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DraftKings Inc.（DKNG）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
DraftKings Inc.的季度营收约是RXO, Inc.的1.4倍（$2.0B vs $1.5B），DraftKings Inc.净利率更高（6.9% vs -3.1%，领先10.0%），DraftKings Inc.同比增速更快（42.8% vs -11.9%），DraftKings Inc.自由现金流更多（$316.5M vs $-9.0M），过去两年DraftKings Inc.的营收复合增速更高（30.1% vs 26.8%）
DraftKings Inc.是总部位于美国马萨诸塞州波士顿的博彩企业，主要提供体育博彩、每日范特西体育相关服务，是全球线上博彩娱乐赛道的知名企业，业务覆盖多个国家和地区的合规消费市场。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
DKNG vs RXO — 直观对比
营收规模更大
DKNG
是对方的1.4倍
$1.5B
营收增速更快
DKNG
高出54.7%
-11.9%
净利率更高
DKNG
高出10.0%
-3.1%
自由现金流更多
DKNG
多$325.5M
$-9.0M
两年增速更快
DKNG
近两年复合增速
26.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.5B |
| 净利润 | $136.4M | $-46.0M |
| 毛利率 | 46.0% | — |
| 营业利润率 | 7.6% | -2.9% |
| 净利率 | 6.9% | -3.1% |
| 营收同比 | 42.8% | -11.9% |
| 净利润同比 | 201.2% | -84.0% |
| 每股收益（稀释后） | $0.28 | $-0.28 |
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DKNGRXO
| Q4 25 | $2.0B | $1.5B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $930.0M | ||
| Q1 24 | $1.2B | $913.0M |
净利润DKNGRXO
| Q4 25 | $136.4M | $-46.0M | ||
| Q3 25 | $-256.8M | $-14.0M | ||
| Q2 25 | $157.9M | $-9.0M | ||
| Q1 25 | $-33.9M | $-31.0M | ||
| Q4 24 | $-134.9M | $-25.0M | ||
| Q3 24 | $-293.7M | $-243.0M | ||
| Q2 24 | $63.8M | $-7.0M | ||
| Q1 24 | $-142.6M | $-15.0M |
毛利率DKNGRXO
| Q4 25 | 46.0% | — | ||
| Q3 25 | 31.5% | — | ||
| Q2 25 | 43.5% | — | ||
| Q1 25 | 40.1% | — | ||
| Q4 24 | 40.1% | — | ||
| Q3 24 | 32.2% | — | ||
| Q2 24 | 39.9% | — | ||
| Q1 24 | 39.6% | — |
营业利润率DKNGRXO
| Q4 25 | 7.6% | -2.9% | ||
| Q3 25 | -23.8% | -0.5% | ||
| Q2 25 | 10.0% | — | ||
| Q1 25 | -3.3% | -2.1% | ||
| Q4 24 | -10.0% | -1.4% | ||
| Q3 24 | -27.3% | -1.9% | ||
| Q2 24 | -2.9% | — | ||
| Q1 24 | -11.8% | -1.3% |
净利率DKNGRXO
| Q4 25 | 6.9% | -3.1% | ||
| Q3 25 | -22.4% | -1.0% | ||
| Q2 25 | 10.4% | -0.6% | ||
| Q1 25 | -2.4% | -2.2% | ||
| Q4 24 | -9.7% | -1.5% | ||
| Q3 24 | -26.8% | -23.4% | ||
| Q2 24 | 5.8% | -0.8% | ||
| Q1 24 | -12.1% | -1.6% |
每股收益（稀释后）DKNGRXO
| Q4 25 | $0.28 | $-0.28 | ||
| Q3 25 | $-0.52 | $-0.08 | ||
| Q2 25 | $0.30 | $-0.05 | ||
| Q1 25 | $-0.07 | $-0.18 | ||
| Q4 24 | $-0.25 | $-0.17 | ||
| Q3 24 | $-0.60 | $-1.81 | ||
| Q2 24 | $0.10 | $-0.06 | ||
| Q1 24 | $-0.30 | $-0.13 |
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 | $1.1B | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $631.5M | $1.5B |
| 总资产 | $4.5B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资DKNGRXO
