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Invivyd, Inc.（IVVD）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
REDWOOD TRUST INC的季度营收约是Invivyd, Inc.的1.5倍（$25.9M vs $17.2M），REDWOOD TRUST INC净利率更高（77.2% vs -64.3%，领先141.6%），Invivyd, Inc.同比增速更快（24.5% vs -6.1%）
Invivyd, Inc.是一家处于临床阶段的生物制药企业，专注于研发可预防和治疗严重病毒性传染病的广谱中和抗体疗法，核心管线覆盖呼吸道合胞病毒等高负担呼吸道病原体，满足全球患者未被满足的医疗需求。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
IVVD vs RWT — 直观对比
营收规模更大
RWT
是对方的1.5倍
$17.2M
营收增速更快
IVVD
高出30.6%
-6.1%
净利率更高
RWT
高出141.6%
-64.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $17.2M | $25.9M |
| 净利润 | $-11.1M | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | -73.0% | — |
| 净利率 | -64.3% | 77.2% |
| 营收同比 | 24.5% | -6.1% |
| 净利润同比 | 40.0% | 402.6% |
| 每股收益（稀释后） | $0.02 | $0.11 |
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IVVDRWT
| Q4 25 | $17.2M | $25.9M | ||
| Q3 25 | $13.1M | $15.0M | ||
| Q2 25 | $11.8M | $13.8M | ||
| Q1 25 | $11.3M | $27.9M | ||
| Q4 24 | $13.8M | $27.6M | ||
| Q3 24 | $9.3M | $25.5M | ||
| Q2 24 | $2.3M | $67.4M | ||
| Q1 24 | $0 | $74.5M |
净利润IVVDRWT
| Q4 25 | $-11.1M | $20.0M | ||
| Q3 25 | $-10.5M | $-7.7M | ||
| Q2 25 | $-14.7M | $-98.5M | ||
| Q1 25 | $-16.3M | $16.1M | ||
| Q4 24 | $-18.4M | $-6.6M | ||
| Q3 24 | $-60.7M | $14.8M | ||
| Q2 24 | $-47.2M | $15.5M | ||
| Q1 24 | $-43.5M | $30.3M |
营业利润率IVVDRWT
| Q4 25 | -73.0% | — | ||
| Q3 25 | -84.0% | -9.0% | ||
| Q2 25 | -127.8% | -679.0% | ||
| Q1 25 | -149.7% | 80.2% | ||
| Q4 24 | -139.1% | -1.3% | ||
| Q3 24 | -670.0% | 86.1% | ||
| Q2 24 | -2175.2% | 30.3% | ||
| Q1 24 | — | 41.3% |
净利率IVVDRWT
| Q4 25 | -64.3% | 77.2% | ||
| Q3 25 | -79.7% | -51.4% | ||
| Q2 25 | -124.4% | -712.0% | ||
| Q1 25 | -144.1% | 57.8% | ||
| Q4 24 | -133.5% | -24.0% | ||
| Q3 24 | -653.1% | 58.1% | ||
| Q2 24 | -2086.9% | 23.0% | ||
| Q1 24 | — | 40.6% |
每股收益（稀释后）IVVDRWT
| Q4 25 | $0.02 | $0.11 | ||
| Q3 25 | $-0.06 | $-0.08 | ||
| Q2 25 | $-0.12 | $-0.76 | ||
| Q1 25 | $-0.14 | $0.10 | ||
| Q4 24 | $-0.14 | $-0.08 | ||
| Q3 24 | $-0.51 | $0.09 | ||
| Q2 24 | $-0.40 | $0.10 | ||
| Q1 24 | $-0.38 | $0.21 |
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 | $226.7M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $241.5M | $982.6M |
| 总资产 | $276.9M | $23.7B |
| 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IVVDRWT
| Q4 25 | $226.7M | $255.7M | ||
| Q3 25 | $85.0M | $226.3M | ||
| Q2 25 | $34.9M | $302.0M | ||
| Q1 25 | $48.1M | $259.9M | ||
| Q4 24 | $69.3M | $245.2M | ||
| Q3 24 | $106.9M | $253.7M | ||
| Q2 24 | $147.9M | $275.6M | ||
| Q1 24 | $189.4M | $275.4M |
总债务IVVDRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益IVVDRWT
| Q4 25 | $241.5M | $982.6M | ||
| Q3 25 | $93.1M | $999.0M | ||
| Q2 25 | $42.8M | $1.1B | ||
| Q1 25 | $54.1M | $1.2B | ||
| Q4 24 | $67.5M | $1.2B | ||
| Q3 24 | $83.2M | $1.2B | ||
| Q2 24 | $140.6M | $1.2B | ||
| Q1 24 | $178.5M | $1.2B |
总资产IVVDRWT
| Q4 25 | $276.9M | $23.7B | ||
| Q3 25 | $139.2M | $22.6B | ||
| Q2 25 | $89.1M | $21.3B | ||
| Q1 25 | $103.7M | $19.9B | ||
| Q4 24 | $129.5M | $18.3B | ||
| Q3 24 | $161.9M | $18.4B | ||
| Q2 24 | $177.3M | $16.5B | ||
| Q1 24 | $215.5M | $15.1B |
负债/权益比IVVDRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $-15.5M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流IVVDRWT
| Q4 25 | $-15.5M | $-10.1B | ||
| Q3 25 | $-8.3M | $-2.7B | ||
| Q2 25 | $-13.3M | $-2.1B | ||
| Q1 25 | $-21.1M | $-2.0B | ||
| Q4 24 | $-37.6M | $-5.9B | ||
| Q3 24 | $-41.1M | $-2.1B | ||
| Q2 24 | $-41.6M | $-2.0B | ||
| Q1 24 | $-50.2M | $-954.2M |
自由现金流IVVDRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-13.3M | — | ||
| Q1 25 | $-21.3M | — | ||
| Q4 24 | $-37.6M | — | ||
| Q3 24 | $-41.1M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $-50.4M | — |
自由现金流率IVVDRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -112.9% | — | ||
| Q1 25 | -188.2% | — | ||
| Q4 24 | -272.2% | — | ||
| Q3 24 | -441.6% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度IVVDRWT
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | — | — |
现金转化率IVVDRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
