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Pure Storage, Inc.（PSTG）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是Pure Storage, Inc.的1.5倍（$1.4B vs $964.5M），Pure Storage, Inc.净利率更高（5.7% vs -22.3%，领先28.0%），罗布乐思同比增速更快（43.2% vs 16.0%），罗布乐思自由现金流更多（$308.6M vs $52.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs 10.5%）
Pure Storage是美国上市科技企业，总部位于加利福尼亚州圣克拉拉，成立于2009年，2011年正式推出自研全闪存数据存储软硬件产品，2015年上市前累计获得超4.7亿美元风险投资，营收长期保持高速增长态势。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
PSTG vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.5倍
$964.5M
营收增速更快
RBLX
高出27.1%
16.0%
净利率更高
PSTG
高出28.0%
-22.3%
自由现金流更多
RBLX
多$256.0M
$52.6M
两年增速更快
RBLX
近两年复合增速
10.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $964.5M | $1.4B |
| 净利润 | $54.8M | $-316.0M |
| 毛利率 | 72.3% | 77.7% |
| 营业利润率 | 5.6% | -25.3% |
| 净利率 | 5.7% | -22.3% |
| 营收同比 | 16.0% | 43.2% |
| 净利润同比 | -13.9% | -43.9% |
| 每股收益（稀释后） | $0.16 | $-0.44 |
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PSTGRBLX
| Q4 25 | $964.5M | $1.4B | ||
| Q3 25 | $861.0M | $1.4B | ||
| Q2 25 | $778.5M | $1.1B | ||
| Q1 25 | $879.8M | $1.0B | ||
| Q4 24 | $831.1M | $988.2M | ||
| Q3 24 | $763.8M | $919.0M | ||
| Q2 24 | $693.5M | $893.5M | ||
| Q1 24 | $789.8M | $801.3M |
净利润PSTGRBLX
| Q4 25 | $54.8M | $-316.0M | ||
| Q3 25 | $47.1M | $-255.6M | ||
| Q2 25 | $-14.0M | $-278.4M | ||
| Q1 25 | $42.4M | $-215.1M | ||
| Q4 24 | $63.6M | $-219.6M | ||
| Q3 24 | $35.7M | $-239.3M | ||
| Q2 24 | $-35.0M | $-205.9M | ||
| Q1 24 | $65.4M | $-270.6M |
毛利率PSTGRBLX
| Q4 25 | 72.3% | 77.7% | ||
| Q3 25 | 70.2% | 78.2% | ||
| Q2 25 | 68.9% | 78.2% | ||
| Q1 25 | 67.5% | 78.3% | ||
| Q4 24 | 70.1% | 77.9% | ||
| Q3 24 | 70.7% | 77.7% | ||
| Q2 24 | 71.5% | 77.8% | ||
| Q1 24 | 72.0% | 77.7% |
营业利润率PSTGRBLX
| Q4 25 | 5.6% | -25.3% | ||
| Q3 25 | 0.6% | -21.8% | ||
| Q2 25 | -4.0% | -29.8% | ||
| Q1 25 | 4.8% | -24.6% | ||
| Q4 24 | 7.2% | -24.7% | ||
| Q3 24 | 3.3% | -30.4% | ||
| Q2 24 | -6.0% | -26.6% | ||
| Q1 24 | 7.3% | -37.7% |
净利率PSTGRBLX
| Q4 25 | 5.7% | -22.3% | ||
| Q3 25 | 5.5% | -18.8% | ||
| Q2 25 | -1.8% | -25.8% | ||
| Q1 25 | 4.8% | -20.8% | ||
| Q4 24 | 7.7% | -22.2% | ||
| Q3 24 | 4.7% | -26.0% | ||
| Q2 24 | -5.0% | -23.0% | ||
| Q1 24 | 8.3% | -33.8% |
每股收益（稀释后）PSTGRBLX
| Q4 25 | $0.16 | $-0.44 | ||
| Q3 25 | $0.14 | $-0.37 | ||
| Q2 25 | $-0.04 | $-0.41 | ||
| Q1 25 | $0.13 | $-0.32 | ||
| Q4 24 | $0.19 | $-0.32 | ||
| Q3 24 | $0.10 | $-0.37 | ||
| Q2 24 | $-0.11 | $-0.32 | ||
| Q1 24 | $0.22 | $-0.43 |
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 | $852.8M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $1.4B | $394.5M |
