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Ibotta, Inc.（IBTA）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
Ibotta, Inc.的季度营收约是PDF SOLUTIONS INC的1.4倍（$88.5M vs $62.4M），PDF SOLUTIONS INC同比增速更快（24.6% vs -10.0%），Ibotta, Inc.自由现金流更多（$20.3M vs $7.5M），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 3.7%）
Ibotta, Inc.是总部位于美国科罗拉多州丹佛市的移动科技公司，成立于2011年，目前仅在美国开展业务。公司依托自主开发的Ibotta绩效网络与面向消费者的手机应用，为各类消费提供现金返现奖励，同时与快速消费品品牌及网络发行商合作，还推出了返现即服务业务。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
IBTA vs PDFS — 直观对比
营收规模更大
IBTA
是对方的1.4倍
$62.4M
营收增速更快
PDFS
高出34.6%
-10.0%
自由现金流更多
IBTA
多$12.7M
$7.5M
两年增速更快
PDFS
近两年复合增速
3.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $88.5M | $62.4M |
| 净利润 | — | $-48.0K |
| 毛利率 | 78.7% | 72.9% |
| 营业利润率 | -1.9% | 5.5% |
| 净利率 | — | -0.1% |
| 营收同比 | -10.0% | 24.6% |
| 净利润同比 | — | -108.9% |
| 每股收益（稀释后） | $-0.03 | $0.00 |
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IBTAPDFS
| Q4 25 | $88.5M | $62.4M | ||
| Q3 25 | $83.3M | $57.1M | ||
| Q2 25 | $86.0M | $51.7M | ||
| Q1 25 | $84.6M | $47.8M | ||
| Q4 24 | $98.4M | $50.1M | ||
| Q3 24 | $98.6M | $46.4M | ||
| Q2 24 | $87.9M | $41.7M | ||
| Q1 24 | $82.3M | $41.3M |
净利润IBTAPDFS
| Q4 25 | — | $-48.0K | ||
| Q3 25 | $1.5M | $1.3M | ||
| Q2 25 | $2.5M | $1.1M | ||
| Q1 25 | $555.0K | $-3.0M | ||
| Q4 24 | — | $539.0K | ||
| Q3 24 | $17.2M | $2.2M | ||
| Q2 24 | $-34.0M | $1.7M | ||
| Q1 24 | $9.3M | $-393.0K |
毛利率IBTAPDFS
| Q4 25 | 78.7% | 72.9% | ||
| Q3 25 | 79.4% | 72.3% | ||
| Q2 25 | 79.2% | 71.2% | ||
| Q1 25 | 79.8% | 72.9% | ||
| Q4 24 | 84.6% | 68.3% | ||
| Q3 24 | 87.7% | 73.1% | ||
| Q2 24 | 86.0% | 70.6% | ||
| Q1 24 | 87.2% | 67.3% |
营业利润率IBTAPDFS
| Q4 25 | -1.9% | 5.5% | ||
| Q3 25 | 2.8% | 8.5% | ||
| Q2 25 | 1.4% | 2.2% | ||
| Q1 25 | -3.3% | -7.4% | ||
| Q4 24 | 13.2% | 1.0% | ||
| Q3 24 | 21.0% | 4.6% | ||
| Q2 24 | -24.6% | 0.6% | ||
| Q1 24 | 19.3% | -4.7% |
净利率IBTAPDFS
| Q4 25 | — | -0.1% | ||
| Q3 25 | 1.8% | 2.3% | ||
| Q2 25 | 2.9% | 2.2% | ||
| Q1 25 | 0.7% | -6.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 17.5% | 4.8% | ||
| Q2 24 | -38.6% | 4.1% | ||
| Q1 24 | 11.3% | -1.0% |
每股收益（稀释后）IBTAPDFS
| Q4 25 | $-0.03 | $0.00 | ||
| Q3 25 | $0.05 | $0.03 | ||
| Q2 25 | $0.08 | $0.03 | ||
| Q1 25 | $0.02 | $-0.08 | ||
| Q4 24 | $3.04 | $0.01 | ||
| Q3 24 | $0.51 | $0.06 | ||
| Q2 24 | $-1.32 | $0.04 | ||
| Q1 24 | $0.33 | $-0.01 |
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 | $186.6M | $42.2M |
| 总债务越低越好 | $0 | $67.0M |
| 股东权益账面价值 | $287.7M | $271.0M |
| 总资产 | $525.9M | $418.7M |
| 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IBTAPDFS
| Q4 25 | $186.6M | $42.2M | ||
| Q3 25 | $223.3M | $35.9M | ||
