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Maplebear Inc.（CART）与PennyMac Financial Services, Inc.（PFSI）财务数据对比。点击上方公司名可切换其他公司
Maplebear Inc.的季度营收约是PennyMac Financial Services, Inc.的1.8倍（$992.0M vs $538.0M），PennyMac Financial Services, Inc.净利率更高（1752.5% vs 8.2%，领先1744.3%），PennyMac Financial Services, Inc.同比增速更快（14.4% vs 12.3%），Maplebear Inc.自由现金流更多（$171.0M vs $-1.7B），过去两年PennyMac Financial Services, Inc.的营收复合增速更高（32.7% vs 10.0%）
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。
PennyMac Financial Services是总部位于美国加利福尼亚州西湖村的住宅抵押贷款企业，核心业务涵盖美国抵押贷款的发放、贷后服务，以及抵押贷款市场相关投资管理。公司下设两家子公司，其中PNMAC资本管理有限公司负责运营旗下的抵押贷款不动产投资信托（REIT）PennyMac Mortgage Investment Trust。
CART vs PFSI — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $538.0M |
| 净利润 | $81.0M | $106.8M |
| 毛利率 | 72.3% | — |
| 营业利润率 | 9.9% | 25.0% |
| 净利率 | 8.2% | 1752.5% |
| 营收同比 | 12.3% | 14.4% |
| 净利润同比 | -45.3% | 2.2% |
| 每股收益（稀释后） | $0.31 | $1.97 |
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
| Q4 25 | $992.0M | $538.0M | ||
| Q3 25 | $939.0M | $632.9M | ||
| Q2 25 | $914.0M | $444.7M | ||
| Q1 25 | $897.0M | $430.9M | ||
| Q4 24 | $883.0M | $470.1M | ||
| Q3 24 | $852.0M | $411.8M | ||
| Q2 24 | $823.0M | $406.1M | ||
| Q1 24 | $820.0M | $305.7M |
| Q4 25 | $81.0M | $106.8M | ||
| Q3 25 | $144.0M | $181.5M | ||
| Q2 25 | $116.0M | $136.5M | ||
| Q1 25 | $106.0M | $76.3M | ||
| Q4 24 | $148.0M | $104.5M | ||
| Q3 24 | $118.0M | $69.4M | ||
| Q2 24 | $61.0M | $98.3M | ||
| Q1 24 | $130.0M | $39.3M |
| Q4 25 | 72.3% | — | ||
| Q3 25 | 73.7% | — | ||
| Q2 25 | 74.2% | — | ||
| Q1 25 | 74.8% | — | ||
| Q4 24 | 75.2% | — | ||
| Q3 24 | 75.2% | — | ||
| Q2 24 | 75.7% | — | ||
| Q1 24 | 74.9% | — |
| Q4 25 | 9.9% | 25.0% | ||
| Q3 25 | 17.7% | 37.3% | ||
| Q2 25 | 13.6% | 17.2% | ||
| Q1 25 | 12.3% | 24.2% | ||
| Q4 24 | 17.6% | 27.5% | ||
| Q3 24 | 16.2% | 22.8% | ||
| Q2 24 | 6.3% | 33.0% | ||
| Q1 24 | 17.6% | 14.4% |
| Q4 25 | 8.2% | 1752.5% | ||
| Q3 25 | 15.3% | 28.7% | ||
| Q2 25 | 12.7% | 30.7% | ||
| Q1 25 | 11.8% | 17.7% | ||
| Q4 24 | 16.8% | 2559.8% | ||
| Q3 24 | 13.8% | 16.8% | ||
| Q2 24 | 7.4% | 24.2% | ||
| Q1 24 | 15.9% | 12.9% |
| Q4 25 | $0.31 | $1.97 | ||
| Q3 25 | $0.51 | $3.37 | ||
| Q2 25 | $0.41 | $2.54 | ||
| Q1 25 | $0.37 | $1.42 | ||
| Q4 24 | $0.53 | $1.95 | ||
| Q3 24 | $0.42 | $1.30 | ||
| Q2 24 | $0.20 | $1.85 | ||
| Q1 24 | $0.43 | $0.74 |
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 | $410.0M |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $2.5B | $4.3B |
| 总资产 | $3.7B | $29.4B |
| 负债/权益比越低杠杆越低 | — | 1.45× |
