vs
null（SWIM）与凯旋（TFIN）财务数据对比。点击上方公司名可切换其他公司
凯旋的季度营收约是null的1.0倍（$120.1M vs $117.3M），凯旋同比增速更快（16.0% vs 5.3%），过去两年凯旋的营收复合增速更高（9.0% vs -14.4%）
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
凯旋汽车公司是19至20世纪活跃于英国的汽车与发动机制造企业，品牌起源可追溯到1885年。来自纽伦堡的齐格弗里德·贝特曼在伦敦成立公司，最初从欧洲进口自行车以自有商标销售，次年商标正式定为“凯旋”，1889年开始自主生产自行车。
SWIM vs TFIN — 直观对比
营收规模更大
TFIN
是对方的1.0倍
$117.3M
营收增速更快
TFIN
高出10.7%
5.3%
两年增速更快
TFIN
近两年复合增速
-14.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $117.3M | $120.1M |
| 净利润 | $-8.5M | — |
| 毛利率 | 31.7% | — |
| 营业利润率 | — | — |
| 净利率 | -7.3% | — |
| 营收同比 | 5.3% | 16.0% |
| 净利润同比 | -43.1% | 400.6% |
| 每股收益（稀释后） | $-0.07 | — |
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SWIMTFIN
| Q1 26 | $117.3M | — | ||
| Q4 25 | $100.0M | $120.1M | ||
| Q3 25 | $161.9M | $109.3M | ||
| Q2 25 | $172.6M | $108.1M | ||
| Q1 25 | $111.4M | $101.6M | ||
| Q4 24 | $87.3M | $103.6M | ||
| Q3 24 | $150.5M | $106.2M | ||
| Q2 24 | $160.1M | $105.1M |
净利润SWIMTFIN
| Q1 26 | $-8.5M | — | ||
| Q4 25 | $-7.0M | — | ||
| Q3 25 | $8.1M | $1.7M | ||
| Q2 25 | $16.0M | $4.4M | ||
| Q1 25 | $-6.0M | $17.0K | ||
| Q4 24 | $-29.2M | $3.8M | ||
| Q3 24 | $5.9M | $5.3M | ||
| Q2 24 | $13.3M | $2.7M |
毛利率SWIMTFIN
| Q1 26 | 31.7% | — | ||
| Q4 25 | 28.0% | — | ||
| Q3 25 | 35.4% | — | ||
| Q2 25 | 37.1% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 32.4% | — | ||
| Q2 24 | 33.1% | — |
营业利润率SWIMTFIN
| Q1 26 | — | — | ||
| Q4 25 | -10.7% | — | ||
| Q3 25 | 13.3% | 1.2% | ||
| Q2 25 | 14.3% | 7.3% | ||
| Q1 25 | -4.4% | 0.1% | ||
| Q4 24 | -14.9% | 5.6% | ||
| Q3 24 | 8.9% | 5.9% | ||
| Q2 24 | 12.5% | 3.4% |
净利率SWIMTFIN
| Q1 26 | -7.3% | — | ||
| Q4 25 | -7.0% | — | ||
| Q3 25 | 5.0% | 1.6% | ||
| Q2 25 | 9.3% | 4.1% | ||
| Q1 25 | -5.4% | 0.0% | ||
| Q4 24 | -33.4% | 3.7% | ||
| Q3 24 | 3.9% | 5.0% | ||
| Q2 24 | 8.3% | 2.6% |
每股收益（稀释后）SWIMTFIN
| Q1 26 | $-0.07 | — | ||
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $0.07 | $0.04 | ||
| Q2 25 | $0.13 | $0.15 | ||
| Q1 25 | $-0.05 | $-0.03 | ||
| Q4 24 | $-0.24 | $0.13 | ||
| Q3 24 | $0.05 | $0.19 | ||
| Q2 24 | $0.11 | $0.08 |
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 | — | $248.5M |
| 总债务越低越好 | $3.3M | — |
| 股东权益账面价值 | $396.7M | $941.8M |
| 总资产 | $856.4M | $6.4B |
| 负债/权益比越低杠杆越低 | 0.01× | — |
8季度趋势，按日历期对齐
现金及短期投资SWIMTFIN
| Q1 26 | — | — | ||
| Q4 25 | — | $248.5M | ||
