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EMERSON RADIO CORP（MSN）与Sonos Inc（SONO）财务数据对比。点击上方公司名可切换其他公司
Sonos Inc的季度营收约是EMERSON RADIO CORP的152.2倍（$287.9M vs $1.9M）。Sonos Inc净利率更高（-13.1% vs -36.7%，领先23.6%）。Sonos Inc同比增速更快（12.7% vs -52.8%）。过去两年EMERSON RADIO CORP的营收复合增速更高（-7.3% vs -31.5%）
艾默生收音机公司是美国出货量领先的消费电子经销商之一，旗下商标自1912年起持续沿用至今，具备较高知名度。公司在全球范围内开展多条产品线的设计、营销与授权业务，部分产品以G Clef品牌销售及授权，该品牌名称是向艾默生原有标识致敬。
Sonos Inc是总部位于美国加利福尼亚州圣巴巴拉的音频设备制造商，由约翰·麦克法兰、克雷格·谢尔本、汤姆·卡伦与钟·麦于2002年联合创立，专注于音频技术研发与相关产品生产，旗下产品在全球消费音频市场拥有较高的用户认可度。
MSN vs SONO — 直观对比
营收规模更大
SONO
是对方的152.2倍
$1.9M
营收增速更快
SONO
高出65.5%
-52.8%
净利率更高
SONO
高出23.6%
-36.7%
两年增速更快
MSN
近两年复合增速
-31.5%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9M | $287.9M |
| 净利润 | $-694.0K | $-37.9M |
| 毛利率 | 10.9% | 43.7% |
| 营业利润率 | -43.7% | -12.0% |
| 净利率 | -36.7% | -13.1% |
| 营收同比 | -52.8% | 12.7% |
| 净利润同比 | -31.7% | 28.7% |
| 每股收益（稀释后） | $-0.03 | $-0.30 |
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MSNSONO
| Q4 25 | $1.9M | — | ||
| Q3 25 | $1.2M | $287.9M | ||
| Q2 25 | $1.7M | $344.8M | ||
| Q1 25 | $1.8M | $259.8M | ||
| Q4 24 | $4.0M | $550.9M | ||
| Q3 24 | $2.7M | $255.4M | ||
| Q2 24 | $2.2M | $397.1M | ||
| Q1 24 | $2.2M | $252.7M |
净利润MSNSONO
| Q4 25 | $-694.0K | — | ||
| Q3 25 | $-1.0M | $-37.9M | ||
| Q2 25 | $-1.1M | $-3.4M | ||
| Q1 25 | $-2.4M | $-70.1M | ||
| Q4 24 | $-527.0K | $50.2M | ||
| Q3 24 | $-881.0K | $-53.1M | ||
| Q2 24 | $-962.0K | $3.7M | ||
| Q1 24 | $-883.0K | $-69.7M |
毛利率MSNSONO
| Q4 25 | 10.9% | — | ||
| Q3 25 | -0.1% | 43.7% | ||
| Q2 25 | 0.7% | 43.4% | ||
| Q1 25 | -3.0% | 43.7% | ||
| Q4 24 | 12.3% | 43.8% | ||
| Q3 24 | 9.9% | 40.3% | ||
| Q2 24 | 8.8% | 48.3% | ||
| Q1 24 | 15.9% | 44.3% |
营业利润率MSNSONO
| Q4 25 | -43.7% | — | ||
| Q3 25 | -98.4% | -12.0% | ||
| Q2 25 | -78.1% | -0.8% | ||
| Q1 25 | -137.8% | -23.6% | ||
| Q4 24 | -18.3% | 8.7% | ||
| Q3 24 | -40.8% | -27.2% | ||
| Q2 24 | -55.6% | 3.2% | ||
| Q1 24 | -52.2% | -28.1% |
净利率MSNSONO
| Q4 25 | -36.7% | — | ||
| Q3 25 | -85.8% | -13.1% | ||
| Q2 25 | -68.1% | -1.0% | ||
| Q1 25 | -127.9% | -27.0% | ||
| Q4 24 | -13.2% | 9.1% | ||
| Q3 24 | -32.2% | -20.8% | ||
| Q2 24 | -43.8% | 0.9% | ||
| Q1 24 | -40.1% | -27.6% |
每股收益（稀释后）MSNSONO
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.05 | $-0.30 | ||
| Q2 25 | $-0.05 | $-0.03 | ||
| Q1 25 | $-0.10 | $-0.58 | ||
| Q4 24 | $-0.03 | $0.40 | ||
| Q3 24 | $-0.04 | $-0.42 | ||
