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PINTEREST, INC.（PINS）与Trade Desk (The)（TTD）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Trade Desk (The)的1.6倍（$1.3B vs $846.8M）。Trade Desk (The)净利率更高（22.1% vs 21.0%，领先1.1%）。PINTEREST, INC.同比增速更快（14.3% vs 14.3%）。PINTEREST, INC.自由现金流更多（$380.4M vs $285.3M）。过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 31.3%）
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。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
PINS vs TTD — 直观对比
营收规模更大
PINS
是对方的1.6倍
$846.8M
营收增速更快
PINS
高出0.0%
14.3%
净利率更高
TTD
高出1.1%
21.0%
自由现金流更多
PINS
多$95.1M
$285.3M
两年增速更快
PINS
近两年复合增速
31.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $846.8M |
| 净利润 | $277.1M | $186.9M |
| 毛利率 | 82.8% | 80.7% |
| 营业利润率 | 22.8% | 30.3% |
| 净利率 | 21.0% | 22.1% |
| 营收同比 | 14.3% | 14.3% |
| 净利润同比 | -85.0% | 2.6% |
| 每股收益（稀释后） | $0.41 | $0.39 |
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PINSTTD
| Q4 25 | $1.3B | $846.8M | ||
| Q3 25 | $1.0B | $739.4M | ||
| Q2 25 | $998.2M | $694.0M | ||
| Q1 25 | $855.0M | $616.0M | ||
| Q4 24 | $1.2B | $741.0M | ||
| Q3 24 | $898.4M | $628.0M | ||
| Q2 24 | $853.7M | $584.5M | ||
| Q1 24 | $740.0M | $491.3M |
净利润PINSTTD
| Q4 25 | $277.1M | $186.9M | ||
| Q3 25 | $92.1M | $115.5M | ||
| Q2 25 | $38.8M | $90.1M | ||
| Q1 25 | $8.9M | $50.7M | ||
| Q4 24 | $1.8B | $182.2M | ||
| Q3 24 | $30.6M | $94.2M | ||
| Q2 24 | $8.9M | $85.0M | ||
| Q1 24 | $-24.8M | $31.7M |
毛利率PINSTTD
| Q4 25 | 82.8% | 80.7% | ||
| Q3 25 | 79.8% | 78.1% | ||
| Q2 25 | 79.7% | 78.2% | ||
| Q1 25 | 76.7% | 76.8% | ||
| Q4 24 | 82.9% | 81.7% | ||
| Q3 24 | 79.1% | 80.5% | ||
| Q2 24 | 78.3% | 81.1% | ||
| Q1 24 | 75.5% | 78.9% |
营业利润率PINSTTD
| Q4 25 | 22.8% | 30.3% | ||
| Q3 25 | 5.6% | 21.8% | ||
| Q2 25 | -0.4% | 16.8% | ||
| Q1 25 | -4.1% | 8.8% | ||
| Q4 24 | 22.7% | 26.4% | ||
| Q3 24 | -0.7% | 17.3% | ||
| Q2 24 | -2.5% | 16.2% | ||
| Q1 24 | -7.4% | 5.8% |
净利率PINSTTD
| Q4 25 | 21.0% | 22.1% | ||
| Q3 25 | 8.8% | 15.6% | ||
| Q2 25 | 3.9% | 13.0% | ||
| Q1 25 | 1.0% | 8.2% | ||
| Q4 24 | 160.1% | 24.6% | ||
| Q3 24 | 3.4% | 15.0% | ||
| Q2 24 | 1.0% | 14.5% | ||
| Q1 24 | -3.4% | 6.4% |
每股收益（稀释后）PINSTTD
| Q4 25 | $0.41 | $0.39 | ||
| Q3 25 | $0.13 | $0.23 | ||
| Q2 25 | $0.06 | $0.18 | ||
| Q1 25 | $0.01 | $0.10 | ||
| Q4 24 | $2.66 | $0.36 | ||
| Q3 24 | $0.04 | $0.19 | ||
| Q2 24 | $0.01 | $0.17 | ||
