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KKR Real Estate Finance Trust Inc.（KREF）与EVERSPIN TECHNOLOGIES INC.（MRAM）财务数据对比。点击上方公司名可切换其他公司
KKR Real Estate Finance Trust Inc.的季度营收约是EVERSPIN TECHNOLOGIES INC.的1.7倍（$25.8M vs $14.9M），EVERSPIN TECHNOLOGIES INC.净利率更高（-2.0% vs -101.7%，领先99.8%），EVERSPIN TECHNOLOGIES INC.同比增速更快（13.2% vs -26.6%），过去两年EVERSPIN TECHNOLOGIES INC.的营收复合增速更高（18.2% vs -18.8%）
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
Everspin Technologies是一家总部位于美国亚利桑那州钱德勒的上市半导体企业，核心业务为研发生产磁阻随机存取存储器（MRAM）产品，涵盖Toggle MRAM与自旋转移矩MRAM两大产品系列，同时也对外授权嵌入式MRAM、磁传感器相关技术，并提供嵌入式MRAM后道代工服务。
KREF vs MRAM — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $14.9M |
| 净利润 | $-26.2M | $-296.0K |
| 毛利率 | — | 52.7% |
| 营业利润率 | -105.1% | 29.0% |
| 净利率 | -101.7% | -2.0% |
| 营收同比 | -26.6% | 13.2% |
| 净利润同比 | -229.6% | — |
| 每股收益（稀释后） | $-0.49 | $-0.01 |
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
| Q1 26 | — | $14.9M | ||
| Q4 25 | $25.8M | $14.8M | ||
| Q3 25 | $25.3M | $14.1M | ||
| Q2 25 | $30.2M | $13.2M | ||
| Q1 25 | $31.3M | $13.1M | ||
| Q4 24 | $35.1M | $13.2M | ||
| Q3 24 | $37.0M | $12.1M | ||
| Q2 24 | $40.4M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $-26.2M | $1.2M | ||
| Q3 25 | $13.8M | $54.0K | ||
| Q2 25 | $-29.7M | $-670.0K | ||
| Q1 25 | $-4.9M | $-1.2M | ||
| Q4 24 | $20.3M | $1.2M | ||
| Q3 24 | $-7.4M | $2.3M | ||
| Q2 24 | $25.8M | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 50.8% | ||
| Q3 25 | — | 51.3% | ||
| Q2 25 | — | 51.3% | ||
| Q1 25 | — | 51.4% | ||
| Q4 24 | — | 51.3% | ||
| Q3 24 | — | 49.2% | ||
| Q2 24 | — | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | -105.1% | -7.2% | ||
| Q3 25 | 50.4% | -11.0% | ||
| Q2 25 | -101.3% | -14.9% | ||
| Q1 25 | -18.3% | -14.7% | ||
| Q4 24 | 55.8% | -11.8% | ||
| Q3 24 | -19.6% | -17.5% | ||
| Q2 24 | 63.3% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | -101.7% | 8.1% | ||
| Q3 25 | 54.4% | 0.4% | ||
| Q2 25 | -98.5% | -5.1% | ||
| Q1 25 | -15.5% | -8.9% | ||
| Q4 24 | 57.7% | 9.2% | ||
| Q3 24 | -20.0% | 18.8% | ||
| Q2 24 | 63.9% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $-0.49 | $0.05 | ||
| Q3 25 | $0.12 | $0.00 | ||
| Q2 25 | $-0.53 | $-0.03 | ||
| Q1 25 | $-0.15 | $-0.05 | ||
| Q4 24 | $0.22 | $0.07 | ||
| Q3 24 | $-0.19 | $0.10 | ||
| Q2 24 | $0.29 | $-0.12 |
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 | $84.6M | $40.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $70.2M |
| 总资产 | $6.5B | $83.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $40.5M | ||
| Q4 25 | $84.6M | $44.5M | ||
| Q3 25 | $204.1M | $45.3M | ||
| Q2 25 | $107.7M | $45.0M | ||
| Q1 25 | $106.4M | $42.2M | ||
| Q4 24 | $104.9M | $42.1M | ||
| Q3 24 | $108.8M | $39.6M | ||
| Q2 24 | $107.2M | $36.8M |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $1.2B | $68.9M | ||
| Q3 25 | $1.2B | $65.8M | ||
| Q2 25 | $1.2B | $64.1M | ||
| Q1 25 | $1.3B | $63.0M | ||
| Q4 24 | $1.3B | $62.6M | ||
| Q3 24 | $1.4B | $59.3M | ||
| Q2 24 | $1.4B | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $6.5B | $84.6M | ||
| Q3 25 | $6.5B | $80.3M | ||
| Q2 25 | $6.8B | $78.9M | ||
| Q1 25 | $6.6B | $80.2M | ||
| Q4 24 | $6.4B | $77.8M | ||
| Q3 24 | $6.8B | $72.6M | ||
| Q2 24 | $7.1B | $64.6M |
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 | $72.3M | $570.0K |
| 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 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $570.0K | ||
| Q4 25 | $72.3M | $2.6M | ||
| Q3 25 | $18.5M | $881.0K | ||
| Q2 25 | $21.1M | $5.0M | ||
| Q1 25 | $15.9M | $1.4M | ||
| Q4 24 | $132.6M | $3.8M | ||
| Q3 24 | $49.1M | $2.8M | ||
| Q2 24 | $30.6M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-975.0K | ||
| Q3 25 | — | $543.0K | ||
| Q2 25 | — | $3.0M | ||
| Q1 25 | — | $527.0K | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $2.8M | ||
| Q2 24 | — | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | -6.6% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 22.9% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | 6.9% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.19× | ||
| Q3 25 | 1.34× | 16.31× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.54× | 3.16× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | 1.19× | — |
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
KREF
暂无分部数据
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
