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AerSale Corp（ASLE）与NLIGHT, INC.（LASR）财务数据对比。点击上方公司名可切换其他公司
AerSale Corp的季度营收约是NLIGHT, INC.的1.1倍（$90.9M vs $81.2M），AerSale Corp净利率更高（5.9% vs -6.0%，领先12.0%），NLIGHT, INC.同比增速更快（71.3% vs -4.0%），NLIGHT, INC.自由现金流更多（$15.9M vs $9.8M），过去两年NLIGHT, INC.的营收复合增速更高（35.0% vs 0.2%）
AerSale Corp总部位于美国佛罗里达州多拉市，是一家面向航空领域的全球供应商，主要为客运及货运航空公司、政府机构、跨国整机制造商与独立维修机构提供商用喷气飞机二手整机、发动机、航空耗材，并提供航空工程服务，同时该公司也是飞机机队回收协会的成员企业。
nLight Inc.是全球领先的高性能半导体激光器、光纤激光器及相关光学组件研发生产商，产品广泛应用于工业精密制造、航空航天与国防、医疗设备、前沿研究等核心领域，客户遍及北美、欧洲及亚太地区。
ASLE vs LASR — 直观对比
营收规模更大
ASLE
是对方的1.1倍
$81.2M
营收增速更快
LASR
高出75.4%
-4.0%
净利率更高
ASLE
高出12.0%
-6.0%
自由现金流更多
LASR
多$6.2M
$9.8M
两年增速更快
LASR
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $81.2M |
| 净利润 | $5.4M | $-4.9M |
| 毛利率 | 34.1% | 30.7% |
| 营业利润率 | 7.8% | -6.7% |
| 净利率 | 5.9% | -6.0% |
| 营收同比 | -4.0% | 71.3% |
| 净利润同比 | 99.7% | 80.3% |
| 每股收益（稀释后） | $0.10 | $-0.10 |
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ASLELASR
| Q4 25 | $90.9M | $81.2M | ||
| Q3 25 | $71.2M | $66.7M | ||
| Q2 25 | $107.4M | $61.7M | ||
| Q1 25 | $65.8M | $51.7M | ||
| Q4 24 | $94.7M | $47.4M | ||
| Q3 24 | $82.7M | $56.1M | ||
| Q2 24 | $77.1M | $50.5M | ||
| Q1 24 | $90.5M | $44.5M |
净利润ASLELASR
| Q4 25 | $5.4M | $-4.9M | ||
| Q3 25 | $-120.0K | $-6.9M | ||
| Q2 25 | $8.6M | $-3.6M | ||
| Q1 25 | $-5.3M | $-8.1M | ||
| Q4 24 | $2.7M | $-25.0M | ||
| Q3 24 | $509.0K | $-10.3M | ||
| Q2 24 | $-3.6M | $-11.7M | ||
| Q1 24 | $6.3M | $-13.8M |
毛利率ASLELASR
| Q4 25 | 34.1% | 30.7% | ||
| Q3 25 | 30.2% | 31.1% | ||
| Q2 25 | 32.9% | 29.9% | ||
| Q1 25 | 27.3% | 26.7% | ||
| Q4 24 | 31.4% | 2.4% | ||
| Q3 24 | 28.6% | 22.4% | ||
| Q2 24 | 28.2% | 23.5% | ||
| Q1 24 | 31.8% | 16.8% |
营业利润率ASLELASR
| Q4 25 | 7.8% | -6.7% | ||
| Q3 25 | 4.0% | -10.9% | ||
| Q2 25 | 11.7% | -6.9% | ||
| Q1 25 | -10.1% | -18.6% | ||
| Q4 24 | 5.2% | -55.8% | ||
| Q3 24 | 2.4% | -21.0% | ||
| Q2 24 | -2.4% | -25.1% | ||
| Q1 24 | 5.2% | -33.1% |
净利率ASLELASR
| Q4 25 | 5.9% | -6.0% | ||
| Q3 25 | -0.2% | -10.3% | ||
| Q2 25 | 8.0% | -5.8% | ||
| Q1 25 | -8.0% | -15.7% | ||
| Q4 24 | 2.9% | -52.7% | ||
| Q3 24 | 0.6% | -18.4% | ||
| Q2 24 | -4.7% | -23.2% | ||
| Q1 24 | 6.9% | -30.9% |
每股收益（稀释后）ASLELASR
| Q4 25 | $0.10 | $-0.10 | ||
| Q3 25 | $0.00 | $-0.14 | ||
| Q2 25 | $0.18 | $-0.07 | ||
| Q1 25 | $-0.10 | $-0.16 | ||
| Q4 24 | $0.05 | $-0.52 | ||
| Q3 24 | $0.01 | $-0.21 | ||
| Q2 24 | $-0.07 | $-0.25 | ||
| Q1 24 | $0.12 | $-0.29 |
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 | $4.4M | $98.7M |
| 总债务越低越好 | $1.3M | — |
| 股东权益账面价值 | $424.4M | $226.7M |
| 总资产 | $640.5M | $315.2M |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资ASLELASR
