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Lucid Group, Inc.（LCID）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Lucid Group, Inc.的1.6倍（$814.9M vs $522.7M），Ubiquiti Inc.净利率更高（28.7% vs -155.7%，领先184.4%），Lucid Group, Inc.同比增速更快（122.9% vs 35.8%），Ubiquiti Inc.自由现金流更多（$260.3M vs $-1.2B），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs 28.6%）
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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
LCID vs UI — 直观对比
营收规模更大
UI
是对方的1.6倍
$522.7M
营收增速更快
LCID
高出87.1%
35.8%
净利率更高
UI
高出184.4%
-155.7%
自由现金流更多
UI
多$1.5B
$-1.2B
两年增速更快
LCID
近两年复合增速
28.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $814.9M |
| 净利润 | $-814.0M | $233.6M |
| 毛利率 | -80.7% | 45.9% |
| 营业利润率 | -203.7% | 35.9% |
| 净利率 | -155.7% | 28.7% |
| 营收同比 | 122.9% | 35.8% |
| 净利润同比 | -104.9% | 70.8% |
| 每股收益（稀释后） | $-8.26 | $3.86 |
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LCIDUI
| Q4 25 | $522.7M | $814.9M | ||
| Q3 25 | $336.6M | $733.8M | ||
| Q2 25 | $259.4M | $759.2M | ||
| Q1 25 | $235.0M | $664.2M | ||
| Q4 24 | $234.5M | $599.9M | ||
| Q3 24 | $200.0M | $550.3M | ||
| Q2 24 | $200.6M | $507.5M | ||
| Q1 24 | $172.7M | $493.0M |
净利润LCIDUI
| Q4 25 | $-814.0M | $233.6M | ||
| Q3 25 | $-978.4M | $207.9M | ||
| Q2 25 | $-539.4M | $266.7M | ||
| Q1 25 | $-366.2M | $180.4M | ||
| Q4 24 | $-397.2M | $136.8M | ||
| Q3 24 | $-992.5M | $128.0M | ||
| Q2 24 | $-643.4M | $103.8M | ||
| Q1 24 | $-680.9M | $76.3M |
毛利率LCIDUI
| Q4 25 | -80.7% | 45.9% | ||
| Q3 25 | -99.1% | 46.0% | ||
| Q2 25 | -105.0% | 45.1% | ||
| Q1 25 | -97.2% | 44.5% | ||
| Q4 24 | -89.0% | 41.2% | ||
| Q3 24 | -106.2% | 42.1% | ||
| Q2 24 | -134.5% | 40.2% | ||
| Q1 24 | -134.3% | 35.3% |
营业利润率LCIDUI
| Q4 25 | -203.7% | 35.9% | ||
| Q3 25 | -279.9% | 35.7% | ||
| Q2 25 | -309.5% | 34.4% | ||
| Q1 25 | -294.4% | 34.2% | ||
| Q4 24 | -312.6% | 29.8% | ||
| Q3 24 | -385.2% | 30.7% | ||
| Q2 24 | -392.6% | 27.3% | ||
| Q1 24 | -422.6% | 22.6% |
净利率LCIDUI
| Q4 25 | -155.7% | 28.7% | ||
| Q3 25 | -290.7% | 28.3% | ||
| Q2 25 | -207.9% | 35.1% | ||
| Q1 25 | -155.8% | 27.2% | ||
| Q4 24 | -169.4% | 22.8% | ||
| Q3 24 | -496.1% | 23.3% | ||
| Q2 24 | -320.8% | 20.5% | ||
| Q1 24 | -394.2% | 15.5% |
每股收益（稀释后）LCIDUI
| Q4 25 | $-8.26 | $3.86 | ||
| Q3 25 | $-3.31 | $3.43 | ||
| Q2 25 | $-0.28 | $4.40 | ||
| Q1 25 | $-0.24 | $2.98 | ||
