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KVH INDUSTRIES INC \DE\（KVHI）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
REGIS CORP的季度营收约是KVH INDUSTRIES INC \DE\的1.9倍（$57.1M vs $30.5M），KVH INDUSTRIES INC \DE\净利率更高（1.1% vs 0.8%，领先0.3%），REGIS CORP同比增速更快（22.3% vs 13.4%），KVH INDUSTRIES INC \DE\自由现金流更多（$1.1M vs $891.0K），过去两年REGIS CORP的营收复合增速更高（7.8% 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。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
KVHI vs RGS — 直观对比
营收规模更大
RGS
是对方的1.9倍
$30.5M
营收增速更快
RGS
高出8.9%
13.4%
净利率更高
KVHI
高出0.3%
0.8%
自由现金流更多
KVHI
多$159.0K
$891.0K
两年增速更快
RGS
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $57.1M |
| 净利润 | $331.0K | $456.0K |
| 毛利率 | — | — |
| 营业利润率 | -3.0% | 10.8% |
| 净利率 | 1.1% | 0.8% |
| 营收同比 | 13.4% | 22.3% |
| 净利润同比 | 107.7% | -94.0% |
| 每股收益（稀释后） | $0.02 | $0.16 |
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KVHIRGS
| Q4 25 | $30.5M | $57.1M | ||
| Q3 25 | $28.5M | $59.0M | ||
| Q2 25 | $26.6M | $60.4M | ||
| Q1 25 | $25.4M | $57.0M | ||
| Q4 24 | $26.9M | $46.7M | ||
| Q3 24 | $29.0M | $46.1M | ||
| Q2 24 | $28.7M | $49.4M | ||
| Q1 24 | $29.3M | $49.2M |
净利润KVHIRGS
| Q4 25 | $331.0K | $456.0K | ||
| Q3 25 | $-6.9M | $1.4M | ||
| Q2 25 | $930.0K | $116.5M | ||
| Q1 25 | $-1.7M | $250.0K | ||
| Q4 24 | $-4.3M | $7.6M | ||
| Q3 24 | $-1.2M | $-853.0K | ||
| Q2 24 | $-2.4M | $91.2M | ||
| Q1 24 | $-3.2M | $-2.3M |
营业利润率KVHIRGS
| Q4 25 | -3.0% | 10.8% | ||
| Q3 25 | -26.8% | 10.0% | ||
| Q2 25 | -1.4% | 12.1% | ||
| Q1 25 | -8.8% | 8.8% | ||
| Q4 24 | -11.9% | 11.8% | ||
| Q3 24 | -6.9% | 4.6% | ||
| Q2 24 | -10.1% | — | ||
| Q1 24 | -13.0% | 8.3% |
净利率KVHIRGS
| Q4 25 | 1.1% | 0.8% | ||
| Q3 25 | -24.4% | 2.3% | ||
| Q2 25 | 3.5% | 192.9% | ||
| Q1 25 | -6.7% | 0.4% | ||
| Q4 24 | -16.0% | 16.4% | ||
| Q3 24 | -4.1% | -1.9% | ||
| Q2 24 | -8.3% | 184.7% | ||
| Q1 24 | -10.8% | -4.7% |
每股收益（稀释后）KVHIRGS
| Q4 25 | $0.02 | $0.16 | ||
| Q3 25 | $-0.36 | $0.49 | ||
| Q2 25 | $0.05 | $43.67 | ||
| Q1 25 | $-0.09 | $0.08 | ||
| Q4 24 | $-0.23 | $2.71 | ||
| Q3 24 | $-0.06 | $-0.36 | ||
| Q2 24 | $-0.12 | $38.40 | ||
| Q1 24 | $-0.16 | $-1.00 |
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 | $18.4M |
| 总债务越低越好 | — | $113.3M |
| 股东权益账面价值 | $131.0M | $188.7M |
| 总资产 | $151.5M | $588.3M |
| 负债/权益比越低杠杆越低 | — | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资KVHIRGS
| Q4 25 | $69.9M | $18.4M | ||
| Q3 25 | $72.8M | $16.6M | ||
| Q2 25 | $55.9M | $17.0M | ||
| Q1 25 | $48.6M | $13.3M | ||
