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KVH INDUSTRIES INC \DE\（KVHI）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是KVH INDUSTRIES INC \DE\的1.6倍（$50.3M vs $30.5M），KVH INDUSTRIES INC \DE\净利率更高（1.1% vs -5.1%，领先6.2%），KVH INDUSTRIES INC \DE\同比增速更快（13.4% vs -14.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $1.1M），过去两年READING INTERNATIONAL INC的营收复合增速更高（5.6% vs 2.1%）
KVH工业公司是一家专注于惯性导航系统、卫星通信解决方案及运动传感产品研发、生产与销售的全球化科技企业，核心客户覆盖航空航天、国防、海事运输、自动驾驶等领域，业务遍及北美、欧洲及亚太地区。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
KVHI vs RDI — 直观对比
营收规模更大
RDI
是对方的1.6倍
$30.5M
营收增速更快
KVHI
高出27.6%
-14.2%
净利率更高
KVHI
高出6.2%
-5.1%
自由现金流更多
RDI
多$3.1M
$1.1M
两年增速更快
RDI
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $50.3M |
| 净利润 | $331.0K | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | -3.0% | -1.9% |
| 净利率 | 1.1% | -5.1% |
| 营收同比 | 13.4% | -14.2% |
| 净利润同比 | 107.7% | -14.5% |
| 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KVHIRDI
| Q4 25 | $30.5M | $50.3M | ||
| Q3 25 | $28.5M | $52.2M | ||
| Q2 25 | $26.6M | $60.4M | ||
| Q1 25 | $25.4M | $40.2M | ||
| Q4 24 | $26.9M | $58.6M | ||
| Q3 24 | $29.0M | $60.1M | ||
| Q2 24 | $28.7M | $46.8M | ||
| Q1 24 | $29.3M | $45.1M |
净利润KVHIRDI
| Q4 25 | $331.0K | $-2.6M | ||
| Q3 25 | $-6.9M | $-4.2M | ||
| Q2 25 | $930.0K | $-2.7M | ||
| Q1 25 | $-1.7M | $-4.8M | ||
| Q4 24 | $-4.3M | $-2.2M | ||
| Q3 24 | $-1.2M | $-7.0M | ||
| Q2 24 | $-2.4M | $-12.8M | ||
| Q1 24 | $-3.2M | $-13.2M |
营业利润率KVHIRDI
| Q4 25 | -3.0% | -1.9% | ||
| Q3 25 | -26.8% | -0.6% | ||
| Q2 25 | -1.4% | 4.8% | ||
| Q1 25 | -8.8% | -17.2% | ||
| Q4 24 | -11.9% | 2.6% | ||
| Q3 24 | -6.9% | -0.6% | ||
| Q2 24 | -10.1% | -16.4% | ||
| Q1 24 | -13.0% | -16.7% |
净利率KVHIRDI
| Q4 25 | 1.1% | -5.1% | ||
| Q3 25 | -24.4% | -8.0% | ||
| Q2 25 | 3.5% | -4.4% | ||
| Q1 25 | -6.7% | -11.8% | ||
| Q4 24 | -16.0% | -3.8% | ||
| Q3 24 | -4.1% | -11.7% | ||
| Q2 24 | -8.3% | -27.4% | ||
| Q1 24 | -10.8% | -29.4% |
每股收益（稀释后）KVHIRDI
| Q4 25 | $0.02 | $-0.11 | ||
| Q3 25 | $-0.36 | $-0.18 | ||
| Q2 25 | $0.05 | $-0.12 | ||
| Q1 25 | $-0.09 | $-0.21 | ||
| Q4 24 | $-0.23 | $-0.11 | ||
| Q3 24 | $-0.06 | $-0.31 | ||
| Q2 24 | $-0.12 | $-0.57 | ||
| Q1 24 | $-0.16 | $-0.59 |
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 | $69.9M | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $131.0M | $-18.2M |
| 总资产 | $151.5M | $434.9M |
