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Playtika Holding Corp.（PLTK）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
Playtika Holding Corp.的季度营收约是RBC Bearings INC的1.5倍（$678.8M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs -45.6%，领先60.2%），RBC Bearings INC同比增速更快（17.0% vs 4.4%），Playtika Holding Corp.自由现金流更多（$275.2M vs $99.1M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs 2.1%）
Playtika Holding Corp是一家专注于移动端游戏开发与发行的以色列数字娱乐企业，主打休闲社交类手游产品，在全球拥有庞大用户群体。截至2021年，该公司月活跃用户规模已经突破3500万，是行业内影响力突出的移动游戏厂商。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
PLTK vs RBC — 直观对比
营收规模更大
PLTK
是对方的1.5倍
$461.6M
营收增速更快
RBC
高出12.7%
4.4%
净利率更高
RBC
高出60.2%
-45.6%
自由现金流更多
PLTK
多$176.1M
$99.1M
两年增速更快
RBC
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $678.8M | $461.6M |
| 净利润 | $-309.3M | $67.4M |
| 毛利率 | 72.5% | 44.3% |
| 营业利润率 | -41.4% | 22.3% |
| 净利率 | -45.6% | 14.6% |
| 营收同比 | 4.4% | 17.0% |
| 净利润同比 | -1752.1% | 16.4% |
| 每股收益（稀释后） | $-0.83 | $2.13 |
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PLTKRBC
| Q4 25 | $678.8M | $461.6M | ||
| Q3 25 | $674.6M | $455.3M | ||
| Q2 25 | $696.0M | $436.0M | ||
| Q1 25 | $706.0M | $437.7M | ||
| Q4 24 | $650.3M | $394.4M | ||
| Q3 24 | $620.8M | $397.9M | ||
| Q2 24 | $627.0M | $406.3M | ||
| Q1 24 | $651.2M | $413.7M |
净利润PLTKRBC
| Q4 25 | $-309.3M | $67.4M | ||
| Q3 25 | $39.1M | $60.0M | ||
| Q2 25 | $33.2M | $68.5M | ||
| Q1 25 | $30.6M | $72.7M | ||
| Q4 24 | $-16.7M | $57.9M | ||
| Q3 24 | $39.3M | $54.2M | ||
| Q2 24 | $86.6M | $61.4M | ||
| Q1 24 | $53.0M | — |
毛利率PLTKRBC
| Q4 25 | 72.5% | 44.3% | ||
| Q3 25 | 73.6% | 44.1% | ||
| Q2 25 | 71.9% | 44.8% | ||
| Q1 25 | 72.0% | 44.2% | ||
| Q4 24 | 72.5% | 44.3% | ||
| Q3 24 | 72.9% | 43.7% | ||
| Q2 24 | 73.2% | 45.3% | ||
| Q1 24 | 72.8% | 43.1% |
营业利润率PLTKRBC
| Q4 25 | -41.4% | 22.3% | ||
| Q3 25 | 14.6% | 21.5% | ||
| Q2 25 | 15.8% | 23.2% | ||
| Q1 25 | 9.6% | 23.0% | ||
| Q4 24 | 8.5% | 21.7% | ||
| Q3 24 | 15.7% | 21.6% | ||
| Q2 24 | 22.4% | 24.0% | ||
| Q1 24 | 15.1% | 22.8% |
净利率PLTKRBC
| Q4 25 | -45.6% | 14.6% | ||
| Q3 25 | 5.8% | 13.2% | ||
| Q2 25 | 4.8% | 15.7% | ||
| Q1 25 | 4.3% | 16.6% | ||
| Q4 24 | -2.6% | 14.7% | ||
| Q3 24 | 6.3% | 13.6% | ||
| Q2 24 | 13.8% | 15.1% | ||
| Q1 24 | 8.1% | — |
每股收益（稀释后）PLTKRBC
| Q4 25 | $-0.83 | $2.13 | ||
| Q3 25 | $0.11 | $1.90 | ||
| Q2 25 | $0.09 | $2.17 | ||
| Q1 25 | $0.08 | $2.33 | ||
| Q4 24 | $-0.04 | $1.82 | ||
| Q3 24 | $0.11 | $1.65 | ||
| Q2 24 | $0.23 | $1.90 | ||
| Q1 24 | $0.14 | $1.92 |
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 | $684.2M | $107.6M |
| 总债务越低越好 | $2.4B | $990.2M |
| 股东权益账面价值 | $-411.4M | $3.3B |
| 总资产 | $3.7B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资PLTKRBC
