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AIRGAIN INC（AIRG）与CarMax（KMX）财务数据对比。点击上方公司名可切换其他公司
CarMax的季度营收约是AIRGAIN INC的477.8倍（$5.8B vs $12.1M）。CarMax净利率更高（1.1% vs -20.1%，领先21.2%）。CarMax同比增速更快（-6.9% vs -19.6%）。CarMax自由现金流更多（$1.1B vs $93.0K）。过去两年CarMax的营收复合增速更高（1.5% vs -7.7%）
Airgain Inc是一家专业无线连接解决方案提供商，主要生产高性能天线、嵌入式无线模块及定制化连接系统，服务覆盖物联网、汽车电子、智能家居、企业网络及电信等核心领域，为各类联网设备提供稳定高速的无线连接支持。
CarMax是美国知名二手车零售企业，下设两大业务板块：零售运营业务与汽车金融服务。该品牌最初是电路城公司的副业项目，1993年9月在弗吉尼亚州里士满开设首家门店，截至2025年1月在全美共运营253家线下门店。
AIRG vs KMX — 直观对比
营收规模更大
KMX
是对方的477.8倍
$12.1M
营收增速更快
KMX
高出12.7%
-19.6%
净利率更高
KMX
高出21.2%
-20.1%
自由现金流更多
KMX
多$1.1B
$93.0K
两年增速更快
KMX
近两年复合增速
-7.7%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $12.1M | $5.8B |
| 净利润 | $-2.4M | $62.2M |
| 毛利率 | 44.8% | 10.2% |
| 营业利润率 | -20.0% | — |
| 净利率 | -20.1% | 1.1% |
| 营收同比 | -19.6% | -6.9% |
| 净利润同比 | -24.4% | -50.4% |
| 每股收益（稀释后） | $-0.21 | $0.43 |
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AIRGKMX
| Q4 25 | $12.1M | $5.8B | ||
| Q3 25 | $14.0M | $6.6B | ||
| Q2 25 | $13.6M | $7.5B | ||
| Q1 25 | $12.0M | $6.0B | ||
| Q4 24 | $15.1M | $6.2B | ||
| Q3 24 | $16.1M | $7.0B | ||
| Q2 24 | $15.2M | $7.1B | ||
| Q1 24 | $14.2M | $5.6B |
净利润AIRGKMX
| Q4 25 | $-2.4M | $62.2M | ||
| Q3 25 | $-964.0K | $95.4M | ||
| Q2 25 | $-1.5M | $210.4M | ||
| Q1 25 | $-1.5M | $89.9M | ||
| Q4 24 | $-2.0M | $125.4M | ||
| Q3 24 | $-1.8M | $132.8M | ||
| Q2 24 | $-2.5M | $152.4M | ||
| Q1 24 | $-2.5M | $50.3M |
毛利率AIRGKMX
| Q4 25 | 44.8% | 10.2% | ||
| Q3 25 | 43.6% | 10.9% | ||
| Q2 25 | 42.9% | 11.8% | ||
| Q1 25 | 43.0% | 11.1% | ||
| Q4 24 | 42.2% | 10.9% | ||
| Q3 24 | 41.7% | 10.8% | ||
| Q2 24 | 40.5% | 11.1% | ||
| Q1 24 | 39.2% | 10.4% |
营业利润率AIRGKMX
| Q4 25 | -20.0% | — | ||
| Q3 25 | -6.9% | — | ||
| Q2 25 | -14.7% | — | ||
| Q1 25 | -25.8% | 2.0% | ||
| Q4 24 | -13.1% | 2.7% | ||
| Q3 24 | -11.3% | 2.5% | ||
| Q2 24 | -16.5% | 2.9% | ||
| Q1 24 | -18.5% | 1.2% |
净利率AIRGKMX
| Q4 25 | -20.1% | 1.1% | ||
| Q3 25 | -6.9% | 1.4% | ||
| Q2 25 | -10.8% | 2.8% | ||
| Q1 25 | -12.9% | 1.5% | ||
| Q4 24 | -13.0% | 2.0% | ||
| Q3 24 | -10.9% | 1.9% | ||
| Q2 24 | -16.6% | 2.1% | ||
| Q1 24 | -17.3% | 0.9% |
每股收益（稀释后）AIRGKMX
| Q4 25 | $-0.21 | $0.43 | ||
| Q3 25 | $-0.08 | $0.64 | ||
| Q2 25 | $-0.12 | $1.38 | ||
| Q1 25 | $-0.13 | $0.58 | ||
| Q4 24 | $-0.17 | $0.81 | ||
| Q3 24 | $-0.16 | $0.85 | ||
| Q2 24 | $-0.23 | $0.97 | ||
| Q1 24 | $-0.23 | $0.31 |
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 | $7.4M | $204.9M |
| 总债务越低越好 | — | $16.6B |
| 股东权益账面价值 | $28.3M | $6.1B |
| 总资产 | $45.3M | $25.6B |
| 负债/权益比越低杠杆越低 | — | 2.74× |
8季度趋势，按日历期对齐
现金及短期投资AIRGKMX
| Q4 25 | $7.4M | $204.9M | ||
| Q3 25 | $7.1M | $540.4M | ||
| Q2 25 | $7.7M | $262.8M | ||
