vs
GDEV Inc.（GDEV）与Zscaler, Inc.（ZS）财务数据对比。点击上方公司名可切换其他公司
Zscaler, Inc.的季度营收约是GDEV Inc.的6.6倍（$788.1M vs $119.9M）。GDEV Inc.净利率更高（13.9% vs -1.5%，领先15.3%）。Zscaler, Inc.同比增速更快（25.5% vs 13.3%）
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。
Zscaler是总部位于美国加利福尼亚州圣何塞的云安全企业，专注提供云原生安全服务，为全球各行业企业的网络系统与数据资产提供全方位防护，助力企业在数字化运营过程中抵御各类安全风险，保障业务稳定开展。
GDEV vs ZS — 直观对比
营收规模更大
ZS
是对方的6.6倍
$119.9M
营收增速更快
ZS
高出12.2%
13.3%
净利率更高
GDEV
高出15.3%
-1.5%
损益表 — Q2 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $119.9M | $788.1M |
| 净利润 | $16.6M | $-11.6M |
| 毛利率 | — | 76.6% |
| 营业利润率 | 15.5% | -4.6% |
| 净利率 | 13.9% | -1.5% |
| 营收同比 | 13.3% | 25.5% |
| 净利润同比 | 13.0% | 3.6% |
| 每股收益（稀释后） | $0.90 | $-0.07 |
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GDEVZS
| Q4 25 | — | $788.1M | ||
| Q3 25 | — | $719.2M | ||
| Q2 25 | $119.9M | $678.0M | ||
| Q1 25 | — | $647.9M | ||
| Q4 24 | — | $628.0M | ||
| Q3 24 | — | $592.9M | ||
| Q2 24 | $105.8M | $553.2M | ||
| Q1 24 | — | $525.0M |
净利润GDEVZS
| Q4 25 | — | $-11.6M | ||
| Q3 25 | — | $-17.6M | ||
| Q2 25 | $16.6M | $-4.1M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | — | $-12.1M | ||
| Q3 24 | — | $-14.9M | ||
| Q2 24 | $14.7M | $19.1M | ||
| Q1 24 | — | $-28.5M |
毛利率GDEVZS
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 76.1% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 77.5% | ||
| Q3 24 | — | 78.0% | ||
| Q2 24 | — | 78.6% | ||
| Q1 24 | — | 77.7% |
营业利润率GDEVZS
| Q4 25 | — | -4.6% | ||
| Q3 25 | — | -4.5% | ||
| Q2 25 | 15.5% | -3.7% | ||
| Q1 25 | — | -6.2% | ||
| Q4 24 | — | -4.9% | ||
| Q3 24 | — | -4.5% | ||
| Q2 24 | 14.4% | -0.5% | ||
| Q1 24 | — | -8.7% |
净利率GDEVZS
| Q4 25 | — | -1.5% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | 13.9% | -0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | 13.9% | 3.5% | ||
| Q1 24 | — | -5.4% |
每股收益（稀释后）GDEVZS
| Q4 25 | — | $-0.07 | ||
| Q3 25 | — | $-0.11 | ||
| Q2 25 | $0.90 | $-0.03 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $-0.09 | ||
| Q2 24 | $0.81 | $0.12 | ||
| Q1 24 | — | $-0.19 |
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 | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-129.4M | $2.0B |
| 总资产 | $210.2M | $6.5B |
| 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GDEVZS
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $41.6M | $2.0B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $50.8M | $1.3B | ||
| Q1 24 | — | $1.4B |
总债务GDEVZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
股东权益GDEVZS
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | $-129.4M | $1.8B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $-118.7M | $1.1B | ||
| Q1 24 | — | $958.9M |
总资产GDEVZS
| Q4 25 | — | $6.5B | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | $210.2M | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | $4.7B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | $282.8M | $4.2B | ||
| Q1 24 | — | $3.9B |
负债/权益比GDEVZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 1.19× |
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 | — | $448.3M |
| 自由现金流经营现金流 - 资本支出 | — | $431.0M |
| 自由现金流率自由现金流/营收 | — | 54.7% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 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 | — | $924.9M |
8季度趋势，按日历期对齐
经营现金流GDEVZS
| Q4 25 | — | $448.3M | ||
| Q3 25 | — | $250.6M | ||
| Q2 25 | — | $211.1M | ||
| Q1 25 | — | $179.4M | ||
| Q4 24 | — | $331.3M | ||
| Q3 24 | — | $203.6M | ||
| Q2 24 | — | $173.4M | ||
| Q1 24 | — | $142.1M |
自由现金流GDEVZS
| Q4 25 | — | $431.0M | ||
| Q3 25 | — | $190.6M | ||
| Q2 25 | — | $138.9M | ||
| Q1 25 | — | $164.4M | ||
| Q4 24 | — | $314.3M | ||
| Q3 24 | — | $154.2M | ||
| Q2 24 | — | $137.8M | ||
| Q1 24 | — | $111.2M |
自由现金流率GDEVZS
| Q4 25 | — | 54.7% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 25.4% | ||
| Q4 24 | — | 50.1% | ||
| Q3 24 | — | 26.0% | ||
| Q2 24 | — | 24.9% | ||
| Q1 24 | — | 21.2% |
资本支出强度GDEVZS
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 6.4% | ||
| Q1 24 | — | 5.9% |
现金转化率GDEVZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 9.07× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
