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PINTEREST, INC.（PINS）与PELOTON INTERACTIVE, INC.（PTON）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是PELOTON INTERACTIVE, INC.的1.5倍（$1.0B vs $656.5M），PELOTON INTERACTIVE, INC.净利率更高（-5.9% vs -7.3%，领先1.4%），PINTEREST, INC.同比增速更快（17.8% vs -2.6%），PINTEREST, INC.自由现金流更多（$311.7M vs $71.0M）
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
派乐腾（Peloton Interactive）是总部位于美国纽约的健身设备与媒体服务商，主打搭载联网触控屏的动感单车、跑步机、室内划船器等产品，用户付费订阅即可观看直播和录播健身课程，设备内置传感器可追踪运动功率等数据，为用户提供实时运动表现反馈，还支持排行榜功能与其他用户互动比拼。
PINS vs PTON — 直观对比
营收规模更大
PINS
是对方的1.5倍
$656.5M
营收增速更快
PINS
高出20.4%
-2.6%
净利率更高
PTON
高出1.4%
-7.3%
自由现金流更多
PINS
多$240.7M
$71.0M
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $656.5M |
| 净利润 | $-73.6M | $-38.8M |
| 毛利率 | 76.3% | 50.5% |
| 营业利润率 | -8.0% | -2.2% |
| 净利率 | -7.3% | -5.9% |
| 营收同比 | 17.8% | -2.6% |
| 净利润同比 | — | 57.8% |
| 每股收益（稀释后） | $-0.12 | $-0.09 |
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PINSPTON
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.3B | $656.5M | ||
| Q3 25 | $1.0B | $550.8M | ||
| Q2 25 | $998.2M | — | ||
| Q1 25 | $855.0M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $898.4M | — | ||
| Q2 24 | $853.7M | — |
净利润PINSPTON
| Q1 26 | $-73.6M | — | ||
| Q4 25 | $277.1M | $-38.8M | ||
| Q3 25 | $92.1M | $13.9M | ||
| Q2 25 | $38.8M | — | ||
| Q1 25 | $8.9M | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $30.6M | — | ||
| Q2 24 | $8.9M | — |
毛利率PINSPTON
| Q1 26 | 76.3% | — | ||
| Q4 25 | 82.8% | 50.5% | ||
| Q3 25 | 79.8% | 51.5% | ||
| Q2 25 | 79.7% | — | ||
| Q1 25 | 76.7% | — | ||
| Q4 24 | 82.9% | — | ||
| Q3 24 | 79.1% | — | ||
| Q2 24 | 78.3% | — |
营业利润率PINSPTON
| Q1 26 | -8.0% | — | ||
| Q4 25 | 22.8% | -2.2% | ||
| Q3 25 | 5.6% | 7.5% | ||
| Q2 25 | -0.4% | — | ||
| Q1 25 | -4.1% | — | ||
| Q4 24 | 22.7% | — | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | -2.5% | — |
净利率PINSPTON
| Q1 26 | -7.3% | — | ||
| Q4 25 | 21.0% | -5.9% | ||
| Q3 25 | 8.8% | 2.5% | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 160.1% | — | ||
| Q3 24 | 3.4% | — | ||
| Q2 24 | 1.0% | — |
每股收益（稀释后）PINSPTON
| Q1 26 | $-0.12 | — | ||
| Q4 25 | $0.41 | $-0.09 | ||
| Q3 25 | $0.13 | $0.03 | ||
| Q2 25 | $0.06 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $2.66 | — | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $0.01 | — |
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 | $378.1M | $1.2B |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $2.9B | $-326.7M |
| 总资产 | $4.6B | $2.2B |
| 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PINSPTON
| Q1 26 | $378.1M | — | ||
| Q4 25 | $969.3M | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.4B | — |
总债务PINSPTON
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PINSPTON
| Q1 26 | $2.9B | — | ||
| Q4 25 | $4.7B | $-326.7M | ||
| Q3 25 | $4.8B | $-347.0M | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $3.2B | — |
总资产PINSPTON
| Q1 26 | $4.6B | — | ||
| Q4 25 | $5.5B | $2.2B | ||
| Q3 25 | $5.5B | $2.2B | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $5.3B | — | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.7B | — |
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 | $328.0M | $71.9M |
| 自由现金流经营现金流 - 资本支出 | $311.7M | $71.0M |
| 自由现金流率自由现金流/营收 | 30.9% | 10.8% |
| 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 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流PINSPTON
| Q1 26 | $328.0M | — | ||
| Q4 25 | $391.2M | $71.9M | ||
| Q3 25 | $321.7M | $71.9M | ||
| Q2 25 | $207.7M | — | ||
| Q1 25 | $363.7M | — | ||
| Q4 24 | $254.0M | — | ||
| Q3 24 | $248.0M | — | ||
| Q2 24 | $106.4M | — |
自由现金流PINSPTON
| Q1 26 | $311.7M | — | ||
| Q4 25 | $380.4M | $71.0M | ||
| Q3 25 | $318.4M | $67.4M | ||
| Q2 25 | $196.7M | — | ||
| Q1 25 | $356.4M | — | ||
| Q4 24 | $250.2M | — | ||
| Q3 24 | $244.1M | — | ||
| Q2 24 | $101.6M | — |
自由现金流率PINSPTON
| Q1 26 | 30.9% | — | ||
| Q4 25 | 28.8% | 10.8% | ||
| Q3 25 | 30.3% | 12.2% | ||
| Q2 25 | 19.7% | — | ||
| Q1 25 | 41.7% | — | ||
| Q4 24 | 21.7% | — | ||
| Q3 24 | 27.2% | — | ||
| Q2 24 | 11.9% | — |
资本支出强度PINSPTON
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 0.1% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.6% | — |
现金转化率PINSPTON
| Q1 26 | — | — | ||
| Q4 25 | 1.41× | — | ||
| Q3 25 | 3.49× | 5.17× | ||
| Q2 25 | 5.36× | — | ||
| Q1 25 | 40.77× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 8.12× | — | ||
| Q2 24 | 11.98× | — |
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
PINS
暂无分部数据
PTON
| Subscription And Circulation | $412.6M | 63% |
| Connected Fitness Products Segment | $243.9M | 37% |
| Product Warranty | $4.0M | 1% |
