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缤客控股（BKNG）与派洛滕（TRNR）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派洛滕的1533.6倍（$6.3B vs $4.1M）。派洛滕同比增速更快（73.8% vs 16.0%）。过去两年派洛滕的营收复合增速更高（237.7% vs 19.9%）
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。
派洛滕互动是一家总部位于纽约的美国健身器材与媒体企业，主营配备联网触控屏的动感单车、跑步机、室内划船机等产品，用户可通过订阅服务收看直播与点播健身课程，器材自带传感器可追踪运动数据，为用户提供实时表现反馈与排行榜竞技功能。
BKNG vs TRNR — 直观对比
营收规模更大
BKNG
是对方的1533.6倍
$4.1M
营收增速更快
TRNR
高出57.8%
16.0%
两年增速更快
TRNR
近两年复合增速
19.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $4.1M |
| 净利润 | — | $-10.0M |
| 毛利率 | — | 14.2% |
| 营业利润率 | 32.0% | -40.8% |
| 净利率 | — | -240.4% |
| 营收同比 | 16.0% | 73.8% |
| 净利润同比 | — | -72.8% |
| 每股收益（稀释后） | $43.66 | $-164.79 |
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BKNGTRNR
| Q4 25 | $6.3B | $4.1M | ||
| Q3 25 | $9.0B | $4.8M | ||
| Q2 25 | $6.8B | $1.2M | ||
| Q1 25 | $4.8B | $1.4M | ||
| Q4 24 | $5.5B | $2.4M | ||
| Q3 24 | $8.0B | $2.0M | ||
| Q2 24 | $5.9B | $621.0K | ||
| Q1 24 | $4.4B | $363.0K |
净利润BKNGTRNR
| Q4 25 | — | $-10.0M | ||
| Q3 25 | — | $-5.2M | ||
| Q2 25 | — | $-2.2M | ||
| Q1 25 | — | $-6.6M | ||
| Q4 24 | — | $-5.8M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-11.4M |
毛利率BKNGTRNR
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 17.1% | ||
| Q2 25 | — | -15.9% | ||
| Q1 25 | — | -22.4% | ||
| Q4 24 | — | -17.2% | ||
| Q3 24 | — | -14.3% | ||
| Q2 24 | — | -141.7% | ||
| Q1 24 | — | -330.6% |
营业利润率BKNGTRNR
| Q4 25 | 32.0% | -40.8% | ||
| Q3 25 | 38.7% | -125.3% | ||
| Q2 25 | 33.1% | -477.8% | ||
| Q1 25 | 22.3% | -465.5% | ||
| Q4 24 | 31.6% | -172.5% | ||
| Q3 24 | 39.8% | -385.0% | ||
| Q2 24 | 31.7% | -1269.2% | ||
| Q1 24 | 17.9% | -2600.8% |
净利率BKNGTRNR
| Q4 25 | — | -240.4% | ||
| Q3 25 | — | -108.6% | ||
| Q2 25 | — | -178.8% | ||
| Q1 25 | — | -486.9% | ||
| Q4 24 | — | -241.9% | ||
| Q3 24 | — | -354.6% | ||
| Q2 24 | — | -1712.9% | ||
| Q1 24 | — | -3138.8% |
每股收益（稀释后）BKNGTRNR
| Q4 25 | $43.66 | $-164.79 | ||
| Q3 25 | $84.41 | $-3.11 | ||
| Q2 25 | $27.43 | $-2.13 | ||
| Q1 25 | $10.07 | $-1.74 | ||
| Q4 24 | $31.60 | $5364.12 | ||
| Q3 24 | $74.34 | $-1534.56 | ||
| Q2 24 | $44.38 | $-17476.24 | ||
| Q1 24 | $22.37 | $-2681.82 |
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 | $512.0K |
| 总债务越低越好 | $18.7B | — |
| 股东权益账面价值 | $-5.6B | $6.4M |
| 总资产 | $29.3B | $46.8M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BKNGTRNR
| Q4 25 | $17.2B | $512.0K | ||
| Q3 25 | $16.5B | $845.0K | ||
| Q2 25 | $17.6B | $582.0K | ||
| Q1 25 | $15.6B | $2.2M | ||
| Q4 24 | $16.2B | $138.0K | ||
| Q3 24 | $15.8B | $2.3M | ||
| Q2 24 | $16.3B | $156.0K | ||
| Q1 24 | $16.0B | — |
总债务BKNGTRNR
| Q4 25 | $18.7B | — | ||
| Q3 25 | $17.0B | $46.4M | ||
| Q2 25 | $18.5B | $55.1M | ||
| Q1 25 | $16.0B | $10.9M | ||
| Q4 24 | $16.6B | $11.3M | ||
| Q3 24 | $16.2B | $14.1M | ||
| Q2 24 | $16.8B | — | ||
| Q1 24 | $16.9B | — |
股东权益BKNGTRNR
| Q4 25 | $-5.6B | $6.4M | ||
| Q3 25 | $-4.7B | $14.9M | ||
| Q2 25 | $-6.7B | $16.3M | ||
| Q1 25 | $-6.1B | $13.8M | ||
| Q4 24 | $-4.0B | $7.1M | ||
| Q3 24 | $-3.7B | $5.8M | ||
| Q2 24 | $-4.3B | $413.0K | ||
| Q1 24 | $-4.1B | $-2.9M |
总资产BKNGTRNR
| Q4 25 | $29.3B | $46.8M | ||
| Q3 25 | $28.8B | $85.4M | ||
| Q2 25 | $30.7B | $86.2M | ||
| Q1 25 | $27.2B | $37.8M | ||
| Q4 24 | $27.7B | $34.2M | ||
| Q3 24 | $28.0B | $37.8M | ||
| Q2 24 | $28.5B | $37.8M | ||
| Q1 24 | $27.7B | $39.6M |
负债/权益比BKNGTRNR
| Q4 25 | — | — | ||
| Q3 25 | — | 3.13× | ||
| Q2 25 | — | 3.39× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | — | 1.59× | ||
| Q3 24 | — | 2.43× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | — |
| 自由现金流率自由现金流/营收 | 22.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流BKNGTRNR
| Q4 25 | $1.5B | $-2.2M | ||
| Q3 25 | $1.4B | $-2.4M | ||
| Q2 25 | $3.2B | $-2.2M | ||
| Q1 25 | $3.3B | $-3.5M | ||
| Q4 24 | $721.0M | $-5.9M | ||
| Q3 24 | $2.4B | $-3.7M | ||
| Q2 24 | $2.5B | $-2.2M | ||
| Q1 24 | $2.7B | $-3.0M |
自由现金流BKNGTRNR
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $645.0M | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
自由现金流率BKNGTRNR
| Q4 25 | 22.3% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 46.1% | — | ||
| Q1 25 | 66.4% | — | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 40.6% | — | ||
| Q1 24 | 58.3% | — |
资本支出强度BKNGTRNR
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.9% | — |
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% |
TRNR
暂无分部数据
