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NLIGHT, INC.（LASR）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
NLIGHT, INC.的季度营收约是REGIS CORP的1.4倍（$81.2M vs $57.1M），REGIS CORP净利率更高（0.8% vs -6.0%，领先6.8%），NLIGHT, INC.同比增速更快（71.3% vs 22.3%），NLIGHT, INC.自由现金流更多（$15.9M vs $891.0K），过去两年NLIGHT, INC.的营收复合增速更高（35.0% vs 7.8%）
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。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
LASR vs RGS — 直观对比
营收规模更大
LASR
是对方的1.4倍
$57.1M
营收增速更快
LASR
高出49.1%
22.3%
净利率更高
RGS
高出6.8%
-6.0%
自由现金流更多
LASR
多$15.0M
$891.0K
两年增速更快
LASR
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $81.2M | $57.1M |
| 净利润 | $-4.9M | $456.0K |
| 毛利率 | 30.7% | — |
| 营业利润率 | -6.7% | 10.8% |
| 净利率 | -6.0% | 0.8% |
| 营收同比 | 71.3% | 22.3% |
| 净利润同比 | 80.3% | -94.0% |
| 每股收益（稀释后） | $-0.10 | $0.16 |
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LASRRGS
| Q4 25 | $81.2M | $57.1M | ||
| Q3 25 | $66.7M | $59.0M | ||
| Q2 25 | $61.7M | $60.4M | ||
| Q1 25 | $51.7M | $57.0M | ||
| Q4 24 | $47.4M | $46.7M | ||
| Q3 24 | $56.1M | $46.1M | ||
| Q2 24 | $50.5M | $49.4M | ||
| Q1 24 | $44.5M | $49.2M |
净利润LASRRGS
| Q4 25 | $-4.9M | $456.0K | ||
| Q3 25 | $-6.9M | $1.4M | ||
| Q2 25 | $-3.6M | $116.5M | ||
| Q1 25 | $-8.1M | $250.0K | ||
| Q4 24 | $-25.0M | $7.6M | ||
| Q3 24 | $-10.3M | $-853.0K | ||
| Q2 24 | $-11.7M | $91.2M | ||
| Q1 24 | $-13.8M | $-2.3M |
毛利率LASRRGS
| Q4 25 | 30.7% | — | ||
| Q3 25 | 31.1% | — | ||
| Q2 25 | 29.9% | — | ||
| Q1 25 | 26.7% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 23.5% | — | ||
| Q1 24 | 16.8% | — |
营业利润率LASRRGS
| Q4 25 | -6.7% | 10.8% | ||
| Q3 25 | -10.9% | 10.0% | ||
| Q2 25 | -6.9% | 12.1% | ||
| Q1 25 | -18.6% | 8.8% | ||
| Q4 24 | -55.8% | 11.8% | ||
| Q3 24 | -21.0% | 4.6% | ||
| Q2 24 | -25.1% | — | ||
| Q1 24 | -33.1% | 8.3% |
净利率LASRRGS
| Q4 25 | -6.0% | 0.8% | ||
| Q3 25 | -10.3% | 2.3% | ||
| Q2 25 | -5.8% | 192.9% | ||
| Q1 25 | -15.7% | 0.4% | ||
| Q4 24 | -52.7% | 16.4% | ||
| Q3 24 | -18.4% | -1.9% | ||
| Q2 24 | -23.2% | 184.7% | ||
| Q1 24 | -30.9% | -4.7% |
每股收益（稀释后）LASRRGS
| Q4 25 | $-0.10 | $0.16 | ||
| Q3 25 | $-0.14 | $0.49 | ||
| Q2 25 | $-0.07 | $43.67 | ||
| Q1 25 | $-0.16 | $0.08 | ||
| Q4 24 | $-0.52 | $2.71 | ||
| Q3 24 | $-0.21 | $-0.36 | ||
| Q2 24 | $-0.25 | $38.40 | ||
| Q1 24 | $-0.29 | $-1.00 |
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 | $18.4M |
| 总债务越低越好 | — | $113.3M |
| 股东权益账面价值 | $226.7M | $188.7M |
| 总资产 | $315.2M | $588.3M |
| 负债/权益比越低杠杆越低 | — | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资LASRRGS
| Q4 25 | $98.7M | $18.4M | ||
| Q3 25 | $81.1M | $16.6M | ||
