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纽约时报公司（NYT）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纽约时报公司的1.8倍（$1.4B vs $802.3M），纽约时报公司净利率更高（16.2% vs -22.3%，领先38.5%），罗布乐思同比增速更快（43.2% vs 10.4%），罗布乐思自由现金流更多（$308.6M vs $157.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs 16.2%）
纽约时报公司是美国知名大众传媒企业，总部位于纽约市曼哈顿的纽约时报大厦，旗下核心出版产品包括《纽约时报》及其国际版等系列刊物，同时运营多元媒体资产，在全球新闻传媒领域拥有较高知名度。
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。
NYT vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.8倍
$802.3M
营收增速更快
RBLX
高出32.8%
10.4%
净利率更高
NYT
高出38.5%
-22.3%
自由现金流更多
RBLX
多$151.0M
$157.6M
两年增速更快
RBLX
近两年复合增速
16.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $802.3M | $1.4B |
| 净利润 | $129.8M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 20.1% | -25.3% |
| 净利率 | 16.2% | -22.3% |
| 营收同比 | 10.4% | 43.2% |
| 净利润同比 | 4.9% | -43.9% |
| 每股收益（稀释后） | $0.79 | $-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NYTRBLX
| Q4 25 | $802.3M | $1.4B | ||
| Q3 25 | $700.8M | $1.4B | ||
| Q2 25 | $685.9M | $1.1B | ||
| Q1 25 | $635.9M | $1.0B | ||
| Q4 24 | $726.6M | $988.2M | ||
| Q3 24 | $640.2M | $919.0M | ||
| Q2 24 | $625.1M | $893.5M | ||
| Q1 24 | $594.0M | $801.3M |
净利润NYTRBLX
| Q4 25 | $129.8M | $-316.0M | ||
| Q3 25 | $81.6M | $-255.6M | ||
| Q2 25 | $82.9M | $-278.4M | ||
| Q1 25 | $49.6M | $-215.1M | ||
| Q4 24 | $123.7M | $-219.6M | ||
| Q3 24 | $64.1M | $-239.3M | ||
| Q2 24 | $65.5M | $-205.9M | ||
| Q1 24 | $40.4M | $-270.6M |
毛利率NYTRBLX
| 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NYTRBLX
| Q4 25 | 20.1% | -25.3% | ||
| Q3 25 | 15.0% | -21.8% | ||
| Q2 25 | 15.5% | -29.8% | ||
| Q1 25 | 9.2% | -24.6% | ||
| Q4 24 | 20.2% | -24.7% | ||
| Q3 24 | 12.0% | -30.4% | ||
| Q2 24 | 12.7% | -26.6% | ||
| Q1 24 | 8.1% | -37.7% |
净利率NYTRBLX
| Q4 25 | 16.2% | -22.3% | ||
| Q3 25 | 11.7% | -18.8% | ||
| Q2 25 | 12.1% | -25.8% | ||
| Q1 25 | 7.8% | -20.8% | ||
| Q4 24 | 17.0% | -22.2% | ||
| Q3 24 | 10.0% | -26.0% | ||
| Q2 24 | 10.5% | -23.0% | ||
| Q1 24 | 6.8% | -33.8% |
每股收益（稀释后）NYTRBLX
| Q4 25 | $0.79 | $-0.44 | ||
| Q3 25 | $0.50 | $-0.37 | ||
| Q2 25 | $0.50 | $-0.41 | ||
| Q1 25 | $0.30 | $-0.32 | ||
| Q4 24 | $0.74 | $-0.32 | ||
| Q3 24 | $0.39 | $-0.37 | ||
| Q2 24 | $0.40 | $-0.32 | ||
| Q1 24 | $0.24 | $-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 | $642.2M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $2.0B | $394.5M |
| 总资产 | $3.0B | $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NYTRBLX
| Q4 25 | $642.2M | $3.1B | ||
