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PUMA BIOTECHNOLOGY, INC.（PBYI）与TUCOWS INC（TCX）财务数据对比。点击上方公司名可切换其他公司
TUCOWS INC的季度营收约是PUMA BIOTECHNOLOGY, INC.的1.3倍（$98.7M vs $75.5M），PUMA BIOTECHNOLOGY, INC.同比增速更快（27.7% vs 6.0%），PUMA BIOTECHNOLOGY, INC.自由现金流更多（$14.4M vs $-7.0M），过去两年PUMA BIOTECHNOLOGY, INC.的营收复合增速更高（31.3% vs 6.2%）
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。
图考兹是一家美加合资的互联网服务与电信企业，总部设立于加拿大安大略省多伦多市，在美国宾夕法尼亚州注册。公司旗下包含三大独立业务板块，分别是域名注册服务Tucows Domains、光纤网络服务Ting Internet以及通信软件服务商Wavelo。
PBYI vs TCX — 直观对比
营收规模更大
TCX
是对方的1.3倍
$75.5M
营收增速更快
PBYI
高出21.7%
6.0%
自由现金流更多
PBYI
多$21.3M
$-7.0M
两年增速更快
PBYI
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.5M | $98.7M |
| 净利润 | — | $-22.0M |
| 毛利率 | 69.3% | 24.5% |
| 营业利润率 | 22.7% | -9.1% |
| 净利率 | — | -22.3% |
| 营收同比 | 27.7% | 6.0% |
| 净利润同比 | — | 48.1% |
| 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PBYITCX
| Q4 25 | $75.5M | $98.7M | ||
| Q3 25 | $54.5M | $98.6M | ||
| Q2 25 | $52.4M | $98.5M | ||
| Q1 25 | $46.0M | $94.6M | ||
| Q4 24 | $59.1M | $93.1M | ||
| Q3 24 | $80.5M | $92.3M | ||
| Q2 24 | $47.1M | $89.4M | ||
| Q1 24 | $43.8M | $87.5M |
净利润PBYITCX
| Q4 25 | — | $-22.0M | ||
| Q3 25 | $8.8M | $-23.0M | ||
| Q2 25 | $5.9M | $-15.6M | ||
| Q1 25 | $3.0M | $-15.1M | ||
| Q4 24 | — | $-42.5M | ||
| Q3 24 | $20.3M | $-22.3M | ||
| Q2 24 | $-4.5M | $-18.6M | ||
| Q1 24 | $-4.8M | $-26.5M |
毛利率PBYITCX
| Q4 25 | 69.3% | 24.5% | ||
| Q3 25 | 77.7% | 24.5% | ||
| Q2 25 | 76.5% | 22.5% | ||
| Q1 25 | 77.1% | 24.9% | ||
| Q4 24 | 76.4% | 23.3% | ||
| Q3 24 | 63.9% | 24.0% | ||
| Q2 24 | 77.4% | 23.3% | ||
| Q1 24 | 75.5% | 20.9% |
营业利润率PBYITCX
| Q4 25 | 22.7% | -9.1% | ||
| Q3 25 | 17.6% | -9.7% | ||
| Q2 25 | 12.7% | -2.9% | ||
| Q1 25 | 8.7% | -2.1% | ||
| Q4 24 | 22.6% | -32.1% | ||
| Q3 24 | 27.4% | -10.9% | ||
| Q2 24 | -4.6% | -9.6% | ||
| Q1 24 | -5.3% | -18.9% |
净利率PBYITCX
| Q4 25 | — | -22.3% | ||
| Q3 25 | 16.2% | -23.4% | ||
| Q2 25 | 11.2% | -15.9% | ||
| Q1 25 | 6.5% | -16.0% | ||
| Q4 24 | — | -45.6% | ||
| Q3 24 | 25.2% | -24.2% | ||
| Q2 24 | -9.6% | -20.8% | ||
| Q1 24 | -11.0% | -30.3% |
每股收益（稀释后）PBYITCX
| 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 | $46.8M |
| 总债务越低越好 | $22.7M | $190.4M |
| 股东权益账面价值 | $130.3M | $-164.2M |
| 总资产 | $216.3M | $730.9M |
| 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PBYITCX
| Q4 25 | $97.5M | $46.8M | ||
| Q3 25 | $94.4M | $54.1M | ||
