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PUMA BIOTECHNOLOGY, INC.（PBYI）与STRATASYS LTD.（SSYS）财务数据对比。点击上方公司名可切换其他公司
STRATASYS LTD.的季度营收约是PUMA BIOTECHNOLOGY, INC.的1.8倍（$137.0M vs $75.5M），PUMA BIOTECHNOLOGY, INC.同比增速更快（27.7% vs -2.2%），PUMA BIOTECHNOLOGY, INC.自由现金流更多（$14.4M vs $2.5M），过去两年PUMA BIOTECHNOLOGY, INC.的营收复合增速更高（31.3% vs -7.4%）
彪马生物技术是一家公开上市的生物制药企业，总部位于美国加利福尼亚州洛杉矶，专注于创新药物研发相关业务，在生物制药领域开展研发与商业化运营。
Stratasys是一家美以合资的增材制造企业，总部注册于以色列，主营聚合物3D打印设备、配套软件与打印材料，同时按需提供3D打印零部件服务。其3D打印方案被工程领域广泛采用，可加工ABS、聚碳酸酯、尼龙12等多种聚合物材料，适配复杂几何构件的建模生产。
PBYI vs SSYS — 直观对比
营收规模更大
SSYS
是对方的1.8倍
$75.5M
营收增速更快
PBYI
高出29.9%
-2.2%
自由现金流更多
PBYI
多$11.9M
$2.5M
两年增速更快
PBYI
近两年复合增速
-7.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.5M | $137.0M |
| 净利润 | — | $-55.6M |
| 毛利率 | 69.3% | 41.0% |
| 营业利润率 | 22.7% | -16.6% |
| 净利率 | — | -40.6% |
| 营收同比 | 27.7% | -2.2% |
| 净利润同比 | — | -109.0% |
| 每股收益（稀释后） | $0.26 | — |
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PBYISSYS
| Q4 25 | $75.5M | — | ||
| Q3 25 | $54.5M | $137.0M | ||
| Q2 25 | $52.4M | $138.1M | ||
| Q1 25 | $46.0M | $136.0M | ||
| Q4 24 | $59.1M | — | ||
| Q3 24 | $80.5M | $140.0M | ||
| Q2 24 | $47.1M | $138.0M | ||
| Q1 24 | $43.8M | $144.1M |
净利润PBYISSYS
| Q4 25 | — | — | ||
| Q3 25 | $8.8M | $-55.6M | ||
| Q2 25 | $5.9M | $-16.7M | ||
| Q1 25 | $3.0M | $-13.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $20.3M | $-26.6M | ||
| Q2 24 | $-4.5M | $-25.7M | ||
| Q1 24 | $-4.8M | $-26.0M |
毛利率PBYISSYS
| Q4 25 | 69.3% | — | ||
| Q3 25 | 77.7% | 41.0% | ||
| Q2 25 | 76.5% | 43.1% | ||
| Q1 25 | 77.1% | 44.3% | ||
| Q4 24 | 76.4% | — | ||
| Q3 24 | 63.9% | 44.8% | ||
| Q2 24 | 77.4% | 43.8% | ||
| Q1 24 | 75.5% | 44.4% |
营业利润率PBYISSYS
| Q4 25 | 22.7% | — | ||
| Q3 25 | 17.6% | -16.6% | ||
| Q2 25 | 12.7% | -12.0% | ||
| Q1 25 | 8.7% | -9.1% | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 27.4% | -18.2% | ||
| Q2 24 | -4.6% | -18.9% | ||
| Q1 24 | -5.3% | -17.0% |
净利率PBYISSYS
| Q4 25 | — | — | ||
| Q3 25 | 16.2% | -40.6% | ||
| Q2 25 | 11.2% | -12.1% | ||
| Q1 25 | 6.5% | -9.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 25.2% | -19.0% | ||
| Q2 24 | -9.6% | -18.6% | ||
| Q1 24 | -11.0% | -18.0% |
每股收益（稀释后）PBYISSYS
| Q4 25 | $0.26 | — | ||
| Q3 25 | $0.17 | — | ||
| Q2 25 | $0.12 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $0.41 | — | ||
| Q2 24 | $-0.09 | — | ||
| Q1 24 | $-0.10 | — |
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 | $97.5M | $71.5M |
| 总债务越低越好 | $22.7M | — |
| 股东权益账面价值 | $130.3M | $852.5M |
