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BELLRING BRANDS, INC.（BRBR）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
BELLRING BRANDS, INC.的季度营收约是世纪互联的1.5倍（$537.3M vs $362.7M），BELLRING BRANDS, INC.净利率更高（8.1% vs -10.7%，领先18.8%），BELLRING BRANDS, INC.自由现金流更多（$-7.3M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 4.2%）
Bellring Brands是一家知名营养食品企业，研发、生产及销售蛋白饮料、蛋白棒、蛋白粉等功能性营养产品，旗下拥有Premier Protein、Dymatize等知名品牌，主要面向北美市场的健康及运动爱好者，通过零售、电商等多渠道发售。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
BRBR vs VNET — 直观对比
营收规模更大
BRBR
是对方的1.5倍
$362.7M
净利率更高
BRBR
高出18.8%
-10.7%
自由现金流更多
BRBR
多$185.8M
$-193.1M
两年增速更快
VNET
近两年复合增速
4.2%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $537.3M | $362.7M |
| 净利润 | $43.7M | $-38.7M |
| 毛利率 | 29.9% | 20.9% |
| 营业利润率 | 14.6% | 0.5% |
| 净利率 | 8.1% | -10.7% |
| 营收同比 | 0.8% | — |
| 净利润同比 | -43.2% | — |
| 每股收益（稀释后） | $0.36 | — |
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BRBRVNET
| Q4 25 | $537.3M | — | ||
| Q3 25 | $648.2M | $362.7M | ||
| Q2 25 | $547.5M | — | ||
| Q1 25 | $588.0M | $309.5M | ||
| Q4 24 | $532.9M | — | ||
| Q3 24 | $555.8M | $302.2M | ||
| Q2 24 | $515.4M | $274.4M | ||
| Q1 24 | $494.6M | $262.9M |
净利润BRBRVNET
| Q4 25 | $43.7M | — | ||
| Q3 25 | $59.6M | $-38.7M | ||
| Q2 25 | $21.0M | — | ||
| Q1 25 | $58.7M | $-2.4M | ||
| Q4 24 | $76.9M | — | ||
| Q3 24 | $71.7M | $-2.1M | ||
| Q2 24 | $73.7M | $-1.1M | ||
| Q1 24 | $57.2M | $-22.0M |
毛利率BRBRVNET
| Q4 25 | 29.9% | — | ||
| Q3 25 | 28.9% | 20.9% | ||
| Q2 25 | 35.4% | — | ||
| Q1 25 | 32.3% | 25.2% | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 36.9% | 23.2% | ||
| Q2 24 | 36.8% | 21.3% | ||
| Q1 24 | 33.2% | 21.6% |
营业利润率BRBRVNET
| Q4 25 | 14.6% | — | ||
| Q3 25 | 15.8% | 0.5% | ||
| Q2 25 | 8.2% | — | ||
| Q1 25 | 16.2% | 0.1% | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 20.2% | 24.5% | ||
| Q2 24 | 21.7% | 0.2% | ||
| Q1 24 | 18.4% | 0.2% |
净利率BRBRVNET
| Q4 25 | 8.1% | — | ||
| Q3 25 | 9.2% | -10.7% | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | 10.0% | -0.8% | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 12.9% | -0.7% | ||
| Q2 24 | 14.3% | -0.4% | ||
| Q1 24 | 11.6% | -8.4% |
每股收益（稀释后）BRBRVNET
| Q4 25 | $0.36 | — | ||
| Q3 25 | $0.48 | — | ||
| Q2 25 | $0.16 | — | ||
| Q1 25 | $0.45 | — | ||
| Q4 24 | $0.59 | — | ||
| Q3 24 | $0.54 | — | ||
| Q2 24 | $0.56 | — | ||
| Q1 24 | $0.43 | — |
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 | $64.1M | $492.1M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $-510.7M | $890.8M |
| 总资产 | $1.1B | $6.1B |
| 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BRBRVNET
| Q4 25 | $64.1M | — | ||
| Q3 25 | $71.8M | $492.1M | ||
| Q2 25 | $43.7M | — | ||
| Q1 25 | $28.1M | $544.3M | ||
| Q4 24 | $49.6M | — | ||
| Q3 24 | $70.8M | $219.5M | ||
| Q2 24 | $72.6M | $247.2M | ||
| Q1 24 | $79.3M | $246.9M |
总债务BRBRVNET
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $953.7M | — | ||
| Q4 24 | $833.4M | — | ||
| Q3 24 | $833.1M | $1.2B | ||
| Q2 24 | $832.7M | — | ||
| Q1 24 | $832.4M | — |
股东权益BRBRVNET
| Q4 25 | $-510.7M | — | ||
| Q3 25 | $-453.9M | $890.8M | ||
| Q2 25 | $-309.9M | — | ||
| Q1 25 | $-254.1M | $927.8M | ||
| Q4 24 | $-146.6M | — | ||
| Q3 24 | $-205.9M | $902.9M | ||
| Q2 24 | $-243.2M | $900.6M | ||
| Q1 24 | $-247.7M | $895.1M |
总资产BRBRVNET
| Q4 25 | $1.1B | — | ||
| Q3 25 | $941.0M | $6.1B | ||
| Q2 25 | $993.7M | — | ||
| Q1 25 | $947.5M | $5.4B | ||
| Q4 24 | $885.2M | — | ||
| Q3 24 | $837.0M | $4.3B | ||
| Q2 24 | $804.1M | $4.0B | ||
| Q1 24 | $765.0M | $3.9B |
负债/权益比BRBRVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| 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 | $-3.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | $-193.1M |
| 自由现金流率自由现金流/营收 | -1.4% | -53.2% |
| 资本支出强度资本支出/营收 | 0.8% | 84.6% |
| 现金转化率经营现金流/净利润 | -0.07× | — |
| 过去12个月自由现金流最近4个季度 | $246.9M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流BRBRVNET
| Q4 25 | $-3.1M | — | ||
| Q3 25 | $169.1M | $113.8M | ||
| Q2 25 | $40.3M | — | ||
| Q1 25 | $48.2M | $27.0M | ||
| Q4 24 | $3.0M | — | ||
| Q3 24 | $40.1M | $108.3M | ||
| Q2 24 | $69.0M | $55.8M | ||
| Q1 24 | $16.3M | $37.1M |
自由现金流BRBRVNET
| Q4 25 | $-7.3M | — | ||
| Q3 25 | $168.1M | $-193.1M | ||
| Q2 25 | $38.5M | — | ||
| Q1 25 | $47.6M | $-220.0M | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $38.9M | $-95.0M | ||
| Q2 24 | $68.9M | $-81.6M | ||
| Q1 24 | $16.0M | $-102.2M |
自由现金流率BRBRVNET
| Q4 25 | -1.4% | — | ||
| Q3 25 | 25.9% | -53.2% | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | 8.1% | -71.1% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 7.0% | -31.4% | ||
| Q2 24 | 13.4% | -29.8% | ||
| Q1 24 | 3.2% | -38.9% |
资本支出强度BRBRVNET
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.2% | 84.6% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | 79.8% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | 67.3% | ||
| Q2 24 | 0.0% | 50.1% | ||
| Q1 24 | 0.1% | 53.0% |
现金转化率BRBRVNET
| Q4 25 | -0.07× | — | ||
| Q3 25 | 2.84× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.94× | — | ||
| Q1 24 | 0.28× | — |
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
BRBR
| Shakesandotherbeverages | $432.4M | 80% |
| Powders | $92.1M | 17% |
| Other Products | $12.8M | 2% |
VNET
暂无分部数据
