vs
Bloom Energy Corp（BE）与胜牌（VVV）财务数据对比。点击上方公司名可切换其他公司
Bloom Energy Corp的季度营收约是胜牌的1.6倍（$751.1M vs $461.8M），Bloom Energy Corp净利率更高（9.4% vs -7.1%，领先16.5%），胜牌同比增速更快（11.5% vs -3.4%），过去两年Bloom Energy Corp的营收复合增速更高（51.7% vs 9.0%）
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。
胜牌公司是总部位于美国肯塔基州列克星敦的汽车零售服务企业，授权推出多款胜牌 branded 的车用机油、添加剂及润滑油产品，旗下拥有胜牌即时换油、加拿大卓越换油、胜牌快速护理等汽车维修连锁品牌。截至2023年，胜牌是美国第二大换油服务提供商，市场份额达10%，门店数量超1650家。
BE vs VVV — 直观对比
营收规模更大
BE
是对方的1.6倍
$461.8M
营收增速更快
VVV
高出14.9%
-3.4%
净利率更高
BE
高出16.5%
-7.1%
两年增速更快
BE
近两年复合增速
9.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $751.1M | $461.8M |
| 净利润 | $70.7M | $-32.8M |
| 毛利率 | 30.0% | 37.4% |
| 营业利润率 | 17.3% | 4.0% |
| 净利率 | 9.4% | -7.1% |
| 营收同比 | -3.4% | 11.5% |
| 净利润同比 | 396.7% | -135.8% |
| 每股收益（稀释后） | $0.44 | $-0.26 |
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BEVVV
| Q1 26 | $751.1M | — | ||
| Q4 25 | $772.8M | $461.8M | ||
| Q3 25 | $513.3M | $453.8M | ||
| Q2 25 | $396.3M | $439.0M | ||
| Q1 25 | $319.3M | $403.2M | ||
| Q4 24 | $567.0M | $414.3M | ||
| Q3 24 | $321.8M | $435.5M | ||
| Q2 24 | $326.5M | $421.4M |
净利润BEVVV
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $-32.8M | ||
| Q3 25 | $-23.0M | $25.0M | ||
| Q2 25 | $-42.2M | $56.5M | ||
| Q1 25 | $-23.4M | $37.6M | ||
| Q4 24 | $105.2M | $91.6M | ||
| Q3 24 | $-14.6M | $92.3M | ||
| Q2 24 | $-61.2M | $45.9M |
毛利率BEVVV
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | 37.4% | ||
| Q3 25 | 29.5% | 39.1% | ||
| Q2 25 | 27.0% | 40.5% | ||
| Q1 25 | 27.8% | 37.3% | ||
| Q4 24 | 38.7% | 36.9% | ||
| Q3 24 | 24.5% | 39.1% | ||
| Q2 24 | 21.0% | 39.7% |
营业利润率BEVVV
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | 4.0% | ||
| Q3 25 | 1.5% | 18.6% | ||
| Q2 25 | -0.9% | 21.6% | ||
| Q1 25 | -6.0% | 16.6% | ||
| Q4 24 | 18.5% | 34.7% | ||
| Q3 24 | -3.0% | 30.9% | ||
| Q2 24 | -7.1% | 22.2% |
净利率BEVVV
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | -7.1% | ||
| Q3 25 | -4.5% | 5.5% | ||
| Q2 25 | -10.6% | 12.9% | ||
| Q1 25 | -7.3% | 9.3% | ||
| Q4 24 | 18.5% | 22.1% | ||
| Q3 24 | -4.5% | 21.2% | ||
| Q2 24 | -18.7% | 10.9% |
每股收益（稀释后）BEVVV
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $-0.26 | ||
| Q3 25 | $-100.00 | $0.20 | ||
| Q2 25 | $-0.18 | $0.44 | ||
| Q1 25 | $-0.10 | $0.29 | ||
| Q4 24 | $0.45 | $0.71 | ||
| Q3 24 | $-0.06 | $0.70 | ||
| Q2 24 | $-0.27 | $0.35 |
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 | — | $69.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $948.0K | $307.6M |
| 总资产 | $4.7B | $3.4B |
| 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BEVVV
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $69.9M | ||
