vs
IPG PHOTONICS CORP（IPGP）与WSFS FINANCIAL CORP（WSFS）财务数据对比。点击上方公司名可切换其他公司
WSFS FINANCIAL CORP的季度营收约是IPG PHOTONICS CORP的1.0倍（$275.3M vs $274.5M），WSFS FINANCIAL CORP净利率更高（31.5% vs 4.8%，领先26.7%），IPG PHOTONICS CORP同比增速更快（17.1% vs 7.5%），过去两年IPG PHOTONICS CORP的营收复合增速更高（4.4% vs 1.7%）
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。
WSFS金融集团是一家金融服务企业，核心子公司WSFS银行是总部位于特拉华州及大特拉华谷地区规模最大、经营历史最久的本地管理银行与财富管理机构。集团共运营115个网点，其中88个为银行网点，分布在宾夕法尼亚、特拉华、新泽西、佛罗里达、弗吉尼亚、内华达六州，提供全面金融服务。
IPGP vs WSFS — 直观对比
营收规模更大
WSFS
是对方的1.0倍
$274.5M
营收增速更快
IPGP
高出9.6%
7.5%
净利率更高
WSFS
高出26.7%
4.8%
两年增速更快
IPGP
近两年复合增速
1.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $274.5M | $275.3M |
| 净利润 | $13.3M | $86.8M |
| 毛利率 | 36.1% | — |
| 营业利润率 | 1.2% | — |
| 净利率 | 4.8% | 31.5% |
| 营收同比 | 17.1% | 7.5% |
| 净利润同比 | 69.8% | 31.7% |
| 每股收益（稀释后） | $0.30 | $1.64 |
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IPGPWSFS
| Q1 26 | — | $275.3M | ||
| Q4 25 | $274.5M | $271.9M | ||
| Q3 25 | $250.8M | $270.5M | ||
| Q2 25 | $250.7M | $267.5M | ||
| Q1 25 | $227.8M | $256.1M | ||
| Q4 24 | $234.3M | $261.5M | ||
| Q3 24 | $233.1M | $267.7M | ||
| Q2 24 | $257.6M | $266.0M |
净利润IPGPWSFS
| Q1 26 | — | $86.8M | ||
| Q4 25 | $13.3M | $72.7M | ||
| Q3 25 | $7.5M | $76.4M | ||
| Q2 25 | $6.6M | $72.3M | ||
| Q1 25 | $3.8M | $65.9M | ||
| Q4 24 | $7.8M | $64.2M | ||
| Q3 24 | $-233.6M | $64.4M | ||
| Q2 24 | $20.2M | $69.3M |
毛利率IPGPWSFS
| Q1 26 | — | — | ||
| 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% | — |
营业利润率IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 35.8% | ||
| Q3 25 | 3.1% | 37.3% | ||
| Q2 25 | 0.0% | 35.7% | ||
| Q1 25 | 0.8% | 34.0% | ||
| Q4 24 | 6.0% | 32.3% | ||
| Q3 24 | -108.7% | 31.9% | ||
| Q2 24 | 4.7% | 34.0% |
净利率IPGPWSFS
| Q1 26 | — | 31.5% | ||
| Q4 25 | 4.8% | 26.7% | ||
| Q3 25 | 3.0% | 28.3% | ||
| Q2 25 | 2.6% | 27.0% | ||
| Q1 25 | 1.6% | 25.7% | ||
| Q4 24 | 3.3% | 24.6% | ||
| Q3 24 | -100.2% | 24.1% | ||
| Q2 24 | 7.8% | 26.0% |
每股收益（稀释后）IPGPWSFS
| Q1 26 | — | $1.64 | ||
| Q4 25 | $0.30 | $1.33 | ||
| Q3 25 | $0.18 | $1.37 | ||
| Q2 25 | $0.16 | $1.27 | ||
| Q1 25 | $0.09 | $1.12 | ||
| Q4 24 | $0.27 | $1.08 | ||
| Q3 24 | $-5.33 | $1.08 | ||
| Q2 24 | $0.45 | $1.16 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $2.7B |
| 总资产 | $2.4B | $22.1B |
| 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IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | $839.3M | $1.7B | ||
| Q3 25 | $870.4M | — | ||
| Q2 25 | $899.6M | — | ||
| Q1 25 | $926.9M | — | ||
| Q4 24 | $930.2M | $1.2B | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.1B | — |
股东权益IPGPWSFS
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $2.1B | $2.8B | ||
| Q2 25 | $2.1B | $2.7B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.0B | $2.6B | ||
| Q3 24 | $2.1B | $2.7B | ||
| Q2 24 | $2.3B | $2.5B |
总资产IPGPWSFS
| Q1 26 | — | $22.1B | ||
| Q4 25 | $2.4B | $21.3B | ||
| Q3 25 | $2.4B | $20.8B | ||
| Q2 25 | $2.4B | $20.8B | ||
| Q1 25 | $2.3B | $20.5B | ||
| Q4 24 | $2.3B | $20.8B | ||
| Q3 24 | $2.4B | $20.9B | ||
| Q2 24 | $2.5B | $20.7B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $10.9M | — |
| 自由现金流率自由现金流/营收 | 4.0% | — |
| 资本支出强度资本支出/营收 | 6.5% | — |
| 现金转化率经营现金流/净利润 | 2.17× | — |
| 过去12个月自由现金流最近4个季度 | $-3.5M | — |
8季度趋势，按日历期对齐
经营现金流IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | $28.8M | $220.0M | ||
| Q3 25 | $35.3M | $121.5M | ||
| Q2 25 | $-2.2M | $37.2M | ||
| Q1 25 | $13.4M | $8.7M | ||
| Q4 24 | $73.8M | $219.9M | ||
| Q3 24 | $66.1M | $3.1M | ||
| Q2 24 | $53.5M | $44.8M |
自由现金流IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | $10.9M | $213.6M | ||
| Q3 25 | $14.6M | $120.3M | ||
| Q2 25 | $-17.6M | $35.2M | ||
| Q1 25 | $-11.4M | $6.3M | ||
| Q4 24 | $50.6M | $205.6M | ||
| Q3 24 | $43.0M | $-489.0K | ||
| Q2 24 | $29.2M | $42.1M |
自由现金流率IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 78.6% | ||
| Q3 25 | 5.8% | 44.5% | ||
| Q2 25 | -7.0% | 13.2% | ||
| Q1 25 | -5.0% | 2.5% | ||
| Q4 24 | 21.6% | 78.6% | ||
| Q3 24 | 18.4% | -0.2% | ||
| Q2 24 | 11.3% | 15.8% |
资本支出强度IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 2.3% | ||
| Q3 25 | 8.3% | 0.5% | ||
| Q2 25 | 6.1% | 0.7% | ||
| Q1 25 | 10.9% | 0.9% | ||
| Q4 24 | 9.9% | 5.5% | ||
| Q3 24 | 9.9% | 1.4% | ||
| Q2 24 | 9.4% | 1.0% |
现金转化率IPGPWSFS
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | 3.03× | ||
| Q3 25 | 4.73× | 1.59× | ||
| Q2 25 | -0.34× | 0.51× | ||
| Q1 25 | 3.58× | 0.13× | ||
| Q4 24 | 9.44× | 3.43× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | 2.65× | 0.65× |
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% |
WSFS
暂无分部数据
