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Eventbrite, Inc.（EB）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是Eventbrite, Inc.的1.7倍（$123.0M vs $73.5M），微策略同比增速更快（1.9% vs -3.9%），过去两年微策略的营收复合增速更高（3.3% 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。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
EB vs MSTR — 直观对比
营收规模更大
MSTR
是对方的1.7倍
$73.5M
营收增速更快
MSTR
高出5.8%
-3.9%
两年增速更快
MSTR
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $73.5M | $123.0M |
| 净利润 | $-8.2M | — |
| 毛利率 | 68.1% | 66.1% |
| 营业利润率 | -12.4% | — |
| 净利率 | -11.1% | — |
| 营收同比 | -3.9% | 1.9% |
| 净利润同比 | 2.5% | — |
| 每股收益（稀释后） | $-0.08 | — |
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EBMSTR
| Q4 25 | $73.5M | $123.0M | ||
| Q3 25 | $71.7M | $128.7M | ||
| Q2 25 | $72.8M | $114.5M | ||
| Q1 25 | $73.8M | $111.1M | ||
| Q4 24 | $76.5M | $120.7M | ||
| Q3 24 | $77.8M | $116.1M | ||
| Q2 24 | $84.6M | $111.4M | ||
| Q1 24 | $86.3M | $115.2M |
净利润EBMSTR
| Q4 25 | $-8.2M | — | ||
| Q3 25 | $6.4M | $2.8B | ||
| Q2 25 | $-2.1M | $10.0B | ||
| Q1 25 | $-6.6M | $-4.2B | ||
| Q4 24 | $-8.4M | $-670.8M | ||
| Q3 24 | $-3.8M | $-340.2M | ||
| Q2 24 | $1.1M | $-102.6M | ||
| Q1 24 | $-4.5M | $-53.1M |
毛利率EBMSTR
| Q4 25 | 68.1% | 66.1% | ||
| Q3 25 | 67.9% | 70.5% | ||
| Q2 25 | 67.5% | 68.8% | ||
| Q1 25 | 66.9% | 69.4% | ||
| Q4 24 | 68.2% | 71.7% | ||
| Q3 24 | 68.5% | 70.4% | ||
| Q2 24 | 70.9% | 72.2% | ||
| Q1 24 | 71.0% | 74.0% |
营业利润率EBMSTR
| Q4 25 | -12.4% | — | ||
| Q3 25 | -1.3% | — | ||
| Q2 25 | -8.7% | — | ||
| Q1 25 | -13.2% | -5331.4% | ||
| Q4 24 | -10.2% | -842.1% | ||
| Q3 24 | -11.5% | -372.7% | ||
| Q2 24 | -7.6% | -179.7% | ||
| Q1 24 | -8.8% | -176.8% |
净利率EBMSTR
| Q4 25 | -11.1% | — | ||
| Q3 25 | 8.9% | 2164.1% | ||
| Q2 25 | -2.9% | 8752.7% | ||
| Q1 25 | -9.0% | -3797.2% | ||
| Q4 24 | -11.0% | -555.8% | ||
| Q3 24 | -4.8% | -293.1% | ||
| Q2 24 | 1.3% | -92.0% | ||
| Q1 24 | -5.2% | -46.1% |
每股收益（稀释后）EBMSTR
| Q4 25 | $-0.08 | — | ||
| Q3 25 | $0.06 | $8.42 | ||
| Q2 25 | $-0.02 | $32.60 | ||
| Q1 25 | $-0.07 | $-16.49 | ||
| Q4 24 | $-0.09 | $4.49 | ||
| Q3 24 | $-0.04 | $-1.72 | ||
| Q2 24 | $0.01 | $-0.57 | ||
| Q1 24 | $-0.05 | $-0.31 |
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 | $2.3B |
| 总债务越低越好 | $144.4M | $8.2B |
| 股东权益账面价值 | $179.1M | $44.1B |
| 总资产 | $647.2M | $61.6B |
| 负债/权益比越低杠杆越低 | 0.81× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资EBMSTR
| Q4 25 | $299.9M | $2.3B | ||
| Q3 25 | — | $54.3M | ||
| Q2 25 | — | $50.1M | ||
| Q1 25 | — | $60.3M | ||
