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Stitch Fix, Inc.（SFIX）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
Stitch Fix, Inc.的季度营收约是医疗房产信托的1.2倍（$342.1M vs $296.5M），医疗房产信托净利率更高（-0.3% vs -1.9%，领先1.6%），Stitch Fix, Inc.同比增速更快（7.3% vs -17.0%），Stitch Fix, Inc.自由现金流更多（$5.6M vs $-95.2M），过去两年Stitch Fix, Inc.的营收复合增速更高（1.8% vs -6.1%）
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
SFIX vs SVC — 直观对比
营收规模更大
SFIX
是对方的1.2倍
$296.5M
营收增速更快
SFIX
高出24.3%
-17.0%
净利率更高
SVC
高出1.6%
-1.9%
自由现金流更多
SFIX
多$100.8M
$-95.2M
两年增速更快
SFIX
近两年复合增速
-6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $342.1M | $296.5M |
| 净利润 | $-6.4M | $-782.0K |
| 毛利率 | 43.6% | — |
| 营业利润率 | -2.5% | -3.9% |
| 净利率 | -1.9% | -0.3% |
| 营收同比 | 7.3% | -17.0% |
| 净利润同比 | -1.7% | 99.0% |
| 每股收益（稀释后） | $-0.05 | $-0.01 |
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SFIXSVC
| Q4 25 | $342.1M | $296.5M | ||
| Q3 25 | $311.2M | $377.6M | ||
| Q2 25 | $325.0M | $404.4M | ||
| Q1 25 | $312.1M | $335.0M | ||
| Q4 24 | $318.8M | $357.0M | ||
| Q3 24 | $319.6M | $390.9M | ||
| Q2 24 | $322.7M | $412.5M | ||
| Q1 24 | $330.4M | $336.2M |
净利润SFIXSVC
| Q4 25 | $-6.4M | $-782.0K | ||
| Q3 25 | $-8.6M | $-46.9M | ||
| Q2 25 | $-7.4M | $-38.2M | ||
| Q1 25 | $-6.5M | $-116.4M | ||
| Q4 24 | $-6.3M | $-76.4M | ||
| Q3 24 | $-36.5M | $-46.9M | ||
| Q2 24 | $-21.3M | $-73.8M | ||
| Q1 24 | $-35.5M | $-78.4M |
毛利率SFIXSVC
| Q4 25 | 43.6% | — | ||
| Q3 25 | 43.6% | — | ||
| Q2 25 | 44.2% | — | ||
| Q1 25 | 44.5% | — | ||
| Q4 24 | 45.4% | — | ||
| Q3 24 | 44.6% | — | ||
| Q2 24 | 45.5% | — | ||
| Q1 24 | 43.4% | — |
营业利润率SFIXSVC
| Q4 25 | -2.5% | -3.9% | ||
| Q3 25 | -3.6% | -12.8% | ||
| Q2 25 | -3.0% | -9.2% | ||
| Q1 25 | -2.9% | -33.3% | ||
| Q4 24 | -2.8% | -19.4% | ||
| Q3 24 | -13.1% | -12.8% | ||
| Q2 24 | -7.7% | -17.1% | ||
| Q1 24 | -11.5% | -21.4% |
净利率SFIXSVC
| Q4 25 | -1.9% | -0.3% | ||
| Q3 25 | -2.8% | -12.4% | ||
| Q2 25 | -2.3% | -9.4% | ||
| Q1 25 | -2.1% | -34.8% | ||
| Q4 24 | -2.0% | -21.4% | ||
| Q3 24 | -11.4% | -12.0% | ||
| Q2 24 | -6.6% | -17.9% | ||
| Q1 24 | -10.8% | -23.3% |
每股收益（稀释后）SFIXSVC
| Q4 25 | $-0.05 | $-0.01 | ||
| Q3 25 | $-0.06 | $-0.28 | ||
| Q2 25 | $-0.06 | $-0.23 | ||
| Q1 25 | $-0.05 | $-0.70 | ||
| Q4 24 | $-0.05 | $-0.46 | ||
| Q3 24 | $-0.29 | $-0.28 | ||
| Q2 24 | $-0.18 | $-0.45 | ||
| Q1 24 | $-0.30 | $-0.48 |
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 | $244.2M | $346.8M |
