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谷歌（GOOGL）与Match Group（MTCH）财务数据对比。点击上方公司名可切换其他公司
谷歌的季度营收约是Match Group的129.6倍（$113.8B vs $878.0M）。谷歌净利率更高（30.3% vs 23.9%，领先6.4%）。谷歌同比增速更快（18.0% vs 2.1%）。谷歌自由现金流更多（$24.6B vs $308.1M）。过去两年谷歌的营收复合增速更高（18.9% vs 1.1%）
Alphabet Inc.是谷歌的母公司，业务覆盖美洲、欧洲、亚太、中东、非洲等全球主要区域，下设谷歌服务、谷歌云、创新投项三大业务板块。谷歌服务板块涵盖广告、安卓系统、Chrome、硬件、搜索、YouTube、邮箱、云盘、地图等多款产品，同时提供应用及数字内容售卖相关服务。
美国互联网科技企业Match Group总部位于得克萨斯州达拉斯，旗下拥有全球规模最大的在线约会服务品牌矩阵，运营Tinder、Hinge、Plenty of Fish等多款全球知名约会产品。2020年7月公司从IAC分拆为独立上市公司，截至2019年全球付费订阅用户达930万，其中近半数来自北美地区。
GOOGL vs MTCH — 直观对比
营收规模更大
GOOGL
是对方的129.6倍
$878.0M
营收增速更快
GOOGL
高出15.9%
2.1%
净利率更高
GOOGL
高出6.4%
23.9%
自由现金流更多
GOOGL
多$24.2B
$308.1M
两年增速更快
GOOGL
近两年复合增速
1.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $113.8B | $878.0M |
| 净利润 | $34.5B | $209.7M |
| 毛利率 | 59.8% | 74.7% |
| 营业利润率 | 31.6% | 32.4% |
| 净利率 | 30.3% | 23.9% |
| 营收同比 | 18.0% | 2.1% |
| 净利润同比 | 29.8% | 32.5% |
| 每股收益（稀释后） | $2.82 | $0.83 |
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GOOGLMTCH
| Q4 25 | $113.8B | $878.0M | ||
| Q3 25 | $102.3B | $914.3M | ||
| Q2 25 | $96.4B | $863.7M | ||
| Q1 25 | $90.2B | $831.2M | ||
| Q4 24 | $96.5B | $860.2M | ||
| Q3 24 | $88.3B | $895.5M | ||
| Q2 24 | $84.7B | $864.1M | ||
| Q1 24 | $80.5B | $859.6M |
净利润GOOGLMTCH
| Q4 25 | $34.5B | $209.7M | ||
| Q3 25 | $35.0B | $160.8M | ||
| Q2 25 | $28.2B | $125.5M | ||
| Q1 25 | $34.5B | $117.6M | ||
| Q4 24 | $26.5B | $158.3M | ||
| Q3 24 | $26.3B | $136.5M | ||
| Q2 24 | $23.6B | $133.3M | ||
| Q1 24 | $23.7B | $123.2M |
毛利率GOOGLMTCH
| Q4 25 | 59.8% | 74.7% | ||
| Q3 25 | 59.6% | 73.0% | ||
| Q2 25 | 59.5% | 72.0% | ||
| Q1 25 | 59.7% | 71.5% | ||
| Q4 24 | 57.9% | 72.5% | ||
| Q3 24 | 58.7% | 71.7% | ||
| Q2 24 | 58.1% | 71.6% | ||
| Q1 24 | 58.1% | 70.1% |
营业利润率GOOGLMTCH
| Q4 25 | 31.6% | 32.4% | ||
| Q3 25 | 30.5% | 24.2% | ||
| Q2 25 | 32.4% | 22.5% | ||
| Q1 25 | 33.9% | 20.8% | ||
| Q4 24 | 32.1% | 26.0% | ||
| Q3 24 | 32.3% | 23.5% | ||
| Q2 24 | 32.4% | 23.7% | ||
| Q1 24 | 31.6% | 21.5% |
净利率GOOGLMTCH
| Q4 25 | 30.3% | 23.9% | ||
| Q3 25 | 34.2% | 17.6% | ||
| Q2 25 | 29.2% | 14.5% | ||
| Q1 25 | 38.3% | 14.1% | ||
| Q4 24 | 27.5% | 18.4% | ||
| Q3 24 | 29.8% | 15.2% | ||
| Q2 24 | 27.9% | 15.4% | ||
| Q1 24 | 29.4% | 14.3% |
每股收益（稀释后）GOOGLMTCH
| Q4 25 | $2.82 | $0.83 | ||
| Q3 25 | $2.87 | $0.62 | ||
| Q2 25 | $2.31 | $0.49 | ||
| Q1 25 | $2.81 | $0.44 | ||
| Q4 24 | $2.14 | $0.59 | ||
| Q3 24 | $2.12 | $0.51 | ||
| Q2 24 | $1.89 | $0.48 | ||
| Q1 24 | $1.89 | $0.44 |
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 | $126.8B | $1.0B |
| 总债务越低越好 | $49.1B | $3.5B |
| 股东权益账面价值 | $415.3B | $-253.5M |
| 总资产 | $595.3B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.12× | — |
8季度趋势，按日历期对齐
现金及短期投资GOOGLMTCH
| Q4 25 | $126.8B | $1.0B | ||
| Q3 25 | $98.5B | $1.1B | ||
| Q2 25 | $95.1B | $340.4M | ||
| Q1 25 | $95.3B | $414.2M | ||
