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iHeartMedia, Inc.（IHRT）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
iHeartMedia, Inc.的季度营收约是Reddit, Inc.的1.6倍（$1.1B vs $725.6M），Reddit, Inc.净利率更高（34.7% vs -3.7%，领先38.4%），Reddit, Inc.同比增速更快（69.7% vs 0.8%），Reddit, Inc.自由现金流更多（$263.6M vs $137.6M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs 18.8%）
iHeartMedia是一家总部位于美国德克萨斯州圣安东尼奥的大众传媒企业，前身为清晰频道通信公司，1972年由劳里·梅斯与雷德·麦库姆斯创立，2008年由贝恩资本和托马斯·李合作伙伴公司通过杠杆收购完成私有化，目前是美国知名的传媒控股集团。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
IHRT vs RDDT — 直观对比
营收规模更大
IHRT
是对方的1.6倍
$725.6M
营收增速更快
RDDT
高出68.8%
0.8%
净利率更高
RDDT
高出38.4%
-3.7%
自由现金流更多
RDDT
多$126.1M
$137.6M
两年增速更快
RDDT
近两年复合增速
18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $725.6M |
| 净利润 | $-41.9M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | 7.6% | 31.9% |
| 净利率 | -3.7% | 34.7% |
| 营收同比 | 0.8% | 69.7% |
| 净利润同比 | -233.1% | 254.2% |
| 每股收益（稀释后） | $-0.25 | $1.24 |
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IHRTRDDT
| Q4 25 | $1.1B | $725.6M | ||
| Q3 25 | $997.0M | $584.9M | ||
| Q2 25 | $933.7M | $499.6M | ||
| Q1 25 | $807.1M | $392.4M | ||
| Q4 24 | $1.1B | $427.7M | ||
| Q3 24 | $1.0B | $348.4M | ||
| Q2 24 | $929.1M | $281.2M | ||
| Q1 24 | $799.0M | $243.0M |
净利润IHRTRDDT
| Q4 25 | $-41.9M | $251.6M | ||
| Q3 25 | $-66.3M | $162.7M | ||
| Q2 25 | $-83.5M | $89.3M | ||
| Q1 25 | $-281.2M | $26.2M | ||
| Q4 24 | $31.5M | $71.0M | ||
| Q3 24 | $-41.3M | $29.9M | ||
| Q2 24 | $-981.7M | $-10.1M | ||
| Q1 24 | $-18.5M | $-575.1M |
毛利率IHRTRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率IHRTRDDT
| Q4 25 | 7.6% | 31.9% | ||
| Q3 25 | -11.7% | 23.7% | ||
| Q2 25 | 3.8% | 13.6% | ||
| Q1 25 | -3.2% | 1.0% | ||
| Q4 24 | 9.3% | 12.4% | ||
| Q3 24 | 7.6% | 2.0% | ||
| Q2 24 | -97.9% | -11.0% | ||
| Q1 24 | -4.3% | -242.5% |
净利率IHRTRDDT
| Q4 25 | -3.7% | 34.7% | ||
| Q3 25 | -6.6% | 27.8% | ||
| Q2 25 | -8.9% | 17.9% | ||
| Q1 25 | -34.8% | 6.7% | ||
| Q4 24 | 2.8% | 16.6% | ||
| Q3 24 | -4.1% | 8.6% | ||
| Q2 24 | -105.7% | -3.6% | ||
| Q1 24 | -2.3% | -236.7% |
每股收益（稀释后）IHRTRDDT
| Q4 25 | $-0.25 | $1.24 | ||
| Q3 25 | $-0.43 | $0.80 | ||
| Q2 25 | $-0.54 | $0.45 | ||
| Q1 25 | $-1.84 | $0.13 | ||
| Q4 24 | $0.21 | $4.76 | ||
| Q3 24 | $-0.27 | $0.16 | ||
| Q2 24 | $-6.50 | $-0.06 | ||
| Q1 24 | $-0.12 | $-8.19 |
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 | $270.9M | $953.6M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $-1.8B | $2.9B |
