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蓝帽子互动娱乐科技（BHAT）与谷歌（GOOGL）财务数据对比。点击上方公司名可切换其他公司
谷歌的季度营收约是蓝帽子互动娱乐科技的8703.4倍（$113.8B vs $13.1M）。谷歌净利率更高（30.3% vs -9.9%，领先40.2%）
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。
Alphabet Inc.是谷歌的母公司，业务覆盖美洲、欧洲、亚太、中东、非洲等全球主要区域，下设谷歌服务、谷歌云、创新投项三大业务板块。谷歌服务板块涵盖广告、安卓系统、Chrome、硬件、搜索、YouTube、邮箱、云盘、地图等多款产品，同时提供应用及数字内容售卖相关服务。
BHAT vs GOOGL — 直观对比
营收规模更大
GOOGL
是对方的8703.4倍
$13.1M
净利率更高
GOOGL
高出40.2%
-9.9%
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $13.1M | $113.8B |
| 净利润 | $-1.3M | $34.5B |
| 毛利率 | 8.3% | 59.8% |
| 营业利润率 | -9.4% | 31.6% |
| 净利率 | -9.9% | 30.3% |
| 营收同比 | — | 18.0% |
| 净利润同比 | — | 29.8% |
| 每股收益（稀释后） | — | $2.82 |
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BHATGOOGL
| Q4 25 | — | $113.8B | ||
| Q3 25 | — | $102.3B | ||
| Q2 25 | $13.1M | $96.4B | ||
| Q1 25 | — | $90.2B | ||
| Q4 24 | — | $96.5B | ||
| Q3 24 | — | $88.3B | ||
| Q2 24 | $46.3M | $84.7B | ||
| Q1 24 | — | $80.5B |
净利润BHATGOOGL
| Q4 25 | — | $34.5B | ||
| Q3 25 | — | $35.0B | ||
| Q2 25 | $-1.3M | $28.2B | ||
| Q1 25 | — | $34.5B | ||
| Q4 24 | — | $26.5B | ||
| Q3 24 | — | $26.3B | ||
| Q2 24 | $-4.4M | $23.6B | ||
| Q1 24 | — | $23.7B |
毛利率BHATGOOGL
| Q4 25 | — | 59.8% | ||
| Q3 25 | — | 59.6% | ||
| Q2 25 | 8.3% | 59.5% | ||
| Q1 25 | — | 59.7% | ||
| Q4 24 | — | 57.9% | ||
| Q3 24 | — | 58.7% | ||
| Q2 24 | 0.2% | 58.1% | ||
| Q1 24 | — | 58.1% |
营业利润率BHATGOOGL
| Q4 25 | — | 31.6% | ||
| Q3 25 | — | 30.5% | ||
| Q2 25 | -9.4% | 32.4% | ||
| Q1 25 | — | 33.9% | ||
| Q4 24 | — | 32.1% | ||
| Q3 24 | — | 32.3% | ||
| Q2 24 | -8.8% | 32.4% | ||
| Q1 24 | — | 31.6% |
净利率BHATGOOGL
| Q4 25 | — | 30.3% | ||
| Q3 25 | — | 34.2% | ||
| Q2 25 | -9.9% | 29.2% | ||
| Q1 25 | — | 38.3% | ||
| Q4 24 | — | 27.5% | ||
| Q3 24 | — | 29.8% | ||
| Q2 24 | -9.4% | 27.9% | ||
| Q1 24 | — | 29.4% |
每股收益（稀释后）BHATGOOGL
| Q4 25 | — | $2.82 | ||
| Q3 25 | — | $2.87 | ||
| Q2 25 | — | $2.31 | ||
| Q1 25 | — | $2.81 | ||
| Q4 24 | — | $2.14 | ||
| Q3 24 | — | $2.12 | ||
| Q2 24 | — | $1.89 | ||
| Q1 24 | — | $1.89 |
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 | $126.8B |
| 总债务越低越好 | — | $49.1B |
| 股东权益账面价值 | $32.1M | $415.3B |
| 总资产 | $75.2M | $595.3B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资BHATGOOGL
| Q4 25 | — | $126.8B | ||
| Q3 25 | — | $98.5B | ||
| Q2 25 | $14.3K | $95.1B | ||
| Q1 25 | — | $95.3B | ||
