vs
Gogo Inc.（GOGO）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ROYAL GOLD INC的季度营收约是Gogo Inc.的1.6倍（$375.3M vs $230.6M），ROYAL GOLD INC净利率更高（24.9% vs -4.3%，领先29.3%），ROYAL GOLD INC同比增速更快（85.3% vs 67.3%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 48.7%）
Gogo Inc.是美国公务机机载宽带互联网及连接服务提供商，总部位于科罗拉多州布鲁姆菲尔德。截至目前，已有超过2500架商用飞机和6600架公务机安装了该公司的机载Wi-Fi服务。该公司曾面向民航业提供机上WiFi服务，2020年12月已将这块民航业务以4亿美元出售给国际通信卫星组织。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
GOGO vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.6倍
$230.6M
营收增速更快
RGLD
高出18.0%
67.3%
净利率更高
RGLD
高出29.3%
-4.3%
两年增速更快
RGLD
近两年复合增速
48.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $230.6M | $375.3M |
| 净利润 | $-10.0M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 6.2% | 56.2% |
| 净利率 | -4.3% | 24.9% |
| 营收同比 | 67.3% | 85.3% |
| 净利润同比 | 64.6% | -12.8% |
| 每股收益（稀释后） | $-0.08 | $1.04 |
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GOGORGLD
| Q4 25 | $230.6M | $375.3M | ||
| Q3 25 | $223.6M | $252.1M | ||
| Q2 25 | $226.0M | $209.6M | ||
| Q1 25 | $230.3M | $193.4M | ||
| Q4 24 | $137.8M | $202.6M | ||
| Q3 24 | $100.5M | $193.8M | ||
| Q2 24 | $102.1M | $174.1M | ||
| Q1 24 | $104.3M | $148.9M |
净利润GOGORGLD
| Q4 25 | $-10.0M | $93.6M | ||
| Q3 25 | $-1.9M | $126.8M | ||
| Q2 25 | $12.8M | $132.3M | ||
| Q1 25 | $12.0M | $113.5M | ||
| Q4 24 | $-28.2M | $107.4M | ||
| Q3 24 | $10.6M | $96.2M | ||
| Q2 24 | $839.0K | $81.2M | ||
| Q1 24 | $30.5M | $47.2M |
毛利率GOGORGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | 87.8% | 72.6% | ||
| Q1 25 | 87.3% | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 66.6% | ||
| Q2 24 | — | 64.7% | ||
| Q1 24 | — | 58.4% |
营业利润率GOGORGLD
| Q4 25 | 6.2% | 56.2% | ||
| Q3 25 | 12.9% | 64.4% | ||
| Q2 25 | 15.9% | 67.7% | ||
| Q1 25 | 15.3% | 63.6% | ||
| Q4 24 | -17.5% | 65.9% | ||
| Q3 24 | 19.0% | 61.3% | ||
| Q2 24 | 21.2% | 58.6% | ||
| Q1 24 | 33.2% | 50.7% |
净利率GOGORGLD
| Q4 25 | -4.3% | 24.9% | ||
| Q3 25 | -0.9% | 50.3% | ||
| Q2 25 | 5.7% | 63.1% | ||
| Q1 25 | 5.2% | 58.7% | ||
| Q4 24 | -20.5% | 53.0% | ||
| Q3 24 | 10.6% | 49.7% | ||
| Q2 24 | 0.8% | 46.6% | ||
| Q1 24 | 29.2% | 31.7% |
每股收益（稀释后）GOGORGLD
| Q4 25 | $-0.08 | $1.04 | ||
| Q3 25 | $-0.01 | $1.92 | ||
| Q2 25 | $0.09 | $2.01 | ||
| Q1 25 | $0.09 | $1.72 | ||
| Q4 24 | $-0.22 | $1.63 | ||
| Q3 24 | $0.08 | $1.46 | ||
| Q2 24 | $0.01 | $1.23 | ||
| Q1 24 | $0.23 | $0.72 |
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 | $125.2M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $101.1M | $7.2B |
| 总资产 | $1.3B | $9.5B |
| 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GOGORGLD
| Q4 25 | $125.2M | $233.7M | ||
| Q3 25 | $133.6M | $172.8M | ||
| Q2 25 | $102.1M | $248.2M | ||
| Q1 25 | $70.3M | $240.8M | ||
| Q4 24 | $41.8M | $195.5M | ||
| Q3 24 | $176.7M | $127.9M | ||
| Q2 24 | $161.6M | $74.2M | ||
| Q1 24 | $152.8M | $137.9M |
总债务GOGORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益GOGORGLD
| Q4 25 | $101.1M | $7.2B | ||
| Q3 25 | $107.0M | $3.4B | ||
| Q2 25 | $102.8M | $3.3B | ||
| Q1 25 | $82.9M | $3.2B | ||
| Q4 24 | $69.3M | $3.1B | ||
| Q3 24 | $52.7M | $3.0B | ||
| Q2 24 | $52.0M | $3.0B | ||
| Q1 24 | $62.4M | $2.9B |
总资产GOGORGLD
| Q4 25 | $1.3B | $9.5B | ||
| Q3 25 | $1.3B | $4.5B | ||
| Q2 25 | $1.3B | $3.6B | ||
| Q1 25 | $1.2B | $3.5B | ||
| Q4 24 | $1.2B | $3.4B | ||
| Q3 24 | $810.7M | $3.3B | ||
| Q2 24 | $802.7M | $3.3B | ||
| Q1 24 | $809.0M | $3.3B |
负债/权益比GOGORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 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 | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-25.4M | — |
| 自由现金流率自由现金流/营收 | -11.0% | — |
| 资本支出强度资本支出/营收 | 14.7% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $65.1M | — |
8季度趋势，按日历期对齐
经营现金流GOGORGLD
| Q4 25 | $8.5M | $241.7M | ||
| Q3 25 | $46.8M | $174.0M | ||
| Q2 25 | $36.7M | $152.8M | ||
| Q1 25 | $32.5M | $136.4M | ||
| Q4 24 | $-38.3M | $141.1M | ||
| Q3 24 | $25.1M | $136.7M | ||
| Q2 24 | $24.9M | $113.5M | ||
| Q1 24 | $29.7M | $138.3M |
自由现金流GOGORGLD
| Q4 25 | $-25.4M | — | ||
| Q3 25 | $27.3M | — | ||
| Q2 25 | $33.5M | — | ||
| Q1 25 | $29.7M | — | ||
| Q4 24 | $-42.6M | — | ||
| Q3 24 | $20.7M | — | ||
| Q2 24 | $21.6M | — | ||
| Q1 24 | $28.2M | — |
自由现金流率GOGORGLD
| Q4 25 | -11.0% | — | ||
| Q3 25 | 12.2% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 12.9% | — | ||
| Q4 24 | -30.9% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 21.1% | — | ||
| Q1 24 | 27.0% | — |
资本支出强度GOGORGLD
| Q4 25 | 14.7% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 1.4% | — |
现金转化率GOGORGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | 2.87× | 1.15× | ||
| Q1 25 | 2.70× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | 2.36× | 1.42× | ||
| Q2 24 | 29.74× | 1.40× | ||
| Q1 24 | 0.97× | 2.93× |
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
GOGO
| Services | $191.9M | 83% |
| Products | $38.7M | 17% |
| Fcc Reimbursement Program | $2.0M | 1% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
