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FARMER BROTHERS CO（FARM）与Repay Holdings Corp（RPAY）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Repay Holdings Corp的1.1倍（$88.9M vs $78.6M），FARMER BROTHERS CO净利率更高（-5.5% vs -178.3%，领先172.8%），Repay Holdings Corp同比增速更快（0.4% vs -1.2%），Repay Holdings Corp自由现金流更多（$23.2M vs $-2.6M），过去两年FARMER BROTHERS CO的营收复合增速更高（2.1% vs -1.3%）
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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
FARM vs RPAY — 直观对比
营收规模更大
FARM
是对方的1.1倍
$78.6M
营收增速更快
RPAY
高出1.6%
-1.2%
净利率更高
FARM
高出172.8%
-178.3%
自由现金流更多
RPAY
多$25.8M
$-2.6M
两年增速更快
FARM
近两年复合增速
-1.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $78.6M |
| 净利润 | $-4.9M | $-140.1M |
| 毛利率 | 36.3% | 74.2% |
| 营业利润率 | -4.7% | -182.2% |
| 净利率 | -5.5% | -178.3% |
| 营收同比 | -1.2% | 0.4% |
| 净利润同比 | -2417.1% | -3304.1% |
| 每股收益（稀释后） | $-0.22 | $-1.68 |
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FARMRPAY
| Q4 25 | $88.9M | $78.6M | ||
| Q3 25 | $81.6M | $77.7M | ||
| Q2 25 | $85.1M | $75.6M | ||
| Q1 25 | $82.1M | $77.3M | ||
| Q4 24 | $90.0M | $78.3M | ||
| Q3 24 | $85.1M | $79.1M | ||
| Q2 24 | $84.4M | $74.9M | ||
| Q1 24 | $85.4M | $80.7M |
净利润FARMRPAY
| Q4 25 | $-4.9M | $-140.1M | ||
| Q3 25 | $-4.0M | $-6.4M | ||
| Q2 25 | $-4.7M | $-102.3M | ||
| Q1 25 | $-5.0M | $-7.9M | ||
| Q4 24 | $210.0K | $-4.1M | ||
| Q3 24 | $-5.0M | $3.2M | ||
| Q2 24 | $-4.6M | $-4.1M | ||
| Q1 24 | $-682.0K | $-5.2M |
毛利率FARMRPAY
| Q4 25 | 36.3% | 74.2% | ||
| Q3 25 | 39.7% | 74.4% | ||
| Q2 25 | 44.9% | 75.7% | ||
| Q1 25 | 42.1% | 75.9% | ||
| Q4 24 | 43.1% | 76.3% | ||
| Q3 24 | 43.9% | 77.8% | ||
| Q2 24 | 38.8% | 78.2% | ||
| Q1 24 | 40.1% | 76.2% |
营业利润率FARMRPAY
| Q4 25 | -4.7% | -182.2% | ||
| Q3 25 | -3.9% | -3.9% | ||
| Q2 25 | 4.6% | -138.7% | ||
| Q1 25 | -4.3% | -4.7% | ||
| Q4 24 | 1.1% | -1.5% | ||
| Q3 24 | -3.3% | -0.9% | ||
| Q2 24 | -4.9% | -4.6% | ||
| Q1 24 | -0.5% | -3.1% |
净利率FARMRPAY
| Q4 25 | -5.5% | -178.3% | ||
| Q3 25 | -4.9% | -8.3% | ||
| Q2 25 | -5.6% | -135.2% | ||
| Q1 25 | -6.1% | -10.3% | ||
| Q4 24 | 0.2% | -5.3% | ||
| Q3 24 | -5.9% | 4.1% | ||
| Q2 24 | -5.4% | -5.4% | ||
| Q1 24 | -0.8% | -6.5% |
每股收益（稀释后）FARMRPAY
| Q4 25 | $-0.22 | $-1.68 | ||
| Q3 25 | $-0.19 | $-0.08 | ||
| Q2 25 | $-0.22 | $-1.15 | ||
| Q1 25 | $-0.23 | $-0.09 | ||
| Q4 24 | $0.01 | $-0.04 | ||
| Q3 24 | $-0.24 | $0.03 | ||
| Q2 24 | $-0.23 | $-0.04 | ||
| Q1 24 | $-0.03 | $-0.06 |
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 | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $35.7M | $484.4M |
| 总资产 | $151.4M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资FARMRPAY
| Q4 25 | $4.2M | $115.7M | ||
| Q3 25 | $3.8M | $95.7M | ||
| Q2 25 | $6.8M | $162.6M | ||
| Q1 25 | $4.1M | $165.5M | ||
| Q4 24 | $5.5M | $189.5M | ||
| Q3 24 | $3.3M | $168.7M | ||
| Q2 24 | $5.8M | $147.1M | ||
| Q1 24 | $5.5M | $128.3M |
总债务FARMRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益FARMRPAY
| Q4 25 | $35.7M | $484.4M | ||
| Q3 25 | $40.0M | $616.9M | ||
| Q2 25 | $43.5M | $633.7M | ||
| Q1 25 | $37.3M | $755.7M | ||
| Q4 24 | $41.5M | $761.3M | ||
| Q3 24 | $40.9M | $754.7M | ||
| Q2 24 | $45.5M | $815.4M | ||
| Q1 24 | $43.1M | $813.8M |
总资产FARMRPAY
| Q4 25 | $151.4M | $1.2B | ||
| Q3 25 | $158.8M | $1.3B | ||
| Q2 25 | $161.2M | $1.4B | ||
| Q1 25 | $163.2M | $1.5B | ||
| Q4 24 | $179.1M | $1.6B | ||
| Q3 24 | $182.0M | $1.6B | ||
| Q2 24 | $185.2M | $1.5B | ||
| Q1 24 | $179.1M | $1.5B |
负债/权益比FARMRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | $23.2M |
| 自由现金流率自由现金流/营收 | -2.9% | 29.6% |
| 资本支出强度资本支出/营收 | 2.1% | 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 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流FARMRPAY
| Q4 25 | $-786.0K | $23.3M | ||
| Q3 25 | $-5.0M | $32.2M | ||
| Q2 25 | $9.7M | $33.1M | ||
| Q1 25 | $1.3M | $2.5M | ||
| Q4 24 | $2.6M | $34.3M | ||
| Q3 24 | $2.5M | $60.1M | ||
| Q2 24 | $-995.0K | $31.0M | ||
| Q1 24 | $-2.3M | $24.8M |
自由现金流FARMRPAY
| Q4 25 | $-2.6M | $23.2M | ||
| Q3 25 | $-6.9M | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | $-684.0K | $2.4M | ||
| Q4 24 | $521.0K | $34.0M | ||
| Q3 24 | $-837.0K | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | $-5.7M | $24.7M |
自由现金流率FARMRPAY
| Q4 25 | -2.9% | 29.6% | ||
| Q3 25 | -8.5% | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | -0.8% | 3.0% | ||
| Q4 24 | 0.6% | 43.5% | ||
| Q3 24 | -1.0% | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | -6.7% | 30.6% |
资本支出强度FARMRPAY
| Q4 25 | 2.1% | 0.1% | ||
| Q3 25 | 2.4% | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | 2.4% | 0.2% | ||
| Q4 24 | 2.3% | 0.3% | ||
| Q3 24 | 3.9% | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | 4.0% | 0.1% |
现金转化率FARMRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 12.16× | — | ||
| Q3 24 | — | 18.52× | ||
| 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
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% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
