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罗布乐思（RBLX）与Talen Energy Corp（TLN）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Talen Energy Corp的1.9倍（$1.4B vs $758.0M），罗布乐思净利率更高（-22.3% vs -47.9%，领先25.6%），Talen Energy Corp同比增速更快（114.7% vs 43.2%），罗布乐思自由现金流更多（$308.6M vs $254.0M），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs 32.9%）
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。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
RBLX vs TLN — 直观对比
营收规模更大
RBLX
是对方的1.9倍
$758.0M
营收增速更快
TLN
高出71.5%
43.2%
净利率更高
RBLX
高出25.6%
-47.9%
自由现金流更多
RBLX
多$54.6M
$254.0M
两年增速更快
TLN
近两年复合增速
32.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $758.0M |
| 净利润 | $-316.0M | $-363.0M |
| 毛利率 | 77.7% | — |
| 营业利润率 | -25.3% | -41.3% |
| 净利率 | -22.3% | -47.9% |
| 营收同比 | 43.2% | 114.7% |
| 净利润同比 | -43.9% | -542.7% |
| 每股收益（稀释后） | $-0.44 | $-7.60 |
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RBLXTLN
| Q4 25 | $1.4B | $758.0M | ||
| Q3 25 | $1.4B | $697.0M | ||
| Q2 25 | $1.1B | $409.0M | ||
| Q1 25 | $1.0B | $654.0M | ||
| Q4 24 | $988.2M | $353.0M | ||
| Q3 24 | $919.0M | $459.0M | ||
| Q2 24 | $893.5M | $346.0M | ||
| Q1 24 | $801.3M | $416.0M |
净利润RBLXTLN
| Q4 25 | $-316.0M | $-363.0M | ||
| Q3 25 | $-255.6M | $207.0M | ||
| Q2 25 | $-278.4M | $72.0M | ||
| Q1 25 | $-215.1M | $-135.0M | ||
| Q4 24 | $-219.6M | $82.0M | ||
| Q3 24 | $-239.3M | $168.0M | ||
| Q2 24 | $-205.9M | $454.0M | ||
| Q1 24 | $-270.6M | $294.0M |
毛利率RBLXTLN
| Q4 25 | 77.7% | — | ||
| Q3 25 | 78.2% | — | ||
| Q2 25 | 78.2% | — | ||
| Q1 25 | 78.3% | — | ||
| Q4 24 | 77.9% | — | ||
| Q3 24 | 77.7% | — | ||
| Q2 24 | 77.8% | — | ||
| Q1 24 | 77.7% | — |
营业利润率RBLXTLN
| Q4 25 | -25.3% | -41.3% | ||
| Q3 25 | -21.8% | 37.7% | ||
| Q2 25 | -29.8% | 16.1% | ||
| Q1 25 | -24.6% | -16.2% | ||
| Q4 24 | -24.7% | 4.5% | ||
| Q3 24 | -30.4% | 34.4% | ||
| Q2 24 | -26.6% | 7.8% | ||
| Q1 24 | -37.7% | 6.0% |
净利率RBLXTLN
| Q4 25 | -22.3% | -47.9% | ||
| Q3 25 | -18.8% | 29.7% | ||
| Q2 25 | -25.8% | 17.6% | ||
| Q1 25 | -20.8% | -20.6% | ||
| Q4 24 | -22.2% | 23.2% | ||
| Q3 24 | -26.0% | 36.6% | ||
| Q2 24 | -23.0% | 131.2% | ||
| Q1 24 | -33.8% | 70.7% |
每股收益（稀释后）RBLXTLN
| Q4 25 | $-0.44 | $-7.60 | ||
| Q3 25 | $-0.37 | $4.25 | ||
| Q2 25 | $-0.41 | $1.50 | ||
| Q1 25 | $-0.32 | $-2.94 | ||
| Q4 24 | $-0.32 | $2.07 | ||
| Q3 24 | $-0.37 | $3.16 | ||
| Q2 24 | $-0.32 | $7.60 | ||
| Q1 24 | $-0.43 | $4.84 |
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 | $689.0M |
| 总债务越低越好 | $1.2B | $6.8B |
| 股东权益账面价值 | $394.5M | $1.1B |
| 总资产 | $9.6B | $10.9B |
| 负债/权益比越低杠杆越低 | 2.98× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资RBLXTLN
| Q4 25 | $3.1B | $689.0M | ||
