vs
Match Group（MTCH）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, 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 -63.1%，领先86.9%），Match Group同比增速更快（2.1% vs -25.8%），Match Group自由现金流更多（$308.1M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% 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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
MTCH vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.5倍
$878.0M
营收增速更快
MTCH
高出27.9%
-25.8%
净利率更高
MTCH
高出86.9%
-63.1%
自由现金流更多
MTCH
多$1.5B
$-1.1B
两年增速更快
RIVN
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $878.0M | $1.3B |
| 净利润 | $209.7M | $-811.0M |
| 毛利率 | 74.7% | 9.3% |
| 营业利润率 | 32.4% | -64.8% |
| 净利率 | 23.9% | -63.1% |
| 营收同比 | 2.1% | -25.8% |
| 净利润同比 | 32.5% | -9.0% |
| 每股收益（稀释后） | $0.83 | $-0.66 |
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MTCHRIVN
| Q4 25 | $878.0M | $1.3B | ||
| Q3 25 | $914.3M | $1.6B | ||
| Q2 25 | $863.7M | $1.3B | ||
| Q1 25 | $831.2M | $1.2B | ||
| Q4 24 | $860.2M | $1.7B | ||
| Q3 24 | $895.5M | $874.0M | ||
| Q2 24 | $864.1M | $1.2B | ||
| Q1 24 | $859.6M | $1.2B |
净利润MTCHRIVN
| Q4 25 | $209.7M | $-811.0M | ||
| Q3 25 | $160.8M | $-1.2B | ||
| Q2 25 | $125.5M | $-1.1B | ||
| Q1 25 | $117.6M | $-545.0M | ||
| Q4 24 | $158.3M | $-744.0M | ||
| Q3 24 | $136.5M | $-1.1B | ||
| Q2 24 | $133.3M | $-1.5B | ||
| Q1 24 | $123.2M | $-1.4B |
毛利率MTCHRIVN
| Q4 25 | 74.7% | 9.3% | ||
| Q3 25 | 73.0% | 1.5% | ||
| Q2 25 | 72.0% | -15.8% | ||
| Q1 25 | 71.5% | 16.6% | ||
| Q4 24 | 72.5% | 9.8% | ||
| Q3 24 | 71.7% | -44.9% | ||
| Q2 24 | 71.6% | -38.9% | ||
| Q1 24 | 70.1% | -43.8% |
营业利润率MTCHRIVN
| Q4 25 | 32.4% | -64.8% | ||
| Q3 25 | 24.2% | -63.1% | ||
| Q2 25 | 22.5% | -85.5% | ||
| Q1 25 | 20.8% | -52.8% | ||
| Q4 24 | 26.0% | -38.1% | ||
| Q3 24 | 23.5% | -133.8% | ||
| Q2 24 | 23.7% | -118.7% | ||
| Q1 24 | 21.5% | -123.3% |
净利率MTCHRIVN
| Q4 25 | 23.9% | -63.1% | ||
| Q3 25 | 17.6% | -75.3% | ||
| Q2 25 | 14.5% | -85.7% | ||
| Q1 25 | 14.1% | -44.0% | ||
| Q4 24 | 18.4% | -42.9% | ||
| Q3 24 | 15.2% | -125.9% | ||
| Q2 24 | 15.4% | -125.8% | ||
| Q1 24 | 14.3% | -120.1% |
每股收益（稀释后）MTCHRIVN
| Q4 25 | $0.83 | $-0.66 | ||
| Q3 25 | $0.62 | $-0.96 | ||
| Q2 25 | $0.49 | $-0.97 | ||
| Q1 25 | $0.44 | $-0.48 | ||
| Q4 24 | $0.59 | $-0.67 | ||
| Q3 24 | $0.51 | $-1.08 | ||
| Q2 24 | $0.48 | $-1.46 | ||
| Q1 24 | $0.44 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $-253.5M | $4.6B |
