vs
新闻集团（NWSA）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
新闻集团的季度营收约是罗布乐思的1.7倍（$2.4B vs $1.4B），新闻集团净利率更高（8.2% vs -22.3%，领先30.5%），罗布乐思同比增速更快（43.2% vs 5.5%），罗布乐思自由现金流更多（$308.6M vs $132.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs -1.3%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
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。
NWSA vs RBLX — 直观对比
营收规模更大
NWSA
是对方的1.7倍
$1.4B
营收增速更快
RBLX
高出37.7%
5.5%
净利率更高
NWSA
高出30.5%
-22.3%
自由现金流更多
RBLX
多$176.6M
$132.0M
两年增速更快
RBLX
近两年复合增速
-1.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.4B |
| 净利润 | $193.0M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | — | -25.3% |
| 净利率 | 8.2% | -22.3% |
| 营收同比 | 5.5% | 43.2% |
| 净利润同比 | -10.2% | -43.9% |
| 每股收益（稀释后） | $0.34 | $-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NWSARBLX
| Q4 25 | $2.4B | $1.4B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $2.0B | $1.0B | ||
| Q4 24 | $2.2B | $988.2M | ||
| Q3 24 | $2.6B | $919.0M | ||
| Q2 24 | $2.6B | $893.5M | ||
| Q1 24 | $2.4B | $801.3M |
净利润NWSARBLX
| Q4 25 | $193.0M | $-316.0M | ||
| Q3 25 | $112.0M | $-255.6M | ||
| Q2 25 | $743.0M | $-278.4M | ||
| Q1 25 | $103.0M | $-215.1M | ||
| Q4 24 | $215.0M | $-219.6M | ||
| Q3 24 | $119.0M | $-239.3M | ||
| Q2 24 | $50.0M | $-205.9M | ||
| Q1 24 | $30.0M | $-270.6M |
毛利率NWSARBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率NWSARBLX
| Q4 25 | — | -25.3% | ||
| Q3 25 | — | -21.8% | ||
| Q2 25 | 8.5% | -29.8% | ||
| Q1 25 | 7.5% | -24.6% | ||
| Q4 24 | 19.2% | -24.7% | ||
| Q3 24 | 7.9% | -30.4% | ||
| Q2 24 | 4.3% | -26.6% | ||
| Q1 24 | 2.6% | -37.7% |
净利率NWSARBLX
| Q4 25 | 8.2% | -22.3% | ||
| Q3 25 | 5.2% | -18.8% | ||
| Q2 25 | 45.6% | -25.8% | ||
| Q1 25 | 5.1% | -20.8% | ||
| Q4 24 | 9.6% | -22.2% | ||
| Q3 24 | 4.6% | -26.0% | ||
| Q2 24 | 1.9% | -23.0% | ||
| Q1 24 | 1.2% | -33.8% |
每股收益（稀释后）NWSARBLX
| Q4 25 | $0.34 | $-0.44 | ||
| Q3 25 | $0.20 | $-0.37 | ||
| Q2 25 | $1.30 | $-0.41 | ||
| Q1 25 | $0.18 | $-0.32 | ||
| Q4 24 | $0.38 | $-0.32 | ||
| Q3 24 | $0.21 | $-0.37 | ||
| Q2 24 | $0.09 | $-0.32 | ||
| Q1 24 | $0.05 | $-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 | $2.1B | $3.1B |
| 总债务越低越好 | $2.0B | $1.2B |
| 股东权益账面价值 | $8.8B | $394.5M |
| 总资产 | $15.5B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.22× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资NWSARBLX
| Q4 25 | $2.1B | $3.1B | ||
| Q3 25 | $2.2B | $2.9B | ||
| Q2 25 | $2.4B | $2.6B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | $2.0B | $2.4B | ||
| Q1 24 | $1.9B | $2.4B |
总债务NWSARBLX
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.9B | — |
股东权益NWSARBLX
| Q4 25 | $8.8B | $394.5M | ||
| Q3 25 | $8.7B | $407.6M | ||
| Q2 25 | $8.8B | $353.2M | ||
| Q1 25 | $8.2B | $310.7M | ||
| Q4 24 | $8.1B | $221.4M | ||
| Q3 24 | $8.3B | $189.9M | ||
| Q2 24 | $8.1B | $121.5M | ||
| Q1 24 | $8.1B | $71.6M |
总资产NWSARBLX
| Q4 25 | $15.5B | $9.6B | ||
| Q3 25 | $15.3B | $8.6B | ||
| Q2 25 | $15.5B | $7.8B | ||
| Q1 25 | $16.6B | $7.5B | ||
| Q4 24 | $16.2B | $7.2B | ||
| Q3 24 | $16.9B | $6.7B | ||
| Q2 24 | $16.7B | $6.5B | ||
| Q1 24 | $16.5B | $6.3B |
负债/权益比NWSARBLX
| Q4 25 | 0.22× | 2.98× | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.24× | 5.48× | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.36× | — |
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 | $231.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $132.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 5.6% | 21.8% |
| 资本支出强度资本支出/营收 | 4.2% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.20× | — |
| 过去12个月自由现金流最近4个季度 | $586.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流NWSARBLX
| Q4 25 | $231.0M | $607.0M | ||
| Q3 25 | $85.0M | $546.2M | ||
| Q2 25 | $189.0M | $199.3M | ||
| Q1 25 | $511.0M | $443.9M | ||
| Q4 24 | $252.0M | $184.5M | ||
| Q3 24 | $64.0M | $247.4M | ||
| Q2 24 | $254.0M | $151.4M | ||
| Q1 24 | $539.0M | $238.9M |
自由现金流NWSARBLX
| Q4 25 | $132.0M | $308.6M | ||
| Q3 25 | $4.0M | $443.6M | ||
| Q2 25 | $32.0M | $176.7M | ||
| Q1 25 | $418.0M | $426.5M | ||
| Q4 24 | $190.0M | $120.6M | ||
| Q3 24 | $-31.0M | $218.0M | ||
| Q2 24 | $111.0M | $111.7M | ||
| Q1 24 | $422.0M | $192.3M |
自由现金流率NWSARBLX
| Q4 25 | 5.6% | 21.8% | ||
| Q3 25 | 0.2% | 32.6% | ||
| Q2 25 | 2.0% | 16.3% | ||
| Q1 25 | 20.8% | 41.2% | ||
| Q4 24 | 8.5% | 12.2% | ||
| Q3 24 | -1.2% | 23.7% | ||
| Q2 24 | 4.3% | 12.5% | ||
| Q1 24 | 17.4% | 24.0% |
资本支出强度NWSARBLX
| Q4 25 | 4.2% | 21.1% | ||
| Q3 25 | 3.8% | 7.5% | ||
| Q2 25 | 9.6% | 2.1% | ||
| Q1 25 | 4.6% | 1.7% | ||
| Q4 24 | 2.8% | 6.5% | ||
| Q3 24 | 3.7% | 3.2% | ||
| Q2 24 | 5.5% | 4.4% | ||
| Q1 24 | 4.8% | 5.8% |
现金转化率NWSARBLX
| Q4 25 | 1.20× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 4.96× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 5.08× | — | ||
| Q1 24 | 17.97× | — |
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
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
RBLX
暂无分部数据
