vs
Funko, Inc.（FNKO）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是Funko, Inc.的1.7倍（$461.6M vs $273.1M），RBC Bearings INC净利率更高（14.6% vs -0.1%，领先14.7%），RBC Bearings INC同比增速更快（17.0% vs -7.0%），RBC Bearings INC自由现金流更多（$99.1M vs $19.2M），过去两年Funko, Inc.的营收复合增速更高（12.5% vs 5.6%）
Funko是一家美国知名流行文化周边收藏品牌，主打获得IP授权的限量收藏商品，以 vinyl 搪胶收藏人偶和摇头公仔闻名，同时也生产授权毛绒玩具、可动玩偶、服饰、配件及周边桌游。该品牌由迈克·贝克尔与克劳迪娅·贝克尔于1998年创立，最初只是主打复古怀旧风的小型手工玩具项目。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
FNKO vs RBC — 直观对比
营收规模更大
RBC
是对方的1.7倍
$273.1M
营收增速更快
RBC
高出24.1%
-7.0%
净利率更高
RBC
高出14.7%
-0.1%
自由现金流更多
RBC
多$79.9M
$19.2M
两年增速更快
FNKO
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.1M | $461.6M |
| 净利润 | $-183.0K | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 2.2% | 22.3% |
| 净利率 | -0.1% | 14.6% |
| 营收同比 | -7.0% | 17.0% |
| 净利润同比 | 87.8% | 16.4% |
| 每股收益（稀释后） | $0.00 | $2.13 |
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FNKORBC
| Q4 25 | $273.1M | $461.6M | ||
| Q3 25 | $250.9M | $455.3M | ||
| Q2 25 | $193.5M | $436.0M | ||
| Q1 25 | $190.7M | $437.7M | ||
| Q4 24 | $293.7M | $394.4M | ||
| Q3 24 | $292.8M | $397.9M | ||
| Q2 24 | $247.7M | $406.3M | ||
| Q1 24 | $215.7M | $413.7M |
净利润FNKORBC
| Q4 25 | $-183.0K | $67.4M | ||
| Q3 25 | $901.0K | $60.0M | ||
| Q2 25 | $-40.5M | $68.5M | ||
| Q1 25 | $-27.6M | $72.7M | ||
| Q4 24 | $-1.5M | $57.9M | ||
| Q3 24 | $4.3M | $54.2M | ||
| Q2 24 | $5.1M | $61.4M | ||
| Q1 24 | $-22.7M | — |
毛利率FNKORBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | 40.9% | 43.7% | ||
| Q2 24 | 42.0% | 45.3% | ||
| Q1 24 | 40.0% | 43.1% |
营业利润率FNKORBC
| Q4 25 | 2.2% | 22.3% | ||
| Q3 25 | 2.6% | 21.5% | ||
| Q2 25 | -18.0% | 23.2% | ||
| Q1 25 | -12.2% | 23.0% | ||
| Q4 24 | 1.8% | 21.7% | ||
| Q3 24 | 4.0% | 21.6% | ||
| Q2 24 | 4.3% | 24.0% | ||
| Q1 24 | -6.9% | 22.8% |
净利率FNKORBC
| Q4 25 | -0.1% | 14.6% | ||
| Q3 25 | 0.4% | 13.2% | ||
| Q2 25 | -20.9% | 15.7% | ||
| Q1 25 | -14.5% | 16.6% | ||
| Q4 24 | -0.5% | 14.7% | ||
| Q3 24 | 1.5% | 13.6% | ||
| Q2 24 | 2.1% | 15.1% | ||
| Q1 24 | -10.5% | — |
每股收益（稀释后）FNKORBC
| Q4 25 | $0.00 | $2.13 | ||
| Q3 25 | $0.02 | $1.90 | ||
| Q2 25 | $-0.74 | $2.17 | ||
| Q1 25 | $-0.52 | $2.33 | ||
| Q4 24 | $-0.01 | $1.82 | ||
| Q3 24 | $0.08 | $1.65 | ||
| Q2 24 | $0.10 | $1.90 | ||
| Q1 24 | $-0.45 | $1.92 |
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 | $42.1M | $107.6M |
| 总债务越低越好 | $100.3M | $990.2M |
| 股东权益账面价值 | $185.8M | $3.3B |
| 总资产 | $685.2M | $5.1B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资FNKORBC
| Q4 25 | $42.1M | $107.6M | ||
| Q3 25 | $39.2M | $91.2M | ||
| Q2 25 | $49.2M | $132.9M | ||
| Q1 25 | $25.9M | $36.8M | ||
| Q4 24 | $34.7M | — | ||
| Q3 24 | $28.5M | — | ||
