vs
必能宝（PBI）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是必能宝的1.4倍（$663.0M vs $477.6M），Reddit, Inc.净利率更高（30.8% vs 5.7%，领先25.0%），Reddit, Inc.同比增速更快（69.0% vs -7.5%），Reddit, Inc.自由现金流更多（$311.0M vs $201.4M），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs -4.3%）
必能宝（Pitney Bowes）是全球知名科技与物流服务商，提供电商配送、邮寄处理、订单履约及客户信息管理解决方案，服务零售、金融、医疗、政府等领域的各类大中小企业客户，助力企业优化物流配送与客户运营效率。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
PBI vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.4倍
$477.6M
营收增速更快
RDDT
高出76.5%
-7.5%
净利率更高
RDDT
高出25.0%
5.7%
自由现金流更多
RDDT
多$109.6M
$201.4M
两年增速更快
RDDT
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $477.6M | $663.0M |
| 净利润 | $27.3M | $204.0M |
| 毛利率 | — | 100.0% |
| 营业利润率 | 8.0% | 0.0% |
| 净利率 | 5.7% | 30.8% |
| 营收同比 | -7.5% | 69.0% |
| 净利润同比 | 173.1% | 680.0% |
| 每股收益（稀释后） | $0.18 | $1.01 |
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PBIRDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | $477.6M | $725.6M | ||
| Q3 25 | $459.7M | $584.9M | ||
| Q2 25 | $461.9M | $499.6M | ||
| Q1 25 | $493.4M | $392.4M | ||
| Q4 24 | $516.1M | $427.7M | ||
| Q3 24 | $499.5M | $348.4M | ||
| Q2 24 | $489.7M | $281.2M |
净利润PBIRDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | $27.3M | $251.6M | ||
| Q3 25 | $52.0M | $162.7M | ||
| Q2 25 | $30.0M | $89.3M | ||
| Q1 25 | $35.4M | $26.2M | ||
| Q4 24 | $-37.4M | $71.0M | ||
| Q3 24 | $-138.5M | $29.9M | ||
| Q2 24 | $-24.9M | $-10.1M |
毛利率PBIRDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | 53.8% | 92.6% | ||
| Q3 24 | 52.4% | 90.1% | ||
| Q2 24 | 51.1% | 89.5% |
营业利润率PBIRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | 8.0% | 31.9% | ||
| Q3 25 | 14.8% | 23.7% | ||
| Q2 25 | 8.5% | 13.6% | ||
| Q1 25 | 9.5% | 1.0% | ||
| Q4 24 | -9.3% | 12.4% | ||
| Q3 24 | -8.8% | 2.0% | ||
| Q2 24 | -1.6% | -11.0% |
净利率PBIRDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | 5.7% | 34.7% | ||
| Q3 25 | 11.3% | 27.8% | ||
| Q2 25 | 6.5% | 17.9% | ||
| Q1 25 | 7.2% | 6.7% | ||
| Q4 24 | -7.2% | 16.6% | ||
| Q3 24 | -27.7% | 8.6% | ||
| Q2 24 | -5.1% | -3.6% |
每股收益（稀释后）PBIRDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | $0.18 | $1.24 | ||
| Q3 25 | $0.30 | $0.80 | ||
| Q2 25 | $0.17 | $0.45 | ||
| Q1 25 | $0.19 | $0.13 | ||
| Q4 24 | $-0.21 | $4.76 | ||
| Q3 24 | $-0.75 | $0.16 | ||
| Q2 24 | $-0.14 | $-0.06 |
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 | $297.1M | $1.4B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $-802.4M | $3.2B |
| 总资产 | $3.2B | $3.5B |
