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Marqeta, Inc.（MQ）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
Stitch Fix, Inc.的季度营收约是Marqeta, Inc.的2.1倍（$342.1M vs $165.8M），Marqeta, Inc.净利率更高（4.7% vs -1.9%，领先6.6%），Marqeta, Inc.同比增速更快（19.0% vs 7.3%），过去两年Marqeta, Inc.的营收复合增速更高（15.0% vs 1.8%）
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。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
MQ vs SFIX — 直观对比
营收规模更大
SFIX
是对方的2.1倍
$165.8M
营收增速更快
MQ
高出11.7%
7.3%
净利率更高
MQ
高出6.6%
-1.9%
两年增速更快
MQ
近两年复合增速
1.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $165.8M | $342.1M |
| 净利润 | $7.8M | $-6.4M |
| 毛利率 | 70.9% | 43.6% |
| 营业利润率 | 30.3% | -2.5% |
| 净利率 | 4.7% | -1.9% |
| 营收同比 | 19.0% | 7.3% |
| 净利润同比 | 194.8% | -1.7% |
| 每股收益（稀释后） | $0.02 | $-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MQSFIX
| Q1 26 | $165.8M | — | ||
| Q4 25 | $172.1M | $342.1M | ||
| Q3 25 | $163.3M | $311.2M | ||
| Q2 25 | $150.4M | $325.0M | ||
| Q1 25 | $139.1M | $312.1M | ||
| Q4 24 | $135.8M | $318.8M | ||
| Q3 24 | $128.0M | $319.6M | ||
| Q2 24 | $125.3M | $322.7M |
净利润MQSFIX
| Q1 26 | $7.8M | — | ||
| Q4 25 | — | $-6.4M | ||
| Q3 25 | $-3.6M | $-8.6M | ||
| Q2 25 | $-647.0K | $-7.4M | ||
| Q1 25 | $-8.3M | $-6.5M | ||
| Q4 24 | — | $-6.3M | ||
| Q3 24 | $-28.6M | $-36.5M | ||
| Q2 24 | $119.1M | $-21.3M |
毛利率MQSFIX
| Q1 26 | 70.9% | — | ||
| Q4 25 | 69.7% | 43.6% | ||
| Q3 25 | 70.1% | 43.6% | ||
| Q2 25 | 69.2% | 44.2% | ||
| Q1 25 | 71.0% | 44.5% | ||
| Q4 24 | 72.3% | 45.4% | ||
| Q3 24 | 70.4% | 44.6% | ||
| Q2 24 | 63.3% | 45.5% |
营业利润率MQSFIX
| Q1 26 | 30.3% | — | ||
| Q4 25 | -4.8% | -2.5% | ||
| Q3 25 | -6.4% | -3.6% | ||
| Q2 25 | -6.1% | -3.0% | ||
| Q1 25 | -13.3% | -2.9% | ||
| Q4 24 | -27.6% | -2.8% | ||
| Q3 24 | -33.0% | -13.1% | ||
| Q2 24 | 83.9% | -7.7% |
净利率MQSFIX
| Q1 26 | 4.7% | — | ||
| Q4 25 | — | -1.9% | ||
| Q3 25 | -2.2% | -2.8% | ||
| Q2 25 | -0.4% | -2.3% | ||
| Q1 25 | -5.9% | -2.1% | ||
| Q4 24 | — | -2.0% | ||
| Q3 24 | -22.4% | -11.4% | ||
| Q2 24 | 95.1% | -6.6% |
每股收益（稀释后）MQSFIX
| Q1 26 | $0.02 | — | ||
| Q4 25 | — | $-0.05 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | — | $-0.29 | ||
| Q2 24 | — | $-0.18 |
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 | $712.1M | $244.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $742.3M | $204.1M |
| 总资产 | $1.5B | $530.7M |
| 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MQSFIX
| Q1 26 | $712.1M | — | ||
| Q4 25 | $709.4M | $244.2M | ||
| Q3 25 | $747.2M | $234.9M | ||
| Q2 25 | $732.7M | $234.2M | ||
| Q1 25 | $830.9M | $219.1M | ||
| Q4 24 | $923.0M | $253.3M | ||
| Q3 24 | $886.4M | $247.0M | ||
| Q2 24 | $924.7M | $244.5M |
股东权益MQSFIX
| Q1 26 | $742.3M | — | ||
| Q4 25 | $762.0M | $204.1M | ||
| Q3 25 | $839.2M | $203.0M | ||
| Q2 25 | $843.4M | $200.4M | ||
| Q1 25 | $987.3M | $197.8M | ||
| Q4 24 | $1.1B | $190.5M | ||
| Q3 24 | $1.1B | $187.0M | ||
| Q2 24 | $1.1B | $208.9M |
总资产MQSFIX
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $530.7M | ||
| Q3 25 | $1.5B | $480.6M | ||
| Q2 25 | $1.2B | $484.7M | ||
| Q1 25 | $1.3B | $472.6M | ||
| Q4 24 | $1.5B | $507.1M | ||
| Q3 24 | $1.4B | $486.9M | ||
| Q2 24 | $1.5B | $537.0M |
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 | — | $10.9M |
| 自由现金流经营现金流 - 资本支出 | — | $5.6M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $4.9M |
8季度趋势，按日历期对齐
经营现金流MQSFIX
| Q1 26 | — | — | ||
| Q4 25 | $53.3M | $10.9M | ||
| Q3 25 | $86.8M | $7.0M | ||
| Q2 25 | $12.5M | $20.5M | ||
| Q1 25 | $10.0M | $-16.2M | ||
| Q4 24 | $24.8M | $14.3M | ||
| Q3 24 | $7.3M | $8.2M | ||
| Q2 24 | $25.7M | $21.7M |
自由现金流MQSFIX
| Q1 26 | — | — | ||
| Q4 25 | $53.2M | $5.6M | ||
| Q3 25 | $86.4M | $2.8M | ||
| Q2 25 | $12.2M | $16.0M | ||
| Q1 25 | $8.7M | $-19.4M | ||
| Q4 24 | $24.7M | $9.9M | ||
| Q3 24 | $7.1M | $4.5M | ||
| Q2 24 | $24.7M | $18.9M |
自由现金流率MQSFIX
| Q1 26 | — | — | ||
| Q4 25 | 30.9% | 1.6% | ||
| Q3 25 | 52.9% | 0.9% | ||
| Q2 25 | 8.1% | 4.9% | ||
| Q1 25 | 6.3% | -6.2% | ||
| Q4 24 | 18.2% | 3.1% | ||
| Q3 24 | 5.5% | 1.4% | ||
| Q2 24 | 19.7% | 5.9% |
资本支出强度MQSFIX
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 1.6% | ||
| Q3 25 | 0.2% | 1.4% | ||
| Q2 25 | 0.2% | 1.4% | ||
| Q1 25 | 0.9% | 1.0% | ||
| Q4 24 | 0.0% | 1.4% | ||
| Q3 24 | 0.1% | 1.2% | ||
| Q2 24 | 0.8% | 0.9% |
现金转化率MQSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.22× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
