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Bridger Aerospace Group Holdings, Inc.（BAER）与Digimarc CORP（DMRC）财务数据对比。点击上方公司名可切换其他公司
Digimarc CORP的季度营收约是Bridger Aerospace Group Holdings, Inc.的1.0倍（$8.9M vs $8.5M），Digimarc CORP净利率更高（-47.2% vs -177.2%，领先130.0%），Digimarc CORP同比增速更快（2.9% vs -45.2%），Digimarc CORP自由现金流更多（$895.0K vs $-78.4M），过去两年Bridger Aerospace Group Holdings, Inc.的营收复合增速更高（24.6% vs -5.3%）
布里杰航空集团控股公司是一家美国航空企业，主营业务为航空消防及野火管理服务，目前已在美国24个州和加拿大2个省提供消防作业支持，服务覆盖北美多林火高发区域，在航空消防领域积累了丰富的实践经验。
迪吉马克公司是一家企业软件与服务提供商，其主打产品包含带数字标识符的软件，主要用于解决防伪问题、验证产品真伪、提升回收准确性以及实现供应链可追溯，产品可广泛应用于服装、快消品、美妆健康、汽车等多个行业领域。
BAER vs DMRC — 直观对比
营收规模更大
DMRC
是对方的1.0倍
$8.5M
营收增速更快
DMRC
高出48.0%
-45.2%
净利率更高
DMRC
高出130.0%
-177.2%
自由现金流更多
DMRC
多$79.3M
$-78.4M
两年增速更快
BAER
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.5M | $8.9M |
| 净利润 | $-15.1M | $-4.2M |
| 毛利率 | -65.1% | 63.5% |
| 营业利润率 | -175.0% | -48.2% |
| 净利率 | -177.2% | -47.2% |
| 营收同比 | -45.2% | 2.9% |
| 净利润同比 | -17.9% | 51.4% |
| 每股收益（稀释后） | $-0.26 | $-0.18 |
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BAERDMRC
| Q4 25 | $8.5M | $8.9M | ||
| Q3 25 | $67.9M | $7.6M | ||
| Q2 25 | $30.8M | $8.0M | ||
| Q1 25 | $15.6M | $9.4M | ||
| Q4 24 | $15.6M | $8.7M | ||
| Q3 24 | $64.5M | $9.4M | ||
| Q2 24 | $13.0M | $10.4M | ||
| Q1 24 | $5.5M | $9.9M |
净利润BAERDMRC
| Q4 25 | $-15.1M | $-4.2M | ||
| Q3 25 | $34.5M | $-8.2M | ||
| Q2 25 | $308.0K | $-8.2M | ||
| Q1 25 | $-15.5M | $-11.7M | ||
| Q4 24 | $-12.8M | $-8.6M | ||
| Q3 24 | $27.3M | $-10.8M | ||
| Q2 24 | $-10.0M | $-9.3M | ||
| Q1 24 | $-20.1M | $-10.3M |
毛利率BAERDMRC
| Q4 25 | -65.1% | 63.5% | ||
| Q3 25 | 68.9% | 58.3% | ||
| Q2 25 | 39.2% | 58.8% | ||
| Q1 25 | -10.0% | 65.0% | ||
| Q4 24 | 1.2% | 60.8% | ||
| Q3 24 | 64.3% | 62.4% | ||
| Q2 24 | 24.2% | 66.1% | ||
| Q1 24 | — | 62.5% |
营业利润率BAERDMRC
| Q4 25 | -175.0% | -48.2% | ||
| Q3 25 | 57.5% | -109.7% | ||
| Q2 25 | 18.0% | -105.2% | ||
| Q1 25 | -64.9% | -128.9% | ||
| Q4 24 | -48.0% | -105.1% | ||
| Q3 24 | 50.9% | -120.4% | ||
| Q2 24 | -36.5% | -96.2% | ||
| Q1 24 | -278.0% | -109.2% |
净利率BAERDMRC
| Q4 25 | -177.2% | -47.2% | ||
| Q3 25 | 50.8% | -106.9% | ||
| Q2 25 | 1.0% | -102.6% | ||
| Q1 25 | -99.3% | -125.2% | ||
| Q4 24 | -82.4% | -99.9% | ||
| Q3 24 | 42.4% | -113.9% | ||
| Q2 24 | -76.7% | -89.3% | ||
| Q1 24 | -364.8% | -104.0% |
每股收益（稀释后）BAERDMRC
| Q4 25 | $-0.26 | $-0.18 | ||
| Q3 25 | $0.37 | $-0.38 | ||
| Q2 25 | $-0.12 | $-0.38 | ||
| Q1 25 | $-0.41 | $-0.55 | ||
| Q4 24 | $-0.24 | $-0.40 | ||
| Q3 24 | $0.31 | $-0.50 | ||
| Q2 24 | $-0.33 | $-0.43 | ||
| Q1 24 | $-0.55 | $-0.50 |
