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蓝威斯顿（LW）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
蓝威斯顿的季度营收约是ROKU, INC的1.3倍（$1.6B vs $1.2B），蓝威斯顿净利率更高（3.5% vs -2.2%，领先5.6%），蓝威斯顿同比增速更快（2.9% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $-36.3M），过去两年ROKU, INC的营收复合增速更高（13.6% vs -1.5%）
蓝威斯顿控股是美国食品加工企业，为全球规模最大的冷冻薯条、华夫薯条及其他冷冻马铃薯制品的生产商与加工商之一，总部坐落于爱达荷州博伊西市郊的伊格尔市。
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。
LW vs ROKU — 直观对比
营收规模更大
LW
是对方的1.3倍
$1.2B
营收增速更快
LW
高出21.2%
-18.3%
净利率更高
LW
高出5.6%
-2.2%
自由现金流更多
ROKU
多$334.7M
$-36.3M
两年增速更快
ROKU
近两年复合增速
-1.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.2B |
| 净利润 | $54.0M | $-27.4M |
| 毛利率 | 21.2% | 35.6% |
| 营业利润率 | 8.1% | 59.7% |
| 净利率 | 3.5% | -2.2% |
| 营收同比 | 2.9% | -18.3% |
| 净利润同比 | -63.0% | -361.0% |
| 每股收益（稀释后） | $0.39 | $0.57 |
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LWROKU
| Q1 26 | $1.6B | $1.2B | ||
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $1.6B | $968.2M |
净利润LWROKU
| Q1 26 | $54.0M | $-27.4M | ||
| Q4 25 | $62.1M | $80.5M | ||
| Q3 25 | $64.3M | $24.8M | ||
| Q2 25 | $119.9M | $10.5M | ||
| Q1 25 | $146.0M | $-27.4M | ||
| Q4 24 | $-36.1M | $-35.5M | ||
| Q3 24 | $127.4M | $-9.0M | ||
| Q2 24 | $129.6M | $-34.0M |
毛利率LWROKU
| Q1 26 | 21.2% | 35.6% | ||
| Q4 25 | 20.0% | 43.5% | ||
| Q3 25 | 20.6% | 43.4% | ||
| Q2 25 | 20.4% | 44.8% | ||
| Q1 25 | 27.8% | 43.6% | ||
| Q4 24 | 17.4% | 42.7% | ||
| Q3 24 | 21.5% | 45.2% | ||
| Q2 24 | 24.1% | 43.9% |
营业利润率LWROKU
| Q1 26 | 8.1% | 59.7% | ||
| Q4 25 | 8.6% | 4.7% | ||
| Q3 25 | 9.4% | 0.8% | ||
| Q2 25 | 11.1% | -2.1% | ||
| Q1 25 | 16.4% | -5.7% | ||
| Q4 24 | 1.2% | -3.3% | ||
| Q3 24 | 12.8% | -3.4% | ||
| Q2 24 | 13.2% | -7.4% |
净利率LWROKU
| Q1 26 | 3.5% | -2.2% | ||
| Q4 25 | 3.8% | 5.8% | ||
| Q3 25 | 3.9% | 2.0% | ||
| Q2 25 | 7.2% | 0.9% | ||
| Q1 25 | 9.6% | -2.7% | ||
| Q4 24 | -2.3% | -3.0% | ||
| Q3 24 | 7.7% | -0.9% | ||
| Q2 24 | 8.0% | -3.5% |
每股收益（稀释后）LWROKU
| Q1 26 | $0.39 | $0.57 | ||
| Q4 25 | $0.44 | $0.55 | ||
| Q3 25 | $0.46 | $0.16 | ||
| Q2 25 | $0.84 | $0.07 | ||
| Q1 25 | $1.03 | $-0.19 | ||
| Q4 24 | $-0.25 | $-0.24 | ||
| Q3 24 | $0.88 | $-0.06 | ||
| Q2 24 | $0.89 | $-0.24 |
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 | $57.5M | $2.4B |
| 总债务越低越好 | $3.6B | — |
| 股东权益账面价值 | $1.8B | $2.7B |
| 总资产 | $7.4B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.99× | — |
8季度趋势，按日历期对齐
现金及短期投资LWROKU
| Q1 26 | $57.5M | $2.4B | ||
| Q4 25 | $82.7M | $2.3B | ||
| Q3 25 | $98.6M | $2.3B | ||
| Q2 25 | $70.7M | $2.3B | ||
| Q1 25 | $67.5M | $2.3B | ||
