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Liberty Broadband Corp（LBRDA）与Penumbra Inc（PEN）财务数据对比。点击上方公司名可切换其他公司
Penumbra Inc的季度营收约是Liberty Broadband Corp的1.5倍（$385.4M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs 12.3%，领先134.5%），Penumbra Inc同比增速更快（22.1% vs 6.1%），Penumbra Inc自由现金流更多（$68.0M vs $37.0M），过去两年Penumbra Inc的营收复合增速更高（17.6% vs 4.3%）
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
Penumbra Inc是2004年由Arani Bose与Adam Elsesser联合创立的美国医疗器械企业，总部位于加利福尼亚州阿拉米达，核心业务为研发、生产中风、动脉瘤等血管疾病介入治疗所用的专业医疗设备，产品已在全球多个国家的临床诊疗场景中投入使用。
LBRDA vs PEN — 直观对比
营收规模更大
PEN
是对方的1.5倍
$261.0M
营收增速更快
PEN
高出16.0%
6.1%
净利率更高
LBRDA
高出134.5%
12.3%
自由现金流更多
PEN
多$31.1M
$37.0M
两年增速更快
PEN
近两年复合增速
4.3%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $385.4M |
| 净利润 | $383.0M | $47.3M |
| 毛利率 | — | 68.0% |
| 营业利润率 | 15.7% | 15.4% |
| 净利率 | 146.7% | 12.3% |
| 营收同比 | 6.1% | 22.1% |
| 净利润同比 | 96.4% | 40.6% |
| 每股收益（稀释后） | $2.68 | $1.20 |
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LBRDAPEN
| Q4 25 | — | $385.4M | ||
| Q3 25 | — | $354.7M | ||
| Q2 25 | $261.0M | $339.5M | ||
| Q1 25 | $266.0M | $324.1M | ||
| Q4 24 | $263.0M | $315.5M | ||
| Q3 24 | $262.0M | $301.0M | ||
| Q2 24 | $246.0M | $299.4M | ||
| Q1 24 | $245.0M | $278.7M |
净利润LBRDAPEN
| Q4 25 | — | $47.3M | ||
| Q3 25 | — | $45.9M | ||
| Q2 25 | $383.0M | $45.3M | ||
| Q1 25 | $268.0M | $39.2M | ||
| Q4 24 | $291.0M | $33.7M | ||
| Q3 24 | $142.0M | $29.5M | ||
| Q2 24 | $195.0M | $-60.2M | ||
| Q1 24 | $241.0M | $11.0M |
毛利率LBRDAPEN
| Q4 25 | — | 68.0% | ||
| Q3 25 | — | 67.8% | ||
| Q2 25 | — | 66.0% | ||
| Q1 25 | — | 66.6% | ||
| Q4 24 | — | 66.8% | ||
| Q3 24 | — | 66.5% | ||
| Q2 24 | — | 54.4% | ||
| Q1 24 | — | 65.0% |
营业利润率LBRDAPEN
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 13.8% | ||
| Q2 25 | 15.7% | 12.0% | ||
| Q1 25 | 16.2% | 12.4% | ||
| Q4 24 | 4.9% | 13.6% | ||
| Q3 24 | 11.5% | 11.7% | ||
| Q2 24 | 8.5% | -27.0% | ||
| Q1 24 | 11.4% | 4.3% |
净利率LBRDAPEN
| Q4 25 | — | 12.3% | ||
| Q3 25 | — | 12.9% | ||
| Q2 25 | 146.7% | 13.3% | ||
| Q1 25 | 100.8% | 12.1% | ||
| Q4 24 | 110.6% | 10.7% | ||
| Q3 24 | 54.2% | 9.8% | ||
| Q2 24 | 79.3% | -20.1% | ||
| Q1 24 | 98.4% | 3.9% |
每股收益（稀释后）LBRDAPEN
| Q4 25 | — | $1.20 | ||
| Q3 25 | — | $1.17 | ||
| Q2 25 | $2.68 | $1.15 | ||
| Q1 25 | $1.87 | $1.00 | ||
| Q4 24 | $2.04 | $0.88 | ||
| Q3 24 | $0.99 | $0.75 | ||
| Q2 24 | $1.36 | $-1.55 | ||
| Q1 24 | $1.69 | $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 | $180.0M | $186.9M |
| 总债务越低越好 | $3.1B | — |
| 股东权益账面价值 | $10.4B | $1.4B |
