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EverCommerce Inc.（EVCM）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
EverCommerce Inc.的季度营收约是FTAI Infrastructure Inc.的1.1倍（$151.2M vs $143.5M），EverCommerce Inc.净利率更高（4.0% vs -68.1%，领先72.1%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 5.2%），EverCommerce Inc.自由现金流更多（$21.0M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 4.7%）
EverCommerce Inc.是面向服务类中小企业的领先集成SaaS解决方案提供商，核心市场覆盖北美及部分全球区域，产品线包含业务管理、支付处理、客户互动、营销工具等，服务家庭服务、健康康养、健身等多个细分领域。
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。
EVCM vs FIP — 直观对比
营收规模更大
EVCM
是对方的1.1倍
$143.5M
营收增速更快
FIP
高出72.5%
5.2%
净利率更高
EVCM
高出72.1%
-68.1%
自由现金流更多
EVCM
多$89.6M
$-68.6M
两年增速更快
FIP
近两年复合增速
4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $151.2M | $143.5M |
| 净利润 | $6.0M | $-97.7M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | -45.7% |
| 净利率 | 4.0% | -68.1% |
| 营收同比 | 5.2% | 77.7% |
| 净利润同比 | 149.4% | 21.6% |
| 每股收益（稀释后） | $0.04 | $-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EVCMFIP
| Q4 25 | $151.2M | $143.5M | ||
| Q3 25 | $147.5M | $140.6M | ||
| Q2 25 | $148.0M | $122.3M | ||
| Q1 25 | $142.3M | $96.2M | ||
| Q4 24 | $143.7M | $80.8M | ||
| Q3 24 | $140.1M | $83.3M | ||
| Q2 24 | $140.5M | $84.9M | ||
| Q1 24 | $137.9M | $82.5M |
净利润EVCMFIP
| Q4 25 | $6.0M | $-97.7M | ||
| Q3 25 | $11.1M | $-104.5M | ||
| Q2 25 | $8.2M | $-70.0M | ||
| Q1 25 | $-7.7M | $120.2M | ||
| Q4 24 | $-12.2M | $-124.7M | ||
| Q3 24 | $-9.2M | $-43.0M | ||
| Q2 24 | $-3.4M | $-48.1M | ||
| Q1 24 | $-16.3M | $-50.3M |
营业利润率EVCMFIP
| Q4 25 | 8.8% | -45.7% | ||
| Q3 25 | 10.8% | -70.8% | ||
| Q2 25 | 10.7% | -56.4% | ||
| Q1 25 | 10.0% | 81.8% | ||
| Q4 24 | 8.8% | -152.7% | ||
| Q3 24 | 7.2% | -51.7% | ||
| Q2 24 | 5.5% | -56.4% | ||
| Q1 24 | -3.1% | -58.8% |
净利率EVCMFIP
| Q4 25 | 4.0% | -68.1% | ||
| Q3 25 | 7.5% | -74.4% | ||
| Q2 25 | 5.5% | -57.2% | ||
| Q1 25 | -5.4% | 125.0% | ||
| Q4 24 | -8.5% | -154.4% | ||
| Q3 24 | -6.5% | -51.6% | ||
| Q2 24 | -2.4% | -56.7% | ||
| Q1 24 | -11.8% | -60.9% |
每股收益（稀释后）EVCMFIP
| Q4 25 | $0.04 | $-1.04 | ||
| Q3 25 | $0.06 | $-1.38 | ||
| Q2 25 | $0.04 | $-0.73 | ||
| Q1 25 | $-0.04 | $0.89 | ||
| Q4 24 | $-0.06 | $-1.21 | ||
| Q3 24 | $-0.05 | $-0.45 | ||
| Q2 24 | $-0.02 | $-0.52 | ||
| Q1 24 | $-0.09 | $-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 | $129.7M | $57.4M |
| 总债务越低越好 | $523.4M | $3.8B |
| 股东权益账面价值 | $716.9M | $21.3M |
| 总资产 | $1.4B | $5.7B |
| 负债/权益比越低杠杆越低 | 0.73× | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资EVCMFIP
| Q4 25 | $129.7M | $57.4M | ||
| Q3 25 | $106.9M | $34.7M | ||
| Q2 25 | $151.1M | $33.6M | ||
| Q1 25 | $148.4M | $26.3M | ||
| Q4 24 | $135.8M | $27.8M | ||
| Q3 24 | $101.6M | $20.3M | ||
