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FirstCash Holdings, Inc.（FCFS）与Unity Software Inc.（U）财务数据对比。点击上方公司名可切换其他公司
Unity Software Inc.的季度营收约是FirstCash Holdings, Inc.的1.0倍（$508.2M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs -68.3%，领先89.0%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 17.0%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 6.4%）
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
Unity Software Inc.是总部位于美国旧金山的游戏软件开发企业，2004年于丹麦成立时原名为Over the Edge Entertainment，2007年更为现名。公司核心产品Unity游戏引擎全球应用广泛，可用于开发各类电子游戏及其他互动应用，商业化授权服务覆盖全球客户。
FCFS vs U — 直观对比
营收规模更大
U
是对方的1.0倍
$501.3M
营收增速更快
FCFS
高出4.2%
17.0%
净利率更高
FCFS
高出89.0%
-68.3%
两年增速更快
FCFS
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $508.2M |
| 净利润 | $104.2M | $-346.9M |
| 毛利率 | — | 30.8% |
| 营业利润率 | 28.5% | 0.0% |
| 净利率 | 20.8% | -68.3% |
| 营收同比 | 21.2% | 17.0% |
| 净利润同比 | 24.7% | — |
| 每股收益（稀释后） | $2.35 | $-0.80 |
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FCFSU
| Q1 26 | — | $508.2M | ||
| Q4 25 | $501.3M | $503.1M | ||
| Q3 25 | $411.0M | $470.6M | ||
| Q2 25 | $385.1M | $440.9M | ||
| Q1 25 | $371.1M | $435.0M | ||
| Q4 24 | $413.7M | $457.1M | ||
| Q3 24 | $363.1M | $446.5M | ||
| Q2 24 | $363.5M | $449.3M |
净利润FCFSU
| Q1 26 | — | $-346.9M | ||
| Q4 25 | $104.2M | $-90.0M | ||
| Q3 25 | $82.8M | $-126.4M | ||
| Q2 25 | $59.8M | $-108.8M | ||
| Q1 25 | $83.6M | $-77.6M | ||
| Q4 24 | $83.5M | $-122.7M | ||
| Q3 24 | $64.8M | $-124.7M | ||
| Q2 24 | $49.1M | $-125.6M |
毛利率FCFSU
| Q1 26 | — | 30.8% | ||
| Q4 25 | — | 74.3% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 74.1% | ||
| Q1 25 | — | 73.8% | ||
| Q4 24 | — | 74.7% | ||
| Q3 24 | — | 74.9% | ||
| Q2 24 | — | 75.8% |
营业利润率FCFSU
| Q1 26 | — | 0.0% | ||
| Q4 25 | 28.5% | -21.2% | ||
| Q3 25 | 27.4% | -26.7% | ||
| Q2 25 | 21.1% | -26.9% | ||
| Q1 25 | 30.0% | -29.4% | ||
| Q4 24 | 26.5% | -27.1% | ||
| Q3 24 | 23.5% | -28.5% | ||
| Q2 24 | 18.2% | -28.8% |
净利率FCFSU
| Q1 26 | — | -68.3% | ||
| Q4 25 | 20.8% | -17.9% | ||
| Q3 25 | 20.1% | -26.9% | ||
| Q2 25 | 15.5% | -24.7% | ||
| Q1 25 | 22.5% | -17.8% | ||
| Q4 24 | 20.2% | -26.8% | ||
| Q3 24 | 17.9% | -27.9% | ||
| Q2 24 | 13.5% | -28.0% |
每股收益（稀释后）FCFSU
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $2.35 | $-0.21 | ||
| Q3 25 | $1.86 | $-0.30 | ||
| Q2 25 | $1.34 | $-0.26 | ||
| Q1 25 | $1.87 | $-0.19 | ||
| Q4 24 | $1.86 | $-0.30 | ||
| Q3 24 | $1.44 | $-0.31 | ||
| Q2 24 | $1.08 | $-0.32 |
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 | $125.2M | $2.1B |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $3.0B |
| 总资产 | $5.3B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资FCFSU
| Q1 26 | — | $2.1B | ||
| Q4 25 | $125.2M | $2.1B | ||
| Q3 25 | $130.2M | $1.9B | ||
| Q2 25 | $101.5M | $1.7B | ||
| Q1 25 | $146.0M | $1.5B | ||
| Q4 24 | $175.1M | $1.5B | ||
| Q3 24 | $106.3M | $1.4B | ||
| Q2 24 | $113.7M | $1.3B |
总债务FCFSU
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — |
股东权益FCFSU
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.3B | $3.2B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $2.1B | $3.2B | ||
| Q1 25 | $2.1B | $3.2B | ||
| Q4 24 | $2.1B | $3.2B | ||
| Q3 24 | $2.0B | $3.2B | ||
| Q2 24 | $2.0B | $3.2B |
总资产FCFSU
| Q1 26 | — | $6.5B | ||
| Q4 25 | $5.3B | $6.8B | ||
| Q3 25 | $5.2B | $6.8B | ||
| Q2 25 | $4.5B | $6.7B | ||
| Q1 25 | $4.4B | $6.6B | ||
| Q4 24 | $4.5B | $6.7B | ||
| Q3 24 | $4.4B | $6.7B | ||
| Q2 24 | $4.3B | $6.7B |
负债/权益比FCFSU
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 0.85× | — |
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 | $206.6M | $71.3M |
| 自由现金流经营现金流 - 资本支出 | — | $66.5M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 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 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | — | $463.1M |
8季度趋势，按日历期对齐
经营现金流FCFSU
| Q1 26 | — | $71.3M | ||
| Q4 25 | $206.6M | $121.4M | ||
| Q3 25 | $135.8M | $155.4M | ||
| Q2 25 | $116.9M | $133.1M | ||
| Q1 25 | $126.6M | $13.0M | ||
| Q4 24 | $198.1M | $112.2M | ||
| Q3 24 | $113.1M | $122.4M | ||
| Q2 24 | $106.2M | $88.4M |
自由现金流FCFSU
| Q1 26 | — | $66.5M | ||
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $151.3M | ||
| Q2 25 | — | $126.7M | ||
| Q1 25 | — | $7.3M | ||
| Q4 24 | — | $105.8M | ||
| Q3 24 | — | $115.2M | ||
| Q2 24 | — | $79.6M |
自由现金流率FCFSU
| Q1 26 | — | 13.1% | ||
| Q4 25 | — | 23.6% | ||
| Q3 25 | — | 32.1% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 17.7% |
资本支出强度FCFSU
| Q1 26 | — | — | ||
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 2.0% |
现金转化率FCFSU
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.95× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | — |
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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
U
| Strategic | $432.4M | 85% |
| Other | $75.8M | 15% |
