vs
布鲁姆能源（CLNE）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
布鲁姆能源的季度营收约是Repay Holdings Corp的1.4倍（$112.3M vs $78.6M），布鲁姆能源净利率更高（-38.3% vs -178.3%，领先140.0%），布鲁姆能源同比增速更快（2.7% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $6.5M），过去两年布鲁姆能源的营收复合增速更高（4.1% vs -1.3%）
布鲁姆能源是一家美国上市企业，设计并制造固体氧化物燃料电池，该产品可在数据中心、制造业及其他商业领域的场所内独立发电。公司成立于2001年，总部位于加利福尼亚州圣何塞，其技术依靠化学转化过程发电，无需依赖传统燃烧，可使用天然气、沼气或氢气作为燃料。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
CLNE vs RPAY — 直观对比
营收规模更大
CLNE
是对方的1.4倍
$78.6M
营收增速更快
CLNE
高出2.3%
0.4%
净利率更高
CLNE
高出140.0%
-178.3%
自由现金流更多
RPAY
多$16.7M
$6.5M
两年增速更快
CLNE
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $112.3M | $78.6M |
| 净利润 | $-43.0M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | -9.5% | -182.2% |
| 净利率 | -38.3% | -178.3% |
| 营收同比 | 2.7% | 0.4% |
| 净利润同比 | -42.6% | -3304.1% |
| 每股收益（稀释后） | $-0.21 | $-1.68 |
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CLNERPAY
| Q4 25 | $112.3M | $78.6M | ||
| Q3 25 | $106.1M | $77.7M | ||
| Q2 25 | $102.6M | $75.6M | ||
| Q1 25 | $103.8M | $77.3M | ||
| Q4 24 | $109.3M | $78.3M | ||
| Q3 24 | $104.9M | $79.1M | ||
| Q2 24 | $98.0M | $74.9M | ||
| Q1 24 | $103.7M | $80.7M |
净利润CLNERPAY
| Q4 25 | $-43.0M | $-140.1M | ||
| Q3 25 | $-23.8M | $-6.4M | ||
| Q2 25 | $-20.2M | $-102.3M | ||
| Q1 25 | $-135.0M | $-7.9M | ||
| Q4 24 | $-30.2M | $-4.1M | ||
| Q3 24 | $-18.2M | $3.2M | ||
| Q2 24 | $-16.3M | $-4.1M | ||
| Q1 24 | $-18.4M | $-5.2M |
毛利率CLNERPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率CLNERPAY
| Q4 25 | -9.5% | -182.2% | ||
| Q3 25 | -12.8% | -3.9% | ||
| Q2 25 | -9.0% | -138.7% | ||
| Q1 25 | -121.7% | -4.7% | ||
| Q4 24 | -11.8% | -1.5% | ||
| Q3 24 | -8.1% | -0.9% | ||
| Q2 24 | -5.7% | -4.6% | ||
| Q1 24 | -9.0% | -3.1% |
净利率CLNERPAY
| Q4 25 | -38.3% | -178.3% | ||
| Q3 25 | -22.4% | -8.3% | ||
| Q2 25 | -19.7% | -135.2% | ||
| Q1 25 | -130.1% | -10.3% | ||
| Q4 24 | -27.6% | -5.3% | ||
| Q3 24 | -17.3% | 4.1% | ||
| Q2 24 | -16.6% | -5.4% | ||
| Q1 24 | -17.8% | -6.5% |
每股收益（稀释后）CLNERPAY
| Q4 25 | $-0.21 | $-1.68 | ||
| Q3 25 | $-0.11 | $-0.08 | ||
| Q2 25 | $-0.09 | $-1.15 | ||
| Q1 25 | $-0.60 | $-0.09 | ||
| Q4 24 | $-0.14 | $-0.04 | ||
| Q3 24 | $-0.08 | $0.03 | ||
| Q2 24 | $-0.07 | $-0.04 | ||
| Q1 24 | $-0.08 | $-0.06 |
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 | $156.1M | $115.7M |
| 总债务越低越好 | $226.8M | $280.1M |
| 股东权益账面价值 | $559.4M | $484.4M |
| 总资产 | $1.1B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.41× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资CLNERPAY
| Q4 25 | $156.1M | $115.7M | ||
| Q3 25 | $232.2M | $95.7M | ||
| Q2 25 | $240.8M | $162.6M | ||
| Q1 25 | $226.6M | $165.5M | ||
| Q4 24 | $217.5M | $189.5M | ||
