vs
MARA Holdings, Inc.（MARA）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是MARA Holdings, Inc.的1.1倍（$217.4M vs $202.3M），Rapid7, Inc.净利率更高（1.4% vs -14298.3%，领先14299.7%），Rapid7, Inc.同比增速更快（0.5% vs -5.6%），Rapid7, Inc.自由现金流更多（$36.4M vs $-1.2B），过去两年MARA Holdings, Inc.的营收复合增速更高（10.7% vs 3.0%）
MARA Holdings, Inc.是一家美国数字资产技术及加密货币挖矿企业，总部位于佛罗里达州劳德代尔堡。公司成立于2010年，最初以专利控股公司的模式运营，2010年代后期转向专注于区块链基础设施与数字资产相关业务。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
MARA vs RPD — 直观对比
营收规模更大
RPD
是对方的1.1倍
$202.3M
营收增速更快
RPD
高出6.2%
-5.6%
净利率更高
RPD
高出14299.7%
-14298.3%
自由现金流更多
RPD
多$1.2B
$-1.2B
两年增速更快
MARA
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $202.3M | $217.4M |
| 净利润 | $-1.7B | $3.1M |
| 毛利率 | — | 68.9% |
| 营业利润率 | -11795.9% | 1.0% |
| 净利率 | -14298.3% | 1.4% |
| 营收同比 | -5.6% | 0.5% |
| 净利润同比 | -423.5% | 44.1% |
| 每股收益（稀释后） | $-4.25 | $0.05 |
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MARARPD
| Q4 25 | $202.3M | $217.4M | ||
| Q3 25 | $252.4M | $218.0M | ||
| Q2 25 | $238.5M | $214.2M | ||
| Q1 25 | $213.9M | $210.3M | ||
| Q4 24 | $214.4M | $216.3M | ||
| Q3 24 | $131.6M | $214.7M | ||
| Q2 24 | $145.1M | $208.0M | ||
| Q1 24 | $165.2M | $205.1M |
净利润MARARPD
| Q4 25 | $-1.7B | $3.1M | ||
| Q3 25 | $123.1M | $9.8M | ||
| Q2 25 | $808.2M | $8.3M | ||
| Q1 25 | $-533.4M | $2.1M | ||
| Q4 24 | $528.5M | $2.2M | ||
| Q3 24 | $-124.8M | $15.4M | ||
| Q2 24 | $-199.7M | $6.5M | ||
| Q1 24 | $337.2M | $1.4M |
毛利率MARARPD
| Q4 25 | — | 68.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | -2613.4% | 69.5% | ||
| Q3 24 | -1065.0% | 70.6% | ||
| Q2 24 | -587.6% | 70.7% | ||
| Q1 24 | -289.4% | 70.3% |
营业利润率MARARPD
| Q4 25 | -11795.9% | 1.0% | ||
| Q3 25 | 18.9% | 2.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | -253.0% | -0.0% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | -130.8% | 6.0% | ||
| Q2 24 | -160.1% | 2.5% | ||
| Q1 24 | — | 4.7% |
净利率MARARPD
| Q4 25 | -14298.3% | 1.4% | ||
| Q3 25 | 48.8% | 4.5% | ||
| Q2 25 | 338.9% | 3.9% | ||
| Q1 25 | -249.4% | 1.0% | ||
| Q4 24 | 5367.4% | 1.0% | ||
| Q3 24 | -94.8% | 7.2% | ||
| Q2 24 | -137.6% | 3.1% | ||
| Q1 24 | 204.1% | 0.7% |
每股收益（稀释后）MARARPD
| Q4 25 | $-4.25 | $0.05 | ||
| Q3 25 | $0.27 | $0.15 | ||
| Q2 25 | $1.84 | $0.13 | ||
| Q1 25 | $-1.55 | $0.03 | ||
| Q4 24 | $1.60 | $0.08 | ||
| Q3 24 | $-0.42 | $0.21 | ||
| Q2 24 | $-0.72 | $0.09 | ||
| Q1 24 | $1.26 | $0.02 |
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 | $547.1M | $474.7M |
| 总债务越低越好 | $3.6B | — |
| 股东权益账面价值 | $3.5B | $154.7M |
| 总资产 | $7.3B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.04× | — |
8季度趋势，按日历期对齐
现金及短期投资MARARPD
