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Ibotta, Inc.（IBTA）与Thryv Holdings, Inc.（THRY）财务数据对比。点击上方公司名可切换其他公司
Thryv Holdings, Inc.的季度营收约是Ibotta, Inc.的2.2倍（$191.6M vs $88.5M）。Thryv Holdings, Inc.同比增速更快（2.7% vs -10.0%）。Ibotta, Inc.自由现金流更多（$20.3M vs $12.3M）。过去两年Ibotta, Inc.的营收复合增速更高（3.7% vs -9.4%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
IBTA vs THRY — 直观对比
营收规模更大
THRY
是对方的2.2倍
$88.5M
营收增速更快
THRY
高出12.7%
-10.0%
自由现金流更多
IBTA
多$8.0M
$12.3M
两年增速更快
IBTA
近两年复合增速
-9.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $88.5M | $191.6M |
| 净利润 | — | $-9.7M |
| 毛利率 | 78.7% | 68.0% |
| 营业利润率 | -1.9% | 5.3% |
| 净利率 | — | -5.0% |
| 营收同比 | -10.0% | 2.7% |
| 净利润同比 | — | -222.5% |
| 每股收益（稀释后） | $-0.03 | $-0.21 |
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IBTATHRY
| Q4 25 | $88.5M | $191.6M | ||
| Q3 25 | $83.3M | $201.6M | ||
| Q2 25 | $86.0M | $210.5M | ||
| Q1 25 | $84.6M | $181.4M | ||
| Q4 24 | $98.4M | $186.6M | ||
| Q3 24 | $98.6M | $179.9M | ||
| Q2 24 | $87.9M | $224.1M | ||
| Q1 24 | $82.3M | $233.6M |
净利润IBTATHRY
| Q4 25 | — | $-9.7M | ||
| Q3 25 | $1.5M | $5.7M | ||
| Q2 25 | $2.5M | $13.9M | ||
| Q1 25 | $555.0K | $-9.6M | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | $17.2M | $-96.1M | ||
| Q2 24 | $-34.0M | $5.5M | ||
| Q1 24 | $9.3M | $8.4M |
毛利率IBTATHRY
| Q4 25 | 78.7% | 68.0% | ||
| Q3 25 | 79.4% | 67.7% | ||
| Q2 25 | 79.2% | 69.7% | ||
| Q1 25 | 79.8% | 65.8% | ||
| Q4 24 | 84.6% | 65.9% | ||
| Q3 24 | 87.7% | 62.3% | ||
| Q2 24 | 86.0% | 66.3% | ||
| Q1 24 | 87.2% | 65.8% |
营业利润率IBTATHRY
| Q4 25 | -1.9% | 5.3% | ||
| Q3 25 | 2.8% | 9.9% | ||
| Q2 25 | 1.4% | 14.0% | ||
| Q1 25 | -3.3% | -1.7% | ||
| Q4 24 | 13.2% | -3.9% | ||
| Q3 24 | 21.0% | -49.2% | ||
| Q2 24 | -24.6% | 14.0% | ||
| Q1 24 | 19.3% | 13.3% |
净利率IBTATHRY
| Q4 25 | — | -5.0% | ||
| Q3 25 | 1.8% | 2.8% | ||
| Q2 25 | 2.9% | 6.6% | ||
| Q1 25 | 0.7% | -5.3% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | 17.5% | -53.4% | ||
| Q2 24 | -38.6% | 2.5% | ||
| Q1 24 | 11.3% | 3.6% |
每股收益（稀释后）IBTATHRY
| Q4 25 | $-0.03 | $-0.21 | ||
| Q3 25 | $0.05 | $0.13 | ||
| Q2 25 | $0.08 | $0.31 | ||
| Q1 25 | $0.02 | $-0.22 | ||
| Q4 24 | $3.04 | $0.28 | ||
| Q3 24 | $0.51 | $-2.65 | ||
| Q2 24 | $-1.32 | $0.15 | ||
| Q1 24 | $0.33 | $0.22 |
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 | $10.8M |
| 总债务越低越好 | $0 | $253.5M |
| 股东权益账面价值 | $287.7M | $218.1M |
| 总资产 | $525.9M | $688.6M |
| 负债/权益比越低杠杆越低 | 0.00× | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资IBTATHRY
| Q4 25 | $186.6M | $10.8M | ||
| Q3 25 | $223.3M | $11.6M | ||
| Q2 25 | $250.5M | $10.8M | ||
| Q1 25 | $297.1M | $11.0M | ||
| Q4 24 | $349.3M | $16.3M | ||
