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FMC CORP（FMC）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是FMC CORP的1.8倍（$1.4B vs $759.0M），ROKU, INC净利率更高（5.8% vs -37.0%，领先42.8%），ROKU, INC同比增速更快（16.1% vs -4.0%），ROKU, INC自由现金流更多（$106.6M vs $-628.1M），过去两年ROKU, INC的营收复合增速更高（25.8% vs -14.5%）
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
FMC vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.8倍
$759.0M
营收增速更快
ROKU
高出20.2%
-4.0%
净利率更高
ROKU
高出42.8%
-37.0%
自由现金流更多
ROKU
多$734.7M
$-628.1M
两年增速更快
ROKU
近两年复合增速
-14.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $759.0M | $1.4B |
| 净利润 | $-281.2M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | -10.6% | 4.7% |
| 净利率 | -37.0% | 5.8% |
| 营收同比 | -4.0% | 16.1% |
| 净利润同比 | — | 326.4% |
| 每股收益（稀释后） | $-2.25 | $0.55 |
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FMCROKU
| Q1 26 | $759.0M | — | ||
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $542.2M | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $791.4M | $1.0B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.0B | $968.2M |
净利润FMCROKU
| Q1 26 | $-281.2M | — | ||
| Q4 25 | $-1.7B | $80.5M | ||
| Q3 25 | $-569.3M | $24.8M | ||
| Q2 25 | $66.7M | $10.5M | ||
| Q1 25 | $-15.5M | $-27.4M | ||
| Q4 24 | $-16.3M | $-35.5M | ||
| Q3 24 | $65.0M | $-9.0M | ||
| Q2 24 | $295.1M | $-34.0M |
毛利率FMCROKU
| Q1 26 | — | — | ||
| Q4 25 | 39.8% | 43.5% | ||
| Q3 25 | 23.8% | 43.4% | ||
| Q2 25 | 38.7% | 44.8% | ||
| Q1 25 | 40.0% | 43.6% | ||
| Q4 24 | 42.9% | 42.7% | ||
| Q3 24 | 36.3% | 45.2% | ||
| Q2 24 | 38.3% | 43.9% |
营业利润率FMCROKU
| Q1 26 | -10.6% | — | ||
| Q4 25 | -130.8% | 4.7% | ||
| Q3 25 | -73.1% | 0.8% | ||
| Q2 25 | 12.0% | -2.1% | ||
| Q1 25 | 7.4% | -5.7% | ||
| Q4 24 | 19.2% | -3.3% | ||
| Q3 24 | 12.7% | -3.4% | ||
| Q2 24 | 6.0% | -7.4% |
净利率FMCROKU
| Q1 26 | -37.0% | — | ||
| Q4 25 | -158.8% | 5.8% | ||
| Q3 25 | -105.0% | 2.0% | ||
| Q2 25 | 6.3% | 0.9% | ||
| Q1 25 | -2.0% | -2.7% | ||
| Q4 24 | -1.3% | -3.0% | ||
| Q3 24 | 6.1% | -0.9% | ||
| Q2 24 | 28.4% | -3.5% |
每股收益（稀释后）FMCROKU
| Q1 26 | $-2.25 | — | ||
| Q4 25 | $-13.77 | $0.55 | ||
| Q3 25 | $-4.52 | $0.16 | ||
| Q2 25 | $0.53 | $0.07 | ||
| Q1 25 | $-0.12 | $-0.19 | ||
| Q4 24 | $-0.13 | $-0.24 | ||
| Q3 24 | $0.52 | $-0.06 | ||
| Q2 24 | $2.35 | $-0.24 |
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 | $390.9M | $2.3B |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.8B | $2.7B |
| 总资产 | $9.4B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.50× | — |
8季度趋势，按日历期对齐
现金及短期投资FMCROKU
| Q1 26 | $390.9M | — | ||
| Q4 25 | $584.5M | $2.3B | ||
