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进步能源（FLNC）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是进步能源的1.5倍（$725.6M vs $475.2M），Reddit, Inc.净利率更高（34.7% vs -9.5%，领先44.2%），进步能源同比增速更快（154.4% vs 69.7%），Reddit, Inc.自由现金流更多（$263.6M vs $-232.6M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -12.7%）
进步能源是一家电力生产与分销企业，并入杜克能源前为财富500强能源企业，总发电容量超21000兆瓦，年营收达90亿美元。公司总部位于北卡罗来纳州罗利，旗下拥有两家大型电力公用事业公司，为卡罗来纳州及佛罗里达州约310万用户提供服务。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
FLNC vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.5倍
$475.2M
营收增速更快
FLNC
高出84.8%
69.7%
净利率更高
RDDT
高出44.2%
-9.5%
自由现金流更多
RDDT
多$496.3M
$-232.6M
两年增速更快
RDDT
近两年复合增速
-12.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.2M | $725.6M |
| 净利润 | $-45.1M | $251.6M |
| 毛利率 | 4.9% | 91.9% |
| 营业利润率 | -14.8% | 31.9% |
| 净利率 | -9.5% | 34.7% |
| 营收同比 | 154.4% | 69.7% |
| 净利润同比 | -8.7% | 254.2% |
| 每股收益（稀释后） | $-0.34 | $1.24 |
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FLNCRDDT
| Q4 25 | $475.2M | $725.6M | ||
| Q3 25 | $1.0B | $584.9M | ||
| Q2 25 | $602.5M | $499.6M | ||
| Q1 25 | $431.6M | $392.4M | ||
| Q4 24 | $186.8M | $427.7M | ||
| Q3 24 | $1.2B | $348.4M | ||
| Q2 24 | $483.3M | $281.2M | ||
| Q1 24 | $623.1M | $243.0M |
净利润FLNCRDDT
| Q4 25 | $-45.1M | $251.6M | ||
| Q3 25 | $17.9M | $162.7M | ||
| Q2 25 | $6.3M | $89.3M | ||
| Q1 25 | $-31.0M | $26.2M | ||
| Q4 24 | $-41.5M | $71.0M | ||
| Q3 24 | $47.8M | $29.9M | ||
| Q2 24 | $785.0K | $-10.1M | ||
| Q1 24 | $-9.2M | $-575.1M |
毛利率FLNCRDDT
| Q4 25 | 4.9% | 91.9% | ||
| Q3 25 | 13.7% | 91.0% | ||
| Q2 25 | 14.8% | 90.8% | ||
| Q1 25 | 9.9% | 90.5% | ||
| Q4 24 | 11.4% | 92.6% | ||
| Q3 24 | 12.8% | 90.1% | ||
| Q2 24 | 17.2% | 89.5% | ||
| Q1 24 | 10.3% | 88.6% |
营业利润率FLNCRDDT
| Q4 25 | -14.8% | 31.9% | ||
| Q3 25 | 4.4% | 23.7% | ||
| Q2 25 | 1.9% | 13.6% | ||
| Q1 25 | -10.2% | 1.0% | ||
| Q4 24 | -31.4% | 12.4% | ||
| Q3 24 | 6.2% | 2.0% | ||
| Q2 24 | 1.1% | -11.0% | ||
| Q1 24 | -2.3% | -242.5% |
净利率FLNCRDDT
| Q4 25 | -9.5% | 34.7% | ||
| Q3 25 | 1.7% | 27.8% | ||
| Q2 25 | 1.0% | 17.9% | ||
| Q1 25 | -7.2% | 6.7% | ||
| Q4 24 | -22.2% | 16.6% | ||
| Q3 24 | 3.9% | 8.6% | ||
| Q2 24 | 0.2% | -3.6% | ||
| Q1 24 | -1.5% | -236.7% |
每股收益（稀释后）FLNCRDDT
| Q4 25 | $-0.34 | $1.24 | ||
| Q3 25 | $0.18 | $0.80 | ||
| Q2 25 | $0.01 | $0.45 | ||
| Q1 25 | $-0.24 | $0.13 | ||
| Q4 24 | $-0.32 | $4.76 | ||
| Q3 24 | $0.34 | $0.16 | ||
| Q2 24 | $0.00 | $-0.06 | ||
| Q1 24 | $-0.07 | $-8.19 |
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 | $452.6M | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $388.0M | $2.9B |
