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BILL Holdings, Inc.（BILL）与COVENANT LOGISTICS GROUP, INC.（CVLG）财务数据对比。点击上方公司名可切换其他公司
BILL Holdings, Inc.的季度营收约是COVENANT LOGISTICS GROUP, INC.的1.4倍（$414.7M vs $307.2M），COVENANT LOGISTICS GROUP, INC.净利率更高（1.4% vs -0.6%，领先2.1%），BILL Holdings, Inc.同比增速更快（14.4% vs 14.0%），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs 3.4%）
BILL Holdings, Inc. 是总部位于美国加利福尼亚州圣何塞的企业，专注为美国小型企业提供自动化云原生财务运营软件。旗下Bill.com Connect是白标端到端支付自动化平台，可供金融机构接入其单点登录的线上企业银行生态中使用。
圣约物流集团（Covenant Logistics Group, Inc.）是一家美国公路货运企业，总部位于田纳西州查塔努加，在纽约证券交易所上市。公司核心业务涵盖温控卡车运输、区域配送以及长途团队司机货运服务，专注于整车运输领域。
BILL vs CVLG — 直观对比
营收规模更大
BILL
是对方的1.4倍
$307.2M
营收增速更快
BILL
高出0.3%
14.0%
净利率更高
CVLG
高出2.1%
-0.6%
两年增速更快
BILL
近两年复合增速
3.4%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $307.2M |
| 净利润 | $-2.6M | $4.4M |
| 毛利率 | 79.8% | — |
| 营业利润率 | -4.4% | 2.0% |
| 净利率 | -0.6% | 1.4% |
| 营收同比 | 14.4% | 14.0% |
| 净利润同比 | -107.7% | -32.7% |
| 每股收益（稀释后） | $-0.03 | $0.17 |
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BILLCVLG
| Q1 26 | — | $307.2M | ||
| Q4 25 | $414.7M | $295.4M | ||
| Q3 25 | $395.7M | $296.9M | ||
| Q2 25 | $383.3M | $302.9M | ||
| Q1 25 | $358.2M | $269.4M | ||
| Q4 24 | $362.6M | $277.3M | ||
| Q3 24 | $358.4M | $287.9M | ||
| Q2 24 | $343.7M | $287.5M |
净利润BILLCVLG
| Q1 26 | — | $4.4M | ||
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-3.0M | $9.1M | ||
| Q2 25 | $-7.1M | $9.8M | ||
| Q1 25 | $-11.6M | $6.6M | ||
| Q4 24 | $33.5M | — | ||
| Q3 24 | $8.9M | $13.0M | ||
| Q2 24 | $7.6M | $12.2M |
毛利率BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | 79.8% | — | ||
| Q3 25 | 80.5% | — | ||
| Q2 25 | 80.8% | — | ||
| Q1 25 | 81.2% | — | ||
| Q4 24 | 81.6% | — | ||
| Q3 24 | 82.0% | — | ||
| Q2 24 | 81.0% | — |
营业利润率BILLCVLG
| Q1 26 | — | 2.0% | ||
| Q4 25 | -4.4% | -8.2% | ||
| Q3 25 | -5.2% | 2.7% | ||
| Q2 25 | -5.8% | 3.8% | ||
| Q1 25 | -8.1% | 2.8% | ||
| Q4 24 | -6.0% | 3.1% | ||
| Q3 24 | -2.1% | 5.6% | ||
| Q2 24 | -6.5% | 5.4% |
净利率BILLCVLG
| Q1 26 | — | 1.4% | ||
| Q4 25 | -0.6% | — | ||
| Q3 25 | -0.7% | 3.1% | ||
| Q2 25 | -1.8% | 3.2% | ||
| Q1 25 | -3.2% | 2.4% | ||
| Q4 24 | 9.3% | — | ||
| Q3 24 | 2.5% | 4.5% | ||
| Q2 24 | 2.2% | 4.2% |
每股收益（稀释后）BILLCVLG
| Q1 26 | — | $0.17 | ||
| Q4 25 | $-0.03 | $-0.68 | ||
| Q3 25 | $-0.03 | $0.35 | ||
| Q2 25 | $0.02 | $0.36 | ||
| Q1 25 | $-0.11 | $0.24 | ||
| Q4 24 | $-0.06 | $0.25 | ||
| Q3 24 | $0.08 | $0.47 | ||
| Q2 24 | $0.37 | $0.44 |
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 | $1.1B | — |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.8B | $407.6M |
| 总资产 | $10.1B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.48× | — |
8季度趋势，按日历期对齐
现金及短期投资BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $4.9M | ||
| Q3 25 | $1.1B | $2.7M | ||
| Q2 25 | $1.0B | $143.0K | ||
| Q1 25 | $1.0B | $11.2M | ||
| Q4 24 | $1.6B | $35.6M | ||
