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GRAIL, Inc.（GRAL）与KINGSWAY FINANCIAL SERVICES INC（KFS）财务数据对比。点击上方公司名可切换其他公司
GRAIL, Inc.的季度营收约是KINGSWAY FINANCIAL SERVICES INC的1.1倍（$43.6M vs $38.6M），KINGSWAY FINANCIAL SERVICES INC净利率更高（-4.1% vs -227.5%，领先223.4%），KINGSWAY FINANCIAL SERVICES INC同比增速更快（30.1% vs 14.0%），过去两年GRAIL, Inc.的营收复合增速更高（27.7% vs 21.4%）
GRAIL是2015年成立的美国生物技术企业，总部位于加利福尼亚州门洛帕克，核心业务是研发面向无症状人群的癌症早期筛查检测产品。该公司最初是基因测序企业Illumina旗下的初创子公司，2021年被Illumina全资收购。
金斯威金融服务公司是一家专业金融控股企业，主要提供财产和意外伤害保险产品，包括个人车险、商业责任险、财产险等，核心市场覆盖北美地区，服务个人消费者、小微企业主及特定商业客户群体。
GRAL vs KFS — 直观对比
营收规模更大
GRAL
是对方的1.1倍
$38.6M
营收增速更快
KFS
高出16.1%
14.0%
净利率更高
KFS
高出223.4%
-227.5%
两年增速更快
GRAL
近两年复合增速
21.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.6M | $38.6M |
| 净利润 | $-99.2M | $-1.6M |
| 毛利率 | — | — |
| 营业利润率 | -285.4% | 0.8% |
| 净利率 | -227.5% | -4.1% |
| 营收同比 | 14.0% | 30.1% |
| 净利润同比 | -2.2% | -7.8% |
| 每股收益（稀释后） | $-2.37 | $-0.07 |
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GRALKFS
| Q4 25 | $43.6M | $38.6M | ||
| Q3 25 | $36.2M | $37.2M | ||
| Q2 25 | $35.5M | $30.9M | ||
| Q1 25 | $31.8M | $28.3M | ||
| Q4 24 | $38.3M | $29.6M | ||
| Q3 24 | $28.7M | $27.1M | ||
| Q2 24 | $32.0M | $26.4M | ||
| Q1 24 | $26.7M | $26.2M |
净利润GRALKFS
| Q4 25 | $-99.2M | $-1.6M | ||
| Q3 25 | $-89.0M | $-2.4M | ||
| Q2 25 | $-114.0M | $-3.2M | ||
| Q1 25 | $-106.2M | $-3.1M | ||
| Q4 24 | $-97.1M | $-1.5M | ||
| Q3 24 | $-125.7M | $-2.3M | ||
| Q2 24 | $-1.6B | $-2.2M | ||
| Q1 24 | $-218.9M | $-2.3M |
营业利润率GRALKFS
| Q4 25 | -285.4% | 0.8% | ||
| Q3 25 | -346.2% | -2.3% | ||
| Q2 25 | -446.9% | -3.6% | ||
| Q1 25 | -482.5% | -2.5% | ||
| Q4 24 | -358.0% | 6.5% | ||
| Q3 24 | -640.5% | -2.5% | ||
| Q2 24 | -5133.8% | 0.5% | ||
| Q1 24 | -851.1% | 2.9% |
净利率GRALKFS
| Q4 25 | -227.5% | -4.1% | ||
| Q3 25 | -245.8% | -6.5% | ||
| Q2 25 | -320.7% | -10.2% | ||
| Q1 25 | -333.6% | -10.9% | ||
| Q4 24 | -253.8% | -5.0% | ||
| Q3 24 | -438.7% | -8.5% | ||
| Q2 24 | -4958.8% | -8.3% | ||
| Q1 24 | -819.3% | -8.9% |
每股收益（稀释后）GRALKFS
| Q4 25 | $-2.37 | $-0.07 | ||
| Q3 25 | $-2.46 | $-0.10 | ||
| Q2 25 | $-3.18 | $-0.13 | ||
| Q1 25 | $-3.10 | $-0.13 | ||
| Q4 24 | $-1.49 | $-0.08 | ||
| Q3 24 | $-3.94 | $-0.10 | ||
| Q2 24 | $-51.06 | $-0.08 | ||
| Q1 24 | $-7.05 | $-0.09 |
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 | $249.7M | $8.5M |
| 总债务越低越好 | — | $70.7M |
| 股东权益账面价值 | $2.6B | $15.2M |
| 总资产 | $2.9B | $231.5M |
| 负债/权益比越低杠杆越低 | — | 4.66× |
8季度趋势，按日历期对齐
现金及短期投资GRALKFS
| Q4 25 | $249.7M | $8.5M | ||
| Q3 25 | $126.9M | $9.5M | ||
| Q2 25 | $127.4M | $12.3M | ||
| Q1 25 | $133.9M | $6.5M | ||
