vs
Digimarc CORP（DMRC）与Pathfinder Bancorp, Inc.（PBHC）财务数据对比。点击上方公司名可切换其他公司
Pathfinder Bancorp, Inc.的季度营收约是Digimarc CORP的1.3倍（$11.8M vs $8.9M），Digimarc CORP净利率更高（-47.2% vs -52.9%，领先5.7%），Digimarc CORP同比增速更快（2.9% vs -22.6%），Pathfinder Bancorp, Inc.自由现金流更多（$10.4M vs $895.0K），过去两年Pathfinder Bancorp, Inc.的营收复合增速更高（3.0% 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。
Pathfinder Bancorp, Inc.是美国区域性银行控股公司，旗下运营探路者银行，服务纽约州中部市场，为个人消费者及中小企业提供存款账户、住房抵押贷款、商业贷款、财富管理等各类金融服务。
DMRC vs PBHC — 直观对比
营收规模更大
PBHC
是对方的1.3倍
$8.9M
营收增速更快
DMRC
高出25.5%
-22.6%
净利率更高
DMRC
高出5.7%
-52.9%
自由现金流更多
PBHC
多$9.5M
$895.0K
两年增速更快
PBHC
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $11.8M |
| 净利润 | $-4.2M | $-5.6M |
| 毛利率 | 63.5% | — |
| 营业利润率 | -48.2% | -81.1% |
| 净利率 | -47.2% | -52.9% |
| 营收同比 | 2.9% | -22.6% |
| 净利润同比 | 51.4% | -242.4% |
| 每股收益（稀释后） | $-0.18 | — |
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DMRCPBHC
| Q4 25 | $8.9M | $11.8M | ||
| Q3 25 | $7.6M | $13.1M | ||
| Q2 25 | $8.0M | $9.3M | ||
| Q1 25 | $9.4M | $12.6M | ||
| Q4 24 | $8.7M | $15.3M | ||
| Q3 24 | $9.4M | $13.4M | ||
| Q2 24 | $10.4M | $10.7M | ||
| Q1 24 | $9.9M | $11.1M |
净利润DMRCPBHC
| Q4 25 | $-4.2M | $-5.6M | ||
| Q3 25 | $-8.2M | $626.0K | ||
| Q2 25 | $-8.2M | $31.0K | ||
| Q1 25 | $-11.7M | $3.0M | ||
| Q4 24 | $-8.6M | $3.9M | ||
| Q3 24 | $-10.8M | $-4.6M | ||
| Q2 24 | $-9.3M | $2.0M | ||
| Q1 24 | $-10.3M | $2.1M |
毛利率DMRCPBHC
| Q4 25 | 63.5% | — | ||
| Q3 25 | 58.3% | — | ||
| Q2 25 | 58.8% | — | ||
| Q1 25 | 65.0% | — | ||
| Q4 24 | 60.8% | — | ||
| Q3 24 | 62.4% | — | ||
| Q2 24 | 66.1% | — | ||
| Q1 24 | 62.5% | — |
营业利润率DMRCPBHC
| Q4 25 | -48.2% | -81.1% | ||
| Q3 25 | -109.7% | 5.1% | ||
| Q2 25 | -105.2% | 0.4% | ||
| Q1 25 | -128.9% | 29.5% | ||
| Q4 24 | -105.1% | 55.4% | ||
| Q3 24 | -120.4% | -43.1% | ||
| Q2 24 | -96.2% | 23.3% | ||
| Q1 24 | -109.2% | 24.3% |
净利率DMRCPBHC
| Q4 25 | -47.2% | -52.9% | ||
| Q3 25 | -106.9% | 4.8% | ||
| Q2 25 | -102.6% | 0.3% | ||
| Q1 25 | -125.2% | 23.6% | ||
| Q4 24 | -99.9% | 37.7% | ||
| Q3 24 | -113.9% | -34.6% | ||
| Q2 24 | -89.3% | 18.7% | ||
| Q1 24 | -104.0% | 19.0% |
每股收益（稀释后）DMRCPBHC
| Q4 25 | $-0.18 | — | ||
| Q3 25 | $-0.38 | $0.47 | ||
| Q2 25 | $-0.38 | $0.47 | ||
| Q1 25 | $-0.55 | — | ||
| Q4 24 | $-0.40 | — | ||
| Q3 24 | $-0.50 | $0.41 | ||
| Q2 24 | $-0.43 | $0.41 | ||
| Q1 24 | $-0.50 | — |
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 | — |
| 总债务越低越好 | — | $14.1M |
| 股东权益账面价值 | $40.2M | $122.5M |
| 总资产 | $53.0M | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资DMRCPBHC
| Q4 25 | $12.9M | — | ||
| Q3 25 | $12.6M | — | ||
| Q2 25 | $16.1M | — | ||
| Q1 25 | $21.6M | — | ||
