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JFrog Ltd（FROG）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是JFrog Ltd的1.6倍（$225.6M vs $145.3M），JFrog Ltd净利率更高（-10.5% vs -119.0%，领先108.6%），JFrog Ltd同比增速更快（25.2% vs 11.7%）
JFrog Ltd是全球知名的DevOps技术服务商，面向科技、金融、零售、制造等多个行业客户，提供全链路软件发布、制品管理与安全解决方案，助力企业简化云、本地及混合部署环境下的应用开发与交付流程。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
FROG vs FUN — 直观对比
营收规模更大
FUN
是对方的1.6倍
$145.3M
营收增速更快
FROG
高出13.5%
11.7%
净利率更高
FROG
高出108.6%
-119.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $145.3M | $225.6M |
| 净利润 | $-15.2M | $-268.6M |
| 毛利率 | 77.9% | — |
| 营业利润率 | -14.7% | — |
| 净利率 | -10.5% | -119.0% |
| 营收同比 | 25.2% | 11.7% |
| 净利润同比 | 34.4% | -22.2% |
| 每股收益（稀释后） | $-0.13 | — |
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FROGFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $145.3M | $650.1M | ||
| Q3 25 | $136.9M | $1.3B | ||
| Q2 25 | $127.2M | $930.4M | ||
| Q1 25 | $122.4M | $202.1M | ||
| Q4 24 | $116.1M | — | ||
| Q3 24 | $109.1M | $1.3B | ||
| Q2 24 | $103.0M | $571.6M |
净利润FROGFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | $-15.2M | $-92.4M | ||
| Q3 25 | $-16.4M | $-1.2B | ||
| Q2 25 | $-21.7M | $-99.6M | ||
| Q1 25 | $-18.5M | $-219.7M | ||
| Q4 24 | $-23.2M | — | ||
| Q3 24 | $-22.9M | $111.0M | ||
| Q2 24 | $-14.3M | $55.6M |
毛利率FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | 77.9% | 91.4% | ||
| Q3 25 | 77.4% | 91.6% | ||
| Q2 25 | 76.3% | 91.3% | ||
| Q1 25 | 75.3% | 89.3% | ||
| Q4 24 | 75.4% | — | ||
| Q3 24 | 75.0% | 91.9% | ||
| Q2 24 | 78.8% | 90.7% |
营业利润率FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | -14.7% | -3.8% | ||
| Q3 25 | -15.8% | -83.7% | ||
| Q2 25 | -20.4% | 8.0% | ||
| Q1 25 | -18.8% | -158.9% | ||
| Q4 24 | -21.9% | — | ||
| Q3 24 | -27.4% | 19.5% | ||
| Q2 24 | -18.6% | 21.6% |
净利率FROGFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | -10.5% | -14.2% | ||
| Q3 25 | -12.0% | -90.1% | ||
| Q2 25 | -17.0% | -10.7% | ||
| Q1 25 | -15.1% | -108.7% | ||
| Q4 24 | -20.0% | — | ||
| Q3 24 | -21.0% | 8.2% | ||
| Q2 24 | -13.9% | 9.7% |
每股收益（稀释后）FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | $-0.13 | $-0.93 | ||
| Q3 25 | $-0.14 | $-11.77 | ||
| Q2 25 | $-0.19 | $-0.99 | ||
| Q1 25 | $-0.16 | $-2.20 | ||
| Q4 24 | $-0.21 | — | ||
| Q3 24 | $-0.21 | $1.10 | ||
| Q2 24 | $-0.13 | — |
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 | $704.4M | $116.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $887.4M | $279.2M |
| 总资产 | $1.3B | $7.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FROGFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | $704.4M | $91.1M | ||
| Q3 25 | $651.1M | $70.7M | ||
| Q2 25 | $611.7M | $107.4M | ||
| Q1 25 | $563.5M | $61.5M | ||
| Q4 24 | $522.0M | — | ||
| Q3 24 | $467.8M | $89.7M | ||
| Q2 24 | $591.3M | $52.9M |
总债务FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益FROGFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $887.4M | $549.8M | ||
| Q3 25 | $859.4M | $614.3M | ||
| Q2 25 | $826.5M | $1.8B | ||
| Q1 25 | $800.0M | $1.8B | ||
| Q4 24 | $773.5M | — | ||
| Q3 24 | $756.2M | $2.3B | ||
| Q2 24 | $721.4M | — |
总资产FROGFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $1.3B | $7.8B | ||
| Q3 25 | $1.3B | $7.9B | ||
| Q2 25 | $1.2B | $9.5B | ||
| Q1 25 | $1.2B | $9.2B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | $9.4B | ||
| Q2 24 | $1.0B | $2.3B |
负债/权益比FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| Q2 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 | $50.7M | — |
| 自由现金流经营现金流 - 资本支出 | $49.9M | — |
| 自由现金流率自由现金流/营收 | 34.3% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 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 | $142.3M | — |
8季度趋势，按日历期对齐
经营现金流FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | $50.7M | $-37.7M | ||
| Q3 25 | $30.2M | $356.2M | ||
| Q2 25 | $36.1M | $187.0M | ||
| Q1 25 | $28.8M | $-178.0M | ||
| Q4 24 | $49.1M | — | ||
| Q3 24 | $27.6M | $337.4M | ||
| Q2 24 | $16.7M | — |
自由现金流FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | $49.9M | $-109.3M | ||
| Q3 25 | $28.8M | $256.2M | ||
| Q2 25 | $35.5M | $18.8M | ||
| Q1 25 | $28.1M | $-318.0M | ||
| Q4 24 | $48.5M | — | ||
| Q3 24 | $26.7M | $227.7M | ||
| Q2 24 | $16.0M | — |
自由现金流率FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | 34.3% | -16.8% | ||
| Q3 25 | 21.0% | 19.4% | ||
| Q2 25 | 27.9% | 2.0% | ||
| Q1 25 | 23.0% | -157.4% | ||
| Q4 24 | 41.8% | — | ||
| Q3 24 | 24.5% | 16.9% | ||
| Q2 24 | 15.5% | — |
资本支出强度FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 11.0% | ||
| Q3 25 | 1.0% | 7.6% | ||
| Q2 25 | 0.5% | 18.1% | ||
| Q1 25 | 0.5% | 69.3% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.9% | 8.1% | ||
| Q2 24 | 0.7% | — |
现金转化率FROGFUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.04× | ||
| Q2 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
FROG
暂无分部数据
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
