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Academy Sports & Outdoors, Inc.（ASO）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Academy Sports & Outdoors, Inc.的季度营收约是Reddit, Inc.的1.9倍（$1.4B vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 5.2%，领先29.5%），Reddit, Inc.同比增速更快（69.7% vs 3.0%），Reddit, Inc.自由现金流更多（$263.6M vs $-13.6M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -12.2%）
Academy Sports & Outdoors是美国知名的运动户外用品连锁零售商，总部位于得克萨斯州哈里斯县，临近休斯顿。品牌曾由戈奇曼家族私有运营74年，2011年被私募机构KKR收购，2020年10月于纳斯达克挂牌上市，旗下门店主营各类运动装备、户外休闲用品等品类。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
ASO vs RDDT — 直观对比
营收规模更大
ASO
是对方的1.9倍
$725.6M
营收增速更快
RDDT
高出66.6%
3.0%
净利率更高
RDDT
高出29.5%
5.2%
自由现金流更多
RDDT
多$277.2M
$-13.6M
两年增速更快
RDDT
近两年复合增速
-12.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $725.6M |
| 净利润 | $71.6M | $251.6M |
| 毛利率 | 35.7% | 91.9% |
| 营业利润率 | 7.3% | 31.9% |
| 净利率 | 5.2% | 34.7% |
| 营收同比 | 3.0% | 69.7% |
| 净利润同比 | 8.8% | 254.2% |
| 每股收益（稀释后） | $1.05 | $1.24 |
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ASORDDT
| Q4 25 | $1.4B | $725.6M | ||
| Q3 25 | $1.6B | $584.9M | ||
| Q2 25 | $1.4B | $499.6M | ||
| Q1 25 | $1.7B | $392.4M | ||
| Q4 24 | $1.3B | $427.7M | ||
| Q3 24 | $1.5B | $348.4M | ||
| Q2 24 | $1.4B | $281.2M | ||
| Q1 24 | $1.8B | $243.0M |
净利润ASORDDT
| Q4 25 | $71.6M | $251.6M | ||
| Q3 25 | $125.4M | $162.7M | ||
| Q2 25 | $46.1M | $89.3M | ||
| Q1 25 | $133.6M | $26.2M | ||
| Q4 24 | $65.8M | $71.0M | ||
| Q3 24 | $142.6M | $29.9M | ||
| Q2 24 | $76.5M | $-10.1M | ||
| Q1 24 | $168.2M | $-575.1M |
毛利率ASORDDT
| Q4 25 | 35.7% | 91.9% | ||
| Q3 25 | 36.0% | 91.0% | ||
| Q2 25 | 34.0% | 90.8% | ||
| Q1 25 | 32.2% | 90.5% | ||
| Q4 24 | 34.0% | 92.6% | ||
| Q3 24 | 36.1% | 90.1% | ||
| Q2 24 | 33.4% | 89.5% | ||
| Q1 24 | 33.3% | 88.6% |
营业利润率ASORDDT
| Q4 25 | 7.3% | 31.9% | ||
| Q3 25 | 10.8% | 23.7% | ||
| Q2 25 | 5.1% | 13.6% | ||
| Q1 25 | 9.2% | 1.0% | ||
| Q4 24 | 6.8% | 12.4% | ||
| Q3 24 | 12.3% | 2.0% | ||
| Q2 24 | 7.5% | -11.0% | ||
| Q1 24 | 11.4% | -242.5% |
净利率ASORDDT
| Q4 25 | 5.2% | 34.7% | ||
| Q3 25 | 7.8% | 27.8% | ||
| Q2 25 | 3.4% | 17.9% | ||
| Q1 25 | 8.0% | 6.7% | ||
| Q4 24 | 4.9% | 16.6% | ||
| Q3 24 | 9.2% | 8.6% | ||
| Q2 24 | 5.6% | -3.6% | ||
| Q1 24 | 9.4% | -236.7% |
每股收益（稀释后）ASORDDT
| Q4 25 | $1.05 | $1.24 | ||
| Q3 25 | $1.85 | $0.80 | ||
| Q2 25 | $0.68 | $0.45 | ||
| Q1 25 | $1.85 | $0.13 | ||
| Q4 24 | $0.92 | $4.76 | ||
| Q3 24 | $1.95 | $0.16 | ||
| Q2 24 | $1.01 | $-0.06 | ||
| Q1 24 | $2.19 | $-8.19 |
