vs
Applied Digital Corp.（APLD）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是Applied Digital Corp.的1.2倍（$151.1M vs $126.6M），Applied Digital Corp.同比增速更快（98.2% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-567.9M），过去两年Applied Digital Corp.的营收复合增速更高（70.9% vs 5.1%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
APLD vs RGR — 直观对比
营收规模更大
RGR
是对方的1.2倍
$126.6M
营收增速更快
APLD
高出94.6%
3.6%
自由现金流更多
RGR
多$580.2M
$-567.9M
两年增速更快
APLD
近两年复合增速
5.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $126.6M | $151.1M |
| 净利润 | $-14.4M | — |
| 毛利率 | 20.6% | 17.8% |
| 营业利润率 | -24.5% | 2.3% |
| 净利率 | -11.4% | — |
| 营收同比 | 98.2% | 3.6% |
| 净利润同比 | 89.6% | — |
| 每股收益（稀释后） | $-0.07 | $0.22 |
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APLDRGR
| Q4 25 | $126.6M | $151.1M | ||
| Q3 25 | $64.2M | $126.8M | ||
| Q2 25 | $-33.3M | $132.5M | ||
| Q1 25 | $52.9M | $135.7M | ||
| Q4 24 | $63.9M | $145.8M | ||
| Q3 24 | $60.7M | $122.3M | ||
| Q2 24 | $43.7M | $130.8M | ||
| Q1 24 | $43.3M | $136.8M |
净利润APLDRGR
| Q4 25 | $-14.4M | — | ||
| Q3 25 | $-16.9M | $1.6M | ||
| Q2 25 | $-52.5M | $-17.2M | ||
| Q1 25 | $-35.6M | $7.8M | ||
| Q4 24 | $-138.7M | — | ||
| Q3 24 | $-4.2M | $4.7M | ||
| Q2 24 | $-64.5M | $8.3M | ||
| Q1 24 | $-62.8M | $7.1M |
毛利率APLDRGR
| Q4 25 | 20.6% | 17.8% | ||
| Q3 25 | 13.4% | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | 7.1% | 22.0% | ||
| Q4 24 | 18.0% | 22.8% | ||
| Q3 24 | -0.6% | 18.5% | ||
| Q2 24 | -9.1% | 22.3% | ||
| Q1 24 | -8.6% | 21.5% |
营业利润率APLDRGR
| Q4 25 | -24.5% | 2.3% | ||
| Q3 25 | -34.7% | -2.7% | ||
| Q2 25 | — | -15.6% | ||
| Q1 25 | -35.8% | 6.2% | ||
| Q4 24 | -29.1% | 7.8% | ||
| Q3 24 | 15.6% | 3.1% | ||
| Q2 24 | -68.4% | 6.9% | ||
| Q1 24 | -128.8% | 5.5% |
净利率APLDRGR
| Q4 25 | -11.4% | — | ||
| Q3 25 | -26.4% | 1.2% | ||
| Q2 25 | 157.8% | -13.0% | ||
| Q1 25 | -67.2% | 5.7% | ||
| Q4 24 | -217.2% | — | ||
| Q3 24 | -7.0% | 3.9% | ||
| Q2 24 | -147.5% | 6.3% | ||
| Q1 24 | -145.0% | 5.2% |
每股收益（稀释后）APLDRGR
| Q4 25 | $-0.07 | $0.22 | ||
| Q3 25 | $-0.07 | $0.10 | ||
| Q2 25 | $-0.31 | $-1.05 | ||
| Q1 25 | $-0.16 | $0.46 | ||
| Q4 24 | $-0.66 | $0.62 | ||
| Q3 24 | $-0.03 | $0.28 | ||
| Q2 24 | $-0.57 | $0.47 | ||
| Q1 24 | $-0.52 | $0.40 |
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 | $1.9B | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $283.8M |
| 总资产 | $5.2B | $342.0M |
