vs
阿帕奇（LASE）与Palladyne AI Corp.（PDYN）财务数据对比。点击上方公司名可切换其他公司
Palladyne AI Corp.的季度营收约是阿帕奇的1.8倍（$1.7M vs $919.3K），Palladyne AI Corp.净利率更高（-89.9% vs -506.4%，领先416.6%），Palladyne AI Corp.同比增速更快（118.3% vs 28.3%），过去两年阿帕奇的营收复合增速更高（-3.9% vs -30.5%）
IPG光子公司是光纤激光器制造商，研发并商业化推广光纤激光器产品，其产品广泛应用于材料加工、医疗、电信等多个领域，目前在美国、德国、俄罗斯和意大利均设有生产基地。
Palladyne AI Corp是一家美国企业，其前身1983年成立时名为萨科斯研究公司，企业长期以来以机器人开发为核心业务。2023年，公司调整业务方向，专注开发适用于机器人场景的人工智能软件，终止了硬件业务，并于2024年3月正式更名为现用名。
LASE vs PDYN — 直观对比
营收规模更大
PDYN
是对方的1.8倍
$919.3K
营收增速更快
PDYN
高出90.0%
28.3%
净利率更高
PDYN
高出416.6%
-506.4%
两年增速更快
LASE
近两年复合增速
-30.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $919.3K | $1.7M |
| 净利润 | $-4.7M | $-1.5M |
| 毛利率 | -20.1% | 15.6% |
| 营业利润率 | -350.0% | -560.7% |
| 净利率 | -506.4% | -89.9% |
| 营收同比 | 28.3% | 118.3% |
| 净利润同比 | -186.5% | 97.2% |
| 每股收益（稀释后） | $-0.27 | $-0.02 |
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LASEPDYN
| Q4 25 | — | $1.7M | ||
| Q3 25 | $919.3K | $860.0K | ||
| Q2 25 | $2.6M | $1.0M | ||
| Q1 25 | $2.3M | $1.7M | ||
| Q4 24 | $1.3M | $761.0K | ||
| Q3 24 | $716.7K | $871.0K | ||
| Q2 24 | $623.4K | $2.7M | ||
| Q1 24 | $743.0K | $3.4M |
净利润LASEPDYN
| Q4 25 | — | $-1.5M | ||
| Q3 25 | $-4.7M | $-3.7M | ||
| Q2 25 | $-1.8M | $-7.5M | ||
| Q1 25 | $-1.7M | $22.8M | ||
| Q4 24 | $586.4K | — | ||
| Q3 24 | $-1.6M | $-7.1M | ||
| Q2 24 | $-934.3K | $-5.3M | ||
| Q1 24 | $-545.7K | $-7.2M |
毛利率LASEPDYN
| Q4 25 | — | 15.6% | ||
| Q3 25 | -20.1% | 46.4% | ||
| Q2 25 | 53.5% | 53.3% | ||
| Q1 25 | 49.8% | 79.4% | ||
| Q4 24 | 13.3% | 27.2% | ||
| Q3 24 | 85.0% | 45.0% | ||
| Q2 24 | 50.6% | 79.0% | ||
| Q1 24 | 51.9% | 45.2% |
营业利润率LASEPDYN
| Q4 25 | — | -560.7% | ||
| Q3 25 | -350.0% | -937.8% | ||
| Q2 25 | -37.0% | -797.4% | ||
| Q1 25 | -68.7% | -405.3% | ||
| Q4 24 | -255.1% | — | ||
| Q3 24 | -238.0% | -838.0% | ||
| Q2 24 | -149.4% | -213.3% | ||
| Q1 24 | -73.8% | -213.7% |
净利率LASEPDYN
| Q4 25 | — | -89.9% | ||
| Q3 25 | -506.4% | -434.9% | ||
| Q2 25 | -68.3% | -737.6% | ||
| Q1 25 | -73.4% | 1330.9% | ||
| Q4 24 | 45.7% | — | ||
| Q3 24 | -226.8% | -814.7% | ||
| Q2 24 | -149.9% | -196.2% | ||
| Q1 24 | -73.4% | -210.1% |
每股收益（稀释后）LASEPDYN
| Q4 25 | — | $-0.02 | ||
| Q3 25 | $-0.27 | $-0.09 | ||
| Q2 25 | $-0.12 | $-0.20 | ||
| Q1 25 | $-0.12 | $0.55 | ||
| Q4 24 | $0.06 | — | ||
| Q3 24 | $-0.13 | $-0.27 | ||
| Q2 24 | $-0.09 | $-0.20 | ||