| Q3 25 | $595.1M | $51.6M | ||
| Q2 25 | $574.8M | $68.3M | ||
| Q1 25 | $794.8M | $61.9M | ||
| Q4 24 | $802.9M | $60.0M | ||
| Q3 24 | $495.7M | $68.3M | ||
| Q2 24 | $581.7M | $65.7M |
总债务BEVVV
| Q1 26 | — | — | ||
| 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 | — |
股东权益BEVVV
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $307.6M | ||
| Q3 25 | $653.1M | $338.5M | ||
| Q2 25 | $594.6M | $313.6M | ||
| Q1 25 | $578.3M | $248.7M | ||
| Q4 24 | $562.5M | $229.8M | ||
| Q3 24 | $430.9M | $185.6M | ||
| Q2 24 | $423.3M | $106.5M |
总资产BEVVV
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $3.4B | ||
| Q3 25 | $2.6B | $2.7B | ||
| Q2 25 | $2.5B | $2.6B | ||
| Q1 25 | $2.6B | $2.5B | ||
| Q4 24 | $2.7B | $2.3B | ||
| Q3 24 | $2.6B | $2.4B | ||
| Q2 24 | $2.5B | $2.4B |
负债/权益比BEVVV
| Q1 26 | — | — | ||
| 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× | — |
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 | — | $64.8M |
| 自由现金流经营现金流 - 资本支出 | — | $7.4M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | — | 12.4% |
| 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 | — | $57.8M |
8季度趋势，按日历期对齐
经营现金流BEVVV
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $64.8M | ||
| Q3 25 | $19.7M | $121.9M | ||
| Q2 25 | $-213.1M | $86.9M | ||
| Q1 25 | $-110.7M | $47.2M | ||
| Q4 24 | $484.2M | $41.2M | ||
| Q3 24 | $-69.5M | $101.3M | ||
| Q2 24 | $-175.5M | $75.6M |
自由现金流BEVVV
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $7.4M | ||
| Q3 25 | $7.4M | $23.0M | ||
| Q2 25 | $-220.4M | $32.0M | ||
| Q1 25 | $-124.9M | $-4.6M | ||
| Q4 24 | $473.1M | $-12.4M | ||
| Q3 24 | $-83.8M | $29.9M | ||
| Q2 24 | $-187.5M | $9.8M |
自由现金流率BEVVV
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | 1.6% | ||
| Q3 25 | 1.4% | 5.1% | ||
| Q2 25 | -55.6% | 7.3% | ||
| Q1 25 | -39.1% | -1.1% | ||
| Q4 24 | 83.4% | -3.0% | ||
| Q3 24 | -26.0% | 6.9% | ||
| Q2 24 | -57.4% | 2.3% |
资本支出强度BEVVV
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 12.4% | ||
| Q3 25 | 2.4% | 21.8% | ||
| Q2 25 | 1.8% | 12.5% | ||
| Q1 25 | 4.5% | 12.8% | ||
| Q4 24 | 2.0% | 12.9% | ||
| Q3 24 | 4.4% | 16.4% | ||
| Q2 24 | 3.7% | 15.6% |
现金转化率BEVVV
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | — | ||
| Q3 25 | — | 4.88× | ||
| Q2 25 | — | 1.54× | ||
| Q1 25 | — | 1.26× | ||
| Q4 24 | 4.60× | 0.45× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.65× |
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
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
VVV
| Oil Change And Related Fees | $337.7M | 73% |
| Non Oil Change And Related Fees | $100.5M | 22% |
| Franchise Fees And Other | $23.6M | 5% |
