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Inspire Medical Systems, Inc.（INSP）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
Inspire Medical Systems, Inc.的季度营收约是LiveRamp Holdings, Inc.的1.3倍（$269.1M vs $212.2M），Inspire Medical Systems, Inc.净利率更高（50.6% vs 18.8%，领先31.8%），Inspire Medical Systems, Inc.同比增速更快（12.2% vs 8.6%），过去两年Inspire Medical Systems, Inc.的营收复合增速更高（28.1% vs 11.1%）
Inspire Medical Systems是一家专注于阻塞性睡眠呼吸暂停治疗的医疗科技企业，研发、生产并销售植入式神经刺激设备，面向无法耐受持续气道正压通气治疗的患者，核心市场覆盖北美、欧洲及部分亚太地区，服务睡眠医学、耳鼻喉科等临床领域。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
INSP vs RAMP — 直观对比
营收规模更大
INSP
是对方的1.3倍
$212.2M
营收增速更快
INSP
高出3.7%
8.6%
净利率更高
INSP
高出31.8%
18.8%
两年增速更快
INSP
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $269.1M | $212.2M |
| 净利润 | $136.1M | $39.9M |
| 毛利率 | 86.6% | 71.9% |
| 营业利润率 | 17.1% | 18.6% |
| 净利率 | 50.6% | 18.8% |
| 营收同比 | 12.2% | 8.6% |
| 净利润同比 | 286.4% | 255.7% |
| 每股收益（稀释后） | $4.57 | $0.62 |
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INSPRAMP
| Q4 25 | $269.1M | $212.2M | ||
| Q3 25 | $224.5M | $199.8M | ||
| Q2 25 | $217.1M | $194.8M | ||
| Q1 25 | $201.3M | $188.7M | ||
| Q4 24 | $239.7M | $195.4M | ||
| Q3 24 | $203.2M | $185.5M | ||
| Q2 24 | $195.9M | $176.0M | ||
| Q1 24 | $164.0M | $171.9M |
净利润INSPRAMP
| Q4 25 | $136.1M | $39.9M | ||
| Q3 25 | $9.9M | $27.4M | ||
| Q2 25 | $-3.6M | $7.7M | ||
| Q1 25 | $3.0M | $-6.3M | ||
| Q4 24 | $35.2M | $11.2M | ||
| Q3 24 | $18.5M | $1.7M | ||
| Q2 24 | $9.8M | $-7.5M | ||
| Q1 24 | $-10.0M | $-5.4M |
毛利率INSPRAMP
| Q4 25 | 86.6% | 71.9% | ||
| Q3 25 | 85.8% | 70.2% | ||
| Q2 25 | 84.0% | 70.1% | ||
| Q1 25 | 84.7% | 69.3% | ||
| Q4 24 | 85.0% | 71.9% | ||
| Q3 24 | 84.1% | 72.4% | ||
| Q2 24 | 84.8% | 70.6% | ||
| Q1 24 | 84.9% | 72.2% |
营业利润率INSPRAMP
| Q4 25 | 17.1% | 18.6% | ||
| Q3 25 | 4.3% | 10.7% | ||
| Q2 25 | -1.5% | 3.7% | ||
| Q1 25 | -0.7% | -6.1% | ||
| Q4 24 | 13.3% | 7.5% | ||
| Q3 24 | 7.0% | 4.0% | ||
| Q2 24 | 2.6% | -3.0% | ||
| Q1 24 | -9.3% | -8.3% |
净利率INSPRAMP
| Q4 25 | 50.6% | 18.8% | ||
| Q3 25 | 4.4% | 13.7% | ||
| Q2 25 | -1.7% | 4.0% | ||
| Q1 25 | 1.5% | -3.3% | ||
| Q4 24 | 14.7% | 5.7% | ||
| Q3 24 | 9.1% | 0.9% | ||
| Q2 24 | 5.0% | -4.3% | ||
| Q1 24 | -6.1% | -3.1% |
每股收益（稀释后）INSPRAMP
| Q4 25 | $4.57 | $0.62 | ||
| Q3 25 | $0.34 | $0.42 | ||
| Q2 25 | $-0.12 | $0.12 | ||
| Q1 25 | $0.10 | $-0.10 | ||
| Q4 24 | $1.17 | $0.17 | ||
| Q3 24 | $0.60 | $0.03 | ||
| Q2 24 | $0.32 | $-0.11 | ||
| Q1 24 | $-0.34 | $-0.09 |
