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怪兽饮料（MNST）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
怪兽饮料的季度营收约是罗布乐思的1.5倍（$2.1B vs $1.4B），怪兽饮料净利率更高（21.1% vs -22.3%，领先43.4%），罗布乐思同比增速更快（43.2% vs 17.6%），怪兽饮料自由现金流更多（$351.2M vs $308.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs 5.9%）
怪兽饮料是美国知名饮品企业，旗下拥有魔爪、Relentless、Reign、Burn等多款畅销能量饮料产品。公司1935年创立于美国南加州，前身为Hansen's，最初主营果汁产品，2012年正式更为现名。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
MNST vs RBLX — 直观对比
营收规模更大
MNST
是对方的1.5倍
$1.4B
营收增速更快
RBLX
高出25.6%
17.6%
净利率更高
MNST
高出43.4%
-22.3%
自由现金流更多
MNST
多$42.7M
$308.6M
两年增速更快
RBLX
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.4B |
| 净利润 | $449.2M | $-316.0M |
| 毛利率 | 55.5% | 77.7% |
| 营业利润率 | 25.5% | -25.3% |
| 净利率 | 21.1% | -22.3% |
| 营收同比 | 17.6% | 43.2% |
| 净利润同比 | 65.9% | -43.9% |
| 每股收益（稀释后） | — | $-0.44 |
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MNSTRBLX
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $1.9B | $1.0B | ||
| Q4 24 | $1.8B | $988.2M | ||
| Q3 24 | $1.9B | $919.0M | ||
| Q2 24 | $1.9B | $893.5M | ||
| Q1 24 | $1.9B | $801.3M |
净利润MNSTRBLX
| Q4 25 | $449.2M | $-316.0M | ||
| Q3 25 | $524.5M | $-255.6M | ||
| Q2 25 | $488.8M | $-278.4M | ||
| Q1 25 | $443.0M | $-215.1M | ||
| Q4 24 | $270.7M | $-219.6M | ||
| Q3 24 | $370.9M | $-239.3M | ||
| Q2 24 | $425.4M | $-205.9M | ||
| Q1 24 | $442.0M | $-270.6M |
毛利率MNSTRBLX
| Q4 25 | 55.5% | 77.7% | ||
| Q3 25 | 55.7% | 78.2% | ||
| Q2 25 | 55.7% | 78.2% | ||
| Q1 25 | 56.5% | 78.3% | ||
| Q4 24 | 55.3% | 77.9% | ||
| Q3 24 | 53.2% | 77.7% | ||
| Q2 24 | 53.6% | 77.8% | ||
| Q1 24 | 54.1% | 77.7% |
营业利润率MNSTRBLX
| Q4 25 | 25.5% | -25.3% | ||
| Q3 25 | 30.7% | -21.8% | ||
| Q2 25 | 29.9% | -29.8% | ||
| Q1 25 | 30.7% | -24.6% | ||
| Q4 24 | 21.0% | -24.7% | ||
| Q3 24 | 25.5% | -30.4% | ||
| Q2 24 | 27.7% | -26.6% | ||
| Q1 24 | 28.5% | -37.7% |
净利率MNSTRBLX
| Q4 25 | 21.1% | -22.3% | ||
| Q3 25 | 23.9% | -18.8% | ||
| Q2 25 | 23.1% | -25.8% | ||
| Q1 25 | 23.9% | -20.8% | ||
| Q4 24 | 14.9% | -22.2% | ||
| Q3 24 | 19.7% | -26.0% | ||
| Q2 24 | 22.4% | -23.0% | ||
| Q1 24 | 23.3% | -33.8% |
每股收益（稀释后）MNSTRBLX
| Q4 25 | — | $-0.44 | ||
| Q3 25 | — | $-0.37 | ||
| Q2 25 | — | $-0.41 | ||
| Q1 25 | — | $-0.32 | ||
| Q4 24 | — | $-0.32 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | — | $-0.32 | ||
| Q1 24 | — | $-0.43 |
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 | $2.8B | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $8.3B | $394.5M |
| 总资产 | $10.0B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资MNSTRBLX
| Q4 25 | $2.8B | $3.1B | ||
