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AIR LEASE CORP（AL）与Applied Digital Corp.（APLD）财务数据对比。点击上方公司名可切换其他公司
AIR LEASE CORP的季度营收约是Applied Digital Corp.的1.1倍（$140.8M vs $126.6M），AIR LEASE CORP净利率更高（128.5% vs -11.4%，领先139.9%），Applied Digital Corp.同比增速更快（98.2% vs 90.4%），AIR LEASE CORP自由现金流更多（$342.1M vs $-567.9M），过去两年Applied Digital Corp.的营收复合增速更高（70.9% vs 69.6%）
航空租赁公司（ALC）是2010年成立的美国飞机租赁企业，由史蒂文·F·乌德瓦-哈齐执掌运营。公司直接向波音、空客、巴航工业、ATR采购全新商用飞机，为全球各地航空公司客户提供专业的飞机租赁及融资服务。
BAE系统旗下的国际防务与安全技术企业，专注于提供数字化解决方案，支持客户快速开展数据驱动决策，服务覆盖执法机构、国家安全部门、政府单位、关键基础设施运营商、电信企业、军方及航天领域。
AL vs APLD — 直观对比
营收规模更大
AL
是对方的1.1倍
$126.6M
营收增速更快
APLD
高出7.8%
90.4%
净利率更高
AL
高出139.9%
-11.4%
自由现金流更多
AL
多$910.0M
$-567.9M
两年增速更快
APLD
近两年复合增速
69.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $140.8M | $126.6M |
| 净利润 | $180.9M | $-14.4M |
| 毛利率 | — | 20.6% |
| 营业利润率 | — | -24.5% |
| 净利率 | 128.5% | -11.4% |
| 营收同比 | 90.4% | 98.2% |
| 净利润同比 | 60.2% | 89.6% |
| 每股收益（稀释后） | $1.49 | $-0.07 |
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ALAPLD
| Q4 25 | $140.8M | $126.6M | ||
| Q3 25 | $44.5M | $64.2M | ||
| Q2 25 | $53.0M | $-33.3M | ||
| Q1 25 | $92.9M | $52.9M | ||
| Q4 24 | $74.0M | $63.9M | ||
| Q3 24 | $65.0M | $60.7M | ||
| Q2 24 | $57.8M | $43.7M | ||
| Q1 24 | $49.0M | $43.3M |
净利润ALAPLD
| Q4 25 | $180.9M | $-14.4M | ||
| Q3 25 | $146.5M | $-16.9M | ||
| Q2 25 | $385.2M | $-52.5M | ||
| Q1 25 | $375.8M | $-35.6M | ||
| Q4 24 | $112.9M | $-138.7M | ||
| Q3 24 | $104.0M | $-4.2M | ||
| Q2 24 | $102.9M | $-64.5M | ||
| Q1 24 | $107.9M | $-62.8M |
毛利率ALAPLD
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 13.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 7.1% | ||
| Q4 24 | — | 18.0% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | -9.1% | ||
| Q1 24 | — | -8.6% |
营业利润率ALAPLD
| Q4 25 | — | -24.5% | ||
| Q3 25 | — | -34.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -35.8% | ||
| Q4 24 | — | -29.1% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | -68.4% | ||
| Q1 24 | — | -128.8% |
净利率ALAPLD
| Q4 25 | 128.5% | -11.4% | ||
| Q3 25 | 329.2% | -26.4% | ||
| Q2 25 | 726.9% | 157.8% | ||
| Q1 25 | 404.5% | -67.2% | ||
| Q4 24 | 152.7% | -217.2% | ||
| Q3 24 | 160.0% | -7.0% | ||
| Q2 24 | 178.2% | -147.5% | ||
| Q1 24 | 220.2% | -145.0% |
每股收益（稀释后）ALAPLD
| Q4 25 | $1.49 | $-0.07 | ||
| Q3 25 | $1.21 | $-0.07 | ||
| Q2 25 | $3.33 | $-0.31 | ||
| Q1 25 | $3.26 | $-0.16 | ||
| Q4 24 | $0.83 | $-0.66 | ||
| Q3 24 | $0.82 | $-0.03 | ||
| Q2 24 | $0.81 | $-0.57 | ||
| Q1 24 | $0.87 | $-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 | $466.4M | $1.9B |
| 总债务越低越好 | $19.7B | — |
| 股东权益账面价值 | $8.5B | $1.4B |
| 总资产 | $32.9B | $5.2B |
| 负债/权益比越低杠杆越低 | 2.33× | — |
8季度趋势，按日历期对齐
现金及短期投资ALAPLD
| Q4 25 | $466.4M | $1.9B | ||
| Q3 25 | $452.2M | $73.9M | ||
| Q2 25 | $454.8M | $41.6M | ||
