vs
罗宾汉（HOOD）与Jefferies Financial Group Inc.（JEF）财务数据对比。点击上方公司名可切换其他公司
Jefferies Financial Group Inc.的季度营收约是罗宾汉的1.3倍（$1.7B vs $1.3B）。罗宾汉净利率更高（47.2% vs 12.6%，领先34.5%）
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
杰富瑞金融集团是总部位于美国纽约的金融服务企业，在纽约证券交易所挂牌上市，同时位列财富1000强榜单，为全球客户提供专业的金融相关服务。
HOOD vs JEF — 直观对比
营收规模更大
JEF
是对方的1.3倍
$1.3B
净利率更高
HOOD
高出34.5%
12.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $605.0M | $211.3M |
| 毛利率 | — | 95.7% |
| 营业利润率 | 51.5% | 15.2% |
| 净利率 | 47.2% | 12.6% |
| 营收同比 | 26.5% | — |
| 净利润同比 | -34.0% | — |
| 每股收益（稀释后） | $0.65 | $0.85 |
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HOODJEF
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $989.0M | $1.2B | ||
| Q1 25 | $927.0M | $1.1B | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $637.0M | $1.2B | ||
| Q2 24 | $682.0M | $1.0B | ||
| Q1 24 | $618.0M | $971.2M |
净利润HOODJEF
| Q4 25 | $605.0M | $211.3M | ||
| Q3 25 | $556.0M | $242.5M | ||
| Q2 25 | $386.0M | $91.4M | ||
| Q1 25 | $336.0M | $136.8M | ||
| Q4 24 | $916.0M | — | ||
| Q3 24 | $150.0M | $181.0M | ||
| Q2 24 | $188.0M | $154.7M | ||
| Q1 24 | $157.0M | $156.4M |
毛利率HOODJEF
| Q4 25 | — | 95.7% | ||
| Q3 25 | — | 97.7% | ||
| Q2 25 | — | 96.5% | ||
| Q1 25 | — | 96.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 96.9% | ||
| Q2 24 | — | 96.4% | ||
| Q1 24 | — | 96.4% |
营业利润率HOODJEF
| Q4 25 | 51.5% | 15.2% | ||
| Q3 25 | 49.8% | 22.1% | ||
| Q2 25 | 44.7% | 11.0% | ||
| Q1 25 | 40.0% | 13.2% | ||
| Q4 24 | 55.0% | — | ||
| Q3 24 | 24.0% | 20.7% | ||
| Q2 24 | 28.0% | 22.0% | ||
| Q1 24 | 26.2% | 22.7% |
净利率HOODJEF
| Q4 25 | 47.2% | 12.6% | ||
| Q3 25 | 43.6% | 16.1% | ||
| Q2 25 | 39.0% | 7.4% | ||
| Q1 25 | 36.2% | 12.0% | ||
| Q4 24 | 90.3% | — | ||
| Q3 24 | 23.5% | 14.8% | ||
| Q2 24 | 27.6% | 14.9% | ||
| Q1 24 | 25.4% | 16.1% |
每股收益（稀释后）HOODJEF
| Q4 25 | $0.65 | $0.85 | ||
| Q3 25 | $0.61 | $1.01 | ||
| Q2 25 | $0.42 | $0.40 | ||
| Q1 25 | $0.37 | $0.57 | ||
| Q4 24 | $1.00 | — | ||
| Q3 24 | $0.17 | $0.75 | ||
| Q2 24 | $0.21 | $0.64 | ||
| Q1 24 | $0.18 | $0.66 |
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 | $4.3B | $14.0B |
| 总债务越低越好 | — | $15.9B |
| 股东权益账面价值 | $9.2B | $10.6B |
| 总资产 | $38.1B | $76.0B |
| 负债/权益比越低杠杆越低 | — | 1.50× |
8季度趋势，按日历期对齐
现金及短期投资HOODJEF
| Q4 25 | $4.3B | $14.0B | ||
| Q3 25 | $4.3B | $11.5B | ||
| Q2 25 | $4.2B | $11.3B | ||
| Q1 25 | $4.4B | $11.2B | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.6B | $10.6B | ||
| Q2 24 | $4.5B | $10.8B | ||
| Q1 24 | $4.7B | $7.6B |
总债务HOODJEF
| Q4 25 | — | $15.9B | ||
| Q3 25 | — | $16.0B | ||
| Q2 25 | — | $15.4B | ||
| Q1 25 | — | $14.8B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $12.9B | ||
