vs
Blend Labs, Inc.（BLND）与Trade Desk (The)（TTD）财务数据对比。点击上方公司名可切换其他公司
Trade Desk (The)的季度营收约是Blend Labs, Inc.的26.1倍（$846.8M vs $32.4M）。Trade Desk (The)净利率更高（22.1% vs -7.8%，领先29.9%）。Trade Desk (The)同比增速更快（14.3% vs 7.6%）。Trade Desk (The)自由现金流更多（$285.3M vs $-21.0K）。过去两年Trade Desk (The)的营收复合增速更高（31.3% vs 16.6%）
GU Energy Labs是一家总部位于美国加利福尼亚州伯克利的运动营养产品生产商，核心产品为深受耐力运动爱好者青睐的能量胶，可在各类运动中快速易消化吸收。此外品牌还推出能量咀嚼糖、冲调饮品、补水片、 stroopwafel荷蘭焦糖煎餅以及Roctane系列产品，涵盖能量冲饮、蛋白恢复冲饮、能量胶和胶囊等，公司于1994年由比尔·沃恩创立。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
BLND vs TTD — 直观对比
营收规模更大
TTD
是对方的26.1倍
$32.4M
营收增速更快
TTD
高出6.7%
7.6%
净利率更高
TTD
高出29.9%
-7.8%
自由现金流更多
TTD
多$285.3M
$-21.0K
两年增速更快
TTD
近两年复合增速
16.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $32.4M | $846.8M |
| 净利润 | $-2.5M | $186.9M |
| 毛利率 | 75.7% | 80.7% |
| 营业利润率 | -11.1% | 30.3% |
| 净利率 | -7.8% | 22.1% |
| 营收同比 | 7.6% | 14.3% |
| 净利润同比 | -207.0% | 2.6% |
| 每股收益（稀释后） | — | $0.39 |
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BLNDTTD
| Q4 25 | $32.4M | $846.8M | ||
| Q3 25 | $32.7M | $739.4M | ||
| Q2 25 | $31.6M | $694.0M | ||
| Q1 25 | $26.8M | $616.0M | ||
| Q4 24 | $30.1M | $741.0M | ||
| Q3 24 | $33.1M | $628.0M | ||
| Q2 24 | $28.7M | $584.5M | ||
| Q1 24 | $23.8M | $491.3M |
净利润BLNDTTD
| Q4 25 | $-2.5M | $186.9M | ||
| Q3 25 | $12.1M | $115.5M | ||
| Q2 25 | $-6.8M | $90.1M | ||
| Q1 25 | $-9.5M | $50.7M | ||
| Q4 24 | $-825.0K | $182.2M | ||
| Q3 24 | $-2.4M | $94.2M | ||
| Q2 24 | $-19.4M | $85.0M | ||
| Q1 24 | $-20.7M | $31.7M |
毛利率BLNDTTD
| Q4 25 | 75.7% | 80.7% | ||
| Q3 25 | 74.3% | 78.1% | ||
| Q2 25 | 73.8% | 78.2% | ||
| Q1 25 | 70.8% | 76.8% | ||
| Q4 24 | 74.2% | 81.7% | ||
| Q3 24 | 74.0% | 80.5% | ||
| Q2 24 | 70.9% | 81.1% | ||
| Q1 24 | 67.3% | 78.9% |
营业利润率BLNDTTD
| Q4 25 | -11.1% | 30.3% | ||
| Q3 25 | -16.4% | 21.8% | ||
| Q2 25 | -15.3% | 16.8% | ||
| Q1 25 | -29.7% | 8.8% | ||
| Q4 24 | -10.9% | 26.4% | ||
| Q3 24 | -34.1% | 17.3% | ||
| Q2 24 | -45.5% | 16.2% | ||
| Q1 24 | -89.0% | 5.8% |
净利率BLNDTTD
| Q4 25 | -7.8% | 22.1% | ||
| Q3 25 | 37.0% | 15.6% | ||
| Q2 25 | -21.6% | 13.0% | ||
| Q1 25 | -35.5% | 8.2% | ||
| Q4 24 | -2.7% | 24.6% | ||
| Q3 24 | -7.4% | 15.0% | ||
| Q2 24 | -67.6% | 14.5% | ||
| Q1 24 | -86.7% | 6.4% |
每股收益（稀释后）BLNDTTD
| Q4 25 | — | $0.39 | ||
| Q3 25 | $0.02 | $0.23 | ||
| Q2 25 | — | $0.18 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | $-0.03 | $0.36 | ||
| Q3 24 | $-0.03 | $0.19 | ||
| Q2 24 | $-0.09 | $0.17 | ||
| Q1 24 | $-0.09 | $0.06 |
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 | $68.3M | $1.3B |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $-30.5M | $2.5B |