| Q3 24 | $243.5M | $168.7M | ||
| Q2 24 | $249.3M | $147.1M | ||
| Q1 24 | $248.9M | $128.3M |
总债务CLNERPAY
| Q4 25 | $226.8M | $280.1M | ||
| Q3 25 | $284.3M | $279.5M | ||
| Q2 25 | $277.9M | $279.0M | ||
| Q1 25 | $271.6M | $497.6M | ||
| Q4 24 | $265.4M | $496.8M | ||
| Q3 24 | $264.1M | $496.2M | ||
| Q2 24 | $263.0M | $435.6M | ||
| Q1 24 | $262.0M | $434.9M |
股东权益CLNERPAY
| Q4 25 | $559.4M | $484.4M | ||
| Q3 25 | $585.2M | $616.9M | ||
| Q2 25 | $590.8M | $633.7M | ||
| Q1 25 | $596.7M | $755.7M | ||
| Q4 24 | $713.3M | $761.3M | ||
| Q3 24 | $724.8M | $754.7M | ||
| Q2 24 | $723.0M | $815.4M | ||
| Q1 24 | $722.9M | $813.8M |
总资产CLNERPAY
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.1B | $1.5B | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.2B | $1.5B |
负债/权益比CLNERPAY
| Q4 25 | 0.41× | 0.58× | ||
| Q3 25 | 0.49× | 0.45× | ||
| Q2 25 | 0.47× | 0.44× | ||
| Q1 25 | 0.46× | 0.66× | ||
| Q4 24 | 0.37× | 0.65× | ||
| Q3 24 | 0.36× | 0.66× | ||
| Q2 24 | 0.36× | 0.53× | ||
| Q1 24 | 0.36× | 0.53× |
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 | $13.1M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $6.5M | $23.2M |
| 自由现金流率自由现金流/营收 | 5.8% | 29.6% |
| 资本支出强度资本支出/营收 | 5.9% | 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 | $59.9M | $90.7M |
8季度趋势，按日历期对齐
经营现金流CLNERPAY
| Q4 25 | $13.1M | $23.3M | ||
| Q3 25 | $13.1M | $32.2M | ||
| Q2 25 | $35.9M | $33.1M | ||
| Q1 25 | $23.4M | $2.5M | ||
| Q4 24 | $21.9M | $34.3M | ||
| Q3 24 | $21.4M | $60.1M | ||
| Q2 24 | $18.8M | $31.0M | ||
| Q1 24 | $2.6M | $24.8M |
自由现金流CLNERPAY
| Q4 25 | $6.5M | $23.2M | ||
| Q3 25 | $6.5M | $32.1M | ||
| Q2 25 | $30.9M | $33.0M | ||
| Q1 25 | $15.9M | $2.4M | ||
| Q4 24 | $10.3M | $34.0M | ||
| Q3 24 | $42.0K | $59.8M | ||
| Q2 24 | $4.8M | $30.5M | ||
| Q1 24 | $-15.6M | $24.7M |
自由现金流率CLNERPAY
| Q4 25 | 5.8% | 29.6% | ||
| Q3 25 | 6.1% | 41.3% | ||
| Q2 25 | 30.2% | 43.6% | ||
| Q1 25 | 15.4% | 3.0% | ||
| Q4 24 | 9.5% | 43.5% | ||
| Q3 24 | 0.0% | 75.6% | ||
| Q2 24 | 4.9% | 40.7% | ||
| Q1 24 | -15.1% | 30.6% |
资本支出强度CLNERPAY
| Q4 25 | 5.9% | 0.1% | ||
| Q3 25 | 6.2% | 0.2% | ||
| Q2 25 | 4.8% | 0.1% | ||
| Q1 25 | 7.2% | 0.2% | ||
| Q4 24 | 10.5% | 0.3% | ||
| Q3 24 | 20.3% | 0.3% | ||
| Q2 24 | 14.2% | 0.6% | ||
| Q1 24 | 17.6% | 0.1% |
现金转化率CLNERPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| 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
CLNE
| Volume Related Fuel Sales | $73.6M | 66% |
| Services | $15.1M | 13% |
| Station Construction Sales | $10.7M | 9% |
| Volume Related Renewable Identification Number Credits | $9.5M | 8% |
| Volume Related Low Carbon Fuel Standard Credits | $3.4M | 3% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