| Q1 24 | $-0.04 | $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 | $969.3M | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.7B | $2.5B |
| 总资产 | $5.5B | $6.2B |
| 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PINSTTD
| Q4 25 | $969.3M | $1.3B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $1.0B | $1.7B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.6B | $1.4B |
股东权益PINSTTD
| Q4 25 | $4.7B | $2.5B | ||
| Q3 25 | $4.8B | $2.6B | ||
| Q2 25 | $4.8B | $2.7B | ||
| Q1 25 | $4.7B | $2.7B | ||
| Q4 24 | $4.8B | $2.9B | ||
| Q3 24 | $2.9B | $2.6B | ||
| Q2 24 | $3.2B | $2.4B | ||
| Q1 24 | $3.1B | $2.2B |
总资产PINSTTD
| Q4 25 | $5.5B | $6.2B | ||
| Q3 25 | $5.5B | $5.9B | ||
| Q2 25 | $5.4B | $6.0B | ||
| Q1 25 | $5.3B | $5.7B | ||
| Q4 24 | $5.3B | $6.1B | ||
| Q3 24 | $3.5B | $5.5B | ||
| Q2 24 | $3.7B | $5.2B | ||
| Q1 24 | $3.7B | $4.7B |
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 | $391.2M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | $380.4M | $285.3M |
| 自由现金流率自由现金流/营收 | 28.8% | 33.7% |
| 资本支出强度资本支出/营收 | 0.8% | 3.1% |
| 现金转化率经营现金流/净利润 | 1.41× | 1.67× |
| 过去12个月自由现金流最近4个季度 | $1.3B | $795.7M |
8季度趋势，按日历期对齐
经营现金流PINSTTD
| Q4 25 | $391.2M | $311.6M | ||
| Q3 25 | $321.7M | $224.7M | ||
| Q2 25 | $207.7M | $165.0M | ||
| Q1 25 | $363.7M | $291.4M | ||
| Q4 24 | $254.0M | $199.4M | ||
| Q3 24 | $248.0M | $273.3M | ||
| Q2 24 | $106.4M | $81.3M | ||
| Q1 24 | $356.1M | $185.5M |
自由现金流PINSTTD
| Q4 25 | $380.4M | $285.3M | ||
| Q3 25 | $318.4M | $158.3M | ||
| Q2 25 | $196.7M | $119.8M | ||
| Q1 25 | $356.4M | $232.3M | ||
| Q4 24 | $250.2M | $179.2M | ||
| Q3 24 | $244.1M | $224.6M | ||
| Q2 24 | $101.6M | $59.1M | ||
| Q1 24 | $344.0M | $178.2M |
自由现金流率PINSTTD
| Q4 25 | 28.8% | 33.7% | ||
| Q3 25 | 30.3% | 21.4% | ||
| Q2 25 | 19.7% | 17.3% | ||
| Q1 25 | 41.7% | 37.7% | ||
| Q4 24 | 21.7% | 24.2% | ||
| Q3 24 | 27.2% | 35.8% | ||
| Q2 24 | 11.9% | 10.1% | ||
| Q1 24 | 46.5% | 36.3% |
资本支出强度PINSTTD
| Q4 25 | 0.8% | 3.1% | ||
| Q3 25 | 0.3% | 9.0% | ||
| Q2 25 | 1.1% | 6.5% | ||
| Q1 25 | 0.9% | 9.6% | ||
| Q4 24 | 0.3% | 2.7% | ||
| Q3 24 | 0.4% | 7.8% | ||
| Q2 24 | 0.6% | 3.8% | ||
| Q1 24 | 1.6% | 1.5% |
现金转化率PINSTTD
| Q4 25 | 1.41× | 1.67× | ||
| Q3 25 | 3.49× | 1.94× | ||
| Q2 25 | 5.36× | 1.83× | ||
| Q1 25 | 40.77× | 5.75× | ||
| Q4 24 | 0.14× | 1.09× | ||
| Q3 24 | 8.12× | 2.90× | ||
| Q2 24 | 11.98× | 0.96× | ||
| Q1 24 | — | 5.86× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
