vs
IPG PHOTONICS CORP（IPGP）与Revolve Group, Inc.（RVLV）财务数据对比。点击上方公司名可切换其他公司
Revolve Group, Inc.的季度营收约是IPG PHOTONICS CORP的1.2倍（$324.4M vs $274.5M），Revolve Group, Inc.净利率更高（5.7% vs 4.8%，领先0.9%），IPG PHOTONICS CORP同比增速更快（17.1% vs 10.4%），IPG PHOTONICS CORP自由现金流更多（$10.9M vs $-13.3M），过去两年Revolve Group, Inc.的营收复合增速更高（9.5% 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。
Revolve Theatre Company是总部位于英国泰晤士河畔亨利的剧团，专注于创作演出政治题材和莎士比亚系列戏剧作品，由奥利弗·登奇、乔·莫里斯与汤姆·史密斯共同创立运营。
IPGP vs RVLV — 直观对比
营收规模更大
RVLV
是对方的1.2倍
$274.5M
营收增速更快
IPGP
高出6.7%
10.4%
净利率更高
RVLV
高出0.9%
4.8%
自由现金流更多
IPGP
多$24.2M
$-13.3M
两年增速更快
RVLV
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $274.5M | $324.4M |
| 净利润 | $13.3M | $18.6M |
| 毛利率 | 36.1% | 53.3% |
| 营业利润率 | 1.2% | 6.3% |
| 净利率 | 4.8% | 5.7% |
| 营收同比 | 17.1% | 10.4% |
| 净利润同比 | 69.8% | 50.4% |
| 每股收益（稀释后） | $0.30 | $0.27 |
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IPGPRVLV
| Q4 25 | $274.5M | $324.4M | ||
| Q3 25 | $250.8M | $295.6M | ||
| Q2 25 | $250.7M | $309.0M | ||
| Q1 25 | $227.8M | $296.7M | ||
| Q4 24 | $234.3M | $293.7M | ||
| Q3 24 | $233.1M | $283.1M | ||
| Q2 24 | $257.6M | $282.5M | ||
| Q1 24 | $252.0M | $270.6M |
净利润IPGPRVLV
| Q4 25 | $13.3M | $18.6M | ||
| Q3 25 | $7.5M | $21.2M | ||
| Q2 25 | $6.6M | $10.2M | ||
| Q1 25 | $3.8M | $11.8M | ||
| Q4 24 | $7.8M | $12.3M | ||
| Q3 24 | $-233.6M | $11.0M | ||
| Q2 24 | $20.2M | $15.4M | ||
| Q1 24 | $24.1M | $10.9M |
毛利率IPGPRVLV
| Q4 25 | 36.1% | 53.3% | ||
| Q3 25 | 39.5% | 54.6% | ||
| Q2 25 | 37.3% | 54.1% | ||
| Q1 25 | 39.4% | 52.0% | ||
| Q4 24 | 38.6% | 52.5% | ||
| Q3 24 | 23.2% | 51.2% | ||
| Q2 24 | 37.3% | 54.0% | ||
| Q1 24 | 38.7% | 52.3% |
营业利润率IPGPRVLV
| Q4 25 | 1.2% | 6.3% | ||
| Q3 25 | 3.1% | 7.1% | ||
| Q2 25 | 0.0% | 5.8% | ||
| Q1 25 | 0.8% | 5.0% | ||
| Q4 24 | 6.0% | 3.9% | ||
| Q3 24 | -108.7% | 5.0% | ||
| Q2 24 | 4.7% | 5.8% | ||
| Q1 24 | 7.6% | 3.4% |
净利率IPGPRVLV
| Q4 25 | 4.8% | 5.7% | ||
| Q3 25 | 3.0% | 7.2% | ||
| Q2 25 | 2.6% | 3.3% | ||
| Q1 25 | 1.6% | 4.0% | ||
| Q4 24 | 3.3% | 4.2% | ||
| Q3 24 | -100.2% | 3.9% | ||
| Q2 24 | 7.8% | 5.4% | ||
| Q1 24 | 9.6% | 4.0% |
每股收益（稀释后）IPGPRVLV
| Q4 25 | $0.30 | $0.27 | ||
| Q3 25 | $0.18 | $0.29 | ||
| Q2 25 | $0.16 | $0.14 | ||
| Q1 25 | $0.09 | $0.16 | ||
| Q4 24 | $0.27 | $0.18 | ||
| Q3 24 | $-5.33 | $0.15 | ||
| Q2 24 | $0.45 | $0.21 | ||
| Q1 24 | $0.52 | $0.15 |
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 | $292.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $512.5M |
