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Stitch Fix, Inc.（SFIX）与Thryv Holdings, Inc.（THRY）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Thryv Holdings, Inc.的1.8倍（$342.1M vs $191.6M），Stitch Fix, Inc.净利率更高（-1.9% vs -5.0%，领先3.2%），Stitch Fix, Inc.同比增速更快（7.3% vs 2.7%），Thryv Holdings, Inc.自由现金流更多（$12.3M vs $5.6M），过去两年Stitch Fix, Inc.的营收复合增速更高（1.8% vs -9.4%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
SFIX vs THRY — 直观对比
营收规模更大
SFIX
是对方的1.8倍
$191.6M
营收增速更快
SFIX
高出4.6%
2.7%
净利率更高
SFIX
高出3.2%
-5.0%
自由现金流更多
THRY
多$6.7M
$5.6M
两年增速更快
SFIX
近两年复合增速
-9.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $342.1M | $191.6M |
| 净利润 | $-6.4M | $-9.7M |
| 毛利率 | 43.6% | 68.0% |
| 营业利润率 | -2.5% | 5.3% |
| 净利率 | -1.9% | -5.0% |
| 营收同比 | 7.3% | 2.7% |
| 净利润同比 | -1.7% | -222.5% |
| 每股收益（稀释后） | $-0.05 | $-0.21 |
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SFIXTHRY
| Q4 25 | $342.1M | $191.6M | ||
| Q3 25 | $311.2M | $201.6M | ||
| Q2 25 | $325.0M | $210.5M | ||
| Q1 25 | $312.1M | $181.4M | ||
| Q4 24 | $318.8M | $186.6M | ||
| Q3 24 | $319.6M | $179.9M | ||
| Q2 24 | $322.7M | $224.1M | ||
| Q1 24 | $330.4M | $233.6M |
净利润SFIXTHRY
| Q4 25 | $-6.4M | $-9.7M | ||
| Q3 25 | $-8.6M | $5.7M | ||
| Q2 25 | $-7.4M | $13.9M | ||
| Q1 25 | $-6.5M | $-9.6M | ||
| Q4 24 | $-6.3M | $7.9M | ||
| Q3 24 | $-36.5M | $-96.1M | ||
| Q2 24 | $-21.3M | $5.5M | ||
| Q1 24 | $-35.5M | $8.4M |
毛利率SFIXTHRY
| Q4 25 | 43.6% | 68.0% | ||
| Q3 25 | 43.6% | 67.7% | ||
| Q2 25 | 44.2% | 69.7% | ||
| Q1 25 | 44.5% | 65.8% | ||
| Q4 24 | 45.4% | 65.9% | ||
| Q3 24 | 44.6% | 62.3% | ||
| Q2 24 | 45.5% | 66.3% | ||
| Q1 24 | 43.4% | 65.8% |
营业利润率SFIXTHRY
| Q4 25 | -2.5% | 5.3% | ||
| Q3 25 | -3.6% | 9.9% | ||
| Q2 25 | -3.0% | 14.0% | ||
| Q1 25 | -2.9% | -1.7% | ||
| Q4 24 | -2.8% | -3.9% | ||
| Q3 24 | -13.1% | -49.2% | ||
| Q2 24 | -7.7% | 14.0% | ||
| Q1 24 | -11.5% | 13.3% |
净利率SFIXTHRY
| Q4 25 | -1.9% | -5.0% | ||
| Q3 25 | -2.8% | 2.8% | ||
| Q2 25 | -2.3% | 6.6% | ||
| Q1 25 | -2.1% | -5.3% | ||
| Q4 24 | -2.0% | 4.2% | ||
| Q3 24 | -11.4% | -53.4% | ||
| Q2 24 | -6.6% | 2.5% | ||
| Q1 24 | -10.8% | 3.6% |
每股收益（稀释后）SFIXTHRY
| Q4 25 | $-0.05 | $-0.21 | ||
| Q3 25 | $-0.06 | $0.13 | ||
| Q2 25 | $-0.06 | $0.31 | ||
| Q1 25 | $-0.05 | $-0.22 | ||
| Q4 24 | $-0.05 | $0.28 | ||
| Q3 24 | $-0.29 | $-2.65 | ||
| Q2 24 | $-0.18 | $0.15 | ||
| Q1 24 | $-0.30 | $0.22 |
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 | $10.8M |
| 总债务越低越好 | — | $253.5M |
| 股东权益账面价值 | $204.1M | $218.1M |
| 总资产 | $530.7M | $688.6M |
| 负债/权益比越低杠杆越低 | — | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资SFIXTHRY
| Q4 25 | $244.2M | $10.8M | ||
| Q3 25 | $234.9M | $11.6M | ||
