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AMC Networks Inc.（AMCX）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AMC Networks Inc.的2.3倍（$1.4B vs $594.8M）。ROKU, INC净利率更高（5.8% vs -9.3%，领先15.1%）。ROKU, INC同比增速更快（16.1% vs -0.8%）。ROKU, INC自由现金流更多（$106.6M vs $40.4M）。过去两年ROKU, INC的营收复合增速更高（25.8% vs -0.1%）
AMC网络公司是总部位于纽约市的美国独立大众传媒娱乐集团，旗下拥有AMC、BBC美国台、IFC、圣丹斯电视、We TV等多个有线频道，还经营纽约IFC中心艺术影院、独立电影公司、动漫版权发行商，以及AMC+、Acorn TV等多个付费订阅流媒体服务。
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。
AMCX vs ROKU — 直观对比
营收规模更大
ROKU
是对方的2.3倍
$594.8M
营收增速更快
ROKU
高出16.9%
-0.8%
净利率更高
ROKU
高出15.1%
-9.3%
自由现金流更多
ROKU
多$66.1M
$40.4M
两年增速更快
ROKU
近两年复合增速
-0.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $594.8M | $1.4B |
| 净利润 | $-55.5M | $80.5M |
| 毛利率 | 49.7% | 43.5% |
| 营业利润率 | -8.6% | 4.7% |
| 净利率 | -9.3% | 5.8% |
| 营收同比 | -0.8% | 16.1% |
| 净利润同比 | 80.5% | 326.4% |
| 每股收益（稀释后） | $-0.97 | $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AMCXROKU
| Q4 25 | $594.8M | $1.4B | ||
| Q3 25 | $561.7M | $1.2B | ||
| Q2 25 | $600.0M | $1.1B | ||
| Q1 25 | $555.2M | $1.0B | ||
| Q4 24 | $599.3M | $1.2B | ||
| Q3 24 | $599.6M | $1.1B | ||
| Q2 24 | $625.9M | $968.2M | ||
| Q1 24 | $596.5M | $881.5M |
净利润AMCXROKU
| Q4 25 | $-55.5M | $80.5M | ||
| Q3 25 | $76.5M | $24.8M | ||
| Q2 25 | $50.3M | $10.5M | ||
| Q1 25 | $18.0M | $-27.4M | ||
| Q4 24 | $-284.5M | $-35.5M | ||
| Q3 24 | $41.4M | $-9.0M | ||
| Q2 24 | $-29.2M | $-34.0M | ||
| Q1 24 | $45.8M | $-50.9M |
毛利率AMCXROKU
| Q4 25 | 49.7% | 43.5% | ||
| Q3 25 | 48.2% | 43.4% | ||
| Q2 25 | 52.7% | 44.8% | ||
| Q1 25 | 51.8% | 43.6% | ||
| Q4 24 | 51.2% | 42.7% | ||
| Q3 24 | 52.0% | 45.2% | ||
| Q2 24 | 55.2% | 43.9% | ||
| Q1 24 | 54.5% | 44.1% |
营业利润率AMCXROKU
| Q4 25 | -8.6% | 4.7% | ||
| Q3 25 | 9.9% | 0.8% | ||
| Q2 25 | 10.7% | -2.1% | ||
| Q1 25 | 11.6% | -5.7% | ||
| Q4 24 | -42.4% | -3.3% | ||
| Q3 24 | 15.6% | -3.4% | ||
| Q2 24 | 1.7% | -7.4% | ||
| Q1 24 | 18.5% | -8.2% |
净利率AMCXROKU
| Q4 25 | -9.3% | 5.8% | ||
| Q3 25 | 13.6% | 2.0% | ||
| Q2 25 | 8.4% | 0.9% | ||
| Q1 25 | 3.3% | -2.7% | ||
| Q4 24 | -47.5% | -3.0% | ||
| Q3 24 | 6.9% | -0.9% | ||
| Q2 24 | -4.7% | -3.5% | ||
| Q1 24 | 7.7% | -5.8% |
每股收益（稀释后）AMCXROKU
| Q4 25 | $-0.97 | $0.55 | ||
| Q3 25 | $1.38 | $0.16 | ||
| Q2 25 | $0.91 | $0.07 | ||
| Q1 25 | $0.34 | $-0.19 | ||
| Q4 24 | $-6.23 | $-0.24 | ||
| Q3 24 | $0.76 | $-0.06 | ||
| Q2 24 | $-0.66 | $-0.24 | ||
| Q1 24 | $1.03 | $-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 | $502.4M | $2.3B |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $981.9M | $2.7B |
| 总资产 | $3.9B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.78× | — |
8季度趋势，按日历期对齐
现金及短期投资AMCXROKU
| Q4 25 | $502.4M | $2.3B | ||
| Q3 25 | $716.8M | $2.3B | ||
