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Dave & Buster's Entertainment, Inc.（PLAY）与SPIRE INC（SR）财务数据对比。点击上方公司名可切换其他公司
SPIRE INC的季度营收约是Dave & Buster's Entertainment, Inc.的1.7倍（$762.2M vs $448.2M），SPIRE INC净利率更高（12.5% vs -9.4%，领先21.9%），SPIRE INC同比增速更快（13.9% vs -1.1%），Dave & Buster's Entertainment, Inc.自由现金流更多（$-20.6M vs $-121.8M），过去两年Dave & Buster's Entertainment, Inc.的营收复合增速更高（-13.5% vs -17.8%）
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。
Spire Inc是总部位于美国密苏里州圣路易斯的区域公用事业控股公司，核心业务为受监管的天然气供应服务，同时布局非监管类业务拓展商业机会。旗下主要子公司Laclede Gas Company是密苏里州最大的天然气分销公用事业企业，为圣路易斯市及密苏里州东部10个县的约63.1万户住宅、商业及工业客户提供服务。
PLAY vs SR — 直观对比
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $448.2M | $762.2M |
| 净利润 | $-42.1M | $95.0M |
| 毛利率 | 85.8% | 55.1% |
| 营业利润率 | -3.6% | 22.8% |
| 净利率 | -9.4% | 12.5% |
| 营收同比 | -1.1% | 13.9% |
| 净利润同比 | -28.7% | 16.9% |
| 每股收益（稀释后） | $-1.22 | $1.54 |
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
| Q4 25 | $448.2M | $762.2M | ||
| Q3 25 | $557.4M | $334.1M | ||
| Q2 25 | $567.7M | $421.9M | ||
| Q1 25 | $534.5M | $1.1B | ||
| Q4 24 | $453.0M | $669.1M | ||
| Q3 24 | $557.1M | $293.8M | ||
| Q2 24 | $588.1M | $414.1M | ||
| Q1 24 | $599.0M | $1.1B |
| Q4 25 | $-42.1M | $95.0M | ||
| Q3 25 | $11.4M | $-39.8M | ||
| Q2 25 | $21.7M | $20.9M | ||
| Q1 25 | $9.3M | $209.3M | ||
| Q4 24 | $-32.7M | $81.3M | ||
| Q3 24 | $40.3M | $-25.9M | ||
| Q2 24 | $41.4M | $-12.6M | ||
| Q1 24 | $36.1M | $204.3M |
| Q4 25 | 85.8% | 55.1% | ||
| Q3 25 | 86.3% | — | ||
| Q2 25 | 85.5% | — | ||
| Q1 25 | 85.5% | — | ||
| Q4 24 | 85.0% | 55.6% | ||
| Q3 24 | 85.3% | — | ||
| Q2 24 | 85.2% | — | ||
| Q1 24 | 84.1% | — |
| Q4 25 | -3.6% | 22.8% | ||
| Q3 25 | 9.5% | -0.1% | ||
| Q2 25 | 11.1% | 16.4% | ||
| Q1 25 | 8.3% | 29.1% | ||
| Q4 24 | 1.4% | 22.2% | ||
| Q3 24 | 15.2% | 6.7% | ||
| Q2 24 | 14.5% | 7.4% | ||
| Q1 24 | 14.9% | 26.5% |
| Q4 25 | -9.4% | 12.5% | ||
| Q3 25 | 2.0% | -11.9% | ||
| Q2 25 | 3.8% | 5.0% | ||
| Q1 25 | 1.7% | 19.9% | ||
| Q4 24 | -7.2% | 12.2% | ||
| Q3 24 | 7.2% | -8.8% | ||
| Q2 24 | 7.0% | -3.0% | ||
| Q1 24 | 6.0% | 18.1% |
| Q4 25 | $-1.22 | $1.54 | ||
| Q3 25 | $0.32 | $-0.77 | ||
| Q2 25 | $0.62 | $0.29 | ||
| Q1 25 | $0.32 | $3.51 | ||
| Q4 24 | $-0.84 | $1.34 | ||
| Q3 24 | $0.99 | $-0.63 | ||
| Q2 24 | $0.99 | $-0.28 | ||
| Q1 24 | $0.95 | $3.58 |
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 | $4.1M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $130.8M | $3.4B |
| 总资产 | $4.1B | $11.9B |
| 负债/权益比越低杠杆越低 | 12.17× | — |
8季度趋势，按日历期对齐
| Q4 25 | $13.6M | $4.1M | ||
| Q3 25 | $12.0M | $5.7M | ||
| Q2 25 | $11.9M | $13.1M | ||
| Q1 25 | $6.9M | $15.2M | ||