| Q4 24 | $79.0M | $2.2B | ||
| Q3 24 | $120.8M | $2.1B | ||
| Q2 24 | $71.4M | $2.1B |
总债务LWROKU
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.4B | — |
股东权益LWROKU
| Q1 26 | $1.8B | $2.7B | ||
| Q4 25 | $1.8B | $2.7B | ||
| Q3 25 | $1.8B | $2.6B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.6B | $2.5B | ||
| Q4 24 | $1.6B | $2.5B | ||
| Q3 24 | $1.8B | $2.5B | ||
| Q2 24 | $1.8B | $2.4B |
总资产LWROKU
| Q1 26 | $7.4B | $4.4B | ||
| Q4 25 | $7.3B | $4.4B | ||
| Q3 25 | $7.2B | $4.4B | ||
| Q2 25 | $7.4B | $4.3B | ||
| Q1 25 | $7.4B | $4.2B | ||
| Q4 24 | $7.5B | $4.3B | ||
| Q3 24 | $7.5B | $4.3B | ||
| Q2 24 | $7.4B | $4.1B |
负债/权益比LWROKU
| Q1 26 | 1.99× | — | ||
| Q4 25 | 2.08× | — | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 2.12× | — | ||
| Q1 25 | 2.25× | — | ||
| Q4 24 | 2.26× | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.92× | — |
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 | $65.2M | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $-36.3M | $298.4M |
| 自由现金流率自由现金流/营收 | -2.3% | 23.9% |
| 资本支出强度资本支出/营收 | 6.5% | — |
| 现金转化率经营现金流/净利润 | 1.21× | — |
| 过去12个月自由现金流最近4个季度 | $569.2M | $640.0M |
8季度趋势，按日历期对齐
经营现金流LWROKU
| Q1 26 | $65.2M | $199.1M | ||
| Q4 25 | $178.4M | $107.7M | ||
| Q3 25 | $352.0M | $127.6M | ||
| Q2 25 | $868.3M | $109.7M | ||
| Q1 25 | $56.0M | $138.7M | ||
| Q4 24 | $99.1M | $79.3M | ||
| Q3 24 | $330.2M | $68.7M | ||
| Q2 24 | $798.2M | $23.4M |
自由现金流LWROKU
| Q1 26 | $-36.3M | $298.4M | ||
| Q4 25 | $101.0M | $106.6M | ||
| Q3 25 | $274.4M | $126.5M | ||
| Q2 25 | $230.1M | $108.6M | ||
| Q1 25 | $-19.8M | $136.8M | ||
| Q4 24 | $-49.6M | $76.8M | ||
| Q3 24 | $4.3M | $67.6M | ||
| Q2 24 | $-131.3M | $22.5M |
自由现金流率LWROKU
| Q1 26 | -2.3% | 23.9% | ||
| Q4 25 | 6.2% | 7.6% | ||
| Q3 25 | 16.5% | 10.4% | ||
| Q2 25 | 13.7% | 9.8% | ||
| Q1 25 | -1.3% | 13.4% | ||
| Q4 24 | -3.1% | 6.4% | ||
| Q3 24 | 0.3% | 6.4% | ||
| Q2 24 | -8.1% | 2.3% |
资本支出强度LWROKU
| Q1 26 | 6.5% | — | ||
| Q4 25 | 4.8% | 0.1% | ||
| Q3 25 | 4.7% | 0.1% | ||
| Q2 25 | 38.1% | 0.1% | ||
| Q1 25 | 5.0% | 0.2% | ||
| Q4 24 | 9.3% | 0.2% | ||
| Q3 24 | 19.7% | 0.1% | ||
| Q2 24 | 57.7% | 0.1% |
现金转化率LWROKU
| Q1 26 | 1.21× | — | ||
| Q4 25 | 2.87× | 1.34× | ||
| Q3 25 | 5.47× | 5.14× | ||
| Q2 25 | 7.24× | 10.45× | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.59× | — | ||
| Q2 24 | 6.16× | — |
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
LW
| Segments North America | $1.0B | 66% |
| Segments International | $529.8M | 34% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
