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eXp World Holdings, Inc.（EXPI）与Liberty Energy Inc.（LBRT）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Liberty Energy Inc.的1.2倍（$1.2B vs $1.0B），Liberty Energy Inc.净利率更高（2.2% vs -1.1%，领先3.3%），eXp World Holdings, Inc.同比增速更快（8.5% vs 4.5%），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -6.2%）
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。
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
EXPI vs LBRT — 直观对比
营收规模更大
EXPI
是对方的1.2倍
$1.0B
营收增速更快
EXPI
高出4.1%
4.5%
净利率更高
LBRT
高出3.3%
-1.1%
两年增速更快
EXPI
近两年复合增速
-6.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $-12.9M | $22.6M |
| 毛利率 | — | — |
| 营业利润率 | -1.1% | 2.2% |
| 净利率 | -1.1% | 2.2% |
| 营收同比 | 8.5% | 4.5% |
| 净利润同比 | -35.7% | — |
| 每股收益（稀释后） | $-0.08 | $0.14 |
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EXPILBRT
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.3B | $947.4M | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $954.9M | $977.5M | ||
| Q4 24 | $1.1B | $943.6M | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.3B | $1.2B |
净利润EXPILBRT
| Q1 26 | — | $22.6M | ||
| Q4 25 | $-12.9M | $13.7M | ||
| Q3 25 | $3.5M | $43.1M | ||
| Q2 25 | $-2.3M | $71.0M | ||
| Q1 25 | $-11.0M | $20.1M | ||
| Q4 24 | $-9.5M | $51.9M | ||
| Q3 24 | $-8.5M | $73.8M | ||
| Q2 24 | $12.4M | $108.4M |
毛利率EXPILBRT
| Q1 26 | — | — | ||
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | 99.9% | 26.2% | ||
| Q2 24 | 99.9% | 27.9% |
营业利润率EXPILBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | -1.1% | 1.9% | ||
| Q3 25 | 0.3% | -0.3% | ||
| Q2 25 | -0.2% | 3.6% | ||
| Q1 25 | -1.1% | 1.9% | ||
| Q4 24 | -1.0% | 2.6% | ||
| Q3 24 | -0.7% | 9.4% | ||
| Q2 24 | 1.4% | 12.2% |
净利率EXPILBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | -1.1% | 1.3% | ||
| Q3 25 | 0.3% | 4.5% | ||
| Q2 25 | -0.2% | 6.8% | ||
| Q1 25 | -1.2% | 2.1% | ||
| Q4 24 | -0.9% | 5.5% | ||
| Q3 24 | -0.7% | 6.5% | ||
| Q2 24 | 1.0% | 9.3% |
每股收益（稀释后）EXPILBRT
| Q1 26 | — | $0.14 | ||
| Q4 25 | $-0.08 | $0.08 | ||
| Q3 25 | $0.02 | $0.26 | ||
| Q2 25 | $-0.01 | $0.43 | ||
| Q1 25 | $-0.07 | $0.12 | ||
| Q4 24 | $-0.06 | $0.31 | ||
| Q3 24 | $-0.06 | $0.44 | ||
| Q2 24 | $0.08 | $0.64 |
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 | $699.1M |
| 总债务越低越好 | — | $7.1M |
| 股东权益账面价值 | $242.8M | $1.9B |
| 总资产 | $442.5M | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资EXPILBRT
| Q1 26 | — | $699.1M | ||
| Q4 25 | $124.2M | $27.6M | ||
| Q3 25 | $112.8M | $13.5M | ||
| Q2 25 | $94.6M | $19.6M | ||
| Q1 25 | $115.7M | $24.1M | ||
| Q4 24 | $113.6M | $20.0M | ||
| Q3 24 | $130.4M | $23.0M | ||
| Q2 24 | $108.4M | $30.0M |
总债务EXPILBRT
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $246.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益EXPILBRT
| Q1 26 | — | $1.9B | ||
| Q4 25 | $242.8M | $2.1B | ||
| Q3 25 | $235.3M | $2.1B | ||
| Q2 25 | $218.4M | $2.0B | ||
| Q1 25 | $212.0M | $2.0B | ||
| Q4 24 | $204.9M | $2.0B | ||
| Q3 24 | $211.1M | $2.0B | ||
| Q2 24 | $220.3M | $1.9B |
总资产EXPILBRT
| Q1 26 | — | $4.4B | ||
| Q4 25 | $442.5M | $3.6B | ||
| Q3 25 | $458.7M | $3.5B | ||
| Q2 25 | $481.2M | $3.4B | ||
| Q1 25 | $435.8M | $3.4B | ||
| Q4 24 | $390.7M | $3.3B | ||
| Q3 24 | $432.6M | $3.3B | ||
| Q2 24 | $457.4M | $3.2B |
负债/权益比EXPILBRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $11.9M | — |
| 自由现金流率自由现金流/营收 | 1.0% | — |
| 资本支出强度资本支出/营收 | 0.2% | 13.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $109.0M | — |
8季度趋势，按日历期对齐
经营现金流EXPILBRT
| Q1 26 | — | — | ||
| Q4 25 | $13.8M | $195.4M | ||
| Q3 25 | $28.9M | $51.5M | ||
| Q2 25 | $36.1M | $170.6M | ||
| Q1 25 | $39.8M | $192.1M | ||
| Q4 24 | $13.7M | $177.3M | ||
| Q3 24 | $46.0M | $244.5M | ||
| Q2 24 | $71.1M | $248.2M |
自由现金流EXPILBRT
| Q1 26 | — | — | ||
| Q4 25 | $11.9M | $-10.0M | ||
| Q3 25 | $26.6M | $-67.2M | ||
| Q2 25 | $33.3M | $33.1M | ||
| Q1 25 | $37.3M | $58.2M | ||
| Q4 24 | $11.6M | $-26.2M | ||
| Q3 24 | $44.4M | $77.9M | ||
| Q2 24 | $69.7M | $112.2M |
自由现金流率EXPILBRT
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | -1.0% | ||
| Q3 25 | 2.0% | -7.1% | ||
| Q2 25 | 2.5% | 3.2% | ||
| Q1 25 | 3.9% | 6.0% | ||
| Q4 24 | 1.1% | -2.8% | ||
| Q3 24 | 3.6% | 6.8% | ||
| Q2 24 | 5.4% | 9.7% |
资本支出强度EXPILBRT
| Q1 26 | — | 13.1% | ||
| Q4 25 | 0.2% | 19.8% | ||
| Q3 25 | 0.2% | 12.5% | ||
| Q2 25 | 0.2% | 13.2% | ||
| Q1 25 | 0.3% | 13.7% | ||
| Q4 24 | 0.2% | 21.6% | ||
| Q3 24 | 0.1% | 14.6% | ||
| Q2 24 | 0.1% | 11.7% |
现金转化率EXPILBRT
| Q1 26 | — | — | ||
| Q4 25 | — | 14.28× | ||
| Q3 25 | 8.26× | 1.20× | ||
| Q2 25 | — | 2.40× | ||
| Q1 25 | — | 9.55× | ||
| Q4 24 | — | 3.42× | ||
| Q3 24 | — | 3.31× | ||
| Q2 24 | 5.75× | 2.29× |
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% |
LBRT
暂无分部数据
