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NETSTREIT Corp.（NTST）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是NETSTREIT Corp.的1.4倍（$78.6M vs $57.1M），NETSTREIT Corp.净利率更高（10.0% vs -178.3%，领先188.3%），NETSTREIT Corp.同比增速更快（24.3% vs 0.4%），过去两年NETSTREIT Corp.的营收复合增速更高（20.1% vs -1.3%）
NETSTREIT Corp.是一家总部位于美国的房地产投资信托（REIT），专注于收购和运营多元化的单租户净租赁商业物业组合，资产涵盖零售、工业、办公类别，主要服务于美国市场的投资级企业租户。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
NTST vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.4倍
$57.1M
营收增速更快
NTST
高出23.9%
0.4%
净利率更高
NTST
高出188.3%
-178.3%
两年增速更快
NTST
近两年复合增速
-1.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $57.1M | $78.6M |
| 净利润 | $5.7M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 34.1% | -182.2% |
| 净利率 | 10.0% | -178.3% |
| 营收同比 | 24.3% | 0.4% |
| 净利润同比 | 235.9% | -3304.1% |
| 每股收益（稀释后） | $0.32 | $-1.68 |
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NTSTRPAY
| Q1 26 | $57.1M | — | ||
| Q4 25 | $52.5M | $78.6M | ||
| Q3 25 | $48.3M | $77.7M | ||
| Q2 25 | $48.3M | $75.6M | ||
| Q1 25 | $45.9M | $77.3M | ||
| Q4 24 | $44.1M | $78.3M | ||
| Q3 24 | $41.4M | $79.1M | ||
| Q2 24 | $39.6M | $74.9M |
净利润NTSTRPAY
| Q1 26 | $5.7M | — | ||
| Q4 25 | $1.3M | $-140.1M | ||
| Q3 25 | $618.0K | $-6.4M | ||
| Q2 25 | $3.3M | $-102.3M | ||
| Q1 25 | $1.7M | $-7.9M | ||
| Q4 24 | $-5.4M | $-4.1M | ||
| Q3 24 | $-5.3M | $3.2M | ||
| Q2 24 | $-2.3M | $-4.1M |
毛利率NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% |
营业利润率NTSTRPAY
| Q1 26 | 34.1% | — | ||
| Q4 25 | 2.6% | -182.2% | ||
| Q3 25 | 1.3% | -3.9% | ||
| Q2 25 | 6.8% | -138.7% | ||
| Q1 25 | 3.7% | -4.7% | ||
| Q4 24 | -12.3% | -1.5% | ||
| Q3 24 | -12.8% | -0.9% | ||
| Q2 24 | -5.8% | -4.6% |
净利率NTSTRPAY
| Q1 26 | 10.0% | — | ||
| Q4 25 | 2.5% | -178.3% | ||
| Q3 25 | 1.3% | -8.3% | ||
| Q2 25 | 6.8% | -135.2% | ||
| Q1 25 | 3.7% | -10.3% | ||
| Q4 24 | -12.3% | -5.3% | ||
| Q3 24 | -12.8% | 4.1% | ||
| Q2 24 | -5.8% | -5.4% |
每股收益（稀释后）NTSTRPAY
| Q1 26 | $0.32 | — | ||
| Q4 25 | $0.01 | $-1.68 | ||
| Q3 25 | $0.01 | $-0.08 | ||
| Q2 25 | $0.04 | $-1.15 | ||
| Q1 25 | $0.02 | $-0.09 | ||
| Q4 24 | $-0.07 | $-0.04 | ||
| Q3 24 | $-0.07 | $0.03 | ||
| Q2 24 | $-0.03 | $-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 | — | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $1.5B | $484.4M |
| 总资产 | $2.8B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | $115.7M | ||
| Q3 25 | — | $95.7M | ||
| Q2 25 | — | $162.6M | ||
| Q1 25 | — | $165.5M | ||
| Q4 24 | — | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $147.1M |
总债务NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $280.1M | ||
| Q3 25 | $1.1B | $279.5M | ||
| Q2 25 | $926.6M | $279.0M | ||
| Q1 25 | $913.3M | $497.6M | ||
| Q4 24 | $868.3M | $496.8M | ||
| Q3 24 | $778.7M | $496.2M | ||
| Q2 24 | $726.2M | $435.6M |
股东权益NTSTRPAY
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.4B | $484.4M | ||
| Q3 25 | $1.3B | $616.9M | ||
| Q2 25 | $1.3B | $633.7M | ||
| Q1 25 | $1.3B | $755.7M | ||
| Q4 24 | $1.3B | $761.3M | ||
| Q3 24 | $1.3B | $754.7M | ||
| Q2 24 | $1.3B | $815.4M |
总资产NTSTRPAY
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.6B | $1.2B | ||
| Q3 25 | $2.5B | $1.3B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $2.3B | $1.6B | ||
| Q3 24 | $2.2B | $1.6B | ||
| Q2 24 | $2.1B | $1.5B |
负债/权益比NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | 0.76× | 0.58× | ||
| Q3 25 | 0.84× | 0.45× | ||
| Q2 25 | 0.70× | 0.44× | ||
| Q1 25 | 0.70× | 0.66× | ||
| Q4 24 | 0.65× | 0.65× | ||
| Q3 24 | 0.58× | 0.66× | ||
| Q2 24 | 0.55× | 0.53× |
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 | — | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | $109.5M | $23.3M | ||
| Q3 25 | $28.0M | $32.2M | ||
| Q2 25 | $30.6M | $33.1M | ||
| Q1 25 | $22.1M | $2.5M | ||
| Q4 24 | $90.2M | $34.3M | ||
| Q3 24 | $25.1M | $60.1M | ||
| Q2 24 | $25.4M | $31.0M |
自由现金流NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M |
自由现金流率NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% |
资本支出强度NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% |
现金转化率NTSTRPAY
| Q1 26 | — | — | ||
| Q4 25 | 82.46× | — | ||
| Q3 25 | 45.27× | — | ||
| Q2 25 | 9.36× | — | ||
| Q1 25 | 13.06× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — |
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
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
