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IMAX（IMAX）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IMAX的1.1倍（$136.5M vs $125.2M），IMAX同比增速更快（35.1% vs 12.1%），IMAX自由现金流更多（$28.0M vs $8.4M），过去两年IMAX的营收复合增速更高（25.8% vs 3.3%）
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。
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。
IMAX vs PRLB — 直观对比
营收规模更大
PRLB
是对方的1.1倍
$125.2M
营收增速更快
IMAX
高出23.0%
12.1%
自由现金流更多
IMAX
多$19.6M
$8.4M
两年增速更快
IMAX
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $136.5M |
| 净利润 | $637.0K | — |
| 毛利率 | 57.6% | 44.2% |
| 营业利润率 | 19.3% | 5.0% |
| 净利率 | 0.5% | — |
| 营收同比 | 35.1% | 12.1% |
| 净利润同比 | -88.0% | — |
| 每股收益（稀释后） | $0.02 | $0.25 |
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IMAXPRLB
| Q4 25 | $125.2M | $136.5M | ||
| Q3 25 | $106.7M | $135.4M | ||
| Q2 25 | $91.7M | $135.1M | ||
| Q1 25 | $86.7M | $126.2M | ||
| Q4 24 | $92.7M | $121.8M | ||
| Q3 24 | $91.5M | $125.6M | ||
| Q2 24 | $89.0M | $125.6M | ||
| Q1 24 | $79.1M | $127.9M |
净利润IMAXPRLB
| Q4 25 | $637.0K | — | ||
| Q3 25 | $20.7M | $7.2M | ||
| Q2 25 | $11.3M | $4.4M | ||
| Q1 25 | $2.3M | $3.6M | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $13.9M | $7.2M | ||
| Q2 24 | $3.6M | $4.5M | ||
| Q1 24 | $3.3M | $5.3M |
毛利率IMAXPRLB
| Q4 25 | 57.6% | 44.2% | ||
| Q3 25 | 63.1% | 45.3% | ||
| Q2 25 | 58.5% | 44.3% | ||
| Q1 25 | 61.4% | 44.1% | ||
| Q4 24 | 52.2% | 42.7% | ||
| Q3 24 | 55.8% | 45.6% | ||
| Q2 24 | 49.4% | 45.0% | ||
| Q1 24 | 59.3% | 44.9% |
营业利润率IMAXPRLB
| Q4 25 | 19.3% | 5.0% | ||
| Q3 25 | 27.2% | 6.5% | ||
| Q2 25 | 15.6% | 3.7% | ||
| Q1 25 | 19.3% | 3.6% | ||
| Q4 24 | 10.3% | -1.2% | ||
| Q3 24 | 21.2% | 6.8% | ||
| Q2 24 | 3.2% | 4.8% | ||
| Q1 24 | 15.3% | 5.3% |
净利率IMAXPRLB
| Q4 25 | 0.5% | — | ||
| Q3 25 | 19.4% | 5.3% | ||
| Q2 25 | 12.3% | 3.3% | ||
| Q1 25 | 2.7% | 2.9% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 15.2% | 5.7% | ||
| Q2 24 | 4.0% | 3.6% | ||
| Q1 24 | 4.1% | 4.1% |
每股收益（稀释后）IMAXPRLB
| Q4 25 | $0.02 | $0.25 | ||
| Q3 25 | $0.37 | $0.30 | ||
| Q2 25 | $0.20 | $0.18 | ||
| Q1 25 | $0.04 | $0.15 | ||
| Q4 24 | $0.09 | $-0.01 | ||
| Q3 24 | $0.26 | $0.29 | ||
| Q2 24 | $0.07 | $0.18 | ||
| Q1 24 | $0.06 | $0.20 |
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 | $128.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $337.9M | $673.9M |
| 总资产 | $894.0M | $763.4M |
| 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IMAXPRLB
| Q4 25 | $151.2M | $128.1M | ||
