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Penguin Solutions, Inc.（PENG）与INNOVATE Corp.（VATE）财务数据对比。点击上方公司名可切换其他公司
INNOVATE Corp.的季度营收约是Penguin Solutions, Inc.的1.1倍（$382.7M vs $343.1M），Penguin Solutions, Inc.净利率更高（1.5% vs -1.9%，领先3.5%），INNOVATE Corp.同比增速更快（61.7% vs 0.6%），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs 10.2%）
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
创新公司（Innovate Corp.）是一家美国上市金融服务企业，创立于1994年，深耕金融服务领域，面向市场提供多元专业金融相关服务，是美国本土具备多年运营经验的公众金融服务机构。
PENG vs VATE — 直观对比
营收规模更大
VATE
是对方的1.1倍
$343.1M
营收增速更快
VATE
高出61.2%
0.6%
净利率更高
PENG
高出3.5%
-1.9%
两年增速更快
PENG
近两年复合增速
10.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.1M | $382.7M |
| 净利润 | $5.3M | $-7.4M |
| 毛利率 | 28.0% | 15.4% |
| 营业利润率 | 5.7% | 3.7% |
| 净利率 | 1.5% | -1.9% |
| 营收同比 | 0.6% | 61.7% |
| 净利润同比 | 1.0% | 55.4% |
| 每股收益（稀释后） | $0.04 | $-0.57 |
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PENGVATE
| Q4 25 | $343.1M | $382.7M | ||
| Q3 25 | $337.9M | $347.1M | ||
| Q2 25 | $324.3M | $242.0M | ||
| Q1 25 | $365.5M | $274.2M | ||
| Q4 24 | $341.1M | $236.6M | ||
| Q3 24 | $284.8M | $242.2M | ||
| Q2 24 | $300.6M | $313.1M | ||
| Q1 24 | — | $315.2M |
净利润PENGVATE
| Q4 25 | $5.3M | $-7.4M | ||
| Q3 25 | $9.4M | $-8.9M | ||
| Q2 25 | $2.7M | $-19.8M | ||
| Q1 25 | $8.1M | $-24.5M | ||
| Q4 24 | $5.2M | $-16.6M | ||
| Q3 24 | — | $-15.0M | ||
| Q2 24 | $5.6M | $14.4M | ||
| Q1 24 | — | $-17.4M |
毛利率PENGVATE
| Q4 25 | 28.0% | 15.4% | ||
| Q3 25 | 28.6% | 14.3% | ||
| Q2 25 | 29.3% | 18.8% | ||
| Q1 25 | 28.6% | 16.6% | ||
| Q4 24 | 28.7% | 19.6% | ||
| Q3 24 | 28.8% | 19.9% | ||
| Q2 24 | 29.6% | 21.0% | ||
| Q1 24 | — | 15.4% |
营业利润率PENGVATE
| Q4 25 | 5.7% | 3.7% | ||
| Q3 25 | 3.7% | 1.8% | ||
| Q2 25 | 3.0% | 2.0% | ||
| Q1 25 | 5.1% | 1.2% | ||
| Q4 24 | 5.1% | 1.1% | ||
| Q3 24 | -1.2% | 2.4% | ||
| Q2 24 | 3.8% | 9.2% | ||
| Q1 24 | — | 0.9% |
净利率PENGVATE
| Q4 25 | 1.5% | -1.9% | ||
| Q3 25 | 2.8% | -2.6% | ||
| Q2 25 | 0.8% | -8.2% | ||
| Q1 25 | 2.2% | -8.9% | ||
| Q4 24 | 1.5% | -7.0% | ||
| Q3 24 | — | -6.2% | ||
| Q2 24 | 1.9% | 4.6% | ||
| Q1 24 | — | -5.5% |
每股收益（稀释后）PENGVATE
| Q4 25 | $0.04 | $-0.57 | ||
| Q3 25 | $0.10 | $-0.71 | ||
| Q2 25 | $-0.01 | $-1.67 | ||
| Q1 25 | $0.09 | $-1.89 | ||
| Q4 24 | $0.10 | $-0.72 | ||
| Q3 24 | — | $-1.18 | ||
| Q2 24 | $0.10 | $1.03 | ||
| Q1 24 | — | $-2.21 |
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 | $461.5M | $112.1M |
| 总债务越低越好 | $462.3M | $80.3M |
| 股东权益账面价值 | $389.7M | $-240.1M |
| 总资产 | $1.6B | $950.1M |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资PENGVATE
| Q4 25 | $461.5M | $112.1M | ||
| Q3 25 | $453.8M | $35.5M | ||
| Q2 25 | $735.5M | $33.4M | ||
| Q1 25 | $647.0M | $33.3M | ||
| Q4 24 | $393.7M | $48.8M | ||
| Q3 24 | $389.5M | $51.0M | ||
| Q2 24 | $467.5M | $80.2M | ||
| Q1 24 | — | $38.4M |
总债务PENGVATE
