vs
Global Payments（GPN）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是Global Payments的1.1倍（$1.4B vs $1.3B），Global Payments净利率更高（16.4% vs -22.3%，领先38.7%），罗布乐思同比增速更快（43.2% vs -47.1%），Global Payments自由现金流更多（$347.0M vs $308.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs -25.9%）
Global Payments Inc.是美国跨国金融科技企业，面向商户、发卡机构及消费者提供支付技术与相关服务，支持信用卡、借记卡、数字支付及非接触式支付的交易处理，2021年6月入选《财富》500强榜单。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
GPN vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.1倍
$1.3B
营收增速更快
RBLX
高出90.3%
-47.1%
净利率更高
GPN
高出38.7%
-22.3%
自由现金流更多
GPN
多$38.4M
$308.6M
两年增速更快
RBLX
近两年复合增速
-25.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $217.5M | $-316.0M |
| 毛利率 | 89.7% | 77.7% |
| 营业利润率 | 5.9% | -25.3% |
| 净利率 | 16.4% | -22.3% |
| 营收同比 | -47.1% | 43.2% |
| 净利润同比 | -61.6% | -43.9% |
| 每股收益（稀释后） | $0.91 | $-0.44 |
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GPNRBLX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $2.4B | $1.0B | ||
| Q4 24 | $2.5B | $988.2M | ||
| Q3 24 | $2.6B | $919.0M | ||
| Q2 24 | $2.6B | $893.5M | ||
| Q1 24 | $2.4B | $801.3M |
净利润GPNRBLX
| Q4 25 | $217.5M | $-316.0M | ||
| Q3 25 | $635.2M | $-255.6M | ||
| Q2 25 | $241.6M | $-278.4M | ||
| Q1 25 | $305.7M | $-215.1M | ||
| Q4 24 | $567.2M | $-219.6M | ||
| Q3 24 | $315.1M | $-239.3M | ||
| Q2 24 | $374.8M | $-205.9M | ||
| Q1 24 | $313.3M | $-270.6M |
毛利率GPNRBLX
| Q4 25 | 89.7% | 77.7% | ||
| Q3 25 | 72.3% | 78.2% | ||
| Q2 25 | 74.5% | 78.2% | ||
| Q1 25 | 61.8% | 78.3% | ||
| Q4 24 | 62.1% | 77.9% | ||
| Q3 24 | 63.6% | 77.7% | ||
| Q2 24 | 63.5% | 77.8% | ||
| Q1 24 | 61.9% | 77.7% |
营业利润率GPNRBLX
| Q4 25 | 5.9% | -25.3% | ||
| Q3 25 | 38.8% | -21.8% | ||
| Q2 25 | 21.8% | -29.8% | ||
| Q1 25 | 19.5% | -24.6% | ||
| Q4 24 | 33.1% | -24.7% | ||
| Q3 24 | 18.3% | -30.4% | ||
| Q2 24 | 22.3% | -26.6% | ||
| Q1 24 | 18.7% | -37.7% |
净利率GPNRBLX
| Q4 25 | 16.4% | -22.3% | ||
| Q3 25 | 31.6% | -18.8% | ||
| Q2 25 | 12.3% | -25.8% | ||
| Q1 25 | 12.7% | -20.8% | ||
| Q4 24 | 22.5% | -22.2% | ||
| Q3 24 | 12.1% | -26.0% | ||
| Q2 24 | 14.6% | -23.0% | ||
| Q1 24 | 12.9% | -33.8% |
每股收益（稀释后）GPNRBLX
| Q4 25 | $0.91 | $-0.44 | ||
| Q3 25 | $2.64 | $-0.37 | ||
| Q2 25 | $0.99 | $-0.41 | ||
| Q1 25 | $1.24 | $-0.32 | ||
| Q4 24 | $2.23 | $-0.32 | ||
| Q3 24 | $1.24 | $-0.37 | ||
| Q2 24 | $1.47 | $-0.32 | ||
| Q1 24 | $1.22 | $-0.43 |
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 | $8.3B | $3.1B |
| 总债务越低越好 | $19.5B | $1.2B |
| 股东权益账面价值 | $22.9B | $394.5M |
| 总资产 | $53.3B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.85× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资GPNRBLX
| Q4 25 | $8.3B | $3.1B | ||
| Q3 25 | $2.6B | $2.9B | ||
| Q2 25 | $2.6B | $2.6B | ||
| Q1 25 | $2.9B | $2.7B | ||
