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科睿唯安（CLVT）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是科睿唯安的1.1倍（$650.1M vs $585.5M），科睿唯安净利率更高（-6.9% vs -14.2%，领先7.3%），科睿唯安自由现金流更多（$78.9M vs $-109.3M）
科睿唯安是一家英美合资的上市分析服务企业，主要提供订阅制信息服务，覆盖文献计量、科学计量、商业与市场情报领域，同时为医药、生物科技行业提供专利、监管合规相关的竞争分析，也提供商标保护、域名与品牌保护服务，旗下Web of Science产品系列还负责计算学术期刊的影响因子。
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。
CLVT vs FUN — 直观对比
营收规模更大
FUN
是对方的1.1倍
$585.5M
净利率更高
CLVT
高出7.3%
-14.2%
自由现金流更多
CLVT
多$188.2M
$-109.3M
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $585.5M | $650.1M |
| 净利润 | $-40.2M | $-92.4M |
| 毛利率 | 67.2% | 91.4% |
| 营业利润率 | 5.2% | -3.8% |
| 净利率 | -6.9% | -14.2% |
| 营收同比 | -1.4% | — |
| 净利润同比 | 61.3% | — |
| 每股收益（稀释后） | $-0.06 | $-0.93 |
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CLVTFUN
| Q1 26 | $585.5M | — | ||
| Q4 25 | $617.0M | $650.1M | ||
| Q3 25 | $623.1M | $1.3B | ||
| Q2 25 | $621.4M | $930.4M | ||
| Q1 25 | $593.7M | $202.1M | ||
| Q4 24 | $663.0M | — | ||
| Q3 24 | $622.2M | $1.3B | ||
| Q2 24 | $650.3M | $571.6M |
净利润CLVTFUN
| Q1 26 | $-40.2M | — | ||
| Q4 25 | $3.1M | $-92.4M | ||
| Q3 25 | $-28.3M | $-1.2B | ||
| Q2 25 | $-72.0M | $-99.6M | ||
| Q1 25 | $-103.9M | $-219.7M | ||
| Q4 24 | $-191.8M | — | ||
| Q3 24 | $-65.6M | $111.0M | ||
| Q2 24 | $-304.3M | $55.6M |
毛利率CLVTFUN
| Q1 26 | 67.2% | — | ||
| Q4 25 | 66.8% | 91.4% | ||
| Q3 25 | 65.0% | 91.6% | ||
| Q2 25 | 67.2% | 91.3% | ||
| Q1 25 | 65.1% | 89.3% | ||
| Q4 24 | 65.7% | — | ||
| Q3 24 | 66.2% | 91.9% | ||
| Q2 24 | 67.2% | 90.7% |
营业利润率CLVTFUN
| Q1 26 | 5.2% | — | ||
| Q4 25 | 6.7% | -3.8% | ||
| Q3 25 | 7.1% | -83.7% | ||
| Q2 25 | 1.1% | 8.0% | ||
| Q1 25 | -3.5% | -158.9% | ||
| Q4 24 | -9.4% | — | ||
| Q3 24 | 3.5% | 19.5% | ||
| Q2 24 | -36.9% | 21.6% |
净利率CLVTFUN
| Q1 26 | -6.9% | — | ||
| Q4 25 | 0.5% | -14.2% | ||
| Q3 25 | -4.5% | -90.1% | ||
| Q2 25 | -11.6% | -10.7% | ||
| Q1 25 | -17.5% | -108.7% | ||
| Q4 24 | -28.9% | — | ||
| Q3 24 | -10.5% | 8.2% | ||
| Q2 24 | -46.8% | 9.7% |
每股收益（稀释后）CLVTFUN
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $0.00 | $-0.93 | ||
| Q3 25 | $-0.04 | $-11.77 | ||
| Q2 25 | $-0.11 | $-0.99 | ||
| Q1 25 | $-0.15 | $-2.20 | ||
| Q4 24 | $-0.27 | — | ||
| Q3 24 | $-0.09 | $1.10 | ||
| Q2 24 | $-0.46 | — |
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 | — | $91.1M |
| 总债务越低越好 | $4.3B | $5.2B |
| 股东权益账面价值 | $4.8B | $549.8M |
| 总资产 | $10.9B | $7.8B |
| 负债/权益比越低杠杆越低 | 0.89× | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资CLVTFUN
| Q1 26 | — | — | ||
| Q4 25 | $329.2M | $91.1M | ||
| Q3 25 | $318.7M | $70.7M | ||
| Q2 25 | $362.6M | $107.4M | ||
| Q1 25 | $354.0M | $61.5M | ||
| Q4 24 | $295.2M | — | ||
