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FIRST ADVANTAGE CORP（FA）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是FIRST ADVANTAGE CORP的1.9倍（$814.9M vs $420.0M），Ubiquiti Inc.净利率更高（28.7% vs 0.8%，领先27.8%），FIRST ADVANTAGE CORP同比增速更快（36.8% vs 35.8%），Ubiquiti Inc.自由现金流更多（$260.3M vs $62.2M），过去两年FIRST ADVANTAGE CORP的营收复合增速更高（57.5% vs 28.6%）
First Advantage是全球领先的劳动力筛查与背景验证服务提供商，服务覆盖科技、医疗、金融、零售、制造等多个行业的各规模客户，助力企业管控雇佣风险、满足合规要求，打造安全可信的工作环境。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
FA vs UI — 直观对比
营收规模更大
UI
是对方的1.9倍
$420.0M
营收增速更快
FA
高出0.9%
35.8%
净利率更高
UI
高出27.8%
0.8%
自由现金流更多
UI
多$198.1M
$62.2M
两年增速更快
FA
近两年复合增速
28.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $814.9M |
| 净利润 | $3.5M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 10.7% | 35.9% |
| 净利率 | 0.8% | 28.7% |
| 营收同比 | 36.8% | 35.8% |
| 净利润同比 | 103.5% | 70.8% |
| 每股收益（稀释后） | $0.03 | $3.86 |
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FAUI
| Q4 25 | $420.0M | $814.9M | ||
| Q3 25 | $409.2M | $733.8M | ||
| Q2 25 | $390.6M | $759.2M | ||
| Q1 25 | $354.6M | $664.2M | ||
| Q4 24 | $307.1M | $599.9M | ||
| Q3 24 | $199.1M | $550.3M | ||
| Q2 24 | $184.5M | $507.5M | ||
| Q1 24 | $169.4M | $493.0M |
净利润FAUI
| Q4 25 | $3.5M | $233.6M | ||
| Q3 25 | $2.6M | $207.9M | ||
| Q2 25 | $308.0K | $266.7M | ||
| Q1 25 | $-41.2M | $180.4M | ||
| Q4 24 | $-100.4M | $136.8M | ||
| Q3 24 | $-8.9M | $128.0M | ||
| Q2 24 | $1.9M | $103.8M | ||
| Q1 24 | $-2.9M | $76.3M |
毛利率FAUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.0% | ||
| Q2 25 | — | 45.1% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 35.3% |
营业利润率FAUI
| Q4 25 | 10.7% | 35.9% | ||
| Q3 25 | 10.3% | 35.7% | ||
| Q2 25 | 9.7% | 34.4% | ||
| Q1 25 | 2.1% | 34.2% | ||
| Q4 24 | -26.3% | 29.8% | ||
| Q3 24 | 4.6% | 30.7% | ||
| Q2 24 | 5.4% | 27.3% | ||
| Q1 24 | -0.4% | 22.6% |
净利率FAUI
| Q4 25 | 0.8% | 28.7% | ||
| Q3 25 | 0.6% | 28.3% | ||
| Q2 25 | 0.1% | 35.1% | ||
| Q1 25 | -11.6% | 27.2% | ||
| Q4 24 | -32.7% | 22.8% | ||
| Q3 24 | -4.4% | 23.3% | ||
| Q2 24 | 1.0% | 20.5% | ||
| Q1 24 | -1.7% | 15.5% |
每股收益（稀释后）FAUI
| Q4 25 | $0.03 | $3.86 | ||
| Q3 25 | $0.01 | $3.43 | ||
| Q2 25 | $0.00 | $4.40 | ||
| Q1 25 | $-0.24 | $2.98 | ||
| Q4 24 | $-0.67 | $2.26 | ||
| Q3 24 | $-0.06 | $2.12 | ||
| Q2 24 | $0.01 | $1.72 | ||
| Q1 24 | $-0.02 | $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 | $240.0M | $302.8M |
| 总债务越低越好 | $2.1B | $47.5M |
| 股东权益账面价值 | $1.3B | $1.0B |
| 总资产 | $3.8B | $1.6B |
| 负债/权益比越低杠杆越低 | 1.61× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资FAUI
| Q4 25 | $240.0M | $302.8M | ||
| Q3 25 | $216.8M | $177.2M | ||
| Q2 25 | $184.3M | $149.7M | ||
| Q1 25 | $172.0M | $151.0M | ||
