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FARMER BROTHERS CO（FARM）与STEM, INC.（STEM）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STEM, INC.的1.9倍（$88.9M vs $47.1M），FARMER BROTHERS CO净利率更高（-5.5% vs -33.9%，领先28.4%），FARMER BROTHERS CO同比增速更快（-1.2% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 2.1%）
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。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
FARM vs STEM — 直观对比
营收规模更大
FARM
是对方的1.9倍
$47.1M
营收增速更快
FARM
高出14.3%
-15.6%
净利率更高
FARM
高出28.4%
-33.9%
两年增速更快
STEM
近两年复合增速
2.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $47.1M |
| 净利润 | $-4.9M | $-16.0M |
| 毛利率 | 36.3% | 48.9% |
| 营业利润率 | -4.7% | -17.7% |
| 净利率 | -5.5% | -33.9% |
| 营收同比 | -1.2% | -15.6% |
| 净利润同比 | -2417.1% | 68.8% |
| 每股收益（稀释后） | $-0.22 | $-4.40 |
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FARMSTEM
| Q4 25 | $88.9M | $47.1M | ||
| Q3 25 | $81.6M | $38.2M | ||
| Q2 25 | $85.1M | $38.4M | ||
| Q1 25 | $82.1M | $32.5M | ||
| Q4 24 | $90.0M | $55.8M | ||
| Q3 24 | $85.1M | $29.3M | ||
| Q2 24 | $84.4M | $34.0M | ||
| Q1 24 | $85.4M | $25.5M |
净利润FARMSTEM
| Q4 25 | $-4.9M | $-16.0M | ||
| Q3 25 | $-4.0M | $-23.8M | ||
| Q2 25 | $-4.7M | $202.5M | ||
| Q1 25 | $-5.0M | $-25.0M | ||
| Q4 24 | $210.0K | $-51.1M | ||
| Q3 24 | $-5.0M | $-148.3M | ||
| Q2 24 | $-4.6M | $-582.3M | ||
| Q1 24 | $-682.0K | $-72.3M |
毛利率FARMSTEM
| Q4 25 | 36.3% | 48.9% | ||
| Q3 25 | 39.7% | 35.5% | ||
| Q2 25 | 44.9% | 33.4% | ||
| Q1 25 | 42.1% | 32.4% | ||
| Q4 24 | 43.1% | -4.4% | ||
| Q3 24 | 43.9% | 21.2% | ||
| Q2 24 | 38.8% | 27.6% | ||
| Q1 24 | 40.1% | -95.0% |
营业利润率FARMSTEM
| Q4 25 | -4.7% | -17.7% | ||
| Q3 25 | -3.9% | -33.6% | ||
| Q2 25 | 4.6% | -34.8% | ||
| Q1 25 | -4.3% | -65.0% | ||
| Q4 24 | 1.1% | -84.4% | ||
| Q3 24 | -3.3% | -493.2% | ||
| Q2 24 | -4.9% | -1705.5% | ||
| Q1 24 | -0.5% | -267.0% |
净利率FARMSTEM
| Q4 25 | -5.5% | -33.9% | ||
| Q3 25 | -4.9% | -62.2% | ||
| Q2 25 | -5.6% | 527.8% | ||
| Q1 25 | -6.1% | -76.9% | ||
| Q4 24 | 0.2% | -91.6% | ||
| Q3 24 | -5.9% | -506.3% | ||
| Q2 24 | -5.4% | -1712.6% | ||
| Q1 24 | -0.8% | -283.9% |
每股收益（稀释后）FARMSTEM
| Q4 25 | $-0.22 | $-4.40 | ||
| Q3 25 | $-0.19 | $-2.84 | ||
| Q2 25 | $-0.22 | $-1.79 | ||
| Q1 25 | $-0.23 | $-0.15 | ||
| Q4 24 | $0.01 | $-15.29 | ||
| Q3 24 | $-0.24 | $-18.24 | ||
| Q2 24 | $-0.23 | $-71.81 | ||
| Q1 24 | $-0.03 | $-0.46 |
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 | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $35.7M | $-249.4M |
| 总资产 | $151.4M | $308.9M |
| 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FARMSTEM
| Q4 25 | $4.2M | $48.9M | ||
| Q3 25 | $3.8M | $43.1M | ||
| Q2 25 | $6.8M | $40.8M | ||
| Q1 25 | $4.1M | $58.6M | ||
| Q4 24 | $5.5M | $56.3M | ||
| Q3 24 | $3.3M | $75.4M | ||
| Q2 24 | $5.8M | $89.6M | ||
| Q1 24 | $5.5M | $112.8M |
股东权益FARMSTEM
| Q4 25 | $35.7M | $-249.4M | ||
| Q3 25 | $40.0M | $-235.7M | ||
| Q2 25 | $43.5M | $-214.1M | ||
| Q1 25 | $37.3M | $-417.5M | ||
| Q4 24 | $41.5M | $-398.4M | ||
| Q3 24 | $40.9M | $-344.1M | ||
| Q2 24 | $45.5M | $-203.2M | ||
| Q1 24 | $43.1M | $371.6M |
总资产FARMSTEM
| Q4 25 | $151.4M | $308.9M | ||
| Q3 25 | $158.8M | $362.6M | ||
| Q2 25 | $161.2M | $379.2M | ||
| Q1 25 | $163.2M | $405.1M | ||
| Q4 24 | $179.1M | $437.4M | ||
| Q3 24 | $182.0M | $537.8M | ||
| Q2 24 | $185.2M | $691.5M | ||
| Q1 24 | $179.1M | $1.3B |
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 | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | — |
| 自由现金流率自由现金流/营收 | -2.9% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流FARMSTEM
| Q4 25 | $-786.0K | $8.2M | ||
| Q3 25 | $-5.0M | $11.4M | ||
| Q2 25 | $9.7M | $-21.3M | ||
| Q1 25 | $1.3M | $8.5M | ||
| Q4 24 | $2.6M | $-14.7M | ||
| Q3 24 | $2.5M | $-9.4M | ||
| Q2 24 | $-995.0K | $-11.9M | ||
| Q1 24 | $-2.3M | $-621.0K |
自由现金流FARMSTEM
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-6.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-684.0K | — | ||
| Q4 24 | $521.0K | — | ||
| Q3 24 | $-837.0K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $-5.7M | — |
自由现金流率FARMSTEM
| Q4 25 | -2.9% | — | ||
| Q3 25 | -8.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -6.7% | — |
资本支出强度FARMSTEM
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 4.0% | — |
现金转化率FARMSTEM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | 12.16× | — | ||
| 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
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% |
STEM
暂无分部数据
