vs
IMPINJ INC（PI）与Quest Resource Holding Corp（QRHC）财务数据对比。点击上方公司名可切换其他公司
IMPINJ INC的季度营收约是Quest Resource Holding Corp的1.3倍（$74.3M vs $58.9M），IMPINJ INC净利率更高（11.2% vs -2.8%，领先14.0%），IMPINJ INC同比增速更快（-0.0% vs -15.8%），IMPINJ INC自由现金流更多（$2.2M vs $1.0M），过去两年Quest Resource Holding Corp的营收复合增速更高（-10.0% vs -14.9%）
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
Quest Resource Holding Corp是北美地区的可持续发展及废弃物管理服务提供商，面向商业、工业及零售客户提供一体化废弃物回收、资源化利用解决方案，帮助企业减少废弃物排放、降低运营成本，达成既定环保目标。
PI vs QRHC — 直观对比
营收规模更大
PI
是对方的1.3倍
$58.9M
营收增速更快
PI
高出15.8%
-15.8%
净利率更高
PI
高出14.0%
-2.8%
自由现金流更多
PI
多$1.2M
$1.0M
两年增速更快
QRHC
近两年复合增速
-14.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $58.9M |
| 净利润 | $8.3M | $-1.7M |
| 毛利率 | 49.1% | 15.5% |
| 营业利润率 | 30.5% | 0.9% |
| 净利率 | 11.2% | -2.8% |
| 营收同比 | -0.0% | -15.8% |
| 净利润同比 | — | 82.6% |
| 每股收益（稀释后） | $0.14 | $-0.08 |
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PIQRHC
| Q1 26 | $74.3M | — | ||
| Q4 25 | $92.8M | $58.9M | ||
| Q3 25 | $96.1M | $63.3M | ||
| Q2 25 | $97.9M | $59.5M | ||
| Q1 25 | $74.3M | $68.4M | ||
| Q4 24 | $91.6M | $70.0M | ||
| Q3 24 | $95.2M | $72.8M | ||
| Q2 24 | $102.5M | $73.1M |
净利润PIQRHC
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $-1.7M | ||
| Q3 25 | $-12.8M | $-1.3M | ||
| Q2 25 | $11.6M | $-2.0M | ||
| Q1 25 | $-8.5M | $-10.4M | ||
| Q4 24 | $-2.7M | $-9.5M | ||
| Q3 24 | $221.0K | $-3.4M | ||
| Q2 24 | $10.0M | $-1.5M |
毛利率PIQRHC
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | 15.5% | ||
| Q3 25 | 50.3% | 18.1% | ||
| Q2 25 | 57.8% | 18.5% | ||
| Q1 25 | 49.4% | 16.0% | ||
| Q4 24 | 50.5% | 15.3% | ||
| Q3 24 | 50.0% | 16.1% | ||
| Q2 24 | 56.1% | 18.5% |
营业利润率PIQRHC
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | 0.9% | ||
| Q3 25 | 0.7% | 1.7% | ||
| Q2 25 | 11.1% | 0.6% | ||
| Q1 25 | -12.9% | -11.9% | ||
| Q4 24 | -3.9% | -10.3% | ||
| Q3 24 | -0.8% | -1.3% | ||
| Q2 24 | 8.8% | 2.4% |
净利率PIQRHC
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | -2.8% | ||
| Q3 25 | -13.3% | -2.1% | ||
| Q2 25 | 11.8% | -3.3% | ||
| Q1 25 | -11.4% | -15.2% | ||
| Q4 24 | -2.9% | -13.6% | ||
| Q3 24 | 0.2% | -4.7% | ||
| Q2 24 | 9.7% | -2.1% |
每股收益（稀释后）PIQRHC
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $-0.08 | ||
| Q3 25 | $-0.44 | $-0.06 | ||
| Q2 25 | $0.39 | $-0.09 | ||
| Q1 25 | $-0.30 | $-0.50 | ||
| Q4 24 | $-0.06 | $-0.47 | ||
| Q3 24 | $0.01 | $-0.16 | ||
| Q2 24 | $0.34 | $-0.07 |
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 | $131.8M | $1.0M |
| 总债务越低越好 | $241.5M | $64.0M |
| 股东权益账面价值 | — | $40.5M |
| 总资产 | $502.5M | $145.6M |
| 负债/权益比越低杠杆越低 | — | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资PIQRHC
| Q1 26 | $131.8M | — | ||
| Q4 25 | $175.3M | $1.0M | ||
| Q3 25 | $190.1M | $1.1M | ||
