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FTAI Infrastructure Inc.（FIP）与Hut 8 Corp.（HUT）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是Hut 8 Corp.的2.1倍（$188.4M vs $88.5M），FTAI Infrastructure Inc.净利率更高（-79.7% vs -316.0%，领先236.3%），Hut 8 Corp.同比增速更快（179.2% vs 95.9%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 30.8%）
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
Tropical Hut是菲律宾水星集团旗下的快餐连锁品牌，是菲律宾历史第七悠久的餐饮连锁品牌，创立时间早于1978年成立的快乐蜂及1981年进入菲律宾市场的麦当劳。
FIP vs HUT — 直观对比
营收规模更大
FIP
是对方的2.1倍
$88.5M
营收增速更快
HUT
高出83.3%
95.9%
净利率更高
FIP
高出236.3%
-316.0%
两年增速更快
FIP
近两年复合增速
30.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $88.5M |
| 净利润 | $-150.2M | $-279.7M |
| 毛利率 | — | 60.4% |
| 营业利润率 | — | -491.4% |
| 净利率 | -79.7% | -316.0% |
| 营收同比 | 95.9% | 179.2% |
| 净利润同比 | -387.6% | -283.7% |
| 每股收益（稀释后） | $-1.32 | $-2.45 |
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FIPHUT
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $88.5M | ||
| Q3 25 | $140.6M | $83.5M | ||
| Q2 25 | $122.3M | $41.3M | ||
| Q1 25 | $96.2M | $21.8M | ||
| Q4 24 | $80.8M | $31.7M | ||
| Q3 24 | $83.3M | $43.7M | ||
| Q2 24 | $84.9M | $35.2M |
净利润FIPHUT
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | $-279.7M | ||
| Q3 25 | $-104.5M | $50.1M | ||
| Q2 25 | $-70.0M | $137.3M | ||
| Q1 25 | $120.2M | $-133.9M | ||
| Q4 24 | $-124.7M | $152.2M | ||
| Q3 24 | $-43.0M | $647.0K | ||
| Q2 24 | $-48.1M | $-71.9M |
毛利率FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | — | 60.4% | ||
| Q3 25 | — | 61.3% | ||
| Q2 25 | — | 47.3% | ||
| Q1 25 | — | 14.5% | ||
| Q4 24 | — | 35.9% | ||
| Q3 24 | — | 59.9% | ||
| Q2 24 | — | 41.4% |
营业利润率FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | -491.4% | ||
| Q3 25 | -70.8% | 87.0% | ||
| Q2 25 | -56.4% | — | ||
| Q1 25 | 81.8% | -676.8% | ||
| Q4 24 | -152.7% | — | ||
| Q3 24 | -51.7% | -3.6% | ||
| Q2 24 | -56.4% | -246.2% |
净利率FIPHUT
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | -316.0% | ||
| Q3 25 | -74.4% | 60.0% | ||
| Q2 25 | -57.2% | 332.5% | ||
| Q1 25 | 125.0% | -613.7% | ||
| Q4 24 | -154.4% | 480.3% | ||
| Q3 24 | -51.6% | 1.5% | ||
| Q2 24 | -56.7% | -204.1% |
每股收益（稀释后）FIPHUT
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | $-2.45 | ||
| Q3 25 | $-1.38 | $0.43 | ||
| Q2 25 | $-0.73 | $1.18 | ||
| Q1 25 | $0.89 | $-1.30 | ||
| Q4 24 | $-1.21 | $1.41 | ||
| Q3 24 | $-0.45 | $0.01 | ||
| Q2 24 | $-0.52 | $-0.78 |
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 | $37.9M | $44.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-122.5K | $1.4B |
| 总资产 | $5.7B | $2.8B |
| 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FIPHUT
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | $44.9M | ||
| Q3 25 | $34.7M | $33.5M | ||
| Q2 25 | $33.6M | $216.3M | ||
| Q1 25 | $26.3M | $108.4M | ||
| Q4 24 | $27.8M | $85.0M | ||
| Q3 24 | $20.3M | — | ||
| Q2 24 | $33.1M | — |
总债务FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $1.6B | $300.6M | ||
| Q3 24 | $1.5B | $297.3M | ||
| Q2 24 | $1.6B | $328.8M |
股东权益FIPHUT
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $1.4B | ||
| Q3 25 | $181.1M | $1.4B | ||
| Q2 25 | $375.5M | $1.3B | ||
| Q1 25 | $476.2M | $960.0M | ||
| Q4 24 | $202.7M | $976.7M | ||
| Q3 24 | $370.8M | $703.9M | ||
| Q2 24 | $394.8M | $660.1M |
总资产FIPHUT
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $2.8B | ||
| Q3 25 | $5.5B | $2.7B | ||
| Q2 25 | $4.4B | $2.0B | ||
| Q1 25 | $4.1B | $1.6B | ||
| Q4 24 | $2.4B | $1.5B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $2.5B | $1.1B |
负债/权益比FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | — | ||
| Q2 25 | 8.21× | — | ||
| Q1 25 | 5.79× | — | ||
| Q4 24 | 7.84× | 0.31× | ||
| Q3 24 | 4.14× | 0.42× | ||
| Q2 24 | 3.94× | 0.50× |
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 | $-69.4M | $-139.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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FIPHUT
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $-139.2M | ||
| Q3 25 | $-24.4M | $770.0K | ||
| Q2 25 | $-5.2M | $-48.8M | ||
| Q1 25 | $-85.7M | $-33.8M | ||
| Q4 24 | $-8.1M | $-68.5M | ||
| Q3 24 | $14.2M | $-4.2M | ||
| Q2 24 | $-17.6M | $-16.4M |
自由现金流FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | — | ||
| Q3 25 | $-90.7M | — | ||
| Q2 25 | $-87.5M | — | ||
| Q1 25 | $-151.7M | — | ||
| Q4 24 | $-34.3M | — | ||
| Q3 24 | $-11.7M | — | ||
| Q2 24 | $-32.1M | — |
自由现金流率FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | — | ||
| Q3 25 | -64.5% | — | ||
| Q2 25 | -71.6% | — | ||
| Q1 25 | -157.7% | — | ||
| Q4 24 | -42.4% | — | ||
| Q3 24 | -14.0% | — | ||
| Q2 24 | -37.9% | — |
资本支出强度FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 47.2% | — | ||
| Q2 25 | 67.3% | — | ||
| Q1 25 | 68.6% | — | ||
| Q4 24 | 32.5% | — | ||
| Q3 24 | 31.1% | — | ||
| Q2 24 | 17.2% | — |
现金转化率FIPHUT
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.02× | ||
| Q2 25 | — | -0.36× | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | -0.45× | ||
| Q3 24 | — | -6.49× | ||
| Q2 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
FIP
暂无分部数据
HUT
| High Performance Computing Colocation And Cloud | $81.9M | 93% |
| Power | $5.0M | 6% |
| Digital Infrastructure | $1.6M | 2% |
