vs
null（GPRO）与MARTIN MIDSTREAM PARTNERS L.P.（MMLP）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是MARTIN MIDSTREAM PARTNERS L.P.的1.1倍（$201.7M vs $187.7M），null同比增速更快（0.4% vs -2.5%），null自由现金流更多（$15.0M vs $-6.0M），过去两年null的营收复合增速更高（13.9% vs 0.8%）
GoPro, Inc.是2002年由尼克·伍德曼创立的美国科技企业，最初注册名为伍德曼实验室，总部坐落于加利福尼亚州圣马特奥。该公司主营运动相机生产制造，同时还自主开发配套移动端应用与视频编辑软件。
Martin Midstream Partners L.P.是美国中游能源服务提供商，主营原油、天然气液、精炼石油产品及特种化学品的存储、运输、分销与加工服务，主要服务北美能源及工业领域客户。
GPRO vs MMLP — 直观对比
营收规模更大
GPRO
是对方的1.1倍
$187.7M
营收增速更快
GPRO
高出2.9%
-2.5%
自由现金流更多
GPRO
多$21.0M
$-6.0M
两年增速更快
GPRO
近两年复合增速
0.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $201.7M | $187.7M |
| 净利润 | — | $3.2M |
| 毛利率 | 31.8% | — |
| 营业利润率 | -4.1% | 4.1% |
| 净利率 | — | 1.7% |
| 营收同比 | 0.4% | -2.5% |
| 净利润同比 | — | -37.1% |
| 每股收益（稀释后） | $-0.06 | — |
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GPROMMLP
| Q1 26 | — | $187.7M | ||
| Q4 25 | $201.7M | $174.2M | ||
| Q3 25 | $162.9M | $168.7M | ||
| Q2 25 | $152.6M | $180.7M | ||
| Q1 25 | $134.3M | $192.5M | ||
| Q4 24 | $200.9M | $171.3M | ||
| Q3 24 | $258.9M | $170.9M | ||
| Q2 24 | $186.2M | $184.5M |
净利润GPROMMLP
| Q1 26 | — | $3.2M | ||
| Q4 25 | — | $-2.9M | ||
| Q3 25 | $-21.3M | $-8.4M | ||
| Q2 25 | $-16.4M | $-2.4M | ||
| Q1 25 | $-46.7M | $-1.0M | ||
| Q4 24 | — | $-8.9M | ||
| Q3 24 | $-8.2M | $-3.3M | ||
| Q2 24 | $-47.8M | $3.8M |
毛利率GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | 31.8% | 57.1% | ||
| Q3 25 | 35.1% | 55.1% | ||
| Q2 25 | 35.8% | 56.5% | ||
| Q1 25 | 32.1% | 53.5% | ||
| Q4 24 | 34.7% | 58.2% | ||
| Q3 24 | 35.5% | 58.5% | ||
| Q2 24 | 30.5% | 58.4% |
营业利润率GPROMMLP
| Q1 26 | — | 4.1% | ||
| Q4 25 | -4.1% | 7.3% | ||
| Q3 25 | -9.8% | 4.1% | ||
| Q2 25 | -9.2% | 8.2% | ||
| Q1 25 | -33.7% | 7.5% | ||
| Q4 24 | -19.5% | 4.0% | ||
| Q3 24 | -3.1% | 7.4% | ||
| Q2 24 | -25.0% | 10.8% |
净利率GPROMMLP
| Q1 26 | — | 1.7% | ||
| Q4 25 | — | -1.7% | ||
| Q3 25 | -13.0% | -5.0% | ||
| Q2 25 | -10.8% | -1.3% | ||
| Q1 25 | -34.8% | -0.5% | ||
| Q4 24 | — | -5.2% | ||
| Q3 24 | -3.2% | -1.9% | ||
| Q2 24 | -25.7% | 2.0% |
每股收益（稀释后）GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $-0.13 | — | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | $-0.22 | — | ||
| Q3 24 | $-0.05 | — | ||
| Q2 24 | $-0.31 | — |
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 | $49.7M | — |
| 总债务越低越好 | $44.3M | — |
| 股东权益账面价值 | $76.5M | — |
| 总资产 | $428.0M | $537.1M |
| 负债/权益比越低杠杆越低 | 0.58× | — |
8季度趋势，按日历期对齐
现金及短期投资GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | $49.7M | — | ||
| Q3 25 | $152.8M | — | ||
