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AeroVironment Inc（AVAV）与First Watch Restaurant Group, Inc.（FWRG）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是First Watch Restaurant Group, Inc.的1.5倍（$472.5M vs $316.4M），AeroVironment Inc同比增速更快（181.9% vs 20.2%），First Watch Restaurant Group, Inc.自由现金流更多（$-18.3M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 14.2%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
该企业原信息存在公司混淆错误，实际First Watch Restaurant Group是美国餐饮集团，主打鲜制早餐、早午餐与午餐，在美国多个州运营自营与特许加盟餐厅，聚焦日间休闲餐饮市场，为消费者提供新鲜健康的美式餐食选择。
AVAV vs FWRG — 直观对比
营收规模更大
AVAV
是对方的1.5倍
$316.4M
营收增速更快
AVAV
高出161.7%
20.2%
自由现金流更多
FWRG
多$37.6M
$-55.9M
两年增速更快
AVAV
近两年复合增速
14.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $316.4M |
| 净利润 | $-17.1M | — |
| 毛利率 | 22.0% | — |
| 营业利润率 | -6.4% | 2.9% |
| 净利率 | -3.6% | — |
| 营收同比 | 181.9% | 20.2% |
| 净利润同比 | -875.1% | — |
| 每股收益（稀释后） | $-0.34 | $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AVAVFWRG
| Q4 25 | $472.5M | $316.4M | ||
| Q3 25 | $454.7M | $316.0M | ||
| Q2 25 | $275.1M | $307.9M | ||
| Q1 25 | $167.6M | $282.2M | ||
| Q4 24 | $188.5M | $263.3M | ||
| Q3 24 | $189.5M | $251.6M | ||
| Q2 24 | $197.0M | $258.6M | ||
| Q1 24 | $186.6M | $242.4M |
净利润AVAVFWRG
| Q4 25 | $-17.1M | — | ||
| Q3 25 | $-67.4M | $3.0M | ||
| Q2 25 | $16.7M | $2.1M | ||
| Q1 25 | $-1.8M | $-829.0K | ||
| Q4 24 | $7.5M | — | ||
| Q3 24 | $21.2M | $2.1M | ||
| Q2 24 | $6.0M | $8.9M | ||
| Q1 24 | $13.9M | $7.2M |
毛利率AVAVFWRG
| Q4 25 | 22.0% | — | ||
| Q3 25 | 20.9% | — | ||
| Q2 25 | 36.5% | — | ||
| Q1 25 | 37.7% | — | ||
| Q4 24 | 39.1% | — | ||
| Q3 24 | 43.0% | — | ||
| Q2 24 | 38.4% | — | ||
| Q1 24 | 36.1% | — |
营业利润率AVAVFWRG
| Q4 25 | -6.4% | 2.9% | ||
| Q3 25 | -15.2% | 3.2% | ||
| Q2 25 | 5.0% | 2.4% | ||
| Q1 25 | -1.8% | 0.4% | ||
| Q4 24 | 3.7% | 1.5% | ||
| Q3 24 | 12.2% | 2.5% | ||
| Q2 24 | 3.0% | 6.4% | ||
| Q1 24 | 7.7% | 5.1% |
净利率AVAVFWRG
| Q4 25 | -3.6% | — | ||
| Q3 25 | -14.8% | 0.9% | ||
| Q2 25 | 6.1% | 0.7% | ||
| Q1 25 | -1.0% | -0.3% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 11.2% | 0.8% | ||
| Q2 24 | 3.1% | 3.4% | ||
| Q1 24 | 7.4% | 3.0% |
每股收益（稀释后）AVAVFWRG
| Q4 25 | $-0.34 | $0.24 | ||
| Q3 25 | $-1.44 | $0.05 | ||
| Q2 25 | $0.59 | $0.03 | ||
| Q1 25 | $-0.06 | $-0.01 | ||
| Q4 24 | $0.27 | $0.01 | ||
| Q3 24 | $0.75 | $0.03 | ||
| Q2 24 | $0.18 | $0.14 | ||
| Q1 24 | $0.50 | $0.12 |
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 | $588.5M | $21.2M |
| 总债务越低越好 | $747.5M | $269.1M |
| 股东权益账面价值 | $4.4B | $626.3M |
| 总资产 | $5.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资AVAVFWRG
| Q4 25 | $588.5M | $21.2M | ||
| Q3 25 | $685.8M | $20.7M | ||
| Q2 25 | $40.9M | $19.2M | ||
| Q1 25 | $47.0M | $18.6M | ||
| Q4 24 | $69.0M | $33.3M | ||
| Q3 24 | $81.2M | $51.1M | ||
