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FuboTV Inc.（FUBO）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
FuboTV Inc.的季度营收约是ROKU, INC的1.1倍（$1.5B vs $1.4B），ROKU, INC净利率更高（5.8% vs -0.4%，领先6.2%），FuboTV Inc.同比增速更快（249.4% vs 16.1%），ROKU, INC自由现金流更多（$106.6M vs $-200.8M），过去两年FuboTV Inc.的营收复合增速更高（94.3% vs 25.8%）
FuboTV Inc.（简称Fubo）是源自美国的互联网体育流媒体服务商，业务覆盖美国、加拿大与西班牙地区。该平台主打各类直播体育内容，可提供英超、NFL、MLB、NBA、NHL、MLS等各大主流顶级体育赛事转播，同时也涵盖新闻、剧集等综合影视娱乐内容。
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。
FUBO vs ROKU — 直观对比
营收规模更大
FUBO
是对方的1.1倍
$1.4B
营收增速更快
FUBO
高出233.2%
16.1%
净利率更高
ROKU
高出6.2%
-0.4%
自由现金流更多
ROKU
多$307.4M
$-200.8M
两年增速更快
FUBO
近两年复合增速
25.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $-6.0M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | -1.3% | 4.7% |
| 净利率 | -0.4% | 5.8% |
| 营收同比 | 249.4% | 16.1% |
| 净利润同比 | 84.5% | 326.4% |
| 每股收益（稀释后） | $-0.02 | $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FUBOROKU
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $377.2M | $1.2B | ||
| Q2 25 | $380.0M | $1.1B | ||
| Q1 25 | $416.3M | $1.0B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $386.2M | $1.1B | ||
| Q2 24 | $391.0M | $968.2M | ||
| Q1 24 | $402.3M | $881.5M |
净利润FUBOROKU
| Q4 25 | $-6.0M | $80.5M | ||
| Q3 25 | $-18.9M | $24.8M | ||
| Q2 25 | $-8.0M | $10.5M | ||
| Q1 25 | $188.5M | $-27.4M | ||
| Q4 24 | — | $-35.5M | ||
| Q3 24 | $-52.4M | $-9.0M | ||
| Q2 24 | $-25.3M | $-34.0M | ||
| Q1 24 | $-56.0M | $-50.9M |
毛利率FUBOROKU
| 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FUBOROKU
| Q4 25 | -1.3% | 4.7% | ||
| Q3 25 | -5.3% | 0.8% | ||
| Q2 25 | -1.6% | -2.1% | ||
| Q1 25 | -6.1% | -5.7% | ||
| Q4 24 | — | -3.3% | ||
| Q3 24 | -15.2% | -3.4% | ||
| Q2 24 | -9.1% | -7.4% | ||
| Q1 24 | -15.7% | -8.2% |
净利率FUBOROKU
| Q4 25 | -0.4% | 5.8% | ||
| Q3 25 | -5.0% | 2.0% | ||
| Q2 25 | -2.1% | 0.9% | ||
| Q1 25 | 45.3% | -2.7% | ||
| Q4 24 | — | -3.0% | ||
| Q3 24 | -13.6% | -0.9% | ||
| Q2 24 | -6.5% | -3.5% | ||
| Q1 24 | -13.9% | -5.8% |
每股收益（稀释后）FUBOROKU
| Q4 25 | $-0.02 | $0.55 | ||
| Q3 25 | $-0.06 | $0.16 | ||
| Q2 25 | $-0.02 | $0.07 | ||
| Q1 25 | $0.55 | $-0.19 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | $-0.16 | $-0.06 | ||
| Q2 24 | $-0.08 | $-0.24 | ||
| Q1 24 | $-0.19 | $-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 | $452.4M | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $275.5M | $2.7B |
| 总资产 | $4.1B | $4.4B |
| 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FUBOROKU
| Q4 25 | $452.4M | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | $283.6M | $2.3B | ||
| Q1 25 | $321.6M | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $146.2M | $2.1B | ||
| Q2 24 | $155.2M | $2.1B | ||
| Q1 24 | $168.9M | $2.1B |
股东权益FUBOROKU
| Q4 25 | $275.5M | $2.7B | ||
| Q3 25 | $915.3M | $2.6B | ||
| Q2 25 | $400.4M | $2.6B | ||
| Q1 25 | $389.0M | $2.5B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $905.3M | $2.5B | ||
| Q2 24 | $254.2M | $2.4B | ||
| Q1 24 | $236.1M | $2.4B |
总资产FUBOROKU
| Q4 25 | $4.1B | $4.4B | ||
| Q3 25 | $1.3B | $4.4B | ||
| Q2 25 | $1.2B | $4.3B | ||
| Q1 25 | $1.2B | $4.2B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | $1.1B | $4.3B | ||
| Q2 24 | $1.1B | $4.1B | ||
| Q1 24 | $1.1B | $4.2B |
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 | $-200.3M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $-200.8M | $106.6M |
| 自由现金流率自由现金流/营收 | -13.0% | 7.6% |
| 资本支出强度资本支出/营收 | 0.0% | 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 | $-81.3M | $478.4M |
8季度趋势，按日历期对齐
经营现金流FUBOROKU
| Q4 25 | $-200.3M | $107.7M | ||
| Q3 25 | $-6.5M | $127.6M | ||
| Q2 25 | $-34.6M | $109.7M | ||
| Q1 25 | $161.4M | $138.7M | ||
| Q4 24 | — | $79.3M | ||
| Q3 24 | $235.0K | $68.7M | ||
| Q2 24 | $-32.3M | $23.4M | ||
| Q1 24 | $-67.3M | $46.7M |
自由现金流FUBOROKU
| Q4 25 | $-200.8M | $106.6M | ||
| Q3 25 | $-6.5M | $126.5M | ||
| Q2 25 | $-35.0M | $108.6M | ||
| Q1 25 | $161.1M | $136.8M | ||
| Q4 24 | — | $76.8M | ||
| Q3 24 | $-1.3M | $67.6M | ||
| Q2 24 | $-32.5M | $22.5M | ||
| Q1 24 | $-67.4M | $46.0M |
自由现金流率FUBOROKU
| Q4 25 | -13.0% | 7.6% | ||
| Q3 25 | -1.7% | 10.4% | ||
| Q2 25 | -9.2% | 9.8% | ||
| Q1 25 | 38.7% | 13.4% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | -0.3% | 6.4% | ||
| Q2 24 | -8.3% | 2.3% | ||
| Q1 24 | -16.7% | 5.2% |
资本支出强度FUBOROKU
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.0% | 0.1% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 0.4% | 0.1% | ||
| Q2 24 | 0.1% | 0.1% | ||
| Q1 24 | 0.0% | 0.1% |
现金转化率FUBOROKU
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 5.14× | ||
| Q2 25 | — | 10.45× | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
FUBO
| Related Party | $1.2B | 75% |
| Subscription And Advertising | $377.9M | 24% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
