vs
Fat Brands, Inc（FAT）与OneStream, Inc.（OS）财务数据对比。点击上方公司名可切换其他公司
OneStream, Inc.的季度营收约是Fat Brands, Inc的1.2倍（$163.7M vs $140.0M），OneStream, Inc.净利率更高（0.6% vs -41.6%，领先42.2%），OneStream, Inc.同比增速更快（23.6% vs -2.3%），OneStream, Inc.自由现金流更多（$25.6M vs $-16.9M），过去两年OneStream, Inc.的营收复合增速更高（21.8% vs -6.1%）
FAT Brands是来自美国的多品牌餐饮与体育酒吧连锁运营商，总部位于加利福尼亚州比弗利山庄，主要开展餐饮品牌的连锁加盟运营业务，旗下涵盖多个餐饮及休闲体育酒吧品牌。
Blue Stream面向美国佛罗里达州科勒尔斯普林斯、韦斯顿两地的居民及商业客户，提供有线电视、有线固话、数字录像服务，以及最高速率达1G的宽带互联网接入服务，深耕当地通信市场，为用户提供稳定可靠的多元通信解决方案。
FAT vs OS — 直观对比
营收规模更大
OS
是对方的1.2倍
$140.0M
营收增速更快
OS
高出25.9%
-2.3%
净利率更高
OS
高出42.2%
-41.6%
自由现金流更多
OS
多$42.5M
$-16.9M
两年增速更快
OS
近两年复合增速
-6.1%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $140.0M | $163.7M |
| 净利润 | $-58.2M | $999.0K |
| 毛利率 | — | 69.8% |
| 营业利润率 | -12.4% | -3.2% |
| 净利率 | -41.6% | 0.6% |
| 营收同比 | -2.3% | 23.6% |
| 净利润同比 | -30.1% | — |
| 每股收益（稀释后） | $-3.39 | — |
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FATOS
| Q4 25 | — | $163.7M | ||
| Q3 25 | $140.0M | $154.3M | ||
| Q2 25 | $146.8M | $147.6M | ||
| Q1 25 | $142.0M | $136.3M | ||
| Q4 24 | $145.3M | $132.5M | ||
| Q3 24 | $143.4M | $129.1M | ||
| Q2 24 | $152.0M | $117.5M | ||
| Q1 24 | $152.0M | $110.3M |
净利润FATOS
| Q4 25 | — | $999.0K | ||
| Q3 25 | $-58.2M | $-8.8M | ||
| Q2 25 | $-54.2M | $-18.4M | ||
| Q1 25 | $-46.0M | $-24.0M | ||
| Q4 24 | $-67.4M | — | ||
| Q3 24 | $-44.8M | $-171.9M | ||
| Q2 24 | $-39.4M | $-7.8M | ||
| Q1 24 | $-38.3M | $-5.0M |
毛利率FATOS
| Q4 25 | — | 69.8% | ||
| Q3 25 | — | 68.1% | ||
| Q2 25 | — | 68.6% | ||
| Q1 25 | — | 68.0% | ||
| Q4 24 | — | 66.8% | ||
| Q3 24 | — | 50.1% | ||
| Q2 24 | — | 68.5% | ||
| Q1 24 | — | 69.1% |
营业利润率FATOS
| Q4 25 | — | -3.2% | ||
| Q3 25 | -12.4% | -11.3% | ||
| Q2 25 | -10.6% | -21.8% | ||
| Q1 25 | -6.0% | -29.3% | ||
| Q4 24 | -27.1% | -35.8% | ||
| Q3 24 | -6.2% | -197.6% | ||
| Q2 24 | -1.8% | -9.8% | ||
| Q1 24 | -0.9% | -4.9% |
净利率FATOS
| Q4 25 | — | 0.6% | ||
| Q3 25 | -41.6% | -5.7% | ||
| Q2 25 | -36.9% | -12.5% | ||
| Q1 25 | -32.4% | -17.6% | ||
| Q4 24 | -46.4% | — | ||
| Q3 24 | -31.2% | -133.1% | ||
| Q2 24 | -25.9% | -6.7% | ||
| Q1 24 | -25.2% | -4.5% |
每股收益（稀释后）FATOS
| Q4 25 | — | — | ||
| Q3 25 | $-3.39 | — | ||
| Q2 25 | $-3.17 | — | ||
| Q1 25 | $-2.73 | — | ||
| Q4 24 | $-4.06 | — | ||
| Q3 24 | $-2.74 | $-1.06 | ||
| Q2 24 | $-2.43 | — | ||
| Q1 24 | $-2.37 | — |
