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PINTEREST, INC.（PINS）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是PINTEREST, INC.的1.1倍（$1.5B vs $1.3B），PINTEREST, INC.净利率更高（21.0% vs -3.1%，领先24.1%），PINTEREST, INC.同比增速更快（14.3% vs -11.9%），PINTEREST, INC.自由现金流更多（$380.4M vs $-9.0M），过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 26.8%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
PINS vs RXO — 直观对比
营收规模更大
RXO
是对方的1.1倍
$1.3B
营收增速更快
PINS
高出26.2%
-11.9%
净利率更高
PINS
高出24.1%
-3.1%
自由现金流更多
PINS
多$389.4M
$-9.0M
两年增速更快
PINS
近两年复合增速
26.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $277.1M | $-46.0M |
| 毛利率 | 82.8% | — |
| 营业利润率 | 22.8% | -2.9% |
| 净利率 | 21.0% | -3.1% |
| 营收同比 | 14.3% | -11.9% |
| 净利润同比 | -85.0% | -84.0% |
| 每股收益（稀释后） | $0.41 | $-0.28 |
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PINSRXO
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $998.2M | $1.4B | ||
| Q1 25 | $855.0M | $1.4B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $898.4M | $1.0B | ||
| Q2 24 | $853.7M | $930.0M | ||
| Q1 24 | $740.0M | $913.0M |
净利润PINSRXO
| Q4 25 | $277.1M | $-46.0M | ||
| Q3 25 | $92.1M | $-14.0M | ||
| Q2 25 | $38.8M | $-9.0M | ||
| Q1 25 | $8.9M | $-31.0M | ||
| Q4 24 | $1.8B | $-25.0M | ||
| Q3 24 | $30.6M | $-243.0M | ||
| Q2 24 | $8.9M | $-7.0M | ||
| Q1 24 | $-24.8M | $-15.0M |
毛利率PINSRXO
| Q4 25 | 82.8% | — | ||
| Q3 25 | 79.8% | — | ||
| Q2 25 | 79.7% | — | ||
| Q1 25 | 76.7% | — | ||
| Q4 24 | 82.9% | — | ||
| Q3 24 | 79.1% | — | ||
| Q2 24 | 78.3% | — | ||
| Q1 24 | 75.5% | — |
营业利润率PINSRXO
| Q4 25 | 22.8% | -2.9% | ||
| Q3 25 | 5.6% | -0.5% | ||
| Q2 25 | -0.4% | — | ||
| Q1 25 | -4.1% | -2.1% | ||
| Q4 24 | 22.7% | -1.4% | ||
| Q3 24 | -0.7% | -1.9% | ||
| Q2 24 | -2.5% | — | ||
| Q1 24 | -7.4% | -1.3% |
净利率PINSRXO
| Q4 25 | 21.0% | -3.1% | ||
| Q3 25 | 8.8% | -1.0% | ||
| Q2 25 | 3.9% | -0.6% | ||
| Q1 25 | 1.0% | -2.2% | ||
| Q4 24 | 160.1% | -1.5% | ||
| Q3 24 | 3.4% | -23.4% | ||
| Q2 24 | 1.0% | -0.8% | ||
| Q1 24 | -3.4% | -1.6% |
每股收益（稀释后）PINSRXO
| Q4 25 | $0.41 | $-0.28 | ||
| Q3 25 | $0.13 | $-0.08 | ||
| Q2 25 | $0.06 | $-0.05 | ||
| Q1 25 | $0.01 | $-0.18 | ||
| Q4 24 | $2.66 | $-0.17 | ||
| Q3 24 | $0.04 | $-1.81 | ||
| Q2 24 | $0.01 | $-0.06 | ||
| Q1 24 | $-0.04 | $-0.13 |
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 | $969.3M | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $4.7B | $1.5B |
