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MATRIX SERVICE CO（MTRX）与SunPower Inc.（SPWR）财务数据对比。点击上方公司名可切换其他公司
MATRIX SERVICE CO的季度营收约是SunPower Inc.的2.6倍（$210.5M vs $79.7M）。MATRIX SERVICE CO净利率更高（-0.4% vs -17.8%，领先17.3%）。MATRIX SERVICE CO同比增速更快（12.5% vs -10.1%）。过去两年SunPower Inc.的营收复合增速更高（181.8% vs 12.6%）
Matrix Service旗下的Matrix电信公司是美国一家电信企业，以Matrix商务科技、Trinsic、Excel电信等多个细分品牌运营，面向个人消费者、中小微企业以及多地点分布式企业市场提供语音与数据服务，同时也向电信、无线与有线电视行业提供语音批发服务。
SunPower是一家美国光伏太阳能发电系统与储能电池产品供应商，主要服务住宅客户。公司由斯坦福大学电气工程教授理查德·斯旺森于1985年创立，总部位于加利福尼亚州圣何塞。赛普拉斯半导体2002年收购该公司多数股权后推动其快速发展，SunPower最终于2005年完成上市，目前是全球光伏领域知名企业。
MTRX vs SPWR — 直观对比
营收规模更大
MTRX
是对方的2.6倍
$79.7M
营收增速更快
MTRX
高出22.6%
-10.1%
净利率更高
MTRX
高出17.3%
-17.8%
两年增速更快
SPWR
近两年复合增速
12.6%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $210.5M | $79.7M |
| 净利润 | $-894.0K | $-14.2M |
| 毛利率 | 6.2% | 35.5% |
| 营业利润率 | -1.0% | -27.4% |
| 净利率 | -0.4% | -17.8% |
| 营收同比 | 12.5% | -10.1% |
| 净利润同比 | 83.8% | -130.1% |
| 每股收益（稀释后） | $-0.03 | $-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MTRXSPWR
| Q4 25 | $210.5M | $79.7M | ||
| Q3 25 | $211.9M | $22.0M | ||
| Q2 25 | $216.4M | $67.5M | ||
| Q1 25 | $200.2M | $82.7M | ||
| Q4 24 | $187.2M | $88.7M | ||
| Q3 24 | $165.6M | $5.5M | ||
| Q2 24 | $189.5M | $4.5M | ||
| Q1 24 | $166.0M | $10.0M |
净利润MTRXSPWR
| Q4 25 | $-894.0K | $-14.2M | ||
| Q3 25 | $-3.7M | $-16.9M | ||
| Q2 25 | $-11.3M | $-22.4M | ||
| Q1 25 | $-3.4M | $8.1M | ||
| Q4 24 | $-5.5M | $47.0M | ||
| Q3 24 | $-9.2M | $-78.0M | ||
| Q2 24 | $-4.4M | $-15.9M | ||
| Q1 24 | $-14.6M | $-9.6M |
毛利率MTRXSPWR
| Q4 25 | 6.2% | 35.5% | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | 3.8% | 42.6% | ||
| Q1 25 | 6.4% | 48.5% | ||
| Q4 24 | 5.8% | 46.5% | ||
| Q3 24 | 4.7% | -57.0% | ||
| Q2 24 | 6.6% | -19.9% | ||
| Q1 24 | 3.4% | 22.7% |
营业利润率MTRXSPWR
| Q4 25 | -1.0% | -27.4% | ||
| Q3 25 | -2.6% | -15.7% | ||
| Q2 25 | -6.0% | -4.0% | ||
| Q1 25 | -2.5% | 1.3% | ||
| Q4 24 | -3.4% | -24.2% | ||
| Q3 24 | -6.5% | -541.4% | ||
| Q2 24 | -2.8% | -211.4% | ||
| Q1 24 | -8.7% | -75.1% |
净利率MTRXSPWR
| Q4 25 | -0.4% | -17.8% | ||
| Q3 25 | -1.7% | -76.9% | ||
| Q2 25 | -5.2% | -33.2% | ||
| Q1 25 | -1.7% | 9.8% | ||
| Q4 24 | -3.0% | 53.0% | ||
| Q3 24 | -5.6% | -1408.2% | ||
| Q2 24 | -2.3% | -353.8% | ||
| Q1 24 | -8.8% | -95.5% |
每股收益（稀释后）MTRXSPWR
| Q4 25 | $-0.03 | $-0.05 | ||
| Q3 25 | $-0.13 | $-0.19 | ||
| Q2 25 | $-0.41 | $-0.28 | ||
| Q1 25 | $-0.12 | $0.00 | ||
| Q4 24 | $-0.20 | $0.27 | ||
| Q3 24 | $-0.33 | $-1.03 | ||
| Q2 24 | $-0.16 | $-0.26 | ||
| Q1 24 | $-0.53 | $-0.20 |
