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黑鹰网络（BNAI）与IonQ, Inc.（IONQ）财务数据对比。点击上方公司名可切换其他公司
IonQ, Inc.的季度营收约是黑鹰网络的1029.4倍（$61.9M vs $60.1K）。IonQ, Inc.净利率更高（1217.8% vs -4128.4%，领先5346.1%）。IonQ, Inc.同比增速更快（428.5% vs 20.2%）
黑鹰网络控股是一家美国私营企业，主营预付卡、礼品卡与支付相关业务，在线上及全球零售网点渠道销售品牌实体与数字礼品、手机、预付借记卡及激励卡，业务覆盖线下门店、线上、移动端、激励方案等多个渠道，总部位于加州普莱森顿，2006年完成注册。
IonQ是总部位于美国马里兰州科利奇帕克的量子计算软硬件企业，专注研发通用型离子阱量子计算机及配套软件，可实现量子线路的生成、优化与执行，为多领域量子计算落地应用提供核心技术支持。
BNAI vs IONQ — 直观对比
营收规模更大
IONQ
是对方的1029.4倍
$60.1K
营收增速更快
IONQ
高出408.3%
20.2%
净利率更高
IONQ
高出5346.1%
-4128.4%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $60.1K | $61.9M |
| 净利润 | $-2.5M | $753.7M |
| 毛利率 | 100.0% | — |
| 营业利润率 | -3853.3% | -369.4% |
| 净利率 | -4128.4% | 1217.8% |
| 营收同比 | 20.2% | 428.5% |
| 净利润同比 | 57.4% | 473.1% |
| 每股收益（稀释后） | $-0.06 | $2.60 |
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BNAIIONQ
| Q4 25 | — | $61.9M | ||
| Q3 25 | $60.1K | $39.9M | ||
| Q2 25 | $5.0K | $20.7M | ||
| Q1 25 | $10.0K | $7.6M | ||
| Q4 24 | $0 | $11.7M | ||
| Q3 24 | $50.0K | $12.4M | ||
| Q2 24 | $0 | $11.4M | ||
| Q1 24 | $49.8K | $7.6M |
净利润BNAIIONQ
| Q4 25 | — | $753.7M | ||
| Q3 25 | $-2.5M | $-1.1B | ||
| Q2 25 | $905.1K | $-176.8M | ||
| Q1 25 | $-3.6M | $-32.3M | ||
| Q4 24 | — | $-202.0M | ||
| Q3 24 | $-5.8M | $-52.5M | ||
| Q2 24 | $-3.0M | $-37.6M | ||
| Q1 24 | $-6.9M | $-39.6M |
毛利率BNAIIONQ
| Q4 25 | — | — | ||
| Q3 25 | 100.0% | — | ||
| Q2 25 | 100.0% | — | ||
| Q1 25 | 100.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 100.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 100.0% | — |
营业利润率BNAIIONQ
| Q4 25 | — | -369.4% | ||
| Q3 25 | -3853.3% | -423.5% | ||
| Q2 25 | -56506.2% | -776.0% | ||
| Q1 25 | -41540.9% | -1000.3% | ||
| Q4 24 | — | -661.9% | ||
| Q3 24 | -10559.0% | -428.5% | ||
| Q2 24 | — | -430.0% | ||
| Q1 24 | -13654.9% | -697.4% |
净利率BNAIIONQ
| Q4 25 | — | 1217.8% | ||
| Q3 25 | -4128.4% | -2646.3% | ||
| Q2 25 | 18101.6% | -854.5% | ||
| Q1 25 | -36102.3% | -426.3% | ||
| Q4 24 | — | -1725.0% | ||
| Q3 24 | -11646.2% | -423.4% | ||
| Q2 24 | — | -330.0% | ||
| Q1 24 | -13826.9% | -522.2% |
每股收益（稀释后）BNAIIONQ
| Q4 25 | — | $2.60 | ||
| Q3 25 | $-0.06 | $-3.58 | ||
| Q2 25 | $0.02 | $-0.70 | ||
| Q1 25 | $-0.09 | $-0.14 | ||
| Q4 24 | — | $-0.95 | ||
| Q3 24 | $-0.16 | $-0.24 | ||
| Q2 24 | $-0.09 | $-0.18 | ||
| Q1 24 | $-0.27 | $-0.19 |
