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BJs RESTAURANTS INC（BJRI）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
Dave & Buster's Entertainment, Inc.的季度营收约是BJs RESTAURANTS INC的1.3倍（$448.2M vs $355.4M），BJs RESTAURANTS INC净利率更高（3.6% vs -9.4%，领先13.0%），Dave & Buster's Entertainment, Inc.同比增速更快（-1.1% vs -73.8%），过去两年BJs RESTAURANTS INC的营收复合增速更高（2.6% vs -13.5%）
BJ's Restaurants Inc.是美国休闲连锁餐饮企业，旗下门店遍布美国多个地区，主打招牌深盘披萨、精酿啤酒、手工鸡尾酒及各类美式家常餐食，服务家庭聚餐、朋友聚会等多元客群，主打轻松舒适的用餐氛围。
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。
BJRI vs PLAY — 直观对比
营收规模更大
PLAY
是对方的1.3倍
$355.4M
营收增速更快
PLAY
高出72.8%
-73.8%
净利率更高
BJRI
高出13.0%
-9.4%
两年增速更快
BJRI
近两年复合增速
-13.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $355.4M | $448.2M |
| 净利润 | $12.6M | $-42.1M |
| 毛利率 | 74.5% | 85.8% |
| 营业利润率 | — | -3.6% |
| 净利率 | 3.6% | -9.4% |
| 营收同比 | -73.8% | -1.1% |
| 净利润同比 | -24.2% | -28.7% |
| 每股收益（稀释后） | $0.58 | $-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BJRIPLAY
| Q4 25 | $355.4M | $448.2M | ||
| Q3 25 | $365.6M | $557.4M | ||
| Q2 25 | $348.0M | $567.7M | ||
| Q1 25 | — | $534.5M | ||
| Q4 24 | $325.7M | $453.0M | ||
| Q3 24 | $349.9M | $557.1M | ||
| Q2 24 | $337.3M | $588.1M | ||
| Q1 24 | — | $599.0M |
净利润BJRIPLAY
| Q4 25 | $12.6M | $-42.1M | ||
| Q3 25 | $22.2M | $11.4M | ||
| Q2 25 | $13.5M | $21.7M | ||
| Q1 25 | — | $9.3M | ||
| Q4 24 | $-2.9M | $-32.7M | ||
| Q3 24 | $17.2M | $40.3M | ||
| Q2 24 | $7.7M | $41.4M | ||
| Q1 24 | — | $36.1M |
毛利率BJRIPLAY
| Q4 25 | 74.5% | 85.8% | ||
| Q3 25 | 75.2% | 86.3% | ||
| Q2 25 | 75.0% | 85.5% | ||
| Q1 25 | — | 85.5% | ||
| Q4 24 | 73.4% | 85.0% | ||
| Q3 24 | 74.3% | 85.3% | ||
| Q2 24 | 74.8% | 85.2% | ||
| Q1 24 | — | 84.1% |
营业利润率BJRIPLAY
| Q4 25 | — | -3.6% | ||
| Q3 25 | 5.8% | 9.5% | ||
| Q2 25 | 4.3% | 11.1% | ||
| Q1 25 | — | 8.3% | ||
| Q4 24 | -0.8% | 1.4% | ||
| Q3 24 | 3.8% | 15.2% | ||
| Q2 24 | 2.4% | 14.5% | ||
| Q1 24 | — | 14.9% |
净利率BJRIPLAY
| Q4 25 | 3.6% | -9.4% | ||
| Q3 25 | 6.1% | 2.0% | ||
| Q2 25 | 3.9% | 3.8% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | -0.9% | -7.2% | ||
| Q3 24 | 4.9% | 7.2% | ||
| Q2 24 | 2.3% | 7.0% | ||
| Q1 24 | — | 6.0% |
每股收益（稀释后）BJRIPLAY
| Q4 25 | $0.58 | $-1.22 | ||
| Q3 25 | $0.97 | $0.32 | ||
| Q2 25 | $0.58 | $0.62 | ||
| Q1 25 | — | $0.32 | ||
| Q4 24 | $-0.13 | $-0.84 | ||
| Q3 24 | $0.72 | $0.99 | ||
| Q2 24 | $0.32 | $0.99 | ||
| Q1 24 | — | $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 | $23.8M | $13.6M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $366.2M | $130.8M |
| 总资产 | $1.0B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资BJRIPLAY
| Q4 25 | $23.8M | $13.6M | ||
| Q3 25 | $26.0M | $12.0M | ||
| Q2 25 | $19.0M | $11.9M | ||
