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Rivian Automotive, Inc.（RIVN）与TKO Group Holdings（TKO）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是TKO Group Holdings的1.2倍（$1.3B vs $1.0B），TKO Group Holdings净利率更高（-0.2% vs -63.1%，领先62.8%），TKO Group Holdings同比增速更快（61.6% vs -25.8%），过去两年TKO Group Holdings的营收复合增速更高（28.4% vs 3.3%）
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
TKO Group Holdings是美国体育及体育娱乐上市企业，成立于2023年9月12日，由奋进集团（Endeavor）子公司、终极格斗冠军赛（UFC）母公司Zuffa与职业摔跤品牌世界摔角娱乐（WWE）合并组建，主营综合格斗、职业摔跤赛事运营及相关娱乐内容业务。
RIVN vs TKO — 直观对比
营收规模更大
RIVN
是对方的1.2倍
$1.0B
营收增速更快
TKO
高出87.5%
-25.8%
净利率更高
TKO
高出62.8%
-63.1%
两年增速更快
TKO
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.0B |
| 净利润 | $-811.0M | $-2.4M |
| 毛利率 | 9.3% | — |
| 营业利润率 | -64.8% | 5.5% |
| 净利率 | -63.1% | -0.2% |
| 营收同比 | -25.8% | 61.6% |
| 净利润同比 | -9.0% | -107.7% |
| 每股收益（稀释后） | $-0.66 | $-0.07 |
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RIVNTKO
| Q4 25 | $1.3B | $1.0B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.7B | $642.2M | ||
| Q3 24 | $874.0M | $681.3M | ||
| Q2 24 | $1.2B | $851.2M | ||
| Q1 24 | $1.2B | $629.7M |
净利润RIVNTKO
| Q4 25 | $-811.0M | $-2.4M | ||
| Q3 25 | $-1.2B | $41.0M | ||
| Q2 25 | $-1.1B | $98.4M | ||
| Q1 25 | $-545.0M | $58.4M | ||
| Q4 24 | $-744.0M | $31.0M | ||
| Q3 24 | $-1.1B | $23.1M | ||
| Q2 24 | $-1.5B | $59.1M | ||
| Q1 24 | $-1.4B | $-103.8M |
毛利率RIVNTKO
| Q4 25 | 9.3% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | -15.8% | — | ||
| Q1 25 | 16.6% | — | ||
| Q4 24 | 9.8% | — | ||
| Q3 24 | -44.9% | — | ||
| Q2 24 | -38.9% | — | ||
| Q1 24 | -43.8% | — |
营业利润率RIVNTKO
| Q4 25 | -64.8% | 5.5% | ||
| Q3 25 | -63.1% | 15.4% | ||
| Q2 25 | -85.5% | 28.1% | ||
| Q1 25 | -52.8% | 18.7% | ||
| Q4 24 | -38.1% | 15.9% | ||
| Q3 24 | -133.8% | 20.0% | ||
| Q2 24 | -118.7% | 30.0% | ||
| Q1 24 | -123.3% | -33.4% |
净利率RIVNTKO
| Q4 25 | -63.1% | -0.2% | ||
| Q3 25 | -75.3% | 3.7% | ||
| Q2 25 | -85.7% | 7.5% | ||
| Q1 25 | -44.0% | 4.6% | ||
| Q4 24 | -42.9% | 4.8% | ||
| Q3 24 | -125.9% | 3.4% | ||
| Q2 24 | -125.8% | 6.9% | ||
| Q1 24 | -120.1% | -16.5% |
每股收益（稀释后）RIVNTKO
| Q4 25 | $-0.66 | $-0.07 | ||
| Q3 25 | $-0.96 | $0.47 | ||
| Q2 25 | $-0.97 | $1.17 | ||
| Q1 25 | $-0.48 | $0.69 | ||
| Q4 24 | $-0.67 | $0.28 | ||
| Q3 24 | $-1.08 | $0.28 | ||
| Q2 24 | $-1.46 | $0.72 | ||
| Q1 24 | $-1.48 | $-1.26 |
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 | $6.1B | $831.1M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $4.6B | $3.7B |
| 总资产 | $14.9B | $15.5B |
