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Lucid Group, Inc.（LCID）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
朗美通的季度营收约是Lucid Group, Inc.的1.3倍（$665.5M vs $522.7M），朗美通净利率更高（11.8% vs -155.7%，领先167.5%），Lucid Group, Inc.同比增速更快（122.9% vs 65.5%），朗美通自由现金流更多（$43.1M vs $-1.2B），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs 34.8%）
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
LCID vs LITE — 直观对比
营收规模更大
LITE
是对方的1.3倍
$522.7M
营收增速更快
LCID
高出57.5%
65.5%
净利率更高
LITE
高出167.5%
-155.7%
自由现金流更多
LITE
多$1.3B
$-1.2B
两年增速更快
LCID
近两年复合增速
34.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $665.5M |
| 净利润 | $-814.0M | $78.2M |
| 毛利率 | -80.7% | 36.1% |
| 营业利润率 | -203.7% | 9.7% |
| 净利率 | -155.7% | 11.8% |
| 营收同比 | 122.9% | 65.5% |
| 净利润同比 | -104.9% | 228.4% |
| 每股收益（稀释后） | $-8.26 | $0.89 |
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LCIDLITE
| Q4 25 | $522.7M | $665.5M | ||
| Q3 25 | $336.6M | $533.8M | ||
| Q2 25 | $259.4M | $480.7M | ||
| Q1 25 | $235.0M | $425.2M | ||
| Q4 24 | $234.5M | $402.2M | ||
| Q3 24 | $200.0M | $336.9M | ||
| Q2 24 | $200.6M | $308.3M | ||
| Q1 24 | $172.7M | $366.5M |
净利润LCIDLITE
| Q4 25 | $-814.0M | $78.2M | ||
| Q3 25 | $-978.4M | $4.2M | ||
| Q2 25 | $-539.4M | $213.3M | ||
| Q1 25 | $-366.2M | $-44.1M | ||
| Q4 24 | $-397.2M | $-60.9M | ||
| Q3 24 | $-992.5M | $-82.4M | ||
| Q2 24 | $-643.4M | $-252.5M | ||
| Q1 24 | $-680.9M | $-127.0M |
毛利率LCIDLITE
| Q4 25 | -80.7% | 36.1% | ||
| Q3 25 | -99.1% | 34.0% | ||
| Q2 25 | -105.0% | 33.3% | ||
| Q1 25 | -97.2% | 28.8% | ||
| Q4 24 | -89.0% | 24.8% | ||
| Q3 24 | -106.2% | 23.1% | ||
| Q2 24 | -134.5% | 16.6% | ||
| Q1 24 | -134.3% | 16.2% |
营业利润率LCIDLITE
| Q4 25 | -203.7% | 9.7% | ||
| Q3 25 | -279.9% | 1.3% | ||
| Q2 25 | -309.5% | -1.7% | ||
| Q1 25 | -294.4% | -8.9% | ||
| Q4 24 | -312.6% | -12.8% | ||
| Q3 24 | -385.2% | -24.5% | ||
| Q2 24 | -392.6% | -43.3% | ||
| Q1 24 | -422.6% | -31.3% |
净利率LCIDLITE
| Q4 25 | -155.7% | 11.8% | ||
| Q3 25 | -290.7% | 0.8% | ||
| Q2 25 | -207.9% | 44.4% | ||
| Q1 25 | -155.8% | -10.4% | ||
| Q4 24 | -169.4% | -15.1% | ||
| Q3 24 | -496.1% | -24.5% | ||
| Q2 24 | -320.8% | -81.9% | ||
| Q1 24 | -394.2% | -34.7% |
每股收益（稀释后）LCIDLITE
| Q4 25 | $-8.26 | $0.89 | ||
| Q3 25 | $-3.31 | $0.05 | ||
| Q2 25 | $-0.28 | $3.10 | ||
| Q1 25 | $-0.24 | $-0.64 | ||
| Q4 24 | $-0.20 | $-0.88 | ||
| Q3 24 | $-0.41 | $-1.21 | ||
| Q2 24 | $-0.34 | $-3.75 | ||
| Q1 24 | $-0.30 | $-1.88 |