| Q3 25 | — | $147.2M | ||
| Q2 25 | — | $282.3M | ||
| Q1 25 | — | $502.9M | ||
| Q4 24 | — | $330.1M | ||
| Q3 24 | — | $489.3M | ||
| Q2 24 | — | $500.7M |
总债务SWIMTFIN
| Q1 26 | $3.3M | — | ||
| Q4 25 | $279.8M | — | ||
| Q3 25 | $281.1M | — | ||
| Q2 25 | $281.5M | — | ||
| Q1 25 | $306.9M | — | ||
| Q4 24 | $281.5M | — | ||
| Q3 24 | $282.8M | — | ||
| Q2 24 | $282.4M | — |
股东权益SWIMTFIN
| Q1 26 | $396.7M | — | ||
| Q4 25 | $405.9M | $941.8M | ||
| Q3 25 | $408.4M | $919.3M | ||
| Q2 25 | $398.4M | $912.4M | ||
| Q1 25 | $381.1M | $893.9M | ||
| Q4 24 | $387.2M | $890.9M | ||
| Q3 24 | $416.6M | $885.8M | ||
| Q2 24 | $408.1M | $874.2M |
总资产SWIMTFIN
| Q1 26 | $856.4M | — | ||
| Q4 25 | $823.2M | $6.4B | ||
| Q3 25 | $844.4M | $6.4B | ||
| Q2 25 | $822.1M | $6.5B | ||
| Q1 25 | $824.6M | $6.3B | ||
| Q4 24 | $794.2M | $5.9B | ||
| Q3 24 | $853.4M | $5.9B | ||
| Q2 24 | $830.0M | $5.8B |
负债/权益比SWIMTFIN
| Q1 26 | 0.01× | — | ||
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.69× | — |
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 | $-47.7M | $67.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流SWIMTFIN
| Q1 26 | $-47.7M | — | ||
| Q4 25 | $23.3M | $67.1M | ||
| Q3 25 | $51.0M | $24.4M | ||
| Q2 25 | $36.0M | $9.8M | ||
| Q1 25 | $-46.9M | $-3.6M | ||
| Q4 24 | $6.2M | $58.5M | ||
| Q3 24 | $37.2M | $26.6M | ||
| Q2 24 | $52.4M | $21.9M |
自由现金流SWIMTFIN
| Q1 26 | — | — | ||
| Q4 25 | $14.1M | — | ||
| Q3 25 | $45.2M | $22.4M | ||
| Q2 25 | $29.1M | $6.8M | ||
| Q1 25 | $-50.3M | $-7.9M | ||
| Q4 24 | $-98.0K | — | ||
| Q3 24 | $33.2M | $25.8M | ||
| Q2 24 | $47.9M | $-31.9M |
自由现金流率SWIMTFIN
| Q1 26 | — | — | ||
| Q4 25 | 14.1% | — | ||
| Q3 25 | 27.9% | 20.5% | ||
| Q2 25 | 16.8% | 6.2% | ||
| Q1 25 | -45.2% | -7.7% | ||
| Q4 24 | -0.1% | — | ||
| Q3 24 | 22.1% | 24.3% | ||
| Q2 24 | 29.9% | -30.3% |
资本支出强度SWIMTFIN
| Q1 26 | — | — | ||
| Q4 25 | 9.2% | — | ||
| Q3 25 | 3.6% | 1.8% | ||
| Q2 25 | 4.0% | 2.8% | ||
| Q1 25 | 3.1% | 4.2% | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 2.7% | 0.8% | ||
| Q2 24 | 2.8% | 51.1% |
现金转化率SWIMTFIN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 6.29× | 14.29× | ||
| Q2 25 | 2.25× | 2.22× | ||
| Q1 25 | — | -212.82× | ||
| Q4 24 | — | 15.25× | ||
| Q3 24 | 6.32× | 4.97× | ||
| Q2 24 | 3.95× | 7.95× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
