vs
缤客控股（BKNG）与Funko, Inc.（FNKO）财务数据对比。点击上方公司名可切换其他公司
缤客控股的季度营收约是Funko, Inc.的23.2倍（$6.3B vs $273.1M）。缤客控股同比增速更快（16.0% vs -7.0%）。缤客控股自由现金流更多（$1.4B vs $19.2M）。过去两年缤客控股的营收复合增速更高（19.9% vs 12.5%）
缤客控股是全球领先的旅行服务集团，旗下运营Booking.com、Priceline、Agoda、Kayak等知名在线平台，为休闲及商务旅客提供酒店预订、机票订购、租车服务、度假套餐、餐厅预约等服务，业务覆盖全球绝大多数国家和地区，合作数百万家旅游及餐饮商户。
Funko是一家美国知名流行文化周边收藏品牌，主打获得IP授权的限量收藏商品，以 vinyl 搪胶收藏人偶和摇头公仔闻名，同时也生产授权毛绒玩具、可动玩偶、服饰、配件及周边桌游。该品牌由迈克·贝克尔与克劳迪娅·贝克尔于1998年创立，最初只是主打复古怀旧风的小型手工玩具项目。
BKNG vs FNKO — 直观对比
营收规模更大
BKNG
是对方的23.2倍
$273.1M
营收增速更快
BKNG
高出23.1%
-7.0%
自由现金流更多
BKNG
多$1.4B
$19.2M
两年增速更快
BKNG
近两年复合增速
12.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $273.1M |
| 净利润 | — | $-183.0K |
| 毛利率 | — | — |
| 营业利润率 | 32.0% | 2.2% |
| 净利率 | — | -0.1% |
| 营收同比 | 16.0% | -7.0% |
| 净利润同比 | — | 87.8% |
| 每股收益（稀释后） | $43.66 | $0.00 |
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BKNGFNKO
| Q4 25 | $6.3B | $273.1M | ||
| Q3 25 | $9.0B | $250.9M | ||
| Q2 25 | $6.8B | $193.5M | ||
| Q1 25 | $4.8B | $190.7M | ||
| Q4 24 | $5.5B | $293.7M | ||
| Q3 24 | $8.0B | $292.8M | ||
| Q2 24 | $5.9B | $247.7M | ||
| Q1 24 | $4.4B | $215.7M |
净利润BKNGFNKO
| Q4 25 | — | $-183.0K | ||
| Q3 25 | — | $901.0K | ||
| Q2 25 | — | $-40.5M | ||
| Q1 25 | — | $-27.6M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $4.3M | ||
| Q2 24 | — | $5.1M | ||
| Q1 24 | — | $-22.7M |
毛利率BKNGFNKO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 40.9% | ||
| Q2 24 | — | 42.0% | ||
| Q1 24 | — | 40.0% |
营业利润率BKNGFNKO
| Q4 25 | 32.0% | 2.2% | ||
| Q3 25 | 38.7% | 2.6% | ||
| Q2 25 | 33.1% | -18.0% | ||
| Q1 25 | 22.3% | -12.2% | ||
| Q4 24 | 31.6% | 1.8% | ||
| Q3 24 | 39.8% | 4.0% | ||
| Q2 24 | 31.7% | 4.3% | ||
| Q1 24 | 17.9% | -6.9% |
净利率BKNGFNKO
| Q4 25 | — | -0.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | -20.9% | ||
| Q1 25 | — | -14.5% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | -10.5% |
每股收益（稀释后）BKNGFNKO
| Q4 25 | $43.66 | $0.00 | ||
| Q3 25 | $84.41 | $0.02 | ||
| Q2 25 | $27.43 | $-0.74 | ||
| Q1 25 | $10.07 | $-0.52 | ||
| Q4 24 | $31.60 | $-0.01 | ||
| Q3 24 | $74.34 | $0.08 | ||
| Q2 24 | $44.38 | $0.10 | ||
| Q1 24 | $22.37 | $-0.45 |
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 | $17.2B | $42.1M |
| 总债务越低越好 | $18.7B | $100.3M |
| 股东权益账面价值 | $-5.6B | $185.8M |
| 总资产 | $29.3B | $685.2M |
| 负债/权益比越低杠杆越低 | — | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资BKNGFNKO
| Q4 25 | $17.2B | $42.1M | ||
| Q3 25 | $16.5B | $39.2M | ||
| Q2 25 | $17.6B | $49.2M | ||
| Q1 25 | $15.6B | $25.9M | ||
| Q4 24 | $16.2B | $34.7M | ||
| Q3 24 | $15.8B | $28.5M | ||
| Q2 24 | $16.3B | $41.6M | ||
| Q1 24 | $16.0B | $26.1M |
