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Eventbrite, Inc.（EB）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是Eventbrite, Inc.的2.0倍（$143.5M vs $73.5M），Eventbrite, Inc.净利率更高（-11.1% vs -68.1%，领先57.0%），FTAI Infrastructure Inc.同比增速更快（77.7% vs -3.9%），Eventbrite, Inc.自由现金流更多（$-60.9M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs -7.7%）
Eventbrite是源自美国的线下活动服务平台，为用户提供活动浏览、创建与推广服务，支持主办方免费在平台发布不限规模、不限数量的各类活动，是全球范围内活跃度较高的活动交易与推广平台。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
EB vs FIP — 直观对比
营收规模更大
FIP
是对方的2.0倍
$73.5M
营收增速更快
FIP
高出81.6%
-3.9%
净利率更高
EB
高出57.0%
-68.1%
自由现金流更多
EB
多$7.8M
$-68.6M
两年增速更快
FIP
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $73.5M | $143.5M |
| 净利润 | $-8.2M | $-97.7M |
| 毛利率 | 68.1% | — |
| 营业利润率 | -12.4% | -45.7% |
| 净利率 | -11.1% | -68.1% |
| 营收同比 | -3.9% | 77.7% |
| 净利润同比 | 2.5% | 21.6% |
| 每股收益（稀释后） | $-0.08 | $-1.04 |
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EBFIP
| Q4 25 | $73.5M | $143.5M | ||
| Q3 25 | $71.7M | $140.6M | ||
| Q2 25 | $72.8M | $122.3M | ||
| Q1 25 | $73.8M | $96.2M | ||
| Q4 24 | $76.5M | $80.8M | ||
| Q3 24 | $77.8M | $83.3M | ||
| Q2 24 | $84.6M | $84.9M | ||
| Q1 24 | $86.3M | $82.5M |
净利润EBFIP
| Q4 25 | $-8.2M | $-97.7M | ||
| Q3 25 | $6.4M | $-104.5M | ||
| Q2 25 | $-2.1M | $-70.0M | ||
| Q1 25 | $-6.6M | $120.2M | ||
| Q4 24 | $-8.4M | $-124.7M | ||
| Q3 24 | $-3.8M | $-43.0M | ||
| Q2 24 | $1.1M | $-48.1M | ||
| Q1 24 | $-4.5M | $-50.3M |
毛利率EBFIP
| Q4 25 | 68.1% | — | ||
| Q3 25 | 67.9% | — | ||
| Q2 25 | 67.5% | — | ||
| Q1 25 | 66.9% | — | ||
| Q4 24 | 68.2% | — | ||
| Q3 24 | 68.5% | — | ||
| Q2 24 | 70.9% | — | ||
| Q1 24 | 71.0% | — |
营业利润率EBFIP
| Q4 25 | -12.4% | -45.7% | ||
| Q3 25 | -1.3% | -70.8% | ||
| Q2 25 | -8.7% | -56.4% | ||
| Q1 25 | -13.2% | 81.8% | ||
| Q4 24 | -10.2% | -152.7% | ||
| Q3 24 | -11.5% | -51.7% | ||
| Q2 24 | -7.6% | -56.4% | ||
| Q1 24 | -8.8% | -58.8% |
净利率EBFIP
| Q4 25 | -11.1% | -68.1% | ||
| Q3 25 | 8.9% | -74.4% | ||
| Q2 25 | -2.9% | -57.2% | ||
| Q1 25 | -9.0% | 125.0% | ||
| Q4 24 | -11.0% | -154.4% | ||
| Q3 24 | -4.8% | -51.6% | ||
| Q2 24 | 1.3% | -56.7% | ||
| Q1 24 | -5.2% | -60.9% |
每股收益（稀释后）EBFIP
| Q4 25 | $-0.08 | $-1.04 | ||
| Q3 25 | $0.06 | $-1.38 | ||
| Q2 25 | $-0.02 | $-0.73 | ||
| Q1 25 | $-0.07 | $0.89 | ||
| Q4 24 | $-0.09 | $-1.21 | ||
| Q3 24 | $-0.04 | $-0.45 | ||
| Q2 24 | $0.01 | $-0.52 | ||
| Q1 24 | $-0.05 | $-0.54 |
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 | $299.9M | $57.4M |
| 总债务越低越好 | $144.4M | $3.8B |
| 股东权益账面价值 | $179.1M | $21.3M |
| 总资产 | $647.2M | $5.7B |
| 负债/权益比越低杠杆越低 | 0.81× | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资EBFIP
| Q4 25 | $299.9M | $57.4M | ||
| Q3 25 | — | $34.7M | ||
| Q2 25 | — | $33.6M | ||
