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AeroVironment Inc（AVAV）与Sylvamo Corp（SLVM）财务数据对比。点击上方公司名可切换其他公司
Sylvamo Corp的季度营收约是AeroVironment Inc的1.6倍（$755.0M vs $472.5M），Sylvamo Corp净利率更高（-0.4% vs -3.6%，领先3.2%），AeroVironment Inc同比增速更快（181.9% vs -8.0%），AeroVironment Inc自由现金流更多（$-55.9M vs $-59.0M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs -10.0%）
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。
西尔瓦莫公司是全球领先的可持续纸浆与纸品生产商，核心产品包括非涂布印刷纸、包装纸及商用纸浆，业务覆盖北美、欧洲、拉美地区，服务办公耗材、出版、商业印刷、包装等多个领域。
AVAV vs SLVM — 直观对比
营收规模更大
SLVM
是对方的1.6倍
$472.5M
营收增速更快
AVAV
高出189.9%
-8.0%
净利率更高
SLVM
高出3.2%
-3.6%
自由现金流更多
AVAV
多$3.1M
$-59.0M
两年增速更快
AVAV
近两年复合增速
-10.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $755.0M |
| 净利润 | $-17.1M | $-3.0M |
| 毛利率 | 22.0% | — |
| 营业利润率 | -6.4% | — |
| 净利率 | -3.6% | -0.4% |
| 营收同比 | 181.9% | -8.0% |
| 净利润同比 | -875.1% | — |
| 每股收益（稀释后） | $-0.34 | $-0.08 |
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AVAVSLVM
| Q1 26 | — | $755.0M | ||
| Q4 25 | $472.5M | $890.0M | ||
| Q3 25 | $454.7M | $846.0M | ||
| Q2 25 | $275.1M | $794.0M | ||
| Q1 25 | $167.6M | $821.0M | ||
| Q4 24 | $188.5M | $970.0M | ||
| Q3 24 | $189.5M | $965.0M | ||
| Q2 24 | $197.0M | $933.0M |
净利润AVAVSLVM
| Q1 26 | — | $-3.0M | ||
| Q4 25 | $-17.1M | $33.0M | ||
| Q3 25 | $-67.4M | $57.0M | ||
| Q2 25 | $16.7M | $15.0M | ||
| Q1 25 | $-1.8M | $27.0M | ||
| Q4 24 | $7.5M | $81.0M | ||
| Q3 24 | $21.2M | $95.0M | ||
| Q2 24 | $6.0M | $83.0M |
毛利率AVAVSLVM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率AVAVSLVM
| Q1 26 | — | — | ||
| Q4 25 | -6.4% | 8.9% | ||
| Q3 25 | -15.2% | 11.6% | ||
| Q2 25 | 5.0% | 3.8% | ||
| Q1 25 | -1.8% | 5.4% | ||
| Q4 24 | 3.7% | 11.2% | ||
| Q3 24 | 12.2% | 15.5% | ||
| Q2 24 | 3.0% | 13.1% |
净利率AVAVSLVM
| Q1 26 | — | -0.4% | ||
| Q4 25 | -3.6% | 3.7% | ||
| Q3 25 | -14.8% | 6.7% | ||
| Q2 25 | 6.1% | 1.9% | ||
| Q1 25 | -1.0% | 3.3% | ||
| Q4 24 | 4.0% | 8.4% | ||
| Q3 24 | 11.2% | 9.8% | ||
| Q2 24 | 3.1% | 8.9% |
每股收益（稀释后）AVAVSLVM
| Q1 26 | — | $-0.08 | ||
| Q4 25 | $-0.34 | $0.81 | ||
| Q3 25 | $-1.44 | $1.41 | ||
| Q2 25 | $0.59 | $0.37 | ||
| Q1 25 | $-0.06 | $0.65 | ||
| Q4 24 | $0.27 | $1.91 | ||
| Q3 24 | $0.75 | $2.27 | ||
| Q2 24 | $0.18 | $1.98 |
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 | — |
| 总债务越低越好 | $747.5M | $766.0M |
| 股东权益账面价值 | $4.4B | $979.0M |
| 总资产 | $5.6B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.78× |
8季度趋势，按日历期对齐
现金及短期投资AVAVSLVM
| Q1 26 | — | — | ||
| Q4 25 | $588.5M | $198.0M | ||
| Q3 25 | $685.8M | $146.0M | ||
| Q2 25 | $40.9M | $183.0M | ||
| Q1 25 | $47.0M | $220.0M | ||
| Q4 24 | $69.0M | $309.0M | ||
| Q3 24 | $81.2M | $414.0M | ||
