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Global-E Online Ltd.（GLBE）与Victory Capital Holdings, Inc.（VCTR）财务数据对比。点击上方公司名可切换其他公司
Global-E Online Ltd.的季度营收约是Victory Capital Holdings, Inc.的1.7倍（$625.5M vs $374.1M），Victory Capital Holdings, Inc.净利率更高（30.2% vs 0.9%，领先29.2%）
Global-E Online Ltd.是全球领先的跨境电商赋能平台，为直面消费者品牌及零售企业提供一站式跨境销售解决方案，覆盖本地化支付、清关、物流协调、税费核算等服务，助力客户拓展北美、欧洲及亚太等国际市场。
Victory Capital Holdings是一家总部位于美国得克萨斯州圣安东尼奥的金融服务企业，核心业务为投资管理。除美国本土外，公司在伦敦、中国香港、新加坡三地均配备了专业投资团队，为全球客户提供资产管理相关服务。
GLBE vs VCTR — 直观对比
营收规模更大
GLBE
是对方的1.7倍
$374.1M
净利率更高
VCTR
高出29.2%
0.9%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $625.5M | $374.1M |
| 净利润 | $5.8M | $112.8M |
| 毛利率 | 45.0% | — |
| 营业利润率 | 1.3% | 40.9% |
| 净利率 | 0.9% | 30.2% |
| 营收同比 | — | 61.0% |
| 净利润同比 | — | 46.6% |
| 每股收益（稀释后） | — | $1.33 |
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GLBEVCTR
| Q4 25 | — | $374.1M | ||
| Q3 25 | $625.5M | $361.2M | ||
| Q2 25 | $404.8M | $351.2M | ||
| Q1 25 | $189.9M | $219.6M | ||
| Q4 24 | — | $232.4M | ||
| Q3 24 | $489.9M | $225.6M | ||
| Q2 24 | $313.9M | $219.6M | ||
| Q1 24 | $145.9M | $215.9M |
净利润GLBEVCTR
| Q4 25 | — | $112.8M | ||
| Q3 25 | $5.8M | $96.5M | ||
| Q2 25 | $-7.4M | $58.7M | ||
| Q1 25 | — | $62.0M | ||
| Q4 24 | — | $76.9M | ||
| Q3 24 | $-77.1M | $82.0M | ||
| Q2 24 | $-54.5M | $74.3M | ||
| Q1 24 | — | $55.7M |
毛利率GLBEVCTR
| Q4 25 | — | — | ||
| Q3 25 | 45.0% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 44.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 45.1% | — | ||
| Q2 24 | 44.8% | — | ||
| Q1 24 | 43.4% | — |
营业利润率GLBEVCTR
| Q4 25 | — | 40.9% | ||
| Q3 25 | 1.3% | 38.2% | ||
| Q2 25 | -2.1% | 26.8% | ||
| Q1 25 | -10.1% | 42.3% | ||
| Q4 24 | — | 48.1% | ||
| Q3 24 | -14.9% | 53.3% | ||
| Q2 24 | -16.6% | 50.4% | ||
| Q1 24 | -20.1% | 39.3% |
净利率GLBEVCTR
| Q4 25 | — | 30.2% | ||
| Q3 25 | 0.9% | 26.7% | ||
| Q2 25 | -1.8% | 16.7% | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | — | 33.1% | ||
| Q3 24 | -15.7% | 36.3% | ||
| Q2 24 | -17.4% | 33.8% | ||
| Q1 24 | — | 25.8% |
每股收益（稀释后）GLBEVCTR
| Q4 25 | — | $1.33 | ||
| Q3 25 | — | $1.11 | ||
| Q2 25 | — | $0.68 | ||
| Q1 25 | — | $0.96 | ||
| Q4 24 | — | $1.18 | ||
| Q3 24 | — | $1.24 | ||
| Q2 24 | — | $1.12 | ||
| Q1 24 | — | $0.84 |
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 | $251.4M | $163.7M |
| 总债务越低越好 | — | $970.0M |
| 股东权益账面价值 | $933.0M | $2.4B |
| 总资产 | $1.3B | $4.2B |
| 负债/权益比越低杠杆越低 | — | 0.40× |
8季度趋势，按日历期对齐
现金及短期投资GLBEVCTR
| Q4 25 | — | $163.7M | ||
| Q3 25 | $251.4M | $115.7M | ||
| Q2 25 | $205.2M | $107.9M | ||
| Q1 25 | $207.7M | $175.6M | ||
| Q4 24 | — | $126.7M | ||
| Q3 24 | $207.3M | $188.2M | ||
| Q2 24 | $229.8M | $119.0M | ||
| Q1 24 | $181.9M | $79.9M |
总债务GLBEVCTR
| Q4 25 | — | $970.0M | ||
| Q3 25 | — | $972.0M | ||
| Q2 25 | — | $965.7M | ||
| Q1 25 | — | $964.8M | ||
| Q4 24 | — | $963.9M | ||
| Q3 24 | — | $982.7M | ||
| Q2 24 | — | $981.7M | ||
| Q1 24 | — | $990.2M |
股东权益GLBEVCTR
| Q4 25 | — | $2.4B | ||
| Q3 25 | $933.0M | $2.4B | ||
| Q2 25 | $909.1M | $2.5B | ||
| Q1 25 | $884.3M | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $869.4M | $1.2B | ||
| Q2 24 | $878.7M | $1.1B | ||
| Q1 24 | $886.9M | $1.1B |
总资产GLBEVCTR
| Q4 25 | — | $4.2B | ||
| Q3 25 | $1.3B | $4.2B | ||
| Q2 25 | $1.2B | $4.2B | ||
| Q1 25 | $1.2B | $2.6B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.1B | $2.5B | ||
| Q1 24 | $1.1B | $2.5B |
负债/权益比GLBEVCTR
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.87× | ||
| Q1 24 | — | 0.92× |
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 | — | $145.1M |
| 自由现金流经营现金流 - 资本支出 | — | $144.5M |
| 自由现金流率自由现金流/营收 | — | 38.6% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | — | 1.29× |
| 过去12个月自由现金流最近4个季度 | — | $381.3M |
8季度趋势，按日历期对齐
经营现金流GLBEVCTR
| Q4 25 | — | $145.1M | ||
| Q3 25 | — | $165.9M | ||
| Q2 25 | — | $-6.6M | ||
| Q1 25 | — | $81.1M | ||
| Q4 24 | — | $91.8M | ||
| Q3 24 | — | $99.8M | ||
| Q2 24 | — | $79.7M | ||
| Q1 24 | — | $68.7M |
自由现金流GLBEVCTR
| Q4 25 | — | $144.5M | ||
| Q3 25 | — | $164.8M | ||
| Q2 25 | — | $-7.5M | ||
| Q1 25 | — | $79.5M | ||
| Q4 24 | — | $91.7M | ||
| Q3 24 | — | $99.4M | ||
| Q2 24 | — | $79.5M | ||
| Q1 24 | — | $68.2M |
自由现金流率GLBEVCTR
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 45.6% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | — | 36.2% | ||
| Q4 24 | — | 39.4% | ||
| Q3 24 | — | 44.0% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 31.6% |
资本支出强度GLBEVCTR
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.2% |
现金转化率GLBEVCTR
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.72× | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | — | 1.19× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.07× | ||
| Q1 24 | — | 1.23× |
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
GLBE
暂无分部数据
VCTR
| Investment Management Fees | $301.4M | 81% |
| Fund Administration And Distribution Fees | $72.8M | 19% |