| Q2 24 | $-0.05 | $0.03 | ||
| Q1 24 | $-0.04 | $-0.56 |
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 | $13.3M | $174.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $18.6M | $355.2M |
| 总资产 | $20.1M | $823.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MSNSONO
| Q4 25 | $13.3M | — | ||
| Q3 25 | $13.5M | $174.7M | ||
| Q2 25 | $15.5M | $201.3M | ||
| Q1 25 | $16.1M | $173.2M | ||
| Q4 24 | $16.4M | $280.0M | ||
| Q3 24 | $16.7M | $169.7M | ||
| Q2 24 | $18.9M | $227.1M | ||
| Q1 24 | $19.9M | $246.0M |
股东权益MSNSONO
| Q4 25 | $18.6M | — | ||
| Q3 25 | $19.3M | $355.2M | ||
| Q2 25 | $20.4M | $399.3M | ||
| Q1 25 | $21.5M | $382.9M | ||
| Q4 24 | $23.9M | $469.1M | ||
| Q3 24 | $24.4M | $428.6M | ||
| Q2 24 | $25.3M | $464.4M | ||
| Q1 24 | $26.2M | $494.0M |
总资产MSNSONO
| Q4 25 | $20.1M | — | ||
| Q3 25 | $20.7M | $823.3M | ||
| Q2 25 | $23.3M | $834.4M | ||
| Q1 25 | $23.5M | $792.2M | ||
| Q4 24 | $26.4M | $963.6M | ||
| Q3 24 | $26.6M | $916.3M | ||
| Q2 24 | $28.5M | $961.1M | ||
| Q1 24 | $29.1M | $925.6M |
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 | $-228.0K | $2.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流MSNSONO
| Q4 25 | $-228.0K | — | ||
| Q3 25 | $-2.0M | $2.9M | ||
| Q2 25 | $-514.0K | $37.4M | ||
| Q1 25 | $-391.0K | $-59.7M | ||
| Q4 24 | $-293.0K | $156.2M | ||
| Q3 24 | $-2.1M | $-37.7M | ||
| Q2 24 | $-840.0K | $63.5M | ||
| Q1 24 | $-2.2M | $-111.2M |
自由现金流MSNSONO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $32.7M | ||
| Q1 25 | — | $-65.2M | ||
| Q4 24 | $-301.0K | $143.1M | ||
| Q3 24 | $-2.1M | — | ||
| Q2 24 | $-1.0M | $40.3M | ||
| Q1 24 | $-2.3M | $-121.4M |
自由现金流率MSNSONO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | -25.1% | ||
| Q4 24 | -7.5% | 26.0% | ||
| Q3 24 | -77.8% | — | ||
| Q2 24 | -46.4% | 10.1% | ||
| Q1 24 | -102.3% | -48.1% |
资本支出强度MSNSONO
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | 1.4% | ||
| Q1 25 | 0.0% | 2.1% | ||
| Q4 24 | 0.2% | 2.4% | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 8.2% | 5.8% | ||
| Q1 24 | 0.5% | 4.0% |
现金转化率MSNSONO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.11× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 17.12× | ||
| Q1 24 | — | — |
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
MSN
暂无分部数据
SONO
| Sonos Speakers | $206.5M | 72% |
| Sonos System Products | $65.2M | 23% |
| Partner Products And Other Revenue | $16.2M | 6% |