| 总资产 | $4.2B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资PSTGRBLX
| Q4 25 | $852.8M | $3.1B | ||
| Q3 25 | $887.8M | $2.9B | ||
| Q2 25 | $739.3M | $2.6B | ||
| Q1 25 | $723.6M | $2.7B | ||
| Q4 24 | $894.6M | $2.4B | ||
| Q3 24 | $965.0M | $2.3B | ||
| Q2 24 | $900.6M | $2.4B | ||
| Q1 24 | $702.5M | $2.4B |
总债务PSTGRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PSTGRBLX
| Q4 25 | $1.4B | $394.5M | ||
| Q3 25 | $1.3B | $407.6M | ||
| Q2 25 | $1.2B | $353.2M | ||
| Q1 25 | $1.3B | $310.7M | ||
| Q4 24 | $1.4B | $221.4M | ||
| Q3 24 | $1.5B | $189.9M | ||
| Q2 24 | $1.4B | $121.5M | ||
| Q1 24 | $1.3B | $71.6M |
总资产PSTGRBLX
| Q4 25 | $4.2B | $9.6B | ||
| Q3 25 | $4.0B | $8.6B | ||
| Q2 25 | $3.8B | $7.8B | ||
| Q1 25 | $4.0B | $7.5B | ||
| Q4 24 | $3.9B | $7.2B | ||
| Q3 24 | $3.8B | $6.7B | ||
| Q2 24 | $3.6B | $6.5B | ||
| Q1 24 | $3.7B | $6.3B |
负债/权益比PSTGRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $116.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $52.6M | $308.6M |
| 自由现金流率自由现金流/营收 | 5.5% | 21.8% |
| 资本支出强度资本支出/营收 | 6.6% | 21.1% |
| 现金转化率经营现金流/净利润 | 2.12× | — |
| 过去12个月自由现金流最近4个季度 | $566.7M | $1.4B |
8季度趋势，按日历期对齐
经营现金流PSTGRBLX
| Q4 25 | $116.0M | $607.0M | ||
| Q3 25 | $212.2M | $546.2M | ||
| Q2 25 | $283.9M | $199.3M | ||
| Q1 25 | $208.5M | $443.9M | ||
| Q4 24 | $97.0M | $184.5M | ||
| Q3 24 | $226.6M | $247.4M | ||
| Q2 24 | $221.5M | $151.4M | ||
| Q1 24 | $244.4M | $238.9M |
自由现金流PSTGRBLX
| Q4 25 | $52.6M | $308.6M | ||
| Q3 25 | $150.1M | $443.6M | ||
| Q2 25 | $211.6M | $176.7M | ||
| Q1 25 | $152.4M | $426.5M | ||
| Q4 24 | $35.2M | $120.6M | ||
| Q3 24 | $166.6M | $218.0M | ||
| Q2 24 | $172.7M | $111.7M | ||
| Q1 24 | $200.9M | $192.3M |
自由现金流率PSTGRBLX
| Q4 25 | 5.5% | 21.8% | ||
| Q3 25 | 17.4% | 32.6% | ||
| Q2 25 | 27.2% | 16.3% | ||
| Q1 25 | 17.3% | 41.2% | ||
| Q4 24 | 4.2% | 12.2% | ||
| Q3 24 | 21.8% | 23.7% | ||
| Q2 24 | 24.9% | 12.5% | ||
| Q1 24 | 25.4% | 24.0% |
资本支出强度PSTGRBLX
| Q4 25 | 6.6% | 21.1% | ||
| Q3 25 | 7.2% | 7.5% | ||
| Q2 25 | 9.3% | 2.1% | ||
| Q1 25 | 6.4% | 1.7% | ||
| Q4 24 | 7.4% | 6.5% | ||
| Q3 24 | 7.9% | 3.2% | ||
| Q2 24 | 7.0% | 4.4% | ||
| Q1 24 | 5.5% | 5.8% |
现金转化率PSTGRBLX
| Q4 25 | 2.12× | — | ||
| Q3 25 | 4.50× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 4.91× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 6.35× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.74× | — |
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
PSTG
| US | $683.2M | 71% |
| Non Us | $281.3M | 29% |
RBLX
暂无分部数据
