vs
Designer Brands Inc.（DBI）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Designer Brands Inc.的季度营收约是Reddit, Inc.的1.0倍（$752.4M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 2.4%，领先32.3%），Reddit, Inc.同比增速更快（69.7% vs -3.2%），Reddit, Inc.自由现金流更多（$263.6M vs $57.5M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -0.1%）
Designer Brands Inc.是一家美国鞋履及时尚配饰零售商，主打销售设计师品牌与知名品牌商品，旗下拥有知名连锁零售品牌DSW（设计师鞋履仓库），目前在美国经营超过500家线下门店，同时运营线上电商平台。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
DBI vs RDDT — 直观对比
营收规模更大
DBI
是对方的1.0倍
$725.6M
营收增速更快
RDDT
高出72.8%
-3.2%
净利率更高
RDDT
高出32.3%
2.4%
自由现金流更多
RDDT
多$206.1M
$57.5M
两年增速更快
RDDT
近两年复合增速
-0.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $752.4M | $725.6M |
| 净利润 | $18.2M | $251.6M |
| 毛利率 | 45.1% | 91.9% |
| 营业利润率 | 5.7% | 31.9% |
| 净利率 | 2.4% | 34.7% |
| 营收同比 | -3.2% | 69.7% |
| 净利润同比 | 40.0% | 254.2% |
| 每股收益（稀释后） | $0.35 | $1.24 |
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DBIRDDT
| Q4 25 | $752.4M | $725.6M | ||
| Q3 25 | $739.8M | $584.9M | ||
| Q2 25 | $686.9M | $499.6M | ||
| Q1 25 | $713.6M | $392.4M | ||
| Q4 24 | $777.2M | $427.7M | ||
| Q3 24 | $771.9M | $348.4M | ||
| Q2 24 | $746.6M | $281.2M | ||
| Q1 24 | $754.3M | $243.0M |
净利润DBIRDDT
| Q4 25 | $18.2M | $251.6M | ||
| Q3 25 | $10.8M | $162.7M | ||
| Q2 25 | $-17.4M | $89.3M | ||
| Q1 25 | $-38.2M | $26.2M | ||
| Q4 24 | $13.0M | $71.0M | ||
| Q3 24 | $13.8M | $29.9M | ||
| Q2 24 | $783.0K | $-10.1M | ||
| Q1 24 | $-29.6M | $-575.1M |
毛利率DBIRDDT
| Q4 25 | 45.1% | 91.9% | ||
| Q3 25 | 43.7% | 91.0% | ||
| Q2 25 | 43.0% | 90.8% | ||
| Q1 25 | 75.7% | 90.5% | ||
| Q4 24 | 43.0% | 92.6% | ||
| Q3 24 | 44.0% | 90.1% | ||
| Q2 24 | 44.2% | 89.5% | ||
| Q1 24 | 38.8% | 88.6% |
营业利润率DBIRDDT
| Q4 25 | 5.7% | 31.9% | ||
| Q3 25 | 3.6% | 23.7% | ||
| Q2 25 | -1.1% | 13.6% | ||
| Q1 25 | -3.6% | 1.0% | ||
| Q4 24 | 2.9% | 12.4% | ||
| Q3 24 | 3.7% | 2.0% | ||
| Q2 24 | 1.3% | -11.0% | ||
| Q1 24 | -4.8% | -242.5% |
净利率DBIRDDT
| Q4 25 | 2.4% | 34.7% | ||
| Q3 25 | 1.5% | 27.8% | ||
| Q2 25 | -2.5% | 17.9% | ||
| Q1 25 | -5.3% | 6.7% | ||
| Q4 24 | 1.7% | 16.6% | ||
| Q3 24 | 1.8% | 8.6% | ||
| Q2 24 | 0.1% | -3.6% | ||
| Q1 24 | -3.9% | -236.7% |
每股收益（稀释后）DBIRDDT
| Q4 25 | $0.35 | $1.24 | ||
| Q3 25 | $0.22 | $0.80 | ||
| Q2 25 | $-0.36 | $0.45 | ||
| Q1 25 | $-0.69 | $0.13 | ||
| Q4 24 | $0.24 | $4.76 | ||
| Q3 24 | $0.24 | $0.16 | ||
| Q2 24 | $0.01 | $-0.06 | ||
| Q1 24 | $-899.54 | $-8.19 |
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 | $51.4M | $953.6M |
| 总债务越低越好 | $463.1M | — |
| 股东权益账面价值 | $298.6M | $2.9B |
| 总资产 | $2.1B | $3.2B |
| 负债/权益比越低杠杆越低 | 1.55× | — |
8季度趋势，按日历期对齐
现金及短期投资DBIRDDT
| Q4 25 | $51.4M | $953.6M | ||
| Q3 25 | $44.9M | $911.7M | ||
| Q2 25 | $46.0M | $734.1M | ||
| Q1 25 | $44.8M | $635.7M | ||
| Q4 24 | $36.2M | $562.1M | ||
| Q3 24 | $38.8M | $515.9M | ||
| Q2 24 | $43.4M | $468.0M | ||
