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飞汇（FLYW）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
LiveRamp Holdings, Inc.的季度营收约是飞汇的1.3倍（$212.2M vs $157.5M），LiveRamp Holdings, Inc.净利率更高（18.8% vs 0.0%，领先18.8%），飞汇同比增速更快（34.0% vs 8.6%），过去两年飞汇的营收复合增速更高（17.5% vs 11.1%）
Flywire Corp（飞汇）是一家全球支付解决方案提供商，核心服务覆盖教育、医疗、旅游及B2B商务领域，提供安全跨境支付处理、货币兑换及支付流程优化工具，为全球多国的机构与付款人简化交易流程。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
FLYW vs RAMP — 直观对比
营收规模更大
RAMP
是对方的1.3倍
$157.5M
营收增速更快
FLYW
高出25.4%
8.6%
净利率更高
RAMP
高出18.8%
0.0%
两年增速更快
FLYW
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $157.5M | $212.2M |
| 净利润 | $33.0K | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | -0.6% | 18.6% |
| 净利率 | 0.0% | 18.8% |
| 营收同比 | 34.0% | 8.6% |
| 净利润同比 | 100.2% | 255.7% |
| 每股收益（稀释后） | $0.01 | $0.62 |
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FLYWRAMP
| Q4 25 | $157.5M | $212.2M | ||
| Q3 25 | $200.1M | $199.8M | ||
| Q2 25 | $131.9M | $194.8M | ||
| Q1 25 | $133.5M | $188.7M | ||
| Q4 24 | $117.5M | $195.4M | ||
| Q3 24 | $156.8M | $185.5M | ||
| Q2 24 | $103.7M | $176.0M | ||
| Q1 24 | $114.1M | $171.9M |
净利润FLYWRAMP
| Q4 25 | $33.0K | $39.9M | ||
| Q3 25 | $29.6M | $27.4M | ||
| Q2 25 | $-12.0M | $7.7M | ||
| Q1 25 | $-4.2M | $-6.3M | ||
| Q4 24 | $-15.9M | $11.2M | ||
| Q3 24 | $38.9M | $1.7M | ||
| Q2 24 | $-13.9M | $-7.5M | ||
| Q1 24 | $-6.2M | $-5.4M |
毛利率FLYWRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率FLYWRAMP
| Q4 25 | -0.6% | 18.6% | ||
| Q3 25 | 16.1% | 10.7% | ||
| Q2 25 | -6.8% | 3.7% | ||
| Q1 25 | -8.2% | -6.1% | ||
| Q4 24 | -4.9% | 7.5% | ||
| Q3 24 | 12.9% | 4.0% | ||
| Q2 24 | -15.2% | -3.0% | ||
| Q1 24 | -5.2% | -8.3% |
净利率FLYWRAMP
| Q4 25 | 0.0% | 18.8% | ||
| Q3 25 | 14.8% | 13.7% | ||
| Q2 25 | -9.1% | 4.0% | ||
| Q1 25 | -3.1% | -3.3% | ||
| Q4 24 | -13.5% | 5.7% | ||
| Q3 24 | 24.8% | 0.9% | ||
| Q2 24 | -13.4% | -4.3% | ||
| Q1 24 | -5.4% | -3.1% |
每股收益（稀释后）FLYWRAMP
| Q4 25 | $0.01 | $0.62 | ||
| Q3 25 | $0.23 | $0.42 | ||
| Q2 25 | $-0.10 | $0.12 | ||
| Q1 25 | $-0.03 | $-0.10 | ||
| Q4 24 | $-0.12 | $0.17 | ||
| Q3 24 | $0.30 | $0.03 | ||
| Q2 24 | $-0.11 | $-0.11 | ||
| Q1 24 | $-0.05 | $-0.09 |
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 | $355.0M | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $835.2M | $962.3M |
| 总资产 | $1.3B | $1.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FLYWRAMP
| Q4 25 | $355.0M | $403.4M | ||
| Q3 25 | $377.3M | $376.9M | ||
| Q2 25 | $274.2M | $371.1M | ||
| Q1 25 | $255.3M | $420.8M | ||
| Q4 24 | $611.1M | $384.3M | ||
| Q3 24 | $681.1M | $348.4M | ||
| Q2 24 | $571.0M | $342.7M | ||
| Q1 24 | $619.0M | $368.9M |
总债务FLYWRAMP
| Q4 25 | — | — | ||
| Q3 25 | $15.0M | — | ||
| Q2 25 | $60.0M | — | ||
| Q1 25 | $60.0M | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FLYWRAMP
| Q4 25 | $835.2M | $962.3M | ||
| Q3 25 | $829.1M | $943.8M | ||
| Q2 25 | $792.4M | $947.8M | ||
| Q1 25 | $784.3M | $948.9M | ||
| Q4 24 | $814.8M | $957.7M | ||
| Q3 24 | $843.2M | $932.1M | ||
| Q2 24 | $802.6M | $951.9M | ||
| Q1 24 | $-797.0M | $949.1M |
总资产FLYWRAMP
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $998.7M | $1.2B | ||
| Q1 24 | $998.7M | $1.2B |
负债/权益比FLYWRAMP
| Q4 25 | — | — | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.08× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $4.9M | — |
| 自由现金流经营现金流 - 资本支出 | $4.5M | — |
| 自由现金流率自由现金流/营收 | 2.9% | — |
| 资本支出强度资本支出/营收 | 0.2% | 0.1% |
| 现金转化率经营现金流/净利润 | 148.06× | — |
| 过去12个月自由现金流最近4个季度 | $98.8M | — |
8季度趋势，按日历期对齐
经营现金流FLYWRAMP
| Q4 25 | $4.9M | — | ||
| Q3 25 | $150.1M | $57.4M | ||
| Q2 25 | $24.1M | $-15.8M | ||
| Q1 25 | $-78.9M | — | ||
| Q4 24 | $-28.6M | $45.1M | ||
| Q3 24 | $184.6M | $55.6M | ||
| Q2 24 | $-19.3M | $-9.3M | ||
| Q1 24 | $-38.1M | — |
自由现金流FLYWRAMP
| Q4 25 | $4.5M | — | ||
| Q3 25 | $149.9M | $56.8M | ||
| Q2 25 | $23.5M | $-16.2M | ||
| Q1 25 | $-79.1M | — | ||
| Q4 24 | $-28.7M | $44.8M | ||
| Q3 24 | $184.4M | $55.4M | ||
| Q2 24 | $-19.7M | $-9.6M | ||
| Q1 24 | $-38.3M | — |
自由现金流率FLYWRAMP
| Q4 25 | 2.9% | — | ||
| Q3 25 | 74.9% | 28.4% | ||
| Q2 25 | 17.8% | -8.3% | ||
| Q1 25 | -59.3% | — | ||
| Q4 24 | -24.4% | 22.9% | ||
| Q3 24 | 117.6% | 29.8% | ||
| Q2 24 | -19.0% | -5.4% | ||
| Q1 24 | -33.6% | — |
资本支出强度FLYWRAMP
| Q4 25 | 0.2% | 0.1% | ||
| Q3 25 | 0.1% | 0.3% | ||
| Q2 25 | 0.4% | 0.2% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | 0.1% | 0.1% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.3% | 0.1% | ||
| Q1 24 | 0.2% | 1.0% |
现金转化率FLYWRAMP
| Q4 25 | 148.06× | — | ||
| Q3 25 | 5.07× | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | 4.75× | 32.10× | ||
| 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
FLYW
| Transactions | $126.4M | 80% |
| Platform And Other Revenues | $31.1M | 20% |
RAMP
暂无分部数据
