vs
欧加隆（OGN）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
欧加隆的季度营收约是罗布乐思的1.1倍（$1.5B vs $1.4B），欧加隆净利率更高（-13.6% vs -22.3%，领先8.7%），罗布乐思同比增速更快（43.2% vs -5.3%），罗布乐思自由现金流更多（$308.6M vs $96.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs -3.6%）
欧加隆是一家总部位于美国新泽西州泽西城的制药企业，核心业务覆盖生殖医学、避孕、精神科、激素替代疗法及麻醉领域的药物研发与生产。公司所有产品均在美国境外生产，同时美国市场贡献了其三分之一的营收。
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。
OGN vs RBLX — 直观对比
营收规模更大
OGN
是对方的1.1倍
$1.4B
营收增速更快
RBLX
高出48.5%
-5.3%
净利率更高
OGN
高出8.7%
-22.3%
自由现金流更多
RBLX
多$212.6M
$96.0M
两年增速更快
RBLX
近两年复合增速
-3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $-205.0M | $-316.0M |
| 毛利率 | 49.2% | 77.7% |
| 营业利润率 | -9.8% | -25.3% |
| 净利率 | -13.6% | -22.3% |
| 营收同比 | -5.3% | 43.2% |
| 净利润同比 | -288.1% | -43.9% |
| 每股收益（稀释后） | $-0.78 | $-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OGNRBLX
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.6B | $988.2M | ||
| Q3 24 | $1.6B | $919.0M | ||
| Q2 24 | $1.6B | $893.5M | ||
| Q1 24 | $1.6B | $801.3M |
净利润OGNRBLX
| Q4 25 | $-205.0M | $-316.0M | ||
| Q3 25 | $160.0M | $-255.6M | ||
| Q2 25 | $145.0M | $-278.4M | ||
| Q1 25 | $87.0M | $-215.1M | ||
| Q4 24 | $109.0M | $-219.6M | ||
| Q3 24 | $359.0M | $-239.3M | ||
| Q2 24 | $195.0M | $-205.9M | ||
| Q1 24 | $201.0M | $-270.6M |
毛利率OGNRBLX
| Q4 25 | 49.2% | 77.7% | ||
| Q3 25 | 53.5% | 78.2% | ||
| Q2 25 | 54.8% | 78.2% | ||
| Q1 25 | 55.6% | 78.3% | ||
| Q4 24 | 56.3% | 77.9% | ||
| Q3 24 | 58.3% | 77.7% | ||
| Q2 24 | 58.4% | 77.8% | ||
| Q1 24 | 59.0% | 77.7% |
营业利润率OGNRBLX
| Q4 25 | -9.8% | -25.3% | ||
| Q3 25 | 15.2% | -21.8% | ||
| Q2 25 | 14.4% | -29.8% | ||
| Q1 25 | 6.7% | -24.6% | ||
| Q4 24 | 8.1% | -24.7% | ||
| Q3 24 | 13.1% | -30.4% | ||
| Q2 24 | 14.6% | -26.6% | ||
| Q1 24 | 14.5% | -37.7% |
净利率OGNRBLX
| Q4 25 | -13.6% | -22.3% | ||
| Q3 25 | 10.0% | -18.8% | ||
| Q2 25 | 9.1% | -25.8% | ||
| Q1 25 | 5.8% | -20.8% | ||
| Q4 24 | 6.8% | -22.2% | ||
| Q3 24 | 22.7% | -26.0% | ||
| Q2 24 | 12.1% | -23.0% | ||
| Q1 24 | 12.4% | -33.8% |
每股收益（稀释后）OGNRBLX
| Q4 25 | $-0.78 | $-0.44 | ||
| Q3 25 | $0.61 | $-0.37 | ||
| Q2 25 | $0.56 | $-0.41 | ||
| Q1 25 | $0.33 | $-0.32 | ||
| Q4 24 | $0.42 | $-0.32 | ||
| Q3 24 | $1.38 | $-0.37 | ||
| Q2 24 | $0.75 | $-0.32 | ||
| Q1 24 | $0.78 | $-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 | $574.0M | $3.1B |
| 总债务越低越好 | $8.6B | $1.2B |
| 股东权益账面价值 | $752.0M | $394.5M |
| 总资产 | $12.9B | $9.6B |
| 负债/权益比越低杠杆越低 | 11.49× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资OGNRBLX
| Q4 25 | $574.0M | $3.1B | ||
| Q3 25 | $672.0M | $2.9B | ||
| Q2 25 | $599.0M | $2.6B | ||
| Q1 25 | $547.0M | $2.7B | ||
| Q4 24 | $675.0M | $2.4B | ||
