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ACACIA RESEARCH CORP（ACTG）与SYPRIS SOLUTIONS INC（SYPR）财务数据对比。点击上方公司名可切换其他公司
ACACIA RESEARCH CORP的季度营收约是SYPRIS SOLUTIONS INC的1.7倍（$50.1M vs $30.3M），ACACIA RESEARCH CORP净利率更高（6.8% vs -12.9%，领先19.7%），ACACIA RESEARCH CORP同比增速更快（2.6% vs -9.5%），过去两年ACACIA RESEARCH CORP的营收复合增速更高（43.6% vs -7.7%）
槐亚研究公司是一家总部位于纽约市的美国上市企业，在科技、能源以及工业制造领域开展业务收购与运营工作。该公司与控股股东斯塔博德价值投资合伙企业保持战略伙伴关系，这家企业在业内常被归类为专利流氓。
SYPRIS SOLUTIONS INC是美国的工程制造服务商，面向航空航天、国防、汽车、商用工业领域，提供定制化制造、性能测试及增值工程支持服务，满足全球企业客户关键任务系统及部件的相关需求。
ACTG vs SYPR — 直观对比
营收规模更大
ACTG
是对方的1.7倍
$30.3M
营收增速更快
ACTG
高出12.1%
-9.5%
净利率更高
ACTG
高出19.7%
-12.9%
两年增速更快
ACTG
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $50.1M | $30.3M |
| 净利润 | $3.4M | $-3.9M |
| 毛利率 | 12.8% | 4.6% |
| 营业利润率 | -26.1% | -10.9% |
| 净利率 | 6.8% | -12.9% |
| 营收同比 | 2.6% | -9.5% |
| 净利润同比 | 125.5% | -2992.6% |
| 每股收益（稀释后） | $0.03 | $-0.17 |
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ACTGSYPR
| Q4 25 | $50.1M | $30.3M | ||
| Q3 25 | $59.4M | $28.7M | ||
| Q2 25 | $51.2M | $31.4M | ||
| Q1 25 | $124.4M | $29.5M | ||
| Q4 24 | $48.8M | $33.4M | ||
| Q3 24 | $23.3M | $35.7M | ||
| Q2 24 | $25.8M | $35.5M | ||
| Q1 24 | $24.3M | $35.6M |
净利润ACTGSYPR
| Q4 25 | $3.4M | $-3.9M | ||
| Q3 25 | $-2.7M | $517.0K | ||
| Q2 25 | $-3.3M | $-2.1M | ||
| Q1 25 | $24.3M | $-899.0K | ||
| Q4 24 | $-13.4M | $135.0K | ||
| Q3 24 | $-14.0M | $390.0K | ||
| Q2 24 | $-8.4M | $16.0K | ||
| Q1 24 | $-186.0K | $-2.2M |
毛利率ACTGSYPR
| Q4 25 | 12.8% | 4.6% | ||
| Q3 25 | 21.2% | 7.2% | ||
| Q2 25 | 12.8% | 8.2% | ||
| Q1 25 | 47.4% | 11.4% | ||
| Q4 24 | 17.6% | 16.1% | ||
| Q3 24 | 10.1% | 16.8% | ||
| Q2 24 | 26.2% | 15.9% | ||
| Q1 24 | 49.2% | 8.1% |
营业利润率ACTGSYPR
| Q4 25 | -26.1% | -10.9% | ||
| Q3 25 | -10.8% | -6.1% | ||
| Q2 25 | -24.2% | -4.6% | ||
| Q1 25 | 30.8% | -0.4% | ||
| Q4 24 | -32.4% | 3.9% | ||
| Q3 24 | -44.1% | 4.8% | ||
| Q2 24 | -18.4% | 3.6% | ||
| Q1 24 | -8.6% | -3.9% |
净利率ACTGSYPR
| Q4 25 | 6.8% | -12.9% | ||
| Q3 25 | -4.6% | 1.8% | ||
| Q2 25 | -6.4% | -6.5% | ||
| Q1 25 | 19.5% | -3.0% | ||
| Q4 24 | -27.5% | 0.4% | ||
| Q3 24 | -60.0% | 1.1% | ||
| Q2 24 | -32.7% | 0.0% | ||
| Q1 24 | -0.8% | -6.2% |
每股收益（稀释后）ACTGSYPR
| Q4 25 | $0.03 | $-0.17 | ||
| Q3 25 | $-0.03 | $0.02 | ||
| Q2 25 | $-0.03 | $-0.09 | ||
| Q1 25 | $0.25 | $-0.04 | ||
| Q4 24 | $-0.14 | $0.00 | ||
| Q3 24 | $-0.14 | $0.02 | ||
| Q2 24 | $-0.08 | $0.00 | ||
| Q1 24 | $0.00 | $-0.10 |
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 | $306.7M | — |
| 总债务越低越好 | $91.9M | — |
| 股东权益账面价值 | $543.5M | $17.8M |
| 总资产 | $771.0M | $107.8M |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资ACTGSYPR