| Q3 25 | $143.1M | $119.2M | ||
| Q2 25 | $109.3M | $103.2M | ||
| Q1 25 | $97.1M | $96.8M | ||
| Q4 24 | $100.6M | $103.1M | ||
| Q3 24 | $104.5M | $100.5M | ||
| Q2 24 | $91.6M | $112.9M | ||
| Q1 24 | $81.0M | $109.7M |
股东权益IMAXPRLB
| Q4 25 | $337.9M | $673.9M | ||
| Q3 25 | $349.5M | $664.7M | ||
| Q2 25 | $320.4M | $664.7M | ||
| Q1 25 | $299.5M | $656.8M | ||
| Q4 24 | $299.5M | $670.2M | ||
| Q3 24 | $289.4M | $680.0M | ||
| Q2 24 | $267.2M | $685.2M | ||
| Q1 24 | $258.8M | $687.3M |
总资产IMAXPRLB
| Q4 25 | $894.0M | $763.4M | ||
| Q3 25 | $889.6M | $756.9M | ||
| Q2 25 | $868.6M | $743.3M | ||
| Q1 25 | $848.3M | $737.5M | ||
| Q4 24 | $830.4M | $743.5M | ||
| Q3 24 | $847.6M | $753.8M | ||
| Q2 24 | $827.4M | $758.2M | ||
| Q1 24 | $824.1M | $769.8M |
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 | $16.5M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $8.4M |
| 自由现金流率自由现金流/营收 | 22.3% | 6.2% |
| 资本支出强度资本支出/营收 | 1.1% | 5.9% |
| 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 | $59.7M |
8季度趋势，按日历期对齐
经营现金流IMAXPRLB
| Q4 25 | $29.4M | $16.5M | ||
| Q3 25 | $67.5M | $29.1M | ||
| Q2 25 | $23.2M | $10.6M | ||
| Q1 25 | $7.0M | $18.4M | ||
| Q4 24 | $11.5M | $17.3M | ||
| Q3 24 | $35.3M | $24.8M | ||
| Q2 24 | $35.0M | $14.4M | ||
| Q1 24 | $-11.0M | $21.3M |
自由现金流IMAXPRLB
| Q4 25 | $28.0M | $8.4M | ||
| Q3 25 | $64.8M | $25.0M | ||
| Q2 25 | $20.9M | $9.1M | ||
| Q1 25 | $5.3M | $17.1M | ||
| Q4 24 | $6.9M | $16.5M | ||
| Q3 24 | $34.2M | $23.2M | ||
| Q2 24 | $33.5M | $10.2M | ||
| Q1 24 | $-12.1M | $18.8M |
自由现金流率IMAXPRLB
| Q4 25 | 22.3% | 6.2% | ||
| Q3 25 | 60.7% | 18.5% | ||
| Q2 25 | 22.8% | 6.7% | ||
| Q1 25 | 6.1% | 13.6% | ||
| Q4 24 | 7.4% | 13.5% | ||
| Q3 24 | 37.3% | 18.5% | ||
| Q2 24 | 37.6% | 8.2% | ||
| Q1 24 | -15.3% | 14.7% |
资本支出强度IMAXPRLB
| Q4 25 | 1.1% | 5.9% | ||
| Q3 25 | 2.6% | 3.0% | ||
| Q2 25 | 2.6% | 1.1% | ||
| Q1 25 | 1.9% | 1.0% | ||
| Q4 24 | 5.0% | 0.7% | ||
| Q3 24 | 1.2% | 1.2% | ||
| Q2 24 | 1.8% | 3.3% | ||
| Q1 24 | 1.4% | 2.0% |
现金转化率IMAXPRLB
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | 4.03× | ||
| Q2 25 | 2.06× | 2.39× | ||
| Q1 25 | 2.99× | 5.11× | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | 3.44× | ||
| Q2 24 | 9.78× | 3.18× | ||
| Q1 24 | -3.35× | 4.05× |
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% |
PRLB
| CNC Machining Firstcut | $65.5M | 48% |
| Injection Molding Protomold | $47.6M | 35% |
| Three D Printing Fineline | $18.8M | 14% |
| Sheet Metal | $4.4M | 3% |
