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BLACKLINE, INC.（BL）与Childrens Place, Inc.（PLCE）财务数据对比。点击上方公司名可切换其他公司
Childrens Place, Inc.的季度营收约是BLACKLINE, INC.的1.9倍（$339.5M vs $183.2M），BLACKLINE, INC.净利率更高（2.7% vs -1.3%，领先3.9%），BLACKLINE, INC.同比增速更快（8.1% vs -13.0%），BLACKLINE, INC.自由现金流更多（$26.1M vs $-3.4M），过去两年BLACKLINE, INC.的营收复合增速更高（7.9% vs -13.6%）
BlackLine是一家美国企业级软件公司，总部位于洛杉矶，在全球设有17个办事处，专注于开发云服务，可实现财务结账全流程自动化与管理，同时覆盖财务合并、发票到回款流程及公司间会计核算等业务场景。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
BL vs PLCE — 直观对比
营收规模更大
PLCE
是对方的1.9倍
$183.2M
营收增速更快
BL
高出21.1%
-13.0%
净利率更高
BL
高出3.9%
-1.3%
自由现金流更多
BL
多$29.5M
$-3.4M
两年增速更快
BL
近两年复合增速
-13.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $339.5M |
| 净利润 | $4.9M | $-4.3M |
| 毛利率 | 75.2% | 33.1% |
| 营业利润率 | 3.7% | 1.1% |
| 净利率 | 2.7% | -1.3% |
| 营收同比 | 8.1% | -13.0% |
| 净利润同比 | -91.3% | -121.5% |
| 每股收益（稀释后） | $0.07 | $-0.19 |
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BLPLCE
| Q4 25 | $183.2M | $339.5M | ||
| Q3 25 | $178.3M | $298.0M | ||
| Q2 25 | $172.0M | $242.1M | ||
| Q1 25 | $166.9M | $408.6M | ||
| Q4 24 | $169.5M | $390.2M | ||
| Q3 24 | $165.9M | $319.7M | ||
| Q2 24 | $160.5M | $267.9M | ||
| Q1 24 | $157.5M | $455.0M |
净利润BLPLCE
| Q4 25 | $4.9M | $-4.3M | ||
| Q3 25 | $5.3M | $-5.4M | ||
| Q2 25 | $8.3M | $-34.0M | ||
| Q1 25 | $6.1M | $-8.0M | ||
| Q4 24 | $56.4M | $20.1M | ||
| Q3 24 | $17.2M | $-32.1M | ||
| Q2 24 | $76.7M | $-37.8M | ||
| Q1 24 | $10.8M | $-128.8M |
毛利率BLPLCE
| Q4 25 | 75.2% | 33.1% | ||
| Q3 25 | 75.1% | 34.0% | ||
| Q2 25 | 75.2% | 29.2% | ||
| Q1 25 | 75.5% | 28.5% | ||
| Q4 24 | 75.6% | 35.5% | ||
| Q3 24 | 75.2% | 35.0% | ||
| Q2 24 | 74.9% | 34.6% | ||
| Q1 24 | 75.2% | 21.8% |
营业利润率BLPLCE
| Q4 25 | 3.7% | 1.1% | ||
| Q3 25 | 4.3% | 1.4% | ||
| Q2 25 | 4.4% | -10.0% | ||
| Q1 25 | 2.1% | 1.7% | ||
| Q4 24 | 3.7% | 7.5% | ||
| Q3 24 | 5.0% | -6.8% | ||
| Q2 24 | 1.4% | -10.4% | ||
| Q1 24 | 1.1% | -13.6% |
净利率BLPLCE
| Q4 25 | 2.7% | -1.3% | ||
| Q3 25 | 3.0% | -1.8% | ||
| Q2 25 | 4.8% | -14.1% | ||
| Q1 25 | 3.6% | -2.0% | ||
| Q4 24 | 33.3% | 5.1% | ||
| Q3 24 | 10.4% | -10.0% | ||
| Q2 24 | 47.8% | -14.1% | ||
| Q1 24 | 6.9% | -28.3% |
每股收益（稀释后）BLPLCE
| Q4 25 | $0.07 | $-0.19 | ||
| Q3 25 | $0.09 | $-0.24 | ||
| Q2 25 | $0.13 | $-1.57 | ||
| Q1 25 | $0.10 | $-0.60 | ||
| Q4 24 | $0.79 | $1.57 | ||
| Q3 24 | $0.27 | $-2.51 | ||
| Q2 24 | $0.22 | $-2.98 | ||
| Q1 24 | $0.17 | $-10.24 |
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 | $390.0M | $7.3M |
| 总债务越低越好 | — | $107.4M |
| 股东权益账面价值 | $332.3M | $-8.6M |
| 总资产 | $1.8B | $762.5M |
| 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BLPLCE
