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BILL Holdings, Inc.（BILL）与Childrens Place, Inc.（PLCE）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Childrens Place, Inc.的1.2倍（$414.7M vs $339.5M），BILL Holdings, Inc.净利率更高（-0.6% vs -1.3%，领先0.6%），BILL Holdings, Inc.同比增速更快（14.4% vs -13.0%），BILL Holdings, Inc.自由现金流更多（$103.8M vs $-3.4M），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs -13.6%）
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。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
BILL vs PLCE — 直观对比
营收规模更大
BILL
是对方的1.2倍
$339.5M
营收增速更快
BILL
高出27.4%
-13.0%
净利率更高
BILL
高出0.6%
-1.3%
自由现金流更多
BILL
多$107.2M
$-3.4M
两年增速更快
BILL
近两年复合增速
-13.6%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $339.5M |
| 净利润 | $-2.6M | $-4.3M |
| 毛利率 | 79.8% | 33.1% |
| 营业利润率 | -4.4% | 1.1% |
| 净利率 | -0.6% | -1.3% |
| 营收同比 | 14.4% | -13.0% |
| 净利润同比 | -107.7% | -121.5% |
| 每股收益（稀释后） | $-0.03 | $-0.19 |
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BILLPLCE
| Q4 25 | $414.7M | $339.5M | ||
| Q3 25 | $395.7M | $298.0M | ||
| Q2 25 | $383.3M | $242.1M | ||
| Q1 25 | $358.2M | $408.6M | ||
| Q4 24 | $362.6M | $390.2M | ||
| Q3 24 | $358.4M | $319.7M | ||
| Q2 24 | $343.7M | $267.9M | ||
| Q1 24 | $323.0M | $455.0M |
净利润BILLPLCE
| Q4 25 | $-2.6M | $-4.3M | ||
| Q3 25 | $-3.0M | $-5.4M | ||
| Q2 25 | $-7.1M | $-34.0M | ||
| Q1 25 | $-11.6M | $-8.0M | ||
| Q4 24 | $33.5M | $20.1M | ||
| Q3 24 | $8.9M | $-32.1M | ||
| Q2 24 | $7.6M | $-37.8M | ||
| Q1 24 | $31.8M | $-128.8M |
毛利率BILLPLCE
| Q4 25 | 79.8% | 33.1% | ||
| Q3 25 | 80.5% | 34.0% | ||
| Q2 25 | 80.8% | 29.2% | ||
| Q1 25 | 81.2% | 28.5% | ||
| Q4 24 | 81.6% | 35.5% | ||
| Q3 24 | 82.0% | 35.0% | ||
| Q2 24 | 81.0% | 34.6% | ||
| Q1 24 | 83.0% | 21.8% |
营业利润率BILLPLCE
| Q4 25 | -4.4% | 1.1% | ||
| Q3 25 | -5.2% | 1.4% | ||
| Q2 25 | -5.8% | -10.0% | ||
| Q1 25 | -8.1% | 1.7% | ||
| Q4 24 | -6.0% | 7.5% | ||
| Q3 24 | -2.1% | -6.8% | ||
| Q2 24 | -6.5% | -10.4% | ||
| Q1 24 | -8.6% | -13.6% |
净利率BILLPLCE
| Q4 25 | -0.6% | -1.3% | ||
| Q3 25 | -0.7% | -1.8% | ||
| Q2 25 | -1.8% | -14.1% | ||
| Q1 25 | -3.2% | -2.0% | ||
| Q4 24 | 9.3% | 5.1% | ||
| Q3 24 | 2.5% | -10.0% | ||
| Q2 24 | 2.2% | -14.1% | ||
| Q1 24 | 9.8% | -28.3% |
每股收益（稀释后）BILLPLCE
| Q4 25 | $-0.03 | $-0.19 | ||
| Q3 25 | $-0.03 | $-0.24 | ||
| Q2 25 | $0.02 | $-1.57 | ||
| Q1 25 | $-0.11 | $-0.60 | ||
| Q4 24 | $-0.06 | $1.57 | ||
| Q3 24 | $0.08 | $-2.51 | ||
| Q2 24 | $0.37 | $-2.98 | ||
| Q1 24 | $0.00 | $-10.24 |
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 | $7.3M |
| 总债务越低越好 | $1.8B | $107.4M |
| 股东权益账面价值 | $3.8B | $-8.6M |
| 总资产 | $10.1B | $762.5M |