| Q4 24 | $214.2M | $5.7M | ||
| Q3 24 | $853.6M | $6.7M | ||
| Q2 24 | $958.8M | $9.8M | ||
| Q1 24 | $199.7M | $12.3M |
总债务GRALKFS
| Q4 25 | — | $70.7M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | $58.3M | ||
| Q1 25 | — | $59.5M | ||
| Q4 24 | — | $57.5M | ||
| Q3 24 | — | $58.5M | ||
| Q2 24 | — | $47.3M | ||
| Q1 24 | — | $47.1M |
股东权益GRALKFS
| Q4 25 | $2.6B | $15.2M | ||
| Q3 25 | $2.2B | $16.6M | ||
| Q2 25 | $2.3B | $17.4M | ||
| Q1 25 | $2.4B | $5.5M | ||
| Q4 24 | $2.5B | $8.4M | ||
| Q3 24 | $2.6B | $9.9M | ||
| Q2 24 | $2.7B | $20.7M | ||
| Q1 24 | — | $23.6M |
总资产GRALKFS
| Q4 25 | $2.9B | $231.5M | ||
| Q3 25 | $2.6B | $235.1M | ||
| Q2 25 | $2.7B | $207.7M | ||
| Q1 25 | $2.8B | $192.1M | ||
| Q4 24 | $3.0B | $186.6M | ||
| Q3 24 | $3.1B | $191.1M | ||
| Q2 24 | $3.3B | $192.3M | ||
| Q1 24 | — | $198.0M |
负债/权益比GRALKFS
| Q4 25 | — | 4.66× | ||
| Q3 25 | — | 4.25× | ||
| Q2 25 | — | 3.34× | ||
| Q1 25 | — | 10.91× | ||
| Q4 24 | — | 6.84× | ||
| Q3 24 | — | 5.88× | ||
| Q2 24 | — | 2.29× | ||
| Q1 24 | — | 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 | $-63.8M | $-3.0K |
| 自由现金流经营现金流 - 资本支出 | $-63.9M | — |
| 自由现金流率自由现金流/营收 | -146.5% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 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 | $-299.9M | — |
8季度趋势，按日历期对齐
经营现金流GRALKFS
| Q4 25 | $-63.8M | $-3.0K | ||
| Q3 25 | $-63.2M | $1.5M | ||
| Q2 25 | $-77.0M | $337.0K | ||
| Q1 25 | $-95.0M | $-1.8M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $-104.6M | $368.0K | ||
| Q2 24 | $-171.8M | $557.0K | ||
| Q1 24 | $-207.3M | $249.0K |
自由现金流GRALKFS
| Q4 25 | $-63.9M | — | ||
| Q3 25 | $-63.6M | $1.3M | ||
| Q2 25 | $-77.3M | — | ||
| Q1 25 | $-95.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-105.6M | — | ||
| Q2 24 | $-173.2M | — | ||
| Q1 24 | $-209.8M | — |
自由现金流率GRALKFS
| Q4 25 | -146.5% | — | ||
| Q3 25 | -175.8% | 3.4% | ||
| Q2 25 | -217.6% | — | ||
| Q1 25 | -298.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -368.4% | — | ||
| Q2 24 | -541.7% | — | ||
| Q1 24 | -785.3% | — |
资本支出强度GRALKFS
| Q4 25 | 0.2% | — | ||
| Q3 25 | 1.1% | 0.5% | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.4% | 0.0% | ||
| Q2 24 | 4.3% | — | ||
| Q1 24 | 9.5% | — |
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
GRAL
| Screening Revenue | $42.3M | 97% |
| Developmental Services Revenue | $1.3M | 3% |
KFS
| Other | $14.8M | 38% |
| Roundhouse Electric Equipment Co Inc | $9.7M | 25% |
| MLC Plumbing LLC | $5.7M | 15% |
| Systems Products International Incspi | $3.8M | 10% |
| Advanced Plumbing And Drain | $2.9M | 8% |
| Southside Plumbing | $1.7M | 4% |
