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Exodus Movement, Inc.（EXOD）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
TELOS CORP的季度营收约是Exodus Movement, Inc.的1.6倍（$46.8M vs $29.4M），TELOS CORP净利率更高（-34.9% vs -181.0%，领先146.1%），TELOS CORP同比增速更快（77.4% vs -34.4%），TELOS CORP自由现金流更多（$8.0M vs $-25.8M），过去两年TELOS CORP的营收复合增速更高（25.7% vs 0.6%）
Exodus Movement成立于2015年，核心产品Exodus加密货币钱包支持多端使用，可在桌面端Windows、macOS、Linux系统，移动端iOS、安卓系统以及浏览器扩展中使用，支持比特币、以太坊、索拉纳等多种主流数字资产的存储管理。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
EXOD vs TLS — 直观对比
营收规模更大
TLS
是对方的1.6倍
$29.4M
营收增速更快
TLS
高出111.8%
-34.4%
净利率更高
TLS
高出146.1%
-181.0%
自由现金流更多
TLS
多$33.8M
$-25.8M
两年增速更快
TLS
近两年复合增速
0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $29.4M | $46.8M |
| 净利润 | $-53.2M | $-16.3M |
| 毛利率 | — | 35.0% |
| 营业利润率 | -226.9% | -39.6% |
| 净利率 | -181.0% | -34.9% |
| 营收同比 | -34.4% | 77.4% |
| 净利润同比 | -179.5% | -74.8% |
| 每股收益（稀释后） | — | $-0.22 |
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EXODTLS
| Q4 25 | $29.4M | $46.8M | ||
| Q3 25 | $30.3M | $51.4M | ||
| Q2 25 | $25.8M | $36.0M | ||
| Q1 25 | $36.0M | $30.6M | ||
| Q4 24 | $44.8M | $26.4M | ||
| Q3 24 | $20.1M | $23.8M | ||
| Q2 24 | $22.3M | $28.5M | ||
| Q1 24 | $29.1M | $29.6M |
净利润EXODTLS
| Q4 25 | $-53.2M | $-16.3M | ||
| Q3 25 | $17.0M | $-2.1M | ||
| Q2 25 | $37.7M | $-9.5M | ||
| Q1 25 | $-12.9M | $-8.6M | ||
| Q4 24 | $66.9M | $-9.3M | ||
| Q3 24 | $843.0K | $-28.1M | ||
| Q2 24 | $-9.6M | $-7.8M | ||
| Q1 24 | $54.8M | $-7.4M |
毛利率EXODTLS
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 33.2% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 40.3% | ||
| Q3 24 | 43.7% | 13.2% | ||
| Q2 24 | 51.7% | 34.1% | ||
| Q1 24 | 63.2% | 37.0% |
营业利润率EXODTLS
| Q4 25 | -226.9% | -39.6% | ||
| Q3 25 | 66.9% | -4.8% | ||
| Q2 25 | — | -27.5% | ||
| Q1 25 | -60.4% | -29.5% | ||
| Q4 24 | — | -37.6% | ||
| Q3 24 | -0.3% | -121.4% | ||
| Q2 24 | -66.1% | -30.3% | ||
| Q1 24 | — | -28.5% |
净利率EXODTLS
| Q4 25 | -181.0% | -34.9% | ||
| Q3 25 | 56.2% | -4.1% | ||
| Q2 25 | 145.8% | -26.5% | ||
| Q1 25 | -35.8% | -28.1% | ||
| Q4 24 | 149.4% | -35.4% | ||
| Q3 24 | 4.2% | -118.0% | ||
| Q2 24 | -43.1% | -27.2% | ||
| Q1 24 | 188.5% | -24.9% |
每股收益（稀释后）EXODTLS
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | — | $-0.39 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.10 |
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 | $4.9M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $247.4M | $96.0M |
| 总资产 | $266.8M | $139.9M |
