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Stride, Inc.（LRN）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
Stride, Inc.的季度营收约是BOSTON BEER CO INC的1.4倍（$629.9M vs $461.6M），Stride, Inc.同比增速更快（2.7% vs -4.1%），过去两年Stride, Inc.的营收复合增速更高（6.9% vs -10.7%）
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
LRN vs SAM — 直观对比
营收规模更大
LRN
是对方的1.4倍
$461.6M
营收增速更快
LRN
高出6.8%
-4.1%
两年增速更快
LRN
近两年复合增速
-10.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $629.9M | $461.6M |
| 净利润 | $88.5M | — |
| 毛利率 | — | 46.4% |
| 营业利润率 | 20.5% | 12.4% |
| 净利率 | 14.1% | — |
| 营收同比 | 2.7% | -4.1% |
| 净利润同比 | 8.5% | — |
| 每股收益（稀释后） | $1.93 | $2.16 |
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LRNSAM
| Q3 26 | $629.9M | — | ||
| Q1 26 | — | $461.6M | ||
| Q4 25 | $631.3M | $385.7M | ||
| Q3 25 | $620.9M | $537.5M | ||
| Q2 25 | $653.6M | $587.9M | ||
| Q1 25 | $613.4M | $453.9M | ||
| Q4 24 | $587.2M | $402.3M | ||
| Q3 24 | $551.1M | $605.5M |
净利润LRNSAM
| Q3 26 | $88.5M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $99.5M | $-22.5M | ||
| Q3 25 | $68.8M | $46.2M | ||
| Q2 25 | $51.3M | $60.4M | ||
| Q1 25 | $99.3M | $24.4M | ||
| Q4 24 | $96.4M | $-38.8M | ||
| Q3 24 | $40.9M | $33.5M |
毛利率LRNSAM
| Q3 26 | — | — | ||
| Q1 26 | — | 46.4% | ||
| Q4 25 | 41.1% | 43.5% | ||
| Q3 25 | 39.0% | 50.8% | ||
| Q2 25 | 36.6% | 49.8% | ||
| Q1 25 | 40.6% | 48.3% | ||
| Q4 24 | 40.8% | 39.9% | ||
| Q3 24 | 39.2% | 46.3% |
营业利润率LRNSAM
| Q3 26 | 20.5% | — | ||
| Q1 26 | — | 12.4% | ||
| Q4 25 | 23.3% | -8.6% | ||
| Q3 25 | 11.1% | 11.5% | ||
| Q2 25 | 8.7% | 14.0% | ||
| Q1 25 | 21.3% | 7.4% | ||
| Q4 24 | 21.3% | -13.9% | ||
| Q3 24 | 8.6% | 7.6% |
净利率LRNSAM
| Q3 26 | 14.1% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | -5.8% | ||
| Q3 25 | 11.1% | 8.6% | ||
| Q2 25 | 7.9% | 10.3% | ||
| Q1 25 | 16.2% | 5.4% | ||
| Q4 24 | 16.4% | -9.6% | ||
| Q3 24 | 7.4% | 5.5% |
每股收益（稀释后）LRNSAM
| Q3 26 | $1.93 | — | ||
| Q1 26 | — | $2.16 | ||
| Q4 25 | $2.12 | $-1.97 | ||
| Q3 25 | $1.40 | $4.25 | ||
| Q2 25 | $0.96 | $5.45 | ||
| Q1 25 | $2.02 | $2.16 | ||
| Q4 24 | $2.03 | $-3.23 | ||
| Q3 24 | $0.94 | $2.86 |
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 | $614.0M | $164.1M |
| 总债务越低越好 | $417.6M | — |
| 股东权益账面价值 | $1.6B | $682.6M |
| 总资产 | $2.4B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资LRNSAM
| Q3 26 | $614.0M | — | ||
| Q1 26 | — | $164.1M | ||
| Q4 25 | $625.7M | $223.4M | ||
| Q3 25 | $715.1M | $250.5M | ||
| Q2 25 | $985.3M | $212.4M | ||
| Q1 25 | $723.7M | $152.5M | ||
| Q4 24 | $717.5M | $211.8M | ||
| Q3 24 | $522.2M | $255.6M |
总债务LRNSAM
| Q3 26 | $417.6M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $417.2M | — | ||
| Q3 25 | $416.8M | — | ||
| Q2 25 | $416.3M | — | ||
| Q1 25 | $415.9M | — | ||
| Q4 24 | $415.5M | — | ||
| Q3 24 | $415.1M | — |
股东权益LRNSAM
| Q3 26 | $1.6B | — | ||
| Q1 26 | — | $682.6M | ||
| Q4 25 | $1.5B | $846.3M | ||
| Q3 25 | $1.5B | $911.0M | ||
| Q2 25 | $1.5B | $912.3M | ||
| Q1 25 | $1.4B | $897.0M | ||
| Q4 24 | $1.3B | $916.2M | ||
| Q3 24 | $1.2B | $1.0B |
总资产LRNSAM
| Q3 26 | $2.4B | — | ||
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.3B | $1.2B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.3B | $1.3B | ||
| Q1 25 | $2.2B | $1.2B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.0B | $1.4B |
负债/权益比LRNSAM
| Q3 26 | 0.25× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.27× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.28× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.34× | — |
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 | $117.0M | — |
| 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 | 1.32× | — |
| 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LRNSAM
| Q3 26 | $117.0M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $91.8M | $39.9M | ||
| Q3 25 | $-195.8M | $101.8M | ||
| Q2 25 | $298.3M | $126.5M | ||
| Q1 25 | $53.1M | $1.9M | ||
| Q4 24 | $223.4M | $41.9M | ||
| Q3 24 | $-142.0M | $115.9M |
自由现金流LRNSAM
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $91.6M | $22.1M | ||
| Q3 25 | $-196.1M | $89.2M | ||
| Q2 25 | $297.9M | $112.2M | ||
| Q1 25 | $52.9M | $-8.0M | ||
| Q4 24 | $222.9M | $18.4M | ||
| Q3 24 | $-142.7M | $99.2M |
自由现金流率LRNSAM
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | 5.7% | ||
| Q3 25 | -31.6% | 16.6% | ||
| Q2 25 | 45.6% | 19.1% | ||
| Q1 25 | 8.6% | -1.8% | ||
| Q4 24 | 38.0% | 4.6% | ||
| Q3 24 | -25.9% | 16.4% |
资本支出强度LRNSAM
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 4.6% | ||
| Q3 25 | 0.0% | 2.3% | ||
| Q2 25 | 0.1% | 2.4% | ||
| Q1 25 | 0.0% | 2.2% | ||
| Q4 24 | 0.1% | 5.8% | ||
| Q3 24 | 0.1% | 2.8% |
现金转化率LRNSAM
| Q3 26 | 1.32× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.92× | — | ||
| Q3 25 | -2.85× | 2.21× | ||
| Q2 25 | 5.81× | 2.09× | ||
| Q1 25 | 0.53× | 0.08× | ||
| Q4 24 | 2.32× | — | ||
| Q3 24 | -3.47× | 3.46× |
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
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
SAM
暂无分部数据
