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AeroVironment Inc（AVAV）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
AeroVironment Inc的季度营收约是Dave & Buster's Entertainment, Inc.的1.1倍（$472.5M vs $448.2M），AeroVironment Inc净利率更高（-3.6% vs -9.4%，领先5.8%），AeroVironment Inc同比增速更快（181.9% vs -1.1%），Dave & Buster's Entertainment, Inc.自由现金流更多（$-20.6M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs -13.5%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
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。
AVAV vs PLAY — 直观对比
营收规模更大
AVAV
是对方的1.1倍
$448.2M
营收增速更快
AVAV
高出182.9%
-1.1%
净利率更高
AVAV
高出5.8%
-9.4%
自由现金流更多
PLAY
多$35.3M
$-55.9M
两年增速更快
AVAV
近两年复合增速
-13.5%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $448.2M |
| 净利润 | $-17.1M | $-42.1M |
| 毛利率 | 22.0% | 85.8% |
| 营业利润率 | -6.4% | -3.6% |
| 净利率 | -3.6% | -9.4% |
| 营收同比 | 181.9% | -1.1% |
| 净利润同比 | -875.1% | -28.7% |
| 每股收益（稀释后） | $-0.34 | $-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AVAVPLAY
| Q4 25 | $472.5M | $448.2M | ||
| Q3 25 | $454.7M | $557.4M | ||
| Q2 25 | $275.1M | $567.7M | ||
| Q1 25 | $167.6M | $534.5M | ||
| Q4 24 | $188.5M | $453.0M | ||
| Q3 24 | $189.5M | $557.1M | ||
| Q2 24 | $197.0M | $588.1M | ||
| Q1 24 | $186.6M | $599.0M |
净利润AVAVPLAY
| Q4 25 | $-17.1M | $-42.1M | ||
| Q3 25 | $-67.4M | $11.4M | ||
| Q2 25 | $16.7M | $21.7M | ||
| Q1 25 | $-1.8M | $9.3M | ||
| Q4 24 | $7.5M | $-32.7M | ||
| Q3 24 | $21.2M | $40.3M | ||
| Q2 24 | $6.0M | $41.4M | ||
| Q1 24 | $13.9M | $36.1M |
毛利率AVAVPLAY
| Q4 25 | 22.0% | 85.8% | ||
| Q3 25 | 20.9% | 86.3% | ||
| Q2 25 | 36.5% | 85.5% | ||
| Q1 25 | 37.7% | 85.5% | ||
| Q4 24 | 39.1% | 85.0% | ||
| Q3 24 | 43.0% | 85.3% | ||
| Q2 24 | 38.4% | 85.2% | ||
| Q1 24 | 36.1% | 84.1% |
营业利润率AVAVPLAY
| Q4 25 | -6.4% | -3.6% | ||
| Q3 25 | -15.2% | 9.5% | ||
| Q2 25 | 5.0% | 11.1% | ||
| Q1 25 | -1.8% | 8.3% | ||
| Q4 24 | 3.7% | 1.4% | ||
| Q3 24 | 12.2% | 15.2% | ||
| Q2 24 | 3.0% | 14.5% | ||
| Q1 24 | 7.7% | 14.9% |
净利率AVAVPLAY
| Q4 25 | -3.6% | -9.4% | ||
| Q3 25 | -14.8% | 2.0% | ||
| Q2 25 | 6.1% | 3.8% | ||
| Q1 25 | -1.0% | 1.7% | ||
| Q4 24 | 4.0% | -7.2% | ||
| Q3 24 | 11.2% | 7.2% | ||
| Q2 24 | 3.1% | 7.0% | ||
| Q1 24 | 7.4% | 6.0% |
每股收益（稀释后）AVAVPLAY
| Q4 25 | $-0.34 | $-1.22 | ||
| Q3 25 | $-1.44 | $0.32 | ||
| Q2 25 | $0.59 | $0.62 | ||
| Q1 25 | $-0.06 | $0.32 | ||
| Q4 24 | $0.27 | $-0.84 | ||
| Q3 24 | $0.75 | $0.99 | ||
| Q2 24 | $0.18 | $0.99 | ||
| Q1 24 | $0.50 | $0.95 |
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 | $588.5M | $13.6M |
| 总债务越低越好 | $747.5M | $1.6B |
| 股东权益账面价值 | $4.4B | $130.8M |
| 总资产 | $5.6B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.17× | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资AVAVPLAY
| Q4 25 | $588.5M | $13.6M | ||
| Q3 25 | $685.8M | $12.0M | ||
| Q2 25 | $40.9M | $11.9M | ||
