vs
诺信（NDSN）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诺信的1.9倍（$1.4B vs $751.8M），诺信净利率更高（20.2% vs -22.3%，领先42.5%），罗布乐思同比增速更快（43.2% vs 1.0%），罗布乐思自由现金流更多（$308.6M vs $193.9M），过去两年罗布乐思的营收复合增速更高（32.9% vs 9.0%）
诺信（Nordson Corporation）是总部位于美国的跨国企业，专业设计生产民用及工业场景使用的胶粘剂、密封剂、涂料喷涂设备，同时生产电子元器件检测设备、固化及表面处理技术系统，还布局了医疗设备与组件技术相关业务。
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。
NDSN vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.9倍
$751.8M
营收增速更快
RBLX
高出42.2%
1.0%
净利率更高
NDSN
高出42.5%
-22.3%
自由现金流更多
RBLX
多$114.7M
$193.9M
两年增速更快
RBLX
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.8M | $1.4B |
| 净利润 | $151.6M | $-316.0M |
| 毛利率 | 56.3% | 77.7% |
| 营业利润率 | 28.5% | -25.3% |
| 净利率 | 20.2% | -22.3% |
| 营收同比 | 1.0% | 43.2% |
| 净利润同比 | 24.1% | -43.9% |
| 每股收益（稀释后） | $2.67 | $-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NDSNRBLX
| Q4 25 | $751.8M | $1.4B | ||
| Q3 25 | $741.5M | $1.4B | ||
| Q2 25 | $682.9M | $1.1B | ||
| Q1 25 | $615.4M | $1.0B | ||
| Q4 24 | $744.5M | $988.2M | ||
| Q3 24 | $661.6M | $919.0M | ||
| Q2 24 | $650.6M | $893.5M | ||
| Q1 24 | $633.2M | $801.3M |
净利润NDSNRBLX
| Q4 25 | $151.6M | $-316.0M | ||
| Q3 25 | $125.8M | $-255.6M | ||
| Q2 25 | $112.4M | $-278.4M | ||
| Q1 25 | $94.7M | $-215.1M | ||
| Q4 24 | $122.2M | $-219.6M | ||
| Q3 24 | $117.3M | $-239.3M | ||
| Q2 24 | $118.2M | $-205.9M | ||
| Q1 24 | $109.6M | $-270.6M |
毛利率NDSNRBLX
| Q4 25 | 56.3% | 77.7% | ||
| Q3 25 | 54.8% | 78.2% | ||
| Q2 25 | 54.7% | 78.2% | ||
| Q1 25 | 54.6% | 78.3% | ||
| Q4 24 | 54.1% | 77.9% | ||
| Q3 24 | 55.8% | 77.7% | ||
| Q2 24 | 56.2% | 77.8% | ||
| Q1 24 | 55.0% | 77.7% |
营业利润率NDSNRBLX
| Q4 25 | 28.5% | -25.3% | ||
| Q3 25 | 25.3% | -21.8% | ||
| Q2 25 | 24.7% | -29.8% | ||
| Q1 25 | 22.9% | -24.6% | ||
| Q4 24 | 24.0% | -24.7% | ||
| Q3 24 | 25.3% | -30.4% | ||
| Q2 24 | 25.9% | -26.6% | ||
| Q1 24 | 25.2% | -37.7% |
净利率NDSNRBLX
| Q4 25 | 20.2% | -22.3% | ||
| Q3 25 | 17.0% | -18.8% | ||
| Q2 25 | 16.5% | -25.8% | ||
| Q1 25 | 15.4% | -20.8% | ||
| Q4 24 | 16.4% | -22.2% | ||
| Q3 24 | 17.7% | -26.0% | ||
| Q2 24 | 18.2% | -23.0% | ||
| Q1 24 | 17.3% | -33.8% |
每股收益（稀释后）NDSNRBLX
| Q4 25 | $2.67 | $-0.44 | ||
| Q3 25 | $2.22 | $-0.37 | ||
| Q2 25 | $1.97 | $-0.41 | ||
| Q1 25 | $1.65 | $-0.32 | ||
| Q4 24 | $2.12 | $-0.32 | ||
| Q3 24 | $2.04 | $-0.37 | ||
| Q2 24 | $2.05 | $-0.32 | ||
| Q1 24 | $1.90 | $-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 | $108.4M | $3.1B |
| 总债务越低越好 | $2.0B | $1.2B |
| 股东权益账面价值 | $3.0B | $394.5M |
| 总资产 | $5.9B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.66× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资NDSNRBLX
| Q4 25 | $108.4M | $3.1B | ||
