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亿客行集团（EXPE）与ServiceNow（NOW）财务数据对比。点击上方公司名可切换其他公司
ServiceNow的季度营收约是亿客行集团的1.1倍（$3.8B vs $3.5B），ServiceNow净利率更高（12.4% vs 5.8%，领先6.7%），亿客行集团同比增速更快（18.7% vs 2.8%），过去两年ServiceNow的营收复合增速更高（19.8% vs -0.2%）
亿客行集团是总部位于美国西雅图的在线旅游服务商，旗下旅行预订平台Expedia于1996年由微软推出。用户可通过其官方网站及移动应用预订机票、酒店、租车、邮轮、特色活动及度假短租等产品，为全球消费者提供便捷的一站式旅行服务解决方案。
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
EXPE vs NOW — 直观对比
营收规模更大
NOW
是对方的1.1倍
$3.5B
营收增速更快
EXPE
高出15.9%
2.8%
净利率更高
NOW
高出6.7%
5.8%
两年增速更快
NOW
近两年复合增速
-0.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $3.8B |
| 净利润 | $205.0M | $469.0M |
| 毛利率 | — | 75.1% |
| 营业利润率 | 11.8% | 13.3% |
| 净利率 | 5.8% | 12.4% |
| 营收同比 | 18.7% | 2.8% |
| 净利润同比 | 202.5% | -53.7% |
| 每股收益（稀释后） | $1.56 | $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EXPENOW
| Q1 26 | $3.5B | $3.8B | ||
| Q4 25 | $3.5B | $3.6B | ||
| Q3 25 | $4.4B | $3.4B | ||
| Q2 25 | $3.8B | $3.2B | ||
| Q1 25 | $3.0B | $3.1B | ||
| Q4 24 | $3.2B | $3.0B | ||
| Q3 24 | $4.1B | $2.8B | ||
| Q2 24 | $3.6B | $2.6B |
净利润EXPENOW
| Q1 26 | $205.0M | $469.0M | ||
| Q4 25 | $205.0M | $401.0M | ||
| Q3 25 | $959.0M | $502.0M | ||
| Q2 25 | $330.0M | $385.0M | ||
| Q1 25 | $-200.0M | $460.0M | ||
| Q4 24 | $299.0M | $384.0M | ||
| Q3 24 | $684.0M | $432.0M | ||
| Q2 24 | $386.0M | $262.0M |
毛利率EXPENOW
| Q1 26 | — | 75.1% | ||
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 77.3% | ||
| Q2 25 | — | 77.5% | ||
| Q1 25 | — | 78.9% | ||
| Q4 24 | — | 78.7% | ||
| Q3 24 | — | 79.1% | ||
| Q2 24 | — | 79.0% |
营业利润率EXPENOW
| Q1 26 | 11.8% | 13.3% | ||
| Q4 25 | 11.8% | 12.4% | ||
| Q3 25 | 23.5% | 16.8% | ||
| Q2 25 | 12.8% | 11.1% | ||
| Q1 25 | -2.3% | 14.6% | ||
| Q4 24 | 6.8% | 12.6% | ||
| Q3 24 | 18.8% | 14.9% | ||
| Q2 24 | 12.7% | 9.1% |
净利率EXPENOW
| Q1 26 | 5.8% | 12.4% | ||
| Q4 25 | 5.8% | 11.2% | ||
| Q3 25 | 21.7% | 14.7% | ||
| Q2 25 | 8.7% | 12.0% | ||
| Q1 25 | -6.7% | 14.9% | ||
| Q4 24 | 9.4% | 13.0% | ||
| Q3 24 | 16.8% | 15.4% | ||
| Q2 24 | 10.8% | 10.0% |
每股收益（稀释后）EXPENOW
| Q1 26 | $1.56 | $1.04 | ||
| Q4 25 | $1.56 | $-4.77 | ||
| Q3 25 | $7.33 | $2.40 | ||
| Q2 25 | $2.48 | $1.84 | ||
| Q1 25 | $-1.56 | $2.20 | ||
| Q4 24 | $2.10 | $1.84 | ||
| Q3 24 | $5.04 | $2.07 | ||
| Q2 24 | $2.80 | $1.26 |
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 | $5.7B | $2.7B |
| 总债务越低越好 | $6.2B | — |
| 股东权益账面价值 | $1.3B | $11.7B |
| 总资产 | $24.5B | $24.4B |
| 负债/权益比越低杠杆越低 | 4.80× | — |
8季度趋势，按日历期对齐
现金及短期投资EXPENOW
| Q1 26 | $5.7B | $2.7B | ||
| Q4 25 | $5.7B | $3.7B | ||
| Q3 25 | $6.2B | $2.7B | ||
| Q2 25 | $6.7B | $3.1B | ||
| Q1 25 | $6.1B | $3.4B | ||
| Q4 24 | $4.5B | $2.3B | ||
