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Monolithic Power Systems（MPWR）与TRUPANION, INC.（TRUP）财务数据对比。点击上方公司名可切换其他公司
Monolithic Power Systems的季度营收约是TRUPANION, INC.的2.0倍（$751.2M vs $376.9M），Monolithic Power Systems同比增速更快（20.8% vs 11.7%），Monolithic Power Systems自由现金流更多（$63.9M vs $25.3M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs 11.0%）
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
Trupanion是总部位于美国华盛顿州西雅图的宠物保险服务商，创立于1999年，业务覆盖美国、加拿大、澳大利亚与波多黎各地区。该公司为宠物提供保险保障服务，所有保单由旗下美国宠物保险公司（APIC）独家承保。
MPWR vs TRUP — 直观对比
营收规模更大
MPWR
是对方的2.0倍
$376.9M
营收增速更快
MPWR
高出9.1%
11.7%
自由现金流更多
MPWR
多$38.6M
$25.3M
两年增速更快
MPWR
近两年复合增速
11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.2M | $376.9M |
| 净利润 | $171.7M | — |
| 毛利率 | 55.2% | 17.3% |
| 营业利润率 | 26.6% | 1.9% |
| 净利率 | 22.9% | — |
| 营收同比 | 20.8% | 11.7% |
| 净利润同比 | -86.3% | — |
| 每股收益（稀释后） | $3.50 | $0.13 |
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MPWRTRUP
| Q4 25 | $751.2M | $376.9M | ||
| Q3 25 | $737.2M | $366.9M | ||
| Q2 25 | $664.6M | $353.6M | ||
| Q1 25 | $637.6M | $342.0M | ||
| Q4 24 | $621.7M | $337.3M | ||
| Q3 24 | $620.1M | $327.5M | ||
| Q2 24 | $507.4M | $314.8M | ||
| Q1 24 | $457.9M | $306.1M |
净利润MPWRTRUP
| Q4 25 | $171.7M | — | ||
| Q3 25 | $179.8M | — | ||
| Q2 25 | $135.0M | — | ||
| Q1 25 | $135.1M | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $144.4M | — | ||
| Q2 24 | $100.4M | — | ||
| Q1 24 | $92.5M | — |
毛利率MPWRTRUP
| Q4 25 | 55.2% | 17.3% | ||
| Q3 25 | 55.1% | 16.4% | ||
| Q2 25 | 55.1% | 15.5% | ||
| Q1 25 | 55.4% | 14.9% | ||
| Q4 24 | 55.4% | 15.7% | ||
| Q3 24 | 55.4% | 15.1% | ||
| Q2 24 | 55.3% | 12.8% | ||
| Q1 24 | 55.1% | 11.8% |
营业利润率MPWRTRUP
| Q4 25 | 26.6% | 1.9% | ||
| Q3 25 | 26.5% | 1.6% | ||
| Q2 25 | 24.8% | 0.7% | ||
| Q1 25 | 26.5% | -0.4% | ||
| Q4 24 | 26.3% | 0.1% | ||
| Q3 24 | 26.5% | 0.5% | ||
| Q2 24 | 23.0% | -1.7% | ||
| Q1 24 | 20.9% | -2.0% |
净利率MPWRTRUP
| Q4 25 | 22.9% | — | ||
| Q3 25 | 24.4% | — | ||
| Q2 25 | 20.3% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 201.8% | — | ||
| Q3 24 | 23.3% | — | ||
| Q2 24 | 19.8% | — | ||
| Q1 24 | 20.2% | — |
每股收益（稀释后）MPWRTRUP
| Q4 25 | $3.50 | $0.13 | ||
| Q3 25 | $3.74 | $0.13 | ||
| Q2 25 | $2.81 | $0.22 | ||
| Q1 25 | $2.81 | $-0.03 | ||
| Q4 24 | $25.71 | $0.04 | ||
| Q3 24 | $2.95 | $0.03 | ||
| Q2 24 | $2.05 | $-0.14 | ||
| Q1 24 | $1.89 | $-0.16 |
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 | $1.3B | $370.7M |
| 总债务越低越好 | — | $101.8M |
| 股东权益账面价值 | $3.5B | $383.9M |
