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Fluent, Inc.（FLNT）与Ibotta, Inc.（IBTA）财务数据对比。点击上方公司名可切换其他公司
Ibotta, Inc.的季度营收约是Fluent, Inc.的1.4倍（$88.5M vs $61.8M）。Fluent, Inc.同比增速更快（-5.5% vs -10.0%）。过去两年Ibotta, Inc.的营收复合增速更高（3.7% vs -3.2%）
THG Fluently前身为Language Connect，是THG Ingenuity旗下的翻译与语言本地化服务品牌，可为客户提供笔译、口译、本地化、配音、转录以及多语种搜索引擎优化等一系列语言相关服务，满足全球客户不同场景的多元语言需求。
Ibotta, Inc.是总部位于美国科罗拉多州丹佛市的移动科技公司，成立于2011年，目前仅在美国开展业务。公司依托自主开发的Ibotta绩效网络与面向消费者的手机应用，为各类消费提供现金返现奖励，同时与快速消费品品牌及网络发行商合作，还推出了返现即服务业务。
FLNT vs IBTA — 直观对比
营收规模更大
IBTA
是对方的1.4倍
$61.8M
营收增速更快
FLNT
高出4.5%
-10.0%
两年增速更快
IBTA
近两年复合增速
-3.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $61.8M | $88.5M |
| 净利润 | $-4.1M | — |
| 毛利率 | — | 78.7% |
| 营业利润率 | 0.3% | -1.9% |
| 净利率 | -6.7% | — |
| 营收同比 | -5.5% | -10.0% |
| 净利润同比 | -20.1% | — |
| 每股收益（稀释后） | $-0.09 | $-0.03 |
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FLNTIBTA
| Q4 25 | $61.8M | $88.5M | ||
| Q3 25 | $47.0M | $83.3M | ||
| Q2 25 | $44.7M | $86.0M | ||
| Q1 25 | $55.2M | $84.6M | ||
| Q4 24 | $65.4M | $98.4M | ||
| Q3 24 | $64.5M | $98.6M | ||
| Q2 24 | $58.7M | $87.9M | ||
| Q1 24 | $66.0M | $82.3M |
净利润FLNTIBTA
| Q4 25 | $-4.1M | — | ||
| Q3 25 | $-7.6M | $1.5M | ||
| Q2 25 | $-7.2M | $2.5M | ||
| Q1 25 | $-8.3M | $555.0K | ||
| Q4 24 | $-3.4M | — | ||
| Q3 24 | $-7.9M | $17.2M | ||
| Q2 24 | $-11.6M | $-34.0M | ||
| Q1 24 | $-6.3M | $9.3M |
毛利率FLNTIBTA
| Q4 25 | — | 78.7% | ||
| Q3 25 | — | 79.4% | ||
| Q2 25 | — | 79.2% | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | 84.6% | ||
| Q3 24 | — | 87.7% | ||
| Q2 24 | — | 86.0% | ||
| Q1 24 | — | 87.2% |
营业利润率FLNTIBTA
| Q4 25 | 0.3% | -1.9% | ||
| Q3 25 | -13.4% | 2.8% | ||
| Q2 25 | -15.9% | 1.4% | ||
| Q1 25 | -12.8% | -3.3% | ||
| Q4 24 | -8.3% | 13.2% | ||
| Q3 24 | -6.0% | 21.0% | ||
| Q2 24 | -17.7% | -24.6% | ||
| Q1 24 | -6.0% | 19.3% |
净利率FLNTIBTA
| Q4 25 | -6.7% | — | ||
| Q3 25 | -16.1% | 1.8% | ||
| Q2 25 | -16.2% | 2.9% | ||
| Q1 25 | -15.0% | 0.7% | ||
| Q4 24 | -5.2% | — | ||
| Q3 24 | -12.3% | 17.5% | ||
| Q2 24 | -19.8% | -38.6% | ||
| Q1 24 | -9.5% | 11.3% |
每股收益（稀释后）FLNTIBTA
| Q4 25 | $-0.09 | $-0.03 | ||
| Q3 25 | $-0.27 | $0.05 | ||
| Q2 25 | $-0.30 | $0.08 | ||
| Q1 25 | $-0.39 | $0.02 | ||
| Q4 24 | $-0.12 | $3.04 | ||
| Q3 24 | $-0.48 | $0.51 | ||
| Q2 24 | $-0.75 | $-1.32 | ||
| Q1 24 | $-0.45 | $0.33 |
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 | $12.9M | $186.6M |
| 总债务越低越好 | $34.6M | $0 |
| 股东权益账面价值 | $18.2M | $287.7M |
| 总资产 | $89.1M | $525.9M |
| 负债/权益比越低杠杆越低 | 1.90× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资FLNTIBTA
| Q4 25 | $12.9M | $186.6M | ||
| Q3 25 | $9.2M | $223.3M | ||
| Q2 25 | $4.9M | $250.5M | ||
