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Marqeta, Inc.（MQ）与REPUBLIC BANCORP INC（RBCAA）财务数据对比。点击上方公司名可切换其他公司
Marqeta, Inc.的季度营收约是REPUBLIC BANCORP INC的1.8倍（$172.1M vs $94.3M），Marqeta, Inc.同比增速更快（26.7% vs 5.3%），REPUBLIC BANCORP INC自由现金流更多（$161.1M vs $53.2M），过去两年Marqeta, Inc.的营收复合增速更高（20.8% vs -11.5%）
Marqeta, Inc.运营云原生开放API平台，提供现代发卡与数字支付处理服务，可赋能金融科技初创企业、大型零售商及企业客户推出定制化实体、虚拟支付卡及嵌入式金融解决方案，服务覆盖全球消费及商业市场。
肯塔基州共和银行是美国的一家区域性银行控股企业，提供零售及商业银行全品类服务，涵盖个人存贷款、企业融资、按揭产品及财富管理解决方案，主要服务肯塔基州及周边州的个人消费者和中小企业客户。
MQ vs RBCAA — 直观对比
营收规模更大
MQ
是对方的1.8倍
$94.3M
营收增速更快
MQ
高出21.4%
5.3%
自由现金流更多
RBCAA
多$107.9M
$53.2M
两年增速更快
MQ
近两年复合增速
-11.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.1M | $94.3M |
| 净利润 | — | $22.8M |
| 毛利率 | 69.7% | — |
| 营业利润率 | -4.8% | 29.3% |
| 净利率 | — | 24.2% |
| 营收同比 | 26.7% | 5.3% |
| 净利润同比 | — | 20.0% |
| 每股收益（稀释后） | — | — |
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MQRBCAA
| Q4 25 | $172.1M | $94.3M | ||
| Q3 25 | $163.3M | $93.5M | ||
| Q2 25 | $150.4M | $93.8M | ||
| Q1 25 | $139.1M | $135.8M | ||
| Q4 24 | $135.8M | $89.5M | ||
| Q3 24 | $128.0M | $88.1M | ||
| Q2 24 | $125.3M | $86.9M | ||
| Q1 24 | $118.0M | $120.3M |
净利润MQRBCAA
| Q4 25 | — | $22.8M | ||
| Q3 25 | $-3.6M | $29.7M | ||
| Q2 25 | $-647.0K | $31.5M | ||
| Q1 25 | $-8.3M | $47.3M | ||
| Q4 24 | — | $19.0M | ||
| Q3 24 | $-28.6M | $26.5M | ||
| Q2 24 | $119.1M | $25.2M | ||
| Q1 24 | $-36.1M | $30.6M |
毛利率MQRBCAA
| Q4 25 | 69.7% | — | ||
| Q3 25 | 70.1% | — | ||
| Q2 25 | 69.2% | — | ||
| Q1 25 | 71.0% | — | ||
| Q4 24 | 72.3% | — | ||
| Q3 24 | 70.4% | — | ||
| Q2 24 | 63.3% | — | ||
| Q1 24 | 71.3% | — |
营业利润率MQRBCAA
| Q4 25 | -4.8% | 29.3% | ||
| Q3 25 | -6.4% | 40.4% | ||
| Q2 25 | -6.1% | 43.0% | ||
| Q1 25 | -13.3% | 44.1% | ||
| Q4 24 | -27.6% | 25.8% | ||
| Q3 24 | -33.0% | 38.4% | ||
| Q2 24 | 83.9% | 37.0% | ||
| Q1 24 | -42.3% | 32.2% |
净利率MQRBCAA
| Q4 25 | — | 24.2% | ||
| Q3 25 | -2.2% | 31.8% | ||
| Q2 25 | -0.4% | 33.5% | ||
| Q1 25 | -5.9% | 34.8% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | -22.4% | 30.1% | ||
| Q2 24 | 95.1% | 29.0% | ||
| Q1 24 | -30.6% | 25.4% |
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 | $709.4M | $220.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $762.0M | $1.1B |
| 总资产 | $1.5B | $7.0B |
| 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MQRBCAA
| Q4 25 | $709.4M | $220.0M | ||
