vs
FIVE BELOW, INC（FIVE）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
罗布乐思的季度营收约是FIVE BELOW, INC的1.4倍（$1.4B vs $1.0B），FIVE BELOW, INC净利率更高（3.5% vs -22.3%，领先25.8%），罗布乐思同比增速更快（43.2% vs 23.1%），罗布乐思自由现金流更多（$308.6M vs $-133.2M），过去两年罗布乐思的营收复合增速更高（32.9% vs -11.9%）
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
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。
FIVE vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.4倍
$1.0B
营收增速更快
RBLX
高出20.1%
23.1%
净利率更高
FIVE
高出25.8%
-22.3%
自由现金流更多
RBLX
多$441.7M
$-133.2M
两年增速更快
RBLX
近两年复合增速
-11.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.4B |
| 净利润 | $36.5M | $-316.0M |
| 毛利率 | 33.8% | 77.7% |
| 营业利润率 | 4.2% | -25.3% |
| 净利率 | 3.5% | -22.3% |
| 营收同比 | 23.1% | 43.2% |
| 净利润同比 | 2063.9% | -43.9% |
| 每股收益（稀释后） | $0.66 | $-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FIVERBLX
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $970.5M | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $843.7M | $988.2M | ||
| Q3 24 | $830.1M | $919.0M | ||
| Q2 24 | $811.9M | $893.5M | ||
| Q1 24 | $1.3B | $801.3M |
净利润FIVERBLX
| Q4 25 | $36.5M | $-316.0M | ||
| Q3 25 | $42.8M | $-255.6M | ||
| Q2 25 | $41.1M | $-278.4M | ||
| Q1 25 | $187.5M | $-215.1M | ||
| Q4 24 | $1.7M | $-219.6M | ||
| Q3 24 | $33.0M | $-239.3M | ||
| Q2 24 | $31.5M | $-205.9M | ||
| Q1 24 | $202.2M | $-270.6M |
毛利率FIVERBLX
| Q4 25 | 33.8% | 77.7% | ||
| Q3 25 | 33.3% | 78.2% | ||
| Q2 25 | 33.4% | 78.2% | ||
| Q1 25 | 40.2% | 78.3% | ||
| Q4 24 | 30.6% | 77.9% | ||
| Q3 24 | 32.7% | 77.7% | ||
| Q2 24 | 32.5% | 77.8% | ||
| Q1 24 | 41.2% | 77.7% |
营业利润率FIVERBLX
| Q4 25 | 4.2% | -25.3% | ||
| Q3 25 | 5.1% | -21.8% | ||
| Q2 25 | 5.2% | -29.8% | ||
| Q1 25 | 17.7% | -24.6% | ||
| Q4 24 | -0.1% | -24.7% | ||
| Q3 24 | 5.0% | -30.4% | ||
| Q2 24 | 4.5% | -26.6% | ||
| Q1 24 | 20.1% | -37.7% |
净利率FIVERBLX
| Q4 25 | 3.5% | -22.3% | ||
| Q3 25 | 4.2% | -18.8% | ||
| Q2 25 | 4.2% | -25.8% | ||
| Q1 25 | 13.5% | -20.8% | ||
| Q4 24 | 0.2% | -22.2% | ||
| Q3 24 | 4.0% | -26.0% | ||
| Q2 24 | 3.9% | -23.0% | ||
| Q1 24 | 15.1% | -33.8% |
每股收益（稀释后）FIVERBLX
| Q4 25 | $0.66 | $-0.44 | ||
| Q3 25 | $0.77 | $-0.37 | ||
| Q2 25 | $0.75 | $-0.41 | ||
| Q1 25 | $3.40 | $-0.32 | ||
| Q4 24 | $0.03 | $-0.32 | ||
| Q3 24 | $0.60 | $-0.37 | ||
| Q2 24 | $0.57 | $-0.32 | ||
| Q1 24 | $3.64 | $-0.43 |
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 | $524.5M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $2.0B | $394.5M |
