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NORTHERN TECHNOLOGIES INTERNATIONAL CORP（NTIC）与XPEL, Inc.（XPEL）财务数据对比。点击上方公司名可切换其他公司
XPEL, Inc.的季度营收约是NORTHERN TECHNOLOGIES INTERNATIONAL CORP的5.2倍（$122.3M vs $23.3M）。XPEL, Inc.净利率更高（11.0% vs 1.0%，领先9.9%）。XPEL, Inc.同比增速更快（13.7% vs 9.2%）。XPEL, Inc.自由现金流更多（$1.6M vs $-479.7K）。过去两年XPEL, Inc.的营收复合增速更高（16.5% vs 5.8%）
该企业为一家美国航天科技公司，专注于地理空间情报、地球观测、在轨卫星服务业务，同时提供卫星产品及相关配套服务。其由数字地球公司与MDA控股公司合并而成，于2017年10月5日正式完成合并组建。
XPEL是全球知名的高性能表面保护膜解决方案供应商，核心产品涵盖汽车漆面保护膜、车窗隔热膜、陶瓷涂层等，业务覆盖北美、欧洲、亚太等主要市场，服务对象包括普通车主、汽车经销商及专业安装服务商。
NTIC vs XPEL — 直观对比
营收规模更大
XPEL
是对方的5.2倍
$23.3M
营收增速更快
XPEL
高出4.5%
9.2%
净利率更高
XPEL
高出9.9%
1.0%
自由现金流更多
XPEL
多$2.1M
$-479.7K
两年增速更快
XPEL
近两年复合增速
5.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $23.3M | $122.3M |
| 净利润 | $237.8K | $13.4M |
| 毛利率 | 36.0% | 41.9% |
| 营业利润率 | 4.0% | 12.7% |
| 净利率 | 1.0% | 11.0% |
| 营收同比 | 9.2% | 13.7% |
| 净利润同比 | -57.6% | 50.7% |
| 每股收益（稀释后） | $0.03 | $0.48 |
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NTICXPEL
| Q4 25 | $23.3M | $122.3M | ||
| Q3 25 | $22.3M | $125.4M | ||
| Q2 25 | $21.5M | $124.7M | ||
| Q1 25 | $19.1M | $103.8M | ||
| Q4 24 | $21.3M | $107.5M | ||
| Q3 24 | $23.3M | $112.9M | ||
| Q2 24 | $20.7M | $109.9M | ||
| Q1 24 | $20.8M | $90.1M |
净利润NTICXPEL
| Q4 25 | $237.8K | $13.4M | ||
| Q3 25 | $-1.1M | $12.9M | ||
| Q2 25 | $121.8K | $16.3M | ||
| Q1 25 | $434.3K | $8.6M | ||
| Q4 24 | $561.1K | $8.9M | ||
| Q3 24 | $1.8M | $14.9M | ||
| Q2 24 | $976.6K | $15.0M | ||
| Q1 24 | $1.7M | $6.7M |
毛利率NTICXPEL
| Q4 25 | 36.0% | 41.9% | ||
| Q3 25 | 37.9% | 41.8% | ||
| Q2 25 | 38.4% | 42.9% | ||
| Q1 25 | 35.6% | 42.3% | ||
| Q4 24 | 38.3% | 40.6% | ||
| Q3 24 | 43.8% | 42.5% | ||
| Q2 24 | 38.2% | 43.5% | ||
| Q1 24 | 40.0% | 42.0% |
营业利润率NTICXPEL
| Q4 25 | 4.0% | 12.7% | ||
| Q3 25 | 4.2% | 13.4% | ||
| Q2 25 | 4.0% | 15.5% | ||
| Q1 25 | -1.7% | 10.7% | ||
| Q4 24 | 5.2% | 11.5% | ||
| Q3 24 | 11.8% | 16.3% | ||
| Q2 24 | 7.4% | 17.5% | ||
| Q1 24 | 10.6% | 10.2% |
净利率NTICXPEL
| Q4 25 | 1.0% | 11.0% | ||
| Q3 25 | -4.9% | 10.3% | ||
| Q2 25 | 0.6% | 13.1% | ||
| Q1 25 | 2.3% | 8.3% | ||
| Q4 24 | 2.6% | 8.3% | ||
| Q3 24 | 7.9% | 13.2% | ||
| Q2 24 | 4.7% | 13.7% | ||
| Q1 24 | 8.2% | 7.4% |
每股收益（稀释后）NTICXPEL
| Q4 25 | $0.03 | $0.48 | ||
| Q3 25 | $-0.11 | $0.47 | ||
| Q2 25 | $0.01 | $0.59 | ||
| Q1 25 | $0.04 | $0.31 | ||
| Q4 24 | $0.06 | $0.33 | ||
| Q3 24 | $0.19 | $0.54 | ||
| Q2 24 | $0.10 | $0.54 | ||
| Q1 24 | $0.17 | $0.24 |
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 | $6.4M | $50.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $72.4M | $280.3M |
| 总资产 | $104.0M | $382.5M |
| 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NTICXPEL
