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Freedom Holding Corp.（FRHC）与罗宾汉（HOOD）财务数据对比。点击上方公司名可切换其他公司
罗宾汉的季度营收约是Freedom Holding Corp.的2.0倍（$1.3B vs $628.6M）。罗宾汉净利率更高（47.2% vs 12.1%，领先35.0%）。罗宾汉同比增速更快（26.5% vs -4.1%）。过去两年罗宾汉的营收复合增速更高（44.1% vs 16.3%）
Freedom Holding Corp.是在美国内华达州注册的投资集团，业务覆盖零售证券经纪交易、资产管理、资本市场服务、投研咨询、投行承销、抵押贷款、保险、银行及其他消费金融服务，核心布局美股、欧洲及以哈萨克斯坦为核心的中亚市场。
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
FRHC vs HOOD — 直观对比
营收规模更大
HOOD
是对方的2.0倍
$628.6M
营收增速更快
HOOD
高出30.6%
-4.1%
净利率更高
HOOD
高出35.0%
12.1%
两年增速更快
HOOD
近两年复合增速
16.3%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $628.6M | $1.3B |
| 净利润 | $76.2M | $605.0M |
| 毛利率 | 96.0% | — |
| 营业利润率 | 14.9% | 51.5% |
| 净利率 | 12.1% | 47.2% |
| 营收同比 | -4.1% | 26.5% |
| 净利润同比 | -2.6% | -34.0% |
| 每股收益（稀释后） | $1.25 | $0.65 |
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FRHCHOOD
| Q4 25 | $628.6M | $1.3B | ||
| Q3 25 | $526.1M | $1.3B | ||
| Q2 25 | $533.4M | $989.0M | ||
| Q1 25 | $363.7M | $927.0M | ||
| Q4 24 | $655.2M | $1.0B | ||
| Q3 24 | $580.9M | $637.0M | ||
| Q2 24 | $450.7M | $682.0M | ||
| Q1 24 | $464.7M | $618.0M |
净利润FRHCHOOD
| Q4 25 | $76.2M | $605.0M | ||
| Q3 25 | $38.7M | $556.0M | ||
| Q2 25 | $30.4M | $386.0M | ||
| Q1 25 | $-142.7M | $336.0M | ||
| Q4 24 | $78.3M | $916.0M | ||
| Q3 24 | $114.7M | $150.0M | ||
| Q2 24 | $34.4M | $188.0M | ||
| Q1 24 | $95.2M | $157.0M |
毛利率FRHCHOOD
| Q4 25 | 96.0% | — | ||
| Q3 25 | 97.1% | — | ||
| Q2 25 | 97.4% | — | ||
| Q1 25 | 96.6% | — | ||
| Q4 24 | 98.6% | — | ||
| Q3 24 | 99.1% | — | ||
| Q2 24 | 99.0% | — | ||
| Q1 24 | — | — |
营业利润率FRHCHOOD
| Q4 25 | 14.9% | 51.5% | ||
| Q3 25 | 11.5% | 49.8% | ||
| Q2 25 | 7.6% | 44.7% | ||
| Q1 25 | -42.7% | 40.0% | ||
| Q4 24 | 15.0% | 55.0% | ||
| Q3 24 | 22.1% | 24.0% | ||
| Q2 24 | 9.2% | 28.0% | ||
| Q1 24 | 22.5% | 26.2% |
净利率FRHCHOOD
| Q4 25 | 12.1% | 47.2% | ||
| Q3 25 | 7.4% | 43.6% | ||
| Q2 25 | 5.7% | 39.0% | ||
| Q1 25 | -39.2% | 36.2% | ||
| Q4 24 | 11.9% | 90.3% | ||
| Q3 24 | 19.7% | 23.5% | ||
| Q2 24 | 7.6% | 27.6% | ||
| Q1 24 | 20.5% | 25.4% |
每股收益（稀释后）FRHCHOOD
| Q4 25 | $1.25 | $0.65 | ||
| Q3 25 | $0.63 | $0.61 | ||
| Q2 25 | $0.50 | $0.42 | ||
| Q1 25 | $-2.35 | $0.37 | ||
| Q4 24 | $1.29 | $1.00 | ||
| Q3 24 | $1.89 | $0.17 | ||
| Q2 24 | $0.57 | $0.21 | ||
| Q1 24 | $1.60 | $0.18 |
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 | $869.2M | $4.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $9.2B |
| 总资产 | $12.4B | $38.1B |
