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NLIGHT, INC.（LASR）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是NLIGHT, INC.的1.5倍（$117.7M vs $81.2M），NLIGHT, INC.净利率更高（-6.0% vs -10.8%，领先4.7%），NLIGHT, INC.同比增速更快（71.3% vs -19.2%），NLIGHT, INC.自由现金流更多（$15.9M vs $15.6M），过去两年NLIGHT, INC.的营收复合增速更高（35.0% vs -11.8%）
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。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
LASR vs RGP — 直观对比
营收规模更大
RGP
是对方的1.5倍
$81.2M
营收增速更快
LASR
高出90.5%
-19.2%
净利率更高
LASR
高出4.7%
-10.8%
自由现金流更多
LASR
多$360.0K
$15.6M
两年增速更快
LASR
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $81.2M | $117.7M |
| 净利润 | $-4.9M | $-12.7M |
| 毛利率 | 30.7% | 37.1% |
| 营业利润率 | -6.7% | -10.3% |
| 净利率 | -6.0% | -10.8% |
| 营收同比 | 71.3% | -19.2% |
| 净利润同比 | 80.3% | 81.6% |
| 每股收益（稀释后） | $-0.10 | $-0.38 |
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LASRRGP
| Q4 25 | $81.2M | $117.7M | ||
| Q3 25 | $66.7M | $120.2M | ||
| Q2 25 | $61.7M | $139.3M | ||
| Q1 25 | $51.7M | $129.4M | ||
| Q4 24 | $47.4M | $145.6M | ||
| Q3 24 | $56.1M | $136.9M | ||
| Q2 24 | $50.5M | $148.2M | ||
| Q1 24 | $44.5M | $151.3M |
净利润LASRRGP
| Q4 25 | $-4.9M | $-12.7M | ||
| Q3 25 | $-6.9M | $-2.4M | ||
| Q2 25 | $-3.6M | $-73.3M | ||
| Q1 25 | $-8.1M | $-44.1M | ||
| Q4 24 | $-25.0M | $-68.7M | ||
| Q3 24 | $-10.3M | $-5.7M | ||
| Q2 24 | $-11.7M | $10.5M | ||
| Q1 24 | $-13.8M | $2.5M |
毛利率LASRRGP
| Q4 25 | 30.7% | 37.1% | ||
| Q3 25 | 31.1% | 39.5% | ||
| Q2 25 | 29.9% | 40.2% | ||
| Q1 25 | 26.7% | 35.1% | ||
| Q4 24 | 2.4% | 38.5% | ||
| Q3 24 | 22.4% | 36.5% | ||
| Q2 24 | 23.5% | 40.2% | ||
| Q1 24 | 16.8% | 37.0% |
营业利润率LASRRGP
| Q4 25 | -6.7% | -10.3% | ||
| Q3 25 | -10.9% | -1.7% | ||
| Q2 25 | -6.9% | -47.0% | ||
| Q1 25 | -18.6% | -38.4% | ||
| Q4 24 | -55.8% | -52.7% | ||
| Q3 24 | -21.0% | -3.5% | ||
| Q2 24 | -25.1% | 7.6% | ||
| Q1 24 | -33.1% | 2.8% |
净利率LASRRGP
| Q4 25 | -6.0% | -10.8% | ||
| Q3 25 | -10.3% | -2.0% | ||
| Q2 25 | -5.8% | -52.6% | ||
| Q1 25 | -15.7% | -34.0% | ||
| Q4 24 | -52.7% | -47.2% | ||
| Q3 24 | -18.4% | -4.2% | ||
| Q2 24 | -23.2% | 7.1% | ||
| Q1 24 | -30.9% | 1.7% |
每股收益（稀释后）LASRRGP
| Q4 25 | $-0.10 | $-0.38 | ||
| Q3 25 | $-0.14 | $-0.07 | ||
| Q2 25 | $-0.07 | $-2.21 | ||
| Q1 25 | $-0.16 | $-1.34 | ||
| Q4 24 | $-0.52 | $-2.08 | ||
| Q3 24 | $-0.21 | $-0.17 | ||
| Q2 24 | $-0.25 | $0.31 | ||
| Q1 24 | $-0.29 | $0.08 |
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 | $98.7M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $226.7M | $194.6M |