| Q3 25 | $147.8M | $2.9B | ||
| Q2 25 | $130.2M | $2.6B | ||
| Q1 25 | $130.4M | $2.7B | ||
| Q4 24 | $116.0M | $2.4B | ||
| Q3 24 | $165.3M | $2.3B | ||
| Q2 24 | $125.4M | $2.4B | ||
| Q1 24 | $136.2M | $2.4B |
总债务NDSNRBLX
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | $1.2B | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.6B | — |
股东权益NDSNRBLX
| Q4 25 | $3.0B | $394.5M | ||
| Q3 25 | $3.0B | $407.6M | ||
| Q2 25 | $3.0B | $353.2M | ||
| Q1 25 | $2.9B | $310.7M | ||
| Q4 24 | $2.9B | $221.4M | ||
| Q3 24 | $2.9B | $189.9M | ||
| Q2 24 | $2.8B | $121.5M | ||
| Q1 24 | $2.7B | $71.6M |
总资产NDSNRBLX
| Q4 25 | $5.9B | $9.6B | ||
| Q3 25 | $6.0B | $8.6B | ||
| Q2 25 | $6.1B | $7.8B | ||
| Q1 25 | $5.9B | $7.5B | ||
| Q4 24 | $6.0B | $7.2B | ||
| Q3 24 | $5.2B | $6.7B | ||
| Q2 24 | $5.2B | $6.5B | ||
| Q1 24 | $5.2B | $6.3B |
负债/权益比NDSNRBLX
| Q4 25 | 0.66× | 2.98× | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.75× | 5.48× | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 0.60× | — |
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 | $202.9M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $193.9M | $308.6M |
| 自由现金流率自由现金流/营收 | 25.8% | 21.8% |
| 资本支出强度资本支出/营收 | 1.2% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | $661.1M | $1.4B |
8季度趋势，按日历期对齐
经营现金流NDSNRBLX
| Q4 25 | $202.9M | $607.0M | ||
| Q3 25 | $238.0M | $546.2M | ||
| Q2 25 | $119.2M | $199.3M | ||
| Q1 25 | $159.1M | $443.9M | ||
| Q4 24 | $96.4M | $184.5M | ||
| Q3 24 | $164.8M | $247.4M | ||
| Q2 24 | $122.6M | $151.4M | ||
| Q1 24 | $172.4M | $238.9M |
自由现金流NDSNRBLX
| Q4 25 | $193.9M | $308.6M | ||
| Q3 25 | $226.4M | $443.6M | ||
| Q2 25 | $103.1M | $176.7M | ||
| Q1 25 | $137.7M | $426.5M | ||
| Q4 24 | $75.8M | $120.6M | ||
| Q3 24 | $143.0M | $218.0M | ||
| Q2 24 | $108.2M | $111.7M | ||
| Q1 24 | $164.8M | $192.3M |
自由现金流率NDSNRBLX
| Q4 25 | 25.8% | 21.8% | ||
| Q3 25 | 30.5% | 32.6% | ||
| Q2 25 | 15.1% | 16.3% | ||
| Q1 25 | 22.4% | 41.2% | ||
| Q4 24 | 10.2% | 12.2% | ||
| Q3 24 | 21.6% | 23.7% | ||
| Q2 24 | 16.6% | 12.5% | ||
| Q1 24 | 26.0% | 24.0% |
资本支出强度NDSNRBLX
| Q4 25 | 1.2% | 21.1% | ||
| Q3 25 | 1.6% | 7.5% | ||
| Q2 25 | 2.3% | 2.1% | ||
| Q1 25 | 3.5% | 1.7% | ||
| Q4 24 | 2.8% | 6.5% | ||
| Q3 24 | 3.3% | 3.2% | ||
| Q2 24 | 2.2% | 4.4% | ||
| Q1 24 | 1.2% | 5.8% |
现金转化率NDSNRBLX
| Q4 25 | 1.34× | — | ||
| Q3 25 | 1.89× | — | ||
| Q2 25 | 1.06× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 0.79× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 1.04× | — | ||
| Q1 24 | 1.57× | — |
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
NDSN
| Advanced Technology Systems | $624.5M | 83% |
| Other | $127.3M | 17% |
RBLX
暂无分部数据
