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eHealth, Inc.（EHTH）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
eHealth, Inc.的季度营收约是LiveRamp Holdings, Inc.的1.5倍（$326.2M vs $212.2M），eHealth, Inc.净利率更高（26.7% vs 18.8%，领先7.9%），LiveRamp Holdings, Inc.同比增速更快（8.6% vs 3.5%），过去两年eHealth, Inc.的营收复合增速更高（87.3% vs 11.1%）
eHealth, Inc.以eHealthInsurance品牌开展业务，是一家公开上市的健康保险在线交易平台，公司注册于特拉华州，总部位于加利福尼亚州圣克拉拉。该平台主要提供医疗保险相关计划，涵盖联邦医疗保险处方药计划、联邦医疗保险补充计划、优势计划等产品，同时也售卖个人健康保险产品，业务覆盖美国全部50个州及华盛顿特区。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
EHTH vs RAMP — 直观对比
营收规模更大
EHTH
是对方的1.5倍
$212.2M
营收增速更快
RAMP
高出5.1%
3.5%
净利率更高
EHTH
高出7.9%
18.8%
两年增速更快
EHTH
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.2M | $212.2M |
| 净利润 | $87.2M | $39.9M |
| 毛利率 | 55.3% | 71.9% |
| 营业利润率 | 38.7% | 18.6% |
| 净利率 | 26.7% | 18.8% |
| 营收同比 | 3.5% | 8.6% |
| 净利润同比 | -10.6% | 255.7% |
| 每股收益（稀释后） | $2.43 | $0.62 |
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EHTHRAMP
| Q4 25 | $326.2M | $212.2M | ||
| Q3 25 | $53.9M | $199.8M | ||
| Q2 25 | $60.8M | $194.8M | ||
| Q1 25 | $113.1M | $188.7M | ||
| Q4 24 | $315.2M | $195.4M | ||
| Q3 24 | $58.4M | $185.5M | ||
| Q2 24 | $65.9M | $176.0M | ||
| Q1 24 | $93.0M | $171.9M |
净利润EHTHRAMP
| Q4 25 | $87.2M | $39.9M | ||
| Q3 25 | $-31.7M | $27.4M | ||
| Q2 25 | $-17.4M | $7.7M | ||
| Q1 25 | $1.9M | $-6.3M | ||
| Q4 24 | $97.5M | $11.2M | ||
| Q3 24 | $-42.5M | $1.7M | ||
| Q2 24 | $-28.0M | $-7.5M | ||
| Q1 24 | $-17.0M | $-5.4M |
毛利率EHTHRAMP
| Q4 25 | 55.3% | 71.9% | ||
| Q3 25 | -0.3% | 70.2% | ||
| Q2 25 | 31.1% | 70.1% | ||
| Q1 25 | 36.9% | 69.3% | ||
| Q4 24 | 52.0% | 71.9% | ||
| Q3 24 | -6.5% | 72.4% | ||
| Q2 24 | 28.7% | 70.6% | ||
| Q1 24 | 31.7% | 72.2% |
营业利润率EHTHRAMP
| Q4 25 | 38.7% | 18.6% | ||
| Q3 25 | -77.1% | 10.7% | ||
| Q2 25 | -37.9% | 3.7% | ||
| Q1 25 | 4.2% | -6.1% | ||
| Q4 24 | 35.7% | 7.5% | ||
| Q3 24 | -74.0% | 4.0% | ||
| Q2 24 | -42.5% | -3.0% | ||
| Q1 24 | -19.3% | -8.3% |
净利率EHTHRAMP
| Q4 25 | 26.7% | 18.8% | ||
| Q3 25 | -58.8% | 13.7% | ||
| Q2 25 | -28.6% | 4.0% | ||
| Q1 25 | 1.7% | -3.3% | ||
| Q4 24 | 30.9% | 5.7% | ||
| Q3 24 | -72.7% | 0.9% | ||
| Q2 24 | -42.5% | -4.3% | ||
| Q1 24 | -18.3% | -3.1% |
每股收益（稀释后）EHTHRAMP
| Q4 25 | $2.43 | $0.62 | ||
| Q3 25 | $-1.46 | $0.42 | ||
| Q2 25 | $-0.98 | $0.12 | ||
| Q1 25 | $-0.33 | $-0.10 | ||
| Q4 24 | $2.93 | $0.17 | ||
| Q3 24 | $-1.83 | $0.03 | ||
| Q2 24 | $-1.33 | $-0.11 | ||
| Q1 24 | $-0.96 | $-0.09 |
