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LIGHTPATH TECHNOLOGIES INC（LPTH）与Usio, Inc.（USIO）财务数据对比。点击上方公司名可切换其他公司
Usio, Inc.的季度营收约是LIGHTPATH TECHNOLOGIES INC的1.4倍（$22.2M vs $16.4M），Usio, Inc.净利率更高（-6.7% vs -57.5%，领先50.8%），LIGHTPATH TECHNOLOGIES INC同比增速更快（120.2% vs 8.2%），LIGHTPATH TECHNOLOGIES INC自由现金流更多（$2.0M vs $1.1M），过去两年LIGHTPATH TECHNOLOGIES INC的营收复合增速更高（45.7% vs 3.0%）
LightPath Technologies Inc是一家精密光学组件及组件生产商，主营非球面透镜、红外光学器件、光纤产品等，服务工业自动化、航空航天、国防、医疗成像、电信等领域的全球客户，提供标准及定制化光学解决方案。
Usio, Inc.是总部位于美国得克萨斯州圣安东尼奥的金融科技企业，主打综合电子支付服务，业务涵盖ACH交易处理、信用卡与借记卡收单、为软件平台提供支付便利、预付卡发行，同时还经营文件打印邮寄业务。
LPTH vs USIO — 直观对比
营收规模更大
USIO
是对方的1.4倍
$16.4M
营收增速更快
LPTH
高出112.0%
8.2%
净利率更高
USIO
高出50.8%
-57.5%
自由现金流更多
LPTH
多$877.1K
$1.1M
两年增速更快
LPTH
近两年复合增速
3.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $16.4M | $22.2M |
| 净利润 | $-9.4M | $-1.5M |
| 毛利率 | 36.8% | 21.9% |
| 营业利润率 | -52.6% | -5.7% |
| 净利率 | -57.5% | -6.7% |
| 营收同比 | 120.2% | 8.2% |
| 净利润同比 | -260.1% | -337.8% |
| 每股收益（稀释后） | $-0.20 | $-0.05 |
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LPTHUSIO
| Q4 25 | $16.4M | $22.2M | ||
| Q3 25 | $15.1M | $21.2M | ||
| Q2 25 | $12.2M | $20.0M | ||
| Q1 25 | $9.2M | $22.0M | ||
| Q4 24 | $7.4M | $20.6M | ||
| Q3 24 | $8.4M | $21.3M | ||
| Q2 24 | $8.6M | $20.1M | ||
| Q1 24 | $7.7M | $21.0M |
净利润LPTHUSIO
| Q4 25 | $-9.4M | $-1.5M | ||
| Q3 25 | $-2.9M | $-415.1K | ||
| Q2 25 | $-7.1M | $-366.7K | ||
| Q1 25 | $-3.6M | $-235.0K | ||
| Q4 24 | $-2.6M | $628.9K | ||
| Q3 24 | $-1.6M | $2.9M | ||
| Q2 24 | $-2.4M | $75.5K | ||
| Q1 24 | $-2.6M | $-250.2K |
毛利率LPTHUSIO
| Q4 25 | 36.8% | 21.9% | ||
| Q3 25 | 29.8% | 23.0% | ||
| Q2 25 | 22.0% | 25.8% | ||
| Q1 25 | 29.1% | 21.9% | ||
| Q4 24 | 26.0% | 24.6% | ||
| Q3 24 | 33.9% | 23.0% | ||
| Q2 24 | 29.2% | 23.9% | ||
| Q1 24 | 20.9% | 23.1% |
营业利润率LPTHUSIO
| Q4 25 | -52.6% | -5.7% | ||
| Q3 25 | -16.6% | -2.2% | ||
| Q2 25 | -38.0% | -2.0% | ||
| Q1 25 | -36.3% | -1.1% | ||
| Q4 24 | -33.5% | -2.9% | ||
| Q3 24 | -16.4% | -1.8% | ||
| Q2 24 | -25.6% | -1.0% | ||
| Q1 24 | -33.6% | -1.3% |
净利率LPTHUSIO
| Q4 25 | -57.5% | -6.7% | ||
| Q3 25 | -19.2% | -2.0% | ||
| Q2 25 | -57.8% | -1.8% | ||
| Q1 25 | -39.1% | -1.1% | ||
| Q4 24 | -35.2% | 3.1% | ||
| Q3 24 | -19.3% | 13.4% | ||
| Q2 24 | -27.3% | 0.4% | ||
| Q1 24 | -33.7% | -1.2% |
每股收益（稀释后）LPTHUSIO
| Q4 25 | $-0.20 | $-0.05 | ||
| Q3 25 | $-0.07 | $-0.02 | ||
| Q2 25 | $0.19 | $-0.01 | ||
| Q1 25 | $-0.44 | $-0.01 | ||
| Q4 24 | $-0.07 | $0.03 | ||
| Q3 24 | $-0.04 | $0.10 | ||
| Q2 24 | $-0.15 | $0.00 | ||
| Q1 24 | $-0.07 | $-0.01 |
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 | $73.6M | $7.4M |
| 总债务越低越好 | — | $1.4M |
| 股东权益账面价值 | $77.9M | $17.9M |
| 总资产 | $148.6M | $134.9M |
| 负债/权益比越低杠杆越低 | — | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资LPTHUSIO
