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PubMatic, Inc.（PUBM）与REPUBLIC BANCORP INC（RBCAA）财务数据对比。点击上方公司名可切换其他公司
REPUBLIC BANCORP INC的季度营收约是PubMatic, Inc.的1.2倍（$94.3M vs $80.0M），REPUBLIC BANCORP INC同比增速更快（5.3% vs -6.4%），REPUBLIC BANCORP INC自由现金流更多（$161.1M vs $11.3M），过去两年PubMatic, Inc.的营收复合增速更高（9.5% vs -11.5%）
PubMatic是一家面向数字出版与广告行业的科技企业，核心开发供应端实时程序化广告交易系统，依托自动化技术连接网站、视频、移动端应用的出版商与广告买家，同时支持用户选择不共享个人信息，目前在全球多国设有办公网点。
肯塔基州共和银行是美国的一家区域性银行控股企业，提供零售及商业银行全品类服务，涵盖个人存贷款、企业融资、按揭产品及财富管理解决方案，主要服务肯塔基州及周边州的个人消费者和中小企业客户。
PUBM vs RBCAA — 直观对比
营收规模更大
RBCAA
是对方的1.2倍
$80.0M
营收增速更快
RBCAA
高出11.7%
-6.4%
自由现金流更多
RBCAA
多$149.8M
$11.3M
两年增速更快
PUBM
近两年复合增速
-11.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $80.0M | $94.3M |
| 净利润 | — | $22.8M |
| 毛利率 | 68.2% | — |
| 营业利润率 | 10.6% | 29.3% |
| 净利率 | — | 24.2% |
| 营收同比 | -6.4% | 5.3% |
| 净利润同比 | — | 20.0% |
| 每股收益（稀释后） | $0.14 | — |
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PUBMRBCAA
| Q4 25 | $80.0M | $94.3M | ||
| Q3 25 | $68.0M | $93.5M | ||
| Q2 25 | $71.1M | $93.8M | ||
| Q1 25 | $63.8M | $135.8M | ||
| Q4 24 | $85.5M | $89.5M | ||
| Q3 24 | $71.8M | $88.1M | ||
| Q2 24 | $67.3M | $86.9M | ||
| Q1 24 | $66.7M | $120.3M |
净利润PUBMRBCAA
| Q4 25 | — | $22.8M | ||
| Q3 25 | $-6.5M | $29.7M | ||
| Q2 25 | $-5.2M | $31.5M | ||
| Q1 25 | $-9.5M | $47.3M | ||
| Q4 24 | — | $19.0M | ||
| Q3 24 | $-912.0K | $26.5M | ||
| Q2 24 | $2.0M | $25.2M | ||
| Q1 24 | $-2.5M | $30.6M |
毛利率PUBMRBCAA
| Q4 25 | 68.2% | — | ||
| Q3 25 | 62.6% | — | ||
| Q2 25 | 62.6% | — | ||
| Q1 25 | 59.9% | — | ||
| Q4 24 | 70.8% | — | ||
| Q3 24 | 64.5% | — | ||
| Q2 24 | 62.6% | — | ||
| Q1 24 | 61.9% | — |
营业利润率PUBMRBCAA
| Q4 25 | 10.6% | 29.3% | ||
| Q3 25 | -12.4% | 40.4% | ||
| Q2 25 | -7.7% | 43.0% | ||
| Q1 25 | -18.6% | 44.1% | ||
| Q4 24 | 17.3% | 25.8% | ||
| Q3 24 | -1.9% | 38.4% | ||
| Q2 24 | -5.9% | 37.0% | ||
| Q1 24 | -8.3% | 32.2% |
净利率PUBMRBCAA
| Q4 25 | — | 24.2% | ||
| Q3 25 | -9.5% | 31.8% | ||
| Q2 25 | -7.3% | 33.5% | ||
| Q1 25 | -14.9% | 34.8% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | -1.3% | 30.1% | ||
| Q2 24 | 2.9% | 29.0% | ||
| Q1 24 | -3.7% | 25.4% |
每股收益（稀释后）PUBMRBCAA
| Q4 25 | $0.14 | — | ||
| Q3 25 | $-0.14 | — | ||
| Q2 25 | $-0.11 | — | ||
| Q1 25 | $-0.20 | — | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $-0.02 | — | ||
| Q2 24 | $0.04 | — | ||
| Q1 24 | $-0.05 | — |
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 | $145.5M | $220.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $262.6M | $1.1B |
