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FARMER BROTHERS CO（FARM）与IMPINJ INC（PI）财务数据对比。点击上方公司名可切换其他公司
FARMER BROTHERS CO的季度营收约是IMPINJ INC的1.2倍（$88.9M vs $74.3M），IMPINJ INC净利率更高（11.2% vs -5.5%，领先16.7%），IMPINJ INC同比增速更快（-0.0% vs -1.2%），IMPINJ INC自由现金流更多（$2.2M vs $-2.6M），过去两年FARMER BROTHERS CO的营收复合增速更高（2.1% vs -14.9%）
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
FARM vs PI — 直观对比
营收规模更大
FARM
是对方的1.2倍
$74.3M
营收增速更快
PI
高出1.2%
-1.2%
净利率更高
PI
高出16.7%
-5.5%
自由现金流更多
PI
多$4.8M
$-2.6M
两年增速更快
FARM
近两年复合增速
-14.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $74.3M |
| 净利润 | $-4.9M | $8.3M |
| 毛利率 | 36.3% | 49.1% |
| 营业利润率 | -4.7% | 30.5% |
| 净利率 | -5.5% | 11.2% |
| 营收同比 | -1.2% | -0.0% |
| 净利润同比 | -2417.1% | — |
| 每股收益（稀释后） | $-0.22 | $0.14 |
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FARMPI
| Q1 26 | — | $74.3M | ||
| Q4 25 | $88.9M | $92.8M | ||
| Q3 25 | $81.6M | $96.1M | ||
| Q2 25 | $85.1M | $97.9M | ||
| Q1 25 | $82.1M | $74.3M | ||
| Q4 24 | $90.0M | $91.6M | ||
| Q3 24 | $85.1M | $95.2M | ||
| Q2 24 | $84.4M | $102.5M |
净利润FARMPI
| Q1 26 | — | $8.3M | ||
| Q4 25 | $-4.9M | $-1.1M | ||
| Q3 25 | $-4.0M | $-12.8M | ||
| Q2 25 | $-4.7M | $11.6M | ||
| Q1 25 | $-5.0M | $-8.5M | ||
| Q4 24 | $210.0K | $-2.7M | ||
| Q3 24 | $-5.0M | $221.0K | ||
| Q2 24 | $-4.6M | $10.0M |
毛利率FARMPI
| Q1 26 | — | 49.1% | ||
| Q4 25 | 36.3% | 51.8% | ||
| Q3 25 | 39.7% | 50.3% | ||
| Q2 25 | 44.9% | 57.8% | ||
| Q1 25 | 42.1% | 49.4% | ||
| Q4 24 | 43.1% | 50.5% | ||
| Q3 24 | 43.9% | 50.0% | ||
| Q2 24 | 38.8% | 56.1% |
营业利润率FARMPI
| Q1 26 | — | 30.5% | ||
| Q4 25 | -4.7% | -2.9% | ||
| Q3 25 | -3.9% | 0.7% | ||
| Q2 25 | 4.6% | 11.1% | ||
| Q1 25 | -4.3% | -12.9% | ||
| Q4 24 | 1.1% | -3.9% | ||
| Q3 24 | -3.3% | -0.8% | ||
| Q2 24 | -4.9% | 8.8% |
净利率FARMPI
| Q1 26 | — | 11.2% | ||
| Q4 25 | -5.5% | -1.2% | ||
| Q3 25 | -4.9% | -13.3% | ||
| Q2 25 | -5.6% | 11.8% | ||
| Q1 25 | -6.1% | -11.4% | ||
| Q4 24 | 0.2% | -2.9% | ||
| Q3 24 | -5.9% | 0.2% | ||
| Q2 24 | -5.4% | 9.7% |
每股收益（稀释后）FARMPI
| Q1 26 | — | $0.14 | ||
| Q4 25 | $-0.22 | $-0.02 | ||
| Q3 25 | $-0.19 | $-0.44 | ||
| Q2 25 | $-0.22 | $0.39 | ||
| Q1 25 | $-0.23 | $-0.30 | ||
| Q4 24 | $0.01 | $-0.06 | ||
| Q3 24 | $-0.24 | $0.01 | ||
| Q2 24 | $-0.23 | $0.34 |
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 | $4.2M | $131.8M |
| 总债务越低越好 | — | $241.5M |
| 股东权益账面价值 | $35.7M | — |
| 总资产 | $151.4M | $502.5M |
| 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FARMPI
| Q1 26 | — | $131.8M | ||
| Q4 25 | $4.2M | $175.3M | ||
