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FARMER BROTHERS CO（FARM）与TELOS CORP（TLS）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TELOS CORP的1.9倍（$88.9M vs $46.8M），FARMER BROTHERS CO净利率更高（-5.5% vs -34.9%，领先29.4%），TELOS CORP同比增速更快（77.4% vs -1.2%），TELOS CORP自由现金流更多（$8.0M vs $-2.6M），过去两年TELOS CORP的营收复合增速更高（25.7% 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。
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。
FARM vs TLS — 直观对比
营收规模更大
FARM
是对方的1.9倍
$46.8M
营收增速更快
TLS
高出78.6%
-1.2%
净利率更高
FARM
高出29.4%
-34.9%
自由现金流更多
TLS
多$10.6M
$-2.6M
两年增速更快
TLS
近两年复合增速
2.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $46.8M |
| 净利润 | $-4.9M | $-16.3M |
| 毛利率 | 36.3% | 35.0% |
| 营业利润率 | -4.7% | -39.6% |
| 净利率 | -5.5% | -34.9% |
| 营收同比 | -1.2% | 77.4% |
| 净利润同比 | -2417.1% | -74.8% |
| 每股收益（稀释后） | $-0.22 | $-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FARMTLS
| Q4 25 | $88.9M | $46.8M | ||
| Q3 25 | $81.6M | $51.4M | ||
| Q2 25 | $85.1M | $36.0M | ||
| Q1 25 | $82.1M | $30.6M | ||
| Q4 24 | $90.0M | $26.4M | ||
| Q3 24 | $85.1M | $23.8M | ||
| Q2 24 | $84.4M | $28.5M | ||
| Q1 24 | $85.4M | $29.6M |
净利润FARMTLS
| Q4 25 | $-4.9M | $-16.3M | ||
| Q3 25 | $-4.0M | $-2.1M | ||
| Q2 25 | $-4.7M | $-9.5M | ||
| Q1 25 | $-5.0M | $-8.6M | ||
| Q4 24 | $210.0K | $-9.3M | ||
| Q3 24 | $-5.0M | $-28.1M | ||
| Q2 24 | $-4.6M | $-7.8M | ||
| Q1 24 | $-682.0K | $-7.4M |
毛利率FARMTLS
| Q4 25 | 36.3% | 35.0% | ||
| Q3 25 | 39.7% | 39.9% | ||
| Q2 25 | 44.9% | 33.2% | ||
| Q1 25 | 42.1% | 39.8% | ||
| Q4 24 | 43.1% | 40.3% | ||
| Q3 24 | 43.9% | 13.2% | ||
| Q2 24 | 38.8% | 34.1% | ||
| Q1 24 | 40.1% | 37.0% |
营业利润率FARMTLS
| Q4 25 | -4.7% | -39.6% | ||
| Q3 25 | -3.9% | -4.8% | ||
| Q2 25 | 4.6% | -27.5% | ||
| Q1 25 | -4.3% | -29.5% | ||
| Q4 24 | 1.1% | -37.6% | ||
| Q3 24 | -3.3% | -121.4% | ||
| Q2 24 | -4.9% | -30.3% | ||
| Q1 24 | -0.5% | -28.5% |
净利率FARMTLS
| Q4 25 | -5.5% | -34.9% | ||
| Q3 25 | -4.9% | -4.1% | ||
| Q2 25 | -5.6% | -26.5% | ||
| Q1 25 | -6.1% | -28.1% | ||
| Q4 24 | 0.2% | -35.4% | ||
| Q3 24 | -5.9% | -118.0% | ||
| Q2 24 | -5.4% | -27.2% | ||
| Q1 24 | -0.8% | -24.9% |
每股收益（稀释后）FARMTLS
| Q4 25 | $-0.22 | $-0.22 | ||
| Q3 25 | $-0.19 | $-0.03 | ||
| Q2 25 | $-0.22 | $-0.13 | ||
| Q1 25 | $-0.23 | $-0.12 | ||
| Q4 24 | $0.01 | $-0.13 | ||
| Q3 24 | $-0.24 | $-0.39 | ||
| Q2 24 | $-0.23 | $-0.11 | ||
| Q1 24 | $-0.03 | $-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 | $4.2M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $35.7M | $96.0M |
| 总资产 | $151.4M | $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FARMTLS
| Q4 25 | $4.2M | $53.2M | ||
| Q3 25 | $3.8M | $59.0M | ||
| Q2 25 | $6.8M | $57.0M | ||
| Q1 25 | $4.1M | $57.8M | ||
| Q4 24 | $5.5M | $54.6M | ||
| Q3 24 | $3.3M | $69.8M | ||
| Q2 24 | $5.8M | $80.1M | ||
| Q1 24 | $5.5M | $93.9M |
股东权益FARMTLS
| Q4 25 | $35.7M | $96.0M | ||
| Q3 25 | $40.0M | $119.7M | ||
| Q2 25 | $43.5M | $118.4M | ||
| Q1 25 | $37.3M | $126.1M | ||
| Q4 24 | $41.5M | $127.1M | ||
| Q3 24 | $40.9M | $129.5M | ||
| Q2 24 | $45.5M | $149.1M | ||
| Q1 24 | $43.1M | $154.4M |
总资产FARMTLS
| Q4 25 | $151.4M | $139.9M | ||
| Q3 25 | $158.8M | $164.3M | ||
| Q2 25 | $161.2M | $165.0M | ||
| Q1 25 | $163.2M | $158.1M | ||
| Q4 24 | $179.1M | $158.2M | ||
| Q3 24 | $182.0M | $166.3M | ||
| Q2 24 | $185.2M | $182.4M | ||
| Q1 24 | $179.1M | $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 | $-786.0K | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | $8.0M |
| 自由现金流率自由现金流/营收 | -2.9% | 17.0% |
| 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 | — | $29.4M |
8季度趋势，按日历期对齐
经营现金流FARMTLS
| Q4 25 | $-786.0K | $8.0M | ||
| Q3 25 | $-5.0M | $9.1M | ||
| Q2 25 | $9.7M | $7.0M | ||
| Q1 25 | $1.3M | $6.1M | ||
| Q4 24 | $2.6M | $-10.5M | ||
| Q3 24 | $2.5M | $-7.1M | ||
| Q2 24 | $-995.0K | $-8.0M | ||
| Q1 24 | $-2.3M | $-350.0K |
自由现金流FARMTLS
| Q4 25 | $-2.6M | $8.0M | ||
| Q3 25 | $-6.9M | $8.7M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | $-684.0K | $6.0M | ||
| Q4 24 | $521.0K | $-12.4M | ||
| Q3 24 | $-837.0K | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | $-5.7M | $-447.0K |
自由现金流率FARMTLS
| Q4 25 | -2.9% | 17.0% | ||
| Q3 25 | -8.5% | 16.9% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | -0.8% | 19.5% | ||
| Q4 24 | 0.6% | -47.0% | ||
| Q3 24 | -1.0% | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | -6.7% | -1.5% |
资本支出强度FARMTLS
| Q4 25 | 2.1% | 0.1% | ||
| Q3 25 | 2.4% | 0.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | 2.4% | 0.4% | ||
| Q4 24 | 2.3% | 7.1% | ||
| Q3 24 | 3.9% | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | 4.0% | 0.3% |
现金转化率FARMTLS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
