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HUBSPOT INC（HUBS）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是HUBSPOT INC的1.5倍（$1.3B vs $846.7M），HUBSPOT INC净利率更高（6.4% vs -63.1%，领先69.5%），HUBSPOT INC同比增速更快（20.4% vs -25.8%），HUBSPOT INC自由现金流更多（$234.0M vs $-1.1B），过去两年HUBSPOT INC的营收复合增速更高（17.1% vs 3.3%）
HubSpot Inc.是总部位于美国马萨诸塞州剑桥市的企业服务提供商，2006年由布莱恩·哈利根与达尔梅什·沙阿联合创立，专注于研发和推广适配营销、销售及客户服务全场景的软件产品，为全球各规模企业的数字化运营提供工具支持。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
HUBS vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.5倍
$846.7M
营收增速更快
HUBS
高出46.3%
-25.8%
净利率更高
HUBS
高出69.5%
-63.1%
自由现金流更多
HUBS
多$1.4B
$-1.1B
两年增速更快
HUBS
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $846.7M | $1.3B |
| 净利润 | $54.4M | $-811.0M |
| 毛利率 | 83.7% | 9.3% |
| 营业利润率 | 5.7% | -64.8% |
| 净利率 | 6.4% | -63.1% |
| 营收同比 | 20.4% | -25.8% |
| 净利润同比 | 992.2% | -9.0% |
| 每股收益（稀释后） | $1.03 | $-0.66 |
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HUBSRIVN
| Q4 25 | $846.7M | $1.3B | ||
| Q3 25 | $809.5M | $1.6B | ||
| Q2 25 | $760.9M | $1.3B | ||
| Q1 25 | $714.1M | $1.2B | ||
| Q4 24 | $703.2M | $1.7B | ||
| Q3 24 | $669.7M | $874.0M | ||
| Q2 24 | $637.2M | $1.2B | ||
| Q1 24 | $617.4M | $1.2B |
净利润HUBSRIVN
| Q4 25 | $54.4M | $-811.0M | ||
| Q3 25 | $16.5M | $-1.2B | ||
| Q2 25 | $-3.3M | $-1.1B | ||
| Q1 25 | $-21.8M | $-545.0M | ||
| Q4 24 | $5.0M | $-744.0M | ||
| Q3 24 | $8.1M | $-1.1B | ||
| Q2 24 | $-14.4M | $-1.5B | ||
| Q1 24 | $5.9M | $-1.4B |
毛利率HUBSRIVN
| Q4 25 | 83.7% | 9.3% | ||
| Q3 25 | 83.5% | 1.5% | ||
| Q2 25 | 83.9% | -15.8% | ||
| Q1 25 | 83.9% | 16.6% | ||
| Q4 24 | 85.3% | 9.8% | ||
| Q3 24 | 85.2% | -44.9% | ||
| Q2 24 | 85.0% | -38.9% | ||
| Q1 24 | 84.6% | -43.8% |
营业利润率HUBSRIVN
| Q4 25 | 5.7% | -64.8% | ||
| Q3 25 | 1.4% | -63.1% | ||
| Q2 25 | -3.2% | -85.5% | ||
| Q1 25 | -3.8% | -52.8% | ||
| Q4 24 | -1.5% | -38.1% | ||
| Q3 24 | -1.4% | -133.8% | ||
| Q2 24 | -3.8% | -118.7% | ||
| Q1 24 | -3.8% | -123.3% |
净利率HUBSRIVN
| Q4 25 | 6.4% | -63.1% | ||
| Q3 25 | 2.0% | -75.3% | ||
| Q2 25 | -0.4% | -85.7% | ||
| Q1 25 | -3.1% | -44.0% | ||
| Q4 24 | 0.7% | -42.9% | ||
| Q3 24 | 1.2% | -125.9% | ||
| Q2 24 | -2.3% | -125.8% | ||
| Q1 24 | 1.0% | -120.1% |
每股收益（稀释后）HUBSRIVN
| Q4 25 | $1.03 | $-0.66 | ||
| Q3 25 | $0.31 | $-0.96 | ||
| Q2 25 | $-0.06 | $-0.97 | ||
| Q1 25 | $-0.42 | $-0.48 | ||
| Q4 24 | $0.09 | $-0.67 | ||
| Q3 24 | $0.16 | $-1.08 | ||
| Q2 24 | $-0.28 | $-1.46 | ||
| Q1 24 | $0.12 | $-1.48 |
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 | $882.2M | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $4.6B |
| 总资产 | $3.9B | $14.9B |
