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Broadstone Net Lease, Inc.（BNL）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Broadstone Net Lease, Inc.的季度营收约是Repay Holdings Corp的1.5倍（$121.4M vs $78.6M），Broadstone Net Lease, Inc.净利率更高（38.2% vs -178.3%，领先216.5%），Broadstone Net Lease, Inc.同比增速更快（11.7% vs 0.4%），过去两年Broadstone Net Lease, Inc.的营收复合增速更高（7.1% vs -1.3%）
Broadstone Net Lease, Inc.是一家房地产投资信托公司，主要在美国市场收购、持有并管理单一租户商业地产资产组合，覆盖工业设施、医疗物业、零售门店、办公空间等核心板块，所有物业均与租户签订长期净租赁协议。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
BNL vs RPAY — 直观对比
营收规模更大
BNL
是对方的1.5倍
$78.6M
营收增速更快
BNL
高出11.3%
0.4%
净利率更高
BNL
高出216.5%
-178.3%
两年增速更快
BNL
近两年复合增速
-1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $121.4M | $78.6M |
| 净利润 | $46.4M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 52.2% | -182.2% |
| 净利率 | 38.2% | -178.3% |
| 营收同比 | 11.7% | 0.4% |
| 净利润同比 | — | -3304.1% |
| 每股收益（稀释后） | $0.24 | $-1.68 |
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BNLRPAY
| Q1 26 | $121.4M | — | ||
| Q4 25 | $118.3M | $78.6M | ||
| Q3 25 | $114.2M | $77.7M | ||
| Q2 25 | $113.0M | $75.6M | ||
| Q1 25 | $108.7M | $77.3M | ||
| Q4 24 | $112.1M | $78.3M | ||
| Q3 24 | $108.4M | $79.1M | ||
| Q2 24 | $105.9M | $74.9M |
净利润BNLRPAY
| Q1 26 | $46.4M | — | ||
| Q4 25 | $33.1M | $-140.1M | ||
| Q3 25 | $26.5M | $-6.4M | ||
| Q2 25 | $20.2M | $-102.3M | ||
| Q1 25 | $16.7M | $-7.9M | ||
| Q4 24 | $26.4M | $-4.1M | ||
| Q3 24 | $35.6M | $3.2M | ||
| Q2 24 | $35.3M | $-4.1M |
毛利率BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% |
营业利润率BNLRPAY
| Q1 26 | 52.2% | — | ||
| Q4 25 | — | -182.2% | ||
| Q3 25 | — | -3.9% | ||
| Q2 25 | — | -138.7% | ||
| Q1 25 | — | -4.7% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | -0.9% | ||
| Q2 24 | — | -4.6% |
净利率BNLRPAY
| Q1 26 | 38.2% | — | ||
| Q4 25 | 28.0% | -178.3% | ||
| Q3 25 | 23.2% | -8.3% | ||
| Q2 25 | 17.8% | -135.2% | ||
| Q1 25 | 15.4% | -10.3% | ||
| Q4 24 | 23.5% | -5.3% | ||
| Q3 24 | 32.8% | 4.1% | ||
| Q2 24 | 33.4% | -5.4% |
每股收益（稀释后）BNLRPAY
| Q1 26 | $0.24 | — | ||
| Q4 25 | $0.17 | $-1.68 | ||
| Q3 25 | $0.14 | $-0.08 | ||
| Q2 25 | $0.10 | $-1.15 | ||
| Q1 25 | $0.09 | $-0.09 | ||
| Q4 24 | $0.13 | $-0.04 | ||
| Q3 24 | $0.19 | $0.03 | ||
| Q2 24 | $0.19 | $-0.04 |
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 | $20.3M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $3.0B | $484.4M |
| 总资产 | $5.8B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资BNLRPAY
| Q1 26 | $20.3M | — | ||
| Q4 25 | $30.5M | $115.7M | ||
| Q3 25 | $82.0M | $95.7M | ||
| Q2 25 | $20.8M | $162.6M | ||
| Q1 25 | $9.6M | $165.5M | ||
