vs
FiscalNote Holdings, Inc.（NOTE）与WINMARK CORP（WINA）财务数据对比。点击上方公司名可切换其他公司
FiscalNote Holdings, Inc.的季度营收约是WINMARK CORP的1.1倍（$22.2M vs $21.1M），WINMARK CORP同比增速更快（7.9% vs -24.7%），WINMARK CORP自由现金流更多（$8.5M vs $-1.9M），过去两年WINMARK CORP的营收复合增速更高（2.4% vs -16.8%）
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
温马克公司是美国的二手商品零售特许经营商，总部位于明尼苏达州明尼阿波利斯，旗下运营五大零售品牌，专注于二手商品的收售业务。公司1988年由罗恩·奥尔森与杰弗里·达尔伯格创立，最初名为Play It Again Sports特许经营公司，1993年更名为Grow Biz国际并于同年上市。
NOTE vs WINA — 直观对比
营收规模更大
NOTE
是对方的1.1倍
$21.1M
营收增速更快
WINA
高出32.5%
-24.7%
自由现金流更多
WINA
多$10.4M
$-1.9M
两年增速更快
WINA
近两年复合增速
-16.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $22.2M | $21.1M |
| 净利润 | — | $10.0M |
| 毛利率 | — | — |
| 营业利润率 | -83.7% | 61.7% |
| 净利率 | — | 47.2% |
| 营收同比 | -24.7% | 7.9% |
| 净利润同比 | — | 3.9% |
| 每股收益（稀释后） | $-2.81 | $2.68 |
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NOTEWINA
| Q4 25 | $22.2M | $21.1M | ||
| Q3 25 | $22.4M | $22.6M | ||
| Q2 25 | $23.3M | $20.4M | ||
| Q1 25 | $27.5M | $21.9M | ||
| Q4 24 | $29.5M | $19.5M | ||
| Q3 24 | $29.4M | $21.5M | ||
| Q2 24 | $29.2M | $20.1M | ||
| Q1 24 | $32.1M | $20.1M |
净利润NOTEWINA
| Q4 25 | — | $10.0M | ||
| Q3 25 | $-24.9M | $11.1M | ||
| Q2 25 | $-13.3M | $10.6M | ||
| Q1 25 | $-4.3M | $10.0M | ||
| Q4 24 | — | $9.6M | ||
| Q3 24 | $-14.9M | $11.1M | ||
| Q2 24 | $-12.8M | $10.4M | ||
| Q1 24 | $50.6M | $8.8M |
营业利润率NOTEWINA
| Q4 25 | -83.7% | 61.7% | ||
| Q3 25 | -43.4% | 65.9% | ||
| Q2 25 | -31.9% | 64.0% | ||
| Q1 25 | -50.0% | 62.0% | ||
| Q4 24 | -19.4% | 65.3% | ||
| Q3 24 | -23.1% | 69.4% | ||
| Q2 24 | -27.2% | 64.7% | ||
| Q1 24 | -35.6% | 60.8% |
净利率NOTEWINA
| Q4 25 | — | 47.2% | ||
| Q3 25 | -110.8% | 49.2% | ||
| Q2 25 | -57.0% | 51.9% | ||
| Q1 25 | -15.4% | 45.4% | ||
| Q4 24 | — | 49.0% | ||
| Q3 24 | -50.7% | 51.7% | ||
| Q2 24 | -43.6% | 51.8% | ||
| Q1 24 | 157.6% | 43.9% |
每股收益（稀释后）NOTEWINA
| Q4 25 | $-2.81 | $2.68 | ||
| Q3 25 | $-1.73 | $3.02 | ||
| Q2 25 | $-0.08 | $2.89 | ||
| Q1 25 | $-0.03 | $2.71 | ||
| Q4 24 | $1.88 | $2.60 | ||
| Q3 24 | $-1.33 | $3.03 | ||
| Q2 24 | $-0.09 | $2.85 | ||
| Q1 24 | $0.37 | $2.41 |
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 | $26.3M | $10.3M |
| 总债务越低越好 | $128.4M | — |
| 股东权益账面价值 | $62.0M | $-53.7M |
| 总资产 | $255.1M | $24.9M |
| 负债/权益比越低杠杆越低 | 2.07× | — |
8季度趋势，按日历期对齐
现金及短期投资NOTEWINA
| Q4 25 | $26.3M | $10.3M | ||
| Q3 25 | $31.2M | $39.7M | ||
| Q2 25 | $38.5M | $28.8M | ||
| Q1 25 | $46.3M | $21.8M | ||
| Q4 24 | $34.6M | $12.2M | ||
| Q3 24 | $32.7M | $37.2M | ||
| Q2 24 | $37.7M | $29.4M | ||