| Q2 24 | $86.7M | $33.1M | ||
| Q1 24 | $90.0M | $23.0M |
总债务EVCMFIP
| Q4 25 | $523.4M | $3.8B | ||
| Q3 25 | $524.6M | $3.7B | ||
| Q2 25 | $525.8M | $3.1B | ||
| Q1 25 | $526.9M | $2.8B | ||
| Q4 24 | $527.9M | $1.6B | ||
| Q3 24 | $529.0M | $1.5B | ||
| Q2 24 | $530.1M | $1.6B | ||
| Q1 24 | $531.1M | $1.3B |
股东权益EVCMFIP
| Q4 25 | $716.9M | $21.3M | ||
| Q3 25 | $728.5M | $181.1M | ||
| Q2 25 | $744.0M | $375.5M | ||
| Q1 25 | $739.6M | $476.2M | ||
| Q4 24 | $750.8M | $202.7M | ||
| Q3 24 | $770.7M | $370.8M | ||
| Q2 24 | $784.1M | $394.8M | ||
| Q1 24 | $800.7M | $402.5M |
总资产EVCMFIP
| Q4 25 | $1.4B | $5.7B | ||
| Q3 25 | $1.4B | $5.5B | ||
| Q2 25 | $1.4B | $4.4B | ||
| Q1 25 | $1.4B | $4.1B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.5B | $2.4B | ||
| Q2 24 | $1.5B | $2.5B | ||
| Q1 24 | $1.5B | $2.3B |
负债/权益比EVCMFIP
| Q4 25 | 0.73× | 176.99× | ||
| Q3 25 | 0.72× | 20.59× | ||
| Q2 25 | 0.71× | 8.21× | ||
| Q1 25 | 0.71× | 5.79× | ||
| Q4 24 | 0.70× | 7.84× | ||
| Q3 24 | 0.69× | 4.14× | ||
| Q2 24 | 0.68× | 3.94× | ||
| Q1 24 | 0.66× | 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 | $21.3M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $21.0M | $-68.6M |
| 自由现金流率自由现金流/营收 | 13.9% | -47.8% |
| 资本支出强度资本支出/营收 | 0.2% | 45.9% |
| 现金转化率经营现金流/净利润 | 3.52× | — |
| 过去12个月自由现金流最近4个季度 | $109.2M | $-398.5M |
8季度趋势，按日历期对齐
经营现金流EVCMFIP
| Q4 25 | $21.3M | $-2.8M | ||
| Q3 25 | $32.5M | $-24.4M | ||
| Q2 25 | $27.0M | $-5.2M | ||
| Q1 25 | $30.7M | $-85.7M | ||
| Q4 24 | $48.4M | $-8.1M | ||
| Q3 24 | $27.5M | $14.2M | ||
| Q2 24 | $23.9M | $-17.6M | ||
| Q1 24 | $13.3M | $-3.9M |
自由现金流EVCMFIP
| Q4 25 | $21.0M | $-68.6M | ||
| Q3 25 | $31.6M | $-90.7M | ||
| Q2 25 | $26.5M | $-87.5M | ||
| Q1 25 | $30.2M | $-151.7M | ||
| Q4 24 | $48.2M | $-34.3M | ||
| Q3 24 | $27.4M | $-11.7M | ||
| Q2 24 | $23.3M | $-32.1M | ||
| Q1 24 | $12.9M | $-16.7M |
自由现金流率EVCMFIP
| Q4 25 | 13.9% | -47.8% | ||
| Q3 25 | 21.4% | -64.5% | ||
| Q2 25 | 17.9% | -71.6% | ||
| Q1 25 | 21.2% | -157.7% | ||
| Q4 24 | 33.5% | -42.4% | ||
| Q3 24 | 19.5% | -14.0% | ||
| Q2 24 | 16.6% | -37.9% | ||
| Q1 24 | 9.4% | -20.3% |
资本支出强度EVCMFIP
| Q4 25 | 0.2% | 45.9% | ||
| Q3 25 | 0.6% | 47.2% | ||
| Q2 25 | 0.3% | 67.3% | ||
| Q1 25 | 0.3% | 68.6% | ||
| Q4 24 | 0.2% | 32.5% | ||
| Q3 24 | 0.1% | 31.1% | ||
| Q2 24 | 0.5% | 17.2% | ||
| Q1 24 | 0.3% | 15.6% |
现金转化率EVCMFIP
| Q4 25 | 3.52× | — | ||
| Q3 25 | 2.93× | — | ||
| Q2 25 | 3.31× | — | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | — | — | ||
| 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
EVCM
| Transferred Over Time | $146.4M | 97% |
| Transferred At Point In Time | $4.8M | 3% |
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% |