| Q4 24 | $50.6M | $10.2M | ||
| Q3 24 | $49.8M | $6.3M | ||
| Q2 24 | $49.3M | $10.1M | ||
| Q1 24 | $66.6M | $5.9M |
总债务KVHIRGS
| Q4 25 | — | $113.3M | ||
| Q3 25 | — | $111.3M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $112.0M | ||
| Q4 24 | — | $111.5M | ||
| Q3 24 | — | $95.2M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $179.7M |
股东权益KVHIRGS
| Q4 25 | $131.0M | $188.7M | ||
| Q3 25 | $131.0M | $187.6M | ||
| Q2 25 | $138.4M | $185.6M | ||
| Q1 25 | $137.8M | $68.6M | ||
| Q4 24 | $138.6M | $66.7M | ||
| Q3 24 | $142.7M | $56.4M | ||
| Q2 24 | $143.4M | $56.8M | ||
| Q1 24 | $145.1M | $-35.8M |
总资产KVHIRGS
| Q4 25 | $151.5M | $588.3M | ||
| Q3 25 | $150.3M | $592.1M | ||
| Q2 25 | $152.0M | $599.0M | ||
| Q1 25 | $151.4M | $511.2M | ||
| Q4 24 | $155.1M | $530.1M | ||
| Q3 24 | $166.7M | $508.9M | ||
| Q2 24 | $168.9M | $530.5M | ||
| Q1 24 | $168.4M | $543.7M |
负债/权益比KVHIRGS
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 1.75× | ||
| Q1 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 | $3.4M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $1.1M | $891.0K |
| 自由现金流率自由现金流/营收 | 3.4% | 1.6% |
| 资本支出强度资本支出/营收 | 7.7% | 1.4% |
| 现金转化率经营现金流/净利润 | 10.25× | 3.65× |
| 过去12个月自由现金流最近4个季度 | $9.8M | $14.9M |
8季度趋势，按日历期对齐
经营现金流KVHIRGS
| Q4 25 | $3.4M | $1.7M | ||
| Q3 25 | $9.9M | $2.3M | ||
| Q2 25 | $5.1M | $6.8M | ||
| Q1 25 | $-1.3M | $6.2M | ||
| Q4 24 | $403.0K | $2.1M | ||
| Q3 24 | $1.9M | $-1.3M | ||
| Q2 24 | $-14.7M | $5.1M | ||
| Q1 24 | $-792.0K | $-277.0K |
自由现金流KVHIRGS
| Q4 25 | $1.1M | $891.0K | ||
| Q3 25 | $8.4M | $1.9M | ||
| Q2 25 | $2.7M | $6.2M | ||
| Q1 25 | $-2.4M | $5.9M | ||
| Q4 24 | $-444.0K | $1.7M | ||
| Q3 24 | $419.0K | $-1.4M | ||
| Q2 24 | $-17.4M | $5.1M | ||
| Q1 24 | $-3.2M | $-326.0K |
自由现金流率KVHIRGS
| Q4 25 | 3.4% | 1.6% | ||
| Q3 25 | 29.5% | 3.2% | ||
| Q2 25 | 10.3% | 10.3% | ||
| Q1 25 | -9.5% | 10.3% | ||
| Q4 24 | -1.6% | 3.6% | ||
| Q3 24 | 1.4% | -3.0% | ||
| Q2 24 | -60.6% | 10.3% | ||
| Q1 24 | -10.9% | -0.7% |
资本支出强度KVHIRGS
| Q4 25 | 7.7% | 1.4% | ||
| Q3 25 | 5.3% | 0.7% | ||
| Q2 25 | 8.8% | 0.9% | ||
| Q1 25 | 4.5% | 0.6% | ||
| Q4 24 | 3.1% | 0.9% | ||
| Q3 24 | 5.1% | 0.0% | ||
| Q2 24 | 9.4% | 0.0% | ||
| Q1 24 | 8.2% | 0.1% |
现金转化率KVHIRGS
| Q4 25 | 10.25× | 3.65× | ||
| Q3 25 | — | 1.68× | ||
| Q2 25 | 5.48× | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.06× | ||
| 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% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
