vs
Bloom Energy Corp（BE）与Thermon Group Holdings, Inc.（THR）财务数据对比。点击上方公司名可切换其他公司
Bloom Energy Corp的季度营收约是Thermon Group Holdings, Inc.的5.2倍（$772.8M vs $147.3M）。Thermon Group Holdings, Inc.净利率更高（12.4% vs 0.2%，领先12.2%）。Bloom Energy Corp同比增速更快（36.3% vs 9.6%）。Bloom Energy Corp自由现金流更多（$395.1M vs $13.1M）
Bloom Energy Corp是一家能源技术企业，由印裔美国工程师、发明家、企业家KR·斯里达尔创立，他同时担任公司董事长兼首席执行官。斯里达尔此前曾任亚利桑那大学航空航天与机械工程教授、空间技术实验室主任，曾为NASA提供顾问服务，现为美国国家工程院院士。
Thermon Group Holdings是全球专业热管理解决方案供应商，主打伴热系统、加热电缆、温控监测设备及相关安装支持服务，服务油气、化工、发电、食品饮料等核心工业领域，业务覆盖北美、欧洲、亚太、拉美等全球主要市场。
BE vs THR — 直观对比
营收规模更大
BE
是对方的5.2倍
$147.3M
营收增速更快
BE
高出26.6%
9.6%
净利率更高
THR
高出12.2%
0.2%
自由现金流更多
BE
多$382.1M
$13.1M
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $772.8M | $147.3M |
| 净利润 | $1.4M | $18.3M |
| 毛利率 | 31.0% | 46.6% |
| 营业利润率 | 11.3% | 18.1% |
| 净利率 | 0.2% | 12.4% |
| 营收同比 | 36.3% | 9.6% |
| 净利润同比 | -98.6% | -1.3% |
| 每股收益（稀释后） | $99.91 | $0.55 |
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BETHR
| Q4 25 | $772.8M | $147.3M | ||
| Q3 25 | $513.3M | $131.7M | ||
| Q2 25 | $396.3M | $108.9M | ||
| Q1 25 | $319.3M | — | ||
| Q4 24 | $567.0M | — | ||
| Q3 24 | $321.8M | — | ||
| Q2 24 | $326.5M | — | ||
| Q1 24 | $226.1M | — |
净利润BETHR
| Q4 25 | $1.4M | $18.3M | ||
| Q3 25 | $-23.0M | $15.0M | ||
| Q2 25 | $-42.2M | $8.6M | ||
| Q1 25 | $-23.4M | — | ||
| Q4 24 | $105.2M | — | ||
| Q3 24 | $-14.6M | — | ||
| Q2 24 | $-61.2M | — | ||
| Q1 24 | $-56.5M | — |
毛利率BETHR
| Q4 25 | 31.0% | 46.6% | ||
| Q3 25 | 29.5% | 46.4% | ||
| Q2 25 | 27.0% | 44.1% | ||
| Q1 25 | 27.8% | — | ||
| Q4 24 | 38.7% | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 21.0% | — | ||
| Q1 24 | 16.8% | — |
营业利润率BETHR
| Q4 25 | 11.3% | 18.1% | ||
| Q3 25 | 1.5% | 16.4% | ||
| Q2 25 | -0.9% | 10.8% | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | -3.0% | — | ||
| Q2 24 | -7.1% | — | ||
| Q1 24 | -21.7% | — |
净利率BETHR
| Q4 25 | 0.2% | 12.4% | ||
| Q3 25 | -4.5% | 11.4% | ||
| Q2 25 | -10.6% | 7.9% | ||
| Q1 25 | -7.3% | — | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | -4.5% | — | ||
| Q2 24 | -18.7% | — | ||
| Q1 24 | -25.0% | — |
每股收益（稀释后）BETHR
| Q4 25 | $99.91 | $0.55 | ||
| Q3 25 | $-100.00 | $0.45 | ||
| Q2 25 | $-0.18 | $0.26 | ||
| Q1 25 | $-0.10 | — | ||
| Q4 24 | $0.45 | — | ||
| Q3 24 | $-0.06 | — | ||
| Q2 24 | $-0.27 | — | ||
| Q1 24 | $-0.25 | — |
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 | $2.5B | $46.9M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $768.6M | $538.7M |
| 总资产 | $4.4B | $816.7M |
| 负债/权益比越低杠杆越低 | 3.41× | — |
