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Ranpak Holdings Corp.（PACK）与IMPINJ INC（PI）财务数据对比。点击上方公司名可切换其他公司
Ranpak Holdings Corp.的季度营收约是IMPINJ INC的1.3倍（$93.7M vs $74.3M），Ranpak Holdings Corp.同比增速更快（2.3% vs -0.0%），过去两年Ranpak Holdings Corp.的营收复合增速更高（13.7% vs -14.9%）
Ranpak Holdings Corp.主营生产防护纸质包装设备与纸制品，可为电商及各行业货品运输提供纸质缓冲包装方案，同时也供应自动化包装解决方案。公司总部位于美国俄亥俄州康科德，在美国本土多个州、捷克、荷兰、中国上海及新加坡均设有生产基地与办公室，产品可用于包裹缠绕、缓冲填隙、冷链运输等多种场景。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
PACK vs PI — 直观对比
营收规模更大
PACK
是对方的1.3倍
$74.3M
营收增速更快
PACK
高出2.3%
-0.0%
两年增速更快
PACK
近两年复合增速
-14.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $93.7M | $74.3M |
| 净利润 | — | $8.3M |
| 毛利率 | 39.0% | 49.1% |
| 营业利润率 | -1.0% | 30.5% |
| 净利率 | — | 11.2% |
| 营收同比 | 2.3% | -0.0% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.11 | $0.14 |
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PACKPI
| Q1 26 | — | $74.3M | ||
| Q4 25 | $93.7M | $92.8M | ||
| Q3 25 | $83.6M | $96.1M | ||
| Q2 25 | $77.8M | $97.9M | ||
| Q1 25 | $77.6M | $74.3M | ||
| Q4 24 | $91.6M | $91.6M | ||
| Q3 24 | $78.6M | $95.2M | ||
| Q2 24 | $72.8M | $102.5M |
净利润PACKPI
| Q1 26 | — | $8.3M | ||
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $-10.4M | $-12.8M | ||
| Q2 25 | $-7.5M | $11.6M | ||
| Q1 25 | $-10.9M | $-8.5M | ||
| Q4 24 | — | $-2.7M | ||
| Q3 24 | $-8.1M | $221.0K | ||
| Q2 24 | $5.5M | $10.0M |
毛利率PACKPI
| Q1 26 | — | 49.1% | ||
| Q4 25 | 39.0% | 51.8% | ||
| Q3 25 | 41.1% | 50.3% | ||
| Q2 25 | 37.1% | 57.8% | ||
| Q1 25 | 39.8% | 49.4% | ||
| Q4 24 | 45.2% | 50.5% | ||
| Q3 24 | 43.8% | 50.0% | ||
| Q2 24 | 43.5% | 56.1% |
营业利润率PACKPI
| Q1 26 | — | 30.5% | ||
| Q4 25 | -1.0% | -2.9% | ||
| Q3 25 | -6.8% | 0.7% | ||
| Q2 25 | -12.5% | 11.1% | ||
| Q1 25 | -10.3% | -12.9% | ||
| Q4 24 | 1.5% | -3.9% | ||
| Q3 24 | -5.3% | -0.8% | ||
| Q2 24 | -7.1% | 8.8% |
净利率PACKPI
| Q1 26 | — | 11.2% | ||
| Q4 25 | — | -1.2% | ||
| Q3 25 | -12.4% | -13.3% | ||
| Q2 25 | -9.6% | 11.8% | ||
| Q1 25 | -14.0% | -11.4% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | -10.3% | 0.2% | ||
| Q2 24 | 7.6% | 9.7% |
每股收益（稀释后）PACKPI
| Q1 26 | — | $0.14 | ||
| Q4 25 | $-0.11 | $-0.02 | ||
| Q3 25 | $-0.12 | $-0.44 | ||
| Q2 25 | $-0.09 | $0.39 | ||
| Q1 25 | $-0.13 | $-0.30 | ||
| Q4 24 | $-0.13 | $-0.06 | ||
| Q3 24 | $-0.10 | $0.01 | ||
| Q2 24 | $0.07 | $0.34 |
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 | $63.0M | $131.8M |
| 总债务越低越好 | $401.9M | $241.5M |
| 股东权益账面价值 | $534.9M | — |
| 总资产 | $1.1B | $502.5M |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资PACKPI
| Q1 26 | — | $131.8M | ||
| Q4 25 | $63.0M | $175.3M | ||
| Q3 25 | $49.9M | $190.1M | ||
| Q2 25 | $49.2M | $193.2M | ||
| Q1 25 | $65.5M | $147.9M | ||
| Q4 24 | $76.1M | $164.7M | ||
| Q3 24 | $69.5M | $170.3M | ||
| Q2 24 | $65.1M | $220.2M |
总债务PACKPI
| Q1 26 | — | $241.5M | ||
| Q4 25 | $401.9M | $280.9M | ||
| Q3 25 | $403.1M | $280.4M | ||
| Q2 25 | $403.1M | — | ||
| Q1 25 | $405.2M | — | ||
| Q4 24 | $406.4M | $283.5M | ||
| Q3 24 | $403.2M | — | ||
| Q2 24 | $396.1M | — |
股东权益PACKPI
| Q1 26 | — | — | ||
| Q4 25 | $534.9M | $209.2M | ||
| Q3 25 | $537.8M | $195.0M | ||
| Q2 25 | $539.0M | $187.7M | ||
| Q1 25 | $544.1M | $160.6M | ||
| Q4 24 | $548.1M | $149.9M | ||
| Q3 24 | $564.3M | $136.1M | ||
| Q2 24 | $566.2M | $117.0M |
总资产PACKPI
| Q1 26 | — | $502.5M | ||
| Q4 25 | $1.1B | $545.2M | ||
| Q3 25 | $1.1B | $516.5M | ||
| Q2 25 | $1.1B | $508.8M | ||
| Q1 25 | $1.1B | $479.8M | ||
| Q4 24 | $1.1B | $489.1M | ||
| Q3 24 | $1.1B | $476.4M | ||
| Q2 24 | $1.1B | $446.1M |
负债/权益比PACKPI
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | 1.34× | ||
| Q3 25 | 0.75× | 1.44× | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.74× | 1.89× | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.70× | — |
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 | $19.5M | — |
| 自由现金流经营现金流 - 资本支出 | — | $2.2M |
| 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 | — | — |
| 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 | — | $61.1M |
8季度趋势，按日历期对齐
经营现金流PACKPI
| Q1 26 | — | — | ||
| Q4 25 | $19.5M | $15.1M | ||
| Q3 25 | $8.5M | $20.9M | ||
| Q2 25 | $-3.6M | $33.9M | ||
| Q1 25 | $-1.3M | $-11.1M | ||
| Q4 24 | $6.5M | $12.6M | ||
| Q3 24 | $10.1M | $10.1M | ||
| Q2 24 | $19.6M | $45.5M |
自由现金流PACKPI
| Q1 26 | — | $2.2M | ||
| Q4 25 | — | $13.6M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | — | $27.3M | ||
| Q1 25 | — | $-13.0M | ||
| Q4 24 | — | $8.5M | ||
| Q3 24 | — | $4.7M | ||
| Q2 24 | — | $44.1M |
自由现金流率PACKPI
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 27.9% | ||
| Q1 25 | — | -17.5% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 43.0% |
资本支出强度PACKPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 1.3% |
现金转化率PACKPI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.93× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 45.56× | ||
| Q2 24 | 3.56× | 4.56× |
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
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
PI
暂无分部数据