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 | $308.3M | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $781.2M | $962.3M |
| 总资产 | $907.3M | $1.3B |
| 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INSPRAMP
| Q4 25 | $308.3M | $403.4M | ||
| Q3 25 | $322.6M | $376.9M | ||
| Q2 25 | $300.9M | $371.1M | ||
| Q1 25 | $369.2M | $420.8M | ||
| Q4 24 | $445.5M | $384.3M | ||
| Q3 24 | $411.0M | $348.4M | ||
| Q2 24 | $439.7M | $342.7M | ||
| Q1 24 | $441.4M | $368.9M |
股东权益INSPRAMP
| Q4 25 | $781.2M | $962.3M | ||
| Q3 25 | $666.5M | $943.8M | ||
| Q2 25 | $677.8M | $947.8M | ||
| Q1 25 | $635.7M | $948.9M | ||
| Q4 24 | $689.7M | $957.7M | ||
| Q3 24 | $696.6M | $932.1M | ||
| Q2 24 | $638.1M | $951.9M | ||
| Q1 24 | $589.0M | $949.1M |
总资产INSPRAMP
| Q4 25 | $907.3M | $1.3B | ||
| Q3 25 | $807.7M | $1.2B | ||
| Q2 25 | $802.2M | $1.2B | ||
| Q1 25 | $730.8M | $1.3B | ||
| Q4 24 | $808.4M | $1.3B | ||
| Q3 24 | $796.2M | $1.2B | ||
| Q2 24 | $728.4M | $1.2B | ||
| Q1 24 | $685.8M | $1.2B |
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 | $52.5M | — |
| 自由现金流经营现金流 - 资本支出 | $41.8M | — |
| 自由现金流率自由现金流/营收 | 15.5% | — |
| 资本支出强度资本支出/营收 | 4.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.39× | — |
| 过去12个月自由现金流最近4个季度 | $78.5M | — |
8季度趋势，按日历期对齐
经营现金流INSPRAMP
| Q4 25 | $52.5M | — | ||
| Q3 25 | $68.5M | $57.4M | ||
| Q2 25 | $2.7M | $-15.8M | ||
| Q1 25 | $-6.7M | — | ||
| Q4 24 | $69.2M | $45.1M | ||
| Q3 24 | $52.3M | $55.6M | ||
| Q2 24 | $-78.0K | $-9.3M | ||
| Q1 24 | $8.9M | — |
自由现金流INSPRAMP
| Q4 25 | $41.8M | — | ||
| Q3 25 | $58.1M | $56.8M | ||
| Q2 25 | $-6.3M | $-16.2M | ||
| Q1 25 | $-15.1M | — | ||
| Q4 24 | $62.2M | $44.8M | ||
| Q3 24 | $44.3M | $55.4M | ||
| Q2 24 | $-12.5M | $-9.6M | ||
| Q1 24 | $-2.8M | — |
自由现金流率INSPRAMP
| Q4 25 | 15.5% | — | ||
| Q3 25 | 25.9% | 28.4% | ||
| Q2 25 | -2.9% | -8.3% | ||
| Q1 25 | -7.5% | — | ||
| Q4 24 | 25.9% | 22.9% | ||
| Q3 24 | 21.8% | 29.8% | ||
| Q2 24 | -6.4% | -5.4% | ||
| Q1 24 | -1.7% | — |
资本支出强度INSPRAMP
| Q4 25 | 4.0% | 0.1% | ||
| Q3 25 | 4.6% | 0.3% | ||
| Q2 25 | 4.1% | 0.2% | ||
| Q1 25 | 4.2% | 0.2% | ||
| Q4 24 | 2.9% | 0.1% | ||
| Q3 24 | 3.9% | 0.1% | ||
| Q2 24 | 6.3% | 0.1% | ||
| Q1 24 | 7.1% | 1.0% |
现金转化率INSPRAMP
| Q4 25 | 0.39× | — | ||
| Q3 25 | 6.90× | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | -2.24× | — | ||
| Q4 24 | 1.96× | 4.02× | ||
| Q3 24 | 2.83× | 32.10× | ||
| Q2 24 | -0.01× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
