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BILL Holdings, Inc.（BILL）与OUTFRONT Media Inc.（OUT）财务数据对比。点击上方公司名可切换其他公司
OUTFRONT Media Inc.的季度营收约是BILL Holdings, Inc.的1.2倍（$513.3M vs $414.7M），OUTFRONT Media Inc.净利率更高（18.9% vs -0.6%，领先19.5%），BILL Holdings, Inc.同比增速更快（14.4% vs 4.1%），BILL Holdings, Inc.自由现金流更多（$103.8M vs $93.3M），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs 12.1%）
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。
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
BILL vs OUT — 直观对比
营收规模更大
OUT
是对方的1.2倍
$414.7M
营收增速更快
BILL
高出10.3%
4.1%
净利率更高
OUT
高出19.5%
-0.6%
自由现金流更多
BILL
多$10.5M
$93.3M
两年增速更快
BILL
近两年复合增速
12.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $513.3M |
| 净利润 | $-2.6M | $96.8M |
| 毛利率 | 79.8% | — |
| 营业利润率 | -4.4% | 26.0% |
| 净利率 | -0.6% | 18.9% |
| 营收同比 | 14.4% | 4.1% |
| 净利润同比 | -107.7% | 30.8% |
| 每股收益（稀释后） | $-0.03 | $0.57 |
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BILLOUT
| Q4 25 | $414.7M | $513.3M | ||
| Q3 25 | $395.7M | $467.5M | ||
| Q2 25 | $383.3M | $460.2M | ||
| Q1 25 | $358.2M | $390.7M | ||
| Q4 24 | $362.6M | $493.2M | ||
| Q3 24 | $358.4M | $451.9M | ||
| Q2 24 | $343.7M | $477.3M | ||
| Q1 24 | $323.0M | $408.5M |
净利润BILLOUT
| Q4 25 | $-2.6M | $96.8M | ||
| Q3 25 | $-3.0M | $51.3M | ||
| Q2 25 | $-7.1M | $19.5M | ||
| Q1 25 | $-11.6M | $-20.6M | ||
| Q4 24 | $33.5M | $74.0M | ||
| Q3 24 | $8.9M | $34.6M | ||
| Q2 24 | $7.6M | $176.8M | ||
| Q1 24 | $31.8M | $-27.2M |
毛利率BILLOUT
| 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BILLOUT
| Q4 25 | -4.4% | 26.0% | ||
| Q3 25 | -5.2% | 19.2% | ||
| Q2 25 | -5.8% | 12.2% | ||
| Q1 25 | -8.1% | 3.6% | ||
| Q4 24 | -6.0% | 22.5% | ||
| Q3 24 | -2.1% | 15.8% | ||
| Q2 24 | -6.5% | 48.0% | ||
| Q1 24 | -8.6% | 3.4% |
净利率BILLOUT
| Q4 25 | -0.6% | 18.9% | ||
| Q3 25 | -0.7% | 11.0% | ||
| Q2 25 | -1.8% | 4.2% | ||
| Q1 25 | -3.2% | -5.3% | ||
| Q4 24 | 9.3% | 15.0% | ||
| Q3 24 | 2.5% | 7.7% | ||
| Q2 24 | 2.2% | 37.0% | ||
| Q1 24 | 9.8% | -6.7% |
每股收益（稀释后）BILLOUT
| Q4 25 | $-0.03 | $0.57 | ||
| Q3 25 | $-0.03 | $0.29 | ||
| Q2 25 | $0.02 | $0.10 | ||
| Q1 25 | $-0.11 | $-0.14 | ||
| Q4 24 | $-0.06 | $0.49 | ||
| Q3 24 | $0.08 | $0.19 | ||
| Q2 24 | $0.37 | $1.01 | ||
| Q1 24 | $0.00 | $-0.18 |
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 | $99.9M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $3.8B | $710.4M |
| 总资产 | $10.1B | $5.3B |
| 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BILLOUT
