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超威半导体（AMD）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
超威半导体的季度营收约是罗布乐思的7.3倍（$10.3B vs $1.4B），超威半导体净利率更高（14.7% vs -22.3%，领先37.0%），罗布乐思同比增速更快（43.2% vs 34.1%），超威半导体自由现金流更多（$2.4B vs $308.6M），过去两年超威半导体的营收复合增速更高（37.0% vs 32.9%）
超威半导体（AMD）是总部位于美国加利福尼亚州圣克拉拉的跨国半导体企业，专注研发生产面向数据中心、游戏、个人电脑、嵌入式系统的高性能CPU、GPU及自适应片上系统，旗下拥有锐龙、霄龙、镭龙、Instinct等核心产品线，2022年收购赛灵思后拓展了FPGA及自适应计算业务，直接与英特尔、英伟达展开竞争。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
AMD vs RBLX — 直观对比
营收规模更大
AMD
是对方的7.3倍
$1.4B
营收增速更快
RBLX
高出9.1%
34.1%
净利率更高
AMD
高出37.0%
-22.3%
自由现金流更多
AMD
多$2.1B
$308.6M
两年增速更快
AMD
近两年复合增速
32.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $1.4B |
| 净利润 | $1.5B | $-316.0M |
| 毛利率 | 54.3% | 77.7% |
| 营业利润率 | 17.1% | -25.3% |
| 净利率 | 14.7% | -22.3% |
| 营收同比 | 34.1% | 43.2% |
| 净利润同比 | 213.5% | -43.9% |
| 每股收益（稀释后） | $0.92 | $-0.44 |
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AMDRBLX
| Q4 25 | $10.3B | $1.4B | ||
| Q3 25 | $9.2B | $1.4B | ||
| Q2 25 | $7.7B | $1.1B | ||
| Q1 25 | $7.4B | $1.0B | ||
| Q4 24 | $7.7B | $988.2M | ||
| Q3 24 | $6.8B | $919.0M | ||
| Q2 24 | $5.8B | $893.5M | ||
| Q1 24 | $5.5B | $801.3M |
净利润AMDRBLX
| Q4 25 | $1.5B | $-316.0M | ||
| Q3 25 | $1.2B | $-255.6M | ||
| Q2 25 | $872.0M | $-278.4M | ||
| Q1 25 | $709.0M | $-215.1M | ||
| Q4 24 | $482.0M | $-219.6M | ||
| Q3 24 | $771.0M | $-239.3M | ||
| Q2 24 | $265.0M | $-205.9M | ||
| Q1 24 | $123.0M | $-270.6M |
毛利率AMDRBLX
| Q4 25 | 54.3% | 77.7% | ||
| Q3 25 | 51.7% | 78.2% | ||
| Q2 25 | 39.8% | 78.2% | ||
| Q1 25 | 50.2% | 78.3% | ||
| Q4 24 | 50.7% | 77.9% | ||
| Q3 24 | 50.1% | 77.7% | ||
| Q2 24 | 49.1% | 77.8% | ||
| Q1 24 | 46.8% | 77.7% |
营业利润率AMDRBLX
| Q4 25 | 17.1% | -25.3% | ||
| Q3 25 | 13.7% | -21.8% | ||
| Q2 25 | -1.7% | -29.8% | ||
| Q1 25 | 10.8% | -24.6% | ||
| Q4 24 | 11.4% | -24.7% | ||
| Q3 24 | 10.6% | -30.4% | ||
| Q2 24 | 4.6% | -26.6% | ||
| Q1 24 | 0.7% | -37.7% |
净利率AMDRBLX
| Q4 25 | 14.7% | -22.3% | ||
| Q3 25 | 13.4% | -18.8% | ||
| Q2 25 | 11.3% | -25.8% | ||
| Q1 25 | 9.5% | -20.8% | ||
| Q4 24 | 6.3% | -22.2% | ||
| Q3 24 | 11.3% | -26.0% | ||
| Q2 24 | 4.5% | -23.0% | ||
| Q1 24 | 2.2% | -33.8% |
每股收益（稀释后）AMDRBLX
| Q4 25 | $0.92 | $-0.44 | ||
| Q3 25 | $0.75 | $-0.37 | ||
| Q2 25 | $0.54 | $-0.41 | ||
| Q1 25 | $0.44 | $-0.32 | ||
| Q4 24 | $0.30 | $-0.32 | ||
| Q3 24 | $0.47 | $-0.37 | ||
| Q2 24 | $0.16 | $-0.32 | ||
| Q1 24 | $0.07 | $-0.43 |
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 | $10.6B | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $63.0B | $394.5M |
