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Equifax（EFX）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Equifax的1.0倍（$1.7B vs $1.6B），Equifax净利率更高（10.4% vs 2.6%，领先7.8%），Equifax同比增速更快（697.0% vs 10.2%），过去两年Snap Inc的营收复合增速更高（19.9% vs 7.4%）
Equifax是总部位于美国佐治亚州亚特兰大的跨国消费信用报告机构，与益博睿、环联并称全球三大消费信用报告机构，在全球范围内收集汇总了超过8亿名个人消费者及8800万家企业的相关信息。
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。
EFX vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1.0倍
$1.6B
营收增速更快
EFX
高出686.7%
10.2%
净利率更高
EFX
高出7.8%
2.6%
两年增速更快
SNAP
近两年复合增速
7.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.7B |
| 净利润 | $171.5M | $45.2M |
| 毛利率 | — | 59.1% |
| 营业利润率 | 17.4% | 2.9% |
| 净利率 | 10.4% | 2.6% |
| 营收同比 | 697.0% | 10.2% |
| 净利润同比 | 28.9% | 396.7% |
| 每股收益（稀释后） | $120.80 | $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EFXSNAP
| Q2 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.2B |
净利润EFXSNAP
| Q2 26 | $171.5M | — | ||
| Q4 25 | $175.7M | $45.2M | ||
| Q3 25 | $160.2M | $-103.5M | ||
| Q2 25 | $191.3M | $-262.6M | ||
| Q1 25 | $133.1M | $-139.6M | ||
| Q4 24 | $174.0M | $9.1M | ||
| Q3 24 | $141.3M | $-153.2M | ||
| Q2 24 | $163.9M | $-248.6M |
毛利率EFXSNAP
| Q2 26 | — | — | ||
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% |
营业利润率EFXSNAP
| Q2 26 | 17.4% | — | ||
| Q4 25 | 18.3% | 2.9% | ||
| Q3 25 | 17.1% | -8.5% | ||
| Q2 25 | 20.2% | -19.3% | ||
| Q1 25 | 16.4% | -14.2% | ||
| Q4 24 | 20.3% | -1.7% | ||
| Q3 24 | 17.1% | -12.6% | ||
| Q2 24 | 19.7% | -20.5% |
净利率EFXSNAP
| Q2 26 | 10.4% | — | ||
| Q4 25 | 11.3% | 2.6% | ||
| Q3 25 | 10.4% | -6.9% | ||
| Q2 25 | 12.4% | -19.5% | ||
| Q1 25 | 9.2% | -10.2% | ||
| Q4 24 | 12.3% | 0.6% | ||
| Q3 24 | 9.8% | -11.2% | ||
| Q2 24 | 11.5% | -20.1% |
每股收益（稀释后）EFXSNAP
| Q2 26 | $120.80 | — | ||
| Q4 25 | $1.44 | $0.03 | ||
| Q3 25 | $1.29 | $-0.06 | ||
| Q2 25 | $1.53 | $-0.16 | ||
| Q1 25 | $1.06 | $-0.08 | ||
| Q4 24 | $1.40 | $0.01 | ||
| Q3 24 | $1.13 | $-0.09 | ||
| Q2 24 | $1.31 | $-0.15 |
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 | $183.4M | $2.9B |
| 总债务越低越好 | $5.3B | $3.5B |
| 股东权益账面价值 | $4.6B | $2.3B |
| 总资产 | $11.9B | $7.7B |
| 负债/权益比越低杠杆越低 | 1.16× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资EFXSNAP
| Q2 26 | $183.4M | — | ||
| Q4 25 | $180.8M | $2.9B | ||
| Q3 25 | $189.0M | $3.0B | ||
| Q2 25 | $189.0M | $2.9B | ||
| Q1 25 | $195.2M | $3.2B | ||
| Q4 24 | $169.9M | $3.4B | ||
| Q3 24 | $468.2M | $3.2B | ||
| Q2 24 | $181.9M | $3.1B |
总债务EFXSNAP
| Q2 26 | $5.3B | — | ||
