vs
西门子能源（REI）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是西门子能源的1.2倍（$78.6M vs $66.9M），Repay Holdings Corp同比增速更快（0.4% vs -19.8%），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% vs -15.9%）
西门子能源是一家上市能源企业，从原西门子天然气与电力部门分拆而来，目前为独立经营的德国企业，旗下全资拥有西门子歌美飒，业务覆盖全球能源领域的技术开发与项目运营，为各类客户提供专业的能源解决方案。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
REI vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.2倍
$66.9M
营收增速更快
RPAY
高出20.2%
-19.8%
两年增速更快
RPAY
近两年复合增速
-15.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $78.6M |
| 净利润 | — | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | -37.6% | -182.2% |
| 净利率 | — | -178.3% |
| 营收同比 | -19.8% | 0.4% |
| 净利润同比 | — | -3304.1% |
| 每股收益（稀释后） | $-0.07 | $-1.68 |
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REIRPAY
| Q4 25 | $66.9M | $78.6M | ||
| Q3 25 | $78.6M | $77.7M | ||
| Q2 25 | $82.6M | $75.6M | ||
| Q1 25 | $79.1M | $77.3M | ||
| Q4 24 | $83.4M | $78.3M | ||
| Q3 24 | $89.2M | $79.1M | ||
| Q2 24 | $99.1M | $74.9M | ||
| Q1 24 | $94.5M | $80.7M |
净利润REIRPAY
| Q4 25 | — | $-140.1M | ||
| Q3 25 | $-51.6M | $-6.4M | ||
| Q2 25 | $20.6M | $-102.3M | ||
| Q1 25 | $9.1M | $-7.9M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | $33.9M | $3.2M | ||
| Q2 24 | $22.4M | $-4.1M | ||
| Q1 24 | $5.5M | $-5.2M |
毛利率REIRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率REIRPAY
| Q4 25 | -37.6% | -182.2% | ||
| Q3 25 | -70.0% | -3.9% | ||
| Q2 25 | 28.4% | -138.7% | ||
| Q1 25 | 28.3% | -4.7% | ||
| Q4 24 | 28.3% | -1.5% | ||
| Q3 24 | 33.4% | -0.9% | ||
| Q2 24 | 42.2% | -4.6% | ||
| Q1 24 | 39.8% | -3.1% |
净利率REIRPAY
| Q4 25 | — | -178.3% | ||
| Q3 25 | -65.7% | -8.3% | ||
| Q2 25 | 25.0% | -135.2% | ||
| Q1 25 | 11.5% | -10.3% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | 38.0% | 4.1% | ||
| Q2 24 | 22.6% | -5.4% | ||
| Q1 24 | 5.8% | -6.5% |
每股收益（稀释后）REIRPAY
| Q4 25 | $-0.07 | $-1.68 | ||
| Q3 25 | $-0.25 | $-0.08 | ||
| Q2 25 | $0.10 | $-1.15 | ||
| Q1 25 | $0.05 | $-0.09 | ||
| Q4 24 | $0.03 | $-0.04 | ||
| Q3 24 | $0.17 | $0.03 | ||
| Q2 24 | $0.11 | $-0.04 | ||
| Q1 24 | $0.03 | $-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 | $902.9K | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $836.3M | $484.4M |
| 总资产 | $1.4B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资REIRPAY
| Q4 25 | $902.9K | $115.7M | ||
| Q3 25 | $286.9K | $95.7M | ||
| Q2 25 | — | $162.6M | ||
| Q1 25 | $1.1M | $165.5M | ||
| Q4 24 | $1.9M | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | $1.2M | $147.1M | ||
| Q1 24 | $1.4M | $128.3M |
总债务REIRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益REIRPAY
| Q4 25 | $836.3M | $484.4M | ||
| Q3 25 | $847.7M | $616.9M | ||
| Q2 25 | $897.9M | $633.7M | ||
| Q1 25 | $876.0M | $755.7M | ||
| Q4 24 | $858.6M | $761.3M | ||
| Q3 24 | $851.3M | $754.7M | ||
| Q2 24 | $817.4M | $815.4M | ||
| Q1 24 | $793.0M | $813.8M |
总资产REIRPAY
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.4B | $1.5B |
负债/权益比REIRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $44.7M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流REIRPAY
| Q4 25 | $44.7M | $23.3M | ||
| Q3 25 | $44.5M | $32.2M | ||
| Q2 25 | $33.3M | $33.1M | ||
| Q1 25 | $28.4M | $2.5M | ||
| Q4 24 | $47.3M | $34.3M | ||
| Q3 24 | $51.3M | $60.1M | ||
| Q2 24 | $50.6M | $31.0M | ||
| Q1 24 | $45.2M | $24.8M |
自由现金流REIRPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率REIRPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度REIRPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率REIRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.61× | — | ||
| Q1 25 | 3.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.52× | 18.52× | ||
| Q2 24 | 2.26× | — | ||
| Q1 24 | 8.19× | — |
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
REI
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
