vs
Maplebear Inc.（CART）与Frontier Communications Parent, Inc.（FYBR）财务数据对比。点击上方公司名可切换其他公司
Frontier Communications Parent, Inc.的季度营收约是Maplebear Inc.的1.5倍（$1.5B vs $992.0M），Maplebear Inc.净利率更高（8.2% vs -5.0%，领先13.1%），Maplebear Inc.同比增速更快（12.3% vs 4.2%），Maplebear Inc.自由现金流更多（$171.0M vs $-315.0M），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs 4.3%）
Maplebear Inc. 以Instacart为品牌开展业务，是总部位于美国旧金山的零售媒体及配送企业，在美国和加拿大运营生鲜杂货配送与自提服务。用户可通过官网及移动应用从合作商户订购食品杂货，在法律允许的地区还可选购酒类商品，所有订单由专属采购专员负责拣选、打包并配送上门。
前沿通信母公司是一家美国电信企业，隶属于威瑞森，拥有光纤通信网络，并提供云相关服务，该公司曾先后更名为公民公用事业公司、公民通信公司和前沿通信公司，是美国本土知名电信运营商之一。
CART vs FYBR — 直观对比
营收规模更大
FYBR
是对方的1.5倍
$992.0M
营收增速更快
CART
高出8.1%
4.2%
净利率更高
CART
高出13.1%
-5.0%
自由现金流更多
CART
多$486.0M
$-315.0M
两年增速更快
CART
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $1.5B |
| 净利润 | $81.0M | $-76.0M |
| 毛利率 | 72.3% | 64.3% |
| 营业利润率 | 9.9% | 7.6% |
| 净利率 | 8.2% | -5.0% |
| 营收同比 | 12.3% | 4.2% |
| 净利润同比 | -45.3% | 7.3% |
| 每股收益（稀释后） | $0.31 | $-0.30 |
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CARTFYBR
| Q4 25 | $992.0M | — | ||
| Q3 25 | $939.0M | $1.5B | ||
| Q2 25 | $914.0M | $1.5B | ||
| Q1 25 | $897.0M | $1.5B | ||
| Q4 24 | $883.0M | $1.5B | ||
| Q3 24 | $852.0M | $1.5B | ||
| Q2 24 | $823.0M | $1.5B | ||
| Q1 24 | $820.0M | $1.4B |
净利润CARTFYBR
| Q4 25 | $81.0M | — | ||
| Q3 25 | $144.0M | $-76.0M | ||
| Q2 25 | $116.0M | $-123.0M | ||
| Q1 25 | $106.0M | $-64.0M | ||
| Q4 24 | $148.0M | $-118.0M | ||
| Q3 24 | $118.0M | $-82.0M | ||
| Q2 24 | $61.0M | $-123.0M | ||
| Q1 24 | $130.0M | $1.0M |
毛利率CARTFYBR
| Q4 25 | 72.3% | — | ||
| Q3 25 | 73.7% | 64.3% | ||
| Q2 25 | 74.2% | 65.0% | ||
| Q1 25 | 74.8% | 65.2% | ||
| Q4 24 | 75.2% | 64.2% | ||
| Q3 24 | 75.2% | 63.4% | ||
| Q2 24 | 75.7% | 64.8% | ||
| Q1 24 | 74.9% | 63.9% |
营业利润率CARTFYBR
| Q4 25 | 9.9% | — | ||
| Q3 25 | 17.7% | 7.6% | ||
| Q2 25 | 13.6% | 2.9% | ||
| Q1 25 | 12.3% | 5.1% | ||
| Q4 24 | 17.6% | 5.8% | ||
| Q3 24 | 16.2% | 5.8% | ||
| Q2 24 | 6.3% | 6.2% | ||
| Q1 24 | 17.6% | 6.2% |
净利率CARTFYBR
| Q4 25 | 8.2% | — | ||
| Q3 25 | 15.3% | -5.0% | ||
| Q2 25 | 12.7% | -8.1% | ||
| Q1 25 | 11.8% | -4.3% | ||
| Q4 24 | 16.8% | -7.9% | ||
| Q3 24 | 13.8% | -5.6% | ||
| Q2 24 | 7.4% | -8.4% | ||
| Q1 24 | 15.9% | 0.1% |
每股收益（稀释后）CARTFYBR
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.51 | $-0.30 | ||
| Q2 25 | $0.41 | $-0.49 | ||
| Q1 25 | $0.37 | $-0.26 | ||
| Q4 24 | $0.53 | $-0.48 | ||
| Q3 24 | $0.42 | $-0.33 | ||
| Q2 24 | $0.20 | $-0.49 | ||
| Q1 24 | $0.43 | $0.00 |
