vs
三菱重工（AIRI）与Digimarc CORP（DMRC）财务数据对比。点击上方公司名可切换其他公司
三菱重工的季度营收约是Digimarc CORP的1.4倍（$12.8M vs $8.9M），三菱重工净利率更高（1.2% vs -47.2%，领先48.4%），Digimarc CORP同比增速更快（2.9% vs -14.1%），Digimarc CORP自由现金流更多（$895.0K vs $-902.0K），过去两年三菱重工的营收复合增速更高（-4.5% vs -5.3%）
三菱重工業是总部位于日本东京的跨国综合工程企业，业务涵盖工程建设、电气设备与电子制造等领域，是三菱集团的核心企业之一，其原汽车事业部也是三菱汽车的前身。
迪吉马克公司是一家企业软件与服务提供商，其主打产品包含带数字标识符的软件，主要用于解决防伪问题、验证产品真伪、提升回收准确性以及实现供应链可追溯，产品可广泛应用于服装、快消品、美妆健康、汽车等多个行业领域。
AIRI vs DMRC — 直观对比
营收规模更大
AIRI
是对方的1.4倍
$8.9M
营收增速更快
DMRC
高出17.0%
-14.1%
净利率更高
AIRI
高出48.4%
-47.2%
自由现金流更多
DMRC
多$1.8M
$-902.0K
两年增速更快
AIRI
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $12.8M | $8.9M |
| 净利润 | $149.0K | $-4.2M |
| 毛利率 | 14.3% | 63.5% |
| 营业利润率 | 0.7% | -48.2% |
| 净利率 | 1.2% | -47.2% |
| 营收同比 | -14.1% | 2.9% |
| 净利润同比 | 126.9% | 51.4% |
| 每股收益（稀释后） | $0.08 | $-0.18 |
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AIRIDMRC
| Q4 25 | $12.8M | $8.9M | ||
| Q3 25 | $10.3M | $7.6M | ||
| Q2 25 | $12.7M | $8.0M | ||
| Q1 25 | $12.1M | $9.4M | ||
| Q4 24 | $14.9M | $8.7M | ||
| Q3 24 | $12.6M | $9.4M | ||
| Q2 24 | $13.6M | $10.4M | ||
| Q1 24 | $14.1M | $9.9M |
净利润AIRIDMRC
| Q4 25 | $149.0K | $-4.2M | ||
| Q3 25 | $-44.0K | $-8.2M | ||
| Q2 25 | $-422.0K | $-8.2M | ||
| Q1 25 | $-988.0K | $-11.7M | ||
| Q4 24 | $-554.0K | $-8.6M | ||
| Q3 24 | $-404.0K | $-10.8M | ||
| Q2 24 | $298.0K | $-9.3M | ||
| Q1 24 | $-706.0K | $-10.3M |
毛利率AIRIDMRC
| Q4 25 | 14.3% | 63.5% | ||
| Q3 25 | 22.3% | 58.3% | ||
| Q2 25 | 16.0% | 58.8% | ||
| Q1 25 | 16.8% | 65.0% | ||
| Q4 24 | 16.4% | 60.8% | ||
| Q3 24 | 15.5% | 62.4% | ||
| Q2 24 | 19.5% | 66.1% | ||
| Q1 24 | 13.6% | 62.5% |
营业利润率AIRIDMRC
| Q4 25 | 0.7% | -48.2% | ||
| Q3 25 | 3.1% | -109.7% | ||
| Q2 25 | 0.1% | -105.2% | ||
| Q1 25 | -6.1% | -128.9% | ||
| Q4 24 | -0.7% | -105.1% | ||
| Q3 24 | 0.5% | -120.4% | ||
| Q2 24 | 5.5% | -96.2% | ||
| Q1 24 | -1.8% | -109.2% |
净利率AIRIDMRC
| Q4 25 | 1.2% | -47.2% | ||
| Q3 25 | -0.4% | -106.9% | ||
| Q2 25 | -3.3% | -102.6% | ||
| Q1 25 | -8.1% | -125.2% | ||
| Q4 24 | -3.7% | -99.9% | ||
| Q3 24 | -3.2% | -113.9% | ||
| Q2 24 | 2.2% | -89.3% | ||
| Q1 24 | -5.0% | -104.0% |
每股收益（稀释后）AIRIDMRC
| Q4 25 | $0.08 | $-0.18 | ||
| Q3 25 | $-0.01 | $-0.38 | ||
| Q2 25 | $-0.11 | $-0.38 | ||
| Q1 25 | $-0.27 | $-0.55 | ||
| Q4 24 | $-0.16 | $-0.40 | ||
| Q3 24 | $-0.12 | $-0.50 | ||
| Q2 24 | $0.08 | $-0.43 | ||
| Q1 24 | $-0.21 | $-0.50 |
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 | — | $12.9M |
| 总债务越低越好 | $5.9M | — |
| 股东权益账面价值 | $19.2M | $40.2M |
| 总资产 | $58.3M | $53.0M |
| 负债/权益比越低杠杆越低 | 0.30× | — |
8季度趋势，按日历期对齐
现金及短期投资AIRIDMRC
