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OneWater Marine Inc.（ONEW）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是OneWater Marine Inc.的1.9倍（$725.6M vs $380.6M），Reddit, Inc.净利率更高（34.7% vs -2.0%，领先36.7%），Reddit, Inc.同比增速更快（69.7% vs 1.3%），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -16.2%）
OneWater Marine Inc.是美国头部休闲船舶零售企业，主营全新及二手船只、游艇、船舶零配件销售，同时提供船只维修保养、配套融资等服务，通过覆盖北美多州的经销商网络服务个人及商业休闲船艇客户。
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。
ONEW vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.9倍
$380.6M
营收增速更快
RDDT
高出68.4%
1.3%
净利率更高
RDDT
高出36.7%
-2.0%
两年增速更快
RDDT
近两年复合增速
-16.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $380.6M | $725.6M |
| 净利润 | $-7.7M | $251.6M |
| 毛利率 | 23.5% | 91.9% |
| 营业利润率 | — | 31.9% |
| 净利率 | -2.0% | 34.7% |
| 营收同比 | 1.3% | 69.7% |
| 净利润同比 | — | 254.2% |
| 每股收益（稀释后） | $-0.47 | $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ONEWRDDT
| Q1 26 | $380.6M | — | ||
| Q4 25 | $380.6M | $725.6M | ||
| Q3 25 | $460.1M | $584.9M | ||
| Q2 25 | $552.9M | $499.6M | ||
| Q1 25 | $483.5M | $392.4M | ||
| Q4 24 | $375.8M | $427.7M | ||
| Q3 24 | $377.9M | $348.4M | ||
| Q2 24 | $542.4M | $281.2M |
净利润ONEWRDDT
| Q1 26 | $-7.7M | — | ||
| Q4 25 | $-7.7M | $251.6M | ||
| Q3 25 | $-113.0M | $162.7M | ||
| Q2 25 | $10.7M | $89.3M | ||
| Q1 25 | $-368.0K | $26.2M | ||
| Q4 24 | $-12.0M | $71.0M | ||
| Q3 24 | $-9.2M | $29.9M | ||
| Q2 24 | $14.7M | $-10.1M |
毛利率ONEWRDDT
| Q1 26 | 23.5% | — | ||
| Q4 25 | 23.5% | 91.9% | ||
| Q3 25 | 22.6% | 91.0% | ||
| Q2 25 | 23.3% | 90.8% | ||
| Q1 25 | 22.8% | 90.5% | ||
| Q4 24 | 22.4% | 92.6% | ||
| Q3 24 | 24.0% | 90.1% | ||
| Q2 24 | 24.4% | 89.5% |
营业利润率ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | 31.9% | ||
| Q3 25 | -28.3% | 23.7% | ||
| Q2 25 | 5.5% | 13.6% | ||
| Q1 25 | 3.4% | 1.0% | ||
| Q4 24 | -0.5% | 12.4% | ||
| Q3 24 | 1.2% | 2.0% | ||
| Q2 24 | 7.4% | -11.0% |
净利率ONEWRDDT
| Q1 26 | -2.0% | — | ||
| Q4 25 | -2.0% | 34.7% | ||
| Q3 25 | -24.5% | 27.8% | ||
| Q2 25 | 1.9% | 17.9% | ||
| Q1 25 | -0.1% | 6.7% | ||
| Q4 24 | -3.2% | 16.6% | ||
| Q3 24 | -2.4% | 8.6% | ||
| Q2 24 | 2.7% | -3.6% |
每股收益（稀释后）ONEWRDDT
| Q1 26 | $-0.47 | — | ||
| Q4 25 | — | $1.24 | ||
| Q3 25 | — | $0.80 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $4.76 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | — | $-0.06 |
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 | — | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $277.5M | $2.9B |
| 总资产 | $1.4B | $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ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | $953.6M | ||
| Q3 25 | — | $911.7M | ||
| Q2 25 | — | $734.1M | ||
| Q1 25 | — | $635.7M | ||
| Q4 24 | — | $562.1M | ||
| Q3 24 | — | $515.9M | ||
| Q2 24 | — | $468.0M |
股东权益ONEWRDDT
| Q1 26 | $277.5M | — | ||
| Q4 25 | $277.5M | $2.9B | ||
| Q3 25 | $285.0M | $2.6B | ||
| Q2 25 | $393.2M | $2.4B | ||
| Q1 25 | $381.6M | $2.2B | ||
| Q4 24 | $354.8M | $2.1B | ||
| Q3 24 | $360.8M | $2.0B | ||
| Q2 24 | $368.6M | $1.9B |
总资产ONEWRDDT
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $3.2B | ||
| Q3 25 | $1.4B | $2.9B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.6B | $2.4B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.6B | $2.1B |
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 | — | $266.8M |
| 自由现金流经营现金流 - 资本支出 | — | $263.6M |
| 自由现金流率自由现金流/营收 | — | 36.3% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | — | $684.2M |
8季度趋势，按日历期对齐
经营现金流ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | $-76.3M | $266.8M | ||
| Q3 25 | $9.9M | $185.2M | ||
| Q2 25 | $90.8M | $111.3M | ||
| Q1 25 | $28.5M | $127.6M | ||
| Q4 24 | $-37.4M | $90.0M | ||
| Q3 24 | $27.3M | $71.6M | ||
| Q2 24 | $93.8M | $28.4M |
自由现金流ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | $-78.2M | $263.6M | ||
| Q3 25 | $7.2M | $183.1M | ||
| Q2 25 | $88.9M | $110.8M | ||
| Q1 25 | $23.7M | $126.6M | ||
| Q4 24 | $-40.0M | $89.2M | ||
| Q3 24 | $23.2M | $70.3M | ||
| Q2 24 | $86.9M | $27.2M |
自由现金流率ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | -20.6% | 36.3% | ||
| Q3 25 | 1.6% | 31.3% | ||
| Q2 25 | 16.1% | 22.2% | ||
| Q1 25 | 4.9% | 32.3% | ||
| Q4 24 | -10.7% | 20.8% | ||
| Q3 24 | 6.1% | 20.2% | ||
| Q2 24 | 16.0% | 9.7% |
资本支出强度ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.4% | ||
| Q3 25 | 0.6% | 0.4% | ||
| Q2 25 | 0.4% | 0.1% | ||
| Q1 25 | 1.0% | 0.2% | ||
| Q4 24 | 0.7% | 0.2% | ||
| Q3 24 | 1.1% | 0.4% | ||
| Q2 24 | 1.3% | 0.4% |
现金转化率ONEWRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | 8.47× | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| Q2 24 | 6.39× | — |
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
ONEW
| New boat | $233.3M | 61% |
| Pre-owned boat | $70.4M | 19% |
| Service, parts & other | $68.0M | 18% |
| Finance & insurance income | $8.9M | 2% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
