vs
派安盈（PAYO）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
派安盈的季度营收约是LiveRamp Holdings, Inc.的1.0倍（$217.0M vs $212.2M），LiveRamp Holdings, Inc.净利率更高（18.8% vs 8.8%，领先10.0%），派安盈同比增速更快（9.5% vs 8.6%），过去两年派安盈的营收复合增速更高（16.3% vs 11.1%）
派安盈（Payoneer）是一家美国金融服务企业，主要为全球用户提供在线跨境汇款、数字支付解决方案及营运资金支持，助力中小企业、跨境电商及自由职业者高效处理全球收付款业务，降低跨境资金流转成本。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
PAYO vs RAMP — 直观对比
营收规模更大
PAYO
是对方的1.0倍
$212.2M
营收增速更快
PAYO
高出0.9%
8.6%
净利率更高
RAMP
高出10.0%
8.8%
两年增速更快
PAYO
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $217.0M | $212.2M |
| 净利润 | $19.0M | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | 13.3% | 18.6% |
| 净利率 | 8.8% | 18.8% |
| 营收同比 | 9.5% | 8.6% |
| 净利润同比 | 4.5% | 255.7% |
| 每股收益（稀释后） | $0.05 | $0.62 |
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PAYORAMP
| Q4 25 | $217.0M | $212.2M | ||
| Q3 25 | $209.7M | $199.8M | ||
| Q2 25 | $200.5M | $194.8M | ||
| Q1 25 | $186.3M | $188.7M | ||
| Q4 24 | $198.2M | $195.4M | ||
| Q3 24 | $180.4M | $185.5M | ||
| Q2 24 | $171.2M | $176.0M | ||
| Q1 24 | $160.5M | $171.9M |
净利润PAYORAMP
| Q4 25 | $19.0M | $39.9M | ||
| Q3 25 | $14.1M | $27.4M | ||
| Q2 25 | $19.5M | $7.7M | ||
| Q1 25 | $20.6M | $-6.3M | ||
| Q4 24 | $18.2M | $11.2M | ||
| Q3 24 | $41.6M | $1.7M | ||
| Q2 24 | $32.4M | $-7.5M | ||
| Q1 24 | $29.0M | $-5.4M |
毛利率PAYORAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率PAYORAMP
| Q4 25 | 13.3% | 18.6% | ||
| Q3 25 | 17.3% | 10.7% | ||
| Q2 25 | 15.0% | 3.7% | ||
| Q1 25 | 15.7% | -6.1% | ||
| Q4 24 | 14.7% | 7.5% | ||
| Q3 24 | 19.5% | 4.0% | ||
| Q2 24 | 27.0% | -3.0% | ||
| Q1 24 | 23.9% | -8.3% |
净利率PAYORAMP
| Q4 25 | 8.8% | 18.8% | ||
| Q3 25 | 6.7% | 13.7% | ||
| Q2 25 | 9.7% | 4.0% | ||
| Q1 25 | 11.0% | -3.3% | ||
| Q4 24 | 9.2% | 5.7% | ||
| Q3 24 | 23.1% | 0.9% | ||
| Q2 24 | 18.9% | -4.3% | ||
| Q1 24 | 18.1% | -3.1% |
每股收益（稀释后）PAYORAMP
| Q4 25 | $0.05 | $0.62 | ||
| Q3 25 | $0.04 | $0.42 | ||
| Q2 25 | $0.05 | $0.12 | ||
| Q1 25 | $0.05 | $-0.10 | ||
| Q4 24 | $0.03 | $0.17 | ||
| Q3 24 | $0.11 | $0.03 | ||
| Q2 24 | $0.09 | $-0.11 | ||
| Q1 24 | $0.08 | $-0.09 |
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 | $415.5M | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $704.4M | $962.3M |
| 总资产 | $9.0B | $1.3B |
