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Fathom Holdings Inc.（FTHM）与MP Materials Corp.（MP）财务数据对比。点击上方公司名可切换其他公司
MP Materials Corp.的季度营收约是Fathom Holdings Inc.的1.0倍（$90.6M vs $90.6M），Fathom Holdings Inc.净利率更高（-7.4% vs -8.8%，领先1.4%），MP Materials Corp.同比增速更快（49.1% vs -1.2%），过去两年MP Materials Corp.的营收复合增速更高（70.3% vs 13.4%）
Fathom Holdings Inc.是一家总部位于美国的房地产科技与服务企业，为房产经纪人、经纪机构和消费者提供数字交易管理、按揭服务、产权保险、住宅经纪等一站式解决方案，业务覆盖美国大部分区域市场。
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
FTHM vs MP — 直观对比
营收规模更大
MP
是对方的1.0倍
$90.6M
营收增速更快
MP
高出50.3%
-1.2%
净利率更高
FTHM
高出1.4%
-8.8%
两年增速更快
MP
近两年复合增速
13.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.6M | $90.6M |
| 净利润 | $-6.7M | $-8.0M |
| 毛利率 | — | — |
| 营业利润率 | -5.2% | — |
| 净利率 | -7.4% | -8.8% |
| 营收同比 | -1.2% | 49.1% |
| 净利润同比 | -7.7% | 64.8% |
| 每股收益（稀释后） | $-0.20 | $-0.04 |
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FTHMMP
| Q1 26 | — | $90.6M | ||
| Q4 25 | $90.6M | $52.7M | ||
| Q3 25 | $115.3M | $53.6M | ||
| Q2 25 | $121.4M | $57.4M | ||
| Q1 25 | $93.1M | $60.8M | ||
| Q4 24 | $91.7M | $61.0M | ||
| Q3 24 | $83.7M | $62.9M | ||
| Q2 24 | $89.2M | $31.3M |
净利润FTHMMP
| Q1 26 | — | $-8.0M | ||
| Q4 25 | $-6.7M | $9.4M | ||
| Q3 25 | $-4.4M | $-41.8M | ||
| Q2 25 | $-3.6M | $-30.9M | ||
| Q1 25 | $-5.6M | $-22.6M | ||
| Q4 24 | $-6.2M | $-22.3M | ||
| Q3 24 | $-8.1M | $-25.5M | ||
| Q2 24 | $-1.3M | $-34.1M |
营业利润率FTHMMP
| Q1 26 | — | — | ||
| Q4 25 | -5.2% | -7.0% | ||
| Q3 25 | -3.5% | -125.2% | ||
| Q2 25 | -2.0% | -76.5% | ||
| Q1 25 | -4.8% | -57.2% | ||
| Q4 24 | -7.0% | -72.1% | ||
| Q3 24 | -9.3% | -62.8% | ||
| Q2 24 | -4.1% | -171.1% |
净利率FTHMMP
| Q1 26 | — | -8.8% | ||
| Q4 25 | -7.4% | 17.9% | ||
| Q3 25 | -3.8% | -78.0% | ||
| Q2 25 | -3.0% | -53.8% | ||
| Q1 25 | -6.1% | -37.2% | ||
| Q4 24 | -6.8% | -36.6% | ||
| Q3 24 | -9.7% | -40.5% | ||
| Q2 24 | -1.5% | -108.9% |
每股收益（稀释后）FTHMMP
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $-0.20 | $0.07 | ||
| Q3 25 | $-0.15 | $-0.24 | ||
| Q2 25 | $-0.13 | $-0.19 | ||
| Q1 25 | $-0.24 | $-0.14 | ||
| Q4 24 | $-0.29 | $-0.12 | ||
| Q3 24 | $-0.40 | $-0.16 | ||
| Q2 24 | $-0.07 | $-0.21 |
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 | $5.8M | $1.7B |
| 总债务越低越好 | $5.6M | $1.0B |
| 股东权益账面价值 | $37.4M | $2.0B |
| 总资产 | $78.0M | $3.8B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资FTHMMP
| Q1 26 | — | $1.7B | ||
| Q4 25 | $5.8M | $1.2B | ||
| Q3 25 | $9.8M | $1.1B | ||
| Q2 25 | $4.9M | $261.5M | ||
| Q1 25 | $8.0M | $198.3M | ||
| Q4 24 | $7.1M | $282.4M | ||
| Q3 24 | $13.1M | $284.4M | ||
| Q2 24 | $10.4M | $295.6M |
