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HERITAGE COMMERCE CORP（HTBK）与NLIGHT, INC.（LASR）财务数据对比。点击上方公司名可切换其他公司
NLIGHT, INC.的季度营收约是HERITAGE COMMERCE CORP的1.5倍（$80.2M vs $53.6M），HERITAGE COMMERCE CORP净利率更高（28.2% vs 0.8%，领先27.4%），NLIGHT, INC.同比增速更快（55.2% vs 15.6%），过去两年NLIGHT, INC.的营收复合增速更高（26.0% vs 12.8%）
本文介绍的企业主体信息与内容描述不符，描述内容实际为美国商会，该商会成立于1912年4月23日，是美国规模最大的游说类商业协会 advocacy 团体，成立之初得益于时任总统威廉·霍华德·塔夫脱与劳工商务部长查尔斯·内格尔推动，旨在代表工商界发声。
nLight Inc.是全球领先的高性能半导体激光器、光纤激光器及相关光学组件研发生产商，产品广泛应用于工业精密制造、航空航天与国防、医疗设备、前沿研究等核心领域，客户遍及北美、欧洲及亚太地区。
HTBK vs LASR — 直观对比
营收规模更大
LASR
是对方的1.5倍
$53.6M
营收增速更快
LASR
高出39.5%
15.6%
净利率更高
HTBK
高出27.4%
0.8%
两年增速更快
LASR
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $53.6M | $80.2M |
| 净利润 | $15.1M | $645.0K |
| 毛利率 | — | 33.1% |
| 营业利润率 | 41.0% | 66.0% |
| 净利率 | 28.2% | 0.8% |
| 营收同比 | 15.6% | 55.2% |
| 净利润同比 | 42.3% | — |
| 每股收益（稀释后） | $0.25 | $0.01 |
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HTBKLASR
| Q1 26 | — | $80.2M | ||
| Q4 25 | $53.6M | $81.2M | ||
| Q3 25 | $50.0M | $66.7M | ||
| Q2 25 | $47.8M | $61.7M | ||
| Q1 25 | $46.1M | $51.7M | ||
| Q4 24 | $46.4M | $47.4M | ||
| Q3 24 | $42.2M | $56.1M | ||
| Q2 24 | $41.7M | $50.5M |
净利润HTBKLASR
| Q1 26 | — | $645.0K | ||
| Q4 25 | $15.1M | $-4.9M | ||
| Q3 25 | $14.7M | $-6.9M | ||
| Q2 25 | $6.4M | $-3.6M | ||
| Q1 25 | $11.6M | $-8.1M | ||
| Q4 24 | $10.6M | $-25.0M | ||
| Q3 24 | $10.5M | $-10.3M | ||
| Q2 24 | $9.2M | $-11.7M |
毛利率HTBKLASR
| Q1 26 | — | 33.1% | ||
| Q4 25 | — | 30.7% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | — | 29.9% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 22.4% | ||
| Q2 24 | — | 23.5% |
营业利润率HTBKLASR
| Q1 26 | — | 66.0% | ||
| Q4 25 | 41.0% | -6.7% | ||
| Q3 25 | 41.1% | -10.9% | ||
| Q2 25 | 18.7% | -6.9% | ||
| Q1 25 | 35.4% | -18.6% | ||
| Q4 24 | 31.8% | -55.8% | ||
| Q3 24 | 34.3% | -21.0% | ||
| Q2 24 | 31.3% | -25.1% |
净利率HTBKLASR
| Q1 26 | — | 0.8% | ||
| Q4 25 | 28.2% | -6.0% | ||
| Q3 25 | 29.4% | -10.3% | ||
| Q2 25 | 13.4% | -5.8% | ||
| Q1 25 | 25.2% | -15.7% | ||
| Q4 24 | 22.9% | -52.7% | ||
| Q3 24 | 24.9% | -18.4% | ||
| Q2 24 | 22.1% | -23.2% |
每股收益（稀释后）HTBKLASR
| Q1 26 | — | $0.01 | ||
| Q4 25 | $0.25 | $-0.10 | ||
| Q3 25 | $0.24 | $-0.14 | ||
| Q2 25 | $0.10 | $-0.07 | ||
| Q1 25 | $0.19 | $-0.16 | ||
| Q4 24 | $0.17 | $-0.52 | ||
| Q3 24 | $0.17 | $-0.21 | ||
| Q2 24 | $0.15 | $-0.25 |
