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FuboTV Inc.（FUBO）与惠好（WY）财务数据对比。点击上方公司名可切换其他公司
FuboTV Inc.的季度营收约是惠好的1.0倍（$1.5B vs $1.5B），惠好净利率更高（4.8% vs -0.4%，领先5.2%），FuboTV Inc.同比增速更快（249.4% vs -9.8%），惠好自由现金流更多（$-128.0M vs $-200.8M），过去两年FuboTV Inc.的营收复合增速更高（94.3% vs -7.4%）
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。
惠好是美国知名林地运营企业，在美国本土持有约1040万英亩林地，同时通过长期许可协议在加拿大管理额外1400万英亩林地。企业拥有逾百年木制品生产历史，目前以房地产投资信托（REIT）模式运营。
FUBO vs WY — 直观对比
营收规模更大
FUBO
是对方的1.0倍
$1.5B
营收增速更快
FUBO
高出259.2%
-9.8%
净利率更高
WY
高出5.2%
-0.4%
自由现金流更多
WY
多$72.8M
$-200.8M
两年增速更快
FUBO
近两年复合增速
-7.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $-6.0M | $74.0M |
| 毛利率 | — | 10.4% |
| 营业利润率 | -1.3% | 16.3% |
| 净利率 | -0.4% | 4.8% |
| 营收同比 | 249.4% | -9.8% |
| 净利润同比 | 84.5% | -8.6% |
| 每股收益（稀释后） | $-0.02 | $0.11 |
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FUBOWY
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $377.2M | $1.7B | ||
| Q2 25 | $380.0M | $1.9B | ||
| Q1 25 | $416.3M | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $386.2M | $1.7B | ||
| Q2 24 | $391.0M | $1.9B | ||
| Q1 24 | $402.3M | $1.8B |
净利润FUBOWY
| Q4 25 | $-6.0M | $74.0M | ||
| Q3 25 | $-18.9M | $80.0M | ||
| Q2 25 | $-8.0M | $87.0M | ||
| Q1 25 | $188.5M | $83.0M | ||
| Q4 24 | — | $81.0M | ||
| Q3 24 | $-52.4M | $28.0M | ||
| Q2 24 | $-25.3M | $173.0M | ||
| Q1 24 | $-56.0M | $114.0M |
毛利率FUBOWY
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 19.0% | ||
| Q4 24 | — | 17.8% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 20.8% | ||
| Q1 24 | — | 19.8% |
营业利润率FUBOWY
| Q4 25 | -1.3% | 16.3% | ||
| Q3 25 | -5.3% | 7.2% | ||
| Q2 25 | -1.6% | 9.4% | ||
| Q1 25 | -6.1% | 10.2% | ||
| Q4 24 | — | 8.3% | ||
| Q3 24 | -15.2% | 4.6% | ||
| Q2 24 | -9.1% | 13.9% | ||
| Q1 24 | -15.7% | 10.9% |
净利率FUBOWY
| Q4 25 | -0.4% | 4.8% | ||
| Q3 25 | -5.0% | 4.7% | ||
| Q2 25 | -2.1% | 4.6% | ||
| Q1 25 | 45.3% | 4.7% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | -13.6% | 1.7% | ||
| Q2 24 | -6.5% | 8.9% | ||
| Q1 24 | -13.9% | 6.3% |
每股收益（稀释后）FUBOWY
| Q4 25 | $-0.02 | $0.11 | ||
| Q3 25 | $-0.06 | $0.11 | ||
| Q2 25 | $-0.02 | $0.12 | ||
| Q1 25 | $0.55 | $0.11 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | $-0.16 | $0.04 | ||
| Q2 24 | $-0.08 | $0.24 | ||
| Q1 24 | $-0.19 | $0.16 |
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 | $464.0M |
| 总债务越低越好 | — | $5.6B |
| 股东权益账面价值 | $275.5M | $9.4B |
| 总资产 | $4.1B | $16.6B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资FUBOWY