| Q3 24 | $853.5M | $35.2M | ||
| Q2 24 | $985.9M | $1.3M |
总债务BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $261.7M | ||
| Q3 25 | $1.9B | $233.3M | ||
| Q2 25 | $1.7B | $245.8M | ||
| Q1 25 | $1.7B | $216.3M | ||
| Q4 24 | $1.7B | $221.6M | ||
| Q3 24 | $914.8M | $231.4M | ||
| Q2 24 | $914.0M | $235.0M |
股东权益BILLCVLG
| Q1 26 | — | $407.6M | ||
| Q4 25 | $3.8B | $404.0M | ||
| Q3 25 | $3.9B | $423.7M | ||
| Q2 25 | $3.9B | $416.9M | ||
| Q1 25 | $3.9B | $443.6M | ||
| Q4 24 | $3.8B | $438.3M | ||
| Q3 24 | $4.0B | $431.6M | ||
| Q2 24 | $4.1B | $419.4M |
总资产BILLCVLG
| Q1 26 | — | $1.0B | ||
| Q4 25 | $10.1B | $1.0B | ||
| Q3 25 | $10.2B | $1.0B | ||
| Q2 25 | $10.1B | $1.0B | ||
| Q1 25 | $9.6B | $980.0M | ||
| Q4 24 | $9.7B | $997.6M | ||
| Q3 24 | $9.0B | $1.0B | ||
| Q2 24 | $9.2B | $995.0M |
负债/权益比BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | 0.48× | 0.65× | ||
| Q3 25 | 0.48× | 0.55× | ||
| Q2 25 | 0.44× | 0.59× | ||
| Q1 25 | 0.43× | 0.49× | ||
| Q4 24 | 0.44× | 0.51× | ||
| Q3 24 | 0.23× | 0.54× | ||
| Q2 24 | 0.22× | 0.56× |
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 | $105.3M | — |
| 自由现金流经营现金流 - 资本支出 | $103.8M | — |
| 自由现金流率自由现金流/营收 | 25.0% | — |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | $378.8M | — |
8季度趋势，按日历期对齐
经营现金流BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | $105.3M | $25.5M | ||
| Q3 25 | $96.9M | $41.4M | ||
| Q2 25 | $83.8M | $21.9M | ||
| Q1 25 | $99.5M | $24.8M | ||
| Q4 24 | $78.7M | $21.9M | ||
| Q3 24 | $88.6M | $56.9M | ||
| Q2 24 | $78.6M | $22.4M |
自由现金流BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | $-3.0M | ||
| Q3 25 | $95.6M | $-7.8M | ||
| Q2 25 | $81.0M | $-14.5M | ||
| Q1 25 | $98.4M | $-8.6M | ||
| Q4 24 | $78.3M | $464.0K | ||
| Q3 24 | $88.6M | $24.3M | ||
| Q2 24 | $78.4M | $-28.1M |
自由现金流率BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | 25.0% | -1.0% | ||
| Q3 25 | 24.1% | -2.6% | ||
| Q2 25 | 21.1% | -4.8% | ||
| Q1 25 | 27.5% | -3.2% | ||
| Q4 24 | 21.6% | 0.2% | ||
| Q3 24 | 24.7% | 8.4% | ||
| Q2 24 | 22.8% | -9.8% |
资本支出强度BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 9.7% | ||
| Q3 25 | 0.3% | 16.6% | ||
| Q2 25 | 0.7% | 12.0% | ||
| Q1 25 | 0.3% | 12.4% | ||
| Q4 24 | 0.1% | 7.7% | ||
| Q3 24 | 0.0% | 11.3% | ||
| Q2 24 | 0.1% | 17.6% |
现金转化率BILLCVLG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 4.55× | ||
| Q2 25 | — | 2.23× | ||
| Q1 25 | — | 3.78× | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | 9.94× | 4.36× | ||
| Q2 24 | 10.35× | 1.84× |
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
BILL
| Accounts Payable And Accounts Receivable Solutions | $185.9M | 45% |
| Spend And Expense Interchange Revenue | $166.5M | 40% |
| Interest On Funds Held For Customers | $39.5M | 10% |
| Embedded And Other Solutions | $22.8M | 5% |
CVLG
| Freight revenue | $281.9M | 92% |
| Fuel surcharge revenue | $25.2M | 8% |
