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LENSAR, Inc.（LNSR）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
REDWOOD TRUST INC的季度营收约是LENSAR, Inc.的1.8倍（$25.9M vs $14.3M），REDWOOD TRUST INC净利率更高（77.2% vs -10.2%，领先87.4%），LENSAR, Inc.同比增速更快（-3.3% vs -6.1%），过去两年LENSAR, Inc.的营收复合增速更高（28.8% vs -41.0%）
LENSAR, Inc.是一家专注于眼科手术设备研发与商业化的医疗科技企业，主打搭载增强现实技术的高精度白内障手术、屈光晶体置换手术系统，产品销往全球多地的眼科诊所、手术中心及医院。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
LNSR vs RWT — 直观对比
营收规模更大
RWT
是对方的1.8倍
$14.3M
营收增速更快
LNSR
高出2.8%
-6.1%
净利率更高
RWT
高出87.4%
-10.2%
两年增速更快
LNSR
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $14.3M | $25.9M |
| 净利润 | $-1.5M | $20.0M |
| 毛利率 | 36.6% | — |
| 营业利润率 | -34.3% | — |
| 净利率 | -10.2% | 77.2% |
| 营收同比 | -3.3% | -6.1% |
| 净利润同比 | 92.2% | 402.6% |
| 每股收益（稀释后） | $-0.09 | $0.11 |
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LNSRRWT
| Q4 25 | $14.3M | $25.9M | ||
| Q3 25 | $12.8M | $15.0M | ||
| Q2 25 | $12.3M | $13.8M | ||
| Q1 25 | $12.3M | $27.9M | ||
| Q4 24 | $14.8M | $27.6M | ||
| Q3 24 | $11.8M | $25.5M | ||
| Q2 24 | $10.7M | $67.4M | ||
| Q1 24 | $8.6M | $74.5M |
净利润LNSRRWT
| Q4 25 | $-1.5M | $20.0M | ||
| Q3 25 | $-3.7M | $-7.7M | ||
| Q2 25 | $-1.8M | $-98.5M | ||
| Q1 25 | $-27.3M | $16.1M | ||
| Q4 24 | $-18.7M | $-6.6M | ||
| Q3 24 | $-1.5M | $14.8M | ||
| Q2 24 | $-9.0M | $15.5M | ||
| Q1 24 | $-2.2M | $30.3M |
毛利率LNSRRWT
| Q4 25 | 36.6% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 42.7% | — | ||
| Q4 24 | 35.1% | — | ||
| Q3 24 | 38.4% | — | ||
| Q2 24 | 45.5% | — | ||
| Q1 24 | 43.0% | — |
营业利润率LNSRRWT
| Q4 25 | -34.3% | — | ||
| Q3 25 | -59.4% | -9.0% | ||
| Q2 25 | -51.2% | -679.0% | ||
| Q1 25 | -47.2% | 80.2% | ||
| Q4 24 | -8.7% | -1.3% | ||
| Q3 24 | -10.5% | 86.1% | ||
| Q2 24 | -49.4% | 30.3% | ||
| Q1 24 | -33.0% | 41.3% |
净利率LNSRRWT
| Q4 25 | -10.2% | 77.2% | ||
| Q3 25 | -29.1% | -51.4% | ||
| Q2 25 | -14.4% | -712.0% | ||
| Q1 25 | -222.8% | 57.8% | ||
| Q4 24 | -126.2% | -24.0% | ||
| Q3 24 | -12.7% | 58.1% | ||
| Q2 24 | -84.6% | 23.0% | ||
| Q1 24 | -25.0% | 40.6% |
每股收益（稀释后）LNSRRWT
| Q4 25 | $-0.09 | $0.11 | ||
| Q3 25 | $-0.31 | $-0.08 | ||
| Q2 25 | $-0.15 | $-0.76 | ||
| Q1 25 | $-2.32 | $0.10 | ||
| Q4 24 | $-1.62 | $-0.08 | ||
| Q3 24 | $-0.13 | $0.09 | ||
| Q2 24 | $-0.79 | $0.10 | ||
| Q1 24 | $-0.19 | $0.21 |
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 | $18.0M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-26.0M | $982.6M |
| 总资产 | $71.4M | $23.7B |
| 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LNSRRWT
| Q4 25 | $18.0M | $255.7M | ||
| Q3 25 | $16.9M | $226.3M | ||
| Q2 25 | $20.3M | $302.0M | ||
| Q1 25 | $25.2M | $259.9M | ||
| Q4 24 | $22.5M | $245.2M | ||
| Q3 24 | $18.1M | $253.7M | ||
| Q2 24 | $14.2M | $275.6M | ||
| Q1 24 | $17.9M | $275.4M |
总债务LNSRRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益LNSRRWT
| Q4 25 | $-26.0M | $982.6M | ||
| Q3 25 | $-25.9M | $999.0M | ||
| Q2 25 | $-23.1M | $1.1B | ||
| Q1 25 | $-22.1M | $1.2B | ||
| Q4 24 | $4.9M | $1.2B | ||
| Q3 24 | $22.7M | $1.2B | ||
| Q2 24 | $23.6M | $1.2B | ||
| Q1 24 | $31.8M | $1.2B |
总资产LNSRRWT
| Q4 25 | $71.4M | $23.7B | ||
| Q3 25 | $70.2M | $22.6B | ||
| Q2 25 | $70.4M | $21.3B | ||
| Q1 25 | $73.0M | $19.9B | ||
| Q4 24 | $66.3M | $18.3B | ||
| Q3 24 | $62.0M | $18.4B | ||
| Q2 24 | $61.4M | $16.5B | ||
| Q1 24 | $66.1M | $15.1B |
负债/权益比LNSRRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $618.0K | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LNSRRWT
| Q4 25 | $618.0K | $-10.1B | ||
| Q3 25 | $-3.5M | $-2.7B | ||
| Q2 25 | $-5.0M | $-2.1B | ||
| Q1 25 | $-6.9M | $-2.0B | ||
| Q4 24 | $3.7M | $-5.9B | ||
| Q3 24 | $3.2M | $-2.1B | ||
| Q2 24 | $-3.8M | $-2.0B | ||
| Q1 24 | $-5.3M | $-954.2M |
自由现金流LNSRRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-5.1M | — | ||
| Q1 25 | $-6.9M | — | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $3.1M | — | ||
| Q2 24 | $-3.9M | — | ||
| Q1 24 | $-5.3M | — |
自由现金流率LNSRRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -41.3% | — | ||
| Q1 25 | -56.6% | — | ||
| Q4 24 | 24.7% | — | ||
| Q3 24 | 26.5% | — | ||
| Q2 24 | -36.4% | — | ||
| Q1 24 | -61.6% | — |
资本支出强度LNSRRWT
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 0.2% | — |
现金转化率LNSRRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
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
LNSR
| Products | $12.7M | 89% |
| Services | $1.6M | 11% |
RWT
暂无分部数据
