vs
Amplitude, Inc.（AMPL）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是Amplitude, Inc.的1.6倍（$143.5M vs $91.4M），Amplitude, Inc.净利率更高（-19.3% vs -68.1%，领先48.8%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 17.0%），Amplitude, Inc.自由现金流更多（$12.7M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 12.2%）
Amplitude是一家美国企业，专注于研发数字分析软件，能够帮助企业梳理用户行为数据、优化产品决策与数字化运营体验。该公司于2021年9月28日在纳斯达克交易所挂牌上市，股票代码为AMPL。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
AMPL vs FIP — 直观对比
营收规模更大
FIP
是对方的1.6倍
$91.4M
营收增速更快
FIP
高出60.7%
17.0%
净利率更高
AMPL
高出48.8%
-68.1%
自由现金流更多
AMPL
多$81.3M
$-68.6M
两年增速更快
FIP
近两年复合增速
12.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $91.4M | $143.5M |
| 净利润 | $-17.7M | $-97.7M |
| 毛利率 | 74.6% | — |
| 营业利润率 | -18.3% | -45.7% |
| 净利率 | -19.3% | -68.1% |
| 营收同比 | 17.0% | 77.7% |
| 净利润同比 | 45.8% | 21.6% |
| 每股收益（稀释后） | $-0.13 | $-1.04 |
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AMPLFIP
| Q4 25 | $91.4M | $143.5M | ||
| Q3 25 | $88.6M | $140.6M | ||
| Q2 25 | $83.3M | $122.3M | ||
| Q1 25 | $80.0M | $96.2M | ||
| Q4 24 | $78.1M | $80.8M | ||
| Q3 24 | $75.2M | $83.3M | ||
| Q2 24 | $73.3M | $84.9M | ||
| Q1 24 | $72.6M | $82.5M |
净利润AMPLFIP
| Q4 25 | $-17.7M | $-97.7M | ||
| Q3 25 | $-24.0M | $-104.5M | ||
| Q2 25 | $-24.7M | $-70.0M | ||
| Q1 25 | $-22.2M | $120.2M | ||
| Q4 24 | $-32.6M | $-124.7M | ||
| Q3 24 | $-16.9M | $-43.0M | ||
| Q2 24 | $-23.4M | $-48.1M | ||
| Q1 24 | $-21.5M | $-50.3M |
毛利率AMPLFIP
| Q4 25 | 74.6% | — | ||
| Q3 25 | 73.9% | — | ||
| Q2 25 | 72.6% | — | ||
| Q1 25 | 74.7% | — | ||
| Q4 24 | 74.7% | — | ||
| Q3 24 | 75.1% | — | ||
| Q2 24 | 73.4% | — | ||
| Q1 24 | 74.0% | — |
营业利润率AMPLFIP
| Q4 25 | -18.3% | -45.7% | ||
| Q3 25 | -26.0% | -70.8% | ||
| Q2 25 | -29.0% | -56.4% | ||
| Q1 25 | -26.8% | 81.8% | ||
| Q4 24 | -41.2% | -152.7% | ||
| Q3 24 | -21.4% | -51.7% | ||
| Q2 24 | -31.7% | -56.4% | ||
| Q1 24 | -29.0% | -58.8% |
净利率AMPLFIP
| Q4 25 | -19.3% | -68.1% | ||
| Q3 25 | -27.1% | -74.4% | ||
| Q2 25 | -29.6% | -57.2% | ||
| Q1 25 | -27.8% | 125.0% | ||
| Q4 24 | -41.7% | -154.4% | ||
| Q3 24 | -22.4% | -51.6% | ||
| Q2 24 | -31.9% | -56.7% | ||
| Q1 24 | -29.5% | -60.9% |
每股收益（稀释后）AMPLFIP
| Q4 25 | $-0.13 | $-1.04 | ||
| Q3 25 | $-0.18 | $-1.38 | ||
| Q2 25 | $-0.19 | $-0.73 | ||
| Q1 25 | $-0.17 | $0.89 | ||
| Q4 24 | $-0.25 | $-1.21 | ||
| Q3 24 | $-0.14 | $-0.45 | ||
| Q2 24 | $-0.19 | $-0.52 | ||
| Q1 24 | $-0.18 | $-0.54 |
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 | $192.0M | $57.4M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $245.3M | $21.3M |