| Q3 24 | $763.0M | $2.3B | ||
| Q2 24 | $704.0M | $2.4B | ||
| Q1 24 | $575.0M | $2.4B |
总债务OGNRBLX
| Q4 25 | $8.6B | $1.2B | ||
| Q3 25 | $8.8B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $9.0B | — | ||
| Q4 24 | $8.9B | $1.2B | ||
| Q3 24 | $8.7B | — | ||
| Q2 24 | $8.7B | — | ||
| Q1 24 | $8.7B | — |
股东权益OGNRBLX
| Q4 25 | $752.0M | $394.5M | ||
| Q3 25 | $906.0M | $407.6M | ||
| Q2 25 | $733.0M | $353.2M | ||
| Q1 25 | $542.0M | $310.7M | ||
| Q4 24 | $472.0M | $221.4M | ||
| Q3 24 | $493.0M | $189.9M | ||
| Q2 24 | $144.0M | $121.5M | ||
| Q1 24 | $48.0M | $71.6M |
总资产OGNRBLX
| Q4 25 | $12.9B | $9.6B | ||
| Q3 25 | $13.6B | $8.6B | ||
| Q2 25 | $13.5B | $7.8B | ||
| Q1 25 | $13.2B | $7.5B | ||
| Q4 24 | $13.1B | $7.2B | ||
| Q3 24 | $12.8B | $6.7B | ||
| Q2 24 | $12.2B | $6.5B | ||
| Q1 24 | $11.9B | $6.3B |
负债/权益比OGNRBLX
| Q4 25 | 11.49× | 2.98× | ||
| Q3 25 | 9.74× | — | ||
| Q2 25 | 12.14× | — | ||
| Q1 25 | 16.52× | — | ||
| Q4 24 | 18.81× | 5.48× | ||
| Q3 24 | 17.75× | — | ||
| Q2 24 | 60.11× | — | ||
| Q1 24 | 181.54× | — |
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 | $141.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $96.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 6.4% | 21.8% |
| 资本支出强度资本支出/营收 | 3.0% | 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 | $538.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流OGNRBLX
| Q4 25 | $141.0M | $607.0M | ||
| Q3 25 | $264.0M | $546.2M | ||
| Q2 25 | $220.0M | $199.3M | ||
| Q1 25 | $75.0M | $443.9M | ||
| Q4 24 | $390.0M | $184.5M | ||
| Q3 24 | $141.0M | $247.4M | ||
| Q2 24 | $332.0M | $151.4M | ||
| Q1 24 | $76.0M | $238.9M |
自由现金流OGNRBLX
| Q4 25 | $96.0M | $308.6M | ||
| Q3 25 | $218.0M | $443.6M | ||
| Q2 25 | $181.0M | $176.7M | ||
| Q1 25 | $43.0M | $426.5M | ||
| Q4 24 | $335.0M | $120.6M | ||
| Q3 24 | $99.0M | $218.0M | ||
| Q2 24 | $300.0M | $111.7M | ||
| Q1 24 | $30.0M | $192.3M |
自由现金流率OGNRBLX
| Q4 25 | 6.4% | 21.8% | ||
| Q3 25 | 13.6% | 32.6% | ||
| Q2 25 | 11.4% | 16.3% | ||
| Q1 25 | 2.8% | 41.2% | ||
| Q4 24 | 21.0% | 12.2% | ||
| Q3 24 | 6.3% | 23.7% | ||
| Q2 24 | 18.7% | 12.5% | ||
| Q1 24 | 1.8% | 24.0% |
资本支出强度OGNRBLX
| Q4 25 | 3.0% | 21.1% | ||
| Q3 25 | 2.9% | 7.5% | ||
| Q2 25 | 2.4% | 2.1% | ||
| Q1 25 | 2.1% | 1.7% | ||
| Q4 24 | 3.5% | 6.5% | ||
| Q3 24 | 2.7% | 3.2% | ||
| Q2 24 | 2.0% | 4.4% | ||
| Q1 24 | 2.8% | 5.8% |
现金转化率OGNRBLX
| Q4 25 | — | — | ||
| Q3 25 | 1.65× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 3.58× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 1.70× | — | ||
| Q1 24 | 0.38× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
