vs
Opendoor Technologies Inc.（OPEN）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是Opendoor Technologies Inc.的1.1倍（$828.2M vs $736.0M），Rithm Capital Corp.净利率更高（13.2% vs -148.9%，领先162.1%），Rithm Capital Corp.同比增速更快（508.5% vs -32.1%），过去两年Rithm Capital Corp.的营收复合增速更高（-17.9% vs -21.1%）
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
OPEN vs RITM — 直观对比
营收规模更大
RITM
是对方的1.1倍
$736.0M
营收增速更快
RITM
高出540.6%
-32.1%
净利率更高
RITM
高出162.1%
-148.9%
两年增速更快
RITM
近两年复合增速
-21.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $736.0M | $828.2M |
| 净利润 | $-1.1B | $109.5M |
| 毛利率 | 7.7% | — |
| 营业利润率 | -20.4% | 29.9% |
| 净利率 | -148.9% | 13.2% |
| 营收同比 | -32.1% | 508.5% |
| 净利润同比 | -869.9% | 27.7% |
| 每股收益（稀释后） | $-1.42 | $0.12 |
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OPENRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $736.0M | $1.5B | ||
| Q3 25 | $915.0M | $1.1B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.2B | $768.4M | ||
| Q4 24 | $1.1B | $2.1B | ||
| Q3 24 | $1.4B | $619.5M | ||
| Q2 24 | $1.5B | $1.2B |
净利润OPENRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $-1.1B | $85.0M | ||
| Q3 25 | $-90.0M | $221.5M | ||
| Q2 25 | $-29.0M | $311.7M | ||
| Q1 25 | $-85.0M | $78.8M | ||
| Q4 24 | $-113.0M | $290.2M | ||
| Q3 24 | $-78.0M | $121.7M | ||
| Q2 24 | $-92.0M | $235.6M |
毛利率OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.2% | — | ||
| Q2 25 | 8.2% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 7.6% | — | ||
| Q2 24 | 8.5% | — |
营业利润率OPENRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | -20.4% | 13.8% | ||
| Q3 25 | -7.4% | 21.4% | ||
| Q2 25 | -0.8% | 25.2% | ||
| Q1 25 | -4.9% | 7.4% | ||
| Q4 24 | -8.7% | 23.8% | ||
| Q3 24 | -4.9% | 7.3% | ||
| Q2 24 | -4.8% | 23.6% |
净利率OPENRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | -148.9% | 5.7% | ||
| Q3 25 | -9.8% | 20.0% | ||
| Q2 25 | -1.9% | 25.6% | ||
| Q1 25 | -7.4% | 10.3% | ||
| Q4 24 | -10.4% | 14.0% | ||
| Q3 24 | -5.7% | 19.7% | ||
| Q2 24 | -6.1% | 19.2% |
每股收益（稀释后）OPENRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $-1.42 | $0.09 | ||
| Q3 25 | $-0.12 | $0.35 | ||
| Q2 25 | $-0.04 | $0.53 | ||
| Q1 25 | $-0.12 | $0.07 | ||
| Q4 24 | $-0.16 | $0.50 | ||
| Q3 24 | $-0.11 | $0.20 | ||
| Q2 24 | $-0.13 | $0.43 |
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 | $962.0M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $9.1B |
| 总资产 | $2.4B | $53.4B |
| 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OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | $962.0M | $1.8B | ||
| Q3 25 | $962.0M | $1.6B | ||
| Q2 25 | $789.0M | $1.6B | ||
| Q1 25 | $559.0M | $1.5B | ||
| Q4 24 | $679.0M | $1.5B | ||
| Q3 24 | $837.0M | $1.6B | ||
| Q2 24 | $809.0M | $1.2B |
总债务OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益OPENRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $1.0B | $8.4B | ||
| Q3 25 | $811.0M | $8.5B | ||
| Q2 25 | $631.0M | $7.9B | ||
| Q1 25 | $645.0M | $7.8B | ||
| Q4 24 | $713.0M | $7.8B | ||
| Q3 24 | $801.0M | $7.7B | ||
| Q2 24 | $845.0M | $7.3B |
总资产OPENRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $2.4B | $53.1B | ||
| Q3 25 | $2.7B | $47.2B | ||
| Q2 25 | $2.9B | $44.3B | ||
| Q1 25 | $3.3B | $45.3B | ||
| Q4 24 | $3.1B | $46.0B | ||
| Q3 24 | $3.4B | $42.3B | ||
| Q2 24 | $3.4B | $42.0B |
负债/权益比OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | $70.0M | — |
| 自由现金流经营现金流 - 资本支出 | $67.0M | — |
| 自由现金流率自由现金流/营收 | 9.1% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 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 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | $70.0M | $-114.6M | ||
| Q3 25 | $435.0M | $-2.0B | ||
| Q2 25 | $823.0M | $-557.1M | ||
| Q1 25 | $-279.0M | $1.4B | ||
| Q4 24 | $-80.0M | $-1.8B | ||
| Q3 24 | $62.0M | $768.1M | ||
| Q2 24 | $-399.0M | $-55.7M |
自由现金流OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | $67.0M | — | ||
| Q3 25 | $432.0M | — | ||
| Q2 25 | $821.0M | — | ||
| Q1 25 | $-283.0M | — | ||
| Q4 24 | $-83.0M | — | ||
| Q3 24 | $56.0M | — | ||
| Q2 24 | $-407.0M | — |
自由现金流率OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | 9.1% | — | ||
| Q3 25 | 47.2% | — | ||
| Q2 25 | 52.4% | — | ||
| Q1 25 | -24.5% | — | ||
| Q4 24 | -7.7% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | -26.9% | — |
资本支出强度OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.5% | — |
现金转化率OPENRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | — | -9.22× | ||
| Q2 25 | — | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | — | -6.04× | ||
| Q3 24 | — | 6.31× | ||
| Q2 24 | — | -0.24× |
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
OPEN
暂无分部数据
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