| Q1 25 | — | $26.3M | ||
| Q4 24 | $441.5M | $27.8M | ||
| Q3 24 | $24.7M | $20.3M | ||
| Q2 24 | $56.7M | $33.1M | ||
| Q1 24 | $113.7M | $23.0M |
总债务EBFIP
| Q4 25 | $144.4M | $3.8B | ||
| Q3 25 | $174.9M | $3.7B | ||
| Q2 25 | $241.3M | $3.1B | ||
| Q1 25 | $241.0M | $2.8B | ||
| Q4 24 | $240.7M | $1.6B | ||
| Q3 24 | $240.4M | $1.5B | ||
| Q2 24 | $358.7M | $1.6B | ||
| Q1 24 | $358.2M | $1.3B |
股东权益EBFIP
| Q4 25 | $179.1M | $21.3M | ||
| Q3 25 | $189.1M | $181.1M | ||
| Q2 25 | $177.2M | $375.5M | ||
| Q1 25 | $173.3M | $476.2M | ||
| Q4 24 | $170.2M | $202.7M | ||
| Q3 24 | $179.8M | $370.8M | ||
| Q2 24 | $176.2M | $394.8M | ||
| Q1 24 | $184.1M | $402.5M |
总资产EBFIP
| Q4 25 | $647.2M | $5.7B | ||
| Q3 25 | $744.6M | $5.5B | ||
| Q2 25 | $784.1M | $4.4B | ||
| Q1 25 | $812.3M | $4.1B | ||
| Q4 24 | $752.3M | $2.4B | ||
| Q3 24 | $817.4M | $2.4B | ||
| Q2 24 | $894.5M | $2.5B | ||
| Q1 24 | $952.2M | $2.3B |
负债/权益比EBFIP
| Q4 25 | 0.81× | 176.99× | ||
| Q3 25 | 0.92× | 20.59× | ||
| Q2 25 | 1.36× | 8.21× | ||
| Q1 25 | 1.39× | 5.79× | ||
| Q4 24 | 1.41× | 7.84× | ||
| Q3 24 | 1.34× | 4.14× | ||
| Q2 24 | 2.04× | 3.94× | ||
| Q1 24 | 1.95× | 3.34× |
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 | $-60.8M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $-60.9M | $-68.6M |
| 自由现金流率自由现金流/营收 | -82.8% | -47.8% |
| 资本支出强度资本支出/营收 | 0.0% | 45.9% |
| 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 | $17.6M | $-398.5M |
8季度趋势，按日历期对齐
经营现金流EBFIP
| Q4 25 | $-60.8M | $-2.8M | ||
| Q3 25 | $36.7M | $-24.4M | ||
| Q2 25 | $-17.5M | $-5.2M | ||
| Q1 25 | $59.4M | $-85.7M | ||
| Q4 24 | $-45.3M | $-8.1M | ||
| Q3 24 | $44.6M | $14.2M | ||
| Q2 24 | $-32.3M | $-17.6M | ||
| Q1 24 | $68.6M | $-3.9M |
自由现金流EBFIP
| Q4 25 | $-60.9M | $-68.6M | ||
| Q3 25 | $36.6M | $-90.7M | ||
| Q2 25 | $-17.5M | $-87.5M | ||
| Q1 25 | $59.4M | $-151.7M | ||
| Q4 24 | $-45.3M | $-34.3M | ||
| Q3 24 | $44.4M | $-11.7M | ||
| Q2 24 | $-32.4M | $-32.1M | ||
| Q1 24 | $68.2M | $-16.7M |
自由现金流率EBFIP
| Q4 25 | -82.8% | -47.8% | ||
| Q3 25 | 51.1% | -64.5% | ||
| Q2 25 | -24.1% | -71.6% | ||
| Q1 25 | 80.4% | -157.7% | ||
| Q4 24 | -59.2% | -42.4% | ||
| Q3 24 | 57.1% | -14.0% | ||
| Q2 24 | -38.3% | -37.9% | ||
| Q1 24 | 79.1% | -20.3% |
资本支出强度EBFIP
| Q4 25 | 0.0% | 45.9% | ||
| Q3 25 | 0.0% | 47.2% | ||
| Q2 25 | 0.0% | 67.3% | ||
| Q1 25 | 0.1% | 68.6% | ||
| Q4 24 | 0.0% | 32.5% | ||
| Q3 24 | 0.2% | 31.1% | ||
| Q2 24 | 0.1% | 17.2% | ||
| Q1 24 | 0.4% | 15.6% |
现金转化率EBFIP
| Q4 25 | — | — | ||
| Q3 25 | 5.76× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -30.37× | — | ||
| 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
EB
| US | $52.0M | 71% |
| Other | $21.6M | 29% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
