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六旗（FUN）与NETSCOUT SYSTEMS INC（NTCT）财务数据对比。点击上方公司名可切换其他公司
NETSCOUT SYSTEMS INC的季度营收约是六旗的1.1倍（$250.7M vs $225.6M），NETSCOUT SYSTEMS INC净利率更高（22.0% vs -119.0%，领先141.0%），六旗同比增速更快（11.7% vs -0.5%）
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。
NETSCOUT SYSTEMS INC是美国科技企业，1984年由阿尼尔·辛哈尔与纳伦德拉·波帕特创立，前身为Frontier Software，总部位于马萨诸塞州韦斯特福德。公司专注于软件可观测性、深度数据包检测、DDoS防护及AIOps领域，为客户提供相关技术解决方案。
FUN vs NTCT — 直观对比
营收规模更大
NTCT
是对方的1.1倍
$225.6M
营收增速更快
FUN
高出12.2%
-0.5%
净利率更高
NTCT
高出141.0%
-119.0%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $250.7M |
| 净利润 | $-268.6M | $55.1M |
| 毛利率 | — | 81.6% |
| 营业利润率 | — | 25.7% |
| 净利率 | -119.0% | 22.0% |
| 营收同比 | 11.7% | -0.5% |
| 净利润同比 | -22.2% | 13.0% |
| 每股收益（稀释后） | — | $0.75 |
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FUNNTCT
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $250.7M | ||
| Q3 25 | $1.3B | $219.0M | ||
| Q2 25 | $930.4M | $186.7M | ||
| Q1 25 | $202.1M | $205.0M | ||
| Q4 24 | — | $252.0M | ||
| Q3 24 | $1.3B | $191.1M | ||
| Q2 24 | $571.6M | $174.6M |
净利润FUNNTCT
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $55.1M | ||
| Q3 25 | $-1.2B | $25.8M | ||
| Q2 25 | $-99.6M | $-3.7M | ||
| Q1 25 | $-219.7M | $18.6M | ||
| Q4 24 | — | $48.8M | ||
| Q3 24 | $111.0M | $9.0M | ||
| Q2 24 | $55.6M | $-443.4M |
毛利率FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 81.6% | ||
| Q3 25 | 91.6% | 80.1% | ||
| Q2 25 | 91.3% | 76.7% | ||
| Q1 25 | 89.3% | 77.7% | ||
| Q4 24 | — | 81.5% | ||
| Q3 24 | 91.9% | 78.0% | ||
| Q2 24 | 90.7% | 74.6% |
营业利润率FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 25.7% | ||
| Q3 25 | -83.7% | 14.8% | ||
| Q2 25 | 8.0% | -3.5% | ||
| Q1 25 | -158.9% | 9.7% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | 19.5% | 7.4% | ||
| Q2 24 | 21.6% | -265.4% |
净利率FUNNTCT
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 22.0% | ||
| Q3 25 | -90.1% | 11.8% | ||
| Q2 25 | -10.7% | -2.0% | ||
| Q1 25 | -108.7% | 9.1% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | 8.2% | 4.7% | ||
| Q2 24 | 9.7% | -254.0% |
每股收益（稀释后）FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.75 | ||
| Q3 25 | $-11.77 | $0.35 | ||
| Q2 25 | $-0.99 | $-0.05 | ||
| Q1 25 | $-2.20 | $0.28 | ||
| Q4 24 | — | $0.67 | ||
| Q3 24 | $1.10 | $0.13 | ||
| Q2 24 | — | $-6.20 |
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 | $540.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $1.6B |
| 总资产 | $7.7B | $2.3B |
| 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FUNNTCT
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $540.6M | ||
| Q3 25 | $70.7M | $483.4M | ||
| Q2 25 | $107.4M | $489.6M | ||
| Q1 25 | $61.5M | $457.4M | ||
| Q4 24 | — | $398.4M | ||
| Q3 24 | $89.7M | $363.4M | ||
| Q2 24 | $52.9M | $362.2M |
总债务FUNNTCT
| 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FUNNTCT
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $1.6B | ||
| Q3 25 | $614.3M | $1.6B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $2.3B | $1.5B | ||
| Q2 24 | — | $1.4B |
总资产FUNNTCT
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $2.3B | ||
| Q3 25 | $7.9B | $2.2B | ||
| Q2 25 | $9.5B | $2.2B | ||
| Q1 25 | $9.2B | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $9.4B | $2.1B | ||
| Q2 24 | $2.3B | $2.1B |
负债/权益比FUNNTCT
| 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 | — | $62.1M |
| 自由现金流经营现金流 - 资本支出 | — | $59.3M |
| 自由现金流率自由现金流/营收 | — | 23.6% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $275.5M |
8季度趋势，按日历期对齐
经营现金流FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $62.1M | ||
| Q3 25 | $356.2M | $6.7M | ||
| Q2 25 | $187.0M | $73.6M | ||
| Q1 25 | $-178.0M | $141.5M | ||
| Q4 24 | — | $41.5M | ||
| Q3 24 | $337.4M | $-3.7M | ||
| Q2 24 | — | $38.4M |
自由现金流FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $59.3M | ||
| Q3 25 | $256.2M | $4.4M | ||
| Q2 25 | $18.8M | $71.7M | ||
| Q1 25 | $-318.0M | $140.1M | ||
| Q4 24 | — | $39.6M | ||
| Q3 24 | $227.7M | $-4.6M | ||
| Q2 24 | — | $37.2M |
自由现金流率FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 23.6% | ||
| Q3 25 | 19.4% | 2.0% | ||
| Q2 25 | 2.0% | 38.4% | ||
| Q1 25 | -157.4% | 68.4% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | 16.9% | -2.4% | ||
| Q2 24 | — | 21.3% |
资本支出强度FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 1.1% | ||
| Q3 25 | 7.6% | 1.0% | ||
| Q2 25 | 18.1% | 1.0% | ||
| Q1 25 | 69.3% | 0.7% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 8.1% | 0.5% | ||
| Q2 24 | — | 0.7% |
现金转化率FUNNTCT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 7.60× | ||
| Q4 24 | — | 0.85× | ||
| Q3 24 | 3.04× | -0.41× | ||
| 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% |
NTCT
| Services | $129.0M | 51% |
| Products | $121.7M | 49% |
