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六旗（FUN）与Tilray Brands, Inc.（TLRY）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Tilray Brands, Inc.的1.0倍（$225.6M vs $217.5M），Tilray Brands, Inc.净利率更高（-20.7% vs -119.0%，领先98.4%），六旗同比增速更快（11.7% vs 3.1%）
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。
Tilray Brands, Inc.是一家美国企业，主营医药、大麻生活方式产品以及包装消费品业务，公司注册于美国，总部坐落于纽约。该公司在加拿大、澳大利亚、新西兰、拉美地区均开展业务，同时在德国和葡萄牙拥有大麻种植基地。
FUN vs TLRY — 直观对比
营收规模更大
FUN
是对方的1.0倍
$217.5M
营收增速更快
FUN
高出8.6%
3.1%
净利率更高
TLRY
高出98.4%
-119.0%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $217.5M |
| 净利润 | $-268.6M | $-44.9M |
| 毛利率 | — | 26.4% |
| 营业利润率 | — | -10.2% |
| 净利率 | -119.0% | -20.7% |
| 营收同比 | 11.7% | 3.1% |
| 净利润同比 | -22.2% | 47.4% |
| 每股收益（稀释后） | — | $-0.41 |
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FUNTLRY
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $217.5M | ||
| Q3 25 | $1.3B | $209.5M | ||
| Q2 25 | $930.4M | $224.5M | ||
| Q1 25 | $202.1M | $185.8M | ||
| Q4 24 | — | $210.9M | ||
| Q3 24 | $1.3B | $200.0M | ||
| Q2 24 | $571.6M | $229.9M |
净利润FUNTLRY
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $-44.9M | ||
| Q3 25 | $-1.2B | $-322.0K | ||
| Q2 25 | $-99.6M | $-1.3B | ||
| Q1 25 | $-219.7M | $-789.4M | ||
| Q4 24 | — | $-85.3M | ||
| Q3 24 | $111.0M | $-39.2M | ||
| Q2 24 | $55.6M | $-31.7M |
毛利率FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 26.4% | ||
| Q3 25 | 91.6% | 27.4% | ||
| Q2 25 | 91.3% | 30.1% | ||
| Q1 25 | 89.3% | 28.0% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | 91.9% | 29.8% | ||
| Q2 24 | 90.7% | 35.8% |
营业利润率FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | -10.2% | ||
| Q3 25 | -83.7% | 1.0% | ||
| Q2 25 | 8.0% | -643.1% | ||
| Q1 25 | -158.9% | -409.0% | ||
| Q4 24 | — | -20.0% | ||
| Q3 24 | 19.5% | -18.3% | ||
| Q2 24 | 21.6% | -7.2% |
净利率FUNTLRY
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | -20.7% | ||
| Q3 25 | -90.1% | -0.2% | ||
| Q2 25 | -10.7% | -566.9% | ||
| Q1 25 | -108.7% | -424.9% | ||
| Q4 24 | — | -40.5% | ||
| Q3 24 | 8.2% | -19.6% | ||
| Q2 24 | 9.7% | -13.8% |
每股收益（稀释后）FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-0.41 | ||
| Q3 25 | $-11.77 | $0.00 | ||
| Q2 25 | $-0.99 | $7.26 | ||
| Q1 25 | $-2.20 | $-8.69 | ||
| Q4 24 | — | $-0.99 | ||
| Q3 24 | $1.10 | $-0.04 | ||
| Q2 24 | — | $-0.04 |
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 | $291.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $1.6B |
| 总资产 | $7.7B | $2.1B |
| 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FUNTLRY
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $291.6M | ||
| Q3 25 | $70.7M | $264.8M | ||
| Q2 25 | $107.4M | $256.4M | ||
| Q1 25 | $61.5M | — | ||
| Q4 24 | — | $252.2M | ||
| Q3 24 | $89.7M | $280.1M | ||
| Q2 24 | $52.9M | $260.5M |
总债务FUNTLRY
| 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FUNTLRY
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $1.6B | ||
| Q3 25 | $614.3M | $1.5B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $2.7B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | $2.3B | $3.5B | ||
| Q2 24 | — | $3.4B |
总资产FUNTLRY
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $2.1B | ||
| Q3 25 | $7.9B | $2.1B | ||
| Q2 25 | $9.5B | $2.1B | ||
| Q1 25 | $9.2B | — | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | $9.4B | $4.3B | ||
| Q2 24 | $2.3B | $4.2B |
负债/权益比FUNTLRY
| 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 | — | $-8.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $-8.5M | ||
| Q3 25 | $356.2M | $-1.3M | ||
| Q2 25 | $187.0M | $-12.8M | ||
| Q1 25 | $-178.0M | $-5.8M | ||
| Q4 24 | — | $-40.7M | ||
| Q3 24 | $337.4M | $-35.3M | ||
| Q2 24 | — | $30.7M |
自由现金流FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | — | ||
| Q3 25 | $256.2M | — | ||
| Q2 25 | $18.8M | $-19.1M | ||
| Q1 25 | $-318.0M | $-20.2M | ||
| Q4 24 | — | $-46.2M | ||
| Q3 24 | $227.7M | $-42.0M | ||
| Q2 24 | — | $21.0M |
自由现金流率FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | — | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 2.0% | -8.5% | ||
| Q1 25 | -157.4% | -10.9% | ||
| Q4 24 | — | -21.9% | ||
| Q3 24 | 16.9% | -21.0% | ||
| Q2 24 | — | 9.1% |
资本支出强度FUNTLRY
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 7.6% | — | ||
| Q2 25 | 18.1% | 2.8% | ||
| Q1 25 | 69.3% | 7.8% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 8.1% | 3.4% | ||
| Q2 24 | — | 4.2% |
现金转化率FUNTLRY
| 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% |
TLRY
| Adultuse Cannabis Products | $62.4M | 29% |
| Other | $59.2M | 27% |
| Beverage Alcohol Business | $53.6M | 25% |
| International Cannabis Products | $20.2M | 9% |
| Wellness Business | $14.6M | 7% |
| Medical Cannabis Products | $6.2M | 3% |
| Wholesale Cannabis Products | $1.3M | 1% |
