vs
Inogen Inc（INGN）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是Inogen Inc的1.1倍（$78.6M vs $68.6M），Inogen Inc同比增速更快（3.4% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $-1.9M），过去两年Inogen Inc的营收复合增速更高（4.2% vs -1.3%）
Inogen Inc是一家专注于呼吸医疗设备领域的医疗科技企业，主要研发、生产和销售便携式制氧机及配套呼吸护理产品，面向北美、欧洲等地区需要长期氧疗的慢性呼吸系统疾病患者，服务居家及出行场景，提升用户生活质量。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
INGN vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.1倍
$68.6M
营收增速更快
INGN
高出3.0%
0.4%
自由现金流更多
RPAY
多$25.2M
$-1.9M
两年增速更快
INGN
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $68.6M | $78.6M |
| 净利润 | — | $-140.1M |
| 毛利率 | 51.4% | 74.2% |
| 营业利润率 | -13.6% | -182.2% |
| 净利率 | — | -178.3% |
| 营收同比 | 3.4% | 0.4% |
| 净利润同比 | — | -3304.1% |
| 每股收益（稀释后） | $-0.26 | $-1.68 |
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INGNRPAY
| Q4 25 | $68.6M | $78.6M | ||
| Q3 25 | $79.1M | $77.7M | ||
| Q2 25 | $79.2M | $75.6M | ||
| Q1 25 | $68.5M | $77.3M | ||
| Q4 24 | $66.3M | $78.3M | ||
| Q3 24 | $74.9M | $79.1M | ||
| Q2 24 | $74.4M | $74.9M | ||
| Q1 24 | $63.1M | $80.7M |
净利润INGNRPAY
| Q4 25 | — | $-140.1M | ||
| Q3 25 | $-5.3M | $-6.4M | ||
| Q2 25 | $-4.2M | $-102.3M | ||
| Q1 25 | $-6.2M | $-7.9M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | $-6.0M | $3.2M | ||
| Q2 24 | $-5.6M | $-4.1M | ||
| Q1 24 | $-14.6M | $-5.2M |
毛利率INGNRPAY
| Q4 25 | 51.4% | 74.2% | ||
| Q3 25 | 52.2% | 74.4% | ||
| Q2 25 | 52.2% | 75.7% | ||
| Q1 25 | 53.1% | 75.9% | ||
| Q4 24 | 54.7% | 76.3% | ||
| Q3 24 | 55.2% | 77.8% | ||
| Q2 24 | 57.4% | 78.2% | ||
| Q1 24 | 54.5% | 76.2% |
营业利润率INGNRPAY
| Q4 25 | -13.6% | -182.2% | ||
| Q3 25 | -9.0% | -3.9% | ||
| Q2 25 | -7.7% | -138.7% | ||
| Q1 25 | -11.2% | -4.7% | ||
| Q4 24 | -17.2% | -1.5% | ||
| Q3 24 | -10.4% | -0.9% | ||
| Q2 24 | -9.5% | -4.6% | ||
| Q1 24 | -25.8% | -3.1% |
净利率INGNRPAY
| Q4 25 | — | -178.3% | ||
| Q3 25 | -6.7% | -8.3% | ||
| Q2 25 | -5.2% | -135.2% | ||
| Q1 25 | -9.0% | -10.3% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | -8.0% | 4.1% | ||
| Q2 24 | -7.5% | -5.4% | ||
| Q1 24 | -23.1% | -6.5% |
每股收益（稀释后）INGNRPAY
| Q4 25 | $-0.26 | $-1.68 | ||
| Q3 25 | $-0.20 | $-0.08 | ||
| Q2 25 | $-0.15 | $-1.15 | ||
| Q1 25 | $-0.25 | $-0.09 | ||
| Q4 24 | $-0.41 | $-0.04 | ||
| Q3 24 | $-0.25 | $0.03 | ||
| Q2 24 | $-0.24 | $-0.04 | ||
| Q1 24 | $-0.62 | $-0.06 |
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 | $103.7M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $192.2M | $484.4M |
| 总资产 | $298.6M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资INGNRPAY
| Q4 25 | $103.7M | $115.7M | ||
| Q3 25 | $106.5M | $95.7M | ||
| Q2 25 | $103.7M | $162.6M | ||
| Q1 25 | $118.9M | $165.5M | ||
| Q4 24 | $113.8M | $189.5M | ||
| Q3 24 | $105.7M | $168.7M | ||
| Q2 24 | $97.9M | $147.1M | ||
| Q1 24 | $107.4M | $128.3M |
总债务INGNRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益INGNRPAY
| Q4 25 | $192.2M | $484.4M | ||
| Q3 25 | $197.2M | $616.9M | ||
| Q2 25 | $199.5M | $633.7M | ||
| Q1 25 | $198.0M | $755.7M | ||
| Q4 24 | $173.9M | $761.3M | ||
| Q3 24 | $185.4M | $754.7M | ||
| Q2 24 | $187.6M | $815.4M | ||
| Q1 24 | $191.9M | $813.8M |
总资产INGNRPAY
| Q4 25 | $298.6M | $1.2B | ||
| Q3 25 | $307.0M | $1.3B | ||
| Q2 25 | $312.0M | $1.4B | ||
| Q1 25 | $308.4M | $1.5B | ||
| Q4 24 | $296.2M | $1.6B | ||
| Q3 24 | $306.2M | $1.6B | ||
| Q2 24 | $308.9M | $1.5B | ||
| Q1 24 | $315.6M | $1.5B |
负债/权益比INGNRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $-943.0K | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.9M | $23.2M |
| 自由现金流率自由现金流/营收 | -2.8% | 29.6% |
| 资本支出强度资本支出/营收 | 1.4% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-13.7M | $90.7M |
8季度趋势，按日历期对齐
经营现金流INGNRPAY
| Q4 25 | $-943.0K | $23.3M | ||
| Q3 25 | $2.2M | $32.2M | ||
| Q2 25 | $4.3M | $33.1M | ||
| Q1 25 | $-16.8M | $2.5M | ||
| Q4 24 | $-3.0M | $34.3M | ||
| Q3 24 | $7.0M | $60.1M | ||
| Q2 24 | $6.7M | $31.0M | ||
| Q1 24 | $-4.7M | $24.8M |
自由现金流INGNRPAY
| Q4 25 | $-1.9M | $23.2M | ||
| Q3 25 | $1.6M | $32.1M | ||
| Q2 25 | $3.7M | $33.0M | ||
| Q1 25 | $-17.1M | $2.4M | ||
| Q4 24 | $-3.3M | $34.0M | ||
| Q3 24 | $5.3M | $59.8M | ||
| Q2 24 | $6.6M | $30.5M | ||
| Q1 24 | $-6.1M | $24.7M |
自由现金流率INGNRPAY
| Q4 25 | -2.8% | 29.6% | ||
| Q3 25 | 2.0% | 41.3% | ||
| Q2 25 | 4.6% | 43.6% | ||
| Q1 25 | -24.9% | 3.0% | ||
| Q4 24 | -5.0% | 43.5% | ||
| Q3 24 | 7.1% | 75.6% | ||
| Q2 24 | 8.9% | 40.7% | ||
| Q1 24 | -9.6% | 30.6% |
资本支出强度INGNRPAY
| Q4 25 | 1.4% | 0.1% | ||
| Q3 25 | 0.7% | 0.2% | ||
| Q2 25 | 0.9% | 0.1% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 2.2% | 0.3% | ||
| Q2 24 | 0.1% | 0.6% | ||
| Q1 24 | 2.1% | 0.1% |
现金转化率INGNRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