| 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PAYORAMP
| Q4 25 | $415.5M | $403.4M | ||
| Q3 25 | $479.4M | $376.9M | ||
| Q2 25 | $497.1M | $371.1M | ||
| Q1 25 | $524.1M | $420.8M | ||
| Q4 24 | $497.5M | $384.3M | ||
| Q3 24 | $534.2M | $348.4M | ||
| Q2 24 | $575.7M | $342.7M | ||
| Q1 24 | $587.2M | $368.9M |
股东权益PAYORAMP
| Q4 25 | $704.4M | $962.3M | ||
| Q3 25 | $750.5M | $943.8M | ||
| Q2 25 | $770.9M | $947.8M | ||
| Q1 25 | $750.7M | $948.9M | ||
| Q4 24 | $724.8M | $957.7M | ||
| Q3 24 | $727.9M | $932.1M | ||
| Q2 24 | $669.4M | $951.9M | ||
| Q1 24 | $661.5M | $949.1M |
总资产PAYORAMP
| Q4 25 | $9.0B | $1.3B | ||
| Q3 25 | $8.2B | $1.2B | ||
| Q2 25 | $8.1B | $1.2B | ||
| Q1 25 | $7.6B | $1.3B | ||
| Q4 24 | $7.9B | $1.3B | ||
| Q3 24 | $7.1B | $1.2B | ||
| Q2 24 | $6.9B | $1.2B | ||
| Q1 24 | $6.8B | $1.2B |
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 | $54.9M | — |
| 自由现金流经营现金流 - 资本支出 | $40.3M | — |
| 自由现金流率自由现金流/营收 | 18.6% | — |
| 资本支出强度资本支出/营收 | 6.7% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $206.6M | — |
8季度趋势，按日历期对齐
经营现金流PAYORAMP
| Q4 25 | $54.9M | — | ||
| Q3 25 | $54.2M | $57.4M | ||
| Q2 25 | $70.7M | $-15.8M | ||
| Q1 25 | $53.7M | — | ||
| Q4 24 | $45.9M | $45.1M | ||
| Q3 24 | $50.1M | $55.6M | ||
| Q2 24 | $41.4M | $-9.3M | ||
| Q1 24 | $39.5M | — |
自由现金流PAYORAMP
| Q4 25 | $40.3M | — | ||
| Q3 25 | $49.2M | $56.8M | ||
| Q2 25 | $68.1M | $-16.2M | ||
| Q1 25 | $49.0M | — | ||
| Q4 24 | $42.1M | $44.8M | ||
| Q3 24 | $48.5M | $55.4M | ||
| Q2 24 | $40.2M | $-9.6M | ||
| Q1 24 | $37.9M | — |
自由现金流率PAYORAMP
| Q4 25 | 18.6% | — | ||
| Q3 25 | 23.5% | 28.4% | ||
| Q2 25 | 34.0% | -8.3% | ||
| Q1 25 | 26.3% | — | ||
| Q4 24 | 21.3% | 22.9% | ||
| Q3 24 | 26.9% | 29.8% | ||
| Q2 24 | 23.5% | -5.4% | ||
| Q1 24 | 23.6% | — |
资本支出强度PAYORAMP
| Q4 25 | 6.7% | 0.1% | ||
| Q3 25 | 2.4% | 0.3% | ||
| Q2 25 | 1.3% | 0.2% | ||
| Q1 25 | 2.5% | 0.2% | ||
| Q4 24 | 1.9% | 0.1% | ||
| Q3 24 | 0.9% | 0.1% | ||
| Q2 24 | 0.7% | 0.1% | ||
| Q1 24 | 1.0% | 1.0% |
现金转化率PAYORAMP
| Q4 25 | 2.89× | — | ||
| Q3 25 | 3.84× | 2.09× | ||
| Q2 25 | 3.63× | -2.04× | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 2.52× | 4.02× | ||
| Q3 24 | 1.21× | 32.10× | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.36× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
