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纽约时报公司（NYT）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
纽约时报公司的季度营收约是Reddit, Inc.的1.1倍（$802.3M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 16.2%，领先18.5%），Reddit, Inc.同比增速更快（69.7% vs 10.4%），Reddit, Inc.自由现金流更多（$263.6M vs $157.6M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
NYT vs RDDT — 直观对比
营收规模更大
NYT
是对方的1.1倍
$725.6M
营收增速更快
RDDT
高出59.2%
10.4%
净利率更高
RDDT
高出18.5%
16.2%
自由现金流更多
RDDT
多$106.0M
$157.6M
两年增速更快
RDDT
近两年复合增速
16.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $802.3M | $725.6M |
| 净利润 | $129.8M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | 20.1% | 31.9% |
| 净利率 | 16.2% | 34.7% |
| 营收同比 | 10.4% | 69.7% |
| 净利润同比 | 4.9% | 254.2% |
| 每股收益（稀释后） | $0.79 | $1.24 |
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NYTRDDT
| Q4 25 | $802.3M | $725.6M | ||
| Q3 25 | $700.8M | $584.9M | ||
| Q2 25 | $685.9M | $499.6M | ||
| Q1 25 | $635.9M | $392.4M | ||
| Q4 24 | $726.6M | $427.7M | ||
| Q3 24 | $640.2M | $348.4M | ||
| Q2 24 | $625.1M | $281.2M | ||
| Q1 24 | $594.0M | $243.0M |
净利润NYTRDDT
| Q4 25 | $129.8M | $251.6M | ||
| Q3 25 | $81.6M | $162.7M | ||
| Q2 25 | $82.9M | $89.3M | ||
| Q1 25 | $49.6M | $26.2M | ||
| Q4 24 | $123.7M | $71.0M | ||
| Q3 24 | $64.1M | $29.9M | ||
| Q2 24 | $65.5M | $-10.1M | ||
| Q1 24 | $40.4M | $-575.1M |
毛利率NYTRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率NYTRDDT
| Q4 25 | 20.1% | 31.9% | ||
| Q3 25 | 15.0% | 23.7% | ||
| Q2 25 | 15.5% | 13.6% | ||
| Q1 25 | 9.2% | 1.0% | ||
| Q4 24 | 20.2% | 12.4% | ||
| Q3 24 | 12.0% | 2.0% | ||
| Q2 24 | 12.7% | -11.0% | ||
| Q1 24 | 8.1% | -242.5% |
净利率NYTRDDT
| Q4 25 | 16.2% | 34.7% | ||
| Q3 25 | 11.7% | 27.8% | ||
| Q2 25 | 12.1% | 17.9% | ||
| Q1 25 | 7.8% | 6.7% | ||
| Q4 24 | 17.0% | 16.6% | ||
| Q3 24 | 10.0% | 8.6% | ||
| Q2 24 | 10.5% | -3.6% | ||
| Q1 24 | 6.8% | -236.7% |
每股收益（稀释后）NYTRDDT
| Q4 25 | $0.79 | $1.24 | ||
| Q3 25 | $0.50 | $0.80 | ||
| Q2 25 | $0.50 | $0.45 | ||
| Q1 25 | $0.30 | $0.13 | ||
| Q4 24 | $0.74 | $4.76 | ||
| Q3 24 | $0.39 | $0.16 | ||
| Q2 24 | $0.40 | $-0.06 | ||
| Q1 24 | $0.24 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $2.9B |
| 总资产 | $3.0B | $3.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NYTRDDT
| Q4 25 | $642.2M | $953.6M | ||
| Q3 25 | $617.4M | $911.7M | ||
| Q2 25 | $540.2M | $734.1M | ||
| Q1 25 | $522.1M | $635.7M | ||
| Q4 24 | $565.9M | $562.1M | ||
| Q3 24 | $492.9M | $515.9M | ||
| Q2 24 | $411.4M | $468.0M | ||
| Q1 24 | $379.1M | $968.5M |
股东权益NYTRDDT
| Q4 25 | $2.0B | $2.9B | ||
| Q3 25 | $2.0B | $2.6B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $1.9B | $2.2B | ||
| Q4 24 | $1.9B | $2.1B | ||
| Q3 24 | $1.9B | $2.0B | ||
| Q2 24 | $1.8B | $1.9B | ||
| Q1 24 | $1.7B | $1.8B |
总资产NYTRDDT
| Q4 25 | $3.0B | $3.2B | ||
| Q3 25 | $2.9B | $2.9B | ||
| Q2 25 | $2.8B | $2.6B | ||
| Q1 25 | $2.7B | $2.4B | ||
| Q4 24 | $2.8B | $2.3B | ||
| Q3 24 | $2.8B | $2.2B | ||
| Q2 24 | $2.7B | $2.1B | ||
| Q1 24 | $2.6B | $2.0B |
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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $157.6M | $263.6M |
| 自由现金流率自由现金流/营收 | 19.6% | 36.3% |
| 资本支出强度资本支出/营收 | 0.8% | 0.4% |
| 现金转化率经营现金流/净利润 | 1.26× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $550.5M | $684.2M |
8季度趋势，按日历期对齐
经营现金流NYTRDDT
| Q4 25 | $164.2M | $266.8M | ||
| Q3 25 | $207.6M | $185.2M | ||
| Q2 25 | $113.6M | $111.3M | ||
| Q1 25 | $99.1M | $127.6M | ||
| Q4 24 | $151.7M | $90.0M | ||
| Q3 24 | $125.5M | $71.6M | ||
| Q2 24 | $80.2M | $28.4M | ||
| Q1 24 | $53.1M | $32.1M |
自由现金流NYTRDDT
| Q4 25 | $157.6M | $263.6M | ||
| Q3 25 | $199.7M | $183.1M | ||
| Q2 25 | $103.3M | $110.8M | ||
| Q1 25 | $89.9M | $126.6M | ||
| Q4 24 | $143.6M | $89.2M | ||
| Q3 24 | $118.4M | $70.3M | ||
| Q2 24 | $72.6M | $27.2M | ||
| Q1 24 | $46.7M | $29.2M |
自由现金流率NYTRDDT
| Q4 25 | 19.6% | 36.3% | ||
| Q3 25 | 28.5% | 31.3% | ||
| Q2 25 | 15.1% | 22.2% | ||
| Q1 25 | 14.1% | 32.3% | ||
| Q4 24 | 19.8% | 20.8% | ||
| Q3 24 | 18.5% | 20.2% | ||
| Q2 24 | 11.6% | 9.7% | ||
| Q1 24 | 7.9% | 12.0% |
资本支出强度NYTRDDT
| Q4 25 | 0.8% | 0.4% | ||
| Q3 25 | 1.1% | 0.4% | ||
| Q2 25 | 1.5% | 0.1% | ||
| Q1 25 | 1.5% | 0.2% | ||
| Q4 24 | 1.1% | 0.2% | ||
| Q3 24 | 1.1% | 0.4% | ||
| Q2 24 | 1.2% | 0.4% | ||
| Q1 24 | 1.1% | 1.2% |
现金转化率NYTRDDT
| Q4 25 | 1.26× | 1.06× | ||
| Q3 25 | 2.54× | 1.14× | ||
| Q2 25 | 1.37× | 1.25× | ||
| Q1 25 | 2.00× | 4.88× | ||
| Q4 24 | 1.23× | 1.27× | ||
| Q3 24 | 1.96× | 2.40× | ||
| 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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
