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BILL Holdings, Inc.（BILL）与Liberty Broadband Corp（LBRDA）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Liberty Broadband Corp的1.6倍（$414.7M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs -0.6%，领先147.4%），BILL Holdings, Inc.同比增速更快（14.4% vs 6.1%），BILL Holdings, Inc.自由现金流更多（$103.8M vs $37.0M），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs 4.3%）
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。
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
BILL vs LBRDA — 直观对比
营收规模更大
BILL
是对方的1.6倍
$261.0M
营收增速更快
BILL
高出8.3%
6.1%
净利率更高
LBRDA
高出147.4%
-0.6%
自由现金流更多
BILL
多$66.8M
$37.0M
两年增速更快
BILL
近两年复合增速
4.3%
损益表 — Q2 FY2026 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $261.0M |
| 净利润 | $-2.6M | $383.0M |
| 毛利率 | 79.8% | — |
| 营业利润率 | -4.4% | 15.7% |
| 净利率 | -0.6% | 146.7% |
| 营收同比 | 14.4% | 6.1% |
| 净利润同比 | -107.7% | 96.4% |
| 每股收益（稀释后） | $-0.03 | $2.68 |
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BILLLBRDA
| Q4 25 | $414.7M | — | ||
| Q3 25 | $395.7M | — | ||
| Q2 25 | $383.3M | $261.0M | ||
| Q1 25 | $358.2M | $266.0M | ||
| Q4 24 | $362.6M | $263.0M | ||
| Q3 24 | $358.4M | $262.0M | ||
| Q2 24 | $343.7M | $246.0M | ||
| Q1 24 | $323.0M | $245.0M |
净利润BILLLBRDA
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-3.0M | — | ||
| Q2 25 | $-7.1M | $383.0M | ||
| Q1 25 | $-11.6M | $268.0M | ||
| Q4 24 | $33.5M | $291.0M | ||
| Q3 24 | $8.9M | $142.0M | ||
| Q2 24 | $7.6M | $195.0M | ||
| Q1 24 | $31.8M | $241.0M |
毛利率BILLLBRDA
| 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% | — | ||
| Q1 24 | 83.0% | — |
营业利润率BILLLBRDA
| Q4 25 | -4.4% | — | ||
| Q3 25 | -5.2% | — | ||
| Q2 25 | -5.8% | 15.7% | ||
| Q1 25 | -8.1% | 16.2% | ||
| Q4 24 | -6.0% | 4.9% | ||
| Q3 24 | -2.1% | 11.5% | ||
| Q2 24 | -6.5% | 8.5% | ||
| Q1 24 | -8.6% | 11.4% |
净利率BILLLBRDA
| Q4 25 | -0.6% | — | ||
| Q3 25 | -0.7% | — | ||
| Q2 25 | -1.8% | 146.7% | ||
| Q1 25 | -3.2% | 100.8% | ||
| Q4 24 | 9.3% | 110.6% | ||
| Q3 24 | 2.5% | 54.2% | ||
| Q2 24 | 2.2% | 79.3% | ||
| Q1 24 | 9.8% | 98.4% |
每股收益（稀释后）BILLLBRDA
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $0.02 | $2.68 | ||
| Q1 25 | $-0.11 | $1.87 | ||
| Q4 24 | $-0.06 | $2.04 | ||
| Q3 24 | $0.08 | $0.99 | ||
| Q2 24 | $0.37 | $1.36 | ||
| Q1 24 | $0.00 | $1.69 |
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 | $180.0M |
| 总债务越低越好 | $1.8B | $3.1B |
| 股东权益账面价值 | $3.8B | $10.4B |
| 总资产 | $10.1B | $16.6B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资BILLLBRDA
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | $180.0M | ||
