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NEXSTAR MEDIA GROUP, INC.（NXST）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NEXSTAR MEDIA GROUP, INC.的1.1倍（$1.4B vs $1.3B），NEXSTAR MEDIA GROUP, INC.净利率更高（-12.9% vs -22.3%，领先9.4%），罗布乐思同比增速更快（43.2% vs -13.4%），罗布乐思自由现金流更多（$308.6M vs $136.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs 0.2%）
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
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。
NXST vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.1倍
$1.3B
营收增速更快
RBLX
高出56.6%
-13.4%
净利率更高
NXST
高出9.4%
-22.3%
自由现金流更多
RBLX
多$172.6M
$136.0M
两年增速更快
RBLX
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $-166.0M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 18.7% | -25.3% |
| 净利率 | -12.9% | -22.3% |
| 营收同比 | -13.4% | 43.2% |
| 净利润同比 | -168.6% | -43.9% |
| 每股收益（稀释后） | $-5.57 | $-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NXSTRBLX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.5B | $988.2M | ||
| Q3 24 | $1.4B | $919.0M | ||
| Q2 24 | $1.3B | $893.5M | ||
| Q1 24 | $1.3B | $801.3M |
净利润NXSTRBLX
| Q4 25 | $-166.0M | $-316.0M | ||
| Q3 25 | $70.0M | $-255.6M | ||
| Q2 25 | $97.0M | $-278.4M | ||
| Q1 25 | $108.0M | $-215.1M | ||
| Q4 24 | $242.0M | $-219.6M | ||
| Q3 24 | $187.0M | $-239.3M | ||
| Q2 24 | $118.0M | $-205.9M | ||
| Q1 24 | $175.0M | $-270.6M |
毛利率NXSTRBLX
| 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NXSTRBLX
| Q4 25 | 18.7% | -25.3% | ||
| Q3 25 | 14.6% | -21.8% | ||
| Q2 25 | 17.3% | -29.8% | ||
| Q1 25 | 17.8% | -24.6% | ||
| Q4 24 | 28.1% | -24.7% | ||
| Q3 24 | 24.5% | -30.4% | ||
| Q2 24 | 18.9% | -26.6% | ||
| Q1 24 | 21.4% | -37.7% |
净利率NXSTRBLX
| Q4 25 | -12.9% | -22.3% | ||
| Q3 25 | 5.8% | -18.8% | ||
| Q2 25 | 7.9% | -25.8% | ||
| Q1 25 | 8.8% | -20.8% | ||
| Q4 24 | 16.3% | -22.2% | ||
| Q3 24 | 13.7% | -26.0% | ||
| Q2 24 | 9.3% | -23.0% | ||
| Q1 24 | 13.6% | -33.8% |
每股收益（稀释后）NXSTRBLX
| Q4 25 | $-5.57 | $-0.44 | ||
| Q3 25 | $2.14 | $-0.37 | ||
| Q2 25 | $3.06 | $-0.41 | ||
| Q1 25 | $3.37 | $-0.32 | ||
| Q4 24 | $7.44 | $-0.32 | ||
| Q3 24 | $5.27 | $-0.37 | ||
| Q2 24 | $3.54 | $-0.32 | ||
| Q1 24 | $5.16 | $-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 | $280.0M | $3.1B |
| 总债务越低越好 | $6.3B | $1.2B |
| 股东权益账面价值 | $2.1B | $394.5M |
| 总资产 | $10.8B | $9.6B |
| 负债/权益比越低杠杆越低 | 3.07× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资NXSTRBLX
| Q4 25 | $280.0M | $3.1B | ||
| Q3 25 | $236.0M | $2.9B | ||
| Q2 25 | $234.0M | $2.6B | ||
| Q1 25 | $253.0M | $2.7B | ||
| Q4 24 | $144.0M | $2.4B | ||
