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六旗（FUN）与QUALYS, INC.（QLYS）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是QUALYS, INC.的1.3倍（$225.6M vs $175.3M），QUALYS, INC.净利率更高（30.3% vs -119.0%，领先149.4%），六旗同比增速更快（11.7% vs 10.1%）
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。
Qualys是总部位于美国加利福尼亚州福斯特城的科技企业，专注于云安全、合规管理及相关服务，为客户提供覆盖云环境的安全防护与合规解决方案，助力企业应对各类网络安全风险，满足不同行业的合规运营需求。
FUN vs QLYS — 直观对比
营收规模更大
FUN
是对方的1.3倍
$175.3M
营收增速更快
FUN
高出1.6%
10.1%
净利率更高
QLYS
高出149.4%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $175.3M |
| 净利润 | $-268.6M | $53.1M |
| 毛利率 | — | 83.4% |
| 营业利润率 | — | 33.6% |
| 净利率 | -119.0% | 30.3% |
| 营收同比 | 11.7% | 10.1% |
| 净利润同比 | -22.2% | 20.9% |
| 每股收益（稀释后） | — | $1.47 |
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FUNQLYS
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $175.3M | ||
| Q3 25 | $1.3B | $169.9M | ||
| Q2 25 | $930.4M | $164.1M | ||
| Q1 25 | $202.1M | $159.9M | ||
| Q4 24 | — | $159.2M | ||
| Q3 24 | $1.3B | $153.9M | ||
| Q2 24 | $571.6M | $148.7M |
净利润FUNQLYS
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $53.1M | ||
| Q3 25 | $-1.2B | $50.3M | ||
| Q2 25 | $-99.6M | $47.3M | ||
| Q1 25 | $-219.7M | $47.5M | ||
| Q4 24 | — | $44.0M | ||
| Q3 24 | $111.0M | $46.2M | ||
| Q2 24 | $55.6M | $43.8M |
毛利率FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 83.4% | ||
| Q3 25 | 91.6% | 83.6% | ||
| Q2 25 | 91.3% | 82.4% | ||
| Q1 25 | 89.3% | 81.9% | ||
| Q4 24 | — | 81.8% | ||
| Q3 24 | 91.9% | 81.3% | ||
| Q2 24 | 90.7% | 82.2% |
营业利润率FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 33.6% | ||
| Q3 25 | -83.7% | 35.3% | ||
| Q2 25 | 8.0% | 31.3% | ||
| Q1 25 | -158.9% | 32.4% | ||
| Q4 24 | — | 31.0% | ||
| Q3 24 | 19.5% | 29.2% | ||
| Q2 24 | 21.6% | 32.3% |
净利率FUNQLYS
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 30.3% | ||
| Q3 25 | -90.1% | 29.6% | ||
| Q2 25 | -10.7% | 28.8% | ||
| Q1 25 | -108.7% | 29.7% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | 8.2% | 30.0% | ||
| Q2 24 | 9.7% | 29.4% |
每股收益（稀释后）FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $1.47 | ||
| Q3 25 | $-11.77 | $1.39 | ||
| Q2 25 | $-0.99 | $1.29 | ||
| Q1 25 | $-2.20 | $1.29 | ||
| Q4 24 | — | $1.19 | ||
| Q3 24 | $1.10 | $1.24 | ||
| Q2 24 | — | $1.17 |
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 | $250.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $561.2M |
| 总资产 | $7.7B | $1.1B |
| 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FUNQLYS
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $250.3M | ||
| Q3 25 | $70.7M | $225.3M | ||
| Q2 25 | $107.4M | $194.0M | ||
| Q1 25 | $61.5M | $290.7M | ||
| Q4 24 | — | $232.2M | ||
| Q3 24 | $89.7M | $235.4M | ||
| Q2 24 | $52.9M | $281.2M |
总债务FUNQLYS
| 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FUNQLYS
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $561.2M | ||
| Q3 25 | $614.3M | $529.4M | ||
| Q2 25 | $1.8B | $508.2M | ||
| Q1 25 | $1.8B | $498.0M | ||
| Q4 24 | — | $477.1M | ||
| Q3 24 | $2.3B | $449.6M | ||
| Q2 24 | — | $427.8M |
总资产FUNQLYS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $1.1B | ||
| Q3 25 | $7.9B | $1.0B | ||
| Q2 25 | $9.5B | $999.5M | ||
| Q1 25 | $9.2B | $996.5M | ||
| Q4 24 | — | $973.5M | ||
| Q3 24 | $9.4B | $908.3M | ||
| Q2 24 | $2.3B | $876.6M |
负债/权益比FUNQLYS
| 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 | — | $75.7M |
| 自由现金流经营现金流 - 资本支出 | — | $74.9M |
| 自由现金流率自由现金流/营收 | — | 42.8% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.42× |
| 过去12个月自由现金流最近4个季度 | — | $304.4M |
8季度趋势，按日历期对齐
经营现金流FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $75.7M | ||
| Q3 25 | $356.2M | $90.4M | ||
| Q2 25 | $187.0M | $33.8M | ||
| Q1 25 | $-178.0M | $109.6M | ||
| Q4 24 | — | $47.7M | ||
| Q3 24 | $337.4M | $61.0M | ||
| Q2 24 | — | $49.8M |
自由现金流FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $74.9M | ||
| Q3 25 | $256.2M | $89.5M | ||
| Q2 25 | $18.8M | $32.4M | ||
| Q1 25 | $-318.0M | $107.5M | ||
| Q4 24 | — | $41.9M | ||
| Q3 24 | $227.7M | $57.6M | ||
| Q2 24 | — | $48.8M |
自由现金流率FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 42.8% | ||
| Q3 25 | 19.4% | 52.7% | ||
| Q2 25 | 2.0% | 19.8% | ||
| Q1 25 | -157.4% | 67.3% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | 16.9% | 37.4% | ||
| Q2 24 | — | 32.8% |
资本支出强度FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 0.4% | ||
| Q3 25 | 7.6% | 0.5% | ||
| Q2 25 | 18.1% | 0.8% | ||
| Q1 25 | 69.3% | 1.3% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | 8.1% | 2.2% | ||
| Q2 24 | — | 0.7% |
现金转化率FUNQLYS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 2.31× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 3.04× | 1.32× | ||
| Q2 24 | — | 1.14× |
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% |
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