总债务FTHMMP
| Q1 26 | — | $1.0B | ||
| Q4 25 | $5.6M | $998.7M | ||
| Q3 25 | $5.1M | $997.3M | ||
| Q2 25 | $5.1M | $910.8M | ||
| Q1 25 | $5.1M | $909.8M | ||
| Q4 24 | $9.5M | $908.7M | ||
| Q3 24 | $8.8M | — | ||
| Q2 24 | $3.6M | — |
股东权益FTHMMP
| Q1 26 | — | $2.0B | ||
| Q4 25 | $37.4M | $2.0B | ||
| Q3 25 | $43.4M | $2.0B | ||
| Q2 25 | $40.7M | $1.0B | ||
| Q1 25 | $43.4M | $1.0B | ||
| Q4 24 | $44.7M | $1.1B | ||
| Q3 24 | $47.1M | $1.1B | ||
| Q2 24 | $53.1M | $1.1B |
总资产FTHMMP
| Q1 26 | — | $3.8B | ||
| Q4 25 | $78.0M | $3.9B | ||
| Q3 25 | $83.2M | $3.8B | ||
| Q2 25 | $80.4M | $2.3B | ||
| Q1 25 | $81.0M | $2.4B | ||
| Q4 24 | $75.4M | $2.3B | ||
| Q3 24 | $80.9M | $2.3B | ||
| Q2 24 | $80.2M | $2.4B |
负债/权益比FTHMMP
| Q1 26 | — | 0.51× | ||
| Q4 25 | 0.15× | 0.50× | ||
| Q3 25 | 0.12× | 0.51× | ||
| Q2 25 | 0.12× | 0.90× | ||
| Q1 25 | 0.12× | 0.88× | ||
| Q4 24 | 0.21× | 0.86× | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 0.07× | — |
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 | $-20.5M | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | $-20.7M | — |
| 自由现金流率自由现金流/营收 | -22.8% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 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 | $-29.4M | — |
8季度趋势，按日历期对齐
经营现金流FTHMMP
| Q1 26 | — | $-1.9M | ||
| Q4 25 | $-20.5M | $-46.9M | ||
| Q3 25 | $3.0M | $-42.0M | ||
| Q2 25 | $-5.9M | $-3.7M | ||
| Q1 25 | $-5.7M | $-63.2M | ||
| Q4 24 | $-4.7M | $30.5M | ||
| Q3 24 | $-330.0K | $-6.8M | ||
| Q2 24 | $-3.1M | $30.8M |
自由现金流FTHMMP
| Q1 26 | — | — | ||
| Q4 25 | $-20.7M | $-109.3M | ||
| Q3 25 | $3.0M | $-92.5M | ||
| Q2 25 | $-6.0M | $-32.7M | ||
| Q1 25 | $-5.8M | $-93.7M | ||
| Q4 24 | $-4.7M | $-11.2M | ||
| Q3 24 | $-364.0K | $-53.3M | ||
| Q2 24 | $-3.1M | $-15.6M |
自由现金流率FTHMMP
| Q1 26 | — | — | ||
| Q4 25 | -22.8% | -207.4% | ||
| Q3 25 | 2.6% | -172.8% | ||
| Q2 25 | -4.9% | -56.9% | ||
| Q1 25 | -6.2% | -154.0% | ||
| Q4 24 | -5.2% | -18.3% | ||
| Q3 24 | -0.4% | -84.7% | ||
| Q2 24 | -3.5% | -50.1% |
资本支出强度FTHMMP
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 118.5% | ||
| Q3 25 | 0.0% | 94.3% | ||
| Q2 25 | 0.0% | 50.5% | ||
| Q1 25 | 0.0% | 50.1% | ||
| Q4 24 | 0.1% | 68.3% | ||
| Q3 24 | 0.0% | 73.8% | ||
| Q2 24 | 0.0% | 148.7% |
现金转化率FTHMMP
| Q1 26 | — | — | ||
| Q4 25 | — | -4.97× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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
FTHM
| Real Estate Brokerage | $84.9M | 94% |
| Mortgage Segment | $3.4M | 4% |
| Other | $2.3M | 3% |
MP
| Materials Segment | $72.2M | 80% |
| Magnetics Segment | $21.1M | 23% |