| Q3 24 | $388.5M | $89.7M | ||
| Q2 24 | $376.4M | $52.9M |
总债务CLVTFUN
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $5.2B | ||
| Q3 25 | $4.4B | $5.0B | ||
| Q2 25 | $4.5B | $5.3B | ||
| Q1 25 | $4.5B | $5.0B | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.6B | $4.6B | ||
| Q2 24 | $4.6B | $2.3B |
股东权益CLVTFUN
| Q1 26 | $4.8B | — | ||
| Q4 25 | $4.8B | $549.8M | ||
| Q3 25 | $4.9B | $614.3M | ||
| Q2 25 | $5.0B | $1.8B | ||
| Q1 25 | $5.0B | $1.8B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.5B | $2.3B | ||
| Q2 24 | $5.6B | — |
总资产CLVTFUN
| Q1 26 | $10.9B | — | ||
| Q4 25 | $11.1B | $7.8B | ||
| Q3 25 | $11.2B | $7.9B | ||
| Q2 25 | $11.4B | $9.5B | ||
| Q1 25 | $11.5B | $9.2B | ||
| Q4 24 | $11.5B | — | ||
| Q3 24 | $12.0B | $9.4B | ||
| Q2 24 | $12.1B | $2.3B |
负债/权益比CLVTFUN
| Q1 26 | 0.89× | — | ||
| Q4 25 | 0.89× | 9.40× | ||
| Q3 25 | 0.90× | 8.16× | ||
| Q2 25 | 0.90× | 2.97× | ||
| Q1 25 | 0.90× | 2.75× | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 0.84× | 1.95× | ||
| Q2 24 | 0.83× | — |
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 | $134.7M | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | $78.9M | $-109.3M |
| 自由现金流率自由现金流/营收 | 13.5% | -16.8% |
| 资本支出强度资本支出/营收 | 9.5% | 11.0% |
| 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 | $333.9M | $-152.2M |
8季度趋势，按日历期对齐
经营现金流CLVTFUN
| Q1 26 | $134.7M | — | ||
| Q4 25 | $159.9M | $-37.7M | ||
| Q3 25 | $181.1M | $356.2M | ||
| Q2 25 | $116.3M | $187.0M | ||
| Q1 25 | $171.2M | $-178.0M | ||
| Q4 24 | $141.3M | — | ||
| Q3 24 | $202.9M | $337.4M | ||
| Q2 24 | $126.2M | — |
自由现金流CLVTFUN
| Q1 26 | $78.9M | — | ||
| Q4 25 | $89.2M | $-109.3M | ||
| Q3 25 | $115.5M | $256.2M | ||
| Q2 25 | $50.3M | $18.8M | ||
| Q1 25 | $110.3M | $-318.0M | ||
| Q4 24 | $59.1M | — | ||
| Q3 24 | $126.3M | $227.7M | ||
| Q2 24 | $60.3M | — |
自由现金流率CLVTFUN
| Q1 26 | 13.5% | — | ||
| Q4 25 | 14.5% | -16.8% | ||
| Q3 25 | 18.5% | 19.4% | ||
| Q2 25 | 8.1% | 2.0% | ||
| Q1 25 | 18.6% | -157.4% | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 20.3% | 16.9% | ||
| Q2 24 | 9.3% | — |
资本支出强度CLVTFUN
| Q1 26 | 9.5% | — | ||
| Q4 25 | 11.5% | 11.0% | ||
| Q3 25 | 10.5% | 7.6% | ||
| Q2 25 | 10.6% | 18.1% | ||
| Q1 25 | 10.3% | 69.3% | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | 12.3% | 8.1% | ||
| Q2 24 | 10.1% | — |
现金转化率CLVTFUN
| Q1 26 | — | — | ||
| Q4 25 | 51.58× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.04× | ||
| Q2 24 | — | — |
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
CLVT
| Subscription | $397.5M | 68% |
| Re-occurring | $108.6M | 19% |
| Transactional | $79.4M | 14% |
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
