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Take-Two Interactive（TTWO）与威富集团（VFC）财务数据对比。点击上方公司名可切换其他公司
威富集团的季度营收约是Take-Two Interactive的1.7倍（$2.9B vs $1.7B），威富集团净利率更高（10.5% vs -5.5%，领先15.9%），Take-Two Interactive同比增速更快（24.9% vs 1.5%），威富集团自由现金流更多（$977.9M vs $236.2M），过去两年Take-Two Interactive的营收复合增速更高（10.2% vs 10.1%）
Take-Two Interactive是总部位于美国纽约的电子游戏控股企业，由瑞安·布兰特于1993年9月创立，在全球互动娱乐领域拥有较高影响力，业务覆盖游戏研发、发行与运营等核心环节。
威富集团前身为F.W.伍尔沃斯公司，是全球知名零售企业，也是五分一角平价商店业态的先驱之一。作为美国乃至全球最成功的平价零售企业之一，它曾引领行业发展潮流，构建了如今全球各地门店普遍遵循的现代零售模式。
TTWO vs VFC — 直观对比
营收规模更大
VFC
是对方的1.7倍
$1.7B
营收增速更快
TTWO
高出23.5%
1.5%
净利率更高
VFC
高出15.9%
-5.5%
自由现金流更多
VFC
多$741.7M
$236.2M
两年增速更快
TTWO
近两年复合增速
10.1%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.9B |
| 净利润 | $-92.9M | $300.8M |
| 毛利率 | 55.7% | 56.6% |
| 营业利润率 | -2.3% | 10.1% |
| 净利率 | -5.5% | 10.5% |
| 营收同比 | 24.9% | 1.5% |
| 净利润同比 | 25.8% | 79.3% |
| 每股收益（稀释后） | $-0.50 | $0.76 |
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TTWOVFC
| Q4 25 | $1.7B | $2.9B | ||
| Q3 25 | $1.8B | $2.8B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.6B | $2.0B | ||
| Q4 24 | $1.4B | $2.8B | ||
| Q3 24 | $1.4B | $2.8B | ||
| Q2 24 | $1.3B | $1.9B | ||
| Q1 24 | $1.4B | $2.4B |
净利润TTWOVFC
| Q4 25 | $-92.9M | $300.8M | ||
| Q3 25 | $-133.9M | $189.8M | ||
| Q2 25 | $-11.9M | $-116.4M | ||
| Q1 25 | $-3.7B | $-150.8M | ||
| Q4 24 | $-125.2M | $167.8M | ||
| Q3 24 | $-365.5M | $52.2M | ||
| Q2 24 | $-262.0M | $-258.9M | ||
| Q1 24 | $-2.9B | $-418.3M |
毛利率TTWOVFC
| Q4 25 | 55.7% | 56.6% | ||
| Q3 25 | 55.3% | 52.2% | ||
| Q2 25 | 62.8% | 53.9% | ||
| Q1 25 | 50.8% | 52.7% | ||
| Q4 24 | 55.9% | 56.3% | ||
| Q3 24 | 53.8% | 52.2% | ||
| Q2 24 | 57.6% | 52.0% | ||
| Q1 24 | 33.5% | 48.4% |
营业利润率TTWOVFC
| Q4 25 | -2.3% | 10.1% | ||
| Q3 25 | -5.5% | 11.2% | ||
| Q2 25 | 1.4% | -4.9% | ||
| Q1 25 | -238.7% | 2.2% | ||
| Q4 24 | -9.7% | 8.0% | ||
| Q3 24 | -22.0% | 9.9% | ||
| Q2 24 | -13.8% | -12.6% | ||
| Q1 24 | -193.9% | -15.0% |
净利率TTWOVFC
| Q4 25 | -5.5% | 10.5% | ||
| Q3 25 | -7.5% | 6.8% | ||
| Q2 25 | -0.8% | -6.6% | ||
| Q1 25 | -235.5% | -7.5% | ||
| Q4 24 | -9.2% | 5.9% | ||
| Q3 24 | -27.0% | 1.9% | ||
| Q2 24 | -19.6% | -13.6% | ||
| Q1 24 | -207.4% | -17.6% |
每股收益（稀释后）TTWOVFC
| Q4 25 | $-0.50 | $0.76 | ||
| Q3 25 | $-0.73 | $0.48 | ||
| Q2 25 | $-0.07 | $-0.30 | ||
| Q1 25 | $-21.27 | $-0.37 | ||
| Q4 24 | $-0.71 | $0.43 | ||
| Q3 24 | $-2.08 | $0.13 | ||
| Q2 24 | $-1.52 | $-0.67 | ||
| Q1 24 | $-17.05 | $-1.07 |
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 | $2.4B | $1.5B |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $3.5B | $1.8B |
| 总资产 | $10.0B | $10.4B |
| 负债/权益比越低杠杆越低 | — | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资TTWOVFC
