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J&J SNACK FOODS CORP（JJSF）与PLUG POWER INC（PLUG）财务数据对比。点击上方公司名可切换其他公司
J&J SNACK FOODS CORP的季度营收约是PLUG POWER INC的1.5倍（$343.8M vs $225.2M），J&J SNACK FOODS CORP净利率更高（0.3% vs -375.6%，领先375.9%），PLUG POWER INC同比增速更快（17.6% vs -5.2%），J&J SNACK FOODS CORP自由现金流更多（$17.0M vs $-153.0M），过去两年PLUG POWER INC的营收复合增速更高（36.8% vs -2.2%）
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
JJSF vs PLUG — 直观对比
营收规模更大
JJSF
是对方的1.5倍
$225.2M
营收增速更快
PLUG
高出22.8%
-5.2%
净利率更高
JJSF
高出375.9%
-375.6%
自由现金流更多
JJSF
多$170.0M
$-153.0M
两年增速更快
PLUG
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $225.2M |
| 净利润 | $883.0K | $-846.0M |
| 毛利率 | 27.9% | 2.4% |
| 营业利润率 | 0.2% | -338.9% |
| 净利率 | 0.3% | -375.6% |
| 营收同比 | -5.2% | 17.6% |
| 净利润同比 | -82.8% | 36.7% |
| 每股收益（稀释后） | $0.05 | $-0.70 |
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JJSFPLUG
| Q4 25 | $343.8M | $225.2M | ||
| Q3 25 | $410.2M | $177.1M | ||
| Q2 25 | $454.3M | $174.0M | ||
| Q1 25 | $356.1M | $133.7M | ||
| Q4 24 | $362.6M | $191.5M | ||
| Q3 24 | $426.8M | $173.7M | ||
| Q2 24 | $440.0M | $143.3M | ||
| Q1 24 | $359.7M | $120.3M |
净利润JJSFPLUG
| Q4 25 | $883.0K | $-846.0M | ||
| Q3 25 | $11.4M | $-361.9M | ||
| Q2 25 | $44.2M | $-227.1M | ||
| Q1 25 | $4.8M | $-196.7M | ||
| Q4 24 | $5.1M | $-1.3B | ||
| Q3 24 | $29.6M | $-211.2M | ||
| Q2 24 | $36.3M | $-262.3M | ||
| Q1 24 | $13.3M | $-295.8M |
毛利率JJSFPLUG
| Q4 25 | 27.9% | 2.4% | ||
| Q3 25 | 31.7% | -67.9% | ||
| Q2 25 | 33.0% | -30.7% | ||
| Q1 25 | 26.9% | -55.3% | ||
| Q4 24 | 25.9% | -122.5% | ||
| Q3 24 | 31.8% | -57.6% | ||
| Q2 24 | 33.6% | -91.6% | ||
| Q1 24 | 30.1% | -132.3% |
营业利润率JJSFPLUG
| Q4 25 | 0.2% | -338.9% | ||
| Q3 25 | 2.8% | -197.0% | ||
| Q2 25 | 13.3% | -101.7% | ||
| Q1 25 | 1.7% | -133.5% | ||
| Q4 24 | 1.7% | -678.7% | ||
| Q3 24 | 9.3% | -124.4% | ||
| Q2 24 | 11.4% | -170.7% | ||
| Q1 24 | 5.0% | -215.7% |
净利率JJSFPLUG
| Q4 25 | 0.3% | -375.6% | ||
| Q3 25 | 2.8% | -204.4% | ||
| Q2 25 | 9.7% | -130.5% | ||
| Q1 25 | 1.4% | -147.1% | ||
| Q4 24 | 1.4% | -697.5% | ||
| Q3 24 | 6.9% | -121.5% | ||
| Q2 24 | 8.3% | -183.0% | ||
| Q1 24 | 3.7% | -245.9% |
每股收益（稀释后）JJSFPLUG
| Q4 25 | $0.05 | $-0.70 | ||
| Q3 25 | $0.59 | $-0.31 | ||
| Q2 25 | $2.26 | $-0.20 | ||
| Q1 25 | $0.25 | $-0.21 | ||
| Q4 24 | $0.26 | $-1.61 | ||
| Q3 24 | $1.52 | $-0.25 | ||
| Q2 24 | $1.87 | $-0.36 | ||
| Q1 24 | $0.69 | $-0.46 |
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 | $66.8M | $368.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $912.9M | $978.1M |
| 总资产 | $1.3B | $2.6B |