| Q2 24 | $41.6M | $76.8M | ||
| Q1 24 | $26.1M | $63.5M |
总债务FNKORBC
| Q4 25 | $100.3M | $990.2M | ||
| Q3 25 | $106.0M | $1.1B | ||
| Q2 25 | $111.6M | $915.6M | ||
| Q1 25 | $117.2M | $920.1M | ||
| Q4 24 | $122.8M | — | ||
| Q3 24 | $128.4M | — | ||
| Q2 24 | $133.9M | — | ||
| Q1 24 | $139.4M | $1.2B |
股东权益FNKORBC
| Q4 25 | $185.8M | $3.3B | ||
| Q3 25 | $182.7M | $3.2B | ||
| Q2 25 | $181.2M | $3.1B | ||
| Q1 25 | $212.8M | $3.0B | ||
| Q4 24 | $233.0M | $2.9B | ||
| Q3 24 | $236.5M | $2.9B | ||
| Q2 24 | $223.5M | $2.8B | ||
| Q1 24 | $212.5M | $2.8B |
总资产FNKORBC
| Q4 25 | $685.2M | $5.1B | ||
| Q3 25 | $699.3M | $5.1B | ||
| Q2 25 | $694.9M | $4.8B | ||
| Q1 25 | $648.4M | $4.7B | ||
| Q4 24 | $707.3M | $4.7B | ||
| Q3 24 | $783.6M | $4.7B | ||
| Q2 24 | $737.8M | $4.7B | ||
| Q1 24 | $725.5M | $4.7B |
负债/权益比FNKORBC
| Q4 25 | 0.54× | 0.30× | ||
| Q3 25 | 0.58× | 0.34× | ||
| Q2 25 | 0.62× | 0.29× | ||
| Q1 25 | 0.55× | 0.30× | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.60× | — | ||
| Q1 24 | 0.66× | 0.43× |
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 | $28.1M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $19.2M | $99.1M |
| 自由现金流率自由现金流/营收 | 7.0% | 21.5% |
| 资本支出强度资本支出/营收 | 3.3% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $-38.1M | — |
8季度趋势，按日历期对齐
经营现金流FNKORBC
| Q4 25 | $28.1M | $122.1M | ||
| Q3 25 | $11.2M | $88.4M | ||
| Q2 25 | $-22.2M | $120.0M | ||
| Q1 25 | $-22.3M | — | ||
| Q4 24 | $59.8M | $84.0M | ||
| Q3 24 | $3.3M | — | ||
| Q2 24 | $45.9M | $97.4M | ||
| Q1 24 | $14.5M | — |
自由现金流FNKORBC
| Q4 25 | $19.2M | $99.1M | ||
| Q3 25 | $3.4M | $71.7M | ||
| Q2 25 | $-31.8M | $104.3M | ||
| Q1 25 | $-28.8M | — | ||
| Q4 24 | $47.8M | $73.6M | ||
| Q3 24 | $-4.2M | — | ||
| Q2 24 | $36.8M | $88.4M | ||
| Q1 24 | $10.3M | — |
自由现金流率FNKORBC
| Q4 25 | 7.0% | 21.5% | ||
| Q3 25 | 1.3% | 15.7% | ||
| Q2 25 | -16.5% | 23.9% | ||
| Q1 25 | -15.1% | — | ||
| Q4 24 | 16.3% | 18.7% | ||
| Q3 24 | -1.4% | — | ||
| Q2 24 | 14.9% | 21.8% | ||
| Q1 24 | 4.8% | — |
资本支出强度FNKORBC
| Q4 25 | 3.3% | 5.0% | ||
| Q3 25 | 3.1% | 3.7% | ||
| Q2 25 | 5.0% | 3.6% | ||
| Q1 25 | 3.4% | 3.2% | ||
| Q4 24 | 4.1% | 2.6% | ||
| Q3 24 | 2.6% | 4.1% | ||
| Q2 24 | 3.7% | 2.2% | ||
| Q1 24 | 1.9% | — |
现金转化率FNKORBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | 12.47× | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 0.77× | — | ||
| Q2 24 | 8.97× | 1.59× | ||
| 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
FNKO
| Core Collectibles | $221.0M | 81% |
| Loungefly LLC | $43.1M | 16% |
| Other Products Excluding Core Collectibles And Loungefly Brands | $9.0M | 3% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
