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六旗（FUN）与Lemonade, Inc.（LMND）财务数据对比。点击上方公司名可切换其他公司
Lemonade, Inc.的季度营收约是六旗的1.0倍（$228.1M vs $225.6M），Lemonade, Inc.净利率更高（-9.5% vs -119.0%，领先109.5%），Lemonade, Inc.同比增速更快（53.3% vs 11.7%）
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。
Lemonade, Inc.是一家总部位于美国纽约的保险公司，在美国市场提供租客险、房屋险、车险、宠物险及定期寿险，在德国、荷兰推出财产及责任保险，法国市场提供租客险，当前拥有约290万用户，采用人工智能及聊天机器人替代人工处理理赔申请。
FUN vs LMND — 直观对比
营收规模更大
LMND
是对方的1.0倍
$225.6M
营收增速更快
LMND
高出41.6%
11.7%
净利率更高
LMND
高出109.5%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $228.1M |
| 净利润 | $-268.6M | $-21.7M |
| 毛利率 | — | — |
| 营业利润率 | — | -9.0% |
| 净利率 | -119.0% | -9.5% |
| 营收同比 | 11.7% | 53.3% |
| 净利润同比 | -22.2% | 27.7% |
| 每股收益（稀释后） | — | $-0.27 |
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FUNLMND
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $228.1M | ||
| Q3 25 | $1.3B | $194.5M | ||
| Q2 25 | $930.4M | $164.1M | ||
| Q1 25 | $202.1M | $151.2M | ||
| Q4 24 | — | $148.8M | ||
| Q3 24 | $1.3B | $136.6M | ||
| Q2 24 | $571.6M | $122.0M |
净利润FUNLMND
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $-21.7M | ||
| Q3 25 | $-1.2B | $-37.5M | ||
| Q2 25 | $-99.6M | $-43.9M | ||
| Q1 25 | $-219.7M | $-62.4M | ||
| Q4 24 | — | $-30.0M | ||
| Q3 24 | $111.0M | $-67.7M | ||
| Q2 24 | $55.6M | $-57.2M |
毛利率FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | — | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.9% | — | ||
| Q2 24 | 90.7% | — |
营业利润率FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | -9.0% | ||
| Q3 25 | -83.7% | -18.7% | ||
| Q2 25 | 8.0% | -26.0% | ||
| Q1 25 | -158.9% | -40.6% | ||
| Q4 24 | — | -25.4% | ||
| Q3 24 | 19.5% | -48.2% | ||
| Q2 24 | 21.6% | -45.2% |
净利率FUNLMND
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | -9.5% | ||
| Q3 25 | -90.1% | -19.3% | ||
| Q2 25 | -10.7% | -26.8% | ||
| Q1 25 | -108.7% | -41.3% | ||
| Q4 24 | — | -20.2% | ||
| Q3 24 | 8.2% | -49.6% | ||
| Q2 24 | 9.7% | -46.9% |
每股收益（稀释后）FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-0.27 | ||
| Q3 25 | $-11.77 | $-0.51 | ||
| Q2 25 | $-0.99 | $-0.60 | ||
| Q1 25 | $-2.20 | $-0.86 | ||
| Q4 24 | — | $-0.42 | ||
| Q3 24 | $1.10 | $-0.95 | ||
| Q2 24 | — | $-0.81 |
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 | $116.5M | $399.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $533.6M |
| 总资产 | $7.7B | $1.9B |
| 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FUNLMND
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $399.1M | ||
| Q3 25 | $70.7M | $369.4M | ||
| Q2 25 | $107.4M | $398.8M | ||
| Q1 25 | $61.5M | $329.7M | ||
| Q4 24 | — | $403.5M | ||
| Q3 24 | $89.7M | $360.9M | ||
| Q2 24 | $52.9M | $387.2M |
总债务FUNLMND
| 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FUNLMND
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $533.6M | ||
| Q3 25 | $614.3M | $516.2M | ||
| Q2 25 | $1.8B | $527.1M | ||
| Q1 25 | $1.8B | $545.5M | ||
| Q4 24 | — | $593.4M | ||
| Q3 24 | $2.3B | $593.0M | ||
| Q2 24 | — | $635.2M |
总资产FUNLMND
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $1.9B | ||
| Q3 25 | $7.9B | $1.9B | ||
| Q2 25 | $9.5B | $1.9B | ||
| Q1 25 | $9.2B | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $9.4B | $1.8B | ||
| Q2 24 | $2.3B | $1.7B |
负债/权益比FUNLMND
| 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 | — | $-16.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-25.9M |
| 自由现金流率自由现金流/营收 | — | -11.4% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 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 | — | $-69.4M |
8季度趋势，按日历期对齐
经营现金流FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $-16.5M | ||
| Q3 25 | $356.2M | $4.5M | ||
| Q2 25 | $187.0M | $5.5M | ||
| Q1 25 | $-178.0M | $-47.2M | ||
| Q4 24 | — | $-11.4M | ||
| Q3 24 | $337.4M | $16.3M | ||
| Q2 24 | — | $-11.7M |
自由现金流FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $-25.9M | ||
| Q3 25 | $256.2M | $2.6M | ||
| Q2 25 | $18.8M | $3.4M | ||
| Q1 25 | $-318.0M | $-49.5M | ||
| Q4 24 | — | $-20.8M | ||
| Q3 24 | $227.7M | $14.1M | ||
| Q2 24 | — | $-13.2M |
自由现金流率FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | -11.4% | ||
| Q3 25 | 19.4% | 1.3% | ||
| Q2 25 | 2.0% | 2.1% | ||
| Q1 25 | -157.4% | -32.7% | ||
| Q4 24 | — | -14.0% | ||
| Q3 24 | 16.9% | 10.3% | ||
| Q2 24 | — | -10.8% |
资本支出强度FUNLMND
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 4.1% | ||
| Q3 25 | 7.6% | 1.0% | ||
| Q2 25 | 18.1% | 1.3% | ||
| Q1 25 | 69.3% | 1.5% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | 8.1% | 1.6% | ||
| Q2 24 | — | 1.2% |
现金转化率FUNLMND
| 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
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
LMND
暂无分部数据
