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GDEV Inc.（GDEV）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是GDEV Inc.的1.0倍（$123.0M vs $119.9M），GDEV Inc.同比增速更快（13.3% vs 1.9%）
GDEV Inc.是一家游戏娱乐控股公司，在纳斯达克上市，总部位于塞浦路斯利马索尔。该公司前身为2014年成立的游戏公司Nexters，2023年6月改组为控股集团，是欧洲前五的独立移动游戏企业，旗下拥有Nexters Studio、Cubic Games、Royal Ark、Game Gears、Light Hour Games等工作室，分支机构分布在塞浦路斯、亚美尼亚、哈萨克斯坦等地。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
GDEV vs MSTR — 直观对比
营收规模更大
MSTR
是对方的1.0倍
$119.9M
营收增速更快
GDEV
高出11.4%
1.9%
损益表 — Q2 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $119.9M | $123.0M |
| 净利润 | $16.6M | — |
| 毛利率 | — | 66.1% |
| 营业利润率 | 15.5% | — |
| 净利率 | 13.9% | — |
| 营收同比 | 13.3% | 1.9% |
| 净利润同比 | 13.0% | — |
| 每股收益（稀释后） | $0.90 | — |
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GDEVMSTR
| Q4 25 | — | $123.0M | ||
| Q3 25 | — | $128.7M | ||
| Q2 25 | $119.9M | $114.5M | ||
| Q1 25 | — | $111.1M | ||
| Q4 24 | — | $120.7M | ||
| Q3 24 | — | $116.1M | ||
| Q2 24 | $105.8M | $111.4M | ||
| Q1 24 | — | $115.2M |
净利润GDEVMSTR
| Q4 25 | — | — | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | $16.6M | $10.0B | ||
| Q1 25 | — | $-4.2B | ||
| Q4 24 | — | $-670.8M | ||
| Q3 24 | — | $-340.2M | ||
| Q2 24 | $14.7M | $-102.6M | ||
| Q1 24 | — | $-53.1M |
毛利率GDEVMSTR
| Q4 25 | — | 66.1% | ||
| Q3 25 | — | 70.5% | ||
| Q2 25 | — | 68.8% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 71.7% | ||
| Q3 24 | — | 70.4% | ||
| Q2 24 | — | 72.2% | ||
| Q1 24 | — | 74.0% |
营业利润率GDEVMSTR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | — | -5331.4% | ||
| Q4 24 | — | -842.1% | ||
| Q3 24 | — | -372.7% | ||
| Q2 24 | 14.4% | -179.7% | ||
| Q1 24 | — | -176.8% |
净利率GDEVMSTR
| Q4 25 | — | — | ||
| Q3 25 | — | 2164.1% | ||
| Q2 25 | 13.9% | 8752.7% | ||
| Q1 25 | — | -3797.2% | ||
| Q4 24 | — | -555.8% | ||
| Q3 24 | — | -293.1% | ||
| Q2 24 | 13.9% | -92.0% | ||
| Q1 24 | — | -46.1% |
每股收益（稀释后）GDEVMSTR
| Q4 25 | — | — | ||
| Q3 25 | — | $8.42 | ||
| Q2 25 | $0.90 | $32.60 | ||
| Q1 25 | — | $-16.49 | ||
| Q4 24 | — | $4.49 | ||
| Q3 24 | — | $-1.72 | ||
| Q2 24 | $0.81 | $-0.57 | ||
| Q1 24 | — | $-0.31 |
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 | $41.6M | $2.3B |
| 总债务越低越好 | — | $8.2B |
| 股东权益账面价值 | $-129.4M | $44.1B |
| 总资产 | $210.2M | $61.6B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资GDEVMSTR
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $54.3M | ||
| Q2 25 | $41.6M | $50.1M | ||
| Q1 25 | — | $60.3M | ||
| Q4 24 | — | $38.1M | ||
| Q3 24 | — | $46.3M | ||
| Q2 24 | $50.8M | $66.9M | ||
| Q1 24 | — | $81.3M |
总债务GDEVMSTR
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | — | $8.2B | ||
| Q1 25 | — | $8.1B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | — | $3.6B |
股东权益GDEVMSTR
| Q4 25 | — | $44.1B | ||
| Q3 25 | — | $52.3B | ||
| Q2 25 | $-129.4M | $47.5B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $18.2B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | $-118.7M | $2.8B | ||
| Q1 24 | — | $2.4B |
总资产GDEVMSTR
| Q4 25 | — | $61.6B | ||
| Q3 25 | — | $73.6B | ||
| Q2 25 | $210.2M | $64.8B | ||
| Q1 25 | — | $43.9B | ||
| Q4 24 | — | $25.8B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | $282.8M | $7.1B | ||
| Q1 24 | — | $6.4B |
负债/权益比GDEVMSTR
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.48× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