| Q1 25 | $7.4M | $247.0M | ||
| Q4 24 | $8.5M | $271.9M | ||
| Q3 24 | $7.3M | $524.7M | ||
| Q2 24 | $8.4M | $218.9M | ||
| Q1 24 | $7.2M | $574.1M |
总债务AIRGKMX
| Q4 25 | — | $16.6B | ||
| Q3 25 | — | $17.8B | ||
| Q2 25 | — | $18.0B | ||
| Q1 25 | — | $18.1B | ||
| Q4 24 | — | $18.1B | ||
| Q3 24 | — | $18.1B | ||
| Q2 24 | — | $18.2B | ||
| Q1 24 | — | $18.0B |
股东权益AIRGKMX
| Q4 25 | $28.3M | $6.1B | ||
| Q3 25 | $29.7M | $6.2B | ||
| Q2 25 | $29.8M | $6.3B | ||
| Q1 25 | $30.3M | $6.2B | ||
| Q4 24 | $31.0M | $6.2B | ||
| Q3 24 | $30.8M | $6.2B | ||
| Q2 24 | $31.6M | $6.2B | ||
| Q1 24 | $30.5M | $6.1B |
总资产AIRGKMX
| Q4 25 | $45.3M | $25.6B | ||
| Q3 25 | $45.5M | $27.1B | ||
| Q2 25 | $45.5M | $27.4B | ||
| Q1 25 | $46.1M | $27.4B | ||
| Q4 24 | $48.4M | $27.3B | ||
| Q3 24 | $43.3M | $27.3B | ||
| Q2 24 | $42.4M | $27.2B | ||
| Q1 24 | $42.8M | $27.2B |
负债/权益比AIRGKMX
| Q4 25 | — | 2.74× | ||
| Q3 25 | — | 2.87× | ||
| Q2 25 | — | 2.86× | ||
| Q1 25 | — | 2.91× | ||
| Q4 24 | — | 2.92× | ||
| Q3 24 | — | 2.93× | ||
| Q2 24 | — | 2.95× | ||
| Q1 24 | — | 2.96× |
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 | $194.0K | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $93.0K | $1.1B |
| 自由现金流率自由现金流/营收 | 0.8% | 19.2% |
| 资本支出强度资本支出/营收 | 0.8% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 20.14× |
| 过去12个月自由现金流最近4个季度 | $-1.3M | $1.9B |
8季度趋势，按日历期对齐
经营现金流AIRGKMX
| Q4 25 | $194.0K | $1.3B | ||
| Q3 25 | $-411.0K | $785.5M | ||
| Q2 25 | $129.0K | $299.5M | ||
| Q1 25 | $-1.0M | $146.4M | ||
| Q4 24 | $-26.0K | $-23.4M | ||
| Q3 24 | $-1.2M | $619.1M | ||
| Q2 24 | $-1.2M | $-117.7M | ||
| Q1 24 | $-1.1M | $309.6M |
自由现金流AIRGKMX
| Q4 25 | $93.0K | $1.1B | ||
| Q3 25 | $-418.0K | $654.0M | ||
| Q2 25 | $113.0K | $162.8M | ||
| Q1 25 | $-1.1M | $18.8M | ||
| Q4 24 | $-27.0K | $-150.6M | ||
| Q3 24 | $-1.2M | $509.9M | ||
| Q2 24 | $-1.3M | $-221.6M | ||
| Q1 24 | $-1.2M | $199.8M |
自由现金流率AIRGKMX
| Q4 25 | 0.8% | 19.2% | ||
| Q3 25 | -3.0% | 9.9% | ||
| Q2 25 | 0.8% | 2.2% | ||
| Q1 25 | -8.9% | 0.3% | ||
| Q4 24 | -0.2% | -2.4% | ||
| Q3 24 | -7.5% | 7.3% | ||
| Q2 24 | -8.5% | -3.1% | ||
| Q1 24 | -8.3% | 3.6% |
资本支出强度AIRGKMX
| Q4 25 | 0.8% | 2.4% | ||
| Q3 25 | 0.0% | 2.0% | ||
| Q2 25 | 0.1% | 1.8% | ||
| Q1 25 | 0.3% | 2.1% | ||
| Q4 24 | 0.0% | 2.0% | ||
| Q3 24 | 0.2% | 1.6% | ||
| Q2 24 | 0.6% | 1.5% | ||
| Q1 24 | 0.4% | 2.0% |
现金转化率AIRGKMX
| Q4 25 | — | 20.14× | ||
| Q3 25 | — | 8.24× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | -0.19× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | — | -0.77× | ||
| Q1 24 | — | 6.16× |
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
AIRG
暂无分部数据
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
