vs
Figma, Inc.（FIG）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Figma, Inc.的季度营收约是Forestar Group Inc.的1.0倍（$274.2M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs -400.1%，领先405.8%），Figma, Inc.同比增速更快（38.0% vs 9.0%），Figma, Inc.自由现金流更多（$49.5M vs $-157.1M）
Figma是主打界面设计的协作式网页应用，同时适配macOS与Windows桌面端，支持离线使用。产品聚焦UI/UX设计场景，内置矢量图形编辑、原型制作工具，主打多人实时协作，安卓及iOS移动端应用可支持用户在手机、平板上随时查看并交互预览设计原型。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
FIG vs FOR — 直观对比
营收规模更大
FIG
是对方的1.0倍
$273.0M
营收增速更快
FIG
高出29.0%
9.0%
净利率更高
FOR
高出405.8%
-400.1%
自由现金流更多
FIG
多$206.6M
$-157.1M
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $274.2M | $273.0M |
| 净利润 | $-1.1B | $15.4M |
| 毛利率 | 69.4% | 20.1% |
| 营业利润率 | -414.6% | 7.6% |
| 净利率 | -400.1% | 5.6% |
| 营收同比 | 38.0% | 9.0% |
| 净利润同比 | -6933.0% | -6.7% |
| 每股收益（稀释后） | $-2.72 | $0.30 |
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FIGFOR
| Q4 25 | — | $273.0M | ||
| Q3 25 | $274.2M | $670.5M | ||
| Q2 25 | $249.6M | $390.5M | ||
| Q1 25 | — | $351.0M | ||
| Q4 24 | — | $250.4M | ||
| Q3 24 | $198.6M | $551.3M | ||
| Q2 24 | $177.2M | $318.4M | ||
| Q1 24 | — | $333.8M |
净利润FIGFOR
| Q4 25 | — | $15.4M | ||
| Q3 25 | $-1.1B | $86.9M | ||
| Q2 25 | $28.2M | $32.9M | ||
| Q1 25 | — | $31.6M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | $-15.6M | $81.5M | ||
| Q2 24 | $-827.9M | $38.7M | ||
| Q1 24 | — | $45.0M |
毛利率FIGFOR
| Q4 25 | — | 20.1% | ||
| Q3 25 | 69.4% | 22.3% | ||
| Q2 25 | 88.8% | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | 90.6% | 23.9% | ||
| Q2 24 | 77.7% | 22.5% | ||
| Q1 24 | — | 24.9% |
营业利润率FIGFOR
| Q4 25 | — | 7.6% | ||
| Q3 25 | -414.6% | 16.9% | ||
| Q2 25 | 0.8% | 11.2% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | -23.8% | 19.7% | ||
| Q2 24 | -504.7% | 16.2% | ||
| Q1 24 | — | 17.6% |
净利率FIGFOR
| Q4 25 | — | 5.6% | ||
| Q3 25 | -400.1% | 13.0% | ||
| Q2 25 | 11.3% | 8.4% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | -7.9% | 14.8% | ||
| Q2 24 | -467.2% | 12.2% | ||
| Q1 24 | — | 13.5% |
每股收益（稀释后）FIGFOR
| Q4 25 | — | $0.30 | ||
| Q3 25 | $-2.72 | $1.70 | ||
| Q2 25 | $0.00 | $0.65 | ||
| Q1 25 | — | $0.62 | ||
| Q4 24 | — | $0.32 | ||
| Q3 24 | $-0.07 | $1.59 | ||
| Q2 24 | $-4.39 | $0.76 | ||
| Q1 24 | — | $0.89 |
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 | $1.6B | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $1.4B | $1.8B |
| 总资产 | $2.1B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资FIGFOR
| Q4 25 | — | $211.7M | ||
| Q3 25 | $1.6B | $379.2M | ||
| Q2 25 | $1.6B | $189.2M | ||
| Q1 25 | — | $174.3M | ||
| Q4 24 | — | $132.0M | ||
| Q3 24 | $416.1M | $481.2M | ||
| Q2 24 | $586.1M | $359.2M | ||
| Q1 24 | — | $416.2M |
总债务FIGFOR
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
股东权益FIGFOR
| Q4 25 | — | $1.8B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $862.4M | $1.5B | ||
| Q1 24 | — | $1.5B |
总资产FIGFOR
| Q4 25 | — | $3.2B | ||
| Q3 25 | $2.1B | $3.1B | ||
| Q2 25 | $2.0B | $3.1B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.6B |
负债/权益比FIGFOR
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $51.2M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $49.5M | $-157.1M |
| 自由现金流率自由现金流/营收 | 18.0% | -57.5% |
| 资本支出强度资本支出/营收 | 0.6% | 0.0% |
| 现金转化率经营现金流/净利润 | — | -10.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.0M |
8季度趋势，按日历期对齐
经营现金流FIGFOR
| Q4 25 | — | $-157.0M | ||
| Q3 25 | $51.2M | $256.3M | ||
| Q2 25 | — | $15.8M | ||
| Q1 25 | — | $-19.8M | ||
| Q4 24 | — | $-450.0M | ||
| Q3 24 | — | $119.2M | ||
| Q2 24 | — | $-61.7M | ||
| Q1 24 | — | $-59.2M |
自由现金流FIGFOR
| Q4 25 | — | $-157.1M | ||
| Q3 25 | $49.5M | $255.6M | ||
| Q2 25 | — | $15.0M | ||
| Q1 25 | — | $-20.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $-62.3M | ||
| Q1 24 | — | $-59.8M |
自由现金流率FIGFOR
| Q4 25 | — | -57.5% | ||
| Q3 25 | 18.0% | 38.1% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | -19.6% | ||
| Q1 24 | — | -17.9% |
资本支出强度FIGFOR
| Q4 25 | — | 0.0% | ||
| Q3 25 | 0.6% | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
现金转化率FIGFOR
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | — | -1.59× | ||
| Q1 24 | — | -1.32× |
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
FIG
| Non Us | $147.4M | 54% |
| US | $126.8M | 46% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
