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罗宾汉（HOOD）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是罗宾汉的1.1倍（$1.2B vs $1.1B），罗宾汉净利率更高（32.4% vs 8.9%，领先23.5%），Sunrun Inc.同比增速更快（123.5% vs 15.1%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 25.1%）
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。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
HOOD vs RUN — 直观对比
营收规模更大
RUN
是对方的1.1倍
$1.1B
营收增速更快
RUN
高出108.4%
15.1%
净利率更高
HOOD
高出23.5%
8.9%
两年增速更快
RUN
近两年复合增速
25.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $346.0M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | 38.5% | 8.4% |
| 净利率 | 32.4% | 8.9% |
| 营收同比 | 15.1% | 123.5% |
| 净利润同比 | 3.0% | 103.7% |
| 每股收益（稀释后） | $0.38 | $0.38 |
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HOODRUN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $724.6M | ||
| Q2 25 | $989.0M | $569.3M | ||
| Q1 25 | $927.0M | $504.3M | ||
| Q4 24 | $1.0B | $518.5M | ||
| Q3 24 | $637.0M | $537.2M | ||
| Q2 24 | $682.0M | $523.9M |
净利润HOODRUN
| Q1 26 | $346.0M | — | ||
| Q4 25 | $605.0M | $103.6M | ||
| Q3 25 | $556.0M | $16.6M | ||
| Q2 25 | $386.0M | $279.8M | ||
| Q1 25 | $336.0M | $50.0M | ||
| Q4 24 | $916.0M | $-2.8B | ||
| Q3 24 | $150.0M | $-83.8M | ||
| Q2 24 | $188.0M | $139.1M |
营业利润率HOODRUN
| Q1 26 | 38.5% | — | ||
| Q4 25 | 51.5% | 8.4% | ||
| Q3 25 | 49.8% | 0.5% | ||
| Q2 25 | 44.7% | -19.7% | ||
| Q1 25 | 40.0% | -22.8% | ||
| Q4 24 | 55.0% | -628.0% | ||
| Q3 24 | 24.0% | -23.8% | ||
| Q2 24 | 28.0% | -24.4% |
净利率HOODRUN
| Q1 26 | 32.4% | — | ||
| Q4 25 | 47.2% | 8.9% | ||
| Q3 25 | 43.6% | 2.3% | ||
| Q2 25 | 39.0% | 49.1% | ||
| Q1 25 | 36.2% | 9.9% | ||
| Q4 24 | 90.3% | -542.7% | ||
| Q3 24 | 23.5% | -15.6% | ||
| Q2 24 | 27.6% | 26.5% |
每股收益（稀释后）HOODRUN
| Q1 26 | $0.38 | — | ||
| Q4 25 | $0.65 | $0.38 | ||
| Q3 25 | $0.61 | $0.06 | ||
| Q2 25 | $0.42 | $1.07 | ||
| Q1 25 | $0.37 | $0.20 | ||
| Q4 24 | $1.00 | $-12.59 | ||
| Q3 24 | $0.17 | $-0.37 | ||
| Q2 24 | $0.21 | $0.55 |
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 | $5.0B | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $9.7B | $3.1B |
| 总资产 | $45.5B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资HOODRUN
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.5B | — |
总债务HOODRUN
| Q1 26 | — | — | ||
| Q4 25 | — | $14.7B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | — | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $12.5B | ||
| Q2 24 | — | $12.0B |
股东权益HOODRUN
| Q1 26 | $9.7B | — | ||
| Q4 25 | $9.2B | $3.1B | ||
| Q3 25 | $8.6B | $3.0B | ||
| Q2 25 | $8.1B | $2.9B | ||
| Q1 25 | $8.0B | $2.6B | ||
| Q4 24 | $8.0B | $2.6B | ||
| Q3 24 | $7.2B | $5.3B | ||
| Q2 24 | $7.1B | $5.4B |
总资产HOODRUN
| Q1 26 | $45.5B | — | ||
| Q4 25 | $38.1B | $22.6B | ||
| Q3 25 | $41.5B | $22.2B | ||
| Q2 25 | $35.3B | $21.2B | ||
| Q1 25 | $27.5B | $20.4B | ||
| Q4 24 | $26.2B | $19.9B | ||
| Q3 24 | $43.2B | $22.1B | ||
| Q2 24 | $41.3B | $21.4B |
负债/权益比HOODRUN
| Q1 26 | — | — | ||
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | — | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× |
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 | $2.0B | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 5.89× | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HOODRUN
| Q1 26 | $2.0B | — | ||
| Q4 25 | $-937.0M | $96.9M | ||
| Q3 25 | $-1.6B | $-121.5M | ||
| Q2 25 | $3.5B | $-292.7M | ||
| Q1 25 | $642.0M | $-104.2M | ||
| Q4 24 | $-1.4B | $-258.4M | ||
| Q3 24 | $1.8B | $-156.2M | ||
| Q2 24 | $54.0M | $-208.5M |
自由现金流HOODRUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-156.4M | ||
| Q2 24 | — | — |
自由现金流率HOODRUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -29.1% | ||
| Q2 24 | — | — |
资本支出强度HOODRUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — |
现金转化率HOODRUN
| Q1 26 | 5.89× | — | ||
| Q4 25 | -1.55× | 0.94× | ||
| Q3 25 | -2.83× | -7.33× | ||
| Q2 25 | 9.09× | -1.05× | ||
| Q1 25 | 1.91× | -2.08× | ||
| Q4 24 | -1.53× | — | ||
| Q3 24 | 12.08× | — | ||
| Q2 24 | 0.29× | -1.50× |
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
| Net interest | $359.0M | 34% |
| Options | $260.0M | 24% |
| Other transaction | $147.0M | 14% |
| Cryptocurrencies | $134.0M | 13% |
| Other revenues | $85.0M | 8% |
| Equities | $82.0M | 8% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