| 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FRHCHOOD
| Q4 25 | $869.2M | $4.3B | ||
| Q3 25 | $636.0M | $4.3B | ||
| Q2 25 | $567.9M | $4.2B | ||
| Q1 25 | $837.3M | $4.4B | ||
| Q4 24 | $577.9M | $4.3B | ||
| Q3 24 | $569.2M | $4.6B | ||
| Q2 24 | $718.7M | $4.5B | ||
| Q1 24 | $545.1M | $4.7B |
股东权益FRHCHOOD
| Q4 25 | $1.4B | $9.2B | ||
| Q3 25 | $1.2B | $8.6B | ||
| Q2 25 | $1.2B | $8.1B | ||
| Q1 25 | $1.2B | $8.0B | ||
| Q4 24 | $1.3B | $8.0B | ||
| Q3 24 | $1.3B | $7.2B | ||
| Q2 24 | $1.1B | $7.1B | ||
| Q1 24 | $1.2B | $6.9B |
总资产FRHCHOOD
| Q4 25 | $12.4B | $38.1B | ||
| Q3 25 | $10.3B | $41.5B | ||
| Q2 25 | $9.7B | $35.3B | ||
| Q1 25 | $9.9B | $27.5B | ||
| Q4 24 | $9.1B | $26.2B | ||
| Q3 24 | $8.8B | $43.2B | ||
| Q2 24 | $8.5B | $41.3B | ||
| Q1 24 | $8.3B | $46.1B |
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 | $717.8M | $-937.0M |
| 自由现金流经营现金流 - 资本支出 | $651.7M | — |
| 自由现金流率自由现金流/营收 | 103.7% | — |
| 资本支出强度资本支出/营收 | 10.5% | — |
| 现金转化率经营现金流/净利润 | 9.42× | -1.55× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FRHCHOOD
| Q4 25 | $717.8M | $-937.0M | ||
| Q3 25 | $535.3M | $-1.6B | ||
| Q2 25 | $480.8M | $3.5B | ||
| Q1 25 | $1.3B | $642.0M | ||
| Q4 24 | $-72.8M | $-1.4B | ||
| Q3 24 | $-438.0M | $1.8B | ||
| Q2 24 | $854.1M | $54.0M | ||
| Q1 24 | $309.0M | $-623.0M |
自由现金流FRHCHOOD
| Q4 25 | $651.7M | — | ||
| Q3 25 | $456.4M | — | ||
| Q2 25 | $450.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-92.7M | — | ||
| Q3 24 | $-447.5M | — | ||
| Q2 24 | $829.9M | — | ||
| Q1 24 | — | — |
自由现金流率FRHCHOOD
| Q4 25 | 103.7% | — | ||
| Q3 25 | 86.7% | — | ||
| Q2 25 | 84.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -14.1% | — | ||
| Q3 24 | -77.0% | — | ||
| Q2 24 | 184.1% | — | ||
| Q1 24 | — | — |
资本支出强度FRHCHOOD
| Q4 25 | 10.5% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | — | — |
现金转化率FRHCHOOD
| Q4 25 | 9.42× | -1.55× | ||
| Q3 25 | 13.82× | -2.83× | ||
| Q2 25 | 15.82× | 9.09× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | -0.93× | -1.53× | ||
| Q3 24 | -3.82× | 12.08× | ||
| Q2 24 | 24.83× | 0.29× | ||
| Q1 24 | 3.24× | -3.97× |
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
FRHC
暂无分部数据
HOOD
| Other | $365.0M | 28% |
| Options | $314.0M | 24% |
| Cryptocurrencies | $221.0M | 17% |
| Other Transaction Based Revenues | $147.0M | 11% |
| Financial Service Other | $96.0M | 7% |
| Equities | $94.0M | 7% |
| Other Revenue | $35.0M | 3% |
| Proxy Revenues | $11.0M | 1% |
