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Trump Media & Technology Group Corp.（DJT）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是Trump Media & Technology Group Corp.的1707.6倍（$1.7B vs $1.0M）。Snap Inc净利率更高（2.6% vs -60263.0%，领先60265.6%）。Snap Inc同比增速更快（10.2% vs 0.5%）。Snap Inc自由现金流更多（$205.6M vs $12.1M）。过去两年Snap Inc的营收复合增速更高（19.9% vs 14.2%）
特朗普媒体与科技集团（TMTG）是美国的媒体科技企业，总部位于佛罗里达州萨拉索塔，旗下运营社交平台Truth Social，大部分股权由唐纳德·J·特朗普可撤销信托持有。
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。
DJT vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1707.6倍
$1.0M
营收增速更快
SNAP
高出9.8%
0.5%
净利率更高
SNAP
高出60265.6%
-60263.0%
自由现金流更多
SNAP
多$193.4M
$12.1M
两年增速更快
SNAP
近两年复合增速
14.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0M | $1.7B |
| 净利润 | $-605.8M | $45.2M |
| 毛利率 | 45.4% | 59.1% |
| 营业利润率 | -43010.6% | 2.9% |
| 净利率 | -60263.0% | 2.6% |
| 营收同比 | 0.5% | 10.2% |
| 净利润同比 | -1509.0% | 396.7% |
| 每股收益（稀释后） | $-2.38 | $0.03 |
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DJTSNAP
| Q4 25 | $1.0M | $1.7B | ||
| Q3 25 | $972.9K | $1.5B | ||
| Q2 25 | $883.3K | $1.3B | ||
| Q1 25 | $821.2K | $1.4B | ||
| Q4 24 | $1.0M | $1.6B | ||
| Q3 24 | $1.0M | $1.4B | ||
| Q2 24 | $836.9K | $1.2B | ||
| Q1 24 | $770.5K | $1.2B |
净利润DJTSNAP
| Q4 25 | $-605.8M | $45.2M | ||
| Q3 25 | $-54.8M | $-103.5M | ||
| Q2 25 | $-20.0M | $-262.6M | ||
| Q1 25 | $-31.7M | $-139.6M | ||
| Q4 24 | $-37.6M | $9.1M | ||
| Q3 24 | $-19.2M | $-153.2M | ||
| Q2 24 | $-16.4M | $-248.6M | ||
| Q1 24 | $-327.6M | $-305.1M |
毛利率DJTSNAP
| Q4 25 | 45.4% | 59.1% | ||
| Q3 25 | 54.1% | 55.3% | ||
| Q2 25 | 61.2% | 51.4% | ||
| Q1 25 | 59.0% | 53.1% | ||
| Q4 24 | 63.4% | 56.9% | ||
| Q3 24 | 87.8% | 53.5% | ||
| Q2 24 | 95.7% | 52.4% | ||
| Q1 24 | 87.9% | 51.9% |
营业利润率DJTSNAP
| Q4 25 | -43010.6% | 2.9% | ||
| Q3 25 | -5926.4% | -8.5% | ||
| Q2 25 | -4925.6% | -19.3% | ||
| Q1 25 | -4814.3% | -14.2% | ||
| Q4 24 | -4535.0% | -1.7% | ||
| Q3 24 | -2340.0% | -12.6% | ||
| Q2 24 | -2229.5% | -20.5% | ||
| Q1 24 | -12764.8% | -27.9% |
净利率DJTSNAP
| Q4 25 | -60263.0% | 2.6% | ||
| Q3 25 | -5637.6% | -6.9% | ||
| Q2 25 | -2264.5% | -19.5% | ||
| Q1 25 | -3863.4% | -10.2% | ||
| Q4 24 | -3763.0% | 0.6% | ||
| Q3 24 | -1904.1% | -11.2% | ||
| Q2 24 | -1955.8% | -20.1% | ||
| Q1 24 | -42517.8% | -25.5% |
每股收益（稀释后）DJTSNAP
| Q4 25 | $-2.38 | $0.03 | ||
| Q3 25 | $-0.20 | $-0.06 | ||
| Q2 25 | $-0.08 | $-0.16 | ||
| Q1 25 | $-0.14 | $-0.08 | ||
| Q4 24 | $1.45 | $0.01 | ||
| Q3 24 | $-0.10 | $-0.09 | ||
| Q2 24 | $-0.10 | $-0.15 | ||
| Q1 24 | $-3.61 | $-0.19 |
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 | $439.6M | $2.9B |
| 总债务越低越好 | $947.1M | $3.5B |