| 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EXODTLS
| Q4 25 | $4.9M | $53.2M | ||
| Q3 25 | $50.5M | $59.0M | ||
| Q2 25 | $52.9M | $57.0M | ||
| Q1 25 | $59.8M | $57.8M | ||
| Q4 24 | $37.9M | $54.6M | ||
| Q3 24 | $26.5M | $69.8M | ||
| Q2 24 | $27.8M | $80.1M | ||
| Q1 24 | $21.0M | $93.9M |
股东权益EXODTLS
| Q4 25 | $247.4M | $96.0M | ||
| Q3 25 | $296.7M | $119.7M | ||
| Q2 25 | $277.1M | $118.4M | ||
| Q1 25 | $241.5M | $126.1M | ||
| Q4 24 | $257.5M | $127.1M | ||
| Q3 24 | $191.2M | $129.5M | ||
| Q2 24 | $190.8M | $149.1M | ||
| Q1 24 | $199.1M | $154.4M |
总资产EXODTLS
| Q4 25 | $266.8M | $139.9M | ||
| Q3 25 | $338.5M | $164.3M | ||
| Q2 25 | $313.7M | $165.0M | ||
| Q1 25 | $263.2M | $158.1M | ||
| Q4 24 | $288.0M | $158.2M | ||
| Q3 24 | $211.6M | $166.3M | ||
| Q2 24 | $211.6M | $182.4M | ||
| Q1 24 | $225.4M | $195.4M |
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 | $-25.6M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $-25.8M | $8.0M |
| 自由现金流率自由现金流/营收 | -87.9% | 17.0% |
| 资本支出强度资本支出/营收 | 0.9% | 0.1% |
| 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 | $-42.3M | $29.4M |
8季度趋势，按日历期对齐
经营现金流EXODTLS
| Q4 25 | $-25.6M | $8.0M | ||
| Q3 25 | $-4.8M | $9.1M | ||
| Q2 25 | $-5.3M | $7.0M | ||
| Q1 25 | $-6.2M | $6.1M | ||
| Q4 24 | $-12.0M | $-10.5M | ||
| Q3 24 | $-4.9M | $-7.1M | ||
| Q2 24 | $-2.4M | $-8.0M | ||
| Q1 24 | $450.0K | $-350.0K |
自由现金流EXODTLS
| Q4 25 | $-25.8M | $8.0M | ||
| Q3 25 | $-4.8M | $8.7M | ||
| Q2 25 | $-5.4M | $6.8M | ||
| Q1 25 | $-6.2M | $6.0M | ||
| Q4 24 | $-12.3M | $-12.4M | ||
| Q3 24 | $-4.9M | $-7.1M | ||
| Q2 24 | $-2.4M | $-8.2M | ||
| Q1 24 | $300.0K | $-447.0K |
自由现金流率EXODTLS
| Q4 25 | -87.9% | 17.0% | ||
| Q3 25 | -16.0% | 16.9% | ||
| Q2 25 | -20.7% | 19.0% | ||
| Q1 25 | -17.3% | 19.5% | ||
| Q4 24 | -27.5% | -47.0% | ||
| Q3 24 | -24.5% | -30.0% | ||
| Q2 24 | -10.8% | -28.9% | ||
| Q1 24 | 1.0% | -1.5% |
资本支出强度EXODTLS
| Q4 25 | 0.9% | 0.1% | ||
| Q3 25 | 0.1% | 0.9% | ||
| Q2 25 | 0.4% | 0.4% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.6% | 7.1% | ||
| Q3 24 | 0.2% | 0.2% | ||
| Q2 24 | 0.2% | 0.8% | ||
| Q1 24 | 0.5% | 0.3% |
现金转化率EXODTLS
| Q4 25 | — | — | ||
| Q3 25 | -0.28× | — | ||
| Q2 25 | -0.14× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.18× | — | ||
| Q3 24 | -5.80× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.01× | — |
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
EXOD
| Exchange Aggregation | $26.6M | 90% |
| Other | $2.8M | 10% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
