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Lemonade, Inc.（LMND）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
Lemonade, Inc.的季度营收约是LiveRamp Holdings, Inc.的1.1倍（$228.1M vs $212.2M），LiveRamp Holdings, Inc.净利率更高（18.8% vs -9.5%，领先28.3%），Lemonade, Inc.同比增速更快（53.3% vs 8.6%），过去两年Lemonade, Inc.的营收复合增速更高（38.4% vs 11.1%）
Lemonade, Inc.是一家总部位于美国纽约的保险公司，在美国市场提供租客险、房屋险、车险、宠物险及定期寿险，在德国、荷兰推出财产及责任保险，法国市场提供租客险，当前拥有约290万用户，采用人工智能及聊天机器人替代人工处理理赔申请。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
LMND vs RAMP — 直观对比
营收规模更大
LMND
是对方的1.1倍
$212.2M
营收增速更快
LMND
高出44.7%
8.6%
净利率更高
RAMP
高出28.3%
-9.5%
两年增速更快
LMND
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $228.1M | $212.2M |
| 净利润 | $-21.7M | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | -9.0% | 18.6% |
| 净利率 | -9.5% | 18.8% |
| 营收同比 | 53.3% | 8.6% |
| 净利润同比 | 27.7% | 255.7% |
| 每股收益（稀释后） | $-0.27 | $0.62 |
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LMNDRAMP
| Q4 25 | $228.1M | $212.2M | ||
| Q3 25 | $194.5M | $199.8M | ||
| Q2 25 | $164.1M | $194.8M | ||
| Q1 25 | $151.2M | $188.7M | ||
| Q4 24 | $148.8M | $195.4M | ||
| Q3 24 | $136.6M | $185.5M | ||
| Q2 24 | $122.0M | $176.0M | ||
| Q1 24 | $119.1M | $171.9M |
净利润LMNDRAMP
| Q4 25 | $-21.7M | $39.9M | ||
| Q3 25 | $-37.5M | $27.4M | ||
| Q2 25 | $-43.9M | $7.7M | ||
| Q1 25 | $-62.4M | $-6.3M | ||
| Q4 24 | $-30.0M | $11.2M | ||
| Q3 24 | $-67.7M | $1.7M | ||
| Q2 24 | $-57.2M | $-7.5M | ||
| Q1 24 | $-47.3M | $-5.4M |
毛利率LMNDRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率LMNDRAMP
| Q4 25 | -9.0% | 18.6% | ||
| Q3 25 | -18.7% | 10.7% | ||
| Q2 25 | -26.0% | 3.7% | ||
| Q1 25 | -40.6% | -6.1% | ||
| Q4 24 | -25.4% | 7.5% | ||
| Q3 24 | -48.2% | 4.0% | ||
| Q2 24 | -45.2% | -3.0% | ||
| Q1 24 | -38.0% | -8.3% |
净利率LMNDRAMP
| Q4 25 | -9.5% | 18.8% | ||
| Q3 25 | -19.3% | 13.7% | ||
| Q2 25 | -26.8% | 4.0% | ||
| Q1 25 | -41.3% | -3.3% | ||
| Q4 24 | -20.2% | 5.7% | ||
| Q3 24 | -49.6% | 0.9% | ||
| Q2 24 | -46.9% | -4.3% | ||
| Q1 24 | -39.7% | -3.1% |
每股收益（稀释后）LMNDRAMP
| Q4 25 | $-0.27 | $0.62 | ||
| Q3 25 | $-0.51 | $0.42 | ||
| Q2 25 | $-0.60 | $0.12 | ||
| Q1 25 | $-0.86 | $-0.10 | ||
| Q4 24 | $-0.42 | $0.17 | ||
| Q3 24 | $-0.95 | $0.03 | ||
| Q2 24 | $-0.81 | $-0.11 | ||
| Q1 24 | $-0.67 | $-0.09 |
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 | $399.1M | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $533.6M | $962.3M |
| 总资产 | $1.9B | $1.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LMNDRAMP
| Q4 25 | $399.1M | $403.4M | ||
| Q3 25 | $369.4M | $376.9M | ||
| Q2 25 | $398.8M | $371.1M | ||
| Q1 25 | $329.7M | $420.8M | ||
| Q4 24 | $403.5M | $384.3M | ||
| Q3 24 | $360.9M | $348.4M | ||
| Q2 24 | $387.2M | $342.7M | ||
| Q1 24 | $300.8M | $368.9M |
股东权益LMNDRAMP
| Q4 25 | $533.6M | $962.3M | ||
| Q3 25 | $516.2M | $943.8M | ||
| Q2 25 | $527.1M | $947.8M | ||
| Q1 25 | $545.5M | $948.9M | ||
| Q4 24 | $593.4M | $957.7M | ||
| Q3 24 | $593.0M | $932.1M | ||
| Q2 24 | $635.2M | $951.9M | ||
| Q1 24 | $676.4M | $949.1M |
总资产LMNDRAMP
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.6B | $1.2B |
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 | $-16.5M | — |
| 自由现金流经营现金流 - 资本支出 | $-25.9M | — |
| 自由现金流率自由现金流/营收 | -11.4% | — |
| 资本支出强度资本支出/营收 | 4.1% | 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 | $-69.4M | — |
8季度趋势，按日历期对齐
经营现金流LMNDRAMP
| Q4 25 | $-16.5M | — | ||
| Q3 25 | $4.5M | $57.4M | ||
| Q2 25 | $5.5M | $-15.8M | ||
| Q1 25 | $-47.2M | — | ||
| Q4 24 | $-11.4M | $45.1M | ||
| Q3 24 | $16.3M | $55.6M | ||
| Q2 24 | $-11.7M | $-9.3M | ||
| Q1 24 | $-29.8M | — |
自由现金流LMNDRAMP
| Q4 25 | $-25.9M | — | ||
| Q3 25 | $2.6M | $56.8M | ||
| Q2 25 | $3.4M | $-16.2M | ||
| Q1 25 | $-49.5M | — | ||
| Q4 24 | $-20.8M | $44.8M | ||
| Q3 24 | $14.1M | $55.4M | ||
| Q2 24 | $-13.2M | $-9.6M | ||
| Q1 24 | $-32.3M | — |
自由现金流率LMNDRAMP
| Q4 25 | -11.4% | — | ||
| Q3 25 | 1.3% | 28.4% | ||
| Q2 25 | 2.1% | -8.3% | ||
| Q1 25 | -32.7% | — | ||
| Q4 24 | -14.0% | 22.9% | ||
| Q3 24 | 10.3% | 29.8% | ||
| Q2 24 | -10.8% | -5.4% | ||
| Q1 24 | -27.1% | — |
资本支出强度LMNDRAMP
| Q4 25 | 4.1% | 0.1% | ||
| Q3 25 | 1.0% | 0.3% | ||
| Q2 25 | 1.3% | 0.2% | ||
| Q1 25 | 1.5% | 0.2% | ||
| Q4 24 | 6.3% | 0.1% | ||
| Q3 24 | 1.6% | 0.1% | ||
| Q2 24 | 1.2% | 0.1% | ||
| Q1 24 | 2.1% | 1.0% |
现金转化率LMNDRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 32.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
