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IMAX（IMAX）与MP Materials Corp.（MP）财务数据对比。点击上方公司名可切换其他公司
IMAX的季度营收约是MP Materials Corp.的1.4倍（$125.2M vs $90.6M），IMAX净利率更高（0.5% vs -8.8%，领先9.3%），MP Materials Corp.同比增速更快（49.1% vs 35.1%），过去两年MP Materials Corp.的营收复合增速更高（70.3% vs 25.8%）
IMAX公司是加拿大的影视放映技术企业，1967年创立于蒙特利尔，总部位于多伦多地区，在纽约、洛杉矶均设有业务点。核心业务包括IMAX摄影机与放映系统的设计制造，同时面向全球合作影院提供影片开发、制作、后期及发行服务，是沉浸式观影技术领域的领先企业。
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
IMAX vs MP — 直观对比
营收规模更大
IMAX
是对方的1.4倍
$90.6M
营收增速更快
MP
高出14.0%
35.1%
净利率更高
IMAX
高出9.3%
-8.8%
两年增速更快
MP
近两年复合增速
25.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $90.6M |
| 净利润 | $637.0K | $-8.0M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | — |
| 净利率 | 0.5% | -8.8% |
| 营收同比 | 35.1% | 49.1% |
| 净利润同比 | -88.0% | 64.8% |
| 每股收益（稀释后） | $0.02 | $-0.04 |
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IMAXMP
| Q1 26 | — | $90.6M | ||
| Q4 25 | $125.2M | $52.7M | ||
| Q3 25 | $106.7M | $53.6M | ||
| Q2 25 | $91.7M | $57.4M | ||
| Q1 25 | $86.7M | $60.8M | ||
| Q4 24 | $92.7M | $61.0M | ||
| Q3 24 | $91.5M | $62.9M | ||
| Q2 24 | $89.0M | $31.3M |
净利润IMAXMP
| Q1 26 | — | $-8.0M | ||
| Q4 25 | $637.0K | $9.4M | ||
| Q3 25 | $20.7M | $-41.8M | ||
| Q2 25 | $11.3M | $-30.9M | ||
| Q1 25 | $2.3M | $-22.6M | ||
| Q4 24 | $5.3M | $-22.3M | ||
| Q3 24 | $13.9M | $-25.5M | ||
| Q2 24 | $3.6M | $-34.1M |
毛利率IMAXMP
| Q1 26 | — | — | ||
| Q4 25 | 57.6% | — | ||
| Q3 25 | 63.1% | — | ||
| Q2 25 | 58.5% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 52.2% | — | ||
| Q3 24 | 55.8% | — | ||
| Q2 24 | 49.4% | — |
营业利润率IMAXMP
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | -7.0% | ||
| Q3 25 | 27.2% | -125.2% | ||
| Q2 25 | 15.6% | -76.5% | ||
| Q1 25 | 19.3% | -57.2% | ||
| Q4 24 | 10.3% | -72.1% | ||
| Q3 24 | 21.2% | -62.8% | ||
| Q2 24 | 3.2% | -171.1% |
净利率IMAXMP
| Q1 26 | — | -8.8% | ||
| Q4 25 | 0.5% | 17.9% | ||
| Q3 25 | 19.4% | -78.0% | ||
| Q2 25 | 12.3% | -53.8% | ||
| Q1 25 | 2.7% | -37.2% | ||
| Q4 24 | 5.7% | -36.6% | ||
| Q3 24 | 15.2% | -40.5% | ||
| Q2 24 | 4.0% | -108.9% |
每股收益（稀释后）IMAXMP
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $0.02 | $0.07 | ||
| Q3 25 | $0.37 | $-0.24 | ||
| Q2 25 | $0.20 | $-0.19 | ||
| Q1 25 | $0.04 | $-0.14 | ||
| Q4 24 | $0.09 | $-0.12 | ||
| Q3 24 | $0.26 | $-0.16 | ||
| Q2 24 | $0.07 | $-0.21 |
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 | $151.2M | $1.7B |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $337.9M | $2.0B |
| 总资产 | $894.0M | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资IMAXMP
| Q1 26 | — | $1.7B | ||
