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Shift4 Payments, Inc.（FOUR）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Shift4 Payments, Inc.的1.2倍（$1.4B vs $1.2B），ROKU, INC净利率更高（5.8% vs 3.4%，领先2.4%），Shift4 Payments, Inc.同比增速更快（34.0% vs 16.1%），Shift4 Payments, Inc.自由现金流更多（$222.5M vs $106.6M），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs 25.8%）
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
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。
FOUR vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.2倍
$1.2B
营收增速更快
FOUR
高出17.9%
16.1%
净利率更高
ROKU
高出2.4%
3.4%
自由现金流更多
FOUR
多$115.9M
$106.6M
两年增速更快
FOUR
近两年复合增速
25.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.4B |
| 净利润 | $40.2M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 10.8% | 4.7% |
| 净利率 | 3.4% | 5.8% |
| 营收同比 | 34.0% | 16.1% |
| 净利润同比 | -65.3% | 326.4% |
| 每股收益（稀释后） | — | $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FOURROKU
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $966.2M | $1.1B | ||
| Q1 25 | $848.3M | $1.0B | ||
| Q4 24 | $887.0M | $1.2B | ||
| Q3 24 | $909.2M | $1.1B | ||
| Q2 24 | $827.0M | $968.2M | ||
| Q1 24 | $707.4M | $881.5M |
净利润FOURROKU
| Q4 25 | $40.2M | $80.5M | ||
| Q3 25 | $28.1M | $24.8M | ||
| Q2 25 | $34.0M | $10.5M | ||
| Q1 25 | $16.7M | $-27.4M | ||
| Q4 24 | $116.0M | $-35.5M | ||
| Q3 24 | $53.8M | $-9.0M | ||
| Q2 24 | $39.2M | $-34.0M | ||
| Q1 24 | $20.6M | $-50.9M |
毛利率FOURROKU
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.9% | ||
| Q1 24 | — | 44.1% |
营业利润率FOURROKU
| Q4 25 | 10.8% | 4.7% | ||
| Q3 25 | 9.7% | 0.8% | ||
| Q2 25 | 8.6% | -2.1% | ||
| Q1 25 | 3.0% | -5.7% | ||
| Q4 24 | 9.7% | -3.3% | ||
| Q3 24 | 8.8% | -3.4% | ||
| Q2 24 | 7.2% | -7.4% | ||
| Q1 24 | 3.0% | -8.2% |
净利率FOURROKU
| Q4 25 | 3.4% | 5.8% | ||
| Q3 25 | 2.4% | 2.0% | ||
| Q2 25 | 3.5% | 0.9% | ||
| Q1 25 | 2.0% | -2.7% | ||
| Q4 24 | 13.1% | -3.0% | ||
| Q3 24 | 5.9% | -0.9% | ||
| Q2 24 | 4.7% | -3.5% | ||
| Q1 24 | 2.9% | -5.8% |
每股收益（稀释后）FOURROKU
| Q4 25 | — | $0.55 | ||
| Q3 25 | — | $0.16 | ||
| Q2 25 | — | $0.07 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | — | $-0.06 | ||
| Q2 24 | — | $-0.24 | ||
| Q1 24 | — | $-0.35 |
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 | $964.0M | $2.3B |
| 总债务越低越好 | $4.5B | — |
| 股东权益账面价值 | $1.4B | $2.7B |
| 总资产 | $8.7B | $4.4B |
| 负债/权益比越低杠杆越低 | 3.15× | — |
8季度趋势，按日历期对齐
现金及短期投资FOURROKU
| Q4 25 | $964.0M | $2.3B | ||
| Q3 25 | $1.5B | $2.3B | ||
| Q2 25 | $3.0B | $2.3B | ||
| Q1 25 | $1.2B | $2.3B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $205.0M | $2.1B | ||
| Q1 24 | $522.9M | $2.1B |
总债务FOURROKU
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FOURROKU
| Q4 25 | $1.4B | $2.7B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.6B | $2.6B | ||
| Q1 25 | $805.2M | $2.5B | ||
| Q4 24 | $806.6M | $2.5B | ||
| Q3 24 | $811.8M | $2.5B | ||
| Q2 24 | $700.8M | $2.4B | ||
| Q1 24 | $674.5M | $2.4B |
总资产FOURROKU
| Q4 25 | $8.7B | $4.4B | ||
| Q3 25 | $9.0B | $4.4B | ||
| Q2 25 | $7.0B | $4.3B | ||
| Q1 25 | $5.0B | $4.2B | ||
| Q4 24 | $5.0B | $4.3B | ||
| Q3 24 | $5.0B | $4.3B | ||
| Q2 24 | $3.5B | $4.1B | ||
| Q1 24 | $3.4B | $4.2B |
负债/权益比FOURROKU
| Q4 25 | 3.15× | — | ||
| Q3 25 | 2.83× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 3.53× | — | ||
| Q4 24 | 3.52× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $223.7M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $222.5M | $106.6M |
| 自由现金流率自由现金流/营收 | 18.7% | 7.6% |
| 资本支出强度资本支出/营收 | 0.1% | 0.1% |
| 现金转化率经营现金流/净利润 | 5.56× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $624.0M | $478.4M |
8季度趋势，按日历期对齐
经营现金流FOURROKU
| Q4 25 | $223.7M | $107.7M | ||
| Q3 25 | $171.8M | $127.6M | ||
| Q2 25 | $141.9M | $109.7M | ||
| Q1 25 | $96.6M | $138.7M | ||
| Q4 24 | $145.4M | $79.3M | ||
| Q3 24 | $182.1M | $68.7M | ||
| Q2 24 | $116.1M | $23.4M | ||
| Q1 24 | $56.7M | $46.7M |
自由现金流FOURROKU
| Q4 25 | $222.5M | $106.6M | ||
| Q3 25 | $165.4M | $126.5M | ||
| Q2 25 | $141.0M | $108.6M | ||
| Q1 25 | $95.1M | $136.8M | ||
| Q4 24 | $143.8M | $76.8M | ||
| Q3 24 | $180.1M | $67.6M | ||
| Q2 24 | $113.9M | $22.5M | ||
| Q1 24 | $55.4M | $46.0M |
自由现金流率FOURROKU
| Q4 25 | 18.7% | 7.6% | ||
| Q3 25 | 14.1% | 10.4% | ||
| Q2 25 | 14.6% | 9.8% | ||
| Q1 25 | 11.2% | 13.4% | ||
| Q4 24 | 16.2% | 6.4% | ||
| Q3 24 | 19.8% | 6.4% | ||
| Q2 24 | 13.8% | 2.3% | ||
| Q1 24 | 7.8% | 5.2% |
资本支出强度FOURROKU
| Q4 25 | 0.1% | 0.1% | ||
| Q3 25 | 0.5% | 0.1% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | 0.2% | 0.2% | ||
| Q4 24 | 0.2% | 0.2% | ||
| Q3 24 | 0.2% | 0.1% | ||
| Q2 24 | 0.3% | 0.1% | ||
| Q1 24 | 0.2% | 0.1% |
现金转化率FOURROKU
| Q4 25 | 5.56× | 1.34× | ||
| Q3 25 | 6.11× | 5.14× | ||
| Q2 25 | 4.17× | 10.45× | ||
| Q1 25 | 5.78× | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | 3.38× | — | ||
| Q2 24 | 2.96× | — | ||
| Q1 24 | 2.75× | — |
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
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
