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Centuri Holdings, Inc.（CTRI）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Centuri Holdings, Inc.的1.5倍（$1.2B vs $858.6M），Centuri Holdings, Inc.净利率更高（3.5% vs -2.2%，领先5.7%），Centuri Holdings, Inc.同比增速更快（19.7% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $66.3M），过去两年Centuri Holdings, Inc.的营收复合增速更高（27.5% vs 13.6%）
Centuri Holdings前身为Allied Leisure，是美国街机游戏制造商，总部位于佛罗里达州海厄利亚。20世纪80年代初，它是美国排名前六的投币式街机视频游戏设备供应商之一。1980年，原Taito美国总裁埃德·米勒与合伙人比尔·奥利吉斯收购Allied Leisure后，将其更名为Centuri。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
CTRI vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.5倍
$858.6M
营收增速更快
CTRI
高出38.0%
-18.3%
净利率更高
CTRI
高出5.7%
-2.2%
自由现金流更多
ROKU
多$232.1M
$66.3M
两年增速更快
CTRI
近两年复合增速
13.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $858.6M | $1.2B |
| 净利润 | $30.4M | $-27.4M |
| 毛利率 | 9.4% | 35.6% |
| 营业利润率 | 4.3% | 59.7% |
| 净利率 | 3.5% | -2.2% |
| 营收同比 | 19.7% | -18.3% |
| 净利润同比 | 194.1% | -361.0% |
| 每股收益（稀释后） | $0.34 | $0.57 |
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CTRIROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $858.6M | $1.4B | ||
| Q3 25 | $850.0M | $1.2B | ||
| Q2 25 | $724.1M | $1.1B | ||
| Q1 25 | $550.1M | $1.0B | ||
| Q4 24 | $717.1M | $1.2B | ||
| Q3 24 | $720.1M | $1.1B | ||
| Q2 24 | $672.1M | $968.2M |
净利润CTRIROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $30.4M | $80.5M | ||
| Q3 25 | $2.1M | $24.8M | ||
| Q2 25 | $8.1M | $10.5M | ||
| Q1 25 | $-17.9M | $-27.4M | ||
| Q4 24 | $10.3M | $-35.5M | ||
| Q3 24 | $-3.7M | $-9.0M | ||
| Q2 24 | $11.7M | $-34.0M |
毛利率CTRIROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 9.4% | 43.5% | ||
| Q3 25 | 9.2% | 43.4% | ||
| Q2 25 | 9.4% | 44.8% | ||
| Q1 25 | 3.7% | 43.6% | ||
| Q4 24 | 9.9% | 42.7% | ||
| Q3 24 | 10.5% | 45.2% | ||
| Q2 24 | 9.0% | 43.9% |
营业利润率CTRIROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 4.3% | 4.7% | ||
| Q3 25 | 4.3% | 0.8% | ||
| Q2 25 | 4.4% | -2.1% | ||
| Q1 25 | -2.3% | -5.7% | ||
| Q4 24 | 4.7% | -3.3% | ||
| Q3 24 | 5.8% | -3.4% | ||
| Q2 24 | 4.9% | -7.4% |
净利率CTRIROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 3.5% | 5.8% | ||
| Q3 25 | 0.2% | 2.0% | ||
| Q2 25 | 1.1% | 0.9% | ||
| Q1 25 | -3.3% | -2.7% | ||
| Q4 24 | 1.4% | -3.0% | ||
| Q3 24 | -0.5% | -0.9% | ||
| Q2 24 | 1.7% | -3.5% |
每股收益（稀释后）CTRIROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $0.34 | $0.55 | ||
| Q3 25 | $0.02 | $0.16 | ||
| Q2 25 | $0.09 | $0.07 | ||
| Q1 25 | $-0.20 | $-0.19 | ||
| Q4 24 | $0.17 | $-0.24 | ||
| Q3 24 | $-0.04 | $-0.06 | ||
| Q2 24 | $0.14 | $-0.24 |
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 | $126.6M | $2.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $873.0M | $2.7B |
| 总资产 | $2.4B | $4.4B |
| 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CTRIROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $126.6M | $2.3B | ||
| Q3 25 | $16.1M | $2.3B | ||
| Q2 25 | $28.3M | $2.3B | ||
| Q1 25 | $15.3M | $2.3B | ||
| Q4 24 | $49.0M | $2.2B | ||
| Q3 24 | $52.5M | $2.1B | ||
| Q2 24 | $30.9M | $2.1B |
股东权益CTRIROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $873.0M | $2.7B | ||
| Q3 25 | $585.2M | $2.6B | ||
| Q2 25 | $567.1M | $2.6B | ||
| Q1 25 | $536.5M | $2.5B | ||
| Q4 24 | $555.6M | $2.5B | ||
| Q3 24 | $527.3M | $2.5B | ||
| Q2 24 | $530.4M | $2.4B |
总资产CTRIROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $2.4B | $4.4B | ||
| Q3 25 | $2.2B | $4.4B | ||
| Q2 25 | $2.1B | $4.3B | ||
| Q1 25 | $2.0B | $4.2B | ||
| Q4 24 | $2.1B | $4.3B | ||
| Q3 24 | $2.1B | $4.3B | ||
| Q2 24 | $2.2B | $4.1B |
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 | $83.9M | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $66.3M | $298.4M |
| 自由现金流率自由现金流/营收 | 7.7% | 23.9% |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | 2.76× | — |
| 过去12个月自由现金流最近4个季度 | $-8.2M | $640.0M |
8季度趋势，按日历期对齐
经营现金流CTRIROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $83.9M | $107.7M | ||
| Q3 25 | $5.2M | $127.6M | ||
| Q2 25 | $-27.7M | $109.7M | ||
| Q1 25 | $16.7M | $138.7M | ||
| Q4 24 | $61.0M | $79.3M | ||
| Q3 24 | $180.2M | $68.7M | ||
| Q2 24 | $-56.6M | $23.4M |
自由现金流CTRIROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $66.3M | $106.6M | ||
| Q3 25 | $-18.4M | $126.5M | ||
| Q2 25 | $-48.5M | $108.6M | ||
| Q1 25 | $-7.7M | $136.8M | ||
| Q4 24 | $27.8M | $76.8M | ||
| Q3 24 | $160.7M | $67.6M | ||
| Q2 24 | $-76.9M | $22.5M |
自由现金流率CTRIROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 7.7% | 7.6% | ||
| Q3 25 | -2.2% | 10.4% | ||
| Q2 25 | -6.7% | 9.8% | ||
| Q1 25 | -1.4% | 13.4% | ||
| Q4 24 | 3.9% | 6.4% | ||
| Q3 24 | 22.3% | 6.4% | ||
| Q2 24 | -11.4% | 2.3% |
资本支出强度CTRIROKU
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 0.1% | ||
| Q3 25 | 2.8% | 0.1% | ||
| Q2 25 | 2.9% | 0.1% | ||
| Q1 25 | 4.4% | 0.2% | ||
| Q4 24 | 4.6% | 0.2% | ||
| Q3 24 | 2.7% | 0.1% | ||
| Q2 24 | 3.0% | 0.1% |
现金转化率CTRIROKU
| Q1 26 | — | — | ||
| Q4 25 | 2.76× | 1.34× | ||
| Q3 25 | 2.48× | 5.14× | ||
| Q2 25 | -3.43× | 10.45× | ||
| Q1 25 | — | — | ||
| Q4 24 | 5.90× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.84× | — |
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
CTRI
| Master Services Agreement | $660.7M | 77% |
| Non Union Electric Segment | $163.4M | 19% |
| Related Party | $25.6M | 3% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