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 | $687.0M | $336.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $4.7B |
| 总资产 | $3.7B | $21.6B |
| 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CARTFYBR
| Q4 25 | $687.0M | — | ||
| Q3 25 | $1.7B | $336.0M | ||
| Q2 25 | $1.6B | $412.0M | ||
| Q1 25 | $1.6B | $506.0M | ||
| Q4 24 | $1.4B | $750.0M | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.5B | $1.5B |
股东权益CARTFYBR
| Q4 25 | $2.5B | — | ||
| Q3 25 | $3.5B | $4.7B | ||
| Q2 25 | $3.3B | $4.8B | ||
| Q1 25 | $3.2B | $4.9B | ||
| Q4 24 | $3.1B | $4.9B | ||
| Q3 24 | $2.9B | $5.1B | ||
| Q2 24 | $3.0B | $5.1B | ||
| Q1 24 | $3.1B | $5.3B |
总资产CARTFYBR
| Q4 25 | $3.7B | — | ||
| Q3 25 | $4.5B | $21.6B | ||
| Q2 25 | $4.4B | $21.3B | ||
| Q1 25 | $4.3B | $20.9B | ||
| Q4 24 | $4.1B | $20.6B | ||
| Q3 24 | $3.9B | $20.9B | ||
| Q2 24 | $4.0B | $20.2B | ||
| Q1 24 | $4.1B | $20.2B |
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 | $183.0M | $504.0M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $-315.0M |
| 自由现金流率自由现金流/营收 | 17.2% | -20.5% |
| 资本支出强度资本支出/营收 | 1.2% | 53.4% |
| 现金转化率经营现金流/净利润 | 2.26× | — |
| 过去12个月自由现金流最近4个季度 | $910.0M | $-1.4B |
8季度趋势，按日历期对齐
经营现金流CARTFYBR
| Q4 25 | $183.0M | — | ||
| Q3 25 | $287.0M | $504.0M | ||
| Q2 25 | $203.0M | $477.0M | ||
| Q1 25 | $298.0M | $519.0M | ||
| Q4 24 | $153.0M | $294.0M | ||
| Q3 24 | $185.0M | $618.0M | ||
| Q2 24 | $244.0M | $374.0M | ||
| Q1 24 | $105.0M | $335.0M |
自由现金流CARTFYBR
| Q4 25 | $171.0M | — | ||
| Q3 25 | $272.0M | $-315.0M | ||
| Q2 25 | $187.0M | $-368.0M | ||
| Q1 25 | $280.0M | $-238.0M | ||
| Q4 24 | $141.0M | $-498.0M | ||
| Q3 24 | $171.0M | $-81.0M | ||
| Q2 24 | $220.0M | $-252.0M | ||
| Q1 24 | $91.0M | $-331.0M |
自由现金流率CARTFYBR
| Q4 25 | 17.2% | — | ||
| Q3 25 | 29.0% | -20.5% | ||
| Q2 25 | 20.5% | -24.2% | ||
| Q1 25 | 31.2% | -15.9% | ||
| Q4 24 | 16.0% | -33.4% | ||
| Q3 24 | 20.1% | -5.5% | ||
| Q2 24 | 26.7% | -17.2% | ||
| Q1 24 | 11.1% | -22.9% |
资本支出强度CARTFYBR
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.6% | 53.4% | ||
| Q2 25 | 1.8% | 55.5% | ||
| Q1 25 | 2.0% | 50.6% | ||
| Q4 24 | 1.4% | 53.2% | ||
| Q3 24 | 1.6% | 47.5% | ||
| Q2 24 | 2.9% | 42.7% | ||
| Q1 24 | 1.7% | 46.1% |
现金转化率CARTFYBR
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.75× | — | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 4.00× | — | ||
| Q1 24 | 0.81× | 335.00× |
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
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
FYBR
| Consumer | $826.0M | 54% |
| Business And Wholesale | $707.0M | 46% |