| Q3 25 | $747.2M | $484.2M | ||
| Q2 25 | $732.7M | $484.8M | ||
| Q1 25 | $830.9M | $793.0M | ||
| Q4 24 | $923.0M | $432.2M | ||
| Q3 24 | $886.4M | $530.9M | ||
| Q2 24 | $924.7M | $400.1M | ||
| Q1 24 | $970.4M | $546.4M |
股东权益MQRBCAA
| Q4 25 | $762.0M | $1.1B | ||
| Q3 25 | $839.2M | $1.1B | ||
| Q2 25 | $843.4M | $1.1B | ||
| Q1 25 | $987.3M | $1.0B | ||
| Q4 24 | $1.1B | $992.0M | ||
| Q3 24 | $1.1B | $979.7M | ||
| Q2 24 | $1.1B | $955.4M | ||
| Q1 24 | $1.2B | $935.6M |
总资产MQRBCAA
| Q4 25 | $1.5B | $7.0B | ||
| Q3 25 | $1.5B | $7.0B | ||
| Q2 25 | $1.2B | $7.0B | ||
| Q1 25 | $1.3B | $7.1B | ||
| Q4 24 | $1.5B | $6.8B | ||
| Q3 24 | $1.4B | $6.7B | ||
| Q2 24 | $1.5B | $6.6B | ||
| Q1 24 | $1.6B | $6.9B |
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 | $53.3M | $168.2M |
| 自由现金流经营现金流 - 资本支出 | $53.2M | $161.1M |
| 自由现金流率自由现金流/营收 | 30.9% | 170.9% |
| 资本支出强度资本支出/营收 | 0.1% | 7.5% |
| 现金转化率经营现金流/净利润 | — | 7.37× |
| 过去12个月自由现金流最近4个季度 | $160.5M | $288.6M |
8季度趋势，按日历期对齐
经营现金流MQRBCAA
| Q4 25 | $53.3M | $168.2M | ||
| Q3 25 | $86.8M | $33.3M | ||
| Q2 25 | $12.5M | $8.4M | ||
| Q1 25 | $10.0M | $93.2M | ||
| Q4 24 | $24.8M | $149.0M | ||
| Q3 24 | $7.3M | $51.3M | ||
| Q2 24 | $25.7M | $4.0M | ||
| Q1 24 | $426.0K | $71.2M |
自由现金流MQRBCAA
| Q4 25 | $53.2M | $161.1M | ||
| Q3 25 | $86.4M | $30.8M | ||
| Q2 25 | $12.2M | $5.2M | ||
| Q1 25 | $8.7M | $91.6M | ||
| Q4 24 | $24.7M | $143.2M | ||
| Q3 24 | $7.1M | $49.8M | ||
| Q2 24 | $24.7M | $2.7M | ||
| Q1 24 | $-765.0K | $69.1M |
自由现金流率MQRBCAA
| Q4 25 | 30.9% | 170.9% | ||
| Q3 25 | 52.9% | 32.9% | ||
| Q2 25 | 8.1% | 5.5% | ||
| Q1 25 | 6.3% | 67.4% | ||
| Q4 24 | 18.2% | 160.0% | ||
| Q3 24 | 5.5% | 56.5% | ||
| Q2 24 | 19.7% | 3.1% | ||
| Q1 24 | -0.6% | 57.5% |
资本支出强度MQRBCAA
| Q4 25 | 0.1% | 7.5% | ||
| Q3 25 | 0.2% | 2.6% | ||
| Q2 25 | 0.2% | 3.5% | ||
| Q1 25 | 0.9% | 1.2% | ||
| Q4 24 | 0.0% | 6.5% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 0.8% | 1.5% | ||
| Q1 24 | 1.0% | 1.7% |
现金转化率MQRBCAA
| Q4 25 | — | 7.37× | ||
| Q3 25 | — | 1.12× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 1.97× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | 0.22× | 0.16× | ||
| Q1 24 | — | 2.33× |
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
MQ
| Platform Service Revenue Net | $163.4M | 95% |
| Other Services Revenue | $8.8M | 5% |
RBCAA
暂无分部数据