| 总资产 | $680.2M | $7.0B |
| 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PUBMRBCAA
| Q4 25 | $145.5M | $220.0M | ||
| Q3 25 | $136.5M | $484.2M | ||
| Q2 25 | $90.5M | $484.8M | ||
| Q1 25 | $101.8M | $793.0M | ||
| Q4 24 | $100.5M | $432.2M | ||
| Q3 24 | $78.9M | $530.9M | ||
| Q2 24 | $73.5M | $400.1M | ||
| Q1 24 | $80.2M | $546.4M |
股东权益PUBMRBCAA
| Q4 25 | $262.6M | $1.1B | ||
| Q3 25 | $245.1M | $1.1B | ||
| Q2 25 | $243.3M | $1.1B | ||
| Q1 25 | $275.6M | $1.0B | ||
| Q4 24 | $277.3M | $992.0M | ||
| Q3 24 | $263.2M | $979.7M | ||
| Q2 24 | $282.7M | $955.4M | ||
| Q1 24 | $288.7M | $935.6M |
总资产PUBMRBCAA
| Q4 25 | $680.2M | $7.0B | ||
| Q3 25 | $676.2M | $7.0B | ||
| Q2 25 | $675.2M | $7.0B | ||
| Q1 25 | $668.6M | $7.1B | ||
| Q4 24 | $739.5M | $6.8B | ||
| Q3 24 | $689.1M | $6.7B | ||
| Q2 24 | $673.1M | $6.6B | ||
| Q1 24 | $626.2M | $6.9B |
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 | $18.2M | $168.2M |
| 自由现金流经营现金流 - 资本支出 | $11.3M | $161.1M |
| 自由现金流率自由现金流/营收 | 14.1% | 170.9% |
| 资本支出强度资本支出/营收 | 8.6% | 7.5% |
| 现金转化率经营现金流/净利润 | — | 7.37× |
| 过去12个月自由现金流最近4个季度 | $66.7M | $288.6M |
8季度趋势，按日历期对齐
经营现金流PUBMRBCAA
| Q4 25 | $18.2M | $168.2M | ||
| Q3 25 | $32.4M | $33.3M | ||
| Q2 25 | $14.9M | $8.4M | ||
| Q1 25 | $15.6M | $93.2M | ||
| Q4 24 | $18.0M | $149.0M | ||
| Q3 24 | $19.1M | $51.3M | ||
| Q2 24 | $11.9M | $4.0M | ||
| Q1 24 | $24.3M | $71.2M |
自由现金流PUBMRBCAA
| Q4 25 | $11.3M | $161.1M | ||
| Q3 25 | $27.7M | $30.8M | ||
| Q2 25 | $13.6M | $5.2M | ||
| Q1 25 | $14.2M | $91.6M | ||
| Q4 24 | $13.7M | $143.2M | ||
| Q3 24 | $7.4M | $49.8M | ||
| Q2 24 | $11.2M | $2.7M | ||
| Q1 24 | $23.5M | $69.1M |
自由现金流率PUBMRBCAA
| Q4 25 | 14.1% | 170.9% | ||
| Q3 25 | 40.8% | 32.9% | ||
| Q2 25 | 19.1% | 5.5% | ||
| Q1 25 | 22.2% | 67.4% | ||
| Q4 24 | 16.1% | 160.0% | ||
| Q3 24 | 10.3% | 56.5% | ||
| Q2 24 | 16.7% | 3.1% | ||
| Q1 24 | 35.2% | 57.5% |
资本支出强度PUBMRBCAA
| Q4 25 | 8.6% | 7.5% | ||
| Q3 25 | 6.9% | 2.6% | ||
| Q2 25 | 1.9% | 3.5% | ||
| Q1 25 | 2.3% | 1.2% | ||
| Q4 24 | 5.1% | 6.5% | ||
| Q3 24 | 16.3% | 1.7% | ||
| Q2 24 | 1.1% | 1.5% | ||
| Q1 24 | 1.2% | 1.7% |
现金转化率PUBMRBCAA
| Q4 25 | — | 7.37× | ||
| Q3 25 | — | 1.12× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 1.97× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | 6.06× | 0.16× | ||
| Q1 24 | — | 2.33× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
