vs
Match Group（MTCH）与Zoom Communications, Inc.（ZM）财务数据对比。点击上方公司名可切换其他公司
Zoom Communications, Inc.的季度营收约是Match Group的1.4倍（$1.2B vs $878.0M）。Zoom Communications, Inc.净利率更高（49.8% vs 23.9%，领先26.0%）。Zoom Communications, Inc.同比增速更快（4.4% vs 2.1%）。Zoom Communications, Inc.自由现金流更多（$614.3M vs $308.1M）。过去两年Zoom Communications, Inc.的营收复合增速更高（3.6% 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。
Zoom是总部位于美国加利福尼亚州圣何塞的通信技术企业，旗下核心产品Zoom视频会议软件全球普及度极高，可为企业及个人用户提供高清稳定的远程音视频沟通、线上会议、协同办公等一站式数字化协作解决方案。
MTCH vs ZM — 直观对比
营收规模更大
ZM
是对方的1.4倍
$878.0M
营收增速更快
ZM
高出2.4%
2.1%
净利率更高
ZM
高出26.0%
23.9%
自由现金流更多
ZM
多$306.2M
$308.1M
两年增速更快
ZM
近两年复合增速
1.1%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $878.0M | $1.2B |
| 净利润 | $209.7M | $612.9M |
| 毛利率 | 74.7% | 77.9% |
| 营业利润率 | 32.4% | 25.2% |
| 净利率 | 23.9% | 49.8% |
| 营收同比 | 2.1% | 4.4% |
| 净利润同比 | 32.5% | 196.0% |
| 每股收益（稀释后） | $0.83 | $2.01 |
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MTCHZM
| Q4 25 | $878.0M | $1.2B | ||
| Q3 25 | $914.3M | $1.2B | ||
| Q2 25 | $863.7M | $1.2B | ||
| Q1 25 | $831.2M | $1.2B | ||
| Q4 24 | $860.2M | $1.2B | ||
| Q3 24 | $895.5M | $1.2B | ||
| Q2 24 | $864.1M | $1.1B | ||
| Q1 24 | $859.6M | $1.1B |
净利润MTCHZM
| Q4 25 | $209.7M | $612.9M | ||
| Q3 25 | $160.8M | $358.6M | ||
| Q2 25 | $125.5M | $254.6M | ||
| Q1 25 | $117.6M | $367.9M | ||
| Q4 24 | $158.3M | $207.1M | ||
| Q3 24 | $136.5M | $219.0M | ||
| Q2 24 | $133.3M | $216.3M | ||
| Q1 24 | $123.2M | $298.8M |
毛利率MTCHZM
| Q4 25 | 74.7% | 77.9% | ||
| Q3 25 | 73.0% | 77.6% | ||
| Q2 25 | 72.0% | 76.3% | ||
| Q1 25 | 71.5% | 75.7% | ||
| Q4 24 | 72.5% | 75.9% | ||
| Q3 24 | 71.7% | 75.5% | ||
| Q2 24 | 71.6% | 76.1% | ||
| Q1 24 | 70.1% | 75.9% |
营业利润率MTCHZM
| Q4 25 | 32.4% | 25.2% | ||
| Q3 25 | 24.2% | 26.4% | ||
| Q2 25 | 22.5% | 20.6% | ||
| Q1 25 | 20.8% | 19.0% | ||
| Q4 24 | 26.0% | 15.5% | ||
| Q3 24 | 23.5% | 17.4% | ||
| Q2 24 | 23.7% | 17.8% | ||
| Q1 24 | 21.5% | 14.7% |
净利率MTCHZM
| Q4 25 | 23.9% | 49.8% | ||
| Q3 25 | 17.6% | 29.5% | ||
| Q2 25 | 14.5% | 21.7% | ||
| Q1 25 | 14.1% | 31.1% | ||
| Q4 24 | 18.4% | 17.6% | ||
| Q3 24 | 15.2% | 18.8% | ||
| Q2 24 | 15.4% | 19.0% | ||
| Q1 24 | 14.3% | 26.1% |
每股收益（稀释后）MTCHZM
| Q4 25 | $0.83 | $2.01 | ||
| Q3 25 | $0.62 | $1.16 | ||
| Q2 25 | $0.49 | $0.81 | ||
| Q1 25 | $0.44 | $1.16 | ||
| Q4 24 | $0.59 | $0.66 | ||
| Q3 24 | $0.51 | $0.70 | ||
| Q2 24 | $0.48 | $0.69 | ||
| Q1 24 | $0.44 | $0.98 |
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 | $1.2B |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $-253.5M | $9.3B |
