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BITMINE IMMERSION TECHNOLOGIES, INC.（BMNR）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是BITMINE IMMERSION TECHNOLOGIES, INC.的128.2倍（$1.4B vs $11.0M），罗布乐思净利率更高（-22.3% vs -34583.9%，领先34561.6%），BITMINE IMMERSION TECHNOLOGIES, INC.同比增速更快（627.6% vs 43.2%），过去两年BITMINE IMMERSION TECHNOLOGIES, INC.的营收复合增速更高（251.9% vs 32.9%）
该公司专注于研发和供应浸没式冷却解决方案，主要服务于高性能计算、加密货币矿机集群及数据中心场景。其产品可提升硬件运行效率，降低温控环节能耗，延长高功率计算设备使用寿命，帮助客户削减长期运营成本。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
BMNR vs RBLX — 直观对比
营收规模更大
RBLX
是对方的128.2倍
$11.0M
营收增速更快
BMNR
高出584.4%
43.2%
净利率更高
RBLX
高出34561.6%
-34583.9%
两年增速更快
BMNR
近两年复合增速
32.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.0M | $1.4B |
| 净利润 | $-3.8B | $-316.0M |
| 毛利率 | 87.1% | 77.7% |
| 营业利润率 | -34784.7% | -25.3% |
| 净利率 | -34583.9% | -22.3% |
| 营收同比 | 627.6% | 43.2% |
| 净利润同比 | -330212.5% | -43.9% |
| 每股收益（稀释后） | $-8.40 | $-0.44 |
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BMNRRBLX
| Q1 26 | $11.0M | — | ||
| Q4 25 | $2.3M | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $2.1M | $1.1B | ||
| Q1 25 | $1.5M | $1.0B | ||
| Q4 24 | $1.2M | $988.2M | ||
| Q3 24 | $682.4K | $919.0M | ||
| Q2 24 | $1.2M | $893.5M |
净利润BMNRRBLX
| Q1 26 | $-3.8B | — | ||
| Q4 25 | $-5.2B | $-316.0M | ||
| Q3 25 | — | $-255.6M | ||
| Q2 25 | $-622.8K | $-278.4M | ||
| Q1 25 | $-1.2M | $-215.1M | ||
| Q4 24 | $-974.0K | $-219.6M | ||
| Q3 24 | — | $-239.3M | ||
| Q2 24 | $-654.2K | $-205.9M |
毛利率BMNRRBLX
| Q1 26 | 87.1% | — | ||
| Q4 25 | 55.3% | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | 23.9% | 78.2% | ||
| Q1 25 | 20.1% | 78.3% | ||
| Q4 24 | 10.0% | 77.9% | ||
| Q3 24 | 16.4% | 77.7% | ||
| Q2 24 | 18.1% | 77.8% |
营业利润率BMNRRBLX
| Q1 26 | -34784.7% | — | ||
| Q4 25 | -238564.8% | -25.3% | ||
| Q3 25 | — | -21.8% | ||
| Q2 25 | -22.8% | -29.8% | ||
| Q1 25 | -60.2% | -24.6% | ||
| Q4 24 | -73.6% | -24.7% | ||
| Q3 24 | — | -30.4% | ||
| Q2 24 | -43.6% | -26.6% |
净利率BMNRRBLX
| Q1 26 | -34583.9% | — | ||
| Q4 25 | -226955.7% | -22.3% | ||
| Q3 25 | — | -18.8% | ||
| Q2 25 | -30.4% | -25.8% | ||
| Q1 25 | -76.2% | -20.8% | ||
| Q4 24 | -81.1% | -22.2% | ||
| Q3 24 | — | -26.0% | ||
| Q2 24 | -53.4% | -23.0% |
每股收益（稀释后）BMNRRBLX
| Q1 26 | $-8.40 | — | ||
| Q4 25 | $-15.98 | $-0.44 | ||
| Q3 25 | — | $-0.37 | ||
| Q2 25 | $-0.31 | $-0.41 | ||
| Q1 25 | $-0.58 | $-0.32 | ||
| Q4 24 | $-1.66 | $-0.32 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | $-0.26 | $-0.32 |
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 | $879.6M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $9.9B | $394.5M |
| 总资产 | $9.9B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资BMNRRBLX
| Q1 26 | $879.6M | — | ||
| Q4 25 | $887.7M | $3.1B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | $1.5M | $2.6B | ||
| Q1 25 | $483.0K | $2.7B | ||
| Q4 24 | $797.3K | $2.4B | ||
| Q3 24 | $499.0K | $2.3B | ||
| Q2 24 | — | $2.4B |
总债务BMNRRBLX
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BMNRRBLX
| Q1 26 | $9.9B | — | ||
| Q4 25 | $11.3B | $394.5M | ||
| Q3 25 | — | $407.6M | ||
| Q2 25 | $2.9M | $353.2M | ||
| Q1 25 | $2.9M | $310.7M | ||
| Q4 24 | $3.8M | $221.4M | ||
| Q3 24 | $4.1M | $189.9M | ||
| Q2 24 | $4.6M | $121.5M |
总资产BMNRRBLX
| Q1 26 | $9.9B | — | ||
| Q4 25 | $11.5B | $9.6B | ||
| Q3 25 | — | $8.6B | ||
| Q2 25 | $8.3M | $7.8B | ||
| Q1 25 | $7.5M | $7.5B | ||
| Q4 24 | $7.9M | $7.2B | ||
| Q3 24 | $7.3M | $6.7B | ||
| Q2 24 | $8.2M | $6.5B |
负债/权益比BMNRRBLX
| Q1 26 | — | — | ||
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 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 | $-88.2M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | — | $308.6M |
| 自由现金流率自由现金流/营收 | — | 21.8% |
| 资本支出强度资本支出/营收 | 0.0% | 21.1% |
| 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 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流BMNRRBLX
| Q1 26 | $-88.2M | — | ||
| Q4 25 | $-228.4M | $607.0M | ||
| Q3 25 | — | $546.2M | ||
| Q2 25 | $1.7M | $199.3M | ||
| Q1 25 | $-215.0K | $443.9M | ||
| Q4 24 | $-96.0K | $184.5M | ||
| Q3 24 | $-30.0K | $247.4M | ||
| Q2 24 | $-42.7K | $151.4M |
自由现金流BMNRRBLX
| Q1 26 | — | — | ||
| Q4 25 | $-228.7M | $308.6M | ||
| Q3 25 | — | $443.6M | ||
| Q2 25 | — | $176.7M | ||
| Q1 25 | — | $426.5M | ||
| Q4 24 | $-114.0K | $120.6M | ||
| Q3 24 | $-106.0K | $218.0M | ||
| Q2 24 | $-61.3K | $111.7M |
自由现金流率BMNRRBLX
| Q1 26 | — | — | ||
| Q4 25 | -9975.2% | 21.8% | ||
| Q3 25 | — | 32.6% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 41.2% | ||
| Q4 24 | -9.5% | 12.2% | ||
| Q3 24 | -15.5% | 23.7% | ||
| Q2 24 | -5.0% | 12.5% |
资本支出强度BMNRRBLX
| Q1 26 | 0.0% | — | ||
| Q4 25 | 16.4% | 21.1% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | 0.0% | 2.1% | ||
| Q1 25 | 0.0% | 1.7% | ||
| Q4 24 | 1.5% | 6.5% | ||
| Q3 24 | 11.1% | 3.2% | ||
| Q2 24 | 1.5% | 4.4% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