| Q1 25 | — | $6.9M | ||
| Q4 24 | $18.4M | $8.6M | ||
| Q3 24 | $16.2M | $13.1M | ||
| Q2 24 | $18.8M | $32.1M | ||
| Q1 24 | — | $37.3M |
总债务BJRIPLAY
| Q4 25 | — | $1.6B | ||
| Q3 25 | $60.5M | $1.6B | ||
| Q2 25 | $85.5M | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $66.5M | $1.5B | ||
| Q3 24 | $63.5M | $1.3B | ||
| Q2 24 | $58.0M | $1.3B | ||
| Q1 24 | — | $1.3B |
股东权益BJRIPLAY
| Q4 25 | $366.2M | $130.8M | ||
| Q3 25 | $386.6M | $166.2M | ||
| Q2 25 | $371.5M | $146.8M | ||
| Q1 25 | — | $145.8M | ||
| Q4 24 | $376.2M | $226.6M | ||
| Q3 24 | $386.5M | $284.4M | ||
| Q2 24 | $375.4M | $292.5M | ||
| Q1 24 | — | $251.2M |
总资产BJRIPLAY
| Q4 25 | $1.0B | $4.1B | ||
| Q3 25 | $1.0B | $4.1B | ||
| Q2 25 | $1.0B | $4.1B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $1.0B | $3.9B | ||
| Q3 24 | $1.0B | $3.8B | ||
| Q2 24 | $1.0B | $3.8B | ||
| Q1 24 | — | $3.8B |
负债/权益比BJRIPLAY
| Q4 25 | — | 12.17× | ||
| Q3 25 | 0.16× | 9.57× | ||
| Q2 25 | 0.23× | 10.98× | ||
| Q1 25 | — | 10.45× | ||
| Q4 24 | 0.18× | 6.58× | ||
| Q3 24 | 0.16× | 4.72× | ||
| Q2 24 | 0.15× | 4.58× | ||
| Q1 24 | — | 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 | — | $58.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-20.6M |
| 自由现金流率自由现金流/营收 | — | -4.6% |
| 资本支出强度资本支出/营收 | — | 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 | — | $-195.6M |
8季度趋势，按日历期对齐
经营现金流BJRIPLAY
| Q4 25 | — | $58.0M | ||
| Q3 25 | $62.3M | $34.0M | ||
| Q2 25 | $4.6M | $95.8M | ||
| Q1 25 | — | $108.9M | ||
| Q4 24 | $27.3M | $-7.2M | ||
| Q3 24 | $20.2M | $101.8M | ||
| Q2 24 | $22.3M | $108.8M | ||
| Q1 24 | — | $97.2M |
自由现金流BJRIPLAY
| Q4 25 | — | $-20.6M | ||
| Q3 25 | $41.9M | $-55.2M | ||
| Q2 25 | $-12.1M | $-58.8M | ||
| Q1 25 | — | $-61.0M | ||
| Q4 24 | $7.6M | $-138.4M | ||
| Q3 24 | $735.0K | $-14.3M | ||
| Q2 24 | $448.0K | $-4.2M | ||
| Q1 24 | — | $-25.4M |
自由现金流率BJRIPLAY
| Q4 25 | — | -4.6% | ||
| Q3 25 | 11.5% | -9.9% | ||
| Q2 25 | -3.5% | -10.4% | ||
| Q1 25 | — | -11.4% | ||
| Q4 24 | 2.3% | -30.6% | ||
| Q3 24 | 0.2% | -2.6% | ||
| Q2 24 | 0.1% | -0.7% | ||
| Q1 24 | — | -4.2% |
资本支出强度BJRIPLAY
| Q4 25 | — | 17.5% | ||
| Q3 25 | 5.6% | 16.0% | ||
| Q2 25 | 4.8% | 27.2% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | 6.0% | 29.0% | ||
| Q3 24 | 5.6% | 20.8% | ||
| Q2 24 | 6.5% | 19.2% | ||
| Q1 24 | — | 20.5% |
现金转化率BJRIPLAY
| Q4 25 | — | — | ||
| Q3 25 | 2.80× | 2.98× | ||
| Q2 25 | 0.34× | 4.41× | ||
| Q1 25 | — | 11.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | 2.53× | ||
| Q2 24 | 2.89× | 2.63× | ||
| Q1 24 | — | 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
BJRI
暂无分部数据
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% |
