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Snap Inc（SNAP）与TFI International Inc.（TFII）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是TFI International Inc.的1.7倍（$1.5B vs $921.9M）
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
TFI International Inc.是加拿大知名运输物流企业，总部位于魁北克省蒙特利尔市圣洛朗区，业务覆盖加拿大、美国、墨西哥，主营零担运输、包裹快递、物流服务、整车运输四大板块，拥有加拿大规模最大的零担业务及卡车车队，2021年营收位列北美零担及整车运输商第六位，运营卡车超1.4万辆。
SNAP vs TFII — 直观对比
营收规模更大
SNAP
是对方的1.7倍
$921.9M
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $921.9M |
| 净利润 | $-89.0M | — |
| 毛利率 | 56.5% | — |
| 营业利润率 | -4.9% | 8.4% |
| 净利率 | -5.8% | — |
| 营收同比 | 12.1% | — |
| 净利润同比 | 36.3% | — |
| 每股收益（稀释后） | $-0.05 | — |
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SNAPTFII
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.5B | $921.9M | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.4B | $2.0B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.4B | $1.0B | ||
| Q2 24 | $1.2B | $2.3B |
净利润SNAPTFII
| Q1 26 | $-89.0M | — | ||
| Q4 25 | $45.2M | — | ||
| Q3 25 | $-103.5M | — | ||
| Q2 25 | $-262.6M | $98.2M | ||
| Q1 25 | $-139.6M | $56.0M | ||
| Q4 24 | $9.1M | — | ||
| Q3 24 | $-153.2M | — | ||
| Q2 24 | $-248.6M | $117.8M |
毛利率SNAPTFII
| Q1 26 | 56.5% | — | ||
| Q4 25 | 59.1% | — | ||
| Q3 25 | 55.3% | — | ||
| Q2 25 | 51.4% | — | ||
| Q1 25 | 53.1% | — | ||
| Q4 24 | 56.9% | — | ||
| Q3 24 | 53.5% | — | ||
| Q2 24 | 52.4% | — |
营业利润率SNAPTFII
| Q1 26 | -4.9% | — | ||
| Q4 25 | 2.9% | — | ||
| Q3 25 | -8.5% | 8.4% | ||
| Q2 25 | -19.3% | 8.4% | ||
| Q1 25 | -14.2% | 5.8% | ||
| Q4 24 | -1.7% | — | ||
| Q3 24 | -12.6% | 9.5% | ||
| Q2 24 | -20.5% | 9.2% |
净利率SNAPTFII
| Q1 26 | -5.8% | — | ||
| Q4 25 | 2.6% | — | ||
| Q3 25 | -6.9% | — | ||
| Q2 25 | -19.5% | 4.8% | ||
| Q1 25 | -10.2% | 2.9% | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | -11.2% | — | ||
| Q2 24 | -20.1% | 5.2% |
每股收益（稀释后）SNAPTFII
| Q1 26 | $-0.05 | — | ||
| Q4 25 | $0.03 | — | ||
| Q3 25 | $-0.06 | — | ||
| Q2 25 | $-0.16 | — | ||
| Q1 25 | $-0.08 | — | ||
| Q4 24 | $0.01 | — | ||
| Q3 24 | $-0.09 | — | ||
| Q2 24 | $-0.15 | — |
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 | $1.1B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | — |
| 总资产 | $7.5B | — |
| 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SNAPTFII
| Q1 26 | $1.1B | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.1B | — |
总债务SNAPTFII
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.6B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.6B | — |
股东权益SNAPTFII
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.1B | — |
总资产SNAPTFII
| Q1 26 | $7.5B | — | ||
| Q4 25 | $7.7B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.4B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.9B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $7.4B | — |
负债/权益比SNAPTFII
| Q1 26 | — | — | ||
| Q4 25 | 1.55× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.73× | — | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.76× | — |
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 | $326.8M | — |
| 自由现金流经营现金流 - 资本支出 | $286.0M | — |
| 自由现金流率自由现金流/营收 | 18.7% | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | $608.8M | — |
8季度趋势，按日历期对齐
经营现金流SNAPTFII
| Q1 26 | $326.8M | — | ||
| Q4 25 | $269.6M | — | ||
| Q3 25 | $146.5M | — | ||
| Q2 25 | $88.5M | — | ||
| Q1 25 | $151.6M | — | ||
| Q4 24 | $230.6M | — | ||
| Q3 24 | $115.9M | — | ||
| Q2 24 | $-21.4M | — |
自由现金流SNAPTFII
| Q1 26 | $286.0M | — | ||
| Q4 25 | $205.6M | — | ||
| Q3 25 | $93.4M | — | ||
| Q2 25 | $23.8M | — | ||
| Q1 25 | $114.4M | — | ||
| Q4 24 | $182.4M | — | ||
| Q3 24 | $71.8M | — | ||
| Q2 24 | $-73.4M | — |
自由现金流率SNAPTFII
| Q1 26 | 18.7% | — | ||
| Q4 25 | 12.0% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 8.4% | — | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | -5.9% | — |
资本支出强度SNAPTFII
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | — | ||
| Q3 25 | 3.5% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 4.2% | — |
现金转化率SNAPTFII
| Q1 26 | — | — | ||
| Q4 25 | 5.96× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 25.34× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
