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eXp World Holdings, Inc.（EXPI）与Fabrinet（FN）财务数据对比。点击上方公司名可切换其他公司
eXp World Holdings, Inc.的季度营收约是Fabrinet的1.1倍（$1.2B vs $1.1B），Fabrinet净利率更高（9.9% vs -1.1%，领先11.0%），Fabrinet同比增速更快（35.9% vs 8.5%），eXp World Holdings, Inc.自由现金流更多（$11.9M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs 12.4%）
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
EXPI vs FN — 直观对比
营收规模更大
EXPI
是对方的1.1倍
$1.1B
营收增速更快
FN
高出27.4%
8.5%
净利率更高
FN
高出11.0%
-1.1%
自由现金流更多
EXPI
多$17.3M
$-5.3M
两年增速更快
FN
近两年复合增速
12.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.1B |
| 净利润 | $-12.9M | $112.6M |
| 毛利率 | — | 12.2% |
| 营业利润率 | -1.1% | 10.1% |
| 净利率 | -1.1% | 9.9% |
| 营收同比 | 8.5% | 35.9% |
| 净利润同比 | -35.7% | 30.0% |
| 每股收益（稀释后） | $-0.08 | $3.11 |
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EXPIFN
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.3B | $978.1M | ||
| Q2 25 | $1.3B | $909.7M | ||
| Q1 25 | $954.9M | $871.8M | ||
| Q4 24 | $1.1B | $833.6M | ||
| Q3 24 | $1.2B | $804.2M | ||
| Q2 24 | $1.3B | $753.3M | ||
| Q1 24 | $943.1M | $731.5M |
净利润EXPIFN
| Q4 25 | $-12.9M | $112.6M | ||
| Q3 25 | $3.5M | $95.9M | ||
| Q2 25 | $-2.3M | $87.2M | ||
| Q1 25 | $-11.0M | $81.3M | ||
| Q4 24 | $-9.5M | $86.6M | ||
| Q3 24 | $-8.5M | $77.4M | ||
| Q2 24 | $12.4M | $81.1M | ||
| Q1 24 | $-15.6M | $80.9M |
毛利率EXPIFN
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | — | 12.2% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | 99.9% | 12.3% | ||
| Q2 24 | 99.9% | 12.3% | ||
| Q1 24 | — | 12.4% |
营业利润率EXPIFN
| Q4 25 | -1.1% | 10.1% | ||
| Q3 25 | 0.3% | 9.6% | ||
| Q2 25 | -0.2% | 9.8% | ||
| Q1 25 | -1.1% | 9.0% | ||
| Q4 24 | -1.0% | 9.5% | ||
| Q3 24 | -0.7% | 9.6% | ||
| Q2 24 | 1.4% | 9.7% | ||
| Q1 24 | -1.9% | 9.7% |
净利率EXPIFN
| Q4 25 | -1.1% | 9.9% | ||
| Q3 25 | 0.3% | 9.8% | ||
| Q2 25 | -0.2% | 9.6% | ||
| Q1 25 | -1.2% | 9.3% | ||
| Q4 24 | -0.9% | 10.4% | ||
| Q3 24 | -0.7% | 9.6% | ||
| Q2 24 | 1.0% | 10.8% | ||
| Q1 24 | -1.7% | 11.1% |
每股收益（稀释后）EXPIFN
| Q4 25 | $-0.08 | $3.11 | ||
| Q3 25 | $0.02 | $2.66 | ||
| Q2 25 | $-0.01 | $2.41 | ||
| Q1 25 | $-0.07 | $2.25 | ||
| Q4 24 | $-0.06 | $2.38 | ||
| Q3 24 | $-0.06 | $2.13 | ||
| Q2 24 | $0.08 | $2.22 | ||
| Q1 24 | $-0.10 | $2.21 |
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 | $124.2M | $960.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $242.8M | $2.2B |