| Q1 25 | $456.6M | $68.7M | ||
| Q4 24 | $472.6M | $286.2M | ||
| Q3 24 | $460.8M | $58.2M | ||
| Q2 24 | $454.1M | $3.3M | ||
| Q1 24 | $554.4M | $4.4M |
总债务ALAPLD
| Q4 25 | $19.7B | — | ||
| Q3 25 | $20.2B | — | ||
| Q2 25 | $20.3B | — | ||
| Q1 25 | $19.9B | — | ||
| Q4 24 | $20.2B | — | ||
| Q3 24 | $20.2B | — | ||
| Q2 24 | $19.7B | — | ||
| Q1 24 | $19.5B | — |
股东权益ALAPLD
| Q4 25 | $8.5B | $1.4B | ||
| Q3 25 | $8.3B | $1.0B | ||
| Q2 25 | $8.2B | $497.7M | ||
| Q1 25 | $7.9B | $454.6M | ||
| Q4 24 | $7.5B | $434.6M | ||
| Q3 24 | $7.7B | $241.8M | ||
| Q2 24 | $7.3B | $124.8M | ||
| Q1 24 | $7.2B | $118.5M |
总资产ALAPLD
| Q4 25 | $32.9B | $5.2B | ||
| Q3 25 | $33.4B | $2.4B | ||
| Q2 25 | $33.3B | $1.9B | ||
| Q1 25 | $32.4B | $1.7B | ||
| Q4 24 | $32.3B | $1.5B | ||
| Q3 24 | $32.2B | $937.7M | ||
| Q2 24 | $31.0B | $762.9M | ||
| Q1 24 | $30.9B | $643.2M |
负债/权益比ALAPLD
| Q4 25 | 2.33× | — | ||
| Q3 25 | 2.42× | — | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.53× | — | ||
| Q4 24 | 2.68× | — | ||
| Q3 24 | 2.63× | — | ||
| Q2 24 | 2.69× | — | ||
| Q1 24 | 2.69× | — |
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 | $414.1M | $-15.8M |
| 自由现金流经营现金流 - 资本支出 | $342.1M | $-567.9M |
| 自由现金流率自由现金流/营收 | 242.9% | -448.6% |
| 资本支出强度资本支出/营收 | 51.1% | 436.1% |
| 现金转化率经营现金流/净利润 | 2.29× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | $-1.3B |
8季度趋势，按日历期对齐
经营现金流ALAPLD
| Q4 25 | $414.1M | $-15.8M | ||
| Q3 25 | $458.6M | $-82.0M | ||
| Q2 25 | $473.6M | $6.9M | ||
| Q1 25 | $388.3M | $5.9M | ||
| Q4 24 | $430.0M | $-52.3M | ||
| Q3 24 | $461.9M | $-75.9M | ||
| Q2 24 | $413.8M | $-34.1M | ||
| Q1 24 | $371.3M | $38.8M |
自由现金流ALAPLD
| Q4 25 | $342.1M | $-567.9M | ||
| Q3 25 | $412.3M | $-331.4M | ||
| Q2 25 | $427.1M | $-191.4M | ||
| Q1 25 | $315.5M | $-251.6M | ||
| Q4 24 | $326.8M | $-223.3M | ||
| Q3 24 | $369.8M | $-130.7M | ||
| Q2 24 | $346.4M | $-88.9M | ||
| Q1 24 | $246.8M | $-2.3M |
自由现金流率ALAPLD
| Q4 25 | 242.9% | -448.6% | ||
| Q3 25 | 926.6% | -516.1% | ||
| Q2 25 | 806.0% | 574.8% | ||
| Q1 25 | 339.5% | -475.4% | ||
| Q4 24 | 441.8% | -349.6% | ||
| Q3 24 | 569.1% | -215.3% | ||
| Q2 24 | 599.5% | -203.5% | ||
| Q1 24 | 503.8% | -5.4% |
资本支出强度ALAPLD
| Q4 25 | 51.1% | 436.1% | ||
| Q3 25 | 104.1% | 388.4% | ||
| Q2 25 | 87.8% | -595.4% | ||
| Q1 25 | 78.4% | 486.6% | ||
| Q4 24 | 139.6% | 267.8% | ||
| Q3 24 | 141.7% | 90.3% | ||
| Q2 24 | 116.7% | 125.4% | ||
| Q1 24 | 254.3% | 95.0% |
现金转化率ALAPLD
| Q4 25 | 2.29× | — | ||
| Q3 25 | 3.13× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 3.81× | — | ||
| Q3 24 | 4.44× | — | ||
| Q2 24 | 4.02× | — | ||
| Q1 24 | 3.44× | — |
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
AL
暂无分部数据
APLD
| HPC Hosting Business | $85.0M | 67% |
| Data Center Hosting Business | $41.6M | 33% |
