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BuzzFeed, Inc.（BZFD）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是BuzzFeed, Inc.的1.3倍（$71.1M vs $56.5M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -47.4%，领先49.4%），BuzzFeed, Inc.同比增速更快（0.6% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-12.0M），过去两年BuzzFeed, Inc.的营收复合增速更高（23.6% vs -4.7%）
BuzzFeed Inc.是总部位于美国纽约的互联网数字媒体公司，主营新闻与娱乐内容业务，由乔纳·佩雷蒂与约翰·约翰逊三世于2006年创立，最初以追踪 viral 热门传播内容为核心方向，原赫芬顿邮报联合创始人肯尼思·勒勒作为联合创始投资人，现担任公司执行董事长。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
BZFD vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.3倍
$56.5M
营收增速更快
BZFD
高出2.4%
-1.8%
净利率更高
RMAX
高出49.4%
-47.4%
自由现金流更多
RMAX
多$45.5M
$-12.0M
两年增速更快
BZFD
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $56.5M | $71.1M |
| 净利润 | $-26.8M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | -43.7% | 13.1% |
| 净利率 | -47.4% | 2.0% |
| 营收同比 | 0.6% | -1.8% |
| 净利润同比 | -186.4% | -75.2% |
| 每股收益（稀释后） | $-0.72 | — |
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BZFDRMAX
| Q4 25 | $56.5M | $71.1M | ||
| Q3 25 | $46.3M | $73.2M | ||
| Q2 25 | $46.4M | $72.8M | ||
| Q1 25 | $36.0M | $74.5M | ||
| Q4 24 | $56.2M | $72.5M | ||
| Q3 24 | $55.6M | $78.5M | ||
| Q2 24 | $41.1M | $78.5M | ||
| Q1 24 | $37.0M | $78.3M |
净利润BZFDRMAX
| Q4 25 | $-26.8M | $1.4M | ||
| Q3 25 | $-7.4M | $4.0M | ||
| Q2 25 | $-10.8M | $4.7M | ||
| Q1 25 | $-12.7M | $-2.0M | ||
| Q4 24 | $31.0M | $5.8M | ||
| Q3 24 | $2.1M | $966.0K | ||
| Q2 24 | $-7.5M | $3.7M | ||
| Q1 24 | $-35.7M | $-3.4M |
营业利润率BZFDRMAX
| Q4 25 | -43.7% | 13.1% | ||
| Q3 25 | -12.9% | 25.0% | ||
| Q2 25 | -7.5% | 19.3% | ||
| Q1 25 | -38.1% | 7.2% | ||
| Q4 24 | 7.0% | 5.9% | ||
| Q3 24 | 2.8% | 19.4% | ||
| Q2 24 | -13.6% | 20.6% | ||
| Q1 24 | -63.4% | 5.8% |
净利率BZFDRMAX
| Q4 25 | -47.4% | 2.0% | ||
| Q3 25 | -16.1% | 5.4% | ||
| Q2 25 | -23.3% | 6.4% | ||
| Q1 25 | -35.2% | -2.6% | ||
| Q4 24 | 55.2% | 8.0% | ||
| Q3 24 | 3.8% | 1.2% | ||
| Q2 24 | -18.2% | 4.7% | ||
| Q1 24 | -96.5% | -4.3% |
每股收益（稀释后）BZFDRMAX
| Q4 25 | $-0.72 | — | ||
| Q3 25 | $-0.20 | — | ||
| Q2 25 | $-0.28 | — | ||
| Q1 25 | $-0.33 | — | ||
| Q4 24 | $0.86 | — | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $-0.20 | — | ||
| Q1 24 | $-0.98 | — |
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 | $8.5M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $49.4M | $452.4M |
| 总资产 | $188.1M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资BZFDRMAX
