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IPG PHOTONICS CORP（IPGP）与LifeStance Health Group, Inc.（LFST）财务数据对比。点击上方公司名可切换其他公司
LifeStance Health Group, Inc.的季度营收约是IPG PHOTONICS CORP的1.4倍（$382.2M vs $274.5M），IPG PHOTONICS CORP净利率更高（4.8% vs 3.1%，领先1.8%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 17.1%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $10.9M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 4.4%）
IPG光电是全球领先的光纤激光器制造商，率先实现光纤激光器的技术研发与商业化落地，产品广泛应用于材料加工、医疗、电信等多元领域，在美国、德国、俄罗斯、意大利均设有生产基地，为全球各行业客户提供高性能的激光解决方案。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
IPGP vs LFST — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $274.5M | $382.2M |
| 净利润 | $13.3M | $11.7M |
| 毛利率 | 36.1% | — |
| 营业利润率 | 1.2% | 4.7% |
| 净利率 | 4.8% | 3.1% |
| 营收同比 | 17.1% | 17.4% |
| 净利润同比 | 69.8% | 264.1% |
| 每股收益（稀释后） | $0.30 | — |
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
| Q4 25 | $274.5M | $382.2M | ||
| Q3 25 | $250.8M | $363.8M | ||
| Q2 25 | $250.7M | $345.3M | ||
| Q1 25 | $227.8M | $333.0M | ||
| Q4 24 | $234.3M | $325.5M | ||
| Q3 24 | $233.1M | $312.7M | ||
| Q2 24 | $257.6M | $312.3M | ||
| Q1 24 | $252.0M | $300.4M |
| Q4 25 | $13.3M | $11.7M | ||
| Q3 25 | $7.5M | $1.1M | ||
| Q2 25 | $6.6M | $-3.8M | ||
| Q1 25 | $3.8M | $709.0K | ||
| Q4 24 | $7.8M | $-7.1M | ||
| Q3 24 | $-233.6M | $-6.0M | ||
| Q2 24 | $20.2M | $-23.3M | ||
| Q1 24 | $24.1M | $-21.1M |
| Q4 25 | 36.1% | — | ||
| Q3 25 | 39.5% | — | ||
| Q2 25 | 37.3% | — | ||
| Q1 25 | 39.4% | — | ||
| Q4 24 | 38.6% | — | ||
| Q3 24 | 23.2% | — | ||
| Q2 24 | 37.3% | — | ||
| Q1 24 | 38.7% | — |
| Q4 25 | 1.2% | 4.7% | ||
| Q3 25 | 3.1% | 2.0% | ||
| Q2 25 | 0.0% | -0.9% | ||
| Q1 25 | 0.8% | 0.5% | ||
| Q4 24 | 6.0% | 0.3% | ||
| Q3 24 | -108.7% | 0.0% | ||
| Q2 24 | 4.7% | -5.1% | ||
| Q1 24 | 7.6% | -5.6% |
| Q4 25 | 4.8% | 3.1% | ||
| Q3 25 | 3.0% | 0.3% | ||
| Q2 25 | 2.6% | -1.1% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 3.3% | -2.2% | ||
| Q3 24 | -100.2% | -1.9% | ||
| Q2 24 | 7.8% | -7.5% | ||
| Q1 24 | 9.6% | -7.0% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $0.18 | — | ||
| Q2 25 | $0.16 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $-5.33 | — | ||
| Q2 24 | $0.45 | — | ||
| Q1 24 | $0.52 | — |
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 | $839.3M | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $2.1B | $1.5B |
| 总资产 | $2.4B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
| Q4 25 | $839.3M | $248.6M | ||
| Q3 25 | $870.4M | $203.9M | ||
| Q2 25 | $899.6M | $188.9M | ||
| Q1 25 | $926.9M | $134.3M | ||
| Q4 24 | $930.2M | $154.6M | ||
| Q3 24 | $1.0B | $102.6M | ||
| Q2 24 | $1.1B | $87.0M | ||
| Q1 24 | $1.1B | $49.5M |
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M | ||
| Q1 24 | — | $288.8M |
| Q4 25 | $2.1B | $1.5B | ||
| Q3 25 | $2.1B | $1.5B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $2.1B | $1.5B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.1B | $1.4B | ||
| Q2 24 | $2.3B | $1.4B | ||
| Q1 24 | $2.3B | $1.4B |
| Q4 25 | $2.4B | $2.2B | ||
| Q3 25 | $2.4B | $2.1B | ||
| Q2 25 | $2.4B | $2.1B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.3B | $2.1B | ||
| Q3 24 | $2.4B | $2.1B | ||
| Q2 24 | $2.5B | $2.1B | ||
| Q1 24 | $2.6B | $2.1B |
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | 0.20× |
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 | $28.8M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $10.9M | $46.6M |
| 自由现金流率自由现金流/营收 | 4.0% | 12.2% |
| 资本支出强度资本支出/营收 | 6.5% | 2.9% |
| 现金转化率经营现金流/净利润 | 2.17× | 4.93× |
| 过去12个月自由现金流最近4个季度 | $-3.5M | $110.0M |
8季度趋势，按日历期对齐
| Q4 25 | $28.8M | $57.6M | ||
| Q3 25 | $35.3M | $27.3M | ||
| Q2 25 | $-2.2M | $64.4M | ||
| Q1 25 | $13.4M | $-3.1M | ||
| Q4 24 | $73.8M | $62.3M | ||
| Q3 24 | $66.1M | $22.7M | ||
| Q2 24 | $53.5M | $44.1M | ||
| Q1 24 | $54.6M | $-21.8M |
| Q4 25 | $10.9M | $46.6M | ||
| Q3 25 | $14.6M | $17.0M | ||
| Q2 25 | $-17.6M | $56.6M | ||
| Q1 25 | $-11.4M | $-10.3M | ||
| Q4 24 | $50.6M | $56.0M | ||
| Q3 24 | $43.0M | $17.7M | ||
| Q2 24 | $29.2M | $39.0M | ||
| Q1 24 | $26.5M | $-26.9M |
| Q4 25 | 4.0% | 12.2% | ||
| Q3 25 | 5.8% | 4.7% | ||
| Q2 25 | -7.0% | 16.4% | ||
| Q1 25 | -5.0% | -3.1% | ||
| Q4 24 | 21.6% | 17.2% | ||
| Q3 24 | 18.4% | 5.7% | ||
| Q2 24 | 11.3% | 12.5% | ||
| Q1 24 | 10.5% | -9.0% |
| Q4 25 | 6.5% | 2.9% | ||
| Q3 25 | 8.3% | 2.8% | ||
| Q2 25 | 6.1% | 2.2% | ||
| Q1 25 | 10.9% | 2.2% | ||
| Q4 24 | 9.9% | 1.9% | ||
| Q3 24 | 9.9% | 1.6% | ||
| Q2 24 | 9.4% | 1.6% | ||
| Q1 24 | 11.1% | 1.7% |
| Q4 25 | 2.17× | 4.93× | ||
| Q3 25 | 4.73× | 25.34× | ||
| Q2 25 | -0.34× | — | ||
| Q1 25 | 3.58× | -4.36× | ||
| Q4 24 | 9.44× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.65× | — | ||
| Q1 24 | 2.27× | — |
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
IPGP
| Materials Processing | $232.8M | 85% |
| Laser And Non Laser Systems | $38.8M | 14% |
| Transferred Over Time | $5.3M | 2% |
LFST
暂无分部数据
