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GRAIL, Inc.（GRAL）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
GRAIL, Inc.的季度营收约是Rumble Inc.的1.6倍（$43.6M vs $27.1M），Rumble Inc.净利率更高（-120.8% vs -227.5%，领先106.7%），GRAIL, Inc.同比增速更快（14.0% vs -10.5%），Rumble Inc.自由现金流更多（$-31.7M vs $-63.9M），过去两年GRAIL, Inc.的营收复合增速更高（27.7% vs 15.2%）
GRAIL是2015年成立的美国生物技术企业，总部位于加利福尼亚州门洛帕克，核心业务是研发面向无症状人群的癌症早期筛查检测产品。该公司最初是基因测序企业Illumina旗下的初创子公司，2021年被Illumina全资收购。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
GRAL vs RUM — 直观对比
营收规模更大
GRAL
是对方的1.6倍
$27.1M
营收增速更快
GRAL
高出24.4%
-10.5%
净利率更高
RUM
高出106.7%
-227.5%
自由现金流更多
RUM
多$32.2M
$-63.9M
两年增速更快
GRAL
近两年复合增速
15.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.6M | $27.1M |
| 净利润 | $-99.2M | $-32.7M |
| 毛利率 | — | 5.5% |
| 营业利润率 | -285.4% | -131.1% |
| 净利率 | -227.5% | -120.8% |
| 营收同比 | 14.0% | -10.5% |
| 净利润同比 | -2.2% | 86.2% |
| 每股收益（稀释后） | $-2.37 | $-0.13 |
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GRALRUM
| Q4 25 | $43.6M | $27.1M | ||
| Q3 25 | $36.2M | $24.8M | ||
| Q2 25 | $35.5M | — | ||
| Q1 25 | $31.8M | $23.7M | ||
| Q4 24 | $38.3M | $30.2M | ||
| Q3 24 | $28.7M | $25.1M | ||
| Q2 24 | $32.0M | $22.5M | ||
| Q1 24 | $26.7M | $17.7M |
净利润GRALRUM
| Q4 25 | $-99.2M | $-32.7M | ||
| Q3 25 | $-89.0M | $-16.3M | ||
| Q2 25 | $-114.0M | — | ||
| Q1 25 | $-106.2M | $-2.7M | ||
| Q4 24 | $-97.1M | $-236.8M | ||
| Q3 24 | $-125.7M | $-31.5M | ||
| Q2 24 | $-1.6B | $-26.8M | ||
| Q1 24 | $-218.9M | $-43.3M |
毛利率GRALRUM
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
营业利润率GRALRUM
| Q4 25 | -285.4% | -131.1% | ||
| Q3 25 | -346.2% | -113.6% | ||
| Q2 25 | -446.9% | — | ||
| Q1 25 | -482.5% | -153.5% | ||
| Q4 24 | -358.0% | -80.1% | ||
| Q3 24 | -640.5% | -131.0% | ||
| Q2 24 | -5133.8% | -172.7% | ||
| Q1 24 | -851.1% | -197.4% |
净利率GRALRUM
| Q4 25 | -227.5% | -120.8% | ||
| Q3 25 | -245.8% | -65.7% | ||
| Q2 25 | -320.7% | — | ||
| Q1 25 | -333.6% | -11.2% | ||
| Q4 24 | -253.8% | -783.2% | ||
| Q3 24 | -438.7% | -125.9% | ||
| Q2 24 | -4958.8% | -119.2% | ||
| Q1 24 | -819.3% | -244.1% |
每股收益（稀释后）GRALRUM
| Q4 25 | $-2.37 | $-0.13 | ||
| Q3 25 | $-2.46 | $-0.06 | ||
| Q2 25 | $-3.18 | — | ||
| Q1 25 | $-3.10 | $-0.01 | ||
| Q4 24 | $-1.49 | $-1.17 | ||
| Q3 24 | $-3.94 | $-0.15 | ||
| Q2 24 | $-51.06 | $-0.13 | ||
| Q1 24 | $-7.05 | $-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 | $249.7M | $237.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $274.8M |
| 总资产 | $2.9B | $336.8M |
| 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GRALRUM
| Q4 25 | $249.7M | $237.9M | ||
| Q3 25 | $126.9M | $269.8M | ||
| Q2 25 | $127.4M | — | ||
| Q1 25 | $133.9M | $301.3M | ||
| Q4 24 | $214.2M | $114.0M | ||
| Q3 24 | $853.6M | $132.0M | ||
| Q2 24 | $958.8M | $154.2M | ||
| Q1 24 | $199.7M | $183.8M |
股东权益GRALRUM
| Q4 25 | $2.6B | $274.8M | ||
| Q3 25 | $2.2B | $302.2M | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.4B | $339.6M | ||
| Q4 24 | $2.5B | $-63.1M | ||
| Q3 24 | $2.6B | $166.1M | ||
| Q2 24 | $2.7B | $192.7M | ||
| Q1 24 | — | $210.7M |
总资产GRALRUM
| Q4 25 | $2.9B | $336.8M | ||
| Q3 25 | $2.6B | $367.2M | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.8B | $391.1M | ||
| Q4 24 | $3.0B | $195.3M | ||
| Q3 24 | $3.1B | $217.2M | ||
| Q2 24 | $3.3B | $243.2M | ||
| Q1 24 | — | $263.0M |
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 | $-63.8M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $-63.9M | $-31.7M |
| 自由现金流率自由现金流/营收 | -146.5% | -117.2% |
| 资本支出强度资本支出/营收 | 0.2% | 8.5% |
| 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 | $-299.9M | $-70.8M |
8季度趋势，按日历期对齐
经营现金流GRALRUM
| Q4 25 | $-63.8M | $-29.4M | ||
| Q3 25 | $-63.2M | $-10.6M | ||
| Q2 25 | $-77.0M | — | ||
| Q1 25 | $-95.0M | $-14.5M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | $-104.6M | $-19.1M | ||
| Q2 24 | $-171.8M | $-21.7M | ||
| Q1 24 | $-207.3M | $-33.9M |
自由现金流GRALRUM
| Q4 25 | $-63.9M | $-31.7M | ||
| Q3 25 | $-63.6M | $-12.0M | ||
| Q2 25 | $-77.3M | — | ||
| Q1 25 | $-95.1M | $-14.6M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | $-105.6M | $-19.9M | ||
| Q2 24 | $-173.2M | $-23.1M | ||
| Q1 24 | $-209.8M | $-34.3M |
自由现金流率GRALRUM
| Q4 25 | -146.5% | -117.2% | ||
| Q3 25 | -175.8% | -48.6% | ||
| Q2 25 | -217.6% | — | ||
| Q1 25 | -298.6% | -61.7% | ||
| Q4 24 | — | -40.9% | ||
| Q3 24 | -368.4% | -79.5% | ||
| Q2 24 | -541.7% | -102.8% | ||
| Q1 24 | -785.3% | -193.3% |
资本支出强度GRALRUM
| Q4 25 | 0.2% | 8.5% | ||
| Q3 25 | 1.1% | 5.7% | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.2% | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 3.4% | 3.4% | ||
| Q2 24 | 4.3% | 6.1% | ||
| Q1 24 | 9.5% | 2.4% |
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
GRAL
| Screening Revenue | $42.3M | 97% |
| Developmental Services Revenue | $1.3M | 3% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