| Q4 25 | $462.3M | $80.3M | ||
| Q3 25 | $461.8M | $97.3M | ||
| Q2 25 | $659.5M | $160.1M | ||
| Q1 25 | $658.8M | $139.9M | ||
| Q4 24 | $658.1M | $500.6M | ||
| Q3 24 | $657.3M | $502.4M | ||
| Q2 24 | $667.0M | $638.3M | ||
| Q1 24 | — | $641.5M |
股东权益PENGVATE
| Q4 25 | $389.7M | $-240.1M | ||
| Q3 25 | $394.2M | $-233.3M | ||
| Q2 25 | $584.8M | $-224.8M | ||
| Q1 25 | $602.5M | $-204.2M | ||
| Q4 24 | $400.4M | $-180.4M | ||
| Q3 24 | $391.4M | $-163.1M | ||
| Q2 24 | $423.4M | $-149.0M | ||
| Q1 24 | — | $-184.4M |
总资产PENGVATE
| Q4 25 | $1.6B | $950.1M | ||
| Q3 25 | $1.6B | $913.2M | ||
| Q2 25 | $1.8B | $890.9M | ||
| Q1 25 | $1.8B | $868.0M | ||
| Q4 24 | $1.6B | $891.1M | ||
| Q3 24 | $1.5B | $897.2M | ||
| Q2 24 | $1.5B | $898.9M | ||
| Q1 24 | — | $943.5M |
负债/权益比PENGVATE
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 1.09× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 1.58× | — | ||
| Q1 24 | — | — |
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 | $31.1M | $101.1M |
| 自由现金流经营现金流 - 资本支出 | $28.2M | — |
| 自由现金流率自由现金流/营收 | 8.2% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 5.89× | — |
| 过去12个月自由现金流最近4个季度 | $116.3M | — |
8季度趋势，按日历期对齐
经营现金流PENGVATE
| Q4 25 | $31.1M | $101.1M | ||
| Q3 25 | $-70.4M | $19.2M | ||
| Q2 25 | $92.8M | $40.4M | ||
| Q1 25 | $72.9M | $-14.1M | ||
| Q4 24 | $13.8M | $41.4M | ||
| Q3 24 | — | $-28.4M | ||
| Q2 24 | $57.9M | $21.5M | ||
| Q1 24 | — | $-25.4M |
自由现金流PENGVATE
| Q4 25 | $28.2M | — | ||
| Q3 25 | $-73.4M | $19.0M | ||
| Q2 25 | $90.9M | — | ||
| Q1 25 | $70.5M | $-18.8M | ||
| Q4 24 | $12.0M | $34.2M | ||
| Q3 24 | — | $-31.5M | ||
| Q2 24 | $48.9M | $18.4M | ||
| Q1 24 | — | $-31.0M |
自由现金流率PENGVATE
| Q4 25 | 8.2% | — | ||
| Q3 25 | -21.7% | 5.5% | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 19.3% | -6.9% | ||
| Q4 24 | 3.5% | 14.5% | ||
| Q3 24 | — | -13.0% | ||
| Q2 24 | 16.3% | 5.9% | ||
| Q1 24 | — | -9.8% |
资本支出强度PENGVATE
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.9% | 0.1% | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.6% | 1.7% | ||
| Q4 24 | 0.5% | 3.0% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | 3.0% | 1.0% | ||
| Q1 24 | — | 1.8% |
现金转化率PENGVATE
| Q4 25 | 5.89× | — | ||
| Q3 25 | -7.47× | — | ||
| Q2 25 | 34.88× | — | ||
| Q1 25 | 9.02× | — | ||
| Q4 24 | 2.65× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 10.30× | 1.49× | ||
| 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
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
VATE
| Commercial Revenue | $126.1M | 33% |
| Industrial Revenue | $87.5M | 23% |
| Transportation Revenue | $58.4M | 15% |
| Healthcare Revenue | $48.4M | 13% |
| Government Revenue | $44.3M | 12% |
| Energy Revenue | $8.0M | 2% |
| Broadcast Station Revenue | $5.7M | 1% |
| Systems And Consumables Revenue | $3.1M | 1% |
| Leisure Revenue | $200.0K | 0% |
