vs
IAC Inc.（IAC）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
IAC Inc.的季度营收约是医疗房产信托的1.4倍（$422.9M vs $296.5M），医疗房产信托净利率更高（-0.3% vs -17.0%，领先16.7%），IAC Inc.同比增速更快（-12.2% vs -17.0%），IAC Inc.自由现金流更多（$2.0M vs $-95.2M），过去两年医疗房产信托的营收复合增速更高（-6.1% vs -18.4%）
IAC Inc.是一家美国控股企业，业务覆盖媒体与互联网领域，在全球拥有多个知名品牌。公司前身是1996年成立的HSN Inc.，当时作为家庭购物频道Home Shopping Network和USA电视台的控股主体运营，1999年更名为USA Networks Inc.，2002年将旗下电视业务资产出售给威望迪集团。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
IAC vs SVC — 直观对比
营收规模更大
IAC
是对方的1.4倍
$296.5M
营收增速更快
IAC
高出4.8%
-17.0%
净利率更高
SVC
高出16.7%
-17.0%
自由现金流更多
IAC
多$97.2M
$-95.2M
两年增速更快
SVC
近两年复合增速
-18.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.9M | $296.5M |
| 净利润 | $-71.9M | $-782.0K |
| 毛利率 | 99.9% | — |
| 营业利润率 | — | -3.9% |
| 净利率 | -17.0% | -0.3% |
| 营收同比 | -12.2% | -17.0% |
| 净利润同比 | 67.1% | 99.0% |
| 每股收益（稀释后） | $-0.94 | $-0.01 |
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IACSVC
| Q1 26 | $422.9M | — | ||
| Q4 25 | $646.0M | $296.5M | ||
| Q3 25 | $589.8M | $377.6M | ||
| Q2 25 | $586.9M | $404.4M | ||
| Q1 25 | $570.5M | $335.0M | ||
| Q4 24 | $721.4M | $357.0M | ||
| Q3 24 | $642.0M | $390.9M | ||
| Q2 24 | $634.4M | $412.5M |
净利润IACSVC
| Q1 26 | $-71.9M | — | ||
| Q4 25 | $-76.8M | $-782.0K | ||
| Q3 25 | $-21.9M | $-46.9M | ||
| Q2 25 | $211.5M | $-38.2M | ||
| Q1 25 | $-216.8M | $-116.4M | ||
| Q4 24 | $-199.0M | $-76.4M | ||
| Q3 24 | $-243.7M | $-46.9M | ||
| Q2 24 | $-142.2M | $-73.8M |
毛利率IACSVC
| Q1 26 | 99.9% | — | ||
| Q4 25 | 69.8% | — | ||
| Q3 25 | 64.8% | — | ||
| Q2 25 | 65.6% | — | ||
| Q1 25 | 64.0% | — | ||
| Q4 24 | 65.8% | — | ||
| Q3 24 | 62.1% | — | ||
| Q2 24 | 60.1% | — |
营业利润率IACSVC
| Q1 26 | — | — | ||
| Q4 25 | -17.5% | -3.9% | ||
| Q3 25 | -3.5% | -12.8% | ||
| Q2 25 | 0.1% | -9.2% | ||
| Q1 25 | 6.3% | -33.3% | ||
| Q4 24 | 6.7% | -19.4% | ||
| Q3 24 | 1.3% | -12.8% | ||
| Q2 24 | -3.4% | -17.1% |
净利率IACSVC
| Q1 26 | -17.0% | — | ||
| Q4 25 | -11.9% | -0.3% | ||
| Q3 25 | -3.7% | -12.4% | ||
| Q2 25 | 36.0% | -9.4% | ||
| Q1 25 | -38.0% | -34.8% | ||
| Q4 24 | -27.6% | -21.4% | ||
| Q3 24 | -38.0% | -12.0% | ||
| Q2 24 | -22.4% | -17.9% |
每股收益（稀释后）IACSVC
| Q1 26 | $-0.94 | — | ||
| Q4 25 | $-0.96 | $-0.01 | ||
| Q3 25 | $-0.27 | $-0.28 | ||
| Q2 25 | $2.57 | $-0.23 | ||
| Q1 25 | $-2.64 | $-0.70 | ||
| Q4 24 | $-2.36 | $-0.46 | ||
| Q3 24 | $-2.93 | $-0.28 | ||
| Q2 24 | $-1.71 | $-0.45 |
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 | $1.1B | $346.8M |
| 总债务越低越好 | $24.5M | $5.5B |
| 股东权益账面价值 | $4.6B | $646.1M |
| 总资产 | $6.8B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.01× | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资IACSVC