| Q1 25 | $4.8M | $297.1M | ||
| Q4 24 | $9.4M | $349.3M | ||
| Q3 24 | $6.6M | $341.3M | ||
| Q2 24 | $5.0M | $317.9M | ||
| Q1 24 | $11.7M | $79.5M |
总债务FLNTIBTA
| Q4 25 | $34.6M | $0 | ||
| Q3 25 | $26.0M | — | ||
| Q2 25 | $23.2M | — | ||
| Q1 25 | $25.6M | — | ||
| Q4 24 | $35.6M | $0 | ||
| Q3 24 | $37.9M | $0 | ||
| Q2 24 | $33.3M | $0 | ||
| Q1 24 | $31.0M | $65.3M |
股东权益FLNTIBTA
| Q4 25 | $18.2M | $287.7M | ||
| Q3 25 | $21.6M | $329.6M | ||
| Q2 25 | $19.1M | $354.1M | ||
| Q1 25 | $22.0M | $401.3M | ||
| Q4 24 | $25.0M | $457.3M | ||
| Q3 24 | $20.0M | $378.0M | ||
| Q2 24 | $27.5M | $359.7M | ||
| Q1 24 | $28.7M | $44.1M |
总资产FLNTIBTA
| Q4 25 | $89.1M | $525.9M | ||
| Q3 25 | $76.1M | $569.4M | ||
| Q2 25 | $74.5M | $600.8M | ||
| Q1 25 | $77.5M | $639.3M | ||
| Q4 24 | $93.6M | $678.4M | ||
| Q3 24 | $77.5M | $598.3M | ||
| Q2 24 | $98.5M | $556.0M | ||
| Q1 24 | $103.6M | $322.1M |
负债/权益比FLNTIBTA
| Q4 25 | 1.90× | 0.00× | ||
| Q3 25 | 1.21× | — | ||
| Q2 25 | 1.21× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.43× | 0.00× | ||
| Q3 24 | 1.90× | 0.00× | ||
| Q2 24 | 1.21× | 0.00× | ||
| Q1 24 | 1.08× | 1.48× |
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 | $2.8M | $27.8M |
| 自由现金流经营现金流 - 资本支出 | — | $20.3M |
| 自由现金流率自由现金流/营收 | — | 22.9% |
| 资本支出强度资本支出/营收 | — | 8.5% |
| 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 | — | $75.0M |
8季度趋势，按日历期对齐
经营现金流FLNTIBTA
| Q4 25 | $2.8M | $27.8M | ||
| Q3 25 | $-7.3M | $21.8M | ||
| Q2 25 | $935.0K | $25.9M | ||
| Q1 25 | $2.1M | $19.9M | ||
| Q4 24 | $-2.1M | $22.0M | ||
| Q3 24 | $1.2M | $39.5M | ||
| Q2 24 | $-13.1M | $35.0M | ||
| Q1 24 | $-132.0K | $19.4M |
自由现金流FLNTIBTA
| Q4 25 | — | $20.3M | ||
| Q3 25 | $-7.3M | $14.5M | ||
| Q2 25 | — | $22.2M | ||
| Q1 25 | — | $18.0M | ||
| Q4 24 | — | $21.8M | ||
| Q3 24 | $1.2M | $39.2M | ||
| Q2 24 | — | $34.8M | ||
| Q1 24 | — | $19.2M |
自由现金流率FLNTIBTA
| Q4 25 | — | 22.9% | ||
| Q3 25 | -15.6% | 17.4% | ||
| Q2 25 | — | 25.8% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | 1.9% | 39.8% | ||
| Q2 24 | — | 39.6% | ||
| Q1 24 | — | 23.3% |
资本支出强度FLNTIBTA
| Q4 25 | — | 8.5% | ||
| Q3 25 | 0.0% | 8.7% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 0.0% | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
现金转化率FLNTIBTA
| Q4 25 | — | — | ||
| Q3 25 | — | 14.19× | ||
| Q2 25 | — | 10.38× | ||
| Q1 25 | — | 35.78× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.29× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.08× |
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
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
IBTA
| Redemption Revenue | $78.5M | 89% |
| Ad Other Revenue | $10.0M | 11% |
| Breakage | $2.1M | 2% |
