vs
Match Group（MTCH）与Nebius Group N.V.（NBIS）财务数据对比。点击上方公司名可切换其他公司
Match Group的季度营收约是Nebius Group N.V.的27.4倍（$878.0M vs $32.1M）。Match Group自由现金流更多（$308.1M vs $-586.8M）
美国互联网科技企业Match Group总部位于得克萨斯州达拉斯，旗下拥有全球规模最大的在线约会服务品牌矩阵，运营Tinder、Hinge、Plenty of Fish等多款全球知名约会产品。2020年7月公司从IAC分拆为独立上市公司，截至2019年全球付费订阅用户达930万，其中近半数来自北美地区。
Nebius Group N.V.是总部位于阿姆斯特丹的科技企业，核心业务为提供人工智能基础设施相关服务。集团旗下拥有Avride、TripleTen两大品牌，同时持有Toloka和Clickhouse的股份，在以色列、美国均设有办公地点。
MTCH vs NBIS — 直观对比
营收规模更大
MTCH
是对方的27.4倍
$32.1M
自由现金流更多
MTCH
多$894.9M
$-586.8M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $878.0M | $32.1M |
| 净利润 | $209.7M | — |
| 毛利率 | 74.7% | — |
| 营业利润率 | 32.4% | -251.1% |
| 净利率 | 23.9% | — |
| 营收同比 | 2.1% | — |
| 净利润同比 | 32.5% | — |
| 每股收益（稀释后） | $0.83 | — |
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MTCHNBIS
| Q4 25 | $878.0M | — | ||
| Q3 25 | $914.3M | $32.1M | ||
| Q2 25 | $863.7M | $24.2M | ||
| Q1 25 | $831.2M | — | ||
| Q4 24 | $860.2M | — | ||
| Q3 24 | $895.5M | $79.6M | ||
| Q2 24 | $864.1M | $36.3M | ||
| Q1 24 | $859.6M | — |
净利润MTCHNBIS
| Q4 25 | $209.7M | — | ||
| Q3 25 | $160.8M | — | ||
| Q2 25 | $125.5M | $-185.4M | ||
| Q1 25 | $117.6M | — | ||
| Q4 24 | $158.3M | — | ||
| Q3 24 | $136.5M | $-258.2M | ||
| Q2 24 | $133.3M | $-118.3M | ||
| Q1 24 | $123.2M | — |
毛利率MTCHNBIS
| Q4 25 | 74.7% | — | ||
| Q3 25 | 73.0% | — | ||
| Q2 25 | 72.0% | — | ||
| Q1 25 | 71.5% | — | ||
| Q4 24 | 72.5% | — | ||
| Q3 24 | 71.7% | — | ||
| Q2 24 | 71.6% | — | ||
| Q1 24 | 70.1% | — |
营业利润率MTCHNBIS
| Q4 25 | 32.4% | — | ||
| Q3 25 | 24.2% | -251.1% | ||
| Q2 25 | 22.5% | -754.1% | ||
| Q1 25 | 20.8% | — | ||
| Q4 24 | 26.0% | — | ||
| Q3 24 | 23.5% | -366.1% | ||
| Q2 24 | 23.7% | -563.1% | ||
| Q1 24 | 21.5% | — |
净利率MTCHNBIS
| Q4 25 | 23.9% | — | ||
| Q3 25 | 17.6% | — | ||
| Q2 25 | 14.5% | -766.1% | ||
| Q1 25 | 14.1% | — | ||
| Q4 24 | 18.4% | — | ||
| Q3 24 | 15.2% | -324.4% | ||
| Q2 24 | 15.4% | -325.9% | ||
| Q1 24 | 14.3% | — |
每股收益（稀释后）MTCHNBIS
| Q4 25 | $0.83 | — | ||
| Q3 25 | $0.62 | — | ||
| Q2 25 | $0.49 | — | ||
| Q1 25 | $0.44 | — | ||
| Q4 24 | $0.59 | — | ||
| Q3 24 | $0.51 | — | ||
| Q2 24 | $0.48 | — | ||
| Q1 24 | $0.44 | — |
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 | $1.0B | $4.8B |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $-253.5M | $4.8B |
| 总资产 | $4.5B | $10.1B |
| 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MTCHNBIS
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.1B | $4.8B | ||
| Q2 25 | $340.4M | $1.7B | ||
| Q1 25 | $414.2M | — | ||
| Q4 24 | $970.7M | — | ||
| Q3 24 | $860.9M | $2.3B | ||
| Q2 24 | $843.6M | $2.3B | ||
| Q1 24 | $920.9M | — |
总债务MTCHNBIS
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.8B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.8B | — |
股东权益MTCHNBIS
| Q4 25 | $-253.5M | — | ||
| Q3 25 | $-223.9M | $4.8B | ||
| Q2 25 | $-230.9M | $3.8B | ||
| Q1 25 | $-182.7M | — | ||
| Q4 24 | $-63.7M | — | ||
| Q3 24 | $-88.5M | $2.9B | ||
| Q2 24 | $-130.2M | $4.3B | ||
| Q1 24 | $-107.8M | — |
总资产MTCHNBIS
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.5B | $10.1B | ||
| Q2 25 | $3.9B | $5.1B | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.4B | $3.0B | ||
| Q2 24 | $4.4B | $4.4B | ||
| Q1 24 | $4.4B | — |
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 | $322.8M | $-196.8M |
| 自由现金流经营现金流 - 资本支出 | $308.1M | $-586.8M |
| 自由现金流率自由现金流/营收 | 35.1% | -1828.0% |
| 资本支出强度资本支出/营收 | 1.7% | 1215.0% |
| 现金转化率经营现金流/净利润 | 1.54× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流MTCHNBIS
| Q4 25 | $322.8M | — | ||
| Q3 25 | $320.6M | $-196.8M | ||
| Q2 25 | $243.8M | $-162.0M | ||
| Q1 25 | $193.1M | — | ||
| Q4 24 | $254.7M | — | ||
| Q3 24 | $264.9M | — | ||
| Q2 24 | $129.0M | — | ||
| Q1 24 | $284.1M | — |
自由现金流MTCHNBIS
| Q4 25 | $308.1M | — | ||
| Q3 25 | $306.8M | $-586.8M | ||
| Q2 25 | $231.0M | $-379.9M | ||
| Q1 25 | $177.7M | — | ||
| Q4 24 | $247.1M | — | ||
| Q3 24 | $251.8M | — | ||
| Q2 24 | $116.3M | — | ||
| Q1 24 | $266.9M | — |
自由现金流率MTCHNBIS
| Q4 25 | 35.1% | — | ||
| Q3 25 | 33.6% | -1828.0% | ||
| Q2 25 | 26.7% | -1569.8% | ||
| Q1 25 | 21.4% | — | ||
| Q4 24 | 28.7% | — | ||
| Q3 24 | 28.1% | — | ||
| Q2 24 | 13.5% | — | ||
| Q1 24 | 31.0% | — |
资本支出强度MTCHNBIS
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.5% | 1215.0% | ||
| Q2 25 | 1.5% | 900.4% | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 2.0% | — |
现金转化率MTCHNBIS
| Q4 25 | 1.54× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.94× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | 1.94× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | 2.31× | — |
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
MTCH
| Tinder Segment | $479.3M | 55% |
| Hinge Segment | $186.5M | 21% |
| Evergreen And Emerging Segment | $148.1M | 17% |
| MG Asia Segment | $65.8M | 7% |
NBIS
| Nebius | $27.1M | 84% |
| TripleTen | $6.3M | 20% |
| Avride | $100.0K | 0% |