| Q4 25 | $6.4M | $50.9M | ||
| Q3 25 | $7.3M | $64.5M | ||
| Q2 25 | $6.8M | $49.6M | ||
| Q1 25 | $5.1M | $23.5M | ||
| Q4 24 | $5.6M | $22.1M | ||
| Q3 24 | $5.0M | $21.0M | ||
| Q2 24 | $5.8M | $15.0M | ||
| Q1 24 | $4.8M | $8.6M |
股东权益NTICXPEL
| Q4 25 | $72.4M | $280.3M | ||
| Q3 25 | $72.1M | $269.3M | ||
| Q2 25 | $72.4M | $255.7M | ||
| Q1 25 | $69.7M | $235.5M | ||
| Q4 24 | $70.2M | $225.5M | ||
| Q3 24 | $71.2M | $218.7M | ||
| Q2 24 | $68.9M | $201.9M | ||
| Q1 24 | $68.4M | $186.4M |
总资产NTICXPEL
| Q4 25 | $104.0M | $382.5M | ||
| Q3 25 | $102.7M | $387.7M | ||
| Q2 25 | $99.3M | $318.1M | ||
| Q1 25 | $93.7M | $294.8M | ||
| Q4 24 | $94.0M | $285.6M | ||
| Q3 24 | $94.7M | $273.0M | ||
| Q2 24 | $89.3M | $261.8M | ||
| Q1 24 | $87.3M | $258.5M |
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 | $341.9K | $2.7M |
| 自由现金流经营现金流 - 资本支出 | $-479.7K | $1.6M |
| 自由现金流率自由现金流/营收 | -2.1% | 1.3% |
| 资本支出强度资本支出/营收 | 3.5% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.44× | 0.20× |
| 过去12个月自由现金流最近4个季度 | $-1.8M | $62.9M |
8季度趋势，按日历期对齐
经营现金流NTICXPEL
| Q4 25 | $341.9K | $2.7M | ||
| Q3 25 | $-1.4M | $33.2M | ||
| Q2 25 | $609.7K | $27.9M | ||
| Q1 25 | $803.7K | $3.2M | ||
| Q4 24 | $2.4M | $6.3M | ||
| Q3 24 | — | $19.6M | ||
| Q2 24 | $1.9M | $26.9M | ||
| Q1 24 | — | $-5.0M |
自由现金流NTICXPEL
| Q4 25 | $-479.7K | $1.6M | ||
| Q3 25 | $-1.4M | $32.2M | ||
| Q2 25 | $-171.2K | $26.9M | ||
| Q1 25 | $293.1K | $2.2M | ||
| Q4 24 | $1.2M | $4.7M | ||
| Q3 24 | — | $18.3M | ||
| Q2 24 | $869.4K | $25.1M | ||
| Q1 24 | — | $-7.0M |
自由现金流率NTICXPEL
| Q4 25 | -2.1% | 1.3% | ||
| Q3 25 | -6.3% | 25.6% | ||
| Q2 25 | -0.8% | 21.6% | ||
| Q1 25 | 1.5% | 2.1% | ||
| Q4 24 | 5.5% | 4.4% | ||
| Q3 24 | — | 16.2% | ||
| Q2 24 | 4.2% | 22.8% | ||
| Q1 24 | — | -7.7% |
资本支出强度NTICXPEL
| Q4 25 | 3.5% | 0.9% | ||
| Q3 25 | 0.2% | 0.8% | ||
| Q2 25 | 3.6% | 0.8% | ||
| Q1 25 | 2.7% | 1.0% | ||
| Q4 24 | 5.7% | 1.5% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | 5.2% | 1.6% | ||
| Q1 24 | — | 2.2% |
现金转化率NTICXPEL
| Q4 25 | 1.44× | 0.20× | ||
| Q3 25 | — | 2.56× | ||
| Q2 25 | 5.01× | 1.71× | ||
| Q1 25 | 1.85× | 0.38× | ||
| Q4 24 | 4.27× | 0.71× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | 1.99× | 1.79× | ||
| Q1 24 | — | -0.74× |
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
NTIC
| Inside The USA To Unaffiliated Customers | $7.5M | 32% |
| Natur Tec | $6.0M | 26% |
| Acobal | $3.6M | 15% |
| Other | $2.7M | 12% |
| BR | $2.1M | 9% |
| Zerust OY | $1.4M | 6% |
XPEL
| Products | $90.9M | 74% |
| Service Revenue Installation Labor | $23.8M | 19% |
| Service Revenue Cutbank Credits | $4.1M | 3% |
| Service Revenue Software | $2.2M | 2% |