| Q4 24 | $14.8M | $189.5M | ||
| Q3 24 | $9.0M | $168.7M | ||
| Q2 24 | $18.3M | $147.1M |
总债务BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $280.1M | ||
| Q3 25 | $2.4B | $279.5M | ||
| Q2 25 | $2.1B | $279.0M | ||
| Q1 25 | $2.0B | $497.6M | ||
| Q4 24 | $1.9B | $496.8M | ||
| Q3 24 | $2.0B | $496.2M | ||
| Q2 24 | $1.9B | $435.6M |
股东权益BNLRPAY
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $484.4M | ||
| Q3 25 | $2.9B | $616.9M | ||
| Q2 25 | $2.9B | $633.7M | ||
| Q1 25 | $2.9B | $755.7M | ||
| Q4 24 | $3.0B | $761.3M | ||
| Q3 24 | $3.0B | $754.7M | ||
| Q2 24 | $3.1B | $815.4M |
总资产BNLRPAY
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.7B | $1.2B | ||
| Q3 25 | $5.5B | $1.3B | ||
| Q2 25 | $5.3B | $1.4B | ||
| Q1 25 | $5.2B | $1.5B | ||
| Q4 24 | $5.2B | $1.6B | ||
| Q3 24 | $5.3B | $1.6B | ||
| Q2 24 | $5.3B | $1.5B |
负债/权益比BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | 0.87× | 0.58× | ||
| Q3 25 | 0.82× | 0.45× | ||
| Q2 25 | 0.73× | 0.44× | ||
| Q1 25 | 0.68× | 0.66× | ||
| Q4 24 | 0.64× | 0.65× | ||
| Q3 24 | 0.65× | 0.66× | ||
| Q2 24 | 0.62× | 0.53× |
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 | — | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 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 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | $299.5M | $23.3M | ||
| Q3 25 | $64.2M | $32.2M | ||
| Q2 25 | $79.3M | $33.1M | ||
| Q1 25 | $71.5M | $2.5M | ||
| Q4 24 | $276.3M | $34.3M | ||
| Q3 24 | $67.3M | $60.1M | ||
| Q2 24 | $74.2M | $31.0M |
自由现金流BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | $269.8M | $23.2M | ||
| Q3 25 | $58.0M | $32.1M | ||
| Q2 25 | $76.7M | $33.0M | ||
| Q1 25 | $57.1M | $2.4M | ||
| Q4 24 | $259.5M | $34.0M | ||
| Q3 24 | $60.3M | $59.8M | ||
| Q2 24 | $74.0M | $30.5M |
自由现金流率BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | 228.1% | 29.6% | ||
| Q3 25 | 50.8% | 41.3% | ||
| Q2 25 | 67.9% | 43.6% | ||
| Q1 25 | 52.5% | 3.0% | ||
| Q4 24 | 231.4% | 43.5% | ||
| Q3 24 | 55.6% | 75.6% | ||
| Q2 24 | 69.9% | 40.7% |
资本支出强度BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | 25.1% | 0.1% | ||
| Q3 25 | 5.4% | 0.2% | ||
| Q2 25 | 2.3% | 0.1% | ||
| Q1 25 | 13.2% | 0.2% | ||
| Q4 24 | 15.0% | 0.3% | ||
| Q3 24 | 6.5% | 0.3% | ||
| Q2 24 | 0.2% | 0.6% |
现金转化率BNLRPAY
| Q1 26 | — | — | ||
| Q4 25 | 9.04× | — | ||
| Q3 25 | 2.43× | — | ||
| Q2 25 | 3.93× | — | ||
| Q1 25 | 4.27× | — | ||
| Q4 24 | 10.47× | — | ||
| Q3 24 | 1.89× | 18.52× | ||
| Q2 24 | 2.10× | — |
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
BNL
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
