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Bark, Inc.（BARK）与Repay Holdings Corp（RPAY）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Repay Holdings Corp的1.3倍（$98.4M vs $78.6M），Bark, Inc.净利率更高（-8.8% vs -178.3%，领先169.5%），Repay Holdings Corp同比增速更快（0.4% vs -22.1%），Repay Holdings Corp自由现金流更多（$23.2M vs $1.6M），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% 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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
BARK vs RPAY — 直观对比
营收规模更大
BARK
是对方的1.3倍
$78.6M
营收增速更快
RPAY
高出22.5%
-22.1%
净利率更高
BARK
高出169.5%
-178.3%
自由现金流更多
RPAY
多$21.7M
$1.6M
两年增速更快
RPAY
近两年复合增速
-10.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $98.4M | $78.6M |
| 净利润 | $-8.6M | $-140.1M |
| 毛利率 | 62.5% | 74.2% |
| 营业利润率 | -9.1% | -182.2% |
| 净利率 | -8.8% | -178.3% |
| 营收同比 | -22.1% | 0.4% |
| 净利润同比 | 24.9% | -3304.1% |
| 每股收益（稀释后） | $-0.05 | $-1.68 |
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BARKRPAY
| Q4 25 | $98.4M | $78.6M | ||
| Q3 25 | $107.0M | $77.7M | ||
| Q2 25 | $102.9M | $75.6M | ||
| Q1 25 | $115.4M | $77.3M | ||
| Q4 24 | $126.4M | $78.3M | ||
| Q3 24 | $126.1M | $79.1M | ||
| Q2 24 | $116.2M | $74.9M | ||
| Q1 24 | $121.5M | $80.7M |
净利润BARKRPAY
| Q4 25 | $-8.6M | $-140.1M | ||
| Q3 25 | $-10.7M | $-6.4M | ||
| Q2 25 | $-7.0M | $-102.3M | ||
| Q1 25 | $-6.1M | $-7.9M | ||
| Q4 24 | $-11.5M | $-4.1M | ||
| Q3 24 | $-5.3M | $3.2M | ||
| Q2 24 | $-10.0M | $-4.1M | ||
| Q1 24 | $-4.9M | $-5.2M |
毛利率BARKRPAY
| Q4 25 | 62.5% | 74.2% | ||
| Q3 25 | 57.9% | 74.4% | ||
| Q2 25 | 62.3% | 75.7% | ||
| Q1 25 | 63.6% | 75.9% | ||
| Q4 24 | 62.7% | 76.3% | ||
| Q3 24 | 60.4% | 77.8% | ||
| Q2 24 | 63.0% | 78.2% | ||
| Q1 24 | 62.8% | 76.2% |
营业利润率BARKRPAY
| Q4 25 | -9.1% | -182.2% | ||
| Q3 25 | -10.0% | -3.9% | ||
| Q2 25 | -8.1% | -138.7% | ||
| Q1 25 | -5.7% | -4.7% | ||
| Q4 24 | -9.7% | -1.5% | ||
| Q3 24 | -4.5% | -0.9% | ||
| Q2 24 | -9.1% | -4.6% | ||
| Q1 24 | -5.3% | -3.1% |
净利率BARKRPAY
| Q4 25 | -8.8% | -178.3% | ||
| Q3 25 | -10.0% | -8.3% | ||
| Q2 25 | -6.8% | -135.2% | ||
| Q1 25 | -5.3% | -10.3% | ||
| Q4 24 | -9.1% | -5.3% | ||
| Q3 24 | -4.2% | 4.1% | ||
| Q2 24 | -8.6% | -5.4% | ||
| Q1 24 | -4.0% | -6.5% |
每股收益（稀释后）BARKRPAY
| Q4 25 | $-0.05 | $-1.68 | ||
| Q3 25 | $-0.06 | $-0.08 | ||
| Q2 25 | $-0.04 | $-1.15 | ||
| Q1 25 | $-0.03 | $-0.09 | ||
| Q4 24 | $-0.07 | $-0.04 | ||
| Q3 24 | $-0.03 | $0.03 | ||
| Q2 24 | $-0.06 | $-0.04 | ||
| Q1 24 | $-0.02 | $-0.06 |
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 | $115.7M |
| 总债务越低越好 | $0 | $280.1M |
| 股东权益账面价值 | $81.2M | $484.4M |
| 总资产 | $188.7M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资BARKRPAY
| Q4 25 | $21.7M | $115.7M | ||