| Q3 25 | $617.4M | $2.9B | ||
| Q2 25 | $540.2M | $2.6B | ||
| Q1 25 | $522.1M | $2.7B | ||
| Q4 24 | $565.9M | $2.4B | ||
| Q3 24 | $492.9M | $2.3B | ||
| Q2 24 | $411.4M | $2.4B | ||
| Q1 24 | $379.1M | $2.4B |
总债务NYTRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NYTRBLX
| Q4 25 | $2.0B | $394.5M | ||
| Q3 25 | $2.0B | $407.6M | ||
| Q2 25 | $1.9B | $353.2M | ||
| Q1 25 | $1.9B | $310.7M | ||
| Q4 24 | $1.9B | $221.4M | ||
| Q3 24 | $1.9B | $189.9M | ||
| Q2 24 | $1.8B | $121.5M | ||
| Q1 24 | $1.7B | $71.6M |
总资产NYTRBLX
| Q4 25 | $3.0B | $9.6B | ||
| Q3 25 | $2.9B | $8.6B | ||
| Q2 25 | $2.8B | $7.8B | ||
| Q1 25 | $2.7B | $7.5B | ||
| Q4 24 | $2.8B | $7.2B | ||
| Q3 24 | $2.8B | $6.7B | ||
| Q2 24 | $2.7B | $6.5B | ||
| Q1 24 | $2.6B | $6.3B |
负债/权益比NYTRBLX
| 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 | $164.2M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $157.6M | $308.6M |
| 自由现金流率自由现金流/营收 | 19.6% | 21.8% |
| 资本支出强度资本支出/营收 | 0.8% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.26× | — |
| 过去12个月自由现金流最近4个季度 | $550.5M | $1.4B |
8季度趋势，按日历期对齐
经营现金流NYTRBLX
| Q4 25 | $164.2M | $607.0M | ||
| Q3 25 | $207.6M | $546.2M | ||
| Q2 25 | $113.6M | $199.3M | ||
| Q1 25 | $99.1M | $443.9M | ||
| Q4 24 | $151.7M | $184.5M | ||
| Q3 24 | $125.5M | $247.4M | ||
| Q2 24 | $80.2M | $151.4M | ||
| Q1 24 | $53.1M | $238.9M |
自由现金流NYTRBLX
| Q4 25 | $157.6M | $308.6M | ||
| Q3 25 | $199.7M | $443.6M | ||
| Q2 25 | $103.3M | $176.7M | ||
| Q1 25 | $89.9M | $426.5M | ||
| Q4 24 | $143.6M | $120.6M | ||
| Q3 24 | $118.4M | $218.0M | ||
| Q2 24 | $72.6M | $111.7M | ||
| Q1 24 | $46.7M | $192.3M |
自由现金流率NYTRBLX
| Q4 25 | 19.6% | 21.8% | ||
| Q3 25 | 28.5% | 32.6% | ||
| Q2 25 | 15.1% | 16.3% | ||
| Q1 25 | 14.1% | 41.2% | ||
| Q4 24 | 19.8% | 12.2% | ||
| Q3 24 | 18.5% | 23.7% | ||
| Q2 24 | 11.6% | 12.5% | ||
| Q1 24 | 7.9% | 24.0% |
资本支出强度NYTRBLX
| Q4 25 | 0.8% | 21.1% | ||
| Q3 25 | 1.1% | 7.5% | ||
| Q2 25 | 1.5% | 2.1% | ||
| Q1 25 | 1.5% | 1.7% | ||
| Q4 24 | 1.1% | 6.5% | ||
| Q3 24 | 1.1% | 3.2% | ||
| Q2 24 | 1.2% | 4.4% | ||
| Q1 24 | 1.1% | 5.8% |
现金转化率NYTRBLX
| Q4 25 | 1.26× | — | ||
| Q3 25 | 2.54× | — | ||
| Q2 25 | 1.37× | — | ||
| Q1 25 | 2.00× | — | ||
| Q4 24 | 1.23× | — | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 1.22× | — | ||
| Q1 24 | 1.31× | — |
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
NYT
| Subscription | $510.5M | 64% |
| Advertising | $191.7M | 24% |
| Affiliate Licensing And Other Products And Services | $100.2M | 12% |
RBLX
暂无分部数据
