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FTAI Infrastructure Inc.（FIP）与PagerDuty, Inc.（PD）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PagerDuty, Inc.的1.2倍（$143.5M vs $124.5M），PagerDuty, Inc.净利率更高（129.7% vs -68.1%，领先197.8%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 4.7%），PagerDuty, Inc.自由现金流更多（$24.1M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 5.9%）
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。
PagerDuty是一家美国云计算企业，主打面向IT运维部门的SaaS事件管理平台，可帮助企业实时响应运维异常、快速定位并处理故障，保障业务系统稳定运行，目前已成为全球IT运维领域广受认可的数字化解决方案服务商。
FIP vs PD — 直观对比
营收规模更大
FIP
是对方的1.2倍
$124.5M
营收增速更快
FIP
高出73.0%
4.7%
净利率更高
PD
高出197.8%
-68.1%
自由现金流更多
PD
多$92.7M
$-68.6M
两年增速更快
FIP
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $124.5M |
| 净利润 | $-97.7M | $161.6M |
| 毛利率 | — | 85.3% |
| 营业利润率 | -45.7% | 6.5% |
| 净利率 | -68.1% | 129.7% |
| 营收同比 | 77.7% | 4.7% |
| 净利润同比 | 21.6% | 2827.7% |
| 每股收益（稀释后） | $-1.04 | $1.69 |
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FIPPD
| Q4 25 | $143.5M | $124.5M | ||
| Q3 25 | $140.6M | $123.4M | ||
| Q2 25 | $122.3M | $119.8M | ||
| Q1 25 | $96.2M | $121.4M | ||
| Q4 24 | $80.8M | $118.9M | ||
| Q3 24 | $83.3M | $115.9M | ||
| Q2 24 | $84.9M | $111.2M | ||
| Q1 24 | $82.5M | $111.1M |
净利润FIPPD
| Q4 25 | $-97.7M | $161.6M | ||
| Q3 25 | $-104.5M | $9.6M | ||
| Q2 25 | $-70.0M | $-7.2M | ||
| Q1 25 | $120.2M | $-8.8M | ||
| Q4 24 | $-124.7M | $-5.9M | ||
| Q3 24 | $-43.0M | $-10.9M | ||
| Q2 24 | $-48.1M | $-17.1M | ||
| Q1 24 | $-50.3M | $-28.2M |
毛利率FIPPD
| Q4 25 | — | 85.3% | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | 84.0% | ||
| Q1 25 | — | 83.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 82.7% | ||
| Q2 24 | — | 82.6% | ||
| Q1 24 | — | 81.7% |
营业利润率FIPPD
| Q4 25 | -45.7% | 6.5% | ||
| Q3 25 | -70.8% | 2.9% | ||
| Q2 25 | -56.4% | -8.6% | ||
| Q1 25 | 81.8% | -9.6% | ||
| Q4 24 | -152.7% | -8.7% | ||
| Q3 24 | -51.7% | -13.8% | ||
| Q2 24 | -56.4% | -19.5% | ||
| Q1 24 | -58.8% | -30.1% |
净利率FIPPD
| Q4 25 | -68.1% | 129.7% | ||
| Q3 25 | -74.4% | 7.8% | ||
| Q2 25 | -57.2% | -6.0% | ||
| Q1 25 | 125.0% | -7.2% | ||
| Q4 24 | -154.4% | -5.0% | ||
| Q3 24 | -51.6% | -9.4% | ||
| Q2 24 | -56.7% | -15.4% | ||
| Q1 24 | -60.9% | -25.3% |
每股收益（稀释后）FIPPD
| Q4 25 | $-1.04 | $1.69 | ||
| Q3 25 | $-1.38 | $0.10 | ||
| Q2 25 | $-0.73 | $-0.07 | ||
| Q1 25 | $0.89 | $-0.12 | ||
| Q4 24 | $-1.21 | $-0.07 | ||
| Q3 24 | $-0.45 | $-0.14 | ||
| Q2 24 | $-0.52 | $-0.26 | ||
| Q1 24 | $-0.54 | $-0.34 |
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 | $547.8M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $21.3M | $320.5M |
| 总资产 | $5.7B | $1.0B |
| 负债/权益比越低杠杆越低 | 176.99× | — |
8季度趋势，按日历期对齐
现金及短期投资FIPPD
| Q4 25 | $57.4M | $547.8M | ||
