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Trade Desk (The)（TTD）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Trade Desk (The)的1.2倍（$814.9M vs $688.9M），Ubiquiti Inc.净利率更高（28.7% vs 5.8%，领先22.9%），Ubiquiti Inc.同比增速更快（35.8% vs 11.9%），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs 8.6%）
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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
TTD vs UI — 直观对比
营收规模更大
UI
是对方的1.2倍
$688.9M
营收增速更快
UI
高出24.0%
11.9%
净利率更高
UI
高出22.9%
5.8%
两年增速更快
UI
近两年复合增速
8.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $688.9M | $814.9M |
| 净利润 | $40.0M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 9.7% | 35.9% |
| 净利率 | 5.8% | 28.7% |
| 营收同比 | 11.9% | 35.8% |
| 净利润同比 | -21.6% | 70.8% |
| 每股收益（稀释后） | $0.08 | $3.86 |
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TTDUI
| Q1 26 | $688.9M | — | ||
| Q4 25 | $846.8M | $814.9M | ||
| Q3 25 | $739.4M | $733.8M | ||
| Q2 25 | $694.0M | $759.2M | ||
| Q1 25 | $616.0M | $664.2M | ||
| Q4 24 | $741.0M | $599.9M | ||
| Q3 24 | $628.0M | $550.3M | ||
| Q2 24 | $584.5M | $507.5M |
净利润TTDUI
| Q1 26 | $40.0M | — | ||
| Q4 25 | $186.9M | $233.6M | ||
| Q3 25 | $115.5M | $207.9M | ||
| Q2 25 | $90.1M | $266.7M | ||
| Q1 25 | $50.7M | $180.4M | ||
| Q4 24 | $182.2M | $136.8M | ||
| Q3 24 | $94.2M | $128.0M | ||
| Q2 24 | $85.0M | $103.8M |
毛利率TTDUI
| Q1 26 | — | — | ||
| Q4 25 | 80.7% | 45.9% | ||
| Q3 25 | 78.1% | 46.0% | ||
| Q2 25 | 78.2% | 45.1% | ||
| Q1 25 | 76.8% | 44.5% | ||
| Q4 24 | 81.7% | 41.2% | ||
| Q3 24 | 80.5% | 42.1% | ||
| Q2 24 | 81.1% | 40.2% |
营业利润率TTDUI
| Q1 26 | 9.7% | — | ||
| Q4 25 | 30.3% | 35.9% | ||
| Q3 25 | 21.8% | 35.7% | ||
| Q2 25 | 16.8% | 34.4% | ||
| Q1 25 | 8.8% | 34.2% | ||
| Q4 24 | 26.4% | 29.8% | ||
| Q3 24 | 17.3% | 30.7% | ||
| Q2 24 | 16.2% | 27.3% |
净利率TTDUI
| Q1 26 | 5.8% | — | ||
| Q4 25 | 22.1% | 28.7% | ||
| Q3 25 | 15.6% | 28.3% | ||
| Q2 25 | 13.0% | 35.1% | ||
| Q1 25 | 8.2% | 27.2% | ||
| Q4 24 | 24.6% | 22.8% | ||
| Q3 24 | 15.0% | 23.3% | ||
| Q2 24 | 14.5% | 20.5% |
每股收益（稀释后）TTDUI
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.39 | $3.86 | ||
| Q3 25 | $0.23 | $3.43 | ||
| Q2 25 | $0.18 | $4.40 | ||
| Q1 25 | $0.10 | $2.98 | ||
| Q4 24 | $0.36 | $2.26 | ||
| Q3 24 | $0.19 | $2.12 | ||
| Q2 24 | $0.17 | $1.72 |
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 | $878.4M | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $2.5B | $1.0B |
| 总资产 | $5.7B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资TTDUI
| Q1 26 | $878.4M | — | ||
| Q4 25 | $1.3B | $302.8M | ||
| Q3 25 | $1.4B | $177.2M | ||
| Q2 25 | $1.7B | $149.7M | ||
| Q1 25 | $1.7B | $151.0M | ||
| Q4 24 | $1.9B | $133.1M | ||
| Q3 24 | $1.7B | $165.2M | ||
| Q2 24 | $1.5B | $126.3M |
总债务TTDUI
| Q1 26 | — | — | ||
| Q4 25 | — | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M |
股东权益TTDUI
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | $1.0B | ||
| Q3 25 | $2.6B | $828.4M | ||
| Q2 25 | $2.7B | $668.3M | ||
| Q1 25 | $2.7B | $436.1M | ||
| Q4 24 | $2.9B | $290.4M | ||
| Q3 24 | $2.6B | $188.1M | ||
| Q2 24 | $2.4B | $95.1M |
总资产TTDUI
| Q1 26 | $5.7B | — | ||
| Q4 25 | $6.2B | $1.6B | ||
| Q3 25 | $5.9B | $1.5B | ||
| Q2 25 | $6.0B | $1.5B | ||
| Q1 25 | $5.7B | $1.3B | ||
| Q4 24 | $6.1B | $1.2B | ||
| Q3 24 | $5.5B | $1.2B | ||
| Q2 24 | $5.2B | $1.2B |
负债/权益比TTDUI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× |
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 | $391.8M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | — | $260.3M |
| 自由现金流率自由现金流/营收 | — | 31.9% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 9.80× | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $699.5M |
8季度趋势，按日历期对齐
经营现金流TTDUI
| Q1 26 | $391.8M | — | ||
| Q4 25 | $311.6M | $263.9M | ||
| Q3 25 | $224.7M | $198.5M | ||
| Q2 25 | $165.0M | $130.4M | ||
| Q1 25 | $291.4M | $123.6M | ||
| Q4 24 | $199.4M | $152.4M | ||
| Q3 24 | $273.3M | $233.7M | ||
| Q2 24 | $81.3M | $231.4M |
自由现金流TTDUI
| Q1 26 | — | — | ||
| Q4 25 | $285.3M | $260.3M | ||
| Q3 25 | $158.3M | $193.3M | ||
| Q2 25 | $119.8M | $125.2M | ||
| Q1 25 | $232.3M | $120.7M | ||
| Q4 24 | $179.2M | $150.4M | ||
| Q3 24 | $224.6M | $231.1M | ||
| Q2 24 | $59.1M | $229.5M |
自由现金流率TTDUI
| Q1 26 | — | — | ||
| Q4 25 | 33.7% | 31.9% | ||
| Q3 25 | 21.4% | 26.3% | ||
| Q2 25 | 17.3% | 16.5% | ||
| Q1 25 | 37.7% | 18.2% | ||
| Q4 24 | 24.2% | 25.1% | ||
| Q3 24 | 35.8% | 42.0% | ||
| Q2 24 | 10.1% | 45.2% |
资本支出强度TTDUI
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | 0.4% | ||
| Q3 25 | 9.0% | 0.7% | ||
| Q2 25 | 6.5% | 0.7% | ||
| Q1 25 | 9.6% | 0.4% | ||
| Q4 24 | 2.7% | 0.3% | ||
| Q3 24 | 7.8% | 0.5% | ||
| Q2 24 | 3.8% | 0.4% |
现金转化率TTDUI
| Q1 26 | 9.80× | — | ||
| Q4 25 | 1.67× | 1.13× | ||
| Q3 25 | 1.94× | 0.95× | ||
| Q2 25 | 1.83× | 0.49× | ||
| Q1 25 | 5.75× | 0.68× | ||
| Q4 24 | 1.09× | 1.11× | ||
| Q3 24 | 2.90× | 1.83× | ||
| Q2 24 | 0.96× | 2.23× |
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
TTD
暂无分部数据
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
