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NOVANTA INC（NOVT）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是NOVANTA INC的4.5倍（$1.2B vs $258.3M）。Sunrun Inc.净利率更高（8.9% vs 6.8%，领先2.2%）。Sunrun Inc.同比增速更快（123.5% vs 8.5%）。过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 5.8%）
Novanta Inc是一家全球技术供应商，主营高精度光子学、运动控制与机器视觉解决方案，核心服务领域覆盖医疗设备制造、先进工业自动化、机器人及生命科学行业，助力全球客户提升产品性能、推动技术创新。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
NOVT vs RUN — 直观对比
营收规模更大
RUN
是对方的4.5倍
$258.3M
营收增速更快
RUN
高出115.0%
8.5%
净利率更高
RUN
高出2.2%
6.8%
两年增速更快
RUN
近两年复合增速
5.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $258.3M | $1.2B |
| 净利润 | $17.5M | $103.6M |
| 毛利率 | 43.8% | — |
| 营业利润率 | 9.6% | 8.4% |
| 净利率 | 6.8% | 8.9% |
| 营收同比 | 8.5% | 123.5% |
| 净利润同比 | 6.1% | 103.7% |
| 每股收益（稀释后） | $0.46 | $0.38 |
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NOVTRUN
| Q4 25 | $258.3M | $1.2B | ||
| Q3 25 | $247.8M | $724.6M | ||
| Q2 25 | $241.0M | $569.3M | ||
| Q1 25 | $233.4M | $504.3M | ||
| Q4 24 | $238.1M | $518.5M | ||
| Q3 24 | $244.4M | $537.2M | ||
| Q2 24 | $235.9M | $523.9M | ||
| Q1 24 | $230.9M | $458.2M |
净利润NOVTRUN
| Q4 25 | $17.5M | $103.6M | ||
| Q3 25 | $10.7M | $16.6M | ||
| Q2 25 | $4.5M | $279.8M | ||
| Q1 25 | $21.2M | $50.0M | ||
| Q4 24 | $16.5M | $-2.8B | ||
| Q3 24 | $19.2M | $-83.8M | ||
| Q2 24 | $13.8M | $139.1M | ||
| Q1 24 | $14.7M | $-87.8M |
毛利率NOVTRUN
| Q4 25 | 43.8% | — | ||
| Q3 25 | 44.8% | — | ||
| Q2 25 | 44.3% | — | ||
| Q1 25 | 44.7% | — | ||
| Q4 24 | 45.5% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.0% | — | ||
| Q1 24 | 43.5% | — |
营业利润率NOVTRUN
| Q4 25 | 9.6% | 8.4% | ||
| Q3 25 | 8.8% | 0.5% | ||
| Q2 25 | 6.2% | -19.7% | ||
| Q1 25 | 13.9% | -22.8% | ||
| Q4 24 | 11.2% | -628.0% | ||
| Q3 24 | 13.3% | -23.8% | ||
| Q2 24 | 10.9% | -24.4% | ||
| Q1 24 | 11.1% | -40.0% |
净利率NOVTRUN
| Q4 25 | 6.8% | 8.9% | ||
| Q3 25 | 4.3% | 2.3% | ||
| Q2 25 | 1.9% | 49.1% | ||
| Q1 25 | 9.1% | 9.9% | ||
| Q4 24 | 6.9% | -542.7% | ||
| Q3 24 | 7.9% | -15.6% | ||
| Q2 24 | 5.8% | 26.5% | ||
| Q1 24 | 6.4% | -19.2% |
每股收益（稀释后）NOVTRUN
| Q4 25 | $0.46 | $0.38 | ||
| Q3 25 | $0.30 | $0.06 | ||
| Q2 25 | $0.12 | $1.07 | ||
| Q1 25 | $0.59 | $0.20 | ||
| Q4 24 | $0.45 | $-12.59 | ||
| Q3 24 | $0.53 | $-0.37 | ||
| Q2 24 | $0.38 | $0.55 | ||
| Q1 24 | $0.41 | $-0.40 |
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 | $380.9M | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $1.3B | $3.1B |
| 总资产 | $1.8B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资NOVTRUN
| Q4 25 | $380.9M | — | ||
| Q3 25 | $89.2M | — | ||
| Q2 25 | $109.9M | — | ||
| Q1 25 | $106.0M | — | ||
| Q4 24 | $114.0M | — | ||
| Q3 24 | $92.7M | — | ||
| Q2 24 | $98.5M | — | ||
| Q1 24 | $93.5M | — |
总债务NOVTRUN
| Q4 25 | — | $14.7B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | — | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $12.5B | ||
| Q2 24 | — | $12.0B | ||
| Q1 24 | — | $11.1B |
股东权益NOVTRUN
| Q4 25 | $1.3B | $3.1B | ||
| Q3 25 | $801.5M | $3.0B | ||
| Q2 25 | $801.4M | $2.9B | ||
| Q1 25 | $769.8M | $2.6B | ||
| Q4 24 | $745.7M | $2.6B | ||
| Q3 24 | $742.2M | $5.3B | ||
| Q2 24 | $702.0M | $5.4B | ||
| Q1 24 | $681.7M | $5.2B |
总资产NOVTRUN
| Q4 25 | $1.8B | $22.6B | ||
| Q3 25 | $1.5B | $22.2B | ||
| Q2 25 | $1.5B | $21.2B | ||
| Q1 25 | $1.4B | $20.4B | ||
| Q4 24 | $1.4B | $19.9B | ||
| Q3 24 | $1.4B | $22.1B | ||
| Q2 24 | $1.4B | $21.4B | ||
| Q1 24 | $1.4B | $20.8B |
负债/权益比NOVTRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | — | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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 | $8.8M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $5.1M | — |
| 自由现金流率自由现金流/营收 | 2.0% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 0.50× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $48.4M | — |
8季度趋势，按日历期对齐
经营现金流NOVTRUN
| Q4 25 | $8.8M | $96.9M | ||
| Q3 25 | $8.5M | $-121.5M | ||
| Q2 25 | $15.1M | $-292.7M | ||
| Q1 25 | $31.7M | $-104.2M | ||
| Q4 24 | $61.6M | $-258.4M | ||
| Q3 24 | $23.0M | $-156.2M | ||
| Q2 24 | $41.1M | $-208.5M | ||
| Q1 24 | $32.8M | $-143.1M |
自由现金流NOVTRUN
| Q4 25 | $5.1M | — | ||
| Q3 25 | $4.2M | — | ||
| Q2 25 | $11.7M | — | ||
| Q1 25 | $27.4M | — | ||
| Q4 24 | $59.3M | — | ||
| Q3 24 | $19.5M | $-156.4M | ||
| Q2 24 | $36.2M | — | ||
| Q1 24 | $26.4M | — |
自由现金流率NOVTRUN
| Q4 25 | 2.0% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 8.0% | -29.1% | ||
| Q2 24 | 15.3% | — | ||
| Q1 24 | 11.4% | — |
资本支出强度NOVTRUN
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.5% | 0.0% | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 2.8% | — |
现金转化率NOVTRUN
| Q4 25 | 0.50× | 0.94× | ||
| Q3 25 | 0.80× | -7.33× | ||
| Q2 25 | 3.35× | -1.05× | ||
| Q1 25 | 1.49× | -2.08× | ||
| Q4 24 | 3.74× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 2.99× | -1.50× | ||
| Q1 24 | 2.24× | — |
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
NOVT
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
