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Nextdoor Holdings, Inc.（NXDR）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是Nextdoor Holdings, Inc.的1.0倍（$71.1M vs $69.5M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -5.8%，领先7.8%），Nextdoor Holdings, Inc.同比增速更快（6.5% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $9.4M），过去两年Nextdoor Holdings, Inc.的营收复合增速更高（14.3% vs -4.7%）
Nextdoor Holdings, Inc.是一家美国企业，主打面向社区的超本地社交网络服务。公司成立于2008年，总部位于加利福尼亚州旧金山，2011年10月在美国正式推出服务。截至2023年5月，业务已覆盖11个国家，2024年数据显示其平台会员数量达8800万。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
NXDR vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.0倍
$69.5M
营收增速更快
NXDR
高出8.4%
-1.8%
净利率更高
RMAX
高出7.8%
-5.8%
自由现金流更多
RMAX
多$24.1M
$9.4M
两年增速更快
NXDR
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $69.5M | $71.1M |
| 净利润 | $-4.0M | $1.4M |
| 毛利率 | 84.9% | — |
| 营业利润率 | -10.7% | 13.1% |
| 净利率 | -5.8% | 2.0% |
| 营收同比 | 6.5% | -1.8% |
| 净利润同比 | 66.7% | -75.2% |
| 每股收益（稀释后） | $-0.01 | — |
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NXDRRMAX
| Q4 25 | $69.5M | $71.1M | ||
| Q3 25 | $68.9M | $73.2M | ||
| Q2 25 | $65.1M | $72.8M | ||
| Q1 25 | $54.2M | $74.5M | ||
| Q4 24 | $65.2M | $72.5M | ||
| Q3 24 | $65.6M | $78.5M | ||
| Q2 24 | $63.3M | $78.5M | ||
| Q1 24 | $53.1M | $78.3M |
净利润NXDRRMAX
| Q4 25 | $-4.0M | $1.4M | ||
| Q3 25 | $-12.9M | $4.0M | ||
| Q2 25 | $-15.4M | $4.7M | ||
| Q1 25 | $-22.0M | $-2.0M | ||
| Q4 24 | $-12.1M | $5.8M | ||
| Q3 24 | $-14.9M | $966.0K | ||
| Q2 24 | $-42.8M | $3.7M | ||
| Q1 24 | $-28.3M | $-3.4M |
毛利率NXDRRMAX
| Q4 25 | 84.9% | — | ||
| Q3 25 | 84.9% | — | ||
| Q2 25 | 83.6% | — | ||
| Q1 25 | 82.6% | — | ||
| Q4 24 | 84.0% | — | ||
| Q3 24 | 83.0% | — | ||
| Q2 24 | 83.8% | — | ||
| Q1 24 | 81.2% | — |
营业利润率NXDRRMAX
| Q4 25 | -10.7% | 13.1% | ||
| Q3 25 | -25.0% | 25.0% | ||
| Q2 25 | -31.1% | 19.3% | ||
| Q1 25 | -49.9% | 7.2% | ||
| Q4 24 | -26.2% | 5.9% | ||
| Q3 24 | -31.7% | 19.4% | ||
| Q2 24 | -77.4% | 20.6% | ||
| Q1 24 | -65.4% | 5.8% |
净利率NXDRRMAX
| Q4 25 | -5.8% | 2.0% | ||
| Q3 25 | -18.7% | 5.4% | ||
| Q2 25 | -23.6% | 6.4% | ||
| Q1 25 | -40.5% | -2.6% | ||
| Q4 24 | -18.6% | 8.0% | ||
| Q3 24 | -22.7% | 1.2% | ||
| Q2 24 | -67.6% | 4.7% | ||
| Q1 24 | -53.2% | -4.3% |
每股收益（稀释后）NXDRRMAX
| Q4 25 | $-0.01 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $-0.06 | — | ||
| Q4 24 | $-0.03 | — | ||
| Q3 24 | $-0.04 | — | ||
| Q2 24 | $-0.11 | — | ||
| Q1 24 | $-0.07 | — |
