vs
BLACKLINE, INC.（BL）与Liberty Broadband Corp（LBRDA）财务数据对比。点击上方公司名可切换其他公司
Liberty Broadband Corp的季度营收约是BLACKLINE, INC.的1.4倍（$261.0M vs $183.2M），Liberty Broadband Corp净利率更高（146.7% vs 2.7%，领先144.1%），BLACKLINE, INC.同比增速更快（8.1% vs 6.1%），Liberty Broadband Corp自由现金流更多（$37.0M vs $26.1M），过去两年BLACKLINE, INC.的营收复合增速更高（7.9% vs 4.3%）
BlackLine是一家美国企业级软件公司，总部位于洛杉矶，在全球设有17个办事处，专注于开发云服务，可实现财务结账全流程自动化与管理，同时覆盖财务合并、发票到回款流程及公司间会计核算等业务场景。
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
BL vs LBRDA — 直观对比
营收规模更大
LBRDA
是对方的1.4倍
$183.2M
营收增速更快
BL
高出2.0%
6.1%
净利率更高
LBRDA
高出144.1%
2.7%
自由现金流更多
LBRDA
多$10.9M
$26.1M
两年增速更快
BL
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $261.0M |
| 净利润 | $4.9M | $383.0M |
| 毛利率 | 75.2% | — |
| 营业利润率 | 3.7% | 15.7% |
| 净利率 | 2.7% | 146.7% |
| 营收同比 | 8.1% | 6.1% |
| 净利润同比 | -91.3% | 96.4% |
| 每股收益（稀释后） | $0.07 | $2.68 |
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BLLBRDA
| Q4 25 | $183.2M | — | ||
| Q3 25 | $178.3M | — | ||
| Q2 25 | $172.0M | $261.0M | ||
| Q1 25 | $166.9M | $266.0M | ||
| Q4 24 | $169.5M | $263.0M | ||
| Q3 24 | $165.9M | $262.0M | ||
| Q2 24 | $160.5M | $246.0M | ||
| Q1 24 | $157.5M | $245.0M |
净利润BLLBRDA
| Q4 25 | $4.9M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $8.3M | $383.0M | ||
| Q1 25 | $6.1M | $268.0M | ||
| Q4 24 | $56.4M | $291.0M | ||
| Q3 24 | $17.2M | $142.0M | ||
| Q2 24 | $76.7M | $195.0M | ||
| Q1 24 | $10.8M | $241.0M |
毛利率BLLBRDA
| Q4 25 | 75.2% | — | ||
| Q3 25 | 75.1% | — | ||
| Q2 25 | 75.2% | — | ||
| Q1 25 | 75.5% | — | ||
| Q4 24 | 75.6% | — | ||
| Q3 24 | 75.2% | — | ||
| Q2 24 | 74.9% | — | ||
| Q1 24 | 75.2% | — |
营业利润率BLLBRDA
| Q4 25 | 3.7% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 4.4% | 15.7% | ||
| Q1 25 | 2.1% | 16.2% | ||
| Q4 24 | 3.7% | 4.9% | ||
| Q3 24 | 5.0% | 11.5% | ||
| Q2 24 | 1.4% | 8.5% | ||
| Q1 24 | 1.1% | 11.4% |
净利率BLLBRDA
| Q4 25 | 2.7% | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 4.8% | 146.7% | ||
| Q1 25 | 3.6% | 100.8% | ||
| Q4 24 | 33.3% | 110.6% | ||
| Q3 24 | 10.4% | 54.2% | ||
| Q2 24 | 47.8% | 79.3% | ||
| Q1 24 | 6.9% | 98.4% |
每股收益（稀释后）BLLBRDA
| Q4 25 | $0.07 | — | ||
| Q3 25 | $0.09 | — | ||
| Q2 25 | $0.13 | $2.68 | ||
| Q1 25 | $0.10 | $1.87 | ||
| Q4 24 | $0.79 | $2.04 | ||
| Q3 24 | $0.27 | $0.99 | ||
| Q2 24 | $0.22 | $1.36 | ||
| Q1 24 | $0.17 | $1.69 |
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 | $390.0M | $180.0M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $332.3M | $10.4B |
| 总资产 | $1.8B | $16.6B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资BLLBRDA