| Q1 24 | $43.6M | $22.9M |
总债务NOTEWINA
| Q4 25 | $128.4M | — | ||
| Q3 25 | $131.5M | — | ||
| Q2 25 | $116.7M | — | ||
| Q1 25 | $118.0M | — | ||
| Q4 24 | $147.1M | — | ||
| Q3 24 | $152.2M | — | ||
| Q2 24 | $145.9M | — | ||
| Q1 24 | $153.0M | — |
股东权益NOTEWINA
| Q4 25 | $62.0M | $-53.7M | ||
| Q3 25 | $75.5M | $-26.3M | ||
| Q2 25 | $95.1M | $-36.8M | ||
| Q1 25 | $98.7M | $-45.9M | ||
| Q4 24 | $97.8M | $-51.0M | ||
| Q3 24 | $98.5M | $-33.7M | ||
| Q2 24 | $106.9M | $-42.2M | ||
| Q1 24 | $106.1M | $-52.6M |
总资产NOTEWINA
| Q4 25 | $255.1M | $24.9M | ||
| Q3 25 | $273.9M | $53.7M | ||
| Q2 25 | $288.3M | $43.2M | ||
| Q1 25 | $299.7M | $37.1M | ||
| Q4 24 | $326.2M | $26.8M | ||
| Q3 24 | $337.9M | $52.0M | ||
| Q2 24 | $346.3M | $44.7M | ||
| Q1 24 | $357.8M | $38.3M |
负债/权益比NOTEWINA
| Q4 25 | 2.07× | — | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.50× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.36× | — | ||
| Q1 24 | 1.44× | — |
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 | $-279.0K | $8.5M |
| 自由现金流经营现金流 - 资本支出 | $-1.9M | $8.5M |
| 自由现金流率自由现金流/营收 | -8.7% | 40.3% |
| 资本支出强度资本支出/营收 | 7.4% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 0.86× |
| 过去12个月自由现金流最近4个季度 | $-18.6M | $44.7M |
8季度趋势，按日历期对齐
经营现金流NOTEWINA
| Q4 25 | $-279.0K | $8.5M | ||
| Q3 25 | $-8.3M | $12.3M | ||
| Q2 25 | $-6.2M | $9.0M | ||
| Q1 25 | $3.3M | $15.1M | ||
| Q4 24 | $-1.3M | $8.5M | ||
| Q3 24 | $-3.0M | $12.1M | ||
| Q2 24 | $-3.7M | $8.2M | ||
| Q1 24 | $2.7M | $13.4M |
自由现金流NOTEWINA
| Q4 25 | $-1.9M | $8.5M | ||
| Q3 25 | $-10.4M | $12.2M | ||
| Q2 25 | $-7.7M | $9.0M | ||
| Q1 25 | $1.3M | $15.0M | ||
| Q4 24 | $-3.4M | — | ||
| Q3 24 | $-5.4M | $12.1M | ||
| Q2 24 | $-6.5M | $8.1M | ||
| Q1 24 | $1.0M | $13.3M |
自由现金流率NOTEWINA
| Q4 25 | -8.7% | 40.3% | ||
| Q3 25 | -46.2% | 53.8% | ||
| Q2 25 | -33.0% | 44.0% | ||
| Q1 25 | 4.7% | 68.6% | ||
| Q4 24 | -11.4% | — | ||
| Q3 24 | -18.4% | 56.3% | ||
| Q2 24 | -22.1% | 40.4% | ||
| Q1 24 | 3.3% | 66.0% |
资本支出强度NOTEWINA
| Q4 25 | 7.4% | 0.1% | ||
| Q3 25 | 9.3% | 0.3% | ||
| Q2 25 | 6.4% | 0.3% | ||
| Q1 25 | 7.2% | 0.2% | ||
| Q4 24 | 6.8% | 0.0% | ||
| Q3 24 | 8.3% | 0.0% | ||
| Q2 24 | 9.4% | 0.5% | ||
| Q1 24 | 5.3% | 0.4% |
现金转化率NOTEWINA
| Q4 25 | — | 0.86× | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 0.85× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 1.09× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | 0.05× | 1.52× |
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
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
WINA
暂无分部数据
