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Madison Square Garden Entertainment Corp.（MSGE）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是Madison Square Garden Entertainment Corp.的1.6倍（$663.0M vs $424.8M），Reddit, Inc.净利率更高（30.8% vs 21.8%，领先8.9%），Reddit, Inc.同比增速更快（69.0% vs 12.5%），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs 48.9%）
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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。
MSGE vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.6倍
$424.8M
营收增速更快
RDDT
高出56.5%
12.5%
净利率更高
RDDT
高出8.9%
21.8%
两年增速更快
RDDT
近两年复合增速
48.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $424.8M | $663.0M |
| 净利润 | $92.7M | $204.0M |
| 毛利率 | — | 100.0% |
| 营业利润率 | 38.6% | 0.0% |
| 净利率 | 21.8% | 30.8% |
| 营收同比 | 12.5% | 69.0% |
| 净利润同比 | 22.2% | 680.0% |
| 每股收益（稀释后） | $1.94 | $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MSGERDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | $424.8M | $725.6M | ||
| Q3 25 | $154.1M | $584.9M | ||
| Q2 25 | $145.1M | $499.6M | ||
| Q1 25 | $206.0M | $392.4M | ||
| Q4 24 | $377.6M | $427.7M | ||
| Q3 24 | $134.1M | $348.4M | ||
| Q2 24 | $177.6M | $281.2M |
净利润MSGERDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | $92.7M | $251.6M | ||
| Q3 25 | $-21.7M | $162.7M | ||
| Q2 25 | $-27.2M | $89.3M | ||
| Q1 25 | $8.0M | $26.2M | ||
| Q4 24 | $75.9M | $71.0M | ||
| Q3 24 | $-19.3M | $29.9M | ||
| Q2 24 | $66.9M | $-10.1M |
毛利率MSGERDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% |
营业利润率MSGERDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | 38.6% | 31.9% | ||
| Q3 25 | -19.3% | 23.7% | ||
| Q2 25 | -17.7% | 13.6% | ||
| Q1 25 | 13.3% | 1.0% | ||
| Q4 24 | 36.8% | 12.4% | ||
| Q3 24 | -13.8% | 2.0% | ||
| Q2 24 | -5.0% | -11.0% |
净利率MSGERDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | 21.8% | 34.7% | ||
| Q3 25 | -14.0% | 27.8% | ||
| Q2 25 | -18.7% | 17.9% | ||
| Q1 25 | 3.9% | 6.7% | ||
| Q4 24 | 20.1% | 16.6% | ||
| Q3 24 | -14.4% | 8.6% | ||
| Q2 24 | 37.7% | -3.6% |
每股收益（稀释后）MSGERDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | $1.94 | $1.24 | ||
| Q3 25 | $-0.46 | $0.80 | ||
| Q2 25 | $-0.56 | $0.45 | ||
| Q1 25 | $0.17 | $0.13 | ||
| Q4 24 | $1.56 | $4.76 | ||
| Q3 24 | $-0.40 | $0.16 | ||
| Q2 24 | $1.32 | $-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 | $157.1M | $1.4B |
| 总债务越低越好 | $554.6M | — |
| 股东权益账面价值 | $36.0M | $3.2B |
| 总资产 | $1.8B | $3.5B |
| 负债/权益比越低杠杆越低 | 15.40× | — |
8季度趋势，按日历期对齐
现金及短期投资MSGERDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | $157.1M | $953.6M | ||
| Q3 25 | $29.9M | $911.7M | ||
| Q2 25 | $43.0M | $734.1M | ||
| Q1 25 | $89.0M | $635.7M | ||
| Q4 24 | $54.9M | $562.1M | ||
| Q3 24 | $37.3M | $515.9M | ||
| Q2 24 | $33.3M | $468.0M |
总债务MSGERDDT
| Q1 26 | — | — | ||
| Q4 25 | $554.6M | — | ||
| Q3 25 | $581.7M | — | ||
| Q2 25 | $568.8M | — | ||
| Q1 25 | $577.4M | — | ||
| Q4 24 | $584.7M | — | ||
| Q3 24 | $647.0M | — | ||
| Q2 24 | $599.2M | — |
股东权益MSGERDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | $36.0M | $2.9B | ||
| Q3 25 | $-65.8M | $2.6B | ||
| Q2 25 | $-13.3M | $2.4B | ||
| Q1 25 | $9.5M | $2.2B | ||
| Q4 24 | $10.3M | $2.1B | ||
| Q3 24 | $-48.7M | $2.0B | ||
| Q2 24 | $-23.2M | $1.9B |
总资产MSGERDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | $1.8B | $3.2B | ||
| Q3 25 | $1.7B | $2.9B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.7B | $2.4B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.6B | $2.1B |
负债/权益比MSGERDDT
| Q1 26 | — | — | ||
| Q4 25 | 15.40× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 60.61× | — | ||
| Q4 24 | 56.61× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $164.4M | — |
| 自由现金流经营现金流 - 资本支出 | — | $311.0M |
| 自由现金流率自由现金流/营收 | — | 46.9% |
| 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 | 1.77× | — |
| 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MSGERDDT
| Q1 26 | — | — | ||
| Q4 25 | $164.4M | $266.8M | ||
| Q3 25 | $19.8M | $185.2M | ||
| Q2 25 | $-27.0M | $111.3M | ||
| Q1 25 | $56.8M | $127.6M | ||
| Q4 24 | $112.9M | $90.0M | ||
| Q3 24 | $-27.4M | $71.6M | ||
| Q2 24 | $212.0K | $28.4M |
自由现金流MSGERDDT
| Q1 26 | — | $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MSGERDDT
| Q1 26 | — | 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MSGERDDT
| Q1 26 | — | — | ||
| 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MSGERDDT
| Q1 26 | — | — | ||
| Q4 25 | 1.77× | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | 7.07× | 4.88× | ||
| Q4 24 | 1.49× | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| Q2 24 | 0.00× | — |
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
MSGE
| Ticketing And Venue License Fee Revenues | $263.5M | 62% |
| Food Beverage And Merchandise Revenues | $64.3M | 15% |
| Related Party | $43.9M | 10% |
| Arena Licensing Fees And Other Leasing Revenue | $35.2M | 8% |
| Other | $15.9M | 4% |
RDDT
暂无分部数据
