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FTAI Infrastructure Inc.（FIP）与凯旋（TFIN）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是凯旋的1.6倍（$188.4M vs $120.1M），FTAI Infrastructure Inc.同比增速更快（95.9% vs 16.0%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 9.0%）
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。
凯旋汽车公司是19至20世纪活跃于英国的汽车与发动机制造企业，品牌起源可追溯到1885年。来自纽伦堡的齐格弗里德·贝特曼在伦敦成立公司，最初从欧洲进口自行车以自有商标销售，次年商标正式定为“凯旋”，1889年开始自主生产自行车。
FIP vs TFIN — 直观对比
营收规模更大
FIP
是对方的1.6倍
$120.1M
营收增速更快
FIP
高出79.9%
16.0%
两年增速更快
FIP
近两年复合增速
9.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $188.4M | $120.1M |
| 净利润 | $-150.2M | — |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | -79.7% | — |
| 营收同比 | 95.9% | 16.0% |
| 净利润同比 | -387.6% | 400.6% |
| 每股收益（稀释后） | $-1.32 | — |
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FIPTFIN
| Q1 26 | $188.4M | — | ||
| Q4 25 | $143.5M | $120.1M | ||
| Q3 25 | $140.6M | $109.3M | ||
| Q2 25 | $122.3M | $108.1M | ||
| Q1 25 | $96.2M | $101.6M | ||
| Q4 24 | $80.8M | $103.6M | ||
| Q3 24 | $83.3M | $106.2M | ||
| Q2 24 | $84.9M | $105.1M |
净利润FIPTFIN
| Q1 26 | $-150.2M | — | ||
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $1.7M | ||
| Q2 25 | $-70.0M | $4.4M | ||
| Q1 25 | $120.2M | $17.0K | ||
| Q4 24 | $-124.7M | $3.8M | ||
| Q3 24 | $-43.0M | $5.3M | ||
| Q2 24 | $-48.1M | $2.7M |
营业利润率FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | -45.7% | — | ||
| Q3 25 | -70.8% | 1.2% | ||
| Q2 25 | -56.4% | 7.3% | ||
| Q1 25 | 81.8% | 0.1% | ||
| Q4 24 | -152.7% | 5.6% | ||
| Q3 24 | -51.7% | 5.9% | ||
| Q2 24 | -56.4% | 3.4% |
净利率FIPTFIN
| Q1 26 | -79.7% | — | ||
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | 1.6% | ||
| Q2 25 | -57.2% | 4.1% | ||
| Q1 25 | 125.0% | 0.0% | ||
| Q4 24 | -154.4% | 3.7% | ||
| Q3 24 | -51.6% | 5.0% | ||
| Q2 24 | -56.7% | 2.6% |
每股收益（稀释后）FIPTFIN
| Q1 26 | $-1.32 | — | ||
| Q4 25 | $-1.04 | — | ||
| Q3 25 | $-1.38 | $0.04 | ||
| Q2 25 | $-0.73 | $0.15 | ||
| Q1 25 | $0.89 | $-0.03 | ||
| Q4 24 | $-1.21 | $0.13 | ||
| Q3 24 | $-0.45 | $0.19 | ||
| Q2 24 | $-0.52 | $0.08 |
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 | $248.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-122.5K | $941.8M |
| 总资产 | $5.7B | $6.4B |
| 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FIPTFIN
| Q1 26 | $37.9M | — | ||
| Q4 25 | $57.4M | $248.5M | ||
| Q3 25 | $34.7M | $147.2M | ||
| Q2 25 | $33.6M | $282.3M | ||
| Q1 25 | $26.3M | $502.9M | ||
| Q4 24 | $27.8M | $330.1M | ||
| Q3 24 | $20.3M | $489.3M | ||
| Q2 24 | $33.1M | $500.7M |
总债务FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — |
股东权益FIPTFIN
| Q1 26 | $-122.5K | — | ||
| Q4 25 | $21.3M | $941.8M | ||
| Q3 25 | $181.1M | $919.3M | ||
| Q2 25 | $375.5M | $912.4M | ||
| Q1 25 | $476.2M | $893.9M | ||
| Q4 24 | $202.7M | $890.9M | ||
| Q3 24 | $370.8M | $885.8M | ||
| Q2 24 | $394.8M | $874.2M |
总资产FIPTFIN
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $6.4B | ||
| Q3 25 | $5.5B | $6.4B | ||
| Q2 25 | $4.4B | $6.5B | ||
| Q1 25 | $4.1B | $6.3B | ||
| Q4 24 | $2.4B | $5.9B | ||
| Q3 24 | $2.4B | $5.9B | ||
| Q2 24 | $2.5B | $5.8B |
负债/权益比FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | — | ||
| Q2 25 | 8.21× | — | ||
| Q1 25 | 5.79× | — | ||
| Q4 24 | 7.84× | — | ||
| Q3 24 | 4.14× | — | ||
| Q2 24 | 3.94× | — |
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 | $67.1M |
| 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FIPTFIN
| Q1 26 | $-69.4M | — | ||
| Q4 25 | $-2.8M | $67.1M | ||
| Q3 25 | $-24.4M | $24.4M | ||
| Q2 25 | $-5.2M | $9.8M | ||
| Q1 25 | $-85.7M | $-3.6M | ||
| Q4 24 | $-8.1M | $58.5M | ||
| Q3 24 | $14.2M | $26.6M | ||
| Q2 24 | $-17.6M | $21.9M |
自由现金流FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | — | ||
| Q3 25 | $-90.7M | $22.4M | ||
| Q2 25 | $-87.5M | $6.8M | ||
| Q1 25 | $-151.7M | $-7.9M | ||
| Q4 24 | $-34.3M | — | ||
| Q3 24 | $-11.7M | $25.8M | ||
| Q2 24 | $-32.1M | $-31.9M |
自由现金流率FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | — | ||
| Q3 25 | -64.5% | 20.5% | ||
| Q2 25 | -71.6% | 6.2% | ||
| Q1 25 | -157.7% | -7.7% | ||
| Q4 24 | -42.4% | — | ||
| Q3 24 | -14.0% | 24.3% | ||
| Q2 24 | -37.9% | -30.3% |
资本支出强度FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 47.2% | 1.8% | ||
| Q2 25 | 67.3% | 2.8% | ||
| Q1 25 | 68.6% | 4.2% | ||
| Q4 24 | 32.5% | — | ||
| Q3 24 | 31.1% | 0.8% | ||
| Q2 24 | 17.2% | 51.1% |
现金转化率FIPTFIN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 14.29× | ||
| Q2 25 | — | 2.22× | ||
| Q1 25 | -0.71× | -212.82× | ||
| Q4 24 | — | 15.25× | ||
| Q3 24 | — | 4.97× | ||
| Q2 24 | — | 7.95× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
