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Compass, Inc.（COMP）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
Compass, Inc.的季度营收约是罗布乐思的1.2倍（$1.7B vs $1.4B），Compass, Inc.净利率更高（-2.5% vs -22.3%，领先19.8%），罗布乐思同比增速更快（43.2% vs 23.1%），罗布乐思自由现金流更多（$308.6M vs $42.2M），过去两年罗布乐思的营收复合增速更高（32.9% vs 27.0%）
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
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。
COMP vs RBLX — 直观对比
营收规模更大
COMP
是对方的1.2倍
$1.4B
营收增速更快
RBLX
高出20.1%
23.1%
净利率更高
COMP
高出19.8%
-22.3%
自由现金流更多
RBLX
多$266.4M
$42.2M
两年增速更快
RBLX
近两年复合增速
27.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.4B |
| 净利润 | $-42.6M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | -2.5% | -25.3% |
| 净利率 | -2.5% | -22.3% |
| 营收同比 | 23.1% | 43.2% |
| 净利润同比 | -5.2% | -43.9% |
| 每股收益（稀释后） | $-0.07 | $-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COMPRBLX
| Q4 25 | $1.7B | $1.4B | ||
| Q3 25 | $1.8B | $1.4B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.4B | $988.2M | ||
| Q3 24 | $1.5B | $919.0M | ||
| Q2 24 | $1.7B | $893.5M | ||
| Q1 24 | $1.1B | $801.3M |
净利润COMPRBLX
| Q4 25 | $-42.6M | $-316.0M | ||
| Q3 25 | $-4.6M | $-255.6M | ||
| Q2 25 | $39.4M | $-278.4M | ||
| Q1 25 | $-50.7M | $-215.1M | ||
| Q4 24 | $-40.5M | $-219.6M | ||
| Q3 24 | $-1.7M | $-239.3M | ||
| Q2 24 | $20.7M | $-205.9M | ||
| Q1 24 | $-132.9M | $-270.6M |
毛利率COMPRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率COMPRBLX
| Q4 25 | -2.5% | -25.3% | ||
| Q3 25 | -0.4% | -21.8% | ||
| Q2 25 | 1.9% | -29.8% | ||
| Q1 25 | -4.0% | -24.6% | ||
| Q4 24 | -2.9% | -24.7% | ||
| Q3 24 | -0.2% | -30.4% | ||
| Q2 24 | 1.3% | -26.6% | ||
| Q1 24 | -12.5% | -37.7% |
净利率COMPRBLX
| Q4 25 | -2.5% | -22.3% | ||
| Q3 25 | -0.2% | -18.8% | ||
| Q2 25 | 1.9% | -25.8% | ||
| Q1 25 | -3.7% | -20.8% | ||
| Q4 24 | -2.9% | -22.2% | ||
| Q3 24 | -0.1% | -26.0% | ||
| Q2 24 | 1.2% | -23.0% | ||
| Q1 24 | -12.6% | -33.8% |
每股收益（稀释后）COMPRBLX
| Q4 25 | $-0.07 | $-0.44 | ||
| Q3 25 | $-0.01 | $-0.37 | ||
| Q2 25 | $0.07 | $-0.41 | ||
| Q1 25 | $-0.09 | $-0.32 | ||
| Q4 24 | $-0.08 | $-0.32 | ||
| Q3 24 | $0.00 | $-0.37 | ||
| Q2 24 | $0.04 | $-0.32 | ||
| Q1 24 | $-0.27 | $-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 | $199.0M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $782.0M | $394.5M |
| 总资产 | $1.5B | $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COMPRBLX
| Q4 25 | $199.0M | $3.1B | ||
| Q3 25 | $170.3M | $2.9B | ||
| Q2 25 | $177.3M | $2.6B | ||
| Q1 25 | $127.0M | $2.7B | ||
| Q4 24 | $223.8M | $2.4B | ||
| Q3 24 | $211.2M | $2.3B | ||
| Q2 24 | $185.8M | $2.4B | ||
| Q1 24 | $165.9M | $2.4B |
总债务COMPRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益COMPRBLX
| Q4 25 | $782.0M | $394.5M | ||
| Q3 25 | $773.3M | $407.6M | ||
| Q2 25 | $719.9M | $353.2M | ||
| Q1 25 | $635.0M | $310.7M | ||
| Q4 24 | $409.4M | $221.4M | ||
| Q3 24 | $428.0M | $189.9M | ||
| Q2 24 | $398.4M | $121.5M | ||
| Q1 24 | $330.3M | $71.6M |
总资产COMPRBLX
| Q4 25 | $1.5B | $9.6B | ||
| Q3 25 | $1.6B | $8.6B | ||
| Q2 25 | $1.6B | $7.8B | ||
| Q1 25 | $1.5B | $7.5B | ||
| Q4 24 | $1.2B | $7.2B | ||
| Q3 24 | $1.2B | $6.7B | ||
| Q2 24 | $1.2B | $6.5B | ||
| Q1 24 | $1.1B | $6.3B |
负债/权益比COMPRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| 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 | $45.3M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $308.6M |
| 自由现金流率自由现金流/营收 | 2.5% | 21.8% |
| 资本支出强度资本支出/营收 | 0.2% | 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 | $203.3M | $1.4B |
8季度趋势，按日历期对齐
经营现金流COMPRBLX
| Q4 25 | $45.3M | $607.0M | ||
| Q3 25 | $75.5M | $546.2M | ||
| Q2 25 | $72.8M | $199.3M | ||
| Q1 25 | $23.1M | $443.9M | ||
| Q4 24 | $30.5M | $184.5M | ||
| Q3 24 | $37.4M | $247.4M | ||
| Q2 24 | $45.0M | $151.4M | ||
| Q1 24 | $8.6M | $238.9M |
自由现金流COMPRBLX
| Q4 25 | $42.2M | $308.6M | ||
| Q3 25 | $73.6M | $443.6M | ||
| Q2 25 | $68.0M | $176.7M | ||
| Q1 25 | $19.5M | $426.5M | ||
| Q4 24 | $26.7M | $120.6M | ||
| Q3 24 | $32.8M | $218.0M | ||
| Q2 24 | $40.4M | $111.7M | ||
| Q1 24 | $5.9M | $192.3M |
自由现金流率COMPRBLX
| Q4 25 | 2.5% | 21.8% | ||
| Q3 25 | 4.0% | 32.6% | ||
| Q2 25 | 3.3% | 16.3% | ||
| Q1 25 | 1.4% | 41.2% | ||
| Q4 24 | 1.9% | 12.2% | ||
| Q3 24 | 2.2% | 23.7% | ||
| Q2 24 | 2.4% | 12.5% | ||
| Q1 24 | 0.6% | 24.0% |
资本支出强度COMPRBLX
| Q4 25 | 0.2% | 21.1% | ||
| Q3 25 | 0.1% | 7.5% | ||
| Q2 25 | 0.2% | 2.1% | ||
| Q1 25 | 0.3% | 1.7% | ||
| Q4 24 | 0.3% | 6.5% | ||
| Q3 24 | 0.3% | 3.2% | ||
| Q2 24 | 0.3% | 4.4% | ||
| Q1 24 | 0.3% | 5.8% |
现金转化率COMPRBLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.17× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
