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Digimarc CORP（DMRC）与Spire Global, Inc.（SPIR）财务数据对比。点击上方公司名可切换其他公司
Spire Global, Inc.的季度营收约是Digimarc CORP的1.8倍（$15.8M vs $8.9M），Digimarc CORP净利率更高（-47.2% vs -176.6%，领先129.4%），Digimarc CORP同比增速更快（2.9% vs -26.9%），Digimarc CORP自由现金流更多（$895.0K vs $-16.2M），过去两年Digimarc CORP的营收复合增速更高（-5.3% vs -32.6%）
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。
Spire Global, Inc.是一家天基云数据与分析服务企业，核心业务依托由大量纳米卫星组成的卫星星座，提供覆盖全球的多领域数据集追踪服务，具体包含船舶航运追踪、航空航行监控以及气象模式观测等相关业务，服务覆盖全球范围。
DMRC vs SPIR — 直观对比
营收规模更大
SPIR
是对方的1.8倍
$8.9M
营收增速更快
DMRC
高出29.8%
-26.9%
净利率更高
DMRC
高出129.4%
-176.6%
自由现金流更多
DMRC
多$17.1M
$-16.2M
两年增速更快
DMRC
近两年复合增速
-32.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $15.8M |
| 净利润 | $-4.2M | $-28.0M |
| 毛利率 | 63.5% | 40.2% |
| 营业利润率 | -48.2% | -164.1% |
| 净利率 | -47.2% | -176.6% |
| 营收同比 | 2.9% | -26.9% |
| 净利润同比 | 51.4% | 42.7% |
| 每股收益（稀释后） | $-0.18 | $-0.85 |
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DMRCSPIR
| Q4 25 | $8.9M | $15.8M | ||
| Q3 25 | $7.6M | $12.7M | ||
| Q2 25 | $8.0M | $19.2M | ||
| Q1 25 | $9.4M | $23.9M | ||
| Q4 24 | $8.7M | $21.7M | ||
| Q3 24 | $9.4M | $28.6M | ||
| Q2 24 | $10.4M | $25.4M | ||
| Q1 24 | $9.9M | $34.8M |
净利润DMRCSPIR
| Q4 25 | $-4.2M | $-28.0M | ||
| Q3 25 | $-8.2M | $-19.7M | ||
| Q2 25 | $-8.2M | $119.6M | ||
| Q1 25 | $-11.7M | $-20.7M | ||
| Q4 24 | $-8.6M | $-48.8M | ||
| Q3 24 | $-10.8M | $-12.5M | ||
| Q2 24 | $-9.3M | $-16.6M | ||
| Q1 24 | $-10.3M | $-25.5M |
毛利率DMRCSPIR
| Q4 25 | 63.5% | 40.2% | ||
| Q3 25 | 58.3% | 36.6% | ||
| Q2 25 | 58.8% | 48.9% | ||
| Q1 25 | 65.0% | 36.8% | ||
| Q4 24 | 60.8% | 32.4% | ||
| Q3 24 | 62.4% | 44.5% | ||
| Q2 24 | 66.1% | 43.0% | ||
| Q1 24 | 62.5% | 26.5% |
营业利润率DMRCSPIR
| Q4 25 | -48.2% | -164.1% | ||
| Q3 25 | -109.7% | -166.1% | ||
| Q2 25 | -105.2% | -122.7% | ||
| Q1 25 | -128.9% | -106.5% | ||
| Q4 24 | -105.1% | -144.1% | ||
| Q3 24 | -120.4% | -48.0% | ||
| Q2 24 | -96.2% | -48.6% | ||
| Q1 24 | -109.2% | -34.4% |
净利率DMRCSPIR
| Q4 25 | -47.2% | -176.6% | ||
| Q3 25 | -106.9% | -155.3% | ||
| Q2 25 | -102.6% | 623.4% | ||
| Q1 25 | -125.2% | -86.5% | ||
| Q4 24 | -99.9% | -225.2% | ||
| Q3 24 | -113.9% | -43.7% | ||
| Q2 24 | -89.3% | -65.2% | ||
| Q1 24 | -104.0% | -73.3% |
每股收益（稀释后）DMRCSPIR
| Q4 25 | $-0.18 | $-0.85 | ||
| Q3 25 | $-0.38 | $-0.61 | ||
| Q2 25 | $-0.38 | $3.72 | ||
| Q1 25 | $-0.55 | $-0.77 | ||
| Q4 24 | $-0.40 | $-1.93 | ||
| Q3 24 | $-0.50 | $-0.50 | ||
| Q2 24 | $-0.43 | $-0.68 | ||
| Q1 24 | $-0.50 | $-1.17 |
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 | $81.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $40.2M | $112.9M |
