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HA Sustainable Infrastructure Capital, Inc.（HASI）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
HA Sustainable Infrastructure Capital, Inc.的季度营收约是PDF SOLUTIONS INC的1.8倍（$114.8M vs $62.4M），PDF SOLUTIONS INC净利率更高（-0.1% vs -46.8%，领先46.8%），PDF SOLUTIONS INC同比增速更快（24.6% vs 13.3%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 4.2%）
HA可持续基础设施资本公司（HASI）是一家聚焦可持续基础设施领域的专业投资机构，业务覆盖可再生能源、能效提升、可持续地产及低碳公用事业板块，主要在北美市场运营，为合格绿色项目提供长期资本支持，为投资者创造稳定的经风险调整后回报。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
HASI vs PDFS — 直观对比
营收规模更大
HASI
是对方的1.8倍
$62.4M
营收增速更快
PDFS
高出11.3%
13.3%
净利率更高
PDFS
高出46.8%
-46.8%
两年增速更快
PDFS
近两年复合增速
4.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $114.8M | $62.4M |
| 净利润 | $-53.8M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | -57.4% | 5.5% |
| 净利率 | -46.8% | -0.1% |
| 营收同比 | 13.3% | 24.6% |
| 净利润同比 | -176.7% | -108.9% |
| 每股收益（稀释后） | $-0.38 | $0.00 |
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HASIPDFS
| Q4 25 | $114.8M | $62.4M | ||
| Q3 25 | $103.1M | $57.1M | ||
| Q2 25 | $85.7M | $51.7M | ||
| Q1 25 | $96.9M | $47.8M | ||
| Q4 24 | $101.3M | $50.1M | ||
| Q3 24 | $82.0M | $46.4M | ||
| Q2 24 | $94.5M | $41.7M | ||
| Q1 24 | $105.8M | $41.3M |
净利润HASIPDFS
| Q4 25 | $-53.8M | $-48.0K | ||
| Q3 25 | $83.3M | $1.3M | ||
| Q2 25 | $98.4M | $1.1M | ||
| Q1 25 | $56.6M | $-3.0M | ||
| Q4 24 | $70.1M | $539.0K | ||
| Q3 24 | $-19.6M | $2.2M | ||
| Q2 24 | $26.5M | $1.7M | ||
| Q1 24 | $123.0M | $-393.0K |
毛利率HASIPDFS
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 72.3% | ||
| Q2 25 | — | 71.2% | ||
| Q1 25 | — | 72.9% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 67.3% |
营业利润率HASIPDFS
| Q4 25 | -57.4% | 5.5% | ||
| Q3 25 | — | 8.5% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | 84.7% | -7.4% | ||
| Q4 24 | 90.9% | 1.0% | ||
| Q3 24 | -32.1% | 4.6% | ||
| Q2 24 | 39.5% | 0.6% | ||
| Q1 24 | — | -4.7% |
净利率HASIPDFS
| Q4 25 | -46.8% | -0.1% | ||
| Q3 25 | 80.8% | 2.3% | ||
| Q2 25 | 114.9% | 2.2% | ||
| Q1 25 | 58.4% | -6.3% | ||
| Q4 24 | 69.2% | 1.1% | ||
| Q3 24 | -23.9% | 4.8% | ||
| Q2 24 | 28.1% | 4.1% | ||
| Q1 24 | 116.3% | -1.0% |
每股收益（稀释后）HASIPDFS
| Q4 25 | $-0.38 | $0.00 | ||
| Q3 25 | $0.61 | $0.03 | ||
| Q2 25 | $0.74 | $0.03 | ||
| Q1 25 | $0.44 | $-0.08 | ||
| Q4 24 | $0.58 | $0.01 | ||
| Q3 24 | $-0.17 | $0.06 | ||
| Q2 24 | $0.23 | $0.04 | ||
| Q1 24 | $0.98 | $-0.01 |
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 | $110.2M | $42.2M |
| 总债务越低越好 | — | $67.0M |
| 股东权益账面价值 | $2.7B | $271.0M |
| 总资产 | $8.2B | $418.7M |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资HASIPDFS
| Q4 25 | $110.2M | $42.2M | ||
| Q3 25 | $301.8M | $35.9M | ||
| Q2 25 | $86.5M | $40.4M | ||
| Q1 25 | $67.4M | $54.1M | ||
| Q4 24 | $129.8M | $114.9M | ||
| Q3 24 | $44.1M | $120.2M | ||
| Q2 24 | $145.7M | $117.9M | ||
| Q1 24 | $61.4M | $122.9M |
总债务HASIPDFS
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HASIPDFS
| Q4 25 | $2.7B | $271.0M | ||
| Q3 25 | $2.7B | $264.4M | ||
| Q2 25 | $2.6B | $257.5M | ||
| Q1 25 | $2.5B | $249.0M | ||
| Q4 24 | $2.4B | $246.0M | ||
| Q3 24 | $2.3B | $240.5M | ||
| Q2 24 | $2.3B | $232.2M | ||
| Q1 24 | $2.3B | $225.4M |
总资产HASIPDFS
| Q4 25 | $8.2B | $418.7M | ||
| Q3 25 | $8.2B | $406.4M | ||
| Q2 25 | $7.6B | $391.1M | ||
| Q1 25 | $7.5B | $390.0M | ||
| Q4 24 | $7.1B | $315.3M | ||
| Q3 24 | $6.7B | $307.4M | ||
| Q2 24 | $6.7B | $298.0M | ||
| Q1 24 | $6.7B | $286.8M |
负债/权益比HASIPDFS
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $167.3M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | — | $7.5M |
| 自由现金流率自由现金流/营收 | — | 12.1% |
| 资本支出强度资本支出/营收 | — | 15.7% |
| 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 | — | $-8.6M |
8季度趋势，按日历期对齐
经营现金流HASIPDFS
| Q4 25 | $167.3M | $17.3M | ||
| Q3 25 | $-121.8M | $3.3M | ||
| Q2 25 | $79.6M | $-5.2M | ||
| Q1 25 | $-37.1M | $8.6M | ||
| Q4 24 | $5.9M | $1.6M | ||
| Q3 24 | $21.9M | $9.3M | ||
| Q2 24 | $-24.8M | $684.0K | ||
| Q1 24 | $20.9M | $-1.9M |
自由现金流HASIPDFS
| Q4 25 | — | $7.5M | ||
| Q3 25 | — | $-2.9M | ||
| Q2 25 | — | $-13.8M | ||
| Q1 25 | — | $535.0K | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $5.1M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $-3.9M |
自由现金流率HASIPDFS
| Q4 25 | — | 12.1% | ||
| Q3 25 | — | -5.1% | ||
| Q2 25 | — | -26.6% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | -8.0% | ||
| Q3 24 | — | 11.0% | ||
| Q2 24 | — | -11.1% | ||
| Q1 24 | — | -9.4% |
资本支出强度HASIPDFS
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 9.0% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 4.9% |
现金转化率HASIPDFS
| Q4 25 | — | — | ||
| Q3 25 | -1.46× | 2.54× | ||
| Q2 25 | 0.81× | -4.55× | ||
| Q1 25 | -0.66× | — | ||
| Q4 24 | 0.08× | 2.98× | ||
| Q3 24 | — | 4.20× | ||
| Q2 24 | -0.94× | 0.40× | ||
| Q1 24 | 0.17× | — |
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
HASI
暂无分部数据
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
