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Flutter Entertainment plc（FLUT）与艾玛迪斯（GDS）财务数据对比。点击上方公司名可切换其他公司
Flutter Entertainment plc的季度营收约是艾玛迪斯的11.7倍（$4.7B vs $405.6M）。Flutter Entertainment plc净利率更高（0.2% vs -0.1%，领先0.3%）。Flutter Entertainment plc自由现金流更多（$392.0M vs $-96.3M）
Flutter Entertainment plc是爱尔兰裔美国跨国体育博彩及娱乐博彩企业，于纽约证券交易所主上市，同时在伦敦证券交易所第二上市，旗下拥有Betfair、FanDuel、Paddy Power、PokerStars、Sky Betting & Gaming、Sportsbet等知名品牌，是全球规模最大的在线博彩运营商。
西班牙跨国科技企业艾玛迪斯是全球领先的旅游技术服务商，面向航空、酒店、旅行社等各类旅游相关企业提供定制化软件解决方案，业务覆盖全球市场，助力旅游行业客户优化运营效率、提升服务体验。
FLUT vs GDS — 直观对比
营收规模更大
FLUT
是对方的11.7倍
$405.6M
净利率更高
FLUT
高出0.3%
-0.1%
自由现金流更多
FLUT
多$488.3M
$-96.3M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $405.6M |
| 净利润 | $10.0M | $-373.0K |
| 毛利率 | 44.5% | 22.1% |
| 营业利润率 | 5.4% | — |
| 净利率 | 0.2% | -0.1% |
| 营收同比 | 24.9% | — |
| 净利润同比 | -93.6% | — |
| 每股收益（稀释后） | $0.00 | — |
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FLUTGDS
| Q4 25 | $4.7B | — | ||
| Q3 25 | $3.8B | $405.6M | ||
| Q2 25 | $4.2B | $404.9M | ||
| Q1 25 | $3.7B | $375.3M | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.2B | $422.6M | ||
| Q2 24 | $3.6B | $388.9M | ||
| Q1 24 | $3.4B | $363.9M |
净利润FLUTGDS
| Q4 25 | $10.0M | — | ||
| Q3 25 | $-789.0M | $-373.0K | ||
| Q2 25 | $37.0M | $-240.0K | ||
| Q1 25 | $335.0M | $-145.0K | ||
| Q4 24 | $156.0M | — | ||
| Q3 24 | $-114.0M | $-32.9M | ||
| Q2 24 | $297.0M | $-31.9M | ||
| Q1 24 | $-177.0M | $-47.8M |
毛利率FLUTGDS
| Q4 25 | 44.5% | — | ||
| Q3 25 | 42.9% | 22.1% | ||
| Q2 25 | 46.8% | 23.8% | ||
| Q1 25 | 46.6% | 23.7% | ||
| Q4 24 | 48.2% | — | ||
| Q3 24 | 46.1% | 22.2% | ||
| Q2 24 | 49.2% | 22.6% | ||
| Q1 24 | 47.2% | 21.8% |
营业利润率FLUTGDS
| Q4 25 | 5.4% | — | ||
| Q3 25 | -22.0% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 3.0% | 10.8% | ||
| Q2 24 | 10.2% | 11.2% | ||
| Q1 24 | 3.7% | 8.3% |
净利率FLUTGDS
| Q4 25 | 0.2% | — | ||
| Q3 25 | -20.8% | -0.1% | ||
| Q2 25 | 0.9% | -0.1% | ||
| Q1 25 | 9.1% | -0.0% | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | -3.5% | -7.8% | ||
| Q2 24 | 8.2% | -8.2% | ||
| Q1 24 | -5.2% | -13.1% |
每股收益（稀释后）FLUTGDS
| Q4 25 | $0.00 | — | ||
| Q3 25 | $-3.91 | — | ||
| Q2 25 | $0.59 | — | ||
| Q1 25 | $1.57 | — | ||
| Q4 24 | $0.47 | — | ||
| Q3 24 | $-0.58 | — | ||
| Q2 24 | $1.45 | — | ||
| Q1 24 | $-1.10 | — |
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 | $1.8B | — |
| 总债务越低越好 | $12.3B | — |
| 股东权益账面价值 | $9.0B | $3.6B |
| 总资产 | $29.3B | $11.0B |
| 负债/权益比越低杠杆越低 | 1.36× | — |
8季度趋势，按日历期对齐
现金及短期投资FLUTGDS
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.4B | — |
总债务FLUTGDS
| Q4 25 | $12.3B | — | ||
| Q3 25 | $12.1B | — | ||
| Q2 25 | $10.0B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.9B | — | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | $6.8B | — |
股东权益FLUTGDS
| Q4 25 | $9.0B | — | ||
| Q3 25 | $9.2B | $3.6B | ||
| Q2 25 | $10.2B | $3.4B | ||
| Q1 25 | $9.9B | $3.2B | ||
| Q4 24 | $9.3B | — | ||
| Q3 24 | $10.2B | $2.7B | ||
| Q2 24 | $9.9B | $2.6B | ||
| Q1 24 | $9.5B | $2.6B |
总资产FLUTGDS
| Q4 25 | $29.3B | — | ||
| Q3 25 | $29.3B | $11.0B | ||
| Q2 25 | $29.9B | $11.1B | ||
| Q1 25 | $24.8B | $10.1B | ||
| Q4 24 | $24.5B | — | ||
| Q3 24 | $25.5B | $11.7B | ||
| Q2 24 | $24.3B | $10.9B | ||
| Q1 24 | $24.4B | $10.5B |
负债/权益比FLUTGDS
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 0.72× | — |
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 | $428.0M | $103.5M |
| 自由现金流经营现金流 - 资本支出 | $392.0M | $-96.3M |
| 自由现金流率自由现金流/营收 | 8.3% | -23.7% |
| 资本支出强度资本支出/营收 | 0.8% | 49.2% |
| 现金转化率经营现金流/净利润 | 42.80× | — |
| 过去12个月自由现金流最近4个季度 | $1.1B | — |
8季度趋势，按日历期对齐
经营现金流FLUTGDS
| Q4 25 | $428.0M | — | ||
| Q3 25 | $209.0M | $103.5M | ||
| Q2 25 | $359.0M | $120.8M | ||
| Q1 25 | $188.0M | — | ||
| Q4 24 | $652.0M | — | ||
| Q3 24 | $290.0M | $91.4M | ||
| Q2 24 | $323.0M | — | ||
| Q1 24 | $337.0M | — |
自由现金流FLUTGDS
| Q4 25 | $392.0M | — | ||
| Q3 25 | $196.0M | $-96.3M | ||
| Q2 25 | $322.0M | $-55.8M | ||
| Q1 25 | $169.0M | — | ||
| Q4 24 | $595.0M | — | ||
| Q3 24 | $253.0M | $-321.7M | ||
| Q2 24 | $295.0M | — | ||
| Q1 24 | $315.0M | — |
自由现金流率FLUTGDS
| Q4 25 | 8.3% | — | ||
| Q3 25 | 5.2% | -23.7% | ||
| Q2 25 | 7.7% | -13.8% | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 7.8% | -76.1% | ||
| Q2 24 | 8.2% | — | ||
| Q1 24 | 9.3% | — |
资本支出强度FLUTGDS
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.3% | 49.2% | ||
| Q2 25 | 0.9% | 43.6% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.1% | 97.7% | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 0.6% | — |
现金转化率FLUTGDS
| Q4 25 | 42.80× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 9.70× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 4.18× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.09× | — | ||
| 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
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
GDS
| Service revenue | $405.5M | 100% |
| Equipment sales | $2.8M | 1% |
