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Samsara Inc.（IOT）与Waystar Holding Corp.（WAY）财务数据对比。点击上方公司名可切换其他公司
Samsara Inc.的季度营收约是Waystar Holding Corp.的1.4倍（$416.0M vs $303.5M）。Waystar Holding Corp.净利率更高（6.6% vs 1.9%，领先4.7%）。Samsara Inc.同比增速更快（29.2% vs 24.3%）。Waystar Holding Corp.自由现金流更多（$57.2M vs $55.8M）。过去两年Samsara Inc.的营收复合增速更高（22.7% vs 16.2%）
Samsara Inc.是总部位于美国加利福尼亚州旧金山的物联网企业，专注为实体运营场景提供车联网软件及数据分析服务，客户覆盖北美、欧洲多地。旗下互联运营云平台服务交通、建筑、能源、公用事业、公共部门、零售等领域，助力提升运营的安全性与效率。
Waystar Holding Corp是一家领先的医疗健康支付与营收周期管理解决方案提供商，服务覆盖美国各地的医疗机构、医疗系统和支付方，旗下工具可简化账单处理、理赔申请、患者缴费流程，帮助医疗机构降低行政负担、优化营收表现。
IOT vs WAY — 直观对比
营收规模更大
IOT
是对方的1.4倍
$303.5M
营收增速更快
IOT
高出4.8%
24.3%
净利率更高
WAY
高出4.7%
1.9%
自由现金流更多
WAY
多$1.4M
$55.8M
两年增速更快
IOT
近两年复合增速
16.2%
损益表 — Q4 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $416.0M | $303.5M |
| 净利润 | $7.8M | $20.0M |
| 毛利率 | 76.7% | — |
| 营业利润率 | -0.4% | 19.4% |
| 净利率 | 1.9% | 6.6% |
| 营收同比 | 29.2% | 24.3% |
| 净利润同比 | 120.5% | 4.8% |
| 每股收益（稀释后） | $0.01 | $0.10 |
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IOTWAY
| Q4 25 | $416.0M | $303.5M | ||
| Q3 25 | $391.5M | $268.7M | ||
| Q2 25 | $366.9M | $270.7M | ||
| Q1 25 | $346.3M | $256.4M | ||
| Q4 24 | $322.0M | $244.1M | ||
| Q3 24 | $300.2M | $240.1M | ||
| Q2 24 | $280.7M | $234.5M | ||
| Q1 24 | $276.3M | $224.8M |
净利润IOTWAY
| Q4 25 | $7.8M | $20.0M | ||
| Q3 25 | $-16.8M | $30.6M | ||
| Q2 25 | $-22.1M | $32.2M | ||
| Q1 25 | $-11.2M | $29.3M | ||
| Q4 24 | $-37.8M | $19.1M | ||
| Q3 24 | $-49.6M | $5.4M | ||
| Q2 24 | $-56.3M | $-27.7M | ||
| Q1 24 | $-113.4M | $-15.9M |
毛利率IOTWAY
| Q4 25 | 76.7% | — | ||
| Q3 25 | 76.9% | — | ||
| Q2 25 | 77.3% | — | ||
| Q1 25 | 76.8% | — | ||
| Q4 24 | 76.4% | — | ||
| Q3 24 | 75.6% | — | ||
| Q2 24 | 75.6% | — | ||
| Q1 24 | 75.0% | — |
营业利润率IOTWAY
| Q4 25 | -0.4% | 19.4% | ||
| Q3 25 | -6.8% | 22.4% | ||
| Q2 25 | -9.1% | 24.0% | ||
| Q1 25 | -5.3% | 25.4% | ||
| Q4 24 | -14.7% | 21.8% | ||
| Q3 24 | -19.4% | 11.3% | ||
| Q2 24 | -23.5% | 3.5% | ||
| Q1 24 | -44.5% | 15.7% |
净利率IOTWAY
| Q4 25 | 1.9% | 6.6% | ||
| Q3 25 | -4.3% | 11.4% | ||
| Q2 25 | -6.0% | 11.9% | ||
| Q1 25 | -3.2% | 11.4% | ||
| Q4 24 | -11.7% | 7.8% | ||
| Q3 24 | -16.5% | 2.3% | ||
| Q2 24 | -20.1% | -11.8% | ||
| Q1 24 | -41.0% | -7.1% |
每股收益（稀释后）IOTWAY
| Q4 25 | $0.01 | $0.10 | ||
| Q3 25 | $-0.03 | $0.17 | ||
| Q2 25 | $-0.04 | $0.18 | ||
| Q1 25 | $-0.02 | $0.16 | ||
| Q4 24 | $-0.07 | $0.18 | ||
| Q3 24 | $-0.09 | $0.03 | ||
| Q2 24 | $-0.10 | $-0.21 | ||
| Q1 24 | $-0.22 | $-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 | $275.1M | $61.4M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $1.3B | $3.9B |
