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Groupon, Inc.（GRPN）与Stran & Company, Inc.（SWAG）财务数据对比。点击上方公司名可切换其他公司
Groupon, Inc.的季度营收约是Stran & Company, Inc.的4.6倍（$132.7M vs $28.9M）。Groupon, Inc.净利率更高（6.0% vs 0.8%，领先5.1%）。Stran & Company, Inc.同比增速更快（7.2% vs 1.8%）。Groupon, Inc.自由现金流更多（$53.0M vs $38.0K）。过去两年Stran & Company, Inc.的营收复合增速更高（24.0% vs 3.8%）
Groupon股份有限公司是源自美国的电子商务平台，业务覆盖全球13个国家，主打本地生活服务领域，主打以团购优惠券的模式，连接消费者与本地商户，覆盖休闲活动、旅行、商品及各类生活服务等多个品类。
Stran & Company, Inc.是品牌促销产品、定制周边及一体化营销解决方案供应商，服务覆盖零售、医疗、科技、教育等领域企业客户，助力客户开展品牌宣传、用户运营及员工激励相关工作。
GRPN vs SWAG — 直观对比
营收规模更大
GRPN
是对方的4.6倍
$28.9M
营收增速更快
SWAG
高出5.4%
1.8%
净利率更高
GRPN
高出5.1%
0.8%
自由现金流更多
GRPN
多$53.0M
$38.0K
两年增速更快
SWAG
近两年复合增速
3.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $132.7M | $28.9M |
| 净利润 | $7.9M | $243.0K |
| 毛利率 | 90.4% | 30.4% |
| 营业利润率 | 4.9% | -0.1% |
| 净利率 | 6.0% | 0.8% |
| 营收同比 | 1.8% | 7.2% |
| 净利润同比 | 115.8% | 141.5% |
| 每股收益（稀释后） | $0.21 | $0.02 |
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GRPNSWAG
| Q4 25 | $132.7M | $28.9M | ||
| Q3 25 | $122.8M | $26.0M | ||
| Q2 25 | $125.7M | $32.6M | ||
| Q1 25 | $117.2M | $28.7M | ||
| Q4 24 | $130.4M | $27.0M | ||
| Q3 24 | $114.5M | $20.1M | ||
| Q2 24 | $124.6M | $16.7M | ||
| Q1 24 | $123.1M | $18.8M |
净利润GRPNSWAG
| Q4 25 | $7.9M | $243.0K | ||
| Q3 25 | $-118.4M | $-1.2M | ||
| Q2 25 | $20.3M | $643.0K | ||
| Q1 25 | $7.2M | $-393.0K | ||
| Q4 24 | $-50.1M | $-586.0K | ||
| Q3 24 | $13.9M | $-2.0M | ||
| Q2 24 | $-10.0M | $-1.0M | ||
| Q1 24 | $-12.3M | $-491.0K |
毛利率GRPNSWAG
| Q4 25 | 90.4% | 30.4% | ||
| Q3 25 | 91.1% | 27.2% | ||
| Q2 25 | 91.0% | 30.3% | ||
| Q1 25 | 90.7% | 29.6% | ||
| Q4 24 | 90.6% | 32.5% | ||
| Q3 24 | 89.9% | 29.5% | ||
| Q2 24 | 90.4% | 32.8% | ||
| Q1 24 | 89.8% | 29.8% |
营业利润率GRPNSWAG
| Q4 25 | 4.9% | -0.1% | ||
| Q3 25 | 1.8% | -6.9% | ||
| Q2 25 | 10.4% | 1.2% | ||
| Q1 25 | 1.6% | -1.9% | ||
| Q4 24 | 2.0% | -3.5% | ||
| Q3 24 | -4.9% | -10.8% | ||
| Q2 24 | 3.5% | -6.6% | ||
| Q1 24 | 6.0% | -3.5% |
净利率GRPNSWAG
| Q4 25 | 6.0% | 0.8% | ||
| Q3 25 | -96.4% | -4.8% | ||
| Q2 25 | 16.2% | 2.0% | ||
| Q1 25 | 6.1% | -1.4% | ||
| Q4 24 | -38.4% | -2.2% | ||
| Q3 24 | 12.2% | -10.1% | ||
| Q2 24 | -8.1% | -6.1% | ||
| Q1 24 | -10.0% | -2.6% |
每股收益（稀释后）GRPNSWAG
| Q4 25 | $0.21 | $0.02 | ||
| Q3 25 | $-2.92 | $-0.07 | ||
| Q2 25 | $0.46 | $0.03 | ||
| Q1 25 | $0.17 | $-0.02 | ||
| Q4 24 | $-1.26 | $-0.02 | ||
| Q3 24 | $0.33 | $-0.11 | ||
| Q2 24 | $-0.25 | $-0.06 | ||
| Q1 24 | $-0.33 | $-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 | $296.1M | $11.6M |
| 总债务越低越好 | $342.8M | — |
| 股东权益账面价值 | $-42.6M | $30.5M |
| 总资产 | $670.4M | $49.3M |
| 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GRPNSWAG
| Q4 25 | $296.1M | $11.6M | ||
| Q3 25 | $238.5M | $11.8M | ||
| Q2 25 | $262.6M | $18.1M | ||
