vs
Dayforce（DAY）与游戏驿站（GME）财务数据对比。点击上方公司名可切换其他公司
游戏驿站的季度营收约是Dayforce的1.7倍（$821.0M vs $481.6M），游戏驿站净利率更高（9.4% vs -40.9%，领先50.3%），Dayforce同比增速更快（9.5% vs -4.6%），过去两年Dayforce的营收复合增速更高（9.8% vs -32.3%）
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
游戏驿站（GameStop Corp.）是美国知名电子游戏、消费电子及游戏周边零售企业，总部位于得克萨斯州格雷普韦恩，是全球规模最大的电子游戏零售商。截至2025年2月，公司在美、加、澳及欧洲地区共运营3203家门店，旗下拥有EB Games、ThinkGeek等多个零售品牌，前身为1984年于达拉斯成立的Babbage's。
DAY vs GME — 直观对比
营收规模更大
GME
是对方的1.7倍
$481.6M
营收增速更快
DAY
高出14.0%
-4.6%
净利率更高
GME
高出50.3%
-40.9%
两年增速更快
DAY
近两年复合增速
-32.3%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $821.0M |
| 净利润 | $-196.8M | $77.1M |
| 毛利率 | — | 33.3% |
| 营业利润率 | 6.3% | 5.0% |
| 净利率 | -40.9% | 9.4% |
| 营收同比 | 9.5% | -4.6% |
| 净利润同比 | -9940.0% | 343.1% |
| 每股收益（稀释后） | $-1.23 | $0.13 |
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DAYGME
| Q4 25 | — | $821.0M | ||
| Q3 25 | $481.6M | $972.2M | ||
| Q2 25 | $464.7M | $732.4M | ||
| Q1 25 | $481.8M | $1.3B | ||
| Q4 24 | $465.2M | $860.3M | ||
| Q3 24 | $440.0M | $798.3M | ||
| Q2 24 | $423.3M | $881.8M | ||
| Q1 24 | $431.5M | $1.8B |
净利润DAYGME
| Q4 25 | — | $77.1M | ||
| Q3 25 | $-196.8M | $168.6M | ||
| Q2 25 | $21.3M | $44.8M | ||
| Q1 25 | $14.9M | $131.4M | ||
| Q4 24 | $10.8M | $17.4M | ||
| Q3 24 | $2.0M | $14.8M | ||
| Q2 24 | $-1.8M | $-32.3M | ||
| Q1 24 | $7.1M | $63.1M |
毛利率DAYGME
| Q4 25 | — | 33.3% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | — | 34.5% | ||
| Q1 25 | — | 28.3% | ||
| Q4 24 | 47.0% | 29.9% | ||
| Q3 24 | 45.8% | 31.2% | ||
| Q2 24 | 44.1% | 27.7% | ||
| Q1 24 | 47.6% | 23.4% |
营业利润率DAYGME
| Q4 25 | — | 5.0% | ||
| Q3 25 | 6.3% | 6.8% | ||
| Q2 25 | 9.1% | -1.5% | ||
| Q1 25 | 6.4% | 6.2% | ||
| Q4 24 | 6.1% | -3.9% | ||
| Q3 24 | 4.7% | -2.8% | ||
| Q2 24 | 3.3% | -5.7% | ||
| Q1 24 | 9.4% | 3.1% |
净利率DAYGME
| Q4 25 | — | 9.4% | ||
| Q3 25 | -40.9% | 17.3% | ||
| Q2 25 | 4.6% | 6.1% | ||
| Q1 25 | 3.1% | 10.2% | ||
| Q4 24 | 2.3% | 2.0% | ||
| Q3 24 | 0.5% | 1.9% | ||
| Q2 24 | -0.4% | -3.7% | ||
| Q1 24 | 1.6% | 3.5% |
每股收益（稀释后）DAYGME
| Q4 25 | — | $0.13 | ||
| Q3 25 | $-1.23 | $0.31 | ||
| Q2 25 | $0.13 | $0.09 | ||
| Q1 25 | $0.09 | $0.36 | ||
| Q4 24 | $0.07 | $0.04 | ||
| Q3 24 | $0.01 | $0.04 | ||
| Q2 24 | $-0.01 | $-0.11 | ||
| Q1 24 | $0.04 | $0.21 |
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 | $627.6M | $8.8B |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $5.3B |
| 总资产 | $8.7B | $10.6B |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资DAYGME