| Q2 24 | — | $12.7B | ||
| Q1 24 | — | $9.9B |
股东权益HOODJEF
| Q4 25 | $9.2B | $10.6B | ||
| Q3 25 | $8.6B | $10.4B | ||
| Q2 25 | $8.1B | $10.3B | ||
| Q1 25 | $8.0B | $10.2B | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | $7.2B | $10.0B | ||
| Q2 24 | $7.1B | $9.9B | ||
| Q1 24 | $6.9B | $9.8B |
总资产HOODJEF
| Q4 25 | $38.1B | $76.0B | ||
| Q3 25 | $41.5B | $69.3B | ||
| Q2 25 | $35.3B | $67.3B | ||
| Q1 25 | $27.5B | $70.2B | ||
| Q4 24 | $26.2B | — | ||
| Q3 24 | $43.2B | $63.3B | ||
| Q2 24 | $41.3B | $63.0B | ||
| Q1 24 | $46.1B | $60.9B |
负债/权益比HOODJEF
| Q4 25 | — | 1.50× | ||
| Q3 25 | — | 1.53× | ||
| Q2 25 | — | 1.49× | ||
| Q1 25 | — | 1.45× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 1.01× |
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 | $-937.0M | $2.0B |
| 自由现金流经营现金流 - 资本支出 | — | $1.9B |
| 自由现金流率自由现金流/营收 | — | 114.2% |
| 资本支出强度资本支出/营收 | — | 3.4% |
| 现金转化率经营现金流/净利润 | -1.55× | 9.30× |
| 过去12个月自由现金流最近4个季度 | — | $-1.7B |
8季度趋势，按日历期对齐
经营现金流HOODJEF
| Q4 25 | $-937.0M | $2.0B | ||
| Q3 25 | $-1.6B | $184.2M | ||
| Q2 25 | $3.5B | $-978.3M | ||
| Q1 25 | $642.0M | $-2.7B | ||
| Q4 24 | $-1.4B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $54.0M | — | ||
| Q1 24 | $-623.0M | $-1.3B |
自由现金流HOODJEF
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $126.0M | ||
| Q2 25 | — | $-1.0B | ||
| Q1 25 | — | $-2.7B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-1.4B |
自由现金流率HOODJEF
| Q4 25 | — | 114.2% | ||
| Q3 25 | — | 8.4% | ||
| Q2 25 | — | -83.3% | ||
| Q1 25 | — | -237.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -139.4% |
资本支出强度HOODJEF
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 9.9% |
现金转化率HOODJEF
| Q4 25 | -1.55× | 9.30× | ||
| Q3 25 | -2.83× | 0.76× | ||
| Q2 25 | 9.09× | -10.70× | ||
| Q1 25 | 1.91× | -19.48× | ||
| Q4 24 | -1.53× | — | ||
| Q3 24 | 12.08× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | -3.97× | -8.04× |
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
HOOD
| Other | $365.0M | 28% |
| Options | $314.0M | 24% |
| Cryptocurrencies | $221.0M | 17% |
| Other Transaction Based Revenues | $147.0M | 11% |
| Financial Service Other | $96.0M | 7% |
| Equities | $94.0M | 7% |
| Other Revenue | $35.0M | 3% |
| Proxy Revenues | $11.0M | 1% |
JEF
| Investment Banking Underwriting | $555.6M | 33% |
| Principal Transactions Revenue | $378.3M | 23% |
| Commissions And Other Fees | $356.0M | 21% |
| Other | $177.8M | 11% |
| Internet Connection And Boadband Revenue | $57.0M | 3% |
| Other Sources Of Revenue Miscellaneous | $53.3M | 3% |
| Real Estate | $50.7M | 3% |
| Strategic Affiliates Revenue | $13.8M | 1% |
| Asset Management1 | $12.1M | 1% |
| Fixed Income Services | $1.6M | 0% |
