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美泰（MAT）与Atlassian Corp（TEAM）财务数据对比。点击上方公司名可切换其他公司
Atlassian Corp的季度营收约是美泰的2.1倍（$1.8B vs $862.2M），美泰净利率更高（7.1% vs -5.5%，领先12.6%），Atlassian Corp同比增速更快（31.7% vs 4.3%），Atlassian Corp自由现金流更多（$561.3M vs $-88.1M），过去两年Atlassian Corp的营收复合增速更高（22.6% 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。
Dragoneer投资集团是总部位于美国加利福尼亚州旧金山的专业投资机构，专注于全球科技领域的投资布局，业务覆盖公开股票市场与私募股权市场，在全球科技投资赛道拥有丰富的运作经验和行业资源。
MAT vs TEAM — 直观对比
营收规模更大
TEAM
是对方的2.1倍
$862.2M
营收增速更快
TEAM
高出27.4%
4.3%
净利率更高
MAT
高出12.6%
-5.5%
自由现金流更多
TEAM
多$649.4M
$-88.1M
两年增速更快
TEAM
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $1.8B |
| 净利润 | $61.0M | $-98.4M |
| 毛利率 | 44.9% | 85.3% |
| 营业利润率 | — | 11.6% |
| 净利率 | 7.1% | -5.5% |
| 营收同比 | 4.3% | 31.7% |
| 净利润同比 | 251.4% | -39.0% |
| 每股收益（稀释后） | $0.20 | $-0.38 |
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MATTEAM
| Q1 26 | $862.2M | $1.8B | ||
| Q4 25 | $1.8B | $1.6B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $826.6M | $1.4B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.1B | — |
净利润MATTEAM
| Q1 26 | $61.0M | $-98.4M | ||
| Q4 25 | $106.2M | $-42.6M | ||
| Q3 25 | $278.4M | $-51.9M | ||
| Q2 25 | $53.4M | $-23.9M | ||
| Q1 25 | $-40.3M | $-70.8M | ||
| Q4 24 | $140.9M | $-38.2M | ||
| Q3 24 | $372.4M | $-123.8M | ||
| Q2 24 | $56.9M | — |
毛利率MATTEAM
| Q1 26 | 44.9% | 85.3% | ||
| Q4 25 | 45.9% | 85.0% | ||
| Q3 25 | 50.0% | 82.0% | ||
| Q2 25 | 50.9% | 83.1% | ||
| Q1 25 | 49.4% | 83.8% | ||
| Q4 24 | 50.7% | 82.7% | ||
| Q3 24 | 53.1% | 81.7% | ||
| Q2 24 | 49.2% | — |
营业利润率MATTEAM
| Q1 26 | — | 11.6% | ||
| Q4 25 | 8.0% | -3.0% | ||
| Q3 25 | 21.9% | -6.7% | ||
| Q2 25 | 7.7% | -2.1% | ||
| Q1 25 | -6.4% | -0.9% | ||
| Q4 24 | 9.6% | -4.5% | ||
| Q3 24 | 26.5% | -2.7% | ||
| Q2 24 | 7.7% | — |
净利率MATTEAM
| Q1 26 | 7.1% | -5.5% | ||
| Q4 25 | 6.0% | -2.7% | ||
| Q3 25 | 16.0% | -3.6% | ||
| Q2 25 | 5.2% | -1.7% | ||
| Q1 25 | -4.9% | -5.2% | ||
| Q4 24 | 8.6% | -3.0% | ||
| Q3 24 | 20.2% | -10.4% | ||
| Q2 24 | 5.3% | — |
每股收益（稀释后）MATTEAM
| Q1 26 | $0.20 | $-0.38 | ||
| Q4 25 | $0.32 | $-0.16 | ||
| Q3 25 | $0.88 | $-0.20 | ||
| Q2 25 | $0.16 | $-0.08 | ||
| Q1 25 | $-0.12 | $-0.27 | ||
| Q4 24 | $0.40 | $-0.15 | ||
| Q3 24 | $1.09 | $-0.48 | ||
| Q2 24 | $0.17 | — |
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 | $1.1B |
| 总债务越低越好 | $2.3B | $989.1M |
| 股东权益账面价值 | $2.1B | $879.0M |
| 总资产 | $6.3B | $5.7B |
| 负债/权益比越低杠杆越低 | 1.11× | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资MATTEAM
| Q1 26 | $866.0M | $1.1B | ||
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $691.9M | $2.8B | ||
| Q2 25 | $870.5M | $2.9B | ||
| Q1 25 | $1.2B | $3.0B | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $723.5M | $2.2B | ||
| Q2 24 | $722.4M | — |
总债务MATTEAM
| Q1 26 | $2.3B | $989.1M | ||
| 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MATTEAM
| Q1 26 | $2.1B | $879.0M | ||
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $2.3B | $1.0B | ||
| Q2 24 | $2.0B | — |
总资产MATTEAM
| Q1 26 | $6.3B | $5.7B | ||
| Q4 25 | $6.6B | $6.2B | ||
| Q3 25 | $6.6B | $5.7B | ||
| Q2 25 | $6.2B | $6.0B | ||
| Q1 25 | $6.2B | $5.9B | ||
| Q4 24 | $6.5B | $5.4B | ||
| Q3 24 | $6.5B | $5.0B | ||
| Q2 24 | $5.9B | — |
负债/权益比MATTEAM
| Q1 26 | 1.11× | 1.13× | ||
| 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 | — | $567.5M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $561.3M |
| 自由现金流率自由现金流/营收 | -10.2% | 31.4% |
| 资本支出强度资本支出/营收 | 7.6% | 0.3% |
| 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 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流MATTEAM
| Q1 26 | — | $567.5M | ||
| Q4 25 | $796.6M | $177.8M | ||
| Q3 25 | $72.0M | $128.7M | ||
| Q2 25 | $-300.1M | $375.3M | ||
| Q1 25 | $24.8M | $652.7M | ||
| Q4 24 | $862.1M | $351.9M | ||
| Q3 24 | $155.8M | $80.5M | ||
| Q2 24 | $-252.9M | — |
自由现金流MATTEAM
| Q1 26 | $-88.1M | $561.3M | ||
| Q4 25 | — | $168.5M | ||
| Q3 25 | — | $114.6M | ||
| Q2 25 | — | $360.3M | ||
| Q1 25 | — | $638.3M | ||
| Q4 24 | — | $342.6M | ||
| Q3 24 | — | $74.3M | ||
| Q2 24 | — | — |
自由现金流率MATTEAM
| Q1 26 | -10.2% | 31.4% | ||
| Q4 25 | — | 10.6% | ||
| Q3 25 | — | 8.0% | ||
| Q2 25 | — | 26.0% | ||
| Q1 25 | — | 47.0% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | — |
资本支出强度MATTEAM
| Q1 26 | 7.6% | 0.3% | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | — |
现金转化率MATTEAM
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | — | ||
| Q3 24 | 0.42× | — | ||
| 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
业务分部营收拆解
MAT
暂无分部数据
TEAM
| Cloud | $1.1B | 63% |
| Data Center | $560.7M | 31% |
| Marketplace and other (1) | $93.8M | 5% |