| Q3 24 | $341.3M | $12.5M | ||
| Q2 24 | $317.9M | $15.5M | ||
| Q1 24 | $79.5M | $14.4M |
总债务IBTATHRY
| Q4 25 | $0 | $253.5M | ||
| Q3 25 | — | $268.2M | ||
| Q2 25 | — | $275.6M | ||
| Q1 25 | — | $299.0M | ||
| Q4 24 | $0 | $284.3M | ||
| Q3 24 | $0 | $307.8M | ||
| Q2 24 | $0 | $342.1M | ||
| Q1 24 | $65.3M | $347.6M |
股东权益IBTATHRY
| Q4 25 | $287.7M | $218.1M | ||
| Q3 25 | $329.6M | $221.1M | ||
| Q2 25 | $354.1M | $214.9M | ||
| Q1 25 | $401.3M | $193.2M | ||
| Q4 24 | $457.3M | $196.9M | ||
| Q3 24 | $378.0M | $94.5M | ||
| Q2 24 | $359.7M | $183.1M | ||
| Q1 24 | $44.1M | $167.1M |
总资产IBTATHRY
| Q4 25 | $525.9M | $688.6M | ||
| Q3 25 | $569.4M | $701.8M | ||
| Q2 25 | $600.8M | $687.7M | ||
| Q1 25 | $639.3M | $703.7M | ||
| Q4 24 | $678.4M | $712.2M | ||
| Q3 24 | $598.3M | $654.8M | ||
| Q2 24 | $556.0M | $785.5M | ||
| Q1 24 | $322.1M | $786.8M |
负债/权益比IBTATHRY
| Q4 25 | 0.00× | 1.16× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | 0.00× | 1.44× | ||
| Q3 24 | 0.00× | 3.26× | ||
| Q2 24 | 0.00× | 1.87× | ||
| Q1 24 | 1.48× | 2.08× |
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 | $22.2M |
| 自由现金流经营现金流 - 资本支出 | $20.3M | $12.3M |
| 自由现金流率自由现金流/营收 | 22.9% | 6.4% |
| 资本支出强度资本支出/营收 | 8.5% | 5.2% |
| 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 | $31.1M |
8季度趋势，按日历期对齐
经营现金流IBTATHRY
| Q4 25 | $27.8M | $22.2M | ||
| Q3 25 | $21.8M | $22.2M | ||
| Q2 25 | $25.9M | $29.6M | ||
| Q1 25 | $19.9M | $-10.5M | ||
| Q4 24 | $22.0M | $26.1M | ||
| Q3 24 | $39.5M | $36.0M | ||
| Q2 24 | $35.0M | $22.2M | ||
| Q1 24 | $19.4M | $5.4M |
自由现金流IBTATHRY
| Q4 25 | $20.3M | $12.3M | ||
| Q3 25 | $14.5M | $14.6M | ||
| Q2 25 | $22.2M | $21.8M | ||
| Q1 25 | $18.0M | $-17.6M | ||
| Q4 24 | $21.8M | $17.3M | ||
| Q3 24 | $39.2M | $27.5M | ||
| Q2 24 | $34.8M | $13.3M | ||
| Q1 24 | $19.2M | $-1.8M |
自由现金流率IBTATHRY
| Q4 25 | 22.9% | 6.4% | ||
| Q3 25 | 17.4% | 7.2% | ||
| Q2 25 | 25.8% | 10.4% | ||
| Q1 25 | 21.2% | -9.7% | ||
| Q4 24 | 22.1% | 9.3% | ||
| Q3 24 | 39.8% | 15.3% | ||
| Q2 24 | 39.6% | 5.9% | ||
| Q1 24 | 23.3% | -0.8% |
资本支出强度IBTATHRY
| Q4 25 | 8.5% | 5.2% | ||
| Q3 25 | 8.7% | 3.8% | ||
| Q2 25 | 4.2% | 3.7% | ||
| Q1 25 | 2.2% | 3.9% | ||
| Q4 24 | 0.2% | 4.7% | ||
| Q3 24 | 0.3% | 4.7% | ||
| Q2 24 | 0.2% | 4.0% | ||
| Q1 24 | 0.2% | 3.1% |
现金转化率IBTATHRY
| Q4 25 | — | — | ||
| Q3 25 | 14.19× | 3.93× | ||
| Q2 25 | 10.38× | 2.12× | ||
| Q1 25 | 35.78× | — | ||
| Q4 24 | — | 3.32× | ||
| Q3 24 | 2.29× | — | ||
| Q2 24 | — | 4.01× | ||
| Q1 24 | 2.08× | 0.65× |
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% |
THRY
| Software As A Service | $119.0M | 62% |
| $56.2M | 29% | |
| Digital | $16.4M | 9% |
