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蓝帽子互动娱乐科技（BHAT）与美国艺电（EA）财务数据对比。点击上方公司名可切换其他公司
美国艺电的季度营收约是蓝帽子互动娱乐科技的145.4倍（$1.9B vs $13.1M）。美国艺电净利率更高（4.6% vs -9.9%，领先14.5%）
蓝帽子互动娱乐科技主营增强现实（AR）游戏、智能互动玩具、沉浸式休闲内容等互动娱乐产品的研发与生产，核心服务中国大陆消费市场，同时逐步拓展东南亚等海外分发渠道，主打家庭及青少年娱乐赛道。
美国艺电（EA）是总部位于美国加利福尼亚州雷德伍德城的电子游戏企业，1982年5月由前苹果员工特里普·霍金斯创立。作为早期家用电脑游戏行业的先驱，公司将旗下游戏设计师与程序员称作“软件艺术家”，是全球知名的游戏厂商。
BHAT vs EA — 直观对比
营收规模更大
EA
是对方的145.4倍
$13.1M
净利率更高
EA
高出14.5%
-9.9%
损益表 — Q2 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $13.1M | $1.9B |
| 净利润 | $-1.3M | $88.0M |
| 毛利率 | 8.3% | 73.8% |
| 营业利润率 | -9.4% | 6.7% |
| 净利率 | -9.9% | 4.6% |
| 营收同比 | — | 1.0% |
| 净利润同比 | — | -70.0% |
| 每股收益（稀释后） | — | $0.35 |
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BHATEA
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | $13.1M | $1.7B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | $46.3M | $1.7B | ||
| Q1 24 | — | $1.8B |
净利润BHATEA
| Q4 25 | — | $88.0M | ||
| Q3 25 | — | $137.0M | ||
| Q2 25 | $-1.3M | $201.0M | ||
| Q1 25 | — | $254.0M | ||
| Q4 24 | — | $293.0M | ||
| Q3 24 | — | $294.0M | ||
| Q2 24 | $-4.4M | $280.0M | ||
| Q1 24 | — | $182.0M |
毛利率BHATEA
| Q4 25 | — | 73.8% | ||
| Q3 25 | — | 75.9% | ||
| Q2 25 | 8.3% | 83.3% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 75.8% | ||
| Q3 24 | — | 77.5% | ||
| Q2 24 | 0.2% | 84.2% | ||
| Q1 24 | — | 79.9% |
营业利润率BHATEA
| Q4 25 | — | 6.7% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | -9.4% | 16.2% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | -8.8% | 21.9% | ||
| Q1 24 | — | 13.2% |
净利率BHATEA
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | -9.9% | 12.0% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | — | 15.6% | ||
| Q3 24 | — | 14.5% | ||
| Q2 24 | -9.4% | 16.9% | ||
| Q1 24 | — | 10.2% |
每股收益（稀释后）BHATEA
| Q4 25 | — | $0.35 | ||
| Q3 25 | — | $0.54 | ||
| Q2 25 | — | $0.79 | ||
| Q1 25 | — | $0.99 | ||
| Q4 24 | — | $1.11 | ||
| Q3 24 | — | $1.11 | ||
| Q2 24 | — | $1.04 | ||
| Q1 24 | — | $0.67 |
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 | $14.3K | $2.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $32.1M | $6.2B |
| 总资产 | $75.2M | $13.3B |
| 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BHATEA
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $14.3K | $1.5B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $407.6K | $2.4B | ||
| Q1 24 | — | $2.9B |
股东权益BHATEA
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $6.0B | ||
| Q2 25 | $32.1M | $6.1B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | — | $7.4B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | $40.6M | $7.4B | ||
| Q1 24 | — | $7.5B |
总资产BHATEA
| Q4 25 | — | $13.3B | ||
| Q3 25 | — | $11.9B | ||
| Q2 25 | $75.2M | $11.7B | ||
| Q1 25 | — | $12.4B | ||
| Q4 24 | — | $13.5B | ||
| Q3 24 | — | $13.1B | ||
| Q2 24 | $49.3M | $12.7B | ||
| Q1 24 | — | $13.4B |
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 | $2.6M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 20.75× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BHATEA
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $130.0M | ||
| Q2 25 | $2.6M | $17.0M | ||
| Q1 25 | — | $549.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $234.0M | ||
| Q2 24 | — | $120.0M | ||
| Q1 24 | — | $580.0M |
现金转化率BHATEA
| Q4 25 | — | 20.75× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 2.16× | ||
| Q4 24 | — | 4.01× | ||
| Q3 24 | — | 0.80× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 3.19× |
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
BHAT
暂无分部数据
EA
| Live Services And Other Net Revenue | $1.3B | 67% |
| PC And Other Net Revenue | $465.0M | 24% |
| Packaged Goods Net Revenue | $86.0M | 5% |
| Other | $56.0M | 3% |
| Estimated Service Offering Period | $25.0M | 1% |
