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Leslie's, Inc.（LESL）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
Leslie's, Inc.的季度营收约是Repay Holdings Corp的1.9倍（$147.1M vs $78.6M），Leslie's, Inc.净利率更高（-56.4% vs -178.3%，领先121.9%），Repay Holdings Corp同比增速更快（0.4% vs -16.0%），Repay Holdings Corp自由现金流更多（$23.2M vs $-85.5M），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% vs -11.7%）
莱斯利公司（Leslie's, Inc.）主营游泳池相关用品零售，旗下运营莱斯利游泳池用品品牌，是全球规模最大的游泳池用品零售商。公司总部坐落于美国亚利桑那州凤凰城，在亚利桑那、加利福尼亚、佛罗里达、佐治亚及得克萨斯等州拥有极强的零售布局优势。
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。
LESL vs RPAY — 直观对比
营收规模更大
LESL
是对方的1.9倍
$78.6M
营收增速更快
RPAY
高出16.4%
-16.0%
净利率更高
LESL
高出121.9%
-178.3%
自由现金流更多
RPAY
多$108.7M
$-85.5M
两年增速更快
RPAY
近两年复合增速
-11.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $147.1M | $78.6M |
| 净利润 | $-83.0M | $-140.1M |
| 毛利率 | 18.4% | 74.2% |
| 营业利润率 | -46.7% | -182.2% |
| 净利率 | -56.4% | -178.3% |
| 营收同比 | -16.0% | 0.4% |
| 净利润同比 | -86.2% | -3304.1% |
| 每股收益（稀释后） | $-8.92 | $-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LESLRPAY
| Q1 26 | $147.1M | — | ||
| Q4 25 | $389.2M | $78.6M | ||
| Q3 25 | — | $77.7M | ||
| Q2 25 | $500.3M | $75.6M | ||
| Q1 25 | $177.1M | $77.3M | ||
| Q4 24 | $175.2M | $78.3M | ||
| Q3 24 | $397.9M | $79.1M | ||
| Q2 24 | $569.6M | $74.9M |
净利润LESLRPAY
| Q1 26 | $-83.0M | — | ||
| Q4 25 | $-162.8M | $-140.1M | ||
| Q3 25 | — | $-6.4M | ||
| Q2 25 | $21.7M | $-102.3M | ||
| Q1 25 | $-51.3M | $-7.9M | ||
| Q4 24 | $-44.6M | $-4.1M | ||
| Q3 24 | $-9.9M | $3.2M | ||
| Q2 24 | $60.6M | $-4.1M |
毛利率LESLRPAY
| Q1 26 | 18.4% | — | ||
| Q4 25 | 38.6% | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | 39.6% | 75.7% | ||
| Q1 25 | 24.8% | 75.9% | ||
| Q4 24 | 27.2% | 76.3% | ||
| Q3 24 | 36.0% | 77.8% | ||
| Q2 24 | 40.2% | 78.2% |
营业利润率LESLRPAY
| Q1 26 | -46.7% | — | ||
| Q4 25 | -38.6% | -182.2% | ||
| Q3 25 | — | -3.9% | ||
| Q2 25 | 13.7% | -138.7% | ||
| Q1 25 | -27.3% | -4.7% | ||
| Q4 24 | -22.7% | -1.5% | ||
| Q3 24 | 6.6% | -0.9% | ||
| Q2 24 | 17.2% | -4.6% |
净利率LESLRPAY
| Q1 26 | -56.4% | — | ||
| Q4 25 | -41.8% | -178.3% | ||
| Q3 25 | — | -8.3% | ||
| Q2 25 | 4.3% | -135.2% | ||
| Q1 25 | -29.0% | -10.3% | ||
| Q4 24 | -25.4% | -5.3% | ||
| Q3 24 | -2.5% | 4.1% | ||
| Q2 24 | 10.6% | -5.4% |
每股收益（稀释后）LESLRPAY
| Q1 26 | $-8.92 | — | ||
| Q4 25 | $-20.59 | $-1.68 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | $0.12 | $-1.15 | ||
| Q1 25 | $-0.28 | $-0.09 | ||
| Q4 24 | $-4.82 | $-0.04 | ||
| Q3 24 | $-2.46 | $0.03 | ||
| Q2 24 | $0.33 | $-0.04 |
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 | $3.6M | $115.7M |
| 总债务越低越好 | $781.6M | $280.1M |
| 股东权益账面价值 | $-489.9M | $484.4M |