8季度趋势，按日历期对齐
| Q4 25 | $687.0M | $410.0M | ||
| Q3 25 | $1.7B | $62.2M | ||
| Q2 25 | $1.6B | $462.3M | ||
| Q1 25 | $1.6B | $443.4M | ||
| Q4 24 | $1.4B | $420.6M | ||
| Q3 24 | $1.3B | $667.9M | ||
| Q2 24 | $1.4B | $188.8M | ||
| Q1 24 | $1.5B | $69.0K |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | $4.9B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $2.5B | $4.3B | ||
| Q3 25 | $3.5B | $4.2B | ||
| Q2 25 | $3.3B | $4.0B | ||
| Q1 25 | $3.2B | $3.9B | ||
| Q4 24 | $3.1B | $3.8B | ||
| Q3 24 | $2.9B | $3.7B | ||
| Q2 24 | $3.0B | $3.7B | ||
| Q1 24 | $3.1B | $3.6B |
| Q4 25 | $3.7B | $29.4B | ||
| Q3 25 | $4.5B | $25.4B | ||
| Q2 25 | $4.4B | $24.2B | ||
| Q1 25 | $4.3B | $23.9B | ||
| Q4 24 | $4.1B | $26.1B | ||
| Q3 24 | $3.9B | $22.9B | ||
| Q2 24 | $4.0B | $21.6B | ||
| Q1 24 | $4.1B | $19.8B |
| Q4 25 | — | 1.45× | ||
| Q3 25 | — | 1.48× | ||
| Q2 25 | — | 1.38× | ||
| Q1 25 | — | 1.48× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.35× | ||
| Q1 24 | — | 1.27× |
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 | $-1.7B |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $-1.7B |
| 自由现金流率自由现金流/营收 | 17.2% | -309.3% |
| 资本支出强度资本支出/营收 | 1.2% | 2.2% |
| 现金转化率经营现金流/净利润 | 2.26× | -15.46× |
| 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
| Q4 25 | $183.0M | $-1.7B | ||
| Q3 25 | $287.0M | $-697.4M | ||
| Q2 25 | $203.0M | $-131.3M | ||
| Q1 25 | $298.0M | $1.1B | ||
| Q4 24 | $153.0M | $-4.5B | ||
| Q3 24 | $185.0M | $-393.7M | ||
| Q2 24 | $244.0M | $-1.1B | ||
| Q1 24 | $105.0M | $-897.9M |
| Q4 25 | $171.0M | $-1.7B | ||
| Q3 25 | $272.0M | $-699.4M | ||
| Q2 25 | $187.0M | $-132.6M | ||
| Q1 25 | $280.0M | $1.1B | ||
| Q4 24 | $141.0M | $-4.5B | ||
| Q3 24 | $171.0M | $-393.9M | ||
| Q2 24 | $220.0M | $-1.1B | ||
| Q1 24 | $91.0M | $-898.9M |
| Q4 25 | 17.2% | -309.3% | ||
| Q3 25 | 29.0% | -110.5% | ||
| Q2 25 | 20.5% | -29.8% | ||
| Q1 25 | 31.2% | 247.3% | ||
| Q4 24 | 16.0% | -964.7% | ||
| Q3 24 | 20.1% | -95.6% | ||
| Q2 24 | 26.7% | -269.2% | ||
| Q1 24 | 11.1% | -294.1% |
| Q4 25 | 1.2% | 2.2% | ||
| Q3 25 | 1.6% | 0.3% | ||
| Q2 25 | 1.8% | 0.3% | ||
| Q1 25 | 2.0% | 0.1% | ||
| Q4 24 | 1.4% | 0.4% | ||
| Q3 24 | 1.6% | 0.0% | ||
| Q2 24 | 2.9% | 0.1% | ||
| Q1 24 | 1.7% | 0.3% |
| Q4 25 | 2.26× | -15.46× | ||
| Q3 25 | 1.99× | -3.84× | ||
| Q2 25 | 1.75× | -0.96× | ||
| Q1 25 | 2.81× | 13.97× | ||
| Q4 24 | 1.03× | -43.39× | ||
| Q3 24 | 1.57× | -5.68× | ||
| Q2 24 | 4.00× | -11.12× | ||
| Q1 24 | 0.81× | -22.84× |
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% |
PFSI
暂无分部数据
