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8X8 INC（EGHT）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是8X8 INC的1.2倍（$225.6M vs $185.1M），8X8 INC净利率更高（2.8% vs -119.0%，领先121.8%），六旗同比增速更快（11.7% vs 3.4%）
8x8 Inc是源自美国的企业级云通信与客户体验软件服务商，依托云架构为企业提供统一通信、呼叫中心及通信平台即服务（CPaaS）等产品方案，公司总部位于加利福尼亚州坎贝尔，其股票在纳斯达克交易所挂牌交易。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
EGHT vs FUN — 直观对比
营收规模更大
FUN
是对方的1.2倍
$185.1M
营收增速更快
FUN
高出8.2%
3.4%
净利率更高
EGHT
高出121.8%
-119.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $185.1M | $225.6M |
| 净利润 | $5.1M | $-268.6M |
| 毛利率 | 63.9% | — |
| 营业利润率 | 5.2% | — |
| 净利率 | 2.8% | -119.0% |
| 营收同比 | 3.4% | 11.7% |
| 净利润同比 | 68.4% | -22.2% |
| 每股收益（稀释后） | $0.04 | — |
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EGHTFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $185.1M | $650.1M | ||
| Q3 25 | $184.1M | $1.3B | ||
| Q2 25 | $181.4M | $930.4M | ||
| Q1 25 | $177.0M | $202.1M | ||
| Q4 24 | $178.9M | — | ||
| Q3 24 | $181.0M | $1.3B | ||
| Q2 24 | $178.1M | $571.6M |
净利润EGHTFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | $5.1M | $-92.4M | ||
| Q3 25 | $767.0K | $-1.2B | ||
| Q2 25 | $-4.3M | $-99.6M | ||
| Q1 25 | $-5.4M | $-219.7M | ||
| Q4 24 | $3.0M | — | ||
| Q3 24 | $-14.5M | $111.0M | ||
| Q2 24 | $-10.3M | $55.6M |
毛利率EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | 63.9% | 91.4% | ||
| Q3 25 | 64.8% | 91.6% | ||
| Q2 25 | 66.4% | 91.3% | ||
| Q1 25 | 67.8% | 89.3% | ||
| Q4 24 | 67.7% | — | ||
| Q3 24 | 68.1% | 91.9% | ||
| Q2 24 | 67.9% | 90.7% |
营业利润率EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | -3.8% | ||
| Q3 25 | 2.9% | -83.7% | ||
| Q2 25 | 0.3% | 8.0% | ||
| Q1 25 | 0.2% | -158.9% | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 4.0% | 19.5% | ||
| Q2 24 | -0.8% | 21.6% |
净利率EGHTFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | 2.8% | -14.2% | ||
| Q3 25 | 0.4% | -90.1% | ||
| Q2 25 | -2.4% | -10.7% | ||
| Q1 25 | -3.1% | -108.7% | ||
| Q4 24 | 1.7% | — | ||
| Q3 24 | -8.0% | 8.2% | ||
| Q2 24 | -5.8% | 9.7% |
每股收益（稀释后）EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | $0.04 | $-0.93 | ||
| Q3 25 | $0.01 | $-11.77 | ||
| Q2 25 | $-0.03 | $-0.99 | ||
| Q1 25 | $-0.04 | $-2.20 | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $-0.11 | $1.10 | ||
| Q2 24 | $-0.08 | — |
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 | $86.9M | $116.5M |
| 总债务越低越好 | $321.2M | — |
| 股东权益账面价值 | $142.9M | $279.2M |
| 总资产 | $661.5M | $7.7B |
| 负债/权益比越低杠杆越低 | 2.25× | — |
8季度趋势，按日历期对齐
现金及短期投资EGHTFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | $86.9M | $91.1M | ||
| Q3 25 | $75.9M | $70.7M | ||
| Q2 25 | $81.3M | $107.4M | ||
| Q1 25 | $88.0M | $61.5M | ||
| Q4 24 | $104.2M | — | ||
| Q3 24 | $117.4M | $89.7M | ||
| Q2 24 | $130.8M | $52.9M |
总债务EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | $321.2M | $5.2B | ||
| Q3 25 | $325.8M | $5.0B | ||
| Q2 25 | $335.4M | $5.3B | ||
| Q1 25 | $350.0M | $5.0B | ||
| Q4 24 | $364.5M | — | ||
| Q3 24 | $396.9M | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益EGHTFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $142.9M | $549.8M | ||
| Q3 25 | $133.2M | $614.3M | ||
| Q2 25 | $128.2M | $1.8B | ||
| Q1 25 | $122.2M | $1.8B | ||
| Q4 24 | $113.0M | — | ||
| Q3 24 | $109.8M | $2.3B | ||
| Q2 24 | $104.6M | — |
总资产EGHTFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $661.5M | $7.8B | ||
| Q3 25 | $670.8M | $7.9B | ||
| Q2 25 | $684.3M | $9.5B | ||
| Q1 25 | $683.2M | $9.2B | ||
| Q4 24 | $698.2M | — | ||
| Q3 24 | $740.1M | $9.4B | ||
| Q2 24 | $755.7M | $2.3B |
负债/权益比EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | 2.25× | 9.40× | ||
| Q3 25 | 2.45× | 8.16× | ||
| Q2 25 | 2.62× | 2.97× | ||
| Q1 25 | 2.86× | 2.75× | ||
| Q4 24 | 3.23× | — | ||
| Q3 24 | 3.61× | 1.95× | ||
| Q2 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 | $20.7M | — |
| 自由现金流经营现金流 - 资本支出 | $19.1M | — |
| 自由现金流率自由现金流/营收 | 10.3% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 4.07× | — |
| 过去12个月自由现金流最近4个季度 | $43.8M | — |
8季度趋势，按日历期对齐
经营现金流EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | $20.7M | $-37.7M | ||
| Q3 25 | $8.8M | $356.2M | ||
| Q2 25 | $11.9M | $187.0M | ||
| Q1 25 | $5.9M | $-178.0M | ||
| Q4 24 | $27.2M | — | ||
| Q3 24 | $12.3M | $337.4M | ||
| Q2 24 | $18.1M | — |
自由现金流EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | $19.1M | $-109.3M | ||
| Q3 25 | $7.7M | $256.2M | ||
| Q2 25 | $11.5M | $18.8M | ||
| Q1 25 | $5.5M | $-318.0M | ||
| Q4 24 | $26.8M | — | ||
| Q3 24 | $11.1M | $227.7M | ||
| Q2 24 | $17.8M | — |
自由现金流率EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | 10.3% | -16.8% | ||
| Q3 25 | 4.2% | 19.4% | ||
| Q2 25 | 6.3% | 2.0% | ||
| Q1 25 | 3.1% | -157.4% | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 6.1% | 16.9% | ||
| Q2 24 | 10.0% | — |
资本支出强度EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 11.0% | ||
| Q3 25 | 0.6% | 7.6% | ||
| Q2 25 | 0.2% | 18.1% | ||
| Q1 25 | 0.2% | 69.3% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.7% | 8.1% | ||
| Q2 24 | 0.2% | — |
现金转化率EGHTFUN
| Q1 26 | — | — | ||
| Q4 25 | 4.07× | — | ||
| Q3 25 | 11.52× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 9.01× | — | ||
| Q3 24 | — | 3.04× | ||
| Q2 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
EGHT
| Services | $179.7M | 97% |
| Other | $5.4M | 3% |
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
