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Penguin Solutions, Inc.（PENG）与Bristow Group Inc.（VTOL）财务数据对比。点击上方公司名可切换其他公司
Bristow Group Inc.的季度营收约是Penguin Solutions, Inc.的1.1倍（$377.3M vs $343.1M），Bristow Group Inc.净利率更高（4.9% vs 1.5%，领先3.3%），Bristow Group Inc.同比增速更快（6.7% vs 0.6%），Bristow Group Inc.自由现金流更多（$47.8M vs $28.2M），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs 5.8%）
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。
布里斯托集团旗下的布里斯托直升机有限公司是英国民用直升机运营企业，最初扎根于苏格兰阿伯丁机场，目前集团总部设在美国得克萨斯州休斯顿。2020年，布里斯托集团与美国大型商用直升机运营企业Era直升机完成合并，合并后企业沿用布里斯托品牌名称运营。
PENG vs VTOL — 直观对比
营收规模更大
VTOL
是对方的1.1倍
$343.1M
营收增速更快
VTOL
高出6.1%
0.6%
净利率更高
VTOL
高出3.3%
1.5%
自由现金流更多
VTOL
多$19.6M
$28.2M
两年增速更快
PENG
近两年复合增速
5.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.1M | $377.3M |
| 净利润 | $5.3M | $18.4M |
| 毛利率 | 28.0% | — |
| 营业利润率 | 5.7% | 8.5% |
| 净利率 | 1.5% | 4.9% |
| 营收同比 | 0.6% | 6.7% |
| 净利润同比 | 1.0% | -42.1% |
| 每股收益（稀释后） | $0.04 | $0.61 |
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PENGVTOL
| Q4 25 | $343.1M | $377.3M | ||
| Q3 25 | $337.9M | $386.3M | ||
| Q2 25 | $324.3M | $376.4M | ||
| Q1 25 | $365.5M | $350.5M | ||
| Q4 24 | $341.1M | $353.5M | ||
| Q3 24 | $284.8M | $365.1M | ||
| Q2 24 | $300.6M | $359.7M | ||
| Q1 24 | — | $337.1M |
净利润PENGVTOL
| Q4 25 | $5.3M | $18.4M | ||
| Q3 25 | $9.4M | $51.5M | ||
| Q2 25 | $2.7M | $31.7M | ||
| Q1 25 | $8.1M | $27.4M | ||
| Q4 24 | $5.2M | $31.8M | ||
| Q3 24 | — | $28.2M | ||
| Q2 24 | $5.6M | $28.2M | ||
| Q1 24 | — | $6.6M |
毛利率PENGVTOL
| Q4 25 | 28.0% | — | ||
| Q3 25 | 28.6% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 28.7% | — | ||
| Q3 24 | 28.8% | — | ||
| Q2 24 | 29.6% | — | ||
| Q1 24 | — | — |
营业利润率PENGVTOL
| Q4 25 | 5.7% | 8.5% | ||
| Q3 25 | 3.7% | 13.1% | ||
| Q2 25 | 3.0% | 11.3% | ||
| Q1 25 | 5.1% | 9.6% | ||
| Q4 24 | 5.1% | 9.0% | ||
| Q3 24 | -1.2% | 9.1% | ||
| Q2 24 | 3.8% | 12.4% | ||
| Q1 24 | — | 6.8% |
净利率PENGVTOL
| Q4 25 | 1.5% | 4.9% | ||
| Q3 25 | 2.8% | 13.3% | ||
| Q2 25 | 0.8% | 8.4% | ||
| Q1 25 | 2.2% | 7.8% | ||
| Q4 24 | 1.5% | 9.0% | ||
| Q3 24 | — | 7.7% | ||
| Q2 24 | 1.9% | 7.8% | ||
| Q1 24 | — | 2.0% |
每股收益（稀释后）PENGVTOL
| Q4 25 | $0.04 | $0.61 | ||
| Q3 25 | $0.10 | $1.72 | ||
| Q2 25 | $-0.01 | $1.07 | ||
| Q1 25 | $0.09 | $0.92 | ||
| Q4 24 | $0.10 | $1.07 | ||
| Q3 24 | — | $0.95 | ||
| Q2 24 | $0.10 | $0.96 | ||
| Q1 24 | — | $0.23 |
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 | $286.2M |
| 总债务越低越好 | $462.3M | $671.5M |
| 股东权益账面价值 | $389.7M | $1.1B |
| 总资产 | $1.6B | $2.3B |
| 负债/权益比越低杠杆越低 | 1.19× | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资PENGVTOL
| Q4 25 | $461.5M | $286.2M | ||
| Q3 25 | $453.8M | $245.5M | ||
| Q2 25 | $735.5M | $251.8M | ||
| Q1 25 | $647.0M | $191.1M | ||