| 总资产 | $170.0M | $6.2B |
| 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BLNDTTD
| Q4 25 | $68.3M | $1.3B | ||
| Q3 25 | $77.3M | $1.4B | ||
| Q2 25 | $88.3M | $1.7B | ||
| Q1 25 | $104.8M | $1.7B | ||
| Q4 24 | $94.2M | $1.9B | ||
| Q3 24 | $112.3M | $1.7B | ||
| Q2 24 | $108.9M | $1.5B | ||
| Q1 24 | $121.1M | $1.4B |
总债务BLNDTTD
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $138.9M | — |
股东权益BLNDTTD
| Q4 25 | $-30.5M | $2.5B | ||
| Q3 25 | $-13.4M | $2.6B | ||
| Q2 25 | $-23.1M | $2.7B | ||
| Q1 25 | $-17.2M | $2.7B | ||
| Q4 24 | $-56.4M | $2.9B | ||
| Q3 24 | $-49.6M | $2.6B | ||
| Q2 24 | $-45.5M | $2.4B | ||
| Q1 24 | $-35.8M | $2.2B |
总资产BLNDTTD
| Q4 25 | $170.0M | $6.2B | ||
| Q3 25 | $188.6M | $5.9B | ||
| Q2 25 | $182.2M | $6.0B | ||
| Q1 25 | $187.5M | $5.7B | ||
| Q4 24 | $178.1M | $6.1B | ||
| Q3 24 | $186.1M | $5.5B | ||
| Q2 24 | $185.4M | $5.2B | ||
| Q1 24 | $201.8M | $4.7B |
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 | $1.5M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | $-21.0K | $285.3M |
| 自由现金流率自由现金流/营收 | -0.1% | 33.7% |
| 资本支出强度资本支出/营收 | 4.8% | 3.1% |
| 现金转化率经营现金流/净利润 | — | 1.67× |
| 过去12个月自由现金流最近4个季度 | $-81.0K | $795.7M |
8季度趋势，按日历期对齐
经营现金流BLNDTTD
| Q4 25 | $1.5M | $311.6M | ||
| Q3 25 | $-3.6M | $224.7M | ||
| Q2 25 | $-6.5M | $165.0M | ||
| Q1 25 | $20.1M | $291.4M | ||
| Q4 24 | $-4.6M | $199.4M | ||
| Q3 24 | $2.1M | $273.3M | ||
| Q2 24 | $-6.7M | $81.3M | ||
| Q1 24 | $-3.9M | $185.5M |
自由现金流BLNDTTD
| Q4 25 | $-21.0K | $285.3M | ||
| Q3 25 | $-5.8M | $158.3M | ||
| Q2 25 | $-10.1M | $119.8M | ||
| Q1 25 | $15.8M | $232.3M | ||
| Q4 24 | $-7.1M | $179.2M | ||
| Q3 24 | $-1.4M | $224.6M | ||
| Q2 24 | $-8.5M | $59.1M | ||
| Q1 24 | $-5.8M | $178.2M |
自由现金流率BLNDTTD
| Q4 25 | -0.1% | 33.7% | ||
| Q3 25 | -17.6% | 21.4% | ||
| Q2 25 | -31.9% | 17.3% | ||
| Q1 25 | 58.9% | 37.7% | ||
| Q4 24 | -23.5% | 24.2% | ||
| Q3 24 | -4.1% | 35.8% | ||
| Q2 24 | -29.7% | 10.1% | ||
| Q1 24 | -24.5% | 36.3% |
资本支出强度BLNDTTD
| Q4 25 | 4.8% | 3.1% | ||
| Q3 25 | 6.5% | 9.0% | ||
| Q2 25 | 11.4% | 6.5% | ||
| Q1 25 | 16.1% | 9.6% | ||
| Q4 24 | 8.3% | 2.7% | ||
| Q3 24 | 10.4% | 7.8% | ||
| Q2 24 | 6.5% | 3.8% | ||
| Q1 24 | 8.2% | 1.5% |
现金转化率BLNDTTD
| Q4 25 | — | 1.67× | ||
| Q3 25 | -0.30× | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 2.90× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 5.86× |
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
BLND
| Mortgage Suite | $18.9M | 58% |
| Consumer Banking Suite | $11.4M | 35% |
| Professional Services | $2.1M | 6% |
TTD
暂无分部数据
