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JOINT Corp（JYNT）与LIGHTPATH TECHNOLOGIES INC（LPTH）财务数据对比。点击上方公司名可切换其他公司
LIGHTPATH TECHNOLOGIES INC的季度营收约是JOINT Corp的1.1倍（$16.4M vs $15.2M），JOINT Corp净利率更高（6.5% vs -57.5%，领先64.1%），LIGHTPATH TECHNOLOGIES INC同比增速更快（120.2% vs 3.1%），LIGHTPATH TECHNOLOGIES INC自由现金流更多（$2.0M vs $334.7K），过去两年LIGHTPATH TECHNOLOGIES INC的营收复合增速更高（45.7% vs -28.6%）
JOINT Corp是美国领先的脊椎按摩护理诊所运营方与特许经营商，主打高性价比的脊椎护理服务，推出会员制护理方案，面向寻求非侵入式肌肉骨骼疼痛管理及日常健康调理的消费者。
LightPath Technologies Inc是一家精密光学组件及组件生产商，主营非球面透镜、红外光学器件、光纤产品等，服务工业自动化、航空航天、国防、医疗成像、电信等领域的全球客户，提供标准及定制化光学解决方案。
JYNT vs LPTH — 直观对比
营收规模更大
LPTH
是对方的1.1倍
$15.2M
营收增速更快
LPTH
高出117.2%
3.1%
净利率更高
JYNT
高出64.1%
-57.5%
自由现金流更多
LPTH
多$1.6M
$334.7K
两年增速更快
LPTH
近两年复合增速
-28.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $15.2M | $16.4M |
| 净利润 | $991.1K | $-9.4M |
| 毛利率 | 81.4% | 36.8% |
| 营业利润率 | 4.9% | -52.6% |
| 净利率 | 6.5% | -57.5% |
| 营收同比 | 3.1% | 120.2% |
| 净利润同比 | 5510.5% | -260.1% |
| 每股收益（稀释后） | $0.06 | $-0.20 |
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JYNTLPTH
| Q4 25 | $15.2M | $16.4M | ||
| Q3 25 | $13.4M | $15.1M | ||
| Q2 25 | $13.3M | $12.2M | ||
| Q1 25 | $13.1M | $9.2M | ||
| Q4 24 | $14.7M | $7.4M | ||
| Q3 24 | $30.2M | $8.4M | ||
| Q2 24 | $30.3M | $8.6M | ||
| Q1 24 | $29.7M | $7.7M |
净利润JYNTLPTH
| Q4 25 | $991.1K | $-9.4M | ||
| Q3 25 | $855.0K | $-2.9M | ||
| Q2 25 | $93.4K | $-7.1M | ||
| Q1 25 | $967.8K | $-3.6M | ||
| Q4 24 | $17.7K | $-2.6M | ||
| Q3 24 | $-3.2M | $-1.6M | ||
| Q2 24 | $-3.6M | $-2.4M | ||
| Q1 24 | $947.0K | $-2.6M |
毛利率JYNTLPTH
| Q4 25 | 81.4% | 36.8% | ||
| Q3 25 | 80.1% | 29.8% | ||
| Q2 25 | 79.1% | 22.0% | ||
| Q1 25 | 77.3% | 29.1% | ||
| Q4 24 | 78.4% | 26.0% | ||
| Q3 24 | 90.7% | 33.9% | ||
| Q2 24 | 90.7% | 29.2% | ||
| Q1 24 | 90.9% | 20.9% |
营业利润率JYNTLPTH
| Q4 25 | 4.9% | -52.6% | ||
| Q3 25 | 1.2% | -16.6% | ||
| Q2 25 | -8.6% | -38.0% | ||
| Q1 25 | -5.2% | -36.3% | ||
| Q4 24 | 5.5% | -33.5% | ||
| Q3 24 | -1.6% | -16.4% | ||
| Q2 24 | -5.9% | -25.6% | ||
| Q1 24 | -1.4% | -33.6% |
净利率JYNTLPTH
| Q4 25 | 6.5% | -57.5% | ||
| Q3 25 | 6.4% | -19.2% | ||
| Q2 25 | 0.7% | -57.8% | ||
| Q1 25 | 7.4% | -39.1% | ||
| Q4 24 | 0.1% | -35.2% | ||
| Q3 24 | -10.5% | -19.3% | ||
| Q2 24 | -11.9% | -27.3% | ||
| Q1 24 | 3.2% | -33.7% |
每股收益（稀释后）JYNTLPTH
| Q4 25 | $0.06 | $-0.20 | ||
| Q3 25 | $0.06 | $-0.07 | ||
| Q2 25 | $0.01 | $0.19 | ||
| Q1 25 | $0.06 | $-0.44 | ||
| Q4 24 | $0.01 | $-0.07 | ||
| Q3 24 | $-0.21 | $-0.04 | ||
| Q2 24 | $-0.24 | $-0.15 | ||
| Q1 24 | $0.06 | $-0.07 |
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 | $23.6M | $73.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.1M | $77.9M |
