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Liberty Energy Inc.（LBRT）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是Liberty Energy Inc.的1.7倍（$1.7B vs $1.0B），Snap Inc净利率更高（2.6% vs 2.2%，领先0.4%），Snap Inc同比增速更快（10.2% vs 4.5%），过去两年Snap Inc的营收复合增速更高（19.9% vs -6.2%）
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
LBRT vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1.7倍
$1.0B
营收增速更快
SNAP
高出5.7%
4.5%
净利率更高
SNAP
高出0.4%
2.2%
两年增速更快
SNAP
近两年复合增速
-6.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.7B |
| 净利润 | $22.6M | $45.2M |
| 毛利率 | — | 59.1% |
| 营业利润率 | 2.2% | 2.9% |
| 净利率 | 2.2% | 2.6% |
| 营收同比 | 4.5% | 10.2% |
| 净利润同比 | 64.8% | 396.7% |
| 每股收益（稀释后） | $0.14 | $0.03 |
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LBRTSNAP
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $947.4M | $1.5B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $977.5M | $1.4B | ||
| Q4 24 | $943.6M | $1.6B | ||
| Q3 24 | $1.1B | $1.4B | ||
| Q2 24 | $1.2B | $1.2B |
净利润LBRTSNAP
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $45.2M | ||
| Q3 25 | $43.1M | $-103.5M | ||
| Q2 25 | $71.0M | $-262.6M | ||
| Q1 25 | $20.1M | $-139.6M | ||
| Q4 24 | $51.9M | $9.1M | ||
| Q3 24 | $73.8M | $-153.2M | ||
| Q2 24 | $108.4M | $-248.6M |
毛利率LBRTSNAP
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | 59.1% | ||
| Q3 25 | 18.7% | 55.3% | ||
| Q2 25 | 22.1% | 51.4% | ||
| Q1 25 | 22.1% | 53.1% | ||
| Q4 24 | 21.4% | 56.9% | ||
| Q3 24 | 26.2% | 53.5% | ||
| Q2 24 | 27.9% | 52.4% |
营业利润率LBRTSNAP
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | 2.9% | ||
| Q3 25 | -0.3% | -8.5% | ||
| Q2 25 | 3.6% | -19.3% | ||
| Q1 25 | 1.9% | -14.2% | ||
| Q4 24 | 2.6% | -1.7% | ||
| Q3 24 | 9.4% | -12.6% | ||
| Q2 24 | 12.2% | -20.5% |
净利率LBRTSNAP
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | 2.6% | ||
| Q3 25 | 4.5% | -6.9% | ||
| Q2 25 | 6.8% | -19.5% | ||
| Q1 25 | 2.1% | -10.2% | ||
| Q4 24 | 5.5% | 0.6% | ||
| Q3 24 | 6.5% | -11.2% | ||
| Q2 24 | 9.3% | -20.1% |
每股收益（稀释后）LBRTSNAP
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $0.03 | ||
| Q3 25 | $0.26 | $-0.06 | ||
| Q2 25 | $0.43 | $-0.16 | ||
| Q1 25 | $0.12 | $-0.08 | ||
| Q4 24 | $0.31 | $0.01 | ||
| Q3 24 | $0.44 | $-0.09 | ||
| Q2 24 | $0.64 | $-0.15 |
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 | $699.1M | $2.9B |
| 总债务越低越好 | $7.1M | $3.5B |
| 股东权益账面价值 | $1.9B | $2.3B |
| 总资产 | $4.4B | $7.7B |
| 负债/权益比越低杠杆越低 | 0.00× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资LBRTSNAP
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | $2.9B | ||
| Q3 25 | $13.5M | $3.0B | ||
| Q2 25 | $19.6M | $2.9B | ||
| Q1 25 | $24.1M | $3.2B | ||
| Q4 24 | $20.0M | $3.4B | ||
| Q3 24 | $23.0M | $3.2B | ||
| Q2 24 | $30.0M | $3.1B |
总债务LBRTSNAP
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $190.5M | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益LBRTSNAP
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $2.3B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.0B | $2.1B | ||
| Q1 25 | $2.0B | $2.3B | ||
| Q4 24 | $2.0B | $2.5B | ||
| Q3 24 | $2.0B | $2.2B | ||
| Q2 24 | $1.9B | $2.1B |
总资产LBRTSNAP
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $7.7B | ||
| Q3 25 | $3.5B | $7.6B | ||
| Q2 25 | $3.4B | $7.4B | ||
| Q1 25 | $3.4B | $7.6B | ||
| Q4 24 | $3.3B | $7.9B | ||
| Q3 24 | $3.3B | $7.6B | ||
| Q2 24 | $3.2B | $7.4B |
负债/权益比LBRTSNAP
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 0.10× | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $269.6M |
| 自由现金流经营现金流 - 资本支出 | — | $205.6M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | 13.1% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 5.96× |
| 过去12个月自由现金流最近4个季度 | — | $437.2M |
8季度趋势，按日历期对齐
经营现金流LBRTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $195.4M | $269.6M | ||
| Q3 25 | $51.5M | $146.5M | ||
| Q2 25 | $170.6M | $88.5M | ||
| Q1 25 | $192.1M | $151.6M | ||
| Q4 24 | $177.3M | $230.6M | ||
| Q3 24 | $244.5M | $115.9M | ||
| Q2 24 | $248.2M | $-21.4M |
自由现金流LBRTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $205.6M | ||
| Q3 25 | $-67.2M | $93.4M | ||
| Q2 25 | $33.1M | $23.8M | ||
| Q1 25 | $58.2M | $114.4M | ||
| Q4 24 | $-26.2M | $182.4M | ||
| Q3 24 | $77.9M | $71.8M | ||
| Q2 24 | $112.2M | $-73.4M |
自由现金流率LBRTSNAP
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 12.0% | ||
| Q3 25 | -7.1% | 6.2% | ||
| Q2 25 | 3.2% | 1.8% | ||
| Q1 25 | 6.0% | 8.4% | ||
| Q4 24 | -2.8% | 11.7% | ||
| Q3 24 | 6.8% | 5.2% | ||
| Q2 24 | 9.7% | -5.9% |
资本支出强度LBRTSNAP
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | 3.7% | ||
| Q3 25 | 12.5% | 3.5% | ||
| Q2 25 | 13.2% | 4.8% | ||
| Q1 25 | 13.7% | 2.7% | ||
| Q4 24 | 21.6% | 3.1% | ||
| Q3 24 | 14.6% | 3.2% | ||
| Q2 24 | 11.7% | 4.2% |
现金转化率LBRTSNAP
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | 5.96× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 2.40× | — | ||
| Q1 25 | 9.55× | — | ||
| Q4 24 | 3.42× | 25.34× | ||
| Q3 24 | 3.31× | — | ||
| Q2 24 | 2.29× | — |
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
LBRT
暂无分部数据
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
