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BILL Holdings, Inc.（BILL）与J&J SNACK FOODS CORP（JJSF）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J&J SNACK FOODS CORP的1.2倍（$414.7M vs $343.8M），J&J SNACK FOODS CORP净利率更高（0.3% vs -0.6%，领先0.9%），BILL Holdings, Inc.同比增速更快（14.4% vs -5.2%），BILL Holdings, Inc.自由现金流更多（$103.8M vs $17.0M），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs -2.2%）
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。
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
BILL vs JJSF — 直观对比
营收规模更大
BILL
是对方的1.2倍
$343.8M
营收增速更快
BILL
高出19.6%
-5.2%
净利率更高
JJSF
高出0.9%
-0.6%
自由现金流更多
BILL
多$86.9M
$17.0M
两年增速更快
BILL
近两年复合增速
-2.2%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $343.8M |
| 净利润 | $-2.6M | $883.0K |
| 毛利率 | 79.8% | 27.9% |
| 营业利润率 | -4.4% | 0.2% |
| 净利率 | -0.6% | 0.3% |
| 营收同比 | 14.4% | -5.2% |
| 净利润同比 | -107.7% | -82.8% |
| 每股收益（稀释后） | $-0.03 | $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BILLJJSF
| Q4 25 | $414.7M | $343.8M | ||
| Q3 25 | $395.7M | $410.2M | ||
| Q2 25 | $383.3M | $454.3M | ||
| Q1 25 | $358.2M | $356.1M | ||
| Q4 24 | $362.6M | $362.6M | ||
| Q3 24 | $358.4M | $426.8M | ||
| Q2 24 | $343.7M | $440.0M | ||
| Q1 24 | $323.0M | $359.7M |
净利润BILLJJSF
| Q4 25 | $-2.6M | $883.0K | ||
| Q3 25 | $-3.0M | $11.4M | ||
| Q2 25 | $-7.1M | $44.2M | ||
| Q1 25 | $-11.6M | $4.8M | ||
| Q4 24 | $33.5M | $5.1M | ||
| Q3 24 | $8.9M | $29.6M | ||
| Q2 24 | $7.6M | $36.3M | ||
| Q1 24 | $31.8M | $13.3M |
毛利率BILLJJSF
| Q4 25 | 79.8% | 27.9% | ||
| Q3 25 | 80.5% | 31.7% | ||
| Q2 25 | 80.8% | 33.0% | ||
| Q1 25 | 81.2% | 26.9% | ||
| Q4 24 | 81.6% | 25.9% | ||
| Q3 24 | 82.0% | 31.8% | ||
| Q2 24 | 81.0% | 33.6% | ||
| Q1 24 | 83.0% | 30.1% |
营业利润率BILLJJSF
| Q4 25 | -4.4% | 0.2% | ||
| Q3 25 | -5.2% | 2.8% | ||
| Q2 25 | -5.8% | 13.3% | ||
| Q1 25 | -8.1% | 1.7% | ||
| Q4 24 | -6.0% | 1.7% | ||
| Q3 24 | -2.1% | 9.3% | ||
| Q2 24 | -6.5% | 11.4% | ||
| Q1 24 | -8.6% | 5.0% |
净利率BILLJJSF
| Q4 25 | -0.6% | 0.3% | ||
| Q3 25 | -0.7% | 2.8% | ||
| Q2 25 | -1.8% | 9.7% | ||
| Q1 25 | -3.2% | 1.4% | ||
| Q4 24 | 9.3% | 1.4% | ||
| Q3 24 | 2.5% | 6.9% | ||
| Q2 24 | 2.2% | 8.3% | ||
| Q1 24 | 9.8% | 3.7% |
每股收益（稀释后）BILLJJSF
| Q4 25 | $-0.03 | $0.05 | ||
| Q3 25 | $-0.03 | $0.59 | ||
| Q2 25 | $0.02 | $2.26 | ||
| Q1 25 | $-0.11 | $0.25 | ||
| Q4 24 | $-0.06 | $0.26 | ||
| Q3 24 | $0.08 | $1.52 | ||
| Q2 24 | $0.37 | $1.87 | ||
| Q1 24 | $0.00 | $0.69 |
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 | $66.8M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.8B | $912.9M |
| 总资产 | $10.1B | $1.3B |
| 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BILLJJSF