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 | — | $298.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $708.6M | $429.2M |
| 总资产 | $5.8B | $515.7M |
| 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HTBKLASR
| Q1 26 | — | $298.2M | ||
| Q4 25 | — | $98.7M | ||
| Q3 25 | — | $81.1M | ||
| Q2 25 | — | $78.8M | ||
| Q1 25 | — | $82.2M | ||
| Q4 24 | — | $65.8M | ||
| Q3 24 | — | $41.5M | ||
| Q2 24 | — | $49.4M |
股东权益HTBKLASR
| Q1 26 | — | $429.2M | ||
| Q4 25 | $708.6M | $226.7M | ||
| Q3 25 | $700.0M | $218.5M | ||
| Q2 25 | $694.7M | $216.0M | ||
| Q1 25 | $696.2M | $212.8M | ||
| Q4 24 | $689.7M | $216.4M | ||
| Q3 24 | $685.4M | $235.3M | ||
| Q2 24 | $679.2M | $239.5M |
总资产HTBKLASR
| Q1 26 | — | $515.7M | ||
| Q4 25 | $5.8B | $315.2M | ||
| Q3 25 | $5.6B | $298.7M | ||
| Q2 25 | $5.5B | $295.3M | ||
| Q1 25 | $5.5B | $290.0M | ||
| Q4 24 | $5.6B | $270.2M | ||
| Q3 24 | $5.6B | $291.3M | ||
| Q2 24 | $5.3B | $294.3M |
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 | $61.7M | — |
| 自由现金流经营现金流 - 资本支出 | $61.3M | — |
| 自由现金流率自由现金流/营收 | 114.3% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | 4.08× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HTBKLASR
| Q1 26 | — | — | ||
| Q4 25 | $61.7M | $17.5M | ||
| Q3 25 | $18.9M | $5.2M | ||
| Q2 25 | $8.0M | $-1.4M | ||
| Q1 25 | $14.8M | $-20.0K | ||
| Q4 24 | $39.0M | $-3.9M | ||
| Q3 24 | $5.3M | $-5.6M | ||
| Q2 24 | $10.5M | $-4.2M |
自由现金流HTBKLASR
| Q1 26 | — | — | ||
| Q4 25 | $61.3M | $15.9M | ||
| Q3 25 | $18.8M | $2.4M | ||
| Q2 25 | — | $-3.8M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | $37.3M | $-6.5M | ||
| Q3 24 | $4.9M | $-7.2M | ||
| Q2 24 | $9.9M | $-6.4M |
自由现金流率HTBKLASR
| Q1 26 | — | — | ||
| Q4 25 | 114.3% | 19.6% | ||
| Q3 25 | 37.7% | 3.7% | ||
| Q2 25 | — | -6.1% | ||
| Q1 25 | — | -4.5% | ||
| Q4 24 | 80.5% | -13.7% | ||
| Q3 24 | 11.6% | -12.9% | ||
| Q2 24 | 23.6% | -12.6% |
资本支出强度HTBKLASR
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 2.0% | ||
| Q3 25 | 0.1% | 4.2% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | 3.5% | 5.5% | ||
| Q3 24 | 1.0% | 2.9% | ||
| Q2 24 | 1.6% | 4.2% |
现金转化率HTBKLASR
| Q1 26 | — | — | ||
| Q4 25 | 4.08× | — | ||
| Q3 25 | 1.28× | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 0.50× | — | ||
| Q2 24 | 1.14× | — |
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
HTBK
暂无分部数据
LASR
| Products | $58.2M | 73% |
| Development | $22.0M | 27% |