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | $2.1B | $419.1M | ||
| Q2 25 | $2.0B | $642.4M | ||
| Q1 25 | $1.5B | $429.4M | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $879.6M | $492.2M | ||
| Q2 24 | $1.1B | $637.4M | ||
| Q1 24 | $776.0M | $674.6M |
总债务TTWOVFC
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $4.7B |
股东权益TTWOVFC
| Q4 25 | $3.5B | $1.8B | ||
| Q3 25 | $3.4B | $1.5B | ||
| Q2 25 | $3.5B | $1.3B | ||
| Q1 25 | $2.1B | $1.5B | ||
| Q4 24 | $5.7B | $1.7B | ||
| Q3 24 | $5.8B | $1.4B | ||
| Q2 24 | $6.0B | $1.4B | ||
| Q1 24 | $5.7B | $1.7B |
总资产TTWOVFC
| Q4 25 | $10.0B | $10.4B | ||
| Q3 25 | $10.1B | $10.6B | ||
| Q2 25 | $9.7B | $10.2B | ||
| Q1 25 | $9.2B | $9.4B | ||
| Q4 24 | $12.7B | $10.6B | ||
| Q3 24 | $13.1B | $12.2B | ||
| Q2 24 | $12.9B | $11.5B | ||
| Q1 24 | $12.2B | $11.6B |
负债/权益比TTWOVFC
| Q4 25 | — | 1.99× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.76× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 2.86× | ||
| Q2 24 | — | 2.84× | ||
| Q1 24 | — | 2.84× |
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 | $305.2M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $236.2M | $977.9M |
| 自由现金流率自由现金流/营收 | 13.9% | 34.0% |
| 资本支出强度资本支出/营收 | 4.1% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 3.36× |
| 过去12个月自由现金流最近4个季度 | $487.8M | $357.6M |
8季度趋势，按日历期对齐
经营现金流TTWOVFC
| Q4 25 | $305.2M | $1.0B | ||
| Q3 25 | $128.4M | $-227.0M | ||
| Q2 25 | $-44.7M | $-145.5M | ||
| Q1 25 | $279.0M | $-171.1M | ||
| Q4 24 | $-4.8M | $918.1M | ||
| Q3 24 | $-128.4M | $-301.6M | ||
| Q2 24 | $-191.0M | $19.8M | ||
| Q1 24 | $-8.9M | — |
自由现金流TTWOVFC
| Q4 25 | $236.2M | $977.9M | ||
| Q3 25 | $96.5M | $-253.5M | ||
| Q2 25 | $-69.8M | $-173.7M | ||
| Q1 25 | $224.9M | $-193.0M | ||
| Q4 24 | $-48.2M | $899.7M | ||
| Q3 24 | $-165.2M | $-322.4M | ||
| Q2 24 | $-226.1M | $-5.4M | ||
| Q1 24 | $-55.1M | — |
自由现金流率TTWOVFC
| Q4 25 | 13.9% | 34.0% | ||
| Q3 25 | 5.4% | -9.0% | ||
| Q2 25 | -4.6% | -9.9% | ||
| Q1 25 | 14.2% | -9.6% | ||
| Q4 24 | -3.5% | 31.7% | ||
| Q3 24 | -12.2% | -11.7% | ||
| Q2 24 | -16.9% | -0.3% | ||
| Q1 24 | -3.9% | — |
资本支出强度TTWOVFC
| Q4 25 | 4.1% | 1.1% | ||
| Q3 25 | 1.8% | 0.9% | ||
| Q2 25 | 1.7% | 1.6% | ||
| Q1 25 | 3.4% | 1.1% | ||
| Q4 24 | 3.2% | 0.6% | ||
| Q3 24 | 2.7% | 0.8% | ||
| Q2 24 | 2.6% | 1.3% | ||
| Q1 24 | 3.3% | — |
现金转化率TTWOVFC
| Q4 25 | — | 3.36× | ||
| Q3 25 | — | -1.20× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.47× | ||
| Q3 24 | — | -5.78× | ||
| Q2 24 | — | — | ||
| 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
TTWO
暂无分部数据
VFC
| Outdoor | $1.9B | 67% |
| Sales Channel Through Intermediary | $813.4M | 28% |
| Other | $136.3M | 5% |
