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Compass, Inc.（COMP）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Compass, Inc.的季度营收约是Snap Inc的1.1倍（$1.7B vs $1.5B），Compass, Inc.净利率更高（-2.5% vs -5.8%，领先3.3%），Compass, Inc.同比增速更快（23.1% vs 12.1%），Snap Inc自由现金流更多（$286.0M vs $42.2M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 11.2%）
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
COMP vs SNAP — 直观对比
营收规模更大
COMP
是对方的1.1倍
$1.5B
营收增速更快
COMP
高出11.0%
12.1%
净利率更高
COMP
高出3.3%
-5.8%
自由现金流更多
SNAP
多$243.8M
$42.2M
两年增速更快
COMP
近两年复合增速
11.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.5B |
| 净利润 | $-42.6M | $-89.0M |
| 毛利率 | — | 56.5% |
| 营业利润率 | -2.5% | -4.9% |
| 净利率 | -2.5% | -5.8% |
| 营收同比 | 23.1% | 12.1% |
| 净利润同比 | -5.2% | 36.3% |
| 每股收益（稀释后） | $-0.07 | $-0.05 |
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COMPSNAP
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.7B | $1.7B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.5B | $1.4B | ||
| Q2 24 | $1.7B | $1.2B |
净利润COMPSNAP
| Q1 26 | — | $-89.0M | ||
| Q4 25 | $-42.6M | $45.2M | ||
| Q3 25 | $-4.6M | $-103.5M | ||
| Q2 25 | $39.4M | $-262.6M | ||
| Q1 25 | $-50.7M | $-139.6M | ||
| Q4 24 | $-40.5M | $9.1M | ||
| Q3 24 | $-1.7M | $-153.2M | ||
| Q2 24 | $20.7M | $-248.6M |
毛利率COMPSNAP
| Q1 26 | — | 56.5% | ||
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% |
营业利润率COMPSNAP
| Q1 26 | — | -4.9% | ||
| Q4 25 | -2.5% | 2.9% | ||
| Q3 25 | -0.4% | -8.5% | ||
| Q2 25 | 1.9% | -19.3% | ||
| Q1 25 | -4.0% | -14.2% | ||
| Q4 24 | -2.9% | -1.7% | ||
| Q3 24 | -0.2% | -12.6% | ||
| Q2 24 | 1.3% | -20.5% |
净利率COMPSNAP
| Q1 26 | — | -5.8% | ||
| Q4 25 | -2.5% | 2.6% | ||
| Q3 25 | -0.2% | -6.9% | ||
| Q2 25 | 1.9% | -19.5% | ||
| Q1 25 | -3.7% | -10.2% | ||
| Q4 24 | -2.9% | 0.6% | ||
| Q3 24 | -0.1% | -11.2% | ||
| Q2 24 | 1.2% | -20.1% |
每股收益（稀释后）COMPSNAP
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $-0.07 | $0.03 | ||
| Q3 25 | $-0.01 | $-0.06 | ||
| Q2 25 | $0.07 | $-0.16 | ||
| Q1 25 | $-0.09 | $-0.08 | ||
| Q4 24 | $-0.08 | $0.01 | ||
| Q3 24 | $0.00 | $-0.09 | ||
| Q2 24 | $0.04 | $-0.15 |
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 | $199.0M | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $782.0M | $2.1B |
| 总资产 | $1.5B | $7.5B |
| 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COMPSNAP
| Q1 26 | — | $1.1B | ||
| Q4 25 | $199.0M | $2.9B | ||
| Q3 25 | $170.3M | $3.0B | ||
| Q2 25 | $177.3M | $2.9B | ||
| Q1 25 | $127.0M | $3.2B | ||
| Q4 24 | $223.8M | $3.4B | ||
| Q3 24 | $211.2M | $3.2B | ||
| Q2 24 | $185.8M | $3.1B |
总债务COMPSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益COMPSNAP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $782.0M | $2.3B | ||
| Q3 25 | $773.3M | $2.2B | ||
| Q2 25 | $719.9M | $2.1B | ||
| Q1 25 | $635.0M | $2.3B | ||
| Q4 24 | $409.4M | $2.5B | ||
| Q3 24 | $428.0M | $2.2B | ||
| Q2 24 | $398.4M | $2.1B |
总资产COMPSNAP
| Q1 26 | — | $7.5B | ||
| Q4 25 | $1.5B | $7.7B | ||
| Q3 25 | $1.6B | $7.6B | ||
| Q2 25 | $1.6B | $7.4B | ||
| Q1 25 | $1.5B | $7.6B | ||
| Q4 24 | $1.2B | $7.9B | ||
| Q3 24 | $1.2B | $7.6B | ||
| Q2 24 | $1.2B | $7.4B |
负债/权益比COMPSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | $45.3M | $326.8M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $286.0M |
| 自由现金流率自由现金流/营收 | 2.5% | 18.7% |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 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 | $203.3M | $608.8M |
8季度趋势，按日历期对齐
经营现金流COMPSNAP
| Q1 26 | — | $326.8M | ||
| Q4 25 | $45.3M | $269.6M | ||
| Q3 25 | $75.5M | $146.5M | ||
| Q2 25 | $72.8M | $88.5M | ||
| Q1 25 | $23.1M | $151.6M | ||
| Q4 24 | $30.5M | $230.6M | ||
| Q3 24 | $37.4M | $115.9M | ||
| Q2 24 | $45.0M | $-21.4M |
自由现金流COMPSNAP
| Q1 26 | — | $286.0M | ||
| Q4 25 | $42.2M | $205.6M | ||
| Q3 25 | $73.6M | $93.4M | ||
| Q2 25 | $68.0M | $23.8M | ||
| Q1 25 | $19.5M | $114.4M | ||
| Q4 24 | $26.7M | $182.4M | ||
| Q3 24 | $32.8M | $71.8M | ||
| Q2 24 | $40.4M | $-73.4M |
自由现金流率COMPSNAP
| Q1 26 | — | 18.7% | ||
| Q4 25 | 2.5% | 12.0% | ||
| Q3 25 | 4.0% | 6.2% | ||
| Q2 25 | 3.3% | 1.8% | ||
| Q1 25 | 1.4% | 8.4% | ||
| Q4 24 | 1.9% | 11.7% | ||
| Q3 24 | 2.2% | 5.2% | ||
| Q2 24 | 2.4% | -5.9% |
资本支出强度COMPSNAP
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 3.7% | ||
| Q3 25 | 0.1% | 3.5% | ||
| Q2 25 | 0.2% | 4.8% | ||
| Q1 25 | 0.3% | 2.7% | ||
| Q4 24 | 0.3% | 3.1% | ||
| Q3 24 | 0.3% | 3.2% | ||
| Q2 24 | 0.3% | 4.2% |
现金转化率COMPSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 5.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 25.34× | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.17× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
