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Piedmont Realty Trust, Inc.（PDM）与PLUG POWER INC（PLUG）财务数据对比。点击上方公司名可切换其他公司
PLUG POWER INC的季度营收约是Piedmont Realty Trust, Inc.的1.6倍（$225.2M vs $143.3M），Piedmont Realty Trust, Inc.净利率更高（-31.4% vs -375.6%，领先344.2%），PLUG POWER INC同比增速更快（17.6% vs 0.4%），过去两年PLUG POWER INC的营收复合增速更高（36.8% vs 0.0%）
Piedmont Realty Trust是一家公开上市的房地产投资信托（REIT），主要持有、运营和投资美国高增长大都会区的优质写字楼资产，服务科技、专业服务、医疗等多个行业的企业租户，通过战略资产管理和投资组合优化为利益相关方提供稳定长期回报。
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
PDM vs PLUG — 直观对比
营收规模更大
PLUG
是对方的1.6倍
$143.3M
营收增速更快
PLUG
高出17.2%
0.4%
净利率更高
PDM
高出344.2%
-375.6%
两年增速更快
PLUG
近两年复合增速
0.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.3M | $225.2M |
| 净利润 | $-45.0M | $-846.0M |
| 毛利率 | — | 2.4% |
| 营业利润率 | — | -338.9% |
| 净利率 | -31.4% | -375.6% |
| 营收同比 | 0.4% | 17.6% |
| 净利润同比 | -27.9% | 36.7% |
| 每股收益（稀释后） | $-0.10 | $-0.70 |
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PDMPLUG
| Q1 26 | $143.3M | — | ||
| Q4 25 | $142.9M | $225.2M | ||
| Q3 25 | $139.2M | $177.1M | ||
| Q2 25 | $140.3M | $174.0M | ||
| Q1 25 | $142.7M | $133.7M | ||
| Q4 24 | $143.2M | $191.5M | ||
| Q3 24 | $139.3M | $173.7M | ||
| Q2 24 | $143.3M | $143.3M |
净利润PDMPLUG
| Q1 26 | $-45.0M | — | ||
| Q4 25 | $-43.2M | $-846.0M | ||
| Q3 25 | $-13.5M | $-361.9M | ||
| Q2 25 | $-16.8M | $-227.1M | ||
| Q1 25 | $-10.1M | $-196.7M | ||
| Q4 24 | $-30.0M | $-1.3B | ||
| Q3 24 | $-11.5M | $-211.2M | ||
| Q2 24 | $-9.8M | $-262.3M |
毛利率PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | -67.9% | ||
| Q2 25 | — | -30.7% | ||
| Q1 25 | — | -55.3% | ||
| Q4 24 | — | -122.5% | ||
| Q3 24 | — | -57.6% | ||
| Q2 24 | — | -91.6% |
营业利润率PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | -338.9% | ||
| Q3 25 | — | -197.0% | ||
| Q2 25 | — | -101.7% | ||
| Q1 25 | — | -133.5% | ||
| Q4 24 | — | -678.7% | ||
| Q3 24 | — | -124.4% | ||
| Q2 24 | — | -170.7% |
净利率PDMPLUG
| Q1 26 | -31.4% | — | ||
| Q4 25 | -30.3% | -375.6% | ||
| Q3 25 | -9.7% | -204.4% | ||
| Q2 25 | -12.0% | -130.5% | ||
| Q1 25 | -7.1% | -147.1% | ||
| Q4 24 | -20.9% | -697.5% | ||
| Q3 24 | -8.3% | -121.5% | ||
| Q2 24 | -6.8% | -183.0% |
每股收益（稀释后）PDMPLUG
| Q1 26 | $-0.10 | — | ||
| Q4 25 | $-0.34 | $-0.70 | ||
| Q3 25 | $-0.11 | $-0.31 | ||
| Q2 25 | $-0.14 | $-0.20 | ||
| Q1 25 | $-0.08 | $-0.21 | ||
| Q4 24 | $-0.25 | $-1.61 | ||
| Q3 24 | $-0.09 | $-0.25 | ||
| Q2 24 | $-0.08 | $-0.36 |
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 | $2.3M | $368.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $978.1M |
| 总资产 | $4.0B | $2.6B |
| 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PDMPLUG
| Q1 26 | $2.3M | — | ||
| Q4 25 | $731.0K | $368.5M | ||
| Q3 25 | $3.0M | $165.9M | ||
| Q2 25 | $3.3M | $140.7M | ||
| Q1 25 | $2.9M | $295.8M | ||
| Q4 24 | $109.6M | $205.7M | ||
| Q3 24 | $133.6M | $93.9M | ||
| Q2 24 | $138.5M | $62.4M |
总债务PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | $3.9M | ||
| Q2 24 | $2.2B | $3.7M |
股东权益PDMPLUG
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $978.1M | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.6B | $1.9B | ||
| Q4 24 | $1.6B | $1.7B | ||
| Q3 24 | $1.6B | $3.0B | ||
| Q2 24 | $1.7B | $3.0B |
总资产PDMPLUG
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $2.6B | ||
| Q3 25 | $4.0B | $3.1B | ||
| Q2 25 | $4.0B | $3.4B | ||
| Q1 25 | $4.0B | $3.6B | ||
| Q4 24 | $4.1B | $3.6B | ||
| Q3 24 | $4.1B | $4.7B | ||
| Q2 24 | $4.2B | $4.8B |
负债/权益比PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.40× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 1.36× | 0.00× | ||
| Q2 24 | 1.34× | 0.00× |
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 | — | $-148.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-153.0M |
| 自由现金流率自由现金流/营收 | — | -67.9% |
| 资本支出强度资本支出/营收 | 110.3% | 1.9% |
| 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 | — | $-647.0M |
8季度趋势，按日历期对齐
经营现金流PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $-148.6M | ||
| Q3 25 | $35.8M | $-89.8M | ||
| Q2 25 | $50.1M | $-191.8M | ||
| Q1 25 | $3.7M | $-105.6M | ||
| Q4 24 | $198.1M | $-131.2M | ||
| Q3 24 | $42.9M | $-174.9M | ||
| Q2 24 | $66.8M | $-254.7M |
自由现金流PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | $-153.0M | ||
| Q3 25 | — | $-117.5M | ||
| Q2 25 | — | $-230.4M | ||
| Q1 25 | — | $-146.0M | ||
| Q4 24 | — | $-165.2M | ||
| Q3 24 | — | $-234.2M | ||
| Q2 24 | — | $-356.0M |
自由现金流率PDMPLUG
| Q1 26 | — | — | ||
| Q4 25 | — | -67.9% | ||
| Q3 25 | — | -66.4% | ||
| Q2 25 | — | -132.5% | ||
| Q1 25 | — | -109.2% | ||
| Q4 24 | — | -86.3% | ||
| Q3 24 | — | -134.8% | ||
| Q2 24 | — | -248.4% |
资本支出强度PDMPLUG
| Q1 26 | 110.3% | — | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 15.6% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 17.7% | ||
| Q3 24 | — | 34.1% | ||
| Q2 24 | — | 70.7% |
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
PDM
暂无分部数据
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
