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Lovesac Co（LOVE）与Ultragenyx Pharmaceutical Inc.（RARE）财务数据对比。点击上方公司名可切换其他公司
Ultragenyx Pharmaceutical Inc.的季度营收约是Lovesac Co的1.4倍（$207.3M vs $150.2M），Lovesac Co净利率更高（-7.0% vs -62.0%，领先55.0%），Ultragenyx Pharmaceutical Inc.同比增速更快（25.9% vs 0.2%），Lovesac Co自由现金流更多（$-10.2M vs $-100.8M），过去两年Ultragenyx Pharmaceutical Inc.的营收复合增速更高（38.0% vs -22.6%）
Lovesac是美国的家具零售商，主打拥有专利的Sactionals模块化沙发系统，该系统由可自由组合的座部、侧部模块，以及定制沙发套和相关配件组成。除模块化沙发外，品牌还销售采用独家发泡混合材料填充的袋式懒人座椅。
Ultragenyx Pharmaceutical Inc.是一家总部位于美国的生物制药企业，专注于研发罕见病和超罕见遗传病的创新治疗方案，这类疾病目前大多无获批疗法，存在大量未被满足的临床需求。公司覆盖生物制剂、小分子药物、基因疗法、反义寡核苷酸及mRNA等多种药物技术平台，研发管线涵盖骨骼、内分泌、代谢、肌肉及中枢神经系统疾病领域。
LOVE vs RARE — 直观对比
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $150.2M | $207.3M |
| 净利润 | $-10.6M | $-128.6M |
| 毛利率 | 56.1% | — |
| 营业利润率 | -10.5% | -54.7% |
| 净利率 | -7.0% | -62.0% |
| 营收同比 | 0.2% | 25.9% |
| 净利润同比 | -114.0% | 3.5% |
| 每股收益（稀释后） | $-0.72 | $-1.28 |
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
| Q4 25 | $150.2M | $207.3M | ||
| Q3 25 | $160.5M | $159.9M | ||
| Q2 25 | $138.4M | $166.5M | ||
| Q1 25 | $241.5M | $139.3M | ||
| Q4 24 | $149.9M | $164.6M | ||
| Q3 24 | $156.6M | $139.5M | ||
| Q2 24 | $132.6M | $147.0M | ||
| Q1 24 | $250.5M | $108.8M |
| Q4 25 | $-10.6M | $-128.6M | ||
| Q3 25 | $-6.7M | $-180.4M | ||
| Q2 25 | $-10.8M | $-115.0M | ||
| Q1 25 | $35.3M | $-151.1M | ||
| Q4 24 | $-4.9M | $-133.2M | ||
| Q3 24 | $-5.9M | $-133.5M | ||
| Q2 24 | $-13.0M | $-131.6M | ||
| Q1 24 | $31.0M | $-170.7M |
| Q4 25 | 56.1% | — | ||
| Q3 25 | 56.4% | — | ||
| Q2 25 | 53.7% | — | ||
| Q1 25 | 60.4% | — | ||
| Q4 24 | 58.5% | — | ||
| Q3 24 | 59.0% | — | ||
| Q2 24 | 54.3% | — | ||
| Q1 24 | 59.7% | — |
| Q4 25 | -10.5% | -54.7% | ||
| Q3 25 | -5.5% | -106.9% | ||
| Q2 25 | -10.8% | -64.8% | ||
| Q1 25 | 19.7% | -102.6% | ||
| Q4 24 | -5.2% | -74.3% | ||
| Q3 24 | -5.3% | -94.6% | ||
| Q2 24 | -13.5% | -79.1% | ||
| Q1 24 | 16.1% | -151.9% |
| Q4 25 | -7.0% | -62.0% | ||
| Q3 25 | -4.1% | -112.8% | ||
| Q2 25 | -7.8% | -69.0% | ||
| Q1 25 | 14.6% | -108.5% | ||
| Q4 24 | -3.3% | -80.9% | ||
| Q3 24 | -3.7% | -95.7% | ||
| Q2 24 | -9.8% | -89.5% | ||
| Q1 24 | 12.4% | -156.8% |
| Q4 25 | $-0.72 | $-1.28 | ||
| Q3 25 | $-0.45 | $-1.81 | ||
| Q2 25 | $-0.73 | $-1.17 | ||
| Q1 25 | $2.22 | $-1.57 | ||
| Q4 24 | $-0.32 | $-1.34 | ||
| Q3 24 | $-0.38 | $-1.40 | ||
| Q2 24 | $-0.83 | $-1.52 | ||
| Q1 24 | $1.91 | $-2.03 |
