vs
PATHWARD FINANCIAL, INC.（CASH）与猫途鹰（TRIP）财务数据对比。点击上方公司名可切换其他公司
猫途鹰的季度营收约是PATHWARD FINANCIAL, INC.的1.5倍（$411.0M vs $276.3M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs -9.2%，领先35.6%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 2.0%）
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
TripAdvisor是美国知名在线旅游服务企业，旗下运营在线旅行社平台、旅游产品比价网站及移动应用，平台拥有大量用户生成的真实旅行内容，为全球消费者提供出行规划、预订等多元服务。
CASH vs TRIP — 直观对比
营收规模更大
TRIP
是对方的1.5倍
$276.3M
净利率更高
CASH
高出35.6%
-9.2%
两年增速更快
CASH
近两年复合增速
2.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $411.0M |
| 净利润 | $72.9M | $-38.0M |
| 毛利率 | — | 91.5% |
| 营业利润率 | — | -8.3% |
| 净利率 | 26.4% | -9.2% |
| 营收同比 | — | 0.0% |
| 净利润同比 | — | -3900.0% |
| 每股收益（稀释后） | $3.35 | $-0.32 |
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CASHTRIP
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $411.0M | ||
| Q3 25 | $186.7M | $553.0M | ||
| Q2 25 | $195.8M | $529.0M | ||
| Q1 25 | $274.8M | $398.0M | ||
| Q4 24 | $182.6M | $411.0M | ||
| Q3 24 | $179.5M | $532.0M | ||
| Q2 24 | $188.6M | $497.0M |
净利润CASHTRIP
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $-38.0M | ||
| Q3 25 | $38.8M | $53.0M | ||
| Q2 25 | $42.1M | $36.0M | ||
| Q1 25 | $75.0M | $-11.0M | ||
| Q4 24 | $30.0M | $1.0M | ||
| Q3 24 | $33.5M | $39.0M | ||
| Q2 24 | $44.9M | $24.0M |
毛利率CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | — | 91.5% | ||
| Q3 25 | — | 92.6% | ||
| Q2 25 | — | 92.1% | ||
| Q1 25 | — | 93.2% | ||
| Q4 24 | — | 93.4% | ||
| Q3 24 | — | 92.5% | ||
| Q2 24 | — | 92.8% |
营业利润率CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | -8.3% | ||
| Q3 25 | 25.9% | 12.7% | ||
| Q2 25 | 24.1% | 11.2% | ||
| Q1 25 | 33.2% | -3.8% | ||
| Q4 24 | 19.8% | 0.2% | ||
| Q3 24 | 20.9% | 13.2% | ||
| Q2 24 | 27.1% | 7.2% |
净利率CASHTRIP
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | -9.2% | ||
| Q3 25 | 20.8% | 9.6% | ||
| Q2 25 | 21.5% | 6.8% | ||
| Q1 25 | 27.3% | -2.8% | ||
| Q4 24 | 16.4% | 0.2% | ||
| Q3 24 | 18.7% | 7.3% | ||
| Q2 24 | 23.8% | 4.8% |
每股收益（稀释后）CASHTRIP
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $-0.32 | ||
| Q3 25 | $1.69 | $0.43 | ||
| Q2 25 | $1.81 | $0.28 | ||
| Q1 25 | $3.14 | $-0.08 | ||
| Q4 24 | $1.23 | $0.03 | ||
| Q3 24 | $1.34 | $0.27 | ||
| Q2 24 | $1.78 | $0.17 |
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 | $157.6M | $1.0B |
| 总债务越低越好 | $59.5M | $819.0M |
| 股东权益账面价值 | $850.7M | $645.0M |
| 总资产 | $7.1B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.07× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资CASHTRIP
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $1.0B | ||
| Q3 25 | $120.6M | $1.2B | ||
| Q2 25 | $258.3M | $1.2B | ||
| Q1 25 | $254.2M | $1.2B | ||
| Q4 24 | $597.4M | $1.1B | ||
| Q3 24 | $158.3M | $1.1B | ||
| Q2 24 | $298.9M | $1.2B |
总债务CASHTRIP
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | $819.0M | ||
| Q3 25 | $33.5M | $821.0M | ||
| Q2 25 | $33.4M | $822.0M | ||
| Q1 25 | $33.4M | $1.2B | ||
| Q4 24 | $33.4M | $831.0M | ||
| Q3 24 | $33.4M | $832.0M | ||
| Q2 24 | $33.3M | — |
股东权益CASHTRIP
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $645.0M | ||
| Q3 25 | $858.0M | $707.0M | ||
| Q2 25 | $819.0M | $627.0M | ||
| Q1 25 | $814.7M | $643.0M | ||
| Q4 24 | $758.3M | $943.0M | ||
| Q3 24 | $822.5M | $944.0M | ||
| Q2 24 | $748.4M | $857.0M |
总资产CASHTRIP
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $2.6B | ||
| Q3 25 | $7.2B | $2.8B | ||
| Q2 25 | $7.2B | $2.9B | ||
| Q1 25 | $7.0B | $2.8B | ||
| Q4 24 | $7.6B | $2.6B | ||
| Q3 24 | $7.5B | $2.7B | ||
| Q2 24 | $7.5B | $2.8B |
负债/权益比CASHTRIP
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | 1.27× | ||
| Q3 25 | 0.04× | 1.16× | ||
| Q2 25 | 0.04× | 1.31× | ||
| Q1 25 | 0.04× | 1.81× | ||
| Q4 24 | 0.04× | 0.88× | ||
| Q3 24 | 0.04× | 0.88× | ||
| Q2 24 | 0.04× | — |
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 | — | $-103.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-122.0M |
| 自由现金流率自由现金流/营收 | — | -29.7% |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 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 | — | $163.0M |
8季度趋势，按日历期对齐
经营现金流CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $-103.0M | ||
| Q3 25 | $303.7M | $44.0M | ||
| Q2 25 | $30.4M | $202.0M | ||
| Q1 25 | $188.3M | $102.0M | ||
| Q4 24 | $-71.7M | $-3.0M | ||
| Q3 24 | $143.1M | $-43.0M | ||
| Q2 24 | $113.2M | $51.0M |
自由现金流CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $-122.0M | ||
| Q3 25 | $300.3M | $25.0M | ||
| Q2 25 | $27.7M | $177.0M | ||
| Q1 25 | $184.7M | $83.0M | ||
| Q4 24 | $-73.8M | $-26.0M | ||
| Q3 24 | $138.8M | $-63.0M | ||
| Q2 24 | $111.0M | $36.0M |
自由现金流率CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | -29.7% | ||
| Q3 25 | 160.9% | 4.5% | ||
| Q2 25 | 14.1% | 33.5% | ||
| Q1 25 | 67.2% | 20.9% | ||
| Q4 24 | -40.4% | -6.3% | ||
| Q3 24 | 77.3% | -11.8% | ||
| Q2 24 | 58.8% | 7.2% |
资本支出强度CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 4.6% | ||
| Q3 25 | 1.8% | 3.4% | ||
| Q2 25 | 1.4% | 4.7% | ||
| Q1 25 | 1.3% | 4.8% | ||
| Q4 24 | 1.1% | 5.6% | ||
| Q3 24 | 2.4% | 3.8% | ||
| Q2 24 | 1.2% | 3.0% |
现金转化率CASHTRIP
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | 0.83× | ||
| Q2 25 | 0.72× | 5.61× | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | -3.00× | ||
| Q3 24 | 4.27× | -1.10× | ||
| Q2 24 | 2.52× | 2.13× |
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
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