| Q4 25 | $4.4M | $98.7M | ||
| Q3 25 | $5.3M | $81.1M | ||
| Q2 25 | $5.7M | $78.8M | ||
| Q1 25 | $4.7M | $82.2M | ||
| Q4 24 | $4.7M | $65.8M | ||
| Q3 24 | $9.8M | $41.5M | ||
| Q2 24 | $4.3M | $49.4M | ||
| Q1 24 | $2.6M | $61.3M |
总债务ASLELASR
| Q4 25 | $1.3M | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $907.0K | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $376.0K | — | ||
| Q2 24 | $522.0K | — | ||
| Q1 24 | $3.5M | — |
股东权益ASLELASR
| Q4 25 | $424.4M | $226.7M | ||
| Q3 25 | $417.1M | $218.5M | ||
| Q2 25 | $415.9M | $216.0M | ||
| Q1 25 | $406.5M | $212.8M | ||
| Q4 24 | $455.6M | $216.4M | ||
| Q3 24 | $451.5M | $235.3M | ||
| Q2 24 | $449.8M | $239.5M | ||
| Q1 24 | $452.0M | $244.4M |
总资产ASLELASR
| Q4 25 | $640.5M | $315.2M | ||
| Q3 25 | $646.3M | $298.7M | ||
| Q2 25 | $646.7M | $295.3M | ||
| Q1 25 | $646.1M | $290.0M | ||
| Q4 24 | $604.7M | $270.2M | ||
| Q3 24 | $601.5M | $291.3M | ||
| Q2 24 | $598.7M | $294.3M | ||
| Q1 24 | $571.7M | $302.8M |
负债/权益比ASLELASR
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.01× | — |
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 | $11.4M | $17.5M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $15.9M |
| 自由现金流率自由现金流/营收 | 10.8% | 19.6% |
| 资本支出强度资本支出/营收 | 1.7% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.11× | — |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $12.3M |
8季度趋势，按日历期对齐
经营现金流ASLELASR
| Q4 25 | $11.4M | $17.5M | ||
| Q3 25 | $-8.9M | $5.2M | ||
| Q2 25 | $19.8M | $-1.4M | ||
| Q1 25 | $-45.2M | $-20.0K | ||
| Q4 24 | $37.5M | $-3.9M | ||
| Q3 24 | $10.4M | $-5.6M | ||
| Q2 24 | $-15.3M | $-4.2M | ||
| Q1 24 | $-21.5M | $11.4M |
自由现金流ASLELASR
| Q4 25 | $9.8M | $15.9M | ||
| Q3 25 | $-9.8M | $2.4M | ||
| Q2 25 | $18.6M | $-3.8M | ||
| Q1 25 | $-47.6M | $-2.3M | ||
| Q4 24 | $32.3M | $-6.5M | ||
| Q3 24 | $8.9M | $-7.2M | ||
| Q2 24 | $-18.9M | $-6.4M | ||
| Q1 24 | $-25.0M | $9.8M |
自由现金流率ASLELASR
| Q4 25 | 10.8% | 19.6% | ||
| Q3 25 | -13.8% | 3.7% | ||
| Q2 25 | 17.3% | -6.1% | ||
| Q1 25 | -72.4% | -4.5% | ||
| Q4 24 | 34.0% | -13.7% | ||
| Q3 24 | 10.7% | -12.9% | ||
| Q2 24 | -24.6% | -12.6% | ||
| Q1 24 | -27.7% | 22.1% |
资本支出强度ASLELASR
| Q4 25 | 1.7% | 2.0% | ||
| Q3 25 | 1.3% | 4.2% | ||
| Q2 25 | 1.1% | 3.9% | ||
| Q1 25 | 3.7% | 4.4% | ||
| Q4 24 | 5.6% | 5.5% | ||
| Q3 24 | 1.9% | 2.9% | ||
| Q2 24 | 4.7% | 4.2% | ||
| Q1 24 | 3.9% | 3.5% |
现金转化率ASLELASR
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.42× | — |
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
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
LASR
| Aerospaceand Defense | $56.3M | 69% |
| Microfabrication | $14.2M | 18% |
| Industrial | $10.7M | 13% |