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 | — | $693.6M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-585.8M | $504.7M |
| 总资产 | $1.2B | $1.0B |
| 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FATOS
| Q4 25 | — | $693.6M | ||
| Q3 25 | — | $653.9M | ||
| Q2 25 | — | $652.1M | ||
| Q1 25 | — | $593.9M | ||
| Q4 24 | — | $544.2M | ||
| Q3 24 | — | $495.5M | ||
| Q2 24 | — | $140.5M | ||
| Q1 24 | — | — |
总债务FATOS
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益FATOS
| Q4 25 | — | $504.7M | ||
| Q3 25 | $-585.8M | $472.1M | ||
| Q2 25 | $-536.5M | $458.2M | ||
| Q1 25 | $-493.9M | $412.9M | ||
| Q4 24 | $-455.7M | $386.2M | ||
| Q3 24 | $-386.1M | $458.2M | ||
| Q2 24 | $-338.6M | $97.5M | ||
| Q1 24 | $-296.8M | $102.5M |
总资产FATOS
| Q4 25 | — | $1.0B | ||
| Q3 25 | $1.2B | $949.4M | ||
| Q2 25 | $1.2B | $910.5M | ||
| Q1 25 | $1.3B | $867.3M | ||
| Q4 24 | $1.3B | $823.2M | ||
| Q3 24 | $1.3B | $750.1M | ||
| Q2 24 | $1.4B | $379.7M | ||
| Q1 24 | $1.4B | — |
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 | $-14.5M | $25.8M |
| 自由现金流经营现金流 - 资本支出 | $-16.9M | $25.6M |
| 自由现金流率自由现金流/营收 | -12.1% | 15.7% |
| 资本支出强度资本支出/营收 | 1.7% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 25.79× |
| 过去12个月自由现金流最近4个季度 | $-75.0M | $95.6M |
8季度趋势，按日历期对齐
经营现金流FATOS
| Q4 25 | — | $25.8M | ||
| Q3 25 | $-14.5M | $5.0M | ||
| Q2 25 | $-26.9M | $29.7M | ||
| Q1 25 | $-13.2M | $36.2M | ||
| Q4 24 | $-10.4M | — | ||
| Q3 24 | $-3.2M | $2.4M | ||
| Q2 24 | $-14.2M | $8.1M | ||
| Q1 24 | $-28.4M | $25.5M |
自由现金流FATOS
| Q4 25 | — | $25.6M | ||
| Q3 25 | $-16.9M | $4.8M | ||
| Q2 25 | $-29.3M | $29.4M | ||
| Q1 25 | $-17.8M | $35.8M | ||
| Q4 24 | $-11.0M | — | ||
| Q3 24 | $-11.1M | $1.3M | ||
| Q2 24 | $-24.4M | $7.7M | ||
| Q1 24 | $-32.5M | $24.9M |
自由现金流率FATOS
| Q4 25 | — | 15.7% | ||
| Q3 25 | -12.1% | 3.1% | ||
| Q2 25 | -20.0% | 19.9% | ||
| Q1 25 | -12.5% | 26.3% | ||
| Q4 24 | -7.6% | — | ||
| Q3 24 | -7.7% | 1.0% | ||
| Q2 24 | -16.1% | 6.6% | ||
| Q1 24 | -21.4% | 22.5% |
资本支出强度FATOS
| Q4 25 | — | 0.1% | ||
| Q3 25 | 1.7% | 0.1% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 3.2% | 0.3% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 5.5% | 0.8% | ||
| Q2 24 | 6.7% | 0.3% | ||
| Q1 24 | 2.7% | 0.6% |
现金转化率FATOS
| Q4 25 | — | 25.79× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