| Q4 25 | $1.1B | $17.0M | ||
| Q3 25 | $1.2B | $25.0M | ||
| Q2 25 | $1.3B | $18.0M | ||
| Q1 25 | $1.1B | $16.0M | ||
| Q4 24 | $788.3M | $35.0M | ||
| Q3 24 | $877.8M | $55.0M | ||
| Q2 24 | $815.9M | $7.0M | ||
| Q1 24 | $1.2B | $7.0M |
总债务DKNGRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益DKNGRXO
| Q4 25 | $631.5M | $1.5B | ||
| Q3 25 | $732.3M | $1.6B | ||
| Q2 25 | $1.0B | $1.6B | ||
| Q1 25 | $872.9M | $1.6B | ||
| Q4 24 | $1.0B | $1.6B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.3B | $579.0M | ||
| Q1 24 | $831.0M | $582.0M |
总资产DKNGRXO
| Q4 25 | $4.5B | $3.3B | ||
| Q3 25 | $4.6B | $3.2B | ||
| Q2 25 | $4.5B | $3.2B | ||
| Q1 25 | $4.5B | $3.3B | ||
| Q4 24 | $4.3B | $3.4B | ||
| Q3 24 | $4.3B | $3.4B | ||
| Q2 24 | $4.2B | $1.8B | ||
| Q1 24 | $3.8B | $1.8B |
负债/权益比DKNGRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $320.5M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $316.5M | $-9.0M |
| 自由现金流率自由现金流/营收 | 15.9% | -0.6% |
| 资本支出强度资本支出/营收 | 0.2% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.35× | — |
| 过去12个月自由现金流最近4个季度 | $647.5M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流DKNGRXO
| Q4 25 | $320.5M | $7.0M | ||
| Q3 25 | $287.5M | $23.0M | ||
| Q2 25 | $173.9M | $23.0M | ||
| Q1 25 | $-119.0M | $-2.0M | ||
| Q4 24 | $325.2M | $-7.0M | ||
| Q3 24 | $133.6M | $-7.0M | ||
| Q2 24 | $29.4M | $-5.0M | ||
| Q1 24 | $-70.4M | $7.0M |
自由现金流DKNGRXO
| Q4 25 | $316.5M | $-9.0M | ||
| Q3 25 | $283.0M | $9.0M | ||
| Q2 25 | $169.6M | $9.0M | ||
| Q1 25 | $-121.7M | $-17.0M | ||
| Q4 24 | $323.2M | $-19.0M | ||
| Q3 24 | $130.9M | $-18.0M | ||
| Q2 24 | $27.0M | $-16.0M | ||
| Q1 24 | $-73.4M | $-4.0M |
自由现金流率DKNGRXO
| Q4 25 | 15.9% | -0.6% | ||
| Q3 25 | 24.7% | 0.6% | ||
| Q2 25 | 11.2% | 0.6% | ||
| Q1 25 | -8.6% | -1.2% | ||
| Q4 24 | 23.2% | -1.1% | ||
| Q3 24 | 11.9% | -1.7% | ||
| Q2 24 | 2.4% | -1.7% | ||
| Q1 24 | -6.2% | -0.4% |
资本支出强度DKNGRXO
| Q4 25 | 0.2% | 1.1% | ||
| Q3 25 | 0.4% | 1.0% | ||
| Q2 25 | 0.3% | 1.0% | ||
| Q1 25 | 0.2% | 1.0% | ||
| Q4 24 | 0.1% | 0.7% | ||
| Q3 24 | 0.2% | 1.1% | ||
| Q2 24 | 0.2% | 1.2% | ||
| Q1 24 | 0.3% | 1.2% |
现金转化率DKNGRXO
| Q4 25 | 2.35× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.46× | — | ||
| 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
DKNG
| Sportsbook | $1.4B | 68% |
| I Gaming | $500.2M | 25% |
| Other | $137.9M | 7% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