| 总资产 | $216.3M | $1.1B |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资PBYISSYS
| Q4 25 | $97.5M | — | ||
| Q3 25 | $94.4M | $71.5M | ||
| Q2 25 | $96.0M | $71.1M | ||
| Q1 25 | $93.2M | $70.1M | ||
| Q4 24 | $101.0M | — | ||
| Q3 24 | $96.7M | $64.0M | ||
| Q2 24 | $96.8M | $70.9M | ||
| Q1 24 | $107.2M | $91.1M |
总债务PBYISSYS
| Q4 25 | $22.7M | — | ||
| Q3 25 | $34.0M | — | ||
| Q2 25 | $45.3M | — | ||
| Q1 25 | $56.7M | — | ||
| Q4 24 | $68.0M | — | ||
| Q3 24 | $79.3M | — | ||
| Q2 24 | $90.7M | — | ||
| Q1 24 | $102.0M | — |
股东权益PBYISSYS
| Q4 25 | $130.3M | — | ||
| Q3 25 | $115.3M | $852.5M | ||
| Q2 25 | $104.7M | $902.4M | ||
| Q1 25 | $97.1M | $784.8M | ||
| Q4 24 | $92.1M | — | ||
| Q3 24 | $71.1M | $831.8M | ||
| Q2 24 | $48.5M | $850.5M | ||
| Q1 24 | $51.0M | $866.1M |
总资产PBYISSYS
| Q4 25 | $216.3M | — | ||
| Q3 25 | $202.9M | $1.1B | ||
| Q2 25 | $194.9M | $1.1B | ||
| Q1 25 | $196.2M | $1.0B | ||
| Q4 24 | $213.3M | — | ||
| Q3 24 | $220.7M | $1.1B | ||
| Q2 24 | $205.0M | $1.1B | ||
| Q1 24 | $214.1M | $1.1B |
负债/权益比PBYISSYS
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 2.00× | — |
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 | $14.4M | $6.9M |
| 自由现金流经营现金流 - 资本支出 | $14.4M | $2.5M |
| 自由现金流率自由现金流/营收 | 19.1% | 1.8% |
| 资本支出强度资本支出/营收 | 0.0% | 3.2% |
| 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 | $41.7M | $-11.5M |
8季度趋势，按日历期对齐
经营现金流PBYISSYS
| Q4 25 | $14.4M | — | ||
| Q3 25 | $9.7M | $6.9M | ||
| Q2 25 | $14.1M | $-1.1M | ||
| Q1 25 | $3.6M | $4.5M | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $11.0M | $-4.5M | ||
| Q2 24 | $1.0M | $-2.4M | ||
| Q1 24 | $11.2M | $7.3M |
自由现金流PBYISSYS
| Q4 25 | $14.4M | — | ||
| Q3 25 | $9.7M | $2.5M | ||
| Q2 25 | $14.1M | $-8.4M | ||
| Q1 25 | $3.6M | $789.0K | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $11.0M | $-6.3M | ||
| Q2 24 | $1.0M | $-4.9M | ||
| Q1 24 | — | $5.0M |
自由现金流率PBYISSYS
| Q4 25 | 19.1% | — | ||
| Q3 25 | 17.7% | 1.8% | ||
| Q2 25 | 26.8% | -6.1% | ||
| Q1 25 | 7.7% | 0.6% | ||
| Q4 24 | 26.4% | — | ||
| Q3 24 | 13.7% | -4.5% | ||
| Q2 24 | 2.1% | -3.6% | ||
| Q1 24 | — | 3.5% |
资本支出强度PBYISSYS
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | 3.2% | ||
| Q2 25 | 0.0% | 5.3% | ||
| Q1 25 | 0.1% | 2.8% | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | 1.3% | ||
| Q2 24 | 0.0% | 1.8% | ||
| Q1 24 | 0.0% | 1.6% |
现金转化率PBYISSYS
| Q4 25 | — | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 2.41× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.54× | — | ||
| 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
