vs
Match Group（MTCH）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是Match Group的1.5倍（$1.3B vs $878.0M）。Match Group净利率更高（23.9% vs 21.0%，领先2.9%）。PINTEREST, INC.同比增速更快（14.3% vs 2.1%）。PINTEREST, INC.自由现金流更多（$380.4M vs $308.1M）。过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 1.1%）
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。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
MTCH vs PINS — 直观对比
营收规模更大
PINS
是对方的1.5倍
$878.0M
营收增速更快
PINS
高出12.2%
2.1%
净利率更高
MTCH
高出2.9%
21.0%
自由现金流更多
PINS
多$72.3M
$308.1M
两年增速更快
PINS
近两年复合增速
1.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $878.0M | $1.3B |
| 净利润 | $209.7M | $277.1M |
| 毛利率 | 74.7% | 82.8% |
| 营业利润率 | 32.4% | 22.8% |
| 净利率 | 23.9% | 21.0% |
| 营收同比 | 2.1% | 14.3% |
| 净利润同比 | 32.5% | -85.0% |
| 每股收益（稀释后） | $0.83 | $0.41 |
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MTCHPINS
| Q4 25 | $878.0M | $1.3B | ||
| Q3 25 | $914.3M | $1.0B | ||
| Q2 25 | $863.7M | $998.2M | ||
| Q1 25 | $831.2M | $855.0M | ||
| Q4 24 | $860.2M | $1.2B | ||
| Q3 24 | $895.5M | $898.4M | ||
| Q2 24 | $864.1M | $853.7M | ||
| Q1 24 | $859.6M | $740.0M |
净利润MTCHPINS
| Q4 25 | $209.7M | $277.1M | ||
| Q3 25 | $160.8M | $92.1M | ||
| Q2 25 | $125.5M | $38.8M | ||
| Q1 25 | $117.6M | $8.9M | ||
| Q4 24 | $158.3M | $1.8B | ||
| Q3 24 | $136.5M | $30.6M | ||
| Q2 24 | $133.3M | $8.9M | ||
| Q1 24 | $123.2M | $-24.8M |
毛利率MTCHPINS
| Q4 25 | 74.7% | 82.8% | ||
| Q3 25 | 73.0% | 79.8% | ||
| Q2 25 | 72.0% | 79.7% | ||
| Q1 25 | 71.5% | 76.7% | ||
| Q4 24 | 72.5% | 82.9% | ||
| Q3 24 | 71.7% | 79.1% | ||
| Q2 24 | 71.6% | 78.3% | ||
| Q1 24 | 70.1% | 75.5% |
营业利润率MTCHPINS
| Q4 25 | 32.4% | 22.8% | ||
| Q3 25 | 24.2% | 5.6% | ||
| Q2 25 | 22.5% | -0.4% | ||
| Q1 25 | 20.8% | -4.1% | ||
| Q4 24 | 26.0% | 22.7% | ||
| Q3 24 | 23.5% | -0.7% | ||
| Q2 24 | 23.7% | -2.5% | ||
| Q1 24 | 21.5% | -7.4% |
净利率MTCHPINS
| Q4 25 | 23.9% | 21.0% | ||
| Q3 25 | 17.6% | 8.8% | ||
| Q2 25 | 14.5% | 3.9% | ||
| Q1 25 | 14.1% | 1.0% | ||
| Q4 24 | 18.4% | 160.1% | ||
| Q3 24 | 15.2% | 3.4% | ||
| Q2 24 | 15.4% | 1.0% | ||
| Q1 24 | 14.3% | -3.4% |
每股收益（稀释后）MTCHPINS
| Q4 25 | $0.83 | $0.41 | ||
| Q3 25 | $0.62 | $0.13 | ||
| Q2 25 | $0.49 | $0.06 | ||
| Q1 25 | $0.44 | $0.01 | ||
| Q4 24 | $0.59 | $2.66 | ||
| Q3 24 | $0.51 | $0.04 | ||
| Q2 24 | $0.48 | $0.01 | ||
| Q1 24 | $0.44 | $-0.04 |
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 | $969.3M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $-253.5M | $4.7B |
