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芝商所（CME）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
芝商所的季度营收约是PINTEREST, INC.的1.4倍（$1.9B vs $1.3B），PINTEREST, INC.净利率更高（21.0% vs 0.1%，领先20.9%），芝商所同比增速更快（14.5% vs 14.3%），过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 10.8%）
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
CME vs PINS — 直观对比
营收规模更大
CME
是对方的1.4倍
$1.3B
营收增速更快
CME
高出0.2%
14.3%
净利率更高
PINS
高出20.9%
0.1%
两年增速更快
PINS
近两年复合增速
10.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.3B |
| 净利润 | $1.2M | $277.1M |
| 毛利率 | — | 82.8% |
| 营业利润率 | 0.1% | 22.8% |
| 净利率 | 0.1% | 21.0% |
| 营收同比 | 14.5% | 14.3% |
| 净利润同比 | 20.7% | -85.0% |
| 每股收益（稀释后） | — | $0.41 |
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CMEPINS
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.5B | $1.0B | ||
| Q2 25 | $1.7B | $998.2M | ||
| Q1 25 | $1.6B | $855.0M | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.6B | $898.4M | ||
| Q2 24 | $1.5B | $853.7M |
净利润CMEPINS
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $277.1M | ||
| Q3 25 | $908.0M | $92.1M | ||
| Q2 25 | $1.0B | $38.8M | ||
| Q1 25 | $956.2M | $8.9M | ||
| Q4 24 | $874.6M | $1.8B | ||
| Q3 24 | $912.8M | $30.6M | ||
| Q2 24 | $883.2M | $8.9M |
毛利率CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | — | 82.8% | ||
| Q3 25 | — | 79.8% | ||
| Q2 25 | — | 79.7% | ||
| Q1 25 | — | 76.7% | ||
| Q4 24 | — | 82.9% | ||
| Q3 24 | — | 79.1% | ||
| Q2 24 | — | 78.3% |
营业利润率CMEPINS
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | 22.8% | ||
| Q3 25 | 63.3% | 5.6% | ||
| Q2 25 | 66.7% | -0.4% | ||
| Q1 25 | 67.5% | -4.1% | ||
| Q4 24 | 62.1% | 22.7% | ||
| Q3 24 | 64.6% | -0.7% | ||
| Q2 24 | 65.3% | -2.5% |
净利率CMEPINS
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | 21.0% | ||
| Q3 25 | 59.1% | 8.8% | ||
| Q2 25 | 60.6% | 3.9% | ||
| Q1 25 | 58.2% | 1.0% | ||
| Q4 24 | 57.3% | 160.1% | ||
| Q3 24 | 57.6% | 3.4% | ||
| Q2 24 | 57.6% | 1.0% |
每股收益（稀释后）CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $0.41 | ||
| Q3 25 | $2.49 | $0.13 | ||
| Q2 25 | $2.81 | $0.06 | ||
| Q1 25 | $2.62 | $0.01 | ||
| Q4 24 | $2.40 | $2.66 | ||
| Q3 24 | $2.50 | $0.04 | ||
| Q2 24 | $2.42 | $0.01 |
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 | $2.4B | $969.3M |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | — | $4.7B |
| 总资产 | $202.0B | $5.5B |
| 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CMEPINS
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | $969.3M | ||
| Q3 25 | $2.6B | $1.1B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $3.0B | $1.1B | ||
| Q3 24 | $2.4B | $1.0B | ||
| Q2 24 | $1.9B | $1.4B |
总债务CMEPINS
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | $4.7B | ||
| Q3 25 | $28.2B | $4.8B | ||
| Q2 25 | $27.7B | $4.8B | ||
| Q1 25 | $27.0B | $4.7B | ||
| Q4 24 | $26.5B | $4.8B | ||
| Q3 24 | $28.2B | $2.9B | ||
| Q2 24 | $27.6B | $3.2B |
总资产CMEPINS
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $5.5B | ||
| Q3 25 | $187.1B | $5.5B | ||
| Q2 25 | $179.9B | $5.4B | ||
| Q1 25 | $157.8B | $5.3B | ||
| Q4 24 | $137.4B | $5.3B | ||
| Q3 24 | $137.8B | $3.5B | ||
| Q2 24 | $123.4B | $3.7B |
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 | — | $391.2M |
| 自由现金流经营现金流 - 资本支出 | — | $380.4M |
| 自由现金流率自由现金流/营收 | — | 28.8% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 1.41× |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $391.2M | ||
| Q3 25 | $968.1M | $321.7M | ||
| Q2 25 | $1.1B | $207.7M | ||
| Q1 25 | $1.1B | $363.7M | ||
| Q4 24 | $1.0B | $254.0M | ||
| Q3 24 | $1.0B | $248.0M | ||
| Q2 24 | $776.9M | $106.4M |
自由现金流CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $380.4M | ||
| Q3 25 | $949.7M | $318.4M | ||
| Q2 25 | $1.0B | $196.7M | ||
| Q1 25 | $1.1B | $356.4M | ||
| Q4 24 | $991.7M | $250.2M | ||
| Q3 24 | $973.2M | $244.1M | ||
| Q2 24 | $758.7M | $101.6M |
自由现金流率CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 28.8% | ||
| Q3 25 | 61.8% | 30.3% | ||
| Q2 25 | 61.5% | 19.7% | ||
| Q1 25 | 67.1% | 41.7% | ||
| Q4 24 | 65.0% | 21.7% | ||
| Q3 24 | 61.4% | 27.2% | ||
| Q2 24 | 49.5% | 11.9% |
资本支出强度CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 0.8% | ||
| Q3 25 | 1.2% | 0.3% | ||
| Q2 25 | 1.1% | 1.1% | ||
| Q1 25 | 0.9% | 0.9% | ||
| Q4 24 | 1.7% | 0.3% | ||
| Q3 24 | 1.9% | 0.4% | ||
| Q2 24 | 1.2% | 0.6% |
现金转化率CMEPINS
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 1.41× | ||
| Q3 25 | 1.07× | 3.49× | ||
| Q2 25 | 1.03× | 5.36× | ||
| Q1 25 | 1.17× | 40.77× | ||
| Q4 24 | 1.16× | 0.14× | ||
| Q3 24 | 1.10× | 8.12× | ||
| Q2 24 | 0.88× | 11.98× |
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
CME
暂无分部数据
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