| Q1 25 | $1.0B | $226.0M | ||
| Q4 24 | $1.6B | $163.0M | ||
| Q3 24 | $853.5M | $168.0M | ||
| Q2 24 | $985.9M | $73.0M | ||
| Q1 24 | $952.5M | $108.0M |
总债务BILLLBRDA
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.7B | $3.1B | ||
| Q1 25 | $1.7B | $3.8B | ||
| Q4 24 | $1.7B | $3.8B | ||
| Q3 24 | $914.8M | $3.7B | ||
| Q2 24 | $914.0M | $3.6B | ||
| Q1 24 | $1.1B | $3.6B |
股东权益BILLLBRDA
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | $10.4B | ||
| Q1 25 | $3.9B | $10.1B | ||
| Q4 24 | $3.8B | $9.8B | ||
| Q3 24 | $4.0B | $9.5B | ||
| Q2 24 | $4.1B | $9.3B | ||
| Q1 24 | $4.1B | $9.1B |
总资产BILLLBRDA
| Q4 25 | $10.1B | — | ||
| Q3 25 | $10.2B | — | ||
| Q2 25 | $10.1B | $16.6B | ||
| Q1 25 | $9.6B | $17.0B | ||
| Q4 24 | $9.7B | $16.7B | ||
| Q3 24 | $9.0B | $16.3B | ||
| Q2 24 | $9.2B | $16.0B | ||
| Q1 24 | $9.1B | $15.7B |
负债/权益比BILLLBRDA
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.44× | 0.30× | ||
| Q1 25 | 0.43× | 0.38× | ||
| Q4 24 | 0.44× | 0.38× | ||
| Q3 24 | 0.23× | 0.39× | ||
| Q2 24 | 0.22× | 0.39× | ||
| Q1 24 | 0.28× | 0.40× |
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 | $91.0M |
| 自由现金流经营现金流 - 资本支出 | $103.8M | $37.0M |
| 自由现金流率自由现金流/营收 | 25.0% | 14.2% |
| 资本支出强度资本支出/营收 | 0.4% | 20.7% |
| 现金转化率经营现金流/净利润 | — | 0.24× |
| 过去12个月自由现金流最近4个季度 | $378.8M | $-49.0M |
8季度趋势，按日历期对齐
经营现金流BILLLBRDA
| Q4 25 | $105.3M | — | ||
| Q3 25 | $96.9M | — | ||
| Q2 25 | $83.8M | $91.0M | ||
| Q1 25 | $99.5M | $78.0M | ||
| Q4 24 | $78.7M | $1.0M | ||
| Q3 24 | $88.6M | $24.0M | ||
| Q2 24 | $78.6M | $27.0M | ||
| Q1 24 | $66.8M | $52.0M |
自由现金流BILLLBRDA
| Q4 25 | $103.8M | — | ||
| Q3 25 | $95.6M | — | ||
| Q2 25 | $81.0M | $37.0M | ||
| Q1 25 | $98.4M | $13.0M | ||
| Q4 24 | $78.3M | $-63.0M | ||
| Q3 24 | $88.6M | $-36.0M | ||
| Q2 24 | $78.4M | $-35.0M | ||
| Q1 24 | $66.8M | $-9.0M |
自由现金流率BILLLBRDA
| Q4 25 | 25.0% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 21.1% | 14.2% | ||
| Q1 25 | 27.5% | 4.9% | ||
| Q4 24 | 21.6% | -24.0% | ||
| Q3 24 | 24.7% | -13.7% | ||
| Q2 24 | 22.8% | -14.2% | ||
| Q1 24 | 20.7% | -3.7% |
资本支出强度BILLLBRDA
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.7% | 20.7% | ||
| Q1 25 | 0.3% | 24.4% | ||
| Q4 24 | 0.1% | 24.3% | ||
| Q3 24 | 0.0% | 22.9% | ||
| Q2 24 | 0.1% | 25.2% | ||
| Q1 24 | 0.0% | 24.9% |
现金转化率BILLLBRDA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | 2.35× | 0.00× | ||
| Q3 24 | 9.94× | 0.17× | ||
| Q2 24 | 10.35× | 0.14× | ||
| Q1 24 | 2.10× | 0.22× |
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% |
LBRDA
暂无分部数据
