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Lyft, Inc.（LYFT）与维多利亚的秘密（VSCO）财务数据对比。点击上方公司名可切换其他公司
Lyft, Inc.的季度营收约是维多利亚的秘密的1.0倍（$1.5B vs $1.5B），Lyft, Inc.净利率更高（183.9% vs -2.5%，领先186.5%），维多利亚的秘密同比增速更快（9.3% vs 3.6%），过去两年Lyft, Inc.的营收复合增速更高（11.3% vs -15.9%）
Lyft是美国仅次于优步的第二大网约车企业，在美国、加拿大提供网约车、电动滑板车及共享单车服务，还通过Free Now应用覆盖欧洲市场，目前拥有2500万活跃乘客，日均完成900万次出行订单。
维多利亚的秘密是美国知名内衣、服饰及美妆零售商，1977年由斯坦福大学研究生罗伊·雷蒙德与妻子盖伊共同创立，1982年旗下5家内衣门店被莱斯·韦克斯纳收购。韦克斯纳随后快速将门店布局到全美各大购物中心，到90年代初已在全国拥有350家门店，销售额达10亿美元，成为美国最大的内衣零售商。
LYFT vs VSCO — 直观对比
营收规模更大
LYFT
是对方的1.0倍
$1.5B
营收增速更快
VSCO
高出5.7%
3.6%
净利率更高
LYFT
高出186.5%
-2.5%
两年增速更快
LYFT
近两年复合增速
-15.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $2.8B | $-37.0M |
| 毛利率 | 35.1% | 36.4% |
| 营业利润率 | -12.4% | -1.3% |
| 净利率 | 183.9% | -2.5% |
| 营收同比 | 3.6% | 9.3% |
| 净利润同比 | 4363.0% | 33.9% |
| 每股收益（稀释后） | $6.59 | $-0.46 |
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LYFTVSCO
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.2B | $2.1B |
净利润LYFTVSCO
| Q4 25 | $2.8B | $-37.0M | ||
| Q3 25 | $46.1M | $16.0M | ||
| Q2 25 | $40.3M | $-2.0M | ||
| Q1 25 | $2.6M | $193.0M | ||
| Q4 24 | $61.7M | $-56.0M | ||
| Q3 24 | $-12.4M | $32.0M | ||
| Q2 24 | $5.0M | $-4.0M | ||
| Q1 24 | $-31.5M | $180.0M |
毛利率LYFTVSCO
| Q4 25 | 35.1% | 36.4% | ||
| Q3 25 | 40.0% | 35.6% | ||
| Q2 25 | 36.7% | 35.0% | ||
| Q1 25 | 37.2% | 38.6% | ||
| Q4 24 | 39.5% | 34.7% | ||
| Q3 24 | 36.0% | 35.4% | ||
| Q2 24 | 38.0% | 36.9% | ||
| Q1 24 | 37.6% | 39.7% |
营业利润率LYFTVSCO
| Q4 25 | -12.4% | -1.3% | ||
| Q3 25 | 1.5% | 2.8% | ||
| Q2 25 | 0.2% | 1.5% | ||
| Q1 25 | -2.1% | 12.8% | ||
| Q4 24 | 1.9% | -3.5% | ||
| Q3 24 | -4.1% | 4.4% | ||
| Q2 24 | -2.1% | 1.9% | ||
| Q1 24 | -5.2% | 12.4% |
净利率LYFTVSCO
| Q4 25 | 183.9% | -2.5% | ||
| Q3 25 | 3.0% | 1.1% | ||
| Q2 25 | 2.7% | -0.1% | ||
| Q1 25 | 0.2% | 9.2% | ||
| Q4 24 | 4.3% | -4.2% | ||
| Q3 24 | -0.9% | 2.3% | ||
| Q2 24 | 0.4% | -0.3% | ||
| Q1 24 | -2.6% | 8.6% |
每股收益（稀释后）LYFTVSCO
| Q4 25 | $6.59 | $-0.46 | ||
| Q3 25 | $0.11 | $0.20 | ||
| Q2 25 | $0.10 | $-0.02 | ||
| Q1 25 | $0.01 | $2.41 | ||
| Q4 24 | $0.16 | $-0.71 | ||
| Q3 24 | $-0.03 | $0.40 | ||
| Q2 24 | $0.01 | $-0.05 | ||
| Q1 24 | $-0.08 | $2.32 |
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 | $1.8B | $249.0M |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $3.3B | $653.0M |
| 总资产 | $9.0B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.32× | — |
8季度趋势，按日历期对齐
现金及短期投资LYFTVSCO
| Q4 25 | $1.8B | $249.0M | ||
| Q3 25 | $2.0B | $188.0M | ||
| Q2 25 | $1.8B | $138.0M | ||
| Q1 25 | $2.2B | $227.0M | ||
| Q4 24 | $2.0B | $161.0M | ||
