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美国艺电（EA）与学乐集团（SCHL）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学乐集团的3.4倍（$1.9B vs $551.1M）。学乐集团净利率更高（10.1% vs 4.6%，领先5.5%）。学乐集团同比增速更快（1.2% vs 1.0%）。过去两年学乐集团的营收复合增速更高（30.5% 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。
学乐集团是美国跨国出版教育传媒企业，面向学校、教师、家长、儿童及各类教育机构出版发行图书、漫画与各类教育素材。产品通过零售、线上渠道销售，同时还通过校园阅读俱乐部与书展进入校园，大红狗克利福德是集团的官方吉祥物。
EA vs SCHL — 直观对比
营收规模更大
EA
是对方的3.4倍
$551.1M
营收增速更快
SCHL
高出0.2%
1.0%
净利率更高
SCHL
高出5.5%
4.6%
两年增速更快
SCHL
近两年复合增速
3.4%
损益表 — Q3 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $551.1M |
| 净利润 | $88.0M | $55.9M |
| 毛利率 | 73.8% | 59.1% |
| 营业利润率 | 6.7% | 15.0% |
| 净利率 | 4.6% | 10.1% |
| 营收同比 | 1.0% | 1.2% |
| 净利润同比 | -70.0% | 14.5% |
| 每股收益（稀释后） | $0.35 | $2.17 |
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EASCHL
| Q4 25 | $1.9B | $551.1M | ||
| Q3 25 | $1.8B | $225.6M | ||
| Q2 25 | $1.7B | $508.3M | ||
| Q1 25 | $1.9B | $335.4M | ||
| Q4 24 | $1.9B | $544.6M | ||
| Q3 24 | $2.0B | $237.2M | ||
| Q2 24 | $1.7B | $474.9M | ||
| Q1 24 | $1.8B | $323.7M |
净利润EASCHL
| Q4 25 | $88.0M | $55.9M | ||
| Q3 25 | $137.0M | $-71.1M | ||
| Q2 25 | $201.0M | $15.4M | ||
| Q1 25 | $254.0M | $-3.6M | ||
| Q4 24 | $293.0M | $48.8M | ||
| Q3 24 | $294.0M | $-62.5M | ||
| Q2 24 | $280.0M | $35.9M | ||
| Q1 24 | $182.0M | $-26.5M |
毛利率EASCHL
| Q4 25 | 73.8% | 59.1% | ||
| Q3 25 | 75.9% | 45.3% | ||
| Q2 25 | 83.3% | 59.2% | ||
| Q1 25 | 80.6% | 53.9% | ||
| Q4 24 | 75.8% | 58.0% | ||
| Q3 24 | 77.5% | 45.9% | ||
| Q2 24 | 84.2% | 59.5% | ||
| Q1 24 | 79.9% | 54.1% |
营业利润率EASCHL
| Q4 25 | 6.7% | 15.0% | ||
| Q3 25 | 10.9% | -40.9% | ||
| Q2 25 | 16.2% | 10.5% | ||
| Q1 25 | 20.8% | -7.1% | ||
| Q4 24 | 20.0% | 13.7% | ||
| Q3 24 | 19.0% | -37.3% | ||
| Q2 24 | 21.9% | 9.9% | ||
| Q1 24 | 13.2% | -10.8% |
净利率EASCHL
| Q4 25 | 4.6% | 10.1% | ||
| Q3 25 | 7.4% | -31.5% | ||
| Q2 25 | 12.0% | 3.0% | ||
| Q1 25 | 13.4% | -1.1% | ||
| Q4 24 | 15.6% | 9.0% | ||
| Q3 24 | 14.5% | -26.3% | ||
| Q2 24 | 16.9% | 7.6% | ||
| Q1 24 | 10.2% | -8.2% |
每股收益（稀释后）EASCHL
| Q4 25 | $0.35 | $2.17 | ||
| Q3 25 | $0.54 | $-2.83 | ||
| Q2 25 | $0.79 | $0.56 | ||
| Q1 25 | $0.99 | $-0.13 | ||
| Q4 24 | $1.11 | $1.71 | ||
| Q3 24 | $1.11 | $-2.21 | ||
| Q2 24 | $1.04 | $1.21 | ||
| Q1 24 | $0.67 | $-0.91 |
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 | $99.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.2B | $931.2M |
| 总资产 | $13.3B | $2.0B |
| 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EASCHL
| Q4 25 | $2.8B | $99.3M | ||
| Q3 25 | $1.1B | $94.3M | ||
| Q2 25 | $1.5B | $124.0M | ||
| Q1 25 | $2.1B | $94.7M | ||
| Q4 24 | $2.8B | $139.6M | ||
| Q3 24 | $2.2B | $84.1M | ||
| Q2 24 | $2.4B | $113.7M | ||
| Q1 24 | $2.9B | $110.4M |
总债务EASCHL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $231.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EASCHL
| Q4 25 | $6.2B | $931.2M | ||
| Q3 25 | $6.0B | $878.0M | ||
| Q2 25 | $6.1B | $946.5M | ||
| Q1 25 | $6.4B | $941.3M | ||
| Q4 24 | $7.4B | $986.0M | ||
| Q3 24 | $7.4B | $957.3M | ||
| Q2 24 | $7.4B | $1.0B | ||
| Q1 24 | $7.5B | $997.6M |
总资产EASCHL
| Q4 25 | $13.3B | $2.0B | ||
| Q3 25 | $11.9B | $2.0B | ||
| Q2 25 | $11.7B | $2.0B | ||
| Q1 25 | $12.4B | $2.0B | ||
| Q4 24 | $13.5B | $2.0B | ||
| Q3 24 | $13.1B | $2.0B | ||
| Q2 24 | $12.7B | $1.7B | ||
| Q1 24 | $13.4B | $1.7B |
负债/权益比EASCHL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.24× | ||
| 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 | $73.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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× | 1.31× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流EASCHL
| Q4 25 | $1.8B | $73.2M | ||
| Q3 25 | $130.0M | $-81.8M | ||
| Q2 25 | $17.0M | $106.9M | ||
| Q1 25 | $549.0M | $-12.0M | ||
| Q4 24 | $1.2B | $71.2M | ||
| Q3 24 | $234.0M | $-41.9M | ||
| Q2 24 | $120.0M | $69.9M | ||
| Q1 24 | $580.0M | $13.1M |
现金转化率EASCHL
| Q4 25 | 20.75× | 1.31× | ||
| Q3 25 | 0.95× | — | ||
| Q2 25 | 0.08× | 6.94× | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | 4.01× | 1.46× | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.43× | 1.95× | ||
| 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% |
SCHL
| Book Fairs | $242.0M | 44% |
| Trade US | $102.9M | 19% |
| Major Markets | $78.3M | 14% |
| Education Solutions | $62.2M | 11% |
| Book Clubs | $28.5M | 5% |
| Entertainment International | $13.5M | 2% |
| Other Markets | $11.2M | 2% |
| Trade International | $7.5M | 1% |
| Entertainment U.S. | $1.6M | 0% |