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 | $199.0M | $9.6M |
| 总债务越低越好 | — | $164.8M |
| 股东权益账面价值 | $137.6M | $-90.1M |
| 总资产 | $650.2M | $241.2M |
| 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MTRXSPWR
| Q4 25 | $199.0M | $9.6M | ||
| Q3 25 | $192.3M | $5.1M | ||
| Q2 25 | $224.6M | $11.1M | ||
| Q1 25 | $185.5M | $10.6M | ||
| Q4 24 | $156.8M | $13.4M | ||
| Q3 24 | $124.6M | $79.5M | ||
| Q2 24 | $115.6M | $1.8M | ||
| Q1 24 | $69.7M | $1.8M |
总债务MTRXSPWR
| Q4 25 | — | $164.8M | ||
| Q3 25 | — | $204.3M | ||
| Q2 25 | — | $152.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MTRXSPWR
| Q4 25 | $137.6M | $-90.1M | ||
| Q3 25 | $136.3M | $-112.3M | ||
| Q2 25 | $142.7M | $-107.2M | ||
| Q1 25 | $150.7M | $-89.0M | ||
| Q4 24 | $151.9M | $-97.5M | ||
| Q3 24 | $156.5M | $-142.7M | ||
| Q2 24 | $164.2M | $-92.0M | ||
| Q1 24 | $165.8M | $-85.1M |
总资产MTRXSPWR
| Q4 25 | $650.2M | $241.2M | ||
| Q3 25 | $598.2M | $208.3M | ||
| Q2 25 | $600.3M | $163.1M | ||
| Q1 25 | $613.7M | $147.8M | ||
| Q4 24 | $513.8M | $144.5M | ||
| Q3 24 | $470.2M | $107.9M | ||
| Q2 24 | $451.4M | $33.4M | ||
| Q1 24 | $440.0M | $40.9M |
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 | $7.5M | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | $6.3M | — |
| 自由现金流率自由现金流/营收 | 3.0% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 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 | $45.5M | — |
8季度趋势，按日历期对齐
经营现金流MTRXSPWR
| Q4 25 | $7.5M | $-1.9M | ||
| Q3 25 | $-25.9M | $-6.4M | ||
| Q2 25 | $40.7M | $-4.4M | ||
| Q1 25 | $31.2M | $-2.6M | ||
| Q4 24 | $33.6M | $-25.6M | ||
| Q3 24 | $11.9M | $-21.5M | ||
| Q2 24 | $47.0M | $-2.7M | ||
| Q1 24 | $24.8M | $-4.9M |
自由现金流MTRXSPWR
| Q4 25 | $6.3M | — | ||
| Q3 25 | $-27.9M | — | ||
| Q2 25 | $38.4M | — | ||
| Q1 25 | $28.7M | — | ||
| Q4 24 | $32.7M | — | ||
| Q3 24 | $10.0M | — | ||
| Q2 24 | $45.7M | — | ||
| Q1 24 | $20.0M | — |
自由现金流率MTRXSPWR
| Q4 25 | 3.0% | — | ||
| Q3 25 | -13.2% | — | ||
| Q2 25 | 17.8% | — | ||
| Q1 25 | 14.3% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 6.0% | — | ||
| Q2 24 | 24.1% | — | ||
| Q1 24 | 12.1% | — |
资本支出强度MTRXSPWR
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 2.9% | — |
现金转化率MTRXSPWR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | -0.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
MTRX
| Storage And Terminal Solutions | $99.9M | 47% |
| Utility And Power Infrastructure | $75.4M | 36% |
| Process And Industrial Facilities | $35.3M | 17% |
SPWR
| Residential Solar Installation | $46.9M | 59% |
| New Homes Business | $22.7M | 29% |
| Other | $10.1M | 13% |