| Q3 24 | $1.9B | $169.0M | ||
| Q2 24 | $1.8B | $105.0M | ||
| Q1 24 | $1.7B | $270.0M |
总债务LYFTVSCO
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $573.2M | — | ||
| Q1 25 | $979.9M | — | ||
| Q4 24 | $995.0M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $971.5M | — |
股东权益LYFTVSCO
| Q4 25 | $3.3B | $653.0M | ||
| Q3 25 | $573.0M | $680.0M | ||
| Q2 25 | $732.7M | $645.0M | ||
| Q1 25 | $838.1M | $640.0M | ||
| Q4 24 | $767.0M | $429.0M | ||
| Q3 24 | $655.8M | $472.0M | ||
| Q2 24 | $577.6M | $423.0M | ||
| Q1 24 | $491.3M | $417.0M |
总资产LYFTVSCO
| Q4 25 | $9.0B | $5.1B | ||
| Q3 25 | $5.9B | $4.8B | ||
| Q2 25 | $5.4B | $4.6B | ||
| Q1 25 | $5.7B | $4.5B | ||
| Q4 24 | $5.4B | $4.9B | ||
| Q3 24 | $5.3B | $4.6B | ||
| Q2 24 | $5.0B | $4.4B | ||
| Q1 24 | $4.8B | $4.6B |
负债/权益比LYFTVSCO
| Q4 25 | 0.32× | — | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 0.78× | — | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 1.53× | — | ||
| Q2 24 | 1.74× | — | ||
| Q1 24 | 1.98× | — |
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 | $246.2M | $-180.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-232.0M |
| 自由现金流率自由现金流/营收 | — | -15.8% |
| 资本支出强度资本支出/营收 | — | 3.5% |
| 现金转化率经营现金流/净利润 | 0.09× | — |
| 过去12个月自由现金流最近4个季度 | — | $309.0M |
8季度趋势，按日历期对齐
经营现金流LYFTVSCO
| Q4 25 | $246.2M | $-180.0M | ||
| Q3 25 | $291.3M | $156.0M | ||
| Q2 25 | $343.7M | $-150.0M | ||
| Q1 25 | $287.2M | $674.0M | ||
| Q4 24 | $153.4M | $-248.0M | ||
| Q3 24 | $264.0M | $115.0M | ||
| Q2 24 | $276.2M | $-116.0M | ||
| Q1 24 | $156.2M | $589.0M |
自由现金流LYFTVSCO
| Q4 25 | — | $-232.0M | ||
| Q3 25 | — | $88.0M | ||
| Q2 25 | — | $-193.0M | ||
| Q1 25 | — | $646.0M | ||
| Q4 24 | — | $-299.0M | ||
| Q3 24 | — | $55.0M | ||
| Q2 24 | — | $-155.0M | ||
| Q1 24 | — | $557.0M |
自由现金流率LYFTVSCO
| Q4 25 | — | -15.8% | ||
| Q3 25 | — | 6.0% | ||
| Q2 25 | — | -14.3% | ||
| Q1 25 | — | 30.7% | ||
| Q4 24 | — | -22.2% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | -11.4% | ||
| Q1 24 | — | 26.7% |
资本支出强度LYFTVSCO
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 1.5% |
现金转化率LYFTVSCO
| Q4 25 | 0.09× | — | ||
| Q3 25 | 6.32× | 9.75× | ||
| Q2 25 | 8.53× | — | ||
| Q1 25 | 111.89× | 3.49× | ||
| Q4 24 | 2.48× | — | ||
| Q3 24 | — | 3.59× | ||
| Q2 24 | 55.09× | — | ||
| Q1 24 | — | 3.27× |
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
LYFT
暂无分部数据
VSCO
| Sales Channel North America Stores | $778.0M | 53% |
| Sales Channel Directly To Consumer | $429.0M | 29% |
| Sales Channel International | $265.0M | 18% |
| Sales Channel Loyalty And Private Label Credit Card | $19.0M | 1% |
