vs
美泰（MAT）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是Reddit, Inc.的1.3倍（$862.2M vs $663.0M），Reddit, Inc.净利率更高（30.8% vs 7.1%，领先23.7%），Reddit, Inc.同比增速更快（69.0% vs 4.3%），Reddit, Inc.自由现金流更多（$311.0M vs $-88.1M），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs -10.6%）
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
MAT vs RDDT — 直观对比
营收规模更大
MAT
是对方的1.3倍
$663.0M
营收增速更快
RDDT
高出64.7%
4.3%
净利率更高
RDDT
高出23.7%
7.1%
自由现金流更多
RDDT
多$399.1M
$-88.1M
两年增速更快
RDDT
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $663.0M |
| 净利润 | $61.0M | $204.0M |
| 毛利率 | 44.9% | 100.0% |
| 营业利润率 | — | 0.0% |
| 净利率 | 7.1% | 30.8% |
| 营收同比 | 4.3% | 69.0% |
| 净利润同比 | 251.4% | 680.0% |
| 每股收益（稀释后） | $0.20 | $1.01 |
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MATRDDT
| Q1 26 | $862.2M | $663.0M | ||
| Q4 25 | $1.8B | $725.6M | ||
| Q3 25 | $1.7B | $584.9M | ||
| Q2 25 | $1.0B | $499.6M | ||
| Q1 25 | $826.6M | $392.4M | ||
| Q4 24 | $1.6B | $427.7M | ||
| Q3 24 | $1.8B | $348.4M | ||
| Q2 24 | $1.1B | $281.2M |
净利润MATRDDT
| Q1 26 | $61.0M | $204.0M | ||
| Q4 25 | $106.2M | $251.6M | ||
| Q3 25 | $278.4M | $162.7M | ||
| Q2 25 | $53.4M | $89.3M | ||
| Q1 25 | $-40.3M | $26.2M | ||
| Q4 24 | $140.9M | $71.0M | ||
| Q3 24 | $372.4M | $29.9M | ||
| Q2 24 | $56.9M | $-10.1M |
毛利率MATRDDT
| Q1 26 | 44.9% | 100.0% | ||
| Q4 25 | 45.9% | 91.9% | ||
| Q3 25 | 50.0% | 91.0% | ||
| Q2 25 | 50.9% | 90.8% | ||
| Q1 25 | 49.4% | 90.5% | ||
| Q4 24 | 50.7% | 92.6% | ||
| Q3 24 | 53.1% | 90.1% | ||
| Q2 24 | 49.2% | 89.5% |
营业利润率MATRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | 8.0% | 31.9% | ||
| Q3 25 | 21.9% | 23.7% | ||
| Q2 25 | 7.7% | 13.6% | ||
| Q1 25 | -6.4% | 1.0% | ||
| Q4 24 | 9.6% | 12.4% | ||
| Q3 24 | 26.5% | 2.0% | ||
| Q2 24 | 7.7% | -11.0% |
净利率MATRDDT
| Q1 26 | 7.1% | 30.8% | ||
| Q4 25 | 6.0% | 34.7% | ||
| Q3 25 | 16.0% | 27.8% | ||
| Q2 25 | 5.2% | 17.9% | ||
| Q1 25 | -4.9% | 6.7% | ||
| Q4 24 | 8.6% | 16.6% | ||
| Q3 24 | 20.2% | 8.6% | ||
| Q2 24 | 5.3% | -3.6% |
每股收益（稀释后）MATRDDT
| Q1 26 | $0.20 | $1.01 | ||
| Q4 25 | $0.32 | $1.24 | ||
| Q3 25 | $0.88 | $0.80 | ||
| Q2 25 | $0.16 | $0.45 | ||
| Q1 25 | $-0.12 | $0.13 | ||
| Q4 24 | $0.40 | $4.76 | ||
| Q3 24 | $1.09 | $0.16 | ||
| Q2 24 | $0.17 | $-0.06 |
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 | $866.0M | $1.4B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $3.2B |
| 总资产 | $6.3B | $3.5B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资MATRDDT
| Q1 26 | $866.0M | $1.4B | ||
| Q4 25 | $1.2B | $953.6M | ||
| Q3 25 | $691.9M | $911.7M | ||
| Q2 25 | $870.5M | $734.1M | ||
| Q1 25 | $1.2B | $635.7M | ||
| Q4 24 | $1.4B | $562.1M | ||
| Q3 24 | $723.5M | $515.9M | ||
| Q2 24 | $722.4M | $468.0M |
总债务MATRDDT
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATRDDT
| Q1 26 | $2.1B | $3.2B | ||
| Q4 25 | $2.2B | $2.9B | ||
| Q3 25 | $2.3B | $2.6B | ||
| Q2 25 | $2.2B | $2.4B | ||
| Q1 25 | $2.1B | $2.2B | ||
| Q4 24 | $2.3B | $2.1B | ||
| Q3 24 | $2.3B | $2.0B | ||
| Q2 24 | $2.0B | $1.9B |
总资产MATRDDT
| Q1 26 | $6.3B | $3.5B | ||
| Q4 25 | $6.6B | $3.2B | ||
| Q3 25 | $6.6B | $2.9B | ||
| Q2 25 | $6.2B | $2.6B | ||
| Q1 25 | $6.2B | $2.4B | ||
| Q4 24 | $6.5B | $2.3B | ||
| Q3 24 | $6.5B | $2.2B | ||
| Q2 24 | $5.9B | $2.1B |
负债/权益比MATRDDT
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 1.18× | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $311.0M |
| 自由现金流率自由现金流/营收 | -10.2% | 46.9% |
| 资本支出强度资本支出/营收 | 7.6% | — |
| 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 | — | $868.6M |
8季度趋势，按日历期对齐
经营现金流MATRDDT
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $266.8M | ||
| Q3 25 | $72.0M | $185.2M | ||
| Q2 25 | $-300.1M | $111.3M | ||
| Q1 25 | $24.8M | $127.6M | ||
| Q4 24 | $862.1M | $90.0M | ||
| Q3 24 | $155.8M | $71.6M | ||
| Q2 24 | $-252.9M | $28.4M |
自由现金流MATRDDT
| Q1 26 | $-88.1M | $311.0M | ||
| Q4 25 | — | $263.6M | ||
| Q3 25 | — | $183.1M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $126.6M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | — | $70.3M | ||
| Q2 24 | — | $27.2M |
自由现金流率MATRDDT
| Q1 26 | -10.2% | 46.9% | ||
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 31.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | — | 9.7% |
资本支出强度MATRDDT
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% |
现金转化率MATRDDT
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 1.06× | ||
| Q3 25 | 0.26× | 1.14× | ||
| Q2 25 | -5.62× | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | 6.12× | 1.27× | ||
| Q3 24 | 0.42× | 2.40× | ||
| Q2 24 | -4.45× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