| Q4 25 | $5.1B | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $5.0B | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益EFXSNAP
| Q2 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $2.3B | ||
| Q3 25 | $4.9B | $2.2B | ||
| Q2 25 | $5.1B | $2.1B | ||
| Q1 25 | $5.0B | $2.3B | ||
| Q4 24 | $4.8B | $2.5B | ||
| Q3 24 | $4.9B | $2.2B | ||
| Q2 24 | $4.7B | $2.1B |
总资产EFXSNAP
| Q2 26 | $11.9B | — | ||
| Q4 25 | $11.9B | $7.7B | ||
| Q3 25 | $11.8B | $7.6B | ||
| Q2 25 | $11.9B | $7.4B | ||
| Q1 25 | $11.9B | $7.6B | ||
| Q4 24 | $11.8B | $7.9B | ||
| Q3 24 | $12.3B | $7.6B | ||
| Q2 24 | $12.2B | $7.4B |
负债/权益比EFXSNAP
| Q2 26 | 1.16× | — | ||
| Q4 25 | 1.11× | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 1.05× | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $269.6M |
| 自由现金流经营现金流 - 资本支出 | — | $205.6M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | 7.3% | 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 | — | $437.2M |
8季度趋势，按日历期对齐
经营现金流EFXSNAP
| Q2 26 | — | — | ||
| Q4 25 | $470.8M | $269.6M | ||
| Q3 25 | $559.9M | $146.5M | ||
| Q2 25 | $361.1M | $88.5M | ||
| Q1 25 | $223.9M | $151.6M | ||
| Q4 24 | $324.8M | $230.6M | ||
| Q3 24 | $479.5M | $115.9M | ||
| Q2 24 | $267.5M | $-21.4M |
自由现金流EFXSNAP
| Q2 26 | — | — | ||
| Q4 25 | $340.8M | $205.6M | ||
| Q3 25 | $437.9M | $93.4M | ||
| Q2 25 | $238.9M | $23.8M | ||
| Q1 25 | $116.7M | $114.4M | ||
| Q4 24 | $205.9M | $182.4M | ||
| Q3 24 | $355.5M | $71.8M | ||
| Q2 24 | $130.8M | $-73.4M |
自由现金流率EFXSNAP
| Q2 26 | — | — | ||
| Q4 25 | 22.0% | 12.0% | ||
| Q3 25 | 28.3% | 6.2% | ||
| Q2 25 | 15.5% | 1.8% | ||
| Q1 25 | 8.1% | 8.4% | ||
| Q4 24 | 14.5% | 11.7% | ||
| Q3 24 | 24.7% | 5.2% | ||
| Q2 24 | 9.1% | -5.9% |
资本支出强度EFXSNAP
| Q2 26 | 7.3% | — | ||
| Q4 25 | 8.4% | 3.7% | ||
| Q3 25 | 7.9% | 3.5% | ||
| Q2 25 | 8.0% | 4.8% | ||
| Q1 25 | 7.4% | 2.7% | ||
| Q4 24 | 8.4% | 3.1% | ||
| Q3 24 | 8.6% | 3.2% | ||
| Q2 24 | 9.6% | 4.2% |
现金转化率EFXSNAP
| Q2 26 | — | — | ||
| Q4 25 | 2.68× | 5.96× | ||
| Q3 25 | 3.50× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 1.87× | 25.34× | ||
| Q3 24 | 3.39× | — | ||
| Q2 24 | 1.63× | — |
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
EFX
| Verification Services | $571.4M | 35% |
| Online Information Solutions | $448.1M | 27% |
| Other | $381.5M | 23% |
| Employer Services | $116.4M | 7% |
| Asia Pacific | $79.7M | 5% |
| Financial Marketing Services | $51.8M | 3% |
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