| Q4 25 | $684.2M | $107.6M | ||
| Q3 25 | $587.9M | $91.2M | ||
| Q2 25 | $500.9M | $132.9M | ||
| Q1 25 | $434.8M | $36.8M | ||
| Q4 24 | $565.8M | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $710.3M | $76.8M | ||
| Q1 24 | $1.0B | $63.5M |
总债务PLTKRBC
| Q4 25 | $2.4B | $990.2M | ||
| Q3 25 | $2.4B | $1.1B | ||
| Q2 25 | $2.4B | $915.6M | ||
| Q1 25 | $2.4B | $920.1M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | $1.2B |
股东权益PLTKRBC
| Q4 25 | $-411.4M | $3.3B | ||
| Q3 25 | $-74.8M | $3.2B | ||
| Q2 25 | $-87.8M | $3.1B | ||
| Q1 25 | $-117.2M | $3.0B | ||
| Q4 24 | $-131.1M | $2.9B | ||
| Q3 24 | $-98.0M | $2.9B | ||
| Q2 24 | $-112.9M | $2.8B | ||
| Q1 24 | $-180.4M | $2.8B |
总资产PLTKRBC
| Q4 25 | $3.7B | $5.1B | ||
| Q3 25 | $3.7B | $5.1B | ||
| Q2 25 | $3.6B | $4.8B | ||
| Q1 25 | $3.6B | $4.7B | ||
| Q4 24 | $3.6B | $4.7B | ||
| Q3 24 | $3.2B | $4.7B | ||
| Q2 24 | $3.2B | $4.7B | ||
| Q1 24 | $3.1B | $4.7B |
负债/权益比PLTKRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $285.9M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $275.2M | $99.1M |
| 自由现金流率自由现金流/营收 | 40.5% | 21.5% |
| 资本支出强度资本支出/营收 | 1.6% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $531.4M | — |
8季度趋势，按日历期对齐
经营现金流PLTKRBC
| Q4 25 | $285.9M | $122.1M | ||
| Q3 25 | $116.9M | $88.4M | ||
| Q2 25 | $146.1M | $120.0M | ||
| Q1 25 | $18.8M | — | ||
| Q4 24 | $153.1M | $84.0M | ||
| Q3 24 | $156.9M | — | ||
| Q2 24 | $150.5M | $97.4M | ||
| Q1 24 | $29.6M | — |
自由现金流PLTKRBC
| Q4 25 | $275.2M | $99.1M | ||
| Q3 25 | $106.5M | $71.7M | ||
| Q2 25 | $141.3M | $104.3M | ||
| Q1 25 | $8.4M | — | ||
| Q4 24 | $140.3M | $73.6M | ||
| Q3 24 | $152.1M | — | ||
| Q2 24 | $141.2M | $88.4M | ||
| Q1 24 | $15.6M | — |
自由现金流率PLTKRBC
| Q4 25 | 40.5% | 21.5% | ||
| Q3 25 | 15.8% | 15.7% | ||
| Q2 25 | 20.3% | 23.9% | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 21.6% | 18.7% | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 22.5% | 21.8% | ||
| Q1 24 | 2.4% | — |
资本支出强度PLTKRBC
| Q4 25 | 1.6% | 5.0% | ||
| Q3 25 | 1.5% | 3.7% | ||
| Q2 25 | 0.7% | 3.6% | ||
| Q1 25 | 1.5% | 3.2% | ||
| Q4 24 | 2.0% | 2.6% | ||
| Q3 24 | 0.8% | 4.1% | ||
| Q2 24 | 1.5% | 2.2% | ||
| Q1 24 | 2.1% | — |
现金转化率PLTKRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | 2.99× | 1.47× | ||
| Q2 25 | 4.40× | 1.75× | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 3.99× | — | ||
| Q2 24 | 1.74× | 1.59× | ||
| Q1 24 | 0.56× | — |
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
PLTK
| Third Party Platform | $428.7M | 63% |
| Other | $158.8M | 23% |
| Asia Pacific | $52.7M | 8% |
| Other Geographic Location | $38.6M | 6% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
