vs
罗宾汉（HOOD）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罗宾汉的1.1倍（$1.4B vs $1.3B），罗宾汉净利率更高（47.2% vs -22.3%，领先69.5%），罗布乐思同比增速更快（43.2% vs 26.5%），过去两年罗宾汉的营收复合增速更高（44.1% vs 32.9%）
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
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。
HOOD 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16.7%
26.5%
净利率更高
HOOD
高出69.5%
-22.3%
两年增速更快
HOOD
近两年复合增速
32.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $605.0M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 51.5% | -25.3% |
| 净利率 | 47.2% | -22.3% |
| 营收同比 | 26.5% | 43.2% |
| 净利润同比 | -34.0% | -43.9% |
| 每股收益（稀释后） | $0.65 | $-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HOODRBLX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $989.0M | $1.1B | ||
| Q1 25 | $927.0M | $1.0B | ||
| Q4 24 | $1.0B | $988.2M | ||
| Q3 24 | $637.0M | $919.0M | ||
| Q2 24 | $682.0M | $893.5M | ||
| Q1 24 | $618.0M | $801.3M |
净利润HOODRBLX
| Q4 25 | $605.0M | $-316.0M | ||
| Q3 25 | $556.0M | $-255.6M | ||
| Q2 25 | $386.0M | $-278.4M | ||
| Q1 25 | $336.0M | $-215.1M | ||
| Q4 24 | $916.0M | $-219.6M | ||
| Q3 24 | $150.0M | $-239.3M | ||
| Q2 24 | $188.0M | $-205.9M | ||
| Q1 24 | $157.0M | $-270.6M |
毛利率HOODRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率HOODRBLX
| Q4 25 | 51.5% | -25.3% | ||
| Q3 25 | 49.8% | -21.8% | ||
| Q2 25 | 44.7% | -29.8% | ||
| Q1 25 | 40.0% | -24.6% | ||
| Q4 24 | 55.0% | -24.7% | ||
| Q3 24 | 24.0% | -30.4% | ||
| Q2 24 | 28.0% | -26.6% | ||
| Q1 24 | 26.2% | -37.7% |
净利率HOODRBLX
| Q4 25 | 47.2% | -22.3% | ||
| Q3 25 | 43.6% | -18.8% | ||
| Q2 25 | 39.0% | -25.8% | ||
| Q1 25 | 36.2% | -20.8% | ||
| Q4 24 | 90.3% | -22.2% | ||
| Q3 24 | 23.5% | -26.0% | ||
| Q2 24 | 27.6% | -23.0% | ||
| Q1 24 | 25.4% | -33.8% |
每股收益（稀释后）HOODRBLX
| Q4 25 | $0.65 | $-0.44 | ||
| Q3 25 | $0.61 | $-0.37 | ||
| Q2 25 | $0.42 | $-0.41 | ||
| Q1 25 | $0.37 | $-0.32 | ||
| Q4 24 | $1.00 | $-0.32 | ||
| Q3 24 | $0.17 | $-0.37 | ||
| Q2 24 | $0.21 | $-0.32 | ||
| Q1 24 | $0.18 | $-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 | $4.3B | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $9.2B | $394.5M |
| 总资产 | $38.1B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资HOODRBLX
| Q4 25 | $4.3B | $3.1B | ||
| Q3 25 | $4.3B | $2.9B | ||
| Q2 25 | $4.2B | $2.6B | ||
| Q1 25 | $4.4B | $2.7B | ||
| Q4 24 | $4.3B | $2.4B | ||
| Q3 24 | $4.6B | $2.3B | ||
| Q2 24 | $4.5B | $2.4B | ||
| Q1 24 | $4.7B | $2.4B |
总债务HOODRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HOODRBLX
| Q4 25 | $9.2B | $394.5M | ||
| Q3 25 | $8.6B | $407.6M | ||
| Q2 25 | $8.1B | $353.2M | ||
| Q1 25 | $8.0B | $310.7M | ||
| Q4 24 | $8.0B | $221.4M | ||
| Q3 24 | $7.2B | $189.9M | ||
| Q2 24 | $7.1B | $121.5M | ||
| Q1 24 | $6.9B | $71.6M |
总资产HOODRBLX
| Q4 25 | $38.1B | $9.6B | ||
| Q3 25 | $41.5B | $8.6B | ||
| Q2 25 | $35.3B | $7.8B | ||
| Q1 25 | $27.5B | $7.5B | ||
| Q4 24 | $26.2B | $7.2B | ||
| Q3 24 | $43.2B | $6.7B | ||
| Q2 24 | $41.3B | $6.5B | ||
| Q1 24 | $46.1B | $6.3B |
负债/权益比HOODRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $-937.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | — | $308.6M |
| 自由现金流率自由现金流/营收 | — | 21.8% |
| 资本支出强度资本支出/营收 | — | 21.1% |
| 现金转化率经营现金流/净利润 | -1.55× | — |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流HOODRBLX
| Q4 25 | $-937.0M | $607.0M | ||
| Q3 25 | $-1.6B | $546.2M | ||
| Q2 25 | $3.5B | $199.3M | ||
| Q1 25 | $642.0M | $443.9M | ||
| Q4 24 | $-1.4B | $184.5M | ||
| Q3 24 | $1.8B | $247.4M | ||
| Q2 24 | $54.0M | $151.4M | ||
| Q1 24 | $-623.0M | $238.9M |
自由现金流HOODRBLX
| Q4 25 | — | $308.6M | ||
| Q3 25 | — | $443.6M | ||
| Q2 25 | — | $176.7M | ||
| Q1 25 | — | $426.5M | ||
| Q4 24 | — | $120.6M | ||
| Q3 24 | — | $218.0M | ||
| Q2 24 | — | $111.7M | ||
| Q1 24 | — | $192.3M |
自由现金流率HOODRBLX
| Q4 25 | — | 21.8% | ||
| Q3 25 | — | 32.6% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 41.2% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 23.7% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 24.0% |
资本支出强度HOODRBLX
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 5.8% |
现金转化率HOODRBLX
| Q4 25 | -1.55× | — | ||
| Q3 25 | -2.83× | — | ||
| Q2 25 | 9.09× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | -1.53× | — | ||
| Q3 24 | 12.08× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | -3.97× | — |
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
HOOD
| Other | $365.0M | 28% |
| Options | $314.0M | 24% |
| Cryptocurrencies | $221.0M | 17% |
| Other Transaction Based Revenues | $147.0M | 11% |
| Financial Service Other | $96.0M | 7% |
| Equities | $94.0M | 7% |
| Other Revenue | $35.0M | 3% |
| Proxy Revenues | $11.0M | 1% |
RBLX
暂无分部数据
