vs
康卡斯特（CMCSA）与Match Group（MTCH）财务数据对比。点击上方公司名可切换其他公司
康卡斯特的季度营收约是Match Group的35.8倍（$31.5B vs $878.0M）。Match Group净利率更高（23.9% vs 6.9%，领先17.0%）。康卡斯特同比增速更快（5.3% vs 2.1%）。康卡斯特自由现金流更多（$3.9B vs $308.1M）。过去两年康卡斯特的营收复合增速更高（2.9% vs 1.1%）
康卡斯特是美国跨国大众传媒、电信及娱乐综合集团，总部位于费城康卡斯特中心，旗下NBC环球、纽约业务及其他核心资产总部设于纽约曼哈顿中城洛克菲勒广场30号，2023年位列福布斯全球企业2000强第51位，是全球传媒娱乐领域的头部企业。
美国互联网科技企业Match Group总部位于得克萨斯州达拉斯，旗下拥有全球规模最大的在线约会服务品牌矩阵，运营Tinder、Hinge、Plenty of Fish等多款全球知名约会产品。2020年7月公司从IAC分拆为独立上市公司，截至2019年全球付费订阅用户达930万，其中近半数来自北美地区。
CMCSA vs MTCH — 直观对比
营收规模更大
CMCSA
是对方的35.8倍
$878.0M
营收增速更快
CMCSA
高出3.2%
2.1%
净利率更高
MTCH
高出17.0%
6.9%
自由现金流更多
CMCSA
多$3.6B
$308.1M
两年增速更快
CMCSA
近两年复合增速
1.1%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $31.5B | $878.0M |
| 净利润 | $2.2B | $209.7M |
| 毛利率 | — | 74.7% |
| 营业利润率 | 13.1% | 32.4% |
| 净利率 | 6.9% | 23.9% |
| 营收同比 | 5.3% | 2.1% |
| 净利润同比 | -35.6% | 32.5% |
| 每股收益（稀释后） | $0.60 | $0.83 |
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CMCSAMTCH
| Q1 26 | $31.5B | — | ||
| Q4 25 | $32.3B | $878.0M | ||
| Q3 25 | $31.2B | $914.3M | ||
| Q2 25 | $30.3B | $863.7M | ||
| Q1 25 | $29.9B | $831.2M | ||
| Q4 24 | $31.9B | $860.2M | ||
| Q3 24 | $32.1B | $895.5M | ||
| Q2 24 | $29.7B | $864.1M |
净利润CMCSAMTCH
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $209.7M | ||
| Q3 25 | $3.3B | $160.8M | ||
| Q2 25 | $11.1B | $125.5M | ||
| Q1 25 | $3.4B | $117.6M | ||
| Q4 24 | $4.8B | $158.3M | ||
| Q3 24 | $3.6B | $136.5M | ||
| Q2 24 | $3.9B | $133.3M |
毛利率CMCSAMTCH
| Q1 26 | — | — | ||
| Q4 25 | — | 74.7% | ||
| Q3 25 | — | 73.0% | ||
| Q2 25 | — | 72.0% | ||
| Q1 25 | — | 71.5% | ||
| Q4 24 | — | 72.5% | ||
| Q3 24 | — | 71.7% | ||
| Q2 24 | — | 71.6% |
营业利润率CMCSAMTCH
| Q1 26 | 13.1% | — | ||
| Q4 25 | 10.8% | 32.4% | ||
| Q3 25 | 17.7% | 24.2% | ||
| Q2 25 | 19.8% | 22.5% | ||
| Q1 25 | 18.9% | 20.8% | ||
| Q4 24 | 15.6% | 26.0% | ||
| Q3 24 | 18.3% | 23.5% | ||
| Q2 24 | 22.3% | 23.7% |
净利率CMCSAMTCH
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.7% | 23.9% | ||
| Q3 25 | 10.7% | 17.6% | ||
| Q2 25 | 36.7% | 14.5% | ||
| Q1 25 | 11.3% | 14.1% | ||
| Q4 24 | 15.0% | 18.4% | ||
| Q3 24 | 11.3% | 15.2% | ||
| Q2 24 | 13.2% | 15.4% |
每股收益（稀释后）CMCSAMTCH
| Q1 26 | $0.60 | — | ||
| Q4 25 | $0.62 | $0.83 | ||
| Q3 25 | $0.90 | $0.62 | ||
| Q2 25 | $2.98 | $0.49 | ||
| Q1 25 | $0.89 | $0.44 | ||
| Q4 24 | $1.23 | $0.59 | ||
| Q3 24 | $0.94 | $0.51 | ||
| Q2 24 | $1.00 | $0.48 |
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 | $9.5B | $1.0B |
| 总债务越低越好 | $5.4B | $3.5B |
| 股东权益账面价值 | $88.3B | $-253.5M |
| 总资产 | $260.0B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资CMCSAMTCH
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.5B | $1.0B | ||
| Q3 25 | $9.3B | $1.1B | ||
| Q2 25 | $9.7B | $340.4M | ||
| Q1 25 | $8.6B | $414.2M | ||
| Q4 24 | $7.3B | $970.7M | ||