| 总资产 | $4.5B | $14.9B |
| 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MTCHRIVN
| Q4 25 | $1.0B | $6.1B | ||
| Q3 25 | $1.1B | $7.1B | ||
| Q2 25 | $340.4M | $7.5B | ||
| Q1 25 | $414.2M | $7.2B | ||
| Q4 24 | $970.7M | $7.7B | ||
| Q3 24 | $860.9M | $6.7B | ||
| Q2 24 | $843.6M | $7.9B | ||
| Q1 24 | $920.9M | $7.9B |
总债务MTCHRIVN
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.8B | — | ||
| Q2 24 | $3.8B | $5.5B | ||
| Q1 24 | $3.8B | $4.4B |
股东权益MTCHRIVN
| Q4 25 | $-253.5M | $4.6B | ||
| Q3 25 | $-223.9M | $5.1B | ||
| Q2 25 | $-230.9M | $6.1B | ||
| Q1 25 | $-182.7M | $6.2B | ||
| Q4 24 | $-63.7M | $6.6B | ||
| Q3 24 | $-88.5M | $5.9B | ||
| Q2 24 | $-130.2M | $6.8B | ||
| Q1 24 | $-107.8M | $8.1B |
总资产MTCHRIVN
| Q4 25 | $4.5B | $14.9B | ||
| Q3 25 | $4.5B | $15.2B | ||
| Q2 25 | $3.9B | $15.6B | ||
| Q1 25 | $3.9B | $15.5B | ||
| Q4 24 | $4.5B | $15.4B | ||
| Q3 24 | $4.4B | $14.3B | ||
| Q2 24 | $4.4B | $15.4B | ||
| Q1 24 | $4.4B | $15.7B |
负债/权益比MTCHRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $308.1M | $-1.1B |
| 自由现金流率自由现金流/营收 | 35.1% | -89.0% |
| 资本支出强度资本支出/营收 | 1.7% | 36.0% |
| 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 | $-2.5B |
8季度趋势，按日历期对齐
经营现金流MTCHRIVN
| Q4 25 | $322.8M | $-681.0M | ||
| Q3 25 | $320.6M | $26.0M | ||
| Q2 25 | $243.8M | $64.0M | ||
| Q1 25 | $193.1M | $-188.0M | ||
| Q4 24 | $254.7M | $1.2B | ||
| Q3 24 | $264.9M | $-876.0M | ||
| Q2 24 | $129.0M | $-754.0M | ||
| Q1 24 | $284.1M | $-1.3B |
自由现金流MTCHRIVN
| Q4 25 | $308.1M | $-1.1B | ||
| Q3 25 | $306.8M | $-421.0M | ||
| Q2 25 | $231.0M | $-398.0M | ||
| Q1 25 | $177.7M | $-526.0M | ||
| Q4 24 | $247.1M | $856.0M | ||
| Q3 24 | $251.8M | $-1.2B | ||
| Q2 24 | $116.3M | $-1.0B | ||
| Q1 24 | $266.9M | $-1.5B |
自由现金流率MTCHRIVN
| Q4 25 | 35.1% | -89.0% | ||
| Q3 25 | 33.6% | -27.0% | ||
| Q2 25 | 26.7% | -30.5% | ||
| Q1 25 | 21.4% | -42.4% | ||
| Q4 24 | 28.7% | 49.4% | ||
| Q3 24 | 28.1% | -131.9% | ||
| Q2 24 | 13.5% | -89.6% | ||
| Q1 24 | 31.0% | -126.5% |
资本支出强度MTCHRIVN
| Q4 25 | 1.7% | 36.0% | ||
| Q3 25 | 1.5% | 28.7% | ||
| Q2 25 | 1.5% | 35.5% | ||
| Q1 25 | 1.9% | 27.3% | ||
| Q4 24 | 0.9% | 18.9% | ||
| Q3 24 | 1.5% | 31.7% | ||
| Q2 24 | 1.5% | 24.4% | ||
| Q1 24 | 2.0% | 21.1% |
现金转化率MTCHRIVN
| 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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
