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Fold Holdings, Inc.（FLD）与LIGHTPATH TECHNOLOGIES INC（LPTH）财务数据对比。点击上方公司名可切换其他公司
LIGHTPATH TECHNOLOGIES INC的季度营收约是Fold Holdings, Inc.的1.8倍（$16.4M vs $9.1M），LIGHTPATH TECHNOLOGIES INC净利率更高（-57.5% vs -379.9%，领先322.4%），LIGHTPATH TECHNOLOGIES INC同比增速更快（120.2% vs 8.2%），过去两年LIGHTPATH TECHNOLOGIES INC的营收复合增速更高（45.7% vs 36.1%）
Fold Holdings, Inc.是一家总部位于美国的金融科技企业，主打融合加密货币功能的消费金融产品，核心服务包括可获得比特币等加密货币返现的奖励借记卡，以及易用的数字钱包工具，主要服务北美地区个人消费者。
LightPath Technologies Inc是一家精密光学组件及组件生产商，主营非球面透镜、红外光学器件、光纤产品等，服务工业自动化、航空航天、国防、医疗成像、电信等领域的全球客户，提供标准及定制化光学解决方案。
FLD vs LPTH — 直观对比
营收规模更大
LPTH
是对方的1.8倍
$9.1M
营收增速更快
LPTH
高出112.1%
8.2%
净利率更高
LPTH
高出322.4%
-379.9%
两年增速更快
LPTH
近两年复合增速
36.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $9.1M | $16.4M |
| 净利润 | $-34.7M | $-9.4M |
| 毛利率 | — | 36.8% |
| 营业利润率 | -380.0% | -52.6% |
| 净利率 | -379.9% | -57.5% |
| 营收同比 | 8.2% | 120.2% |
| 净利润同比 | -7232.4% | -260.1% |
| 每股收益（稀释后） | $-0.02 | $-0.20 |
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FLDLPTH
| Q4 25 | $9.1M | $16.4M | ||
| Q3 25 | $7.4M | $15.1M | ||
| Q2 25 | $8.2M | $12.2M | ||
| Q1 25 | $7.1M | $9.2M | ||
| Q4 24 | $8.4M | $7.4M | ||
| Q3 24 | $5.2M | $8.4M | ||
| Q2 24 | $5.1M | $8.6M | ||
| Q1 24 | $4.9M | $7.7M |
净利润FLDLPTH
| Q4 25 | $-34.7M | $-9.4M | ||
| Q3 25 | $554.2K | $-2.9M | ||
| Q2 25 | $13.4M | $-7.1M | ||
| Q1 25 | $-48.9M | $-3.6M | ||
| Q4 24 | $486.4K | $-2.6M | ||
| Q3 24 | $-62.3M | $-1.6M | ||
| Q2 24 | $-2.3M | $-2.4M | ||
| Q1 24 | $-945.0K | $-2.6M |
毛利率FLDLPTH
| Q4 25 | — | 36.8% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 22.0% | ||
| Q1 25 | — | 29.1% | ||
| Q4 24 | — | 26.0% | ||
| Q3 24 | — | 33.9% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 20.9% |
营业利润率FLDLPTH
| Q4 25 | -380.0% | -52.6% | ||
| Q3 25 | 7.5% | -16.6% | ||
| Q2 25 | — | -38.0% | ||
| Q1 25 | -689.6% | -36.3% | ||
| Q4 24 | -9.1% | -33.5% | ||
| Q3 24 | -15.3% | -16.4% | ||
| Q2 24 | -12.2% | -25.6% | ||
| Q1 24 | -14.7% | -33.6% |
净利率FLDLPTH
| Q4 25 | -379.9% | -57.5% | ||
| Q3 25 | 7.5% | -19.2% | ||
| Q2 25 | 164.2% | -57.8% | ||
| Q1 25 | -689.6% | -39.1% | ||
| Q4 24 | 5.8% | -35.2% | ||
| Q3 24 | -1188.7% | -19.3% | ||
| Q2 24 | -45.1% | -27.3% | ||
| Q1 24 | -19.2% | -33.7% |
每股收益（稀释后）FLDLPTH
| Q4 25 | $-0.02 | $-0.20 | ||
| Q3 25 | $0.01 | $-0.07 | ||
| Q2 25 | $0.28 | $0.19 | ||
| Q1 25 | $-1.92 | $-0.44 | ||
| Q4 24 | $0.09 | $-0.07 | ||
| Q3 24 | $-10.68 | $-0.04 | ||
| Q2 24 | $-0.40 | $-0.15 | ||