| 总资产 | $5.1B | $3.2B |
| 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IHRTRDDT
| Q4 25 | $270.9M | $953.6M | ||
| Q3 25 | $192.2M | $911.7M | ||
| Q2 25 | $235.9M | $734.1M | ||
| Q1 25 | $167.7M | $635.7M | ||
| Q4 24 | $259.6M | $562.1M | ||
| Q3 24 | $431.8M | $515.9M | ||
| Q2 24 | $364.7M | $468.0M | ||
| Q1 24 | $361.4M | $968.5M |
总债务IHRTRDDT
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $5.2B | — | ||
| Q1 24 | $5.1B | — |
股东权益IHRTRDDT
| Q4 25 | $-1.8B | $2.9B | ||
| Q3 25 | $-1.8B | $2.6B | ||
| Q2 25 | $-1.7B | $2.4B | ||
| Q1 25 | $-1.6B | $2.2B | ||
| Q4 24 | $-1.4B | $2.1B | ||
| Q3 24 | $-1.4B | $2.0B | ||
| Q2 24 | $-1.4B | $1.9B | ||
| Q1 24 | $-398.6M | $1.8B |
总资产IHRTRDDT
| Q4 25 | $5.1B | $3.2B | ||
| Q3 25 | $5.1B | $2.9B | ||
| Q2 25 | $5.4B | $2.6B | ||
| Q1 25 | $5.3B | $2.4B | ||
| Q4 24 | $5.6B | $2.3B | ||
| Q3 24 | $5.8B | $2.2B | ||
| Q2 24 | $5.8B | $2.1B | ||
| Q1 24 | $6.8B | $2.0B |
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 | $156.3M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $137.6M | $263.6M |
| 自由现金流率自由现金流/营收 | 12.2% | 36.3% |
| 资本支出强度资本支出/营收 | 1.7% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $10.9M | $684.2M |
8季度趋势，按日历期对齐
经营现金流IHRTRDDT
| Q4 25 | $156.3M | $266.8M | ||
| Q3 25 | $-9.5M | $185.2M | ||
| Q2 25 | $6.8M | $111.3M | ||
| Q1 25 | $-60.9M | $127.6M | ||
| Q4 24 | $1.2M | $90.0M | ||
| Q3 24 | $102.8M | $71.6M | ||
| Q2 24 | $26.7M | $28.4M | ||
| Q1 24 | $-59.3M | $32.1M |
自由现金流IHRTRDDT
| Q4 25 | $137.6M | $263.6M | ||
| Q3 25 | $-32.8M | $183.1M | ||
| Q2 25 | $-13.2M | $110.8M | ||
| Q1 25 | $-80.7M | $126.6M | ||
| Q4 24 | $-24.2M | $89.2M | ||
| Q3 24 | $73.3M | $70.3M | ||
| Q2 24 | $5.6M | $27.2M | ||
| Q1 24 | $-80.9M | $29.2M |
自由现金流率IHRTRDDT
| Q4 25 | 12.2% | 36.3% | ||
| Q3 25 | -3.3% | 31.3% | ||
| Q2 25 | -1.4% | 22.2% | ||
| Q1 25 | -10.0% | 32.3% | ||
| Q4 24 | -2.2% | 20.8% | ||
| Q3 24 | 7.3% | 20.2% | ||
| Q2 24 | 0.6% | 9.7% | ||
| Q1 24 | -10.1% | 12.0% |
资本支出强度IHRTRDDT
| Q4 25 | 1.7% | 0.4% | ||
| Q3 25 | 2.3% | 0.4% | ||
| Q2 25 | 2.1% | 0.1% | ||
| Q1 25 | 2.4% | 0.2% | ||
| Q4 24 | 2.3% | 0.2% | ||
| Q3 24 | 2.9% | 0.4% | ||
| Q2 24 | 2.3% | 0.4% | ||
| Q1 24 | 2.7% | 1.2% |
现金转化率IHRTRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | 0.04× | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| Q2 24 | — | — | ||
| Q1 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
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
