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Axos Financial, Inc.（AX）与PLUG POWER INC（PLUG）财务数据对比。点击上方公司名可切换其他公司
Axos Financial, Inc.的季度营收约是PLUG POWER INC的1.7倍（$392.2M vs $225.2M），Axos Financial, Inc.净利率更高（31.8% vs -375.6%，领先407.4%），过去两年PLUG POWER INC的营收复合增速更高（36.8% vs 16.1%）
Axos Financial是总部位于美国内华达州拉斯维加斯的银行控股公司，旗下拥有直销银行Axos Bank，同时提供注册投资顾问服务及电子交易平台，深耕数字化金融赛道，可为用户提供多元便捷的金融服务解决方案。
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
AX vs PLUG — 直观对比
营收规模更大
AX
是对方的1.7倍
$225.2M
净利率更高
AX
高出407.4%
-375.6%
两年增速更快
PLUG
近两年复合增速
16.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $392.2M | $225.2M |
| 净利润 | $124.7M | $-846.0M |
| 毛利率 | — | 2.4% |
| 营业利润率 | — | -338.9% |
| 净利率 | 31.8% | -375.6% |
| 营收同比 | — | 17.6% |
| 净利润同比 | 18.5% | 36.7% |
| 每股收益（稀释后） | $2.15 | $-0.70 |
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AXPLUG
| Q1 26 | $392.2M | — | ||
| Q4 25 | $385.1M | $225.2M | ||
| Q3 25 | $323.4M | $177.1M | ||
| Q2 25 | $321.4M | $174.0M | ||
| Q1 25 | $308.8M | $133.7M | ||
| Q4 24 | $307.9M | $191.5M | ||
| Q3 24 | $320.7M | $173.7M | ||
| Q2 24 | $290.9M | $143.3M |
净利润AXPLUG
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $-846.0M | ||
| Q3 25 | $112.4M | $-361.9M | ||
| Q2 25 | $110.7M | $-227.1M | ||
| Q1 25 | $105.2M | $-196.7M | ||
| Q4 24 | $104.7M | $-1.3B | ||
| Q3 24 | $112.3M | $-211.2M | ||
| Q2 24 | $104.9M | $-262.3M |
毛利率AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | -67.9% | ||
| Q2 25 | — | -30.7% | ||
| Q1 25 | — | -55.3% | ||
| Q4 24 | — | -122.5% | ||
| Q3 24 | — | -57.6% | ||
| Q2 24 | — | -91.6% |
营业利润率AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | -338.9% | ||
| Q3 25 | 46.3% | -197.0% | ||
| Q2 25 | 48.5% | -101.7% | ||
| Q1 25 | 47.9% | -133.5% | ||
| Q4 24 | 48.8% | -678.7% | ||
| Q3 24 | 49.6% | -124.4% | ||
| Q2 24 | 49.6% | -170.7% |
净利率AXPLUG
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | -375.6% | ||
| Q3 25 | 34.7% | -204.4% | ||
| Q2 25 | 34.4% | -130.5% | ||
| Q1 25 | 34.1% | -147.1% | ||
| Q4 24 | 34.0% | -697.5% | ||
| Q3 24 | 35.0% | -121.5% | ||
| Q2 24 | 36.0% | -183.0% |
每股收益（稀释后）AXPLUG
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $-0.70 | ||
| Q3 25 | $1.94 | $-0.31 | ||
| Q2 25 | $1.89 | $-0.20 | ||
| Q1 25 | $1.81 | $-0.21 | ||
| Q4 24 | $1.80 | $-1.61 | ||
| Q3 24 | $1.93 | $-0.25 | ||
| Q2 24 | $1.75 | $-0.36 |
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 | — | $368.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.1B | $978.1M |
| 总资产 | $29.2B | $2.6B |
| 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AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $368.5M | ||
| Q3 25 | $2.6B | $165.9M | ||
| Q2 25 | $1.9B | $140.7M | ||
| Q1 25 | $2.0B | $295.8M | ||
| Q4 24 | $2.4B | $205.7M | ||
| Q3 24 | $2.6B | $93.9M | ||
| Q2 24 | $2.0B | $62.4M |
总债务AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $312.7M | — | ||
| Q1 25 | $377.4M | — | ||
| Q4 24 | $358.7M | — | ||
| Q3 24 | $313.5M | $3.9M | ||
| Q2 24 | $325.7M | $3.7M |
股东权益AXPLUG
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $978.1M | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.6B | $1.9B | ||
| Q4 24 | $2.5B | $1.7B | ||
| Q3 24 | $2.4B | $3.0B | ||
| Q2 24 | $2.3B | $3.0B |
总资产AXPLUG
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $2.6B | ||
| Q3 25 | $27.4B | $3.1B | ||
| Q2 25 | $24.8B | $3.4B | ||
| Q1 25 | $24.0B | $3.6B | ||
| Q4 24 | $23.7B | $3.6B | ||
| Q3 24 | $23.6B | $4.7B | ||
| Q2 24 | $22.9B | $4.8B |
负债/权益比AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.13× | 0.00× | ||
| Q2 24 | 0.14× | 0.00× |
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 | — | $-148.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-153.0M |
| 自由现金流率自由现金流/营收 | — | -67.9% |
| 资本支出强度资本支出/营收 | — | 1.9% |
| 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 | — | $-647.0M |
8季度趋势，按日历期对齐
经营现金流AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $-148.6M | ||
| Q3 25 | $118.4M | $-89.8M | ||
| Q2 25 | $490.3M | $-191.8M | ||
| Q1 25 | $73.7M | $-105.6M | ||
| Q4 24 | $162.5M | $-131.2M | ||
| Q3 24 | $70.8M | $-174.9M | ||
| Q2 24 | $305.5M | $-254.7M |
自由现金流AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $-153.0M | ||
| Q3 25 | $109.3M | $-117.5M | ||
| Q2 25 | $436.1M | $-230.4M | ||
| Q1 25 | $65.1M | $-146.0M | ||
| Q4 24 | $156.4M | $-165.2M | ||
| Q3 24 | $53.0M | $-234.2M | ||
| Q2 24 | $269.5M | $-356.0M |
自由现金流率AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | -67.9% | ||
| Q3 25 | 33.8% | -66.4% | ||
| Q2 25 | 135.7% | -132.5% | ||
| Q1 25 | 21.1% | -109.2% | ||
| Q4 24 | 50.8% | -86.3% | ||
| Q3 24 | 16.5% | -134.8% | ||
| Q2 24 | 92.6% | -248.4% |
资本支出强度AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 1.9% | ||
| Q3 25 | 2.8% | 15.6% | ||
| Q2 25 | 16.9% | 22.2% | ||
| Q1 25 | 2.8% | 30.3% | ||
| Q4 24 | 2.0% | 17.7% | ||
| Q3 24 | 5.5% | 34.1% | ||
| Q2 24 | 12.4% | 70.7% |
现金转化率AXPLUG
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 4.43× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 2.91× | — |
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
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