| 总资产 | $315.2M | $289.3M |
| 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LASRRGP
| Q4 25 | $98.7M | $89.8M | ||
| Q3 25 | $81.1M | $77.5M | ||
| Q2 25 | $78.8M | $86.1M | ||
| Q1 25 | $82.2M | $72.5M | ||
| Q4 24 | $65.8M | $78.2M | ||
| Q3 24 | $41.5M | $89.6M | ||
| Q2 24 | $49.4M | $108.9M | ||
| Q1 24 | $61.3M | $113.8M |
股东权益LASRRGP
| Q4 25 | $226.7M | $194.6M | ||
| Q3 25 | $218.5M | $206.4M | ||
| Q2 25 | $216.0M | $207.1M | ||
| Q1 25 | $212.8M | $277.8M | ||
| Q4 24 | $216.4M | $325.7M | ||
| Q3 24 | $235.3M | $407.2M | ||
| Q2 24 | $239.5M | $418.8M | ||
| Q1 24 | $244.4M | $414.9M |
总资产LASRRGP
| Q4 25 | $315.2M | $289.3M | ||
| Q3 25 | $298.7M | $287.2M | ||
| Q2 25 | $295.3M | $304.7M | ||
| Q1 25 | $290.0M | $375.6M | ||
| Q4 24 | $270.2M | $424.9M | ||
| Q3 24 | $291.3M | $512.9M | ||
| Q2 24 | $294.3M | $510.9M | ||
| Q1 24 | $302.8M | $523.2M |
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 | $17.5M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $15.9M | $15.6M |
| 自由现金流率自由现金流/营收 | 19.6% | 13.2% |
| 资本支出强度资本支出/营收 | 2.0% | 0.3% |
| 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 | $12.3M | $24.3M |
8季度趋势，按日历期对齐
经营现金流LASRRGP
| Q4 25 | $17.5M | $15.9M | ||
| Q3 25 | $5.2M | $-7.8M | ||
| Q2 25 | $-1.4M | $16.8M | ||
| Q1 25 | $-20.0K | $659.0K | ||
| Q4 24 | $-3.9M | $1.8M | ||
| Q3 24 | $-5.6M | $-309.0K | ||
| Q2 24 | $-4.2M | $3.2M | ||
| Q1 24 | $11.4M | $20.5M |
自由现金流LASRRGP
| Q4 25 | $15.9M | $15.6M | ||
| Q3 25 | $2.4M | $-8.0M | ||
| Q2 25 | $-3.8M | $16.5M | ||
| Q1 25 | $-2.3M | $238.0K | ||
| Q4 24 | $-6.5M | $61.0K | ||
| Q3 24 | $-7.2M | $-575.0K | ||
| Q2 24 | $-6.4M | $3.0M | ||
| Q1 24 | $9.8M | $20.4M |
自由现金流率LASRRGP
| Q4 25 | 19.6% | 13.2% | ||
| Q3 25 | 3.7% | -6.6% | ||
| Q2 25 | -6.1% | 11.8% | ||
| Q1 25 | -4.5% | 0.2% | ||
| Q4 24 | -13.7% | 0.0% | ||
| Q3 24 | -12.9% | -0.4% | ||
| Q2 24 | -12.6% | 2.1% | ||
| Q1 24 | 22.1% | 13.5% |
资本支出强度LASRRGP
| Q4 25 | 2.0% | 0.3% | ||
| Q3 25 | 4.2% | 0.1% | ||
| Q2 25 | 3.9% | 0.2% | ||
| Q1 25 | 4.4% | 0.3% | ||
| Q4 24 | 5.5% | 1.2% | ||
| Q3 24 | 2.9% | 0.2% | ||
| Q2 24 | 4.2% | 0.1% | ||
| Q1 24 | 3.5% | 0.1% |
现金转化率LASRRGP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 8.04× |
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
| Aerospaceand Defense | $56.3M | 69% |
| Microfabrication | $14.2M | 18% |
| Industrial | $10.7M | 13% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
