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罗技（LOGI）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是ROKU, INC的1.0倍（$1.4B vs $1.4B），罗技净利率更高（17.7% vs 5.8%，领先11.9%），ROKU, INC同比增速更快（16.1% vs 6.1%），罗技自由现金流更多（$465.6M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 18.5%）
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
LOGI vs ROKU — 直观对比
营收规模更大
LOGI
是对方的1.0倍
$1.4B
营收增速更快
ROKU
高出10.1%
6.1%
净利率更高
LOGI
高出11.9%
5.8%
自由现金流更多
LOGI
多$359.1M
$106.6M
两年增速更快
ROKU
近两年复合增速
18.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $251.0M | $80.5M |
| 毛利率 | 43.2% | 43.5% |
| 营业利润率 | 20.1% | 4.7% |
| 净利率 | 17.7% | 5.8% |
| 营收同比 | 6.1% | 16.1% |
| 净利润同比 | 25.4% | 326.4% |
| 每股收益（稀释后） | $1.69 | $0.55 |
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LOGIROKU
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $968.2M | ||
| Q1 24 | $1.0B | $881.5M |
净利润LOGIROKU
| Q4 25 | $251.0M | $80.5M | ||
| Q3 25 | $170.7M | $24.8M | ||
| Q2 25 | $146.0M | $10.5M | ||
| Q1 25 | $144.1M | $-27.4M | ||
| Q4 24 | $200.1M | $-35.5M | ||
| Q3 24 | $145.5M | $-9.0M | ||
| Q2 24 | $141.8M | $-34.0M | ||
| Q1 24 | $167.6M | $-50.9M |
毛利率LOGIROKU
| Q4 25 | 43.2% | 43.5% | ||
| Q3 25 | 43.4% | 43.4% | ||
| Q2 25 | 41.7% | 44.8% | ||
| Q1 25 | 43.1% | 43.6% | ||
| Q4 24 | 42.9% | 42.7% | ||
| Q3 24 | 43.6% | 45.2% | ||
| Q2 24 | 42.8% | 43.9% | ||
| Q1 24 | 43.2% | 44.1% |
营业利润率LOGIROKU
| Q4 25 | 20.1% | 4.7% | ||
| Q3 25 | 16.1% | 0.8% | ||
| Q2 25 | 14.1% | -2.1% | ||
| Q1 25 | 10.5% | -5.7% | ||
| Q4 24 | 17.5% | -3.3% | ||
| Q3 24 | 14.4% | -3.4% | ||
| Q2 24 | 14.1% | -7.4% | ||
| Q1 24 | 12.9% | -8.2% |
净利率LOGIROKU
| Q4 25 | 17.7% | 5.8% | ||
| Q3 25 | 14.4% | 2.0% | ||
| Q2 25 | 12.7% | 0.9% | ||
| Q1 25 | 14.3% | -2.7% | ||
| Q4 24 | 14.9% | -3.0% | ||
| Q3 24 | 13.0% | -0.9% | ||
| Q2 24 | 13.0% | -3.5% | ||
| Q1 24 | 16.6% | -5.8% |
每股收益（稀释后）LOGIROKU
| Q4 25 | $1.69 | $0.55 | ||
| Q3 25 | $1.15 | $0.16 | ||
| Q2 25 | $0.98 | $0.07 | ||
| Q1 25 | $0.94 | $-0.19 | ||
| Q4 24 | $1.32 | $-0.24 | ||
| Q3 24 | $0.95 | $-0.06 | ||
| Q2 24 | $0.92 | $-0.24 | ||
| Q1 24 | $1.07 | $-0.35 |
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 | $1.8B | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.3B | $2.7B |
| 总资产 | $4.1B | $4.4B |
| 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LOGIROKU
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.5B | $2.3B | ||
| Q1 25 | $1.5B | $2.3B | ||
| Q4 24 | $1.5B | $2.2B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.5B | $2.1B | ||
| Q1 24 | $1.5B | $2.1B |
股东权益LOGIROKU
| Q4 25 | $2.3B | $2.7B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $2.2B | $2.6B | ||
| Q1 25 | $2.1B | $2.5B | ||
| Q4 24 | $2.1B | $2.5B | ||
| Q3 24 | $2.1B | $2.5B | ||
| Q2 24 | $2.2B | $2.4B | ||
| Q1 24 | $2.2B | $2.4B |
总资产LOGIROKU
| Q4 25 | $4.1B | $4.4B | ||
| Q3 25 | $3.7B | $4.4B | ||
| Q2 25 | $3.7B | $4.3B | ||
| Q1 25 | $3.5B | $4.2B | ||
| Q4 24 | $3.7B | $4.3B | ||
| Q3 24 | $3.6B | $4.3B | ||
| Q2 24 | $3.7B | $4.1B | ||
| Q1 24 | $3.6B | $4.2B |
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 | $480.5M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $465.6M | $106.6M |
| 自由现金流率自由现金流/营收 | 32.8% | 7.6% |
| 资本支出强度资本支出/营收 | 1.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.91× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $903.6M | $478.4M |
8季度趋势，按日历期对齐
经营现金流LOGIROKU
| Q4 25 | $480.5M | $107.7M | ||
| Q3 25 | $228.8M | $127.6M | ||
| Q2 25 | $125.0M | $109.7M | ||
| Q1 25 | $129.7M | $138.7M | ||
| Q4 24 | $370.9M | $79.3M | ||
| Q3 24 | $166.0M | $68.7M | ||
| Q2 24 | $176.0M | $23.4M | ||
| Q1 24 | $239.1M | $46.7M |
自由现金流LOGIROKU
| Q4 25 | $465.6M | $106.6M | ||
| Q3 25 | $212.3M | $126.5M | ||
| Q2 25 | $108.8M | $108.6M | ||
| Q1 25 | $116.9M | $136.8M | ||
| Q4 24 | $356.6M | $76.8M | ||
| Q3 24 | $151.5M | $67.6M | ||
| Q2 24 | $161.4M | $22.5M | ||
| Q1 24 | $228.8M | $46.0M |
自由现金流率LOGIROKU
| Q4 25 | 32.8% | 7.6% | ||
| Q3 25 | 17.9% | 10.4% | ||
| Q2 25 | 9.5% | 9.8% | ||
| Q1 25 | 11.6% | 13.4% | ||
| Q4 24 | 26.6% | 6.4% | ||
| Q3 24 | 13.6% | 6.4% | ||
| Q2 24 | 14.8% | 2.3% | ||
| Q1 24 | 22.6% | 5.2% |
资本支出强度LOGIROKU
| Q4 25 | 1.0% | 0.1% | ||
| Q3 25 | 1.4% | 0.1% | ||
| Q2 25 | 1.4% | 0.1% | ||
| Q1 25 | 1.3% | 0.2% | ||
| Q4 24 | 1.1% | 0.2% | ||
| Q3 24 | 1.3% | 0.1% | ||
| Q2 24 | 1.3% | 0.1% | ||
| Q1 24 | 1.0% | 0.1% |
现金转化率LOGIROKU
| Q4 25 | 1.91× | 1.34× | ||
| Q3 25 | 1.34× | 5.14× | ||
| Q2 25 | 0.86× | 10.45× | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.43× | — |
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
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