| Q2 25 | $58.6M | — | ||
| Q1 25 | $69.6M | — | ||
| Q4 24 | $102.8M | — | ||
| Q3 24 | $130.2M | — | ||
| Q2 24 | $133.0M | — |
总债务GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | $44.3M | $428.0M | ||
| Q3 25 | $43.9M | $441.3M | ||
| Q2 25 | — | $427.8M | ||
| Q1 25 | — | $451.4M | ||
| Q4 24 | $0 | $437.6M | ||
| Q3 24 | $93.1M | $469.3M | ||
| Q2 24 | $92.9M | $439.4M |
股东权益GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | $76.5M | — | ||
| Q3 25 | $80.5M | — | ||
| Q2 25 | $97.9M | — | ||
| Q1 25 | $110.0M | — | ||
| Q4 24 | $151.7M | — | ||
| Q3 24 | $183.9M | — | ||
| Q2 24 | $184.7M | — |
总资产GPROMMLP
| Q1 26 | — | $537.1M | ||
| Q4 25 | $428.0M | $522.4M | ||
| Q3 25 | $538.6M | $510.1M | ||
| Q2 25 | $439.0M | $515.6M | ||
| Q1 25 | $462.5M | $533.4M | ||
| Q4 24 | $543.7M | $538.5M | ||
| Q3 24 | $661.6M | $554.8M | ||
| Q2 24 | $556.8M | $535.1M |
负债/权益比GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 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 | $15.6M | — |
| 自由现金流经营现金流 - 资本支出 | $15.0M | $-6.0M |
| 自由现金流率自由现金流/营收 | 7.4% | -3.2% |
| 资本支出强度资本支出/营收 | 0.3% | 1.6% |
| 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 | $-24.0M | $27.2M |
8季度趋势，按日历期对齐
经营现金流GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | $15.6M | $22.4M | ||
| Q3 25 | $12.2M | $-1.2M | ||
| Q2 25 | $8.8M | $30.9M | ||
| Q1 25 | $-57.2M | $-6.0M | ||
| Q4 24 | $-25.1M | $42.2M | ||
| Q3 24 | $-2.2M | $-15.8M | ||
| Q2 24 | $605.0K | $11.8M |
自由现金流GPROMMLP
| Q1 26 | — | $-6.0M | ||
| Q4 25 | $15.0M | $15.6M | ||
| Q3 25 | $11.2M | $-7.9M | ||
| Q2 25 | $8.3M | $25.6M | ||
| Q1 25 | $-58.5M | $-11.9M | ||
| Q4 24 | $-25.5M | $34.2M | ||
| Q3 24 | $-4.2M | $-25.6M | ||
| Q2 24 | $-111.0K | $-696.0K |
自由现金流率GPROMMLP
| Q1 26 | — | -3.2% | ||
| Q4 25 | 7.4% | 8.9% | ||
| Q3 25 | 6.9% | -4.7% | ||
| Q2 25 | 5.4% | 14.2% | ||
| Q1 25 | -43.5% | -6.2% | ||
| Q4 24 | -12.7% | 20.0% | ||
| Q3 24 | -1.6% | -15.0% | ||
| Q2 24 | -0.1% | -0.4% |
资本支出强度GPROMMLP
| Q1 26 | — | 1.6% | ||
| Q4 25 | 0.3% | 3.9% | ||
| Q3 25 | 0.6% | 4.0% | ||
| Q2 25 | 0.3% | 3.0% | ||
| Q1 25 | 1.0% | 3.1% | ||
| Q4 24 | 0.2% | 4.6% | ||
| Q3 24 | 0.8% | 5.8% | ||
| Q2 24 | 0.4% | 6.8% |
现金转化率GPROMMLP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.13× |
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
GPRO
| Subscription And Services | $106.3M | 53% |
| Other | $95.4M | 47% |
MMLP
| Specialty products | $61.6M | 33% |
| Transportation * | $52.8M | 28% |
| Other | $46.5M | 25% |
| Terminalling and storage * | $22.4M | 12% |
| Sulfur services | $4.4M | 2% |
