $-21.4M |
自由现金流AXSSNAP
| Q1 26 | — | $286.0M | ||
| Q4 25 | — | $205.6M | ||
| Q3 25 | — | $93.4M | ||
| Q2 25 | — | $23.8M | ||
| Q1 25 | — | $114.4M | ||
| Q4 24 | — | $182.4M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $-73.4M |
自由现金流率AXSSNAP
| Q1 26 | — | 18.7% | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | -5.9% |
资本支出强度AXSSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.2% |
现金转化率AXSSNAP
| Q1 26 | — | — | ||
| Q4 25 | 2.18× | 5.96× | ||
| Q3 25 | 2.23× | — | ||
| Q2 25 | -7.41× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 1.21× | 25.34× | ||
| Q3 24 | 3.25× | — | ||
| Q2 24 | 2.44× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
