vs
Match Group（MTCH）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
罗布乐思的季度营收约是Match Group的1.6倍（$1.4B vs $878.0M），Match Group净利率更高（23.9% vs -22.3%，领先46.2%），罗布乐思同比增速更快（43.2% vs 2.1%），罗布乐思自由现金流更多（$308.6M vs $308.1M），过去两年罗布乐思的营收复合增速更高（32.9% vs 1.1%）
美国互联网科技企业Match Group总部位于得克萨斯州达拉斯，旗下拥有全球规模最大的在线约会服务品牌矩阵，运营Tinder、Hinge、Plenty of Fish等多款全球知名约会产品。2020年7月公司从IAC分拆为独立上市公司，截至2019年全球付费订阅用户达930万，其中近半数来自北美地区。
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。
MTCH vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.6倍
$878.0M
营收增速更快
RBLX
高出41.1%
2.1%
净利率更高
MTCH
高出46.2%
-22.3%
自由现金流更多
RBLX
多$462.0K
$308.1M
两年增速更快
RBLX
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $878.0M | $1.4B |
| 净利润 | $209.7M | $-316.0M |
| 毛利率 | 74.7% | 77.7% |
| 营业利润率 | 32.4% | -25.3% |
| 净利率 | 23.9% | -22.3% |
| 营收同比 | 2.1% | 43.2% |
| 净利润同比 | 32.5% | -43.9% |
| 每股收益（稀释后） | $0.83 | $-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MTCHRBLX
| Q4 25 | $878.0M | $1.4B | ||
| Q3 25 | $914.3M | $1.4B | ||
| Q2 25 | $863.7M | $1.1B | ||
| Q1 25 | $831.2M | $1.0B | ||
| Q4 24 | $860.2M | $988.2M | ||
| Q3 24 | $895.5M | $919.0M | ||
| Q2 24 | $864.1M | $893.5M | ||
| Q1 24 | $859.6M | $801.3M |
净利润MTCHRBLX
| Q4 25 | $209.7M | $-316.0M | ||
| Q3 25 | $160.8M | $-255.6M | ||
| Q2 25 | $125.5M | $-278.4M | ||
| Q1 25 | $117.6M | $-215.1M | ||
| Q4 24 | $158.3M | $-219.6M | ||
| Q3 24 | $136.5M | $-239.3M | ||
| Q2 24 | $133.3M | $-205.9M | ||
| Q1 24 | $123.2M | $-270.6M |
毛利率MTCHRBLX
| Q4 25 | 74.7% | 77.7% | ||
| Q3 25 | 73.0% | 78.2% | ||
| Q2 25 | 72.0% | 78.2% | ||
| Q1 25 | 71.5% | 78.3% | ||
| Q4 24 | 72.5% | 77.9% | ||
| Q3 24 | 71.7% | 77.7% | ||
| Q2 24 | 71.6% | 77.8% | ||
| Q1 24 | 70.1% | 77.7% |
营业利润率MTCHRBLX
| Q4 25 | 32.4% | -25.3% | ||
| Q3 25 | 24.2% | -21.8% | ||
| Q2 25 | 22.5% | -29.8% | ||
| Q1 25 | 20.8% | -24.6% | ||
| Q4 24 | 26.0% | -24.7% | ||
| Q3 24 | 23.5% | -30.4% | ||
| Q2 24 | 23.7% | -26.6% | ||
| Q1 24 | 21.5% | -37.7% |
净利率MTCHRBLX
| Q4 25 | 23.9% | -22.3% | ||
| Q3 25 | 17.6% | -18.8% | ||
| Q2 25 | 14.5% | -25.8% | ||
| Q1 25 | 14.1% | -20.8% | ||
| Q4 24 | 18.4% | -22.2% | ||
| Q3 24 | 15.2% | -26.0% | ||
| Q2 24 | 15.4% | -23.0% | ||
| Q1 24 | 14.3% | -33.8% |
每股收益（稀释后）MTCHRBLX
| Q4 25 | $0.83 | $-0.44 | ||
| Q3 25 | $0.62 | $-0.37 | ||
| Q2 25 | $0.49 | $-0.41 | ||
| Q1 25 | $0.44 | $-0.32 | ||
| Q4 24 | $0.59 | $-0.32 | ||
| Q3 24 | $0.51 | $-0.37 | ||
| Q2 24 | $0.48 | $-0.32 | ||
| Q1 24 | $0.44 | $-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 | $1.0B | $3.1B |
| 总债务越低越好 | $3.5B | $1.2B |
| 股东权益账面价值 | $-253.5M | $394.5M |
| 总资产 | $4.5B | $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MTCHRBLX
| Q4 25 | $1.0B | $3.1B | ||
