vs
Fastenal（FAST）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
Fastenal的季度营收约是罗布乐思的1.4倍（$2.0B vs $1.4B），Fastenal净利率更高（14.5% vs -22.3%，领先36.8%），罗布乐思同比增速更快（43.2% vs 3.5%），罗布乐思自由现金流更多（$308.6M vs $308.2M），过去两年罗布乐思的营收复合增速更高（32.9% vs 2.9%）
Fastenal是1967年成立的美国上市企业，总部位于明尼苏达州威诺纳，是北美最大的紧固件分销商，同时也是工业和建筑用品的主流供应商，可提供货柜备货、智能售货柜、库存管理、物流配送等一站式供应链解决方案。
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。
FAST vs RBLX — 直观对比
营收规模更大
FAST
是对方的1.4倍
$1.4B
营收增速更快
RBLX
高出39.7%
3.5%
净利率更高
FAST
高出36.8%
-22.3%
自由现金流更多
RBLX
多$377.0K
$308.2M
两年增速更快
RBLX
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.4B |
| 净利润 | $293.9M | $-316.0M |
| 毛利率 | 44.3% | 77.7% |
| 营业利润率 | 18.9% | -25.3% |
| 净利率 | 14.5% | -22.3% |
| 营收同比 | 3.5% | 43.2% |
| 净利润同比 | -1.6% | -43.9% |
| 每股收益（稀释后） | $-0.01 | $-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FASTRBLX
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.0B | $1.0B | ||
| Q4 24 | $1.8B | $988.2M | ||
| Q3 24 | $1.9B | $919.0M | ||
| Q2 24 | $1.9B | $893.5M |
净利润FASTRBLX
| Q1 26 | $293.9M | — | ||
| Q4 25 | $293.9M | $-316.0M | ||
| Q3 25 | $335.5M | $-255.6M | ||
| Q2 25 | $330.3M | $-278.4M | ||
| Q1 25 | $298.7M | $-215.1M | ||
| Q4 24 | $262.1M | $-219.6M | ||
| Q3 24 | $298.1M | $-239.3M | ||
| Q2 24 | $292.7M | $-205.9M |
毛利率FASTRBLX
| Q1 26 | 44.3% | — | ||
| Q4 25 | 44.3% | 77.7% | ||
| Q3 25 | 45.3% | 78.2% | ||
| Q2 25 | 45.3% | 78.2% | ||
| Q1 25 | 45.1% | 78.3% | ||
| Q4 24 | 44.8% | 77.9% | ||
| Q3 24 | 44.9% | 77.7% | ||
| Q2 24 | 45.1% | 77.8% |
营业利润率FASTRBLX
| Q1 26 | 18.9% | — | ||
| Q4 25 | 18.9% | -25.3% | ||
| Q3 25 | 20.7% | -21.8% | ||
| Q2 25 | 21.0% | -29.8% | ||
| Q1 25 | 20.1% | -24.6% | ||
| Q4 24 | 18.9% | -24.7% | ||
| Q3 24 | 20.3% | -30.4% | ||
| Q2 24 | 20.2% | -26.6% |
净利率FASTRBLX
| Q1 26 | 14.5% | — | ||
| Q4 25 | 14.5% | -22.3% | ||
| Q3 25 | 15.7% | -18.8% | ||
| Q2 25 | 15.9% | -25.8% | ||
| Q1 25 | 15.2% | -20.8% | ||
| Q4 24 | 14.4% | -22.2% | ||
| Q3 24 | 15.6% | -26.0% | ||
| Q2 24 | 15.3% | -23.0% |
每股收益（稀释后）FASTRBLX
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.01 | $-0.44 | ||
| Q3 25 | $0.29 | $-0.37 | ||
| Q2 25 | $0.29 | $-0.41 | ||
| Q1 25 | $0.52 | $-0.32 | ||
| Q4 24 | $0.45 | $-0.32 | ||
| Q3 24 | $0.52 | $-0.37 | ||
| Q2 24 | $0.51 | $-0.32 |
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 | $276.8M | $3.1B |
| 总债务越低越好 | $125.0M | $1.2B |
| 股东权益账面价值 | $3.9B | $394.5M |
| 总资产 | $5.1B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.03× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资FASTRBLX
| Q1 26 | $276.8M | — | ||
| Q4 25 | $276.8M | $3.1B | ||
| Q3 25 | $288.1M | $2.9B | ||
| Q2 25 | $237.8M | $2.6B | ||