| 总资产 | $61.0M | $148.6M |
| 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JYNTLPTH
| Q4 25 | $23.6M | $73.6M | ||
| Q3 25 | $29.7M | — | ||
| Q2 25 | $29.8M | $4.9M | ||
| Q1 25 | $21.9M | — | ||
| Q4 24 | $25.1M | — | ||
| Q3 24 | $20.7M | — | ||
| Q2 24 | $17.5M | — | ||
| Q1 24 | $18.7M | — |
总债务JYNTLPTH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $535.0K | ||
| Q1 24 | — | $599.4K |
股东权益JYNTLPTH
| Q4 25 | $15.1M | $77.9M | ||
| Q3 25 | $22.7M | $21.4M | ||
| Q2 25 | $23.2M | $15.6M | ||
| Q1 25 | $22.8M | $15.7M | ||
| Q4 24 | $20.7M | $26.7M | ||
| Q3 24 | $20.5M | $29.4M | ||
| Q2 24 | $23.2M | $30.2M | ||
| Q1 24 | $26.2M | $31.7M |
总资产JYNTLPTH
| Q4 25 | $61.0M | $148.6M | ||
| Q3 25 | $69.4M | $87.3M | ||
| Q2 25 | $73.2M | $81.5M | ||
| Q1 25 | $80.1M | $81.4M | ||
| Q4 24 | $83.2M | $45.8M | ||
| Q3 24 | $79.6M | $48.4M | ||
| Q2 24 | $82.4M | $48.1M | ||
| Q1 24 | $85.7M | $49.7M |
负债/权益比JYNTLPTH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | 0.02× |
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 | $1.8M | $2.8M |
| 自由现金流经营现金流 - 资本支出 | $334.7K | $2.0M |
| 自由现金流率自由现金流/营收 | 2.2% | 12.0% |
| 资本支出强度资本支出/营收 | 9.9% | 5.3% |
| 现金转化率经营现金流/净利润 | 1.86× | — |
| 过去12个月自由现金流最近4个季度 | $-1.9M | $-6.3M |
8季度趋势，按日历期对齐
经营现金流JYNTLPTH
| Q4 25 | $1.8M | $2.8M | ||
| Q3 25 | $1.8M | $-1.1M | ||
| Q2 25 | $868.6K | $-2.6M | ||
| Q1 25 | $-3.7M | $-3.2M | ||
| Q4 24 | $9.4M | $-737.4K | ||
| Q3 24 | $3.4M | $-1.7M | ||
| Q2 24 | $-973.5K | $64.7K | ||
| Q1 24 | $2.8M | $-394.2K |
自由现金流JYNTLPTH
| Q4 25 | $334.7K | $2.0M | ||
| Q3 25 | $1.5M | $-1.2M | ||
| Q2 25 | $363.6K | $-3.3M | ||
| Q1 25 | $-4.0M | $-3.7M | ||
| Q4 24 | $8.2M | $-817.8K | ||
| Q3 24 | $3.2M | $-1.8M | ||
| Q2 24 | $-1.2M | $-225.5K | ||
| Q1 24 | $2.4M | $-802.5K |
自由现金流率JYNTLPTH
| Q4 25 | 2.2% | 12.0% | ||
| Q3 25 | 10.9% | -8.1% | ||
| Q2 25 | 2.7% | -27.3% | ||
| Q1 25 | -30.8% | -40.0% | ||
| Q4 24 | 55.9% | -11.0% | ||
| Q3 24 | 10.6% | -21.2% | ||
| Q2 24 | -4.1% | -2.6% | ||
| Q1 24 | 8.1% | -10.4% |
资本支出强度JYNTLPTH
| Q4 25 | 9.9% | 5.3% | ||
| Q3 25 | 2.4% | 0.5% | ||
| Q2 25 | 3.8% | 5.6% | ||
| Q1 25 | 2.5% | 4.6% | ||
| Q4 24 | 8.1% | 1.1% | ||
| Q3 24 | 0.8% | 0.9% | ||
| Q2 24 | 0.9% | 3.4% | ||
| Q1 24 | 1.3% | 5.3% |
现金转化率JYNTLPTH
| Q4 25 | 1.86× | — | ||
| Q3 25 | 2.07× | — | ||
| Q2 25 | 9.30× | — | ||
| Q1 25 | -3.82× | — | ||
| Q4 24 | 532.98× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.97× | — |
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
JYNT
| Transferred At Point In Time | $12.8M | 84% |
| Transferred Over Time | $2.4M | 16% |
LPTH
| Other | $7.9M | 48% |
| Infrared Components | $5.0M | 31% |
| Visible Components | $3.4M | 21% |
