vs
Ibotta, Inc.（IBTA）与TELOS CORP（TLS）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TELOS CORP的1.8倍（$82.5M vs $46.8M），TELOS CORP同比增速更快（77.4% vs -2.5%），Ibotta, Inc.自由现金流更多（$23.3M vs $8.0M），过去两年TELOS CORP的营收复合增速更高（25.7% vs -3.1%）
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。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
IBTA vs TLS — 直观对比
营收规模更大
IBTA
是对方的1.8倍
$46.8M
营收增速更快
TLS
高出79.8%
-2.5%
自由现金流更多
IBTA
多$15.3M
$8.0M
两年增速更快
TLS
近两年复合增速
-3.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $82.5M | $46.8M |
| 净利润 | — | $-16.3M |
| 毛利率 | 76.4% | 35.0% |
| 营业利润率 | 10.4% | -39.6% |
| 净利率 | — | -34.9% |
| 营收同比 | -2.5% | 77.4% |
| 净利润同比 | — | -74.8% |
| 每股收益（稀释后） | $-0.43 | $-0.22 |
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IBTATLS
| Q1 26 | $82.5M | — | ||
| Q4 25 | $88.5M | $46.8M | ||
| Q3 25 | $83.3M | $51.4M | ||
| Q2 25 | $86.0M | $36.0M | ||
| Q1 25 | $84.6M | $30.6M | ||
| Q4 24 | $98.4M | $26.4M | ||
| Q3 24 | $98.6M | $23.8M | ||
| Q2 24 | $87.9M | $28.5M |
净利润IBTATLS
| Q1 26 | — | — | ||
| Q4 25 | — | $-16.3M | ||
| Q3 25 | $1.5M | $-2.1M | ||
| Q2 25 | $2.5M | $-9.5M | ||
| Q1 25 | $555.0K | $-8.6M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | $17.2M | $-28.1M | ||
| Q2 24 | $-34.0M | $-7.8M |
毛利率IBTATLS
| Q1 26 | 76.4% | — | ||
| Q4 25 | 78.7% | 35.0% | ||
| Q3 25 | 79.4% | 39.9% | ||
| Q2 25 | 79.2% | 33.2% | ||
| Q1 25 | 79.8% | 39.8% | ||
| Q4 24 | 84.6% | 40.3% | ||
| Q3 24 | 87.7% | 13.2% | ||
| Q2 24 | 86.0% | 34.1% |
营业利润率IBTATLS
| Q1 26 | 10.4% | — | ||
| Q4 25 | -1.9% | -39.6% | ||
| Q3 25 | 2.8% | -4.8% | ||
| Q2 25 | 1.4% | -27.5% | ||
| Q1 25 | -3.3% | -29.5% | ||
| Q4 24 | 13.2% | -37.6% | ||
| Q3 24 | 21.0% | -121.4% | ||
| Q2 24 | -24.6% | -30.3% |
净利率IBTATLS
| Q1 26 | — | — | ||
| Q4 25 | — | -34.9% | ||
| Q3 25 | 1.8% | -4.1% | ||
| Q2 25 | 2.9% | -26.5% | ||
| Q1 25 | 0.7% | -28.1% | ||
| Q4 24 | — | -35.4% | ||
| Q3 24 | 17.5% | -118.0% | ||
| Q2 24 | -38.6% | -27.2% |
每股收益（稀释后）IBTATLS
| Q1 26 | $-0.43 | — | ||
| Q4 25 | $-0.03 | $-0.22 | ||
| Q3 25 | $0.05 | $-0.03 | ||
| Q2 25 | $0.08 | $-0.13 | ||
| Q1 25 | $0.02 | $-0.12 | ||
| Q4 24 | $3.04 | $-0.13 | ||
| Q3 24 | $0.51 | $-0.39 | ||
| Q2 24 | $-1.32 | $-0.11 |
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 | $164.6M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $249.0M | $96.0M |
| 总资产 | $479.9M | $139.9M |
| 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IBTATLS
| Q1 26 | $164.6M | — | ||
| Q4 25 | $186.6M | $53.2M | ||
| Q3 25 | $223.3M | $59.0M | ||
