vs
QWEST CORP（CTBB）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
QWEST CORP的季度营收约是Reddit, Inc.的1.7倍（$1.1B vs $663.0M），Reddit, Inc.净利率更高（30.8% vs -187.5%，领先218.2%），Reddit, Inc.同比增速更快（69.0% vs -15.0%），Reddit, Inc.自由现金流更多（$311.0M vs $160.0M），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs -8.6%）
奎斯特公司（以CenturyLink QC名义运营）是一家隶属于 lumen Technologies 的地区性贝尔运营公司。其前身为1911年成立的山地电话电报公司，先后更名为山地贝尔、美国西部通讯，2000年改为现名，业务整合了原Malheur Bell、西北贝尔、太平洋西北贝尔的运营资源。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
CTBB vs RDDT — 直观对比
营收规模更大
CTBB
是对方的1.7倍
$663.0M
营收增速更快
RDDT
高出84.0%
-15.0%
净利率更高
RDDT
高出218.2%
-187.5%
自由现金流更多
RDDT
多$151.0M
$160.0M
两年增速更快
RDDT
近两年复合增速
-8.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $663.0M |
| 净利润 | $-2.1B | $204.0M |
| 毛利率 | 67.9% | 100.0% |
| 营业利润率 | -183.2% | 0.0% |
| 净利率 | -187.5% | 30.8% |
| 营收同比 | -15.0% | 69.0% |
| 净利润同比 | -627.9% | 680.0% |
| 每股收益（稀释后） | — | $1.01 |
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CTBBRDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | $1.1B | $725.6M | ||
| Q3 25 | $1.1B | $584.9M | ||
| Q2 25 | $1.1B | $499.6M | ||
| Q1 25 | $1.2B | $392.4M | ||
| Q4 24 | $1.3B | $427.7M | ||
| Q3 24 | $1.3B | $348.4M | ||
| Q2 24 | $1.3B | $281.2M |
净利润CTBBRDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | $-2.1B | $251.6M | ||
| Q3 25 | $176.0M | $162.7M | ||
| Q2 25 | $277.0M | $89.3M | ||
| Q1 25 | $284.0M | $26.2M | ||
| Q4 24 | $391.0M | $71.0M | ||
| Q3 24 | $365.0M | $29.9M | ||
| Q2 24 | $378.0M | $-10.1M |
毛利率CTBBRDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | 67.9% | 91.9% | ||
| Q3 25 | 65.3% | 91.0% | ||
| Q2 25 | 68.2% | 90.8% | ||
| Q1 25 | 69.3% | 90.5% | ||
| Q4 24 | 71.2% | 92.6% | ||
| Q3 24 | 69.9% | 90.1% | ||
| Q2 24 | 71.6% | 89.5% |
营业利润率CTBBRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | -183.2% | 31.9% | ||
| Q3 25 | 22.3% | 23.7% | ||
| Q2 25 | 33.1% | 13.6% | ||
| Q1 25 | 33.7% | 1.0% | ||
| Q4 24 | 40.7% | 12.4% | ||
| Q3 24 | 38.5% | 2.0% | ||
| Q2 24 | 40.3% | -11.0% |
净利率CTBBRDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | -187.5% | 34.7% | ||
| Q3 25 | 16.1% | 27.8% | ||
| Q2 25 | 24.3% | 17.9% | ||
| Q1 25 | 24.7% | 6.7% | ||
| Q4 24 | 30.2% | 16.6% | ||
| Q3 24 | 28.2% | 8.6% | ||
| Q2 24 | 28.7% | -3.6% |
每股收益（稀释后）CTBBRDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | — | $1.24 | ||
| Q3 25 | — | $0.80 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $4.76 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | — | $-0.06 |
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 | $39.0M | $1.4B |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $10.9B | $3.2B |
| 总资产 | $15.8B | $3.5B |