| Q4 24 | $8.6M | $11.5M | ||
| Q3 24 | $13.1M | $4.5M | ||
| Q2 24 | $32.1M | $7.4M | ||
| Q1 24 | $37.3M | $25.6M |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
| Q4 25 | $130.8M | $3.4B | ||
| Q3 25 | $166.2M | $3.4B | ||
| Q2 25 | $146.8M | $3.5B | ||
| Q1 25 | $145.8M | $3.5B | ||
| Q4 24 | $226.6M | $3.3B | ||
| Q3 24 | $284.4M | $3.2B | ||
| Q2 24 | $292.5M | $3.3B | ||
| Q1 24 | $251.2M | $3.4B |
| Q4 25 | $4.1B | $11.9B | ||
| Q3 25 | $4.1B | $11.6B | ||
| Q2 25 | $4.1B | $11.4B | ||
| Q1 25 | $4.0B | $11.3B | ||
| Q4 24 | $3.9B | $11.3B | ||
| Q3 24 | $3.8B | $10.9B | ||
| Q2 24 | $3.8B | $10.7B | ||
| Q1 24 | $3.8B | $10.7B |
| Q4 25 | 12.17× | — | ||
| Q3 25 | 9.57× | — | ||
| Q2 25 | 10.98× | — | ||
| Q1 25 | 10.45× | — | ||
| Q4 24 | 6.58× | — | ||
| Q3 24 | 4.72× | — | ||
| Q2 24 | 4.58× | — | ||
| Q1 24 | 5.33× | — |
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 | $81.0M |
| 自由现金流经营现金流 - 资本支出 | $-20.6M | $-121.8M |
| 自由现金流率自由现金流/营收 | -4.6% | -16.0% |
| 资本支出强度资本支出/营收 | 17.5% | 26.6% |
| 现金转化率经营现金流/净利润 | — | 0.85× |
| 过去12个月自由现金流最近4个季度 | $-195.6M | $-286.7M |
8季度趋势，按日历期对齐
| Q4 25 | $58.0M | $81.0M | ||
| Q3 25 | $34.0M | $-4.9M | ||
| Q2 25 | $95.8M | $129.1M | ||
| Q1 25 | $108.9M | $372.7M | ||
| Q4 24 | $-7.2M | $81.1M | ||
| Q3 24 | $101.8M | $82.9M | ||
| Q2 24 | $108.8M | $270.1M | ||
| Q1 24 | $97.2M | $489.4M |
| Q4 25 | $-20.6M | $-121.8M | ||
| Q3 25 | $-55.2M | $-227.6M | ||
| Q2 25 | $-58.8M | $-91.4M | ||
| Q1 25 | $-61.0M | $154.1M | ||
| Q4 24 | $-138.4M | $-179.5M | ||
| Q3 24 | $-14.3M | $-146.9M | ||
| Q2 24 | $-4.2M | $47.9M | ||
| Q1 24 | $-25.4M | $306.6M |
| Q4 25 | -4.6% | -16.0% | ||
| Q3 25 | -9.9% | -68.1% | ||
| Q2 25 | -10.4% | -21.7% | ||
| Q1 25 | -11.4% | 14.7% | ||
| Q4 24 | -30.6% | -26.8% | ||
| Q3 24 | -2.6% | -50.0% | ||
| Q2 24 | -0.7% | 11.6% | ||
| Q1 24 | -4.2% | 27.2% |
| Q4 25 | 17.5% | 26.6% | ||
| Q3 25 | 16.0% | 66.7% | ||
| Q2 25 | 27.2% | 52.3% | ||
| Q1 25 | 31.8% | 20.8% | ||
| Q4 24 | 29.0% | 38.9% | ||
| Q3 24 | 20.8% | 78.2% | ||
| Q2 24 | 19.2% | 53.7% | ||
| Q1 24 | 20.5% | 16.2% |
| Q4 25 | — | 0.85× | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | 4.41× | 6.18× | ||
| Q1 25 | 11.71× | 1.78× | ||
| Q4 24 | — | 1.00× | ||
| Q3 24 | 2.53× | — | ||
| Q2 24 | 2.63× | — | ||
| Q1 24 | 2.69× | 2.40× |
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% |
SR
| Residential | $474.9M | 62% |
| Commercial And Industrial | $148.4M | 19% |
| Gas Marketing | $41.1M | 5% |
| Midstream | $39.0M | 5% |
| Transportation | $37.1M | 5% |
| Offsystem And Other Inventive | $19.7M | 3% |
| Other Customer Revenue | $4.6M | 1% |
