vs
LandBridge Co LLC（LB）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是LandBridge Co LLC的1.4倍（$78.6M vs $56.8M），LandBridge Co LLC净利率更高（14.2% vs -178.3%，领先192.5%），LandBridge Co LLC同比增速更快（55.6% vs 0.4%），LandBridge Co LLC自由现金流更多（$122.0M vs $23.2M），过去两年LandBridge Co LLC的营收复合增速更高（72.8% vs -1.3%）
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
LB vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.4倍
$56.8M
营收增速更快
LB
高出55.2%
0.4%
净利率更高
LB
高出192.5%
-178.3%
自由现金流更多
LB
多$98.8M
$23.2M
两年增速更快
LB
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $56.8M | $78.6M |
| 净利润 | $8.1M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 60.0% | -182.2% |
| 净利率 | 14.2% | -178.3% |
| 营收同比 | 55.6% | 0.4% |
| 净利润同比 | -83.7% | -3304.1% |
| 每股收益（稀释后） | $0.24 | $-1.68 |
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LBRPAY
| Q4 25 | $56.8M | $78.6M | ||
| Q3 25 | $50.8M | $77.7M | ||
| Q2 25 | $47.5M | $75.6M | ||
| Q1 25 | $44.0M | $77.3M | ||
| Q4 24 | $36.5M | $78.3M | ||
| Q3 24 | $28.5M | $79.1M | ||
| Q2 24 | $26.0M | $74.9M | ||
| Q1 24 | $19.0M | $80.7M |
净利润LBRPAY
| Q4 25 | $8.1M | $-140.1M | ||
| Q3 25 | $8.1M | $-6.4M | ||
| Q2 25 | $7.5M | $-102.3M | ||
| Q1 25 | $6.5M | $-7.9M | ||
| Q4 24 | $49.3M | $-4.1M | ||
| Q3 24 | $2.7M | $3.2M | ||
| Q2 24 | $-57.7M | $-4.1M | ||
| Q1 24 | $10.8M | $-5.2M |
毛利率LBRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率LBRPAY
| Q4 25 | 60.0% | -182.2% | ||
| Q3 25 | 60.8% | -3.9% | ||
| Q2 25 | 60.0% | -138.7% | ||
| Q1 25 | 57.0% | -4.7% | ||
| Q4 24 | 49.4% | -1.5% | ||
| Q3 24 | 11.2% | -0.9% | ||
| Q2 24 | -197.4% | -4.6% | ||
| Q1 24 | 71.1% | -3.1% |
净利率LBRPAY
| Q4 25 | 14.2% | -178.3% | ||
| Q3 25 | 15.9% | -8.3% | ||
| Q2 25 | 15.8% | -135.2% | ||
| Q1 25 | 14.7% | -10.3% | ||
| Q4 24 | 135.2% | -5.3% | ||
| Q3 24 | 9.3% | 4.1% | ||
| Q2 24 | -222.1% | -5.4% | ||
| Q1 24 | 56.7% | -6.5% |
每股收益（稀释后）LBRPAY
| Q4 25 | $0.24 | $-1.68 | ||
| Q3 25 | $0.26 | $-0.08 | ||
| Q2 25 | $0.24 | $-1.15 | ||
| Q1 25 | $0.20 | $-0.09 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | $-0.04 | $0.03 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.06 |
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 | $30.7M | $115.7M |
| 总债务越低越好 | $570.7M | $280.1M |
| 股东权益账面价值 | $340.3M | $484.4M |
| 总资产 | $1.4B | $1.2B |
| 负债/权益比越低杠杆越低 | 1.68× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资LBRPAY
| Q4 25 | $30.7M | $115.7M | ||
| Q3 25 | $28.3M | $95.7M | ||
| Q2 25 | $20.3M | $162.6M | ||
| Q1 25 | $14.9M | $165.5M | ||
| Q4 24 | $37.0M | $189.5M | ||
| Q3 24 | $14.4M | $168.7M | ||
| Q2 24 | $24.6M | $147.1M | ||