| Q4 25 | — | $8.8B | ||
| Q3 25 | $627.6M | $8.7B | ||
| Q2 25 | $625.2M | $6.4B | ||
| Q1 25 | $557.3M | $4.8B | ||
| Q4 24 | $579.7M | $4.6B | ||
| Q3 24 | $494.1M | $4.2B | ||
| Q2 24 | $465.4M | $1.1B | ||
| Q1 24 | $392.5M | $1.2B |
总债务DAYGME
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | $16.9M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | $28.5M |
股东权益DAYGME
| Q4 25 | — | $5.3B | ||
| Q3 25 | $2.7B | $5.2B | ||
| Q2 25 | $2.7B | $5.0B | ||
| Q1 25 | $2.6B | $4.9B | ||
| Q4 24 | $2.5B | $4.8B | ||
| Q3 24 | $2.6B | $4.4B | ||
| Q2 24 | $2.5B | $1.3B | ||
| Q1 24 | $2.4B | $1.3B |
总资产DAYGME
| Q4 25 | — | $10.6B | ||
| Q3 25 | $8.7B | $10.3B | ||
| Q2 25 | $8.5B | $7.5B | ||
| Q1 25 | $9.5B | $5.9B | ||
| Q4 24 | $9.1B | $6.2B | ||
| Q3 24 | $8.1B | $5.5B | ||
| Q2 24 | $9.0B | $2.6B | ||
| Q1 24 | $10.8B | $2.7B |
负债/权益比DAYGME
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | 0.00× | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.50× | 0.02× |
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 | $31.2M | $111.3M |
| 自由现金流经营现金流 - 资本支出 | — | $107.0M |
| 自由现金流率自由现金流/营收 | — | 13.0% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | — | 1.44× |
| 过去12个月自由现金流最近4个季度 | — | $568.7M |
8季度趋势，按日历期对齐
经营现金流DAYGME
| Q4 25 | — | $111.3M | ||
| Q3 25 | $31.2M | $117.4M | ||
| Q2 25 | $112.7M | $192.5M | ||
| Q1 25 | $49.6M | $162.3M | ||
| Q4 24 | $81.0M | $24.6M | ||
| Q3 24 | $91.8M | $68.6M | ||
| Q2 24 | $99.2M | $-109.8M | ||
| Q1 24 | $9.1M | $-11.0M |
自由现金流DAYGME
| Q4 25 | — | $107.0M | ||
| Q3 25 | — | $113.3M | ||
| Q2 25 | — | $189.6M | ||
| Q1 25 | — | $158.8M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | — | $65.5M | ||
| Q2 24 | — | $-114.7M | ||
| Q1 24 | — | $-18.7M |
自由现金流率DAYGME
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 25.9% | ||
| Q1 25 | — | 12.4% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 8.2% | ||
| Q2 24 | — | -13.0% | ||
| Q1 24 | — | -1.0% |
资本支出强度DAYGME
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.4% |
现金转化率DAYGME
| Q4 25 | — | 1.44× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | 5.29× | 4.30× | ||
| Q1 25 | 3.33× | 1.24× | ||
| Q4 24 | 7.50× | 1.41× | ||
| Q3 24 | 45.90× | 4.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.28× | -0.17× |
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
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
GME
| Hardware And Accessories | $367.4M | 45% |
| Collectibles | $256.1M | 31% |
| Software | $197.5M | 24% |
