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RESIDEO TECHNOLOGIES, INC.（REZI）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
RESIDEO TECHNOLOGIES, INC.的季度营收约是ROKU, INC的1.4倍（$1.9B vs $1.4B），RESIDEO TECHNOLOGIES, INC.净利率更高（7.2% vs 5.8%，领先1.4%），ROKU, INC同比增速更快（16.1% vs 2.0%），RESIDEO TECHNOLOGIES, INC.自由现金流更多（$262.0M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 12.9%）
Resideo Technologies是2018年从霍尼韦尔分拆成立的美国跨国企业，主营住宅场景的温控、空气质量调节、湿度控制及安防系统，业务覆盖美国及全球市场。公司下设产品、分销两大业务板块，生产销售温度照明控制、安防、水气监测等智能家居硬件及配套软件产品。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
REZI vs ROKU — 直观对比
营收规模更大
REZI
是对方的1.4倍
$1.4B
营收增速更快
ROKU
高出14.1%
2.0%
净利率更高
REZI
高出1.4%
5.8%
自由现金流更多
REZI
多$155.4M
$106.6M
两年增速更快
ROKU
近两年复合增速
12.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $136.0M | $80.5M |
| 毛利率 | 29.6% | 43.5% |
| 营业利润率 | 7.4% | 4.7% |
| 净利率 | 7.2% | 5.8% |
| 营收同比 | 2.0% | 16.1% |
| 净利润同比 | 491.3% | 326.4% |
| 每股收益（稀释后） | $0.99 | $0.55 |
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REZIROKU
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.8B | $1.0B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $1.6B | $968.2M | ||
| Q1 24 | $1.5B | $881.5M |
净利润REZIROKU
| Q4 25 | $136.0M | $80.5M | ||
| Q3 25 | $156.0M | $24.8M | ||
| Q2 25 | $-825.0M | $10.5M | ||
| Q1 25 | $6.0M | $-27.4M | ||
| Q4 24 | $23.0M | $-35.5M | ||
| Q3 24 | $20.0M | $-9.0M | ||
| Q2 24 | $30.0M | $-34.0M | ||
| Q1 24 | $43.0M | $-50.9M |
毛利率REZIROKU
| Q4 25 | 29.6% | 43.5% | ||
| Q3 25 | 29.8% | 43.4% | ||
| Q2 25 | 29.3% | 44.8% | ||
| Q1 25 | 28.9% | 43.6% | ||
| Q4 24 | 28.5% | 42.7% | ||
| Q3 24 | 28.7% | 45.2% | ||
| Q2 24 | 28.1% | 43.9% | ||
| Q1 24 | 26.9% | 44.1% |
营业利润率REZIROKU
| Q4 25 | 7.4% | 4.7% | ||
| Q3 25 | 8.3% | 0.8% | ||
| Q2 25 | 9.1% | -2.1% | ||
| Q1 25 | 7.7% | -5.7% | ||
| Q4 24 | 7.8% | -3.3% | ||
| Q3 24 | 6.9% | -3.4% | ||
| Q2 24 | 7.7% | -7.4% | ||
| Q1 24 | 8.6% | -8.2% |
净利率REZIROKU
| Q4 25 | 7.2% | 5.8% | ||
| Q3 25 | 8.4% | 2.0% | ||
| Q2 25 | -42.5% | 0.9% | ||
| Q1 25 | 0.3% | -2.7% | ||
| Q4 24 | 1.2% | -3.0% | ||
| Q3 24 | 1.1% | -0.9% | ||
| Q2 24 | 1.9% | -3.5% | ||
| Q1 24 | 2.9% | -5.8% |
每股收益（稀释后）REZIROKU
| Q4 25 | $0.99 | $0.55 | ||
| Q3 25 | $0.85 | $0.16 | ||
| Q2 25 | $-5.59 | $0.07 | ||
| Q1 25 | $-0.02 | $-0.19 | ||
| Q4 24 | $0.06 | $-0.24 | ||
| Q3 24 | $0.07 | $-0.06 | ||
| Q2 24 | $0.19 | $-0.24 | ||
| Q1 24 | $0.29 | $-0.35 |
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 | $661.0M | $2.3B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.9B | $2.7B |
| 总资产 | $8.4B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资REZIROKU
| Q4 25 | $661.0M | $2.3B | ||
| Q3 25 | $345.0M | $2.3B | ||
| Q2 25 | $753.0M | $2.3B | ||