| Q4 25 | $390.0M | — | ||
| Q3 25 | $419.9M | — | ||
| Q2 25 | $459.1M | $180.0M | ||
| Q1 25 | $479.5M | $226.0M | ||
| Q4 24 | $885.9M | $163.0M | ||
| Q3 24 | $725.3M | $168.0M | ||
| Q2 24 | $616.6M | $73.0M | ||
| Q1 24 | $331.4M | $108.0M |
总债务BLLBRDA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.6B |
股东权益BLLBRDA
| Q4 25 | $332.3M | — | ||
| Q3 25 | $328.3M | — | ||
| Q2 25 | $414.0M | $10.4B | ||
| Q1 25 | $417.9M | $10.1B | ||
| Q4 24 | $446.7M | $9.8B | ||
| Q3 24 | $367.9M | $9.5B | ||
| Q2 24 | $325.8M | $9.3B | ||
| Q1 24 | $279.8M | $9.1B |
总资产BLLBRDA
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | $16.6B | ||
| Q1 25 | $1.8B | $17.0B | ||
| Q4 24 | $1.8B | $16.7B | ||
| Q3 24 | $1.7B | $16.3B | ||
| Q2 24 | $1.9B | $16.0B | ||
| Q1 24 | $2.1B | $15.7B |
负债/权益比BLLBRDA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | 0.38× | ||
| Q4 24 | — | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.40× |
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 | $26.7M | $91.0M |
| 自由现金流经营现金流 - 资本支出 | $26.1M | $37.0M |
| 自由现金流率自由现金流/营收 | 14.2% | 14.2% |
| 资本支出强度资本支出/营收 | 0.3% | 20.7% |
| 现金转化率经营现金流/净利润 | 5.46× | 0.24× |
| 过去12个月自由现金流最近4个季度 | $161.5M | $-49.0M |
8季度趋势，按日历期对齐
经营现金流BLLBRDA
| Q4 25 | $26.7M | — | ||
| Q3 25 | $63.8M | — | ||
| Q2 25 | $32.3M | $91.0M | ||
| Q1 25 | $46.7M | $78.0M | ||
| Q4 24 | $43.8M | $1.0M | ||
| Q3 24 | $55.9M | $24.0M | ||
| Q2 24 | $40.7M | $27.0M | ||
| Q1 24 | $50.4M | $52.0M |
自由现金流BLLBRDA
| Q4 25 | $26.1M | — | ||
| Q3 25 | $63.3M | — | ||
| Q2 25 | $31.4M | $37.0M | ||
| Q1 25 | $40.8M | $13.0M | ||
| Q4 24 | $43.0M | $-63.0M | ||
| Q3 24 | $55.5M | $-36.0M | ||
| Q2 24 | $40.0M | $-35.0M | ||
| Q1 24 | $50.1M | $-9.0M |
自由现金流率BLLBRDA
| Q4 25 | 14.2% | — | ||
| Q3 25 | 35.5% | — | ||
| Q2 25 | 18.2% | 14.2% | ||
| Q1 25 | 24.4% | 4.9% | ||
| Q4 24 | 25.4% | -24.0% | ||
| Q3 24 | 33.5% | -13.7% | ||
| Q2 24 | 24.9% | -14.2% | ||
| Q1 24 | 31.8% | -3.7% |
资本支出强度BLLBRDA
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.6% | 20.7% | ||
| Q1 25 | 3.6% | 24.4% | ||
| Q4 24 | 0.4% | 24.3% | ||
| Q3 24 | 0.2% | 22.9% | ||
| Q2 24 | 0.4% | 25.2% | ||
| Q1 24 | 0.2% | 24.9% |
现金转化率BLLBRDA
| Q4 25 | 5.46× | — | ||
| Q3 25 | 12.07× | — | ||
| Q2 25 | 3.90× | 0.24× | ||
| Q1 25 | 7.72× | 0.29× | ||
| Q4 24 | 0.78× | 0.00× | ||
| Q3 24 | 3.24× | 0.17× | ||
| Q2 24 | 0.53× | 0.14× | ||
| Q1 24 | 4.66× | 0.22× |
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
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
LBRDA
暂无分部数据