| Q3 25 | $1.1B | $2.9B | ||
| Q2 25 | $340.4M | $2.6B | ||
| Q1 25 | $414.2M | $2.7B | ||
| Q4 24 | $970.7M | $2.4B | ||
| Q3 24 | $860.9M | $2.3B | ||
| Q2 24 | $843.6M | $2.4B | ||
| Q1 24 | $920.9M | $2.4B |
总债务MTCHRBLX
| Q4 25 | $3.5B | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.8B | $1.2B | ||
| Q3 24 | $3.8B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.8B | — |
股东权益MTCHRBLX
| Q4 25 | $-253.5M | $394.5M | ||
| Q3 25 | $-223.9M | $407.6M | ||
| Q2 25 | $-230.9M | $353.2M | ||
| Q1 25 | $-182.7M | $310.7M | ||
| Q4 24 | $-63.7M | $221.4M | ||
| Q3 24 | $-88.5M | $189.9M | ||
| Q2 24 | $-130.2M | $121.5M | ||
| Q1 24 | $-107.8M | $71.6M |
总资产MTCHRBLX
| Q4 25 | $4.5B | $9.6B | ||
| Q3 25 | $4.5B | $8.6B | ||
| Q2 25 | $3.9B | $7.8B | ||
| Q1 25 | $3.9B | $7.5B | ||
| Q4 24 | $4.5B | $7.2B | ||
| Q3 24 | $4.4B | $6.7B | ||
| Q2 24 | $4.4B | $6.5B | ||
| Q1 24 | $4.4B | $6.3B |
负债/权益比MTCHRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $322.8M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $308.1M | $308.6M |
| 自由现金流率自由现金流/营收 | 35.1% | 21.8% |
| 资本支出强度资本支出/营收 | 1.7% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.54× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $1.4B |
8季度趋势，按日历期对齐
经营现金流MTCHRBLX
| Q4 25 | $322.8M | $607.0M | ||
| Q3 25 | $320.6M | $546.2M | ||
| Q2 25 | $243.8M | $199.3M | ||
| Q1 25 | $193.1M | $443.9M | ||
| Q4 24 | $254.7M | $184.5M | ||
| Q3 24 | $264.9M | $247.4M | ||
| Q2 24 | $129.0M | $151.4M | ||
| Q1 24 | $284.1M | $238.9M |
自由现金流MTCHRBLX
| Q4 25 | $308.1M | $308.6M | ||
| Q3 25 | $306.8M | $443.6M | ||
| Q2 25 | $231.0M | $176.7M | ||
| Q1 25 | $177.7M | $426.5M | ||
| Q4 24 | $247.1M | $120.6M | ||
| Q3 24 | $251.8M | $218.0M | ||
| Q2 24 | $116.3M | $111.7M | ||
| Q1 24 | $266.9M | $192.3M |
自由现金流率MTCHRBLX
| Q4 25 | 35.1% | 21.8% | ||
| Q3 25 | 33.6% | 32.6% | ||
| Q2 25 | 26.7% | 16.3% | ||
| Q1 25 | 21.4% | 41.2% | ||
| Q4 24 | 28.7% | 12.2% | ||
| Q3 24 | 28.1% | 23.7% | ||
| Q2 24 | 13.5% | 12.5% | ||
| Q1 24 | 31.0% | 24.0% |
资本支出强度MTCHRBLX
| Q4 25 | 1.7% | 21.1% | ||
| Q3 25 | 1.5% | 7.5% | ||
| Q2 25 | 1.5% | 2.1% | ||
| Q1 25 | 1.9% | 1.7% | ||
| Q4 24 | 0.9% | 6.5% | ||
| Q3 24 | 1.5% | 3.2% | ||
| Q2 24 | 1.5% | 4.4% | ||
| Q1 24 | 2.0% | 5.8% |
现金转化率MTCHRBLX
| Q4 25 | 1.54× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.94× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | 1.94× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | 2.31× | — |
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
MTCH
| Tinder Segment | $479.3M | 55% |
| Hinge Segment | $186.5M | 21% |
| Evergreen And Emerging Segment | $148.1M | 17% |
| MG Asia Segment | $65.8M | 7% |
RBLX
暂无分部数据
