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Digimarc CORP（DMRC）与LENSAR, Inc.（LNSR）财务数据对比。点击上方公司名可切换其他公司
LENSAR, Inc.的季度营收约是Digimarc CORP的1.6倍（$14.3M vs $8.9M），LENSAR, Inc.净利率更高（-10.2% vs -47.2%，领先37.1%），Digimarc CORP同比增速更快（2.9% vs -3.3%），过去两年LENSAR, Inc.的营收复合增速更高（28.8% vs -5.3%）
迪吉马克公司是一家企业软件与服务提供商，其主打产品包含带数字标识符的软件，主要用于解决防伪问题、验证产品真伪、提升回收准确性以及实现供应链可追溯，产品可广泛应用于服装、快消品、美妆健康、汽车等多个行业领域。
LENSAR, Inc.是一家专注于眼科手术设备研发与商业化的医疗科技企业，主打搭载增强现实技术的高精度白内障手术、屈光晶体置换手术系统，产品销往全球多地的眼科诊所、手术中心及医院。
DMRC vs LNSR — 直观对比
营收规模更大
LNSR
是对方的1.6倍
$8.9M
营收增速更快
DMRC
高出6.2%
-3.3%
净利率更高
LNSR
高出37.1%
-47.2%
两年增速更快
LNSR
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $14.3M |
| 净利润 | $-4.2M | $-1.5M |
| 毛利率 | 63.5% | 36.6% |
| 营业利润率 | -48.2% | -34.3% |
| 净利率 | -47.2% | -10.2% |
| 营收同比 | 2.9% | -3.3% |
| 净利润同比 | 51.4% | 92.2% |
| 每股收益（稀释后） | $-0.18 | $-0.09 |
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DMRCLNSR
| Q4 25 | $8.9M | $14.3M | ||
| Q3 25 | $7.6M | $12.8M | ||
| Q2 25 | $8.0M | $12.3M | ||
| Q1 25 | $9.4M | $12.3M | ||
| Q4 24 | $8.7M | $14.8M | ||
| Q3 24 | $9.4M | $11.8M | ||
| Q2 24 | $10.4M | $10.7M | ||
| Q1 24 | $9.9M | $8.6M |
净利润DMRCLNSR
| Q4 25 | $-4.2M | $-1.5M | ||
| Q3 25 | $-8.2M | $-3.7M | ||
| Q2 25 | $-8.2M | $-1.8M | ||
| Q1 25 | $-11.7M | $-27.3M | ||
| Q4 24 | $-8.6M | $-18.7M | ||
| Q3 24 | $-10.8M | $-1.5M | ||
| Q2 24 | $-9.3M | $-9.0M | ||
| Q1 24 | $-10.3M | $-2.2M |
毛利率DMRCLNSR
| Q4 25 | 63.5% | 36.6% | ||
| Q3 25 | 58.3% | 35.1% | ||
| Q2 25 | 58.8% | 43.8% | ||
| Q1 25 | 65.0% | 42.7% | ||
| Q4 24 | 60.8% | 35.1% | ||
| Q3 24 | 62.4% | 38.4% | ||
| Q2 24 | 66.1% | 45.5% | ||
| Q1 24 | 62.5% | 43.0% |
营业利润率DMRCLNSR
| Q4 25 | -48.2% | -34.3% | ||
| Q3 25 | -109.7% | -59.4% | ||
| Q2 25 | -105.2% | -51.2% | ||
| Q1 25 | -128.9% | -47.2% | ||
| Q4 24 | -105.1% | -8.7% | ||
| Q3 24 | -120.4% | -10.5% | ||
| Q2 24 | -96.2% | -49.4% | ||
| Q1 24 | -109.2% | -33.0% |
净利率DMRCLNSR
| Q4 25 | -47.2% | -10.2% | ||
| Q3 25 | -106.9% | -29.1% | ||
| Q2 25 | -102.6% | -14.4% | ||
| Q1 25 | -125.2% | -222.8% | ||
| Q4 24 | -99.9% | -126.2% | ||
| Q3 24 | -113.9% | -12.7% | ||
| Q2 24 | -89.3% | -84.6% | ||
| Q1 24 | -104.0% | -25.0% |
每股收益（稀释后）DMRCLNSR
| Q4 25 | $-0.18 | $-0.09 | ||
| Q3 25 | $-0.38 | $-0.31 | ||
| Q2 25 | $-0.38 | $-0.15 | ||
| Q1 25 | $-0.55 | $-2.32 | ||
| Q4 24 | $-0.40 | $-1.62 | ||
| Q3 24 | $-0.50 | $-0.13 | ||
| Q2 24 | $-0.43 | $-0.79 | ||