| Q1 25 | $577.0M | $2.3B | ||
| Q4 24 | $692.0M | $2.2B | ||
| Q3 24 | $531.0M | $2.1B | ||
| Q2 24 | $413.0M | $2.1B | ||
| Q1 24 | $603.0M | $2.1B |
总债务REZIROKU
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $1.4B | — |
股东权益REZIROKU
| Q4 25 | $2.9B | $2.7B | ||
| Q3 25 | $2.8B | $2.6B | ||
| Q2 25 | $2.6B | $2.6B | ||
| Q1 25 | $3.3B | $2.5B | ||
| Q4 24 | $3.3B | $2.5B | ||
| Q3 24 | $3.4B | $2.5B | ||
| Q2 24 | $3.3B | $2.4B | ||
| Q1 24 | $2.8B | $2.4B |
总资产REZIROKU
| Q4 25 | $8.4B | $4.4B | ||
| Q3 25 | $8.2B | $4.4B | ||
| Q2 25 | $8.5B | $4.3B | ||
| Q1 25 | $8.1B | $4.2B | ||
| Q4 24 | $8.2B | $4.3B | ||
| Q3 24 | $8.1B | $4.3B | ||
| Q2 24 | $8.0B | $4.1B | ||
| Q1 24 | $6.5B | $4.2B |
负债/权益比REZIROKU
| Q4 25 | 1.11× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.60× | — | ||
| Q2 24 | 0.61× | — | ||
| Q1 24 | 0.51× | — |
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 | $299.0M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $262.0M | $106.6M |
| 自由现金流率自由现金流/营收 | 13.8% | 7.6% |
| 资本支出强度资本支出/营收 | 2.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.20× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $-1.3B | $478.4M |
8季度趋势，按日历期对齐
经营现金流REZIROKU
| Q4 25 | $299.0M | $107.7M | ||
| Q3 25 | $-1.6B | $127.6M | ||
| Q2 25 | $200.0M | $109.7M | ||
| Q1 25 | $-65.0M | $138.7M | ||
| Q4 24 | $203.0M | $79.3M | ||
| Q3 24 | $147.0M | $68.7M | ||
| Q2 24 | $92.0M | $23.4M | ||
| Q1 24 | $2.0M | $46.7M |
自由现金流REZIROKU
| Q4 25 | $262.0M | $106.6M | ||
| Q3 25 | $-1.6B | $126.5M | ||
| Q2 25 | $180.0M | $108.6M | ||
| Q1 25 | $-96.0M | $136.8M | ||
| Q4 24 | $181.0M | $76.8M | ||
| Q3 24 | $125.0M | $67.6M | ||
| Q2 24 | $77.0M | $22.5M | ||
| Q1 24 | $-19.0M | $46.0M |
自由现金流率REZIROKU
| Q4 25 | 13.8% | 7.6% | ||
| Q3 25 | -85.8% | 10.4% | ||
| Q2 25 | 9.3% | 9.8% | ||
| Q1 25 | -5.4% | 13.4% | ||
| Q4 24 | 9.7% | 6.4% | ||
| Q3 24 | 6.8% | 6.4% | ||
| Q2 24 | 4.8% | 2.3% | ||
| Q1 24 | -1.3% | 5.2% |
资本支出强度REZIROKU
| Q4 25 | 2.0% | 0.1% | ||
| Q3 25 | 1.5% | 0.1% | ||
| Q2 25 | 1.0% | 0.1% | ||
| Q1 25 | 1.8% | 0.2% | ||
| Q4 24 | 1.2% | 0.2% | ||
| Q3 24 | 1.2% | 0.1% | ||
| Q2 24 | 0.9% | 0.1% | ||
| Q1 24 | 1.4% | 0.1% |
现金转化率REZIROKU
| Q4 25 | 2.20× | 1.34× | ||
| Q3 25 | -10.07× | 5.14× | ||
| Q2 25 | — | 10.45× | ||
| Q1 25 | -10.83× | — | ||
| Q4 24 | 8.83× | — | ||
| Q3 24 | 7.35× | — | ||
| Q2 24 | 3.07× | — | ||
| Q1 24 | 0.05× | — |
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
REZI
| ADI Global Distribution Segment | $1.2B | 62% |
| Safety And Security | $257.0M | 14% |
| Air | $211.0M | 11% |
| Energy Service | $153.0M | 8% |
| Public Utilities Inventory Water | $91.0M | 5% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