| Q4 25 | $1.1B | $99.9M | ||
| Q3 25 | $1.1B | $63.0M | ||
| Q2 25 | $1.0B | $28.5M | ||
| Q1 25 | $1.0B | $30.5M | ||
| Q4 24 | $1.6B | $46.9M | ||
| Q3 24 | $853.5M | $28.0M | ||
| Q2 24 | $985.9M | $49.6M | ||
| Q1 24 | $952.5M | $42.4M |
总债务BILLOUT
| 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BILLOUT
| Q4 25 | $3.8B | $710.4M | ||
| Q3 25 | $3.9B | $542.6M | ||
| Q2 25 | $3.9B | $539.1M | ||
| Q1 25 | $3.9B | $566.9M | ||
| Q4 24 | $3.8B | $649.0M | ||
| Q3 24 | $4.0B | $618.2M | ||
| Q2 24 | $4.1B | $664.9M | ||
| Q1 24 | $4.1B | $524.2M |
总资产BILLOUT
| Q4 25 | $10.1B | $5.3B | ||
| Q3 25 | $10.2B | $5.2B | ||
| Q2 25 | $10.1B | $5.1B | ||
| Q1 25 | $9.6B | $5.1B | ||
| Q4 24 | $9.7B | $5.2B | ||
| Q3 24 | $9.0B | $5.2B | ||
| Q2 24 | $9.2B | $5.3B | ||
| Q1 24 | $9.1B | $5.5B |
负债/权益比BILLOUT
| 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 | $118.1M |
| 自由现金流经营现金流 - 资本支出 | $103.8M | $93.3M |
| 自由现金流率自由现金流/营收 | 25.0% | 18.2% |
| 资本支出强度资本支出/营收 | 0.4% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.22× |
| 过去12个月自由现金流最近4个季度 | $378.8M | $218.8M |
8季度趋势，按日历期对齐
经营现金流BILLOUT
| Q4 25 | $105.3M | $118.1M | ||
| Q3 25 | $96.9M | $88.8M | ||
| Q2 25 | $83.8M | $67.1M | ||
| Q1 25 | $99.5M | $33.6M | ||
| Q4 24 | $78.7M | $124.5M | ||
| Q3 24 | $88.6M | $73.1M | ||
| Q2 24 | $78.6M | $71.0M | ||
| Q1 24 | $66.8M | $30.6M |
自由现金流BILLOUT
| Q4 25 | $103.8M | $93.3M | ||
| Q3 25 | $95.6M | $67.7M | ||
| Q2 25 | $81.0M | $41.4M | ||
| Q1 25 | $98.4M | $16.4M | ||
| Q4 24 | $78.3M | $106.3M | ||
| Q3 24 | $88.6M | $55.5M | ||
| Q2 24 | $78.4M | $47.1M | ||
| Q1 24 | $66.8M | $12.2M |
自由现金流率BILLOUT
| Q4 25 | 25.0% | 18.2% | ||
| Q3 25 | 24.1% | 14.5% | ||
| Q2 25 | 21.1% | 9.0% | ||
| Q1 25 | 27.5% | 4.2% | ||
| Q4 24 | 21.6% | 21.6% | ||
| Q3 24 | 24.7% | 12.3% | ||
| Q2 24 | 22.8% | 9.9% | ||
| Q1 24 | 20.7% | 3.0% |
资本支出强度BILLOUT
| Q4 25 | 0.4% | 4.8% | ||
| Q3 25 | 0.3% | 4.5% | ||
| Q2 25 | 0.7% | 5.6% | ||
| Q1 25 | 0.3% | 4.4% | ||
| Q4 24 | 0.1% | 3.7% | ||
| Q3 24 | 0.0% | 3.9% | ||
| Q2 24 | 0.1% | 5.0% | ||
| Q1 24 | 0.0% | 4.5% |
现金转化率BILLOUT
| Q4 25 | — | 1.22× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 3.44× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.35× | 1.68× | ||
| Q3 24 | 9.94× | 2.11× | ||
| Q2 24 | 10.35× | 0.40× | ||
| Q1 24 | 2.10× | — |
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% |
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
