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Array Technologies, Inc.（ARRY）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
Array Technologies, Inc.的季度营收约是REPLIGEN CORP的1.1倍（$226.0M vs $197.9M），REPLIGEN CORP同比增速更快（13.6% vs -17.9%），Array Technologies, Inc.自由现金流更多（$36.2M vs $17.6M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs 14.4%）
ATI科技是原加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器与芯片组的研发，1985年成立，1993年公开上市，2006年被AMD收购。作为全球知名的无晶圆厂半导体厂商，其掌握自研核心技术，生产组装环节采用外包模式。2000年3dfx破产后，ATI成为全球图形芯片领域的核心厂商之一。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
ARRY vs RGEN — 直观对比
营收规模更大
ARRY
是对方的1.1倍
$197.9M
营收增速更快
RGEN
高出31.5%
-17.9%
自由现金流更多
ARRY
多$18.6M
$17.6M
两年增速更快
ARRY
近两年复合增速
14.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $197.9M |
| 净利润 | — | $13.3M |
| 毛利率 | 8.6% | 52.5% |
| 营业利润率 | -65.5% | 9.0% |
| 净利率 | — | 6.7% |
| 营收同比 | -17.9% | 13.6% |
| 净利润同比 | — | 143.9% |
| 每股收益（稀释后） | $-1.06 | $0.24 |
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ARRYRGEN
| Q4 25 | $226.0M | $197.9M | ||
| Q3 25 | $393.5M | $188.8M | ||
| Q2 25 | $362.2M | $182.4M | ||
| Q1 25 | $302.4M | $169.2M | ||
| Q4 24 | $275.2M | $174.1M | ||
| Q3 24 | $231.4M | $154.9M | ||
| Q2 24 | $255.8M | $154.1M | ||
| Q1 24 | $153.4M | $151.3M |
净利润ARRYRGEN
| Q4 25 | — | $13.3M | ||
| Q3 25 | $33.5M | $14.9M | ||
| Q2 25 | $43.3M | $14.9M | ||
| Q1 25 | $16.7M | $5.8M | ||
| Q4 24 | — | $-30.3M | ||
| Q3 24 | $-141.4M | $-654.0K | ||
| Q2 24 | $25.7M | $3.3M | ||
| Q1 24 | $2.2M | $2.1M |
毛利率ARRYRGEN
| Q4 25 | 8.6% | 52.5% | ||
| Q3 25 | 26.9% | 53.2% | ||
| Q2 25 | 26.8% | 50.0% | ||
| Q1 25 | 25.3% | 53.6% | ||
| Q4 24 | 28.5% | 26.1% | ||
| Q3 24 | 33.8% | 50.0% | ||
| Q2 24 | 33.6% | 49.8% | ||
| Q1 24 | 35.9% | 49.5% |
营业利润率ARRYRGEN
| Q4 25 | -65.5% | 9.0% | ||
| Q3 25 | 11.6% | 8.9% | ||
| Q2 25 | 12.8% | 7.6% | ||
| Q1 25 | 9.0% | 3.9% | ||
| Q4 24 | -51.7% | -17.7% | ||
| Q3 24 | -57.3% | -5.1% | ||
| Q2 24 | 15.5% | 1.0% | ||
| Q1 24 | 5.5% | 1.3% |
净利率ARRYRGEN
| Q4 25 | — | 6.7% | ||
| Q3 25 | 8.5% | 7.9% | ||
| Q2 25 | 11.9% | 8.2% | ||
| Q1 25 | 5.5% | 3.4% | ||
| Q4 24 | — | -17.4% | ||
| Q3 24 | -61.1% | -0.4% | ||
| Q2 24 | 10.0% | 2.2% | ||
| Q1 24 | 1.4% | 1.4% |
每股收益（稀释后）ARRYRGEN
| Q4 25 | $-1.06 | $0.24 | ||
| Q3 25 | $0.12 | $0.26 | ||
| Q2 25 | $0.19 | $0.26 | ||
| Q1 25 | $0.02 | $0.10 | ||
| Q4 24 | $-0.94 | $-0.55 | ||
| Q3 24 | $-1.02 | $-0.01 | ||
| Q2 24 | $0.08 | $0.06 | ||
| Q1 24 | $-0.07 | $0.04 |
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 | $244.4M | $767.6M |
| 总债务越低越好 | — | $542.2M |
| 股东权益账面价值 | $-206.3M | $2.1B |
