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六旗（FUN）与Tarsus Pharmaceuticals, Inc.（TARS）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Tarsus Pharmaceuticals, Inc.的1.5倍（$225.6M vs $151.7M），Tarsus Pharmaceuticals, Inc.净利率更高（-5.5% vs -119.0%，领先113.5%），Tarsus Pharmaceuticals, Inc.同比增速更快（128.4% 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。
Tarsus Pharmaceuticals是一家处于后期临床阶段的生物制药公司，专注于眼科、皮肤科等专科领域创新疗法的研发和商业化，主打产品针对蠕形螨睑缘炎、玫瑰痤疮等未被充分诊断的常见病症，核心市场为美国。
FUN vs TARS — 直观对比
营收规模更大
FUN
是对方的1.5倍
$151.7M
营收增速更快
TARS
高出116.7%
11.7%
净利率更高
TARS
高出113.5%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $151.7M |
| 净利润 | $-268.6M | $-8.4M |
| 毛利率 | — | — |
| 营业利润率 | — | -5.3% |
| 净利率 | -119.0% | -5.5% |
| 营收同比 | 11.7% | 128.4% |
| 净利润同比 | -22.2% | 63.8% |
| 每股收益（稀释后） | — | $-0.17 |
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FUNTARS
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $151.7M | ||
| Q3 25 | $1.3B | $118.7M | ||
| Q2 25 | $930.4M | $102.7M | ||
| Q1 25 | $202.1M | $78.3M | ||
| Q4 24 | — | $66.4M | ||
| Q3 24 | $1.3B | $48.1M | ||
| Q2 24 | $571.6M | $40.8M |
净利润FUNTARS
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $-8.4M | ||
| Q3 25 | $-1.2B | $-12.6M | ||
| Q2 25 | $-99.6M | $-20.3M | ||
| Q1 25 | $-219.7M | $-25.1M | ||
| Q4 24 | — | $-23.1M | ||
| Q3 24 | $111.0M | $-23.4M | ||
| Q2 24 | $55.6M | $-33.3M |
毛利率FUNTARS
| 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FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | -5.3% | ||
| Q3 25 | -83.7% | -12.2% | ||
| Q2 25 | 8.0% | -21.6% | ||
| Q1 25 | -158.9% | -33.5% | ||
| Q4 24 | — | -36.8% | ||
| Q3 24 | 19.5% | -52.3% | ||
| Q2 24 | 21.6% | -81.6% |
净利率FUNTARS
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | -5.5% | ||
| Q3 25 | -90.1% | -10.6% | ||
| Q2 25 | -10.7% | -19.8% | ||
| Q1 25 | -108.7% | -32.1% | ||
| Q4 24 | — | -34.8% | ||
| Q3 24 | 8.2% | -48.7% | ||
| Q2 24 | 9.7% | -81.6% |
每股收益（稀释后）FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-0.17 | ||
| Q3 25 | $-11.77 | $-0.30 | ||
| Q2 25 | $-0.99 | $-0.48 | ||
| Q1 25 | $-2.20 | $-0.64 | ||
| Q4 24 | — | $-0.57 | ||
| Q3 24 | $1.10 | $-0.61 | ||
| Q2 24 | — | $-0.88 |
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 | $417.3M |
| 总债务越低越好 | — | $72.4M |
| 股东权益账面价值 | $279.2M | $343.4M |
| 总资产 | $7.7B | $562.2M |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资FUNTARS
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $417.3M | ||
| Q3 25 | $70.7M | $401.8M | ||
| Q2 25 | $107.4M | $381.1M | ||
| Q1 25 | $61.5M | $407.9M | ||
| Q4 24 | — | $291.4M | ||
| Q3 24 | $89.7M | $317.0M | ||
| Q2 24 | $52.9M | $323.6M |
总债务FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $72.4M | ||
| Q3 25 | $5.0B | $72.3M | ||
| Q2 25 | $5.3B | $72.1M | ||
| Q1 25 | $5.0B | $72.0M | ||
| Q4 24 | — | $71.8M | ||
| Q3 24 | $4.6B | $71.7M | ||
| Q2 24 | $2.3B | $71.6M |
股东权益FUNTARS
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $343.4M | ||
| Q3 25 | $614.3M | $335.1M | ||
| Q2 25 | $1.8B | $332.6M | ||
| Q1 25 | $1.8B | $342.5M | ||
| Q4 24 | — | $224.5M | ||
| Q3 24 | $2.3B | $237.5M | ||
| Q2 24 | — | $252.2M |
总资产FUNTARS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $562.2M | ||
| Q3 25 | $7.9B | $534.6M | ||
| Q2 25 | $9.5B | $495.0M | ||
| Q1 25 | $9.2B | $500.8M | ||
| Q4 24 | — | $377.0M | ||
| Q3 24 | $9.4B | $376.3M | ||
| Q2 24 | $2.3B | $376.8M |
负债/权益比FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | 0.21× | ||
| Q3 25 | 8.16× | 0.22× | ||
| Q2 25 | 2.97× | 0.22× | ||
| Q1 25 | 2.75× | 0.21× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | 1.95× | 0.30× | ||
| Q2 24 | — | 0.28× |
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 | — | $19.3M |
| 自由现金流经营现金流 - 资本支出 | — | $13.0M |
| 自由现金流率自由现金流/营收 | — | 8.6% |
| 资本支出强度资本支出/营收 | — | 4.2% |
| 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 | — | $-22.3M |
8季度趋势，按日历期对齐
经营现金流FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $19.3M | ||
| Q3 25 | $356.2M | $18.3M | ||
| Q2 25 | $187.0M | $-29.4M | ||
| Q1 25 | $-178.0M | $-20.7M | ||
| Q4 24 | — | $-22.2M | ||
| Q3 24 | $337.4M | $-8.7M | ||
| Q2 24 | — | $-14.4M |
自由现金流FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $13.0M | ||
| Q3 25 | $256.2M | $16.3M | ||
| Q2 25 | $18.8M | $-30.4M | ||
| Q1 25 | $-318.0M | $-21.2M | ||
| Q4 24 | — | $-22.3M | ||
| Q3 24 | $227.7M | $-8.9M | ||
| Q2 24 | — | $-15.4M |
自由现金流率FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 8.6% | ||
| Q3 25 | 19.4% | 13.8% | ||
| Q2 25 | 2.0% | -29.6% | ||
| Q1 25 | -157.4% | -27.1% | ||
| Q4 24 | — | -33.5% | ||
| Q3 24 | 16.9% | -18.6% | ||
| Q2 24 | — | -37.8% |
资本支出强度FUNTARS
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 4.2% | ||
| Q3 25 | 7.6% | 1.6% | ||
| Q2 25 | 18.1% | 1.0% | ||
| Q1 25 | 69.3% | 0.8% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 8.1% | 0.6% | ||
| Q2 24 | — | 2.5% |
现金转化率FUNTARS
| 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% |
TARS
暂无分部数据