| 总资产 | $2.3B | $3.2B |
| 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FLNCRDDT
| Q4 25 | $452.6M | $953.6M | ||
| Q3 25 | $690.8M | $911.7M | ||
| Q2 25 | $436.3M | $734.1M | ||
| Q1 25 | $568.6M | $635.7M | ||
| Q4 24 | $607.4M | $562.1M | ||
| Q3 24 | $448.7M | $515.9M | ||
| Q2 24 | $388.2M | $468.0M | ||
| Q1 24 | $411.8M | $968.5M |
股东权益FLNCRDDT
| Q4 25 | $388.0M | $2.9B | ||
| Q3 25 | $429.6M | $2.6B | ||
| Q2 25 | $407.4M | $2.4B | ||
| Q1 25 | $388.2M | $2.2B | ||
| Q4 24 | $409.4M | $2.1B | ||
| Q3 24 | $472.1M | $2.0B | ||
| Q2 24 | $421.2M | $1.9B | ||
| Q1 24 | $413.1M | $1.8B |
总资产FLNCRDDT
| Q4 25 | $2.3B | $3.2B | ||
| Q3 25 | $2.4B | $2.9B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.3B | $2.4B | ||
| Q4 24 | $2.2B | $2.3B | ||
| Q3 24 | $1.9B | $2.2B | ||
| Q2 24 | $1.7B | $2.1B | ||
| Q1 24 | $1.5B | $2.0B |
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 | $-226.8M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-232.6M | $263.6M |
| 自由现金流率自由现金流/营收 | -48.9% | 36.3% |
| 资本支出强度资本支出/营收 | 1.2% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $-179.7M | $684.2M |
8季度趋势，按日历期对齐
经营现金流FLNCRDDT
| Q4 25 | $-226.8M | $266.8M | ||
| Q3 25 | $265.7M | $185.2M | ||
| Q2 25 | $-153.9M | $111.3M | ||
| Q1 25 | $-46.2M | $127.6M | ||
| Q4 24 | $-211.2M | $90.0M | ||
| Q3 24 | $10.5M | $71.6M | ||
| Q2 24 | $-21.1M | $28.4M | ||
| Q1 24 | $70.9M | $32.1M |
自由现金流FLNCRDDT
| Q4 25 | $-232.6M | $263.6M | ||
| Q3 25 | $260.9M | $183.1M | ||
| Q2 25 | $-157.4M | $110.8M | ||
| Q1 25 | $-50.5M | $126.6M | ||
| Q4 24 | $-213.3M | $89.2M | ||
| Q3 24 | $7.3M | $70.3M | ||
| Q2 24 | $-23.5M | $27.2M | ||
| Q1 24 | $69.9M | $29.2M |
自由现金流率FLNCRDDT
| Q4 25 | -48.9% | 36.3% | ||
| Q3 25 | 25.0% | 31.3% | ||
| Q2 25 | -26.1% | 22.2% | ||
| Q1 25 | -11.7% | 32.3% | ||
| Q4 24 | -114.2% | 20.8% | ||
| Q3 24 | 0.6% | 20.2% | ||
| Q2 24 | -4.9% | 9.7% | ||
| Q1 24 | 11.2% | 12.0% |
资本支出强度FLNCRDDT
| Q4 25 | 1.2% | 0.4% | ||
| Q3 25 | 0.5% | 0.4% | ||
| Q2 25 | 0.6% | 0.1% | ||
| Q1 25 | 1.0% | 0.2% | ||
| Q4 24 | 1.1% | 0.2% | ||
| Q3 24 | 0.3% | 0.4% | ||
| Q2 24 | 0.5% | 0.4% | ||
| Q1 24 | 0.2% | 1.2% |
现金转化率FLNCRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | 14.81× | 1.14× | ||
| Q2 25 | -24.61× | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 0.22× | 2.40× | ||
| Q2 24 | -26.87× | — | ||
| 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
FLNC
| Products | $450.9M | 95% |
| Services | $22.5M | 5% |
| Digital Applications And Solutions | $1.9M | 0% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