| Q4 24 | $441.5M | $38.1M | ||
| Q3 24 | $24.7M | $46.3M | ||
| Q2 24 | $56.7M | $66.9M | ||
| Q1 24 | $113.7M | $81.3M |
总债务EBMSTR
| Q4 25 | $144.4M | $8.2B | ||
| Q3 25 | $174.9M | $8.2B | ||
| Q2 25 | $241.3M | $8.2B | ||
| Q1 25 | $241.0M | $8.1B | ||
| Q4 24 | $240.7M | $7.2B | ||
| Q3 24 | $240.4M | $4.2B | ||
| Q2 24 | $358.7M | $3.8B | ||
| Q1 24 | $358.2M | $3.6B |
股东权益EBMSTR
| Q4 25 | $179.1M | $44.1B | ||
| Q3 25 | $189.1M | $52.3B | ||
| Q2 25 | $177.2M | $47.5B | ||
| Q1 25 | $173.3M | $32.2B | ||
| Q4 24 | $170.2M | $18.2B | ||
| Q3 24 | $179.8M | $3.8B | ||
| Q2 24 | $176.2M | $2.8B | ||
| Q1 24 | $184.1M | $2.4B |
总资产EBMSTR
| Q4 25 | $647.2M | $61.6B | ||
| Q3 25 | $744.6M | $73.6B | ||
| Q2 25 | $784.1M | $64.8B | ||
| Q1 25 | $812.3M | $43.9B | ||
| Q4 24 | $752.3M | $25.8B | ||
| Q3 24 | $817.4M | $8.3B | ||
| Q2 24 | $894.5M | $7.1B | ||
| Q1 24 | $952.2M | $6.4B |
负债/权益比EBMSTR
| Q4 25 | 0.81× | 0.19× | ||
| Q3 25 | 0.92× | 0.16× | ||
| Q2 25 | 1.36× | 0.17× | ||
| Q1 25 | 1.39× | 0.25× | ||
| Q4 24 | 1.41× | 0.39× | ||
| Q3 24 | 1.34× | 1.12× | ||
| Q2 24 | 2.04× | 1.36× | ||
| Q1 24 | 1.95× | 1.48× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-60.9M | — |
| 自由现金流率自由现金流/营收 | -82.8% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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 | $17.6M | — |
8季度趋势，按日历期对齐
经营现金流EBMSTR
| Q4 25 | $-60.8M | — | ||
| Q3 25 | $36.7M | $-8.3M | ||
| Q2 25 | $-17.5M | $-34.9M | ||
| Q1 25 | $59.4M | $-2.4M | ||
| Q4 24 | $-45.3M | $-17.3M | ||
| Q3 24 | $44.6M | $-41.0M | ||
| Q2 24 | $-32.3M | $-23.3M | ||
| Q1 24 | $68.6M | $28.6M |
自由现金流EBMSTR
| Q4 25 | $-60.9M | — | ||
| Q3 25 | $36.6M | $-11.1M | ||
| Q2 25 | $-17.5M | $-37.0M | ||
| Q1 25 | $59.4M | $-5.1M | ||
| Q4 24 | $-45.3M | $-17.6M | ||
| Q3 24 | $44.4M | $-41.4M | ||
| Q2 24 | $-32.4M | $-24.1M | ||
| Q1 24 | $68.2M | $27.0M |
自由现金流率EBMSTR
| Q4 25 | -82.8% | — | ||
| Q3 25 | 51.1% | -8.6% | ||
| Q2 25 | -24.1% | -32.3% | ||
| Q1 25 | 80.4% | -4.6% | ||
| Q4 24 | -59.2% | -14.6% | ||
| Q3 24 | 57.1% | -35.7% | ||
| Q2 24 | -38.3% | -21.6% | ||
| Q1 24 | 79.1% | 23.5% |
资本支出强度EBMSTR
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | 2.2% | ||
| Q2 25 | 0.0% | 1.8% | ||
| Q1 25 | 0.1% | 2.5% | ||
| Q4 24 | 0.0% | 0.2% | ||
| Q3 24 | 0.2% | 0.4% | ||
| Q2 24 | 0.1% | 0.6% | ||
| Q1 24 | 0.4% | 1.3% |
现金转化率EBMSTR
| Q4 25 | — | — | ||
| Q3 25 | 5.76× | -0.00× | ||
| Q2 25 | — | -0.00× | ||
| Q1 25 | — | — | ||
| 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% |
MSTR
暂无分部数据
