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盖尔斯（GES）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是盖尔斯的1.6倍（$1.3B vs $791.4M），盖尔斯净利率更高（3.2% vs -63.1%，领先66.3%），盖尔斯同比增速更快（7.2% vs -25.8%），盖尔斯自由现金流更多（$-56.3M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -5.8%）
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费市场拥有较高知名度。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
GES vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.6倍
$791.4M
营收增速更快
GES
高出33.0%
-25.8%
净利率更高
GES
高出66.3%
-63.1%
自由现金流更多
GES
多$1.1B
$-1.1B
两年增速更快
RIVN
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $791.4M | $1.3B |
| 净利润 | $25.6M | $-811.0M |
| 毛利率 | 42.5% | 9.3% |
| 营业利润率 | 2.9% | -64.8% |
| 净利率 | 3.2% | -63.1% |
| 营收同比 | 7.2% | -25.8% |
| 净利润同比 | 209.6% | -9.0% |
| 每股收益（稀释后） | $0.48 | $-0.66 |
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GESRIVN
| Q4 25 | $791.4M | $1.3B | ||
| Q3 25 | $772.9M | $1.6B | ||
| Q2 25 | $647.8M | $1.3B | ||
| Q1 25 | $932.3M | $1.2B | ||
| Q4 24 | $738.5M | $1.7B | ||
| Q3 24 | $732.6M | $874.0M | ||
| Q2 24 | $591.9M | $1.2B | ||
| Q1 24 | $891.0M | $1.2B |
净利润GESRIVN
| Q4 25 | $25.6M | $-811.0M | ||
| Q3 25 | $6.2M | $-1.2B | ||
| Q2 25 | $-32.9M | $-1.1B | ||
| Q1 25 | $81.4M | $-545.0M | ||
| Q4 24 | $-23.4M | $-744.0M | ||
| Q3 24 | $-10.6M | $-1.1B | ||
| Q2 24 | $13.0M | $-1.5B | ||
| Q1 24 | $115.3M | $-1.4B |
毛利率GESRIVN
| Q4 25 | 42.5% | 9.3% | ||
| Q3 25 | 42.5% | 1.5% | ||
| Q2 25 | 39.9% | -15.8% | ||
| Q1 25 | 44.1% | 16.6% | ||
| Q4 24 | 43.6% | 9.8% | ||
| Q3 24 | 43.7% | -44.9% | ||
| Q2 24 | 41.9% | -38.9% | ||
| Q1 24 | 45.4% | -43.8% |
营业利润率GESRIVN
| Q4 25 | 2.9% | -64.8% | ||
| Q3 25 | 2.3% | -63.1% | ||
| Q2 25 | -5.1% | -85.5% | ||
| Q1 25 | 11.1% | -52.8% | ||
| Q4 24 | 5.7% | -38.1% | ||
| Q3 24 | 6.5% | -133.8% | ||
| Q2 24 | -3.4% | -118.7% | ||
| Q1 24 | 16.3% | -123.3% |
净利率GESRIVN
| Q4 25 | 3.2% | -63.1% | ||
| Q3 25 | 0.8% | -75.3% | ||
| Q2 25 | -5.1% | -85.7% | ||
| Q1 25 | 8.7% | -44.0% | ||
| Q4 24 | -3.2% | -42.9% | ||
| Q3 24 | -1.4% | -125.9% | ||
| Q2 24 | 2.2% | -125.8% | ||
| Q1 24 | 12.9% | -120.1% |
每股收益（稀释后）GESRIVN
| Q4 25 | $0.48 | $-0.66 | ||
| Q3 25 | $0.12 | $-0.96 | ||
| Q2 25 | $-0.65 | $-0.97 | ||
| Q1 25 | $1.29 | $-0.48 | ||
| Q4 24 | $-0.47 | $-0.67 | ||
| Q3 24 | $-0.28 | $-1.08 | ||
| Q2 24 | $0.23 | $-1.46 | ||
| Q1 24 | $1.90 | $-1.48 |
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 | $154.2M | $6.1B |
| 总债务越低越好 | $299.5M | — |
| 股东权益账面价值 | $508.5M | $4.6B |
| 总资产 | $3.0B | $14.9B |
| 负债/权益比越低杠杆越低 | 0.59× | — |
8季度趋势，按日历期对齐
现金及短期投资GESRIVN
| Q4 25 | $154.2M | $6.1B | ||
| Q3 25 | $189.6M | $7.1B | ||