| 总资产 | $420.7M | $5.7B |
| 负债/权益比越低杠杆越低 | — | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资AMPLFIP
| Q4 25 | $192.0M | $57.4M | ||
| Q3 25 | $189.2M | $34.7M | ||
| Q2 25 | $208.1M | $33.6M | ||
| Q1 25 | $209.0M | $26.3M | ||
| Q4 24 | $241.1M | $27.8M | ||
| Q3 24 | $319.9M | $20.3M | ||
| Q2 24 | $318.3M | $33.1M | ||
| Q1 24 | $316.1M | $23.0M |
总债务AMPLFIP
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.3B |
股东权益AMPLFIP
| Q4 25 | $245.3M | $21.3M | ||
| Q3 25 | $262.2M | $181.1M | ||
| Q2 25 | $279.5M | $375.5M | ||
| Q1 25 | $289.5M | $476.2M | ||
| Q4 24 | $296.6M | $202.7M | ||
| Q3 24 | $290.0M | $370.8M | ||
| Q2 24 | $287.3M | $394.8M | ||
| Q1 24 | $289.2M | $402.5M |
总资产AMPLFIP
| Q4 25 | $420.7M | $5.7B | ||
| Q3 25 | $438.1M | $5.5B | ||
| Q2 25 | $456.6M | $4.4B | ||
| Q1 25 | $445.8M | $4.1B | ||
| Q4 24 | $445.9M | $2.4B | ||
| Q3 24 | $445.6M | $2.4B | ||
| Q2 24 | $445.4M | $2.5B | ||
| Q1 24 | $437.9M | $2.3B |
负债/权益比AMPLFIP
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | — | 3.34× |
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 | $12.8M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $12.7M | $-68.6M |
| 自由现金流率自由现金流/营收 | 13.8% | -47.8% |
| 资本支出强度资本支出/营收 | 0.2% | 45.9% |
| 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 | $28.2M | $-398.5M |
8季度趋势，按日历期对齐
经营现金流AMPLFIP
| Q4 25 | $12.8M | $-2.8M | ||
| Q3 25 | $5.0M | $-24.4M | ||
| Q2 25 | $20.1M | $-5.2M | ||
| Q1 25 | $-8.0M | $-85.7M | ||
| Q4 24 | $3.2M | $-8.1M | ||
| Q3 24 | $6.2M | $14.2M | ||
| Q2 24 | $9.2M | $-17.6M | ||
| Q1 24 | $-48.0K | $-3.9M |
自由现金流AMPLFIP
| Q4 25 | $12.7M | $-68.6M | ||
| Q3 25 | $4.5M | $-90.7M | ||
| Q2 25 | $19.5M | $-87.5M | ||
| Q1 25 | $-8.5M | $-151.7M | ||
| Q4 24 | $2.4M | $-34.3M | ||
| Q3 24 | $6.2M | $-11.7M | ||
| Q2 24 | $8.6M | $-32.1M | ||
| Q1 24 | $-405.0K | $-16.7M |
自由现金流率AMPLFIP
| Q4 25 | 13.8% | -47.8% | ||
| Q3 25 | 5.1% | -64.5% | ||
| Q2 25 | 23.4% | -71.6% | ||
| Q1 25 | -10.6% | -157.7% | ||
| Q4 24 | 3.1% | -42.4% | ||
| Q3 24 | 8.2% | -14.0% | ||
| Q2 24 | 11.8% | -37.9% | ||
| Q1 24 | -0.6% | -20.3% |
资本支出强度AMPLFIP
| Q4 25 | 0.2% | 45.9% | ||
| Q3 25 | 0.5% | 47.2% | ||
| Q2 25 | 0.6% | 67.3% | ||
| Q1 25 | 0.5% | 68.6% | ||
| Q4 24 | 1.0% | 32.5% | ||
| Q3 24 | 0.0% | 31.1% | ||
| Q2 24 | 0.8% | 17.2% | ||
| Q1 24 | 0.5% | 15.6% |
现金转化率AMPLFIP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.71× | ||
| 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
AMPL
| US | $55.8M | 61% |
| International | $35.7M | 39% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