| Q2 25 | $234.2M | $10.8M | ||
| Q1 25 | $219.1M | $11.0M | ||
| Q4 24 | $253.3M | $16.3M | ||
| Q3 24 | $247.0M | $12.5M | ||
| Q2 24 | $244.5M | $15.5M | ||
| Q1 24 | $229.8M | $14.4M |
总债务SFIXTHRY
| Q4 25 | — | $253.5M | ||
| Q3 25 | — | $268.2M | ||
| Q2 25 | — | $275.6M | ||
| Q1 25 | — | $299.0M | ||
| Q4 24 | — | $284.3M | ||
| Q3 24 | — | $307.8M | ||
| Q2 24 | — | $342.1M | ||
| Q1 24 | — | $347.6M |
股东权益SFIXTHRY
| Q4 25 | $204.1M | $218.1M | ||
| Q3 25 | $203.0M | $221.1M | ||
| Q2 25 | $200.4M | $214.9M | ||
| Q1 25 | $197.8M | $193.2M | ||
| Q4 24 | $190.5M | $196.9M | ||
| Q3 24 | $187.0M | $94.5M | ||
| Q2 24 | $208.9M | $183.1M | ||
| Q1 24 | $213.3M | $167.1M |
总资产SFIXTHRY
| Q4 25 | $530.7M | $688.6M | ||
| Q3 25 | $480.6M | $701.8M | ||
| Q2 25 | $484.7M | $687.7M | ||
| Q1 25 | $472.6M | $703.7M | ||
| Q4 24 | $507.1M | $712.2M | ||
| Q3 24 | $486.9M | $654.8M | ||
| Q2 24 | $537.0M | $785.5M | ||
| Q1 24 | $538.3M | $786.8M |
负债/权益比SFIXTHRY
| Q4 25 | — | 1.16× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 3.26× | ||
| Q2 24 | — | 1.87× | ||
| Q1 24 | — | 2.08× |
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 | $22.2M |
| 自由现金流经营现金流 - 资本支出 | $5.6M | $12.3M |
| 自由现金流率自由现金流/营收 | 1.6% | 6.4% |
| 资本支出强度资本支出/营收 | 1.6% | 5.2% |
| 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 | $31.1M |
8季度趋势，按日历期对齐
经营现金流SFIXTHRY
| Q4 25 | $10.9M | $22.2M | ||
| Q3 25 | $7.0M | $22.2M | ||
| Q2 25 | $20.5M | $29.6M | ||
| Q1 25 | $-16.2M | $-10.5M | ||
| Q4 24 | $14.3M | $26.1M | ||
| Q3 24 | $8.2M | $36.0M | ||
| Q2 24 | $21.7M | $22.2M | ||
| Q1 24 | $-22.3M | $5.4M |
自由现金流SFIXTHRY
| Q4 25 | $5.6M | $12.3M | ||
| Q3 25 | $2.8M | $14.6M | ||
| Q2 25 | $16.0M | $21.8M | ||
| Q1 25 | $-19.4M | $-17.6M | ||
| Q4 24 | $9.9M | $17.3M | ||
| Q3 24 | $4.5M | $27.5M | ||
| Q2 24 | $18.9M | $13.3M | ||
| Q1 24 | $-26.1M | $-1.8M |
自由现金流率SFIXTHRY
| Q4 25 | 1.6% | 6.4% | ||
| Q3 25 | 0.9% | 7.2% | ||
| Q2 25 | 4.9% | 10.4% | ||
| Q1 25 | -6.2% | -9.7% | ||
| Q4 24 | 3.1% | 9.3% | ||
| Q3 24 | 1.4% | 15.3% | ||
| Q2 24 | 5.9% | 5.9% | ||
| Q1 24 | -7.9% | -0.8% |
资本支出强度SFIXTHRY
| Q4 25 | 1.6% | 5.2% | ||
| Q3 25 | 1.4% | 3.8% | ||
| Q2 25 | 1.4% | 3.7% | ||
| Q1 25 | 1.0% | 3.9% | ||
| Q4 24 | 1.4% | 4.7% | ||
| Q3 24 | 1.2% | 4.7% | ||
| Q2 24 | 0.9% | 4.0% | ||
| Q1 24 | 1.1% | 3.1% |
现金转化率SFIXTHRY
| Q4 25 | — | — | ||
| Q3 25 | — | 3.93× | ||
| Q2 25 | — | 2.12× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.32× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 4.01× | ||
| Q1 24 | — | 0.65× |
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
SFIX
暂无分部数据
THRY
| Software As A Service | $119.0M | 62% |
| $56.2M | 29% | |
| Digital | $16.4M | 9% |
