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Liberty Broadband Corp（LBRDA）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
Liberty Broadband Corp的季度营收约是BRC Group Holdings, Inc.的1.4倍（$261.0M vs $188.3M），Liberty Broadband Corp净利率更高（146.7% vs 47.9%，领先98.8%），Liberty Broadband Corp同比增速更快（6.1% vs -21.9%），过去两年Liberty Broadband Corp的营收复合增速更高（4.3% vs -15.4%）
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
LBRDA vs RILY — 直观对比
营收规模更大
LBRDA
是对方的1.4倍
$188.3M
营收增速更快
LBRDA
高出28.0%
-21.9%
净利率更高
LBRDA
高出98.8%
47.9%
两年增速更快
LBRDA
近两年复合增速
-15.4%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $188.3M |
| 净利润 | $383.0M | $90.3M |
| 毛利率 | — | 79.5% |
| 营业利润率 | 15.7% | 32.3% |
| 净利率 | 146.7% | 47.9% |
| 营收同比 | 6.1% | -21.9% |
| 净利润同比 | 96.4% | 1710.8% |
| 每股收益（稀释后） | $2.68 | $2.78 |
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LBRDARILY
| Q4 25 | — | $188.3M | ||
| Q3 25 | — | $215.3M | ||
| Q2 25 | $261.0M | $188.2M | ||
| Q1 25 | $266.0M | $197.2M | ||
| Q4 24 | $263.0M | $241.0M | ||
| Q3 24 | $262.0M | $225.5M | ||
| Q2 24 | $246.0M | $256.0M | ||
| Q1 24 | $245.0M | $263.4M |
净利润LBRDARILY
| Q4 25 | — | $90.3M | ||
| Q3 25 | — | $91.1M | ||
| Q2 25 | $383.0M | $139.5M | ||
| Q1 25 | $268.0M | $-10.0M | ||
| Q4 24 | $291.0M | $-5.6M | ||
| Q3 24 | $142.0M | $-284.4M | ||
| Q2 24 | $195.0M | $-433.6M | ||
| Q1 24 | $241.0M | $-49.2M |
毛利率LBRDARILY
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率LBRDARILY
| Q4 25 | — | 32.3% | ||
| Q3 25 | — | 30.4% | ||
| Q2 25 | 15.7% | 5.7% | ||
| Q1 25 | 16.2% | -31.2% | ||
| Q4 24 | 4.9% | -69.2% | ||
| Q3 24 | 11.5% | -36.4% | ||
| Q2 24 | 8.5% | -90.8% | ||
| Q1 24 | 11.4% | -6.1% |
净利率LBRDARILY
| Q4 25 | — | 47.9% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | 146.7% | 74.1% | ||
| Q1 25 | 100.8% | -5.1% | ||
| Q4 24 | 110.6% | -2.3% | ||
| Q3 24 | 54.2% | -126.1% | ||
| Q2 24 | 79.3% | -169.4% | ||
| Q1 24 | 98.4% | -18.7% |
每股收益（稀释后）LBRDARILY
| Q4 25 | — | $2.78 | ||
| Q3 25 | — | $2.91 | ||
| Q2 25 | $2.68 | $4.50 | ||
| Q1 25 | $1.87 | $-0.39 | ||
| Q4 24 | $2.04 | $-0.01 | ||
| Q3 24 | $0.99 | $-9.39 | ||
| Q2 24 | $1.36 | $-14.35 | ||
| Q1 24 | $1.69 | $-1.71 |
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 | $180.0M | $226.6M |
| 总债务越低越好 | $3.1B | $1.4B |
| 股东权益账面价值 | $10.4B | $-171.5M |
| 总资产 | $16.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.30× | — |
8季度趋势，按日历期对齐
现金及短期投资LBRDARILY
| Q4 25 | — | $226.6M | ||
| Q3 25 | — | $184.2M | ||
| Q2 25 | $180.0M | $267.4M | ||
| Q1 25 | $226.0M | $138.3M | ||
| Q4 24 | $163.0M | $146.9M | ||
| Q3 24 | $168.0M | $159.2M | ||
| Q2 24 | $73.0M | $236.9M | ||
| Q1 24 | $108.0M | $190.7M |
总债务LBRDARILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $3.8B | $1.4B | ||
| Q4 24 | $3.8B | $1.5B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.6B | — |
股东权益LBRDARILY
| Q4 25 | — | $-171.5M | ||
| Q3 25 | — | $-260.5M | ||
| Q2 25 | $10.4B | $-351.7M | ||
| Q1 25 | $10.1B | $-496.8M | ||
| Q4 24 | $9.8B | $-488.2M | ||
| Q3 24 | $9.5B | $-497.6M | ||
| Q2 24 | $9.3B | $-218.3M | ||
| Q1 24 | $9.1B | $228.4M |
总资产LBRDARILY
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $16.6B | $1.5B | ||
| Q1 25 | $17.0B | $1.5B | ||
| Q4 24 | $16.7B | $1.8B | ||
| Q3 24 | $16.3B | $2.2B | ||
| Q2 24 | $16.0B | $3.2B | ||
| Q1 24 | $15.7B | $5.0B |
负债/权益比LBRDARILY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.39× | — | ||
| Q1 24 | 0.40× | — |
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 | $91.0M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | — |
| 自由现金流率自由现金流/营收 | 14.2% | — |
| 资本支出强度资本支出/营收 | 20.7% | — |
| 现金转化率经营现金流/净利润 | 0.24× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $-49.0M | — |
8季度趋势，按日历期对齐
经营现金流LBRDARILY
| Q4 25 | — | $26.2M | ||
| Q3 25 | — | $-60.6M | ||
| Q2 25 | $91.0M | $-25.6M | ||
| Q1 25 | $78.0M | $184.0K | ||
| Q4 24 | $1.0M | $-2.7M | ||
| Q3 24 | $24.0M | $19.5M | ||
| Q2 24 | $27.0M | $111.5M | ||
| Q1 24 | $52.0M | $135.4M |
自由现金流LBRDARILY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $37.0M | — | ||
| Q1 25 | $13.0M | — | ||
| Q4 24 | $-63.0M | — | ||
| Q3 24 | $-36.0M | — | ||
| Q2 24 | $-35.0M | — | ||
| Q1 24 | $-9.0M | — |
自由现金流率LBRDARILY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | -24.0% | — | ||
| Q3 24 | -13.7% | — | ||
| Q2 24 | -14.2% | — | ||
| Q1 24 | -3.7% | — |
资本支出强度LBRDARILY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 25.2% | — | ||
| Q1 24 | 24.9% | — |
现金转化率LBRDARILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | 0.24× | -0.18× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.22× | — |
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
LBRDA
暂无分部数据
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
