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Tempus AI, Inc.（TEM）与Trade Desk (The)（TTD）财务数据对比。点击上方公司名可切换其他公司
Trade Desk (The)的季度营收约是Tempus AI, Inc.的2.3倍（$846.8M vs $367.2M）。Trade Desk (The)净利率更高（22.1% vs -14.8%，领先36.8%）。Tempus AI, Inc.同比增速更快（83.0% vs 14.3%）。Trade Desk (The)自由现金流更多（$285.3M vs $-41.5M）。过去两年Tempus AI, Inc.的营收复合增速更高（58.7% vs 31.3%）
Tempus AI是2015年由埃里克·莱夫科夫斯基在美国伊利诺伊州芝加哥创立的医疗科技企业，创立契机源于其妻子确诊乳腺癌。公司依托数据与人工智能技术，为肿瘤、心脏病、放射医学、抑郁症等领域提供包含诊断在内的精准医疗服务，2024年6月14日于纳斯达克上市，股票代码为TEM。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
TEM vs TTD — 直观对比
营收规模更大
TTD
是对方的2.3倍
$367.2M
营收增速更快
TEM
高出68.7%
14.3%
净利率更高
TTD
高出36.8%
-14.8%
自由现金流更多
TTD
多$326.8M
$-41.5M
两年增速更快
TEM
近两年复合增速
31.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $367.2M | $846.8M |
| 净利润 | $-54.2M | $186.9M |
| 毛利率 | — | 80.7% |
| 营业利润率 | -16.7% | 30.3% |
| 净利率 | -14.8% | 22.1% |
| 营收同比 | 83.0% | 14.3% |
| 净利润同比 | -316.2% | 2.6% |
| 每股收益（稀释后） | $-0.30 | $0.39 |
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TEMTTD
| Q4 25 | $367.2M | $846.8M | ||
| Q3 25 | $334.2M | $739.4M | ||
| Q2 25 | $314.6M | $694.0M | ||
| Q1 25 | $255.7M | $616.0M | ||
| Q4 24 | $200.7M | $741.0M | ||
| Q3 24 | $180.9M | $628.0M | ||
| Q2 24 | $166.0M | $584.5M | ||
| Q1 24 | $145.8M | $491.3M |
净利润TEMTTD
| Q4 25 | $-54.2M | $186.9M | ||
| Q3 25 | $-80.0M | $115.5M | ||
| Q2 25 | $-42.8M | $90.1M | ||
| Q1 25 | $-68.0M | $50.7M | ||
| Q4 24 | $-13.0M | $182.2M | ||
| Q3 24 | $-75.8M | $94.2M | ||
| Q2 24 | $-552.2M | $85.0M | ||
| Q1 24 | $-64.7M | $31.7M |
毛利率TEMTTD
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% | ||
| Q1 24 | — | 78.9% |
营业利润率TEMTTD
| Q4 25 | -16.7% | 30.3% | ||
| Q3 25 | -18.3% | 21.8% | ||
| Q2 25 | -19.6% | 16.8% | ||
| Q1 25 | -26.9% | 8.8% | ||
| Q4 24 | -25.3% | 26.4% | ||
| Q3 24 | -29.6% | 17.3% | ||
| Q2 24 | -321.4% | 16.2% | ||
| Q1 24 | -36.5% | 5.8% |
净利率TEMTTD
| Q4 25 | -14.8% | 22.1% | ||
| Q3 25 | -23.9% | 15.6% | ||
| Q2 25 | -13.6% | 13.0% | ||
| Q1 25 | -26.6% | 8.2% | ||
| Q4 24 | -6.5% | 24.6% | ||
| Q3 24 | -41.9% | 15.0% | ||
| Q2 24 | -332.7% | 14.5% | ||
| Q1 24 | -44.4% | 6.4% |
每股收益（稀释后）TEMTTD
| Q4 25 | $-0.30 | $0.39 | ||
| Q3 25 | $-0.46 | $0.23 | ||
| Q2 25 | $-0.25 | $0.18 | ||
| Q1 25 | $-0.40 | $0.10 | ||
| Q4 24 | $2.56 | $0.36 | ||
| Q3 24 | $-0.46 | $0.19 | ||
| Q2 24 | $-6.86 | $0.17 | ||