| Q3 24 | $8.9B | $860.9M | ||
| Q2 24 | $6.2B | $843.6M |
总债务CMCSAMTCH
| Q1 26 | $5.4B | — | ||
| Q4 25 | $93.0B | $3.5B | ||
| Q3 25 | $93.2B | — | ||
| Q2 25 | $95.8B | — | ||
| Q1 25 | $92.3B | $3.4B | ||
| Q4 24 | $94.2B | $3.8B | ||
| Q3 24 | $98.8B | $3.8B | ||
| Q2 24 | $97.1B | $3.8B |
股东权益CMCSAMTCH
| Q1 26 | $88.3B | — | ||
| Q4 25 | $96.9B | $-253.5M | ||
| Q3 25 | $97.1B | $-223.9M | ||
| Q2 25 | $96.9B | $-230.9M | ||
| Q1 25 | $86.6B | $-182.7M | ||
| Q4 24 | $85.6B | $-63.7M | ||
| Q3 24 | $85.8B | $-88.5M | ||
| Q2 24 | $83.2B | $-130.2M |
总资产CMCSAMTCH
| Q1 26 | $260.0B | — | ||
| Q4 25 | $272.6B | $4.5B | ||
| Q3 25 | $273.0B | $4.5B | ||
| Q2 25 | $273.9B | $3.9B | ||
| Q1 25 | $267.8B | $3.9B | ||
| Q4 24 | $266.2B | $4.5B | ||
| Q3 24 | $269.9B | $4.4B | ||
| Q2 24 | $262.6B | $4.4B |
负债/权益比CMCSAMTCH
| Q1 26 | 0.06× | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 0.96× | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | 1.07× | — | ||
| Q4 24 | 1.10× | — | ||
| Q3 24 | 1.15× | — | ||
| Q2 24 | 1.17× | — |
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 | $6.9B | $322.8M |
| 自由现金流经营现金流 - 资本支出 | $3.9B | $308.1M |
| 自由现金流率自由现金流/营收 | 12.4% | 35.1% |
| 资本支出强度资本支出/营收 | 7.5% | 1.7% |
| 现金转化率经营现金流/净利润 | 3.17× | 1.54× |
| 过去12个月自由现金流最近4个季度 | $19.8B | $1.0B |
8季度趋势，按日历期对齐
经营现金流CMCSAMTCH
| Q1 26 | $6.9B | — | ||
| Q4 25 | $8.8B | $322.8M | ||
| Q3 25 | $8.7B | $320.6M | ||
| Q2 25 | $7.8B | $243.8M | ||
| Q1 25 | $8.3B | $193.1M | ||
| Q4 24 | $8.1B | $254.7M | ||
| Q3 24 | $7.0B | $264.9M | ||
| Q2 24 | $4.7B | $129.0M |
自由现金流CMCSAMTCH
| Q1 26 | $3.9B | — | ||
| Q4 25 | $5.1B | $308.1M | ||
| Q3 25 | $5.6B | $306.8M | ||
| Q2 25 | $5.1B | $231.0M | ||
| Q1 25 | $6.0B | $177.7M | ||
| Q4 24 | $4.2B | $247.1M | ||
| Q3 24 | $4.1B | $251.8M | ||
| Q2 24 | $2.0B | $116.3M |
自由现金流率CMCSAMTCH
| Q1 26 | 12.4% | — | ||
| Q4 25 | 15.8% | 35.1% | ||
| Q3 25 | 18.0% | 33.6% | ||
| Q2 25 | 16.9% | 26.7% | ||
| Q1 25 | 20.2% | 21.4% | ||
| Q4 24 | 13.1% | 28.7% | ||
| Q3 24 | 12.8% | 28.1% | ||
| Q2 24 | 6.7% | 13.5% |
资本支出强度CMCSAMTCH
| Q1 26 | 7.5% | — | ||
| Q4 25 | 11.6% | 1.7% | ||
| Q3 25 | 9.8% | 1.5% | ||
| Q2 25 | 8.8% | 1.5% | ||
| Q1 25 | 7.5% | 1.9% | ||
| Q4 24 | 12.3% | 0.9% | ||
| Q3 24 | 9.1% | 1.5% | ||
| Q2 24 | 9.2% | 1.5% |
现金转化率CMCSAMTCH
| Q1 26 | 3.17× | — | ||
| Q4 25 | 4.08× | 1.54× | ||
| Q3 25 | 2.61× | 1.99× | ||
| Q2 25 | 0.70× | 1.94× | ||
| Q1 25 | 2.46× | 1.64× | ||
| Q4 24 | 1.69× | 1.61× | ||
| Q3 24 | 1.93× | 1.94× | ||
| Q2 24 | 1.20× | 0.97× |
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
CMCSA
| Connectivity & Platforms | $20.0B | 63% |
| Content & Experiences | $11.9B | 38% |
MTCH
| Tinder Segment | $479.3M | 55% |
| Hinge Segment | $186.5M | 21% |
| Evergreen And Emerging Segment | $148.1M | 17% |
| MG Asia Segment | $65.8M | 7% |
