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IMPINJ INC（PI）与FreightCar America, Inc.（RAIL）财务数据对比。点击上方公司名可切换其他公司
FreightCar America, Inc.的季度营收约是IMPINJ INC的1.7倍（$125.5M vs $74.3M），IMPINJ INC净利率更高（11.2% vs -13.2%，领先24.4%），IMPINJ INC同比增速更快（-0.0% vs -8.8%），FreightCar America, Inc.自由现金流更多（$8.8M vs $2.2M），过去两年FreightCar America, Inc.的营收复合增速更高（-11.7% 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。
货运车美国公司是铁路行业货运车厢制造商，全球约有2000名雇员，核心生产基地设在墨西哥卡斯塔诺斯，厂区面积达70万平方英尺。此外，公司总部设于芝加哥，在宾夕法尼亚州约翰斯顿设有工程与零部件厂区，主要为铁路领域提供专业货运车厢产品。
PI vs RAIL — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $125.5M |
| 净利润 | $8.3M | $-16.6M |
| 毛利率 | 49.1% | 13.4% |
| 营业利润率 | 30.5% | 6.2% |
| 净利率 | 11.2% | -13.2% |
| 营收同比 | -0.0% | -8.8% |
| 净利润同比 | — | -147.9% |
| 每股收益（稀释后） | $0.14 | $-0.54 |
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
| Q1 26 | $74.3M | — | ||
| Q4 25 | $92.8M | $125.5M | ||
| Q3 25 | $96.1M | $160.4M | ||
| Q2 25 | $97.9M | $118.5M | ||
| Q1 25 | $74.3M | $96.2M | ||
| Q4 24 | $91.6M | $137.6M | ||
| Q3 24 | $95.2M | $113.2M | ||
| Q2 24 | $102.5M | $146.0M |
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $-16.6M | ||
| Q3 25 | $-12.8M | $-7.4M | ||
| Q2 25 | $11.6M | $11.7M | ||
| Q1 25 | $-8.5M | $50.4M | ||
| Q4 24 | $-2.7M | $34.6M | ||
| Q3 24 | $221.0K | $-107.0M | ||
| Q2 24 | $10.0M | $8.2M |
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | 13.4% | ||
| Q3 25 | 50.3% | 15.1% | ||
| Q2 25 | 57.8% | 15.0% | ||
| Q1 25 | 49.4% | 15.0% | ||
| Q4 24 | 50.5% | 15.3% | ||
| Q3 24 | 50.0% | 14.3% | ||
| Q2 24 | 56.1% | 12.6% |
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | 6.2% | ||
| Q3 25 | 0.7% | 9.1% | ||
| Q2 25 | 11.1% | 6.5% | ||
| Q1 25 | -12.9% | 4.0% | ||
| Q4 24 | -3.9% | 8.5% | ||
| Q3 24 | -0.8% | 7.6% | ||
| Q2 24 | 8.8% | 9.0% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | -13.2% | ||
| Q3 25 | -13.3% | -4.6% | ||
| Q2 25 | 11.8% | 9.9% | ||
| Q1 25 | -11.4% | 52.4% | ||
| Q4 24 | -2.9% | 25.2% | ||
| Q3 24 | 0.2% | -94.6% | ||
| Q2 24 | 9.7% | 5.6% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $-0.54 | ||
| Q3 25 | $-0.44 | $-0.23 | ||
| Q2 25 | $0.39 | $0.34 | ||
| Q1 25 | $-0.30 | $1.52 | ||
| Q4 24 | $-0.06 | $0.88 | ||
| Q3 24 | $0.01 | $-3.57 | ||
| Q2 24 | $0.34 | $0.11 |
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 | — |
| 总债务越低越好 | $241.5M | $107.2M |
| 股东权益账面价值 | — | $-107.4M |
| 总资产 | $502.5M | $290.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | $131.8M | — | ||
| Q4 25 | $175.3M | — | ||
| Q3 25 | $190.1M | — | ||
| Q2 25 | $193.2M | — | ||
| Q1 25 | $147.9M | — | ||
| Q4 24 | $164.7M | — | ||
| Q3 24 | $170.3M | — | ||
| Q2 24 | $220.2M | — |
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | $107.2M | ||
| Q3 25 | $280.4M | $107.6M | ||
| Q2 25 | — | $107.9M | ||
| Q1 25 | — | $108.2M | ||
| Q4 24 | $283.5M | $108.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $-107.4M | ||
| Q3 25 | $195.0M | $-90.9M | ||
| Q2 25 | $187.7M | $-83.5M | ||
| Q1 25 | $160.6M | $-97.4M | ||
| Q4 24 | $149.9M | $-150.3M | ||
| Q3 24 | $136.1M | $-156.3M | ||
| Q2 24 | $117.0M | $-48.8M |
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $290.0M | ||
| Q3 25 | $516.5M | $340.8M | ||
| Q2 25 | $508.8M | $328.1M | ||
| Q1 25 | $479.8M | $250.5M | ||
| Q4 24 | $489.1M | $224.2M | ||
| Q3 24 | $476.4M | $245.9M | ||
| Q2 24 | $446.1M | $207.2M |
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | — | ||
| Q3 25 | 1.44× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.89× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $2.2M | $8.8M |
| 自由现金流率自由现金流/营收 | 3.0% | 7.0% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 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 | $61.1M | $31.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $10.0M | ||
| Q3 25 | $20.9M | $3.4M | ||
| Q2 25 | $33.9M | $8.5M | ||
| Q1 25 | $-11.1M | $12.8M | ||
| Q4 24 | $12.6M | $5.9M | ||
| Q3 24 | $10.1M | $7.2M | ||
| Q2 24 | $45.5M | $57.2M |
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | $8.8M | ||
| Q3 25 | $18.0M | $2.2M | ||
| Q2 25 | $27.3M | $7.9M | ||
| Q1 25 | $-13.0M | $12.5M | ||
| Q4 24 | $8.5M | $4.6M | ||
| Q3 24 | $4.7M | $5.7M | ||
| Q2 24 | $44.1M | $55.9M |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | 7.0% | ||
| Q3 25 | 18.7% | 1.4% | ||
| Q2 25 | 27.9% | 6.7% | ||
| Q1 25 | -17.5% | 13.0% | ||
| Q4 24 | 9.3% | 3.3% | ||
| Q3 24 | 4.9% | 5.0% | ||
| Q2 24 | 43.0% | 38.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 1.0% | ||
| Q3 25 | 3.1% | 0.7% | ||
| Q2 25 | 6.7% | 0.5% | ||
| Q1 25 | 2.5% | 0.3% | ||
| Q4 24 | 4.5% | 0.9% | ||
| Q3 24 | 5.7% | 1.3% | ||
| Q2 24 | 1.3% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.93× | 0.73× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | 45.56× | — | ||
| Q2 24 | 4.56× | 6.99× |
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
RAIL
| Railcar Sales | $118.9M | 95% |
| Aftermarket Sales | $6.6M | 5% |
