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BUILD-A-BEAR WORKSHOP INC（BBW）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是BUILD-A-BEAR WORKSHOP INC的1.8倍（$225.0M vs $122.7M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 2.7%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $1.7M）
Build-A-Bear Workshop是源自美国的定制毛绒玩具零售商，总部位于密苏里州圣路易斯。顾客到店后可全程参与互动流程，亲手制作并根据自身偏好定制毛绒玩具，可选择不同香味、音效、造型与服饰，它是目前全球最大的同类毛绒玩具定制连锁品牌。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
BBW vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.8倍
$122.7M
营收增速更快
ROCK
高出22.2%
2.7%
自由现金流更多
ROCK
多$24.5M
$1.7M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $122.7M | $225.0M |
| 净利润 | $8.1M | — |
| 毛利率 | 53.7% | 25.3% |
| 营业利润率 | 8.7% | 7.9% |
| 净利率 | 6.6% | — |
| 营收同比 | 2.7% | 24.9% |
| 净利润同比 | -17.7% | — |
| 每股收益（稀释后） | $0.62 | — |
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BBWROCK
| Q4 25 | $122.7M | $225.0M | ||
| Q3 25 | $124.2M | $310.9M | ||
| Q2 25 | $128.4M | $309.5M | ||
| Q1 25 | $150.4M | $290.0M | ||
| Q4 24 | — | $180.1M | ||
| Q3 24 | — | $277.1M | ||
| Q2 24 | — | $273.6M | ||
| Q1 24 | — | $292.5M |
净利润BBWROCK
| Q4 25 | $8.1M | — | ||
| Q3 25 | $12.4M | $-89.1M | ||
| Q2 25 | $15.3M | $26.0M | ||
| Q1 25 | $21.7M | $21.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $34.0M | ||
| Q2 24 | — | $32.2M | ||
| Q1 24 | — | $24.9M |
毛利率BBWROCK
| Q4 25 | 53.7% | 25.3% | ||
| Q3 25 | 57.6% | 26.6% | ||
| Q2 25 | 56.8% | 28.4% | ||
| Q1 25 | 56.6% | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 28.9% |
营业利润率BBWROCK
| Q4 25 | 8.7% | 7.9% | ||
| Q3 25 | 12.3% | 12.8% | ||
| Q2 25 | 15.3% | 12.8% | ||
| Q1 25 | 18.3% | 8.8% | ||
| Q4 24 | — | 13.3% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 14.9% | ||
| Q1 24 | — | 10.8% |
净利率BBWROCK
| Q4 25 | 6.6% | — | ||
| Q3 25 | 10.0% | -28.6% | ||
| Q2 25 | 11.9% | 8.4% | ||
| Q1 25 | 14.4% | 7.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 11.8% | ||
| Q1 24 | — | 8.5% |
每股收益（稀释后）BBWROCK
| Q4 25 | $0.62 | — | ||
| Q3 25 | $0.94 | $-2.98 | ||
| Q2 25 | $1.17 | $0.87 | ||
| Q1 25 | $1.61 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.11 | ||
| Q2 24 | — | $1.05 | ||
| Q1 24 | — | — |
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 | $27.7M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $150.6M | $950.4M |
| 总资产 | $326.5M | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资BBWROCK
| Q4 25 | $27.7M | $115.7M | ||
| Q3 25 | $39.1M | $89.4M | ||
| Q2 25 | $44.3M | $43.3M | ||
| Q1 25 | $27.8M | $25.1M | ||
| Q4 24 | — | $269.5M | ||
| Q3 24 | — | $228.9M | ||
| Q2 24 | — | $179.1M | ||
| Q1 24 | — | $146.7M |
总债务BBWROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益BBWROCK
| Q4 25 | $150.6M | $950.4M | ||
| Q3 25 | $155.4M | $951.8M | ||
| Q2 25 | $148.7M | $1.0B | ||
| Q1 25 | $139.1M | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $975.7M | ||
| Q1 24 | — | $940.2M |
总资产BBWROCK
| Q4 25 | $326.5M | $1.4B | ||
| Q3 25 | $318.2M | $1.4B | ||
| Q2 25 | $308.3M | $1.5B | ||
| Q1 25 | $290.0M | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
负债/权益比BBWROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $8.2M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $1.7M | $26.2M |
| 自由现金流率自由现金流/营收 | 1.4% | 11.7% |
| 资本支出强度资本支出/营收 | 5.3% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.01× | — |
| 过去12个月自由现金流最近4个季度 | $37.2M | $120.6M |
8季度趋势，按日历期对齐
经营现金流BBWROCK
| Q4 25 | $8.2M | $35.5M | ||
| Q3 25 | $4.2M | $73.0M | ||
| Q2 25 | $27.8M | $44.9M | ||
| Q1 25 | $19.5M | $13.7M | ||
| Q4 24 | — | $19.9M | ||
| Q3 24 | — | $64.7M | ||
| Q2 24 | — | $36.5M | ||
| Q1 24 | — | $53.2M |
自由现金流BBWROCK
| Q4 25 | $1.7M | $26.2M | ||
| Q3 25 | $793.0K | $64.8M | ||
| Q2 25 | $24.9M | $27.3M | ||
| Q1 25 | $9.8M | $2.3M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | — | $60.5M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $48.8M |
自由现金流率BBWROCK
| Q4 25 | 1.4% | 11.7% | ||
| Q3 25 | 0.6% | 20.8% | ||
| Q2 25 | 19.4% | 8.8% | ||
| Q1 25 | 6.5% | 0.8% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 16.7% |
资本支出强度BBWROCK
| Q4 25 | 5.3% | 4.1% | ||
| Q3 25 | 2.8% | 2.6% | ||
| Q2 25 | 2.3% | 5.7% | ||
| Q1 25 | 6.5% | 3.9% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 1.5% |
现金转化率BBWROCK
| Q4 25 | 1.01× | — | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 1.81× | 1.73× | ||
| Q1 25 | 0.90× | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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
BBW
| Direct To Consumer | $112.3M | 92% |
| Commercial Product And Service | $8.9M | 7% |
| International Franchising | $1.5M | 1% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
