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C3.ai, Inc.（AI）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是C3.ai, Inc.的2.5倍（$188.4M vs $75.1M），FTAI Infrastructure Inc.净利率更高（-79.7% vs -139.3%，领先59.6%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -20.3%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs -2.1%）
C3.ai是全球领先的企业级人工智能软件供应商，主要开发销售可扩展的AI应用、平台工具及垂直行业定制解决方案，服务覆盖制造、能源、金融、医疗、公共部门等领域，助力客户优化运营、降本增效、管控风险，实现数据驱动的业务决策。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
AI vs FIP — 直观对比
营收规模更大
FIP
是对方的2.5倍
$75.1M
营收增速更快
FIP
高出116.2%
-20.3%
净利率更高
FIP
高出59.6%
-139.3%
两年增速更快
FIP
近两年复合增速
-2.1%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $188.4M |
| 净利润 | $-104.7M | $-150.2M |
| 毛利率 | 40.4% | — |
| 营业利润率 | -149.2% | — |
| 净利率 | -139.3% | -79.7% |
| 营收同比 | -20.3% | 95.9% |
| 净利润同比 | -58.7% | -387.6% |
| 每股收益（稀释后） | $-0.75 | $-1.32 |
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AIFIP
| Q1 26 | — | $188.4M | ||
| Q4 25 | $75.1M | $143.5M | ||
| Q3 25 | $70.3M | $140.6M | ||
| Q2 25 | $108.7M | $122.3M | ||
| Q1 25 | $98.8M | $96.2M | ||
| Q4 24 | $94.3M | $80.8M | ||
| Q3 24 | $87.2M | $83.3M | ||
| Q2 24 | $86.6M | $84.9M |
净利润AIFIP
| Q1 26 | — | $-150.2M | ||
| Q4 25 | $-104.7M | $-97.7M | ||
| Q3 25 | $-116.8M | $-104.5M | ||
| Q2 25 | $-79.7M | $-70.0M | ||
| Q1 25 | $-80.2M | $120.2M | ||
| Q4 24 | $-66.0M | $-124.7M | ||
| Q3 24 | $-62.8M | $-43.0M | ||
| Q2 24 | $-72.9M | $-48.1M |
毛利率AIFIP
| Q1 26 | — | — | ||
| Q4 25 | 40.4% | — | ||
| Q3 25 | 37.6% | — | ||
| Q2 25 | 62.1% | — | ||
| Q1 25 | 59.1% | — | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 59.8% | — | ||
| Q2 24 | 59.6% | — |
营业利润率AIFIP
| Q1 26 | — | — | ||
| Q4 25 | -149.2% | -45.7% | ||
| Q3 25 | -177.7% | -70.8% | ||
| Q2 25 | -81.8% | -56.4% | ||
| Q1 25 | -88.7% | 81.8% | ||
| Q4 24 | -79.8% | -152.7% | ||
| Q3 24 | -83.2% | -51.7% | ||
| Q2 24 | -95.1% | -56.4% |
净利率AIFIP
| Q1 26 | — | -79.7% | ||
| Q4 25 | -139.3% | -68.1% | ||
| Q3 25 | -166.2% | -74.4% | ||
| Q2 25 | -73.3% | -57.2% | ||
| Q1 25 | -81.2% | 125.0% | ||
| Q4 24 | -69.9% | -154.4% | ||
| Q3 24 | -72.0% | -51.6% | ||
| Q2 24 | -84.2% | -56.7% |
每股收益（稀释后）AIFIP
| Q1 26 | — | $-1.32 | ||
| Q4 25 | $-0.75 | $-1.04 | ||
| Q3 25 | $-0.86 | $-1.38 | ||
| Q2 25 | $-0.60 | $-0.73 | ||
| Q1 25 | $-0.62 | $0.89 | ||
| Q4 24 | $-0.52 | $-1.21 | ||
| Q3 24 | $-0.50 | $-0.45 | ||
| Q2 24 | $-0.59 | $-0.52 |
