vs
Dave & Buster's Entertainment, Inc.（PLAY）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是Dave & Buster's Entertainment, Inc.的1.4倍（$622.0M vs $448.2M），Royalty Pharma plc净利率更高（34.4% vs -9.4%，领先43.8%），Royalty Pharma plc同比增速更快（4.8% vs -1.1%），过去两年Royalty Pharma plc的营收复合增速更高（4.6% vs -13.5%）
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
PLAY vs RPRX — 直观对比
营收规模更大
RPRX
是对方的1.4倍
$448.2M
营收增速更快
RPRX
高出5.8%
-1.1%
净利率更高
RPRX
高出43.8%
-9.4%
两年增速更快
RPRX
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $448.2M | $622.0M |
| 净利润 | $-42.1M | $214.2M |
| 毛利率 | 85.8% | — |
| 营业利润率 | -3.6% | 62.4% |
| 净利率 | -9.4% | 34.4% |
| 营收同比 | -1.1% | 4.8% |
| 净利润同比 | -28.7% | 2.9% |
| 每股收益（稀释后） | $-1.22 | $0.49 |
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PLAYRPRX
| Q4 25 | $448.2M | $622.0M | ||
| Q3 25 | $557.4M | $609.3M | ||
| Q2 25 | $567.7M | $578.7M | ||
| Q1 25 | $534.5M | $568.2M | ||
| Q4 24 | $453.0M | $593.6M | ||
| Q3 24 | $557.1M | $564.7M | ||
| Q2 24 | $588.1M | $537.3M | ||
| Q1 24 | $599.0M | $568.0M |
净利润PLAYRPRX
| Q4 25 | $-42.1M | $214.2M | ||
| Q3 25 | $11.4M | $288.2M | ||
| Q2 25 | $21.7M | $30.2M | ||
| Q1 25 | $9.3M | $238.3M | ||
| Q4 24 | $-32.7M | $208.2M | ||
| Q3 24 | $40.3M | $544.0M | ||
| Q2 24 | $41.4M | $102.0M | ||
| Q1 24 | $36.1M | $4.8M |
毛利率PLAYRPRX
| Q4 25 | 85.8% | — | ||
| Q3 25 | 86.3% | — | ||
| Q2 25 | 85.5% | — | ||
| Q1 25 | 85.5% | — | ||
| Q4 24 | 85.0% | — | ||
| Q3 24 | 85.3% | — | ||
| Q2 24 | 85.2% | — | ||
| Q1 24 | 84.1% | — |
营业利润率PLAYRPRX
| Q4 25 | -3.6% | 62.4% | ||
| Q3 25 | 9.5% | 70.1% | ||
| Q2 25 | 11.1% | 36.3% | ||
| Q1 25 | 8.3% | 94.0% | ||
| Q4 24 | 1.4% | 60.9% | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 14.5% | 50.2% | ||
| Q1 24 | 14.9% | -13.0% |
净利率PLAYRPRX
| Q4 25 | -9.4% | 34.4% | ||
| Q3 25 | 2.0% | 47.3% | ||
| Q2 25 | 3.8% | 5.2% | ||
| Q1 25 | 1.7% | 41.9% | ||
| Q4 24 | -7.2% | 35.1% | ||
| Q3 24 | 7.2% | 96.3% | ||
| Q2 24 | 7.0% | 19.0% | ||
| Q1 24 | 6.0% | 0.8% |
每股收益（稀释后）PLAYRPRX
| Q4 25 | $-1.22 | $0.49 | ||
| Q3 25 | $0.32 | $0.67 | ||
| Q2 25 | $0.62 | $0.07 | ||
| Q1 25 | $0.32 | $0.55 | ||
| Q4 24 | $-0.84 | $0.46 | ||
| Q3 24 | $0.99 | $1.21 | ||
| Q2 24 | $0.99 | $0.23 | ||
| Q1 24 | $0.95 | $0.01 |
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 | $13.6M | $618.7M |
| 总债务越低越好 | $1.6B | $9.0B |
| 股东权益账面价值 | $130.8M | $9.7B |
| 总资产 | $4.1B | $19.6B |
| 负债/权益比越低杠杆越低 | 12.17× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资PLAYRPRX
| Q4 25 | $13.6M | $618.7M | ||
| Q3 25 | $12.0M | $938.9M | ||
| Q2 25 | $11.9M | $631.9M | ||
| Q1 25 | $6.9M | $1.1B | ||
| Q4 24 | $8.6M | $929.0M | ||
| Q3 24 | $13.1M | $950.1M | ||