| Q2 24 | $73.3M | $45.1M | ||
| Q1 24 | $107.7M | $43.2M |
总债务AVAVFWRG
| Q4 25 | $747.5M | $269.1M | ||
| Q3 25 | $747.5M | $251.0M | ||
| Q2 25 | $30.0M | $250.0M | ||
| Q1 25 | $25.0M | $191.5M | ||
| Q4 24 | $15.0M | $189.0M | ||
| Q3 24 | $17.5M | $189.7M | ||
| Q2 24 | $28.0M | $192.1M | ||
| Q1 24 | $40.0M | $122.7M |
股东权益AVAVFWRG
| Q4 25 | $4.4B | $626.3M | ||
| Q3 25 | $4.4B | $607.3M | ||
| Q2 25 | $886.5M | $601.3M | ||
| Q1 25 | $861.1M | $596.3M | ||
| Q4 24 | $858.4M | $595.4M | ||
| Q3 24 | $845.5M | $589.1M | ||
| Q2 24 | $822.7M | $585.8M | ||
| Q1 24 | $813.0M | $574.4M |
总资产AVAVFWRG
| Q4 25 | $5.6B | $1.7B | ||
| Q3 25 | $5.6B | $1.7B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $999.2M | $1.5B | ||
| Q2 24 | $1.0B | $1.4B | ||
| Q1 24 | $980.3M | $1.3B |
负债/权益比AVAVFWRG
| Q4 25 | 0.17× | 0.43× | ||
| Q3 25 | 0.17× | 0.41× | ||
| Q2 25 | 0.03× | 0.42× | ||
| Q1 25 | 0.03× | 0.32× | ||
| Q4 24 | 0.02× | 0.32× | ||
| Q3 24 | 0.02× | 0.32× | ||
| Q2 24 | 0.03× | 0.33× | ||
| Q1 24 | 0.05× | 0.21× |
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 | $-45.1M | $18.5M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $-18.3M |
| 自由现金流率自由现金流/营收 | -11.8% | -5.8% |
| 资本支出强度资本支出/营收 | 2.3% | 11.6% |
| 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 | $-240.7M | $-31.0M |
8季度趋势，按日历期对齐
经营现金流AVAVFWRG
| Q4 25 | $-45.1M | $18.5M | ||
| Q3 25 | $-123.7M | $47.9M | ||
| Q2 25 | $-264.0K | $39.4M | ||
| Q1 25 | $-25.8M | $20.1M | ||
| Q4 24 | $-3.6M | $22.9M | ||
| Q3 24 | $28.4M | $35.9M | ||
| Q2 24 | $-11.7M | $31.9M | ||
| Q1 24 | $52.6M | $25.0M |
自由现金流AVAVFWRG
| Q4 25 | $-55.9M | $-18.3M | ||
| Q3 25 | $-146.5M | $5.5M | ||
| Q2 25 | $-8.8M | $-1.7M | ||
| Q1 25 | $-29.6M | $-16.4M | ||
| Q4 24 | $-8.7M | $-17.7M | ||
| Q3 24 | $22.9M | $6.8M | ||
| Q2 24 | $-20.8M | $2.3M | ||
| Q1 24 | $48.8M | $-3.6M |
自由现金流率AVAVFWRG
| Q4 25 | -11.8% | -5.8% | ||
| Q3 25 | -32.2% | 1.7% | ||
| Q2 25 | -3.2% | -0.5% | ||
| Q1 25 | -17.7% | -5.8% | ||
| Q4 24 | -4.6% | -6.7% | ||
| Q3 24 | 12.1% | 2.7% | ||
| Q2 24 | -10.5% | 0.9% | ||
| Q1 24 | 26.1% | -1.5% |
资本支出强度AVAVFWRG
| Q4 25 | 2.3% | 11.6% | ||
| Q3 25 | 5.0% | 13.4% | ||
| Q2 25 | 3.1% | 13.4% | ||
| Q1 25 | 2.3% | 13.0% | ||
| Q4 24 | 2.7% | 15.4% | ||
| Q3 24 | 2.9% | 11.6% | ||
| Q2 24 | 4.6% | 11.5% | ||
| Q1 24 | 2.0% | 11.8% |
现金转化率AVAVFWRG
| Q4 25 | — | — | ||
| Q3 25 | — | 16.01× | ||
| Q2 25 | -0.02× | 18.72× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | 16.98× | ||
| Q2 24 | -1.93× | 3.59× | ||
| Q1 24 | 3.79× | 3.46× |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
FWRG
| In Restaurant Dining Sales | $254.1M | 80% |
| Third Party Delivery Sales | $38.6M | 12% |
| Take Out Sales | $21.3M | 7% |
| Royalty And System Fund Contributions | $2.3M | 1% |
