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罗布乐思（RBLX）与越洋钻探（RIG）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越洋钻探的1.4倍（$1.4B vs $1.0B），越洋钻探净利率更高（2.4% vs -22.3%，领先24.7%），罗布乐思同比增速更快（43.2% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $308.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs 16.9%）
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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
RBLX vs RIG — 直观对比
营收规模更大
RBLX
是对方的1.4倍
$1.0B
营收增速更快
RBLX
高出33.6%
9.6%
净利率更高
RIG
高出24.7%
-22.3%
自由现金流更多
RIG
多$12.4M
$308.6M
两年增速更快
RBLX
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.0B |
| 净利润 | $-316.0M | $25.0M |
| 毛利率 | 77.7% | 42.0% |
| 营业利润率 | -25.3% | 23.0% |
| 净利率 | -22.3% | 2.4% |
| 营收同比 | 43.2% | 9.6% |
| 净利润同比 | -43.9% | 257.1% |
| 每股收益（稀释后） | $-0.44 | $0.13 |
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RBLXRIG
| Q4 25 | $1.4B | $1.0B | ||
| Q3 25 | $1.4B | $1.0B | ||
| Q2 25 | $1.1B | $988.0M | ||
| Q1 25 | $1.0B | $906.0M | ||
| Q4 24 | $988.2M | $952.0M | ||
| Q3 24 | $919.0M | $948.0M | ||
| Q2 24 | $893.5M | $861.0M | ||
| Q1 24 | $801.3M | $763.0M |
净利润RBLXRIG
| Q4 25 | $-316.0M | $25.0M | ||
| Q3 25 | $-255.6M | $-1.9B | ||
| Q2 25 | $-278.4M | $-938.0M | ||
| Q1 25 | $-215.1M | $-79.0M | ||
| Q4 24 | $-219.6M | $7.0M | ||
| Q3 24 | $-239.3M | $-494.0M | ||
| Q2 24 | $-205.9M | $-123.0M | ||
| Q1 24 | $-270.6M | $98.0M |
毛利率RBLXRIG
| Q4 25 | 77.7% | 42.0% | ||
| Q3 25 | 78.2% | 43.2% | ||
| Q2 25 | 78.2% | 39.4% | ||
| Q1 25 | 78.3% | 31.8% | ||
| Q4 24 | 77.9% | 39.2% | ||
| Q3 24 | 77.7% | 40.6% | ||
| Q2 24 | 77.8% | 38.0% | ||
| Q1 24 | 77.7% | 31.5% |
营业利润率RBLXRIG
| Q4 25 | -25.3% | 23.0% | ||
| Q3 25 | -21.8% | -163.1% | ||
| Q2 25 | -29.8% | -97.6% | ||
| Q1 25 | -24.6% | 7.1% | ||
| Q4 24 | -24.7% | 13.7% | ||
| Q3 24 | -30.4% | -51.2% | ||
| Q2 24 | -26.6% | -6.9% | ||
| Q1 24 | -37.7% | -0.4% |
净利率RBLXRIG
| Q4 25 | -22.3% | 2.4% | ||
| Q3 25 | -18.8% | -187.1% | ||
| Q2 25 | -25.8% | -94.9% | ||
| Q1 25 | -20.8% | -8.7% | ||
| Q4 24 | -22.2% | 0.7% | ||
| Q3 24 | -26.0% | -52.1% | ||
| Q2 24 | -23.0% | -14.3% | ||
| Q1 24 | -33.8% | 12.8% |
每股收益（稀释后）RBLXRIG
| Q4 25 | $-0.44 | $0.13 | ||
| Q3 25 | $-0.37 | $-2.00 | ||
| Q2 25 | $-0.41 | $-1.06 | ||
| Q1 25 | $-0.32 | $-0.11 | ||
| Q4 24 | $-0.32 | $-0.14 | ||
| Q3 24 | $-0.37 | $-0.58 | ||
| Q2 24 | $-0.32 | $-0.15 | ||
| Q1 24 | $-0.43 | $0.11 |
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 | $3.1B | $620.0M |
| 总债务越低越好 | $1.2B | $5.2B |
| 股东权益账面价值 | $394.5M | $8.1B |
| 总资产 | $9.6B | $15.6B |
