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BayFirst Financial Corp.（BAFN）与FiscalNote Holdings, Inc.（NOTE）财务数据对比。点击上方公司名可切换其他公司
FiscalNote Holdings, Inc.的季度营收约是BayFirst Financial Corp.的2.1倍（$22.2M vs $10.3M），过去两年FiscalNote Holdings, Inc.的营收复合增速更高（-16.8% vs -29.6%）
PNC金融服务集团是一家总部位于美国宾夕法尼亚州匹兹堡的银行控股金融服务企业。旗下核心子公司PNC银行在美国27个州及华盛顿哥伦比亚特区开展业务，拥有超2600家分支机构和近9500台ATM，按资产、网点数量、存款规模及ATM数量计算，是美国规模名列前茅的大型银行。
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
BAFN vs NOTE — 直观对比
营收规模更大
NOTE
是对方的2.1倍
$10.3M
两年增速更快
NOTE
近两年复合增速
-29.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3M | $22.2M |
| 净利润 | $-5.7M | — |
| 毛利率 | — | — |
| 营业利润率 | — | -83.7% |
| 净利率 | -55.0% | — |
| 营收同比 | — | -24.7% |
| 净利润同比 | -130.6% | — |
| 每股收益（稀释后） | $-1.48 | $-2.81 |
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BAFNNOTE
| Q1 26 | $10.3M | — | ||
| Q4 25 | $11.2M | $22.2M | ||
| Q3 25 | $10.2M | $22.4M | ||
| Q2 25 | $23.1M | $23.3M | ||
| Q1 25 | $19.8M | $27.5M | ||
| Q4 24 | $32.9M | $29.5M | ||
| Q3 24 | $21.7M | $29.4M | ||
| Q2 24 | $20.8M | $29.2M |
净利润BAFNNOTE
| Q1 26 | $-5.7M | — | ||
| Q4 25 | $-2.5M | — | ||
| Q3 25 | $-18.9M | $-24.9M | ||
| Q2 25 | $-1.2M | $-13.3M | ||
| Q1 25 | $-335.0K | $-4.3M | ||
| Q4 24 | $9.8M | — | ||
| Q3 24 | $1.1M | $-14.9M | ||
| Q2 24 | $866.0K | $-12.8M |
营业利润率BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | -25.3% | -83.7% | ||
| Q3 25 | -253.0% | -43.4% | ||
| Q2 25 | -7.1% | -31.9% | ||
| Q1 25 | -2.3% | -50.0% | ||
| Q4 24 | — | -19.4% | ||
| Q3 24 | 7.1% | -23.1% | ||
| Q2 24 | 5.9% | -27.2% |
净利率BAFNNOTE
| Q1 26 | -55.0% | — | ||
| Q4 25 | -22.1% | — | ||
| Q3 25 | -184.7% | -110.8% | ||
| Q2 25 | -5.3% | -57.0% | ||
| Q1 25 | -1.7% | -15.4% | ||
| Q4 24 | 91.8% | — | ||
| Q3 24 | 5.2% | -50.7% | ||
| Q2 24 | 4.2% | -43.6% |
每股收益（稀释后）BAFNNOTE
| Q1 26 | $-1.48 | — | ||
| Q4 25 | $-0.71 | $-2.81 | ||
| Q3 25 | $-4.66 | $-1.73 | ||
| Q2 25 | $-0.39 | $-0.08 | ||
| Q1 25 | $-0.17 | $-0.03 | ||
| Q4 24 | $2.21 | $1.88 | ||
| Q3 24 | $0.18 | $-1.33 | ||
| Q2 24 | $0.12 | $-0.09 |
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 | $134.5M | $26.3M |
| 总债务越低越好 | — | $128.4M |
| 股东权益账面价值 | $81.9M | $62.0M |
| 总资产 | $1.2B | $255.1M |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资BAFNNOTE
| Q1 26 | $134.5M | — | ||
| Q4 25 | $207.0M | $26.3M | ||
| Q3 25 | $118.5M | $31.2M | ||
| Q2 25 | $77.3M | $38.5M | ||
| Q1 25 | $63.2M | $46.3M | ||
| Q4 24 | $77.8M | $34.6M | ||
| Q3 24 | $64.4M | $32.7M | ||
| Q2 24 | $60.8M | $37.7M |
总债务BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | — | $128.4M | ||
| Q3 25 | — | $131.5M | ||
| Q2 25 | — | $116.7M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | — | $147.1M | ||
| Q3 24 | — | $152.2M | ||
| Q2 24 | — | $145.9M |
股东权益BAFNNOTE
| Q1 26 | $81.9M | — | ||
| Q4 25 | $87.6M | $62.0M | ||
| Q3 25 | $89.7M | $75.5M | ||
| Q2 25 | $108.2M | $95.1M | ||
| Q1 25 | $110.1M | $98.7M | ||
| Q4 24 | $110.9M | $97.8M | ||
| Q3 24 | $102.3M | $98.5M | ||
| Q2 24 | $101.0M | $106.9M |
总资产BAFNNOTE
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $255.1M | ||
| Q3 25 | $1.3B | $273.9M | ||
| Q2 25 | $1.3B | $288.3M | ||
| Q1 25 | $1.3B | $299.7M | ||
| Q4 24 | $1.3B | $326.2M | ||
| Q3 24 | $1.2B | $337.9M | ||
| Q2 24 | $1.2B | $346.3M |
负债/权益比BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.50× | ||
| Q3 24 | — | 1.54× | ||
| Q2 24 | — | 1.36× |
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 | — | $-279.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-1.9M |
| 自由现金流率自由现金流/营收 | — | -8.7% |
| 资本支出强度资本支出/营收 | — | 7.4% |
| 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 | — | $-18.6M |
8季度趋势，按日历期对齐
经营现金流BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | $285.3M | $-279.0K | ||
| Q3 25 | $47.3M | $-8.3M | ||
| Q2 25 | $63.3M | $-6.2M | ||
| Q1 25 | $74.2M | $3.3M | ||
| Q4 24 | $390.5M | $-1.3M | ||
| Q3 24 | $90.8M | $-3.0M | ||
| Q2 24 | $78.8M | $-3.7M |
自由现金流BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | $285.0M | $-1.9M | ||
| Q3 25 | $47.3M | $-10.4M | ||
| Q2 25 | $63.1M | $-7.7M | ||
| Q1 25 | $74.1M | $1.3M | ||
| Q4 24 | $388.8M | $-3.4M | ||
| Q3 24 | $90.5M | $-5.4M | ||
| Q2 24 | $78.4M | $-6.5M |
自由现金流率BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | 2554.2% | -8.7% | ||
| Q3 25 | 462.2% | -46.2% | ||
| Q2 25 | 272.7% | -33.0% | ||
| Q1 25 | 375.1% | 4.7% | ||
| Q4 24 | 1180.9% | -11.4% | ||
| Q3 24 | 416.5% | -18.4% | ||
| Q2 24 | 376.1% | -22.1% |
资本支出强度BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 7.4% | ||
| Q3 25 | 0.1% | 9.3% | ||
| Q2 25 | 0.8% | 6.4% | ||
| Q1 25 | 0.4% | 7.2% | ||
| Q4 24 | 5.1% | 6.8% | ||
| Q3 24 | 1.5% | 8.3% | ||
| Q2 24 | 1.9% | 9.4% |
现金转化率BAFNNOTE
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 39.95× | — | ||
| Q3 24 | 79.85× | — | ||
| Q2 24 | 90.94× | — |
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
BAFN
| Net Interest Income | $9.4M | 91% |
| Noninterest Income | $884.0K | 9% |
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
