vs
Adeia Inc.（ADEA）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Adeia Inc.的7.6倍（$1.4B vs $182.6M）。Adeia Inc.净利率更高（40.4% vs 5.8%，领先34.6%）。Adeia Inc.同比增速更快（53.3% vs 16.1%）。ROKU, INC自由现金流更多（$106.6M vs $59.4M）。过去两年Adeia Inc.的营收复合增速更高（48.0% vs 25.8%）
Adeia Inc.是一家全球化知识产权授权与创新企业，主营半导体制造、消费电子、媒体分发及智能设备领域的专利技术研发与商业化合作，与全球多家头部科技企业达成授权合作，推动相关行业技术升级。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
ADEA vs ROKU — 直观对比
营收规模更大
ROKU
是对方的7.6倍
$182.6M
营收增速更快
ADEA
高出37.1%
16.1%
净利率更高
ADEA
高出34.6%
5.8%
自由现金流更多
ROKU
多$47.2M
$59.4M
两年增速更快
ADEA
近两年复合增速
25.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $182.6M | $1.4B |
| 净利润 | $73.7M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 59.5% | 4.7% |
| 净利率 | 40.4% | 5.8% |
| 营收同比 | 53.3% | 16.1% |
| 净利润同比 | 104.6% | 326.4% |
| 每股收益（稀释后） | $0.66 | $0.55 |
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ADEAROKU
| Q4 25 | $182.6M | $1.4B | ||
| Q3 25 | $87.3M | $1.2B | ||
| Q2 25 | $85.7M | $1.1B | ||
| Q1 25 | $87.7M | $1.0B | ||
| Q4 24 | $119.2M | $1.2B | ||
| Q3 24 | $86.1M | $1.1B | ||
| Q2 24 | $87.3M | $968.2M | ||
| Q1 24 | $83.4M | $881.5M |
净利润ADEAROKU
| Q4 25 | $73.7M | $80.5M | ||
| Q3 25 | $8.8M | $24.8M | ||
| Q2 25 | $16.7M | $10.5M | ||
| Q1 25 | $11.8M | $-27.4M | ||
| Q4 24 | $36.0M | $-35.5M | ||
| Q3 24 | $19.3M | $-9.0M | ||
| Q2 24 | $8.4M | $-34.0M | ||
| Q1 24 | $899.0K | $-50.9M |
毛利率ADEAROKU
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.9% | ||
| Q1 24 | — | 44.1% |
营业利润率ADEAROKU
| Q4 25 | 59.5% | 4.7% | ||
| Q3 25 | 30.9% | 0.8% | ||
| Q2 25 | 19.1% | -2.1% | ||
| Q1 25 | 26.0% | -5.7% | ||
| Q4 24 | 48.2% | -3.3% | ||
| Q3 24 | 32.7% | -3.4% | ||
| Q2 24 | 27.1% | -7.4% | ||
| Q1 24 | 23.2% | -8.2% |
净利率ADEAROKU
| Q4 25 | 40.4% | 5.8% | ||
| Q3 25 | 10.1% | 2.0% | ||
| Q2 25 | 19.5% | 0.9% | ||
| Q1 25 | 13.5% | -2.7% | ||
| Q4 24 | 30.2% | -3.0% | ||
| Q3 24 | 22.4% | -0.9% | ||
| Q2 24 | 9.6% | -3.5% | ||
| Q1 24 | 1.1% | -5.8% |
每股收益（稀释后）ADEAROKU
| Q4 25 | $0.66 | $0.55 | ||
| Q3 25 | $0.08 | $0.16 | ||
| Q2 25 | $0.15 | $0.07 | ||
| Q1 25 | $0.10 | $-0.19 | ||
| Q4 24 | $0.32 | $-0.24 | ||
| Q3 24 | $0.17 | $-0.06 | ||
| Q2 24 | $0.07 | $-0.24 | ||
| Q1 24 | $0.01 | $-0.35 |
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 | $136.7M | $2.3B |
| 总债务越低越好 | $418.5M | — |
| 股东权益账面价值 | $480.5M | $2.7B |
| 总资产 | $1.0B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.87× | — |
8季度趋势，按日历期对齐
现金及短期投资ADEAROKU
| Q4 25 | $136.7M | $2.3B | ||
| Q3 25 | $115.1M | $2.3B | ||
| Q2 25 | $116.5M | $2.3B | ||
| Q1 25 | $116.5M | $2.3B | ||
| Q4 24 | $110.4M | $2.2B | ||
| Q3 24 | $89.2M | $2.1B | ||
| Q2 24 | $94.5M | $2.1B | ||
| Q1 24 | $89.0M | $2.1B |
总债务ADEAROKU