| 总资产 | $4.5B | $11.4B |
| 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MTCHZM
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $340.4M | $1.2B | ||
| Q1 25 | $414.2M | $1.3B | ||
| Q4 24 | $970.7M | $1.3B | ||
| Q3 24 | $860.9M | $1.5B | ||
| Q2 24 | $843.6M | $1.9B | ||
| Q1 24 | $920.9M | $1.6B |
总债务MTCHZM
| 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MTCHZM
| Q4 25 | $-253.5M | $9.3B | ||
| Q3 25 | $-223.9M | $9.0B | ||
| Q2 25 | $-230.9M | $8.9B | ||
| Q1 25 | $-182.7M | $8.9B | ||
| Q4 24 | $-63.7M | $8.7B | ||
| Q3 24 | $-88.5M | $8.5B | ||
| Q2 24 | $-130.2M | $8.3B | ||
| Q1 24 | $-107.8M | $8.0B |
总资产MTCHZM
| Q4 25 | $4.5B | $11.4B | ||
| Q3 25 | $4.5B | $11.0B | ||
| Q2 25 | $3.9B | $11.0B | ||
| Q1 25 | $3.9B | $11.0B | ||
| Q4 24 | $4.5B | $10.7B | ||
| Q3 24 | $4.4B | $10.5B | ||
| Q2 24 | $4.4B | $10.3B | ||
| Q1 24 | $4.4B | $9.9B |
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 | $322.8M | $629.3M |
| 自由现金流经营现金流 - 资本支出 | $308.1M | $614.3M |
| 自由现金流率自由现金流/营收 | 35.1% | 50.0% |
| 资本支出强度资本支出/营收 | 1.7% | 1.2% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.03× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $2.0B |
8季度趋势，按日历期对齐
经营现金流MTCHZM
| Q4 25 | $322.8M | $629.3M | ||
| Q3 25 | $320.6M | $515.9M | ||
| Q2 25 | $243.8M | $489.3M | ||
| Q1 25 | $193.1M | $424.6M | ||
| Q4 24 | $254.7M | $483.2M | ||
| Q3 24 | $264.9M | $449.3M | ||
| Q2 24 | $129.0M | $588.2M | ||
| Q1 24 | $284.1M | $351.2M |
自由现金流MTCHZM
| Q4 25 | $308.1M | $614.3M | ||
| Q3 25 | $306.8M | $508.0M | ||
| Q2 25 | $231.0M | $463.4M | ||
| Q1 25 | $177.7M | $416.2M | ||
| Q4 24 | $247.1M | $457.7M | ||
| Q3 24 | $251.8M | $365.1M | ||
| Q2 24 | $116.3M | $569.7M | ||
| Q1 24 | $266.9M | $332.7M |
自由现金流率MTCHZM
| Q4 25 | 35.1% | 50.0% | ||
| Q3 25 | 33.6% | 41.7% | ||
| Q2 25 | 26.7% | 39.4% | ||
| Q1 25 | 21.4% | 35.2% | ||
| Q4 24 | 28.7% | 38.9% | ||
| Q3 24 | 28.1% | 31.4% | ||
| Q2 24 | 13.5% | 49.9% | ||
| Q1 24 | 31.0% | 29.0% |
资本支出强度MTCHZM
| Q4 25 | 1.7% | 1.2% | ||
| Q3 25 | 1.5% | 0.7% | ||
| Q2 25 | 1.5% | 2.2% | ||
| Q1 25 | 1.9% | 0.7% | ||
| Q4 24 | 0.9% | 2.2% | ||
| Q3 24 | 1.5% | 7.2% | ||
| Q2 24 | 1.5% | 1.6% | ||
| Q1 24 | 2.0% | 1.6% |
现金转化率MTCHZM
| Q4 25 | 1.54× | 1.03× | ||
| Q3 25 | 1.99× | 1.44× | ||
| Q2 25 | 1.94× | 1.92× | ||
| Q1 25 | 1.64× | 1.15× | ||
| Q4 24 | 1.61× | 2.33× | ||
| Q3 24 | 1.94× | 2.05× | ||
| Q2 24 | 0.97× | 2.72× | ||
| Q1 24 | 2.31× | 1.18× |
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% |
ZM
暂无分部数据