| Q4 25 | $306.7M | — | ||
| Q3 25 | $301.8M | — | ||
| Q2 25 | $316.7M | — | ||
| Q1 25 | $272.0M | — | ||
| Q4 24 | $273.9M | — | ||
| Q3 24 | $410.9M | — | ||
| Q2 24 | $441.9M | — | ||
| Q1 24 | $498.4M | — |
总债务ACTGSYPR
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACTGSYPR
| Q4 25 | $543.5M | $17.8M | ||
| Q3 25 | $537.6M | $20.0M | ||
| Q2 25 | $538.6M | $18.7M | ||
| Q1 25 | $540.2M | $19.0M | ||
| Q4 24 | $514.8M | $19.6M | ||
| Q3 24 | $540.2M | $18.2M | ||
| Q2 24 | $560.7M | $19.0M | ||
| Q1 24 | $568.3M | $20.8M |
总资产ACTGSYPR
| Q4 25 | $771.0M | $107.8M | ||
| Q3 25 | $768.9M | $112.5M | ||
| Q2 25 | $775.5M | $105.8M | ||
| Q1 25 | $801.6M | $110.2M | ||
| Q4 24 | $756.4M | $119.4M | ||
| Q3 24 | $707.6M | $121.6M | ||
| Q2 24 | $753.6M | $124.2M | ||
| Q1 24 | $631.7M | $129.0M |
负债/权益比ACTGSYPR
| Q4 25 | 0.17× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $75.2M | $-1.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.5M |
| 自由现金流率自由现金流/营收 | — | -5.0% |
| 资本支出强度资本支出/营收 | — | 1.3% |
| 现金转化率经营现金流/净利润 | 22.01× | — |
| 过去12个月自由现金流最近4个季度 | — | $-6.5M |
8季度趋势，按日历期对齐
经营现金流ACTGSYPR
| Q4 25 | $75.2M | $-1.1M | ||
| Q3 25 | $9.5M | $-178.0K | ||
| Q2 25 | $50.1M | $1.1M | ||
| Q1 25 | $2.4M | $-5.5M | ||
| Q4 24 | $50.1M | $2.3M | ||
| Q3 24 | $-593.0K | $-4.8M | ||
| Q2 24 | $16.1M | $6.2M | ||
| Q1 24 | $54.8M | $-1.7M |
自由现金流ACTGSYPR
| Q4 25 | — | $-1.5M | ||
| Q3 25 | — | $-390.0K | ||
| Q2 25 | — | $941.0K | ||
| Q1 25 | $335.0K | $-5.5M | ||
| Q4 24 | $-98.5M | $1.9M | ||
| Q3 24 | $-2.8M | $-4.9M | ||
| Q2 24 | $-126.7M | $6.0M | ||
| Q1 24 | $54.6M | $-2.0M |
自由现金流率ACTGSYPR
| Q4 25 | — | -5.0% | ||
| Q3 25 | — | -1.4% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | 0.3% | -18.8% | ||
| Q4 24 | -201.8% | 5.7% | ||
| Q3 24 | -12.1% | -13.8% | ||
| Q2 24 | -490.5% | 16.8% | ||
| Q1 24 | 224.4% | -5.7% |
资本支出强度ACTGSYPR
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | 1.7% | 0.0% | ||
| Q4 24 | 304.4% | 1.2% | ||
| Q3 24 | 9.6% | 0.4% | ||
| Q2 24 | 553.0% | 0.5% | ||
| Q1 24 | 1.1% | 0.9% |
现金转化率ACTGSYPR
| Q4 25 | 22.01× | — | ||
| Q3 25 | — | -0.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | — | -12.21× | ||
| Q2 24 | — | 385.25× | ||
| 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
ACTG
| Energy Operations | $16.0M | 32% |
| Transportation Safety | $10.4M | 21% |
| Office Storage And Display Solutions | $8.4M | 17% |
| Printers Consumables And Parts | $6.5M | 13% |
| Natural Gas Reserves | $5.1M | 10% |
| Natural Gas Liquids Reserves | $3.3M | 7% |
SYPR
| Sypris Electronics | $17.7M | 59% |
| Transferred At Point In Time | $12.5M | 41% |