| Q1 25 | $47.0M | $6.9M | ||
| Q4 24 | $69.0M | $8.6M | ||
| Q3 24 | $81.2M | $13.1M | ||
| Q2 24 | $73.3M | $32.1M | ||
| Q1 24 | $107.7M | $37.3M |
总债务AVAVPLAY
| Q4 25 | $747.5M | $1.6B | ||
| Q3 25 | $747.5M | $1.6B | ||
| Q2 25 | $30.0M | $1.6B | ||
| Q1 25 | $25.0M | $1.5B | ||
| Q4 24 | $15.0M | $1.5B | ||
| Q3 24 | $17.5M | $1.3B | ||
| Q2 24 | $28.0M | $1.3B | ||
| Q1 24 | $40.0M | $1.3B |
股东权益AVAVPLAY
| Q4 25 | $4.4B | $130.8M | ||
| Q3 25 | $4.4B | $166.2M | ||
| Q2 25 | $886.5M | $146.8M | ||
| Q1 25 | $861.1M | $145.8M | ||
| Q4 24 | $858.4M | $226.6M | ||
| Q3 24 | $845.5M | $284.4M | ||
| Q2 24 | $822.7M | $292.5M | ||
| Q1 24 | $813.0M | $251.2M |
总资产AVAVPLAY
| Q4 25 | $5.6B | $4.1B | ||
| Q3 25 | $5.6B | $4.1B | ||
| Q2 25 | $1.1B | $4.1B | ||
| Q1 25 | $1.0B | $4.0B | ||
| Q4 24 | $1.0B | $3.9B | ||
| Q3 24 | $999.2M | $3.8B | ||
| Q2 24 | $1.0B | $3.8B | ||
| Q1 24 | $980.3M | $3.8B |
负债/权益比AVAVPLAY
| Q4 25 | 0.17× | 12.17× | ||
| Q3 25 | 0.17× | 9.57× | ||
| Q2 25 | 0.03× | 10.98× | ||
| Q1 25 | 0.03× | 10.45× | ||
| Q4 24 | 0.02× | 6.58× | ||
| Q3 24 | 0.02× | 4.72× | ||
| Q2 24 | 0.03× | 4.58× | ||
| Q1 24 | 0.05× | 5.33× |
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 | $-45.1M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $-20.6M |
| 自由现金流率自由现金流/营收 | -11.8% | -4.6% |
| 资本支出强度资本支出/营收 | 2.3% | 17.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $-195.6M |
8季度趋势，按日历期对齐
经营现金流AVAVPLAY
| Q4 25 | $-45.1M | $58.0M | ||
| Q3 25 | $-123.7M | $34.0M | ||
| Q2 25 | $-264.0K | $95.8M | ||
| Q1 25 | $-25.8M | $108.9M | ||
| Q4 24 | $-3.6M | $-7.2M | ||
| Q3 24 | $28.4M | $101.8M | ||
| Q2 24 | $-11.7M | $108.8M | ||
| Q1 24 | $52.6M | $97.2M |
自由现金流AVAVPLAY
| Q4 25 | $-55.9M | $-20.6M | ||
| Q3 25 | $-146.5M | $-55.2M | ||
| Q2 25 | $-8.8M | $-58.8M | ||
| Q1 25 | $-29.6M | $-61.0M | ||
| Q4 24 | $-8.7M | $-138.4M | ||
| Q3 24 | $22.9M | $-14.3M | ||
| Q2 24 | $-20.8M | $-4.2M | ||
| Q1 24 | $48.8M | $-25.4M |
自由现金流率AVAVPLAY
| Q4 25 | -11.8% | -4.6% | ||
| Q3 25 | -32.2% | -9.9% | ||
| Q2 25 | -3.2% | -10.4% | ||
| Q1 25 | -17.7% | -11.4% | ||
| Q4 24 | -4.6% | -30.6% | ||
| Q3 24 | 12.1% | -2.6% | ||
| Q2 24 | -10.5% | -0.7% | ||
| Q1 24 | 26.1% | -4.2% |
资本支出强度AVAVPLAY
| Q4 25 | 2.3% | 17.5% | ||
| Q3 25 | 5.0% | 16.0% | ||
| Q2 25 | 3.1% | 27.2% | ||
| Q1 25 | 2.3% | 31.8% | ||
| Q4 24 | 2.7% | 29.0% | ||
| Q3 24 | 2.9% | 20.8% | ||
| Q2 24 | 4.6% | 19.2% | ||
| Q1 24 | 2.0% | 20.5% |
现金转化率AVAVPLAY
| Q4 25 | — | — | ||
| Q3 25 | — | 2.98× | ||
| Q2 25 | -0.02× | 4.41× | ||
| Q1 25 | — | 11.71× | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | 2.53× | ||
| Q2 24 | -1.93× | 2.63× | ||
| Q1 24 | 3.79× | 2.69× |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
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% |