| Q4 25 | $452.4M | $464.0M | ||
| Q3 25 | — | $401.0M | ||
| Q2 25 | $283.6M | $592.0M | ||
| Q1 25 | $321.6M | $560.0M | ||
| Q4 24 | — | $684.0M | ||
| Q3 24 | $146.2M | $877.0M | ||
| Q2 24 | $155.2M | $997.0M | ||
| Q1 24 | $168.9M | $871.0M |
总债务FUBOWY
| Q4 25 | — | $5.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FUBOWY
| Q4 25 | $275.5M | $9.4B | ||
| Q3 25 | $915.3M | $9.4B | ||
| Q2 25 | $400.4M | $9.5B | ||
| Q1 25 | $389.0M | $9.6B | ||
| Q4 24 | — | $9.7B | ||
| Q3 24 | $905.3M | $9.9B | ||
| Q2 24 | $254.2M | $10.0B | ||
| Q1 24 | $236.1M | $10.1B |
总资产FUBOWY
| Q4 25 | $4.1B | $16.6B | ||
| Q3 25 | $1.3B | $16.7B | ||
| Q2 25 | $1.2B | $16.5B | ||
| Q1 25 | $1.2B | $16.5B | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | $1.1B | $16.7B | ||
| Q2 24 | $1.1B | $16.8B | ||
| Q1 24 | $1.1B | $16.8B |
负债/权益比FUBOWY
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.52× | ||
| 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 | $-200.3M | $-114.0M |
| 自由现金流经营现金流 - 资本支出 | $-200.8M | $-128.0M |
| 自由现金流率自由现金流/营收 | -13.0% | -8.3% |
| 资本支出强度资本支出/营收 | 0.0% | 0.9% |
| 现金转化率经营现金流/净利润 | — | -1.54× |
| 过去12个月自由现金流最近4个季度 | $-81.3M | $511.0M |
8季度趋势，按日历期对齐
经营现金流FUBOWY
| Q4 25 | $-200.3M | $-114.0M | ||
| Q3 25 | $-6.5M | $210.0M | ||
| Q2 25 | $-34.6M | $396.0M | ||
| Q1 25 | $161.4M | $70.0M | ||
| Q4 24 | — | $218.0M | ||
| Q3 24 | $235.0K | $234.0M | ||
| Q2 24 | $-32.3M | $432.0M | ||
| Q1 24 | $-67.3M | $124.0M |
自由现金流FUBOWY
| Q4 25 | $-200.8M | $-128.0M | ||
| Q3 25 | $-6.5M | $203.0M | ||
| Q2 25 | $-35.0M | $388.0M | ||
| Q1 25 | $161.1M | $48.0M | ||
| Q4 24 | — | $205.0M | ||
| Q3 24 | $-1.3M | $226.0M | ||
| Q2 24 | $-32.5M | $423.0M | ||
| Q1 24 | $-67.4M | $102.0M |
自由现金流率FUBOWY
| Q4 25 | -13.0% | -8.3% | ||
| Q3 25 | -1.7% | 11.8% | ||
| Q2 25 | -9.2% | 20.6% | ||
| Q1 25 | 38.7% | 2.7% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | -0.3% | 13.4% | ||
| Q2 24 | -8.3% | 21.8% | ||
| Q1 24 | -16.7% | 5.7% |
资本支出强度FUBOWY
| Q4 25 | 0.0% | 0.9% | ||
| Q3 25 | 0.0% | 0.4% | ||
| Q2 25 | 0.1% | 0.4% | ||
| Q1 25 | 0.1% | 1.2% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.1% | 0.5% | ||
| Q1 24 | 0.0% | 1.2% |
现金转化率FUBOWY
| Q4 25 | — | -1.54× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 4.55× | ||
| Q1 25 | 0.86× | 0.84× | ||
| Q4 24 | — | 2.69× | ||
| Q3 24 | — | 8.36× | ||
| Q2 24 | — | 2.50× | ||
| Q1 24 | — | 1.09× |
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% |
WY
暂无分部数据