| Q2 25 | $151.2M | $7.5B | ||
| Q1 25 | $187.7M | $7.2B | ||
| Q4 24 | $140.9M | $7.7B | ||
| Q3 24 | $218.9M | $6.7B | ||
| Q2 24 | $241.7M | $7.9B | ||
| Q1 24 | $360.3M | $7.9B |
总债务GESRIVN
| Q4 25 | $299.5M | — | ||
| Q3 25 | $258.4M | — | ||
| Q2 25 | $241.7M | — | ||
| Q1 25 | $150.7M | — | ||
| Q4 24 | $238.3M | — | ||
| Q3 24 | $187.8M | — | ||
| Q2 24 | $196.9M | $5.5B | ||
| Q1 24 | $28.2M | $4.4B |
股东权益GESRIVN
| Q4 25 | $508.5M | $4.6B | ||
| Q3 25 | $487.6M | $5.1B | ||
| Q2 25 | $483.6M | $6.1B | ||
| Q1 25 | $505.0M | $6.2B | ||
| Q4 24 | $450.7M | $6.6B | ||
| Q3 24 | $491.2M | $5.9B | ||
| Q2 24 | $565.5M | $6.8B | ||
| Q1 24 | $684.9M | $8.1B |
总资产GESRIVN
| Q4 25 | $3.0B | $14.9B | ||
| Q3 25 | $3.0B | $15.2B | ||
| Q2 25 | $2.9B | $15.6B | ||
| Q1 25 | $2.8B | $15.5B | ||
| Q4 24 | $2.8B | $15.4B | ||
| Q3 24 | $2.8B | $14.3B | ||
| Q2 24 | $2.7B | $15.4B | ||
| Q1 24 | $2.6B | $15.7B |
负债/权益比GESRIVN
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | 0.35× | 0.81× | ||
| Q1 24 | 0.04× | 0.55× |
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 | $-39.5M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $-56.3M | $-1.1B |
| 自由现金流率自由现金流/营收 | -7.1% | -89.0% |
| 资本支出强度资本支出/营收 | 2.1% | 36.0% |
| 现金转化率经营现金流/净利润 | -1.54× | — |
| 过去12个月自由现金流最近4个季度 | $62.5M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流GESRIVN
| Q4 25 | $-39.5M | $-681.0M | ||
| Q3 25 | $74.9M | $26.0M | ||
| Q2 25 | $-73.4M | $64.0M | ||
| Q1 25 | $183.2M | $-188.0M | ||
| Q4 24 | $-83.3M | $1.2B | ||
| Q3 24 | $44.7M | $-876.0M | ||
| Q2 24 | $-22.9M | $-754.0M | ||
| Q1 24 | $289.5M | $-1.3B |
自由现金流GESRIVN
| Q4 25 | $-56.3M | $-1.1B | ||
| Q3 25 | $53.4M | $-421.0M | ||
| Q2 25 | $-95.3M | $-398.0M | ||
| Q1 25 | $160.7M | $-526.0M | ||
| Q4 24 | $-105.4M | $856.0M | ||
| Q3 24 | $24.3M | $-1.2B | ||
| Q2 24 | $-44.0M | $-1.0B | ||
| Q1 24 | $267.8M | $-1.5B |
自由现金流率GESRIVN
| Q4 25 | -7.1% | -89.0% | ||
| Q3 25 | 6.9% | -27.0% | ||
| Q2 25 | -14.7% | -30.5% | ||
| Q1 25 | 17.2% | -42.4% | ||
| Q4 24 | -14.3% | 49.4% | ||
| Q3 24 | 3.3% | -131.9% | ||
| Q2 24 | -7.4% | -89.6% | ||
| Q1 24 | 30.1% | -126.5% |
资本支出强度GESRIVN
| Q4 25 | 2.1% | 36.0% | ||
| Q3 25 | 2.8% | 28.7% | ||
| Q2 25 | 3.4% | 35.5% | ||
| Q1 25 | 2.4% | 27.3% | ||
| Q4 24 | 3.0% | 18.9% | ||
| Q3 24 | 2.8% | 31.7% | ||
| Q2 24 | 3.6% | 24.4% | ||
| Q1 24 | 2.4% | 21.1% |
现金转化率GESRIVN
| Q4 25 | -1.54× | — | ||
| Q3 25 | 12.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.76× | — | ||
| Q1 24 | 2.51× | — |
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
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