| Q4 24 | $2.5B | $2.4B | ||
| Q3 24 | $2.9B | $2.3B | ||
| Q2 24 | $2.1B | $2.4B | ||
| Q1 24 | $2.2B | $2.4B |
总债务GPNRBLX
| Q4 25 | $19.5B | $1.2B | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $14.2B | — | ||
| Q1 25 | $15.0B | — | ||
| Q4 24 | $15.2B | $1.2B | ||
| Q3 24 | $15.2B | — | ||
| Q2 24 | $15.6B | — | ||
| Q1 24 | $15.6B | — |
股东权益GPNRBLX
| Q4 25 | $22.9B | $394.5M | ||
| Q3 25 | $22.7B | $407.6M | ||
| Q2 25 | $22.6B | $353.2M | ||
| Q1 25 | $22.2B | $310.7M | ||
| Q4 24 | $22.3B | $221.4M | ||
| Q3 24 | $22.8B | $189.9M | ||
| Q2 24 | $22.4B | $121.5M | ||
| Q1 24 | $22.2B | $71.6M |
总资产GPNRBLX
| Q4 25 | $53.3B | $9.6B | ||
| Q3 25 | $48.0B | $8.6B | ||
| Q2 25 | $48.5B | $7.8B | ||
| Q1 25 | $47.6B | $7.5B | ||
| Q4 24 | $46.9B | $7.2B | ||
| Q3 24 | $50.0B | $6.7B | ||
| Q2 24 | $50.8B | $6.5B | ||
| Q1 24 | $51.8B | $6.3B |
负债/权益比GPNRBLX
| Q4 25 | 0.85× | 2.98× | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.68× | 5.48× | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.70× | — |
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 | $515.2M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $347.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 26.1% | 21.8% |
| 资本支出强度资本支出/营收 | 12.7% | 21.1% |
| 现金转化率经营现金流/净利润 | 2.37× | — |
| 过去12个月自由现金流最近4个季度 | $2.0B | $1.4B |
8季度趋势，按日历期对齐
经营现金流GPNRBLX
| Q4 25 | $515.2M | $607.0M | ||
| Q3 25 | $768.7M | $546.2M | ||
| Q2 25 | $817.5M | $199.3M | ||
| Q1 25 | $555.1M | $443.9M | ||
| Q4 24 | $653.4M | $184.5M | ||
| Q3 24 | $1.7B | $247.4M | ||
| Q2 24 | $736.9M | $151.4M | ||
| Q1 24 | $416.3M | $238.9M |
自由现金流GPNRBLX
| Q4 25 | $347.0M | $308.6M | ||
| Q3 25 | $598.9M | $443.6M | ||
| Q2 25 | $665.4M | $176.7M | ||
| Q1 25 | $427.5M | $426.5M | ||
| Q4 24 | $469.4M | $120.6M | ||
| Q3 24 | $1.6B | $218.0M | ||
| Q2 24 | $557.7M | $111.7M | ||
| Q1 24 | $270.9M | $192.3M |
自由现金流率GPNRBLX
| Q4 25 | 26.1% | 21.8% | ||
| Q3 25 | 29.8% | 32.6% | ||
| Q2 25 | 34.0% | 16.3% | ||
| Q1 25 | 17.7% | 41.2% | ||
| Q4 24 | 18.7% | 12.2% | ||
| Q3 24 | 60.0% | 23.7% | ||
| Q2 24 | 21.7% | 12.5% | ||
| Q1 24 | 11.2% | 24.0% |
资本支出强度GPNRBLX
| Q4 25 | 12.7% | 21.1% | ||
| Q3 25 | 8.5% | 7.5% | ||
| Q2 25 | 7.8% | 2.1% | ||
| Q1 25 | 5.3% | 1.7% | ||
| Q4 24 | 7.3% | 6.5% | ||
| Q3 24 | 6.4% | 3.2% | ||
| Q2 24 | 7.0% | 4.4% | ||
| Q1 24 | 6.0% | 5.8% |
现金转化率GPNRBLX
| Q4 25 | 2.37× | — | ||
| Q3 25 | 1.21× | — | ||
| Q2 25 | 3.38× | — | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 5.48× | — | ||
| Q2 24 | 1.97× | — | ||
| Q1 24 | 1.33× | — |
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
GPN
| Integrated And Embedded Solutions | $869.3M | 65% |
| Point Of Sale And Software Solutions | $281.7M | 21% |
| Other | $178.4M | 13% |
RBLX
暂无分部数据
