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六旗（FUN）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是六旗的4.5倍（$1.0B vs $225.6M），PINTEREST, INC.净利率更高（-7.3% vs -119.0%，领先111.7%），PINTEREST, INC.同比增速更快（17.8% 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。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
FUN vs PINS — 直观对比
营收规模更大
PINS
是对方的4.5倍
$225.6M
营收增速更快
PINS
高出6.2%
11.7%
净利率更高
PINS
高出111.7%
-119.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $1.0B |
| 净利润 | $-268.6M | $-73.6M |
| 毛利率 | — | 76.3% |
| 营业利润率 | — | -8.0% |
| 净利率 | -119.0% | -7.3% |
| 营收同比 | 11.7% | 17.8% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | — | $-0.12 |
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FUNPINS
| Q1 26 | $225.6M | $1.0B | ||
| Q4 25 | $650.1M | $1.3B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $930.4M | $998.2M | ||
| Q1 25 | $202.1M | $855.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.3B | $898.4M | ||
| Q2 24 | $571.6M | $853.7M |
净利润FUNPINS
| Q1 26 | $-268.6M | $-73.6M | ||
| Q4 25 | $-92.4M | $277.1M | ||
| Q3 25 | $-1.2B | $92.1M | ||
| Q2 25 | $-99.6M | $38.8M | ||
| Q1 25 | $-219.7M | $8.9M | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $111.0M | $30.6M | ||
| Q2 24 | $55.6M | $8.9M |
毛利率FUNPINS
| Q1 26 | — | 76.3% | ||
| Q4 25 | 91.4% | 82.8% | ||
| Q3 25 | 91.6% | 79.8% | ||
| Q2 25 | 91.3% | 79.7% | ||
| Q1 25 | 89.3% | 76.7% | ||
| Q4 24 | — | 82.9% | ||
| Q3 24 | 91.9% | 79.1% | ||
| Q2 24 | 90.7% | 78.3% |
营业利润率FUNPINS
| Q1 26 | — | -8.0% | ||
| Q4 25 | -3.8% | 22.8% | ||
| Q3 25 | -83.7% | 5.6% | ||
| Q2 25 | 8.0% | -0.4% | ||
| Q1 25 | -158.9% | -4.1% | ||
| Q4 24 | — | 22.7% | ||
| Q3 24 | 19.5% | -0.7% | ||
| Q2 24 | 21.6% | -2.5% |
净利率FUNPINS
| Q1 26 | -119.0% | -7.3% | ||
| Q4 25 | -14.2% | 21.0% | ||
| Q3 25 | -90.1% | 8.8% | ||
| Q2 25 | -10.7% | 3.9% | ||
| Q1 25 | -108.7% | 1.0% | ||
| Q4 24 | — | 160.1% | ||
| Q3 24 | 8.2% | 3.4% | ||
| Q2 24 | 9.7% | 1.0% |
每股收益（稀释后）FUNPINS
| Q1 26 | — | $-0.12 | ||
| Q4 25 | $-0.93 | $0.41 | ||
| Q3 25 | $-11.77 | $0.13 | ||
| Q2 25 | $-0.99 | $0.06 | ||
| Q1 25 | $-2.20 | $0.01 | ||
| Q4 24 | — | $2.66 | ||
| Q3 24 | $1.10 | $0.04 | ||
| Q2 24 | — | $0.01 |
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 | $378.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $2.9B |
| 总资产 | $7.7B | $4.6B |
| 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FUNPINS
| Q1 26 | $116.5M | $378.1M | ||
| Q4 25 | $91.1M | $969.3M | ||
| Q3 25 | $70.7M | $1.1B | ||
| Q2 25 | $107.4M | $1.2B | ||
| Q1 25 | $61.5M | $1.3B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $89.7M | $1.0B | ||
| Q2 24 | $52.9M | $1.4B |
总债务FUNPINS
| 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FUNPINS
| Q1 26 | $279.2M | $2.9B | ||
| Q4 25 | $549.8M | $4.7B | ||
| Q3 25 | $614.3M | $4.8B | ||
| Q2 25 | $1.8B | $4.8B | ||
| Q1 25 | $1.8B | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | $2.3B | $2.9B | ||
| Q2 24 | — | $3.2B |
总资产FUNPINS
| Q1 26 | $7.7B | $4.6B | ||
| Q4 25 | $7.8B | $5.5B | ||
| Q3 25 | $7.9B | $5.5B | ||
| Q2 25 | $9.5B | $5.4B | ||
| Q1 25 | $9.2B | $5.3B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | $9.4B | $3.5B | ||
| Q2 24 | $2.3B | $3.7B |
负债/权益比FUNPINS
| 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 | — | $328.0M |
| 自由现金流经营现金流 - 资本支出 | — | $311.7M |
| 自由现金流率自由现金流/营收 | — | 30.9% |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流FUNPINS
| Q1 26 | — | $328.0M | ||
| Q4 25 | $-37.7M | $391.2M | ||
| Q3 25 | $356.2M | $321.7M | ||
| Q2 25 | $187.0M | $207.7M | ||
| Q1 25 | $-178.0M | $363.7M | ||
| Q4 24 | — | $254.0M | ||
| Q3 24 | $337.4M | $248.0M | ||
| Q2 24 | — | $106.4M |
自由现金流FUNPINS
| Q1 26 | — | $311.7M | ||
| Q4 25 | $-109.3M | $380.4M | ||
| Q3 25 | $256.2M | $318.4M | ||
| Q2 25 | $18.8M | $196.7M | ||
| Q1 25 | $-318.0M | $356.4M | ||
| Q4 24 | — | $250.2M | ||
| Q3 24 | $227.7M | $244.1M | ||
| Q2 24 | — | $101.6M |
自由现金流率FUNPINS
| Q1 26 | — | 30.9% | ||
| Q4 25 | -16.8% | 28.8% | ||
| Q3 25 | 19.4% | 30.3% | ||
| Q2 25 | 2.0% | 19.7% | ||
| Q1 25 | -157.4% | 41.7% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | 16.9% | 27.2% | ||
| Q2 24 | — | 11.9% |
资本支出强度FUNPINS
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 0.8% | ||
| Q3 25 | 7.6% | 0.3% | ||
| Q2 25 | 18.1% | 1.1% | ||
| Q1 25 | 69.3% | 0.9% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 8.1% | 0.4% | ||
| Q2 24 | — | 0.6% |
现金转化率FUNPINS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | — | 3.49× | ||
| Q2 25 | — | 5.36× | ||
| Q1 25 | — | 40.77× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | 3.04× | 8.12× | ||
| Q2 24 | — | 11.98× |
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% |
PINS
暂无分部数据
