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LEE ENTERPRISES, Inc（LEE）与PLUG POWER INC（PLUG）财务数据对比。点击上方公司名可切换其他公司
PLUG POWER INC的季度营收约是LEE ENTERPRISES, Inc的1.7倍（$225.2M vs $130.1M），LEE ENTERPRISES, Inc净利率更高（-4.3% vs -375.6%，领先371.3%），PLUG POWER INC同比增速更快（17.6% vs -10.0%），LEE ENTERPRISES, Inc自由现金流更多（$3.7M vs $-153.0M），过去两年PLUG POWER INC的营收复合增速更高（36.8% vs -5.8%）
李企业是一家上市美国传媒企业，在全美25个州运营着72份日报，同时还经营超过350份周报、分类广告刊物及各类专业刊物。公司由阿尔弗雷德·威尔逊·李于1890年创立，总部坐落于爱荷华州达文波特。
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
LEE vs PLUG — 直观对比
营收规模更大
PLUG
是对方的1.7倍
$130.1M
营收增速更快
PLUG
高出27.7%
-10.0%
净利率更高
LEE
高出371.3%
-375.6%
自由现金流更多
LEE
多$156.7M
$-153.0M
两年增速更快
PLUG
近两年复合增速
-5.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $130.1M | $225.2M |
| 净利润 | $-5.6M | $-846.0M |
| 毛利率 | — | 2.4% |
| 营业利润率 | 4.0% | -338.9% |
| 净利率 | -4.3% | -375.6% |
| 营收同比 | -10.0% | 17.6% |
| 净利润同比 | 66.5% | 36.7% |
| 每股收益（稀释后） | $-0.92 | $-0.70 |
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LEEPLUG
| Q4 25 | $130.1M | $225.2M | ||
| Q3 25 | $139.1M | $177.1M | ||
| Q2 25 | $141.3M | $174.0M | ||
| Q1 25 | $137.4M | $133.7M | ||
| Q4 24 | $144.6M | $191.5M | ||
| Q3 24 | $158.6M | $173.7M | ||
| Q2 24 | $150.6M | $143.3M | ||
| Q1 24 | $146.6M | $120.3M |
净利润LEEPLUG
| Q4 25 | $-5.6M | $-846.0M | ||
| Q3 25 | $-6.4M | $-361.9M | ||
| Q2 25 | $-1.9M | $-227.1M | ||
| Q1 25 | $-12.5M | $-196.7M | ||
| Q4 24 | $-16.7M | $-1.3B | ||
| Q3 24 | $-10.1M | $-211.2M | ||
| Q2 24 | $-4.3M | $-262.3M | ||
| Q1 24 | $-12.2M | $-295.8M |
毛利率LEEPLUG
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | -67.9% | ||
| Q2 25 | — | -30.7% | ||
| Q1 25 | — | -55.3% | ||
| Q4 24 | — | -122.5% | ||
| Q3 24 | — | -57.6% | ||
| Q2 24 | — | -91.6% | ||
| Q1 24 | — | -132.3% |
营业利润率LEEPLUG
| Q4 25 | 4.0% | -338.9% | ||
| Q3 25 | -1.0% | -197.0% | ||
| Q2 25 | 3.3% | -101.7% | ||
| Q1 25 | -3.3% | -133.5% | ||
| Q4 24 | -2.3% | -678.7% | ||
| Q3 24 | -2.3% | -124.4% | ||
| Q2 24 | 3.3% | -170.7% | ||
| Q1 24 | -3.1% | -215.7% |
净利率LEEPLUG
| Q4 25 | -4.3% | -375.6% | ||
| Q3 25 | -4.6% | -204.4% | ||
| Q2 25 | -1.4% | -130.5% | ||
| Q1 25 | -9.1% | -147.1% | ||
| Q4 24 | -11.6% | -697.5% | ||
| Q3 24 | -6.4% | -121.5% | ||
| Q2 24 | -2.8% | -183.0% | ||
| Q1 24 | -8.3% | -245.9% |
每股收益（稀释后）LEEPLUG
| Q4 25 | $-0.92 | $-0.70 | ||
| Q3 25 | $-1.02 | $-0.31 | ||
| Q2 25 | $-0.31 | $-0.20 | ||
| Q1 25 | $-2.07 | $-0.21 | ||
| Q4 24 | $-2.80 | $-1.61 | ||
| Q3 24 | $-1.68 | $-0.25 | ||
| Q2 24 | $-0.73 | $-0.36 | ||
| Q1 24 | $-2.06 | $-0.46 |