| Q4 24 | $-0.20 | $2.26 | ||
| Q3 24 | $-0.41 | $2.12 | ||
| Q2 24 | $-0.34 | $1.72 | ||
| Q1 24 | $-0.30 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $717.3M | $1.0B |
| 总资产 | $8.4B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资LCIDUI
| Q4 25 | $1.6B | $302.8M | ||
| Q3 25 | $2.3B | $177.2M | ||
| Q2 25 | $2.8B | $149.7M | ||
| Q1 25 | $3.6B | $151.0M | ||
| Q4 24 | $4.0B | $133.1M | ||
| Q3 24 | $3.5B | $165.2M | ||
| Q2 24 | $3.2B | $126.3M | ||
| Q1 24 | $4.0B | $102.5M |
总债务LCIDUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益LCIDUI
| Q4 25 | $717.3M | $1.0B | ||
| Q3 25 | $1.8B | $828.4M | ||
| Q2 25 | $2.4B | $668.3M | ||
| Q1 25 | $3.2B | $436.1M | ||
| Q4 24 | $3.9B | $290.4M | ||
| Q3 24 | $2.7B | $188.1M | ||
| Q2 24 | $3.5B | $95.1M | ||
| Q1 24 | $4.2B | $25.9M |
总资产LCIDUI
| Q4 25 | $8.4B | $1.6B | ||
| Q3 25 | $8.8B | $1.5B | ||
| Q2 25 | $8.9B | $1.5B | ||
| Q1 25 | $9.2B | $1.3B | ||
| Q4 24 | $9.6B | $1.2B | ||
| Q3 24 | $8.5B | $1.2B | ||
| Q2 24 | $8.2B | $1.2B | ||
| Q1 24 | $8.9B | $1.2B |
负债/权益比LCIDUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $260.3M |
| 自由现金流率自由现金流/营收 | -237.6% | 31.9% |
| 资本支出强度资本支出/营收 | 62.3% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $-3.8B | $699.5M |
8季度趋势，按日历期对齐
经营现金流LCIDUI
| Q4 25 | $-916.4M | $263.9M | ||
| Q3 25 | $-756.6M | $198.5M | ||
| Q2 25 | $-830.2M | $130.4M | ||
| Q1 25 | $-428.6M | $123.6M | ||
| Q4 24 | $-533.1M | $152.4M | ||
| Q3 24 | $-462.8M | $233.7M | ||
| Q2 24 | $-507.0M | $231.4M | ||
| Q1 24 | $-516.7M | $163.9M |
自由现金流LCIDUI
| Q4 25 | $-1.2B | $260.3M | ||
| Q3 25 | $-955.5M | $193.3M | ||
| Q2 25 | $-1.0B | $125.2M | ||
| Q1 25 | $-589.9M | $120.7M | ||
| Q4 24 | $-824.8M | $150.4M | ||
| Q3 24 | $-622.5M | $231.1M | ||
| Q2 24 | $-741.3M | $229.5M | ||
| Q1 24 | $-714.9M | $160.6M |
自由现金流率LCIDUI
| Q4 25 | -237.6% | 31.9% | ||
| Q3 25 | -283.9% | 26.3% | ||
| Q2 25 | -390.4% | 16.5% | ||
| Q1 25 | -251.0% | 18.2% | ||
| Q4 24 | -351.8% | 25.1% | ||
| Q3 24 | -311.2% | 42.0% | ||
| Q2 24 | -369.6% | 45.2% | ||
| Q1 24 | -413.9% | 32.6% |
资本支出强度LCIDUI
| Q4 25 | 62.3% | 0.4% | ||
| Q3 25 | 59.1% | 0.7% | ||
| Q2 25 | 70.4% | 0.7% | ||
| Q1 25 | 68.6% | 0.4% | ||
| Q4 24 | 124.4% | 0.3% | ||
| Q3 24 | 79.8% | 0.5% | ||
| Q2 24 | 116.8% | 0.4% | ||
| Q1 24 | 114.7% | 0.7% |
现金转化率LCIDUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