| 总债务越低越好 | — | $5.5B |
| 股东权益账面价值 | $204.1M | $646.1M |
| 总资产 | $530.7M | $6.5B |
| 负债/权益比越低杠杆越低 | — | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资SFIXSVC
| Q4 25 | $244.2M | $346.8M | ||
| Q3 25 | $234.9M | $417.4M | ||
| Q2 25 | $234.2M | $63.2M | ||
| Q1 25 | $219.1M | $80.1M | ||
| Q4 24 | $253.3M | $143.5M | ||
| Q3 24 | $247.0M | $48.6M | ||
| Q2 24 | $244.5M | $14.6M | ||
| Q1 24 | $229.8M | $71.3M |
总债务SFIXSVC
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益SFIXSVC
| Q4 25 | $204.1M | $646.1M | ||
| Q3 25 | $203.0M | $647.9M | ||
| Q2 25 | $200.4M | $695.9M | ||
| Q1 25 | $197.8M | $734.6M | ||
| Q4 24 | $190.5M | $851.9M | ||
| Q3 24 | $187.0M | $929.0M | ||
| Q2 24 | $208.9M | $1.0B | ||
| Q1 24 | $213.3M | $1.1B |
总资产SFIXSVC
| Q4 25 | $530.7M | $6.5B | ||
| Q3 25 | $480.6M | $7.0B | ||
| Q2 25 | $484.7M | $6.9B | ||
| Q1 25 | $472.6M | $7.0B | ||
| Q4 24 | $507.1M | $7.1B | ||
| Q3 24 | $486.9M | $7.1B | ||
| Q2 24 | $537.0M | $7.1B | ||
| Q1 24 | $538.3M | $7.2B |
负债/权益比SFIXSVC
| Q4 25 | — | 8.52× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.85× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $10.9M | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $5.6M | $-95.2M |
| 自由现金流率自由现金流/营收 | 1.6% | -32.1% |
| 资本支出强度资本支出/营收 | 1.6% | 25.9% |
| 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 | $4.9M | $-107.0M |
8季度趋势，按日历期对齐
经营现金流SFIXSVC
| Q4 25 | $10.9M | $-18.5M | ||
| Q3 25 | $7.0M | $98.1M | ||
| Q2 25 | $20.5M | $-7.0K | ||
| Q1 25 | $-16.2M | $38.2M | ||
| Q4 24 | $14.3M | $-9.7M | ||
| Q3 24 | $8.2M | $106.2M | ||
| Q2 24 | $21.7M | $43.8M | ||
| Q1 24 | $-22.3M | $-926.0K |
自由现金流SFIXSVC
| Q4 25 | $5.6M | $-95.2M | ||
| Q3 25 | $2.8M | $57.9M | ||
| Q2 25 | $16.0M | $-46.6M | ||
| Q1 25 | $-19.4M | $-23.2M | ||
| Q4 24 | $9.9M | $-88.9M | ||
| Q3 24 | $4.5M | $24.1M | ||
| Q2 24 | $18.9M | $-22.3M | ||
| Q1 24 | $-26.1M | $-77.2M |
自由现金流率SFIXSVC
| Q4 25 | 1.6% | -32.1% | ||
| Q3 25 | 0.9% | 15.3% | ||
| Q2 25 | 4.9% | -11.5% | ||
| Q1 25 | -6.2% | -6.9% | ||
| Q4 24 | 3.1% | -24.9% | ||
| Q3 24 | 1.4% | 6.2% | ||
| Q2 24 | 5.9% | -5.4% | ||
| Q1 24 | -7.9% | -23.0% |
资本支出强度SFIXSVC
| Q4 25 | 1.6% | 25.9% | ||
| Q3 25 | 1.4% | 10.6% | ||
| Q2 25 | 1.4% | 11.5% | ||
| Q1 25 | 1.0% | 18.3% | ||
| Q4 24 | 1.4% | 22.2% | ||
| Q3 24 | 1.2% | 21.0% | ||
| Q2 24 | 0.9% | 16.0% | ||
| Q1 24 | 1.1% | 22.7% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