| Q3 24 | $181.0M | $2.3B | ||
| Q2 24 | $146.0M | $2.4B | ||
| Q1 24 | $237.0M | $2.4B |
总债务NXSTRBLX
| Q4 25 | $6.3B | $1.2B | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $6.5B | $1.2B | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | $6.8B | — |
股东权益NXSTRBLX
| Q4 25 | $2.1B | $394.5M | ||
| Q3 25 | $2.3B | $407.6M | ||
| Q2 25 | $2.3B | $353.2M | ||
| Q1 25 | $2.2B | $310.7M | ||
| Q4 24 | $2.3B | $221.4M | ||
| Q3 24 | $2.2B | $189.9M | ||
| Q2 24 | $2.3B | $121.5M | ||
| Q1 24 | $2.3B | $71.6M |
总资产NXSTRBLX
| Q4 25 | $10.8B | $9.6B | ||
| Q3 25 | $11.2B | $8.6B | ||
| Q2 25 | $11.3B | $7.8B | ||
| Q1 25 | $11.4B | $7.5B | ||
| Q4 24 | $11.5B | $7.2B | ||
| Q3 24 | $11.7B | $6.7B | ||
| Q2 24 | $11.8B | $6.5B | ||
| Q1 24 | $11.9B | $6.3B |
负债/权益比NXSTRBLX
| Q4 25 | 3.07× | 2.98× | ||
| Q3 25 | 2.78× | — | ||
| Q2 25 | 2.83× | — | ||
| Q1 25 | 2.89× | — | ||
| Q4 24 | 2.89× | 5.48× | ||
| Q3 24 | 3.02× | — | ||
| Q2 24 | 2.99× | — | ||
| Q1 24 | 2.93× | — |
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 | $190.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 10.6% | 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 | — | — |
| 过去12个月自由现金流最近4个季度 | $743.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流NXSTRBLX
| Q4 25 | $190.0M | $607.0M | ||
| Q3 25 | $117.0M | $546.2M | ||
| Q2 25 | $247.0M | $199.3M | ||
| Q1 25 | $337.0M | $443.9M | ||
| Q4 24 | $411.0M | $184.5M | ||
| Q3 24 | $387.0M | $247.4M | ||
| Q2 24 | $176.0M | $151.4M | ||
| Q1 24 | $276.0M | $238.9M |
自由现金流NXSTRBLX
| Q4 25 | $136.0M | $308.6M | ||
| Q3 25 | $87.0M | $443.6M | ||
| Q2 25 | $218.0M | $176.7M | ||
| Q1 25 | $302.0M | $426.5M | ||
| Q4 24 | $376.0M | $120.6M | ||
| Q3 24 | $358.0M | $218.0M | ||
| Q2 24 | $139.0M | $111.7M | ||
| Q1 24 | $232.0M | $192.3M |
自由现金流率NXSTRBLX
| Q4 25 | 10.6% | 21.8% | ||
| Q3 25 | 7.3% | 32.6% | ||
| Q2 25 | 17.7% | 16.3% | ||
| Q1 25 | 24.5% | 41.2% | ||
| Q4 24 | 25.3% | 12.2% | ||
| Q3 24 | 26.2% | 23.7% | ||
| Q2 24 | 11.0% | 12.5% | ||
| Q1 24 | 18.1% | 24.0% |
资本支出强度NXSTRBLX
| Q4 25 | 4.2% | 21.1% | ||
| Q3 25 | 2.5% | 7.5% | ||
| Q2 25 | 2.4% | 2.1% | ||
| Q1 25 | 2.8% | 1.7% | ||
| Q4 24 | 2.4% | 6.5% | ||
| Q3 24 | 2.1% | 3.2% | ||
| Q2 24 | 2.9% | 4.4% | ||
| Q1 24 | 3.4% | 5.8% |
现金转化率NXSTRBLX
| Q4 25 | — | — | ||
| Q3 25 | 1.67× | — | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 3.12× | — | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 1.49× | — | ||
| Q1 24 | 1.58× | — |
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
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
RBLX
暂无分部数据