| 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JJSFPLUG
| Q4 25 | $66.8M | $368.5M | ||
| Q3 25 | $105.9M | $165.9M | ||
| Q2 25 | $77.4M | $140.7M | ||
| Q1 25 | $48.5M | $295.8M | ||
| Q4 24 | $73.6M | $205.7M | ||
| Q3 24 | $73.4M | $93.9M | ||
| Q2 24 | $64.0M | $62.4M | ||
| Q1 24 | $43.6M | $172.9M |
总债务JJSFPLUG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $3.9M | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $3.8M |
股东权益JJSFPLUG
| Q4 25 | $912.9M | $978.1M | ||
| Q3 25 | $966.7M | $1.4B | ||
| Q2 25 | $969.9M | $1.7B | ||
| Q1 25 | $935.0M | $1.9B | ||
| Q4 24 | $946.8M | $1.7B | ||
| Q3 24 | $957.0M | $3.0B | ||
| Q2 24 | $937.9M | $3.0B | ||
| Q1 24 | $915.7M | $2.9B |
总资产JJSFPLUG
| Q4 25 | $1.3B | $2.6B | ||
| Q3 25 | $1.4B | $3.1B | ||
| Q2 25 | $1.4B | $3.4B | ||
| Q1 25 | $1.4B | $3.6B | ||
| Q4 24 | $1.3B | $3.6B | ||
| Q3 24 | $1.4B | $4.7B | ||
| Q2 24 | $1.4B | $4.8B | ||
| Q1 24 | $1.3B | $4.8B |
负债/权益比JJSFPLUG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $36.0M | $-148.6M |
| 自由现金流经营现金流 - 资本支出 | $17.0M | $-153.0M |
| 自由现金流率自由现金流/营收 | 4.9% | -67.9% |
| 资本支出强度资本支出/营收 | 5.5% | 1.9% |
| 现金转化率经营现金流/净利润 | 40.73× | — |
| 过去12个月自由现金流最近4个季度 | $83.1M | $-647.0M |
8季度趋势，按日历期对齐
经营现金流JJSFPLUG
| Q4 25 | $36.0M | $-148.6M | ||
| Q3 25 | $66.4M | $-89.8M | ||
| Q2 25 | $51.2M | $-191.8M | ||
| Q1 25 | $12.3M | $-105.6M | ||
| Q4 24 | $35.2M | $-131.2M | ||
| Q3 24 | $46.3M | $-174.9M | ||
| Q2 24 | $65.0M | $-254.7M | ||
| Q1 24 | $12.7M | $-167.7M |
自由现金流JJSFPLUG
| Q4 25 | $17.0M | $-153.0M | ||
| Q3 25 | $44.8M | $-117.5M | ||
| Q2 25 | $28.5M | $-230.4M | ||
| Q1 25 | $-7.2M | $-146.0M | ||
| Q4 24 | $16.1M | $-165.2M | ||
| Q3 24 | $29.1M | $-234.2M | ||
| Q2 24 | $45.3M | $-356.0M | ||
| Q1 24 | $-4.0M | $-260.3M |
自由现金流率JJSFPLUG
| Q4 25 | 4.9% | -67.9% | ||
| Q3 25 | 10.9% | -66.4% | ||
| Q2 25 | 6.3% | -132.5% | ||
| Q1 25 | -2.0% | -109.2% | ||
| Q4 24 | 4.4% | -86.3% | ||
| Q3 24 | 6.8% | -134.8% | ||
| Q2 24 | 10.3% | -248.4% | ||
| Q1 24 | -1.1% | -216.5% |
资本支出强度JJSFPLUG
| Q4 25 | 5.5% | 1.9% | ||
| Q3 25 | 5.3% | 15.6% | ||
| Q2 25 | 5.0% | 22.2% | ||
| Q1 25 | 5.5% | 30.3% | ||
| Q4 24 | 5.3% | 17.7% | ||
| Q3 24 | 4.0% | 34.1% | ||
| Q2 24 | 4.5% | 70.7% | ||
| Q1 24 | 4.6% | 77.0% |
现金转化率JJSFPLUG
| Q4 25 | 40.73× | — | ||
| Q3 25 | 5.84× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 2.55× | — | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.79× | — | ||
| Q1 24 | 0.96× | — |
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
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
