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GrowGeneration Corp.（GRWG）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
GrowGeneration Corp.的季度营收约是Rumble Inc.的1.4倍（$37.8M vs $27.1M），GrowGeneration Corp.净利率更高（-19.6% vs -120.8%，领先101.2%），GrowGeneration Corp.同比增速更快（1.0% vs -10.5%），过去两年Rumble Inc.的营收复合增速更高（15.2% vs -11.1%）
GrowGeneration Corp是美国领先的水培及有机园艺用品专业零售商，主营种植灯、营养液、环境控制系统、栽培工具等全系列产品，通过覆盖全国的实体门店和电商渠道，为商业室内种植从业者（包括合法大麻种植商）及家庭园艺爱好者提供服务。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
GRWG vs RUM — 直观对比
营收规模更大
GRWG
是对方的1.4倍
$27.1M
营收增速更快
GRWG
高出11.5%
-10.5%
净利率更高
GRWG
高出101.2%
-120.8%
两年增速更快
RUM
近两年复合增速
-11.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $37.8M | $27.1M |
| 净利润 | $-7.4M | $-32.7M |
| 毛利率 | 24.1% | 5.5% |
| 营业利润率 | -20.1% | -131.1% |
| 净利率 | -19.6% | -120.8% |
| 营收同比 | 1.0% | -10.5% |
| 净利润同比 | 68.2% | 86.2% |
| 每股收益（稀释后） | $-0.12 | $-0.13 |
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GRWGRUM
| Q4 25 | $37.8M | $27.1M | ||
| Q3 25 | $47.3M | $24.8M | ||
| Q2 25 | $41.0M | — | ||
| Q1 25 | $35.7M | $23.7M | ||
| Q4 24 | $37.4M | $30.2M | ||
| Q3 24 | $50.0M | $25.1M | ||
| Q2 24 | $53.5M | $22.5M | ||
| Q1 24 | $47.9M | $17.7M |
净利润GRWGRUM
| Q4 25 | $-7.4M | $-32.7M | ||
| Q3 25 | $-2.4M | $-16.3M | ||
| Q2 25 | $-4.8M | — | ||
| Q1 25 | $-9.4M | $-2.7M | ||
| Q4 24 | $-23.3M | $-236.8M | ||
| Q3 24 | $-11.4M | $-31.5M | ||
| Q2 24 | $-5.9M | $-26.8M | ||
| Q1 24 | $-8.8M | $-43.3M |
毛利率GRWGRUM
| Q4 25 | 24.1% | 5.5% | ||
| Q3 25 | 27.2% | -1.8% | ||
| Q2 25 | 28.3% | — | ||
| Q1 25 | 27.2% | -26.7% | ||
| Q4 24 | 16.4% | -14.2% | ||
| Q3 24 | 21.6% | -45.4% | ||
| Q2 24 | 26.9% | -58.8% | ||
| Q1 24 | 25.8% | -79.5% |
营业利润率GRWGRUM
| Q4 25 | -20.1% | -131.1% | ||
| Q3 25 | -6.0% | -113.6% | ||
| Q2 25 | -12.9% | — | ||
| Q1 25 | -27.7% | -153.5% | ||
| Q4 24 | -63.9% | -80.1% | ||
| Q3 24 | -24.2% | -131.0% | ||
| Q2 24 | -12.2% | -172.7% | ||
| Q1 24 | -19.7% | -197.4% |
净利率GRWGRUM
| Q4 25 | -19.6% | -120.8% | ||
| Q3 25 | -5.2% | -65.7% | ||
| Q2 25 | -11.7% | — | ||
| Q1 25 | -26.3% | -11.2% | ||
| Q4 24 | -62.4% | -783.2% | ||
| Q3 24 | -22.9% | -125.9% | ||
| Q2 24 | -11.0% | -119.2% | ||
| Q1 24 | -18.5% | -244.1% |
每股收益（稀释后）GRWGRUM
| Q4 25 | $-0.12 | $-0.13 | ||
| Q3 25 | $-0.04 | $-0.06 | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.16 | $-0.01 | ||
| Q4 24 | $-0.39 | $-1.17 | ||
| Q3 24 | $-0.19 | $-0.15 | ||
| Q2 24 | $-0.10 | $-0.13 | ||
| Q1 24 | $-0.14 | $-0.21 |
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 | $46.1M | $237.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $97.5M | $274.8M |
| 总资产 | $147.0M | $336.8M |
| 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GRWGRUM
| Q4 25 | $46.1M | $237.9M | ||
| Q3 25 | $48.3M | $269.8M | ||
| Q2 25 | $48.7M | — | ||
| Q1 25 | $52.6M | $301.3M | ||
| Q4 24 | $56.5M | $114.0M | ||
| Q3 24 | $55.2M | $132.0M | ||
| Q2 24 | $56.0M | $154.2M | ||
| Q1 24 | $61.3M | $183.8M |
股东权益GRWGRUM
| Q4 25 | $97.5M | $274.8M | ||
| Q3 25 | $104.7M | $302.2M | ||
| Q2 25 | $106.7M | — | ||
| Q1 25 | $111.2M | $339.6M | ||
| Q4 24 | $120.1M | $-63.1M | ||
| Q3 24 | $143.2M | $166.1M | ||
| Q2 24 | $155.8M | $192.7M | ||
| Q1 24 | $165.3M | $210.7M |
总资产GRWGRUM
| Q4 25 | $147.0M | $336.8M | ||
| Q3 25 | $159.6M | $367.2M | ||
| Q2 25 | $160.6M | — | ||
| Q1 25 | $164.2M | $391.1M | ||
| Q4 24 | $174.4M | $195.3M | ||
| Q3 24 | $199.6M | $217.2M | ||
| Q2 24 | $219.2M | $243.2M | ||
| Q1 24 | $230.4M | $263.0M |
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 | $-2.2M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-31.7M |
| 自由现金流率自由现金流/营收 | — | -117.2% |
| 资本支出强度资本支出/营收 | — | 8.5% |
| 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 | — | $-70.8M |
8季度趋势，按日历期对齐
经营现金流GRWGRUM
| Q4 25 | $-2.2M | $-29.4M | ||
| Q3 25 | $-499.0K | $-10.6M | ||
| Q2 25 | $-2.9M | — | ||
| Q1 25 | $-3.8M | $-14.5M | ||
| Q4 24 | $1.1M | $-12.4M | ||
| Q3 24 | $1.2M | $-19.1M | ||
| Q2 24 | $-398.0K | $-21.7M | ||
| Q1 24 | $-3.6M | $-33.9M |
自由现金流GRWGRUM
| Q4 25 | — | $-31.7M | ||
| Q3 25 | — | $-12.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-19.9M | ||
| Q2 24 | — | $-23.1M | ||
| Q1 24 | — | $-34.3M |
自由现金流率GRWGRUM
| Q4 25 | — | -117.2% | ||
| Q3 25 | — | -48.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -61.7% | ||
| Q4 24 | — | -40.9% | ||
| Q3 24 | — | -79.5% | ||
| Q2 24 | — | -102.8% | ||
| Q1 24 | — | -193.3% |
资本支出强度GRWGRUM
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 2.4% |
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
GRWG
| Consumables | $22.3M | 59% |
| Durables | $9.8M | 26% |
| Commercial Fixture Sales | $5.7M | 15% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
