vs
Jefferson Capital, Inc.（JCAP）与Marqeta, Inc.（MQ）财务数据对比。点击上方公司名可切换其他公司
Marqeta, Inc.的季度营收约是Jefferson Capital, Inc.的1.1倍（$172.1M vs $150.8M），Jefferson Capital, Inc.自由现金流更多（$63.0M vs $53.2M）
GE金融曾是通用电气旗下的金融服务分支，2013年至2021年间，其旗下多个业务单元陆续被出售，其中北美消费金融业务分拆为 Synchrony Financial 最为知名，最终仅保留GE能源金融服务部门，通用电气拆分后该部门被划归GE Vernova。
Marqeta, Inc.运营云原生开放API平台，提供现代发卡与数字支付处理服务，可赋能金融科技初创企业、大型零售商及企业客户推出定制化实体、虚拟支付卡及嵌入式金融解决方案，服务覆盖全球消费及商业市场。
JCAP vs MQ — 直观对比
营收规模更大
MQ
是对方的1.1倍
$150.8M
自由现金流更多
JCAP
多$9.8M
$53.2M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $150.8M | $172.1M |
| 净利润 | $38.4M | — |
| 毛利率 | — | 69.7% |
| 营业利润率 | 46.4% | -4.8% |
| 净利率 | 25.4% | — |
| 营收同比 | — | 26.7% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.59 | — |
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JCAPMQ
| Q4 25 | — | $172.1M | ||
| Q3 25 | $150.8M | $163.3M | ||
| Q2 25 | $152.7M | $150.4M | ||
| Q1 25 | — | $139.1M | ||
| Q4 24 | — | $135.8M | ||
| Q3 24 | — | $128.0M | ||
| Q2 24 | — | $125.3M | ||
| Q1 24 | — | $118.0M |
净利润JCAPMQ
| Q4 25 | — | — | ||
| Q3 25 | $38.4M | $-3.6M | ||
| Q2 25 | $47.7M | $-647.0K | ||
| Q1 25 | — | $-8.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-28.6M | ||
| Q2 24 | — | $119.1M | ||
| Q1 24 | — | $-36.1M |
毛利率JCAPMQ
| Q4 25 | — | 69.7% | ||
| Q3 25 | — | 70.1% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | — | 71.0% | ||
| Q4 24 | — | 72.3% | ||
| Q3 24 | — | 70.4% | ||
| Q2 24 | — | 63.3% | ||
| Q1 24 | — | 71.3% |
营业利润率JCAPMQ
| Q4 25 | — | -4.8% | ||
| Q3 25 | 46.4% | -6.4% | ||
| Q2 25 | 56.7% | -6.1% | ||
| Q1 25 | — | -13.3% | ||
| Q4 24 | — | -27.6% | ||
| Q3 24 | — | -33.0% | ||
| Q2 24 | — | 83.9% | ||
| Q1 24 | — | -42.3% |
净利率JCAPMQ
| Q4 25 | — | — | ||
| Q3 25 | 25.4% | -2.2% | ||
| Q2 25 | 31.2% | -0.4% | ||
| Q1 25 | — | -5.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -22.4% | ||
| Q2 24 | — | 95.1% | ||
| Q1 24 | — | -30.6% |
每股收益（稀释后）JCAPMQ
| Q4 25 | — | — | ||
| Q3 25 | $0.59 | — | ||
| Q2 25 | $16.76 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $42.3M | $709.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $437.4M | $762.0M |
| 总资产 | $1.8B | $1.5B |
| 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JCAPMQ
| Q4 25 | — | $709.4M | ||
| Q3 25 | $42.3M | $747.2M | ||
| Q2 25 | $51.7M | $732.7M | ||
| Q1 25 | — | $830.9M | ||
| Q4 24 | — | $923.0M | ||
| Q3 24 | — | $886.4M | ||
| Q2 24 | — | $924.7M | ||
| Q1 24 | — | $970.4M |
股东权益JCAPMQ
| Q4 25 | — | $762.0M | ||
| Q3 25 | $437.4M | $839.2M | ||
| Q2 25 | $410.8M | $843.4M | ||
| Q1 25 | — | $987.3M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.2B |
总资产JCAPMQ
| Q4 25 | — | $1.5B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.6B |
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 | $63.1M | $53.3M |
| 自由现金流经营现金流 - 资本支出 | $63.0M | $53.2M |
| 自由现金流率自由现金流/营收 | 41.7% | 30.9% |
| 资本支出强度资本支出/营收 | 0.1% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.64× | — |
| 过去12个月自由现金流最近4个季度 | — | $160.5M |
8季度趋势，按日历期对齐
经营现金流JCAPMQ
| Q4 25 | — | $53.3M | ||
| Q3 25 | $63.1M | $86.8M | ||
| Q2 25 | $130.6M | $12.5M | ||
| Q1 25 | — | $10.0M | ||
| Q4 24 | — | $24.8M | ||
| Q3 24 | — | $7.3M | ||
| Q2 24 | — | $25.7M | ||
| Q1 24 | — | $426.0K |
自由现金流JCAPMQ
| Q4 25 | — | $53.2M | ||
| Q3 25 | $63.0M | $86.4M | ||
| Q2 25 | $130.0M | $12.2M | ||
| Q1 25 | — | $8.7M | ||
| Q4 24 | — | $24.7M | ||
| Q3 24 | — | $7.1M | ||
| Q2 24 | — | $24.7M | ||
| Q1 24 | — | $-765.0K |
自由现金流率JCAPMQ
| Q4 25 | — | 30.9% | ||
| Q3 25 | 41.7% | 52.9% | ||
| Q2 25 | 85.1% | 8.1% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 19.7% | ||
| Q1 24 | — | -0.6% |
资本支出强度JCAPMQ
| Q4 25 | — | 0.1% | ||
| Q3 25 | 0.1% | 0.2% | ||
| Q2 25 | 0.4% | 0.2% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 1.0% |
现金转化率JCAPMQ
| Q4 25 | — | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 2.74× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.22× | ||
| 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
JCAP
| United States Segment | $108.1M | 72% |
| Other | $35.8M | 24% |
| United Kingdom Segment | $6.9M | 5% |
MQ
| Platform Service Revenue Net | $163.4M | 95% |
| Other Services Revenue | $8.8M | 5% |
