vs
MP Materials Corp.（MP）与Via Renewables, Inc.（VIASP）财务数据对比。点击上方公司名可切换其他公司
Via Renewables, Inc.的季度营收约是MP Materials Corp.的1.4倍（$127.8M vs $90.6M），Via Renewables, Inc.净利率更高（5.4% vs -8.8%，领先14.2%），MP Materials Corp.同比增速更快（49.1% vs 22.5%），过去两年MP Materials Corp.的营收复合增速更高（70.3% vs 5.9%）
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
MP vs VIASP — 直观对比
营收规模更大
VIASP
是对方的1.4倍
$90.6M
营收增速更快
MP
高出26.6%
22.5%
净利率更高
VIASP
高出14.2%
-8.8%
两年增速更快
MP
近两年复合增速
5.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $90.6M | $127.8M |
| 净利润 | $-8.0M | $6.9M |
| 毛利率 | — | 34.4% |
| 营业利润率 | — | 15.2% |
| 净利率 | -8.8% | 5.4% |
| 营收同比 | 49.1% | 22.5% |
| 净利润同比 | 64.8% | -30.9% |
| 每股收益（稀释后） | $-0.04 | $1.19 |
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MPVIASP
| Q1 26 | $90.6M | — | ||
| Q4 25 | $52.7M | $127.8M | ||
| Q3 25 | $53.6M | $103.3M | ||
| Q2 25 | $57.4M | $90.0M | ||
| Q1 25 | $60.8M | $142.3M | ||
| Q4 24 | $61.0M | $104.3M | ||
| Q3 24 | $62.9M | $93.8M | ||
| Q2 24 | $31.3M | $86.7M |
净利润MPVIASP
| Q1 26 | $-8.0M | — | ||
| Q4 25 | $9.4M | $6.9M | ||
| Q3 25 | $-41.8M | $757.0K | ||
| Q2 25 | $-30.9M | $2.7M | ||
| Q1 25 | $-22.6M | $8.8M | ||
| Q4 24 | $-22.3M | $9.9M | ||
| Q3 24 | $-25.5M | $2.1M | ||
| Q2 24 | $-34.1M | $7.6M |
毛利率MPVIASP
| Q1 26 | — | — | ||
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 32.9% | ||
| Q4 24 | — | 51.9% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 50.4% |
营业利润率MPVIASP
| Q1 26 | — | — | ||
| Q4 25 | -7.0% | 15.2% | ||
| Q3 25 | -125.2% | 3.1% | ||
| Q2 25 | -76.5% | 6.7% | ||
| Q1 25 | -57.2% | 17.5% | ||
| Q4 24 | -72.1% | 31.5% | ||
| Q3 24 | -62.8% | 5.3% | ||
| Q2 24 | -171.1% | 23.8% |
净利率MPVIASP
| Q1 26 | -8.8% | — | ||
| Q4 25 | 17.9% | 5.4% | ||
| Q3 25 | -78.0% | 0.7% | ||
| Q2 25 | -53.8% | 3.0% | ||
| Q1 25 | -37.2% | 6.2% | ||
| Q4 24 | -36.6% | 9.5% | ||
| Q3 24 | -40.5% | 2.3% | ||
| Q2 24 | -108.9% | 8.8% |
每股收益（稀释后）MPVIASP
| Q1 26 | $-0.04 | — | ||
| Q4 25 | $0.07 | $1.19 | ||
| Q3 25 | $-0.24 | $-0.41 | ||
| Q2 25 | $-0.19 | $0.09 | ||
| Q1 25 | $-0.14 | $1.83 | ||
| Q4 24 | $-0.12 | $2.33 | ||
| Q3 24 | $-0.16 | $-0.17 | ||
| Q2 24 | $-0.21 | $1.51 |
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 | $1.7B | $41.8M |
| 总债务越低越好 | $1.0B | $120.0M |
| 股东权益账面价值 | $2.0B | $67.7M |
| 总资产 | $3.8B | $331.3M |
| 负债/权益比越低杠杆越低 | 0.51× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资MPVIASP
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.2B | $41.8M | ||
| Q3 25 | $1.1B | $53.6M | ||
| Q2 25 | $261.5M | $62.1M | ||
| Q1 25 | $198.3M | $64.7M | ||
| Q4 24 | $282.4M | $53.1M | ||
| Q3 24 | $284.4M | $66.6M | ||
| Q2 24 | $295.6M | $53.6M |
