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BKV Corp（BKV）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
BKV Corp的季度营收约是REPLIGEN CORP的1.3倍（$255.9M vs $197.9M），BKV Corp净利率更高（27.5% vs 6.7%，领先20.8%）
BKV Corp是一家北美独立能源企业，专注于天然气的可持续勘探、生产与配送，核心运营资产位于阿巴拉契亚盆地，服务区域内公用事业、工业及商业客户，同时投资碳捕获等低碳技术以降低运营排放。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
BKV vs RGEN — 直观对比
营收规模更大
BKV
是对方的1.3倍
$197.9M
净利率更高
BKV
高出20.8%
6.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $255.9M | $197.9M |
| 净利润 | $70.4M | $13.3M |
| 毛利率 | — | 52.5% |
| 营业利润率 | 39.3% | 9.0% |
| 净利率 | 27.5% | 6.7% |
| 营收同比 | — | 13.6% |
| 净利润同比 | — | 143.9% |
| 每股收益（稀释后） | $0.78 | $0.24 |
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BKVRGEN
| Q4 25 | $255.9M | $197.9M | ||
| Q3 25 | $199.8M | $188.8M | ||
| Q2 25 | $207.1M | $182.4M | ||
| Q1 25 | $231.0M | $169.2M | ||
| Q4 24 | — | $174.1M | ||
| Q3 24 | $133.5M | $154.9M | ||
| Q2 24 | — | $154.1M | ||
| Q1 24 | — | $151.3M |
净利润BKVRGEN
| Q4 25 | $70.4M | $13.3M | ||
| Q3 25 | $76.8M | $14.9M | ||
| Q2 25 | $104.6M | $14.9M | ||
| Q1 25 | $-78.7M | $5.8M | ||
| Q4 24 | — | $-30.3M | ||
| Q3 24 | $12.9M | $-654.0K | ||
| Q2 24 | — | $3.3M | ||
| Q1 24 | — | $2.1M |
毛利率BKVRGEN
| Q4 25 | — | 52.5% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 50.0% | ||
| Q1 25 | — | 53.6% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | — | 50.0% | ||
| Q2 24 | — | 49.8% | ||
| Q1 24 | — | 49.5% |
营业利润率BKVRGEN
| Q4 25 | 39.3% | 9.0% | ||
| Q3 25 | 41.2% | 8.9% | ||
| Q2 25 | 62.0% | 7.6% | ||
| Q1 25 | -40.6% | 3.9% | ||
| Q4 24 | — | -17.7% | ||
| Q3 24 | -15.7% | -5.1% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 1.3% |
净利率BKVRGEN
| Q4 25 | 27.5% | 6.7% | ||
| Q3 25 | 38.5% | 7.9% | ||
| Q2 25 | 50.5% | 8.2% | ||
| Q1 25 | -34.1% | 3.4% | ||
| Q4 24 | — | -17.4% | ||
| Q3 24 | 9.6% | -0.4% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 1.4% |
每股收益（稀释后）BKVRGEN
| Q4 25 | $0.78 | $0.24 | ||
| Q3 25 | $0.90 | $0.26 | ||
| Q2 25 | $1.23 | $0.26 | ||
| Q1 25 | $-0.93 | $0.10 | ||
| Q4 24 | — | $-0.55 | ||
| Q3 24 | $0.18 | $-0.01 | ||
| Q2 24 | — | $0.06 | ||
| Q1 24 | — | $0.04 |
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 | $199.4M | $767.6M |
| 总债务越低越好 | $486.8M | $542.2M |
| 股东权益账面价值 | $2.0B | $2.1B |
| 总资产 | $3.1B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资BKVRGEN
| Q4 25 | $199.4M | $767.6M | ||
| Q3 25 | $83.1M | $748.7M | ||
| Q2 25 | $21.4M | $708.9M | ||
| Q1 25 | $15.3M | $697.2M | ||
| Q4 24 | — | $757.4M | ||
| Q3 24 | $31.3M | $784.0M | ||
| Q2 24 | — | $809.1M | ||
| Q1 24 | — | $780.6M |
总债务BKVRGEN
| Q4 25 | $486.8M | $542.2M | ||
| Q3 25 | $486.6M | $537.9M | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | $190.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BKVRGEN
| Q4 25 | $2.0B | $2.1B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $1.6B | $2.1B | ||
| Q1 25 | $1.5B | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | $1.6B | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.0B |
总资产BKVRGEN
| Q4 25 | $3.1B | $2.9B | ||
| Q3 25 | $2.9B | $2.9B | ||
| Q2 25 | $2.3B | $2.9B | ||
| Q1 25 | $2.3B | $2.9B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | $2.3B | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.8B |
负债/权益比BKVRGEN
| Q4 25 | 0.24× | 0.26× | ||
| Q3 25 | 0.27× | 0.26× | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | 0.12× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $69.4M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | — | $17.6M |
| 自由现金流率自由现金流/营收 | — | 8.9% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 现金转化率经营现金流/净利润 | 0.99× | 1.93× |
| 过去12个月自由现金流最近4个季度 | — | $93.9M |
8季度趋势，按日历期对齐
经营现金流BKVRGEN
| Q4 25 | $69.4M | $25.7M | ||
| Q3 25 | $74.5M | $48.1M | ||
| Q2 25 | $76.2M | $28.6M | ||
| Q1 25 | $22.6M | $15.0M | ||
| Q4 24 | — | $39.2M | ||
| Q3 24 | — | $49.3M | ||
| Q2 24 | — | $42.2M | ||
| Q1 24 | — | $44.7M |
自由现金流BKVRGEN
| Q4 25 | — | $17.6M | ||
| Q3 25 | $-126.9M | $43.4M | ||
| Q2 25 | — | $21.5M | ||
| Q1 25 | — | $11.4M | ||
| Q4 24 | — | $33.6M | ||
| Q3 24 | — | $42.3M | ||
| Q2 24 | — | $37.4M | ||
| Q1 24 | — | $36.4M |
自由现金流率BKVRGEN
| Q4 25 | — | 8.9% | ||
| Q3 25 | -63.5% | 23.0% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 27.3% | ||
| Q2 24 | — | 24.3% | ||
| Q1 24 | — | 24.0% |
资本支出强度BKVRGEN
| Q4 25 | — | 4.1% | ||
| Q3 25 | 100.9% | 2.5% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 5.5% |
现金转化率BKVRGEN
| Q4 25 | 0.99× | 1.93× | ||
| Q3 25 | 0.97× | 3.23× | ||
| Q2 25 | 0.73× | 1.92× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
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
BKV
| Natural Gas NGL And Oil | $249.3M | 97% |
| Related Party And Other | $4.7M | 2% |
| Marketing | $2.8M | 1% |
RGEN
暂无分部数据
