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eXp World Holdings, Inc.（EXPI）与REV Group, Inc.（REVG）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REV Group, Inc.的1.8倍（$1.2B vs $664.4M），REV Group, Inc.净利率更高（4.3% vs -1.1%，领先5.4%），REV Group, Inc.同比增速更快（11.1% vs 8.5%），REV Group, Inc.自由现金流更多（$53.7M vs $11.9M），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs 6.5%）
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。
REV Group是一家美国智能语音转文字服务提供商，总部位于旧金山和奥斯汀，成立于2010年，核心业务涵盖隐藏字幕制作、多语言字幕翻译及文字转录服务，曾获《PC Magazine》2018年编辑选择奖，2019年获评该杂志最佳转录服务提供商。
EXPI vs REVG — 直观对比
营收规模更大
EXPI
是对方的1.8倍
$664.4M
营收增速更快
REVG
高出2.6%
8.5%
净利率更高
REVG
高出5.4%
-1.1%
自由现金流更多
REVG
多$41.8M
$11.9M
两年增速更快
EXPI
近两年复合增速
6.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $664.4M |
| 净利润 | $-12.9M | $28.9M |
| 毛利率 | — | 15.4% |
| 营业利润率 | -1.1% | 7.1% |
| 净利率 | -1.1% | 4.3% |
| 营收同比 | 8.5% | 11.1% |
| 净利润同比 | -35.7% | -30.7% |
| 每股收益（稀释后） | $-0.08 | $0.57 |
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EXPIREVG
| Q4 25 | $1.2B | $664.4M | ||
| Q3 25 | $1.3B | $644.9M | ||
| Q2 25 | $1.3B | $629.1M | ||
| Q1 25 | $954.9M | $525.1M | ||
| Q4 24 | $1.1B | $597.9M | ||
| Q3 24 | $1.2B | $579.4M | ||
| Q2 24 | $1.3B | $616.9M | ||
| Q1 24 | $943.1M | $586.0M |
净利润EXPIREVG
| Q4 25 | $-12.9M | $28.9M | ||
| Q3 25 | $3.5M | $29.1M | ||
| Q2 25 | $-2.3M | $19.0M | ||
| Q1 25 | $-11.0M | $18.2M | ||
| Q4 24 | $-9.5M | $41.7M | ||
| Q3 24 | $-8.5M | $18.0M | ||
| Q2 24 | $12.4M | $15.2M | ||
| Q1 24 | $-15.6M | $182.7M |
毛利率EXPIREVG
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 15.8% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 13.3% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 99.9% | 13.5% | ||
| Q2 24 | 99.9% | 12.5% | ||
| Q1 24 | — | 10.7% |
营业利润率EXPIREVG
| Q4 25 | -1.1% | 7.1% | ||
| Q3 25 | 0.3% | 8.8% | ||
| Q2 25 | -0.2% | 7.9% | ||
| Q1 25 | -1.1% | 5.3% | ||
| Q4 24 | -1.0% | 5.8% | ||
| Q3 24 | -0.7% | 4.9% | ||
| Q2 24 | 1.4% | 3.7% | ||
| Q1 24 | -1.9% | -1.1% |
净利率EXPIREVG
| Q4 25 | -1.1% | 4.3% | ||
| Q3 25 | 0.3% | 4.5% | ||
| Q2 25 | -0.2% | 3.0% | ||
| Q1 25 | -1.2% | 3.5% | ||
| Q4 24 | -0.9% | 7.0% | ||
| Q3 24 | -0.7% | 3.1% | ||
| Q2 24 | 1.0% | 2.5% | ||
| Q1 24 | -1.7% | 31.2% |
每股收益（稀释后）EXPIREVG
| Q4 25 | $-0.08 | $0.57 | ||
| Q3 25 | $0.02 | $0.59 | ||
| Q2 25 | $-0.01 | $0.38 | ||
| Q1 25 | $-0.07 | $0.35 | ||
| Q4 24 | $-0.06 | $1.03 | ||
| Q3 24 | $-0.06 | $0.35 | ||
| Q2 24 | $0.08 | $0.28 | ||
| Q1 24 | $-0.10 | $3.06 |
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 | $34.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $242.8M | $416.3M |