总债务MPVIASP
| Q1 26 | $1.0B | — | ||
| Q4 25 | $998.7M | $120.0M | ||
| Q3 25 | $997.3M | $105.0M | ||
| Q2 25 | $910.8M | $100.0M | ||
| Q1 25 | $909.8M | $101.0M | ||
| Q4 24 | $908.7M | $106.0M | ||
| Q3 24 | — | $89.0M | ||
| Q2 24 | — | $93.0M |
股东权益MPVIASP
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $67.7M | ||
| Q3 25 | $2.0B | $63.7M | ||
| Q2 25 | $1.0B | $68.2M | ||
| Q1 25 | $1.0B | $72.7M | ||
| Q4 24 | $1.1B | $66.7M | ||
| Q3 24 | $1.1B | $58.2M | ||
| Q2 24 | $1.1B | $58.3M |
总资产MPVIASP
| Q1 26 | $3.8B | — | ||
| Q4 25 | $3.9B | $331.3M | ||
| Q3 25 | $3.8B | $304.8M | ||
| Q2 25 | $2.3B | $316.3M | ||
| Q1 25 | $2.4B | $347.4M | ||
| Q4 24 | $2.3B | $344.9M | ||
| Q3 24 | $2.3B | $298.4M | ||
| Q2 24 | $2.4B | $299.7M |
负债/权益比MPVIASP
| Q1 26 | 0.51× | — | ||
| Q4 25 | 0.50× | 1.77× | ||
| Q3 25 | 0.51× | 1.65× | ||
| Q2 25 | 0.90× | 1.47× | ||
| Q1 25 | 0.88× | 1.39× | ||
| Q4 24 | 0.86× | 1.59× | ||
| Q3 24 | — | 1.53× | ||
| Q2 24 | — | 1.60× |
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 | $-1.9M | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.8M |
| 自由现金流率自由现金流/营收 | — | -3.7% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | -0.61× |
| 过去12个月自由现金流最近4个季度 | — | $39.1M |
8季度趋势，按日历期对齐
经营现金流MPVIASP
| Q1 26 | $-1.9M | — | ||
| Q4 25 | $-46.9M | $-4.2M | ||
| Q3 25 | $-42.0M | $2.4M | ||
| Q2 25 | $-3.7M | $19.0M | ||
| Q1 25 | $-63.2M | $24.9M | ||
| Q4 24 | $30.5M | $2.0M | ||
| Q3 24 | $-6.8M | $20.1M | ||
| Q2 24 | $30.8M | $11.2M |
自由现金流MPVIASP
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $-4.8M | ||
| Q3 25 | $-92.5M | $1.9M | ||
| Q2 25 | $-32.7M | $18.4M | ||
| Q1 25 | $-93.7M | $23.5M | ||
| Q4 24 | $-11.2M | $1.6M | ||
| Q3 24 | $-53.3M | $19.7M | ||
| Q2 24 | $-15.6M | $10.9M |
自由现金流率MPVIASP
| Q1 26 | — | — | ||
| Q4 25 | -207.4% | -3.7% | ||
| Q3 25 | -172.8% | 1.9% | ||
| Q2 25 | -56.9% | 20.5% | ||
| Q1 25 | -154.0% | 16.5% | ||
| Q4 24 | -18.3% | 1.5% | ||
| Q3 24 | -84.7% | 21.0% | ||
| Q2 24 | -50.1% | 12.6% |
资本支出强度MPVIASP
| Q1 26 | — | — | ||
| Q4 25 | 118.5% | 0.4% | ||
| Q3 25 | 94.3% | 0.4% | ||
| Q2 25 | 50.5% | 0.6% | ||
| Q1 25 | 50.1% | 1.0% | ||
| Q4 24 | 68.3% | 0.4% | ||
| Q3 24 | 73.8% | 0.4% | ||
| Q2 24 | 148.7% | 0.3% |
现金转化率MPVIASP
| Q1 26 | — | — | ||
| Q4 25 | -4.97× | -0.61× | ||
| Q3 25 | — | 3.12× | ||
| Q2 25 | — | 6.94× | ||
| Q1 25 | — | 2.84× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 9.41× | ||
| Q2 24 | — | 1.47× |
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
MP
| Materials Segment | $72.2M | 80% |
| Magnetics Segment | $21.1M | 23% |
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
