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美国艺电（EA）与罗布乐思（RBLX）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罗布乐思的1.3倍（$1.9B vs $1.4B），美国艺电净利率更高（4.6% vs -22.3%，领先27.0%），罗布乐思同比增速更快（43.2% vs 1.0%），过去两年罗布乐思的营收复合增速更高（32.9% vs 3.4%）
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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
EA vs RBLX — 直观对比
营收规模更大
EA
是对方的1.3倍
$1.4B
营收增速更快
RBLX
高出42.2%
1.0%
净利率更高
EA
高出27.0%
-22.3%
两年增速更快
RBLX
近两年复合增速
3.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $88.0M | $-316.0M |
| 毛利率 | 73.8% | 77.7% |
| 营业利润率 | 6.7% | -25.3% |
| 净利率 | 4.6% | -22.3% |
| 营收同比 | 1.0% | 43.2% |
| 净利润同比 | -70.0% | -43.9% |
| 每股收益（稀释后） | $0.35 | $-0.44 |
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EARBLX
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.8B | $1.4B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.9B | $1.0B | ||
| Q4 24 | $1.9B | $988.2M | ||
| Q3 24 | $2.0B | $919.0M | ||
| Q2 24 | $1.7B | $893.5M | ||
| Q1 24 | $1.8B | $801.3M |
净利润EARBLX
| Q4 25 | $88.0M | $-316.0M | ||
| Q3 25 | $137.0M | $-255.6M | ||
| Q2 25 | $201.0M | $-278.4M | ||
| Q1 25 | $254.0M | $-215.1M | ||
| Q4 24 | $293.0M | $-219.6M | ||
| Q3 24 | $294.0M | $-239.3M | ||
| Q2 24 | $280.0M | $-205.9M | ||
| Q1 24 | $182.0M | $-270.6M |
毛利率EARBLX
| Q4 25 | 73.8% | 77.7% | ||
| Q3 25 | 75.9% | 78.2% | ||
| Q2 25 | 83.3% | 78.2% | ||
| Q1 25 | 80.6% | 78.3% | ||
| Q4 24 | 75.8% | 77.9% | ||
| Q3 24 | 77.5% | 77.7% | ||
| Q2 24 | 84.2% | 77.8% | ||
| Q1 24 | 79.9% | 77.7% |
营业利润率EARBLX
| Q4 25 | 6.7% | -25.3% | ||
| Q3 25 | 10.9% | -21.8% | ||
| Q2 25 | 16.2% | -29.8% | ||
| Q1 25 | 20.8% | -24.6% | ||
| Q4 24 | 20.0% | -24.7% | ||
| Q3 24 | 19.0% | -30.4% | ||
| Q2 24 | 21.9% | -26.6% | ||
| Q1 24 | 13.2% | -37.7% |
净利率EARBLX
| Q4 25 | 4.6% | -22.3% | ||
| Q3 25 | 7.4% | -18.8% | ||
| Q2 25 | 12.0% | -25.8% | ||
| Q1 25 | 13.4% | -20.8% | ||
| Q4 24 | 15.6% | -22.2% | ||
| Q3 24 | 14.5% | -26.0% | ||
| Q2 24 | 16.9% | -23.0% | ||
| Q1 24 | 10.2% | -33.8% |
每股收益（稀释后）EARBLX
| Q4 25 | $0.35 | $-0.44 | ||
| Q3 25 | $0.54 | $-0.37 | ||
| Q2 25 | $0.79 | $-0.41 | ||
| Q1 25 | $0.99 | $-0.32 | ||
| Q4 24 | $1.11 | $-0.32 | ||
| Q3 24 | $1.11 | $-0.37 | ||
| Q2 24 | $1.04 | $-0.32 | ||
| Q1 24 | $0.67 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $6.2B | $394.5M |
| 总资产 | $13.3B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资EARBLX
| Q4 25 | $2.8B | $3.1B | ||
| Q3 25 | $1.1B | $2.9B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.8B | $2.4B | ||
| Q3 24 | $2.2B | $2.3B | ||
| Q2 24 | $2.4B | $2.4B | ||
| Q1 24 | $2.9B | $2.4B |
总债务EARBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EARBLX
| Q4 25 | $6.2B | $394.5M | ||
| Q3 25 | $6.0B | $407.6M | ||
| Q2 25 | $6.1B | $353.2M | ||
| Q1 25 | $6.4B | $310.7M | ||
| Q4 24 | $7.4B | $221.4M | ||
| Q3 24 | $7.4B | $189.9M | ||
| Q2 24 | $7.4B | $121.5M | ||
| Q1 24 | $7.5B | $71.6M |
总资产EARBLX
| Q4 25 | $13.3B | $9.6B | ||
| Q3 25 | $11.9B | $8.6B | ||
| Q2 25 | $11.7B | $7.8B | ||
| Q1 25 | $12.4B | $7.5B | ||
| Q4 24 | $13.5B | $7.2B | ||
| Q3 24 | $13.1B | $6.7B | ||
| Q2 24 | $12.7B | $6.5B | ||
| Q1 24 | $13.4B | $6.3B |
负债/权益比EARBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $607.0M |
| 自由现金流经营现金流 - 资本支出 | — | $308.6M |
| 自由现金流率自由现金流/营收 | — | 21.8% |
| 资本支出强度资本支出/营收 | — | 21.1% |
| 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 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流EARBLX
| Q4 25 | $1.8B | $607.0M | ||
| Q3 25 | $130.0M | $546.2M | ||
| Q2 25 | $17.0M | $199.3M | ||
| Q1 25 | $549.0M | $443.9M | ||
| Q4 24 | $1.2B | $184.5M | ||
| Q3 24 | $234.0M | $247.4M | ||
| Q2 24 | $120.0M | $151.4M | ||
| Q1 24 | $580.0M | $238.9M |
自由现金流EARBLX
| Q4 25 | — | $308.6M | ||
| Q3 25 | — | $443.6M | ||
| Q2 25 | — | $176.7M | ||
| Q1 25 | — | $426.5M | ||
| Q4 24 | — | $120.6M | ||
| Q3 24 | — | $218.0M | ||
| Q2 24 | — | $111.7M | ||
| Q1 24 | — | $192.3M |
自由现金流率EARBLX
| Q4 25 | — | 21.8% | ||
| Q3 25 | — | 32.6% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 41.2% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 23.7% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 24.0% |
资本支出强度EARBLX
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 5.8% |
现金转化率EARBLX
| Q4 25 | 20.75× | — | ||
| Q3 25 | 0.95× | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | 4.01× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 3.19× | — |
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% |
RBLX
暂无分部数据