| 总资产 | $16.6B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.30× | — |
8季度趋势，按日历期对齐
现金及短期投资LBRDAPEN
| Q4 25 | — | $186.9M | ||
| Q3 25 | — | $321.0M | ||
| Q2 25 | $180.0M | $421.8M | ||
| Q1 25 | $226.0M | $376.1M | ||
| Q4 24 | $163.0M | $324.4M | ||
| Q3 24 | $168.0M | $280.5M | ||
| Q2 24 | $73.0M | $288.3M | ||
| Q1 24 | $108.0M | $223.1M |
总债务LBRDAPEN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.6B | — |
股东权益LBRDAPEN
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $10.4B | $1.3B | ||
| Q1 25 | $10.1B | $1.2B | ||
| Q4 24 | $9.8B | $1.2B | ||
| Q3 24 | $9.5B | $1.1B | ||
| Q2 24 | $9.3B | $1.2B | ||
| Q1 24 | $9.1B | $1.2B |
总资产LBRDAPEN
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $16.6B | $1.7B | ||
| Q1 25 | $17.0B | $1.6B | ||
| Q4 24 | $16.7B | $1.5B | ||
| Q3 24 | $16.3B | $1.5B | ||
| Q2 24 | $16.0B | $1.5B | ||
| Q1 24 | $15.7B | $1.6B |
负债/权益比LBRDAPEN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.39× | — | ||
| Q1 24 | 0.40× | — |
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 | $91.0M | $86.5M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $68.0M |
| 自由现金流率自由现金流/营收 | 14.2% | 17.7% |
| 资本支出强度资本支出/营收 | 20.7% | 4.8% |
| 现金转化率经营现金流/净利润 | 0.24× | 1.83× |
| 过去12个月自由现金流最近4个季度 | $-49.0M | $174.9M |
8季度趋势，按日历期对齐
经营现金流LBRDAPEN
| Q4 25 | — | $86.5M | ||
| Q3 25 | — | $58.3M | ||
| Q2 25 | $91.0M | $44.9M | ||
| Q1 25 | $78.0M | $49.0M | ||
| Q4 24 | $1.0M | $51.1M | ||
| Q3 24 | $24.0M | $56.5M | ||
| Q2 24 | $27.0M | $22.6M | ||
| Q1 24 | $52.0M | $38.3M |
自由现金流LBRDAPEN
| Q4 25 | — | $68.0M | ||
| Q3 25 | — | $42.0M | ||
| Q2 25 | $37.0M | $29.4M | ||
| Q1 25 | $13.0M | $35.5M | ||
| Q4 24 | $-63.0M | $45.7M | ||
| Q3 24 | $-36.0M | $51.0M | ||
| Q2 24 | $-35.0M | $18.1M | ||
| Q1 24 | $-9.0M | $32.5M |
自由现金流率LBRDAPEN
| Q4 25 | — | 17.7% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | 14.2% | 8.7% | ||
| Q1 25 | 4.9% | 11.0% | ||
| Q4 24 | -24.0% | 14.5% | ||
| Q3 24 | -13.7% | 16.9% | ||
| Q2 24 | -14.2% | 6.0% | ||
| Q1 24 | -3.7% | 11.7% |
资本支出强度LBRDAPEN
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | 20.7% | 4.6% | ||
| Q1 25 | 24.4% | 4.2% | ||
| Q4 24 | 24.3% | 1.7% | ||
| Q3 24 | 22.9% | 1.8% | ||
| Q2 24 | 25.2% | 1.5% | ||
| Q1 24 | 24.9% | 2.1% |
现金转化率LBRDAPEN
| Q4 25 | — | 1.83× | ||
| Q3 25 | — | 1.27× | ||
| Q2 25 | 0.24× | 0.99× | ||
| Q1 25 | 0.29× | 1.25× | ||
| Q4 24 | 0.00× | 1.52× | ||
| Q3 24 | 0.17× | 1.91× | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.22× | 3.48× |
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
LBRDA
暂无分部数据
PEN
| Thrombectomy | $254.7M | 66% |
| Other | $130.7M | 34% |