| 总资产 | $53.0M | $211.0M |
| 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DMRCSPIR
| Q4 25 | $12.9M | $81.8M | ||
| Q3 25 | $12.6M | $96.8M | ||
| Q2 25 | $16.1M | $117.6M | ||
| Q1 25 | $21.6M | $35.9M | ||
| Q4 24 | $28.7M | $19.2M | ||
| Q3 24 | $33.7M | $36.6M | ||
| Q2 24 | $41.5M | $45.8M | ||
| Q1 24 | $48.9M | $63.7M |
总债务DMRCSPIR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $103.7M | ||
| Q4 24 | — | $103.1M | ||
| Q3 24 | — | $4.9M | ||
| Q2 24 | — | $4.9M | ||
| Q1 24 | — | $123.1M |
股东权益DMRCSPIR
| Q4 25 | $40.2M | $112.9M | ||
| Q3 25 | $41.4M | $133.1M | ||
| Q2 25 | $46.5M | $149.2M | ||
| Q1 25 | $50.0M | $3.7M | ||
| Q4 24 | $61.4M | $-11.7M | ||
| Q3 24 | $70.2M | $30.8M | ||
| Q2 24 | $77.2M | $40.3M | ||
| Q1 24 | $84.5M | $52.5M |
总资产DMRCSPIR
| Q4 25 | $53.0M | $211.0M | ||
| Q3 25 | $55.4M | $224.3M | ||
| Q2 25 | $60.7M | $239.5M | ||
| Q1 25 | $66.5M | $208.8M | ||
| Q4 24 | $75.8M | $193.6M | ||
| Q3 24 | $85.0M | $224.2M | ||
| Q2 24 | $93.4M | $230.8M | ||
| Q1 24 | $99.7M | $252.3M |
负债/权益比DMRCSPIR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 27.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 2.35× |
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 | $-4.3M |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $-16.2M |
| 自由现金流率自由现金流/营收 | 10.0% | -102.1% |
| 资本支出强度资本支出/营收 | 1.1% | 75.1% |
| 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 | $-92.6M |
8季度趋势，按日历期对齐
经营现金流DMRCSPIR
| Q4 25 | $991.0K | $-4.3M | ||
| Q3 25 | $-2.6M | $-12.0M | ||
| Q2 25 | $-4.7M | $-35.1M | ||
| Q1 25 | $-5.5M | $-8.4M | ||
| Q4 24 | $-4.2M | $-19.2M | ||
| Q3 24 | $-7.1M | $14.0M | ||
| Q2 24 | $-6.8M | $-4.4M | ||
| Q1 24 | $-8.4M | $-8.8M |
自由现金流DMRCSPIR
| Q4 25 | $895.0K | $-16.2M | ||
| Q3 25 | $-2.8M | $-20.4M | ||
| Q2 25 | $-4.9M | $-38.7M | ||
| Q1 25 | $-5.5M | $-17.3M | ||
| Q4 24 | $-4.2M | $-24.3M | ||
| Q3 24 | $-7.2M | $5.1M | ||
| Q2 24 | $-6.9M | $-9.9M | ||
| Q1 24 | $-8.5M | $-15.9M |
自由现金流率DMRCSPIR
| Q4 25 | 10.0% | -102.1% | ||
| Q3 25 | -36.9% | -161.3% | ||
| Q2 25 | -61.0% | -201.7% | ||
| Q1 25 | -59.1% | -72.6% | ||
| Q4 24 | -49.1% | -112.2% | ||
| Q3 24 | -75.7% | 17.8% | ||
| Q2 24 | -66.1% | -39.0% | ||
| Q1 24 | -85.8% | -45.7% |
资本支出强度DMRCSPIR
| Q4 25 | 1.1% | 75.1% | ||
| Q3 25 | 2.9% | 66.2% | ||
| Q2 25 | 2.5% | 18.8% | ||
| Q1 25 | 0.6% | 37.3% | ||
| Q4 24 | 0.2% | 23.5% | ||
| Q3 24 | 0.7% | 31.2% | ||
| Q2 24 | 0.3% | 21.8% | ||
| Q1 24 | 1.1% | 20.3% |
现金转化率DMRCSPIR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.29× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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% |
SPIR
暂无分部数据
