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Getty图片控股（GETY）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是Getty图片控股的1.3倍（$362.7M vs $282.3M），世纪互联净利率更高（-10.7% vs -32.2%，领先21.5%），Getty图片控股自由现金流更多（$7.7M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 12.7%）
盖蒂图片控股是全球知名的视觉素材服务商，面向创意从业者、媒体机构与企业客户，提供正版商用图库、编辑类摄影、视频及音乐素材，旗下素材库规模超过4.77亿件，是全球视觉内容行业的龙头供应商之一。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
GETY vs VNET — 直观对比
营收规模更大
VNET
是对方的1.3倍
$282.3M
净利率更高
VNET
高出21.5%
-32.2%
自由现金流更多
GETY
多$200.8M
$-193.1M
两年增速更快
VNET
近两年复合增速
12.7%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $282.3M | $362.7M |
| 净利润 | $-90.9M | $-38.7M |
| 毛利率 | 74.8% | 20.9% |
| 营业利润率 | -8.5% | 0.5% |
| 净利率 | -32.2% | -10.7% |
| 营收同比 | 14.1% | — |
| 净利润同比 | -467.6% | — |
| 每股收益（稀释后） | $-0.22 | — |
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GETYVNET
| Q4 25 | $282.3M | — | ||
| Q3 25 | $240.0M | $362.7M | ||
| Q2 25 | $234.9M | — | ||
| Q1 25 | $224.1M | $309.5M | ||
| Q4 24 | $247.3M | — | ||
| Q3 24 | $240.5M | $302.2M | ||
| Q2 24 | $229.1M | $274.4M | ||
| Q1 24 | $222.3M | $262.9M |
净利润GETYVNET
| Q4 25 | $-90.9M | — | ||
| Q3 25 | $21.6M | $-38.7M | ||
| Q2 25 | $-34.4M | — | ||
| Q1 25 | $-102.6M | $-2.4M | ||
| Q4 24 | $24.7M | — | ||
| Q3 24 | $-2.5M | $-2.1M | ||
| Q2 24 | $3.7M | $-1.1M | ||
| Q1 24 | $13.6M | $-22.0M |
毛利率GETYVNET
| Q4 25 | 74.8% | — | ||
| Q3 25 | 73.2% | 20.9% | ||
| Q2 25 | 72.1% | — | ||
| Q1 25 | 73.1% | 25.2% | ||
| Q4 24 | 73.5% | — | ||
| Q3 24 | 73.4% | 23.2% | ||
| Q2 24 | 72.5% | 21.3% | ||
| Q1 24 | 72.9% | 21.6% |
营业利润率GETYVNET
| Q4 25 | -8.5% | — | ||
| Q3 25 | 18.8% | 0.5% | ||
| Q2 25 | 15.1% | — | ||
| Q1 25 | 12.2% | 0.1% | ||
| Q4 24 | 14.5% | — | ||
| Q3 24 | 23.9% | 24.5% | ||
| Q2 24 | 20.3% | 0.2% | ||
| Q1 24 | 18.5% | 0.2% |
净利率GETYVNET
| Q4 25 | -32.2% | — | ||
| Q3 25 | 9.0% | -10.7% | ||
| Q2 25 | -14.6% | — | ||
| Q1 25 | -45.8% | -0.8% | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | -1.1% | -0.7% | ||
| Q2 24 | 1.6% | -0.4% | ||
| Q1 24 | 6.1% | -8.4% |
每股收益（稀释后）GETYVNET
| Q4 25 | $-0.22 | — | ||
| Q3 25 | $0.05 | — | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.25 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $-0.01 | — | ||
| Q2 24 | $0.01 | — | ||
| Q1 24 | $0.03 | — |
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 | $90.2M | $492.1M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $552.5M | $890.8M |
| 总资产 | $3.2B | $6.1B |
| 负债/权益比越低杠杆越低 | 2.30× | — |
8季度趋势，按日历期对齐
现金及短期投资GETYVNET
| Q4 25 | $90.2M | — | ||
| Q3 25 | $109.5M | $492.1M | ||
| Q2 25 | $110.3M | — | ||
| Q1 25 | $114.6M | $544.3M | ||
| Q4 24 | $121.2M | — | ||
| Q3 24 | $109.9M | $219.5M | ||
| Q2 24 | $121.7M | $247.2M | ||
| Q1 24 | $134.2M | $246.9M |
总债务GETYVNET
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.4B | — |
股东权益GETYVNET
| Q4 25 | $552.5M | — | ||
| Q3 25 | $634.6M | $890.8M | ||
| Q2 25 | $611.2M | — | ||
| Q1 25 | $593.0M | $927.8M | ||
| Q4 24 | $670.2M | — | ||
| Q3 24 | $683.4M | $902.9M | ||
| Q2 24 | $654.0M | $900.6M | ||
| Q1 24 | $640.8M | $895.1M |
总资产GETYVNET
| Q4 25 | $3.2B | — | ||
| Q3 25 | $2.6B | $6.1B | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | $5.4B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | $4.3B | ||
| Q2 24 | $2.6B | $4.0B | ||
| Q1 24 | $2.6B | $3.9B |
负债/权益比GETYVNET
| Q4 25 | 2.30× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | 2.19× | — | ||
| Q1 25 | 2.21× | — | ||
| Q4 24 | 1.96× | — | ||
| Q3 24 | 1.97× | 1.28× | ||
| Q2 24 | 2.06× | — | ||
| Q1 24 | 2.16× | — |
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 | $20.6M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $-193.1M |
| 自由现金流率自由现金流/营收 | 2.7% | -53.2% |
| 资本支出强度资本支出/营收 | 4.6% | 84.6% |
| 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 | $5.7M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流GETYVNET
| Q4 25 | $20.6M | — | ||
| Q3 25 | $22.6M | $113.8M | ||
| Q2 25 | $6.5M | — | ||
| Q1 25 | $15.4M | $27.0M | ||
| Q4 24 | $39.7M | — | ||
| Q3 24 | $10.7M | $108.3M | ||
| Q2 24 | $46.4M | $55.8M | ||
| Q1 24 | $21.5M | $37.1M |
自由现金流GETYVNET
| Q4 25 | $7.7M | — | ||
| Q3 25 | $7.9M | $-193.1M | ||
| Q2 25 | $-9.6M | — | ||
| Q1 25 | $-322.0K | $-220.0M | ||
| Q4 24 | $24.6M | — | ||
| Q3 24 | $-1.8M | $-95.0M | ||
| Q2 24 | $31.1M | $-81.6M | ||
| Q1 24 | $7.1M | $-102.2M |
自由现金流率GETYVNET
| Q4 25 | 2.7% | — | ||
| Q3 25 | 3.3% | -53.2% | ||
| Q2 25 | -4.1% | — | ||
| Q1 25 | -0.1% | -71.1% | ||
| Q4 24 | 9.9% | — | ||
| Q3 24 | -0.8% | -31.4% | ||
| Q2 24 | 13.6% | -29.8% | ||
| Q1 24 | 3.2% | -38.9% |
资本支出强度GETYVNET
| Q4 25 | 4.6% | — | ||
| Q3 25 | 6.1% | 84.6% | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 7.0% | 79.8% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 5.2% | 67.3% | ||
| Q2 24 | 6.7% | 50.1% | ||
| Q1 24 | 6.5% | 53.0% |
现金转化率GETYVNET
| Q4 25 | — | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 12.59× | — | ||
| Q1 24 | 1.58× | — |
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
GETY
| Creative | $149.0M | 53% |
| Editorial | $109.4M | 39% |
| Other | $23.9M | 8% |
VNET
暂无分部数据
