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FTAI Infrastructure Inc.（FIP）与PUMA BIOTECHNOLOGY, INC.（PBYI）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PUMA BIOTECHNOLOGY, INC.的1.9倍（$143.5M vs $75.5M），FTAI Infrastructure Inc.同比增速更快（77.7% vs 27.7%），PUMA BIOTECHNOLOGY, INC.自由现金流更多（$14.4M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 31.3%）
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。
彪马生物技术是一家公开上市的生物制药企业，总部位于美国加利福尼亚州洛杉矶，专注于创新药物研发相关业务，在生物制药领域开展研发与商业化运营。
FIP vs PBYI — 直观对比
营收规模更大
FIP
是对方的1.9倍
$75.5M
营收增速更快
FIP
高出50.0%
27.7%
自由现金流更多
PBYI
多$83.0M
$-68.6M
两年增速更快
FIP
近两年复合增速
31.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $75.5M |
| 净利润 | $-97.7M | — |
| 毛利率 | — | 69.3% |
| 营业利润率 | -45.7% | 22.7% |
| 净利率 | -68.1% | — |
| 营收同比 | 77.7% | 27.7% |
| 净利润同比 | 21.6% | — |
| 每股收益（稀释后） | $-1.04 | $0.26 |
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FIPPBYI
| Q4 25 | $143.5M | $75.5M | ||
| Q3 25 | $140.6M | $54.5M | ||
| Q2 25 | $122.3M | $52.4M | ||
| Q1 25 | $96.2M | $46.0M | ||
| Q4 24 | $80.8M | $59.1M | ||
| Q3 24 | $83.3M | $80.5M | ||
| Q2 24 | $84.9M | $47.1M | ||
| Q1 24 | $82.5M | $43.8M |
净利润FIPPBYI
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $8.8M | ||
| Q2 25 | $-70.0M | $5.9M | ||
| Q1 25 | $120.2M | $3.0M | ||
| Q4 24 | $-124.7M | — | ||
| Q3 24 | $-43.0M | $20.3M | ||
| Q2 24 | $-48.1M | $-4.5M | ||
| Q1 24 | $-50.3M | $-4.8M |
毛利率FIPPBYI
| Q4 25 | — | 69.3% | ||
| Q3 25 | — | 77.7% | ||
| Q2 25 | — | 76.5% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 63.9% | ||
| Q2 24 | — | 77.4% | ||
| Q1 24 | — | 75.5% |
营业利润率FIPPBYI
| Q4 25 | -45.7% | 22.7% | ||
| Q3 25 | -70.8% | 17.6% | ||
| Q2 25 | -56.4% | 12.7% | ||
| Q1 25 | 81.8% | 8.7% | ||
| Q4 24 | -152.7% | 22.6% | ||
| Q3 24 | -51.7% | 27.4% | ||
| Q2 24 | -56.4% | -4.6% | ||
| Q1 24 | -58.8% | -5.3% |
净利率FIPPBYI
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | 16.2% | ||
| Q2 25 | -57.2% | 11.2% | ||
| Q1 25 | 125.0% | 6.5% | ||
| Q4 24 | -154.4% | — | ||
| Q3 24 | -51.6% | 25.2% | ||
| Q2 24 | -56.7% | -9.6% | ||
| Q1 24 | -60.9% | -11.0% |
每股收益（稀释后）FIPPBYI
| Q4 25 | $-1.04 | $0.26 | ||
| Q3 25 | $-1.38 | $0.17 | ||
| Q2 25 | $-0.73 | $0.12 | ||
| Q1 25 | $0.89 | $0.06 | ||
| Q4 24 | $-1.21 | $0.40 | ||
| Q3 24 | $-0.45 | $0.41 | ||
| Q2 24 | $-0.52 | $-0.09 | ||
| Q1 24 | $-0.54 | $-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 | $57.4M | $97.5M |
| 总债务越低越好 | $3.8B | $22.7M |
| 股东权益账面价值 | $21.3M | $130.3M |
| 总资产 | $5.7B | $216.3M |
| 负债/权益比越低杠杆越低 | 176.99× | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资FIPPBYI
| Q4 25 | $57.4M | $97.5M | ||
| Q3 25 | $34.7M | $94.4M | ||
| Q2 25 | $33.6M | $96.0M | ||
| Q1 25 | $26.3M | $93.2M | ||