| Q1 24 | — | $128.3M |
总债务LBRPAY
| Q4 25 | $570.7M | $280.1M | ||
| Q3 25 | $366.1M | $279.5M | ||
| Q2 25 | $370.9M | $279.0M | ||
| Q1 25 | $375.5M | $497.6M | ||
| Q4 24 | $385.5M | $496.8M | ||
| Q3 24 | $242.4M | $496.2M | ||
| Q2 24 | $360.8M | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益LBRPAY
| Q4 25 | $340.3M | $484.4M | ||
| Q3 25 | $272.0M | $616.9M | ||
| Q2 25 | $266.4M | $633.7M | ||
| Q1 25 | $217.0M | $755.7M | ||
| Q4 24 | $211.8M | $761.3M | ||
| Q3 24 | $97.2M | $754.7M | ||
| Q2 24 | $296.4M | $815.4M | ||
| Q1 24 | $162.3M | $813.8M |
总资产LBRPAY
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.0B | $1.6B | ||
| Q3 24 | $689.9M | $1.6B | ||
| Q2 24 | $710.5M | $1.5B | ||
| Q1 24 | — | $1.5B |
负债/权益比LBRPAY
| Q4 25 | 1.68× | 0.58× | ||
| Q3 25 | 1.35× | 0.45× | ||
| Q2 25 | 1.39× | 0.44× | ||
| Q1 25 | 1.73× | 0.66× | ||
| Q4 24 | 1.82× | 0.65× | ||
| Q3 24 | 2.49× | 0.66× | ||
| Q2 24 | 1.22× | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $126.3M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $122.0M | $23.2M |
| 自由现金流率自由现金流/营收 | 214.9% | 29.6% |
| 资本支出强度资本支出/营收 | 7.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 15.68× | — |
| 过去12个月自由现金流最近4个季度 | $207.7M | $90.7M |
8季度趋势，按日历期对齐
经营现金流LBRPAY
| Q4 25 | $126.3M | $23.3M | ||
| Q3 25 | $34.9M | $32.2M | ||
| Q2 25 | $37.3M | $33.1M | ||
| Q1 25 | $15.9M | $2.5M | ||
| Q4 24 | $67.6M | $34.3M | ||
| Q3 24 | $7.5M | $60.1M | ||
| Q2 24 | $16.0M | $31.0M | ||
| Q1 24 | $17.2M | $24.8M |
自由现金流LBRPAY
| Q4 25 | $122.0M | $23.2M | ||
| Q3 25 | $33.7M | $32.1M | ||
| Q2 25 | $36.1M | $33.0M | ||
| Q1 25 | $15.8M | $2.4M | ||
| Q4 24 | $66.7M | $34.0M | ||
| Q3 24 | $7.1M | $59.8M | ||
| Q2 24 | $15.7M | $30.5M | ||
| Q1 24 | $17.1M | $24.7M |
自由现金流率LBRPAY
| Q4 25 | 214.9% | 29.6% | ||
| Q3 25 | 66.3% | 41.3% | ||
| Q2 25 | 75.9% | 43.6% | ||
| Q1 25 | 36.0% | 3.0% | ||
| Q4 24 | 182.6% | 43.5% | ||
| Q3 24 | 25.1% | 75.6% | ||
| Q2 24 | 60.4% | 40.7% | ||
| Q1 24 | 90.1% | 30.6% |
资本支出强度LBRPAY
| Q4 25 | 7.5% | 0.1% | ||
| Q3 25 | 2.3% | 0.2% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 0.2% | 0.2% | ||
| Q4 24 | 2.7% | 0.3% | ||
| Q3 24 | 1.1% | 0.3% | ||
| Q2 24 | 1.4% | 0.6% | ||
| Q1 24 | 0.5% | 0.1% |
现金转化率LBRPAY
| Q4 25 | 15.68× | — | ||
| Q3 25 | 4.31× | — | ||
| Q2 25 | 4.98× | — | ||
| Q1 25 | 2.46× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 2.80× | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.60× | — |
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
LB
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