| Q1 24 | $-0.16 | $-0.07 |
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 | $7.7M | $73.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $63.0M | $77.9M |
| 总资产 | $153.5M | $148.6M |
| 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FLDLPTH
| Q4 25 | $7.7M | $73.6M | ||
| Q3 25 | $6.7M | — | ||
| Q2 25 | $6.6M | $4.9M | ||
| Q1 25 | $11.7M | — | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务FLDLPTH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $535.0K | ||
| Q1 24 | — | $599.4K |
股东权益FLDLPTH
| Q4 25 | $63.0M | $77.9M | ||
| Q3 25 | $94.7M | $21.4M | ||
| Q2 25 | $88.5M | $15.6M | ||
| Q1 25 | $71.9M | $15.7M | ||
| Q4 24 | $-67.8M | $26.7M | ||
| Q3 24 | $-7.4M | $29.4M | ||
| Q2 24 | $-74.0M | $30.2M | ||
| Q1 24 | $-9.4M | $31.7M |
总资产FLDLPTH
| Q4 25 | $153.5M | $148.6M | ||
| Q3 25 | $191.0M | $87.3M | ||
| Q2 25 | $182.1M | $81.5M | ||
| Q1 25 | $148.5M | $81.4M | ||
| Q4 24 | $125.7M | $45.8M | ||
| Q3 24 | $52.2M | $48.4M | ||
| Q2 24 | $51.8M | $48.1M | ||
| Q1 24 | $51.5M | $49.7M |
负债/权益比FLDLPTH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | 0.02× |
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 | $-16.1M | $2.8M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 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 | — | $-6.3M |
8季度趋势，按日历期对齐
经营现金流FLDLPTH
| Q4 25 | $-16.1M | $2.8M | ||
| Q3 25 | $-2.5M | $-1.1M | ||
| Q2 25 | $-4.0M | $-2.6M | ||
| Q1 25 | $-5.0M | $-3.2M | ||
| Q4 24 | $-3.3M | $-737.4K | ||
| Q3 24 | $-2.2M | $-1.7M | ||
| Q2 24 | $-859.6K | $64.7K | ||
| Q1 24 | $-354.2K | $-394.2K |
自由现金流FLDLPTH
| Q4 25 | — | $2.0M | ||
| Q3 25 | — | $-1.2M | ||
| Q2 25 | — | $-3.3M | ||
| Q1 25 | — | $-3.7M | ||
| Q4 24 | — | $-817.8K | ||
| Q3 24 | — | $-1.8M | ||
| Q2 24 | — | $-225.5K | ||
| Q1 24 | — | $-802.5K |
自由现金流率FLDLPTH
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | -8.1% | ||
| Q2 25 | — | -27.3% | ||
| Q1 25 | — | -40.0% | ||
| Q4 24 | — | -11.0% | ||
| Q3 24 | — | -21.2% | ||
| Q2 24 | — | -2.6% | ||
| Q1 24 | — | -10.4% |
资本支出强度FLDLPTH
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 5.3% |
现金转化率FLDLPTH
| Q4 25 | — | — | ||
| Q3 25 | -4.47× | — | ||
| Q2 25 | -0.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -6.82× | — | ||
| 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
FLD
| Banking And Payment Revenues | $8.4M | 92% |
| Other | $706.0K | 8% |
LPTH
| Other | $7.9M | 48% |
| Infrared Components | $5.0M | 31% |
| Visible Components | $3.4M | 21% |