| 总资产 | $4.2B | $915.0M |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资MPWRTRUP
| Q4 25 | $1.3B | $370.7M | ||
| Q3 25 | $1.3B | $348.5M | ||
| Q2 25 | $1.1B | $319.6M | ||
| Q1 25 | $1.0B | $321.8M | ||
| Q4 24 | $862.9M | $307.4M | ||
| Q3 24 | $1.5B | $293.1M | ||
| Q2 24 | $1.3B | $277.2M | ||
| Q1 24 | $1.3B | $275.2M |
总债务MPWRTRUP
| Q4 25 | — | $101.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $127.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MPWRTRUP
| Q4 25 | $3.5B | $383.9M | ||
| Q3 25 | $3.4B | $368.6M | ||
| Q2 25 | $3.2B | $355.5M | ||
| Q1 25 | $3.1B | $333.7M | ||
| Q4 24 | $3.0B | $323.3M | ||
| Q3 24 | $2.4B | $320.2M | ||
| Q2 24 | $2.2B | $305.8M | ||
| Q1 24 | $2.1B | $303.4M |
总资产MPWRTRUP
| Q4 25 | $4.2B | $915.0M | ||
| Q3 25 | $4.1B | $880.2M | ||
| Q2 25 | $3.9B | $847.8M | ||
| Q1 25 | $3.7B | $837.2M | ||
| Q4 24 | $3.5B | $806.9M | ||
| Q3 24 | $2.9B | $816.1M | ||
| Q2 24 | $2.6B | $795.9M | ||
| Q1 24 | $2.6B | $789.5M |
负债/权益比MPWRTRUP
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $104.9M | $29.3M |
| 自由现金流经营现金流 - 资本支出 | $63.9M | $25.3M |
| 自由现金流率自由现金流/营收 | 8.5% | 6.7% |
| 资本支出强度资本支出/营收 | 5.5% | 1.0% |
| 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 | $666.2M | $75.4M |
8季度趋势，按日历期对齐
经营现金流MPWRTRUP
| Q4 25 | $104.9M | $29.3M | ||
| Q3 25 | $239.3M | $29.2M | ||
| Q2 25 | $237.6M | $15.0M | ||
| Q1 25 | $256.4M | $16.0M | ||
| Q4 24 | $167.7M | $23.7M | ||
| Q3 24 | $231.7M | $15.3M | ||
| Q2 24 | $141.0M | $6.9M | ||
| Q1 24 | $248.1M | $2.4M |
自由现金流MPWRTRUP
| Q4 25 | $63.9M | $25.3M | ||
| Q3 25 | $196.8M | $23.9M | ||
| Q2 25 | $189.5M | $12.0M | ||
| Q1 25 | $216.0M | $14.0M | ||
| Q4 24 | $102.9M | $21.8M | ||
| Q3 24 | $197.9M | $13.4M | ||
| Q2 24 | $109.5M | $4.0M | ||
| Q1 24 | $232.1M | $-631.0K |
自由现金流率MPWRTRUP
| Q4 25 | 8.5% | 6.7% | ||
| Q3 25 | 26.7% | 6.5% | ||
| Q2 25 | 28.5% | 3.4% | ||
| Q1 25 | 33.9% | 4.1% | ||
| Q4 24 | 16.5% | 6.5% | ||
| Q3 24 | 31.9% | 4.1% | ||
| Q2 24 | 21.6% | 1.3% | ||
| Q1 24 | 50.7% | -0.2% |
资本支出强度MPWRTRUP
| Q4 25 | 5.5% | 1.0% | ||
| Q3 25 | 5.8% | 1.4% | ||
| Q2 25 | 7.2% | 0.8% | ||
| Q1 25 | 6.3% | 0.6% | ||
| Q4 24 | 10.4% | 0.6% | ||
| Q3 24 | 5.5% | 0.6% | ||
| Q2 24 | 6.2% | 0.9% | ||
| Q1 24 | 3.5% | 1.0% |
现金转化率MPWRTRUP
| Q4 25 | 0.61× | — | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.76× | — | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 1.40× | — | ||
| Q1 24 | 2.68× | — |
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
MPWR
暂无分部数据
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