总债务BKNGFNKO
| Q4 25 | $18.7B | $100.3M | ||
| Q3 25 | $17.0B | $106.0M | ||
| Q2 25 | $18.5B | $111.6M | ||
| Q1 25 | $16.0B | $117.2M | ||
| Q4 24 | $16.6B | $122.8M | ||
| Q3 24 | $16.2B | $128.4M | ||
| Q2 24 | $16.8B | $133.9M | ||
| Q1 24 | $16.9B | $139.4M |
股东权益BKNGFNKO
| Q4 25 | $-5.6B | $185.8M | ||
| Q3 25 | $-4.7B | $182.7M | ||
| Q2 25 | $-6.7B | $181.2M | ||
| Q1 25 | $-6.1B | $212.8M | ||
| Q4 24 | $-4.0B | $233.0M | ||
| Q3 24 | $-3.7B | $236.5M | ||
| Q2 24 | $-4.3B | $223.5M | ||
| Q1 24 | $-4.1B | $212.5M |
总资产BKNGFNKO
| Q4 25 | $29.3B | $685.2M | ||
| Q3 25 | $28.8B | $699.3M | ||
| Q2 25 | $30.7B | $694.9M | ||
| Q1 25 | $27.2B | $648.4M | ||
| Q4 24 | $27.7B | $707.3M | ||
| Q3 24 | $28.0B | $783.6M | ||
| Q2 24 | $28.5B | $737.8M | ||
| Q1 24 | $27.7B | $725.5M |
负债/权益比BKNGFNKO
| Q4 25 | — | 0.54× | ||
| Q3 25 | — | 0.58× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.66× |
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 | $1.5B | $28.1M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $19.2M |
| 自由现金流率自由现金流/营收 | 22.3% | 7.0% |
| 资本支出强度资本支出/营收 | 1.1% | 3.3% |
| 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 | $9.1B | $-38.1M |
8季度趋势，按日历期对齐
经营现金流BKNGFNKO
| Q4 25 | $1.5B | $28.1M | ||
| Q3 25 | $1.4B | $11.2M | ||
| Q2 25 | $3.2B | $-22.2M | ||
| Q1 25 | $3.3B | $-22.3M | ||
| Q4 24 | $721.0M | $59.8M | ||
| Q3 24 | $2.4B | $3.3M | ||
| Q2 24 | $2.5B | $45.9M | ||
| Q1 24 | $2.7B | $14.5M |
自由现金流BKNGFNKO
| Q4 25 | $1.4B | $19.2M | ||
| Q3 25 | $1.4B | $3.4M | ||
| Q2 25 | $3.1B | $-31.8M | ||
| Q1 25 | $3.2B | $-28.8M | ||
| Q4 24 | $645.0M | $47.8M | ||
| Q3 24 | $2.3B | $-4.2M | ||
| Q2 24 | $2.4B | $36.8M | ||
| Q1 24 | $2.6B | $10.3M |
自由现金流率BKNGFNKO
| Q4 25 | 22.3% | 7.0% | ||
| Q3 25 | 15.2% | 1.3% | ||
| Q2 25 | 46.1% | -16.5% | ||
| Q1 25 | 66.4% | -15.1% | ||
| Q4 24 | 11.8% | 16.3% | ||
| Q3 24 | 28.7% | -1.4% | ||
| Q2 24 | 40.6% | 14.9% | ||
| Q1 24 | 58.3% | 4.8% |
资本支出强度BKNGFNKO
| Q4 25 | 1.1% | 3.3% | ||
| Q3 25 | 0.7% | 3.1% | ||
| Q2 25 | 0.9% | 5.0% | ||
| Q1 25 | 2.5% | 3.4% | ||
| Q4 24 | 1.4% | 4.1% | ||
| Q3 24 | 1.0% | 2.6% | ||
| Q2 24 | 2.5% | 3.7% | ||
| Q1 24 | 2.9% | 1.9% |
现金转化率BKNGFNKO
| Q4 25 | — | — | ||
| Q3 25 | — | 12.47× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 8.97× | ||
| 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
BKNG
| Merchant Revenue | $4.2B | 67% |
| Agency Revenue | $1.8B | 28% |
| Advertisingandotherrevenues | $309.0M | 5% |
FNKO
| Core Collectibles | $221.0M | 81% |
| Loungefly LLC | $43.1M | 16% |
| Other Products Excluding Core Collectibles And Loungefly Brands | $9.0M | 3% |