| 总资产 | $2.3B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 0.38× |
8季度趋势，按日历期对齐
现金及短期投资IOTWAY
| Q4 25 | $275.1M | $61.4M | ||
| Q3 25 | $258.5M | $421.1M | ||
| Q2 25 | $259.0M | $290.3M | ||
| Q1 25 | $227.6M | $224.0M | ||
| Q4 24 | $160.3M | $182.1M | ||
| Q3 24 | $159.3M | $127.1M | ||
| Q2 24 | $162.5M | $68.4M | ||
| Q1 24 | $135.5M | $57.3M |
总债务IOTWAY
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IOTWAY
| Q4 25 | $1.3B | $3.9B | ||
| Q3 25 | $1.2B | $3.2B | ||
| Q2 25 | $1.1B | $3.2B | ||
| Q1 25 | $1.1B | $3.1B | ||
| Q4 24 | $999.1M | $3.1B | ||
| Q3 24 | $964.7M | $3.1B | ||
| Q2 24 | $923.9M | $2.9B | ||
| Q1 24 | $915.1M | $2.0B |
总资产IOTWAY
| Q4 25 | $2.3B | $5.8B | ||
| Q3 25 | $2.2B | $4.7B | ||
| Q2 25 | $2.1B | $4.7B | ||
| Q1 25 | $2.0B | $4.6B | ||
| Q4 24 | $1.9B | $4.6B | ||
| Q3 24 | $1.8B | $4.5B | ||
| Q2 24 | $1.7B | $4.6B | ||
| Q1 24 | $1.7B | — |
负债/权益比IOTWAY
| Q4 25 | — | 0.38× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $63.7M | $66.6M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $57.2M |
| 自由现金流率自由现金流/营收 | 13.4% | 18.9% |
| 资本支出强度资本支出/营收 | 1.9% | 3.1% |
| 现金转化率经营现金流/净利润 | 8.20× | 3.33× |
| 过去12个月自由现金流最近4个季度 | $194.2M | $283.2M |
8季度趋势，按日历期对齐
经营现金流IOTWAY
| Q4 25 | $63.7M | $66.6M | ||
| Q3 25 | $50.2M | $82.0M | ||
| Q2 25 | $52.6M | $96.8M | ||
| Q1 25 | $53.9M | $64.2M | ||
| Q4 24 | $36.0M | — | ||
| Q3 24 | $18.1M | $78.8M | ||
| Q2 24 | $23.7M | $15.4M | ||
| Q1 24 | $-41.9M | $10.7M |
自由现金流IOTWAY
| Q4 25 | $55.8M | $57.2M | ||
| Q3 25 | $44.2M | $76.2M | ||
| Q2 25 | $45.7M | $91.0M | ||
| Q1 25 | $48.5M | $58.8M | ||
| Q4 24 | $31.2M | — | ||
| Q3 24 | $13.1M | $70.2M | ||
| Q2 24 | $18.6M | $8.6M | ||
| Q1 24 | $-44.0M | $5.2M |
自由现金流率IOTWAY
| Q4 25 | 13.4% | 18.9% | ||
| Q3 25 | 11.3% | 28.3% | ||
| Q2 25 | 12.5% | 33.6% | ||
| Q1 25 | 14.0% | 22.9% | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 4.4% | 29.2% | ||
| Q2 24 | 6.6% | 3.7% | ||
| Q1 24 | -15.9% | 2.3% |
资本支出强度IOTWAY
| Q4 25 | 1.9% | 3.1% | ||
| Q3 25 | 1.5% | 2.2% | ||
| Q2 25 | 1.9% | 2.1% | ||
| Q1 25 | 1.5% | 2.1% | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.7% | 3.6% | ||
| Q2 24 | 1.8% | 2.9% | ||
| Q1 24 | 0.8% | 2.5% |
现金转化率IOTWAY
| Q4 25 | 8.20× | 3.33× | ||
| Q3 25 | — | 2.68× | ||
| Q2 25 | — | 3.01× | ||
| Q1 25 | — | 2.20× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 14.56× | ||
| 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
IOT
暂无分部数据
WAY
| Subscription And Circulation | $167.8M | 55% |
| Volume Based Revenue | $134.2M | 44% |
| Implementation Services And Other Revenue | $1.5M | 1% |
