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CIMPRESS plc（CMPR）与康宝莱（HLF）财务数据对比。点击上方公司名可切换其他公司
康宝莱的季度营收约是CIMPRESS plc的1.2倍（$1.3B vs $1.0B），康宝莱净利率更高（6.7% vs 4.7%，领先1.9%），CIMPRESS plc同比增速更快（11.0% vs 6.3%），CIMPRESS plc自由现金流更多（$139.5M vs $79.8M）
Cimpress plc是总部位于爱尔兰的跨国科技企业，专注于投资和运营大量采用规模化定制技术的业务，可配置生产小批量个性化定制商品，通过旗下多个面向客户的品牌，向小型企业、设计师及普通消费者供应相关产品。
康宝莱是美国跨国多层次营销企业，主营膳食补充剂的研发与销售。该公司曾被指控涉嫌金字塔骗局欺诈运营，2016年与美国证监会达成协议后调整了薪酬体系，将经销商奖励与可核实的实际销售额挂钩。此外其部分产品曾被曝出引发急性肝炎的相关问题。
CMPR vs HLF — 直观对比
营收规模更大
HLF
是对方的1.2倍
$1.0B
营收增速更快
CMPR
高出4.7%
6.3%
净利率更高
HLF
高出1.9%
4.7%
自由现金流更多
CMPR
多$59.7M
$79.8M
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.3B |
| 净利润 | $49.3M | $85.4M |
| 毛利率 | 46.8% | 77.5% |
| 营业利润率 | 8.5% | 7.8% |
| 净利率 | 4.7% | 6.7% |
| 营收同比 | 11.0% | 6.3% |
| 净利润同比 | -19.2% | -52.0% |
| 每股收益（稀释后） | $1.95 | $0.81 |
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CMPRHLF
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $863.3M | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
净利润CMPRHLF
| Q4 25 | $49.3M | $85.4M | ||
| Q3 25 | $7.6M | $43.2M | ||
| Q2 25 | — | $49.3M | ||
| Q1 25 | — | $50.4M | ||
| Q4 24 | — | $177.9M | ||
| Q3 24 | — | $47.4M | ||
| Q2 24 | — | $4.7M | ||
| Q1 24 | — | $24.3M |
毛利率CMPRHLF
| Q4 25 | 46.8% | 77.5% | ||
| Q3 25 | 46.7% | 77.7% | ||
| Q2 25 | — | 78.0% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.8% | ||
| Q3 24 | — | 78.3% | ||
| Q2 24 | — | 77.9% | ||
| Q1 24 | — | 77.5% |
营业利润率CMPRHLF
| Q4 25 | 8.5% | 7.8% | ||
| Q3 25 | 5.7% | 9.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 6.3% | ||
| Q1 24 | — | 5.7% |
净利率CMPRHLF
| Q4 25 | 4.7% | 6.7% | ||
| Q3 25 | 0.9% | 3.4% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 1.9% |
每股收益（稀释后）CMPRHLF
| Q4 25 | $1.95 | $0.81 | ||
| Q3 25 | $0.30 | $0.42 | ||
| Q2 25 | — | $0.48 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $1.75 | ||
| Q3 24 | — | $0.46 | ||
| Q2 24 | — | $0.05 | ||
| Q1 24 | — | $0.24 |
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 | $258.0M | $353.1M |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $-530.7M | $-515.1M |
| 总资产 | $2.1B | $2.8B |
| 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CMPRHLF
| Q4 25 | $258.0M | $353.1M | ||
| Q3 25 | $200.5M | $305.5M | ||
| Q2 25 | — | $320.9M | ||
| Q1 25 | — | $329.4M | ||
| Q4 24 | — | $415.3M | ||
| Q3 24 | — | $402.5M | ||
| Q2 24 | — | $374.0M | ||
| Q1 24 | — | $398.3M |
总债务CMPRHLF
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.4B |
股东权益CMPRHLF
| Q4 25 | $-530.7M | $-515.1M | ||
| Q3 25 | $-571.3M | $-612.0M | ||
| Q2 25 | — | $-660.5M | ||
| Q1 25 | — | $-736.0M | ||
| Q4 24 | — | $-801.1M | ||
| Q3 24 | — | $-954.2M | ||
| Q2 24 | — | $-1.0B | ||
| Q1 24 | — | $-1.0B |
总资产CMPRHLF
| Q4 25 | $2.1B | $2.8B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.6B |
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 | $164.7M | $98.3M |
| 自由现金流经营现金流 - 资本支出 | $139.5M | $79.8M |
| 自由现金流率自由现金流/营收 | 13.4% | 6.2% |
| 资本支出强度资本支出/营收 | 2.4% | 1.4% |
| 现金转化率经营现金流/净利润 | 3.34× | 1.15× |
| 过去12个月自由现金流最近4个季度 | — | $252.9M |
8季度趋势，按日历期对齐
经营现金流CMPRHLF
| Q4 25 | $164.7M | $98.3M | ||
| Q3 25 | $25.1M | $138.8M | ||
| Q2 25 | — | $96.0M | ||
| Q1 25 | — | $200.0K | ||
| Q4 24 | — | $69.6M | ||
| Q3 24 | — | $99.5M | ||
| Q2 24 | — | $102.5M | ||
| Q1 24 | — | $13.8M |
自由现金流CMPRHLF
| Q4 25 | $139.5M | $79.8M | ||
| Q3 25 | $-1.3M | $118.0M | ||
| Q2 25 | — | $73.2M | ||
| Q1 25 | — | $-18.1M | ||
| Q4 24 | — | $43.9M | ||
| Q3 24 | — | $72.4M | ||
| Q2 24 | — | $66.2M | ||
| Q1 24 | — | $-19.1M |
自由现金流率CMPRHLF
| Q4 25 | 13.4% | 6.2% | ||
| Q3 25 | -0.1% | 9.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | -1.5% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 5.2% | ||
| Q1 24 | — | -1.5% |
资本支出强度CMPRHLF
| Q4 25 | 2.4% | 1.4% | ||
| Q3 25 | 3.1% | 1.6% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 2.6% |
现金转化率CMPRHLF
| Q4 25 | 3.34× | 1.15× | ||
| Q3 25 | 3.28× | 3.21× | ||
| Q2 25 | — | 1.95× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 2.10× | ||
| Q2 24 | — | 21.81× | ||
| Q1 24 | — | 0.57× |
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
CMPR
| Vista | $532.8M | 51% |
| Print Brothers | $219.9M | 21% |
| National Pen | $150.9M | 14% |
| The Print Group | $115.2M | 11% |
| All Other Businesses | $67.2M | 6% |
HLF
| Others | $514.4M | 40% |
| Other | $300.0M | 23% |
| IN | $250.3M | 20% |
| MX | $147.2M | 11% |
| VN | $71.1M | 6% |