| 总资产 | $2.4B | $765.0M |
| 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IPGPRVLV
| Q4 25 | $839.3M | $292.3M | ||
| Q3 25 | $870.4M | $315.4M | ||
| Q2 25 | $899.6M | $310.7M | ||
| Q1 25 | $926.9M | $300.8M | ||
| Q4 24 | $930.2M | $256.6M | ||
| Q3 24 | $1.0B | $252.8M | ||
| Q2 24 | $1.1B | $244.7M | ||
| Q1 24 | $1.1B | $273.4M |
股东权益IPGPRVLV
| Q4 25 | $2.1B | $512.5M | ||
| Q3 25 | $2.1B | $490.2M | ||
| Q2 25 | $2.1B | $468.6M | ||
| Q1 25 | $2.1B | $453.4M | ||
| Q4 24 | $2.0B | $437.8M | ||
| Q3 24 | $2.1B | $420.8M | ||
| Q2 24 | $2.3B | $405.8M | ||
| Q1 24 | $2.3B | $389.9M |
总资产IPGPRVLV
| Q4 25 | $2.4B | $765.0M | ||
| Q3 25 | $2.4B | $751.3M | ||
| Q2 25 | $2.4B | $722.9M | ||
| Q1 25 | $2.3B | $713.9M | ||
| Q4 24 | $2.3B | $665.5M | ||
| Q3 24 | $2.4B | $670.9M | ||
| Q2 24 | $2.5B | $657.8M | ||
| Q1 24 | $2.6B | $650.0M |
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 | $28.8M | $-10.2M |
| 自由现金流经营现金流 - 资本支出 | $10.9M | $-13.3M |
| 自由现金流率自由现金流/营收 | 4.0% | -4.1% |
| 资本支出强度资本支出/营收 | 6.5% | 1.0% |
| 现金转化率经营现金流/净利润 | 2.17× | -0.55× |
| 过去12个月自由现金流最近4个季度 | $-3.5M | $48.0M |
8季度趋势，按日历期对齐
经营现金流IPGPRVLV
| Q4 25 | $28.8M | $-10.2M | ||
| Q3 25 | $35.3M | $11.8M | ||
| Q2 25 | $-2.2M | $12.6M | ||
| Q1 25 | $13.4M | $45.1M | ||
| Q4 24 | $73.8M | $3.9M | ||
| Q3 24 | $66.1M | $9.1M | ||
| Q2 24 | $53.5M | $-24.7M | ||
| Q1 24 | $54.6M | $38.4M |
自由现金流IPGPRVLV
| Q4 25 | $10.9M | $-13.3M | ||
| Q3 25 | $14.6M | $7.5M | ||
| Q2 25 | $-17.6M | $10.4M | ||
| Q1 25 | $-11.4M | $43.4M | ||
| Q4 24 | $50.6M | $2.1M | ||
| Q3 24 | $43.0M | $8.0M | ||
| Q2 24 | $29.2M | $-25.7M | ||
| Q1 24 | $26.5M | $36.7M |
自由现金流率IPGPRVLV
| Q4 25 | 4.0% | -4.1% | ||
| Q3 25 | 5.8% | 2.5% | ||
| Q2 25 | -7.0% | 3.4% | ||
| Q1 25 | -5.0% | 14.6% | ||
| Q4 24 | 21.6% | 0.7% | ||
| Q3 24 | 18.4% | 2.8% | ||
| Q2 24 | 11.3% | -9.1% | ||
| Q1 24 | 10.5% | 13.5% |
资本支出强度IPGPRVLV
| Q4 25 | 6.5% | 1.0% | ||
| Q3 25 | 8.3% | 1.5% | ||
| Q2 25 | 6.1% | 0.7% | ||
| Q1 25 | 10.9% | 0.6% | ||
| Q4 24 | 9.9% | 0.6% | ||
| Q3 24 | 9.9% | 0.4% | ||
| Q2 24 | 9.4% | 0.4% | ||
| Q1 24 | 11.1% | 0.6% |
现金转化率IPGPRVLV
| Q4 25 | 2.17× | -0.55× | ||
| Q3 25 | 4.73× | 0.56× | ||
| Q2 25 | -0.34× | 1.24× | ||
| Q1 25 | 3.58× | 3.82× | ||
| Q4 24 | 9.44× | 0.32× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | 2.65× | -1.60× | ||
| Q1 24 | 2.27× | 3.53× |
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% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
