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微牛（BULL）与Eventbrite, Inc.（EB）财务数据对比。点击上方公司名可切换其他公司
微牛的季度营收约是Eventbrite, Inc.的1.8倍（$131.5M vs $73.5M），Eventbrite, Inc.净利率更高（-11.1% vs -21.5%，领先10.4%），微牛同比增速更快（46.3% vs -3.9%），微牛自由现金流更多（$271.7M vs $-60.9M）
微牛（Webull）是总部位于美国佛罗里达州圣彼得堡的金融服务控股企业，核心运营与品牌同名的电子交易平台，面向用户提供便捷的线上证券等金融产品交易服务，是海外知名的互联网券商服务提供商。
Eventbrite是源自美国的线下活动服务平台，为用户提供活动浏览、创建与推广服务，支持主办方免费在平台发布不限规模、不限数量的各类活动，是全球范围内活跃度较高的活动交易与推广平台。
BULL vs EB — 直观对比
营收规模更大
BULL
是对方的1.8倍
$73.5M
营收增速更快
BULL
高出50.1%
-3.9%
净利率更高
EB
高出10.4%
-21.5%
自由现金流更多
BULL
多$332.5M
$-60.9M
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $131.5M | $73.5M |
| 净利润 | $-28.3M | $-8.2M |
| 毛利率 | — | 68.1% |
| 营业利润率 | -16.3% | -12.4% |
| 净利率 | -21.5% | -11.1% |
| 营收同比 | 46.3% | -3.9% |
| 净利润同比 | -144.3% | 2.5% |
| 每股收益（稀释后） | — | $-0.08 |
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BULLEB
| Q4 25 | — | $73.5M | ||
| Q3 25 | — | $71.7M | ||
| Q2 25 | $131.5M | $72.8M | ||
| Q1 25 | — | $73.8M | ||
| Q4 24 | — | $76.5M | ||
| Q3 24 | — | $77.8M | ||
| Q2 24 | $89.9M | $84.6M | ||
| Q1 24 | — | $86.3M |
净利润BULLEB
| Q4 25 | — | $-8.2M | ||
| Q3 25 | — | $6.4M | ||
| Q2 25 | $-28.3M | $-2.1M | ||
| Q1 25 | — | $-6.6M | ||
| Q4 24 | — | $-8.4M | ||
| Q3 24 | — | $-3.8M | ||
| Q2 24 | $-11.6M | $1.1M | ||
| Q1 24 | — | $-4.5M |
毛利率BULLEB
| Q4 25 | — | 68.1% | ||
| Q3 25 | — | 67.9% | ||
| Q2 25 | — | 67.5% | ||
| Q1 25 | — | 66.9% | ||
| Q4 24 | — | 68.2% | ||
| Q3 24 | — | 68.5% | ||
| Q2 24 | — | 70.9% | ||
| Q1 24 | — | 71.0% |
营业利润率BULLEB
| Q4 25 | — | -12.4% | ||
| Q3 25 | — | -1.3% | ||
| Q2 25 | -16.3% | -8.7% | ||
| Q1 25 | — | -13.2% | ||
| Q4 24 | — | -10.2% | ||
| Q3 24 | — | -11.5% | ||
| Q2 24 | -11.4% | -7.6% | ||
| Q1 24 | — | -8.8% |
净利率BULLEB
| Q4 25 | — | -11.1% | ||
| Q3 25 | — | 8.9% | ||
| Q2 25 | -21.5% | -2.9% | ||
| Q1 25 | — | -9.0% | ||
| Q4 24 | — | -11.0% | ||
| Q3 24 | — | -4.8% | ||
| Q2 24 | -12.9% | 1.3% | ||
| Q1 24 | — | -5.2% |
每股收益（稀释后）BULLEB
| Q4 25 | — | $-0.08 | ||
| Q3 25 | — | $0.06 | ||
| Q2 25 | — | $-0.02 | ||
| Q1 25 | — | $-0.07 | ||
| Q4 24 | — | $-0.09 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $0.01 | ||
| Q1 24 | — | $-0.05 |
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 | $476.7M | $299.9M |
| 总债务越低越好 | — | $144.4M |
| 股东权益账面价值 | $751.6M | $179.1M |
| 总资产 | $2.6B | $647.2M |
| 负债/权益比越低杠杆越低 | — | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资BULLEB