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 | $675.0M | $37.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $771.9M | $-122.5K |
| 总资产 | $961.3M | $5.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AIFIP
| Q1 26 | — | $37.9M | ||
| Q4 25 | $675.0M | $57.4M | ||
| Q3 25 | $711.9M | $34.7M | ||
| Q2 25 | $742.7M | $33.6M | ||
| Q1 25 | $724.3M | $26.3M | ||
| Q4 24 | $730.4M | $27.8M | ||
| Q3 24 | $762.5M | $20.3M | ||
| Q2 24 | $750.4M | $33.1M |
总债务AIFIP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B |
股东权益AIFIP
| Q1 26 | — | $-122.5K | ||
| Q4 25 | $771.9M | $21.3M | ||
| Q3 25 | $798.8M | $181.1M | ||
| Q2 25 | $838.3M | $375.5M | ||
| Q1 25 | $860.2M | $476.2M | ||
| Q4 24 | $859.0M | $202.7M | ||
| Q3 24 | $874.9M | $370.8M | ||
| Q2 24 | $873.4M | $394.8M |
总资产AIFIP
| Q1 26 | — | $5.7B | ||
| Q4 25 | $961.3M | $5.7B | ||
| Q3 25 | $968.7M | $5.5B | ||
| Q2 25 | $1.0B | $4.4B | ||
| Q1 25 | $1.1B | $4.1B | ||
| Q4 24 | $1.0B | $2.4B | ||
| Q3 24 | $1.1B | $2.4B | ||
| Q2 24 | $1.0B | $2.5B |
负债/权益比AIFIP
| Q1 26 | — | — | ||
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× |
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 | $-46.5M | $-69.4M |
| 自由现金流经营现金流 - 资本支出 | $-46.9M | — |
| 自由现金流率自由现金流/营收 | -62.4% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 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 | $-93.2M | — |
8季度趋势，按日历期对齐
经营现金流AIFIP
| Q1 26 | — | $-69.4M | ||
| Q4 25 | $-46.5M | $-2.8M | ||
| Q3 25 | $-33.5M | $-24.4M | ||
| Q2 25 | $11.3M | $-5.2M | ||
| Q1 25 | $-22.0M | $-85.7M | ||
| Q4 24 | $-38.7M | $-8.1M | ||
| Q3 24 | $8.0M | $14.2M | ||
| Q2 24 | $21.3M | $-17.6M |
自由现金流AIFIP
| Q1 26 | — | — | ||
| Q4 25 | $-46.9M | $-68.6M | ||
| Q3 25 | $-34.3M | $-90.7M | ||
| Q2 25 | $10.3M | $-87.5M | ||
| Q1 25 | $-22.4M | $-151.7M | ||
| Q4 24 | $-39.5M | $-34.3M | ||
| Q3 24 | $7.1M | $-11.7M | ||
| Q2 24 | $18.8M | $-32.1M |
自由现金流率AIFIP
| Q1 26 | — | — | ||
| Q4 25 | -62.4% | -47.8% | ||
| Q3 25 | -48.8% | -64.5% | ||
| Q2 25 | 9.5% | -71.6% | ||
| Q1 25 | -22.7% | -157.7% | ||
| Q4 24 | -41.9% | -42.4% | ||
| Q3 24 | 8.2% | -14.0% | ||
| Q2 24 | 21.7% | -37.9% |
资本支出强度AIFIP
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 45.9% | ||
| Q3 25 | 1.1% | 47.2% | ||
| Q2 25 | 0.9% | 67.3% | ||
| Q1 25 | 0.4% | 68.6% | ||
| Q4 24 | 0.9% | 32.5% | ||
| Q3 24 | 1.1% | 31.1% | ||
| Q2 24 | 2.9% | 17.2% |
现金转化率AIFIP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
FIP
暂无分部数据