| Q4 24 | $95.7B | $970.7M | ||
| Q3 24 | $93.2B | $860.9M | ||
| Q2 24 | $100.7B | $843.6M | ||
| Q1 24 | $108.1B | $920.9M |
总债务GOOGLMTCH
| Q4 25 | $49.1B | $3.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $10.9B | $3.4B | ||
| Q4 24 | $10.9B | $3.8B | ||
| Q3 24 | $12.3B | $3.8B | ||
| Q2 24 | $13.2B | $3.8B | ||
| Q1 24 | $13.2B | $3.8B |
股东权益GOOGLMTCH
| Q4 25 | $415.3B | $-253.5M | ||
| Q3 25 | $386.9B | $-223.9M | ||
| Q2 25 | $362.9B | $-230.9M | ||
| Q1 25 | $345.3B | $-182.7M | ||
| Q4 24 | $325.1B | $-63.7M | ||
| Q3 24 | $314.1B | $-88.5M | ||
| Q2 24 | $300.8B | $-130.2M | ||
| Q1 24 | $292.8B | $-107.8M |
总资产GOOGLMTCH
| Q4 25 | $595.3B | $4.5B | ||
| Q3 25 | $536.5B | $4.5B | ||
| Q2 25 | $502.1B | $3.9B | ||
| Q1 25 | $475.4B | $3.9B | ||
| Q4 24 | $450.3B | $4.5B | ||
| Q3 24 | $430.3B | $4.4B | ||
| Q2 24 | $414.8B | $4.4B | ||
| Q1 24 | $407.4B | $4.4B |
负债/权益比GOOGLMTCH
| Q4 25 | 0.12× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 0.05× | — |
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 | $52.4B | $322.8M |
| 自由现金流经营现金流 - 资本支出 | $24.6B | $308.1M |
| 自由现金流率自由现金流/营收 | 21.6% | 35.1% |
| 资本支出强度资本支出/营收 | 24.5% | 1.7% |
| 现金转化率经营现金流/净利润 | 1.52× | 1.54× |
| 过去12个月自由现金流最近4个季度 | $73.3B | $1.0B |
8季度趋势，按日历期对齐
经营现金流GOOGLMTCH
| Q4 25 | $52.4B | $322.8M | ||
| Q3 25 | $48.4B | $320.6M | ||
| Q2 25 | $27.7B | $243.8M | ||
| Q1 25 | $36.1B | $193.1M | ||
| Q4 24 | $39.1B | $254.7M | ||
| Q3 24 | $30.7B | $264.9M | ||
| Q2 24 | $26.6B | $129.0M | ||
| Q1 24 | $28.8B | $284.1M |
自由现金流GOOGLMTCH
| Q4 25 | $24.6B | $308.1M | ||
| Q3 25 | $24.5B | $306.8M | ||
| Q2 25 | $5.3B | $231.0M | ||
| Q1 25 | $19.0B | $177.7M | ||
| Q4 24 | $24.8B | $247.1M | ||
| Q3 24 | $17.6B | $251.8M | ||
| Q2 24 | $13.5B | $116.3M | ||
| Q1 24 | $16.8B | $266.9M |
自由现金流率GOOGLMTCH
| Q4 25 | 21.6% | 35.1% | ||
| Q3 25 | 23.9% | 33.6% | ||
| Q2 25 | 5.5% | 26.7% | ||
| Q1 25 | 21.0% | 21.4% | ||
| Q4 24 | 25.7% | 28.7% | ||
| Q3 24 | 20.0% | 28.1% | ||
| Q2 24 | 15.9% | 13.5% | ||
| Q1 24 | 20.9% | 31.0% |
资本支出强度GOOGLMTCH
| Q4 25 | 24.5% | 1.7% | ||
| Q3 25 | 23.4% | 1.5% | ||
| Q2 25 | 23.3% | 1.5% | ||
| Q1 25 | 19.1% | 1.9% | ||
| Q4 24 | 14.8% | 0.9% | ||
| Q3 24 | 14.8% | 1.5% | ||
| Q2 24 | 15.6% | 1.5% | ||
| Q1 24 | 14.9% | 2.0% |
现金转化率GOOGLMTCH
| Q4 25 | 1.52× | 1.54× | ||
| Q3 25 | 1.38× | 1.99× | ||
| Q2 25 | 0.98× | 1.94× | ||
| Q1 25 | 1.05× | 1.64× | ||
| Q4 24 | 1.47× | 1.61× | ||
| Q3 24 | 1.17× | 1.94× | ||
| Q2 24 | 1.13× | 0.97× | ||
| Q1 24 | 1.22× | 2.31× |
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
GOOGL
| Google Search | $63.1B | 55% |
| Google Cloud | $17.7B | 16% |
| Subscriptions & Devices | $13.6B | 12% |
| YouTube | $11.4B | 10% |
| Google Network | $7.8B | 7% |
MTCH
| Tinder Segment | $479.3M | 55% |
| Hinge Segment | $186.5M | 21% |
| Evergreen And Emerging Segment | $148.1M | 17% |
| MG Asia Segment | $65.8M | 7% |
