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Real Brokerage Inc（REAX）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Real Brokerage Inc的1.4倍（$814.9M vs $568.5M），Ubiquiti Inc.净利率更高（28.7% vs -0.1%，领先28.7%），Real Brokerage Inc同比增速更快（52.6% vs 35.8%），Ubiquiti Inc.自由现金流更多（$260.3M vs $8.4M）
该企业是美国房产服务企业，主营房产经纪业务运营与品牌特许经营，业务覆盖房产中介、 relocation服务、产权服务、保险及结算服务，旗下拥有Better Homes and Gardens Real Estate、21世纪不动产、Coldwell Banker、Corcoran Group、ERA房地产以及苏富比国际地产等多个知名品牌，2026年被Compass, Inc.收购。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
REAX vs UI — 直观对比
营收规模更大
UI
是对方的1.4倍
$568.5M
营收增速更快
REAX
高出16.8%
35.8%
净利率更高
UI
高出28.7%
-0.1%
自由现金流更多
UI
多$251.9M
$8.4M
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $568.5M | $814.9M |
| 净利润 | $-447.0K | $233.6M |
| 毛利率 | 7.9% | 45.9% |
| 营业利润率 | -0.1% | 35.9% |
| 净利率 | -0.1% | 28.7% |
| 营收同比 | 52.6% | 35.8% |
| 净利润同比 | 82.7% | 70.8% |
| 每股收益（稀释后） | $0.00 | $3.86 |
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REAXUI
| Q4 25 | — | $814.9M | ||
| Q3 25 | $568.5M | $733.8M | ||
| Q2 25 | $540.7M | $759.2M | ||
| Q1 25 | $354.0M | $664.2M | ||
| Q4 24 | — | $599.9M | ||
| Q3 24 | $372.5M | $550.3M | ||
| Q2 24 | — | $507.5M | ||
| Q1 24 | $200.7M | $493.0M |
净利润REAXUI
| Q4 25 | — | $233.6M | ||
| Q3 25 | $-447.0K | $207.9M | ||
| Q2 25 | $1.5M | $266.7M | ||
| Q1 25 | $-5.0M | $180.4M | ||
| Q4 24 | — | $136.8M | ||
| Q3 24 | $-2.6M | $128.0M | ||
| Q2 24 | — | $103.8M | ||
| Q1 24 | $-16.1M | $76.3M |
毛利率REAXUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | 7.9% | 46.0% | ||
| Q2 25 | 8.9% | 45.1% | ||
| Q1 25 | 9.6% | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | 8.6% | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | 10.3% | 35.3% |
营业利润率REAXUI
| Q4 25 | — | 35.9% | ||
| Q3 25 | -0.1% | 35.7% | ||
| Q2 25 | 0.3% | 34.4% | ||
| Q1 25 | -1.5% | 34.2% | ||
| Q4 24 | — | 29.8% | ||
| Q3 24 | -0.7% | 30.7% | ||
| Q2 24 | — | 27.3% | ||
| Q1 24 | -7.8% | 22.6% |
净利率REAXUI
| Q4 25 | — | 28.7% | ||
| Q3 25 | -0.1% | 28.3% | ||
| Q2 25 | 0.3% | 35.1% | ||
| Q1 25 | -1.4% | 27.2% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | -0.7% | 23.3% | ||
| Q2 24 | — | 20.5% | ||
| Q1 24 | -8.0% | 15.5% |
每股收益（稀释后）REAXUI
| Q4 25 | — | $3.86 | ||
| Q3 25 | $0.00 | $3.43 | ||
| Q2 25 | $0.01 | $4.40 | ||
| Q1 25 | $-0.02 | $2.98 | ||
| Q4 24 | — | $2.26 | ||
| Q3 24 | $-0.01 | $2.12 | ||
| Q2 24 | — | $1.72 | ||
| Q1 24 | $-0.09 | $1.26 |
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 | $38.7M | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $53.6M | $1.0B |
| 总资产 | $145.2M | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资REAXUI
| Q4 25 | — | $302.8M | ||
| Q3 25 | $38.7M | $177.2M | ||
| Q2 25 | $49.7M | $149.7M | ||
| Q1 25 | $24.7M | $151.0M | ||
| Q4 24 | — | $133.1M | ||
| Q3 24 | $22.6M | $165.2M | ||
| Q2 24 | — | $126.3M | ||
| Q1 24 | $20.1M | $102.5M |
总债务REAXUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益REAXUI
| Q4 25 | — | $1.0B | ||
| Q3 25 | $53.6M | $828.4M | ||
| Q2 25 | $49.2M | $668.3M | ||
| Q1 25 | $32.8M | $436.1M | ||
| Q4 24 | — | $290.4M | ||
| Q3 24 | $29.8M | $188.1M | ||
| Q2 24 | — | $95.1M | ||
| Q1 24 | $25.6M | $25.9M |
总资产REAXUI
| Q4 25 | — | $1.6B | ||
| Q3 25 | $145.2M | $1.5B | ||
| Q2 25 | $149.4M | $1.5B | ||
| Q1 25 | $100.5M | $1.3B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $102.5M | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
负债/权益比REAXUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $8.8M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $8.4M | $260.3M |
| 自由现金流率自由现金流/营收 | 1.5% | 31.9% |
| 资本支出强度资本支出/营收 | 0.1% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $71.7M | $699.5M |
8季度趋势，按日历期对齐
经营现金流REAXUI
| Q4 25 | — | $263.9M | ||
| Q3 25 | $8.8M | $198.5M | ||
| Q2 25 | $41.0M | $130.4M | ||
| Q1 25 | $15.9M | $123.6M | ||
| Q4 24 | — | $152.4M | ||
| Q3 24 | $7.2M | $233.7M | ||
| Q2 24 | — | $231.4M | ||
| Q1 24 | $21.5M | $163.9M |
自由现金流REAXUI
| Q4 25 | — | $260.3M | ||
| Q3 25 | $8.4M | $193.3M | ||
| Q2 25 | $40.8M | $125.2M | ||
| Q1 25 | $15.7M | $120.7M | ||
| Q4 24 | — | $150.4M | ||
| Q3 24 | $6.8M | $231.1M | ||
| Q2 24 | — | $229.5M | ||
| Q1 24 | $21.4M | $160.6M |
自由现金流率REAXUI
| Q4 25 | — | 31.9% | ||
| Q3 25 | 1.5% | 26.3% | ||
| Q2 25 | 7.5% | 16.5% | ||
| Q1 25 | 4.4% | 18.2% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | 1.8% | 42.0% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | 10.7% | 32.6% |
资本支出强度REAXUI
| Q4 25 | — | 0.4% | ||
| Q3 25 | 0.1% | 0.7% | ||
| Q2 25 | 0.0% | 0.7% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 0.1% | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | 0.0% | 0.7% |
现金转化率REAXUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | 27.13× | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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
REAX
暂无分部数据
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
