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DIGI INTERNATIONAL INC（DGII）与PLUG POWER INC（PLUG）财务数据对比。点击上方公司名可切换其他公司
PLUG POWER INC的季度营收约是DIGI INTERNATIONAL INC的1.7倍（$225.2M vs $130.7M），DIGI INTERNATIONAL INC净利率更高（8.6% vs -375.6%，领先384.3%），DIGI INTERNATIONAL INC同比增速更快（25.1% vs 17.6%），过去两年PLUG POWER INC的营收复合增速更高（36.8% vs 11.5%）
Digi International Inc.是总部位于美国明尼苏达州霍普金斯的工业物联网（IIoT）科技企业，成立于1985年。上世纪90年代初，该公司以生产多线路串行数据卡闻名，可支持兼容机运行多线路公告板系统（BBS）。90年代末互联网兴起后，公司逐步转向网络接入设备与工业监测领域布局。
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
DGII vs PLUG — 直观对比
营收规模更大
PLUG
是对方的1.7倍
$130.7M
营收增速更快
DGII
高出7.5%
17.6%
净利率更高
DGII
高出384.3%
-375.6%
两年增速更快
PLUG
近两年复合增速
11.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $130.7M | $225.2M |
| 净利润 | $11.3M | $-846.0M |
| 毛利率 | 64.0% | 2.4% |
| 营业利润率 | 13.1% | -338.9% |
| 净利率 | 8.6% | -375.6% |
| 营收同比 | 25.1% | 17.6% |
| 净利润同比 | 7.7% | 36.7% |
| 每股收益（稀释后） | $0.29 | $-0.70 |
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DGIIPLUG
| Q1 26 | $130.7M | — | ||
| Q4 25 | $122.5M | $225.2M | ||
| Q3 25 | $114.3M | $177.1M | ||
| Q2 25 | $107.5M | $174.0M | ||
| Q1 25 | $104.5M | $133.7M | ||
| Q4 24 | $103.9M | $191.5M | ||
| Q3 24 | $105.1M | $173.7M | ||
| Q2 24 | $105.2M | $143.3M |
净利润DGIIPLUG
| Q1 26 | $11.3M | — | ||
| Q4 25 | $11.7M | $-846.0M | ||
| Q3 25 | $10.0M | $-361.9M | ||
| Q2 25 | $10.2M | $-227.1M | ||
| Q1 25 | $10.5M | $-196.7M | ||
| Q4 24 | $10.1M | $-1.3B | ||
| Q3 24 | $11.9M | $-211.2M | ||
| Q2 24 | $9.7M | $-262.3M |
毛利率DGIIPLUG
| Q1 26 | 64.0% | — | ||
| Q4 25 | 62.4% | 2.4% | ||
| Q3 25 | 63.9% | -67.9% | ||
| Q2 25 | 63.5% | -30.7% | ||
| Q1 25 | 62.1% | -55.3% | ||
| Q4 24 | 62.0% | -122.5% | ||
| Q3 24 | 61.1% | -57.6% | ||
| Q2 24 | 59.2% | -91.6% |
营业利润率DGIIPLUG
| Q1 26 | 13.1% | — | ||
| Q4 25 | 13.3% | -338.9% | ||
| Q3 25 | 12.5% | -197.0% | ||
| Q2 25 | 13.9% | -101.7% | ||
| Q1 25 | 13.1% | -133.5% | ||
| Q4 24 | 12.9% | -678.7% | ||
| Q3 24 | 14.2% | -124.4% | ||
| Q2 24 | 12.3% | -170.7% |
净利率DGIIPLUG
| Q1 26 | 8.6% | — | ||
| Q4 25 | 9.6% | -375.6% | ||
| Q3 25 | 8.7% | -204.4% | ||
| Q2 25 | 9.5% | -130.5% | ||
| Q1 25 | 10.0% | -147.1% | ||
| Q4 24 | 9.7% | -697.5% | ||
| Q3 24 | 11.3% | -121.5% | ||
| Q2 24 | 9.2% | -183.0% |
每股收益（稀释后）DGIIPLUG
| Q1 26 | $0.29 | — | ||
| Q4 25 | $0.31 | $-0.70 | ||
| Q3 25 | $0.26 | $-0.31 | ||
| Q2 25 | $0.27 | $-0.20 | ||
| Q1 25 | $0.28 | $-0.21 | ||
| Q4 24 | $0.27 | $-1.61 | ||
| Q3 24 | $0.32 | $-0.25 | ||
| Q2 24 | $0.26 | $-0.36 |
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 | $31.7M | $368.5M |
| 总债务越低越好 | $143.0M | — |
| 股东权益账面价值 | $666.0M | $978.1M |
| 总资产 | $974.2M | $2.6B |
| 负债/权益比越低杠杆越低 | 0.21× | — |
8季度趋势，按日历期对齐
现金及短期投资DGIIPLUG
| Q1 26 | $31.7M | — | ||
| Q4 25 | $30.9M | $368.5M | ||