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 | $63.3M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $431.3M | $452.4M |
| 总资产 | $486.8M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资NXDRRMAX
| Q4 25 | $63.3M | $118.7M | ||
| Q3 25 | $56.1M | $107.5M | ||
| Q2 25 | $62.0M | $94.3M | ||
| Q1 25 | $57.3M | $89.1M | ||
| Q4 24 | $45.5M | $96.6M | ||
| Q3 24 | $49.7M | $83.8M | ||
| Q2 24 | $53.0M | $66.1M | ||
| Q1 24 | $69.7M | $82.1M |
总债务NXDRRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益NXDRRMAX
| Q4 25 | $431.3M | $452.4M | ||
| Q3 25 | $429.7M | $448.1M | ||
| Q2 25 | $429.5M | $442.4M | ||
| Q1 25 | $436.1M | $433.5M | ||
| Q4 24 | $453.5M | $429.5M | ||
| Q3 24 | $456.0M | $423.1M | ||
| Q2 24 | $472.3M | $418.4M | ||
| Q1 24 | $541.4M | $412.0M |
总资产NXDRRMAX
| Q4 25 | $486.8M | $582.5M | ||
| Q3 25 | $488.9M | $582.2M | ||
| Q2 25 | $490.4M | $574.8M | ||
| Q1 25 | $495.0M | $571.4M | ||
| Q4 24 | $514.0M | $581.6M | ||
| Q3 24 | $517.7M | $578.6M | ||
| Q2 24 | $542.1M | $571.4M | ||
| Q1 24 | $633.1M | $566.7M |
负债/权益比NXDRRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $9.5M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $9.4M | $33.5M |
| 自由现金流率自由现金流/营收 | 13.5% | 47.1% |
| 资本支出强度资本支出/营收 | 0.1% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $5.9M | $56.8M |
8季度趋势，按日历期对齐
经营现金流NXDRRMAX
| Q4 25 | $9.5M | $40.9M | ||
| Q3 25 | $-6.3M | $17.7M | ||
| Q2 25 | $2.9M | $4.6M | ||
| Q1 25 | $368.0K | $5.7M | ||
| Q4 24 | $11.8M | $59.7M | ||
| Q3 24 | $-13.0M | $17.6M | ||
| Q2 24 | $-5.4M | $15.9M | ||
| Q1 24 | $-13.6M | $9.4M |
自由现金流NXDRRMAX
| Q4 25 | $9.4M | $33.5M | ||
| Q3 25 | $-6.5M | $16.4M | ||
| Q2 25 | $2.6M | $2.9M | ||
| Q1 25 | $340.0K | $4.0M | ||
| Q4 24 | $11.7M | $53.0M | ||
| Q3 24 | $-13.2M | $16.3M | ||
| Q2 24 | $-5.5M | $14.0M | ||
| Q1 24 | $-13.6M | $6.8M |
自由现金流率NXDRRMAX
| Q4 25 | 13.5% | 47.1% | ||
| Q3 25 | -9.4% | 22.4% | ||
| Q2 25 | 4.1% | 4.0% | ||
| Q1 25 | 0.6% | 5.3% | ||
| Q4 24 | 17.9% | 73.2% | ||
| Q3 24 | -20.1% | 20.8% | ||
| Q2 24 | -8.6% | 17.8% | ||
| Q1 24 | -25.7% | 8.6% |
资本支出强度NXDRRMAX
| Q4 25 | 0.1% | 10.4% | ||
| Q3 25 | 0.2% | 1.8% | ||
| Q2 25 | 0.5% | 2.2% | ||
| Q1 25 | 0.1% | 2.3% | ||
| Q4 24 | 0.1% | 9.1% | ||
| Q3 24 | 0.3% | 1.7% | ||
| Q2 24 | 0.2% | 2.4% | ||
| Q1 24 | 0.0% | 3.3% |
现金转化率NXDRRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 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
NXDR
| US | $67.1M | 97% |
| Non Us | $2.3M | 3% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