| Q1 24 | $-1.47 | $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 | $604.8M | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $491.3M | $2.5B |
| 总资产 | $2.3B | $6.2B |
| 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TEMTTD
| Q4 25 | $604.8M | $1.3B | ||
| Q3 25 | $655.9M | $1.4B | ||
| Q2 25 | $186.3M | $1.7B | ||
| Q1 25 | $151.6M | $1.7B | ||
| Q4 24 | $341.0M | $1.9B | ||
| Q3 24 | $388.0M | $1.7B | ||
| Q2 24 | $478.8M | $1.5B | ||
| Q1 24 | $79.9M | $1.4B |
股东权益TEMTTD
| Q4 25 | $491.3M | $2.5B | ||
| Q3 25 | $507.8M | $2.6B | ||
| Q2 25 | $309.6M | $2.7B | ||
| Q1 25 | $326.2M | $2.7B | ||
| Q4 24 | $56.3M | $2.9B | ||
| Q3 24 | $53.7M | $2.6B | ||
| Q2 24 | $98.3M | $2.4B | ||
| Q1 24 | $-1.5B | $2.2B |
总资产TEMTTD
| Q4 25 | $2.3B | $6.2B | ||
| Q3 25 | $2.3B | $5.9B | ||
| Q2 25 | $1.6B | $6.0B | ||
| Q1 25 | $1.5B | $5.7B | ||
| Q4 24 | $926.1M | $6.1B | ||
| Q3 24 | $971.7M | $5.5B | ||
| Q2 24 | $864.6M | $5.2B | ||
| Q1 24 | — | $4.7B |
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 | $-36.8M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | $-41.5M | $285.3M |
| 自由现金流率自由现金流/营收 | -11.3% | 33.7% |
| 资本支出强度资本支出/营收 | 1.3% | 3.1% |
| 现金转化率经营现金流/净利润 | — | 1.67× |
| 过去12个月自由现金流最近4个季度 | $-239.1M | $795.7M |
8季度趋势，按日历期对齐
经营现金流TEMTTD
| Q4 25 | $-36.8M | $311.6M | ||
| Q3 25 | $-119.8M | $224.7M | ||
| Q2 25 | $44.2M | $165.0M | ||
| Q1 25 | $-105.6M | $291.4M | ||
| Q4 24 | — | $199.4M | ||
| Q3 24 | $48.7M | $273.3M | ||
| Q2 24 | $-97.1M | $81.3M | ||
| Q1 24 | $-101.4M | $185.5M |
自由现金流TEMTTD
| Q4 25 | $-41.5M | $285.3M | ||
| Q3 25 | $-126.5M | $158.3M | ||
| Q2 25 | $36.6M | $119.8M | ||
| Q1 25 | $-107.7M | $232.3M | ||
| Q4 24 | — | $179.2M | ||
| Q3 24 | $48.6M | $224.6M | ||
| Q2 24 | $-105.1M | $59.1M | ||
| Q1 24 | $-107.5M | $178.2M |
自由现金流率TEMTTD
| Q4 25 | -11.3% | 33.7% | ||
| Q3 25 | -37.9% | 21.4% | ||
| Q2 25 | 11.6% | 17.3% | ||
| Q1 25 | -42.1% | 37.7% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | 26.9% | 35.8% | ||
| Q2 24 | -63.3% | 10.1% | ||
| Q1 24 | -73.7% | 36.3% |
资本支出强度TEMTTD
| Q4 25 | 1.3% | 3.1% | ||
| Q3 25 | 2.0% | 9.0% | ||
| Q2 25 | 2.4% | 6.5% | ||
| Q1 25 | 0.8% | 9.6% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | 0.0% | 7.8% | ||
| Q2 24 | 4.8% | 3.8% | ||
| Q1 24 | 4.2% | 1.5% |
现金转化率TEMTTD
| Q4 25 | — | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 2.90× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 5.86× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