| 负债/权益比越低杠杆越低 | — | 1.01× |
8季度趋势，按日历期对齐
现金及短期投资RIVNTKO
| Q4 25 | $6.1B | $831.1M | ||
| Q3 25 | $7.1B | $861.4M | ||
| Q2 25 | $7.5B | $535.1M | ||
| Q1 25 | $7.2B | $470.9M | ||
| Q4 24 | $7.7B | $525.6M | ||
| Q3 24 | $6.7B | $457.4M | ||
| Q2 24 | $7.9B | $277.5M | ||
| Q1 24 | $7.9B | $245.8M |
总债务RIVNTKO
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $5.5B | $2.7B | ||
| Q1 24 | $4.4B | $2.7B |
股东权益RIVNTKO
| Q4 25 | $4.6B | $3.7B | ||
| Q3 25 | $5.1B | $3.8B | ||
| Q2 25 | $6.1B | $4.3B | ||
| Q1 25 | $6.2B | $4.2B | ||
| Q4 24 | $6.6B | $4.1B | ||
| Q3 24 | $5.9B | $4.0B | ||
| Q2 24 | $6.8B | $4.0B | ||
| Q1 24 | $8.1B | $4.0B |
总资产RIVNTKO
| Q4 25 | $14.9B | $15.5B | ||
| Q3 25 | $15.2B | $15.5B | ||
| Q2 25 | $15.6B | $15.3B | ||
| Q1 25 | $15.5B | $15.0B | ||
| Q4 24 | $15.4B | $12.7B | ||
| Q3 24 | $14.3B | $12.8B | ||
| Q2 24 | $15.4B | $12.7B | ||
| Q1 24 | $15.7B | $12.7B |
负债/权益比RIVNTKO
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | 0.81× | 0.68× | ||
| Q1 24 | 0.55× | 0.68× |
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 | $-681.0M | $309.9M |
| 自由现金流经营现金流 - 资本支出 | $-1.1B | — |
| 自由现金流率自由现金流/营收 | -89.0% | — |
| 资本支出强度资本支出/营收 | 36.0% | — |
| 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 | $-2.5B | — |
8季度趋势，按日历期对齐
经营现金流RIVNTKO
| Q4 25 | $-681.0M | $309.9M | ||
| Q3 25 | $26.0M | $416.8M | ||
| Q2 25 | $64.0M | $396.2M | ||
| Q1 25 | $-188.0M | $162.8M | ||
| Q4 24 | $1.2B | $56.8M | ||
| Q3 24 | $-876.0M | $236.5M | ||
| Q2 24 | $-754.0M | $230.7M | ||
| Q1 24 | $-1.3B | $59.3M |
自由现金流RIVNTKO
| Q4 25 | $-1.1B | — | ||
| Q3 25 | $-421.0M | — | ||
| Q2 25 | $-398.0M | — | ||
| Q1 25 | $-526.0M | — | ||
| Q4 24 | $856.0M | — | ||
| Q3 24 | $-1.2B | — | ||
| Q2 24 | $-1.0B | — | ||
| Q1 24 | $-1.5B | — |
自由现金流率RIVNTKO
| Q4 25 | -89.0% | — | ||
| Q3 25 | -27.0% | — | ||
| Q2 25 | -30.5% | — | ||
| Q1 25 | -42.4% | — | ||
| Q4 24 | 49.4% | — | ||
| Q3 24 | -131.9% | — | ||
| Q2 24 | -89.6% | — | ||
| Q1 24 | -126.5% | — |
资本支出强度RIVNTKO
| Q4 25 | 36.0% | — | ||
| Q3 25 | 28.7% | — | ||
| Q2 25 | 35.5% | — | ||
| Q1 25 | 27.3% | — | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 31.7% | — | ||
| Q2 24 | 24.4% | — | ||
| Q1 24 | 21.1% | — |
现金转化率RIVNTKO
| Q4 25 | — | — | ||
| Q3 25 | — | 10.16× | ||
| Q2 25 | — | 4.03× | ||
| Q1 25 | — | 2.79× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | — | 10.22× | ||
| Q2 24 | — | 3.90× | ||
| Q1 24 | — | — |
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
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
