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Bark, Inc.（BARK）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
Bark, Inc.的季度营收约是RE/MAX Holdings, Inc.的1.4倍（$98.4M vs $71.1M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -8.8%，领先10.8%），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -22.1%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $1.6M），过去两年RE/MAX Holdings, Inc.的营收复合增速更高（-4.7% vs -10.0%）
飞狗制片公司（Flying Bark Productions）是一家澳大利亚娱乐动画工作室，现为比利时制片公司Studio 100的旗下子公司。该工作室是提供全流程服务的制片机构，业务覆盖院线电影、电视内容及各类数字内容制作。工作室最初由约拉姆·格罗斯与桑德拉·格罗斯于1967年创立，原名约拉姆·格罗斯电影工作室，1996年被澳大利亚威秀集团收购股份，后股份转售给德国传媒集团。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
BARK vs RMAX — 直观对比
营收规模更大
BARK
是对方的1.4倍
$71.1M
营收增速更快
RMAX
高出20.3%
-22.1%
净利率更高
RMAX
高出10.8%
-8.8%
自由现金流更多
RMAX
多$31.9M
$1.6M
两年增速更快
RMAX
近两年复合增速
-10.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $98.4M | $71.1M |
| 净利润 | $-8.6M | $1.4M |
| 毛利率 | 62.5% | — |
| 营业利润率 | -9.1% | 13.1% |
| 净利率 | -8.8% | 2.0% |
| 营收同比 | -22.1% | -1.8% |
| 净利润同比 | 24.9% | -75.2% |
| 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BARKRMAX
| Q4 25 | $98.4M | $71.1M | ||
| Q3 25 | $107.0M | $73.2M | ||
| Q2 25 | $102.9M | $72.8M | ||
| Q1 25 | $115.4M | $74.5M | ||
| Q4 24 | $126.4M | $72.5M | ||
| Q3 24 | $126.1M | $78.5M | ||
| Q2 24 | $116.2M | $78.5M | ||
| Q1 24 | $121.5M | $78.3M |
净利润BARKRMAX
| Q4 25 | $-8.6M | $1.4M | ||
| Q3 25 | $-10.7M | $4.0M | ||
| Q2 25 | $-7.0M | $4.7M | ||
| Q1 25 | $-6.1M | $-2.0M | ||
| Q4 24 | $-11.5M | $5.8M | ||
| Q3 24 | $-5.3M | $966.0K | ||
| Q2 24 | $-10.0M | $3.7M | ||
| Q1 24 | $-4.9M | $-3.4M |
毛利率BARKRMAX
| Q4 25 | 62.5% | — | ||
| Q3 25 | 57.9% | — | ||
| Q2 25 | 62.3% | — | ||
| Q1 25 | 63.6% | — | ||
| Q4 24 | 62.7% | — | ||
| Q3 24 | 60.4% | — | ||
| Q2 24 | 63.0% | — | ||
| Q1 24 | 62.8% | — |
营业利润率BARKRMAX
| Q4 25 | -9.1% | 13.1% | ||
| Q3 25 | -10.0% | 25.0% | ||
| Q2 25 | -8.1% | 19.3% | ||
| Q1 25 | -5.7% | 7.2% | ||
| Q4 24 | -9.7% | 5.9% | ||
| Q3 24 | -4.5% | 19.4% | ||
| Q2 24 | -9.1% | 20.6% | ||
| Q1 24 | -5.3% | 5.8% |
净利率BARKRMAX
| Q4 25 | -8.8% | 2.0% | ||
| Q3 25 | -10.0% | 5.4% | ||
| Q2 25 | -6.8% | 6.4% | ||
| Q1 25 | -5.3% | -2.6% | ||
| Q4 24 | -9.1% | 8.0% | ||
| Q3 24 | -4.2% | 1.2% | ||
| Q2 24 | -8.6% | 4.7% | ||
| Q1 24 | -4.0% | -4.3% |
每股收益（稀释后）BARKRMAX
| Q4 25 | $-0.05 | — | ||
| Q3 25 | $-0.06 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $-0.03 | — | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.03 | — | ||
| Q2 24 | $-0.06 | — | ||
| Q1 24 | $-0.02 | — |
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 | $21.7M | $118.7M |
| 总债务越低越好 | $0 | $432.2M |
| 股东权益账面价值 | $81.2M | $452.4M |
| 总资产 | $188.7M | $582.5M |
| 负债/权益比越低杠杆越低 | 0.00× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资BARKRMAX
