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美国艺电（EA）与北极星（PII）财务数据对比。点击上方公司名可切换其他公司
美国艺电的季度营收约是北极星的1.1倍（$1.9B vs $1.7B），美国艺电净利率更高（4.6% vs -2.8%，领先7.5%），北极星同比增速更快（8.0% vs 1.0%），过去两年美国艺电的营收复合增速更高（3.4% vs -8.0%）
美国艺电（EA）是总部位于美国加利福尼亚州雷德伍德城的电子游戏企业，1982年5月由前苹果员工特里普·霍金斯创立。作为早期家用电脑游戏行业的先驱，公司将旗下游戏设计师与程序员称作“软件艺术家”，是全球知名的游戏厂商。
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
EA vs PII — 直观对比
营收规模更大
EA
是对方的1.1倍
$1.7B
营收增速更快
PII
高出7.0%
1.0%
净利率更高
EA
高出7.5%
-2.8%
两年增速更快
EA
近两年复合增速
-8.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.7B |
| 净利润 | $88.0M | $-47.2M |
| 毛利率 | 73.8% | 20.2% |
| 营业利润率 | 6.7% | — |
| 净利率 | 4.6% | -2.8% |
| 营收同比 | 1.0% | 8.0% |
| 净利润同比 | -70.0% | 29.2% |
| 每股收益（稀释后） | $0.35 | $-0.83 |
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EAPII
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.9B | $1.9B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.7B | $1.9B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $1.7B | $2.0B |
净利润EAPII
| Q1 26 | — | $-47.2M | ||
| Q4 25 | $88.0M | $-303.6M | ||
| Q3 25 | $137.0M | $-15.8M | ||
| Q2 25 | $201.0M | $-79.3M | ||
| Q1 25 | $254.0M | $-66.8M | ||
| Q4 24 | $293.0M | $10.6M | ||
| Q3 24 | $294.0M | $27.7M | ||
| Q2 24 | $280.0M | $68.7M |
毛利率EAPII
| Q1 26 | — | 20.2% | ||
| Q4 25 | 73.8% | 20.0% | ||
| Q3 25 | 75.9% | 20.7% | ||
| Q2 25 | 83.3% | 19.4% | ||
| Q1 25 | 80.6% | 16.0% | ||
| Q4 24 | 75.8% | 20.4% | ||
| Q3 24 | 77.5% | 20.6% | ||
| Q2 24 | 84.2% | 21.6% |
营业利润率EAPII
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | -16.7% | ||
| Q3 25 | 10.9% | 1.1% | ||
| Q2 25 | 16.2% | -0.7% | ||
| Q1 25 | 20.8% | -2.4% | ||
| Q4 24 | 20.0% | 3.7% | ||
| Q3 24 | 19.0% | 3.8% | ||
| Q2 24 | 21.9% | 6.1% |
净利率EAPII
| Q1 26 | — | -2.8% | ||
| Q4 25 | 4.6% | -15.8% | ||
| Q3 25 | 7.4% | -0.9% | ||
| Q2 25 | 12.0% | -4.3% | ||
| Q1 25 | 13.4% | -4.3% | ||
| Q4 24 | 15.6% | 0.6% | ||
| Q3 24 | 14.5% | 1.6% | ||
| Q2 24 | 16.9% | 3.5% |
每股收益（稀释后）EAPII
| Q1 26 | — | $-0.83 | ||
| Q4 25 | $0.35 | $-5.34 | ||
| Q3 25 | $0.54 | $-0.28 | ||
| Q2 25 | $0.79 | $-1.39 | ||
| Q1 25 | $0.99 | $-1.17 | ||
| Q4 24 | $1.11 | $0.18 | ||
| Q3 24 | $1.11 | $0.49 | ||
| Q2 24 | $1.04 | $1.21 |
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 | $2.8B | $282.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.2B | $750.4M |
| 总资产 | $13.3B | $5.2B |
| 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EAPII
| Q1 26 | — | $282.0M | ||
| Q4 25 | $2.8B | $138.0M | ||
| Q3 25 | $1.1B | $335.5M | ||
| Q2 25 | $1.5B | $324.3M | ||
| Q1 25 | $2.1B | $291.7M | ||
| Q4 24 | $2.8B | $287.8M | ||
| Q3 24 | $2.2B | $291.3M | ||
| Q2 24 | $2.4B | $322.7M |
总债务EAPII
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.1B |
股东权益EAPII
| Q1 26 | — | $750.4M | ||
| Q4 25 | $6.2B | $828.4M | ||
| Q3 25 | $6.0B | $1.1B | ||
| Q2 25 | $6.1B | $1.2B | ||
| Q1 25 | $6.4B | $1.2B | ||
| Q4 24 | $7.4B | $1.3B | ||
| Q3 24 | $7.4B | $1.3B | ||
| Q2 24 | $7.4B | $1.3B |
总资产EAPII
| Q1 26 | — | $5.2B | ||
| Q4 25 | $13.3B | $4.9B | ||
| Q3 25 | $11.9B | $5.3B | ||
| Q2 25 | $11.7B | $5.4B | ||
| Q1 25 | $12.4B | $5.5B | ||
| Q4 24 | $13.5B | $5.5B | ||
| Q3 24 | $13.1B | $5.6B | ||
| Q2 24 | $12.7B | $5.7B |
负债/权益比EAPII
| Q1 26 | — | — | ||
| Q4 25 | — | 1.82× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 1.56× |
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 | $1.8B | — |
| 自由现金流经营现金流 - 资本支出 | — | $-342.5M |
| 自由现金流率自由现金流/营收 | — | -20.6% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 20.75× | — |
| 过去12个月自由现金流最近4个季度 | — | $168.0M |
8季度趋势，按日历期对齐
经营现金流EAPII
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $178.7M | ||
| Q3 25 | $130.0M | $158.8M | ||
| Q2 25 | $17.0M | $320.3M | ||
| Q1 25 | $549.0M | $83.2M | ||
| Q4 24 | $1.2B | $206.3M | ||
| Q3 24 | $234.0M | $21.0M | ||
| Q2 24 | $120.0M | $146.3M |
自由现金流EAPII
| Q1 26 | — | $-342.5M | ||
| Q4 25 | — | $114.0M | ||
| Q3 25 | — | $116.7M | ||
| Q2 25 | — | $279.8M | ||
| Q1 25 | — | $47.6M | ||
| Q4 24 | — | $137.3M | ||
| Q3 24 | — | $-32.4M | ||
| Q2 24 | — | $79.1M |
自由现金流率EAPII
| Q1 26 | — | -20.6% | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | -1.9% | ||
| Q2 24 | — | 4.0% |
资本支出强度EAPII
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 3.4% |
现金转化率EAPII
| Q1 26 | — | — | ||
| Q4 25 | 20.75× | — | ||
| Q3 25 | 0.95× | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | 4.01× | 19.46× | ||
| Q3 24 | 0.80× | 0.76× | ||
| Q2 24 | 0.43× | 2.13× |
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
EA
| Live Services And Other Net Revenue | $1.3B | 67% |
| PC And Other Net Revenue | $465.0M | 24% |
| Packaged Goods Net Revenue | $86.0M | 5% |
| Other | $56.0M | 3% |
| Estimated Service Offering Period | $25.0M | 1% |
PII
暂无分部数据