| Q3 24 | $4.9B | $1.9B | ||
| Q2 24 | $6.3B | $2.2B |
总债务EXPENOW
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $6.2B | — | ||
| Q1 25 | $6.2B | — | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $6.3B | — | ||
| Q2 24 | $6.3B | — |
股东权益EXPENOW
| Q1 26 | $1.3B | $11.7B | ||
| Q4 25 | $1.3B | $13.0B | ||
| Q3 25 | $1.3B | $11.3B | ||
| Q2 25 | $836.0M | $10.9B | ||
| Q1 25 | $1.1B | $10.1B | ||
| Q4 24 | $1.6B | $9.6B | ||
| Q3 24 | $1.3B | $9.3B | ||
| Q2 24 | $889.0M | $8.7B |
总资产EXPENOW
| Q1 26 | $24.5B | $24.4B | ||
| Q4 25 | $24.5B | $26.0B | ||
| Q3 25 | $25.1B | $21.8B | ||
| Q2 25 | $27.0B | $22.1B | ||
| Q1 25 | $26.1B | $21.0B | ||
| Q4 24 | $22.4B | $20.4B | ||
| Q3 24 | $23.4B | $18.4B | ||
| Q2 24 | $25.9B | $18.2B |
负债/权益比EXPENOW
| Q1 26 | 4.80× | — | ||
| Q4 25 | 4.80× | — | ||
| Q3 25 | 4.65× | — | ||
| Q2 25 | 7.43× | — | ||
| Q1 25 | 5.79× | — | ||
| Q4 24 | 4.02× | — | ||
| Q3 24 | 4.74× | — | ||
| Q2 24 | 7.04× | — |
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 | — | $1.7B |
| 自由现金流经营现金流 - 资本支出 | — | $1.7B |
| 自由现金流率自由现金流/营收 | — | 44.2% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 3.56× |
| 过去12个月自由现金流最近4个季度 | — | $4.8B |
8季度趋势，按日历期对齐
经营现金流EXPENOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | $304.0M | $2.2B | ||
| Q3 25 | $-497.0M | $813.0M | ||
| Q2 25 | $1.1B | $716.0M | ||
| Q1 25 | $3.0B | $1.7B | ||
| Q4 24 | $198.0M | $1.6B | ||
| Q3 24 | $-1.5B | $671.0M | ||
| Q2 24 | $1.5B | $620.0M |
自由现金流EXPENOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | $119.0M | $2.0B | ||
| Q3 25 | $-686.0M | $578.0M | ||
| Q2 25 | $921.0M | $526.0M | ||
| Q1 25 | $2.8B | $1.5B | ||
| Q4 24 | $7.0M | $1.4B | ||
| Q3 24 | $-1.7B | $469.0M | ||
| Q2 24 | $1.3B | $358.0M |
自由现金流率EXPENOW
| Q1 26 | — | 44.2% | ||
| Q4 25 | 3.4% | 56.1% | ||
| Q3 25 | -15.5% | 17.0% | ||
| Q2 25 | 24.3% | 16.4% | ||
| Q1 25 | 92.2% | 47.7% | ||
| Q4 24 | 0.2% | 46.7% | ||
| Q3 24 | -41.6% | 16.8% | ||
| Q2 24 | 36.7% | 13.6% |
资本支出强度EXPENOW
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | 6.7% | ||
| Q3 25 | 4.3% | 6.9% | ||
| Q2 25 | 5.3% | 5.9% | ||
| Q1 25 | 6.6% | 6.6% | ||
| Q4 24 | 6.0% | 8.6% | ||
| Q3 24 | 4.8% | 7.2% | ||
| Q2 24 | 5.5% | 10.0% |
现金转化率EXPENOW
| Q1 26 | — | 3.56× | ||
| Q4 25 | 1.48× | 5.58× | ||
| Q3 25 | -0.52× | 1.62× | ||
| Q2 25 | 3.40× | 1.86× | ||
| Q1 25 | — | 3.65× | ||
| Q4 24 | 0.66× | 4.26× | ||
| Q3 24 | -2.18× | 1.55× | ||
| Q2 24 | 3.89× | 2.37× |
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
EXPE
暂无分部数据
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $80.5M | 2% |
| Professional services and other revenues | $18.5M | 0% |