| 总资产 | $4.8B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资FIVERBLX
| Q4 25 | $524.5M | $3.1B | ||
| Q3 25 | $670.2M | $2.9B | ||
| Q2 25 | $624.0M | $2.6B | ||
| Q1 25 | $528.8M | $2.7B | ||
| Q4 24 | $216.6M | $2.4B | ||
| Q3 24 | $327.7M | $2.3B | ||
| Q2 24 | $369.6M | $2.4B | ||
| Q1 24 | $460.1M | $2.4B |
总债务FIVERBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FIVERBLX
| Q4 25 | $2.0B | $394.5M | ||
| Q3 25 | $1.9B | $407.6M | ||
| Q2 25 | $1.9B | $353.2M | ||
| Q1 25 | $1.8B | $310.7M | ||
| Q4 24 | $1.6B | $221.4M | ||
| Q3 24 | $1.6B | $189.9M | ||
| Q2 24 | $1.6B | $121.5M | ||
| Q1 24 | $1.6B | $71.6M |
总资产FIVERBLX
| Q4 25 | $4.8B | $9.6B | ||
| Q3 25 | $4.6B | $8.6B | ||
| Q2 25 | $4.5B | $7.8B | ||
| Q1 25 | $4.3B | $7.5B | ||
| Q4 24 | $4.2B | $7.2B | ||
| Q3 24 | $4.0B | $6.7B | ||
| Q2 24 | $3.9B | $6.5B | ||
| Q1 24 | $3.9B | $6.3B |
负债/权益比FIVERBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 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 | $-80.1M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $-133.2M | $308.6M |
| 自由现金流率自由现金流/营收 | -12.8% | 21.8% |
| 资本支出强度资本支出/营收 | 5.1% | 21.1% |
| 现金转化率经营现金流/净利润 | -2.19× | — |
| 过去12个月自由现金流最近4个季度 | $323.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流FIVERBLX
| Q4 25 | $-80.1M | $607.0M | ||
| Q3 25 | $93.0M | $546.2M | ||
| Q2 25 | $132.7M | $199.3M | ||
| Q1 25 | $363.5M | $443.9M | ||
| Q4 24 | $-30.6M | $184.5M | ||
| Q3 24 | $71.3M | $247.4M | ||
| Q2 24 | $26.4M | $151.4M | ||
| Q1 24 | $407.7M | $238.9M |
自由现金流FIVERBLX
| Q4 25 | $-133.2M | $308.6M | ||
| Q3 25 | $48.3M | $443.6M | ||
| Q2 25 | $96.5M | $176.7M | ||
| Q1 25 | $311.4M | $426.5M | ||
| Q4 24 | $-111.0M | $120.6M | ||
| Q3 24 | $-32.4M | $218.0M | ||
| Q2 24 | $-61.4M | $111.7M | ||
| Q1 24 | $304.6M | $192.3M |
自由现金流率FIVERBLX
| Q4 25 | -12.8% | 21.8% | ||
| Q3 25 | 4.7% | 32.6% | ||
| Q2 25 | 9.9% | 16.3% | ||
| Q1 25 | 22.4% | 41.2% | ||
| Q4 24 | -13.2% | 12.2% | ||
| Q3 24 | -3.9% | 23.7% | ||
| Q2 24 | -7.6% | 12.5% | ||
| Q1 24 | 22.8% | 24.0% |
资本支出强度FIVERBLX
| Q4 25 | 5.1% | 21.1% | ||
| Q3 25 | 4.4% | 7.5% | ||
| Q2 25 | 3.7% | 2.1% | ||
| Q1 25 | 3.7% | 1.7% | ||
| Q4 24 | 9.5% | 6.5% | ||
| Q3 24 | 12.5% | 3.2% | ||
| Q2 24 | 10.8% | 4.4% | ||
| Q1 24 | 7.7% | 5.8% |
现金转化率FIVERBLX
| Q4 25 | -2.19× | — | ||
| Q3 25 | 2.17× | — | ||
| Q2 25 | 3.22× | — | ||
| Q1 25 | 1.94× | — | ||
| Q4 24 | -18.13× | — | ||
| Q3 24 | 2.16× | — | ||
| Q2 24 | 0.84× | — | ||
| Q1 24 | 2.02× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
