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Penguin Solutions, Inc.（PENG）与PELOTON INTERACTIVE, INC.（PTON）财务数据对比。点击上方公司名可切换其他公司
PELOTON INTERACTIVE, INC.的季度营收约是Penguin Solutions, Inc.的1.9倍（$656.5M vs $343.1M），Penguin Solutions, Inc.净利率更高（1.5% vs -5.9%，领先7.4%），Penguin Solutions, Inc.同比增速更快（0.6% vs -2.6%），PELOTON INTERACTIVE, INC.自由现金流更多（$71.0M vs $28.2M）
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
派乐腾（Peloton Interactive）是总部位于美国纽约的健身设备与媒体服务商，主打搭载联网触控屏的动感单车、跑步机、室内划船器等产品，用户付费订阅即可观看直播和录播健身课程，设备内置传感器可追踪运动功率等数据，为用户提供实时运动表现反馈，还支持排行榜功能与其他用户互动比拼。
PENG vs PTON — 直观对比
营收规模更大
PTON
是对方的1.9倍
$343.1M
营收增速更快
PENG
高出3.2%
-2.6%
净利率更高
PENG
高出7.4%
-5.9%
自由现金流更多
PTON
多$42.8M
$28.2M
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $343.1M | $656.5M |
| 净利润 | $5.3M | $-38.8M |
| 毛利率 | 28.0% | 50.5% |
| 营业利润率 | 5.7% | -2.2% |
| 净利率 | 1.5% | -5.9% |
| 营收同比 | 0.6% | -2.6% |
| 净利润同比 | 1.0% | 57.8% |
| 每股收益（稀释后） | $0.04 | $-0.09 |
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PENGPTON
| Q4 25 | $343.1M | $656.5M | ||
| Q3 25 | $337.9M | $550.8M | ||
| Q2 25 | $324.3M | — | ||
| Q1 25 | $365.5M | — | ||
| Q4 24 | $341.1M | — | ||
| Q3 24 | $284.8M | — | ||
| Q2 24 | $300.6M | — | ||
| Q4 23 | $274.2M | — |
净利润PENGPTON
| Q4 25 | $5.3M | $-38.8M | ||
| Q3 25 | $9.4M | $13.9M | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $8.1M | — | ||
| Q4 24 | $5.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $5.6M | — | ||
| Q4 23 | $-19.9M | — |
毛利率PENGPTON
| Q4 25 | 28.0% | 50.5% | ||
| Q3 25 | 28.6% | 51.5% | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 28.7% | — | ||
| Q3 24 | 28.8% | — | ||
| Q2 24 | 29.6% | — | ||
| Q4 23 | 30.2% | — |
营业利润率PENGPTON
| Q4 25 | 5.7% | -2.2% | ||
| Q3 25 | 3.7% | 7.5% | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | -1.2% | — | ||
| Q2 24 | 3.8% | — | ||
| Q4 23 | 0.5% | — |
净利率PENGPTON
| Q4 25 | 1.5% | -5.9% | ||
| Q3 25 | 2.8% | 2.5% | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.9% | — | ||
| Q4 23 | -7.3% | — |
每股收益（稀释后）PENGPTON
| Q4 25 | $0.04 | $-0.09 | ||
| Q3 25 | $0.10 | $0.03 | ||
| Q2 25 | $-0.01 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.10 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $0.10 | — | ||
| Q4 23 | $-0.38 | — |
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 | $461.5M | $1.2B |
| 总债务越低越好 | $462.3M | $1.5B |
| 股东权益账面价值 | $389.7M | $-326.7M |
| 总资产 | $1.6B | $2.2B |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资PENGPTON
| Q4 25 | $461.5M | $1.2B | ||
| Q3 25 | $453.8M | $1.1B | ||
| Q2 25 | $735.5M | — | ||
| Q1 25 | $647.0M | — | ||
| Q4 24 | $393.7M | — | ||
| Q3 24 | $389.5M | — | ||
| Q2 24 | $467.5M | — | ||
| Q4 23 | $553.4M | — |
总债务PENGPTON
| Q4 25 | $462.3M | $1.5B | ||
| Q3 25 | $461.8M | $1.5B | ||
| Q2 25 | $659.5M | — | ||
| Q1 25 | $658.8M | — | ||
| Q4 24 | $658.1M | — | ||
| Q3 24 | $657.3M | — | ||
| Q2 24 | $667.0M | — | ||
| Q4 23 | $776.8M | — |
股东权益PENGPTON
| Q4 25 | $389.7M | $-326.7M | ||
| Q3 25 | $394.2M | $-347.0M | ||
| Q2 25 | $584.8M | — | ||
| Q1 25 | $602.5M | — | ||
| Q4 24 | $400.4M | — | ||
| Q3 24 | $391.4M | — | ||
| Q2 24 | $423.4M | — | ||
| Q4 23 | $410.2M | — |
总资产PENGPTON
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.6B | $2.2B | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q4 23 | $1.6B | — |
负债/权益比PENGPTON
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 1.09× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 1.58× | — | ||
| Q4 23 | 1.89× | — |
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 | $31.1M | $71.9M |
| 自由现金流经营现金流 - 资本支出 | $28.2M | $71.0M |
| 自由现金流率自由现金流/营收 | 8.2% | 10.8% |
| 资本支出强度资本支出/营收 | 0.8% | 0.1% |
| 现金转化率经营现金流/净利润 | 5.89× | — |
| 过去12个月自由现金流最近4个季度 | $116.3M | — |
8季度趋势，按日历期对齐
经营现金流PENGPTON
| Q4 25 | $31.1M | $71.9M | ||
| Q3 25 | $-70.4M | $71.9M | ||
| Q2 25 | $92.8M | — | ||
| Q1 25 | $72.9M | — | ||
| Q4 24 | $13.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $57.9M | — | ||
| Q4 23 | $31.5M | — |
自由现金流PENGPTON
| Q4 25 | $28.2M | $71.0M | ||
| Q3 25 | $-73.4M | $67.4M | ||
| Q2 25 | $90.9M | — | ||
| Q1 25 | $70.5M | — | ||
| Q4 24 | $12.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $48.9M | — | ||
| Q4 23 | $26.8M | — |
自由现金流率PENGPTON
| Q4 25 | 8.2% | 10.8% | ||
| Q3 25 | -21.7% | 12.2% | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 19.3% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 16.3% | — | ||
| Q4 23 | 9.8% | — |
资本支出强度PENGPTON
| Q4 25 | 0.8% | 0.1% | ||
| Q3 25 | 0.9% | 0.8% | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.0% | — | ||
| Q4 23 | 1.7% | — |
现金转化率PENGPTON
| Q4 25 | 5.89× | — | ||
| Q3 25 | -7.47× | 5.17× | ||
| Q2 25 | 34.88× | — | ||
| Q1 25 | 9.02× | — | ||
| Q4 24 | 2.65× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 10.30× | — | ||
| Q4 23 | — | — |
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
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
PTON
| Subscription And Circulation | $412.6M | 63% |
| Connected Fitness Products Segment | $243.9M | 37% |
| Product Warranty | $4.0M | 1% |
