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IMAX（IMAX）与WisdomTree, Inc.（WT）财务数据对比。点击上方公司名可切换其他公司
WisdomTree, Inc.的季度营收约是IMAX的1.3倍（$159.5M vs $125.2M），WisdomTree, Inc.净利率更高（25.5% vs 0.5%，领先24.9%），WisdomTree, Inc.同比增速更快（47.5% vs 35.1%），过去两年IMAX的营收复合增速更高（25.8% vs 22.1%）
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。
WisdomTree, Inc.是总部位于纽约的全球ETF（交易型开放式指数基金）及交易所交易产品发行方与资产管理机构，2006年6月推出首批ETF产品，目前是美国主流ETF供应商之一。其发行的ETF覆盖全球不同资产类别与地区市场，产品线涵盖美国及国际股票、货币、固定收益及另类投资等品类。
IMAX vs WT — 直观对比
营收规模更大
WT
是对方的1.3倍
$125.2M
营收增速更快
WT
高出12.4%
35.1%
净利率更高
WT
高出24.9%
0.5%
两年增速更快
IMAX
近两年复合增速
22.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $159.5M |
| 净利润 | $637.0K | $40.6M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | 37.2% |
| 净利率 | 0.5% | 25.5% |
| 营收同比 | 35.1% | 47.5% |
| 净利润同比 | -88.0% | 76.4% |
| 每股收益（稀释后） | $0.02 | $0.28 |
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IMAXWT
| Q1 26 | — | $159.5M | ||
| Q4 25 | $125.2M | $147.4M | ||
| Q3 25 | $106.7M | $125.6M | ||
| Q2 25 | $91.7M | $112.6M | ||
| Q1 25 | $86.7M | $108.1M | ||
| Q4 24 | $92.7M | $110.7M | ||
| Q3 24 | $91.5M | $113.2M | ||
| Q2 24 | $89.0M | $107.0M |
净利润IMAXWT
| Q1 26 | — | $40.6M | ||
| Q4 25 | $637.0K | $40.0M | ||
| Q3 25 | $20.7M | $19.7M | ||
| Q2 25 | $11.3M | $24.8M | ||
| Q1 25 | $2.3M | $24.6M | ||
| Q4 24 | $5.3M | $27.3M | ||
| Q3 24 | $13.9M | $-4.5M | ||
| Q2 24 | $3.6M | $21.8M |
毛利率IMAXWT
| 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IMAXWT
| Q1 26 | — | 37.2% | ||
| Q4 25 | 19.3% | 40.5% | ||
| Q3 25 | 27.2% | 36.3% | ||
| Q2 25 | 15.6% | 30.8% | ||
| Q1 25 | 19.3% | 31.6% | ||
| Q4 24 | 10.3% | 31.7% | ||
| Q3 24 | 21.2% | 36.0% | ||
| Q2 24 | 3.2% | 31.3% |
净利率IMAXWT
| Q1 26 | — | 25.5% | ||
| Q4 25 | 0.5% | 27.1% | ||
| Q3 25 | 19.4% | 15.7% | ||
| Q2 25 | 12.3% | 22.0% | ||
| Q1 25 | 2.7% | 22.8% | ||
| Q4 24 | 5.7% | 24.7% | ||
| Q3 24 | 15.2% | -4.0% | ||
| Q2 24 | 4.0% | 20.3% |
每股收益（稀释后）IMAXWT
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.02 | $0.28 | ||
| Q3 25 | $0.37 | $0.13 | ||
| Q2 25 | $0.20 | $0.17 | ||
| Q1 25 | $0.04 | $0.17 | ||
| Q4 24 | $0.09 | $0.20 | ||
| Q3 24 | $0.26 | $-0.13 | ||
| Q2 24 | $0.07 | $0.13 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $337.9M | — |
| 总资产 | $894.0M | $1.8B |
| 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IMAXWT
| Q1 26 | — | — | ||
| Q4 25 | $151.2M | — | ||
| Q3 25 | $143.1M | — | ||
| Q2 25 | $109.3M | — | ||
| Q1 25 | $97.1M | — | ||
| Q4 24 | $100.6M | — | ||
| Q3 24 | $104.5M | — | ||
| Q2 24 | $91.6M | $132.5M |
股东权益IMAXWT
| Q1 26 | — | — | ||
| Q4 25 | $337.9M | $413.7M | ||
| Q3 25 | $349.5M | $373.4M | ||
| Q2 25 | $320.4M | $445.1M | ||
| Q1 25 | $299.5M | $415.6M | ||
| Q4 24 | $299.5M | $400.0M | ||
| Q3 24 | $289.4M | $374.9M | ||
| Q2 24 | $267.2M | $445.6M |
总资产IMAXWT
| Q1 26 | — | $1.8B | ||
| Q4 25 | $894.0M | $1.5B | ||
| Q3 25 | $889.6M | $1.4B | ||
| Q2 25 | $868.6M | $1.1B | ||
| Q1 25 | $848.3M | $1.0B | ||
| Q4 24 | $830.4M | $1.0B | ||
| Q3 24 | $847.6M | $1.0B | ||
| Q2 24 | $827.4M | $964.1M |
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 | $18.0M |
| 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× | 0.44× |
| 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IMAXWT
| Q1 26 | — | $18.0M | ||
| Q4 25 | $29.4M | $147.9M | ||
| Q3 25 | $67.5M | $48.1M | ||
| Q2 25 | $23.2M | $38.8M | ||
| Q1 25 | $7.0M | $6.4M | ||
| Q4 24 | $11.5M | $113.5M | ||
| Q3 24 | $35.3M | $47.7M | ||
| Q2 24 | $35.0M | $32.2M |
自由现金流IMAXWT
| Q1 26 | — | — | ||
| Q4 25 | $28.0M | $147.7M | ||
| Q3 25 | $64.8M | $48.0M | ||
| Q2 25 | $20.9M | $38.7M | ||
| Q1 25 | $5.3M | $6.3M | ||
| Q4 24 | $6.9M | $113.3M | ||
| Q3 24 | $34.2M | $47.7M | ||
| Q2 24 | $33.5M | $32.2M |
自由现金流率IMAXWT
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | 100.2% | ||
| Q3 25 | 60.7% | 38.2% | ||
| Q2 25 | 22.8% | 34.4% | ||
| Q1 25 | 6.1% | 5.9% | ||
| Q4 24 | 7.4% | 102.4% | ||
| Q3 24 | 37.3% | 42.1% | ||
| Q2 24 | 37.6% | 30.1% |
资本支出强度IMAXWT
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 0.1% | ||
| Q3 25 | 2.6% | 0.0% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 1.9% | 0.0% | ||
| Q4 24 | 5.0% | 0.1% | ||
| Q3 24 | 1.2% | 0.0% | ||
| Q2 24 | 1.8% | 0.0% |
现金转化率IMAXWT
| Q1 26 | — | 0.44× | ||
| Q4 25 | 46.11× | 3.70× | ||
| Q3 25 | 3.27× | 2.44× | ||
| Q2 25 | 2.06× | 1.57× | ||
| Q1 25 | 2.99× | 0.26× | ||
| Q4 24 | 2.16× | 4.15× | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | 1.48× |
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% |
WT
| Advisory fees | $134.9M | 85% |
| Other | $6.1M | 4% |
| Third-party distribution fees | $5.8M | 4% |
| Management fees | $5.2M | 3% |
| Sales and business development | $4.2M | 3% |
| Professional fees | $3.3M | 2% |