| Q3 25 | $497.7M | $2.3B | ||
| Q2 25 | $438.2M | $2.3B | ||
| Q1 25 | $315.3M | $2.3B | ||
| Q4 24 | $357.3M | $2.2B | ||
| Q3 24 | $416.7M | $2.1B | ||
| Q2 24 | $471.5M | $2.1B |
总债务FMCROKU
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.1B | — |
股东权益FMCROKU
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $3.8B | $2.6B | ||
| Q2 25 | $4.4B | $2.6B | ||
| Q1 25 | $4.4B | $2.5B | ||
| Q4 24 | $4.5B | $2.5B | ||
| Q3 24 | $4.6B | $2.5B | ||
| Q2 24 | $4.6B | $2.4B |
总资产FMCROKU
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.7B | $4.4B | ||
| Q3 25 | $12.1B | $4.4B | ||
| Q2 25 | $12.3B | $4.3B | ||
| Q1 25 | $11.8B | $4.2B | ||
| Q4 24 | $11.7B | $4.3B | ||
| Q3 24 | $12.2B | $4.3B | ||
| Q2 24 | $12.1B | $4.1B |
负债/权益比FMCROKU
| Q1 26 | 1.50× | — | ||
| Q4 25 | 1.62× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.68× | — |
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 | — | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $-628.1M | $106.6M |
| 自由现金流率自由现金流/营收 | -82.8% | 7.6% |
| 资本支出强度资本支出/营收 | 2.2% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 1.34× |
| 过去12个月自由现金流最近4个季度 | $-154.0M | $478.4M |
8季度趋势，按日历期对齐
经营现金流FMCROKU
| Q1 26 | — | — | ||
| Q4 25 | $657.1M | $107.7M | ||
| Q3 25 | $-184.2M | $127.6M | ||
| Q2 25 | $65.9M | $109.7M | ||
| Q1 25 | $-545.0M | $138.7M | ||
| Q4 24 | $427.9M | $79.3M | ||
| Q3 24 | $159.5M | $68.7M | ||
| Q2 24 | $292.2M | $23.4M |
自由现金流FMCROKU
| Q1 26 | $-628.1M | — | ||
| Q4 25 | $631.1M | $106.6M | ||
| Q3 25 | $-207.9M | $126.5M | ||
| Q2 25 | $50.9M | $108.6M | ||
| Q1 25 | $-576.6M | $136.8M | ||
| Q4 24 | $406.3M | $76.8M | ||
| Q3 24 | $143.8M | $67.6M | ||
| Q2 24 | $282.3M | $22.5M |
自由现金流率FMCROKU
| Q1 26 | -82.8% | — | ||
| Q4 25 | 58.3% | 7.6% | ||
| Q3 25 | -38.3% | 10.4% | ||
| Q2 25 | 4.8% | 9.8% | ||
| Q1 25 | -72.9% | 13.4% | ||
| Q4 24 | 33.2% | 6.4% | ||
| Q3 24 | 13.5% | 6.4% | ||
| Q2 24 | 27.2% | 2.3% |
资本支出强度FMCROKU
| Q1 26 | 2.2% | — | ||
| Q4 25 | 2.4% | 0.1% | ||
| Q3 25 | 4.4% | 0.1% | ||
| Q2 25 | 1.4% | 0.1% | ||
| Q1 25 | 4.0% | 0.2% | ||
| Q4 24 | 1.8% | 0.2% | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 1.0% | 0.1% |
现金转化率FMCROKU
| Q1 26 | — | — | ||
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 5.14× | ||
| Q2 25 | 0.99× | 10.45× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.45× | — | ||
| Q2 24 | 0.99× | — |
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
FMC
| EMEA | $307.0M | 40% |
| North America | $198.0M | 26% |
| Latin America | $177.0M | 23% |
| Asia (excluding 2026 India) 1 | $81.0M | 11% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