| Q1 26 | $1.1B | — | ||
| Q4 25 | $960.2M | $346.8M | ||
| Q3 25 | $1.0B | $417.4M | ||
| Q2 25 | $1.1B | $63.2M | ||
| Q1 25 | $1.2B | $80.1M | ||
| Q4 24 | $1.4B | $143.5M | ||
| Q3 24 | $1.3B | $48.6M | ||
| Q2 24 | $1.3B | $14.6M |
总债务IACSVC
| Q1 26 | $24.5M | — | ||
| Q4 25 | $1.4B | $5.5B | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IACSVC
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.7B | $646.1M | ||
| Q3 25 | $4.8B | $647.9M | ||
| Q2 25 | $4.9B | $695.9M | ||
| Q1 25 | $4.7B | $734.6M | ||
| Q4 24 | $5.6B | $851.9M | ||
| Q3 24 | $5.8B | $929.0M | ||
| Q2 24 | $6.0B | $1.0B |
总资产IACSVC
| Q1 26 | $6.8B | — | ||
| Q4 25 | $7.1B | $6.5B | ||
| Q3 25 | $7.2B | $7.0B | ||
| Q2 25 | $7.4B | $6.9B | ||
| Q1 25 | $7.2B | $7.0B | ||
| Q4 24 | $9.7B | $7.1B | ||
| Q3 24 | $9.8B | $7.1B | ||
| Q2 24 | $10.2B | $7.1B |
负债/权益比IACSVC
| Q1 26 | 0.01× | — | ||
| Q4 25 | 0.30× | 8.52× | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.85× | ||
| Q3 24 | — | — | ||
| Q2 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 | $5.4M | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $2.0M | $-95.2M |
| 自由现金流率自由现金流/营收 | 0.5% | -32.1% |
| 资本支出强度资本支出/营收 | 1.9% | 25.9% |
| 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 | $51.4M | $-107.0M |
8季度趋势，按日历期对齐
经营现金流IACSVC
| Q1 26 | $5.4M | — | ||
| Q4 25 | $36.6M | $-18.5M | ||
| Q3 25 | $30.1M | $98.1M | ||
| Q2 25 | $-2.8M | $-7.0K | ||
| Q1 25 | $63.0K | $38.2M | ||
| Q4 24 | $110.1M | $-9.7M | ||
| Q3 24 | $95.3M | $106.2M | ||
| Q2 24 | $85.0M | $43.8M |
自由现金流IACSVC
| Q1 26 | $2.0M | — | ||
| Q4 25 | $31.4M | $-95.2M | ||
| Q3 25 | $25.3M | $57.9M | ||
| Q2 25 | $-7.2M | $-46.6M | ||
| Q1 25 | $-4.6M | $-23.2M | ||
| Q4 24 | $104.8M | $-88.9M | ||
| Q3 24 | $92.0M | $24.1M | ||
| Q2 24 | $81.6M | $-22.3M |
自由现金流率IACSVC
| Q1 26 | 0.5% | — | ||
| Q4 25 | 4.9% | -32.1% | ||
| Q3 25 | 4.3% | 15.3% | ||
| Q2 25 | -1.2% | -11.5% | ||
| Q1 25 | -0.8% | -6.9% | ||
| Q4 24 | 14.5% | -24.9% | ||
| Q3 24 | 14.3% | 6.2% | ||
| Q2 24 | 12.9% | -5.4% |
资本支出强度IACSVC
| Q1 26 | 1.9% | — | ||
| Q4 25 | 0.8% | 25.9% | ||
| Q3 25 | 0.8% | 10.6% | ||
| Q2 25 | 0.8% | 11.5% | ||
| Q1 25 | 0.8% | 18.3% | ||
| Q4 24 | 0.7% | 22.2% | ||
| Q3 24 | 0.5% | 21.0% | ||
| Q2 24 | 0.5% | 16.0% |
现金转化率IACSVC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.01× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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
IAC
| People Inc. (a) | $385.7M | 91% |
| Emerging & Other | $20.1M | 5% |
| Search | $17.1M | 4% |
SVC
暂无分部数据