| Q4 25 | $21.7M | $118.7M | ||
| Q3 25 | $63.4M | $107.5M | ||
| Q2 25 | $84.7M | $94.3M | ||
| Q1 25 | $94.0M | $89.1M | ||
| Q4 24 | $115.3M | $96.6M | ||
| Q3 24 | $115.2M | $83.8M | ||
| Q2 24 | $117.8M | $66.1M | ||
| Q1 24 | $125.5M | $82.1M |
总债务BARKRMAX
| Q4 25 | $0 | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | $42.6M | $435.3M | ||
| Q4 24 | $42.5M | $436.2M | ||
| Q3 24 | $40.1M | $437.2M | ||
| Q2 24 | $40.0M | $438.1M | ||
| Q1 24 | $39.9M | $439.0M |
股东权益BARKRMAX
| Q4 25 | $81.2M | $452.4M | ||
| Q3 25 | $86.5M | $448.1M | ||
| Q2 25 | $94.0M | $442.4M | ||
| Q1 25 | $99.5M | $433.5M | ||
| Q4 24 | $113.0M | $429.5M | ||
| Q3 24 | $123.6M | $423.1M | ||
| Q2 24 | $128.1M | $418.4M | ||
| Q1 24 | $139.4M | $412.0M |
总资产BARKRMAX
| Q4 25 | $188.7M | $582.5M | ||
| Q3 25 | $248.0M | $582.2M | ||
| Q2 25 | $260.0M | $574.8M | ||
| Q1 25 | $260.6M | $571.4M | ||
| Q4 24 | $292.2M | $581.6M | ||
| Q3 24 | $301.6M | $578.6M | ||
| Q2 24 | $287.7M | $571.4M | ||
| Q1 24 | $298.6M | $566.7M |
负债/权益比BARKRMAX
| Q4 25 | 0.00× | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | 0.43× | 1.00× | ||
| Q4 24 | 0.38× | 1.02× | ||
| Q3 24 | 0.32× | 1.03× | ||
| Q2 24 | 0.31× | 1.05× | ||
| Q1 24 | 0.29× | 1.07× |
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 | $1.7M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $1.6M | $33.5M |
| 自由现金流率自由现金流/营收 | 1.6% | 47.1% |
| 资本支出强度资本支出/营收 | 0.1% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-36.5M | $56.8M |
8季度趋势，按日历期对齐
经营现金流BARKRMAX
| Q4 25 | $1.7M | $40.9M | ||
| Q3 25 | $-18.1M | $17.7M | ||
| Q2 25 | $-5.4M | $4.6M | ||
| Q1 25 | $-10.3M | $5.7M | ||
| Q4 24 | $-1.4M | $59.7M | ||
| Q3 24 | $2.8M | $17.6M | ||
| Q2 24 | $1.8M | $15.9M | ||
| Q1 24 | $-1.0M | $9.4M |
自由现金流BARKRMAX
| Q4 25 | $1.6M | $33.5M | ||
| Q3 25 | $-19.9M | $16.4M | ||
| Q2 25 | $-6.1M | $2.9M | ||
| Q1 25 | $-12.0M | $4.0M | ||
| Q4 24 | $-2.0M | $53.0M | ||
| Q3 24 | $966.0K | $16.3M | ||
| Q2 24 | $-251.0K | $14.0M | ||
| Q1 24 | $-3.2M | $6.8M |
自由现金流率BARKRMAX
| Q4 25 | 1.6% | 47.1% | ||
| Q3 25 | -18.6% | 22.4% | ||
| Q2 25 | -6.0% | 4.0% | ||
| Q1 25 | -10.4% | 5.3% | ||
| Q4 24 | -1.6% | 73.2% | ||
| Q3 24 | 0.8% | 20.8% | ||
| Q2 24 | -0.2% | 17.8% | ||
| Q1 24 | -2.6% | 8.6% |
资本支出强度BARKRMAX
| Q4 25 | 0.1% | 10.4% | ||
| Q3 25 | 1.7% | 1.8% | ||
| Q2 25 | 0.7% | 2.2% | ||
| Q1 25 | 1.5% | 2.3% | ||
| Q4 24 | 0.5% | 9.1% | ||
| Q3 24 | 1.4% | 1.7% | ||
| Q2 24 | 1.8% | 2.4% | ||
| Q1 24 | 1.8% | 3.3% |
现金转化率BARKRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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
BARK
| Toys Accessories | $46.0M | 47% |
| Consumables | $30.2M | 31% |
| Commerce Segment | $18.9M | 19% |
| Other | $3.4M | 3% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