| Q2 25 | $193.2M | $449.0K | ||
| Q1 25 | $147.9M | $1.4M | ||
| Q4 24 | $164.7M | $396.0K | ||
| Q3 24 | $170.3M | $1.1M | ||
| Q2 24 | $220.2M | $957.5K |
总债务PIQRHC
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | $64.0M | ||
| Q3 25 | $280.4M | $65.4M | ||
| Q2 25 | — | $69.7M | ||
| Q1 25 | — | $74.1M | ||
| Q4 24 | $283.5M | $76.3M | ||
| Q3 24 | — | $71.9M | ||
| Q2 24 | — | $70.7M |
股东权益PIQRHC
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $40.5M | ||
| Q3 25 | $195.0M | $42.0M | ||
| Q2 25 | $187.7M | $42.9M | ||
| Q1 25 | $160.6M | $44.4M | ||
| Q4 24 | $149.9M | $54.2M | ||
| Q3 24 | $136.1M | $62.8M | ||
| Q2 24 | $117.0M | $65.6M |
总资产PIQRHC
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $145.6M | ||
| Q3 25 | $516.5M | $149.3M | ||
| Q2 25 | $508.8M | $153.1M | ||
| Q1 25 | $479.8M | $165.7M | ||
| Q4 24 | $489.1M | $175.6M | ||
| Q3 24 | $476.4M | $178.2M | ||
| Q2 24 | $446.1M | $181.8M |
负债/权益比PIQRHC
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 1.58× | ||
| Q3 25 | 1.44× | 1.56× | ||
| Q2 25 | — | 1.62× | ||
| Q1 25 | — | 1.67× | ||
| Q4 24 | 1.89× | 1.41× | ||
| Q3 24 | — | 1.15× | ||
| Q2 24 | — | 1.08× |
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 | — | $1.1M |
| 自由现金流经营现金流 - 资本支出 | $2.2M | $1.0M |
| 自由现金流率自由现金流/营收 | 3.0% | 1.7% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 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 | $61.1M | $9.3M |
8季度趋势，按日历期对齐
经营现金流PIQRHC
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $1.1M | ||
| Q3 25 | $20.9M | $5.7M | ||
| Q2 25 | $33.9M | $3.9M | ||
| Q1 25 | $-11.1M | $-1.1M | ||
| Q4 24 | $12.6M | $-4.8M | ||
| Q3 24 | $10.1M | $-475.0K | ||
| Q2 24 | $45.5M | $808.0K |
自由现金流PIQRHC
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | $1.0M | ||
| Q3 25 | $18.0M | $5.6M | ||
| Q2 25 | $27.3M | $3.9M | ||
| Q1 25 | $-13.0M | $-1.2M | ||
| Q4 24 | $8.5M | $-5.2M | ||
| Q3 24 | $4.7M | $-583.0K | ||
| Q2 24 | $44.1M | $-1.4M |
自由现金流率PIQRHC
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | 1.7% | ||
| Q3 25 | 18.7% | 8.9% | ||
| Q2 25 | 27.9% | 6.5% | ||
| Q1 25 | -17.5% | -1.8% | ||
| Q4 24 | 9.3% | -7.4% | ||
| Q3 24 | 4.9% | -0.8% | ||
| Q2 24 | 43.0% | -2.0% |
资本支出强度PIQRHC
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 0.1% | ||
| Q3 25 | 3.1% | 0.0% | ||
| Q2 25 | 6.7% | 0.0% | ||
| Q1 25 | 2.5% | 0.2% | ||
| Q4 24 | 4.5% | 0.6% | ||
| Q3 24 | 5.7% | 0.1% | ||
| Q2 24 | 1.3% | 3.1% |
现金转化率PIQRHC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.93× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 45.56× | — | ||
| Q2 24 | 4.56× | — |
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
PI
暂无分部数据
QRHC
| Services | $55.8M | 95% |
| Product Sales And Other | $3.1M | 5% |