| Q3 25 | $2.9B | $497.0M | ||
| Q2 25 | $2.6B | $122.0M | ||
| Q1 25 | $2.7B | $295.0M | ||
| Q4 24 | $2.4B | $328.0M | ||
| Q3 24 | $2.3B | $648.0M | ||
| Q2 24 | $2.4B | $632.0M | ||
| Q1 24 | $2.4B | — |
总债务RBLXTLN
| Q4 25 | $1.2B | $6.8B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $1.2B | $3.0B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | — |
股东权益RBLXTLN
| Q4 25 | $394.5M | $1.1B | ||
| Q3 25 | $407.6M | $1.5B | ||
| Q2 25 | $353.2M | $1.2B | ||
| Q1 25 | $310.7M | $1.2B | ||
| Q4 24 | $221.4M | $1.4B | ||
| Q3 24 | $189.9M | $2.4B | ||
| Q2 24 | $121.5M | $2.5B | ||
| Q1 24 | $71.6M | $2.8B |
总资产RBLXTLN
| Q4 25 | $9.6B | $10.9B | ||
| Q3 25 | $8.6B | $6.1B | ||
| Q2 25 | $7.8B | $5.8B | ||
| Q1 25 | $7.5B | $5.9B | ||
| Q4 24 | $7.2B | $6.1B | ||
| Q3 24 | $6.7B | $6.8B | ||
| Q2 24 | $6.5B | $7.1B | ||
| Q1 24 | $6.3B | — |
负债/权益比RBLXTLN
| Q4 25 | 2.98× | 6.23× | ||
| Q3 25 | — | 2.03× | ||
| Q2 25 | — | 2.40× | ||
| Q1 25 | — | 2.54× | ||
| Q4 24 | 5.48× | 2.17× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.05× | ||
| 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 | $607.0M | $280.0M |
| 自由现金流经营现金流 - 资本支出 | $308.6M | $254.0M |
| 自由现金流率自由现金流/营收 | 21.8% | 33.5% |
| 资本支出强度资本支出/营收 | 21.1% | 3.4% |
| 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 | $606.0M |
8季度趋势，按日历期对齐
经营现金流RBLXTLN
| Q4 25 | $607.0M | $280.0M | ||
| Q3 25 | $546.2M | $489.0M | ||
| Q2 25 | $199.3M | $-184.0M | ||
| Q1 25 | $443.9M | $119.0M | ||
| Q4 24 | $184.5M | — | ||
| Q3 24 | $247.4M | $96.0M | ||
| Q2 24 | $151.4M | $-23.0M | ||
| Q1 24 | $238.9M | $173.0M |
自由现金流RBLXTLN
| Q4 25 | $308.6M | $254.0M | ||
| Q3 25 | $443.6M | $468.0M | ||
| Q2 25 | $176.7M | $-217.0M | ||
| Q1 25 | $426.5M | $101.0M | ||
| Q4 24 | $120.6M | — | ||
| Q3 24 | $218.0M | $83.0M | ||
| Q2 24 | $111.7M | $-43.0M | ||
| Q1 24 | $192.3M | $148.0M |
自由现金流率RBLXTLN
| Q4 25 | 21.8% | 33.5% | ||
| Q3 25 | 32.6% | 67.1% | ||
| Q2 25 | 16.3% | -53.1% | ||
| Q1 25 | 41.2% | 15.4% | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | 23.7% | 18.1% | ||
| Q2 24 | 12.5% | -12.4% | ||
| Q1 24 | 24.0% | 35.6% |
资本支出强度RBLXTLN
| Q4 25 | 21.1% | 3.4% | ||
| Q3 25 | 7.5% | 3.0% | ||
| Q2 25 | 2.1% | 8.1% | ||
| Q1 25 | 1.7% | 2.8% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 3.2% | 2.8% | ||
| Q2 24 | 4.4% | 5.8% | ||
| Q1 24 | 5.8% | 6.0% |
现金转化率RBLXTLN
| Q4 25 | — | — | ||
| Q3 25 | — | 2.36× | ||
| Q2 25 | — | -2.56× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.57× | ||
| Q2 24 | — | -0.05× | ||
| Q1 24 | — | 0.59× |
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
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