| Q4 25 | $547.1M | $474.7M | ||
| Q3 25 | $826.4M | $407.1M | ||
| Q2 25 | $109.5M | $511.7M | ||
| Q1 25 | $196.2M | $493.5M | ||
| Q4 24 | $391.8M | $521.7M | ||
| Q3 24 | $164.3M | $443.7M | ||
| Q2 24 | $256.0M | $442.6M | ||
| Q1 24 | $324.3M | $411.7M |
总债务MARARPD
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $618.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MARARPD
| Q4 25 | $3.5B | $154.7M | ||
| Q3 25 | $5.2B | $127.2M | ||
| Q2 25 | $4.8B | $90.4M | ||
| Q1 25 | $3.7B | $52.7M | ||
| Q4 24 | $4.1B | $17.7M | ||
| Q3 24 | $2.9B | $-5.1M | ||
| Q2 24 | $2.6B | $-52.6M | ||
| Q1 24 | $2.5B | $-86.4M |
总资产MARARPD
| Q4 25 | $7.3B | $1.7B | ||
| Q3 25 | $9.2B | $1.7B | ||
| Q2 25 | $7.7B | $1.6B | ||
| Q1 25 | $6.4B | $1.6B | ||
| Q4 24 | $6.8B | $1.7B | ||
| Q3 24 | $3.6B | $1.6B | ||
| Q2 24 | $3.1B | $1.5B | ||
| Q1 24 | $3.0B | $1.5B |
负债/权益比MARARPD
| Q4 25 | 1.04× | — | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.22× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-802.7M | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $36.4M |
| 自由现金流率自由现金流/营收 | -598.0% | 16.8% |
| 资本支出强度资本支出/营收 | 201.2% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $-2.0B | $146.2M |
8季度趋势，按日历期对齐
经营现金流MARARPD
| Q4 25 | $-802.7M | $37.6M | ||
| Q3 25 | $-199.0M | $39.0M | ||
| Q2 25 | $-163.4M | $47.5M | ||
| Q1 25 | $-215.5M | $29.8M | ||
| Q4 24 | $-677.0M | $63.8M | ||
| Q3 24 | $-160.1M | $44.0M | ||
| Q2 24 | $-115.2M | $32.9M | ||
| Q1 24 | $-88.3M | $31.1M |
自由现金流MARARPD
| Q4 25 | $-1.2B | $36.4M | ||
| Q3 25 | $-283.9M | $34.8M | ||
| Q2 25 | $-282.4M | $46.6M | ||
| Q1 25 | $-254.3M | $28.4M | ||
| Q4 24 | $-927.8M | $62.6M | ||
| Q3 24 | $-198.1M | $42.6M | ||
| Q2 24 | $-132.4M | $32.6M | ||
| Q1 24 | $-97.4M | $30.4M |
自由现金流率MARARPD
| Q4 25 | -598.0% | 16.8% | ||
| Q3 25 | -112.5% | 16.0% | ||
| Q2 25 | -118.4% | 21.8% | ||
| Q1 25 | -118.9% | 13.5% | ||
| Q4 24 | -432.8% | 28.9% | ||
| Q3 24 | -150.5% | 19.9% | ||
| Q2 24 | -91.2% | 15.7% | ||
| Q1 24 | -59.0% | 14.8% |
资本支出强度MARARPD
| Q4 25 | 201.2% | 0.5% | ||
| Q3 25 | 33.6% | 1.9% | ||
| Q2 25 | 49.9% | 0.4% | ||
| Q1 25 | 18.2% | 0.6% | ||
| Q4 24 | 117.0% | 0.5% | ||
| Q3 24 | 28.9% | 0.6% | ||
| Q2 24 | 11.9% | 0.1% | ||
| Q1 24 | 5.5% | 0.3% |
现金转化率MARARPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | -1.62× | 3.97× | ||
| Q2 25 | -0.20× | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | -1.28× | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | -0.26× | 22.10× |
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
MARA
暂无分部数据
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