| 负债/权益比越低杠杆越低 | 0.15× | — |
8季度趋势，按日历期对齐
现金及短期投资CTBBRDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | $39.0M | $953.6M | ||
| Q3 25 | $36.0M | $911.7M | ||
| Q2 25 | $25.0M | $734.1M | ||
| Q1 25 | $40.0M | $635.7M | ||
| Q4 24 | $26.0M | $562.1M | ||
| Q3 24 | $22.0M | $515.9M | ||
| Q2 24 | $18.0M | $468.0M |
总债务CTBBRDDT
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.9B | — |
股东权益CTBBRDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | $10.9B | $2.9B | ||
| Q3 25 | $13.0B | $2.6B | ||
| Q2 25 | $12.8B | $2.4B | ||
| Q1 25 | $12.5B | $2.2B | ||
| Q4 24 | $12.2B | $2.1B | ||
| Q3 24 | $11.9B | $2.0B | ||
| Q2 24 | $11.5B | $1.9B |
总资产CTBBRDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | $15.8B | $3.2B | ||
| Q3 25 | $17.9B | $2.9B | ||
| Q2 25 | $17.8B | $2.6B | ||
| Q1 25 | $17.6B | $2.4B | ||
| Q4 24 | $17.4B | $2.3B | ||
| Q3 24 | $17.0B | $2.2B | ||
| Q2 24 | $16.6B | $2.1B |
负债/权益比CTBBRDDT
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.13× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.17× | — |
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 | $402.0M | — |
| 自由现金流经营现金流 - 资本支出 | $160.0M | $311.0M |
| 自由现金流率自由现金流/营收 | 14.5% | 46.9% |
| 资本支出强度资本支出/营收 | 22.0% | — |
| 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 | $938.0M | $868.6M |
8季度趋势，按日历期对齐
经营现金流CTBBRDDT
| Q1 26 | — | — | ||
| Q4 25 | $402.0M | $266.8M | ||
| Q3 25 | $427.0M | $185.2M | ||
| Q2 25 | $480.0M | $111.3M | ||
| Q1 25 | $453.0M | $127.6M | ||
| Q4 24 | $548.0M | $90.0M | ||
| Q3 24 | $627.0M | $71.6M | ||
| Q2 24 | $548.0M | $28.4M |
自由现金流CTBBRDDT
| Q1 26 | — | $311.0M | ||
| Q4 25 | $160.0M | $263.6M | ||
| Q3 25 | $252.0M | $183.1M | ||
| Q2 25 | $276.0M | $110.8M | ||
| Q1 25 | $250.0M | $126.6M | ||
| Q4 24 | $277.0M | $89.2M | ||
| Q3 24 | $396.0M | $70.3M | ||
| Q2 24 | $280.0M | $27.2M |
自由现金流率CTBBRDDT
| Q1 26 | — | 46.9% | ||
| Q4 25 | 14.5% | 36.3% | ||
| Q3 25 | 23.1% | 31.3% | ||
| Q2 25 | 24.2% | 22.2% | ||
| Q1 25 | 21.7% | 32.3% | ||
| Q4 24 | 21.4% | 20.8% | ||
| Q3 24 | 30.6% | 20.2% | ||
| Q2 24 | 21.3% | 9.7% |
资本支出强度CTBBRDDT
| Q1 26 | — | — | ||
| Q4 25 | 22.0% | 0.4% | ||
| Q3 25 | 16.0% | 0.4% | ||
| Q2 25 | 17.9% | 0.1% | ||
| Q1 25 | 17.6% | 0.2% | ||
| Q4 24 | 20.9% | 0.2% | ||
| Q3 24 | 17.9% | 0.4% | ||
| Q2 24 | 20.4% | 0.4% |
现金转化率CTBBRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | 2.43× | 1.14× | ||
| Q2 25 | 1.73× | 1.25× | ||
| Q1 25 | 1.60× | 4.88× | ||
| Q4 24 | 1.40× | 1.27× | ||
| Q3 24 | 1.72× | 2.40× | ||
| Q2 24 | 1.45× | — |
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
CTBB
| Nonrelated Party | $665.0M | 60% |
| Other | $436.0M | 40% |
RDDT
暂无分部数据