| Q2 24 | $32.1M | $1.8B | ||
| Q1 24 | $37.3M | $843.0M |
总债务PLAYRPRX
| Q4 25 | $1.6B | $9.0B | ||
| Q3 25 | $1.6B | $8.9B | ||
| Q2 25 | $1.6B | $8.0B | ||
| Q1 25 | $1.5B | $7.6B | ||
| Q4 24 | $1.5B | $7.6B | ||
| Q3 24 | $1.3B | $7.6B | ||
| Q2 24 | $1.3B | $7.6B | ||
| Q1 24 | $1.3B | $6.1B |
股东权益PLAYRPRX
| Q4 25 | $130.8M | $9.7B | ||
| Q3 25 | $166.2M | $9.6B | ||
| Q2 25 | $146.8M | $9.5B | ||
| Q1 25 | $145.8M | $9.8B | ||
| Q4 24 | $226.6M | $10.3B | ||
| Q3 24 | $284.4M | $10.3B | ||
| Q2 24 | $292.5M | $9.8B | ||
| Q1 24 | $251.2M | $9.9B |
总资产PLAYRPRX
| Q4 25 | $4.1B | $19.6B | ||
| Q3 25 | $4.1B | $19.3B | ||
| Q2 25 | $4.1B | $18.3B | ||
| Q1 25 | $4.0B | $17.6B | ||
| Q4 24 | $3.9B | $18.2B | ||
| Q3 24 | $3.8B | $18.0B | ||
| Q2 24 | $3.8B | $17.7B | ||
| Q1 24 | $3.8B | $16.1B |
负债/权益比PLAYRPRX
| Q4 25 | 12.17× | 0.92× | ||
| Q3 25 | 9.57× | 0.93× | ||
| Q2 25 | 10.98× | 0.84× | ||
| Q1 25 | 10.45× | 0.78× | ||
| Q4 24 | 6.58× | 0.74× | ||
| Q3 24 | 4.72× | 0.74× | ||
| Q2 24 | 4.58× | 0.78× | ||
| Q1 24 | 5.33× | 0.62× |
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 | $58.0M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $-20.6M | — |
| 自由现金流率自由现金流/营收 | -4.6% | — |
| 资本支出强度资本支出/营收 | 17.5% | — |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 过去12个月自由现金流最近4个季度 | $-195.6M | — |
8季度趋势，按日历期对齐
经营现金流PLAYRPRX
| Q4 25 | $58.0M | $827.1M | ||
| Q3 25 | $34.0M | $702.6M | ||
| Q2 25 | $95.8M | $364.0M | ||
| Q1 25 | $108.9M | $596.1M | ||
| Q4 24 | $-7.2M | $742.5M | ||
| Q3 24 | $101.8M | $703.6M | ||
| Q2 24 | $108.8M | $658.2M | ||
| Q1 24 | $97.2M | $664.6M |
自由现金流PLAYRPRX
| Q4 25 | $-20.6M | — | ||
| Q3 25 | $-55.2M | — | ||
| Q2 25 | $-58.8M | — | ||
| Q1 25 | $-61.0M | — | ||
| Q4 24 | $-138.4M | — | ||
| Q3 24 | $-14.3M | — | ||
| Q2 24 | $-4.2M | — | ||
| Q1 24 | $-25.4M | — |
自由现金流率PLAYRPRX
| Q4 25 | -4.6% | — | ||
| Q3 25 | -9.9% | — | ||
| Q2 25 | -10.4% | — | ||
| Q1 25 | -11.4% | — | ||
| Q4 24 | -30.6% | — | ||
| Q3 24 | -2.6% | — | ||
| Q2 24 | -0.7% | — | ||
| Q1 24 | -4.2% | — |
资本支出强度PLAYRPRX
| Q4 25 | 17.5% | — | ||
| Q3 25 | 16.0% | — | ||
| Q2 25 | 27.2% | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | 29.0% | — | ||
| Q3 24 | 20.8% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 20.5% | — |
现金转化率PLAYRPRX
| Q4 25 | — | 3.86× | ||
| Q3 25 | 2.98× | 2.44× | ||
| Q2 25 | 4.41× | 12.06× | ||
| Q1 25 | 11.71× | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | 2.53× | 1.29× | ||
| Q2 24 | 2.63× | 6.45× | ||
| Q1 24 | 2.69× | 139.10× |
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
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
