vs
MGP INGREDIENTS INC（MGPI）与IMPINJ INC（PI）财务数据对比。点击上方公司名可切换其他公司
MGP INGREDIENTS INC的季度营收约是IMPINJ INC的1.9倍（$138.3M vs $74.3M），IMPINJ INC净利率更高（11.2% vs -97.3%，领先108.5%），IMPINJ INC同比增速更快（-0.0% vs -23.5%），MGP INGREDIENTS INC自由现金流更多（$24.3M vs $2.2M），过去两年MGP INGREDIENTS INC的营收复合增速更高（-9.9% vs -14.9%）
MGP配料公司是总部位于美国的优质蒸馏酒、特种小麦和玉米基淀粉及蛋白质配料供应商，服务食品饮料制造、餐饮及工业客户领域，为北美及部分全球市场客户提供定制化配料解决方案。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
MGPI vs PI — 直观对比
营收规模更大
MGPI
是对方的1.9倍
$74.3M
营收增速更快
PI
高出23.5%
-23.5%
净利率更高
PI
高出108.5%
-97.3%
自由现金流更多
MGPI
多$22.0M
$2.2M
两年增速更快
MGPI
近两年复合增速
-14.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $138.3M | $74.3M |
| 净利润 | $-134.6M | $8.3M |
| 毛利率 | 34.9% | 49.1% |
| 营业利润率 | -97.7% | 30.5% |
| 净利率 | -97.3% | 11.2% |
| 营收同比 | -23.5% | -0.0% |
| 净利润同比 | -220.8% | — |
| 每股收益（稀释后） | $-6.23 | $0.14 |
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MGPIPI
| Q1 26 | — | $74.3M | ||
| Q4 25 | $138.3M | $92.8M | ||
| Q3 25 | $130.9M | $96.1M | ||
| Q2 25 | $145.5M | $97.9M | ||
| Q1 25 | $121.7M | $74.3M | ||
| Q4 24 | $180.8M | $91.6M | ||
| Q3 24 | $161.5M | $95.2M | ||
| Q2 24 | $190.8M | $102.5M |
净利润MGPIPI
| Q1 26 | — | $8.3M | ||
| Q4 25 | $-134.6M | $-1.1M | ||
| Q3 25 | $15.4M | $-12.8M | ||
| Q2 25 | $14.4M | $11.6M | ||
| Q1 25 | $-3.0M | $-8.5M | ||
| Q4 24 | $-42.0M | $-2.7M | ||
| Q3 24 | $23.9M | $221.0K | ||
| Q2 24 | $32.1M | $10.0M |
毛利率MGPIPI
| Q1 26 | — | 49.1% | ||
| Q4 25 | 34.9% | 51.8% | ||
| Q3 25 | 37.8% | 50.3% | ||
| Q2 25 | 40.1% | 57.8% | ||
| Q1 25 | 35.6% | 49.4% | ||
| Q4 24 | 41.2% | 50.5% | ||
| Q3 24 | 40.8% | 50.0% | ||
| Q2 24 | 43.6% | 56.1% |
营业利润率MGPIPI
| Q1 26 | — | 30.5% | ||
| Q4 25 | -97.7% | -2.9% | ||
| Q3 25 | 16.1% | 0.7% | ||
| Q2 25 | 14.0% | 11.1% | ||
| Q1 25 | -0.6% | -12.9% | ||
| Q4 24 | -16.8% | -3.9% | ||
| Q3 24 | 20.2% | -0.8% | ||
| Q2 24 | 22.7% | 8.8% |
净利率MGPIPI
| Q1 26 | — | 11.2% | ||
| Q4 25 | -97.3% | -1.2% | ||
| Q3 25 | 11.8% | -13.3% | ||
| Q2 25 | 9.9% | 11.8% | ||
| Q1 25 | -2.5% | -11.4% | ||
| Q4 24 | -23.2% | -2.9% | ||
| Q3 24 | 14.8% | 0.2% | ||
| Q2 24 | 16.8% | 9.7% |
每股收益（稀释后）MGPIPI
| Q1 26 | — | $0.14 | ||
| Q4 25 | $-6.23 | $-0.02 | ||
| Q3 25 | $0.71 | $-0.44 | ||
| Q2 25 | $0.67 | $0.39 | ||
| Q1 25 | $-0.14 | $-0.30 | ||
| Q4 24 | $-1.86 | $-0.06 | ||
| Q3 24 | $1.07 | $0.01 | ||
| Q2 24 | $1.43 | $0.34 |
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 | $18.5M | $131.8M |
| 总债务越低越好 | $245.9M | $241.5M |
| 股东权益账面价值 | $718.4M | — |
| 总资产 | $1.2B | $502.5M |
| 负债/权益比越低杠杆越低 | 0.34× | — |
8季度趋势，按日历期对齐
现金及短期投资MGPIPI
| Q1 26 | — | $131.8M | ||
| Q4 25 | $18.5M | $175.3M | ||
| Q3 25 | $13.4M | $190.1M | ||
| Q2 25 | $17.3M | $193.2M | ||
| Q1 25 | $20.1M | $147.9M | ||
