vs
NLIGHT, INC.（LASR）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是NLIGHT, INC.的1.5倍（$123.0M vs $80.2M），NLIGHT, INC.同比增速更快（55.2% vs 1.9%），过去两年NLIGHT, INC.的营收复合增速更高（26.0% vs 3.3%）
nLight Inc.是全球领先的高性能半导体激光器、光纤激光器及相关光学组件研发生产商，产品广泛应用于工业精密制造、航空航天与国防、医疗设备、前沿研究等核心领域，客户遍及北美、欧洲及亚太地区。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
LASR vs MSTR — 直观对比
营收规模更大
MSTR
是对方的1.5倍
$80.2M
营收增速更快
LASR
高出53.3%
1.9%
两年增速更快
LASR
近两年复合增速
3.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $80.2M | $123.0M |
| 净利润 | $645.0K | — |
| 毛利率 | 33.1% | 66.1% |
| 营业利润率 | 66.0% | — |
| 净利率 | 0.8% | — |
| 营收同比 | 55.2% | 1.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.01 | — |
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LASRMSTR
| Q1 26 | $80.2M | — | ||
| Q4 25 | $81.2M | $123.0M | ||
| Q3 25 | $66.7M | $128.7M | ||
| Q2 25 | $61.7M | $114.5M | ||
| Q1 25 | $51.7M | $111.1M | ||
| Q4 24 | $47.4M | $120.7M | ||
| Q3 24 | $56.1M | $116.1M | ||
| Q2 24 | $50.5M | $111.4M |
净利润LASRMSTR
| Q1 26 | $645.0K | — | ||
| Q4 25 | $-4.9M | — | ||
| Q3 25 | $-6.9M | $2.8B | ||
| Q2 25 | $-3.6M | $10.0B | ||
| Q1 25 | $-8.1M | $-4.2B | ||
| Q4 24 | $-25.0M | $-670.8M | ||
| Q3 24 | $-10.3M | $-340.2M | ||
| Q2 24 | $-11.7M | $-102.6M |
毛利率LASRMSTR
| Q1 26 | 33.1% | — | ||
| Q4 25 | 30.7% | 66.1% | ||
| Q3 25 | 31.1% | 70.5% | ||
| Q2 25 | 29.9% | 68.8% | ||
| Q1 25 | 26.7% | 69.4% | ||
| Q4 24 | 2.4% | 71.7% | ||
| Q3 24 | 22.4% | 70.4% | ||
| Q2 24 | 23.5% | 72.2% |
营业利润率LASRMSTR
| Q1 26 | 66.0% | — | ||
| Q4 25 | -6.7% | — | ||
| Q3 25 | -10.9% | — | ||
| Q2 25 | -6.9% | — | ||
| Q1 25 | -18.6% | -5331.4% | ||
| Q4 24 | -55.8% | -842.1% | ||
| Q3 24 | -21.0% | -372.7% | ||
| Q2 24 | -25.1% | -179.7% |
净利率LASRMSTR
| Q1 26 | 0.8% | — | ||
| Q4 25 | -6.0% | — | ||
| Q3 25 | -10.3% | 2164.1% | ||
| Q2 25 | -5.8% | 8752.7% | ||
| Q1 25 | -15.7% | -3797.2% | ||
| Q4 24 | -52.7% | -555.8% | ||
| Q3 24 | -18.4% | -293.1% | ||
| Q2 24 | -23.2% | -92.0% |
每股收益（稀释后）LASRMSTR
| Q1 26 | $0.01 | — | ||
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.14 | $8.42 | ||
| Q2 25 | $-0.07 | $32.60 | ||
| Q1 25 | $-0.16 | $-16.49 | ||
| Q4 24 | $-0.52 | $4.49 | ||
| Q3 24 | $-0.21 | $-1.72 | ||
| Q2 24 | $-0.25 | $-0.57 |
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 | $298.2M | $2.3B |
| 总债务越低越好 | — | $8.2B |
| 股东权益账面价值 | $429.2M | $44.1B |
| 总资产 | $515.7M | $61.6B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资LASRMSTR
| Q1 26 | $298.2M | — | ||
| Q4 25 | $98.7M | $2.3B | ||
| Q3 25 | $81.1M | $54.3M | ||
| Q2 25 | $78.8M | $50.1M | ||
| Q1 25 | $82.2M | $60.3M | ||
| Q4 24 | $65.8M | $38.1M | ||
| Q3 24 | $41.5M | $46.3M | ||
| Q2 24 | $49.4M | $66.9M |
总债务LASRMSTR
| Q1 26 | — | — | ||
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | — | $8.2B | ||
| Q1 25 | — | $8.1B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.8B |
股东权益LASRMSTR
| Q1 26 | $429.2M | — | ||
| Q4 25 | $226.7M | $44.1B | ||
| Q3 25 | $218.5M | $52.3B | ||
| Q2 25 | $216.0M | $47.5B | ||
| Q1 25 | $212.8M | $32.2B | ||
| Q4 24 | $216.4M | $18.2B | ||
| Q3 24 | $235.3M | $3.8B | ||
| Q2 24 | $239.5M | $2.8B |
总资产LASRMSTR
| Q1 26 | $515.7M | — | ||
| Q4 25 | $315.2M | $61.6B | ||
| Q3 25 | $298.7M | $73.6B | ||
| Q2 25 | $295.3M | $64.8B | ||
| Q1 25 | $290.0M | $43.9B | ||
| Q4 24 | $270.2M | $25.8B | ||
| Q3 24 | $291.3M | $8.3B | ||
| Q2 24 | $294.3M | $7.1B |
负债/权益比LASRMSTR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.36× |
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
LASR
| Products | $58.2M | 73% |
| Development | $22.0M | 27% |
MSTR
暂无分部数据