| Q4 25 | — | $12.9M | ||
| Q3 25 | — | $12.6M | ||
| Q2 25 | — | $16.1M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | — | $28.7M | ||
| Q3 24 | $186.0K | $33.7M | ||
| Q2 24 | — | $41.5M | ||
| Q1 24 | $225.0K | $48.9M |
总债务AIRIDMRC
| Q4 25 | $5.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $6.4M | — | ||
| Q1 25 | $6.6M | — | ||
| Q4 24 | $5.2M | — | ||
| Q3 24 | $5.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $4.9M | — |
股东权益AIRIDMRC
| Q4 25 | $19.2M | $40.2M | ||
| Q3 25 | $18.8M | $41.4M | ||
| Q2 25 | $15.3M | $46.5M | ||
| Q1 25 | $15.3M | $50.0M | ||
| Q4 24 | $14.9M | $61.4M | ||
| Q3 24 | $14.7M | $70.2M | ||
| Q2 24 | $14.9M | $77.2M | ||
| Q1 24 | $14.5M | $84.5M |
总资产AIRIDMRC
| Q4 25 | $58.3M | $53.0M | ||
| Q3 25 | $58.0M | $55.4M | ||
| Q2 25 | $50.4M | $60.7M | ||
| Q1 25 | $48.4M | $66.5M | ||
| Q4 24 | $51.0M | $75.8M | ||
| Q3 24 | $50.4M | $85.0M | ||
| Q2 24 | — | $93.4M | ||
| Q1 24 | $50.3M | $99.7M |
负债/权益比AIRIDMRC
| Q4 25 | 0.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.33× | — |
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 | $-598.0K | $991.0K |
| 自由现金流经营现金流 - 资本支出 | $-902.0K | $895.0K |
| 自由现金流率自由现金流/营收 | -7.0% | 10.0% |
| 资本支出强度资本支出/营收 | 2.4% | 1.1% |
| 现金转化率经营现金流/净利润 | -4.01× | — |
| 过去12个月自由现金流最近4个季度 | $-4.7M | $-12.3M |
8季度趋势，按日历期对齐
经营现金流AIRIDMRC
| Q4 25 | $-598.0K | $991.0K | ||
| Q3 25 | $-2.6M | $-2.6M | ||
| Q2 25 | $345.0K | $-4.7M | ||
| Q1 25 | $1.5M | $-5.5M | ||
| Q4 24 | $-184.0K | $-4.2M | ||
| Q3 24 | $174.0K | $-7.1M | ||
| Q2 24 | $566.0K | $-6.8M | ||
| Q1 24 | $-232.0K | $-8.4M |
自由现金流AIRIDMRC
| Q4 25 | $-902.0K | $895.0K | ||
| Q3 25 | $-3.5M | $-2.8M | ||
| Q2 25 | $-551.0K | $-4.9M | ||
| Q1 25 | $308.0K | $-5.5M | ||
| Q4 24 | $-985.0K | $-4.2M | ||
| Q3 24 | $-95.0K | $-7.2M | ||
| Q2 24 | $-554.0K | $-6.9M | ||
| Q1 24 | $-343.0K | $-8.5M |
自由现金流率AIRIDMRC
| Q4 25 | -7.0% | 10.0% | ||
| Q3 25 | -34.2% | -36.9% | ||
| Q2 25 | -4.4% | -61.0% | ||
| Q1 25 | 2.5% | -59.1% | ||
| Q4 24 | -6.6% | -49.1% | ||
| Q3 24 | -0.8% | -75.7% | ||
| Q2 24 | -4.1% | -66.1% | ||
| Q1 24 | -2.4% | -85.8% |
资本支出强度AIRIDMRC
| Q4 25 | 2.4% | 1.1% | ||
| Q3 25 | 8.8% | 2.9% | ||
| Q2 25 | 7.1% | 2.5% | ||
| Q1 25 | 10.0% | 0.6% | ||
| Q4 24 | 5.4% | 0.2% | ||
| Q3 24 | 2.1% | 0.7% | ||
| Q2 24 | 8.3% | 0.3% | ||
| Q1 24 | 0.8% | 1.1% |
现金转化率AIRIDMRC
| Q4 25 | -4.01× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.90× | — | ||
| 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
AIRI
| Military | $7.4M | 58% |
| Other | $5.4M | 42% |
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
