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Allbirds, Inc.（BIRD）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是Allbirds, Inc.的1.5倍（$71.1M vs $47.7M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -41.1%，领先43.1%），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -14.6%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-4.1M），过去两年Allbirds, Inc.的营收复合增速更高（10.1% vs -4.7%）
Bird Global, Inc.是一家总部位于美国佛罗里达州迈阿密的微出行企业，成立于2017年9月。该公司主营共享电动滑板车业务，业务已覆盖全球超过350座城市。2024年4月，为避免破产，该公司被Third Lane Mobility收购。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
BIRD vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.5倍
$47.7M
营收增速更快
RMAX
高出12.8%
-14.6%
净利率更高
RMAX
高出43.1%
-41.1%
自由现金流更多
RMAX
多$37.6M
$-4.1M
两年增速更快
BIRD
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $47.7M | $71.1M |
| 净利润 | $-19.6M | $1.4M |
| 毛利率 | 37.2% | — |
| 营业利润率 | -43.5% | 13.1% |
| 净利率 | -41.1% | 2.0% |
| 营收同比 | -14.6% | -1.8% |
| 净利润同比 | 23.7% | -75.2% |
| 每股收益（稀释后） | $-2.33 | — |
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BIRDRMAX
| Q4 25 | $47.7M | $71.1M | ||
| Q3 25 | $33.0M | $73.2M | ||
| Q2 25 | $39.7M | $72.8M | ||
| Q1 25 | $32.1M | $74.5M | ||
| Q4 24 | $55.9M | $72.5M | ||
| Q3 24 | $43.0M | $78.5M | ||
| Q2 24 | $51.6M | $78.5M | ||
| Q1 24 | $39.3M | $78.3M |
净利润BIRDRMAX
| Q4 25 | $-19.6M | $1.4M | ||
| Q3 25 | $-20.3M | $4.0M | ||
| Q2 25 | $-15.5M | $4.7M | ||
| Q1 25 | $-21.9M | $-2.0M | ||
| Q4 24 | $-25.7M | $5.8M | ||
| Q3 24 | $-21.2M | $966.0K | ||
| Q2 24 | $-19.1M | $3.7M | ||
| Q1 24 | $-27.3M | $-3.4M |
毛利率BIRDRMAX
| Q4 25 | 37.2% | — | ||
| Q3 25 | 43.2% | — | ||
| Q2 25 | 40.7% | — | ||
| Q1 25 | 44.8% | — | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | 44.4% | — | ||
| Q2 24 | 50.5% | — | ||
| Q1 24 | 46.9% | — |
营业利润率BIRDRMAX
| Q4 25 | -43.5% | 13.1% | ||
| Q3 25 | -60.3% | 25.0% | ||
| Q2 25 | -41.6% | 19.3% | ||
| Q1 25 | -71.1% | 7.2% | ||
| Q4 24 | -46.1% | 5.9% | ||
| Q3 24 | -50.7% | 19.4% | ||
| Q2 24 | -39.1% | 20.6% | ||
| Q1 24 | -75.8% | 5.8% |
净利率BIRDRMAX
| Q4 25 | -41.1% | 2.0% | ||
| Q3 25 | -61.6% | 5.4% | ||
| Q2 25 | -39.1% | 6.4% | ||
| Q1 25 | -68.1% | -2.6% | ||
| Q4 24 | -46.0% | 8.0% | ||
| Q3 24 | -49.3% | 1.2% | ||
| Q2 24 | -37.1% | 4.7% | ||
| Q1 24 | -69.5% | -4.3% |
每股收益（稀释后）BIRDRMAX
| Q4 25 | $-2.33 | — | ||
| Q3 25 | $-2.49 | — | ||
| Q2 25 | $-1.92 | — | ||
| Q1 25 | $-2.73 | — | ||
| Q4 24 | $-3.22 | — | ||
| Q3 24 | $-2.68 | — | ||
| Q2 24 | $-2.45 | — | ||
| Q1 24 | $-3.52 | — |
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 | $26.7M | $118.7M |
| 总债务越低越好 | $17.4M | $432.2M |
| 股东权益账面价值 | $35.9M | $452.4M |
| 总资产 | $109.4M | $582.5M |