| Q4 25 | $73.6M | $7.4M | ||
| Q3 25 | — | $7.7M | ||
| Q2 25 | $4.9M | $8.1M | ||
| Q1 25 | — | $8.7M | ||
| Q4 24 | — | $8.1M | ||
| Q3 24 | — | $8.4M | ||
| Q2 24 | — | $7.2M | ||
| Q1 24 | — | $7.1M |
总债务LPTHUSIO
| Q4 25 | — | $1.4M | ||
| Q3 25 | — | $836.7K | ||
| Q2 25 | — | $647.1K | ||
| Q1 25 | — | $683.3K | ||
| Q4 24 | — | $719.4K | ||
| Q3 24 | — | $562.9K | ||
| Q2 24 | $535.0K | $597.2K | ||
| Q1 24 | $599.4K | $630.9K |
股东权益LPTHUSIO
| Q4 25 | $77.9M | $17.9M | ||
| Q3 25 | $21.4M | $18.7M | ||
| Q2 25 | $15.6M | $18.7M | ||
| Q1 25 | $15.7M | $19.0M | ||
| Q4 24 | $26.7M | $19.2M | ||
| Q3 24 | $29.4M | $18.9M | ||
| Q2 24 | $30.2M | $15.7M | ||
| Q1 24 | $31.7M | $15.3M |
总资产LPTHUSIO
| Q4 25 | $148.6M | $134.9M | ||
| Q3 25 | $87.3M | $99.4M | ||
| Q2 25 | $81.5M | $108.4M | ||
| Q1 25 | $81.4M | $109.6M | ||
| Q4 24 | $45.8M | $107.2M | ||
| Q3 24 | $48.4M | $114.6M | ||
| Q2 24 | $48.1M | $108.8M | ||
| Q1 24 | $49.7M | $99.1M |
负债/权益比LPTHUSIO
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.03× | ||
| Q2 24 | 0.02× | 0.04× | ||
| Q1 24 | 0.02× | 0.04× |
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 | $2.8M | $1.5M |
| 自由现金流经营现金流 - 资本支出 | $2.0M | $1.1M |
| 自由现金流率自由现金流/营收 | 12.0% | 4.8% |
| 资本支出强度资本支出/营收 | 5.3% | 2.0% |
| 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 | $-6.3M | $1.7M |
8季度趋势，按日历期对齐
经营现金流LPTHUSIO
| Q4 25 | $2.8M | $1.5M | ||
| Q3 25 | $-1.1M | $303.8K | ||
| Q2 25 | $-2.6M | $-263.9K | ||
| Q1 25 | $-3.2M | $1.4M | ||
| Q4 24 | $-737.4K | $2.9M | ||
| Q3 24 | $-1.7M | $1.4M | ||
| Q2 24 | $64.7K | $369.1K | ||
| Q1 24 | $-394.2K | $88.7K |
自由现金流LPTHUSIO
| Q4 25 | $2.0M | $1.1M | ||
| Q3 25 | $-1.2M | $85.2K | ||
| Q2 25 | $-3.3M | $-503.2K | ||
| Q1 25 | $-3.7M | $1.1M | ||
| Q4 24 | $-817.8K | $2.7M | ||
| Q3 24 | $-1.8M | $1.4M | ||
| Q2 24 | $-225.5K | $246.3K | ||
| Q1 24 | $-802.5K | $-88.1K |
自由现金流率LPTHUSIO
| Q4 25 | 12.0% | 4.8% | ||
| Q3 25 | -8.1% | 0.4% | ||
| Q2 25 | -27.3% | -2.5% | ||
| Q1 25 | -40.0% | 4.8% | ||
| Q4 24 | -11.0% | 13.1% | ||
| Q3 24 | -21.2% | 6.4% | ||
| Q2 24 | -2.6% | 1.2% | ||
| Q1 24 | -10.4% | -0.4% |
资本支出强度LPTHUSIO
| Q4 25 | 5.3% | 2.0% | ||
| Q3 25 | 0.5% | 1.0% | ||
| Q2 25 | 5.6% | 1.2% | ||
| Q1 25 | 4.6% | 1.4% | ||
| Q4 24 | 1.1% | 1.0% | ||
| Q3 24 | 0.9% | 0.3% | ||
| Q2 24 | 3.4% | 0.6% | ||
| Q1 24 | 5.3% | 0.8% |
现金转化率LPTHUSIO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.61× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 4.89× | ||
| 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
LPTH
| Other | $7.9M | 48% |
| Infrared Components | $5.0M | 31% |
| Visible Components | $3.4M | 21% |
USIO
| Credit Card Revenue | $7.7M | 35% |
| ACH And Complementary Service Revenue | $6.1M | 28% |
| Output Solutions | $5.4M | 24% |
| Prepaid Card Services Revenue | $2.6M | 12% |
