vs
Figma, Inc.（FIG）与MARCUS CORP（MCS）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MARCUS CORP的1.4倍（$274.2M vs $193.5M），Figma, Inc.同比增速更快（38.0% vs 2.8%），Figma, Inc.自由现金流更多（$49.5M vs $26.4M）
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。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
FIG vs MCS — 直观对比
营收规模更大
FIG
是对方的1.4倍
$193.5M
营收增速更快
FIG
高出35.3%
2.8%
自由现金流更多
FIG
多$23.1M
$26.4M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $274.2M | $193.5M |
| 净利润 | $-1.1B | — |
| 毛利率 | 69.4% | — |
| 营业利润率 | -414.6% | 0.9% |
| 净利率 | -400.1% | — |
| 营收同比 | 38.0% | 2.8% |
| 净利润同比 | -6933.0% | — |
| 每股收益（稀释后） | $-2.72 | — |
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FIGMCS
| Q4 25 | — | $193.5M | ||
| Q3 25 | $274.2M | $210.2M | ||
| Q2 25 | $249.6M | $206.0M | ||
| Q1 25 | — | $148.8M | ||
| Q4 24 | — | $188.3M | ||
| Q3 24 | $198.6M | $232.7M | ||
| Q2 24 | $177.2M | $176.0M | ||
| Q1 24 | — | $138.5M |
净利润FIGMCS
| Q4 25 | — | — | ||
| Q3 25 | $-1.1B | $16.2M | ||
| Q2 25 | $28.2M | $7.3M | ||
| Q1 25 | — | $-16.8M | ||
| Q4 24 | — | $986.0K | ||
| Q3 24 | $-15.6M | $23.3M | ||
| Q2 24 | $-827.9M | $-20.2M | ||
| Q1 24 | — | $-11.9M |
毛利率FIGMCS
| Q4 25 | — | — | ||
| Q3 25 | 69.4% | — | ||
| Q2 25 | 88.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 90.6% | — | ||
| Q2 24 | 77.7% | — | ||
| Q1 24 | — | — |
营业利润率FIGMCS
| Q4 25 | — | 0.9% | ||
| Q3 25 | -414.6% | 10.8% | ||
| Q2 25 | 0.8% | 6.3% | ||
| Q1 25 | — | -13.7% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | -23.8% | 14.1% | ||
| Q2 24 | -504.7% | 1.3% | ||
| Q1 24 | — | -12.0% |
净利率FIGMCS
| Q4 25 | — | — | ||
| Q3 25 | -400.1% | 7.7% | ||
| Q2 25 | 11.3% | 3.6% | ||
| Q1 25 | — | -11.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | -7.9% | 10.0% | ||
| Q2 24 | -467.2% | -11.5% | ||
| Q1 24 | — | -8.6% |
每股收益（稀释后）FIGMCS
| Q4 25 | — | — | ||
| Q3 25 | $-2.72 | — | ||
| Q2 25 | $0.00 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $-4.39 | — | ||
| Q1 24 | — | — |
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 | $23.4M |
| 总债务越低越好 | — | $159.0M |
| 股东权益账面价值 | $1.4B | $457.4M |
| 总资产 | $2.1B | $1.0B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资FIGMCS
| Q4 25 | — | $23.4M | ||
| Q3 25 | $1.6B | $7.4M | ||
| Q2 25 | $1.6B | $14.9M | ||
| Q1 25 | — | $11.9M | ||
| Q4 24 | — | $40.8M | ||
| Q3 24 | $416.1M | $28.4M | ||
| Q2 24 | $586.1M | $32.8M | ||
| Q1 24 | — | $17.3M |
总债务FIGMCS
| Q4 25 | — | $159.0M | ||
| Q3 25 | — | $162.0M | ||
| Q2 25 | — | $179.9M | ||
| Q1 25 | — | $198.9M | ||
| Q4 24 | — | $159.1M | ||
| Q3 24 | — | $173.1M | ||
| Q2 24 | — | $175.7M | ||
| Q1 24 | — | $169.8M |
股东权益FIGMCS
| Q4 25 | — | $457.4M | ||
| Q3 25 | $1.4B | $454.3M | ||
| Q2 25 | $1.4B | $448.4M | ||
| Q1 25 | — | $441.8M | ||
| Q4 24 | — | $464.9M | ||
| Q3 24 | $1.2B | $462.3M | ||
| Q2 24 | $862.4M | $449.4M | ||
| Q1 24 | — | $459.3M |
总资产FIGMCS
| Q4 25 | — | $1.0B | ||
| Q3 25 | $2.1B | $1.0B | ||
| Q2 25 | $2.0B | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.0B |
负债/权益比FIGMCS
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.37× |
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 | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $49.5M | $26.4M |
| 自由现金流率自由现金流/营收 | 18.0% | 13.6% |
| 资本支出强度资本支出/营收 | 0.6% | 11.6% |
| 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 | — | $989.0K |
8季度趋势，按日历期对齐
经营现金流FIGMCS
| Q4 25 | — | $48.8M | ||
| Q3 25 | $51.2M | $39.1M | ||
| Q2 25 | — | $31.6M | ||
| Q1 25 | — | $-35.3M | ||
| Q4 24 | — | $52.6M | ||
| Q3 24 | — | $30.5M | ||
| Q2 24 | — | $36.0M | ||
| Q1 24 | — | $-15.1M |
自由现金流FIGMCS
| Q4 25 | — | $26.4M | ||
| Q3 25 | $49.5M | $18.2M | ||
| Q2 25 | — | $14.7M | ||
| Q1 25 | — | $-58.3M | ||
| Q4 24 | — | $27.1M | ||
| Q3 24 | — | $12.0M | ||
| Q2 24 | — | $16.1M | ||
| Q1 24 | — | $-30.5M |
自由现金流率FIGMCS
| Q4 25 | — | 13.6% | ||
| Q3 25 | 18.0% | 8.7% | ||
| Q2 25 | — | 7.1% | ||
| Q1 25 | — | -39.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | -22.0% |
资本支出强度FIGMCS
| Q4 25 | — | 11.6% | ||
| Q3 25 | 0.6% | 9.9% | ||
| Q2 25 | — | 8.2% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 11.1% |
现金转化率FIGMCS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | — | 4.32× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 53.31× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