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 | $12.6M | $368.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-48.7M | $978.1M |
| 总资产 | $592.6M | $2.6B |
| 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LEEPLUG
| Q4 25 | $12.6M | $368.5M | ||
| Q3 25 | $10.0M | $165.9M | ||
| Q2 25 | $14.1M | $140.7M | ||
| Q1 25 | $4.7M | $295.8M | ||
| Q4 24 | $6.1M | $205.7M | ||
| Q3 24 | $9.6M | $93.9M | ||
| Q2 24 | $13.4M | $62.4M | ||
| Q1 24 | $16.1M | $172.9M |
总债务LEEPLUG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $3.9M | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $3.8M |
股东权益LEEPLUG
| Q4 25 | $-48.7M | $978.1M | ||
| Q3 25 | $-43.3M | $1.4B | ||
| Q2 25 | $-40.5M | $1.7B | ||
| Q1 25 | $-38.9M | $1.9B | ||
| Q4 24 | $-26.7M | $1.7B | ||
| Q3 24 | $-9.9M | $3.0B | ||
| Q2 24 | $4.0M | $3.0B | ||
| Q1 24 | $7.9M | $2.9B |
总资产LEEPLUG
| Q4 25 | $592.6M | $2.6B | ||
| Q3 25 | $601.7M | $3.1B | ||
| Q2 25 | $622.7M | $3.4B | ||
| Q1 25 | $623.9M | $3.6B | ||
| Q4 24 | $633.0M | $3.6B | ||
| Q3 24 | $649.2M | $4.7B | ||
| Q2 24 | $677.5M | $4.8B | ||
| Q1 24 | $684.8M | $4.8B |
负债/权益比LEEPLUG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $4.5M | $-148.6M |
| 自由现金流经营现金流 - 资本支出 | $3.7M | $-153.0M |
| 自由现金流率自由现金流/营收 | 2.9% | -67.9% |
| 资本支出强度资本支出/营收 | 0.6% | 1.9% |
| 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 | $1.5M | $-647.0M |
8季度趋势，按日历期对齐
经营现金流LEEPLUG
| Q4 25 | $4.5M | $-148.6M | ||
| Q3 25 | $-6.3M | $-89.8M | ||
| Q2 25 | $8.9M | $-191.8M | ||
| Q1 25 | $-790.0K | $-105.6M | ||
| Q4 24 | $-7.3M | $-131.2M | ||
| Q3 24 | $-261.0K | $-174.9M | ||
| Q2 24 | $-1.9M | $-254.7M | ||
| Q1 24 | $3.2M | $-167.7M |
自由现金流LEEPLUG
| Q4 25 | $3.7M | $-153.0M | ||
| Q3 25 | $-8.3M | $-117.5M | ||
| Q2 25 | $8.3M | $-230.4M | ||
| Q1 25 | $-2.2M | $-146.0M | ||
| Q4 24 | $-8.9M | $-165.2M | ||
| Q3 24 | $-2.9M | $-234.2M | ||
| Q2 24 | $-5.5M | $-356.0M | ||
| Q1 24 | $1.3M | $-260.3M |
自由现金流率LEEPLUG
| Q4 25 | 2.9% | -67.9% | ||
| Q3 25 | -6.0% | -66.4% | ||
| Q2 25 | 5.9% | -132.5% | ||
| Q1 25 | -1.6% | -109.2% | ||
| Q4 24 | -6.1% | -86.3% | ||
| Q3 24 | -1.8% | -134.8% | ||
| Q2 24 | -3.6% | -248.4% | ||
| Q1 24 | 0.9% | -216.5% |
资本支出强度LEEPLUG
| Q4 25 | 0.6% | 1.9% | ||
| Q3 25 | 1.4% | 15.6% | ||
| Q2 25 | 0.4% | 22.2% | ||
| Q1 25 | 1.0% | 30.3% | ||
| Q4 24 | 1.1% | 17.7% | ||
| Q3 24 | 1.7% | 34.1% | ||
| Q2 24 | 2.4% | 70.7% | ||
| Q1 24 | 1.3% | 77.0% |
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
LEE
| Advertising And Marketing Services | $60.0M | 46% |
| Subscription And Circulation | $57.7M | 44% |
| Other | $12.4M | 10% |
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