| 负债/权益比越低杠杆越低 | 0.48× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资BIRDRMAX
| Q4 25 | $26.7M | $118.7M | ||
| Q3 25 | $23.7M | $107.5M | ||
| Q2 25 | $33.1M | $94.3M | ||
| Q1 25 | $39.1M | $89.1M | ||
| Q4 24 | $66.7M | $96.6M | ||
| Q3 24 | $78.6M | $83.8M | ||
| Q2 24 | $87.2M | $66.1M | ||
| Q1 24 | $102.1M | $82.1M |
总债务BIRDRMAX
| Q4 25 | $17.4M | $432.2M | ||
| Q3 25 | $12.3M | $433.3M | ||
| Q2 25 | $5.0M | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $0 | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益BIRDRMAX
| Q4 25 | $35.9M | $452.4M | ||
| Q3 25 | $51.9M | $448.1M | ||
| Q2 25 | $71.4M | $442.4M | ||
| Q1 25 | $82.8M | $433.5M | ||
| Q4 24 | $101.7M | $429.5M | ||
| Q3 24 | $127.3M | $423.1M | ||
| Q2 24 | $144.0M | $418.4M | ||
| Q1 24 | $160.3M | $412.0M |
总资产BIRDRMAX
| Q4 25 | $109.4M | $582.5M | ||
| Q3 25 | $119.9M | $582.2M | ||
| Q2 25 | $136.8M | $574.8M | ||
| Q1 25 | $147.3M | $571.4M | ||
| Q4 24 | $188.9M | $581.6M | ||
| Q3 24 | $221.9M | $578.6M | ||
| Q2 24 | $239.5M | $571.4M | ||
| Q1 24 | $272.4M | $566.7M |
负债/权益比BIRDRMAX
| Q4 25 | 0.48× | 0.96× | ||
| Q3 25 | 0.24× | 0.97× | ||
| Q2 25 | 0.07× | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 0.00× | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $-3.3M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-4.1M | $33.5M |
| 自由现金流率自由现金流/营收 | -8.7% | 47.1% |
| 资本支出强度资本支出/营收 | 1.8% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-58.2M | $56.8M |
8季度趋势，按日历期对齐
经营现金流BIRDRMAX
| Q4 25 | $-3.3M | $40.9M | ||
| Q3 25 | $-15.2M | $17.7M | ||
| Q2 25 | $-8.7M | $4.6M | ||
| Q1 25 | $-27.9M | $5.7M | ||
| Q4 24 | $-10.8M | $59.7M | ||
| Q3 24 | $-11.2M | $17.6M | ||
| Q2 24 | $-15.6M | $15.9M | ||
| Q1 24 | $-26.2M | $9.4M |
自由现金流BIRDRMAX
| Q4 25 | $-4.1M | $33.5M | ||
| Q3 25 | $-16.1M | $16.4M | ||
| Q2 25 | $-9.4M | $2.9M | ||
| Q1 25 | $-28.5M | $4.0M | ||
| Q4 24 | $-11.9M | $53.0M | ||
| Q3 24 | $-11.9M | $16.3M | ||
| Q2 24 | $-16.9M | $14.0M | ||
| Q1 24 | $-27.3M | $6.8M |
自由现金流率BIRDRMAX
| Q4 25 | -8.7% | 47.1% | ||
| Q3 25 | -48.9% | 22.4% | ||
| Q2 25 | -23.7% | 4.0% | ||
| Q1 25 | -88.8% | 5.3% | ||
| Q4 24 | -21.2% | 73.2% | ||
| Q3 24 | -27.6% | 20.8% | ||
| Q2 24 | -32.8% | 17.8% | ||
| Q1 24 | -69.5% | 8.6% |
资本支出强度BIRDRMAX
| Q4 25 | 1.8% | 10.4% | ||
| Q3 25 | 2.7% | 1.8% | ||
| Q2 25 | 1.8% | 2.2% | ||
| Q1 25 | 2.0% | 2.3% | ||
| Q4 24 | 1.8% | 9.1% | ||
| Q3 24 | 1.5% | 1.7% | ||
| Q2 24 | 2.5% | 2.4% | ||
| Q1 24 | 2.9% | 3.3% |
现金转化率BIRDRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
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
BIRD
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
