vs
黑鹰网络（BNAI）与勤达睿（KD）财务数据对比。点击上方公司名可切换其他公司
勤达睿的季度营收约是黑鹰网络的64188.3倍（$3.9B vs $60.1K）。勤达睿净利率更高（1.5% vs -4128.4%，领先4129.8%）。黑鹰网络同比增速更快（20.2% vs 3.1%）
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。
勤达睿是总部位于美国纽约的跨国IT基础设施服务提供商，2021年由IBM的基础设施服务业务分拆独立成立。公司业务涵盖大型信息系统的设计、搭建、运维与开发，同时提供商业咨询服务，是目前全球最大的IT基础设施服务提供商、全球第五大咨询服务提供商。
BNAI vs KD — 直观对比
营收规模更大
KD
是对方的64188.3倍
$60.1K
营收增速更快
BNAI
高出17.2%
3.1%
净利率更高
KD
高出4129.8%
-4128.4%
损益表 — Q3 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $60.1K | $3.9B |
| 净利润 | $-2.5M | $57.0M |
| 毛利率 | 100.0% | 21.8% |
| 营业利润率 | -3853.3% | 2.4% |
| 净利率 | -4128.4% | 1.5% |
| 营收同比 | 20.2% | 3.1% |
| 净利润同比 | 57.4% | -73.5% |
| 每股收益（稀释后） | $-0.06 | $0.25 |
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BNAIKD
| Q4 25 | — | $3.9B | ||
| Q3 25 | $60.1K | $3.7B | ||
| Q2 25 | $5.0K | $3.7B | ||
| Q1 25 | $10.0K | $3.8B | ||
| Q4 24 | $0 | $3.7B | ||
| Q3 24 | $50.0K | $3.8B | ||
| Q2 24 | $0 | $3.7B | ||
| Q1 24 | $49.8K | $3.9B |
净利润BNAIKD
| Q4 25 | — | $57.0M | ||
| Q3 25 | $-2.5M | $68.0M | ||
| Q2 25 | $905.1K | $56.0M | ||
| Q1 25 | $-3.6M | $69.0M | ||
| Q4 24 | — | $215.0M | ||
| Q3 24 | $-5.8M | $-43.0M | ||
| Q2 24 | $-3.0M | $11.0M | ||
| Q1 24 | $-6.9M | $-45.0M |
毛利率BNAIKD
| Q4 25 | — | 21.8% | ||
| Q3 25 | 100.0% | 21.5% | ||
| Q2 25 | 100.0% | 21.3% | ||
| Q1 25 | 100.0% | 21.7% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | 100.0% | 19.9% | ||
| Q2 24 | — | 21.5% | ||
| Q1 24 | 100.0% | 18.6% |
营业利润率BNAIKD
| Q4 25 | — | 2.4% | ||
| Q3 25 | -3853.3% | 2.6% | ||
| Q2 25 | -56506.2% | 2.5% | ||
| Q1 25 | -41540.9% | 3.1% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | -10559.0% | -0.1% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | -13654.9% | -0.1% |
净利率BNAIKD
| Q4 25 | — | 1.5% | ||
| Q3 25 | -4128.4% | 1.8% | ||
| Q2 25 | 18101.6% | 1.5% | ||
| Q1 25 | -36102.3% | 1.8% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | -11646.2% | -1.1% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | -13826.9% | -1.2% |
每股收益（稀释后）BNAIKD
| Q4 25 | — | $0.25 | ||
| Q3 25 | $-0.06 | $0.29 | ||
| Q2 25 | $0.02 | $0.23 | ||
| Q1 25 | $-0.09 | $0.30 | ||
| Q4 24 | — | $0.89 | ||
| Q3 24 | $-0.16 | $-0.19 | ||
| Q2 24 | $-0.09 | $0.05 | ||
| 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 | $1.3B |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.5M | $1.2B |
| 总资产 | $16.4M | $11.3B |
| 负债/权益比越低杠杆越低 | — | 1.92× |
8季度趋势，按日历期对齐
现金及短期投资BNAIKD
| Q4 25 | — | $1.3B | ||
| Q3 25 | $102.7K | $1.3B | ||
| Q2 25 | $20.4K | $1.5B | ||
| Q1 25 | $236.2K | $1.8B | ||
| Q4 24 | $149.3K | $1.5B | ||
| Q3 24 | $72.9K | $1.3B | ||
| Q2 24 | $1.4M | $1.3B | ||
| Q1 24 | $3.3M | $1.6B |
总债务BNAIKD
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.1B |
股东权益BNAIKD
| Q4 25 | — | $1.2B | ||
| Q3 25 | $3.5M | $1.2B | ||
| Q2 25 | $5.7M | $1.2B | ||
| Q1 25 | $3.3M | $1.2B | ||
| Q4 24 | $2.6M | $1.1B | ||
| Q3 24 | $17.8M | $1.1B | ||
| Q2 24 | $20.6M | $996.0M | ||
| Q1 24 | $20.6M | $1.0B |
总资产BNAIKD
| Q4 25 | — | $11.3B | ||
| Q3 25 | $16.4M | $11.2B | ||
| Q2 25 | $17.0M | $11.5B | ||
| Q1 25 | $17.9M | $10.5B | ||
| Q4 24 | $18.1M | $9.9B | ||
| Q3 24 | $31.9M | $10.4B | ||
| Q2 24 | $34.1M | $10.2B | ||
| Q1 24 | $36.9M | $10.6B |
负债/权益比BNAIKD
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | — | 2.44× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 2.81× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.12× | ||
| Q1 24 | — | 3.07× |
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 | $428.0M |
| 自由现金流经营现金流 - 资本支出 | — | $208.0M |
| 自由现金流率自由现金流/营收 | — | 5.4% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | — | 7.51× |
| 过去12个月自由现金流最近4个季度 | — | $299.0M |
8季度趋势，按日历期对齐
经营现金流BNAIKD
| Q4 25 | — | $428.0M | ||
| Q3 25 | $-107.3K | $146.0M | ||
| Q2 25 | $-2.6M | $-124.0M | ||
| Q1 25 | $-2.6M | $581.0M | ||
| Q4 24 | $-14.0M | $260.0M | ||
| Q3 24 | $-3.1M | $149.0M | ||
| Q2 24 | $-4.1M | $-48.0M | ||
| Q1 24 | $-4.5M | $145.0M |
自由现金流BNAIKD
| Q4 25 | — | $208.0M | ||
| Q3 25 | — | $17.0M | ||
| Q2 25 | — | $-267.0M | ||
| Q1 25 | — | $341.0M | ||
| Q4 24 | $-14.1M | $151.0M | ||
| Q3 24 | $-3.1M | $15.0M | ||
| Q2 24 | $-4.1M | $-170.0M | ||
| Q1 24 | $-4.6M | $-57.0M |
自由现金流率BNAIKD
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | -7.1% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | -6159.9% | 0.4% | ||
| Q2 24 | — | -4.5% | ||
| Q1 24 | -9164.4% | -1.5% |
资本支出强度BNAIKD
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | 0.0% | 6.3% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | 53.4% | 3.6% | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | 26.2% | 5.2% |
现金转化率BNAIKD
| Q4 25 | — | 7.51× | ||
| Q3 25 | — | 2.15× | ||
| Q2 25 | -2.88× | -2.21× | ||
| Q1 25 | — | 8.42× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -4.36× | ||
| 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
BNAI
暂无分部数据
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