| 总资产 | $4.5B | $5.5B |
| 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MTCHPINS
| Q4 25 | $1.0B | $969.3M | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $340.4M | $1.2B | ||
| Q1 25 | $414.2M | $1.3B | ||
| Q4 24 | $970.7M | $1.1B | ||
| Q3 24 | $860.9M | $1.0B | ||
| Q2 24 | $843.6M | $1.4B | ||
| Q1 24 | $920.9M | $1.6B |
总债务MTCHPINS
| 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MTCHPINS
| Q4 25 | $-253.5M | $4.7B | ||
| Q3 25 | $-223.9M | $4.8B | ||
| Q2 25 | $-230.9M | $4.8B | ||
| Q1 25 | $-182.7M | $4.7B | ||
| Q4 24 | $-63.7M | $4.8B | ||
| Q3 24 | $-88.5M | $2.9B | ||
| Q2 24 | $-130.2M | $3.2B | ||
| Q1 24 | $-107.8M | $3.1B |
总资产MTCHPINS
| Q4 25 | $4.5B | $5.5B | ||
| Q3 25 | $4.5B | $5.5B | ||
| Q2 25 | $3.9B | $5.4B | ||
| Q1 25 | $3.9B | $5.3B | ||
| Q4 24 | $4.5B | $5.3B | ||
| Q3 24 | $4.4B | $3.5B | ||
| Q2 24 | $4.4B | $3.7B | ||
| Q1 24 | $4.4B | $3.7B |
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 | $391.2M |
| 自由现金流经营现金流 - 资本支出 | $308.1M | $380.4M |
| 自由现金流率自由现金流/营收 | 35.1% | 28.8% |
| 资本支出强度资本支出/营收 | 1.7% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $1.3B |
8季度趋势，按日历期对齐
经营现金流MTCHPINS
| Q4 25 | $322.8M | $391.2M | ||
| Q3 25 | $320.6M | $321.7M | ||
| Q2 25 | $243.8M | $207.7M | ||
| Q1 25 | $193.1M | $363.7M | ||
| Q4 24 | $254.7M | $254.0M | ||
| Q3 24 | $264.9M | $248.0M | ||
| Q2 24 | $129.0M | $106.4M | ||
| Q1 24 | $284.1M | $356.1M |
自由现金流MTCHPINS
| Q4 25 | $308.1M | $380.4M | ||
| Q3 25 | $306.8M | $318.4M | ||
| Q2 25 | $231.0M | $196.7M | ||
| Q1 25 | $177.7M | $356.4M | ||
| Q4 24 | $247.1M | $250.2M | ||
| Q3 24 | $251.8M | $244.1M | ||
| Q2 24 | $116.3M | $101.6M | ||
| Q1 24 | $266.9M | $344.0M |
自由现金流率MTCHPINS
| Q4 25 | 35.1% | 28.8% | ||
| Q3 25 | 33.6% | 30.3% | ||
| Q2 25 | 26.7% | 19.7% | ||
| Q1 25 | 21.4% | 41.7% | ||
| Q4 24 | 28.7% | 21.7% | ||
| Q3 24 | 28.1% | 27.2% | ||
| Q2 24 | 13.5% | 11.9% | ||
| Q1 24 | 31.0% | 46.5% |
资本支出强度MTCHPINS
| Q4 25 | 1.7% | 0.8% | ||
| Q3 25 | 1.5% | 0.3% | ||
| Q2 25 | 1.5% | 1.1% | ||
| Q1 25 | 1.9% | 0.9% | ||
| Q4 24 | 0.9% | 0.3% | ||
| Q3 24 | 1.5% | 0.4% | ||
| Q2 24 | 1.5% | 0.6% | ||
| Q1 24 | 2.0% | 1.6% |
现金转化率MTCHPINS
| Q4 25 | 1.54× | 1.41× | ||
| Q3 25 | 1.99× | 3.49× | ||
| Q2 25 | 1.94× | 5.36× | ||
| Q1 25 | 1.64× | 40.77× | ||
| Q4 24 | 1.61× | 0.14× | ||
| Q3 24 | 1.94× | 8.12× | ||
| Q2 24 | 0.97× | 11.98× | ||
| 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% |
PINS
暂无分部数据