| 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BILLPLCE
| Q4 25 | $1.1B | $7.3M | ||
| Q3 25 | $1.1B | $7.8M | ||
| Q2 25 | $1.0B | $5.7M | ||
| Q1 25 | $1.0B | $5.3M | ||
| Q4 24 | $1.6B | $5.7M | ||
| Q3 24 | $853.5M | $9.6M | ||
| Q2 24 | $985.9M | $13.0M | ||
| Q1 24 | $952.5M | $13.6M |
总债务BILLPLCE
| Q4 25 | $1.8B | $107.4M | ||
| Q3 25 | $1.9B | $107.2M | ||
| Q2 25 | $1.7B | $107.0M | ||
| Q1 25 | $1.7B | $166.0M | ||
| Q4 24 | $1.7B | $165.7M | ||
| Q3 24 | $914.8M | $165.4M | ||
| Q2 24 | $914.0M | $166.6M | ||
| Q1 24 | $1.1B | $49.8M |
股东权益BILLPLCE
| Q4 25 | $3.8B | $-8.6M | ||
| Q3 25 | $3.9B | $-4.9M | ||
| Q2 25 | $3.9B | $1.4M | ||
| Q1 25 | $3.9B | $-59.4M | ||
| Q4 24 | $3.8B | $-49.6M | ||
| Q3 24 | $4.0B | $-68.9M | ||
| Q2 24 | $4.1B | $-34.9M | ||
| Q1 24 | $4.1B | $-9.0M |
总资产BILLPLCE
| Q4 25 | $10.1B | $762.5M | ||
| Q3 25 | $10.2B | $805.1M | ||
| Q2 25 | $10.1B | $779.6M | ||
| Q1 25 | $9.6B | $747.6M | ||
| Q4 24 | $9.7B | $888.8M | ||
| Q3 24 | $9.0B | $921.4M | ||
| Q2 24 | $9.2B | $848.3M | ||
| Q1 24 | $9.1B | $800.3M |
负债/权益比BILLPLCE
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.44× | 75.63× | ||
| 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 | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $103.8M | $-3.4M |
| 自由现金流率自由现金流/营收 | 25.0% | -1.0% |
| 资本支出强度资本支出/营收 | 0.4% | 2.8% |
| 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 | $39.5M |
8季度趋势，按日历期对齐
经营现金流BILLPLCE
| Q4 25 | $105.3M | $6.2M | ||
| Q3 25 | $96.9M | $-30.5M | ||
| Q2 25 | $83.8M | $-43.0M | ||
| Q1 25 | $99.5M | $121.3M | ||
| Q4 24 | $78.7M | $-44.2M | ||
| Q3 24 | $88.6M | $-83.9M | ||
| Q2 24 | $78.6M | $-110.8M | ||
| Q1 24 | $66.8M | $135.4M |
自由现金流BILLPLCE
| Q4 25 | $103.8M | $-3.4M | ||
| Q3 25 | $95.6M | $-31.9M | ||
| Q2 25 | $81.0M | $-46.4M | ||
| Q1 25 | $98.4M | $121.2M | ||
| Q4 24 | $78.3M | $-47.7M | ||
| Q3 24 | $88.6M | $-91.7M | ||
| Q2 24 | $78.4M | $-115.5M | ||
| Q1 24 | $66.8M | $132.2M |
自由现金流率BILLPLCE
| Q4 25 | 25.0% | -1.0% | ||
| Q3 25 | 24.1% | -10.7% | ||
| Q2 25 | 21.1% | -19.2% | ||
| Q1 25 | 27.5% | 29.7% | ||
| Q4 24 | 21.6% | -12.2% | ||
| Q3 24 | 24.7% | -28.7% | ||
| Q2 24 | 22.8% | -43.1% | ||
| Q1 24 | 20.7% | 29.1% |
资本支出强度BILLPLCE
| Q4 25 | 0.4% | 2.8% | ||
| Q3 25 | 0.3% | 0.5% | ||
| Q2 25 | 0.7% | 1.4% | ||
| Q1 25 | 0.3% | 0.0% | ||
| Q4 24 | 0.1% | 0.9% | ||
| Q3 24 | 0.0% | 2.4% | ||
| Q2 24 | 0.1% | 1.8% | ||
| Q1 24 | 0.0% | 0.7% |
现金转化率BILLPLCE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.35× | -2.20× | ||
| Q3 24 | 9.94× | — | ||
| Q2 24 | 10.35× | — | ||
| 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% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