| Q3 25 | $21.9M | $165.9M | ||
| Q2 25 | $20.1M | $140.7M | ||
| Q1 25 | $26.3M | $295.8M | ||
| Q4 24 | $25.9M | $205.7M | ||
| Q3 24 | $27.5M | $93.9M | ||
| Q2 24 | $28.3M | $62.4M |
总债务DGIIPLUG
| Q1 26 | $143.0M | — | ||
| Q4 25 | $135.0M | — | ||
| Q3 25 | $159.2M | — | ||
| Q2 25 | $40.1M | — | ||
| Q1 25 | $70.0M | — | ||
| Q4 24 | $95.0M | — | ||
| Q3 24 | $123.2M | $3.9M | ||
| Q2 24 | $151.6M | $3.7M |
股东权益DGIIPLUG
| Q1 26 | $666.0M | — | ||
| Q4 25 | $649.2M | $978.1M | ||
| Q3 25 | $636.1M | $1.4B | ||
| Q2 25 | $621.5M | $1.7B | ||
| Q1 25 | $605.2M | $1.9B | ||
| Q4 24 | $590.7M | $1.7B | ||
| Q3 24 | $581.0M | $3.0B | ||
| Q2 24 | $563.1M | $3.0B |
总资产DGIIPLUG
| Q1 26 | $974.2M | — | ||
| Q4 25 | $918.4M | $2.6B | ||
| Q3 25 | $922.6M | $3.1B | ||
| Q2 25 | $770.3M | $3.4B | ||
| Q1 25 | $781.0M | $3.6B | ||
| Q4 24 | $796.1M | $3.6B | ||
| Q3 24 | $815.1M | $4.7B | ||
| Q2 24 | $820.4M | $4.8B |
负债/权益比DGIIPLUG
| Q1 26 | 0.21× | — | ||
| Q4 25 | 0.21× | — | ||
| Q3 25 | 0.25× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.16× | — | ||
| Q3 24 | 0.21× | 0.00× | ||
| Q2 24 | 0.27× | 0.00× |
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 | $77.1M | $-148.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-153.0M |
| 自由现金流率自由现金流/营收 | — | -67.9% |
| 资本支出强度资本支出/营收 | — | 1.9% |
| 现金转化率经营现金流/净利润 | 6.82× | — |
| 过去12个月自由现金流最近4个季度 | — | $-647.0M |
8季度趋势，按日历期对齐
经营现金流DGIIPLUG
| Q1 26 | $77.1M | — | ||
| Q4 25 | $35.6M | $-148.6M | ||
| Q3 25 | $28.0M | $-89.8M | ||
| Q2 25 | $24.0M | $-191.8M | ||
| Q1 25 | $26.3M | $-105.6M | ||
| Q4 24 | $29.7M | $-131.2M | ||
| Q3 24 | $26.4M | $-174.9M | ||
| Q2 24 | $24.9M | $-254.7M |
自由现金流DGIIPLUG
| Q1 26 | — | — | ||
| Q4 25 | $35.2M | $-153.0M | ||
| Q3 25 | $27.5M | $-117.5M | ||
| Q2 25 | $22.9M | $-230.4M | ||
| Q1 25 | $25.7M | $-146.0M | ||
| Q4 24 | $29.1M | $-165.2M | ||
| Q3 24 | $25.5M | $-234.2M | ||
| Q2 24 | $24.5M | $-356.0M |
自由现金流率DGIIPLUG
| Q1 26 | — | — | ||
| Q4 25 | 28.7% | -67.9% | ||
| Q3 25 | 24.1% | -66.4% | ||
| Q2 25 | 21.3% | -132.5% | ||
| Q1 25 | 24.6% | -109.2% | ||
| Q4 24 | 28.1% | -86.3% | ||
| Q3 24 | 24.3% | -134.8% | ||
| Q2 24 | 23.2% | -248.4% |
资本支出强度DGIIPLUG
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 1.9% | ||
| Q3 25 | 0.4% | 15.6% | ||
| Q2 25 | 0.9% | 22.2% | ||
| Q1 25 | 0.5% | 30.3% | ||
| Q4 24 | 0.6% | 17.7% | ||
| Q3 24 | 0.9% | 34.1% | ||
| Q2 24 | 0.5% | 70.7% |
现金转化率DGIIPLUG
| Q1 26 | 6.82× | — | ||
| Q4 25 | 3.04× | — | ||
| Q3 25 | 2.81× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 2.50× | — | ||
| Q4 24 | 2.95× | — | ||
| Q3 24 | 2.23× | — | ||
| Q2 24 | 2.57× | — |
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
DGII
暂无分部数据
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
