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Inspire Medical Systems, Inc.（INSP）与BRC Group Holdings, Inc.（RILY）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BRC Group Holdings, Inc.的1.4倍（$269.1M vs $188.3M），Inspire Medical Systems, Inc.净利率更高（50.6% vs 47.9%，领先2.6%），Inspire Medical Systems, Inc.同比增速更快（12.2% vs -21.9%），过去两年Inspire Medical Systems, Inc.的营收复合增速更高（28.1% vs -15.4%）
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。
INSP vs RILY — 直观对比
营收规模更大
INSP
是对方的1.4倍
$188.3M
营收增速更快
INSP
高出34.1%
-21.9%
净利率更高
INSP
高出2.6%
47.9%
两年增速更快
INSP
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $269.1M | $188.3M |
| 净利润 | $136.1M | $90.3M |
| 毛利率 | 86.6% | 79.5% |
| 营业利润率 | 17.1% | 32.3% |
| 净利率 | 50.6% | 47.9% |
| 营收同比 | 12.2% | -21.9% |
| 净利润同比 | 286.4% | 1710.8% |
| 每股收益（稀释后） | $4.57 | $2.78 |
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INSPRILY
| Q4 25 | $269.1M | $188.3M | ||
| Q3 25 | $224.5M | $215.3M | ||
| Q2 25 | $217.1M | $188.2M | ||
| Q1 25 | $201.3M | $197.2M | ||
| Q4 24 | $239.7M | $241.0M | ||
| Q3 24 | $203.2M | $225.5M | ||
| Q2 24 | $195.9M | $256.0M | ||
| Q1 24 | $164.0M | $263.4M |
净利润INSPRILY
| Q4 25 | $136.1M | $90.3M | ||
| Q3 25 | $9.9M | $91.1M | ||
| Q2 25 | $-3.6M | $139.5M | ||
| Q1 25 | $3.0M | $-10.0M | ||
| Q4 24 | $35.2M | $-5.6M | ||
| Q3 24 | $18.5M | $-284.4M | ||
| Q2 24 | $9.8M | $-433.6M | ||
| Q1 24 | $-10.0M | $-49.2M |
毛利率INSPRILY
| Q4 25 | 86.6% | 79.5% | ||
| Q3 25 | 85.8% | 83.7% | ||
| Q2 25 | 84.0% | 81.3% | ||
| Q1 25 | 84.7% | 81.4% | ||
| Q4 24 | 85.0% | 79.8% | ||
| Q3 24 | 84.1% | 82.1% | ||
| Q2 24 | 84.8% | 84.5% | ||
| Q1 24 | 84.9% | 85.3% |
营业利润率INSPRILY
| Q4 25 | 17.1% | 32.3% | ||
| Q3 25 | 4.3% | 30.4% | ||
| Q2 25 | -1.5% | 5.7% | ||
| Q1 25 | -0.7% | -31.2% | ||
| Q4 24 | 13.3% | -69.2% | ||
| Q3 24 | 7.0% | -36.4% | ||
| Q2 24 | 2.6% | -90.8% | ||
| Q1 24 | -9.3% | -6.1% |
净利率INSPRILY
| Q4 25 | 50.6% | 47.9% | ||
| Q3 25 | 4.4% | 42.3% | ||
| Q2 25 | -1.7% | 74.1% | ||
| Q1 25 | 1.5% | -5.1% | ||
| Q4 24 | 14.7% | -2.3% | ||
| Q3 24 | 9.1% | -126.1% | ||
| Q2 24 | 5.0% | -169.4% | ||
| Q1 24 | -6.1% | -18.7% |
每股收益（稀释后）INSPRILY
| Q4 25 | $4.57 | $2.78 | ||
| Q3 25 | $0.34 | $2.91 | ||
| Q2 25 | $-0.12 | $4.50 | ||
| Q1 25 | $0.10 | $-0.39 | ||
| Q4 24 | $1.17 | $-0.01 | ||
| Q3 24 | $0.60 | $-9.39 | ||
| Q2 24 | $0.32 | $-14.35 | ||
| Q1 24 | $-0.34 | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $781.2M | $-171.5M |
| 总资产 | $907.3M | $1.7B |
| 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INSPRILY
| Q4 25 | $308.3M | $226.6M | ||
| Q3 25 | $322.6M | $184.2M | ||
| Q2 25 | $300.9M | $267.4M | ||
| Q1 25 | $369.2M | $138.3M | ||
| Q4 24 | $445.5M | $146.9M | ||
| Q3 24 | $411.0M | $159.2M | ||
| Q2 24 | $439.7M | $236.9M | ||
| Q1 24 | $441.4M | $190.7M |
总债务INSPRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益INSPRILY
| Q4 25 | $781.2M | $-171.5M | ||
| Q3 25 | $666.5M | $-260.5M | ||
| Q2 25 | $677.8M | $-351.7M | ||
| Q1 25 | $635.7M | $-496.8M | ||
| Q4 24 | $689.7M | $-488.2M | ||
| Q3 24 | $696.6M | $-497.6M | ||
| Q2 24 | $638.1M | $-218.3M | ||
| Q1 24 | $589.0M | $228.4M |
总资产INSPRILY
| Q4 25 | $907.3M | $1.7B | ||
| Q3 25 | $807.7M | $1.7B | ||
| Q2 25 | $802.2M | $1.5B | ||
| Q1 25 | $730.8M | $1.5B | ||
| Q4 24 | $808.4M | $1.8B | ||
| Q3 24 | $796.2M | $2.2B | ||
| Q2 24 | $728.4M | $3.2B | ||
| Q1 24 | $685.8M | $5.0B |
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 | $26.2M |
| 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% | — |
| 现金转化率经营现金流/净利润 | 0.39× | 0.29× |
| 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INSPRILY
| Q4 25 | $52.5M | $26.2M | ||
| Q3 25 | $68.5M | $-60.6M | ||
| Q2 25 | $2.7M | $-25.6M | ||
| Q1 25 | $-6.7M | $184.0K | ||
| Q4 24 | $69.2M | $-2.7M | ||
| Q3 24 | $52.3M | $19.5M | ||
| Q2 24 | $-78.0K | $111.5M | ||
| Q1 24 | $8.9M | $135.4M |
自由现金流INSPRILY
| Q4 25 | $41.8M | — | ||
| Q3 25 | $58.1M | — | ||
| Q2 25 | $-6.3M | — | ||
| Q1 25 | $-15.1M | — | ||
| Q4 24 | $62.2M | — | ||
| Q3 24 | $44.3M | — | ||
| Q2 24 | $-12.5M | — | ||
| Q1 24 | $-2.8M | — |
自由现金流率INSPRILY
| Q4 25 | 15.5% | — | ||
| Q3 25 | 25.9% | — | ||
| Q2 25 | -2.9% | — | ||
| Q1 25 | -7.5% | — | ||
| Q4 24 | 25.9% | — | ||
| Q3 24 | 21.8% | — | ||
| Q2 24 | -6.4% | — | ||
| Q1 24 | -1.7% | — |
资本支出强度INSPRILY
| Q4 25 | 4.0% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 6.3% | — | ||
| Q1 24 | 7.1% | — |
现金转化率INSPRILY
| Q4 25 | 0.39× | 0.29× | ||
| Q3 25 | 6.90× | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | -2.24× | — | ||
| Q4 24 | 1.96× | — | ||
| Q3 24 | 2.83× | — | ||
| 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
业务分部营收拆解
INSP
暂无分部数据
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