| Q3 25 | $34.7M | $567.9M | ||
| Q2 25 | $33.6M | $597.1M | ||
| Q1 25 | $26.3M | $570.8M | ||
| Q4 24 | $27.8M | $542.2M | ||
| Q3 24 | $20.3M | $599.3M | ||
| Q2 24 | $33.1M | $592.8M | ||
| Q1 24 | $23.0M | $571.2M |
总债务FIPPD
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $2.8B | $484.5M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.3B | $489.5M |
股东权益FIPPD
| Q4 25 | $21.3M | $320.5M | ||
| Q3 25 | $181.1M | $180.7M | ||
| Q2 25 | $375.5M | $145.7M | ||
| Q1 25 | $476.2M | $129.8M | ||
| Q4 24 | $202.7M | $111.6M | ||
| Q3 24 | $370.8M | $164.7M | ||
| Q2 24 | $394.8M | $174.0M | ||
| Q1 24 | $402.5M | $171.6M |
总资产FIPPD
| Q4 25 | $5.7B | $1.0B | ||
| Q3 25 | $5.5B | $891.5M | ||
| Q2 25 | $4.4B | $926.8M | ||
| Q1 25 | $4.1B | $927.3M | ||
| Q4 24 | $2.4B | $866.8M | ||
| Q3 24 | $2.4B | $916.0M | ||
| Q2 24 | $2.5B | $924.0M | ||
| Q1 24 | $2.3B | $925.3M |
负债/权益比FIPPD
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | — | ||
| Q2 25 | 8.21× | — | ||
| Q1 25 | 5.79× | 3.73× | ||
| Q4 24 | 7.84× | — | ||
| Q3 24 | 4.14× | — | ||
| Q2 24 | 3.94× | — | ||
| Q1 24 | 3.34× | 2.85× |
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 | $24.8M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $24.1M |
| 自由现金流率自由现金流/营收 | -47.8% | 19.3% |
| 资本支出强度资本支出/营收 | 45.9% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.15× |
| 过去12个月自由现金流最近4个季度 | $-398.5M | $117.6M |
8季度趋势，按日历期对齐
经营现金流FIPPD
| Q4 25 | $-2.8M | $24.8M | ||
| Q3 25 | $-24.4M | $34.0M | ||
| Q2 25 | $-5.2M | $30.7M | ||
| Q1 25 | $-85.7M | $31.4M | ||
| Q4 24 | $-8.1M | $22.1M | ||
| Q3 24 | $14.2M | $35.8M | ||
| Q2 24 | $-17.6M | $28.6M | ||
| Q1 24 | $-3.9M | $22.2M |
自由现金流FIPPD
| Q4 25 | $-68.6M | $24.1M | ||
| Q3 25 | $-90.7M | $33.1M | ||
| Q2 25 | $-87.5M | $30.2M | ||
| Q1 25 | $-151.7M | $30.3M | ||
| Q4 24 | $-34.3M | $21.5M | ||
| Q3 24 | $-11.7M | $35.1M | ||
| Q2 24 | $-32.1M | $28.2M | ||
| Q1 24 | $-16.7M | $21.2M |
自由现金流率FIPPD
| Q4 25 | -47.8% | 19.3% | ||
| Q3 25 | -64.5% | 26.8% | ||
| Q2 25 | -71.6% | 25.2% | ||
| Q1 25 | -157.7% | 24.9% | ||
| Q4 24 | -42.4% | 18.1% | ||
| Q3 24 | -14.0% | 30.3% | ||
| Q2 24 | -37.9% | 25.4% | ||
| Q1 24 | -20.3% | 19.1% |
资本支出强度FIPPD
| Q4 25 | 45.9% | 0.6% | ||
| Q3 25 | 47.2% | 0.7% | ||
| Q2 25 | 67.3% | 0.4% | ||
| Q1 25 | 68.6% | 0.9% | ||
| Q4 24 | 32.5% | 0.5% | ||
| Q3 24 | 31.1% | 0.5% | ||
| Q2 24 | 17.2% | 0.4% | ||
| Q1 24 | 15.6% | 0.9% |
现金转化率FIPPD
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 3.55× | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | — | ||
| 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
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% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
