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KeyCorp（KEY）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
KeyCorp的季度营收约是Toast, Inc.的1.2倍（$1.9B vs $1.6B），KeyCorp净利率更高（26.8% vs 6.2%，领先20.7%），Toast, Inc.同比增速更快（22.0% vs 10.2%），过去两年Toast, Inc.的营收复合增速更高（23.3% vs 12.9%）
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
KEY vs TOST — 直观对比
营收规模更大
KEY
是对方的1.2倍
$1.6B
营收增速更快
TOST
高出11.9%
10.2%
净利率更高
KEY
高出20.7%
6.2%
两年增速更快
TOST
近两年复合增速
12.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.6B |
| 净利润 | $522.0M | $101.0M |
| 毛利率 | — | 25.9% |
| 营业利润率 | — | 5.2% |
| 净利率 | 26.8% | 6.2% |
| 营收同比 | 10.2% | 22.0% |
| 净利润同比 | 28.9% | 215.6% |
| 每股收益（稀释后） | $0.44 | $0.18 |
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KEYTOST
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.9B | $1.6B | ||
| Q2 25 | $1.8B | $1.6B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $865.0M | $1.3B | ||
| Q3 24 | $695.0M | $1.3B | ||
| Q2 24 | $1.5B | $1.2B |
净利润KEYTOST
| Q1 26 | $522.0M | — | ||
| Q4 25 | $510.0M | $101.0M | ||
| Q3 25 | $489.0M | $105.0M | ||
| Q2 25 | $425.0M | $80.0M | ||
| Q1 25 | $405.0M | $56.0M | ||
| Q4 24 | $-244.0M | $32.0M | ||
| Q3 24 | $-410.0M | $56.0M | ||
| Q2 24 | $274.0M | $14.0M |
毛利率KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 23.0% |
营业利润率KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | 32.3% | 5.2% | ||
| Q3 25 | 31.8% | 5.1% | ||
| Q2 25 | 29.3% | 5.2% | ||
| Q1 25 | 29.0% | 3.2% | ||
| Q4 24 | -92.6% | 2.5% | ||
| Q3 24 | -72.8% | 2.6% | ||
| Q2 24 | 22.0% | 0.4% |
净利率KEYTOST
| Q1 26 | 26.8% | — | ||
| Q4 25 | 25.4% | 6.2% | ||
| Q3 25 | 25.8% | 6.4% | ||
| Q2 25 | 23.1% | 5.2% | ||
| Q1 25 | 22.8% | 4.2% | ||
| Q4 24 | -54.7% | 2.4% | ||
| Q3 24 | -59.0% | 4.3% | ||
| Q2 24 | 18.0% | 1.1% |
每股收益（稀释后）KEYTOST
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.43 | $0.18 | ||
| Q3 25 | $0.41 | $0.16 | ||
| Q2 25 | $0.35 | $0.13 | ||
| Q1 25 | $0.33 | $0.09 | ||
| Q4 24 | $-0.30 | $0.09 | ||
| Q3 24 | $-0.47 | $0.07 | ||
| Q2 24 | $0.25 | $0.02 |
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 | $11.8B | $1.4B |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $20.0B | $2.1B |
| 总资产 | $188.7B | $3.1B |
| 负债/权益比越低杠杆越低 | 0.54× | — |
8季度趋势，按日历期对齐
现金及短期投资KEYTOST
| Q1 26 | $11.8B | — | ||
| Q4 25 | $10.2B | $1.4B | ||
| Q3 25 | $13.3B | $1.4B | ||
| Q2 25 | $11.6B | $1.2B | ||
| Q1 25 | $15.3B | $1.0B | ||
| Q4 24 | $17.5B | $903.0M | ||
| Q3 24 | $22.8B | $761.0M | ||
| Q2 24 | $15.5B | $691.0M |
总债务KEYTOST
| Q1 26 | $10.9B | — | ||
| Q4 25 | $9.9B | — | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | — | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — |
股东权益KEYTOST
| Q1 26 | $20.0B | — | ||
| Q4 25 | $20.4B | $2.1B | ||
| Q3 25 | $20.1B | $2.0B | ||
| Q2 25 | $19.5B | $1.8B | ||
| Q1 25 | $19.0B | $1.7B | ||
| Q4 24 | $18.2B | $1.5B | ||
| Q3 24 | $16.9B | $1.4B | ||
| Q2 24 | $14.8B | $1.3B |
总资产KEYTOST
| Q1 26 | $188.7B | — | ||
| Q4 25 | $184.4B | $3.1B | ||
| Q3 25 | $187.4B | $3.0B | ||
| Q2 25 | $185.5B | $2.8B | ||
| Q1 25 | $188.7B | $2.6B | ||
| Q4 24 | $187.2B | $2.4B | ||
| Q3 24 | $189.8B | $2.2B | ||
| Q2 24 | $187.4B | $2.2B |
负债/权益比KEYTOST
| Q1 26 | 0.54× | — | ||
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.14× | — |
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 | — | $194.0M |
| 自由现金流经营现金流 - 资本支出 | — | $178.0M |
| 自由现金流率自由现金流/营收 | — | 10.9% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.92× |
| 过去12个月自由现金流最近4个季度 | — | $608.0M |
8季度趋势，按日历期对齐
经营现金流KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $194.0M | ||
| Q3 25 | $396.0M | $165.0M | ||
| Q2 25 | $1.2B | $223.0M | ||
| Q1 25 | $-140.0M | $79.0M | ||
| Q4 24 | $664.0M | $147.0M | ||
| Q3 24 | $-1.2B | $109.0M | ||
| Q2 24 | $-217.0M | $124.0M |
自由现金流KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $178.0M | ||
| Q3 25 | $367.0M | $153.0M | ||
| Q2 25 | $1.2B | $208.0M | ||
| Q1 25 | $-150.0M | $69.0M | ||
| Q4 24 | $599.0M | $134.0M | ||
| Q3 24 | $-1.2B | $97.0M | ||
| Q2 24 | $-230.0M | $108.0M |
自由现金流率KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | 104.8% | 10.9% | ||
| Q3 25 | 19.4% | 9.4% | ||
| Q2 25 | 65.8% | 13.4% | ||
| Q1 25 | -8.5% | 5.2% | ||
| Q4 24 | 69.2% | 10.0% | ||
| Q3 24 | -175.8% | 7.4% | ||
| Q2 24 | -15.1% | 8.7% |
资本支出强度KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | 5.3% | 1.0% | ||
| Q3 25 | 1.5% | 0.7% | ||
| Q2 25 | 1.3% | 1.0% | ||
| Q1 25 | 0.6% | 0.7% | ||
| Q4 24 | 7.5% | 1.0% | ||
| Q3 24 | 2.4% | 0.9% | ||
| Q2 24 | 0.9% | 1.3% |
现金转化率KEYTOST
| Q1 26 | — | — | ||
| Q4 25 | 4.33× | 1.92× | ||
| Q3 25 | 0.81× | 1.57× | ||
| Q2 25 | 2.90× | 2.79× | ||
| Q1 25 | -0.35× | 1.41× | ||
| Q4 24 | — | 4.59× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | -0.79× | 8.86× |
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
KEY
| Net Interest Income | $1.2B | 63% |
| Noninterest Income | $723.0M | 37% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
