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Innventure, Inc.（INV）与Inspirato Inc（ISPO）财务数据对比。点击上方公司名可切换其他公司
Inspirato Inc的季度营收约是Innventure, Inc.的67.6倍（$55.5M vs $822.0K）。Inspirato Inc净利率更高（-8.1% vs -4593.8%，领先4585.7%）。Inspirato Inc自由现金流更多（$-3.0M vs $-24.4M）
Innventure, Inc.是一家商业开发与技术商业化企业，与全球大型企业合作，将后者未充分利用的知识产权和研发成果转化为可规模化的高增长独立业务，覆盖可持续发展、先进材料、生命科学等领域，主要服务北美及欧洲市场。
Inspirato Inc是一家高端旅行及酒店订阅服务供应商，主要面向北美高净值人群，提供精选豪华别墅租赁、专属度假村权益、定制化行程规划服务，同时也为企业客户提供高端员工差旅激励解决方案。
INV vs ISPO — 直观对比
营收规模更大
ISPO
是对方的67.6倍
$822.0K
净利率更高
ISPO
高出4585.7%
-4593.8%
自由现金流更多
ISPO
多$21.4M
$-24.4M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $822.0K | $55.5M |
| 净利润 | $-37.8M | $-4.5M |
| 毛利率 | -1315.8% | 31.4% |
| 营业利润率 | -3859.1% | -8.0% |
| 净利率 | -4593.8% | -8.1% |
| 营收同比 | — | -19.6% |
| 净利润同比 | — | -204.4% |
| 每股收益（稀释后） | $-0.18 | $-0.36 |
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INVISPO
| Q4 25 | $822.0K | — | ||
| Q3 25 | $534.0K | $55.5M | ||
| Q2 25 | $476.0K | $63.1M | ||
| Q1 25 | $224.0K | $65.9M | ||
| Q4 24 | — | $63.1M | ||
| Q3 24 | $317.0K | $69.1M | ||
| Q2 24 | — | $67.4M | ||
| Q1 24 | — | $80.2M |
净利润INVISPO
| Q4 25 | $-37.8M | — | ||
| Q3 25 | $-28.3M | $-4.5M | ||
| Q2 25 | $-84.2M | $-5.3M | ||
| Q1 25 | $-143.0M | $1.6M | ||
| Q4 24 | — | $-2.3M | ||
| Q3 24 | $-2.2M | $4.3M | ||
| Q2 24 | — | $-8.7M | ||
| Q1 24 | — | $1.3M |
毛利率INVISPO
| Q4 25 | -1315.8% | — | ||
| Q3 25 | -676.6% | 31.4% | ||
| Q2 25 | -501.1% | 27.5% | ||
| Q1 25 | 17.9% | 38.8% | ||
| Q4 24 | — | 34.7% | ||
| Q3 24 | -145.1% | 71.5% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 39.5% |
营业利润率INVISPO
| Q4 25 | -3859.1% | — | ||
| Q3 25 | -5469.1% | -8.0% | ||
| Q2 25 | -29952.5% | -8.3% | ||
| Q1 25 | -116606.3% | 2.5% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | -4313.6% | 9.8% | ||
| Q2 24 | — | -22.8% | ||
| Q1 24 | — | 3.0% |
净利率INVISPO
| Q4 25 | -4593.8% | — | ||
| Q3 25 | -5305.6% | -8.1% | ||
| Q2 25 | -17694.7% | -8.4% | ||
| Q1 25 | -63837.9% | 2.5% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | -697.5% | 6.3% | ||
| Q2 24 | — | -12.9% | ||
| Q1 24 | — | 1.6% |
每股收益（稀释后）INVISPO
| Q4 25 | $-0.18 | — | ||
| Q3 25 | $-0.51 | $-0.36 | ||
| Q2 25 | $-1.60 | $-0.42 | ||
| Q1 25 | $-3.10 | $0.12 | ||
| Q4 24 | — | $0.98 | ||
| Q3 24 | $-0.94 | $0.62 | ||
| Q2 24 | — | $-2.33 | ||
| Q1 24 | — | $-0.18 |
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 | $60.4M | $13.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $204.2M | $-134.0M |
| 总资产 | $599.2M | $228.3M |
| 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INVISPO
| Q4 25 | $60.4M | — | ||
| Q3 25 | $9.1M | $13.7M | ||
| Q2 25 | $7.0M | $16.7M | ||
| Q1 25 | — | $16.4M | ||
| Q4 24 | — | $21.8M | ||
| Q3 24 | — | $13.5M | ||
| Q2 24 | — | $18.8M | ||
| Q1 24 | — | $22.6M |
总债务INVISPO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $14.9M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益INVISPO
| Q4 25 | $204.2M | — | ||
| Q3 25 | $190.8M | $-134.0M | ||
| Q2 25 | $218.6M | $-129.7M | ||
| Q1 25 | $261.5M | $-125.2M | ||
| Q4 24 | — | $-129.9M | ||
| Q3 24 | $-22.3M | $-134.6M | ||
| Q2 24 | — | $-35.2M | ||
| Q1 24 | — | $-27.5M |
总资产INVISPO
| Q4 25 | $599.2M | — | ||
| Q3 25 | $556.5M | $228.3M | ||
| Q2 25 | $556.0M | $252.6M | ||
| Q1 25 | $660.4M | $270.1M | ||
| Q4 24 | — | $273.9M | ||
| Q3 24 | $55.7M | $273.3M | ||
| Q2 24 | — | $301.7M | ||
| Q1 24 | — | $313.0M |
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 | $-24.4M | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | $-24.4M | $-3.0M |
| 自由现金流率自由现金流/营收 | -2968.5% | -5.4% |
| 资本支出强度资本支出/营收 | 5.6% | 1.4% |
| 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 | $-82.1M | $-4.2M |
8季度趋势，按日历期对齐
经营现金流INVISPO
| Q4 25 | $-24.4M | — | ||
| Q3 25 | $-19.6M | $-2.2M | ||
| Q2 25 | $-22.1M | $1.1M | ||
| Q1 25 | $-14.7M | $-6.6M | ||
| Q4 24 | — | $6.9M | ||
| Q3 24 | — | $-13.7M | ||
| Q2 24 | — | $-1.8M | ||
| Q1 24 | — | $-7.2M |
自由现金流INVISPO
| Q4 25 | $-24.4M | — | ||
| Q3 25 | $-20.0M | $-3.0M | ||
| Q2 25 | $-22.1M | $468.0K | ||
| Q1 25 | $-15.6M | $-7.5M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | — | $-14.8M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-8.5M |
自由现金流率INVISPO
| Q4 25 | -2968.5% | — | ||
| Q3 25 | -3747.8% | -5.4% | ||
| Q2 25 | -4637.2% | 0.7% | ||
| Q1 25 | -6970.1% | -11.4% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | -21.5% | ||
| Q2 24 | — | -5.5% | ||
| Q1 24 | — | -10.6% |
资本支出强度INVISPO
| Q4 25 | 5.6% | — | ||
| Q3 25 | 82.2% | 1.4% | ||
| Q2 25 | 3.2% | 1.0% | ||
| Q1 25 | 409.4% | 1.3% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 1.6% |
现金转化率INVISPO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -4.09× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -3.16× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -5.70× |
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
INV
暂无分部数据
ISPO
| Residence And Hotel Travel | $25.9M | 47% |
| Subscription | $19.4M | 35% |
| Experiences And Bespoke Travel | $8.0M | 14% |
| Rewards And Other Revenue | $2.3M | 4% |
