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GRAIL, Inc.（GRAL）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是GRAIL, Inc.的1.2倍（$50.3M vs $43.6M），READING INTERNATIONAL INC净利率更高（-5.1% vs -227.5%，领先222.4%），GRAIL, Inc.同比增速更快（14.0% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $-63.9M），过去两年GRAIL, Inc.的营收复合增速更高（27.7% vs 5.6%）
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。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
GRAL vs RDI — 直观对比
营收规模更大
RDI
是对方的1.2倍
$43.6M
营收增速更快
GRAL
高出28.2%
-14.2%
净利率更高
RDI
高出222.4%
-227.5%
自由现金流更多
RDI
多$68.0M
$-63.9M
两年增速更快
GRAL
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.6M | $50.3M |
| 净利润 | $-99.2M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | -285.4% | -1.9% |
| 净利率 | -227.5% | -5.1% |
| 营收同比 | 14.0% | -14.2% |
| 净利润同比 | -2.2% | -14.5% |
| 每股收益（稀释后） | $-2.37 | $-0.11 |
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GRALRDI
| Q4 25 | $43.6M | $50.3M | ||
| Q3 25 | $36.2M | $52.2M | ||
| Q2 25 | $35.5M | $60.4M | ||
| Q1 25 | $31.8M | $40.2M | ||
| Q4 24 | $38.3M | $58.6M | ||
| Q3 24 | $28.7M | $60.1M | ||
| Q2 24 | $32.0M | $46.8M | ||
| Q1 24 | $26.7M | $45.1M |
净利润GRALRDI
| Q4 25 | $-99.2M | $-2.6M | ||
| Q3 25 | $-89.0M | $-4.2M | ||
| Q2 25 | $-114.0M | $-2.7M | ||
| Q1 25 | $-106.2M | $-4.8M | ||
| Q4 24 | $-97.1M | $-2.2M | ||
| Q3 24 | $-125.7M | $-7.0M | ||
| Q2 24 | $-1.6B | $-12.8M | ||
| Q1 24 | $-218.9M | $-13.2M |
营业利润率GRALRDI
| Q4 25 | -285.4% | -1.9% | ||
| Q3 25 | -346.2% | -0.6% | ||
| Q2 25 | -446.9% | 4.8% | ||
| Q1 25 | -482.5% | -17.2% | ||
| Q4 24 | -358.0% | 2.6% | ||
| Q3 24 | -640.5% | -0.6% | ||
| Q2 24 | -5133.8% | -16.4% | ||
| Q1 24 | -851.1% | -16.7% |
净利率GRALRDI
| Q4 25 | -227.5% | -5.1% | ||
| Q3 25 | -245.8% | -8.0% | ||
| Q2 25 | -320.7% | -4.4% | ||
| Q1 25 | -333.6% | -11.8% | ||
| Q4 24 | -253.8% | -3.8% | ||
| Q3 24 | -438.7% | -11.7% | ||
| Q2 24 | -4958.8% | -27.4% | ||
| Q1 24 | -819.3% | -29.4% |
每股收益（稀释后）GRALRDI
| Q4 25 | $-2.37 | $-0.11 | ||
| Q3 25 | $-2.46 | $-0.18 | ||
| Q2 25 | $-3.18 | $-0.12 | ||
| Q1 25 | $-3.10 | $-0.21 | ||
| Q4 24 | $-1.49 | $-0.11 | ||
| Q3 24 | $-3.94 | $-0.31 | ||
| Q2 24 | $-51.06 | $-0.57 | ||
| Q1 24 | $-7.05 | $-0.59 |
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 | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $2.6B | $-18.2M |
| 总资产 | $2.9B | $434.9M |
| 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GRALRDI
| Q4 25 | $249.7M | $10.5M | ||
| Q3 25 | $126.9M | $8.1M | ||
| Q2 25 | $127.4M | $9.1M | ||
| Q1 25 | $133.9M | $5.9M | ||
| Q4 24 | $214.2M | $12.4M | ||
| Q3 24 | $853.6M | $10.1M | ||
| Q2 24 | $958.8M | $9.3M | ||
| Q1 24 | $199.7M | $7.5M |
总债务GRALRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GRALRDI
| Q4 25 | $2.6B | $-18.2M | ||
| Q3 25 | $2.2B | $-12.1M | ||
| Q2 25 | $2.3B | $-7.7M | ||
| Q1 25 | $2.4B | $-8.1M | ||
| Q4 24 | $2.5B | $-4.4M | ||
| Q3 24 | $2.6B | $1.6M | ||
| Q2 24 | $2.7B | $6.5M | ||
| Q1 24 | — | $18.0M |
总资产GRALRDI
| Q4 25 | $2.9B | $434.9M | ||
| Q3 25 | $2.6B | $435.2M | ||
| Q2 25 | $2.7B | $438.1M | ||
| Q1 25 | $2.8B | $441.0M | ||
| Q4 24 | $3.0B | $471.0M | ||
| Q3 24 | $3.1B | $495.7M | ||
| Q2 24 | $3.3B | $494.9M | ||
| Q1 24 | — | $494.9M |
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 | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-63.9M | $4.1M |
| 自由现金流率自由现金流/营收 | -146.5% | 8.2% |
| 资本支出强度资本支出/营收 | 0.2% | 0.3% |
| 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 | $-299.9M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流GRALRDI
| Q4 25 | $-63.8M | $4.3M | ||
| Q3 25 | $-63.2M | $295.0K | ||
| Q2 25 | $-77.0M | $1.6M | ||
| Q1 25 | $-95.0M | $-7.7M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | $-104.6M | $1.3M | ||
| Q2 24 | $-171.8M | $-10.4M | ||
| Q1 24 | $-207.3M | $-2.8M |
自由现金流GRALRDI
| Q4 25 | $-63.9M | $4.1M | ||
| Q3 25 | $-63.6M | $-246.0K | ||
| Q2 25 | $-77.3M | $1.2M | ||
| Q1 25 | $-95.1M | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | $-105.6M | $-1.1M | ||
| Q2 24 | $-173.2M | $-10.6M | ||
| Q1 24 | $-209.8M | $-4.7M |
自由现金流率GRALRDI
| Q4 25 | -146.5% | 8.2% | ||
| Q3 25 | -175.8% | -0.5% | ||
| Q2 25 | -217.6% | 1.9% | ||
| Q1 25 | -298.6% | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | -368.4% | -1.8% | ||
| Q2 24 | -541.7% | -22.7% | ||
| Q1 24 | -785.3% | -10.4% |
资本支出强度GRALRDI
| Q4 25 | 0.2% | 0.3% | ||
| Q3 25 | 1.1% | 1.0% | ||
| Q2 25 | 1.0% | 0.6% | ||
| Q1 25 | 0.2% | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | 3.4% | 4.0% | ||
| Q2 24 | 4.3% | 0.5% | ||
| Q1 24 | 9.5% | 4.3% |
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% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