| Q2 25 | $250.5M | $57.0M | ||
| Q1 25 | $297.1M | $57.8M | ||
| Q4 24 | $349.3M | $54.6M | ||
| Q3 24 | $341.3M | $69.8M | ||
| Q2 24 | $317.9M | $80.1M |
总债务IBTATLS
| Q1 26 | — | — | ||
| Q4 25 | $0 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — |
股东权益IBTATLS
| Q1 26 | $249.0M | — | ||
| Q4 25 | $287.7M | $96.0M | ||
| Q3 25 | $329.6M | $119.7M | ||
| Q2 25 | $354.1M | $118.4M | ||
| Q1 25 | $401.3M | $126.1M | ||
| Q4 24 | $457.3M | $127.1M | ||
| Q3 24 | $378.0M | $129.5M | ||
| Q2 24 | $359.7M | $149.1M |
总资产IBTATLS
| Q1 26 | $479.9M | — | ||
| Q4 25 | $525.9M | $139.9M | ||
| Q3 25 | $569.4M | $164.3M | ||
| Q2 25 | $600.8M | $165.0M | ||
| Q1 25 | $639.3M | $158.1M | ||
| Q4 24 | $678.4M | $158.2M | ||
| Q3 24 | $598.3M | $166.3M | ||
| Q2 24 | $556.0M | $182.4M |
负债/权益比IBTATLS
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — |
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 | $30.4M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $23.3M | $8.0M |
| 自由现金流率自由现金流/营收 | 28.2% | 17.0% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 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 | $80.3M | $29.4M |
8季度趋势，按日历期对齐
经营现金流IBTATLS
| Q1 26 | $30.4M | — | ||
| Q4 25 | $27.8M | $8.0M | ||
| Q3 25 | $21.8M | $9.1M | ||
| Q2 25 | $25.9M | $7.0M | ||
| Q1 25 | $19.9M | $6.1M | ||
| Q4 24 | $22.0M | $-10.5M | ||
| Q3 24 | $39.5M | $-7.1M | ||
| Q2 24 | $35.0M | $-8.0M |
自由现金流IBTATLS
| Q1 26 | $23.3M | — | ||
| Q4 25 | $20.3M | $8.0M | ||
| Q3 25 | $14.5M | $8.7M | ||
| Q2 25 | $22.2M | $6.8M | ||
| Q1 25 | $18.0M | $6.0M | ||
| Q4 24 | $21.8M | $-12.4M | ||
| Q3 24 | $39.2M | $-7.1M | ||
| Q2 24 | $34.8M | $-8.2M |
自由现金流率IBTATLS
| Q1 26 | 28.2% | — | ||
| Q4 25 | 22.9% | 17.0% | ||
| Q3 25 | 17.4% | 16.9% | ||
| Q2 25 | 25.8% | 19.0% | ||
| Q1 25 | 21.2% | 19.5% | ||
| Q4 24 | 22.1% | -47.0% | ||
| Q3 24 | 39.8% | -30.0% | ||
| Q2 24 | 39.6% | -28.9% |
资本支出强度IBTATLS
| Q1 26 | — | — | ||
| Q4 25 | 8.5% | 0.1% | ||
| Q3 25 | 8.7% | 0.9% | ||
| Q2 25 | 4.2% | 0.4% | ||
| Q1 25 | 2.2% | 0.4% | ||
| Q4 24 | 0.2% | 7.1% | ||
| Q3 24 | 0.3% | 0.2% | ||
| Q2 24 | 0.2% | 0.8% |
现金转化率IBTATLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 14.19× | — | ||
| Q2 25 | 10.38× | — | ||
| Q1 25 | 35.78× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.29× | — | ||
| 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
IBTA
| Redemption revenue | $54.0M | 65% |
| Other | $19.0M | 23% |
| Ad & other revenue | $9.5M | 11% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