| Q4 25 | — | $299.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | $476.7M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $441.5M | ||
| Q3 24 | — | $24.7M | ||
| Q2 24 | — | $56.7M | ||
| Q1 24 | — | $113.7M |
总债务BULLEB
| Q4 25 | — | $144.4M | ||
| Q3 25 | — | $174.9M | ||
| Q2 25 | — | $241.3M | ||
| Q1 25 | — | $241.0M | ||
| Q4 24 | — | $240.7M | ||
| Q3 24 | — | $240.4M | ||
| Q2 24 | — | $358.7M | ||
| Q1 24 | — | $358.2M |
股东权益BULLEB
| Q4 25 | — | $179.1M | ||
| Q3 25 | — | $189.1M | ||
| Q2 25 | $751.6M | $177.2M | ||
| Q1 25 | — | $173.3M | ||
| Q4 24 | — | $170.2M | ||
| Q3 24 | — | $179.8M | ||
| Q2 24 | $-2.9B | $176.2M | ||
| Q1 24 | — | $184.1M |
总资产BULLEB
| Q4 25 | — | $647.2M | ||
| Q3 25 | — | $744.6M | ||
| Q2 25 | $2.6B | $784.1M | ||
| Q1 25 | — | $812.3M | ||
| Q4 24 | — | $752.3M | ||
| Q3 24 | — | $817.4M | ||
| Q2 24 | — | $894.5M | ||
| Q1 24 | — | $952.2M |
负债/权益比BULLEB
| Q4 25 | — | 0.81× | ||
| Q3 25 | — | 0.92× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.39× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 2.04× | ||
| Q1 24 | — | 1.95× |
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 | $272.1M | $-60.8M |
| 自由现金流经营现金流 - 资本支出 | $271.7M | $-60.9M |
| 自由现金流率自由现金流/营收 | 206.6% | -82.8% |
| 资本支出强度资本支出/营收 | 0.3% | 0.0% |
| 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 | — | $17.6M |
8季度趋势，按日历期对齐
经营现金流BULLEB
| Q4 25 | — | $-60.8M | ||
| Q3 25 | — | $36.7M | ||
| Q2 25 | $272.1M | $-17.5M | ||
| Q1 25 | — | $59.4M | ||
| Q4 24 | — | $-45.3M | ||
| Q3 24 | — | $44.6M | ||
| Q2 24 | — | $-32.3M | ||
| Q1 24 | — | $68.6M |
自由现金流BULLEB
| Q4 25 | — | $-60.9M | ||
| Q3 25 | — | $36.6M | ||
| Q2 25 | $271.7M | $-17.5M | ||
| Q1 25 | — | $59.4M | ||
| Q4 24 | — | $-45.3M | ||
| Q3 24 | — | $44.4M | ||
| Q2 24 | — | $-32.4M | ||
| Q1 24 | — | $68.2M |
自由现金流率BULLEB
| Q4 25 | — | -82.8% | ||
| Q3 25 | — | 51.1% | ||
| Q2 25 | 206.6% | -24.1% | ||
| Q1 25 | — | 80.4% | ||
| Q4 24 | — | -59.2% | ||
| Q3 24 | — | 57.1% | ||
| Q2 24 | — | -38.3% | ||
| Q1 24 | — | 79.1% |
资本支出强度BULLEB
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | 0.3% | 0.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.4% |
现金转化率BULLEB
| Q4 25 | — | — | ||
| Q3 25 | — | 5.76× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -30.37× | ||
| 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
BULL
暂无分部数据
EB
| US | $52.0M | 71% |
| Other | $21.6M | 29% |