| Q2 25 | $866.4M | $2.3B | ||
| Q1 25 | $870.2M | $2.3B | ||
| Q4 24 | $784.6M | $2.2B | ||
| Q3 24 | $816.4M | $2.1B | ||
| Q2 24 | $802.6M | $2.1B | ||
| Q1 24 | $690.5M | $2.1B |
总债务AMCXROKU
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.3B | — |
股东权益AMCXROKU
| Q4 25 | $981.9M | $2.7B | ||
| Q3 25 | $1.1B | $2.6B | ||
| Q2 25 | $971.7M | $2.6B | ||
| Q1 25 | $888.8M | $2.5B | ||
| Q4 24 | $855.6M | $2.5B | ||
| Q3 24 | $1.1B | $2.5B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $1.1B | $2.4B |
总资产AMCXROKU
| Q4 25 | $3.9B | $4.4B | ||
| Q3 25 | $4.2B | $4.4B | ||
| Q2 25 | $4.4B | $4.3B | ||
| Q1 25 | $4.3B | $4.2B | ||
| Q4 24 | $4.4B | $4.3B | ||
| Q3 24 | $4.8B | $4.3B | ||
| Q2 24 | $4.9B | $4.1B | ||
| Q1 24 | $4.9B | $4.2B |
负债/权益比AMCXROKU
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.82× | — | ||
| Q2 25 | 2.27× | — | ||
| Q1 25 | 2.62× | — | ||
| Q4 24 | 2.73× | — | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 2.26× | — | ||
| Q1 24 | 2.17× | — |
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 | $49.2M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $40.4M | $106.6M |
| 自由现金流率自由现金流/营收 | 6.8% | 7.6% |
| 资本支出强度资本支出/营收 | 1.5% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 1.34× |
| 过去12个月自由现金流最近4个季度 | $272.4M | $478.4M |
8季度趋势，按日历期对齐
经营现金流AMCXROKU
| Q4 25 | $49.2M | $107.7M | ||
| Q3 25 | $44.8M | $127.6M | ||
| Q2 25 | $102.8M | $109.7M | ||
| Q1 25 | $108.8M | $138.7M | ||
| Q4 24 | $58.1M | $79.3M | ||
| Q3 24 | $62.2M | $68.7M | ||
| Q2 24 | $104.4M | $23.4M | ||
| Q1 24 | $150.9M | $46.7M |
自由现金流AMCXROKU
| Q4 25 | $40.4M | $106.6M | ||
| Q3 25 | $42.0M | $126.5M | ||
| Q2 25 | $95.7M | $108.6M | ||
| Q1 25 | $94.2M | $136.8M | ||
| Q4 24 | $37.6M | $76.8M | ||
| Q3 24 | $53.9M | $67.6M | ||
| Q2 24 | $95.2M | $22.5M | ||
| Q1 24 | $144.1M | $46.0M |
自由现金流率AMCXROKU
| Q4 25 | 6.8% | 7.6% | ||
| Q3 25 | 7.5% | 10.4% | ||
| Q2 25 | 16.0% | 9.8% | ||
| Q1 25 | 17.0% | 13.4% | ||
| Q4 24 | 6.3% | 6.4% | ||
| Q3 24 | 9.0% | 6.4% | ||
| Q2 24 | 15.2% | 2.3% | ||
| Q1 24 | 24.2% | 5.2% |
资本支出强度AMCXROKU
| Q4 25 | 1.5% | 0.1% | ||
| Q3 25 | 0.5% | 0.1% | ||
| Q2 25 | 1.2% | 0.1% | ||
| Q1 25 | 2.6% | 0.2% | ||
| Q4 24 | 3.4% | 0.2% | ||
| Q3 24 | 1.4% | 0.1% | ||
| Q2 24 | 1.5% | 0.1% | ||
| Q1 24 | 1.1% | 0.1% |
现金转化率AMCXROKU
| Q4 25 | — | 1.34× | ||
| Q3 25 | 0.59× | 5.14× | ||
| Q2 25 | 2.04× | 10.45× | ||
| Q1 25 | 6.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.29× | — |
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
AMCX
| Subscription And Circulation | $314.8M | 53% |
| Advertising | $124.9M | 21% |
| Other | $79.1M | 13% |
| License | $74.8M | 13% |
| Related Party | $1.2M | 0% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
