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Organogenesis Holdings Inc.（ORGO）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是Organogenesis Holdings Inc.的1.6倍（$362.7M vs $225.6M），Organogenesis Holdings Inc.净利率更高（19.4% vs -10.7%，领先30.0%），Organogenesis Holdings Inc.自由现金流更多（$34.8M vs $-193.1M），过去两年Organogenesis Holdings Inc.的营收复合增速更高（43.2% vs 17.4%）
Organogenesis Holdings Inc.是一家领先的再生医学企业，专注于开发、生产用于伤口护理、外科修复、运动医学和皮肤病领域的先进治疗产品，主要服务美国及部分国际市场的医疗机构与患者，提供经临床验证的医疗解决方案。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
ORGO vs VNET — 直观对比
营收规模更大
VNET
是对方的1.6倍
$225.6M
净利率更高
ORGO
高出30.0%
-10.7%
自由现金流更多
ORGO
多$227.9M
$-193.1M
两年增速更快
ORGO
近两年复合增速
17.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $362.7M |
| 净利润 | $43.7M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 28.1% | 0.5% |
| 净利率 | 19.4% | -10.7% |
| 营收同比 | 78.1% | — |
| 净利润同比 | 469.5% | — |
| 每股收益（稀释后） | $0.31 | — |
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ORGOVNET
| Q4 25 | $225.6M | — | ||
| Q3 25 | $150.9M | $362.7M | ||
| Q2 25 | $101.0M | — | ||
| Q1 25 | $86.7M | $309.5M | ||
| Q4 24 | $126.7M | — | ||
| Q3 24 | $115.2M | $302.2M | ||
| Q2 24 | $130.2M | $274.4M | ||
| Q1 24 | $110.0M | $262.9M |
净利润ORGOVNET
| Q4 25 | $43.7M | — | ||
| Q3 25 | $21.6M | $-38.7M | ||
| Q2 25 | $-9.4M | — | ||
| Q1 25 | $-18.8M | $-2.4M | ||
| Q4 24 | $7.7M | — | ||
| Q3 24 | $12.3M | $-2.1M | ||
| Q2 24 | $-17.0M | $-1.1M | ||
| Q1 24 | $-2.1M | $-22.0M |
毛利率ORGOVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | 72.6% | 25.2% | ||
| Q4 24 | 75.5% | — | ||
| Q3 24 | 76.7% | 23.2% | ||
| Q2 24 | 77.6% | 21.3% | ||
| Q1 24 | 73.9% | 21.6% |
营业利润率ORGOVNET
| Q4 25 | 28.1% | — | ||
| Q3 25 | 13.7% | 0.5% | ||
| Q2 25 | -12.5% | — | ||
| Q1 25 | -30.9% | 0.1% | ||
| Q4 24 | 8.1% | — | ||
| Q3 24 | 5.4% | 24.5% | ||
| Q2 24 | -10.7% | 0.2% | ||
| Q1 24 | -3.5% | 0.2% |
净利率ORGOVNET
| Q4 25 | 19.4% | — | ||
| Q3 25 | 14.3% | -10.7% | ||
| Q2 25 | -9.3% | — | ||
| Q1 25 | -21.7% | -0.8% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 10.7% | -0.7% | ||
| Q2 24 | -13.1% | -0.4% | ||
| Q1 24 | -1.9% | -8.4% |
每股收益（稀释后）ORGOVNET
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.11 | — | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $-0.17 | — | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $-0.13 | — | ||
| Q1 24 | $-0.02 | — |
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 | $93.7M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $300.1M | $890.8M |
| 总资产 | $598.7M | $6.1B |
| 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ORGOVNET
| Q4 25 | $93.7M | — | ||
| Q3 25 | $63.7M | $492.1M | ||
| Q2 25 | $73.1M | — | ||
| Q1 25 | $110.0M | $544.3M | ||
| Q4 24 | $135.6M | — | ||
| Q3 24 | $94.3M | $219.5M | ||
| Q2 24 | $89.9M | $247.2M | ||
| Q1 24 | $88.6M | $246.9M |
总债务ORGOVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $62.3M | $1.2B | ||
| Q2 24 | $63.8M | — | ||
| Q1 24 | $65.2M | — |
股东权益ORGOVNET
| Q4 25 | $300.1M | — | ||
| Q3 25 | $255.1M | $890.8M | ||
| Q2 25 | $233.2M | — | ||
| Q1 25 | $242.9M | $927.8M | ||
| Q4 24 | $262.9M | — | ||
| Q3 24 | $278.5M | $902.9M | ||
| Q2 24 | $263.5M | $900.6M | ||
| Q1 24 | $278.0M | $895.1M |
总资产ORGOVNET
| Q4 25 | $598.7M | — | ||
| Q3 25 | $509.8M | $6.1B | ||
| Q2 25 | $461.1M | — | ||
| Q1 25 | $467.4M | $5.4B | ||
| Q4 24 | $497.9M | — | ||
| Q3 24 | $446.3M | $4.3B | ||
| Q2 24 | $443.2M | $4.0B | ||
| Q1 24 | $458.5M | $3.9B |
负债/权益比ORGOVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.22× | 1.28× | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.23× | — |
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 | $39.4M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $34.8M | $-193.1M |
| 自由现金流率自由现金流/营收 | 15.4% | -53.2% |
| 资本支出强度资本支出/营收 | 2.1% | 84.6% |
| 现金转化率经营现金流/净利润 | 0.90× | — |
| 过去12个月自由现金流最近4个季度 | $-24.5M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流ORGOVNET
| Q4 25 | $39.4M | — | ||
| Q3 25 | $3.1M | $113.8M | ||
| Q2 25 | $-32.9M | — | ||
| Q1 25 | $-19.9M | $27.0M | ||
| Q4 24 | $10.9M | — | ||
| Q3 24 | $8.7M | $108.3M | ||
| Q2 24 | $4.7M | $55.8M | ||
| Q1 24 | $-10.2M | $37.1M |
自由现金流ORGOVNET
| Q4 25 | $34.8M | — | ||
| Q3 25 | $844.0K | $-193.1M | ||
| Q2 25 | $-36.5M | — | ||
| Q1 25 | $-23.6M | $-220.0M | ||
| Q4 24 | $7.6M | — | ||
| Q3 24 | $6.1M | $-95.0M | ||
| Q2 24 | $2.9M | $-81.6M | ||
| Q1 24 | $-12.4M | $-102.2M |
自由现金流率ORGOVNET
| Q4 25 | 15.4% | — | ||
| Q3 25 | 0.6% | -53.2% | ||
| Q2 25 | -36.1% | — | ||
| Q1 25 | -27.2% | -71.1% | ||
| Q4 24 | 6.0% | — | ||
| Q3 24 | 5.3% | -31.4% | ||
| Q2 24 | 2.2% | -29.8% | ||
| Q1 24 | -11.3% | -38.9% |
资本支出强度ORGOVNET
| Q4 25 | 2.1% | — | ||
| Q3 25 | 1.5% | 84.6% | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 4.2% | 79.8% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.2% | 67.3% | ||
| Q2 24 | 1.4% | 50.1% | ||
| Q1 24 | 2.0% | 53.0% |
现金转化率ORGOVNET
| Q4 25 | 0.90× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 0.71× | — | ||
| 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