| Q1 25 | $231.8M | $2.7B | ||
| Q4 24 | $255.8M | $2.4B | ||
| Q3 24 | $292.2M | $2.3B | ||
| Q2 24 | $255.5M | $2.4B |
总债务FASTRBLX
| Q1 26 | $125.0M | — | ||
| Q4 25 | $125.0M | $1.2B | ||
| Q3 25 | $195.0M | — | ||
| Q2 25 | $230.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | $1.2B | ||
| Q3 24 | $240.0M | — | ||
| Q2 24 | $235.0M | — |
股东权益FASTRBLX
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $394.5M | ||
| Q3 25 | $3.9B | $407.6M | ||
| Q2 25 | $3.8B | $353.2M | ||
| Q1 25 | $3.7B | $310.7M | ||
| Q4 24 | $3.6B | $221.4M | ||
| Q3 24 | $3.6B | $189.9M | ||
| Q2 24 | $3.5B | $121.5M |
总资产FASTRBLX
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.1B | $9.6B | ||
| Q3 25 | $5.1B | $8.6B | ||
| Q2 25 | $5.0B | $7.8B | ||
| Q1 25 | $4.9B | $7.5B | ||
| Q4 24 | $4.7B | $7.2B | ||
| Q3 24 | $4.7B | $6.7B | ||
| Q2 24 | $4.6B | $6.5B |
负债/权益比FASTRBLX
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.03× | 2.98× | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 0.06× | 5.48× | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.07× | — |
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 | $368.2M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $308.2M | $308.6M |
| 自由现金流率自由现金流/营收 | 15.2% | 21.8% |
| 资本支出强度资本支出/营收 | 3.0% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.25× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $1.4B |
8季度趋势，按日历期对齐
经营现金流FASTRBLX
| Q1 26 | $368.2M | — | ||
| Q4 25 | $368.2M | $607.0M | ||
| Q3 25 | $386.9M | $546.2M | ||
| Q2 25 | $278.6M | $199.3M | ||
| Q1 25 | $262.2M | $443.9M | ||
| Q4 24 | $282.8M | $184.5M | ||
| Q3 24 | $296.9M | $247.4M | ||
| Q2 24 | $258.0M | $151.4M |
自由现金流FASTRBLX
| Q1 26 | $308.2M | — | ||
| Q4 25 | $308.2M | $308.6M | ||
| Q3 25 | $326.6M | $443.6M | ||
| Q2 25 | $209.3M | $176.7M | ||
| Q1 25 | $206.5M | $426.5M | ||
| Q4 24 | $222.6M | $120.6M | ||
| Q3 24 | $237.5M | $218.0M | ||
| Q2 24 | $201.9M | $111.7M |
自由现金流率FASTRBLX
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | 21.8% | ||
| Q3 25 | 15.3% | 32.6% | ||
| Q2 25 | 10.1% | 16.3% | ||
| Q1 25 | 10.5% | 41.2% | ||
| Q4 24 | 12.2% | 12.2% | ||
| Q3 24 | 12.4% | 23.7% | ||
| Q2 24 | 10.5% | 12.5% |
资本支出强度FASTRBLX
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.0% | 21.1% | ||
| Q3 25 | 2.8% | 7.5% | ||
| Q2 25 | 3.3% | 2.1% | ||
| Q1 25 | 2.8% | 1.7% | ||
| Q4 24 | 3.3% | 6.5% | ||
| Q3 24 | 3.1% | 3.2% | ||
| Q2 24 | 2.9% | 4.4% |
现金转化率FASTRBLX
| Q1 26 | 1.25× | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | 0.88× | — |
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
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
RBLX
暂无分部数据
