vs
BILL Holdings, Inc.（BILL）与Gaming & Leisure Properties, Inc.（GLPI）财务数据对比。点击上方公司名可切换其他公司
Gaming & Leisure Properties, Inc.的季度营收约是BILL Holdings, Inc.的1.0倍（$420.0M vs $414.7M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs -0.6%，领先57.6%），BILL Holdings, Inc.同比增速更快（14.4% vs 6.3%），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs 5.0%）
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。
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
BILL vs GLPI — 直观对比
营收规模更大
GLPI
是对方的1.0倍
$414.7M
营收增速更快
BILL
高出8.1%
6.3%
净利率更高
GLPI
高出57.6%
-0.6%
两年增速更快
BILL
近两年复合增速
5.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $420.0M |
| 净利润 | $-2.6M | $239.4M |
| 毛利率 | 79.8% | — |
| 营业利润率 | -4.4% | 79.4% |
| 净利率 | -0.6% | 57.0% |
| 营收同比 | 14.4% | 6.3% |
| 净利润同比 | -107.7% | 40.5% |
| 每股收益（稀释后） | $-0.03 | — |
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BILLGLPI
| Q1 26 | — | $420.0M | ||
| Q4 25 | $414.7M | $407.0M | ||
| Q3 25 | $395.7M | $397.6M | ||
| Q2 25 | $383.3M | $394.9M | ||
| Q1 25 | $358.2M | $395.2M | ||
| Q4 24 | $362.6M | $389.6M | ||
| Q3 24 | $358.4M | $385.3M | ||
| Q2 24 | $343.7M | $380.6M |
净利润BILLGLPI
| Q1 26 | — | $239.4M | ||
| Q4 25 | $-2.6M | $275.4M | ||
| Q3 25 | $-3.0M | $241.2M | ||
| Q2 25 | $-7.1M | $151.4M | ||
| Q1 25 | $-11.6M | $165.2M | ||
| Q4 24 | $33.5M | $223.6M | ||
| Q3 24 | $8.9M | $184.7M | ||
| Q2 24 | $7.6M | $208.3M |
毛利率BILLGLPI
| 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BILLGLPI
| Q1 26 | — | 79.4% | ||
| Q4 25 | -4.4% | 89.3% | ||
| Q3 25 | -5.2% | 84.8% | ||
| Q2 25 | -5.8% | 61.3% | ||
| Q1 25 | -8.1% | 65.5% | ||
| Q4 24 | -6.0% | 79.1% | ||
| Q3 24 | -2.1% | 70.4% | ||
| Q2 24 | -6.5% | 77.1% |
净利率BILLGLPI
| Q1 26 | — | 57.0% | ||
| Q4 25 | -0.6% | 67.6% | ||
| Q3 25 | -0.7% | 60.7% | ||
| Q2 25 | -1.8% | 38.4% | ||
| Q1 25 | -3.2% | 41.8% | ||
| Q4 24 | 9.3% | 57.4% | ||
| Q3 24 | 2.5% | 47.9% | ||
| Q2 24 | 2.2% | 54.7% |
每股收益（稀释后）BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | $-0.03 | $0.96 | ||
| Q3 25 | $-0.03 | $0.85 | ||
| Q2 25 | $0.02 | $0.54 | ||
| Q1 25 | $-0.11 | $0.60 | ||
| Q4 24 | $-0.06 | $0.79 | ||
| Q3 24 | $0.08 | $0.67 | ||
| Q2 24 | $0.37 | $0.77 |
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 | $274.5M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.8B | $5.0B |
| 总资产 | $10.1B | $13.8B |
| 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BILLGLPI
| Q1 26 | — | $274.5M | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.6B | $560.8M | ||
| Q3 24 | $853.5M | $560.8M | ||
| Q2 24 | $985.9M | $560.8M |
总债务BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $7.2B | ||
| Q3 25 | $1.9B | $7.2B | ||
| Q2 25 | $1.7B | $6.9B | ||
| Q1 25 | $1.7B | $6.9B | ||
| Q4 24 | $1.7B | $7.7B | ||
| Q3 24 | $914.8M | $7.4B | ||
| Q2 24 | $914.0M | $6.6B |
股东权益BILLGLPI
| Q1 26 | — | $5.0B | ||
| Q4 25 | $3.8B | $4.6B | ||
| Q3 25 | $3.9B | $4.6B | ||
| Q2 25 | $3.9B | $4.6B | ||
| Q1 25 | $3.9B | $4.2B | ||
| Q4 24 | $3.8B | $4.3B | ||
| Q3 24 | $4.0B | $4.3B | ||
| Q2 24 | $4.1B | $4.1B |
总资产BILLGLPI
| Q1 26 | — | $13.8B | ||
| Q4 25 | $10.1B | $12.9B | ||
| Q3 25 | $10.2B | $12.8B | ||
| Q2 25 | $10.1B | $12.5B | ||
| Q1 25 | $9.6B | $12.1B | ||
| Q4 24 | $9.7B | $13.1B | ||
| Q3 24 | $9.0B | $12.7B | ||
| Q2 24 | $9.2B | $11.8B |
负债/权益比BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | 0.48× | 1.56× | ||
| Q3 25 | 0.48× | 1.57× | ||
| Q2 25 | 0.44× | 1.51× | ||
| Q1 25 | 0.43× | 1.63× | ||
| Q4 24 | 0.44× | 1.81× | ||
| Q3 24 | 0.23× | 1.74× | ||
| Q2 24 | 0.22× | 1.60× |
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BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | $105.3M | $1.1B | ||
| Q3 25 | $96.9M | $240.3M | ||
| Q2 25 | $83.8M | $293.4M | ||
| Q1 25 | $99.5M | $252.5M | ||
| Q4 24 | $78.7M | $1.1B | ||
| Q3 24 | $88.6M | $270.4M | ||
| Q2 24 | $78.6M | $252.1M |
自由现金流BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | — | ||
| Q3 25 | $95.6M | $183.0M | ||
| Q2 25 | $81.0M | $272.3M | ||
| Q1 25 | $98.4M | $239.6M | ||
| Q4 24 | $78.3M | $1.1B | ||
| Q3 24 | $88.6M | $261.5M | ||
| Q2 24 | $78.4M | $245.0M |
自由现金流率BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | 25.0% | — | ||
| Q3 25 | 24.1% | 46.0% | ||
| Q2 25 | 21.1% | 69.0% | ||
| Q1 25 | 27.5% | 60.6% | ||
| Q4 24 | 21.6% | 275.3% | ||
| Q3 24 | 24.7% | 67.9% | ||
| Q2 24 | 22.8% | 64.4% |
资本支出强度BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | 14.4% | ||
| Q2 25 | 0.7% | 5.3% | ||
| Q1 25 | 0.3% | 3.3% | ||
| Q4 24 | 0.1% | 0.0% | ||
| Q3 24 | 0.0% | 2.3% | ||
| Q2 24 | 0.1% | 1.9% |
现金转化率BILLGLPI
| Q1 26 | — | — | ||
| Q4 25 | — | 4.10× | ||
| Q3 25 | — | 1.00× | ||
| Q2 25 | — | 1.94× | ||
| Q1 25 | — | 1.53× | ||
| Q4 24 | 2.35× | 4.80× | ||
| Q3 24 | 9.94× | 1.46× | ||
| Q2 24 | 10.35× | 1.21× |
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% |
GLPI
暂无分部数据