| Q4 24 | $393.7M | $247.5M | ||
| Q3 24 | $389.5M | $200.3M | ||
| Q2 24 | $467.5M | $178.6M | ||
| Q1 24 | — | $140.6M |
总债务PENGVTOL
| Q4 25 | $462.3M | $671.5M | ||
| Q3 25 | $461.8M | $675.0M | ||
| Q2 25 | $659.5M | $705.2M | ||
| Q1 25 | $658.8M | $701.9M | ||
| Q4 24 | $658.1M | $689.8M | ||
| Q3 24 | $657.3M | $629.1M | ||
| Q2 24 | $667.0M | $594.2M | ||
| Q1 24 | — | $544.1M |
股东权益PENGVTOL
| Q4 25 | $389.7M | $1.1B | ||
| Q3 25 | $394.2M | $1.0B | ||
| Q2 25 | $584.8M | $984.4M | ||
| Q1 25 | $602.5M | $931.7M | ||
| Q4 24 | $400.4M | $891.7M | ||
| Q3 24 | $391.4M | $899.2M | ||
| Q2 24 | $423.4M | $849.1M | ||
| Q1 24 | — | $820.7M |
总资产PENGVTOL
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $1.6B | $2.3B | ||
| Q2 25 | $1.8B | $2.3B | ||
| Q1 25 | $1.8B | $2.2B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $1.5B | $2.1B | ||
| Q2 24 | $1.5B | $2.0B | ||
| Q1 24 | — | $1.9B |
负债/权益比PENGVTOL
| Q4 25 | 1.19× | 0.63× | ||
| Q3 25 | 1.17× | 0.65× | ||
| Q2 25 | 1.13× | 0.72× | ||
| Q1 25 | 1.09× | 0.75× | ||
| Q4 24 | 1.64× | 0.77× | ||
| Q3 24 | 1.68× | 0.70× | ||
| Q2 24 | 1.58× | 0.70× | ||
| Q1 24 | — | 0.66× |
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 | $76.9M |
| 自由现金流经营现金流 - 资本支出 | $28.2M | $47.8M |
| 自由现金流率自由现金流/营收 | 8.2% | 12.7% |
| 资本支出强度资本支出/营收 | 0.8% | 7.7% |
| 现金转化率经营现金流/净利润 | 5.89× | 4.17× |
| 过去12个月自由现金流最近4个季度 | $116.3M | $56.4M |
8季度趋势，按日历期对齐
经营现金流PENGVTOL
| Q4 25 | $31.1M | $76.9M | ||
| Q3 25 | $-70.4M | $23.1M | ||
| Q2 25 | $92.8M | $99.0M | ||
| Q1 25 | $72.9M | $-603.0K | ||
| Q4 24 | $13.8M | $51.1M | ||
| Q3 24 | — | $66.0M | ||
| Q2 24 | $57.9M | $33.7M | ||
| Q1 24 | — | $26.7M |
自由现金流PENGVTOL
| Q4 25 | $28.2M | $47.8M | ||
| Q3 25 | $-73.4M | $-6.2M | ||
| Q2 25 | $90.9M | $67.4M | ||
| Q1 25 | $70.5M | $-52.7M | ||
| Q4 24 | $12.0M | $-32.4M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | $48.9M | $-16.7M | ||
| Q1 24 | — | $-37.9M |
自由现金流率PENGVTOL
| Q4 25 | 8.2% | 12.7% | ||
| Q3 25 | -21.7% | -1.6% | ||
| Q2 25 | 28.0% | 17.9% | ||
| Q1 25 | 19.3% | -15.0% | ||
| Q4 24 | 3.5% | -9.2% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | 16.3% | -4.6% | ||
| Q1 24 | — | -11.2% |
资本支出强度PENGVTOL
| Q4 25 | 0.8% | 7.7% | ||
| Q3 25 | 0.9% | 7.6% | ||
| Q2 25 | 0.6% | 8.4% | ||
| Q1 25 | 0.6% | 14.9% | ||
| Q4 24 | 0.5% | 23.6% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | 3.0% | 14.0% | ||
| Q1 24 | — | 19.2% |
现金转化率PENGVTOL
| Q4 25 | 5.89× | 4.17× | ||
| Q3 25 | -7.47× | 0.45× | ||
| Q2 25 | 34.88× | 3.12× | ||
| Q1 25 | 9.02× | -0.02× | ||
| Q4 24 | 2.65× | 1.61× | ||
| Q3 24 | — | 2.34× | ||
| Q2 24 | 10.30× | 1.20× | ||
| Q1 24 | — | 4.04× |
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% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
