vs
Karat Packaging Inc.（KRT）与IMPINJ INC（PI）财务数据对比。点击上方公司名可切换其他公司
Karat Packaging Inc.的季度营收约是IMPINJ INC的1.6倍（$115.6M vs $74.3M），IMPINJ INC净利率更高（11.2% vs 5.9%，领先5.3%），Karat Packaging Inc.同比增速更快（13.7% vs -0.0%），Karat Packaging Inc.自由现金流更多（$15.1M vs $2.2M），过去两年Karat Packaging Inc.的营收复合增速更高（10.0% vs -14.9%）
Karat Packaging Inc.是专业一次性餐饮包装产品生产商及分销商，产品涵盖纸塑杯、食品容器、餐具、杯盖及定制品牌包装方案，主要服务北美地区的连锁餐厅、咖啡馆、餐饮服务商及零售食品客户。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
KRT vs PI — 直观对比
营收规模更大
KRT
是对方的1.6倍
$74.3M
营收增速更快
KRT
高出13.8%
-0.0%
净利率更高
PI
高出5.3%
5.9%
自由现金流更多
KRT
多$12.9M
$2.2M
两年增速更快
KRT
近两年复合增速
-14.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $115.6M | $74.3M |
| 净利润 | $6.8M | $8.3M |
| 毛利率 | 34.0% | 49.1% |
| 营业利润率 | 7.3% | 30.5% |
| 净利率 | 5.9% | 11.2% |
| 营收同比 | 13.7% | -0.0% |
| 净利润同比 | 21.3% | — |
| 每股收益（稀释后） | $0.34 | $0.14 |
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KRTPI
| Q1 26 | — | $74.3M | ||
| Q4 25 | $115.6M | $92.8M | ||
| Q3 25 | $124.5M | $96.1M | ||
| Q2 25 | $124.0M | $97.9M | ||
| Q1 25 | $103.6M | $74.3M | ||
| Q4 24 | $101.6M | $91.6M | ||
| Q3 24 | $112.8M | $95.2M | ||
| Q2 24 | $112.6M | $102.5M |
净利润KRTPI
| Q1 26 | — | $8.3M | ||
| Q4 25 | $6.8M | $-1.1M | ||
| Q3 25 | $7.3M | $-12.8M | ||
| Q2 25 | $10.9M | $11.6M | ||
| Q1 25 | $6.4M | $-8.5M | ||
| Q4 24 | $5.6M | $-2.7M | ||
| Q3 24 | $9.1M | $221.0K | ||
| Q2 24 | $9.1M | $10.0M |
毛利率KRTPI
| Q1 26 | — | 49.1% | ||
| Q4 25 | 34.0% | 51.8% | ||
| Q3 25 | 34.5% | 50.3% | ||
| Q2 25 | 39.6% | 57.8% | ||
| Q1 25 | 39.3% | 49.4% | ||
| Q4 24 | 39.2% | 50.5% | ||
| Q3 24 | 38.6% | 50.0% | ||
| Q2 24 | 38.5% | 56.1% |
营业利润率KRTPI
| Q1 26 | — | 30.5% | ||
| Q4 25 | 7.3% | -2.9% | ||
| Q3 25 | 6.9% | 0.7% | ||
| Q2 25 | 13.3% | 11.1% | ||
| Q1 25 | 7.5% | -12.9% | ||
| Q4 24 | 7.2% | -3.9% | ||
| Q3 24 | 10.0% | -0.8% | ||
| Q2 24 | 9.9% | 8.8% |
净利率KRTPI
| Q1 26 | — | 11.2% | ||
| Q4 25 | 5.9% | -1.2% | ||
| Q3 25 | 5.9% | -13.3% | ||
| Q2 25 | 8.8% | 11.8% | ||
| Q1 25 | 6.2% | -11.4% | ||
| Q4 24 | 5.5% | -2.9% | ||
| Q3 24 | 8.1% | 0.2% | ||
| Q2 24 | 8.1% | 9.7% |
每股收益（稀释后）KRTPI
| Q1 26 | — | $0.14 | ||
| Q4 25 | $0.34 | $-0.02 | ||
| Q3 25 | $0.36 | $-0.44 | ||
| Q2 25 | $0.54 | $0.39 | ||
| Q1 25 | $0.32 | $-0.30 | ||
| Q4 24 | $0.28 | $-0.06 | ||
| Q3 24 | $0.45 | $0.01 | ||
| Q2 24 | $0.45 | $0.34 |
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 | $37.9M | $131.8M |
| 总债务越低越好 | — | $241.5M |
| 股东权益账面价值 | $149.4M | — |
| 总资产 | $287.7M | $502.5M |
| 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KRTPI
