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Circle Internet Group, Inc.（CRCL）与FIVE BELOW, INC（FIVE）财务数据对比。点击上方公司名可切换其他公司
FIVE BELOW, INC的季度营收约是Circle Internet Group, Inc.的1.4倍（$1.0B vs $739.8M），Circle Internet Group, Inc.净利率更高（29.0% vs 3.5%，领先25.5%），Circle Internet Group, Inc.同比增速更快（5113.5% vs 23.1%），Circle Internet Group, Inc.自由现金流更多（$-14.7M vs $-133.2M）
Circle是2013年由杰里米·阿莱尔与肖恩·内维尔联合创立的支付科技企业，目前总部位于美国纽约，核心业务覆盖稳定币发行，推出了锚定美元的USDC、锚定欧元的EURC两款稳定币，同时还发行有代币化货币市场基金产品USYC。
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
CRCL vs FIVE — 直观对比
营收规模更大
FIVE
是对方的1.4倍
$739.8M
营收增速更快
CRCL
高出5090.5%
23.1%
净利率更高
CRCL
高出25.5%
3.5%
自由现金流更多
CRCL
多$118.4M
$-133.2M
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $739.8M | $1.0B |
| 净利润 | $214.4M | $36.5M |
| 毛利率 | — | 33.8% |
| 营业利润率 | 11.0% | 4.2% |
| 净利率 | 29.0% | 3.5% |
| 营收同比 | 5113.5% | 23.1% |
| 净利润同比 | 202.0% | 2063.9% |
| 每股收益（稀释后） | $0.64 | $0.66 |
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CRCLFIVE
| Q4 25 | — | $1.0B | ||
| Q3 25 | $739.8M | $1.0B | ||
| Q2 25 | $658.1M | $970.5M | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $843.7M | ||
| Q3 24 | — | $830.1M | ||
| Q2 24 | $6.8M | $811.9M | ||
| Q1 24 | — | $1.3B |
净利润CRCLFIVE
| Q4 25 | — | $36.5M | ||
| Q3 25 | $214.4M | $42.8M | ||
| Q2 25 | $-482.1M | $41.1M | ||
| Q1 25 | — | $187.5M | ||
| Q4 24 | — | $1.7M | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | $32.9M | $31.5M | ||
| Q1 24 | — | $202.2M |
毛利率CRCLFIVE
| Q4 25 | — | 33.8% | ||
| Q3 25 | — | 33.3% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 40.2% | ||
| Q4 24 | — | 30.6% | ||
| Q3 24 | — | 32.7% | ||
| Q2 24 | — | 32.5% | ||
| Q1 24 | — | 41.2% |
营业利润率CRCLFIVE
| Q4 25 | — | 4.2% | ||
| Q3 25 | 11.0% | 5.1% | ||
| Q2 25 | -49.5% | 5.2% | ||
| Q1 25 | — | 17.7% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | 4.5% | ||
| Q1 24 | — | 20.1% |
净利率CRCLFIVE
| Q4 25 | — | 3.5% | ||
| Q3 25 | 29.0% | 4.2% | ||
| Q2 25 | -73.3% | 4.2% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | 486.5% | 3.9% | ||
| Q1 24 | — | 15.1% |
每股收益（稀释后）CRCLFIVE
| Q4 25 | — | $0.66 | ||
| Q3 25 | $0.64 | $0.77 | ||
| Q2 25 | $-4.48 | $0.75 | ||
| Q1 25 | — | $3.40 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | — | $0.60 | ||
| Q2 24 | $0.00 | $0.57 | ||
| Q1 24 | — | $3.64 |
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 | $1.3B | $524.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.0B | $2.0B |
| 总资产 | $76.8B | $4.8B |
| 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CRCLFIVE
| Q4 25 | — | $524.5M | ||
| Q3 25 | $1.3B | $670.2M | ||
| Q2 25 | $1.1B | $624.0M | ||
| Q1 25 | — | $528.8M | ||
| Q4 24 | — | $216.6M | ||
| Q3 24 | — | $327.7M | ||
| Q2 24 | $457.5M | $369.6M | ||
| Q1 24 | — | $460.1M |
股东权益CRCLFIVE
| Q4 25 | — | $2.0B | ||
| Q3 25 | $3.0B | $1.9B | ||
| Q2 25 | $2.4B | $1.9B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | $460.9M | $1.6B | ||
| Q1 24 | — | $1.6B |
总资产CRCLFIVE
| Q4 25 | — | $4.8B | ||
| Q3 25 | $76.8B | $4.6B | ||
| Q2 25 | $64.2B | $4.5B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
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 | $-10.7M | $-80.1M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $-133.2M |
| 自由现金流率自由现金流/营收 | -2.0% | -12.8% |
| 资本支出强度资本支出/营收 | 0.5% | 5.1% |
| 现金转化率经营现金流/净利润 | -0.05× | -2.19× |
| 过去12个月自由现金流最近4个季度 | — | $323.0M |
8季度趋势，按日历期对齐
经营现金流CRCLFIVE
| Q4 25 | — | $-80.1M | ||
| Q3 25 | $-10.7M | $93.0M | ||
| Q2 25 | $303.7M | $132.7M | ||
| Q1 25 | — | $363.5M | ||
| Q4 24 | — | $-30.6M | ||
| Q3 24 | — | $71.3M | ||
| Q2 24 | — | $26.4M | ||
| Q1 24 | — | $407.7M |
自由现金流CRCLFIVE
| Q4 25 | — | $-133.2M | ||
| Q3 25 | $-14.7M | $48.3M | ||
| Q2 25 | $296.3M | $96.5M | ||
| Q1 25 | — | $311.4M | ||
| Q4 24 | — | $-111.0M | ||
| Q3 24 | — | $-32.4M | ||
| Q2 24 | — | $-61.4M | ||
| Q1 24 | — | $304.6M |
自由现金流率CRCLFIVE
| Q4 25 | — | -12.8% | ||
| Q3 25 | -2.0% | 4.7% | ||
| Q2 25 | 45.0% | 9.9% | ||
| Q1 25 | — | 22.4% | ||
| Q4 24 | — | -13.2% | ||
| Q3 24 | — | -3.9% | ||
| Q2 24 | — | -7.6% | ||
| Q1 24 | — | 22.8% |
资本支出强度CRCLFIVE
| Q4 25 | — | 5.1% | ||
| Q3 25 | 0.5% | 4.4% | ||
| Q2 25 | 1.1% | 3.7% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | 12.5% | ||
| Q2 24 | — | 10.8% | ||
| Q1 24 | — | 7.7% |
现金转化率CRCLFIVE
| Q4 25 | — | -2.19× | ||
| Q3 25 | -0.05× | 2.17× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 1.94× | ||
| Q4 24 | — | -18.13× | ||
| Q3 24 | — | 2.16× | ||
| Q2 24 | — | 0.84× | ||
| Q1 24 | — | 2.02× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