| Q3 25 | $3.8M | $190.1M | ||
| Q2 25 | $6.8M | $193.2M | ||
| Q1 25 | $4.1M | $147.9M | ||
| Q4 24 | $5.5M | $164.7M | ||
| Q3 24 | $3.3M | $170.3M | ||
| Q2 24 | $5.8M | $220.2M |
总债务FARMPI
| Q1 26 | — | $241.5M | ||
| Q4 25 | — | $280.9M | ||
| Q3 25 | — | $280.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $283.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FARMPI
| Q1 26 | — | — | ||
| Q4 25 | $35.7M | $209.2M | ||
| Q3 25 | $40.0M | $195.0M | ||
| Q2 25 | $43.5M | $187.7M | ||
| Q1 25 | $37.3M | $160.6M | ||
| Q4 24 | $41.5M | $149.9M | ||
| Q3 24 | $40.9M | $136.1M | ||
| Q2 24 | $45.5M | $117.0M |
总资产FARMPI
| Q1 26 | — | $502.5M | ||
| Q4 25 | $151.4M | $545.2M | ||
| Q3 25 | $158.8M | $516.5M | ||
| Q2 25 | $161.2M | $508.8M | ||
| Q1 25 | $163.2M | $479.8M | ||
| Q4 24 | $179.1M | $489.1M | ||
| Q3 24 | $182.0M | $476.4M | ||
| Q2 24 | $185.2M | $446.1M |
负债/权益比FARMPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.89× | ||
| Q3 24 | — | — | ||
| Q2 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 | $-786.0K | — |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | $2.2M |
| 自由现金流率自由现金流/营收 | -2.9% | 3.0% |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 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 | — | $61.1M |
8季度趋势，按日历期对齐
经营现金流FARMPI
| Q1 26 | — | — | ||
| Q4 25 | $-786.0K | $15.1M | ||
| Q3 25 | $-5.0M | $20.9M | ||
| Q2 25 | $9.7M | $33.9M | ||
| Q1 25 | $1.3M | $-11.1M | ||
| Q4 24 | $2.6M | $12.6M | ||
| Q3 24 | $2.5M | $10.1M | ||
| Q2 24 | $-995.0K | $45.5M |
自由现金流FARMPI
| Q1 26 | — | $2.2M | ||
| Q4 25 | $-2.6M | $13.6M | ||
| Q3 25 | $-6.9M | $18.0M | ||
| Q2 25 | — | $27.3M | ||
| Q1 25 | $-684.0K | $-13.0M | ||
| Q4 24 | $521.0K | $8.5M | ||
| Q3 24 | $-837.0K | $4.7M | ||
| Q2 24 | — | $44.1M |
自由现金流率FARMPI
| Q1 26 | — | 3.0% | ||
| Q4 25 | -2.9% | 14.7% | ||
| Q3 25 | -8.5% | 18.7% | ||
| Q2 25 | — | 27.9% | ||
| Q1 25 | -0.8% | -17.5% | ||
| Q4 24 | 0.6% | 9.3% | ||
| Q3 24 | -1.0% | 4.9% | ||
| Q2 24 | — | 43.0% |
资本支出强度FARMPI
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 1.6% | ||
| Q3 25 | 2.4% | 3.1% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | 2.4% | 2.5% | ||
| Q4 24 | 2.3% | 4.5% | ||
| Q3 24 | 3.9% | 5.7% | ||
| Q2 24 | — | 1.3% |
现金转化率FARMPI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.93× | ||
| Q1 25 | — | — | ||
| Q4 24 | 12.16× | — | ||
| Q3 24 | — | 45.56× | ||
| Q2 24 | — | 4.56× |
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
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
PI
暂无分部数据
