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KVH INDUSTRIES INC \DE\（KVHI）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
KVH INDUSTRIES INC \DE\的季度营收约是Rumble Inc.的1.1倍（$30.5M vs $27.1M），KVH INDUSTRIES INC \DE\净利率更高（1.1% vs -120.8%，领先121.9%），KVH INDUSTRIES INC \DE\同比增速更快（13.4% vs -10.5%），KVH INDUSTRIES INC \DE\自由现金流更多（$1.1M vs $-31.7M），过去两年Rumble Inc.的营收复合增速更高（15.2% 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。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
KVHI vs RUM — 直观对比
营收规模更大
KVHI
是对方的1.1倍
$27.1M
营收增速更快
KVHI
高出23.8%
-10.5%
净利率更高
KVHI
高出121.9%
-120.8%
自由现金流更多
KVHI
多$32.8M
$-31.7M
两年增速更快
RUM
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $27.1M |
| 净利润 | $331.0K | $-32.7M |
| 毛利率 | — | 5.5% |
| 营业利润率 | -3.0% | -131.1% |
| 净利率 | 1.1% | -120.8% |
| 营收同比 | 13.4% | -10.5% |
| 净利润同比 | 107.7% | 86.2% |
| 每股收益（稀释后） | $0.02 | $-0.13 |
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KVHIRUM
| Q4 25 | $30.5M | $27.1M | ||
| Q3 25 | $28.5M | $24.8M | ||
| Q2 25 | $26.6M | — | ||
| Q1 25 | $25.4M | $23.7M | ||
| Q4 24 | $26.9M | $30.2M | ||
| Q3 24 | $29.0M | $25.1M | ||
| Q2 24 | $28.7M | $22.5M | ||
| Q1 24 | $29.3M | $17.7M |
净利润KVHIRUM
| Q4 25 | $331.0K | $-32.7M | ||
| Q3 25 | $-6.9M | $-16.3M | ||
| Q2 25 | $930.0K | — | ||
| Q1 25 | $-1.7M | $-2.7M | ||
| Q4 24 | $-4.3M | $-236.8M | ||
| Q3 24 | $-1.2M | $-31.5M | ||
| Q2 24 | $-2.4M | $-26.8M | ||
| Q1 24 | $-3.2M | $-43.3M |
毛利率KVHIRUM
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
营业利润率KVHIRUM
| Q4 25 | -3.0% | -131.1% | ||
| Q3 25 | -26.8% | -113.6% | ||
| Q2 25 | -1.4% | — | ||
| Q1 25 | -8.8% | -153.5% | ||
| Q4 24 | -11.9% | -80.1% | ||
| Q3 24 | -6.9% | -131.0% | ||
| Q2 24 | -10.1% | -172.7% | ||
| Q1 24 | -13.0% | -197.4% |
净利率KVHIRUM
| Q4 25 | 1.1% | -120.8% | ||
| Q3 25 | -24.4% | -65.7% | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | -6.7% | -11.2% | ||
| Q4 24 | -16.0% | -783.2% | ||
| Q3 24 | -4.1% | -125.9% | ||
| Q2 24 | -8.3% | -119.2% | ||
| Q1 24 | -10.8% | -244.1% |
每股收益（稀释后）KVHIRUM
| Q4 25 | $0.02 | $-0.13 | ||
| Q3 25 | $-0.36 | $-0.06 | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | $-0.09 | $-0.01 | ||
| Q4 24 | $-0.23 | $-1.17 | ||
| Q3 24 | $-0.06 | $-0.15 | ||
| Q2 24 | $-0.12 | $-0.13 | ||
| Q1 24 | $-0.16 | $-0.21 |
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 | $237.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $131.0M | $274.8M |
| 总资产 | $151.5M | $336.8M |
| 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KVHIRUM
| Q4 25 | $69.9M | $237.9M | ||
| Q3 25 | $72.8M | $269.8M | ||
| Q2 25 | $55.9M | — | ||
| Q1 25 | $48.6M | $301.3M | ||
| Q4 24 | $50.6M | $114.0M | ||
| Q3 24 | $49.8M | $132.0M | ||
| Q2 24 | $49.3M | $154.2M | ||
| Q1 24 | $66.6M | $183.8M |
股东权益KVHIRUM
| Q4 25 | $131.0M | $274.8M | ||
| Q3 25 | $131.0M | $302.2M | ||
| Q2 25 | $138.4M | — | ||
| Q1 25 | $137.8M | $339.6M | ||
| Q4 24 | $138.6M | $-63.1M | ||
| Q3 24 | $142.7M | $166.1M | ||
| Q2 24 | $143.4M | $192.7M | ||
| Q1 24 | $145.1M | $210.7M |
总资产KVHIRUM
| Q4 25 | $151.5M | $336.8M | ||
| Q3 25 | $150.3M | $367.2M | ||
| Q2 25 | $152.0M | — | ||
| Q1 25 | $151.4M | $391.1M | ||
| Q4 24 | $155.1M | $195.3M | ||
| Q3 24 | $166.7M | $217.2M | ||
| Q2 24 | $168.9M | $243.2M | ||
| Q1 24 | $168.4M | $263.0M |
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 | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $1.1M | $-31.7M |
| 自由现金流率自由现金流/营收 | 3.4% | -117.2% |
| 资本支出强度资本支出/营收 | 7.7% | 8.5% |
| 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 | $-70.8M |
8季度趋势，按日历期对齐
经营现金流KVHIRUM
| Q4 25 | $3.4M | $-29.4M | ||
| Q3 25 | $9.9M | $-10.6M | ||
| Q2 25 | $5.1M | — | ||
| Q1 25 | $-1.3M | $-14.5M | ||
| Q4 24 | $403.0K | $-12.4M | ||
| Q3 24 | $1.9M | $-19.1M | ||
| Q2 24 | $-14.7M | $-21.7M | ||
| Q1 24 | $-792.0K | $-33.9M |
自由现金流KVHIRUM
| Q4 25 | $1.1M | $-31.7M | ||
| Q3 25 | $8.4M | $-12.0M | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $-2.4M | $-14.6M | ||
| Q4 24 | $-444.0K | $-12.4M | ||
| Q3 24 | $419.0K | $-19.9M | ||
| Q2 24 | $-17.4M | $-23.1M | ||
| Q1 24 | $-3.2M | $-34.3M |
自由现金流率KVHIRUM
| Q4 25 | 3.4% | -117.2% | ||
| Q3 25 | 29.5% | -48.6% | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | -9.5% | -61.7% | ||
| Q4 24 | -1.6% | -40.9% | ||
| Q3 24 | 1.4% | -79.5% | ||
| Q2 24 | -60.6% | -102.8% | ||
| Q1 24 | -10.9% | -193.3% |
资本支出强度KVHIRUM
| Q4 25 | 7.7% | 8.5% | ||
| Q3 25 | 5.3% | 5.7% | ||
| Q2 25 | 8.8% | — | ||
| Q1 25 | 4.5% | 0.6% | ||
| Q4 24 | 3.1% | 0.1% | ||
| Q3 24 | 5.1% | 3.4% | ||
| Q2 24 | 9.4% | 6.1% | ||
| Q1 24 | 8.2% | 2.4% |
现金转化率KVHIRUM
| 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% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
