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罗宾汉（HOOD）与TRINET GROUP, INC.（TNET）财务数据对比。点击上方公司名可切换其他公司
罗宾汉的季度营收约是TRINET GROUP, INC.的1.0倍（$1.3B vs $1.2B），罗宾汉同比增速更快（26.5% vs -2.2%），过去两年罗宾汉的营收复合增速更高（44.1% vs -0.6%）
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。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
HOOD vs TNET — 直观对比
营收规模更大
HOOD
是对方的1.0倍
$1.2B
营收增速更快
HOOD
高出28.7%
-2.2%
两年增速更快
HOOD
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $605.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 51.5% | 0.1% |
| 净利率 | 47.2% | — |
| 营收同比 | 26.5% | -2.2% |
| 净利润同比 | -34.0% | — |
| 每股收益（稀释后） | $0.65 | $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HOODTNET
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $989.0M | $1.2B | ||
| Q1 25 | $927.0M | $1.3B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $637.0M | $1.2B | ||
| Q2 24 | $682.0M | $1.2B | ||
| Q1 24 | $618.0M | $1.3B |
净利润HOODTNET
| Q4 25 | $605.0M | — | ||
| Q3 25 | $556.0M | $34.0M | ||
| Q2 25 | $386.0M | $37.0M | ||
| Q1 25 | $336.0M | $85.0M | ||
| Q4 24 | $916.0M | — | ||
| Q3 24 | $150.0M | $45.0M | ||
| Q2 24 | $188.0M | $60.0M | ||
| Q1 24 | $157.0M | $91.0M |
营业利润率HOODTNET
| Q4 25 | 51.5% | 0.1% | ||
| Q3 25 | 49.8% | 4.1% | ||
| Q2 25 | 44.7% | 4.1% | ||
| Q1 25 | 40.0% | 8.9% | ||
| Q4 24 | 55.0% | -2.9% | ||
| Q3 24 | 24.0% | 4.7% | ||
| Q2 24 | 28.0% | 6.5% | ||
| Q1 24 | 26.2% | 9.7% |
净利率HOODTNET
| Q4 25 | 47.2% | — | ||
| Q3 25 | 43.6% | 2.8% | ||
| Q2 25 | 39.0% | 3.0% | ||
| Q1 25 | 36.2% | 6.6% | ||
| Q4 24 | 90.3% | — | ||
| Q3 24 | 23.5% | 3.6% | ||
| Q2 24 | 27.6% | 4.9% | ||
| Q1 24 | 25.4% | 7.2% |
每股收益（稀释后）HOODTNET
| Q4 25 | $0.65 | $0.02 | ||
| Q3 25 | $0.61 | $0.70 | ||
| Q2 25 | $0.42 | $0.77 | ||
| Q1 25 | $0.37 | $1.71 | ||
| Q4 24 | $1.00 | $-0.44 | ||
| Q3 24 | $0.17 | $0.89 | ||
| Q2 24 | $0.21 | $1.20 | ||
| Q1 24 | $0.18 | $1.78 |
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 | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $9.2B | $54.0M |
| 总资产 | $38.1B | $3.8B |
| 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HOODTNET
| Q4 25 | $4.3B | $287.0M | ||
| Q3 25 | $4.3B | $321.0M | ||
| Q2 25 | $4.2B | $407.0M | ||
| Q1 25 | $4.4B | $349.0M | ||
| Q4 24 | $4.3B | $360.0M | ||
| Q3 24 | $4.6B | $301.0M | ||
| Q2 24 | $4.5B | $249.0M | ||
| Q1 24 | $4.7B | $383.0M |
股东权益HOODTNET
| Q4 25 | $9.2B | $54.0M | ||
| Q3 25 | $8.6B | $110.0M | ||
| Q2 25 | $8.1B | $107.0M | ||
| Q1 25 | $8.0B | $63.0M | ||
| Q4 24 | $8.0B | $69.0M | ||
| Q3 24 | $7.2B | $129.0M | ||
| Q2 24 | $7.1B | $100.0M | ||
| Q1 24 | $6.9B | $143.0M |
总资产HOODTNET
| Q4 25 | $38.1B | $3.8B | ||
| Q3 25 | $41.5B | $3.4B | ||
| Q2 25 | $35.3B | $3.7B | ||
| Q1 25 | $27.5B | $3.8B | ||
| Q4 24 | $26.2B | $4.1B | ||
| Q3 24 | $43.2B | $3.7B | ||
| Q2 24 | $41.3B | $3.7B | ||
| Q1 24 | $46.1B | $4.0B |
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 | $61.0M |
| 自由现金流经营现金流 - 资本支出 | — | $43.0M |
| 自由现金流率自由现金流/营收 | — | 3.4% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | -1.55× | — |
| 过去12个月自由现金流最近4个季度 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流HOODTNET
| Q4 25 | $-937.0M | $61.0M | ||
| Q3 25 | $-1.6B | $72.0M | ||
| Q2 25 | $3.5B | $75.0M | ||
| Q1 25 | $642.0M | $95.0M | ||
| Q4 24 | $-1.4B | $65.0M | ||
| Q3 24 | $1.8B | $84.0M | ||
| Q2 24 | $54.0M | $39.0M | ||
| Q1 24 | $-623.0M | $91.0M |
自由现金流HOODTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | — | $55.0M | ||
| Q2 25 | — | $57.0M | ||
| Q1 25 | — | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $59.0M | ||
| Q2 24 | — | $22.0M | ||
| Q1 24 | — | $73.0M |
自由现金流率HOODTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 5.8% |
资本支出强度HOODTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
现金转化率HOODTNET
| Q4 25 | -1.55× | — | ||
| Q3 25 | -2.83× | 2.12× | ||
| Q2 25 | 9.09× | 2.03× | ||
| Q1 25 | 1.91× | 1.12× | ||
| Q4 24 | -1.53× | — | ||
| Q3 24 | 12.08× | 1.87× | ||
| Q2 24 | 0.29× | 0.65× | ||
| Q1 24 | -3.97× | 1.00× |
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% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
