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APOGEE ENTERPRISES, INC.（APOG）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
Dave & Buster's Entertainment, Inc.的季度营收约是APOGEE ENTERPRISES, INC.的1.3倍（$448.2M vs $351.4M），APOGEE ENTERPRISES, INC.净利率更高（4.7% vs -9.4%，领先14.1%），APOGEE ENTERPRISES, INC.同比增速更快（1.6% vs -1.1%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs -13.5%）
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
APOG vs PLAY — 直观对比
营收规模更大
PLAY
是对方的1.3倍
$351.4M
营收增速更快
APOG
高出2.7%
-1.1%
净利率更高
APOG
高出14.1%
-9.4%
两年增速更快
APOG
近两年复合增速
-13.5%
损益表 — Q4 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $448.2M |
| 净利润 | $16.6M | $-42.1M |
| 毛利率 | 22.4% | 85.8% |
| 营业利润率 | 7.3% | -3.6% |
| 净利率 | 4.7% | -9.4% |
| 营收同比 | 1.6% | -1.1% |
| 净利润同比 | 568.8% | -28.7% |
| 每股收益（稀释后） | $0.78 | $-1.22 |
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APOGPLAY
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $448.2M | ||
| Q3 25 | $358.2M | $557.4M | ||
| Q2 25 | $346.6M | $567.7M | ||
| Q1 25 | $345.7M | $534.5M | ||
| Q4 24 | $341.3M | $453.0M | ||
| Q3 24 | $342.4M | $557.1M | ||
| Q2 24 | $331.5M | $588.1M |
净利润APOGPLAY
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-42.1M | ||
| Q3 25 | $23.6M | $11.4M | ||
| Q2 25 | $-2.7M | $21.7M | ||
| Q1 25 | $2.5M | $9.3M | ||
| Q4 24 | $21.0M | $-32.7M | ||
| Q3 24 | $30.6M | $40.3M | ||
| Q2 24 | $31.0M | $41.4M |
毛利率APOGPLAY
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 85.8% | ||
| Q3 25 | 23.1% | 86.3% | ||
| Q2 25 | 21.7% | 85.5% | ||
| Q1 25 | 21.6% | 85.5% | ||
| Q4 24 | 26.1% | 85.0% | ||
| Q3 24 | 28.4% | 85.3% | ||
| Q2 24 | 29.8% | 85.2% |
营业利润率APOGPLAY
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | -3.6% | ||
| Q3 25 | 7.5% | 9.5% | ||
| Q2 25 | 2.0% | 11.1% | ||
| Q1 25 | 1.8% | 8.3% | ||
| Q4 24 | 8.4% | 1.4% | ||
| Q3 24 | 12.3% | 15.2% | ||
| Q2 24 | 12.5% | 14.5% |
净利率APOGPLAY
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -9.4% | ||
| Q3 25 | 6.6% | 2.0% | ||
| Q2 25 | -0.8% | 3.8% | ||
| Q1 25 | 0.7% | 1.7% | ||
| Q4 24 | 6.1% | -7.2% | ||
| Q3 24 | 8.9% | 7.2% | ||
| Q2 24 | 9.4% | 7.0% |
每股收益（稀释后）APOGPLAY
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-1.22 | ||
| Q3 25 | $1.10 | $0.32 | ||
| Q2 25 | $-0.13 | $0.62 | ||
| Q1 25 | $0.12 | $0.32 | ||
| Q4 24 | $0.96 | $-0.84 | ||
| Q3 24 | $1.40 | $0.99 | ||
| Q2 24 | $1.41 | $0.99 |
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 | $39.5M | $13.6M |
| 总债务越低越好 | $232.3M | $1.6B |
| 股东权益账面价值 | $511.8M | $130.8M |
| 总资产 | $1.1B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.45× | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资APOGPLAY
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $13.6M | ||
| Q3 25 | $39.5M | $12.0M | ||
| Q2 25 | $32.8M | $11.9M | ||
| Q1 25 | $41.4M | $6.9M | ||
| Q4 24 | $43.9M | $8.6M | ||
| Q3 24 | $51.0M | $13.1M | ||
| Q2 24 | $30.4M | $32.1M |
总债务APOGPLAY
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | $285.0M | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
股东权益APOGPLAY
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $130.8M | ||
| Q3 25 | $500.2M | $166.2M | ||
| Q2 25 | $481.8M | $146.8M | ||
| Q1 25 | $487.9M | $145.8M | ||
| Q4 24 | $522.1M | $226.6M | ||
| Q3 24 | $506.4M | $284.4M | ||
| Q2 24 | $480.0M | $292.5M |
总资产APOGPLAY
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $4.1B | ||
| Q3 25 | $1.2B | $4.1B | ||
| Q2 25 | $1.2B | $4.1B | ||
| Q1 25 | $1.2B | $4.0B | ||
| Q4 24 | $1.2B | $3.9B | ||
| Q3 24 | $917.1M | $3.8B | ||
| Q2 24 | $889.0M | $3.8B |
负债/权益比APOGPLAY
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 12.17× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | — | 10.98× | ||
| Q1 25 | 0.58× | 10.45× | ||
| Q4 24 | — | 6.58× | ||
| Q3 24 | — | 4.72× | ||
| Q2 24 | — | 4.58× |
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 | $122.5M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-20.6M |
| 自由现金流率自由现金流/营收 | — | -4.6% |
| 资本支出强度资本支出/营收 | 7.8% | 17.5% |
| 现金转化率经营现金流/净利润 | 7.37× | — |
| 过去12个月自由现金流最近4个季度 | — | $-195.6M |
8季度趋势，按日历期对齐
经营现金流APOGPLAY
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $58.0M | ||
| Q3 25 | $57.1M | $34.0M | ||
| Q2 25 | $-19.8M | $95.8M | ||
| Q1 25 | $30.0M | $108.9M | ||
| Q4 24 | $31.0M | $-7.2M | ||
| Q3 24 | $58.7M | $101.8M | ||
| Q2 24 | $5.5M | $108.8M |
自由现金流APOGPLAY
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $-20.6M | ||
| Q3 25 | $52.4M | $-55.2M | ||
| Q2 25 | $-26.9M | $-58.8M | ||
| Q1 25 | $19.1M | $-61.0M | ||
| Q4 24 | $22.0M | $-138.4M | ||
| Q3 24 | $50.2M | $-14.3M | ||
| Q2 24 | $-1.8M | $-4.2M |
自由现金流率APOGPLAY
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | -4.6% | ||
| Q3 25 | 14.6% | -9.9% | ||
| Q2 25 | -7.8% | -10.4% | ||
| Q1 25 | 5.5% | -11.4% | ||
| Q4 24 | 6.4% | -30.6% | ||
| Q3 24 | 14.7% | -2.6% | ||
| Q2 24 | -0.5% | -0.7% |
资本支出强度APOGPLAY
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 17.5% | ||
| Q3 25 | 1.3% | 16.0% | ||
| Q2 25 | 2.1% | 27.2% | ||
| Q1 25 | 3.2% | 31.8% | ||
| Q4 24 | 2.6% | 29.0% | ||
| Q3 24 | 2.5% | 20.8% | ||
| Q2 24 | 2.2% | 19.2% |
现金转化率APOGPLAY
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 2.98× | ||
| Q2 25 | — | 4.41× | ||
| Q1 25 | 12.08× | 11.71× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 2.53× | ||
| Q2 24 | 0.18× | 2.63× |
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
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