| Q1 25 | $226.8M | $12.2M | ||
| Q4 24 | $228.8M | $18.2M | ||
| Q3 24 | $159.7M | $6.9M | ||
| Q2 24 | $178.1M | $9.6M | ||
| Q1 24 | $158.7M | $10.7M |
总债务GRPNSWAG
| Q4 25 | $342.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $246.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GRPNSWAG
| Q4 25 | $-42.6M | $30.5M | ||
| Q3 25 | $-59.6M | $30.2M | ||
| Q2 25 | $51.2M | $31.8M | ||
| Q1 25 | $45.5M | $31.3M | ||
| Q4 24 | $40.8M | $31.6M | ||
| Q3 24 | $40.0M | $32.3M | ||
| Q2 24 | $40.2M | $34.3M | ||
| Q1 24 | $41.2M | $35.2M |
总资产GRPNSWAG
| Q4 25 | $670.4M | $49.3M | ||
| Q3 25 | $608.2M | $50.3M | ||
| Q2 25 | $647.4M | $61.2M | ||
| Q1 25 | $608.2M | $52.2M | ||
| Q4 24 | $612.7M | $55.1M | ||
| Q3 24 | $548.0M | $48.8M | ||
| Q2 24 | $572.8M | $46.6M | ||
| Q1 24 | $580.5M | $47.9M |
负债/权益比GRPNSWAG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.03× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $56.6M | $161.0K |
| 自由现金流经营现金流 - 资本支出 | $53.0M | $38.0K |
| 自由现金流率自由现金流/营收 | 40.0% | 0.1% |
| 资本支出强度资本支出/营收 | 2.7% | 0.4% |
| 现金转化率经营现金流/净利润 | 7.13× | 0.66× |
| 过去12个月自由现金流最近4个季度 | $49.9M | $-5.5M |
8季度趋势，按日历期对齐
经营现金流GRPNSWAG
| Q4 25 | $56.6M | $161.0K | ||
| Q3 25 | $-20.5M | $-5.4M | ||
| Q2 25 | $28.4M | $6.4M | ||
| Q1 25 | $-22.0K | $-5.9M | ||
| Q4 24 | $67.0M | $1.3M | ||
| Q3 24 | $-16.3M | $-2.7M | ||
| Q2 24 | $15.3M | $2.1M | ||
| Q1 24 | $-10.1M | $2.1M |
自由现金流GRPNSWAG
| Q4 25 | $53.0M | $38.0K | ||
| Q3 25 | $-24.6M | $-5.9M | ||
| Q2 25 | $25.2M | $6.3M | ||
| Q1 25 | $-3.8M | $-6.0M | ||
| Q4 24 | $63.2M | $1.2M | ||
| Q3 24 | $-19.7M | $-2.9M | ||
| Q2 24 | $10.8M | $1.9M | ||
| Q1 24 | $-13.8M | $1.9M |
自由现金流率GRPNSWAG
| Q4 25 | 40.0% | 0.1% | ||
| Q3 25 | -20.0% | -22.6% | ||
| Q2 25 | 20.0% | 19.5% | ||
| Q1 25 | -3.2% | -21.0% | ||
| Q4 24 | 48.5% | 4.6% | ||
| Q3 24 | -17.2% | -14.3% | ||
| Q2 24 | 8.7% | 11.6% | ||
| Q1 24 | -11.2% | 9.9% |
资本支出强度GRPNSWAG
| Q4 25 | 2.7% | 0.4% | ||
| Q3 25 | 3.3% | 1.9% | ||
| Q2 25 | 2.6% | 0.2% | ||
| Q1 25 | 3.2% | 0.4% | ||
| Q4 24 | 2.9% | 0.3% | ||
| Q3 24 | 3.0% | 0.7% | ||
| Q2 24 | 3.6% | 1.1% | ||
| Q1 24 | 3.0% | 1.0% |
现金转化率GRPNSWAG
| Q4 25 | 7.13× | 0.66× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.40× | 9.99× | ||
| Q1 25 | -0.00× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -1.17× | — | ||
| Q2 24 | — | — | ||
| Q1 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
GRPN
| Service Local | $94.8M | 71% |
| Other | $35.6M | 27% |
| Service Travel | $2.3M | 2% |
SWAG
| Promotional Products Dropshipping | $11.2M | 39% |
| Casino Continuity Program | $6.9M | 24% |
| Promotional Products Company Owned Inventory | $4.6M | 16% |
| Promotional Products Bulk Dropshipping | $3.8M | 13% |
| Promotional Products Thirdparty Distributor | $1.8M | 6% |
| Other | $610.0K | 2% |