| Q2 24 | $73.3M | $213.0M |
总债务AVAVSLVM
| Q1 26 | — | $766.0M | ||
| Q4 25 | $747.5M | $763.0M | ||
| Q3 25 | $747.5M | $778.0M | ||
| Q2 25 | $30.0M | $767.0M | ||
| Q1 25 | $25.0M | $794.0M | ||
| Q4 24 | $15.0M | $782.0M | ||
| Q3 24 | $17.5M | $883.0M | ||
| Q2 24 | $28.0M | $894.0M |
股东权益AVAVSLVM
| Q1 26 | — | $979.0M | ||
| Q4 25 | $4.4B | $966.0M | ||
| Q3 25 | $4.4B | $977.0M | ||
| Q2 25 | $886.5M | $959.0M | ||
| Q1 25 | $861.1M | $908.0M | ||
| Q4 24 | $858.4M | $847.0M | ||
| Q3 24 | $845.5M | $937.0M | ||
| Q2 24 | $822.7M | $830.0M |
总资产AVAVSLVM
| Q1 26 | — | $2.8B | ||
| Q4 25 | $5.6B | $2.8B | ||
| Q3 25 | $5.6B | $2.7B | ||
| Q2 25 | $1.1B | $2.7B | ||
| Q1 25 | $1.0B | $2.6B | ||
| Q4 24 | $1.0B | $2.6B | ||
| Q3 24 | $999.2M | $2.9B | ||
| Q2 24 | $1.0B | $2.7B |
负债/权益比AVAVSLVM
| Q1 26 | — | 0.78× | ||
| Q4 25 | 0.17× | 0.79× | ||
| Q3 25 | 0.17× | 0.80× | ||
| Q2 25 | 0.03× | 0.80× | ||
| Q1 25 | 0.03× | 0.87× | ||
| Q4 24 | 0.02× | 0.92× | ||
| Q3 24 | 0.02× | 0.94× | ||
| Q2 24 | 0.03× | 1.08× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $-59.0M |
| 自由现金流率自由现金流/营收 | -11.8% | -7.8% |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 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 | $10.0M |
8季度趋势，按日历期对齐
经营现金流AVAVSLVM
| Q1 26 | — | — | ||
| Q4 25 | $-45.1M | $94.0M | ||
| Q3 25 | $-123.7M | $87.0M | ||
| Q2 25 | $-264.0K | $64.0M | ||
| Q1 25 | $-25.8M | $23.0M | ||
| Q4 24 | $-3.6M | $164.0M | ||
| Q3 24 | $28.4M | $163.0M | ||
| Q2 24 | $-11.7M | $115.0M |
自由现金流AVAVSLVM
| Q1 26 | — | $-59.0M | ||
| Q4 25 | $-55.9M | $38.0M | ||
| Q3 25 | $-146.5M | $33.0M | ||
| Q2 25 | $-8.8M | $-2.0M | ||
| Q1 25 | $-29.6M | $-25.0M | ||
| Q4 24 | $-8.7M | $100.0M | ||
| Q3 24 | $22.9M | $119.0M | ||
| Q2 24 | $-20.8M | $62.0M |
自由现金流率AVAVSLVM
| Q1 26 | — | -7.8% | ||
| Q4 25 | -11.8% | 4.3% | ||
| Q3 25 | -32.2% | 3.9% | ||
| Q2 25 | -3.2% | -0.3% | ||
| Q1 25 | -17.7% | -3.0% | ||
| Q4 24 | -4.6% | 10.3% | ||
| Q3 24 | 12.1% | 12.3% | ||
| Q2 24 | -10.5% | 6.6% |
资本支出强度AVAVSLVM
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 6.3% | ||
| Q3 25 | 5.0% | 6.4% | ||
| Q2 25 | 3.1% | 8.3% | ||
| Q1 25 | 2.3% | 5.8% | ||
| Q4 24 | 2.7% | 6.6% | ||
| Q3 24 | 2.9% | 4.6% | ||
| Q2 24 | 4.6% | 5.7% |
现金转化率AVAVSLVM
| Q1 26 | — | — | ||
| Q4 25 | — | 2.85× | ||
| Q3 25 | — | 1.53× | ||
| Q2 25 | -0.02× | 4.27× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | -0.48× | 2.02× | ||
| Q3 24 | 1.34× | 1.72× | ||
| Q2 24 | -1.93× | 1.39× |
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% |
SLVM
| North America | $390.0M | 52% |
| Europe | $190.0M | 25% |
| Latin America | $187.0M | 25% |