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 | $31.4M | $12.9M |
| 总债务越低越好 | $222.5M | — |
| 股东权益账面价值 | $-342.6M | $40.2M |
| 总资产 | $330.3M | $53.0M |
| 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BAERDMRC
| Q4 25 | $31.4M | $12.9M | ||
| Q3 25 | $55.1M | $12.6M | ||
| Q2 25 | $17.0M | $16.1M | ||
| Q1 25 | $22.3M | $21.6M | ||
| Q4 24 | $39.3M | $28.7M | ||
| Q3 24 | $33.3M | $33.7M | ||
| Q2 24 | $8.5M | $41.5M | ||
| Q1 24 | $6.8M | $48.9M |
总债务BAERDMRC
| Q4 25 | $222.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $208.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BAERDMRC
| Q4 25 | $-342.6M | $40.2M | ||
| Q3 25 | $-322.4M | $41.4M | ||
| Q2 25 | $-351.0M | $46.5M | ||
| Q1 25 | $-347.4M | $50.0M | ||
| Q4 24 | $-326.7M | $61.4M | ||
| Q3 24 | $-304.4M | $70.2M | ||
| Q2 24 | $-328.0M | $77.2M | ||
| Q1 24 | $-348.7M | $84.5M |
总资产BAERDMRC
| Q4 25 | $330.3M | $53.0M | ||
| Q3 25 | $311.0M | $55.4M | ||
| Q2 25 | $279.0M | $60.7M | ||
| Q1 25 | $275.6M | $66.5M | ||
| Q4 24 | $290.8M | $75.8M | ||
| Q3 24 | $307.3M | $85.0M | ||
| Q2 24 | $281.7M | $93.4M | ||
| Q1 24 | $252.4M | $99.7M |
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 | $-8.0M | $991.0K |
| 自由现金流经营现金流 - 资本支出 | $-78.4M | $895.0K |
| 自由现金流率自由现金流/营收 | -917.3% | 10.0% |
| 资本支出强度资本支出/营收 | 823.4% | 1.1% |
| 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 | $-64.2M | $-12.3M |
8季度趋势，按日历期对齐
经营现金流BAERDMRC
| Q4 25 | $-8.0M | $991.0K | ||
| Q3 25 | $41.0M | $-2.6M | ||
| Q2 25 | $1.4M | $-4.7M | ||
| Q1 25 | $-17.7M | $-5.5M | ||
| Q4 24 | $54.5M | $-4.2M | ||
| Q3 24 | $200.0K | $-7.1M | ||
| Q2 24 | $-22.6M | $-6.8M | ||
| Q1 24 | $-22.8M | $-8.4M |
自由现金流BAERDMRC
| Q4 25 | $-78.4M | $895.0K | ||
| Q3 25 | $34.6M | $-2.8M | ||
| Q2 25 | $515.0K | $-4.9M | ||
| Q1 25 | $-21.0M | $-5.5M | ||
| Q4 24 | $53.5M | $-4.2M | ||
| Q3 24 | $-951.0K | $-7.2M | ||
| Q2 24 | $-23.6M | $-6.9M | ||
| Q1 24 | $-23.7M | $-8.5M |
自由现金流率BAERDMRC
| Q4 25 | -917.3% | 10.0% | ||
| Q3 25 | 51.0% | -36.9% | ||
| Q2 25 | 1.7% | -61.0% | ||
| Q1 25 | -134.0% | -59.1% | ||
| Q4 24 | 343.5% | -49.1% | ||
| Q3 24 | -1.5% | -75.7% | ||
| Q2 24 | -181.3% | -66.1% | ||
| Q1 24 | -430.7% | -85.8% |
资本支出强度BAERDMRC
| Q4 25 | 823.4% | 1.1% | ||
| Q3 25 | 9.3% | 2.9% | ||
| Q2 25 | 3.0% | 2.5% | ||
| Q1 25 | 21.2% | 0.6% | ||
| Q4 24 | 6.3% | 0.2% | ||
| Q3 24 | 1.8% | 0.7% | ||
| Q2 24 | 7.6% | 0.3% | ||
| Q1 24 | 17.4% | 1.1% |
现金转化率BAERDMRC
| Q4 25 | — | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 4.68× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
BAER
暂无分部数据
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