8季度趋势，按日历期对齐
现金及短期投资BETHR
| Q4 25 | $2.5B | $46.9M | ||
| Q3 25 | $595.1M | $29.7M | ||
| Q2 25 | $574.8M | $36.5M | ||
| Q1 25 | $794.8M | — | ||
| Q4 24 | $802.9M | — | ||
| Q3 24 | $495.7M | — | ||
| Q2 24 | $581.7M | — | ||
| Q1 24 | $516.0M | — |
总债务BETHR
| Q4 25 | $2.6B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $847.9M | — |
股东权益BETHR
| Q4 25 | $768.6M | $538.7M | ||
| Q3 25 | $653.1M | $515.2M | ||
| Q2 25 | $594.6M | $509.3M | ||
| Q1 25 | $578.3M | — | ||
| Q4 24 | $562.5M | — | ||
| Q3 24 | $430.9M | — | ||
| Q2 24 | $423.3M | — | ||
| Q1 24 | $466.1M | — |
总资产BETHR
| Q4 25 | $4.4B | $816.7M | ||
| Q3 25 | $2.6B | $778.2M | ||
| Q2 25 | $2.5B | $765.3M | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.3B | — |
负债/权益比BETHR
| Q4 25 | 3.41× | — | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.91× | — | ||
| Q1 25 | 1.96× | — | ||
| Q4 24 | 2.01× | — | ||
| Q3 24 | 2.62× | — | ||
| Q2 24 | 2.66× | — | ||
| Q1 24 | 1.82× | — |
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 | $418.1M | $18.0M |
| 自由现金流经营现金流 - 资本支出 | $395.1M | $13.1M |
| 自由现金流率自由现金流/营收 | 51.1% | 8.9% |
| 资本支出强度资本支出/营收 | 3.0% | 3.3% |
| 现金转化率经营现金流/净利润 | 293.18× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $57.2M | — |
8季度趋势，按日历期对齐
经营现金流BETHR
| Q4 25 | $418.1M | $18.0M | ||
| Q3 25 | $19.7M | $7.4M | ||
| Q2 25 | $-213.1M | $10.7M | ||
| Q1 25 | $-110.7M | — | ||
| Q4 24 | $484.2M | — | ||
| Q3 24 | $-69.5M | — | ||
| Q2 24 | $-175.5M | — | ||
| Q1 24 | $-147.3M | — |
自由现金流BETHR
| Q4 25 | $395.1M | $13.1M | ||
| Q3 25 | $7.4M | $4.4M | ||
| Q2 25 | $-220.4M | $8.3M | ||
| Q1 25 | $-124.9M | — | ||
| Q4 24 | $473.1M | — | ||
| Q3 24 | $-83.8M | — | ||
| Q2 24 | $-187.5M | — | ||
| Q1 24 | $-168.7M | — |
自由现金流率BETHR
| Q4 25 | 51.1% | 8.9% | ||
| Q3 25 | 1.4% | 3.3% | ||
| Q2 25 | -55.6% | 7.6% | ||
| Q1 25 | -39.1% | — | ||
| Q4 24 | 83.4% | — | ||
| Q3 24 | -26.0% | — | ||
| Q2 24 | -57.4% | — | ||
| Q1 24 | -74.6% | — |
资本支出强度BETHR
| Q4 25 | 3.0% | 3.3% | ||
| Q3 25 | 2.4% | 2.3% | ||
| Q2 25 | 1.8% | 2.2% | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | 9.5% | — |
现金转化率BETHR
| Q4 25 | 293.18× | 0.98× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.60× | — | ||
| Q3 24 | — | — | ||
| 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
BE
| Products | $638.5M | 83% |
| Installation | $67.3M | 9% |
| Services | $61.7M | 8% |
| Electricity | $10.2M | 1% |
THR
| Other | $73.7M | 50% |
| Transferred At Point In Time | $56.1M | 38% |
| Transferred Over Time | $17.5M | 12% |