| Q4 25 | $390.0M | $7.3M | ||
| Q3 25 | $419.9M | $7.8M | ||
| Q2 25 | $459.1M | $5.7M | ||
| Q1 25 | $479.5M | $5.3M | ||
| Q4 24 | $885.9M | $5.7M | ||
| Q3 24 | $725.3M | $9.6M | ||
| Q2 24 | $616.6M | $13.0M | ||
| Q1 24 | $331.4M | $13.6M |
总债务BLPLCE
| Q4 25 | — | $107.4M | ||
| Q3 25 | — | $107.2M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $166.0M | ||
| Q4 24 | — | $165.7M | ||
| Q3 24 | — | $165.4M | ||
| Q2 24 | — | $166.6M | ||
| Q1 24 | — | $49.8M |
股东权益BLPLCE
| Q4 25 | $332.3M | $-8.6M | ||
| Q3 25 | $328.3M | $-4.9M | ||
| Q2 25 | $414.0M | $1.4M | ||
| Q1 25 | $417.9M | $-59.4M | ||
| Q4 24 | $446.7M | $-49.6M | ||
| Q3 24 | $367.9M | $-68.9M | ||
| Q2 24 | $325.8M | $-34.9M | ||
| Q1 24 | $279.8M | $-9.0M |
总资产BLPLCE
| Q4 25 | $1.8B | $762.5M | ||
| Q3 25 | $1.7B | $805.1M | ||
| Q2 25 | $1.8B | $779.6M | ||
| Q1 25 | $1.8B | $747.6M | ||
| Q4 24 | $1.8B | $888.8M | ||
| Q3 24 | $1.7B | $921.4M | ||
| Q2 24 | $1.9B | $848.3M | ||
| Q1 24 | $2.1B | $800.3M |
负债/权益比BLPLCE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 75.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $26.7M | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $26.1M | $-3.4M |
| 自由现金流率自由现金流/营收 | 14.2% | -1.0% |
| 资本支出强度资本支出/营收 | 0.3% | 2.8% |
| 现金转化率经营现金流/净利润 | 5.46× | — |
| 过去12个月自由现金流最近4个季度 | $161.5M | $39.5M |
8季度趋势，按日历期对齐
经营现金流BLPLCE
| Q4 25 | $26.7M | $6.2M | ||
| Q3 25 | $63.8M | $-30.5M | ||
| Q2 25 | $32.3M | $-43.0M | ||
| Q1 25 | $46.7M | $121.3M | ||
| Q4 24 | $43.8M | $-44.2M | ||
| Q3 24 | $55.9M | $-83.9M | ||
| Q2 24 | $40.7M | $-110.8M | ||
| Q1 24 | $50.4M | $135.4M |
自由现金流BLPLCE
| Q4 25 | $26.1M | $-3.4M | ||
| Q3 25 | $63.3M | $-31.9M | ||
| Q2 25 | $31.4M | $-46.4M | ||
| Q1 25 | $40.8M | $121.2M | ||
| Q4 24 | $43.0M | $-47.7M | ||
| Q3 24 | $55.5M | $-91.7M | ||
| Q2 24 | $40.0M | $-115.5M | ||
| Q1 24 | $50.1M | $132.2M |
自由现金流率BLPLCE
| Q4 25 | 14.2% | -1.0% | ||
| Q3 25 | 35.5% | -10.7% | ||
| Q2 25 | 18.2% | -19.2% | ||
| Q1 25 | 24.4% | 29.7% | ||
| Q4 24 | 25.4% | -12.2% | ||
| Q3 24 | 33.5% | -28.7% | ||
| Q2 24 | 24.9% | -43.1% | ||
| Q1 24 | 31.8% | 29.1% |
资本支出强度BLPLCE
| Q4 25 | 0.3% | 2.8% | ||
| Q3 25 | 0.3% | 0.5% | ||
| Q2 25 | 0.6% | 1.4% | ||
| Q1 25 | 3.6% | 0.0% | ||
| Q4 24 | 0.4% | 0.9% | ||
| Q3 24 | 0.2% | 2.4% | ||
| Q2 24 | 0.4% | 1.8% | ||
| Q1 24 | 0.2% | 0.7% |
现金转化率BLPLCE
| Q4 25 | 5.46× | — | ||
| Q3 25 | 12.07× | — | ||
| Q2 25 | 3.90× | — | ||
| Q1 25 | 7.72× | — | ||
| Q4 24 | 0.78× | -2.20× | ||
| Q3 24 | 3.24× | — | ||
| Q2 24 | 0.53× | — | ||
| Q1 24 | 4.66× | — |
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
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
