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QWEST CORP（CTBB）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
罗布乐思的季度营收约是QWEST CORP的1.3倍（$1.4B vs $1.1B），罗布乐思净利率更高（-22.3% vs -187.5%，领先165.1%），罗布乐思同比增速更快（43.2% vs -15.0%），罗布乐思自由现金流更多（$308.6M vs $160.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs -8.6%）
奎斯特公司（以CenturyLink QC名义运营）是一家隶属于 lumen Technologies 的地区性贝尔运营公司。其前身为1911年成立的山地电话电报公司，先后更名为山地贝尔、美国西部通讯，2000年改为现名，业务整合了原Malheur Bell、西北贝尔、太平洋西北贝尔的运营资源。
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。
CTBB vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.3倍
$1.1B
营收增速更快
RBLX
高出58.2%
-15.0%
净利率更高
RBLX
高出165.1%
-187.5%
自由现金流更多
RBLX
多$148.6M
$160.0M
两年增速更快
RBLX
近两年复合增速
-8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.4B |
| 净利润 | $-2.1B | $-316.0M |
| 毛利率 | 67.9% | 77.7% |
| 营业利润率 | -183.2% | -25.3% |
| 净利率 | -187.5% | -22.3% |
| 营收同比 | -15.0% | 43.2% |
| 净利润同比 | -627.9% | -43.9% |
| 每股收益（稀释后） | — | $-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CTBBRBLX
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.3B | $988.2M | ||
| Q3 24 | $1.3B | $919.0M | ||
| Q2 24 | $1.3B | $893.5M | ||
| Q1 24 | $1.3B | $801.3M |
净利润CTBBRBLX
| Q4 25 | $-2.1B | $-316.0M | ||
| Q3 25 | $176.0M | $-255.6M | ||
| Q2 25 | $277.0M | $-278.4M | ||
| Q1 25 | $284.0M | $-215.1M | ||
| Q4 24 | $391.0M | $-219.6M | ||
| Q3 24 | $365.0M | $-239.3M | ||
| Q2 24 | $378.0M | $-205.9M | ||
| Q1 24 | $353.0M | $-270.6M |
毛利率CTBBRBLX
| Q4 25 | 67.9% | 77.7% | ||
| Q3 25 | 65.3% | 78.2% | ||
| Q2 25 | 68.2% | 78.2% | ||
| Q1 25 | 69.3% | 78.3% | ||
| Q4 24 | 71.2% | 77.9% | ||
| Q3 24 | 69.9% | 77.7% | ||
| Q2 24 | 71.6% | 77.8% | ||
| Q1 24 | 71.9% | 77.7% |
营业利润率CTBBRBLX
| Q4 25 | -183.2% | -25.3% | ||
| Q3 25 | 22.3% | -21.8% | ||
| Q2 25 | 33.1% | -29.8% | ||
| Q1 25 | 33.7% | -24.6% | ||
| Q4 24 | 40.7% | -24.7% | ||
| Q3 24 | 38.5% | -30.4% | ||
| Q2 24 | 40.3% | -26.6% | ||
| Q1 24 | 37.6% | -37.7% |
净利率CTBBRBLX
| Q4 25 | -187.5% | -22.3% | ||
| Q3 25 | 16.1% | -18.8% | ||
| Q2 25 | 24.3% | -25.8% | ||
| Q1 25 | 24.7% | -20.8% | ||
| Q4 24 | 30.2% | -22.2% | ||
| Q3 24 | 28.2% | -26.0% | ||
| Q2 24 | 28.7% | -23.0% | ||
| Q1 24 | 26.8% | -33.8% |
每股收益（稀释后）CTBBRBLX
| Q4 25 | — | $-0.44 | ||
| Q3 25 | — | $-0.37 | ||
| Q2 25 | — | $-0.41 | ||
| Q1 25 | — | $-0.32 | ||
| Q4 24 | — | $-0.32 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | — | $-0.32 | ||
| 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 | $39.0M | $3.1B |
| 总债务越低越好 | $1.7B | $1.2B |
| 股东权益账面价值 | $10.9B | $394.5M |
| 总资产 | $15.8B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.15× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资CTBBRBLX
| Q4 25 | $39.0M | $3.1B | ||
