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i3 Verticals, Inc.（IIIV）与MERCANTILE BANK CORP（MBWM）财务数据对比。点击上方公司名可切换其他公司
MERCANTILE BANK CORP的季度营收约是i3 Verticals, Inc.的1.3倍（$67.6M vs $52.7M），MERCANTILE BANK CORP净利率更高（33.6% vs 0.9%，领先32.6%），过去两年MERCANTILE BANK CORP的营收复合增速更高（9.1% vs -4.7%）
Prusa i3是捷克Prusa Research公司生产的熔融沉积成型3D打印机系列，以Original Prusa i3为注册商标推出，同时也是RepRap项目的组成部分。2016年该系列就被评为全球使用率最高的3D打印机，最早由Josef Průša在2012年完成设计，2015年正式推出商用套件版本，目前最新型号同时提供散件套件和原厂组装版本，具备性价比高、易操作的优势。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
IIIV vs MBWM — 直观对比
营收规模更大
MBWM
是对方的1.3倍
$52.7M
净利率更高
MBWM
高出32.6%
0.9%
两年增速更快
MBWM
近两年复合增速
-4.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $52.7M | $67.6M |
| 净利润 | $484.0K | $22.7M |
| 毛利率 | — | — |
| 营业利润率 | 3.1% | — |
| 净利率 | 0.9% | 33.6% |
| 营收同比 | -14.6% | — |
| 净利润同比 | -76.5% | 16.1% |
| 每股收益（稀释后） | $0.02 | $1.32 |
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IIIVMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $52.7M | $62.1M | ||
| Q3 25 | $46.0M | $62.4M | ||
| Q2 25 | $51.9M | $60.9M | ||
| Q1 25 | $63.1M | $57.3M | ||
| Q4 24 | $52.2M | $58.5M | ||
| Q3 24 | $32.0M | $58.0M | ||
| Q2 24 | $46.2M | $56.8M |
净利润IIIVMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $484.0K | $22.8M | ||
| Q3 25 | $3.1M | $23.8M | ||
| Q2 25 | $12.9M | $22.6M | ||
| Q1 25 | $-154.0K | $19.5M | ||
| Q4 24 | $2.1M | $19.6M | ||
| Q3 24 | $117.9M | $19.6M | ||
| Q2 24 | $-7.5M | $18.8M |
营业利润率IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | 42.0% | ||
| Q3 25 | 3.2% | 44.0% | ||
| Q2 25 | -9.3% | 42.6% | ||
| Q1 25 | 8.0% | 42.0% | ||
| Q4 24 | 3.9% | 39.7% | ||
| Q3 24 | 10.6% | 42.4% | ||
| Q2 24 | -2.8% | 41.4% |
净利率IIIVMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 0.9% | 36.8% | ||
| Q3 25 | 6.7% | 38.1% | ||
| Q2 25 | 24.8% | 37.1% | ||
| Q1 25 | -0.2% | 34.1% | ||
| Q4 24 | 3.9% | 33.5% | ||
| Q3 24 | 368.2% | 33.8% | ||
| Q2 24 | -16.3% | 33.1% |
每股收益（稀释后）IIIVMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | $0.02 | $1.41 | ||
| Q3 25 | $0.14 | $1.46 | ||
| Q2 25 | $0.50 | $1.39 | ||
| Q1 25 | $0.00 | $1.21 | ||
| Q4 24 | $0.08 | $1.20 | ||
| Q3 24 | $4.93 | $1.22 | ||
| Q2 24 | $-0.32 | $1.17 |
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 | $37.5M | — |
| 总债务越低越好 | — | $1.5M |
| 股东权益账面价值 | $358.5M | $736.9M |
| 总资产 | $595.9M | $6.9B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | $37.5M | — | ||
| Q3 25 | $66.7M | — | ||
| Q2 25 | $55.5M | — | ||
| Q1 25 | $7.7M | — | ||
| Q4 24 | $85.6M | — | ||
| Q3 24 | $86.5M | — | ||
| Q2 24 | $9.7M | — |
总债务IIIVMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | — | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $12.0M | — | ||
| Q4 24 | $26.2M | — | ||
| Q3 24 | $26.2M | — | ||
| Q2 24 | $374.1M | — |
股东权益IIIVMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | $358.5M | $724.9M | ||
| Q3 25 | $389.6M | $657.6M | ||
| Q2 25 | $383.3M | $631.5M | ||
| Q1 25 | $385.2M | $608.3M | ||
| Q4 24 | $375.0M | $584.5M | ||
| Q3 24 | $379.7M | $583.3M | ||
| Q2 24 | $249.7M | $551.2M |
总资产IIIVMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $595.9M | $6.8B | ||
| Q3 25 | $638.4M | $6.3B | ||
| Q2 25 | $623.3M | $6.2B | ||
| Q1 25 | $646.4M | $6.1B | ||
| Q4 24 | $726.2M | $6.1B | ||
| Q3 24 | $730.7M | $5.9B | ||
| Q2 24 | $861.7M | $5.6B |
负债/权益比IIIVMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 1.50× | — |
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 | $14.1M | — |
| 自由现金流经营现金流 - 资本支出 | $13.8M | — |
| 自由现金流率自由现金流/营收 | 26.2% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 29.18× | — |
| 过去12个月自由现金流最近4个季度 | $6.5M | — |
8季度趋势，按日历期对齐
经营现金流IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | $14.1M | $18.0M | ||
| Q3 25 | $14.0M | $23.1M | ||
| Q2 25 | $7.4M | $-7.8M | ||
| Q1 25 | $-27.1M | $-3.0M | ||
| Q4 24 | $11.5M | $101.1M | ||
| Q3 24 | $15.1M | $-8.1M | ||
| Q2 24 | $8.1M | $9.1M |
自由现金流IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | $13.8M | — | ||
| Q3 25 | $13.5M | — | ||
| Q2 25 | $6.8M | — | ||
| Q1 25 | $-27.6M | — | ||
| Q4 24 | $11.0M | — | ||
| Q3 24 | $14.6M | — | ||
| Q2 24 | $7.2M | — |
自由现金流率IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 26.2% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | -43.8% | — | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 15.6% | — |
资本支出强度IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.9% | — |
现金转化率IIIVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 29.18× | 0.79× | ||
| Q3 25 | 4.52× | 0.97× | ||
| Q2 25 | 0.57× | -0.35× | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | 5.59× | 5.15× | ||
| Q3 24 | 0.13× | -0.41× | ||
| Q2 24 | — | 0.49× |
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
IIIV
| License And Service | $35.7M | 68% |
| Proprietary Payments Revenue | $14.5M | 27% |
| Other Revenue | $2.5M | 5% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