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 | $102.7K | $2.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5M | $3.8B |
| 总资产 | $16.4M | $6.6B |
| 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BNAIIONQ
| Q4 25 | — | $2.4B | ||
| Q3 25 | $102.7K | $1.1B | ||
| Q2 25 | $20.4K | $546.9M | ||
| Q1 25 | $236.2K | $588.3M | ||
| Q4 24 | $149.3K | $340.3M | ||
| Q3 24 | $72.9K | $365.7M | ||
| Q2 24 | $1.4M | $369.8M | ||
| Q1 24 | $3.3M | $375.4M |
股东权益BNAIIONQ
| Q4 25 | — | $3.8B | ||
| Q3 25 | $3.5M | $2.3B | ||
| Q2 25 | $5.7M | $1.2B | ||
| Q1 25 | $3.3M | $765.0M | ||
| Q4 24 | $2.6M | $383.9M | ||
| Q3 24 | $17.8M | $435.7M | ||
| Q2 24 | $20.6M | $463.3M | ||
| Q1 24 | $20.6M | $479.8M |
总资产BNAIIONQ
| Q4 25 | — | $6.6B | ||
| Q3 25 | $16.4M | $4.3B | ||
| Q2 25 | $17.0M | $1.3B | ||
| Q1 25 | $17.9M | $850.1M | ||
| Q4 24 | $18.1M | $508.4M | ||
| Q3 24 | $31.9M | $497.9M | ||
| Q2 24 | $34.1M | $517.4M | ||
| Q1 24 | $36.9M | $543.9M |
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 | $-107.3K | $-74.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-83.3M |
| 自由现金流率自由现金流/营收 | — | -134.6% |
| 资本支出强度资本支出/营收 | — | 14.2% |
| 现金转化率经营现金流/净利润 | — | -0.10× |
| 过去12个月自由现金流最近4个季度 | — | $-299.6M |
8季度趋势，按日历期对齐
经营现金流BNAIIONQ
| Q4 25 | — | $-74.5M | ||
| Q3 25 | $-107.3K | $-123.1M | ||
| Q2 25 | $-2.6M | $-52.6M | ||
| Q1 25 | $-2.6M | $-33.0M | ||
| Q4 24 | $-14.0M | $-39.4M | ||
| Q3 24 | $-3.1M | $-19.2M | ||
| Q2 24 | $-4.1M | $-26.6M | ||
| Q1 24 | $-4.5M | $-20.5M |
自由现金流BNAIIONQ
| Q4 25 | — | $-83.3M | ||
| Q3 25 | — | $-127.2M | ||
| Q2 25 | — | $-53.8M | ||
| Q1 25 | — | $-35.3M | ||
| Q4 24 | $-14.1M | $-43.0M | ||
| Q3 24 | $-3.1M | $-23.0M | ||
| Q2 24 | $-4.1M | $-34.1M | ||
| Q1 24 | $-4.6M | $-23.6M |
自由现金流率BNAIIONQ
| Q4 25 | — | -134.6% | ||
| Q3 25 | — | -319.1% | ||
| Q2 25 | — | -259.8% | ||
| Q1 25 | — | -467.0% | ||
| Q4 24 | — | -367.4% | ||
| Q3 24 | -6159.9% | -185.3% | ||
| Q2 24 | — | -299.3% | ||
| Q1 24 | -9164.4% | -311.3% |
资本支出强度BNAIIONQ
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | 0.0% | 30.5% | ||
| Q4 24 | — | 30.7% | ||
| Q3 24 | 53.4% | 30.4% | ||
| Q2 24 | — | 65.8% | ||
| Q1 24 | 26.2% | 41.4% |
现金转化率BNAIIONQ
| Q4 25 | — | -0.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.88× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