| Q3 25 | $2.6B | $2.9B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $1.9B | $2.7B | ||
| Q4 24 | $1.5B | $2.4B | ||
| Q3 24 | $1.6B | $2.3B | ||
| Q2 24 | $1.6B | $2.4B | ||
| Q1 24 | $3.6B | $2.4B |
总债务MNSTRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $199.1M | — | ||
| Q4 24 | $374.0M | $1.2B | ||
| Q3 24 | $748.8M | — | ||
| Q2 24 | $748.7M | — | ||
| Q1 24 | — | — |
股东权益MNSTRBLX
| Q4 25 | $8.3B | $394.5M | ||
| Q3 25 | $7.7B | $407.6M | ||
| Q2 25 | $7.2B | $353.2M | ||
| Q1 25 | $6.5B | $310.7M | ||
| Q4 24 | $6.0B | $221.4M | ||
| Q3 24 | $5.8B | $189.9M | ||
| Q2 24 | $5.9B | $121.5M | ||
| Q1 24 | $8.6B | $71.6M |
总资产MNSTRBLX
| Q4 25 | $10.0B | $9.6B | ||
| Q3 25 | $9.6B | $8.6B | ||
| Q2 25 | $8.7B | $7.8B | ||
| Q1 25 | $8.2B | $7.5B | ||
| Q4 24 | $7.7B | $7.2B | ||
| Q3 24 | $8.1B | $6.7B | ||
| Q2 24 | $8.1B | $6.5B | ||
| Q1 24 | $10.1B | $6.3B |
负债/权益比MNSTRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.06× | 5.48× | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.13× | — | ||
| Q1 24 | — | — |
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 | $379.4M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $351.2M | $308.6M |
| 自由现金流率自由现金流/营收 | 16.5% | 21.8% |
| 资本支出强度资本支出/营收 | 1.3% | 21.1% |
| 现金转化率经营现金流/净利润 | 0.84× | — |
| 过去12个月自由现金流最近4个季度 | $2.0B | $1.4B |
8季度趋势，按日历期对齐
经营现金流MNSTRBLX
| Q4 25 | $379.4M | $607.0M | ||
| Q3 25 | $745.1M | $546.2M | ||
| Q2 25 | $466.0M | $199.3M | ||
| Q1 25 | $507.6M | $443.9M | ||
| Q4 24 | $461.7M | $184.5M | ||
| Q3 24 | $618.4M | $247.4M | ||
| Q2 24 | $436.3M | $151.4M | ||
| Q1 24 | $412.1M | $238.9M |
自由现金流MNSTRBLX
| Q4 25 | $351.2M | $308.6M | ||
| Q3 25 | $701.5M | $443.6M | ||
| Q2 25 | $434.6M | $176.7M | ||
| Q1 25 | $478.5M | $426.5M | ||
| Q4 24 | $370.4M | $120.6M | ||
| Q3 24 | $571.4M | $218.0M | ||
| Q2 24 | $376.5M | $111.7M | ||
| Q1 24 | $346.1M | $192.3M |
自由现金流率MNSTRBLX
| Q4 25 | 16.5% | 21.8% | ||
| Q3 25 | 31.9% | 32.6% | ||
| Q2 25 | 20.6% | 16.3% | ||
| Q1 25 | 25.8% | 41.2% | ||
| Q4 24 | 20.4% | 12.2% | ||
| Q3 24 | 30.4% | 23.7% | ||
| Q2 24 | 19.8% | 12.5% | ||
| Q1 24 | 18.2% | 24.0% |
资本支出强度MNSTRBLX
| Q4 25 | 1.3% | 21.1% | ||
| Q3 25 | 2.0% | 7.5% | ||
| Q2 25 | 1.5% | 2.1% | ||
| Q1 25 | 1.6% | 1.7% | ||
| Q4 24 | 5.0% | 6.5% | ||
| Q3 24 | 2.5% | 3.2% | ||
| Q2 24 | 3.1% | 4.4% | ||
| Q1 24 | 3.5% | 5.8% |
现金转化率MNSTRBLX
| Q4 25 | 0.84× | — | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.15× | — | ||
| Q4 24 | 1.71× | — | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | 0.93× | — |
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
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
RBLX
暂无分部数据