| Q4 25 | $1.1B | $66.8M | ||
| Q3 25 | $1.1B | $105.9M | ||
| Q2 25 | $1.0B | $77.4M | ||
| Q1 25 | $1.0B | $48.5M | ||
| Q4 24 | $1.6B | $73.6M | ||
| Q3 24 | $853.5M | $73.4M | ||
| Q2 24 | $985.9M | $64.0M | ||
| Q1 24 | $952.5M | $43.6M |
总债务BILLJJSF
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $914.8M | — | ||
| Q2 24 | $914.0M | — | ||
| Q1 24 | $1.1B | — |
股东权益BILLJJSF
| Q4 25 | $3.8B | $912.9M | ||
| Q3 25 | $3.9B | $966.7M | ||
| Q2 25 | $3.9B | $969.9M | ||
| Q1 25 | $3.9B | $935.0M | ||
| Q4 24 | $3.8B | $946.8M | ||
| Q3 24 | $4.0B | $957.0M | ||
| Q2 24 | $4.1B | $937.9M | ||
| Q1 24 | $4.1B | $915.7M |
总资产BILLJJSF
| Q4 25 | $10.1B | $1.3B | ||
| Q3 25 | $10.2B | $1.4B | ||
| Q2 25 | $10.1B | $1.4B | ||
| Q1 25 | $9.6B | $1.4B | ||
| Q4 24 | $9.7B | $1.3B | ||
| Q3 24 | $9.0B | $1.4B | ||
| Q2 24 | $9.2B | $1.4B | ||
| Q1 24 | $9.1B | $1.3B |
负债/权益比BILLJJSF
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.44× | — | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.22× | — | ||
| Q1 24 | 0.28× | — |
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 | $36.0M |
| 自由现金流经营现金流 - 资本支出 | $103.8M | $17.0M |
| 自由现金流率自由现金流/营收 | 25.0% | 4.9% |
| 资本支出强度资本支出/营收 | 0.4% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 40.73× |
| 过去12个月自由现金流最近4个季度 | $378.8M | $83.1M |
8季度趋势，按日历期对齐
经营现金流BILLJJSF
| Q4 25 | $105.3M | $36.0M | ||
| Q3 25 | $96.9M | $66.4M | ||
| Q2 25 | $83.8M | $51.2M | ||
| Q1 25 | $99.5M | $12.3M | ||
| Q4 24 | $78.7M | $35.2M | ||
| Q3 24 | $88.6M | $46.3M | ||
| Q2 24 | $78.6M | $65.0M | ||
| Q1 24 | $66.8M | $12.7M |
自由现金流BILLJJSF
| Q4 25 | $103.8M | $17.0M | ||
| Q3 25 | $95.6M | $44.8M | ||
| Q2 25 | $81.0M | $28.5M | ||
| Q1 25 | $98.4M | $-7.2M | ||
| Q4 24 | $78.3M | $16.1M | ||
| Q3 24 | $88.6M | $29.1M | ||
| Q2 24 | $78.4M | $45.3M | ||
| Q1 24 | $66.8M | $-4.0M |
自由现金流率BILLJJSF
| Q4 25 | 25.0% | 4.9% | ||
| Q3 25 | 24.1% | 10.9% | ||
| Q2 25 | 21.1% | 6.3% | ||
| Q1 25 | 27.5% | -2.0% | ||
| Q4 24 | 21.6% | 4.4% | ||
| Q3 24 | 24.7% | 6.8% | ||
| Q2 24 | 22.8% | 10.3% | ||
| Q1 24 | 20.7% | -1.1% |
资本支出强度BILLJJSF
| Q4 25 | 0.4% | 5.5% | ||
| Q3 25 | 0.3% | 5.3% | ||
| Q2 25 | 0.7% | 5.0% | ||
| Q1 25 | 0.3% | 5.5% | ||
| Q4 24 | 0.1% | 5.3% | ||
| Q3 24 | 0.0% | 4.0% | ||
| Q2 24 | 0.1% | 4.5% | ||
| Q1 24 | 0.0% | 4.6% |
现金转化率BILLJJSF
| Q4 25 | — | 40.73× | ||
| Q3 25 | — | 5.84× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | 2.35× | 6.84× | ||
| Q3 24 | 9.94× | 1.56× | ||
| Q2 24 | 10.35× | 1.79× | ||
| Q1 24 | 2.10× | 0.96× |
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% |
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