| Q1 24 | $-0.06 | $-0.28 |
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 | $3.6M | $47.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.1M | $74.7M |
| 总资产 | $17.5M | $95.7M |
| 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LASEPDYN
| Q4 25 | — | $47.1M | ||
| Q3 25 | $3.6M | $57.1M | ||
| Q2 25 | $78.5K | $62.7M | ||
| Q1 25 | $179.1K | $46.6M | ||
| Q4 24 | $533.9K | $40.1M | ||
| Q3 24 | $2.1M | $21.3M | ||
| Q2 24 | $2.7M | $25.8M | ||
| Q1 24 | $5.2M | $31.8M |
股东权益LASEPDYN
| Q4 25 | — | $74.7M | ||
| Q3 25 | $4.1M | $51.8M | ||
| Q2 25 | $4.3M | $53.8M | ||
| Q1 25 | $6.8M | $28.3M | ||
| Q4 24 | $10.2M | $-9.5M | ||
| Q3 24 | $9.7M | $23.4M | ||
| Q2 24 | $10.3M | $29.8M | ||
| Q1 24 | $12.4M | $34.2M |
总资产LASEPDYN
| Q4 25 | — | $95.7M | ||
| Q3 25 | $17.5M | $72.9M | ||
| Q2 25 | $14.9M | $78.3M | ||
| Q1 25 | $16.0M | $63.3M | ||
| Q4 24 | $17.2M | $56.3M | ||
| Q3 24 | $10.6M | $38.7M | ||
| Q2 24 | $11.1M | $45.1M | ||
| Q1 24 | $13.6M | $50.4M |
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 | $763.1K | $-8.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-8.7M |
| 自由现金流率自由现金流/营收 | — | -526.2% |
| 资本支出强度资本支出/营收 | — | 14.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LASEPDYN
| Q4 25 | — | $-8.5M | ||
| Q3 25 | $763.1K | $-6.3M | ||
| Q2 25 | $-1.0M | $-5.3M | ||
| Q1 25 | $-1.2M | $-7.5M | ||
| Q4 24 | $-6.5M | $-22.6M | ||
| Q3 24 | $632.7K | $-4.5M | ||
| Q2 24 | $-2.4M | $-5.8M | ||
| Q1 24 | $-866.3K | $-7.2M |
自由现金流LASEPDYN
| Q4 25 | — | $-8.7M | ||
| Q3 25 | — | $-6.7M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-7.6M | ||
| Q4 24 | — | $-22.9M | ||
| Q3 24 | $589.6K | $-4.5M | ||
| Q2 24 | $-2.4M | $-5.9M | ||
| Q1 24 | $-1.0M | $-7.3M |
自由现金流率LASEPDYN
| Q4 25 | — | -526.2% | ||
| Q3 25 | — | -776.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -445.0% | ||
| Q4 24 | — | -3008.1% | ||
| Q3 24 | 82.3% | -517.8% | ||
| Q2 24 | -388.0% | -218.9% | ||
| Q1 24 | -136.9% | -212.1% |
资本支出强度LASEPDYN
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 44.7% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 34.8% | ||
| Q3 24 | 6.0% | 1.4% | ||
| Q2 24 | 5.1% | 5.3% | ||
| Q1 24 | 20.3% | 1.8% |
现金转化率LASEPDYN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.33× | ||
| Q4 24 | -11.11× | — | ||
| 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
