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Digimarc CORP（DMRC）与PURE CYCLE CORP（PCYO）财务数据对比。点击上方公司名可切换其他公司
PURE CYCLE CORP的季度营收约是Digimarc CORP的1.0倍（$9.1M vs $8.9M），PURE CYCLE CORP净利率更高（50.0% vs -47.2%，领先97.2%），PURE CYCLE CORP同比增速更快（58.8% vs 2.9%），过去两年PURE CYCLE CORP的营收复合增速更高（69.0% 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。
Pure Cycle Corp是一家自行车企业，2010年由迈克尔·费希曼、乔丹·肖、扎卡里·肖与奥斯汀·斯托弗斯创立，原名Pure Fix Cycles，总部位于美国加利福尼亚州洛杉矶，主营自行车相关业务。
DMRC vs PCYO — 直观对比
营收规模更大
PCYO
是对方的1.0倍
$8.9M
营收增速更快
PCYO
高出55.9%
2.9%
净利率更高
PCYO
高出97.2%
-47.2%
两年增速更快
PCYO
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $9.1M |
| 净利润 | $-4.2M | $4.6M |
| 毛利率 | 63.5% | 68.4% |
| 营业利润率 | -48.2% | 48.0% |
| 净利率 | -47.2% | 50.0% |
| 营收同比 | 2.9% | 58.8% |
| 净利润同比 | 51.4% | 16.0% |
| 每股收益（稀释后） | $-0.18 | $0.19 |
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DMRCPCYO
| Q4 25 | $8.9M | $9.1M | ||
| Q3 25 | $7.6M | $11.2M | ||
| Q2 25 | $8.0M | $5.1M | ||
| Q1 25 | $9.4M | $4.0M | ||
| Q4 24 | $8.7M | $5.8M | ||
| Q3 24 | $9.4M | $12.6M | ||
| Q2 24 | $10.4M | $7.6M | ||
| Q1 24 | $9.9M | $3.2M |
净利润DMRCPCYO
| Q4 25 | $-4.2M | $4.6M | ||
| Q3 25 | $-8.2M | $6.1M | ||
| Q2 25 | $-8.2M | $2.3M | ||
| Q1 25 | $-11.7M | $809.0K | ||
| Q4 24 | $-8.6M | $3.9M | ||
| Q3 24 | $-10.8M | $6.6M | ||
| Q2 24 | $-9.3M | $2.8M | ||
| Q1 24 | $-10.3M | $118.0K |
毛利率DMRCPCYO
| Q4 25 | 63.5% | 68.4% | ||
| Q3 25 | 58.3% | 67.7% | ||
| Q2 25 | 58.8% | 63.4% | ||
| Q1 25 | 65.0% | 38.2% | ||
| Q4 24 | 60.8% | 63.8% | ||
| Q3 24 | 62.4% | 77.8% | ||
| Q2 24 | 66.1% | 64.0% | ||
| Q1 24 | 62.5% | 55.6% |
营业利润率DMRCPCYO
| Q4 25 | -48.2% | 48.0% | ||
| Q3 25 | -109.7% | 53.1% | ||
| Q2 25 | -105.2% | 26.0% | ||
| Q1 25 | -128.9% | -33.2% | ||
| Q4 24 | -105.1% | 29.9% | ||
| Q3 24 | -120.4% | 62.0% | ||
| Q2 24 | -96.2% | 40.3% | ||
| Q1 24 | -109.2% | -11.5% |
净利率DMRCPCYO
| Q4 25 | -47.2% | 50.0% | ||
| Q3 25 | -106.9% | 54.5% | ||
| Q2 25 | -102.6% | 43.9% | ||
| Q1 25 | -125.2% | 20.3% | ||
| Q4 24 | -99.9% | 68.4% | ||
| Q3 24 | -113.9% | 52.6% | ||
| Q2 24 | -89.3% | 37.2% | ||
| Q1 24 | -104.0% | 3.7% |
每股收益（稀释后）DMRCPCYO
| Q4 25 | $-0.18 | $0.19 | ||
| Q3 25 | $-0.38 | $0.26 | ||
| Q2 25 | $-0.38 | $0.09 | ||
| Q1 25 | $-0.55 | $0.03 | ||
| Q4 24 | $-0.40 | $0.16 | ||
| Q3 24 | $-0.50 | $0.27 | ||
| Q2 24 | $-0.43 | $0.12 | ||
| Q1 24 | $-0.50 | $0.00 |
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 | $17.1M |
| 总债务越低越好 | — | $8.0M |
| 股东权益账面价值 | $40.2M | $147.5M |
