vs
盈透证券（IBKR）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
盈透证券的季度营收约是RXO, Inc.的1.1倍（$1.7B vs $1.5B），盈透证券净利率更高（70.2% vs -3.1%，领先73.3%），盈透证券同比增速更快（17.0% vs -11.9%），过去两年盈透证券的营收复合增速更高（87.6% vs 26.8%）
盈透证券集团是总部位于美国康涅狄格州格林威治的跨国经纪机构，运营着美国日均营收交易量最高的电子交易平台，2024年日均处理交易达260万笔。作为全球最大的外汇市场经纪商，同时也是头部主经纪商之一，服务商品经纪机构，可提供股票、期权、期货等多品类资产的经纪服务。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
IBKR vs RXO — 直观对比
营收规模更大
IBKR
是对方的1.1倍
$1.5B
营收增速更快
IBKR
高出28.8%
-11.9%
净利率更高
IBKR
高出73.3%
-3.1%
两年增速更快
IBKR
近两年复合增速
26.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.5B |
| 净利润 | $1.2B | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | — | -2.9% |
| 净利率 | 70.2% | -3.1% |
| 营收同比 | 17.0% | -11.9% |
| 净利润同比 | 21.5% | -84.0% |
| 每股收益（稀释后） | $0.59 | $-0.28 |
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IBKRRXO
| Q1 26 | $1.7B | — | ||
| Q4 25 | $667.0M | $1.5B | ||
| Q3 25 | $603.0M | $1.4B | ||
| Q2 25 | $578.0M | $1.4B | ||
| Q1 25 | $592.0M | $1.4B | ||
| Q4 24 | $558.0M | $1.7B | ||
| Q3 24 | $507.0M | $1.0B | ||
| Q2 24 | $474.0M | $930.0M |
净利润IBKRRXO
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $-46.0M | ||
| Q3 25 | $1.2B | $-14.0M | ||
| Q2 25 | $1.0B | $-9.0M | ||
| Q1 25 | $964.0M | $-31.0M | ||
| Q4 24 | $969.0M | $-25.0M | ||
| Q3 24 | $834.0M | $-243.0M | ||
| Q2 24 | $809.0M | $-7.0M |
营业利润率IBKRRXO
| Q1 26 | — | — | ||
| Q4 25 | — | -2.9% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | — | -1.4% | ||
| Q3 24 | — | -1.9% | ||
| Q2 24 | — | — |
净利率IBKRRXO
| Q1 26 | 70.2% | — | ||
| Q4 25 | 180.1% | -3.1% | ||
| Q3 25 | 196.7% | -1.0% | ||
| Q2 25 | 174.0% | -0.6% | ||
| Q1 25 | 162.8% | -2.2% | ||
| Q4 24 | 173.7% | -1.5% | ||
| Q3 24 | 164.5% | -23.4% | ||
| Q2 24 | 170.7% | -0.8% |
每股收益（稀释后）IBKRRXO
| Q1 26 | $0.59 | — | ||
| Q4 25 | $-0.82 | $-0.28 | ||
| Q3 25 | $0.59 | $-0.08 | ||
| Q2 25 | $0.51 | $-0.05 | ||
| Q1 25 | $1.94 | $-0.18 | ||
| Q4 24 | $2.00 | $-0.17 | ||
| Q3 24 | $1.67 | $-1.81 | ||
| Q2 24 | $1.65 | $-0.06 |
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 | $5.1B | $17.0M |
| 总债务越低越好 | $12.0M | $387.0M |
| 股东权益账面价值 | $5.6B | $1.5B |
| 总资产 | $218.7B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资IBKRRXO
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.0B | $17.0M | ||
| Q3 25 | $5.1B | $25.0M | ||
| Q2 25 | $4.7B | $18.0M | ||
| Q1 25 | $3.5B | $16.0M | ||
| Q4 24 | $3.6B | $35.0M | ||
| Q3 24 | $3.6B | $55.0M | ||
| Q2 24 | $3.9B | $7.0M |
总债务IBKRRXO
| Q1 26 | $12.0M | — | ||
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M |
股东权益IBKRRXO
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.4B | $1.5B | ||
| Q3 25 | $5.1B | $1.6B | ||
| Q2 25 | $4.8B | $1.6B | ||
| Q1 25 | $4.5B | $1.6B | ||
| Q4 24 | $4.3B | $1.6B | ||
| Q3 24 | $4.1B | $1.7B | ||
| Q2 24 | $3.9B | $579.0M |
总资产IBKRRXO
| Q1 26 | $218.7B | — | ||
| Q4 25 | $203.2B | $3.3B | ||
| Q3 25 | $200.2B | $3.2B | ||
| Q2 25 | $181.5B | $3.2B | ||
| Q1 25 | $157.7B | $3.3B | ||
| Q4 24 | $150.1B | $3.4B | ||
| Q3 24 | $148.5B | $3.4B | ||
| Q2 24 | $136.6B | $1.8B |
负债/权益比IBKRRXO
| Q1 26 | 0.00× | — | ||
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× |
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 | — | $7.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 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 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流IBKRRXO
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $7.0M | ||
| Q3 25 | $4.5B | $23.0M | ||
| Q2 25 | $7.1B | $23.0M | ||
| Q1 25 | $2.6B | $-2.0M | ||
| Q4 24 | $1.8B | $-7.0M | ||
| Q3 24 | $3.6B | $-7.0M | ||
| Q2 24 | $1.6B | $-5.0M |
自由现金流IBKRRXO
| Q1 26 | — | — | ||
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | — | $-19.0M | ||
| Q3 24 | — | $-18.0M | ||
| Q2 24 | — | $-16.0M |
自由现金流率IBKRRXO
| Q1 26 | — | — | ||
| Q4 25 | — | -0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -1.7% |
资本支出强度IBKRRXO
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% |
现金转化率IBKRRXO
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | — | ||
| Q3 25 | 3.78× | — | ||
| Q2 25 | 7.10× | — | ||
| Q1 25 | 2.68× | — | ||
| Q4 24 | 1.90× | — | ||
| Q3 24 | 4.29× | — | ||
| Q2 24 | 2.00× | — |
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
IBKR
暂无分部数据
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