| Q4 25 | $8.5M | $118.7M | ||
| Q3 25 | $34.3M | $107.5M | ||
| Q2 25 | $29.7M | $94.3M | ||
| Q1 25 | $34.3M | $89.1M | ||
| Q4 24 | $22.4M | $96.6M | ||
| Q3 24 | $53.7M | $83.8M | ||
| Q2 24 | $45.5M | $66.1M | ||
| Q1 24 | $44.5M | $82.1M |
总债务BZFDRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益BZFDRMAX
| Q4 25 | $49.4M | $452.4M | ||
| Q3 25 | $75.9M | $448.1M | ||
| Q2 25 | $81.1M | $442.4M | ||
| Q1 25 | $93.8M | $433.5M | ||
| Q4 24 | $104.8M | $429.5M | ||
| Q3 24 | $71.7M | $423.1M | ||
| Q2 24 | $67.2M | $418.4M | ||
| Q1 24 | $73.7M | $412.0M |
总资产BZFDRMAX
| Q4 25 | $188.1M | $582.5M | ||
| Q3 25 | $211.2M | $582.2M | ||
| Q2 25 | $210.4M | $574.8M | ||
| Q1 25 | $203.2M | $571.4M | ||
| Q4 24 | $221.4M | $581.6M | ||
| Q3 24 | $276.5M | $578.6M | ||
| Q2 24 | $272.9M | $571.4M | ||
| Q1 24 | $299.0M | $566.7M |
负债/权益比BZFDRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $-11.7M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-12.0M | $33.5M |
| 自由现金流率自由现金流/营收 | -21.2% | 47.1% |
| 资本支出强度资本支出/营收 | 0.5% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-20.7M | $56.8M |
8季度趋势，按日历期对齐
经营现金流BZFDRMAX
| Q4 25 | $-11.7M | $40.9M | ||
| Q3 25 | $1.7M | $17.7M | ||
| Q2 25 | $-10.1M | $4.6M | ||
| Q1 25 | $1.3M | $5.7M | ||
| Q4 24 | $-4.6M | $59.7M | ||
| Q3 24 | $9.6M | $17.6M | ||
| Q2 24 | $-12.4M | $15.9M | ||
| Q1 24 | $-13.3M | $9.4M |
自由现金流BZFDRMAX
| Q4 25 | $-12.0M | $33.5M | ||
| Q3 25 | $892.0K | $16.4M | ||
| Q2 25 | $-10.5M | $2.9M | ||
| Q1 25 | $956.0K | $4.0M | ||
| Q4 24 | $-4.7M | $53.0M | ||
| Q3 24 | $9.3M | $16.3M | ||
| Q2 24 | $-12.5M | $14.0M | ||
| Q1 24 | $-13.4M | $6.8M |
自由现金流率BZFDRMAX
| Q4 25 | -21.2% | 47.1% | ||
| Q3 25 | 1.9% | 22.4% | ||
| Q2 25 | -22.7% | 4.0% | ||
| Q1 25 | 2.7% | 5.3% | ||
| Q4 24 | -8.4% | 73.2% | ||
| Q3 24 | 16.7% | 20.8% | ||
| Q2 24 | -30.5% | 17.8% | ||
| Q1 24 | -36.2% | 8.6% |
资本支出强度BZFDRMAX
| Q4 25 | 0.5% | 10.4% | ||
| Q3 25 | 1.8% | 1.8% | ||
| Q2 25 | 1.0% | 2.2% | ||
| Q1 25 | 1.1% | 2.3% | ||
| Q4 24 | 0.3% | 9.1% | ||
| Q3 24 | 0.5% | 1.7% | ||
| Q2 24 | 0.3% | 2.4% | ||
| Q1 24 | 0.2% | 3.3% |
现金转化率BZFDRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.15× | 10.28× | ||
| Q3 24 | 4.59× | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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
BZFD
| Advertising | $25.6M | 45% |
| Commerce And Other | $16.3M | 29% |
| Content | $14.7M | 26% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