| 总资产 | $5.5B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资PINSRXO
| Q4 25 | $969.3M | $17.0M | ||
| Q3 25 | $1.1B | $25.0M | ||
| Q2 25 | $1.2B | $18.0M | ||
| Q1 25 | $1.3B | $16.0M | ||
| Q4 24 | $1.1B | $35.0M | ||
| Q3 24 | $1.0B | $55.0M | ||
| Q2 24 | $1.4B | $7.0M | ||
| Q1 24 | $1.6B | $7.0M |
总债务PINSRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益PINSRXO
| Q4 25 | $4.7B | $1.5B | ||
| Q3 25 | $4.8B | $1.6B | ||
| Q2 25 | $4.8B | $1.6B | ||
| Q1 25 | $4.7B | $1.6B | ||
| Q4 24 | $4.8B | $1.6B | ||
| Q3 24 | $2.9B | $1.7B | ||
| Q2 24 | $3.2B | $579.0M | ||
| Q1 24 | $3.1B | $582.0M |
总资产PINSRXO
| Q4 25 | $5.5B | $3.3B | ||
| Q3 25 | $5.5B | $3.2B | ||
| Q2 25 | $5.4B | $3.2B | ||
| Q1 25 | $5.3B | $3.3B | ||
| Q4 24 | $5.3B | $3.4B | ||
| Q3 24 | $3.5B | $3.4B | ||
| Q2 24 | $3.7B | $1.8B | ||
| Q1 24 | $3.7B | $1.8B |
负债/权益比PINSRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $391.2M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $380.4M | $-9.0M |
| 自由现金流率自由现金流/营收 | 28.8% | -0.6% |
| 资本支出强度资本支出/营收 | 0.8% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.41× | — |
| 过去12个月自由现金流最近4个季度 | $1.3B | $-8.0M |
8季度趋势，按日历期对齐
经营现金流PINSRXO
| Q4 25 | $391.2M | $7.0M | ||
| Q3 25 | $321.7M | $23.0M | ||
| Q2 25 | $207.7M | $23.0M | ||
| Q1 25 | $363.7M | $-2.0M | ||
| Q4 24 | $254.0M | $-7.0M | ||
| Q3 24 | $248.0M | $-7.0M | ||
| Q2 24 | $106.4M | $-5.0M | ||
| Q1 24 | $356.1M | $7.0M |
自由现金流PINSRXO
| Q4 25 | $380.4M | $-9.0M | ||
| Q3 25 | $318.4M | $9.0M | ||
| Q2 25 | $196.7M | $9.0M | ||
| Q1 25 | $356.4M | $-17.0M | ||
| Q4 24 | $250.2M | $-19.0M | ||
| Q3 24 | $244.1M | $-18.0M | ||
| Q2 24 | $101.6M | $-16.0M | ||
| Q1 24 | $344.0M | $-4.0M |
自由现金流率PINSRXO
| Q4 25 | 28.8% | -0.6% | ||
| Q3 25 | 30.3% | 0.6% | ||
| Q2 25 | 19.7% | 0.6% | ||
| Q1 25 | 41.7% | -1.2% | ||
| Q4 24 | 21.7% | -1.1% | ||
| Q3 24 | 27.2% | -1.7% | ||
| Q2 24 | 11.9% | -1.7% | ||
| Q1 24 | 46.5% | -0.4% |
资本支出强度PINSRXO
| Q4 25 | 0.8% | 1.1% | ||
| Q3 25 | 0.3% | 1.0% | ||
| Q2 25 | 1.1% | 1.0% | ||
| Q1 25 | 0.9% | 1.0% | ||
| Q4 24 | 0.3% | 0.7% | ||
| Q3 24 | 0.4% | 1.1% | ||
| Q2 24 | 0.6% | 1.2% | ||
| Q1 24 | 1.6% | 1.2% |
现金转化率PINSRXO
| Q4 25 | 1.41× | — | ||
| Q3 25 | 3.49× | — | ||
| Q2 25 | 5.36× | — | ||
| Q1 25 | 40.77× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 8.12× | — | ||
| Q2 24 | 11.98× | — | ||
| 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
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
