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芝商所（CME）与Take-Two Interactive（TTWO）财务数据对比。点击上方公司名可切换其他公司
芝商所的季度营收约是Take-Two Interactive的1.1倍（$1.9B vs $1.7B），芝商所净利率更高（0.1% vs -5.5%，领先5.5%），Take-Two Interactive同比增速更快（24.9% vs 14.5%），过去两年芝商所的营收复合增速更高（10.8% vs 10.2%）
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
Take-Two Interactive是总部位于美国纽约的电子游戏控股企业，由瑞安·布兰特于1993年9月创立，在全球互动娱乐领域拥有较高影响力，业务覆盖游戏研发、发行与运营等核心环节。
CME vs TTWO — 直观对比
营收规模更大
CME
是对方的1.1倍
$1.7B
营收增速更快
TTWO
高出10.5%
14.5%
净利率更高
CME
高出5.5%
-5.5%
两年增速更快
CME
近两年复合增速
10.2%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.7B |
| 净利润 | $1.2M | $-92.9M |
| 毛利率 | — | 55.7% |
| 营业利润率 | 0.1% | -2.3% |
| 净利率 | 0.1% | -5.5% |
| 营收同比 | 14.5% | 24.9% |
| 净利润同比 | 20.7% | 25.8% |
| 每股收益（稀释后） | — | $-0.50 |
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CMETTWO
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $1.5B | $1.4B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.5B | $1.3B |
净利润CMETTWO
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $-92.9M | ||
| Q3 25 | $908.0M | $-133.9M | ||
| Q2 25 | $1.0B | $-11.9M | ||
| Q1 25 | $956.2M | $-3.7B | ||
| Q4 24 | $874.6M | $-125.2M | ||
| Q3 24 | $912.8M | $-365.5M | ||
| Q2 24 | $883.2M | $-262.0M |
毛利率CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | — | 55.7% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 62.8% | ||
| Q1 25 | — | 50.8% | ||
| Q4 24 | — | 55.9% | ||
| Q3 24 | — | 53.8% | ||
| Q2 24 | — | 57.6% |
营业利润率CMETTWO
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | -2.3% | ||
| Q3 25 | 63.3% | -5.5% | ||
| Q2 25 | 66.7% | 1.4% | ||
| Q1 25 | 67.5% | -238.7% | ||
| Q4 24 | 62.1% | -9.7% | ||
| Q3 24 | 64.6% | -22.0% | ||
| Q2 24 | 65.3% | -13.8% |
净利率CMETTWO
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | -5.5% | ||
| Q3 25 | 59.1% | -7.5% | ||
| Q2 25 | 60.6% | -0.8% | ||
| Q1 25 | 58.2% | -235.5% | ||
| Q4 24 | 57.3% | -9.2% | ||
| Q3 24 | 57.6% | -27.0% | ||
| Q2 24 | 57.6% | -19.6% |
每股收益（稀释后）CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $-0.50 | ||
| Q3 25 | $2.49 | $-0.73 | ||
| Q2 25 | $2.81 | $-0.07 | ||
| Q1 25 | $2.62 | $-21.27 | ||
| Q4 24 | $2.40 | $-0.71 | ||
| Q3 24 | $2.50 | $-2.08 | ||
| Q2 24 | $2.42 | $-1.52 |
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 | $2.4B | $2.4B |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | — | $3.5B |
| 总资产 | $202.0B | $10.0B |
| 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CMETTWO
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | $2.4B | ||
| Q3 25 | $2.6B | $2.1B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $3.0B | $1.2B | ||
| Q3 24 | $2.4B | $879.6M | ||
| Q2 24 | $1.9B | $1.1B |
总债务CMETTWO
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | $3.5B | ||
| Q3 25 | $28.2B | $3.4B | ||
| Q2 25 | $27.7B | $3.5B | ||
| Q1 25 | $27.0B | $2.1B | ||
| Q4 24 | $26.5B | $5.7B | ||
| Q3 24 | $28.2B | $5.8B | ||
| Q2 24 | $27.6B | $6.0B |
总资产CMETTWO
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $10.0B | ||
| Q3 25 | $187.1B | $10.1B | ||
| Q2 25 | $179.9B | $9.7B | ||
| Q1 25 | $157.8B | $9.2B | ||
| Q4 24 | $137.4B | $12.7B | ||
| Q3 24 | $137.8B | $13.1B | ||
| Q2 24 | $123.4B | $12.9B |
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 | — | $305.2M |
| 自由现金流经营现金流 - 资本支出 | — | $236.2M |
| 自由现金流率自由现金流/营收 | — | 13.9% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 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 | — | $487.8M |
8季度趋势，按日历期对齐
经营现金流CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $305.2M | ||
| Q3 25 | $968.1M | $128.4M | ||
| Q2 25 | $1.1B | $-44.7M | ||
| Q1 25 | $1.1B | $279.0M | ||
| Q4 24 | $1.0B | $-4.8M | ||
| Q3 24 | $1.0B | $-128.4M | ||
| Q2 24 | $776.9M | $-191.0M |
自由现金流CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $236.2M | ||
| Q3 25 | $949.7M | $96.5M | ||
| Q2 25 | $1.0B | $-69.8M | ||
| Q1 25 | $1.1B | $224.9M | ||
| Q4 24 | $991.7M | $-48.2M | ||
| Q3 24 | $973.2M | $-165.2M | ||
| Q2 24 | $758.7M | $-226.1M |
自由现金流率CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 13.9% | ||
| Q3 25 | 61.8% | 5.4% | ||
| Q2 25 | 61.5% | -4.6% | ||
| Q1 25 | 67.1% | 14.2% | ||
| Q4 24 | 65.0% | -3.5% | ||
| Q3 24 | 61.4% | -12.2% | ||
| Q2 24 | 49.5% | -16.9% |
资本支出强度CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 4.1% | ||
| Q3 25 | 1.2% | 1.8% | ||
| Q2 25 | 1.1% | 1.7% | ||
| Q1 25 | 0.9% | 3.4% | ||
| Q4 24 | 1.7% | 3.2% | ||
| Q3 24 | 1.9% | 2.7% | ||
| Q2 24 | 1.2% | 2.6% |
现金转化率CMETTWO
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.16× | — | ||
| Q3 24 | 1.10× | — | ||
| Q2 24 | 0.88× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
