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化石集团（FOSL）与Tilray Brands, Inc.（TLRY）财务数据对比。点击上方公司名可切换其他公司
化石集团的季度营收约是Tilray Brands, Inc.的1.2倍（$270.2M vs $217.5M），化石集团净利率更高（-14.8% vs -20.7%，领先5.8%），Tilray Brands, Inc.同比增速更快（3.1% vs -21.1%），过去两年Tilray Brands, Inc.的营收复合增速更高（7.5% vs -11.4%）
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
Tilray Brands, Inc.是一家美国企业，主营医药、大麻生活方式产品以及包装消费品业务，公司注册于美国，总部坐落于纽约。该公司在加拿大、澳大利亚、新西兰、拉美地区均开展业务，同时在德国和葡萄牙拥有大麻种植基地。
FOSL vs TLRY — 直观对比
营收规模更大
FOSL
是对方的1.2倍
$217.5M
营收增速更快
TLRY
高出24.2%
-21.1%
净利率更高
FOSL
高出5.8%
-20.7%
两年增速更快
TLRY
近两年复合增速
-11.4%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $270.2M | $217.5M |
| 净利润 | $-40.0M | $-44.9M |
| 毛利率 | 49.0% | 26.4% |
| 营业利润率 | -8.0% | -10.2% |
| 净利率 | -14.8% | -20.7% |
| 营收同比 | -21.1% | 3.1% |
| 净利润同比 | -257.8% | 47.4% |
| 每股收益（稀释后） | $-0.76 | $-0.41 |
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FOSLTLRY
| Q4 25 | $270.2M | $217.5M | ||
| Q3 25 | $220.4M | $209.5M | ||
| Q2 25 | $233.3M | $224.5M | ||
| Q1 25 | — | $185.8M | ||
| Q4 24 | $342.3M | $210.9M | ||
| Q3 24 | $287.8M | $200.0M | ||
| Q2 24 | $260.0M | $229.9M | ||
| Q1 24 | $254.9M | $188.3M |
净利润FOSLTLRY
| Q4 25 | $-40.0M | $-44.9M | ||
| Q3 25 | $-2.1M | $-322.0K | ||
| Q2 25 | $-17.9M | $-1.3B | ||
| Q1 25 | — | $-789.4M | ||
| Q4 24 | $-11.2M | $-85.3M | ||
| Q3 24 | $-31.9M | $-39.2M | ||
| Q2 24 | $-38.8M | $-31.7M | ||
| Q1 24 | $-24.3M | $-92.7M |
毛利率FOSLTLRY
| Q4 25 | 49.0% | 26.4% | ||
| Q3 25 | 57.5% | 27.4% | ||
| Q2 25 | 61.3% | 30.1% | ||
| Q1 25 | — | 28.0% | ||
| Q4 24 | 53.9% | 29.0% | ||
| Q3 24 | 49.4% | 29.8% | ||
| Q2 24 | 52.6% | 35.8% | ||
| Q1 24 | 52.4% | 26.2% |
营业利润率FOSLTLRY
| Q4 25 | -8.0% | -10.2% | ||
| Q3 25 | 3.9% | 1.0% | ||
| Q2 25 | -2.9% | -643.1% | ||
| Q1 25 | — | -409.0% | ||
| Q4 24 | -4.8% | -20.0% | ||
| Q3 24 | -8.5% | -18.3% | ||
| Q2 24 | -13.1% | -7.2% | ||
| Q1 24 | -11.5% | -43.6% |
净利率FOSLTLRY
| Q4 25 | -14.8% | -20.7% | ||
| Q3 25 | -1.0% | -0.2% | ||
| Q2 25 | -7.7% | -566.9% | ||
| Q1 25 | — | -424.9% | ||
| Q4 24 | -3.3% | -40.5% | ||
| Q3 24 | -11.1% | -19.6% | ||
| Q2 24 | -14.9% | -13.8% | ||
| Q1 24 | -9.5% | -49.2% |
每股收益（稀释后）FOSLTLRY
| Q4 25 | $-0.76 | $-0.41 | ||
| Q3 25 | $-0.04 | $0.00 | ||
| Q2 25 | $-0.33 | $7.26 | ||
| Q1 25 | — | $-8.69 | ||
| Q4 24 | $-0.15 | $-0.99 | ||
| Q3 24 | $-0.60 | $-0.04 | ||
| Q2 24 | $-0.73 | $-0.04 | ||
| Q1 24 | $-0.46 | $-0.12 |
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 | $79.2M | $291.6M |
| 总债务越低越好 | $169.1M | — |
| 股东权益账面价值 | $112.6M | $1.6B |
| 总资产 | $701.0M | $2.1B |
| 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FOSLTLRY
| Q4 25 | $79.2M | $291.6M | ||
| Q3 25 | $109.9M | $264.8M | ||
