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罗布乐思（RBLX）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
瑞思迈的季度营收约是罗布乐思的1.0倍（$1.4B vs $1.4B），瑞思迈净利率更高（27.6% vs -22.3%，领先49.9%），罗布乐思同比增速更快（43.2% vs 11.0%），过去两年罗布乐思的营收复合增速更高（32.9% vs 7.8%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
RBLX vs RMD — 直观对比
营收规模更大
RMD
是对方的1.0倍
$1.4B
营收增速更快
RBLX
高出32.2%
11.0%
净利率更高
RMD
高出49.9%
-22.3%
两年增速更快
RBLX
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $-316.0M | $392.6M |
| 毛利率 | 77.7% | 61.8% |
| 营业利润率 | -25.3% | 34.6% |
| 净利率 | -22.3% | 27.6% |
| 营收同比 | 43.2% | 11.0% |
| 净利润同比 | -43.9% | 13.9% |
| 每股收益（稀释后） | $-0.44 | $2.68 |
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RBLXRMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $988.2M | $1.3B | ||
| Q3 24 | $919.0M | $1.2B |
净利润RBLXRMD
| Q2 26 | — | $392.6M | ||
| Q1 26 | — | $398.7M | ||
| Q4 25 | $-316.0M | $392.6M | ||
| Q3 25 | $-255.6M | $348.5M | ||
| Q2 25 | $-278.4M | $379.7M | ||
| Q1 25 | $-215.1M | $365.0M | ||
| Q4 24 | $-219.6M | $344.6M | ||
| Q3 24 | $-239.3M | $311.4M |
毛利率RBLXRMD
| Q2 26 | — | 61.8% | ||
| Q1 26 | — | 62.2% | ||
| Q4 25 | 77.7% | 61.8% | ||
| Q3 25 | 78.2% | 61.5% | ||
| Q2 25 | 78.2% | 60.8% | ||
| Q1 25 | 78.3% | 59.3% | ||
| Q4 24 | 77.9% | 58.6% | ||
| Q3 24 | 77.7% | 58.6% |
营业利润率RBLXRMD
| Q2 26 | — | 34.6% | ||
| Q1 26 | — | 34.9% | ||
| Q4 25 | -25.3% | 34.6% | ||
| Q3 25 | -21.8% | 33.4% | ||
| Q2 25 | -29.8% | 33.7% | ||
| Q1 25 | -24.6% | 33.0% | ||
| Q4 24 | -24.7% | 32.5% | ||
| Q3 24 | -30.4% | 31.6% |
净利率RBLXRMD
| Q2 26 | — | 27.6% | ||
| Q1 26 | — | 27.9% | ||
| Q4 25 | -22.3% | 27.6% | ||
| Q3 25 | -18.8% | 26.1% | ||
| Q2 25 | -25.8% | 28.2% | ||
| Q1 25 | -20.8% | 28.3% | ||
| Q4 24 | -22.2% | 26.9% | ||
| Q3 24 | -26.0% | 25.4% |
每股收益（稀释后）RBLXRMD
| Q2 26 | — | $2.68 | ||
| Q1 26 | — | $2.74 | ||
| Q4 25 | $-0.44 | $2.68 | ||
| Q3 25 | $-0.37 | $2.37 | ||
| Q2 25 | $-0.41 | $2.58 | ||
| Q1 25 | $-0.32 | $2.48 | ||
| Q4 24 | $-0.32 | $2.34 | ||
| Q3 24 | $-0.37 | $2.11 |
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 | $1.4B |
| 总债务越低越好 | $1.2B | $663.8M |
| 股东权益账面价值 | $394.5M | $6.3B |
| 总资产 | $9.6B | $8.5B |
| 负债/权益比越低杠杆越低 | 2.98× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资RBLXRMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.1B | $1.4B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | $2.7B | $932.7M | ||
| Q4 24 | $2.4B | $521.9M | ||
| Q3 24 | $2.3B | $426.4M |
总债务RBLXRMD
| Q2 26 | — | $663.8M | ||
| Q1 26 | — | $664.1M | ||
| Q4 25 | $1.2B | $403.9M | ||
| Q3 25 | — | $408.7M | ||
| Q2 25 | — | $658.4M | ||
| Q1 25 | — | $663.1M | ||
| Q4 24 | $1.2B | $662.9M | ||
| Q3 24 | — | $667.6M |
股东权益RBLXRMD
| Q2 26 | — | $6.3B | ||
| Q1 26 | — | $6.5B | ||
| Q4 25 | $394.5M | $6.3B | ||
| Q3 25 | $407.6M | $6.1B | ||
| Q2 25 | $353.2M | $6.0B | ||
| Q1 25 | $310.7M | $5.5B | ||
| Q4 24 | $221.4M | $5.3B | ||
| Q3 24 | $189.9M | $5.2B |
总资产RBLXRMD
| Q2 26 | — | $8.5B | ||
| Q1 26 | — | $8.8B | ||
| Q4 25 | $9.6B | $8.5B | ||
| Q3 25 | $8.6B | $8.3B | ||
| Q2 25 | $7.8B | $8.2B | ||
| Q1 25 | $7.5B | $7.6B | ||
| Q4 24 | $7.2B | $7.1B | ||
| Q3 24 | $6.7B | $7.2B |
负债/权益比RBLXRMD
| Q2 26 | — | 0.11× | ||
| Q1 26 | — | 0.10× | ||
| Q4 25 | 2.98× | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | 5.48× | 0.13× | ||
| Q3 24 | — | 0.13× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $308.6M | — |
| 自由现金流率自由现金流/营收 | 21.8% | — |
| 资本支出强度资本支出/营收 | 21.1% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | — |
8季度趋势，按日历期对齐
经营现金流RBLXRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $607.0M | $339.7M | ||
| Q3 25 | $546.2M | $457.3M | ||
| Q2 25 | $199.3M | $538.8M | ||
| Q1 25 | $443.9M | $578.7M | ||
| Q4 24 | $184.5M | $308.6M | ||
| Q3 24 | $247.4M | $325.5M |
自由现金流RBLXRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $308.6M | $311.2M | ||
| Q3 25 | $443.6M | $414.4M | ||
| Q2 25 | $176.7M | $508.2M | ||
| Q1 25 | $426.5M | $557.9M | ||
| Q4 24 | $120.6M | $288.0M | ||
| Q3 24 | $218.0M | $307.7M |
自由现金流率RBLXRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 21.8% | 21.9% | ||
| Q3 25 | 32.6% | 31.0% | ||
| Q2 25 | 16.3% | 37.7% | ||
| Q1 25 | 41.2% | 43.2% | ||
| Q4 24 | 12.2% | 22.5% | ||
| Q3 24 | 23.7% | 25.1% |
资本支出强度RBLXRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 21.1% | 2.0% | ||
| Q3 25 | 7.5% | 3.2% | ||
| Q2 25 | 2.1% | 2.3% | ||
| Q1 25 | 1.7% | 1.6% | ||
| Q4 24 | 6.5% | 1.6% | ||
| Q3 24 | 3.2% | 1.5% |
现金转化率RBLXRMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.87× | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 1.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
