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B&G Foods, Inc.（BGS）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是B&G Foods, Inc.的1.7倍（$725.6M vs $439.3M），Reddit, Inc.净利率更高（34.7% vs -4.4%，领先39.0%），Reddit, Inc.同比增速更快（69.7% vs -4.7%），Reddit, Inc.自由现金流更多（$263.6M vs $-70.7M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -12.8%）
B&G Foods是总部位于美国新泽西州帕西帕尼的品牌食品控股企业，创立于1996年，成立初衷是收购1889年诞生于曼哈顿的酸黄瓜、调味酱及调味品生产商Bloch & Guggenheimer，如今在北美食品领域拥有众多知名品牌。
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。
BGS vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.7倍
$439.3M
营收增速更快
RDDT
高出74.4%
-4.7%
净利率更高
RDDT
高出39.0%
-4.4%
自由现金流更多
RDDT
多$334.4M
$-70.7M
两年增速更快
RDDT
近两年复合增速
-12.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $725.6M |
| 净利润 | $-19.1M | $251.6M |
| 毛利率 | 22.5% | 91.9% |
| 营业利润率 | 2.5% | 31.9% |
| 净利率 | -4.4% | 34.7% |
| 营收同比 | -4.7% | 69.7% |
| 净利润同比 | -356.5% | 254.2% |
| 每股收益（稀释后） | $-0.24 | $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BGSRDDT
| Q4 25 | — | $725.6M | ||
| Q3 25 | $439.3M | $584.9M | ||
| Q2 25 | $424.4M | $499.6M | ||
| Q1 25 | $425.4M | $392.4M | ||
| Q4 24 | $551.6M | $427.7M | ||
| Q3 24 | $461.1M | $348.4M | ||
| Q2 24 | $444.6M | $281.2M | ||
| Q1 24 | $475.2M | $243.0M |
净利润BGSRDDT
| Q4 25 | — | $251.6M | ||
| Q3 25 | $-19.1M | $162.7M | ||
| Q2 25 | $-9.8M | $89.3M | ||
| Q1 25 | $835.0K | $26.2M | ||
| Q4 24 | $-222.4M | $71.0M | ||
| Q3 24 | $7.5M | $29.9M | ||
| Q2 24 | $3.9M | $-10.1M | ||
| Q1 24 | $-40.2M | $-575.1M |
毛利率BGSRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | 22.5% | 91.0% | ||
| Q2 25 | 20.5% | 90.8% | ||
| Q1 25 | 21.2% | 90.5% | ||
| Q4 24 | 21.5% | 92.6% | ||
| Q3 24 | 22.2% | 90.1% | ||
| Q2 24 | 20.7% | 89.5% | ||
| Q1 24 | 22.9% | 88.6% |
营业利润率BGSRDDT
| Q4 25 | — | 31.9% | ||
| Q3 25 | 2.5% | 23.7% | ||
| Q2 25 | 5.2% | 13.6% | ||
| Q1 25 | 8.4% | 1.0% | ||
| Q4 24 | -46.6% | 12.4% | ||
| Q3 24 | 11.1% | 2.0% | ||
| Q2 24 | 9.9% | -11.0% | ||
| Q1 24 | -3.3% | -242.5% |
净利率BGSRDDT
| Q4 25 | — | 34.7% | ||
| Q3 25 | -4.4% | 27.8% | ||
| Q2 25 | -2.3% | 17.9% | ||
| Q1 25 | 0.2% | 6.7% | ||
| Q4 24 | -40.3% | 16.6% | ||
| Q3 24 | 1.6% | 8.6% | ||
| Q2 24 | 0.9% | -3.6% | ||
| Q1 24 | -8.5% | -236.7% |
每股收益（稀释后）BGSRDDT
| Q4 25 | — | $1.24 | ||
| Q3 25 | $-0.24 | $0.80 | ||
| Q2 25 | $-0.12 | $0.45 | ||
| Q1 25 | $0.01 | $0.13 | ||
| Q4 24 | $-2.81 | $4.76 | ||
| Q3 24 | $0.09 | $0.16 | ||
| Q2 24 | $0.05 | $-0.06 | ||
| Q1 24 | $-0.51 | $-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 | $60.9M | $953.6M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $470.7M | $2.9B |