| 股东权益账面价值 | $1.6B | $2.3B |
| 总资产 | $2.6B | $7.7B |
| 负债/权益比越低杠杆越低 | 0.58× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资DJTSNAP
| Q4 25 | $439.6M | $2.9B | ||
| Q3 25 | $716.5M | $3.0B | ||
| Q2 25 | $2.0B | $2.9B | ||
| Q1 25 | $759.0M | $3.2B | ||
| Q4 24 | $776.8M | $3.4B | ||
| Q3 24 | $672.9M | $3.2B | ||
| Q2 24 | $344.0M | $3.1B | ||
| Q1 24 | $233.7M | $2.9B |
总债务DJTSNAP
| Q4 25 | $947.1M | $3.5B | ||
| Q3 25 | $950.8M | $3.5B | ||
| Q2 25 | $944.3M | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.3B |
股东权益DJTSNAP
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.3B | $2.1B | ||
| Q1 25 | $891.7M | $2.3B | ||
| Q4 24 | $913.6M | $2.5B | ||
| Q3 24 | $816.5M | $2.2B | ||
| Q2 24 | $341.7M | $2.1B | ||
| Q1 24 | $210.3M | $2.1B |
总资产DJTSNAP
| Q4 25 | $2.6B | $7.7B | ||
| Q3 25 | $3.3B | $7.6B | ||
| Q2 25 | $3.2B | $7.4B | ||
| Q1 25 | $918.9M | $7.6B | ||
| Q4 24 | $938.3M | $7.9B | ||
| Q3 24 | $837.8M | $7.6B | ||
| Q2 24 | $356.5M | $7.4B | ||
| Q1 24 | $274.4M | $7.2B |
负债/权益比DJTSNAP
| Q4 25 | 0.58× | 1.55× | ||
| Q3 25 | 0.42× | 1.59× | ||
| Q2 25 | 0.41× | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.55× |
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 | $12.1M | $269.6M |
| 自由现金流经营现金流 - 资本支出 | $12.1M | $205.6M |
| 自由现金流率自由现金流/营收 | 1205.3% | 12.0% |
| 资本支出强度资本支出/营收 | 0.4% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 5.96× |
| 过去12个月自由现金流最近4个季度 | $14.2M | $437.2M |
8季度趋势，按日历期对齐
经营现金流DJTSNAP
| Q4 25 | $12.1M | $269.6M | ||
| Q3 25 | $10.1M | $146.5M | ||
| Q2 25 | $2.3M | $88.5M | ||
| Q1 25 | $-9.7M | $151.6M | ||
| Q4 24 | $-8.3M | $230.6M | ||
| Q3 24 | $-21.9M | $115.9M | ||
| Q2 24 | $-21.4M | $-21.4M | ||
| Q1 24 | $-9.3M | $88.4M |
自由现金流DJTSNAP
| Q4 25 | $12.1M | $205.6M | ||
| Q3 25 | $10.1M | $93.4M | ||
| Q2 25 | $1.8M | $23.8M | ||
| Q1 25 | $-9.7M | $114.4M | ||
| Q4 24 | $-8.3M | $182.4M | ||
| Q3 24 | $-24.8M | $71.8M | ||
| Q2 24 | $-23.6M | $-73.4M | ||
| Q1 24 | — | $37.9M |
自由现金流率DJTSNAP
| Q4 25 | 1205.3% | 12.0% | ||
| Q3 25 | 1034.0% | 6.2% | ||
| Q2 25 | 198.2% | 1.8% | ||
| Q1 25 | -1186.2% | 8.4% | ||
| Q4 24 | -834.1% | 11.7% | ||
| Q3 24 | -2450.8% | 5.2% | ||
| Q2 24 | -2817.6% | -5.9% | ||
| Q1 24 | — | 3.2% |
资本支出强度DJTSNAP
| Q4 25 | 0.4% | 3.7% | ||
| Q3 25 | 1.4% | 3.5% | ||
| Q2 25 | 62.5% | 4.8% | ||
| Q1 25 | 0.4% | 2.7% | ||
| Q4 24 | 0.3% | 3.1% | ||
| Q3 24 | 285.8% | 3.2% | ||
| Q2 24 | 255.9% | 4.2% | ||
| Q1 24 | 0.0% | 4.2% |
现金转化率DJTSNAP
| Q4 25 | — | 5.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 25.34× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
DJT
暂无分部数据
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
