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BOX INC（BOX）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
BOX INC的季度营收约是六旗的1.3倍（$301.1M vs $225.6M），BOX INC净利率更高（4.0% vs -119.0%，领先123.1%），六旗同比增速更快（11.7% vs 9.1%）
Box Inc.是总部位于美国加利福尼亚州红木城的上市企业，由亚伦·莱维和迪伦·史密斯于2005年创立，最初面向个人消费者服务，2009至2010年前后转向企业级市场，2015年正式上市。公司专注于开发、运营云端内容管理、协同办公及文件共享工具，帮助企业用户便捷存储、管理各类文件，提升团队协作效率。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
BOX vs FUN — 直观对比
营收规模更大
BOX
是对方的1.3倍
$225.6M
营收增速更快
FUN
高出2.5%
9.1%
净利率更高
BOX
高出123.1%
-119.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $301.1M | $225.6M |
| 净利润 | $12.1M | $-268.6M |
| 毛利率 | 79.6% | — |
| 营业利润率 | 8.3% | — |
| 净利率 | 4.0% | -119.0% |
| 营收同比 | 9.1% | 11.7% |
| 净利润同比 | -6.4% | -22.2% |
| 每股收益（稀释后） | $0.05 | — |
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BOXFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $301.1M | $650.1M | ||
| Q3 25 | $294.0M | $1.3B | ||
| Q2 25 | $276.3M | $930.4M | ||
| Q1 25 | $279.5M | $202.1M | ||
| Q4 24 | $275.9M | — | ||
| Q3 24 | $270.0M | $1.3B | ||
| Q2 24 | $264.7M | $571.6M |
净利润BOXFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | $12.1M | $-92.4M | ||
| Q3 25 | $13.4M | $-1.2B | ||
| Q2 25 | $8.2M | $-99.6M | ||
| Q1 25 | $194.0M | $-219.7M | ||
| Q4 24 | $12.9M | — | ||
| Q3 24 | $20.5M | $111.0M | ||
| Q2 24 | $17.2M | $55.6M |
毛利率BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | 79.6% | 91.4% | ||
| Q3 25 | 79.1% | 91.6% | ||
| Q2 25 | 78.0% | 91.3% | ||
| Q1 25 | 79.0% | 89.3% | ||
| Q4 24 | 79.9% | — | ||
| Q3 24 | 79.4% | 91.9% | ||
| Q2 24 | 78.0% | 90.7% |
营业利润率BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | 8.3% | -3.8% | ||
| Q3 25 | 7.0% | -83.7% | ||
| Q2 25 | 2.3% | 8.0% | ||
| Q1 25 | 6.4% | -158.9% | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 7.5% | 19.5% | ||
| Q2 24 | 6.8% | 21.6% |
净利率BOXFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | 4.0% | -14.2% | ||
| Q3 25 | 4.6% | -90.1% | ||
| Q2 25 | 3.0% | -10.7% | ||
| Q1 25 | 69.4% | -108.7% | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 7.6% | 8.2% | ||
| Q2 24 | 6.5% | 9.7% |
每股收益（稀释后）BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | $0.05 | $-0.93 | ||
| Q3 25 | $0.05 | $-11.77 | ||
| Q2 25 | $0.02 | $-0.99 | ||
| Q1 25 | $1.13 | $-2.20 | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $0.10 | $1.10 | ||
| Q2 24 | $0.08 | — |
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 | $729.6M | $116.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-286.6M | $279.2M |
| 总资产 | $1.6B | $7.7B |
| 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BOXFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | $729.6M | $91.1M | ||
| Q3 25 | $757.9M | $70.7M | ||
| Q2 25 | $790.4M | $107.4M | ||
| Q1 25 | $722.8M | $61.5M | ||
| Q4 24 | $697.9M | — | ||
| Q3 24 | $482.2M | $89.7M | ||
| Q2 24 | $566.1M | $52.9M |
总债务BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益BOXFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $-286.6M | $549.8M | ||
| Q3 25 | $-269.4M | $614.3M | ||
| Q2 25 | $-280.1M | $1.8B | ||
| Q1 25 | $-297.0M | $1.8B | ||
| Q4 24 | $-479.9M | — | ||
| Q3 24 | $-439.4M | $2.3B | ||
| Q2 24 | $-397.9M | — |
总资产BOXFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $1.6B | $7.8B | ||
| Q3 25 | $1.6B | $7.9B | ||
| Q2 25 | $1.6B | $9.5B | ||
| Q1 25 | $1.7B | $9.2B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.1B | $9.4B | ||
| Q2 24 | $1.2B | $2.3B |
负债/权益比BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| 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 | $73.0M | — |
| 自由现金流经营现金流 - 资本支出 | $71.3M | — |
| 自由现金流率自由现金流/营收 | 23.7% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 6.05× | — |
| 过去12个月自由现金流最近4个季度 | $343.5M | — |
8季度趋势，按日历期对齐
经营现金流BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | $73.0M | $-37.7M | ||
| Q3 25 | $46.0M | $356.2M | ||
| Q2 25 | $127.1M | $187.0M | ||
| Q1 25 | $102.2M | $-178.0M | ||
| Q4 24 | $62.6M | — | ||
| Q3 24 | $36.3M | $337.4M | ||
| Q2 24 | $131.2M | — |
自由现金流BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | $71.3M | $-109.3M | ||
| Q3 25 | $43.9M | $256.2M | ||
| Q2 25 | $126.7M | $18.8M | ||
| Q1 25 | $101.5M | $-318.0M | ||
| Q4 24 | $62.3M | — | ||
| Q3 24 | $35.9M | $227.7M | ||
| Q2 24 | $129.9M | — |
自由现金流率BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | -16.8% | ||
| Q3 25 | 14.9% | 19.4% | ||
| Q2 25 | 45.9% | 2.0% | ||
| Q1 25 | 36.3% | -157.4% | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 13.3% | 16.9% | ||
| Q2 24 | 49.1% | — |
资本支出强度BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 11.0% | ||
| Q3 25 | 0.7% | 7.6% | ||
| Q2 25 | 0.1% | 18.1% | ||
| Q1 25 | 0.2% | 69.3% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | 8.1% | ||
| Q2 24 | 0.5% | — |
现金转化率BOXFUN
| Q1 26 | — | — | ||
| Q4 25 | 6.05× | — | ||
| Q3 25 | 3.42× | — | ||
| Q2 25 | 15.51× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 4.85× | — | ||
| Q3 24 | 1.77× | 3.04× | ||
| Q2 24 | 7.62× | — |
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
BOX
暂无分部数据
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