| 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HUBSRIVN
| Q4 25 | $882.2M | $6.1B | ||
| Q3 25 | $614.4M | $7.1B | ||
| Q2 25 | $601.2M | $7.5B | ||
| Q1 25 | $625.0M | $7.2B | ||
| Q4 24 | $512.7M | $7.7B | ||
| Q3 24 | $410.1M | $6.7B | ||
| Q2 24 | $797.9M | $7.9B | ||
| Q1 24 | $447.8M | $7.9B |
总债务HUBSRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益HUBSRIVN
| Q4 25 | $2.1B | $4.6B | ||
| Q3 25 | $1.9B | $5.1B | ||
| Q2 25 | $2.1B | $6.1B | ||
| Q1 25 | $2.0B | $6.2B | ||
| Q4 24 | $1.9B | $6.6B | ||
| Q3 24 | $1.8B | $5.9B | ||
| Q2 24 | $1.6B | $6.8B | ||
| Q1 24 | $1.4B | $8.1B |
总资产HUBSRIVN
| Q4 25 | $3.9B | $14.9B | ||
| Q3 25 | $3.5B | $15.2B | ||
| Q2 25 | $3.7B | $15.6B | ||
| Q1 25 | $3.9B | $15.5B | ||
| Q4 24 | $3.8B | $15.4B | ||
| Q3 24 | $3.6B | $14.3B | ||
| Q2 24 | $3.4B | $15.4B | ||
| Q1 24 | $3.2B | $15.7B |
负债/权益比HUBSRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $247.4M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $234.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | 27.6% | -89.0% |
| 资本支出强度资本支出/营收 | 1.6% | 36.0% |
| 现金转化率经营现金流/净利润 | 4.55× | — |
| 过去12个月自由现金流最近4个季度 | $707.6M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流HUBSRIVN
| Q4 25 | $247.4M | $-681.0M | ||
| Q3 25 | $187.4M | $26.0M | ||
| Q2 25 | $164.4M | $64.0M | ||
| Q1 25 | $161.6M | $-188.0M | ||
| Q4 24 | $194.1M | $1.2B | ||
| Q3 24 | $159.5M | $-876.0M | ||
| Q2 24 | $117.8M | $-754.0M | ||
| Q1 24 | $127.1M | $-1.3B |
自由现金流HUBSRIVN
| Q4 25 | $234.0M | $-1.1B | ||
| Q3 25 | $177.0M | $-421.0M | ||
| Q2 25 | $148.3M | $-398.0M | ||
| Q1 25 | $148.2M | $-526.0M | ||
| Q4 24 | $181.4M | $856.0M | ||
| Q3 24 | $148.4M | $-1.2B | ||
| Q2 24 | $109.6M | $-1.0B | ||
| Q1 24 | $121.2M | $-1.5B |
自由现金流率HUBSRIVN
| Q4 25 | 27.6% | -89.0% | ||
| Q3 25 | 21.9% | -27.0% | ||
| Q2 25 | 19.5% | -30.5% | ||
| Q1 25 | 20.8% | -42.4% | ||
| Q4 24 | 25.8% | 49.4% | ||
| Q3 24 | 22.2% | -131.9% | ||
| Q2 24 | 17.2% | -89.6% | ||
| Q1 24 | 19.6% | -126.5% |
资本支出强度HUBSRIVN
| Q4 25 | 1.6% | 36.0% | ||
| Q3 25 | 1.3% | 28.7% | ||
| Q2 25 | 2.1% | 35.5% | ||
| Q1 25 | 1.9% | 27.3% | ||
| Q4 24 | 1.8% | 18.9% | ||
| Q3 24 | 1.7% | 31.7% | ||
| Q2 24 | 1.3% | 24.4% | ||
| Q1 24 | 1.0% | 21.1% |
现金转化率HUBSRIVN
| Q4 25 | 4.55× | — | ||
| Q3 25 | 11.33× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 38.96× | — | ||
| Q3 24 | 19.59× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 21.42× | — |
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
HUBS
| Subscription And Circulation | $829.0M | 98% |
| Services | $17.8M | 2% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
