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Alarm.com Holdings, Inc.（ALRM）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是Alarm.com Holdings, Inc.的1.8倍（$461.6M vs $261.7M），Alarm.com Holdings, Inc.同比增速更快（8.0% vs -4.1%），过去两年Alarm.com Holdings, Inc.的营收复合增速更高（8.3% vs -10.7%）
Alarm.com Holdings, Inc.是一家美国科技企业，成立于2000年，由微策略公司分拆而来，总部位于弗吉尼亚州泰森斯。公司主营云服务，为用户提供远程控制、智能家居及报警监测相关解决方案，是家庭智能安防领域的重要服务商。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
ALRM vs SAM — 直观对比
营收规模更大
SAM
是对方的1.8倍
$261.7M
营收增速更快
ALRM
高出12.1%
-4.1%
两年增速更快
ALRM
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $461.6M |
| 净利润 | $34.6M | — |
| 毛利率 | 66.0% | 46.4% |
| 营业利润率 | 13.4% | 12.4% |
| 净利率 | 13.2% | — |
| 营收同比 | 8.0% | -4.1% |
| 净利润同比 | 14.8% | — |
| 每股收益（稀释后） | $0.66 | $2.16 |
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ALRMSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $261.7M | $385.7M | ||
| Q3 25 | $256.4M | $537.5M | ||
| Q2 25 | $254.3M | $587.9M | ||
| Q1 25 | $238.8M | $453.9M | ||
| Q4 24 | $242.2M | $402.3M | ||
| Q3 24 | $240.5M | $605.5M | ||
| Q2 24 | $233.8M | $579.1M |
净利润ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | $34.6M | $-22.5M | ||
| Q3 25 | $35.1M | $46.2M | ||
| Q2 25 | $34.2M | $60.4M | ||
| Q1 25 | $27.7M | $24.4M | ||
| Q4 24 | $30.1M | $-38.8M | ||
| Q3 24 | $36.7M | $33.5M | ||
| Q2 24 | $33.5M | $52.3M |
毛利率ALRMSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 66.0% | 43.5% | ||
| Q3 25 | 65.8% | 50.8% | ||
| Q2 25 | 65.6% | 49.8% | ||
| Q1 25 | 67.2% | 48.3% | ||
| Q4 24 | 65.5% | 39.9% | ||
| Q3 24 | 64.8% | 46.3% | ||
| Q2 24 | 65.2% | 46.0% |
营业利润率ALRMSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 13.4% | -8.6% | ||
| Q3 25 | 14.4% | 11.5% | ||
| Q2 25 | 12.6% | 14.0% | ||
| Q1 25 | 12.4% | 7.4% | ||
| Q4 24 | 12.7% | -13.9% | ||
| Q3 24 | 13.8% | 7.6% | ||
| Q2 24 | 11.0% | 12.2% |
净利率ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | 13.2% | -5.8% | ||
| Q3 25 | 13.7% | 8.6% | ||
| Q2 25 | 13.5% | 10.3% | ||
| Q1 25 | 11.6% | 5.4% | ||
| Q4 24 | 12.4% | -9.6% | ||
| Q3 24 | 15.3% | 5.5% | ||
| Q2 24 | 14.3% | 9.0% |
每股收益（稀释后）ALRMSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $0.66 | $-1.97 | ||
| Q3 25 | $0.65 | $4.25 | ||
| Q2 25 | $0.63 | $5.45 | ||
| Q1 25 | $0.52 | $2.16 | ||
| Q4 24 | $0.56 | $-3.23 | ||
| Q3 24 | $0.67 | $2.86 | ||
| Q2 24 | $0.62 | $4.39 |
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 | $960.6M | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $848.2M | $682.6M |
| 总资产 | $2.1B | $1.2B |
| 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ALRMSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $960.6M | $223.4M | ||
| Q3 25 | $1.1B | $250.5M | ||
| Q2 25 | $1.0B | $212.4M | ||
| Q1 25 | $1.2B | $152.5M | ||
| Q4 24 | $1.2B | $211.8M | ||
| Q3 24 | $1.2B | $255.6M | ||
| Q2 24 | $1.1B | $219.3M |
股东权益ALRMSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $848.2M | $846.3M | ||
| Q3 25 | $827.2M | $911.0M | ||
| Q2 25 | $797.3M | $912.3M | ||
| Q1 25 | $759.6M | $897.0M | ||
| Q4 24 | $726.5M | $916.2M | ||
| Q3 24 | $690.3M | $1.0B | ||
| Q2 24 | $645.5M | $1.0B |
总资产ALRMSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.0B | $1.3B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $1.9B | $1.4B |
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 | $35.9M | — |
| 自由现金流经营现金流 - 资本支出 | $35.1M | — |
| 自由现金流率自由现金流/营收 | 13.4% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | 1.04× | — |
| 过去12个月自由现金流最近4个季度 | $137.0M | — |
8季度趋势，按日历期对齐
经营现金流ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | $35.9M | $39.9M | ||
| Q3 25 | $70.6M | $101.8M | ||
| Q2 25 | $22.7M | $126.5M | ||
| Q1 25 | $24.1M | $1.9M | ||
| Q4 24 | $56.3M | $41.9M | ||
| Q3 24 | $77.3M | $115.9M | ||
| Q2 24 | $23.0M | $96.0M |
自由现金流ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | $35.1M | $22.1M | ||
| Q3 25 | $65.9M | $89.2M | ||
| Q2 25 | $18.2M | $112.2M | ||
| Q1 25 | $17.9M | $-8.0M | ||
| Q4 24 | $54.0M | $18.4M | ||
| Q3 24 | $74.5M | $99.2M | ||
| Q2 24 | $21.0M | $75.6M |
自由现金流率ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 5.7% | ||
| Q3 25 | 25.7% | 16.6% | ||
| Q2 25 | 7.1% | 19.1% | ||
| Q1 25 | 7.5% | -1.8% | ||
| Q4 24 | 22.3% | 4.6% | ||
| Q3 24 | 31.0% | 16.4% | ||
| Q2 24 | 9.0% | 13.1% |
资本支出强度ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 4.6% | ||
| Q3 25 | 1.9% | 2.3% | ||
| Q2 25 | 1.8% | 2.4% | ||
| Q1 25 | 2.6% | 2.2% | ||
| Q4 24 | 0.9% | 5.8% | ||
| Q3 24 | 1.2% | 2.8% | ||
| Q2 24 | 0.9% | 3.5% |
现金转化率ALRMSAM
| Q1 26 | — | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 2.01× | 2.21× | ||
| Q2 25 | 0.66× | 2.09× | ||
| Q1 25 | 0.87× | 0.08× | ||
| Q4 24 | 1.87× | — | ||
| Q3 24 | 2.11× | 3.46× | ||
| Q2 24 | 0.69× | 1.83× |
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
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
SAM
暂无分部数据