| Q4 24 | $27.8M | $101.0M | ||
| Q3 24 | $20.3M | $96.7M | ||
| Q2 24 | $33.1M | $96.8M | ||
| Q1 24 | $23.0M | $107.2M |
总债务FIPPBYI
| Q4 25 | $3.8B | $22.7M | ||
| Q3 25 | $3.7B | $34.0M | ||
| Q2 25 | $3.1B | $45.3M | ||
| Q1 25 | $2.8B | $56.7M | ||
| Q4 24 | $1.6B | $68.0M | ||
| Q3 24 | $1.5B | $79.3M | ||
| Q2 24 | $1.6B | $90.7M | ||
| Q1 24 | $1.3B | $102.0M |
股东权益FIPPBYI
| Q4 25 | $21.3M | $130.3M | ||
| Q3 25 | $181.1M | $115.3M | ||
| Q2 25 | $375.5M | $104.7M | ||
| Q1 25 | $476.2M | $97.1M | ||
| Q4 24 | $202.7M | $92.1M | ||
| Q3 24 | $370.8M | $71.1M | ||
| Q2 24 | $394.8M | $48.5M | ||
| Q1 24 | $402.5M | $51.0M |
总资产FIPPBYI
| Q4 25 | $5.7B | $216.3M | ||
| Q3 25 | $5.5B | $202.9M | ||
| Q2 25 | $4.4B | $194.9M | ||
| Q1 25 | $4.1B | $196.2M | ||
| Q4 24 | $2.4B | $213.3M | ||
| Q3 24 | $2.4B | $220.7M | ||
| Q2 24 | $2.5B | $205.0M | ||
| Q1 24 | $2.3B | $214.1M |
负债/权益比FIPPBYI
| Q4 25 | 176.99× | 0.17× | ||
| Q3 25 | 20.59× | 0.30× | ||
| Q2 25 | 8.21× | 0.43× | ||
| Q1 25 | 5.79× | 0.58× | ||
| Q4 24 | 7.84× | 0.74× | ||
| Q3 24 | 4.14× | 1.12× | ||
| Q2 24 | 3.94× | 1.87× | ||
| Q1 24 | 3.34× | 2.00× |
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 | $-2.8M | $14.4M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $14.4M |
| 自由现金流率自由现金流/营收 | -47.8% | 19.1% |
| 资本支出强度资本支出/营收 | 45.9% | 0.0% |
| 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 | $-398.5M | $41.7M |
8季度趋势，按日历期对齐
经营现金流FIPPBYI
| Q4 25 | $-2.8M | $14.4M | ||
| Q3 25 | $-24.4M | $9.7M | ||
| Q2 25 | $-5.2M | $14.1M | ||
| Q1 25 | $-85.7M | $3.6M | ||
| Q4 24 | $-8.1M | $15.6M | ||
| Q3 24 | $14.2M | $11.0M | ||
| Q2 24 | $-17.6M | $1.0M | ||
| Q1 24 | $-3.9M | $11.2M |
自由现金流FIPPBYI
| Q4 25 | $-68.6M | $14.4M | ||
| Q3 25 | $-90.7M | $9.7M | ||
| Q2 25 | $-87.5M | $14.1M | ||
| Q1 25 | $-151.7M | $3.6M | ||
| Q4 24 | $-34.3M | $15.6M | ||
| Q3 24 | $-11.7M | $11.0M | ||
| Q2 24 | $-32.1M | $1.0M | ||
| Q1 24 | $-16.7M | — |
自由现金流率FIPPBYI
| Q4 25 | -47.8% | 19.1% | ||
| Q3 25 | -64.5% | 17.7% | ||
| Q2 25 | -71.6% | 26.8% | ||
| Q1 25 | -157.7% | 7.7% | ||
| Q4 24 | -42.4% | 26.4% | ||
| Q3 24 | -14.0% | 13.7% | ||
| Q2 24 | -37.9% | 2.1% | ||
| Q1 24 | -20.3% | — |
资本支出强度FIPPBYI
| Q4 25 | 45.9% | 0.0% | ||
| Q3 25 | 47.2% | 0.0% | ||
| Q2 25 | 67.3% | 0.0% | ||
| Q1 25 | 68.6% | 0.1% | ||
| Q4 24 | 32.5% | 0.0% | ||
| Q3 24 | 31.1% | 0.0% | ||
| Q2 24 | 17.2% | 0.0% | ||
| Q1 24 | 15.6% | 0.0% |
现金转化率FIPPBYI
| Q4 25 | — | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 2.41× | ||
| Q1 25 | -0.71× | 1.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.54× | ||
| 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
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
PBYI
暂无分部数据