| 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KVHIRDI
| Q4 25 | $69.9M | $10.5M | ||
| Q3 25 | $72.8M | $8.1M | ||
| Q2 25 | $55.9M | $9.1M | ||
| Q1 25 | $48.6M | $5.9M | ||
| Q4 24 | $50.6M | $12.4M | ||
| Q3 24 | $49.8M | $10.1M | ||
| Q2 24 | $49.3M | $9.3M | ||
| Q1 24 | $66.6M | $7.5M |
总债务KVHIRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益KVHIRDI
| Q4 25 | $131.0M | $-18.2M | ||
| Q3 25 | $131.0M | $-12.1M | ||
| Q2 25 | $138.4M | $-7.7M | ||
| Q1 25 | $137.8M | $-8.1M | ||
| Q4 24 | $138.6M | $-4.4M | ||
| Q3 24 | $142.7M | $1.6M | ||
| Q2 24 | $143.4M | $6.5M | ||
| Q1 24 | $145.1M | $18.0M |
总资产KVHIRDI
| Q4 25 | $151.5M | $434.9M | ||
| Q3 25 | $150.3M | $435.2M | ||
| Q2 25 | $152.0M | $438.1M | ||
| Q1 25 | $151.4M | $441.0M | ||
| Q4 24 | $155.1M | $471.0M | ||
| Q3 24 | $166.7M | $495.7M | ||
| Q2 24 | $168.9M | $494.9M | ||
| Q1 24 | $168.4M | $494.9M |
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 | $3.4M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $1.1M | $4.1M |
| 自由现金流率自由现金流/营收 | 3.4% | 8.2% |
| 资本支出强度资本支出/营收 | 7.7% | 0.3% |
| 现金转化率经营现金流/净利润 | 10.25× | — |
| 过去12个月自由现金流最近4个季度 | $9.8M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流KVHIRDI
| Q4 25 | $3.4M | $4.3M | ||
| Q3 25 | $9.9M | $295.0K | ||
| Q2 25 | $5.1M | $1.6M | ||
| Q1 25 | $-1.3M | $-7.7M | ||
| Q4 24 | $403.0K | $8.0M | ||
| Q3 24 | $1.9M | $1.3M | ||
| Q2 24 | $-14.7M | $-10.4M | ||
| Q1 24 | $-792.0K | $-2.8M |
自由现金流KVHIRDI
| Q4 25 | $1.1M | $4.1M | ||
| Q3 25 | $8.4M | $-246.0K | ||
| Q2 25 | $2.7M | $1.2M | ||
| Q1 25 | $-2.4M | $-8.0M | ||
| Q4 24 | $-444.0K | $7.0M | ||
| Q3 24 | $419.0K | $-1.1M | ||
| Q2 24 | $-17.4M | $-10.6M | ||
| Q1 24 | $-3.2M | $-4.7M |
自由现金流率KVHIRDI
| Q4 25 | 3.4% | 8.2% | ||
| Q3 25 | 29.5% | -0.5% | ||
| Q2 25 | 10.3% | 1.9% | ||
| Q1 25 | -9.5% | -19.8% | ||
| Q4 24 | -1.6% | 12.0% | ||
| Q3 24 | 1.4% | -1.8% | ||
| Q2 24 | -60.6% | -22.7% | ||
| Q1 24 | -10.9% | -10.4% |
资本支出强度KVHIRDI
| Q4 25 | 7.7% | 0.3% | ||
| Q3 25 | 5.3% | 1.0% | ||
| Q2 25 | 8.8% | 0.6% | ||
| Q1 25 | 4.5% | 0.6% | ||
| Q4 24 | 3.1% | 1.7% | ||
| Q3 24 | 5.1% | 4.0% | ||
| Q2 24 | 9.4% | 0.5% | ||
| Q1 24 | 8.2% | 4.3% |
现金转化率KVHIRDI
| Q4 25 | 10.25× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.48× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
KVHI
| Services | $28.3M | 93% |
| Products | $2.2M | 7% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
