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Hut 8 Corp.（HUT）与Proto Labs Inc（PRLB）财务数据对比。点击上方公司名可切换其他公司
Proto Labs Inc的季度营收约是Hut 8 Corp.的1.6倍（$139.3M vs $88.5M），Proto Labs Inc净利率更高（5.8% vs -316.0%，领先321.9%），Hut 8 Corp.同比增速更快（179.2% vs 10.4%），过去两年Hut 8 Corp.的营收复合增速更高（30.8% vs 5.3%）
Tropical Hut是菲律宾水星集团旗下的快餐连锁品牌，是菲律宾历史第七悠久的餐饮连锁品牌，创立时间早于1978年成立的快乐蜂及1981年进入菲律宾市场的麦当劳。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
HUT vs PRLB — 直观对比
营收规模更大
PRLB
是对方的1.6倍
$88.5M
营收增速更快
HUT
高出168.8%
10.4%
净利率更高
PRLB
高出321.9%
-316.0%
两年增速更快
HUT
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $88.5M | $139.3M |
| 净利润 | $-279.7M | $8.1M |
| 毛利率 | 60.4% | 45.6% |
| 营业利润率 | -491.4% | 7.1% |
| 净利率 | -316.0% | 5.8% |
| 营收同比 | 179.2% | 10.4% |
| 净利润同比 | -283.7% | 125.4% |
| 每股收益（稀释后） | $-2.45 | $0.29 |
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HUTPRLB
| Q1 26 | — | $139.3M | ||
| Q4 25 | $88.5M | $136.5M | ||
| Q3 25 | $83.5M | $135.4M | ||
| Q2 25 | $41.3M | $135.1M | ||
| Q1 25 | $21.8M | $126.2M | ||
| Q4 24 | $31.7M | $121.8M | ||
| Q3 24 | $43.7M | $125.6M | ||
| Q2 24 | $35.2M | $125.6M |
净利润HUTPRLB
| Q1 26 | — | $8.1M | ||
| Q4 25 | $-279.7M | — | ||
| Q3 25 | $50.1M | $7.2M | ||
| Q2 25 | $137.3M | $4.4M | ||
| Q1 25 | $-133.9M | $3.6M | ||
| Q4 24 | $152.2M | — | ||
| Q3 24 | $647.0K | $7.2M | ||
| Q2 24 | $-71.9M | $4.5M |
毛利率HUTPRLB
| Q1 26 | — | 45.6% | ||
| Q4 25 | 60.4% | 44.2% | ||
| Q3 25 | 61.3% | 45.3% | ||
| Q2 25 | 47.3% | 44.3% | ||
| Q1 25 | 14.5% | 44.1% | ||
| Q4 24 | 35.9% | 42.7% | ||
| Q3 24 | 59.9% | 45.6% | ||
| Q2 24 | 41.4% | 45.0% |
营业利润率HUTPRLB
| Q1 26 | — | 7.1% | ||
| Q4 25 | -491.4% | 5.0% | ||
| Q3 25 | 87.0% | 6.5% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | -676.8% | 3.6% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | -3.6% | 6.8% | ||
| Q2 24 | -246.2% | 4.8% |
净利率HUTPRLB
| Q1 26 | — | 5.8% | ||
| Q4 25 | -316.0% | — | ||
| Q3 25 | 60.0% | 5.3% | ||
| Q2 25 | 332.5% | 3.3% | ||
| Q1 25 | -613.7% | 2.9% | ||
| Q4 24 | 480.3% | — | ||
| Q3 24 | 1.5% | 5.7% | ||
| Q2 24 | -204.1% | 3.6% |
每股收益（稀释后）HUTPRLB
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-2.45 | $0.25 | ||
| Q3 25 | $0.43 | $0.30 | ||
| Q2 25 | $1.18 | $0.18 | ||
| Q1 25 | $-1.30 | $0.15 | ||
| Q4 24 | $1.41 | $-0.01 | ||
| Q3 24 | $0.01 | $0.29 | ||
| Q2 24 | $-0.78 | $0.18 |
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 | $44.9M | $124.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $683.1M |
| 总资产 | $2.8B | $778.6M |
| 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HUTPRLB
| Q1 26 | — | $124.0M | ||
| Q4 25 | $44.9M | $128.1M | ||
| Q3 25 | $33.5M | $119.2M | ||
| Q2 25 | $216.3M | $103.2M | ||
| Q1 25 | $108.4M | $96.8M | ||
| Q4 24 | $85.0M | $103.1M | ||
| Q3 24 | — | $100.5M | ||
| Q2 24 | — | $112.9M |
总债务HUTPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $300.6M | — | ||
| Q3 24 | $297.3M | — | ||
| Q2 24 | $328.8M | — |
股东权益HUTPRLB
| Q1 26 | — | $683.1M | ||
| Q4 25 | $1.4B | $673.9M | ||
| Q3 25 | $1.4B | $664.7M | ||
| Q2 25 | $1.3B | $664.7M | ||
| Q1 25 | $960.0M | $656.8M | ||
| Q4 24 | $976.7M | $670.2M | ||
| Q3 24 | $703.9M | $680.0M | ||
| Q2 24 | $660.1M | $685.2M |
总资产HUTPRLB
| Q1 26 | — | $778.6M | ||
| Q4 25 | $2.8B | $763.4M | ||
| Q3 25 | $2.7B | $756.9M | ||
| Q2 25 | $2.0B | $743.3M | ||
| Q1 25 | $1.6B | $737.5M | ||
| Q4 24 | $1.5B | $743.5M | ||
| Q3 24 | $1.1B | $753.8M | ||
| Q2 24 | $1.1B | $758.2M |
负债/权益比HUTPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.50× | — |
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 | $-139.2M | $17.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 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HUTPRLB
| Q1 26 | — | $17.5M | ||
| Q4 25 | $-139.2M | $16.5M | ||
| Q3 25 | $770.0K | $29.1M | ||
| Q2 25 | $-48.8M | $10.6M | ||
| Q1 25 | $-33.8M | $18.4M | ||
| Q4 24 | $-68.5M | $17.3M | ||
| Q3 24 | $-4.2M | $24.8M | ||
| Q2 24 | $-16.4M | $14.4M |
自由现金流HUTPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | $8.4M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $17.1M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | — | $23.2M | ||
| Q2 24 | — | $10.2M |
自由现金流率HUTPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 18.5% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 8.2% |
资本支出强度HUTPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 3.3% |
现金转化率HUTPRLB
| Q1 26 | — | 2.16× | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.02× | 4.03× | ||
| Q2 25 | -0.36× | 2.39× | ||
| Q1 25 | — | 5.11× | ||
| Q4 24 | -0.45× | — | ||
| Q3 24 | -6.49× | 3.44× | ||
| Q2 24 | — | 3.18× |
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
HUT
| High Performance Computing Colocation And Cloud | $81.9M | 93% |
| Power | $5.0M | 6% |
| Digital Infrastructure | $1.6M | 2% |
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