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 | $73.7M | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $591.6M | $962.3M |
| 总资产 | $1.3B | $1.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资EHTHRAMP
| Q4 25 | $73.7M | $403.4M | ||
| Q3 25 | $63.1M | $376.9M | ||
| Q2 25 | $65.9M | $371.1M | ||
| Q1 25 | $121.1M | $420.8M | ||
| Q4 24 | $39.2M | $384.3M | ||
| Q3 24 | $64.0M | $348.4M | ||
| Q2 24 | $126.3M | $342.7M | ||
| Q1 24 | $175.0M | $368.9M |
股东权益EHTHRAMP
| Q4 25 | $591.6M | $962.3M | ||
| Q3 25 | $514.2M | $943.8M | ||
| Q2 25 | $554.9M | $947.8M | ||
| Q1 25 | $581.6M | $948.9M | ||
| Q4 24 | $588.4M | $957.7M | ||
| Q3 24 | $499.3M | $932.1M | ||
| Q2 24 | $548.9M | $951.9M | ||
| Q1 24 | $582.8M | $949.1M |
总资产EHTHRAMP
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
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 | $-35.9M | — |
| 自由现金流经营现金流 - 资本支出 | $-36.1M | — |
| 自由现金流率自由现金流/营收 | -11.1% | — |
| 资本支出强度资本支出/营收 | 0.0% | 0.1% |
| 现金转化率经营现金流/净利润 | -0.41× | — |
| 过去12个月自由现金流最近4个季度 | $-27.6M | — |
8季度趋势，按日历期对齐
经营现金流EHTHRAMP
| Q4 25 | $-35.9M | — | ||
| Q3 25 | $-25.3M | $57.4M | ||
| Q2 25 | $-41.2M | $-15.8M | ||
| Q1 25 | $77.1M | — | ||
| Q4 24 | $-27.7M | $45.1M | ||
| Q3 24 | $-29.3M | $55.6M | ||
| Q2 24 | $-32.2M | $-9.3M | ||
| Q1 24 | $70.8M | — |
自由现金流EHTHRAMP
| Q4 25 | $-36.1M | — | ||
| Q3 25 | $-25.5M | $56.8M | ||
| Q2 25 | $-42.8M | $-16.2M | ||
| Q1 25 | $76.8M | — | ||
| Q4 24 | $-28.3M | $44.8M | ||
| Q3 24 | $-30.3M | $55.4M | ||
| Q2 24 | $-32.4M | $-9.6M | ||
| Q1 24 | $70.6M | — |
自由现金流率EHTHRAMP
| Q4 25 | -11.1% | — | ||
| Q3 25 | -47.4% | 28.4% | ||
| Q2 25 | -70.4% | -8.3% | ||
| Q1 25 | 67.9% | — | ||
| Q4 24 | -9.0% | 22.9% | ||
| Q3 24 | -51.8% | 29.8% | ||
| Q2 24 | -49.3% | -5.4% | ||
| Q1 24 | 75.9% | — |
资本支出强度EHTHRAMP
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.4% | 0.3% | ||
| Q2 25 | 2.6% | 0.2% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.2% | 0.1% | ||
| Q3 24 | 1.7% | 0.1% | ||
| Q2 24 | 0.4% | 0.1% | ||
| Q1 24 | 0.2% | 1.0% |
现金转化率EHTHRAMP
| Q4 25 | -0.41× | — | ||
| Q3 25 | — | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | 39.55× | — | ||
| Q4 24 | -0.28× | 4.02× | ||
| Q3 24 | — | 32.10× | ||
| 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
EHTH
| Medicare | $282.7M | 87% |
| Other | $29.2M | 9% |
| Ancillaries | $7.9M | 2% |
| Commission Members Approved In Prior Periods | $3.8M | 1% |
| Small Business | $3.1M | 1% |
| Commission Revenue From Renewals | $2.4M | 1% |
RAMP
暂无分部数据