| Q2 25 | $78.3M | $256.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | $123.6M | $252.2M | ||
| Q3 24 | $106.3M | $280.1M | ||
| Q2 24 | $104.9M | $260.5M | ||
| Q1 24 | $112.9M | $225.9M |
总债务FOSLTLRY
| Q4 25 | $169.1M | — | ||
| Q3 25 | $165.6M | — | ||
| Q2 25 | $167.2M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $162.7M | — | ||
| Q3 24 | $173.4M | — | ||
| Q2 24 | $156.5M | — | ||
| Q1 24 | $202.9M | — |
股东权益FOSLTLRY
| Q4 25 | $112.6M | $1.6B | ||
| Q3 25 | $150.3M | $1.5B | ||
| Q2 25 | $140.6M | $1.5B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | $148.7M | $3.5B | ||
| Q3 24 | $164.4M | $3.5B | ||
| Q2 24 | $189.6M | $3.4B | ||
| Q1 24 | $229.1M | $3.4B |
总资产FOSLTLRY
| Q4 25 | $701.0M | $2.1B | ||
| Q3 25 | $704.5M | $2.1B | ||
| Q2 25 | $686.0M | $2.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | $763.6M | $4.2B | ||
| Q3 24 | $812.4M | $4.3B | ||
| Q2 24 | $785.7M | $4.2B | ||
| Q1 24 | $891.0M | $4.2B |
负债/权益比FOSLTLRY
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.19× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 0.83× | — | ||
| Q1 24 | 0.89× | — |
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 | $-22.2M | $-8.5M |
| 自由现金流经营现金流 - 资本支出 | $-22.5M | — |
| 自由现金流率自由现金流/营收 | -8.3% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-46.0M | — |
8季度趋势，按日历期对齐
经营现金流FOSLTLRY
| Q4 25 | $-22.2M | $-8.5M | ||
| Q3 25 | $9.4M | $-1.3M | ||
| Q2 25 | $-60.4M | $-12.8M | ||
| Q1 25 | — | $-5.8M | ||
| Q4 24 | $30.5M | $-40.7M | ||
| Q3 24 | $-22.8M | $-35.3M | ||
| Q2 24 | $38.4M | $30.7M | ||
| Q1 24 | $622.0K | $-15.4M |
自由现金流FOSLTLRY
| Q4 25 | $-22.5M | — | ||
| Q3 25 | $8.6M | — | ||
| Q2 25 | $-60.6M | $-19.1M | ||
| Q1 25 | — | $-20.2M | ||
| Q4 24 | $28.5M | $-46.2M | ||
| Q3 24 | $-24.1M | $-42.0M | ||
| Q2 24 | $36.6M | $21.0M | ||
| Q1 24 | $-1.1M | $-24.9M |
自由现金流率FOSLTLRY
| Q4 25 | -8.3% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | -26.0% | -8.5% | ||
| Q1 25 | — | -10.9% | ||
| Q4 24 | 8.3% | -21.9% | ||
| Q3 24 | -8.4% | -21.0% | ||
| Q2 24 | 14.1% | 9.1% | ||
| Q1 24 | -0.4% | -13.2% |
资本支出强度FOSLTLRY
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.1% | 2.8% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | 0.6% | 2.6% | ||
| Q3 24 | 0.4% | 3.4% | ||
| Q2 24 | 0.7% | 4.2% | ||
| Q1 24 | 0.7% | 5.1% |
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
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
TLRY
| Adultuse Cannabis Products | $62.4M | 29% |
| Other | $59.2M | 27% |
| Beverage Alcohol Business | $53.6M | 25% |
| International Cannabis Products | $20.2M | 9% |
| Wellness Business | $14.6M | 7% |
| Medical Cannabis Products | $6.2M | 3% |
| Wholesale Cannabis Products | $1.3M | 1% |