| 总资产 | $76.9B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资AMDRBLX
| Q4 25 | $10.6B | $3.1B | ||
| Q3 25 | $7.2B | $2.9B | ||
| Q2 25 | $5.9B | $2.6B | ||
| Q1 25 | $7.3B | $2.7B | ||
| Q4 24 | $5.1B | $2.4B | ||
| Q3 24 | $4.5B | $2.3B | ||
| Q2 24 | $5.3B | $2.4B | ||
| Q1 24 | $6.0B | $2.4B |
总债务AMDRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMDRBLX
| Q4 25 | $63.0B | $394.5M | ||
| Q3 25 | $60.8B | $407.6M | ||
| Q2 25 | $59.7B | $353.2M | ||
| Q1 25 | $57.9B | $310.7M | ||
| Q4 24 | $57.6B | $221.4M | ||
| Q3 24 | $57.0B | $189.9M | ||
| Q2 24 | $56.5B | $121.5M | ||
| Q1 24 | $56.2B | $71.6M |
总资产AMDRBLX
| Q4 25 | $76.9B | $9.6B | ||
| Q3 25 | $76.9B | $8.6B | ||
| Q2 25 | $74.8B | $7.8B | ||
| Q1 25 | $71.5B | $7.5B | ||
| Q4 24 | $69.2B | $7.2B | ||
| Q3 24 | $69.6B | $6.7B | ||
| Q2 24 | $67.9B | $6.5B | ||
| Q1 24 | $67.9B | $6.3B |
负债/权益比AMDRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $2.6B | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $308.6M |
| 自由现金流率自由现金流/营收 | 23.2% | 21.8% |
| 资本支出强度资本支出/营收 | 2.2% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.72× | — |
| 过去12个月自由现金流最近4个季度 | $6.7B | $1.4B |
8季度趋势，按日历期对齐
经营现金流AMDRBLX
| Q4 25 | $2.6B | $607.0M | ||
| Q3 25 | $2.2B | $546.2M | ||
| Q2 25 | $2.0B | $199.3M | ||
| Q1 25 | $939.0M | $443.9M | ||
| Q4 24 | $1.3B | $184.5M | ||
| Q3 24 | $628.0M | $247.4M | ||
| Q2 24 | $593.0M | $151.4M | ||
| Q1 24 | $521.0M | $238.9M |
自由现金流AMDRBLX
| Q4 25 | $2.4B | $308.6M | ||
| Q3 25 | $1.9B | $443.6M | ||
| Q2 25 | $1.7B | $176.7M | ||
| Q1 25 | $727.0M | $426.5M | ||
| Q4 24 | $1.1B | $120.6M | ||
| Q3 24 | $496.0M | $218.0M | ||
| Q2 24 | $439.0M | $111.7M | ||
| Q1 24 | $379.0M | $192.3M |
自由现金流率AMDRBLX
| Q4 25 | 23.2% | 21.8% | ||
| Q3 25 | 20.6% | 32.6% | ||
| Q2 25 | 22.5% | 16.3% | ||
| Q1 25 | 9.8% | 41.2% | ||
| Q4 24 | 14.2% | 12.2% | ||
| Q3 24 | 7.3% | 23.7% | ||
| Q2 24 | 7.5% | 12.5% | ||
| Q1 24 | 6.9% | 24.0% |
资本支出强度AMDRBLX
| Q4 25 | 2.2% | 21.1% | ||
| Q3 25 | 2.8% | 7.5% | ||
| Q2 25 | 3.7% | 2.1% | ||
| Q1 25 | 2.9% | 1.7% | ||
| Q4 24 | 2.7% | 6.5% | ||
| Q3 24 | 1.9% | 3.2% | ||
| Q2 24 | 2.6% | 4.4% | ||
| Q1 24 | 2.6% | 5.8% |
现金转化率AMDRBLX
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 2.31× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 2.70× | — | ||
| Q3 24 | 0.81× | — | ||
| Q2 24 | 2.24× | — | ||
| Q1 24 | 4.24× | — |
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
AMD
| Other | $5.4B | 52% |
| Client | $3.1B | 30% |
| Embedded | $950.0M | 9% |
| Gaming | $843.0M | 8% |
RBLX
暂无分部数据