| 总资产 | $442.5M | $3.3B |
| 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EXPIFN
| Q4 25 | $124.2M | $960.8M | ||
| Q3 25 | $112.8M | $968.8M | ||
| Q2 25 | $94.6M | $934.2M | ||
| Q1 25 | $115.7M | $950.7M | ||
| Q4 24 | $113.6M | $934.6M | ||
| Q3 24 | $130.4M | $908.9M | ||
| Q2 24 | $108.4M | $858.6M | ||
| Q1 24 | $109.2M | $794.0M |
股东权益EXPIFN
| Q4 25 | $242.8M | $2.2B | ||
| Q3 25 | $235.3M | $2.1B | ||
| Q2 25 | $218.4M | $2.0B | ||
| Q1 25 | $212.0M | $1.9B | ||
| Q4 24 | $204.9M | $1.8B | ||
| Q3 24 | $211.1M | $1.8B | ||
| Q2 24 | $220.3M | $1.7B | ||
| Q1 24 | $222.4M | $1.7B |
总资产EXPIFN
| Q4 25 | $442.5M | $3.3B | ||
| Q3 25 | $458.7M | $3.0B | ||
| Q2 25 | $481.2M | $2.8B | ||
| Q1 25 | $435.8M | $2.6B | ||
| Q4 24 | $390.7M | $2.5B | ||
| Q3 24 | $432.6M | $2.4B | ||
| Q2 24 | $457.4M | $2.3B | ||
| Q1 24 | $426.7M | $2.2B |
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 | $13.8M | $46.3M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $-5.3M |
| 自由现金流率自由现金流/营收 | 1.0% | -0.5% |
| 资本支出强度资本支出/营收 | 0.2% | 4.6% |
| 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 | $109.0M | $102.3M |
8季度趋势，按日历期对齐
经营现金流EXPIFN
| Q4 25 | $13.8M | $46.3M | ||
| Q3 25 | $28.9M | $102.6M | ||
| Q2 25 | $36.1M | $55.1M | ||
| Q1 25 | $39.8M | $74.2M | ||
| Q4 24 | $13.7M | $115.9M | ||
| Q3 24 | $46.0M | $83.2M | ||
| Q2 24 | $71.1M | $83.1M | ||
| Q1 24 | $60.7M | $100.9M |
自由现金流EXPIFN
| Q4 25 | $11.9M | $-5.3M | ||
| Q3 25 | $26.6M | $57.3M | ||
| Q2 25 | $33.3M | $4.7M | ||
| Q1 25 | $37.3M | $45.7M | ||
| Q4 24 | $11.6M | $94.0M | ||
| Q3 24 | $44.4M | $62.9M | ||
| Q2 24 | $69.7M | $70.4M | ||
| Q1 24 | $59.3M | $87.3M |
自由现金流率EXPIFN
| Q4 25 | 1.0% | -0.5% | ||
| Q3 25 | 2.0% | 5.9% | ||
| Q2 25 | 2.5% | 0.5% | ||
| Q1 25 | 3.9% | 5.2% | ||
| Q4 24 | 1.1% | 11.3% | ||
| Q3 24 | 3.6% | 7.8% | ||
| Q2 24 | 5.4% | 9.3% | ||
| Q1 24 | 6.3% | 11.9% |
资本支出强度EXPIFN
| Q4 25 | 0.2% | 4.6% | ||
| Q3 25 | 0.2% | 4.6% | ||
| Q2 25 | 0.2% | 5.5% | ||
| Q1 25 | 0.3% | 3.3% | ||
| Q4 24 | 0.2% | 2.6% | ||
| Q3 24 | 0.1% | 2.5% | ||
| Q2 24 | 0.1% | 1.7% | ||
| Q1 24 | 0.1% | 1.9% |
现金转化率EXPIFN
| Q4 25 | — | 0.41× | ||
| Q3 25 | 8.26× | 1.07× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 1.34× | ||
| Q3 24 | — | 1.07× | ||
| Q2 24 | 5.75× | 1.02× | ||
| Q1 24 | — | 1.25× |
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
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