| Q2 25 | $250.5M | $40.4M | ||
| Q1 25 | $297.1M | $54.1M | ||
| Q4 24 | $349.3M | $114.9M | ||
| Q3 24 | $341.3M | $120.2M | ||
| Q2 24 | $317.9M | $117.9M | ||
| Q1 24 | $79.5M | $122.9M |
总债务IBTAPDFS
| Q4 25 | $0 | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $65.3M | — |
股东权益IBTAPDFS
| Q4 25 | $287.7M | $271.0M | ||
| Q3 25 | $329.6M | $264.4M | ||
| Q2 25 | $354.1M | $257.5M | ||
| Q1 25 | $401.3M | $249.0M | ||
| Q4 24 | $457.3M | $246.0M | ||
| Q3 24 | $378.0M | $240.5M | ||
| Q2 24 | $359.7M | $232.2M | ||
| Q1 24 | $44.1M | $225.4M |
总资产IBTAPDFS
| Q4 25 | $525.9M | $418.7M | ||
| Q3 25 | $569.4M | $406.4M | ||
| Q2 25 | $600.8M | $391.1M | ||
| Q1 25 | $639.3M | $390.0M | ||
| Q4 24 | $678.4M | $315.3M | ||
| Q3 24 | $598.3M | $307.4M | ||
| Q2 24 | $556.0M | $298.0M | ||
| Q1 24 | $322.1M | $286.8M |
负债/权益比IBTAPDFS
| Q4 25 | 0.00× | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 1.48× | — |
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 | $27.8M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $20.3M | $7.5M |
| 自由现金流率自由现金流/营收 | 22.9% | 12.1% |
| 资本支出强度资本支出/营收 | 8.5% | 15.7% |
| 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 | $75.0M | $-8.6M |
8季度趋势，按日历期对齐
经营现金流IBTAPDFS
| Q4 25 | $27.8M | $17.3M | ||
| Q3 25 | $21.8M | $3.3M | ||
| Q2 25 | $25.9M | $-5.2M | ||
| Q1 25 | $19.9M | $8.6M | ||
| Q4 24 | $22.0M | $1.6M | ||
| Q3 24 | $39.5M | $9.3M | ||
| Q2 24 | $35.0M | $684.0K | ||
| Q1 24 | $19.4M | $-1.9M |
自由现金流IBTAPDFS
| Q4 25 | $20.3M | $7.5M | ||
| Q3 25 | $14.5M | $-2.9M | ||
| Q2 25 | $22.2M | $-13.8M | ||
| Q1 25 | $18.0M | $535.0K | ||
| Q4 24 | $21.8M | $-4.0M | ||
| Q3 24 | $39.2M | $5.1M | ||
| Q2 24 | $34.8M | $-4.6M | ||
| Q1 24 | $19.2M | $-3.9M |
自由现金流率IBTAPDFS
| Q4 25 | 22.9% | 12.1% | ||
| Q3 25 | 17.4% | -5.1% | ||
| Q2 25 | 25.8% | -26.6% | ||
| Q1 25 | 21.2% | 1.1% | ||
| Q4 24 | 22.1% | -8.0% | ||
| Q3 24 | 39.8% | 11.0% | ||
| Q2 24 | 39.6% | -11.1% | ||
| Q1 24 | 23.3% | -9.4% |
资本支出强度IBTAPDFS
| Q4 25 | 8.5% | 15.7% | ||
| Q3 25 | 8.7% | 10.8% | ||
| Q2 25 | 4.2% | 16.5% | ||
| Q1 25 | 2.2% | 17.0% | ||
| Q4 24 | 0.2% | 11.3% | ||
| Q3 24 | 0.3% | 9.0% | ||
| Q2 24 | 0.2% | 12.8% | ||
| Q1 24 | 0.2% | 4.9% |
现金转化率IBTAPDFS
| Q4 25 | — | — | ||
| Q3 25 | 14.19× | 2.54× | ||
| Q2 25 | 10.38× | -4.55× | ||
| Q1 25 | 35.78× | — | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | 2.29× | 4.20× | ||
| Q2 24 | — | 0.40× | ||
| Q1 24 | 2.08× | — |
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
IBTA
| Redemption Revenue | $78.5M | 89% |
| Ad Other Revenue | $10.0M | 11% |
| Breakage | $2.1M | 2% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