| Q1 26 | — | $131.8M | ||
| Q4 25 | $37.9M | $175.3M | ||
| Q3 25 | $44.0M | $190.1M | ||
| Q2 25 | $57.0M | $193.2M | ||
| Q1 25 | $56.3M | $147.9M | ||
| Q4 24 | $59.9M | $164.7M | ||
| Q3 24 | $60.4M | $170.3M | ||
| Q2 24 | $52.1M | $220.2M |
总债务KRTPI
| Q1 26 | — | $241.5M | ||
| Q4 25 | — | $280.9M | ||
| Q3 25 | — | $280.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $283.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益KRTPI
| Q1 26 | — | — | ||
| Q4 25 | $149.4M | $209.2M | ||
| Q3 25 | $154.5M | $195.0M | ||
| Q2 25 | $155.8M | $187.7M | ||
| Q1 25 | $153.3M | $160.6M | ||
| Q4 24 | $155.6M | $149.9M | ||
| Q3 24 | $157.3M | $136.1M | ||
| Q2 24 | $157.7M | $117.0M |
总资产KRTPI
| Q1 26 | — | $502.5M | ||
| Q4 25 | $287.7M | $545.2M | ||
| Q3 25 | $302.8M | $516.5M | ||
| Q2 25 | $321.0M | $508.8M | ||
| Q1 25 | $312.2M | $479.8M | ||
| Q4 24 | $294.5M | $489.1M | ||
| Q3 24 | $306.8M | $476.4M | ||
| Q2 24 | $310.7M | $446.1M |
负债/权益比KRTPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.89× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $15.4M | — |
| 自由现金流经营现金流 - 资本支出 | $15.1M | $2.2M |
| 自由现金流率自由现金流/营收 | 13.1% | 3.0% |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | 2.26× | — |
| 过去12个月自由现金流最近4个季度 | $33.1M | $61.1M |
8季度趋势，按日历期对齐
经营现金流KRTPI
| Q1 26 | — | — | ||
| Q4 25 | $15.4M | $15.1M | ||
| Q3 25 | $982.0K | $20.9M | ||
| Q2 25 | $9.8M | $33.9M | ||
| Q1 25 | $7.7M | $-11.1M | ||
| Q4 24 | $8.3M | $12.6M | ||
| Q3 24 | $19.5M | $10.1M | ||
| Q2 24 | $13.7M | $45.5M |
自由现金流KRTPI
| Q1 26 | — | $2.2M | ||
| Q4 25 | $15.1M | $13.6M | ||
| Q3 25 | $736.0K | $18.0M | ||
| Q2 25 | $9.6M | $27.3M | ||
| Q1 25 | $7.6M | $-13.0M | ||
| Q4 24 | $8.0M | $8.5M | ||
| Q3 24 | $19.2M | $4.7M | ||
| Q2 24 | $13.4M | $44.1M |
自由现金流率KRTPI
| Q1 26 | — | 3.0% | ||
| Q4 25 | 13.1% | 14.7% | ||
| Q3 25 | 0.6% | 18.7% | ||
| Q2 25 | 7.7% | 27.9% | ||
| Q1 25 | 7.4% | -17.5% | ||
| Q4 24 | 7.9% | 9.3% | ||
| Q3 24 | 17.0% | 4.9% | ||
| Q2 24 | 11.9% | 43.0% |
资本支出强度KRTPI
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 1.6% | ||
| Q3 25 | 0.2% | 3.1% | ||
| Q2 25 | 0.1% | 6.7% | ||
| Q1 25 | 0.1% | 2.5% | ||
| Q4 24 | 0.2% | 4.5% | ||
| Q3 24 | 0.3% | 5.7% | ||
| Q2 24 | 0.2% | 1.3% |
现金转化率KRTPI
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | — | ||
| Q3 25 | 0.13× | — | ||
| Q2 25 | 0.89× | 2.93× | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | 2.14× | 45.56× | ||
| Q2 24 | 1.50× | 4.56× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