| Q2 25 | $78.8M | $17.0M | ||
| Q1 25 | $82.2M | $13.3M | ||
| Q4 24 | $65.8M | $10.2M | ||
| Q3 24 | $41.5M | $6.3M | ||
| Q2 24 | $49.4M | $10.1M | ||
| Q1 24 | $61.3M | $5.9M |
总债务LASRRGS
| Q4 25 | — | $113.3M | ||
| Q3 25 | — | $111.3M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $112.0M | ||
| Q4 24 | — | $111.5M | ||
| Q3 24 | — | $95.2M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $179.7M |
股东权益LASRRGS
| Q4 25 | $226.7M | $188.7M | ||
| Q3 25 | $218.5M | $187.6M | ||
| Q2 25 | $216.0M | $185.6M | ||
| Q1 25 | $212.8M | $68.6M | ||
| Q4 24 | $216.4M | $66.7M | ||
| Q3 24 | $235.3M | $56.4M | ||
| Q2 24 | $239.5M | $56.8M | ||
| Q1 24 | $244.4M | $-35.8M |
总资产LASRRGS
| Q4 25 | $315.2M | $588.3M | ||
| Q3 25 | $298.7M | $592.1M | ||
| Q2 25 | $295.3M | $599.0M | ||
| Q1 25 | $290.0M | $511.2M | ||
| Q4 24 | $270.2M | $530.1M | ||
| Q3 24 | $291.3M | $508.9M | ||
| Q2 24 | $294.3M | $530.5M | ||
| Q1 24 | $302.8M | $543.7M |
负债/权益比LASRRGS
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | — |
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 | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $15.9M | $891.0K |
| 自由现金流率自由现金流/营收 | 19.6% | 1.6% |
| 资本支出强度资本支出/营收 | 2.0% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 3.65× |
| 过去12个月自由现金流最近4个季度 | $12.3M | $14.9M |
8季度趋势，按日历期对齐
经营现金流LASRRGS
| Q4 25 | $17.5M | $1.7M | ||
| Q3 25 | $5.2M | $2.3M | ||
| Q2 25 | $-1.4M | $6.8M | ||
| Q1 25 | $-20.0K | $6.2M | ||
| Q4 24 | $-3.9M | $2.1M | ||
| Q3 24 | $-5.6M | $-1.3M | ||
| Q2 24 | $-4.2M | $5.1M | ||
| Q1 24 | $11.4M | $-277.0K |
自由现金流LASRRGS
| Q4 25 | $15.9M | $891.0K | ||
| Q3 25 | $2.4M | $1.9M | ||
| Q2 25 | $-3.8M | $6.2M | ||
| Q1 25 | $-2.3M | $5.9M | ||
| Q4 24 | $-6.5M | $1.7M | ||
| Q3 24 | $-7.2M | $-1.4M | ||
| Q2 24 | $-6.4M | $5.1M | ||
| Q1 24 | $9.8M | $-326.0K |
自由现金流率LASRRGS
| Q4 25 | 19.6% | 1.6% | ||
| Q3 25 | 3.7% | 3.2% | ||
| Q2 25 | -6.1% | 10.3% | ||
| Q1 25 | -4.5% | 10.3% | ||
| Q4 24 | -13.7% | 3.6% | ||
| Q3 24 | -12.9% | -3.0% | ||
| Q2 24 | -12.6% | 10.3% | ||
| Q1 24 | 22.1% | -0.7% |
资本支出强度LASRRGS
| Q4 25 | 2.0% | 1.4% | ||
| Q3 25 | 4.2% | 0.7% | ||
| Q2 25 | 3.9% | 0.9% | ||
| Q1 25 | 4.4% | 0.6% | ||
| Q4 24 | 5.5% | 0.9% | ||
| Q3 24 | 2.9% | 0.0% | ||
| Q2 24 | 4.2% | 0.0% | ||
| Q1 24 | 3.5% | 0.1% |
现金转化率LASRRGS
| Q4 25 | — | 3.65× | ||
| Q3 25 | — | 1.68× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.06× | ||
| 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
LASR
| Aerospaceand Defense | $56.3M | 69% |
| Microfabrication | $14.2M | 18% |
| Industrial | $10.7M | 13% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