| 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APLDRGR
| Q4 25 | $1.9B | $92.5M | ||
| Q3 25 | $73.9M | $80.8M | ||
| Q2 25 | $41.6M | $101.4M | ||
| Q1 25 | $68.7M | $108.3M | ||
| Q4 24 | $286.2M | $105.5M | ||
| Q3 24 | $58.2M | $96.0M | ||
| Q2 24 | $3.3M | $105.6M | ||
| Q1 24 | $4.4M | $115.3M |
股东权益APLDRGR
| Q4 25 | $1.4B | $283.8M | ||
| Q3 25 | $1.0B | $279.6M | ||
| Q2 25 | $497.7M | $289.3M | ||
| Q1 25 | $454.6M | $321.5M | ||
| Q4 24 | $434.6M | $319.6M | ||
| Q3 24 | $241.8M | $314.9M | ||
| Q2 24 | $124.8M | $321.5M | ||
| Q1 24 | $118.5M | $332.0M |
总资产APLDRGR
| Q4 25 | $5.2B | $342.0M | ||
| Q3 25 | $2.4B | $342.3M | ||
| Q2 25 | $1.9B | $349.5M | ||
| Q1 25 | $1.7B | $379.0M | ||
| Q4 24 | $1.5B | $384.0M | ||
| Q3 24 | $937.7M | $373.5M | ||
| Q2 24 | $762.9M | $376.7M | ||
| Q1 24 | $643.2M | $385.0M |
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 | $-15.8M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-567.9M | $12.3M |
| 自由现金流率自由现金流/营收 | -448.6% | 8.2% |
| 资本支出强度资本支出/营收 | 436.1% | 2.1% |
| 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 | $-1.3B | $38.5M |
8季度趋势，按日历期对齐
经营现金流APLDRGR
| Q4 25 | $-15.8M | $15.5M | ||
| Q3 25 | $-82.0M | $12.9M | ||
| Q2 25 | $6.9M | $14.7M | ||
| Q1 25 | $5.9M | $11.1M | ||
| Q4 24 | $-52.3M | $20.0M | ||
| Q3 24 | $-75.9M | $9.4M | ||
| Q2 24 | $-34.1M | $18.7M | ||
| Q1 24 | $38.8M | $7.3M |
自由现金流APLDRGR
| Q4 25 | $-567.9M | $12.3M | ||
| Q3 25 | $-331.4M | $7.0M | ||
| Q2 25 | $-191.4M | $9.1M | ||
| Q1 25 | $-251.6M | $10.0M | ||
| Q4 24 | $-223.3M | $16.4M | ||
| Q3 24 | $-130.7M | $2.6M | ||
| Q2 24 | $-88.9M | $10.1M | ||
| Q1 24 | $-2.3M | $5.6M |
自由现金流率APLDRGR
| Q4 25 | -448.6% | 8.2% | ||
| Q3 25 | -516.1% | 5.5% | ||
| Q2 25 | 574.8% | 6.9% | ||
| Q1 25 | -475.4% | 7.4% | ||
| Q4 24 | -349.6% | 11.2% | ||
| Q3 24 | -215.3% | 2.1% | ||
| Q2 24 | -203.5% | 7.7% | ||
| Q1 24 | -5.4% | 4.1% |
资本支出强度APLDRGR
| Q4 25 | 436.1% | 2.1% | ||
| Q3 25 | 388.4% | 4.6% | ||
| Q2 25 | -595.4% | 4.2% | ||
| Q1 25 | 486.6% | 0.8% | ||
| Q4 24 | 267.8% | 2.5% | ||
| Q3 24 | 90.3% | 5.5% | ||
| Q2 24 | 125.4% | 6.6% | ||
| Q1 24 | 95.0% | 1.3% |
现金转化率APLDRGR
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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
APLD
| HPC Hosting Business | $85.0M | 67% |
| Data Center Hosting Business | $41.6M | 33% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
