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PINTEREST, INC.（PINS）与STEWART INFORMATION SERVICES CORP（STC）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STEWART INFORMATION SERVICES CORP的1.7倍（$1.3B vs $764.6M），PINTEREST, INC.净利率更高（21.0% vs 2.2%，领先18.8%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 14.3%），过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 12.7%）
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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
PINS vs STC — 直观对比
营收规模更大
PINS
是对方的1.7倍
$764.6M
营收增速更快
STC
高出13.3%
14.3%
净利率更高
PINS
高出18.8%
2.2%
两年增速更快
PINS
近两年复合增速
12.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $764.6M |
| 净利润 | $277.1M | $17.0M |
| 毛利率 | 82.8% | — |
| 营业利润率 | 22.8% | — |
| 净利率 | 21.0% | 2.2% |
| 营收同比 | 14.3% | 27.7% |
| 净利润同比 | -85.0% | 448.4% |
| 每股收益（稀释后） | $0.41 | — |
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PINSSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $1.3B | $790.6M | ||
| Q3 25 | $1.0B | $796.9M | ||
| Q2 25 | $998.2M | $722.2M | ||
| Q1 25 | $855.0M | $612.0M | ||
| Q4 24 | $1.2B | $665.9M | ||
| Q3 24 | $898.4M | $667.9M | ||
| Q2 24 | $853.7M | $602.2M |
净利润PINSSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $277.1M | $36.3M | ||
| Q3 25 | $92.1M | $44.3M | ||
| Q2 25 | $38.8M | $31.9M | ||
| Q1 25 | $8.9M | $3.1M | ||
| Q4 24 | $1.8B | $22.7M | ||
| Q3 24 | $30.6M | $30.1M | ||
| Q2 24 | $8.9M | $17.3M |
毛利率PINSSTC
| Q1 26 | — | — | ||
| 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% | — |
营业利润率PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | 22.8% | 6.5% | ||
| Q3 25 | 5.6% | 7.7% | ||
| Q2 25 | -0.4% | 6.5% | ||
| Q1 25 | -4.1% | 1.0% | ||
| Q4 24 | 22.7% | 5.3% | ||
| Q3 24 | -0.7% | 6.4% | ||
| Q2 24 | -2.5% | 4.8% |
净利率PINSSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 21.0% | 4.6% | ||
| Q3 25 | 8.8% | 5.6% | ||
| Q2 25 | 3.9% | 4.4% | ||
| Q1 25 | 1.0% | 0.5% | ||
| Q4 24 | 160.1% | 3.4% | ||
| Q3 24 | 3.4% | 4.5% | ||
| Q2 24 | 1.0% | 2.9% |
每股收益（稀释后）PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | $0.41 | $1.26 | ||
| Q3 25 | $0.13 | $1.55 | ||
| Q2 25 | $0.06 | $1.13 | ||
| Q1 25 | $0.01 | $0.11 | ||
| Q4 24 | $2.66 | $0.81 | ||
| Q3 24 | $0.04 | $1.07 | ||
| Q2 24 | $0.01 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.7B | — |
| 总资产 | $5.5B | — |
| 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PINSSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $969.3M | $369.7M | ||
| Q3 25 | $1.1B | $233.2M | ||
| Q2 25 | $1.2B | $223.8M | ||
| Q1 25 | $1.3B | $194.2M | ||
| Q4 24 | $1.1B | $257.5M | ||
| Q3 24 | $1.0B | $228.7M | ||
| Q2 24 | $1.4B | $176.7M |
总债务PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $445.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | $4.7B | $1.6B | ||
| Q3 25 | $4.8B | $1.5B | ||
| Q2 25 | $4.8B | $1.4B | ||
| Q1 25 | $4.7B | $1.4B | ||
| Q4 24 | $4.8B | $1.4B | ||
| Q3 24 | $2.9B | $1.4B | ||
| Q2 24 | $3.2B | $1.4B |
总资产PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $3.3B | ||
| Q3 25 | $5.5B | $2.8B | ||
| Q2 25 | $5.4B | $2.8B | ||
| Q1 25 | $5.3B | $2.7B | ||
| Q4 24 | $5.3B | $2.7B | ||
| Q3 24 | $3.5B | $2.7B | ||
| Q2 24 | $3.7B | $2.6B |
负债/权益比PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $380.4M | — |
| 自由现金流率自由现金流/营收 | 28.8% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 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季度趋势，按日历期对齐
经营现金流PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | $391.2M | $89.5M | ||
| Q3 25 | $321.7M | $92.6M | ||
| Q2 25 | $207.7M | $53.4M | ||
| Q1 25 | $363.7M | $-29.9M | ||
| Q4 24 | $254.0M | $68.0M | ||
| Q3 24 | $248.0M | $76.1M | ||
| Q2 24 | $106.4M | $21.1M |
自由现金流PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | $380.4M | $62.3M | ||
| Q3 25 | $318.4M | $73.6M | ||
| Q2 25 | $196.7M | $38.7M | ||
| Q1 25 | $356.4M | $-42.2M | ||
| Q4 24 | $250.2M | $55.6M | ||
| Q3 24 | $244.1M | $67.4M | ||
| Q2 24 | $101.6M | $11.9M |
自由现金流率PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | 28.8% | 7.9% | ||
| Q3 25 | 30.3% | 9.2% | ||
| Q2 25 | 19.7% | 5.4% | ||
| Q1 25 | 41.7% | -6.9% | ||
| Q4 24 | 21.7% | 8.4% | ||
| Q3 24 | 27.2% | 10.1% | ||
| Q2 24 | 11.9% | 2.0% |
资本支出强度PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 3.4% | ||
| Q3 25 | 0.3% | 2.4% | ||
| Q2 25 | 1.1% | 2.0% | ||
| Q1 25 | 0.9% | 2.0% | ||
| Q4 24 | 0.3% | 1.9% | ||
| Q3 24 | 0.4% | 1.3% | ||
| Q2 24 | 0.6% | 1.5% |
现金转化率PINSSTC
| Q1 26 | — | — | ||
| Q4 25 | 1.41× | 2.47× | ||
| Q3 25 | 3.49× | 2.09× | ||
| Q2 25 | 5.36× | 1.67× | ||
| Q1 25 | 40.77× | -9.73× | ||
| Q4 24 | 0.14× | 2.99× | ||
| Q3 24 | 8.12× | 2.53× | ||
| Q2 24 | 11.98× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