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 | $23.7M | $421.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $189.3M | $-80.0M |
| 总资产 | $495.5M | $1.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $23.7M | $421.0M | ||
| Q3 25 | $34.2M | $202.5M | ||
| Q2 25 | $26.9M | $176.3M | ||
| Q1 25 | $83.7M | $127.1M | ||
| Q4 24 | $61.7M | $174.0M | ||
| Q3 24 | $72.1M | $150.6M | ||
| Q2 24 | $72.4M | $480.7M | ||
| Q1 24 | $87.0M | $112.3M |
| Q4 25 | $189.3M | $-80.0M | ||
| Q3 25 | $197.5M | $9.2M | ||
| Q2 25 | $201.2M | $151.3M | ||
| Q1 25 | $216.4M | $144.2M | ||
| Q4 24 | $196.5M | $255.0M | ||
| Q3 24 | $202.1M | $346.8M | ||
| Q2 24 | $205.3M | $432.4M | ||
| Q1 24 | $217.5M | $140.3M |
| Q4 25 | $495.5M | $1.5B | ||
| Q3 25 | $493.7M | $1.2B | ||
| Q2 25 | $483.7M | $1.3B | ||
| Q1 25 | $532.3M | $1.3B | ||
| Q4 24 | $499.7M | $1.5B | ||
| Q3 24 | $481.1M | $1.5B | ||
| Q2 24 | $477.2M | $1.6B | ||
| Q1 24 | $482.2M | $1.3B |
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 | $-4.9M | $-99.8M |
| 自由现金流经营现金流 - 资本支出 | $-10.2M | $-100.8M |
| 自由现金流率自由现金流/营收 | -6.8% | -48.6% |
| 资本支出强度资本支出/营收 | 3.5% | 0.5% |
| 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 | $-13.6M | $-472.0M |
8季度趋势，按日历期对齐
| Q4 25 | $-4.9M | $-99.8M | ||
| Q3 25 | $12.2M | $-91.4M | ||
| Q2 25 | $-41.4M | $-108.3M | ||
| Q1 25 | $44.0M | $-166.5M | ||
| Q4 24 | $-4.2M | $-79.3M | ||
| Q3 24 | $6.2M | $-67.0M | ||
| Q2 24 | $-7.0M | $-77.0M | ||
| Q1 24 | $56.3M | $-190.7M |
| Q4 25 | $-10.2M | $-100.8M | ||
| Q3 25 | $7.8M | $-92.7M | ||
| Q2 25 | $-50.0M | $-110.7M | ||
| Q1 25 | $38.7M | $-167.8M | ||
| Q4 24 | $-6.6M | $-79.5M | ||
| Q3 24 | $119.0K | $-68.6M | ||
| Q2 24 | $-14.3M | $-79.0M | ||
| Q1 24 | $49.5M | $-193.9M |
| Q4 25 | -6.8% | -48.6% | ||
| Q3 25 | 4.9% | -58.0% | ||
| Q2 25 | -36.1% | -66.5% | ||
| Q1 25 | 16.0% | -120.5% | ||
| Q4 24 | -4.4% | -48.3% | ||
| Q3 24 | 0.1% | -49.2% | ||
| Q2 24 | -10.8% | -53.7% | ||
| Q1 24 | 19.8% | -178.2% |
| Q4 25 | 3.5% | 0.5% | ||
| Q3 25 | 2.7% | 0.8% | ||
| Q2 25 | 6.2% | 1.5% | ||
| Q1 25 | 2.2% | 1.0% | ||
| Q4 24 | 1.6% | 0.1% | ||
| Q3 24 | 3.9% | 1.2% | ||
| Q2 24 | 5.5% | 1.4% | ||
| Q1 24 | 2.7% | 3.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.82× | — |
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
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
RARE
| Royalty | $105.6M | 51% |
| Products | $101.7M | 49% |