| Q4 24 | — | $95.7B | ||
| Q3 24 | — | $93.2B | ||
| Q2 24 | $407.6K | $100.7B | ||
| Q1 24 | — | $108.1B |
总债务BHATGOOGL
| Q4 25 | — | $49.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $10.9B | ||
| Q4 24 | — | $10.9B | ||
| Q3 24 | — | $12.3B | ||
| Q2 24 | — | $13.2B | ||
| Q1 24 | — | $13.2B |
股东权益BHATGOOGL
| Q4 25 | — | $415.3B | ||
| Q3 25 | — | $386.9B | ||
| Q2 25 | $32.1M | $362.9B | ||
| Q1 25 | — | $345.3B | ||
| Q4 24 | — | $325.1B | ||
| Q3 24 | — | $314.1B | ||
| Q2 24 | $40.6M | $300.8B | ||
| Q1 24 | — | $292.8B |
总资产BHATGOOGL
| Q4 25 | — | $595.3B | ||
| Q3 25 | — | $536.5B | ||
| Q2 25 | $75.2M | $502.1B | ||
| Q1 25 | — | $475.4B | ||
| Q4 24 | — | $450.3B | ||
| Q3 24 | — | $430.3B | ||
| Q2 24 | $49.3M | $414.8B | ||
| Q1 24 | — | $407.4B |
负债/权益比BHATGOOGL
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× | ||
| Q1 24 | — | 0.05× |
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 | $52.4B |
| 自由现金流经营现金流 - 资本支出 | — | $24.6B |
| 自由现金流率自由现金流/营收 | — | 21.6% |
| 资本支出强度资本支出/营收 | — | 24.5% |
| 现金转化率经营现金流/净利润 | — | 1.52× |
| 过去12个月自由现金流最近4个季度 | — | $73.3B |
8季度趋势，按日历期对齐
经营现金流BHATGOOGL
| Q4 25 | — | $52.4B | ||
| Q3 25 | — | $48.4B | ||
| Q2 25 | $2.6M | $27.7B | ||
| Q1 25 | — | $36.1B | ||
| Q4 24 | — | $39.1B | ||
| Q3 24 | — | $30.7B | ||
| Q2 24 | — | $26.6B | ||
| Q1 24 | — | $28.8B |
自由现金流BHATGOOGL
| Q4 25 | — | $24.6B | ||
| Q3 25 | — | $24.5B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $19.0B | ||
| Q4 24 | — | $24.8B | ||
| Q3 24 | — | $17.6B | ||
| Q2 24 | — | $13.5B | ||
| Q1 24 | — | $16.8B |
自由现金流率BHATGOOGL
| Q4 25 | — | 21.6% | ||
| Q3 25 | — | 23.9% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 21.0% | ||
| Q4 24 | — | 25.7% | ||
| Q3 24 | — | 20.0% | ||
| Q2 24 | — | 15.9% | ||
| Q1 24 | — | 20.9% |
资本支出强度BHATGOOGL
| Q4 25 | — | 24.5% | ||
| Q3 25 | — | 23.4% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | — | 14.8% | ||
| Q2 24 | — | 15.6% | ||
| Q1 24 | — | 14.9% |
现金转化率BHATGOOGL
| Q4 25 | — | 1.52× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.47× | ||
| Q3 24 | — | 1.17× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 1.22× |
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
GOOGL
| Google Search | $63.1B | 55% |
| Google Cloud | $17.7B | 16% |
| Subscriptions & Devices | $13.6B | 12% |
| YouTube | $11.4B | 10% |
| Google Network | $7.8B | 7% |
