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GrowGeneration Corp.（GRWG）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GrowGeneration Corp.的1.3倍（$50.3M vs $37.8M），READING INTERNATIONAL INC净利率更高（-5.1% vs -19.6%，领先14.5%），GrowGeneration Corp.同比增速更快（1.0% vs -14.2%），过去两年READING INTERNATIONAL INC的营收复合增速更高（5.6% vs -11.1%）
GrowGeneration Corp是美国领先的水培及有机园艺用品专业零售商，主营种植灯、营养液、环境控制系统、栽培工具等全系列产品，通过覆盖全国的实体门店和电商渠道，为商业室内种植从业者（包括合法大麻种植商）及家庭园艺爱好者提供服务。
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。
GRWG vs RDI — 直观对比
营收规模更大
RDI
是对方的1.3倍
$37.8M
营收增速更快
GRWG
高出15.2%
-14.2%
净利率更高
RDI
高出14.5%
-19.6%
两年增速更快
RDI
近两年复合增速
-11.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $37.8M | $50.3M |
| 净利润 | $-7.4M | $-2.6M |
| 毛利率 | 24.1% | — |
| 营业利润率 | -20.1% | -1.9% |
| 净利率 | -19.6% | -5.1% |
| 营收同比 | 1.0% | -14.2% |
| 净利润同比 | 68.2% | -14.5% |
| 每股收益（稀释后） | $-0.12 | $-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GRWGRDI
| Q4 25 | $37.8M | $50.3M | ||
| Q3 25 | $47.3M | $52.2M | ||
| Q2 25 | $41.0M | $60.4M | ||
| Q1 25 | $35.7M | $40.2M | ||
| Q4 24 | $37.4M | $58.6M | ||
| Q3 24 | $50.0M | $60.1M | ||
| Q2 24 | $53.5M | $46.8M | ||
| Q1 24 | $47.9M | $45.1M |
净利润GRWGRDI
| Q4 25 | $-7.4M | $-2.6M | ||
| Q3 25 | $-2.4M | $-4.2M | ||
| Q2 25 | $-4.8M | $-2.7M | ||
| Q1 25 | $-9.4M | $-4.8M | ||
| Q4 24 | $-23.3M | $-2.2M | ||
| Q3 24 | $-11.4M | $-7.0M | ||
| Q2 24 | $-5.9M | $-12.8M | ||
| Q1 24 | $-8.8M | $-13.2M |
毛利率GRWGRDI
| Q4 25 | 24.1% | — | ||
| Q3 25 | 27.2% | — | ||
| Q2 25 | 28.3% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | 16.4% | — | ||
| Q3 24 | 21.6% | — | ||
| Q2 24 | 26.9% | — | ||
| Q1 24 | 25.8% | — |
营业利润率GRWGRDI
| Q4 25 | -20.1% | -1.9% | ||
| Q3 25 | -6.0% | -0.6% | ||
| Q2 25 | -12.9% | 4.8% | ||
| Q1 25 | -27.7% | -17.2% | ||
| Q4 24 | -63.9% | 2.6% | ||
| Q3 24 | -24.2% | -0.6% | ||
| Q2 24 | -12.2% | -16.4% | ||
| Q1 24 | -19.7% | -16.7% |
净利率GRWGRDI
| Q4 25 | -19.6% | -5.1% | ||
| Q3 25 | -5.2% | -8.0% | ||
| Q2 25 | -11.7% | -4.4% | ||
| Q1 25 | -26.3% | -11.8% | ||
| Q4 24 | -62.4% | -3.8% | ||
| Q3 24 | -22.9% | -11.7% | ||
| Q2 24 | -11.0% | -27.4% | ||
| Q1 24 | -18.5% | -29.4% |
每股收益（稀释后）GRWGRDI
| Q4 25 | $-0.12 | $-0.11 | ||
| Q3 25 | $-0.04 | $-0.18 | ||
| Q2 25 | $-0.08 | $-0.12 | ||
| Q1 25 | $-0.16 | $-0.21 | ||
| Q4 24 | $-0.39 | $-0.11 | ||
| Q3 24 | $-0.19 | $-0.31 | ||
| Q2 24 | $-0.10 | $-0.57 | ||
| Q1 24 | $-0.14 | $-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 | $46.1M | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $97.5M | $-18.2M |
| 总资产 | $147.0M | $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GRWGRDI
| Q4 25 | $46.1M | $10.5M | ||
| Q3 25 | $48.3M | $8.1M | ||
| Q2 25 | $48.7M | $9.1M | ||
| Q1 25 | $52.6M | $5.9M | ||
| Q4 24 | $56.5M | $12.4M | ||
| Q3 24 | $55.2M | $10.1M | ||
| Q2 24 | $56.0M | $9.3M | ||
| Q1 24 | $61.3M | $7.5M |
总债务GRWGRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GRWGRDI
| Q4 25 | $97.5M | $-18.2M | ||
| Q3 25 | $104.7M | $-12.1M | ||
| Q2 25 | $106.7M | $-7.7M | ||
| Q1 25 | $111.2M | $-8.1M | ||
| Q4 24 | $120.1M | $-4.4M | ||
| Q3 24 | $143.2M | $1.6M | ||
| Q2 24 | $155.8M | $6.5M | ||
| Q1 24 | $165.3M | $18.0M |
总资产GRWGRDI
| Q4 25 | $147.0M | $434.9M | ||
| Q3 25 | $159.6M | $435.2M | ||
| Q2 25 | $160.6M | $438.1M | ||
| Q1 25 | $164.2M | $441.0M | ||
| Q4 24 | $174.4M | $471.0M | ||
| Q3 24 | $199.6M | $495.7M | ||
| Q2 24 | $219.2M | $494.9M | ||
| Q1 24 | $230.4M | $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 | $-2.2M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | — | $4.1M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 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 | — | $-2.9M |
8季度趋势，按日历期对齐
经营现金流GRWGRDI
| Q4 25 | $-2.2M | $4.3M | ||
| Q3 25 | $-499.0K | $295.0K | ||
| Q2 25 | $-2.9M | $1.6M | ||
| Q1 25 | $-3.8M | $-7.7M | ||
| Q4 24 | $1.1M | $8.0M | ||
| Q3 24 | $1.2M | $1.3M | ||
| Q2 24 | $-398.0K | $-10.4M | ||
| Q1 24 | $-3.6M | $-2.8M |
自由现金流GRWGRDI
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-4.7M |
自由现金流率GRWGRDI
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% | ||
| Q1 24 | — | -10.4% |
资本支出强度GRWGRDI
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 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
GRWG
| Consumables | $22.3M | 59% |
| Durables | $9.8M | 26% |
| Commercial Fixture Sales | $5.7M | 15% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