| Q4 24 | $25.3M | $164.7M | ||
| Q3 24 | $20.8M | $170.3M | ||
| Q2 24 | $21.0M | $220.2M |
总债务MGPIPI
| Q1 26 | — | $241.5M | ||
| Q4 25 | $245.9M | $280.9M | ||
| Q3 25 | $262.3M | $280.4M | ||
| Q2 25 | $290.7M | — | ||
| Q1 25 | $290.7M | — | ||
| Q4 24 | $317.1M | $283.5M | ||
| Q3 24 | $283.6M | — | ||
| Q2 24 | $303.0M | — |
股东权益MGPIPI
| Q1 26 | — | — | ||
| Q4 25 | $718.4M | $209.2M | ||
| Q3 25 | $855.2M | $195.0M | ||
| Q2 25 | $841.8M | $187.7M | ||
| Q1 25 | $828.3M | $160.6M | ||
| Q4 24 | $834.2M | $149.9M | ||
| Q3 24 | $914.5M | $136.1M | ||
| Q2 24 | $894.5M | $117.0M |
总资产MGPIPI
| Q1 26 | — | $502.5M | ||
| Q4 25 | $1.2B | $545.2M | ||
| Q3 25 | $1.4B | $516.5M | ||
| Q2 25 | $1.4B | $508.8M | ||
| Q1 25 | $1.4B | $479.8M | ||
| Q4 24 | $1.4B | $489.1M | ||
| Q3 24 | $1.4B | $476.4M | ||
| Q2 24 | $1.4B | $446.1M |
负债/权益比MGPIPI
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | 1.34× | ||
| Q3 25 | 0.31× | 1.44× | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.38× | 1.89× | ||
| Q3 24 | 0.31× | — | ||
| Q2 24 | 0.34× | — |
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 | $29.1M | — |
| 自由现金流经营现金流 - 资本支出 | $24.3M | $2.2M |
| 自由现金流率自由现金流/营收 | 17.5% | 3.0% |
| 资本支出强度资本支出/营收 | 3.5% | — |
| 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 | $76.0M | $61.1M |
8季度趋势，按日历期对齐
经营现金流MGPIPI
| Q1 26 | — | — | ||
| Q4 25 | $29.1M | $15.1M | ||
| Q3 25 | $36.1M | $20.9M | ||
| Q2 25 | $11.7M | $33.9M | ||
| Q1 25 | $44.7M | $-11.1M | ||
| Q4 24 | $28.8M | $12.6M | ||
| Q3 24 | $43.9M | $10.1M | ||
| Q2 24 | $5.0M | $45.5M |
自由现金流MGPIPI
| Q1 26 | — | $2.2M | ||
| Q4 25 | $24.3M | $13.6M | ||
| Q3 25 | $27.6M | $18.0M | ||
| Q2 25 | $-557.0K | $27.3M | ||
| Q1 25 | $24.8M | $-13.0M | ||
| Q4 24 | $10.4M | $8.5M | ||
| Q3 24 | $24.5M | $4.7M | ||
| Q2 24 | $-1.4M | $44.1M |
自由现金流率MGPIPI
| Q1 26 | — | 3.0% | ||
| Q4 25 | 17.5% | 14.7% | ||
| Q3 25 | 21.1% | 18.7% | ||
| Q2 25 | -0.4% | 27.9% | ||
| Q1 25 | 20.4% | -17.5% | ||
| Q4 24 | 5.8% | 9.3% | ||
| Q3 24 | 15.2% | 4.9% | ||
| Q2 24 | -0.7% | 43.0% |
资本支出强度MGPIPI
| Q1 26 | — | — | ||
| Q4 25 | 3.5% | 1.6% | ||
| Q3 25 | 6.5% | 3.1% | ||
| Q2 25 | 8.4% | 6.7% | ||
| Q1 25 | 16.4% | 2.5% | ||
| Q4 24 | 10.1% | 4.5% | ||
| Q3 24 | 12.0% | 5.7% | ||
| Q2 24 | 3.3% | 1.3% |
现金转化率MGPIPI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 0.81× | 2.93× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.84× | 45.56× | ||
| Q2 24 | 0.15× | 4.56× |
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
MGPI
| Branded Spirits | $63.4M | 46% |
| Ingredient Solutions | $31.3M | 23% |
| Specialty Wheat Starches | $16.8M | 12% |
| Mid Spirits | $16.1M | 12% |
| Other Branded Spirits | $8.0M | 6% |
| Commodity Wheat Starch | $2.3M | 2% |
PI
暂无分部数据