| 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PBIRDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | $297.1M | $953.6M | ||
| Q3 25 | $336.0M | $911.7M | ||
| Q2 25 | $300.8M | $734.1M | ||
| Q1 25 | $340.0M | $635.7M | ||
| Q4 24 | $486.1M | $562.1M | ||
| Q3 24 | $575.5M | $515.9M | ||
| Q2 24 | $612.0M | $468.0M |
总债务PBIRDDT
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.1B | — |
股东权益PBIRDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | $-802.4M | $2.9B | ||
| Q3 25 | $-661.5M | $2.6B | ||
| Q2 25 | $-536.8M | $2.4B | ||
| Q1 25 | $-535.9M | $2.2B | ||
| Q4 24 | $-578.4M | $2.1B | ||
| Q3 24 | $-518.9M | $2.0B | ||
| Q2 24 | $-427.9M | $1.9B |
总资产PBIRDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | $3.2B | $3.2B | ||
| Q3 25 | $3.3B | $2.9B | ||
| Q2 25 | $3.2B | $2.6B | ||
| Q1 25 | $3.3B | $2.4B | ||
| Q4 24 | $3.4B | $2.3B | ||
| Q3 24 | $3.6B | $2.2B | ||
| Q2 24 | $4.1B | $2.1B |
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 | $221.7M | — |
| 自由现金流经营现金流 - 资本支出 | $201.4M | $311.0M |
| 自由现金流率自由现金流/营收 | 42.2% | 46.9% |
| 资本支出强度资本支出/营收 | 4.2% | — |
| 现金转化率经营现金流/净利润 | 8.11× | — |
| 过去12个月自由现金流最近4个季度 | $317.0M | $868.6M |
8季度趋势，按日历期对齐
经营现金流PBIRDDT
| Q1 26 | — | — | ||
| Q4 25 | $221.7M | $266.8M | ||
| Q3 25 | $66.8M | $185.2M | ||
| Q2 25 | $111.4M | $111.3M | ||
| Q1 25 | $-16.7M | $127.6M | ||
| Q4 24 | $134.5M | $90.0M | ||
| Q3 24 | $14.7M | $71.6M | ||
| Q2 24 | $92.6M | $28.4M |
自由现金流PBIRDDT
| Q1 26 | — | $311.0M | ||
| Q4 25 | $201.4M | $263.6M | ||
| Q3 25 | $51.1M | $183.1M | ||
| Q2 25 | $98.0M | $110.8M | ||
| Q1 25 | $-33.6M | $126.6M | ||
| Q4 24 | $112.3M | $89.2M | ||
| Q3 24 | $-4.7M | $70.3M | ||
| Q2 24 | $76.1M | $27.2M |
自由现金流率PBIRDDT
| Q1 26 | — | 46.9% | ||
| Q4 25 | 42.2% | 36.3% | ||
| Q3 25 | 11.1% | 31.3% | ||
| Q2 25 | 21.2% | 22.2% | ||
| Q1 25 | -6.8% | 32.3% | ||
| Q4 24 | 21.8% | 20.8% | ||
| Q3 24 | -0.9% | 20.2% | ||
| Q2 24 | 15.5% | 9.7% |
资本支出强度PBIRDDT
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 0.4% | ||
| Q3 25 | 3.4% | 0.4% | ||
| Q2 25 | 2.9% | 0.1% | ||
| Q1 25 | 3.4% | 0.2% | ||
| Q4 24 | 4.3% | 0.2% | ||
| Q3 24 | 3.9% | 0.4% | ||
| Q2 24 | 3.4% | 0.4% |
现金转化率PBIRDDT
| Q1 26 | — | — | ||
| Q4 25 | 8.11× | 1.06× | ||
| Q3 25 | 1.29× | 1.14× | ||
| Q2 25 | 3.72× | 1.25× | ||
| Q1 25 | -0.47× | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| 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
PBI
| Sales And Services | $218.4M | 46% |
| Presort Services | $159.7M | 33% |
| Financing And Other | $79.0M | 17% |
| Other | $20.5M | 4% |
RDDT
暂无分部数据