| Q3 25 | $36.0M | $2.9B | ||
| Q2 25 | $25.0M | $2.6B | ||
| Q1 25 | $40.0M | $2.7B | ||
| Q4 24 | $26.0M | $2.4B | ||
| Q3 24 | $22.0M | $2.3B | ||
| Q2 24 | $18.0M | $2.4B | ||
| Q1 24 | $14.0M | $2.4B |
总债务CTBBRBLX
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
股东权益CTBBRBLX
| Q4 25 | $10.9B | $394.5M | ||
| Q3 25 | $13.0B | $407.6M | ||
| Q2 25 | $12.8B | $353.2M | ||
| Q1 25 | $12.5B | $310.7M | ||
| Q4 24 | $12.2B | $221.4M | ||
| Q3 24 | $11.9B | $189.9M | ||
| Q2 24 | $11.5B | $121.5M | ||
| Q1 24 | $11.1B | $71.6M |
总资产CTBBRBLX
| Q4 25 | $15.8B | $9.6B | ||
| Q3 25 | $17.9B | $8.6B | ||
| Q2 25 | $17.8B | $7.8B | ||
| Q1 25 | $17.6B | $7.5B | ||
| Q4 24 | $17.4B | $7.2B | ||
| Q3 24 | $17.0B | $6.7B | ||
| Q2 24 | $16.6B | $6.5B | ||
| Q1 24 | $16.4B | $6.3B |
负债/权益比CTBBRBLX
| Q4 25 | 0.15× | 2.98× | ||
| Q3 25 | 0.13× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.14× | 5.48× | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.17× | — | ||
| Q1 24 | 0.17× | — |
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 | $402.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $160.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 14.5% | 21.8% |
| 资本支出强度资本支出/营收 | 22.0% | 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 | $938.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流CTBBRBLX
| Q4 25 | $402.0M | $607.0M | ||
| Q3 25 | $427.0M | $546.2M | ||
| Q2 25 | $480.0M | $199.3M | ||
| Q1 25 | $453.0M | $443.9M | ||
| Q4 24 | $548.0M | $184.5M | ||
| Q3 24 | $627.0M | $247.4M | ||
| Q2 24 | $548.0M | $151.4M | ||
| Q1 24 | $471.0M | $238.9M |
自由现金流CTBBRBLX
| Q4 25 | $160.0M | $308.6M | ||
| Q3 25 | $252.0M | $443.6M | ||
| Q2 25 | $276.0M | $176.7M | ||
| Q1 25 | $250.0M | $426.5M | ||
| Q4 24 | $277.0M | $120.6M | ||
| Q3 24 | $396.0M | $218.0M | ||
| Q2 24 | $280.0M | $111.7M | ||
| Q1 24 | $194.0M | $192.3M |
自由现金流率CTBBRBLX
| Q4 25 | 14.5% | 21.8% | ||
| Q3 25 | 23.1% | 32.6% | ||
| Q2 25 | 24.2% | 16.3% | ||
| Q1 25 | 21.7% | 41.2% | ||
| Q4 24 | 21.4% | 12.2% | ||
| Q3 24 | 30.6% | 23.7% | ||
| Q2 24 | 21.3% | 12.5% | ||
| Q1 24 | 14.7% | 24.0% |
资本支出强度CTBBRBLX
| Q4 25 | 22.0% | 21.1% | ||
| Q3 25 | 16.0% | 7.5% | ||
| Q2 25 | 17.9% | 2.1% | ||
| Q1 25 | 17.6% | 1.7% | ||
| Q4 24 | 20.9% | 6.5% | ||
| Q3 24 | 17.9% | 3.2% | ||
| Q2 24 | 20.4% | 4.4% | ||
| Q1 24 | 21.0% | 5.8% |
现金转化率CTBBRBLX
| Q4 25 | — | — | ||
| Q3 25 | 2.43× | — | ||
| Q2 25 | 1.73× | — | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 1.72× | — | ||
| Q2 24 | 1.45× | — | ||
| Q1 24 | 1.33× | — |
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
CTBB
| Nonrelated Party | $665.0M | 60% |
| Other | $436.0M | 40% |
RBLX
暂无分部数据