| 总资产 | $1.5B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资ARRYRGEN
| Q4 25 | $244.4M | $767.6M | ||
| Q3 25 | $221.5M | $748.7M | ||
| Q2 25 | $377.3M | $708.9M | ||
| Q1 25 | $348.3M | $697.2M | ||
| Q4 24 | $363.0M | $757.4M | ||
| Q3 24 | $332.4M | $784.0M | ||
| Q2 24 | $282.3M | $809.1M | ||
| Q1 24 | $287.6M | $780.6M |
总债务ARRYRGEN
| Q4 25 | — | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ARRYRGEN
| Q4 25 | $-206.3M | $2.1B | ||
| Q3 25 | $-46.7M | $2.1B | ||
| Q2 25 | $-70.9M | $2.1B | ||
| Q1 25 | $-97.8M | $2.0B | ||
| Q4 24 | $-118.1M | $2.0B | ||
| Q3 24 | $64.5M | $2.0B | ||
| Q2 24 | $200.0M | $2.0B | ||
| Q1 24 | $231.2M | $2.0B |
总资产ARRYRGEN
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.6B | $2.9B | ||
| Q2 25 | $1.5B | $2.9B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.4B | $2.8B | ||
| Q3 24 | $1.6B | $2.8B | ||
| Q2 24 | $1.7B | $2.9B | ||
| Q1 24 | $1.6B | $2.8B |
负债/权益比ARRYRGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| 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 | $43.6M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $17.6M |
| 自由现金流率自由现金流/营收 | 16.0% | 8.9% |
| 资本支出强度资本支出/营收 | 3.3% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $79.8M | $93.9M |
8季度趋势，按日历期对齐
经营现金流ARRYRGEN
| Q4 25 | $43.6M | $25.7M | ||
| Q3 25 | $27.4M | $48.1M | ||
| Q2 25 | $43.8M | $28.6M | ||
| Q1 25 | $-13.1M | $15.0M | ||
| Q4 24 | $57.6M | $39.2M | ||
| Q3 24 | $44.9M | $49.3M | ||
| Q2 24 | $4.0M | $42.2M | ||
| Q1 24 | $47.5M | $44.7M |
自由现金流ARRYRGEN
| Q4 25 | $36.2M | $17.6M | ||
| Q3 25 | $21.9M | $43.4M | ||
| Q2 25 | $37.2M | $21.5M | ||
| Q1 25 | $-15.4M | $11.4M | ||
| Q4 24 | $55.9M | $33.6M | ||
| Q3 24 | $43.9M | $42.3M | ||
| Q2 24 | $1.8M | $37.4M | ||
| Q1 24 | $45.1M | $36.4M |
自由现金流率ARRYRGEN
| Q4 25 | 16.0% | 8.9% | ||
| Q3 25 | 5.6% | 23.0% | ||
| Q2 25 | 10.3% | 11.8% | ||
| Q1 25 | -5.1% | 6.8% | ||
| Q4 24 | 20.3% | 19.3% | ||
| Q3 24 | 19.0% | 27.3% | ||
| Q2 24 | 0.7% | 24.3% | ||
| Q1 24 | 29.4% | 24.0% |
资本支出强度ARRYRGEN
| Q4 25 | 3.3% | 4.1% | ||
| Q3 25 | 1.4% | 2.5% | ||
| Q2 25 | 1.8% | 3.9% | ||
| Q1 25 | 0.8% | 2.1% | ||
| Q4 24 | 0.6% | 3.2% | ||
| Q3 24 | 0.5% | 4.5% | ||
| Q2 24 | 0.8% | 3.1% | ||
| Q1 24 | 1.6% | 5.5% |
现金转化率ARRYRGEN
| Q4 25 | — | 1.93× | ||
| Q3 25 | 0.82× | 3.23× | ||
| Q2 25 | 1.01× | 1.92× | ||
| Q1 25 | -0.78× | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.15× | 12.70× | ||
| Q1 24 | 21.94× | 21.35× |
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
ARRY
| Array Legacy Operations Segment | $212.0M | 94% |
| STI Operations Segment | $14.0M | 6% |
RGEN
暂无分部数据
