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ADAMAS TRUST, INC.（ADAM）与Heartflow, Inc.（HTFL）财务数据对比。点击上方公司名可切换其他公司
Heartflow, Inc.的季度营收约是ADAMAS TRUST, INC.的1.1倍（$46.3M vs $43.2M），ADAMAS TRUST, INC.净利率更高（124.0% vs -109.9%，领先233.9%），ADAMAS TRUST, INC.自由现金流更多（$125.9M vs $-4.2M）
Heartflow是一家专注于非侵入式心血管诊断解决方案的医疗科技企业，核心技术可通过CT扫描数据构建患者冠状动脉3D模型，评估血流状况以识别血管堵塞，辅助临床医生制定个性化心脏病诊疗方案，服务全球医疗机构。
ADAM vs HTFL — 直观对比
营收规模更大
HTFL
是对方的1.1倍
$43.2M
净利率更高
ADAM
高出233.9%
-109.9%
自由现金流更多
ADAM
多$130.1M
$-4.2M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.2M | $46.3M |
| 净利润 | $53.5M | $-50.9M |
| 毛利率 | — | 76.5% |
| 营业利润率 | — | -32.6% |
| 净利率 | 124.0% | -109.9% |
| 营收同比 | 61.6% | — |
| 净利润同比 | 270.5% | — |
| 每股收益（稀释后） | $0.45 | $-1.04 |
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ADAMHTFL
| Q4 25 | $43.2M | — | ||
| Q3 25 | $36.6M | $46.3M | ||
| Q2 25 | $36.4M | $43.4M | ||
| Q1 25 | $33.1M | — | ||
| Q4 24 | $26.7M | — | ||
| Q3 24 | $20.2M | — | ||
| Q2 24 | $19.0M | — | ||
| Q1 24 | $17.9M | — |
净利润ADAMHTFL
| Q4 25 | $53.5M | — | ||
| Q3 25 | $44.8M | $-50.9M | ||
| Q2 25 | $8.5M | $-9.2M | ||
| Q1 25 | $42.2M | — | ||
| Q4 24 | $-31.4M | — | ||
| Q3 24 | $42.8M | — | ||
| Q2 24 | $-15.6M | — | ||
| Q1 24 | $-57.9M | — |
毛利率ADAMHTFL
| Q4 25 | — | — | ||
| Q3 25 | — | 76.5% | ||
| Q2 25 | — | 75.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ADAMHTFL
| Q4 25 | — | — | ||
| Q3 25 | — | -32.6% | ||
| Q2 25 | 11.7% | -31.6% | ||
| Q1 25 | — | — | ||
| Q4 24 | -119.0% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -124.7% | — | ||
| Q1 24 | -448.8% | — |
净利率ADAMHTFL
| Q4 25 | 124.0% | — | ||
| Q3 25 | 122.5% | -109.9% | ||
| Q2 25 | 23.4% | -21.2% | ||
| Q1 25 | 127.4% | — | ||
| Q4 24 | -117.5% | — | ||
| Q3 24 | 211.7% | — | ||
| Q2 24 | -81.9% | — | ||
| Q1 24 | -324.1% | — |
每股收益（稀释后）ADAMHTFL
| Q4 25 | $0.45 | — | ||
| Q3 25 | $0.36 | $-1.04 | ||
| Q2 25 | $-0.04 | $-1.46 | ||
| Q1 25 | $0.33 | — | ||
| Q4 24 | $-0.46 | — | ||
| Q3 24 | $0.36 | — | ||
| Q2 24 | $-0.29 | — | ||
| Q1 24 | $-0.75 | — |
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 | $210.3M | $291.2M |
| 总债务越低越好 | $735.8M | — |
| 股东权益账面价值 | $1.4B | $254.6M |
| 总资产 | $12.6B | $364.4M |
| 负债/权益比越低杠杆越低 | 0.52× | — |
8季度趋势，按日历期对齐
现金及短期投资ADAMHTFL
| Q4 25 | $210.3M | — | ||
| Q3 25 | $185.3M | $291.2M | ||
| Q2 25 | $160.4M | $80.2M | ||
| Q1 25 | $177.1M | — | ||
| Q4 24 | $167.4M | — | ||
| Q3 24 | $195.1M | — | ||
| Q2 24 | $235.5M | — | ||
| Q1 24 | $226.9M | — |
总债务ADAMHTFL
| Q4 25 | $735.8M | — | ||
| Q3 25 | $766.6M | — | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | — | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
股东权益ADAMHTFL
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | $254.6M | ||
| Q2 25 | $1.4B | $-894.8M | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.5B | — |
总资产ADAMHTFL
| Q4 25 | $12.6B | — | ||
| Q3 25 | $12.4B | $364.4M | ||
| Q2 25 | $10.6B | $159.4M | ||
| Q1 25 | $10.0B | — | ||
| Q4 24 | $9.2B | — | ||
| Q3 24 | $8.9B | — | ||
| Q2 24 | $8.2B | — | ||
| Q1 24 | $7.4B | — |
负债/权益比ADAMHTFL
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
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 | $134.0M | $-3.0M |
| 自由现金流经营现金流 - 资本支出 | $125.9M | $-4.2M |
| 自由现金流率自由现金流/营收 | 291.6% | -9.1% |
| 资本支出强度资本支出/营收 | 18.9% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.50× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ADAMHTFL
| Q4 25 | $134.0M | — | ||
| Q3 25 | $6.9M | $-3.0M | ||
| Q2 25 | $39.2M | $-40.5M | ||
| Q1 25 | $25.8M | — | ||
| Q4 24 | $14.1M | — | ||
| Q3 24 | $-922.0K | — | ||
| Q2 24 | $-993.0K | — | ||
| Q1 24 | $-13.1M | — |
自由现金流ADAMHTFL
| Q4 25 | $125.9M | — | ||
| Q3 25 | — | $-4.2M | ||
| Q2 25 | — | $-42.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | $-10.6M | — | ||
| Q3 24 | $-8.6M | — | ||
| Q2 24 | $-8.6M | — | ||
| Q1 24 | $-19.1M | — |
自由现金流率ADAMHTFL
| Q4 25 | 291.6% | — | ||
| Q3 25 | — | -9.1% | ||
| Q2 25 | — | -97.6% | ||
| Q1 25 | — | — | ||
| Q4 24 | -39.6% | — | ||
| Q3 24 | -42.3% | — | ||
| Q2 24 | -44.9% | — | ||
| Q1 24 | -107.0% | — |
资本支出强度ADAMHTFL
| Q4 25 | 18.9% | — | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | 92.3% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 39.7% | — | ||
| Q1 24 | 33.5% | — |
现金转化率ADAMHTFL
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| 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
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
HTFL
暂无分部数据