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 | $289.5M | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $2.9B |
| 总资产 | $5.4B | $3.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASORDDT
| Q4 25 | $289.5M | $953.6M | ||
| Q3 25 | $300.9M | $911.7M | ||
| Q2 25 | $285.1M | $734.1M | ||
| Q1 25 | $288.9M | $635.7M | ||
| Q4 24 | $296.0M | $562.1M | ||
| Q3 24 | $324.6M | $515.9M | ||
| Q2 24 | $378.1M | $468.0M | ||
| Q1 24 | $347.9M | $968.5M |
股东权益ASORDDT
| Q4 25 | $2.1B | $2.9B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $2.0B | $2.2B | ||
| Q4 24 | $2.0B | $2.1B | ||
| Q3 24 | $2.0B | $2.0B | ||
| Q2 24 | $1.9B | $1.9B | ||
| Q1 24 | $2.0B | $1.8B |
总资产ASORDDT
| Q4 25 | $5.4B | $3.2B | ||
| Q3 25 | $5.3B | $2.9B | ||
| Q2 25 | $5.2B | $2.6B | ||
| Q1 25 | $4.9B | $2.4B | ||
| Q4 24 | $5.1B | $2.3B | ||
| Q3 24 | $4.9B | $2.2B | ||
| Q2 24 | $4.9B | $2.1B | ||
| Q1 24 | $4.7B | $2.0B |
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 | $49.0M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | $263.6M |
| 自由现金流率自由现金流/营收 | -1.0% | 36.3% |
| 资本支出强度资本支出/营收 | 4.5% | 0.4% |
| 现金转化率经营现金流/净利润 | 0.68× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $191.4M | $684.2M |
8季度趋势，按日历期对齐
经营现金流ASORDDT
| Q4 25 | $49.0M | $266.8M | ||
| Q3 25 | $78.6M | $185.2M | ||
| Q2 25 | $157.5M | $111.3M | ||
| Q1 25 | $140.2M | $127.6M | ||
| Q4 24 | $96.9M | $90.0M | ||
| Q3 24 | $91.3M | $71.6M | ||
| Q2 24 | $199.7M | $28.4M | ||
| Q1 24 | $234.7M | $32.1M |
自由现金流ASORDDT
| Q4 25 | $-13.6M | $263.6M | ||
| Q3 25 | $21.8M | $183.1M | ||
| Q2 25 | $106.6M | $110.8M | ||
| Q1 25 | $76.4M | $126.6M | ||
| Q4 24 | $34.4M | $89.2M | ||
| Q3 24 | $50.1M | $70.3M | ||
| Q2 24 | $167.4M | $27.2M | ||
| Q1 24 | $178.9M | $29.2M |
自由现金流率ASORDDT
| Q4 25 | -1.0% | 36.3% | ||
| Q3 25 | 1.4% | 31.3% | ||
| Q2 25 | 7.9% | 22.2% | ||
| Q1 25 | 4.6% | 32.3% | ||
| Q4 24 | 2.6% | 20.8% | ||
| Q3 24 | 3.2% | 20.2% | ||
| Q2 24 | 12.3% | 9.7% | ||
| Q1 24 | 10.0% | 12.0% |
资本支出强度ASORDDT
| Q4 25 | 4.5% | 0.4% | ||
| Q3 25 | 3.5% | 0.4% | ||
| Q2 25 | 3.8% | 0.1% | ||
| Q1 25 | 3.8% | 0.2% | ||
| Q4 24 | 4.6% | 0.2% | ||
| Q3 24 | 2.7% | 0.4% | ||
| Q2 24 | 2.4% | 0.4% | ||
| Q1 24 | 3.1% | 1.2% |
现金转化率ASORDDT
| Q4 25 | 0.68× | 1.06× | ||
| Q3 25 | 0.63× | 1.14× | ||
| Q2 25 | 3.42× | 1.25× | ||
| Q1 25 | 1.05× | 4.88× | ||
| Q4 24 | 1.47× | 1.27× | ||
| Q3 24 | 0.64× | 2.40× | ||
| Q2 24 | 2.61× | — | ||
| Q1 24 | 1.40× | — |
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
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
