vs
美国艺电（EA）与瑞思迈（RMD）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瑞思迈的1.3倍（$1.9B vs $1.4B），瑞思迈净利率更高（27.6% vs 4.6%，领先23.0%），瑞思迈同比增速更快（11.0% vs 1.0%），过去两年瑞思迈的营收复合增速更高（9.0% 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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
EA vs RMD — 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
RMD
高出10.0%
1.0%
净利率更高
RMD
高出23.0%
4.6%
两年增速更快
RMD
近两年复合增速
3.4%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $88.0M | $392.6M |
| 毛利率 | 73.8% | 61.8% |
| 营业利润率 | 6.7% | 34.6% |
| 净利率 | 4.6% | 27.6% |
| 营收同比 | 1.0% | 11.0% |
| 净利润同比 | -70.0% | 13.9% |
| 每股收益（稀释后） | $0.35 | $2.68 |
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EARMD
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.8B | $1.2B |
净利润EARMD
| Q4 25 | $88.0M | $392.6M | ||
| Q3 25 | $137.0M | $348.5M | ||
| Q2 25 | $201.0M | $379.7M | ||
| Q1 25 | $254.0M | $365.0M | ||
| Q4 24 | $293.0M | $344.6M | ||
| Q3 24 | $294.0M | $311.4M | ||
| Q2 24 | $280.0M | $292.2M | ||
| Q1 24 | $182.0M | $300.5M |
毛利率EARMD
| Q4 25 | 73.8% | 61.8% | ||
| Q3 25 | 75.9% | 61.5% | ||
| Q2 25 | 83.3% | 60.8% | ||
| Q1 25 | 80.6% | 59.3% | ||
| Q4 24 | 75.8% | 58.6% | ||
| Q3 24 | 77.5% | 58.6% | ||
| Q2 24 | 84.2% | 58.5% | ||
| Q1 24 | 79.9% | 57.9% |
营业利润率EARMD
| Q4 25 | 6.7% | 34.6% | ||
| Q3 25 | 10.9% | 33.4% | ||
| Q2 25 | 16.2% | 33.7% | ||
| Q1 25 | 20.8% | 33.0% | ||
| Q4 24 | 20.0% | 32.5% | ||
| Q3 24 | 19.0% | 31.6% | ||
| Q2 24 | 21.9% | 31.2% | ||
| Q1 24 | 13.2% | 31.3% |
净利率EARMD
| Q4 25 | 4.6% | 27.6% | ||
| Q3 25 | 7.4% | 26.1% | ||
| Q2 25 | 12.0% | 28.2% | ||
| Q1 25 | 13.4% | 28.3% | ||
| Q4 24 | 15.6% | 26.9% | ||
| Q3 24 | 14.5% | 25.4% | ||
| Q2 24 | 16.9% | 23.9% | ||
| Q1 24 | 10.2% | 25.1% |
每股收益（稀释后）EARMD
| Q4 25 | $0.35 | $2.68 | ||
| Q3 25 | $0.54 | $2.37 | ||
| Q2 25 | $0.79 | $2.58 | ||
| Q1 25 | $0.99 | $2.48 | ||
| Q4 24 | $1.11 | $2.34 | ||
| Q3 24 | $1.11 | $2.11 | ||
| Q2 24 | $1.04 | $1.97 | ||
| Q1 24 | $0.67 | $2.04 |
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 | $1.4B |
| 总债务越低越好 | — | $403.9M |
| 股东权益账面价值 | $6.2B | $6.3B |
| 总资产 | $13.3B | $8.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资EARMD
| Q4 25 | $2.8B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $2.1B | $932.7M | ||
| Q4 24 | $2.8B | $521.9M | ||
| Q3 24 | $2.2B | $426.4M | ||
| Q2 24 | $2.4B | $238.4M | ||
| Q1 24 | $2.9B | $237.9M |
总债务EARMD
| Q4 25 | — | $403.9M | ||
| Q3 25 | — | $408.7M | ||
| Q2 25 | — | $658.4M | ||
| Q1 25 | — | $663.1M | ||
| Q4 24 | — | $662.9M | ||
| Q3 24 | — | $667.6M | ||
| Q2 24 | — | $697.3M | ||
| Q1 24 | — | $997.0M |
股东权益EARMD
| Q4 25 | $6.2B | $6.3B | ||
| Q3 25 | $6.0B | $6.1B | ||
| Q2 25 | $6.1B | $6.0B | ||
| Q1 25 | $6.4B | $5.5B | ||
| Q4 24 | $7.4B | $5.3B | ||
| Q3 24 | $7.4B | $5.2B | ||
| Q2 24 | $7.4B | $4.9B | ||
| Q1 24 | $7.5B | $4.6B |
总资产EARMD
| Q4 25 | $13.3B | $8.5B | ||
| Q3 25 | $11.9B | $8.3B | ||
| Q2 25 | $11.7B | $8.2B | ||
| Q1 25 | $12.4B | $7.6B | ||
| Q4 24 | $13.5B | $7.1B | ||
| Q3 24 | $13.1B | $7.2B | ||
| Q2 24 | $12.7B | $6.9B | ||
| Q1 24 | $13.4B | $6.8B |
负债/权益比EARMD
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.22× |
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 | $339.7M |
| 自由现金流经营现金流 - 资本支出 | — | $311.2M |
| 自由现金流率自由现金流/营收 | — | 21.9% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | 20.75× | 0.87× |
| 过去12个月自由现金流最近4个季度 | — | $1.8B |
8季度趋势，按日历期对齐
经营现金流EARMD
| Q4 25 | $1.8B | $339.7M | ||
| Q3 25 | $130.0M | $457.3M | ||
| Q2 25 | $17.0M | $538.8M | ||
| Q1 25 | $549.0M | $578.7M | ||
| Q4 24 | $1.2B | $308.6M | ||
| Q3 24 | $234.0M | $325.5M | ||
| Q2 24 | $120.0M | $440.1M | ||
| Q1 24 | $580.0M | $402.0M |
自由现金流EARMD
| Q4 25 | — | $311.2M | ||
| Q3 25 | — | $414.4M | ||
| Q2 25 | — | $508.2M | ||
| Q1 25 | — | $557.9M | ||
| Q4 24 | — | $288.0M | ||
| Q3 24 | — | $307.7M | ||
| Q2 24 | — | $415.2M | ||
| Q1 24 | — | $380.8M |
自由现金流率EARMD
| Q4 25 | — | 21.9% | ||
| Q3 25 | — | 31.0% | ||
| Q2 25 | — | 37.7% | ||
| Q1 25 | — | 43.2% | ||
| Q4 24 | — | 22.5% | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | — | 33.9% | ||
| Q1 24 | — | 31.8% |
资本支出强度EARMD
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 1.8% |
现金转化率EARMD
| Q4 25 | 20.75× | 0.87× | ||
| Q3 25 | 0.95× | 1.31× | ||
| Q2 25 | 0.08× | 1.42× | ||
| Q1 25 | 2.16× | 1.59× | ||
| Q4 24 | 4.01× | 0.90× | ||
| Q3 24 | 0.80× | 1.05× | ||
| Q2 24 | 0.43× | 1.51× | ||
| Q1 24 | 3.19× | 1.34× |
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% |
RMD
| Sleep And Breathing Health | $1.3B | 88% |
| Residential Care Software | $166.9M | 12% |