| Q4 24 | $28.7M | — | ||
| Q3 24 | $33.7M | — | ||
| Q2 24 | $41.5M | — | ||
| Q1 24 | $48.9M | — |
总债务DMRCPBHC
| Q4 25 | — | $14.1M | ||
| Q3 25 | — | $18.7M | ||
| Q2 25 | — | $21.0M | ||
| Q1 25 | — | $17.6M | ||
| Q4 24 | — | $27.1M | ||
| Q3 24 | — | $39.8M | ||
| Q2 24 | — | $45.9M | ||
| Q1 24 | — | $45.9M |
股东权益DMRCPBHC
| Q4 25 | $40.2M | $122.5M | ||
| Q3 25 | $41.4M | $126.3M | ||
| Q2 25 | $46.5M | $124.4M | ||
| Q1 25 | $50.0M | $124.9M | ||
| Q4 24 | $61.4M | $121.5M | ||
| Q3 24 | $70.2M | $120.2M | ||
| Q2 24 | $77.2M | $123.3M | ||
| Q1 24 | $84.5M | $121.8M |
总资产DMRCPBHC
| Q4 25 | $53.0M | $1.4B | ||
| Q3 25 | $55.4M | $1.5B | ||
| Q2 25 | $60.7M | $1.5B | ||
| Q1 25 | $66.5M | $1.5B | ||
| Q4 24 | $75.8M | $1.5B | ||
| Q3 24 | $85.0M | $1.5B | ||
| Q2 24 | $93.4M | $1.4B | ||
| Q1 24 | $99.7M | $1.5B |
负债/权益比DMRCPBHC
| Q4 25 | — | 0.11× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.33× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.38× |
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 | $11.7M |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $10.4M |
| 自由现金流率自由现金流/营收 | 10.0% | 88.1% |
| 资本支出强度资本支出/营收 | 1.1% | 10.7% |
| 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 | $18.4M |
8季度趋势，按日历期对齐
经营现金流DMRCPBHC
| Q4 25 | $991.0K | $11.7M | ||
| Q3 25 | $-2.6M | $7.0M | ||
| Q2 25 | $-4.7M | $-3.7M | ||
| Q1 25 | $-5.5M | $5.7M | ||
| Q4 24 | $-4.2M | $11.2M | ||
| Q3 24 | $-7.1M | $11.8M | ||
| Q2 24 | $-6.8M | $1.5M | ||
| Q1 24 | $-8.4M | $504.0K |
自由现金流DMRCPBHC
| Q4 25 | $895.0K | $10.4M | ||
| Q3 25 | $-2.8M | $6.9M | ||
| Q2 25 | $-4.9M | $-4.0M | ||
| Q1 25 | $-5.5M | $5.1M | ||
| Q4 24 | $-4.2M | $9.1M | ||
| Q3 24 | $-7.2M | $11.3M | ||
| Q2 24 | $-6.9M | $637.0K | ||
| Q1 24 | $-8.5M | $274.0K |
自由现金流率DMRCPBHC
| Q4 25 | 10.0% | 88.1% | ||
| Q3 25 | -36.9% | 52.8% | ||
| Q2 25 | -61.0% | -42.6% | ||
| Q1 25 | -59.1% | 40.1% | ||
| Q4 24 | -49.1% | 59.9% | ||
| Q3 24 | -75.7% | 84.3% | ||
| Q2 24 | -66.1% | 6.0% | ||
| Q1 24 | -85.8% | 2.5% |
资本支出强度DMRCPBHC
| Q4 25 | 1.1% | 10.7% | ||
| Q3 25 | 2.9% | 1.0% | ||
| Q2 25 | 2.5% | 2.4% | ||
| Q1 25 | 0.6% | 5.1% | ||
| Q4 24 | 0.2% | 13.5% | ||
| Q3 24 | 0.7% | 3.8% | ||
| Q2 24 | 0.3% | 8.2% | ||
| Q1 24 | 1.1% | 2.1% |
现金转化率DMRCPBHC
| Q4 25 | — | — | ||
| Q3 25 | — | 11.26× | ||
| Q2 25 | — | -120.55× | ||
| Q1 25 | — | 1.92× | ||
| Q4 24 | — | 2.87× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.24× |
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
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
PBHC
| Other | $5.6M | 47% |
| Banking | $3.7M | 31% |
| Deposit Account | $1.5M | 13% |
| Financial Service Other | $1.0M | 9% |
