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Ceribell, Inc.（CBLL）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
TELOS CORP的季度营收约是Ceribell, Inc.的1.9倍（$46.8M vs $24.8M），TELOS CORP净利率更高（-34.9% vs -54.6%，领先19.7%），TELOS CORP自由现金流更多（$8.0M vs $-11.0M）
Ceribell, Inc.是一家专注于神经诊断领域的医疗科技企业，主打便携式快速脑电图检测设备，可为急症、重症护理场景提供便捷的癫痫发作监测解决方案，核心市场覆盖北美地区，目前正逐步推进全球化业务布局。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
CBLL vs TLS — 直观对比
营收规模更大
TLS
是对方的1.9倍
$24.8M
净利率更高
TLS
高出19.7%
-54.6%
自由现金流更多
TLS
多$18.9M
$-11.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $24.8M | $46.8M |
| 净利润 | $-13.5M | $-16.3M |
| 毛利率 | 87.3% | 35.0% |
| 营业利润率 | -58.9% | -39.6% |
| 净利率 | -54.6% | -34.9% |
| 营收同比 | — | 77.4% |
| 净利润同比 | — | -74.8% |
| 每股收益（稀释后） | $-0.35 | $-0.22 |
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CBLLTLS
| Q4 25 | $24.8M | $46.8M | ||
| Q3 25 | $22.6M | $51.4M | ||
| Q2 25 | $21.2M | $36.0M | ||
| Q1 25 | $20.5M | $30.6M | ||
| Q4 24 | — | $26.4M | ||
| Q3 24 | $17.2M | $23.8M | ||
| Q2 24 | — | $28.5M | ||
| Q1 24 | — | $29.6M |
净利润CBLLTLS
| Q4 25 | $-13.5M | $-16.3M | ||
| Q3 25 | $-13.5M | $-2.1M | ||
| Q2 25 | $-13.6M | $-9.5M | ||
| Q1 25 | $-12.8M | $-8.6M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | $-10.4M | $-28.1M | ||
| Q2 24 | — | $-7.8M | ||
| Q1 24 | — | $-7.4M |
毛利率CBLLTLS
| Q4 25 | 87.3% | 35.0% | ||
| Q3 25 | 88.3% | 39.9% | ||
| Q2 25 | 88.1% | 33.2% | ||
| Q1 25 | 87.9% | 39.8% | ||
| Q4 24 | — | 40.3% | ||
| Q3 24 | 87.3% | 13.2% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 37.0% |
营业利润率CBLLTLS
| Q4 25 | -58.9% | -39.6% | ||
| Q3 25 | -64.8% | -4.8% | ||
| Q2 25 | -70.5% | -27.5% | ||
| Q1 25 | -69.3% | -29.5% | ||
| Q4 24 | — | -37.6% | ||
| Q3 24 | -57.8% | -121.4% | ||
| Q2 24 | — | -30.3% | ||
| Q1 24 | — | -28.5% |
净利率CBLLTLS
| Q4 25 | -54.6% | -34.9% | ||
| Q3 25 | -59.6% | -4.1% | ||
| Q2 25 | -64.4% | -26.5% | ||
| Q1 25 | -62.4% | -28.1% | ||
| Q4 24 | — | -35.4% | ||
| Q3 24 | -60.6% | -118.0% | ||
| Q2 24 | — | -27.2% | ||
| Q1 24 | — | -24.9% |
每股收益（稀释后）CBLLTLS
| Q4 25 | $-0.35 | $-0.22 | ||
| Q3 25 | $-0.37 | $-0.03 | ||
| Q2 25 | $-0.38 | $-0.13 | ||
| Q1 25 | $-0.36 | $-0.12 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | $-1.85 | $-0.39 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.10 |
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 | $159.3M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $155.3M | $96.0M |
| 总资产 | $195.8M | $139.9M |
| 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CBLLTLS
| Q4 25 | $159.3M | $53.2M | ||
| Q3 25 | $168.5M | $59.0M | ||
| Q2 25 | $177.4M | $57.0M | ||
| Q1 25 | $182.7M | $57.8M | ||
| Q4 24 | — | $54.6M | ||
| Q3 24 | $14.1M | $69.8M | ||
| Q2 24 | — | $80.1M | ||
| Q1 24 | — | $93.9M |
股东权益CBLLTLS
| Q4 25 | $155.3M | $96.0M | ||
| Q3 25 | $164.1M | $119.7M | ||
| Q2 25 | $172.2M | $118.4M | ||
| Q1 25 | $180.9M | $126.1M | ||
| Q4 24 | — | $127.1M | ||
| Q3 24 | $-136.0M | $129.5M | ||
| Q2 24 | — | $149.1M | ||
| Q1 24 | — | $154.4M |
总资产CBLLTLS
| Q4 25 | $195.8M | $139.9M | ||
| Q3 25 | $199.5M | $164.3M | ||
| Q2 25 | $207.7M | $165.0M | ||
| Q1 25 | $213.5M | $158.1M | ||
| Q4 24 | — | $158.2M | ||
| Q3 24 | $47.1M | $166.3M | ||
| Q2 24 | — | $182.4M | ||
| Q1 24 | — | $195.4M |
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 | $-10.8M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $-11.0M | $8.0M |
| 自由现金流率自由现金流/营收 | -44.2% | 17.0% |
| 资本支出强度资本支出/营收 | 0.7% | 0.1% |
| 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 | $-41.6M | $29.4M |
8季度趋势，按日历期对齐
经营现金流CBLLTLS
| Q4 25 | $-10.8M | $8.0M | ||
| Q3 25 | $-11.1M | $9.1M | ||
| Q2 25 | $-7.5M | $7.0M | ||
| Q1 25 | $-11.4M | $6.1M | ||
| Q4 24 | — | $-10.5M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $-350.0K |
自由现金流CBLLTLS
| Q4 25 | $-11.0M | $8.0M | ||
| Q3 25 | $-11.5M | $8.7M | ||
| Q2 25 | $-7.6M | $6.8M | ||
| Q1 25 | $-11.6M | $6.0M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
自由现金流率CBLLTLS
| Q4 25 | -44.2% | 17.0% | ||
| Q3 25 | -50.8% | 16.9% | ||
| Q2 25 | -35.9% | 19.0% | ||
| Q1 25 | -56.4% | 19.5% | ||
| Q4 24 | — | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
资本支出强度CBLLTLS
| Q4 25 | 0.7% | 0.1% | ||
| Q3 25 | 1.6% | 0.9% | ||
| Q2 25 | 0.3% | 0.4% | ||
| Q1 25 | 0.7% | 0.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.3% |
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
CBLL
| Products | $18.8M | 76% |
| Subscription | $6.0M | 24% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