| 总资产 | $53.0M | $168.1M |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资DMRCPCYO
| Q4 25 | $12.9M | $17.1M | ||
| Q3 25 | $12.6M | $21.9M | ||
| Q2 25 | $16.1M | $14.4M | ||
| Q1 25 | $21.6M | $16.5M | ||
| Q4 24 | $28.7M | $19.0M | ||
| Q3 24 | $33.7M | $22.1M | ||
| Q2 24 | $41.5M | $20.5M | ||
| Q1 24 | $48.9M | $20.6M |
总债务DMRCPCYO
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $6.8M | ||
| Q2 25 | — | $6.9M | ||
| Q1 25 | — | $6.9M | ||
| Q4 24 | — | $6.9M | ||
| Q3 24 | — | $6.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DMRCPCYO
| Q4 25 | $40.2M | $147.5M | ||
| Q3 25 | $41.4M | $142.7M | ||
| Q2 25 | $46.5M | $136.7M | ||
| Q1 25 | $50.0M | $134.4M | ||
| Q4 24 | $61.4M | $133.6M | ||
| Q3 24 | $70.2M | $129.7M | ||
| Q2 24 | $77.2M | $123.2M | ||
| Q1 24 | $84.5M | $120.4M |
总资产DMRCPCYO
| Q4 25 | $53.0M | $168.1M | ||
| Q3 25 | $55.4M | $162.3M | ||
| Q2 25 | $60.7M | $151.7M | ||
| Q1 25 | $66.5M | $149.7M | ||
| Q4 24 | $75.8M | $149.7M | ||
| Q3 24 | $85.0M | $147.4M | ||
| Q2 24 | $93.4M | $140.4M | ||
| Q1 24 | $99.7M | $135.2M |
负债/权益比DMRCPCYO
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.05× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-979.0K |
| 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% | — |
| 现金转化率经营现金流/净利润 | — | -0.21× |
| 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DMRCPCYO
| Q4 25 | $991.0K | $-979.0K | ||
| Q3 25 | $-2.6M | $9.4M | ||
| Q2 25 | $-4.7M | $-503.0K | ||
| Q1 25 | $-5.5M | $-1.4M | ||
| Q4 24 | $-4.2M | $5.7M | ||
| Q3 24 | $-7.1M | $3.1M | ||
| Q2 24 | $-6.8M | $892.0K | ||
| Q1 24 | $-8.4M | $-457.0K |
自由现金流DMRCPCYO
| Q4 25 | $895.0K | — | ||
| Q3 25 | $-2.8M | — | ||
| Q2 25 | $-4.9M | — | ||
| Q1 25 | $-5.5M | — | ||
| Q4 24 | $-4.2M | — | ||
| Q3 24 | $-7.2M | — | ||
| Q2 24 | $-6.9M | — | ||
| Q1 24 | $-8.5M | — |
自由现金流率DMRCPCYO
| Q4 25 | 10.0% | — | ||
| Q3 25 | -36.9% | — | ||
| Q2 25 | -61.0% | — | ||
| Q1 25 | -59.1% | — | ||
| Q4 24 | -49.1% | — | ||
| Q3 24 | -75.7% | — | ||
| Q2 24 | -66.1% | — | ||
| Q1 24 | -85.8% | — |
资本支出强度DMRCPCYO
| Q4 25 | 1.1% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 1.1% | — |
现金转化率DMRCPCYO
| Q4 25 | — | -0.21× | ||
| Q3 25 | — | 1.53× | ||
| Q2 25 | — | -0.22× | ||
| Q1 25 | — | -1.70× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | — | -3.87× |
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% |
PCYO
| Construction | $6.5M | 71% |
| Water And Wastewater Resource Development Segment | $2.5M | 27% |