| Q4 25 | $151.2M | $1.2B | ||
| Q3 25 | $143.1M | $1.1B | ||
| Q2 25 | $109.3M | $261.5M | ||
| Q1 25 | $97.1M | $198.3M | ||
| Q4 24 | $100.6M | $282.4M | ||
| Q3 24 | $104.5M | $284.4M | ||
| Q2 24 | $91.6M | $295.6M |
总债务IMAXMP
| Q1 26 | — | $1.0B | ||
| Q4 25 | — | $998.7M | ||
| Q3 25 | — | $997.3M | ||
| Q2 25 | — | $910.8M | ||
| Q1 25 | — | $909.8M | ||
| Q4 24 | — | $908.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IMAXMP
| Q1 26 | — | $2.0B | ||
| Q4 25 | $337.9M | $2.0B | ||
| Q3 25 | $349.5M | $2.0B | ||
| Q2 25 | $320.4M | $1.0B | ||
| Q1 25 | $299.5M | $1.0B | ||
| Q4 24 | $299.5M | $1.1B | ||
| Q3 24 | $289.4M | $1.1B | ||
| Q2 24 | $267.2M | $1.1B |
总资产IMAXMP
| Q1 26 | — | $3.8B | ||
| Q4 25 | $894.0M | $3.9B | ||
| Q3 25 | $889.6M | $3.8B | ||
| Q2 25 | $868.6M | $2.3B | ||
| Q1 25 | $848.3M | $2.4B | ||
| Q4 24 | $830.4M | $2.3B | ||
| Q3 24 | $847.6M | $2.3B | ||
| Q2 24 | $827.4M | $2.4B |
负债/权益比IMAXMP
| Q1 26 | — | 0.51× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | — | ||
| Q2 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 | $29.4M | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | — |
| 自由现金流率自由现金流/营收 | 22.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 46.11× | — |
| 过去12个月自由现金流最近4个季度 | $118.9M | — |
8季度趋势，按日历期对齐
经营现金流IMAXMP
| Q1 26 | — | $-1.9M | ||
| Q4 25 | $29.4M | $-46.9M | ||
| Q3 25 | $67.5M | $-42.0M | ||
| Q2 25 | $23.2M | $-3.7M | ||
| Q1 25 | $7.0M | $-63.2M | ||
| Q4 24 | $11.5M | $30.5M | ||
| Q3 24 | $35.3M | $-6.8M | ||
| Q2 24 | $35.0M | $30.8M |
自由现金流IMAXMP
| Q1 26 | — | — | ||
| Q4 25 | $28.0M | $-109.3M | ||
| Q3 25 | $64.8M | $-92.5M | ||
| Q2 25 | $20.9M | $-32.7M | ||
| Q1 25 | $5.3M | $-93.7M | ||
| Q4 24 | $6.9M | $-11.2M | ||
| Q3 24 | $34.2M | $-53.3M | ||
| Q2 24 | $33.5M | $-15.6M |
自由现金流率IMAXMP
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | -207.4% | ||
| Q3 25 | 60.7% | -172.8% | ||
| Q2 25 | 22.8% | -56.9% | ||
| Q1 25 | 6.1% | -154.0% | ||
| Q4 24 | 7.4% | -18.3% | ||
| Q3 24 | 37.3% | -84.7% | ||
| Q2 24 | 37.6% | -50.1% |
资本支出强度IMAXMP
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 118.5% | ||
| Q3 25 | 2.6% | 94.3% | ||
| Q2 25 | 2.6% | 50.5% | ||
| Q1 25 | 1.9% | 50.1% | ||
| Q4 24 | 5.0% | 68.3% | ||
| Q3 24 | 1.2% | 73.8% | ||
| Q2 24 | 1.8% | 148.7% |
现金转化率IMAXMP
| Q1 26 | — | — | ||
| Q4 25 | 46.11× | -4.97× | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | — |
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
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
MP
| Materials Segment | $72.2M | 80% |
| Magnetics Segment | $21.1M | 23% |