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 | $1.6B | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $717.3M | $846.6M |
| 总资产 | $8.4B | $4.8B |
| 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LCIDLITE
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $2.8B | $877.1M | ||
| Q1 25 | $3.6B | $866.7M | ||
| Q4 24 | $4.0B | $896.7M | ||
| Q3 24 | $3.5B | $916.1M | ||
| Q2 24 | $3.2B | $887.0M | ||
| Q1 24 | $4.0B | $870.9M |
股东权益LCIDLITE
| Q4 25 | $717.3M | $846.6M | ||
| Q3 25 | $1.8B | $780.8M | ||
| Q2 25 | $2.4B | $1.1B | ||
| Q1 25 | $3.2B | $879.5M | ||
| Q4 24 | $3.9B | $872.3M | ||
| Q3 24 | $2.7B | $895.9M | ||
| Q2 24 | $3.5B | $957.3M | ||
| Q1 24 | $4.2B | $1.2B |
总资产LCIDLITE
| Q4 25 | $8.4B | $4.8B | ||
| Q3 25 | $8.8B | $4.6B | ||
| Q2 25 | $8.9B | $4.2B | ||
| Q1 25 | $9.2B | $4.0B | ||
| Q4 24 | $9.6B | $4.0B | ||
| Q3 24 | $8.5B | $4.0B | ||
| Q2 24 | $8.2B | $3.9B | ||
| Q1 24 | $8.9B | $4.2B |
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 | $-916.4M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $43.1M |
| 自由现金流率自由现金流/营收 | -237.6% | 6.5% |
| 资本支出强度资本支出/营收 | 62.3% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $-3.8B | $-29.5M |
8季度趋势，按日历期对齐
经营现金流LCIDLITE
| Q4 25 | $-916.4M | $126.7M | ||
| Q3 25 | $-756.6M | $57.9M | ||
| Q2 25 | $-830.2M | $64.0M | ||
| Q1 25 | $-428.6M | $-1.6M | ||
| Q4 24 | $-533.1M | $24.3M | ||
| Q3 24 | $-462.8M | $39.6M | ||
| Q2 24 | $-507.0M | $35.5M | ||
| Q1 24 | $-516.7M | $-7.0M |
自由现金流LCIDLITE
| Q4 25 | $-1.2B | $43.1M | ||
| Q3 25 | $-955.5M | $-18.3M | ||
| Q2 25 | $-1.0B | $10.1M | ||
| Q1 25 | $-589.9M | $-64.4M | ||
| Q4 24 | $-824.8M | $-15.9M | ||
| Q3 24 | $-622.5M | $-34.5M | ||
| Q2 24 | $-741.3M | $10.9M | ||
| Q1 24 | $-714.9M | $-26.6M |
自由现金流率LCIDLITE
| Q4 25 | -237.6% | 6.5% | ||
| Q3 25 | -283.9% | -3.4% | ||
| Q2 25 | -390.4% | 2.1% | ||
| Q1 25 | -251.0% | -15.1% | ||
| Q4 24 | -351.8% | -4.0% | ||
| Q3 24 | -311.2% | -10.2% | ||
| Q2 24 | -369.6% | 3.5% | ||
| Q1 24 | -413.9% | -7.3% |
资本支出强度LCIDLITE
| Q4 25 | 62.3% | 12.6% | ||
| Q3 25 | 59.1% | 14.3% | ||
| Q2 25 | 70.4% | 11.2% | ||
| Q1 25 | 68.6% | 14.8% | ||
| Q4 24 | 124.4% | 10.0% | ||
| Q3 24 | 79.8% | 22.0% | ||
| Q2 24 | 116.8% | 8.0% | ||
| Q1 24 | 114.7% | 5.3% |
现金转化率LCIDLITE
| Q4 25 | — | 1.62× | ||
| Q3 25 | — | 13.79× | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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
业务分部营收拆解
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