| Q2 25 | $96.0M | $52.0M | ||
| Q1 25 | $93.2M | $38.1M | ||
| Q4 24 | $101.0M | $56.9M | ||
| Q3 24 | $96.7M | $75.2M | ||
| Q2 24 | $96.8M | $39.3M | ||
| Q1 24 | $107.2M | $66.6M |
总债务PBYITCX
| Q4 25 | $22.7M | $190.4M | ||
| Q3 25 | $34.0M | — | ||
| Q2 25 | $45.3M | — | ||
| Q1 25 | $56.7M | — | ||
| Q4 24 | $68.0M | $195.4M | ||
| Q3 24 | $79.3M | — | ||
| Q2 24 | $90.7M | — | ||
| Q1 24 | $102.0M | — |
股东权益PBYITCX
| Q4 25 | $130.3M | $-164.2M | ||
| Q3 25 | $115.3M | $-144.1M | ||
| Q2 25 | $104.7M | $-121.7M | ||
| Q1 25 | $97.1M | $-108.3M | ||
| Q4 24 | $92.1M | $-95.3M | ||
| Q3 24 | $71.1M | $-53.1M | ||
| Q2 24 | $48.5M | $-33.1M | ||
| Q1 24 | $51.0M | $-15.9M |
总资产PBYITCX
| Q4 25 | $216.3M | $730.9M | ||
| Q3 25 | $202.9M | $735.5M | ||
| Q2 25 | $194.9M | $742.2M | ||
| Q1 25 | $196.2M | $741.9M | ||
| Q4 24 | $213.3M | $758.8M | ||
| Q3 24 | $220.7M | $799.0M | ||
| Q2 24 | $205.0M | $758.2M | ||
| Q1 24 | $214.1M | $780.3M |
负债/权益比PBYITCX
| 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 | $-2.6M |
| 自由现金流经营现金流 - 资本支出 | $14.4M | $-7.0M |
| 自由现金流率自由现金流/营收 | 19.1% | -7.1% |
| 资本支出强度资本支出/营收 | 0.0% | 4.4% |
| 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 | $-22.9M |
8季度趋势，按日历期对齐
经营现金流PBYITCX
| Q4 25 | $14.4M | $-2.6M | ||
| Q3 25 | $9.7M | $1.5M | ||
| Q2 25 | $14.1M | $6.6M | ||
| Q1 25 | $3.6M | $-11.3M | ||
| Q4 24 | $15.6M | $-4.8M | ||
| Q3 24 | $11.0M | $-4.6M | ||
| Q2 24 | $1.0M | $-4.7M | ||
| Q1 24 | $11.2M | $-5.7M |
自由现金流PBYITCX
| Q4 25 | $14.4M | $-7.0M | ||
| Q3 25 | $9.7M | $-2.3M | ||
| Q2 25 | $14.1M | $3.1M | ||
| Q1 25 | $3.6M | $-16.7M | ||
| Q4 24 | $15.6M | $-16.5M | ||
| Q3 24 | $11.0M | $-19.1M | ||
| Q2 24 | $1.0M | $-20.7M | ||
| Q1 24 | — | $-20.0M |
自由现金流率PBYITCX
| Q4 25 | 19.1% | -7.1% | ||
| Q3 25 | 17.7% | -2.4% | ||
| Q2 25 | 26.8% | 3.1% | ||
| Q1 25 | 7.7% | -17.6% | ||
| Q4 24 | 26.4% | -17.7% | ||
| Q3 24 | 13.7% | -20.7% | ||
| Q2 24 | 2.1% | -23.1% | ||
| Q1 24 | — | -22.9% |
资本支出强度PBYITCX
| Q4 25 | 0.0% | 4.4% | ||
| Q3 25 | 0.0% | 3.9% | ||
| Q2 25 | 0.0% | 3.5% | ||
| Q1 25 | 0.1% | 5.7% | ||
| Q4 24 | 0.0% | 12.5% | ||
| Q3 24 | 0.0% | 15.7% | ||
| Q2 24 | 0.0% | 17.8% | ||
| Q1 24 | 0.0% | 16.4% |
现金转化率PBYITCX
| 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
业务分部营收拆解
PBYI
暂无分部数据
TCX
| Wholesale | $57.0M | 58% |
| Fiber Internet Services | $16.5M | 17% |
| Wavelo | $13.0M | 13% |
| Platform Services | $11.7M | 12% |