| Q3 25 | $63.4M | $95.7M | ||
| Q2 25 | $84.7M | $162.6M | ||
| Q1 25 | $94.0M | $165.5M | ||
| Q4 24 | $115.3M | $189.5M | ||
| Q3 24 | $115.2M | $168.7M | ||
| Q2 24 | $117.8M | $147.1M | ||
| Q1 24 | $125.5M | $128.3M |
总债务BARKRPAY
| Q4 25 | $0 | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | $42.6M | $497.6M | ||
| Q4 24 | $42.5M | $496.8M | ||
| Q3 24 | $40.1M | $496.2M | ||
| Q2 24 | $40.0M | $435.6M | ||
| Q1 24 | $39.9M | $434.9M |
股东权益BARKRPAY
| Q4 25 | $81.2M | $484.4M | ||
| Q3 25 | $86.5M | $616.9M | ||
| Q2 25 | $94.0M | $633.7M | ||
| Q1 25 | $99.5M | $755.7M | ||
| Q4 24 | $113.0M | $761.3M | ||
| Q3 24 | $123.6M | $754.7M | ||
| Q2 24 | $128.1M | $815.4M | ||
| Q1 24 | $139.4M | $813.8M |
总资产BARKRPAY
| Q4 25 | $188.7M | $1.2B | ||
| Q3 25 | $248.0M | $1.3B | ||
| Q2 25 | $260.0M | $1.4B | ||
| Q1 25 | $260.6M | $1.5B | ||
| Q4 24 | $292.2M | $1.6B | ||
| Q3 24 | $301.6M | $1.6B | ||
| Q2 24 | $287.7M | $1.5B | ||
| Q1 24 | $298.6M | $1.5B |
负债/权益比BARKRPAY
| Q4 25 | 0.00× | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | 0.43× | 0.66× | ||
| Q4 24 | 0.38× | 0.65× | ||
| Q3 24 | 0.32× | 0.66× | ||
| Q2 24 | 0.31× | 0.53× | ||
| Q1 24 | 0.29× | 0.53× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $1.6M | $23.2M |
| 自由现金流率自由现金流/营收 | 1.6% | 29.6% |
| 资本支出强度资本支出/营收 | 0.1% | 0.1% |
| 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 | $-36.5M | $90.7M |
8季度趋势，按日历期对齐
经营现金流BARKRPAY
| Q4 25 | $1.7M | $23.3M | ||
| Q3 25 | $-18.1M | $32.2M | ||
| Q2 25 | $-5.4M | $33.1M | ||
| Q1 25 | $-10.3M | $2.5M | ||
| Q4 24 | $-1.4M | $34.3M | ||
| Q3 24 | $2.8M | $60.1M | ||
| Q2 24 | $1.8M | $31.0M | ||
| Q1 24 | $-1.0M | $24.8M |
自由现金流BARKRPAY
| Q4 25 | $1.6M | $23.2M | ||
| Q3 25 | $-19.9M | $32.1M | ||
| Q2 25 | $-6.1M | $33.0M | ||
| Q1 25 | $-12.0M | $2.4M | ||
| Q4 24 | $-2.0M | $34.0M | ||
| Q3 24 | $966.0K | $59.8M | ||
| Q2 24 | $-251.0K | $30.5M | ||
| Q1 24 | $-3.2M | $24.7M |
自由现金流率BARKRPAY
| Q4 25 | 1.6% | 29.6% | ||
| Q3 25 | -18.6% | 41.3% | ||
| Q2 25 | -6.0% | 43.6% | ||
| Q1 25 | -10.4% | 3.0% | ||
| Q4 24 | -1.6% | 43.5% | ||
| Q3 24 | 0.8% | 75.6% | ||
| Q2 24 | -0.2% | 40.7% | ||
| Q1 24 | -2.6% | 30.6% |
资本支出强度BARKRPAY
| Q4 25 | 0.1% | 0.1% | ||
| Q3 25 | 1.7% | 0.2% | ||
| Q2 25 | 0.7% | 0.1% | ||
| Q1 25 | 1.5% | 0.2% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 1.4% | 0.3% | ||
| Q2 24 | 1.8% | 0.6% | ||
| Q1 24 | 1.8% | 0.1% |
现金转化率BARKRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| 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
BARK
| Toys Accessories | $46.0M | 47% |
| Consumables | $30.2M | 31% |
| Commerce Segment | $18.9M | 19% |
| Other | $3.4M | 3% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