| 总资产 | $649.4M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资LESLRPAY
| Q1 26 | $3.6M | — | ||
| Q4 25 | $64.3M | $115.7M | ||
| Q3 25 | — | $95.7M | ||
| Q2 25 | $42.7M | $162.6M | ||
| Q1 25 | $17.3M | $165.5M | ||
| Q4 24 | $11.6M | $189.5M | ||
| Q3 24 | $108.5M | $168.7M | ||
| Q2 24 | $74.4M | $147.1M |
总债务LESLRPAY
| Q1 26 | $781.6M | — | ||
| Q4 25 | $756.6M | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | $776.6M | $279.0M | ||
| Q1 25 | $858.1M | $497.6M | ||
| Q4 24 | $796.6M | $496.8M | ||
| Q3 24 | $783.7M | $496.2M | ||
| Q2 24 | $783.7M | $435.6M |
股东权益LESLRPAY
| Q1 26 | $-489.9M | — | ||
| Q4 25 | $-408.0M | $484.4M | ||
| Q3 25 | — | $616.9M | ||
| Q2 25 | $-246.2M | $633.7M | ||
| Q1 25 | $-269.5M | $755.7M | ||
| Q4 24 | $-220.0M | $761.3M | ||
| Q3 24 | $-177.1M | $754.7M | ||
| Q2 24 | $-168.2M | $815.4M |
总资产LESLRPAY
| Q1 26 | $649.4M | — | ||
| Q4 25 | $741.5M | $1.2B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $989.5M | $1.4B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $967.0M | $1.6B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.1B | $1.5B |
负债/权益比LESLRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 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 | $-81.1M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-85.5M | $23.2M |
| 自由现金流率自由现金流/营收 | -58.1% | 29.6% |
| 资本支出强度资本支出/营收 | 2.9% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $7.6M | $90.7M |
8季度趋势，按日历期对齐
经营现金流LESLRPAY
| Q1 26 | $-81.1M | — | ||
| Q4 25 | $48.2M | $23.3M | ||
| Q3 25 | — | $32.2M | ||
| Q2 25 | $114.9M | $33.1M | ||
| Q1 25 | $-49.2M | $2.5M | ||
| Q4 24 | $-105.1M | $34.3M | ||
| Q3 24 | $47.1M | $60.1M | ||
| Q2 24 | $175.5M | $31.0M |
自由现金流LESLRPAY
| Q1 26 | $-85.5M | — | ||
| Q4 25 | $41.8M | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | $107.1M | $33.0M | ||
| Q1 25 | $-55.8M | $2.4M | ||
| Q4 24 | $-109.8M | $34.0M | ||
| Q3 24 | $34.1M | $59.8M | ||
| Q2 24 | $165.2M | $30.5M |
自由现金流率LESLRPAY
| Q1 26 | -58.1% | — | ||
| Q4 25 | 10.7% | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | 21.4% | 43.6% | ||
| Q1 25 | -31.5% | 3.0% | ||
| Q4 24 | -62.6% | 43.5% | ||
| Q3 24 | 8.6% | 75.6% | ||
| Q2 24 | 29.0% | 40.7% |
资本支出强度LESLRPAY
| Q1 26 | 2.9% | — | ||
| Q4 25 | 1.7% | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | 1.6% | 0.1% | ||
| Q1 25 | 3.7% | 0.2% | ||
| Q4 24 | 2.7% | 0.3% | ||
| Q3 24 | 3.2% | 0.3% | ||
| Q2 24 | 1.8% | 0.6% |
现金转化率LESLRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | 2.89× | — |
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
LESL
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% |