| 总资产 | $442.5M | $1.2B |
| 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EXPIREVG
| Q4 25 | $124.2M | $34.7M | ||
| Q3 25 | $112.8M | $36.0M | ||
| Q2 25 | $94.6M | $28.8M | ||
| Q1 25 | $115.7M | $31.6M | ||
| Q4 24 | $113.6M | $24.6M | ||
| Q3 24 | $130.4M | $50.5M | ||
| Q2 24 | $108.4M | $38.2M | ||
| Q1 24 | $109.2M | $87.9M |
股东权益EXPIREVG
| Q4 25 | $242.8M | $416.3M | ||
| Q3 25 | $235.3M | $387.3M | ||
| Q2 25 | $218.4M | $357.8M | ||
| Q1 25 | $212.0M | $428.8M | ||
| Q4 24 | $204.9M | $435.1M | ||
| Q3 24 | $211.1M | $394.6M | ||
| Q2 24 | $220.3M | $379.7M | ||
| Q1 24 | $222.4M | $496.1M |
总资产EXPIREVG
| Q4 25 | $442.5M | $1.2B | ||
| Q3 25 | $458.7M | $1.2B | ||
| Q2 25 | $481.2M | $1.2B | ||
| Q1 25 | $435.8M | $1.2B | ||
| Q4 24 | $390.7M | $1.2B | ||
| Q3 24 | $432.6M | $1.3B | ||
| Q2 24 | $457.4M | $1.3B | ||
| Q1 24 | $426.7M | $1.4B |
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 | $76.9M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $53.7M |
| 自由现金流率自由现金流/营收 | 1.0% | 8.1% |
| 资本支出强度资本支出/营收 | 0.2% | 3.5% |
| 现金转化率经营现金流/净利润 | — | 2.66× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $190.0M |
8季度趋势，按日历期对齐
经营现金流EXPIREVG
| Q4 25 | $13.8M | $76.9M | ||
| Q3 25 | $28.9M | $60.3M | ||
| Q2 25 | $36.1M | $117.0M | ||
| Q1 25 | $39.8M | $-13.1M | ||
| Q4 24 | $13.7M | $68.6M | ||
| Q3 24 | $46.0M | $14.4M | ||
| Q2 24 | $71.1M | $40.1M | ||
| Q1 24 | $60.7M | $-69.7M |
自由现金流EXPIREVG
| Q4 25 | $11.9M | $53.7M | ||
| Q3 25 | $26.6M | $48.7M | ||
| Q2 25 | $33.3M | $105.6M | ||
| Q1 25 | $37.3M | $-18.0M | ||
| Q4 24 | $11.6M | $63.3M | ||
| Q3 24 | $44.4M | $8.5M | ||
| Q2 24 | $69.7M | $34.2M | ||
| Q1 24 | $59.3M | $-80.2M |
自由现金流率EXPIREVG
| Q4 25 | 1.0% | 8.1% | ||
| Q3 25 | 2.0% | 7.6% | ||
| Q2 25 | 2.5% | 16.8% | ||
| Q1 25 | 3.9% | -3.4% | ||
| Q4 24 | 1.1% | 10.6% | ||
| Q3 24 | 3.6% | 1.5% | ||
| Q2 24 | 5.4% | 5.5% | ||
| Q1 24 | 6.3% | -13.7% |
资本支出强度EXPIREVG
| Q4 25 | 0.2% | 3.5% | ||
| Q3 25 | 0.2% | 1.8% | ||
| Q2 25 | 0.2% | 1.8% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 0.2% | 0.9% | ||
| Q3 24 | 0.1% | 1.0% | ||
| Q2 24 | 0.1% | 1.0% | ||
| Q1 24 | 0.1% | 1.8% |
现金转化率EXPIREVG
| Q4 25 | — | 2.66× | ||
| Q3 25 | 8.26× | 2.07× | ||
| Q2 25 | — | 6.16× | ||
| Q1 25 | — | -0.72× | ||
| Q4 24 | — | 1.65× | ||
| Q3 24 | — | 0.80× | ||
| Q2 24 | 5.75× | 2.64× | ||
| Q1 24 | — | -0.38× |
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% |
REVG
| Specialty Vehicles | $507.4M | 76% |
| Recreational Vehicles | $157.2M | 24% |