| Q4 24 | $168.7M | $133.1M | ||
| Q3 24 | $307.4M | $165.2M | ||
| Q2 24 | $269.6M | $126.3M | ||
| Q1 24 | $246.0M | $102.5M |
总债务FAUI
| Q4 25 | $2.1B | $47.5M | ||
| Q3 25 | $2.1B | $133.8M | ||
| Q2 25 | $2.1B | $250.0M | ||
| Q1 25 | $2.2B | $340.0M | ||
| Q4 24 | $2.2B | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益FAUI
| Q4 25 | $1.3B | $1.0B | ||
| Q3 25 | $1.3B | $828.4M | ||
| Q2 25 | $1.3B | $668.3M | ||
| Q1 25 | $1.3B | $436.1M | ||
| Q4 24 | $1.3B | $290.4M | ||
| Q3 24 | $920.7M | $188.1M | ||
| Q2 24 | $913.3M | $95.1M | ||
| Q1 24 | $907.7M | $25.9M |
总资产FAUI
| Q4 25 | $3.8B | $1.6B | ||
| Q3 25 | $3.9B | $1.5B | ||
| Q2 25 | $3.9B | $1.5B | ||
| Q1 25 | $3.9B | $1.3B | ||
| Q4 24 | $3.9B | $1.2B | ||
| Q3 24 | $1.7B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B | ||
| Q1 24 | $1.6B | $1.2B |
负债/权益比FAUI
| Q4 25 | 1.61× | 0.05× | ||
| Q3 25 | 1.64× | 0.16× | ||
| Q2 25 | 1.65× | 0.37× | ||
| Q1 25 | 1.69× | 0.78× | ||
| Q4 24 | 1.66× | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $65.9M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | $260.3M |
| 自由现金流率自由现金流/营收 | 14.8% | 31.9% |
| 资本支出强度资本支出/营收 | 0.9% | 0.4% |
| 现金转化率经营现金流/净利润 | 19.01× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $188.5M | $699.5M |
8季度趋势，按日历期对齐
经营现金流FAUI
| Q4 25 | $65.9M | $263.9M | ||
| Q3 25 | $72.4M | $198.5M | ||
| Q2 25 | $37.3M | $130.4M | ||
| Q1 25 | $19.5M | $123.6M | ||
| Q4 24 | $-85.7M | $152.4M | ||
| Q3 24 | $43.5M | $233.7M | ||
| Q2 24 | $32.0M | $231.4M | ||
| Q1 24 | $38.3M | $163.9M |
自由现金流FAUI
| Q4 25 | $62.2M | $260.3M | ||
| Q3 25 | $71.2M | $193.3M | ||
| Q2 25 | $36.1M | $125.2M | ||
| Q1 25 | $19.0M | $120.7M | ||
| Q4 24 | $-86.0M | $150.4M | ||
| Q3 24 | $43.1M | $231.1M | ||
| Q2 24 | $31.4M | $229.5M | ||
| Q1 24 | $38.0M | $160.6M |
自由现金流率FAUI
| Q4 25 | 14.8% | 31.9% | ||
| Q3 25 | 17.4% | 26.3% | ||
| Q2 25 | 9.2% | 16.5% | ||
| Q1 25 | 5.4% | 18.2% | ||
| Q4 24 | -28.0% | 25.1% | ||
| Q3 24 | 21.6% | 42.0% | ||
| Q2 24 | 17.0% | 45.2% | ||
| Q1 24 | 22.4% | 32.6% |
资本支出强度FAUI
| Q4 25 | 0.9% | 0.4% | ||
| Q3 25 | 0.3% | 0.7% | ||
| Q2 25 | 0.3% | 0.7% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.1% | 0.3% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.4% | 0.4% | ||
| Q1 24 | 0.2% | 0.7% |
现金转化率FAUI
| Q4 25 | 19.01× | 1.13× | ||
| Q3 25 | 27.91× | 0.95× | ||
| Q2 25 | 121.25× | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | 17.22× | 2.23× | ||
| Q1 24 | — | 2.15× |
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
FA
| First Advantage Americas | $209.9M | 50% |
| Sterling | $185.9M | 44% |
| First Advantage International | $24.2M | 6% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
