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AIRO Group Holdings, Inc.（AIRO）与Digimarc CORP（DMRC）财务数据对比。点击上方公司名可切换其他公司
Digimarc CORP的季度营收约是AIRO Group Holdings, Inc.的1.4倍（$8.9M vs $6.3M），Digimarc CORP净利率更高（-47.2% vs -126.7%，领先79.5%），Digimarc CORP自由现金流更多（$895.0K vs $-6.7M）
AIRO集团旗下原阿联酋航空制造企业，总部位于哈伊马角自由贸易区，专注于生产符合欧洲航空联合会超轻型飞机类别标准的整机ready-to-fly超轻型飞机，在超轻型航空制造领域具备专业深耕经验。
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。
AIRO vs DMRC — 直观对比
营收规模更大
DMRC
是对方的1.4倍
$6.3M
净利率更高
DMRC
高出79.5%
-126.7%
自由现金流更多
DMRC
多$7.6M
$-6.7M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3M | $8.9M |
| 净利润 | $-8.0M | $-4.2M |
| 毛利率 | 44.4% | 63.5% |
| 营业利润率 | -190.7% | -48.2% |
| 净利率 | -126.7% | -47.2% |
| 营收同比 | — | 2.9% |
| 净利润同比 | — | 51.4% |
| 每股收益（稀释后） | $-0.28 | $-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AIRODMRC
| Q4 25 | — | $8.9M | ||
| Q3 25 | $6.3M | $7.6M | ||
| Q2 25 | $24.6M | $8.0M | ||
| Q1 25 | — | $9.4M | ||
| Q4 24 | — | $8.7M | ||
| Q3 24 | — | $9.4M | ||
| Q2 24 | — | $10.4M | ||
| Q1 24 | — | $9.9M |
净利润AIRODMRC
| Q4 25 | — | $-4.2M | ||
| Q3 25 | $-8.0M | $-8.2M | ||
| Q2 25 | $5.9M | $-8.2M | ||
| Q1 25 | — | $-11.7M | ||
| Q4 24 | — | $-8.6M | ||
| Q3 24 | — | $-10.8M | ||
| Q2 24 | — | $-9.3M | ||
| Q1 24 | — | $-10.3M |
毛利率AIRODMRC
| Q4 25 | — | 63.5% | ||
| Q3 25 | 44.4% | 58.3% | ||
| Q2 25 | 61.2% | 58.8% | ||
| Q1 25 | — | 65.0% | ||
| Q4 24 | — | 60.8% | ||
| Q3 24 | — | 62.4% | ||
| Q2 24 | — | 66.1% | ||
| Q1 24 | — | 62.5% |
营业利润率AIRODMRC
| Q4 25 | — | -48.2% | ||
| Q3 25 | -190.7% | -109.7% | ||
| Q2 25 | -80.2% | -105.2% | ||
| Q1 25 | — | -128.9% | ||
| Q4 24 | — | -105.1% | ||
| Q3 24 | — | -120.4% | ||
| Q2 24 | — | -96.2% | ||
| Q1 24 | — | -109.2% |
净利率AIRODMRC
| Q4 25 | — | -47.2% | ||
| Q3 25 | -126.7% | -106.9% | ||
| Q2 25 | 23.9% | -102.6% | ||
| Q1 25 | — | -125.2% | ||
| Q4 24 | — | -99.9% | ||
| Q3 24 | — | -113.9% | ||
| Q2 24 | — | -89.3% | ||
| Q1 24 | — | -104.0% |
每股收益（稀释后）AIRODMRC
| Q4 25 | — | $-0.18 | ||
| Q3 25 | $-0.28 | $-0.38 | ||
| Q2 25 | $0.30 | $-0.38 | ||
| Q1 25 | — | $-0.55 | ||
| Q4 24 | — | $-0.40 | ||
| Q3 24 | — | $-0.50 | ||
| Q2 24 | — | $-0.43 | ||
| Q1 24 | — | $-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 | $5.1M | — |
| 股东权益账面价值 | $739.5M | $40.2M |
| 总资产 | $774.6M | $53.0M |
| 负债/权益比越低杠杆越低 | 0.01× | — |
8季度趋势，按日历期对齐
现金及短期投资AIRODMRC
| Q4 25 | — | $12.9M | ||
| Q3 25 | — | $12.6M | ||
| Q2 25 | — | $16.1M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | — | $28.7M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | — | $41.5M | ||
| Q1 24 | — | $48.9M |
总债务AIRODMRC
| Q4 25 | — | — | ||
| Q3 25 | $5.1M | — | ||
| Q2 25 | $8.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AIRODMRC
| Q4 25 | — | $40.2M | ||
| Q3 25 | $739.5M | $41.4M | ||
| Q2 25 | $679.6M | $46.5M | ||
| Q1 25 | — | $50.0M | ||
| Q4 24 | — | $61.4M | ||
| Q3 24 | — | $70.2M | ||
| Q2 24 | — | $77.2M | ||
| Q1 24 | — | $84.5M |
总资产AIRODMRC
| Q4 25 | — | $53.0M | ||
| Q3 25 | $774.6M | $55.4M | ||
| Q2 25 | $747.8M | $60.7M | ||
| Q1 25 | — | $66.5M | ||
| Q4 24 | — | $75.8M | ||
| Q3 24 | — | $85.0M | ||
| Q2 24 | — | $93.4M | ||
| Q1 24 | — | $99.7M |
负债/权益比AIRODMRC
| Q4 25 | — | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| 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 | $-5.8M | $991.0K |
| 自由现金流经营现金流 - 资本支出 | $-6.7M | $895.0K |
| 自由现金流率自由现金流/营收 | -106.7% | 10.0% |
| 资本支出强度资本支出/营收 | 15.0% | 1.1% |
| 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 | — | $-12.3M |
8季度趋势，按日历期对齐
经营现金流AIRODMRC
| Q4 25 | — | $991.0K | ||
| Q3 25 | $-5.8M | $-2.6M | ||
| Q2 25 | $-30.8M | $-4.7M | ||
| Q1 25 | — | $-5.5M | ||
| Q4 24 | — | $-4.2M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-6.8M | ||
| Q1 24 | — | $-8.4M |
自由现金流AIRODMRC
| Q4 25 | — | $895.0K | ||
| Q3 25 | $-6.7M | $-2.8M | ||
| Q2 25 | $-31.8M | $-4.9M | ||
| Q1 25 | — | $-5.5M | ||
| Q4 24 | — | $-4.2M | ||
| Q3 24 | — | $-7.2M | ||
| Q2 24 | — | $-6.9M | ||
| Q1 24 | — | $-8.5M |
自由现金流率AIRODMRC
| Q4 25 | — | 10.0% | ||
| Q3 25 | -106.7% | -36.9% | ||
| Q2 25 | -129.6% | -61.0% | ||
| Q1 25 | — | -59.1% | ||
| Q4 24 | — | -49.1% | ||
| Q3 24 | — | -75.7% | ||
| Q2 24 | — | -66.1% | ||
| Q1 24 | — | -85.8% |
资本支出强度AIRODMRC
| Q4 25 | — | 1.1% | ||
| Q3 25 | 15.0% | 2.9% | ||
| Q2 25 | 4.3% | 2.5% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 1.1% |
现金转化率AIRODMRC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -5.24× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
AIRO
| Transferred At Point In Time | $4.5M | 71% |
| Transferred Over Time | $1.8M | 29% |
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