| 总资产 | $2.9B | $3.2B |
| 负债/权益比越低杠杆越低 | 4.30× | — |
8季度趋势，按日历期对齐
现金及短期投资BGSRDDT
| Q4 25 | — | $953.6M | ||
| Q3 25 | $60.9M | $911.7M | ||
| Q2 25 | $54.1M | $734.1M | ||
| Q1 25 | $61.2M | $635.7M | ||
| Q4 24 | $50.6M | $562.1M | ||
| Q3 24 | $54.7M | $515.9M | ||
| Q2 24 | $40.3M | $468.0M | ||
| Q1 24 | $42.5M | $968.5M |
总债务BGSRDDT
| Q4 25 | — | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
股东权益BGSRDDT
| Q4 25 | — | $2.9B | ||
| Q3 25 | $470.7M | $2.6B | ||
| Q2 25 | $501.4M | $2.4B | ||
| Q1 25 | $513.1M | $2.2B | ||
| Q4 24 | $524.8M | $2.1B | ||
| Q3 24 | $755.3M | $2.0B | ||
| Q2 24 | $765.0M | $1.9B | ||
| Q1 24 | $781.2M | $1.8B |
总资产BGSRDDT
| Q4 25 | — | $3.2B | ||
| Q3 25 | $2.9B | $2.9B | ||
| Q2 25 | $2.9B | $2.6B | ||
| Q1 25 | $3.0B | $2.4B | ||
| Q4 24 | $3.0B | $2.3B | ||
| Q3 24 | $3.4B | $2.2B | ||
| Q2 24 | $3.4B | $2.1B | ||
| Q1 24 | $3.4B | $2.0B |
负债/权益比BGSRDDT
| Q4 25 | — | — | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.91× | — | ||
| Q4 24 | 3.85× | — | ||
| Q3 24 | 2.75× | — | ||
| Q2 24 | 2.67× | — | ||
| Q1 24 | 2.61× | — |
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 | $-64.6M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | $263.6M |
| 自由现金流率自由现金流/营收 | -16.1% | 36.3% |
| 资本支出强度资本支出/营收 | 1.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $54.8M | $684.2M |
8季度趋势，按日历期对齐
经营现金流BGSRDDT
| Q4 25 | — | $266.8M | ||
| Q3 25 | $-64.6M | $185.2M | ||
| Q2 25 | $17.8M | $111.3M | ||
| Q1 25 | $52.7M | $127.6M | ||
| Q4 24 | $80.3M | $90.0M | ||
| Q3 24 | $4.2M | $71.6M | ||
| Q2 24 | $11.3M | $28.4M | ||
| Q1 24 | $35.1M | $32.1M |
自由现金流BGSRDDT
| Q4 25 | — | $263.6M | ||
| Q3 25 | $-70.7M | $183.1M | ||
| Q2 25 | $11.5M | $110.8M | ||
| Q1 25 | $42.4M | $126.6M | ||
| Q4 24 | $71.7M | $89.2M | ||
| Q3 24 | $-679.0K | $70.3M | ||
| Q2 24 | $5.2M | $27.2M | ||
| Q1 24 | $27.5M | $29.2M |
自由现金流率BGSRDDT
| Q4 25 | — | 36.3% | ||
| Q3 25 | -16.1% | 31.3% | ||
| Q2 25 | 2.7% | 22.2% | ||
| Q1 25 | 10.0% | 32.3% | ||
| Q4 24 | 13.0% | 20.8% | ||
| Q3 24 | -0.1% | 20.2% | ||
| Q2 24 | 1.2% | 9.7% | ||
| Q1 24 | 5.8% | 12.0% |
资本支出强度BGSRDDT
| Q4 25 | — | 0.4% | ||
| Q3 25 | 1.4% | 0.4% | ||
| Q2 25 | 1.5% | 0.1% | ||
| Q1 25 | 2.4% | 0.2% | ||
| Q4 24 | 1.6% | 0.2% | ||
| Q3 24 | 1.0% | 0.4% | ||
| Q2 24 | 1.4% | 0.4% | ||
| Q1 24 | 1.6% | 1.2% |
现金转化率BGSRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | 63.17× | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 0.56× | 2.40× | ||
| Q2 24 | 2.87× | — | ||
| Q1 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
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