| Q4 25 | $418.5M | — | ||
| Q3 25 | $438.7M | — | ||
| Q2 25 | $448.9M | — | ||
| Q1 25 | $459.2M | — | ||
| Q4 24 | $475.5M | — | ||
| Q3 24 | $524.4M | — | ||
| Q2 24 | $535.6M | — | ||
| Q1 24 | $546.3M | — |
股东权益ADEAROKU
| Q4 25 | $480.5M | $2.7B | ||
| Q3 25 | $413.7M | $2.6B | ||
| Q2 25 | $402.9M | $2.6B | ||
| Q1 25 | $389.5M | $2.5B | ||
| Q4 24 | $396.6M | $2.5B | ||
| Q3 24 | $378.2M | $2.5B | ||
| Q2 24 | $359.1M | $2.4B | ||
| Q1 24 | $350.0M | $2.4B |
总资产ADEAROKU
| Q4 25 | $1.0B | $4.4B | ||
| Q3 25 | $1.1B | $4.4B | ||
| Q2 25 | $1.1B | $4.3B | ||
| Q1 25 | $1.1B | $4.2B | ||
| Q4 24 | $1.1B | $4.3B | ||
| Q3 24 | $1.1B | $4.3B | ||
| Q2 24 | $1.1B | $4.1B | ||
| Q1 24 | $1.1B | $4.2B |
负债/权益比ADEAROKU
| Q4 25 | 0.87× | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 1.18× | — | ||
| Q4 24 | 1.20× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 1.49× | — | ||
| Q1 24 | 1.56× | — |
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 | $60.0M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $59.4M | $106.6M |
| 自由现金流率自由现金流/营收 | 32.5% | 7.6% |
| 资本支出强度资本支出/营收 | 0.3% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.81× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $156.3M | $478.4M |
8季度趋势，按日历期对齐
经营现金流ADEAROKU
| Q4 25 | $60.0M | $107.7M | ||
| Q3 25 | $17.8M | $127.6M | ||
| Q2 25 | $23.1M | $109.7M | ||
| Q1 25 | $57.1M | $138.7M | ||
| Q4 24 | $107.5M | $79.3M | ||
| Q3 24 | $14.3M | $68.7M | ||
| Q2 24 | $23.5M | $23.4M | ||
| Q1 24 | $67.2M | $46.7M |
自由现金流ADEAROKU
| Q4 25 | $59.4M | $106.6M | ||
| Q3 25 | $17.0M | $126.5M | ||
| Q2 25 | $22.9M | $108.6M | ||
| Q1 25 | $56.9M | $136.8M | ||
| Q4 24 | $106.9M | $76.8M | ||
| Q3 24 | $14.3M | $67.6M | ||
| Q2 24 | $23.0M | $22.5M | ||
| Q1 24 | $66.4M | $46.0M |
自由现金流率ADEAROKU
| Q4 25 | 32.5% | 7.6% | ||
| Q3 25 | 19.5% | 10.4% | ||
| Q2 25 | 26.7% | 9.8% | ||
| Q1 25 | 64.9% | 13.4% | ||
| Q4 24 | 89.7% | 6.4% | ||
| Q3 24 | 16.6% | 6.4% | ||
| Q2 24 | 26.4% | 2.3% | ||
| Q1 24 | 79.7% | 5.2% |
资本支出强度ADEAROKU
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 0.9% | 0.1% | ||
| Q2 25 | 0.2% | 0.1% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.5% | 0.2% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.5% | 0.1% | ||
| Q1 24 | 1.0% | 0.1% |
现金转化率ADEAROKU
| Q4 25 | 0.81× | 1.34× | ||
| Q3 25 | 2.02× | 5.14× | ||
| Q2 25 | 1.38× | 10.45× | ||
| Q1 25 | 4.84× | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | 0.74× | — | ||
| Q2 24 | 2.80× | — | ||
| Q1 24 | 74.78× | — |
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
ADEA
| Media Platform | $172.9M | 95% |
| Semiconductor | $9.7M | 5% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
