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KVH INDUSTRIES INC \DE\（KVHI）与REDWOOD TRUST INC（RWT）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REDWOOD TRUST INC的1.2倍（$30.5M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs 1.1%，领先76.1%），KVH INDUSTRIES INC \DE\同比增速更快（13.4% vs -6.1%），过去两年KVH INDUSTRIES INC \DE\的营收复合增速更高（2.1% vs -41.0%）
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。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
KVHI vs RWT — 直观对比
营收规模更大
KVHI
是对方的1.2倍
$25.9M
营收增速更快
KVHI
高出19.5%
-6.1%
净利率更高
RWT
高出76.1%
1.1%
两年增速更快
KVHI
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $25.9M |
| 净利润 | $331.0K | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | -3.0% | — |
| 净利率 | 1.1% | 77.2% |
| 营收同比 | 13.4% | -6.1% |
| 净利润同比 | 107.7% | 402.6% |
| 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KVHIRWT
| Q4 25 | $30.5M | $25.9M | ||
| Q3 25 | $28.5M | $15.0M | ||
| Q2 25 | $26.6M | $13.8M | ||
| Q1 25 | $25.4M | $27.9M | ||
| Q4 24 | $26.9M | $27.6M | ||
| Q3 24 | $29.0M | $25.5M | ||
| Q2 24 | $28.7M | $67.4M | ||
| Q1 24 | $29.3M | $74.5M |
净利润KVHIRWT
| Q4 25 | $331.0K | $20.0M | ||
| Q3 25 | $-6.9M | $-7.7M | ||
| Q2 25 | $930.0K | $-98.5M | ||
| Q1 25 | $-1.7M | $16.1M | ||
| Q4 24 | $-4.3M | $-6.6M | ||
| Q3 24 | $-1.2M | $14.8M | ||
| Q2 24 | $-2.4M | $15.5M | ||
| Q1 24 | $-3.2M | $30.3M |
营业利润率KVHIRWT
| Q4 25 | -3.0% | — | ||
| Q3 25 | -26.8% | -9.0% | ||
| Q2 25 | -1.4% | -679.0% | ||
| Q1 25 | -8.8% | 80.2% | ||
| Q4 24 | -11.9% | -1.3% | ||
| Q3 24 | -6.9% | 86.1% | ||
| Q2 24 | -10.1% | 30.3% | ||
| Q1 24 | -13.0% | 41.3% |
净利率KVHIRWT
| Q4 25 | 1.1% | 77.2% | ||
| Q3 25 | -24.4% | -51.4% | ||
| Q2 25 | 3.5% | -712.0% | ||
| Q1 25 | -6.7% | 57.8% | ||
| Q4 24 | -16.0% | -24.0% | ||
| Q3 24 | -4.1% | 58.1% | ||
| Q2 24 | -8.3% | 23.0% | ||
| Q1 24 | -10.8% | 40.6% |
每股收益（稀释后）KVHIRWT
| Q4 25 | $0.02 | $0.11 | ||
| Q3 25 | $-0.36 | $-0.08 | ||
| Q2 25 | $0.05 | $-0.76 | ||
| Q1 25 | $-0.09 | $0.10 | ||
| Q4 24 | $-0.23 | $-0.08 | ||
| Q3 24 | $-0.06 | $0.09 | ||
| Q2 24 | $-0.12 | $0.10 | ||
| 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 | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $131.0M | $982.6M |
| 总资产 | $151.5M | $23.7B |
| 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KVHIRWT
| Q4 25 | $69.9M | $255.7M | ||
| Q3 25 | $72.8M | $226.3M | ||
| Q2 25 | $55.9M | $302.0M | ||
| Q1 25 | $48.6M | $259.9M | ||
| Q4 24 | $50.6M | $245.2M | ||
| Q3 24 | $49.8M | $253.7M | ||
| Q2 24 | $49.3M | $275.6M | ||
| Q1 24 | $66.6M | $275.4M |
总债务KVHIRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益KVHIRWT
| Q4 25 | $131.0M | $982.6M | ||
| Q3 25 | $131.0M | $999.0M | ||
| Q2 25 | $138.4M | $1.1B | ||
| Q1 25 | $137.8M | $1.2B | ||
| Q4 24 | $138.6M | $1.2B | ||
| Q3 24 | $142.7M | $1.2B | ||
| Q2 24 | $143.4M | $1.2B | ||
| Q1 24 | $145.1M | $1.2B |
总资产KVHIRWT
| Q4 25 | $151.5M | $23.7B | ||
| Q3 25 | $150.3M | $22.6B | ||
| Q2 25 | $152.0M | $21.3B | ||
| Q1 25 | $151.4M | $19.9B | ||
| Q4 24 | $155.1M | $18.3B | ||
| Q3 24 | $166.7M | $18.4B | ||
| Q2 24 | $168.9M | $16.5B | ||
| Q1 24 | $168.4M | $15.1B |
负债/权益比KVHIRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $1.1M | — |
| 自由现金流率自由现金流/营收 | 3.4% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | 10.25× | -504.15× |
| 过去12个月自由现金流最近4个季度 | $9.8M | — |
8季度趋势，按日历期对齐
经营现金流KVHIRWT
| Q4 25 | $3.4M | $-10.1B | ||
| Q3 25 | $9.9M | $-2.7B | ||
| Q2 25 | $5.1M | $-2.1B | ||
| Q1 25 | $-1.3M | $-2.0B | ||
| Q4 24 | $403.0K | $-5.9B | ||
| Q3 24 | $1.9M | $-2.1B | ||
| Q2 24 | $-14.7M | $-2.0B | ||
| Q1 24 | $-792.0K | $-954.2M |
自由现金流KVHIRWT
| Q4 25 | $1.1M | — | ||
| Q3 25 | $8.4M | — | ||
| Q2 25 | $2.7M | — | ||
| Q1 25 | $-2.4M | — | ||
| Q4 24 | $-444.0K | — | ||
| Q3 24 | $419.0K | — | ||
| Q2 24 | $-17.4M | — | ||
| Q1 24 | $-3.2M | — |
自由现金流率KVHIRWT
| Q4 25 | 3.4% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | -9.5% | — | ||
| Q4 24 | -1.6% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | -60.6% | — | ||
| Q1 24 | -10.9% | — |
资本支出强度KVHIRWT
| Q4 25 | 7.7% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 8.8% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 5.1% | — | ||
| Q2 24 | 9.4% | — | ||
| Q1 24 | 8.2% | — |
现金转化率KVHIRWT
| Q4 25 | 10.25× | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.48× | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
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% |
RWT
暂无分部数据