| 负债/权益比越低杠杆越低 | 2.98× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资RBLXRIG
| Q4 25 | $3.1B | $620.0M | ||
| Q3 25 | $2.9B | $833.0M | ||
| Q2 25 | $2.6B | $377.0M | ||
| Q1 25 | $2.7B | $263.0M | ||
| Q4 24 | $2.4B | $560.0M | ||
| Q3 24 | $2.3B | $435.0M | ||
| Q2 24 | $2.4B | $475.0M | ||
| Q1 24 | $2.4B | $446.0M |
总债务RBLXRIG
| Q4 25 | $1.2B | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | $1.2B | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益RBLXRIG
| Q4 25 | $394.5M | $8.1B | ||
| Q3 25 | $407.6M | $8.1B | ||
| Q2 25 | $353.2M | $9.4B | ||
| Q1 25 | $310.7M | $10.2B | ||
| Q4 24 | $221.4M | $10.3B | ||
| Q3 24 | $189.9M | $10.2B | ||
| Q2 24 | $121.5M | $10.7B | ||
| Q1 24 | $71.6M | $10.5B |
总资产RBLXRIG
| Q4 25 | $9.6B | $15.6B | ||
| Q3 25 | $8.6B | $16.2B | ||
| Q2 25 | $7.8B | $17.8B | ||
| Q1 25 | $7.5B | $19.0B | ||
| Q4 24 | $7.2B | $19.4B | ||
| Q3 24 | $6.7B | $19.5B | ||
| Q2 24 | $6.5B | $20.3B | ||
| Q1 24 | $6.3B | $19.9B |
负债/权益比RBLXRIG
| Q4 25 | 2.98× | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 5.48× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $607.0M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $308.6M | $321.0M |
| 自由现金流率自由现金流/营收 | 21.8% | 30.8% |
| 资本支出强度资本支出/营收 | 21.1% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $626.0M |
8季度趋势，按日历期对齐
经营现金流RBLXRIG
| Q4 25 | $607.0M | $349.0M | ||
| Q3 25 | $546.2M | $246.0M | ||
| Q2 25 | $199.3M | $128.0M | ||
| Q1 25 | $443.9M | $26.0M | ||
| Q4 24 | $184.5M | $206.0M | ||
| Q3 24 | $247.4M | $194.0M | ||
| Q2 24 | $151.4M | $133.0M | ||
| Q1 24 | $238.9M | $-86.0M |
自由现金流RBLXRIG
| Q4 25 | $308.6M | $321.0M | ||
| Q3 25 | $443.6M | $235.0M | ||
| Q2 25 | $176.7M | $104.0M | ||
| Q1 25 | $426.5M | $-34.0M | ||
| Q4 24 | $120.6M | $177.0M | ||
| Q3 24 | $218.0M | $136.0M | ||
| Q2 24 | $111.7M | $49.0M | ||
| Q1 24 | $192.3M | $-169.0M |
自由现金流率RBLXRIG
| Q4 25 | 21.8% | 30.8% | ||
| Q3 25 | 32.6% | 22.9% | ||
| Q2 25 | 16.3% | 10.5% | ||
| Q1 25 | 41.2% | -3.8% | ||
| Q4 24 | 12.2% | 18.6% | ||
| Q3 24 | 23.7% | 14.3% | ||
| Q2 24 | 12.5% | 5.7% | ||
| Q1 24 | 24.0% | -22.1% |
资本支出强度RBLXRIG
| Q4 25 | 21.1% | 2.7% | ||
| Q3 25 | 7.5% | 1.1% | ||
| Q2 25 | 2.1% | 2.4% | ||
| Q1 25 | 1.7% | 6.6% | ||
| Q4 24 | 6.5% | 3.0% | ||
| Q3 24 | 3.2% | 6.1% | ||
| Q2 24 | 4.4% | 9.8% | ||
| Q1 24 | 5.8% | 10.9% |
现金转化率RBLXRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.88× |
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
RBLX
暂无分部数据
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