| Q1 24 | $49.2M | $968.5M |
总债务DBIRDDT
| Q4 25 | $463.1M | — | ||
| Q3 25 | $509.6M | — | ||
| Q2 25 | $516.2M | — | ||
| Q1 25 | $484.3M | — | ||
| Q4 24 | $529.6M | — | ||
| Q3 24 | $459.0M | — | ||
| Q2 24 | $469.3M | — | ||
| Q1 24 | $420.3M | — |
股东权益DBIRDDT
| Q4 25 | $298.6M | $2.9B | ||
| Q3 25 | $280.8M | $2.6B | ||
| Q2 25 | $266.9M | $2.4B | ||
| Q1 25 | $278.5M | $2.2B | ||
| Q4 24 | $318.5M | $2.1B | ||
| Q3 24 | $355.5M | $2.0B | ||
| Q2 24 | $358.5M | $1.9B | ||
| Q1 24 | $359.2M | $1.8B |
总资产DBIRDDT
| Q4 25 | $2.1B | $3.2B | ||
| Q3 25 | $2.1B | $2.9B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.0B | $2.4B | ||
| Q4 24 | $2.1B | $2.3B | ||
| Q3 24 | $2.1B | $2.2B | ||
| Q2 24 | $2.2B | $2.1B | ||
| Q1 24 | $2.1B | $2.0B |
负债/权益比DBIRDDT
| Q4 25 | 1.55× | — | ||
| Q3 25 | 1.81× | — | ||
| Q2 25 | 1.93× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 1.66× | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 1.31× | — | ||
| Q1 24 | 1.17× | — |
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 | $66.5M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $57.5M | $263.6M |
| 自由现金流率自由现金流/营收 | 7.6% | 36.3% |
| 资本支出强度资本支出/营收 | 1.2% | 0.4% |
| 现金转化率经营现金流/净利润 | 3.65× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $99.9M | $684.2M |
8季度趋势，按日历期对齐
经营现金流DBIRDDT
| Q4 25 | $66.5M | $266.8M | ||
| Q3 25 | $21.4M | $185.2M | ||
| Q2 25 | $-20.4M | $111.3M | ||
| Q1 25 | $70.1M | $127.6M | ||
| Q4 24 | $-9.8M | $90.0M | ||
| Q3 24 | $41.6M | $71.6M | ||
| Q2 24 | $-19.7M | $28.4M | ||
| Q1 24 | $-40.1M | $32.1M |
自由现金流DBIRDDT
| Q4 25 | $57.5M | $263.6M | ||
| Q3 25 | $11.9M | $183.1M | ||
| Q2 25 | $-27.6M | $110.8M | ||
| Q1 25 | $58.1M | $126.6M | ||
| Q4 24 | $-19.2M | $89.2M | ||
| Q3 24 | $28.0M | $70.3M | ||
| Q2 24 | $-35.6M | $27.2M | ||
| Q1 24 | $-52.8M | $29.2M |
自由现金流率DBIRDDT
| Q4 25 | 7.6% | 36.3% | ||
| Q3 25 | 1.6% | 31.3% | ||
| Q2 25 | -4.0% | 22.2% | ||
| Q1 25 | 8.1% | 32.3% | ||
| Q4 24 | -2.5% | 20.8% | ||
| Q3 24 | 3.6% | 20.2% | ||
| Q2 24 | -4.8% | 9.7% | ||
| Q1 24 | -7.0% | 12.0% |
资本支出强度DBIRDDT
| Q4 25 | 1.2% | 0.4% | ||
| Q3 25 | 1.3% | 0.4% | ||
| Q2 25 | 1.1% | 0.1% | ||
| Q1 25 | 1.7% | 0.2% | ||
| Q4 24 | 1.2% | 0.2% | ||
| Q3 24 | 1.8% | 0.4% | ||
| Q2 24 | 2.1% | 0.4% | ||
| Q1 24 | 1.7% | 1.2% |
现金转化率DBIRDDT
| Q4 25 | 3.65× | 1.06× | ||
| Q3 25 | 1.98× | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | -0.75× | 1.27× | ||
| Q3 24 | 3.01× | 2.40× | ||
| Q2 24 | -25.13× | — | ||
| Q1 24 | — | — |
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
DBI
| Womens | $280.7M | 37% |
| Athletic Footwear | $188.6M | 25% |
| Wholesale | $89.8M | 12% |
| Canada Retail Segment | $77.3M | 10% |
| Mens | $76.1M | 10% |
| Kids | $24.2M | 3% |
| Commission Income | $10.8M | 1% |
| Directto Consumer | $1.3M | 0% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
