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EverCommerce Inc.（EVCM）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是EverCommerce Inc.的1.5倍（$225.6M vs $151.2M），EverCommerce Inc.净利率更高（4.0% vs -119.0%，领先123.0%），六旗同比增速更快（11.7% vs 5.2%）
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。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
EVCM vs FUN — 直观对比
营收规模更大
FUN
是对方的1.5倍
$151.2M
营收增速更快
FUN
高出6.5%
5.2%
净利率更高
EVCM
高出123.0%
-119.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $151.2M | $225.6M |
| 净利润 | $6.0M | $-268.6M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | — |
| 净利率 | 4.0% | -119.0% |
| 营收同比 | 5.2% | 11.7% |
| 净利润同比 | 149.4% | -22.2% |
| 每股收益（稀释后） | $0.04 | — |
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EVCMFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $151.2M | $650.1M | ||
| Q3 25 | $147.5M | $1.3B | ||
| Q2 25 | $148.0M | $930.4M | ||
| Q1 25 | $142.3M | $202.1M | ||
| Q4 24 | $143.7M | — | ||
| Q3 24 | $140.1M | $1.3B | ||
| Q2 24 | $140.5M | $571.6M |
净利润EVCMFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | $6.0M | $-92.4M | ||
| Q3 25 | $11.1M | $-1.2B | ||
| Q2 25 | $8.2M | $-99.6M | ||
| Q1 25 | $-7.7M | $-219.7M | ||
| Q4 24 | $-12.2M | — | ||
| Q3 24 | $-9.2M | $111.0M | ||
| Q2 24 | $-3.4M | $55.6M |
毛利率EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 91.4% | ||
| Q3 25 | — | 91.6% | ||
| Q2 25 | — | 91.3% | ||
| Q1 25 | — | 89.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 91.9% | ||
| Q2 24 | — | 90.7% |
营业利润率EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | -3.8% | ||
| Q3 25 | 10.8% | -83.7% | ||
| Q2 25 | 10.7% | 8.0% | ||
| Q1 25 | 10.0% | -158.9% | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 7.2% | 19.5% | ||
| Q2 24 | 5.5% | 21.6% |
净利率EVCMFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | 4.0% | -14.2% | ||
| Q3 25 | 7.5% | -90.1% | ||
| Q2 25 | 5.5% | -10.7% | ||
| Q1 25 | -5.4% | -108.7% | ||
| Q4 24 | -8.5% | — | ||
| Q3 24 | -6.5% | 8.2% | ||
| Q2 24 | -2.4% | 9.7% |
每股收益（稀释后）EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | $0.04 | $-0.93 | ||
| Q3 25 | $0.06 | $-11.77 | ||
| Q2 25 | $0.04 | $-0.99 | ||
| Q1 25 | $-0.04 | $-2.20 | ||
| Q4 24 | $-0.06 | — | ||
| Q3 24 | $-0.05 | $1.10 | ||
| Q2 24 | $-0.02 | — |
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 | $116.5M |
| 总债务越低越好 | $523.4M | — |
| 股东权益账面价值 | $716.9M | $279.2M |
| 总资产 | $1.4B | $7.7B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资EVCMFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | $129.7M | $91.1M | ||
| Q3 25 | $106.9M | $70.7M | ||
| Q2 25 | $151.1M | $107.4M | ||
| Q1 25 | $148.4M | $61.5M | ||
| Q4 24 | $135.8M | — | ||
| Q3 24 | $101.6M | $89.7M | ||
| Q2 24 | $86.7M | $52.9M |
总债务EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | $523.4M | $5.2B | ||
| Q3 25 | $524.6M | $5.0B | ||
| Q2 25 | $525.8M | $5.3B | ||
| Q1 25 | $526.9M | $5.0B | ||
| Q4 24 | $527.9M | — | ||
| Q3 24 | $529.0M | $4.6B | ||
| Q2 24 | $530.1M | $2.3B |
股东权益EVCMFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $716.9M | $549.8M | ||
| Q3 25 | $728.5M | $614.3M | ||
| Q2 25 | $744.0M | $1.8B | ||
| Q1 25 | $739.6M | $1.8B | ||
| Q4 24 | $750.8M | — | ||
| Q3 24 | $770.7M | $2.3B | ||
| Q2 24 | $784.1M | — |
总资产EVCMFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $1.4B | $7.8B | ||
| Q3 25 | $1.4B | $7.9B | ||
| Q2 25 | $1.4B | $9.5B | ||
| Q1 25 | $1.4B | $9.2B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | $9.4B | ||
| Q2 24 | $1.5B | $2.3B |
负债/权益比EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | 9.40× | ||
| Q3 25 | 0.72× | 8.16× | ||
| Q2 25 | 0.71× | 2.97× | ||
| Q1 25 | 0.71× | 2.75× | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.69× | 1.95× | ||
| Q2 24 | 0.68× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $21.0M | — |
| 自由现金流率自由现金流/营收 | 13.9% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | $21.3M | $-37.7M | ||
| Q3 25 | $32.5M | $356.2M | ||
| Q2 25 | $27.0M | $187.0M | ||
| Q1 25 | $30.7M | $-178.0M | ||
| Q4 24 | $48.4M | — | ||
| Q3 24 | $27.5M | $337.4M | ||
| Q2 24 | $23.9M | — |
自由现金流EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | $21.0M | $-109.3M | ||
| Q3 25 | $31.6M | $256.2M | ||
| Q2 25 | $26.5M | $18.8M | ||
| Q1 25 | $30.2M | $-318.0M | ||
| Q4 24 | $48.2M | — | ||
| Q3 24 | $27.4M | $227.7M | ||
| Q2 24 | $23.3M | — |
自由现金流率EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | -16.8% | ||
| Q3 25 | 21.4% | 19.4% | ||
| Q2 25 | 17.9% | 2.0% | ||
| Q1 25 | 21.2% | -157.4% | ||
| Q4 24 | 33.5% | — | ||
| Q3 24 | 19.5% | 16.9% | ||
| Q2 24 | 16.6% | — |
资本支出强度EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 11.0% | ||
| Q3 25 | 0.6% | 7.6% | ||
| Q2 25 | 0.3% | 18.1% | ||
| Q1 25 | 0.3% | 69.3% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | 8.1% | ||
| Q2 24 | 0.5% | — |
现金转化率EVCMFUN
| Q1 26 | — | — | ||
| Q4 25 | 3.52× | — | ||
| Q3 25 | 2.93× | — | ||
| Q2 25 | 3.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.04× | ||
| Q2 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% |
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