| Q1 24 | $-0.50 | $-0.19 |
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 | $12.9M | $18.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $40.2M | $-26.0M |
| 总资产 | $53.0M | $71.4M |
| 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DMRCLNSR
| Q4 25 | $12.9M | $18.0M | ||
| Q3 25 | $12.6M | $16.9M | ||
| Q2 25 | $16.1M | $20.3M | ||
| Q1 25 | $21.6M | $25.2M | ||
| Q4 24 | $28.7M | $22.5M | ||
| Q3 24 | $33.7M | $18.1M | ||
| Q2 24 | $41.5M | $14.2M | ||
| Q1 24 | $48.9M | $17.9M |
股东权益DMRCLNSR
| Q4 25 | $40.2M | $-26.0M | ||
| Q3 25 | $41.4M | $-25.9M | ||
| Q2 25 | $46.5M | $-23.1M | ||
| Q1 25 | $50.0M | $-22.1M | ||
| Q4 24 | $61.4M | $4.9M | ||
| Q3 24 | $70.2M | $22.7M | ||
| Q2 24 | $77.2M | $23.6M | ||
| Q1 24 | $84.5M | $31.8M |
总资产DMRCLNSR
| Q4 25 | $53.0M | $71.4M | ||
| Q3 25 | $55.4M | $70.2M | ||
| Q2 25 | $60.7M | $70.4M | ||
| Q1 25 | $66.5M | $73.0M | ||
| Q4 24 | $75.8M | $66.3M | ||
| Q3 24 | $85.0M | $62.0M | ||
| Q2 24 | $93.4M | $61.4M | ||
| Q1 24 | $99.7M | $66.1M |
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 | $991.0K | $618.0K |
| 自由现金流经营现金流 - 资本支出 | $895.0K | — |
| 自由现金流率自由现金流/营收 | 10.0% | — |
| 资本支出强度资本支出/营收 | 1.1% | 0.0% |
| 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 | $-12.3M | — |
8季度趋势，按日历期对齐
经营现金流DMRCLNSR
| Q4 25 | $991.0K | $618.0K | ||
| Q3 25 | $-2.6M | $-3.5M | ||
| Q2 25 | $-4.7M | $-5.0M | ||
| Q1 25 | $-5.5M | $-6.9M | ||
| Q4 24 | $-4.2M | $3.7M | ||
| Q3 24 | $-7.1M | $3.2M | ||
| Q2 24 | $-6.8M | $-3.8M | ||
| Q1 24 | $-8.4M | $-5.3M |
自由现金流DMRCLNSR
| Q4 25 | $895.0K | — | ||
| Q3 25 | $-2.8M | — | ||
| Q2 25 | $-4.9M | $-5.1M | ||
| Q1 25 | $-5.5M | $-6.9M | ||
| Q4 24 | $-4.2M | $3.7M | ||
| Q3 24 | $-7.2M | $3.1M | ||
| Q2 24 | $-6.9M | $-3.9M | ||
| Q1 24 | $-8.5M | $-5.3M |
自由现金流率DMRCLNSR
| Q4 25 | 10.0% | — | ||
| Q3 25 | -36.9% | — | ||
| Q2 25 | -61.0% | -41.3% | ||
| Q1 25 | -59.1% | -56.6% | ||
| Q4 24 | -49.1% | 24.7% | ||
| Q3 24 | -75.7% | 26.5% | ||
| Q2 24 | -66.1% | -36.4% | ||
| Q1 24 | -85.8% | -61.6% |
资本支出强度DMRCLNSR
| Q4 25 | 1.1% | 0.0% | ||
| Q3 25 | 2.9% | 0.0% | ||
| Q2 25 | 2.5% | 0.6% | ||
| Q1 25 | 0.6% | 0.0% | ||
| Q4 24 | 0.2% | 0.0% | ||
| Q3 24 | 0.7% | 0.2% | ||
| Q2 24 | 0.3% | 1.1% | ||
| Q1 24 | 1.1% | 0.2% |
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
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
LNSR
| Products | $12.7M | 89% |
| Services | $1.6M | 11% |
