vs
PUMA BIOTECHNOLOGY, INC.（PBYI）与知乎（ZH）财务数据对比。点击上方公司名可切换其他公司
知乎的季度营收约是PUMA BIOTECHNOLOGY, INC.的1.2倍（$92.0M vs $75.5M），过去两年PUMA BIOTECHNOLOGY, INC.的营收复合增速更高（31.3% vs -19.0%）
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。
知乎是中国知名的网络问答社区与内容聚合平台，2011年1月26日正式上线，创始团队发源地为四川成都。平台汇聚各领域创作者，用户可在此提问、分享知识与见解，经过多年发展，已经成长为国内极具影响力的综合内容社区。
PBYI vs ZH — 直观对比
营收规模更大
ZH
是对方的1.2倍
$75.5M
两年增速更快
PBYI
近两年复合增速
-19.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $75.5M | $92.0M |
| 净利润 | — | $30.1M |
| 毛利率 | 69.3% | 53.6% |
| 营业利润率 | 22.7% | — |
| 净利率 | — | 32.7% |
| 营收同比 | 27.7% | — |
| 净利润同比 | — | — |
| 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PBYIZH
| Q1 26 | — | $92.0M | ||
| Q4 25 | $75.5M | — | ||
| Q3 25 | $54.5M | $92.6M | ||
| Q2 25 | $52.4M | $100.1M | ||
| Q1 25 | $46.0M | $100.6M | ||
| Q4 24 | $59.1M | — | ||
| Q3 24 | $80.5M | $120.4M | ||
| Q2 24 | $47.1M | $128.5M |
净利润PBYIZH
| Q1 26 | — | $30.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | $8.8M | — | ||
| Q2 25 | $5.9M | — | ||
| Q1 25 | $3.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $20.3M | $-1.3M | ||
| Q2 24 | $-4.5M | $-11.1M |
毛利率PBYIZH
| Q1 26 | — | 53.6% | ||
| Q4 25 | 69.3% | — | ||
| Q3 25 | 77.7% | 61.3% | ||
| Q2 25 | 76.5% | 62.5% | ||
| Q1 25 | 77.1% | 61.8% | ||
| Q4 24 | 76.4% | — | ||
| Q3 24 | 63.9% | 63.9% | ||
| Q2 24 | 77.4% | 59.6% |
营业利润率PBYIZH
| Q1 26 | — | — | ||
| Q4 25 | 22.7% | — | ||
| Q3 25 | 17.6% | -15.1% | ||
| Q2 25 | 12.7% | -12.7% | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 27.4% | -10.0% | ||
| Q2 24 | -4.6% | -19.7% |
净利率PBYIZH
| Q1 26 | — | 32.7% | ||
| Q4 25 | — | — | ||
| Q3 25 | 16.2% | — | ||
| Q2 25 | 11.2% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 25.2% | -1.1% | ||
| Q2 24 | -9.6% | -8.6% |
每股收益（稀释后）PBYIZH
| Q1 26 | — | — | ||
| 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 | — |
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 | $481.8M |
| 总债务越低越好 | $22.7M | — |
| 股东权益账面价值 | $130.3M | $554.1M |
| 总资产 | $216.3M | $742.3M |
| 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PBYIZH
| Q1 26 | — | $481.8M | ||
| Q4 25 | $97.5M | — | ||
| Q3 25 | $94.4M | $383.5M | ||
| Q2 25 | $96.0M | $446.5M | ||
| Q1 25 | $93.2M | $446.5M | ||
| Q4 24 | $101.0M | — | ||
| Q3 24 | $96.7M | $458.0M | ||
| Q2 24 | $96.8M | $434.7M |
总债务PBYIZH
| Q1 26 | — | — | ||
| 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 | — |
股东权益PBYIZH
| Q1 26 | — | $554.1M | ||
| Q4 25 | $130.3M | — | ||
| Q3 25 | $115.3M | $578.9M | ||
| Q2 25 | $104.7M | $587.4M | ||
| Q1 25 | $97.1M | $573.2M | ||
| Q4 24 | $92.1M | — | ||
| Q3 24 | $71.1M | $619.2M | ||
| Q2 24 | $48.5M | $605.5M |
总资产PBYIZH
| Q1 26 | — | $742.3M | ||
| Q4 25 | $216.3M | — | ||
| Q3 25 | $202.9M | $772.8M | ||
| Q2 25 | $194.9M | $802.2M | ||
| Q1 25 | $196.2M | $783.1M | ||
| Q4 24 | $213.3M | — | ||
| Q3 24 | $220.7M | $856.2M | ||
| Q2 24 | $205.0M | $840.5M |
负债/权益比PBYIZH
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $14.4M | — |
| 自由现金流率自由现金流/营收 | 19.1% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流PBYIZH
| Q1 26 | — | — | ||
| Q4 25 | $14.4M | — | ||
| Q3 25 | $9.7M | — | ||
| Q2 25 | $14.1M | — | ||
| Q1 25 | $3.6M | — | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $11.0M | — | ||
| Q2 24 | $1.0M | — |
自由现金流PBYIZH
| Q1 26 | — | — | ||
| Q4 25 | $14.4M | — | ||
| Q3 25 | $9.7M | — | ||
| Q2 25 | $14.1M | — | ||
| Q1 25 | $3.6M | — | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $11.0M | — | ||
| Q2 24 | $1.0M | — |
自由现金流率PBYIZH
| Q1 26 | — | — | ||
| Q4 25 | 19.1% | — | ||
| Q3 25 | 17.7% | — | ||
| Q2 25 | 26.8% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 26.4% | — | ||
| Q3 24 | 13.7% | — | ||
| Q2 24 | 2.1% | — |
资本支出强度PBYIZH
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — |
现金转化率PBYIZH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 2.41× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
