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IREN Ltd（IREN）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
IREN Ltd的季度营收约是STURM RUGER & CO INC的1.2倍（$184.7M vs $151.1M），IREN Ltd同比增速更快（59.0% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-468.0M）
IREN Ltd是一家垂直整合的数据中心企业，依托可再生能源为比特币、人工智能等前沿领域发展提供算力支撑，旗下设施策略性布局于美国及加拿大境内可再生能源丰富、光纤网络完善的区域。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
IREN vs RGR — 直观对比
营收规模更大
IREN
是对方的1.2倍
$151.1M
营收增速更快
IREN
高出55.4%
3.6%
自由现金流更多
RGR
多$480.4M
$-468.0M
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $184.7M | $151.1M |
| 净利润 | $-155.4M | — |
| 毛利率 | 64.4% | 17.8% |
| 营业利润率 | -63.0% | 2.3% |
| 净利率 | -84.1% | — |
| 营收同比 | 59.0% | 3.6% |
| 净利润同比 | -610.0% | — |
| 每股收益（稀释后） | $-0.52 | $0.22 |
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IRENRGR
| Q4 25 | $184.7M | $151.1M | ||
| Q3 25 | $240.3M | $126.8M | ||
| Q2 25 | — | $132.5M | ||
| Q1 25 | — | $135.7M | ||
| Q4 24 | $116.1M | $145.8M | ||
| Q3 24 | $52.8M | $122.3M | ||
| Q2 24 | — | $130.8M | ||
| Q1 24 | $54.3M | $136.8M |
净利润IRENRGR
| Q4 25 | $-155.4M | — | ||
| Q3 25 | $384.6M | $1.6M | ||
| Q2 25 | — | $-17.2M | ||
| Q1 25 | — | $7.8M | ||
| Q4 24 | $-21.9M | — | ||
| Q3 24 | $-51.7M | $4.7M | ||
| Q2 24 | — | $8.3M | ||
| Q1 24 | $8.6M | $7.1M |
毛利率IRENRGR
| Q4 25 | 64.4% | 17.8% | ||
| Q3 25 | 66.4% | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | 72.2% | 22.8% | ||
| Q3 24 | 39.6% | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
营业利润率IRENRGR
| Q4 25 | -63.0% | 2.3% | ||
| Q3 25 | -31.8% | -2.7% | ||
| Q2 25 | — | -15.6% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | 14.9% | 7.8% | ||
| Q3 24 | -89.2% | 3.1% | ||
| Q2 24 | — | 6.9% | ||
| Q1 24 | 11.1% | 5.5% |
净利率IRENRGR
| Q4 25 | -84.1% | — | ||
| Q3 25 | 160.1% | 1.2% | ||
| Q2 25 | — | -13.0% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | -18.8% | — | ||
| Q3 24 | -98.0% | 3.9% | ||
| Q2 24 | — | 6.3% | ||
| Q1 24 | 15.9% | 5.2% |
每股收益（稀释后）IRENRGR
| Q4 25 | $-0.52 | $0.22 | ||
| Q3 25 | $1.08 | $0.10 | ||
| Q2 25 | — | $-1.05 | ||
| Q1 25 | — | $0.46 | ||
| Q4 24 | $-0.10 | $0.62 | ||
| Q3 24 | $-0.27 | $0.28 | ||
| Q2 24 | — | $0.47 | ||
| Q1 24 | $0.00 | $0.40 |
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 | $3.3B | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $283.8M |
| 总资产 | $7.0B | $342.0M |
| 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IRENRGR
| Q4 25 | $3.3B | $92.5M | ||
| Q3 25 | $1.0B | $80.8M | ||
| Q2 25 | — | $101.4M | ||
| Q1 25 | — | $108.3M | ||
| Q4 24 | $427.3M | $105.5M | ||
| Q3 24 | $98.6M | $96.0M | ||
| Q2 24 | — | $105.6M | ||
| Q1 24 | $259.7M | $115.3M |
股东权益IRENRGR
| Q4 25 | $2.5B | $283.8M | ||
| Q3 25 | $2.9B | $279.6M | ||
| Q2 25 | — | $289.3M | ||
| Q1 25 | — | $321.5M | ||
| Q4 24 | $1.2B | $319.6M | ||
| Q3 24 | $1.1B | $314.9M | ||
| Q2 24 | — | $321.5M | ||
| Q1 24 | $677.2M | $332.0M |
总资产IRENRGR
| Q4 25 | $7.0B | $342.0M | ||
| Q3 25 | $4.3B | $342.3M | ||
| Q2 25 | — | $349.5M | ||
| Q1 25 | — | $379.0M | ||
| Q4 24 | $1.9B | $384.0M | ||
| Q3 24 | $1.3B | $373.5M | ||
| Q2 24 | — | $376.7M | ||
| Q1 24 | $723.6M | $385.0M |
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 | $71.7M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-468.0M | $12.3M |
| 自由现金流率自由现金流/营收 | -253.4% | 8.2% |
| 资本支出强度资本支出/营收 | 292.2% | 2.1% |
| 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 | $-701.2M | $38.5M |
8季度趋势，按日历期对齐
经营现金流IRENRGR
| Q4 25 | $71.7M | $15.5M | ||
| Q3 25 | $142.4M | $12.9M | ||
| Q2 25 | — | $14.7M | ||
| Q1 25 | — | $11.1M | ||
| Q4 24 | $53.6M | $20.0M | ||
| Q3 24 | $-3.9M | $9.4M | ||
| Q2 24 | — | $18.7M | ||
| Q1 24 | $-27.1M | $7.3M |
自由现金流IRENRGR
| Q4 25 | $-468.0M | $12.3M | ||
| Q3 25 | $-38.0M | $7.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $10.0M | ||
| Q4 24 | $-85.5M | $16.4M | ||
| Q3 24 | $-109.7M | $2.6M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | $-108.3M | $5.6M |
自由现金流率IRENRGR
| Q4 25 | -253.4% | 8.2% | ||
| Q3 25 | -15.8% | 5.5% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | -73.6% | 11.2% | ||
| Q3 24 | -208.0% | 2.1% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | -199.4% | 4.1% |
资本支出强度IRENRGR
| Q4 25 | 292.2% | 2.1% | ||
| Q3 25 | 75.0% | 4.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | 119.7% | 2.5% | ||
| Q3 24 | 200.6% | 5.5% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | 149.5% | 1.3% |
现金转化率IRENRGR
| Q4 25 | — | — | ||
| Q3 25 | 0.37× | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | -3.13× | 1.04× |
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
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
