vs
IMPINJ INC（PI）与Stellar Bancorp, Inc.（STEL）财务数据对比。点击上方公司名可切换其他公司
Stellar Bancorp, Inc.的季度营收约是IMPINJ INC的1.5倍（$108.9M vs $74.3M），Stellar Bancorp, Inc.净利率更高（24.0% vs 11.2%，领先12.8%），Stellar Bancorp, Inc.同比增速更快（0.8% vs -0.0%），Stellar Bancorp, Inc.自由现金流更多（$92.6M vs $2.2M），过去两年Stellar Bancorp, Inc.的营收复合增速更高（0.2% 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。
Stellar Bancorp, Inc.是总部位于美国的金融控股公司，通过旗下全资银行子公司开展运营，提供全品类零售及商业银行服务，覆盖存款产品、个人及商业贷款、抵押贷款、财富管理解决方案，服务客群包括个人消费者、小微企业及区域企业客户。
PI vs STEL — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $108.9M |
| 净利润 | $8.3M | $26.1M |
| 毛利率 | 49.1% | — |
| 营业利润率 | 30.5% | 29.0% |
| 净利率 | 11.2% | 24.0% |
| 营收同比 | -0.0% | 0.8% |
| 净利润同比 | — | 3.7% |
| 每股收益（稀释后） | $0.14 | $0.52 |
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 | $108.9M | ||
| Q3 25 | $96.1M | $105.6M | ||
| Q2 25 | $97.9M | $104.1M | ||
| Q1 25 | $74.3M | $104.8M | ||
| Q4 24 | $91.6M | $108.0M | ||
| Q3 24 | $95.2M | $107.8M | ||
| Q2 24 | $102.5M | $106.8M |
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $26.1M | ||
| Q3 25 | $-12.8M | $25.7M | ||
| Q2 25 | $11.6M | $26.4M | ||
| Q1 25 | $-8.5M | $24.7M | ||
| Q4 24 | $-2.7M | $25.2M | ||
| Q3 24 | $221.0K | $33.9M | ||
| Q2 24 | $10.0M | $29.8M |
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | — | ||
| Q3 25 | 50.3% | — | ||
| Q2 25 | 57.8% | — | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.5% | — | ||
| Q3 24 | 50.0% | — | ||
| Q2 24 | 56.1% | — |
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | 29.0% | ||
| Q3 25 | 0.7% | 30.5% | ||
| Q2 25 | 11.1% | 31.7% | ||
| Q1 25 | -12.9% | 29.6% | ||
| Q4 24 | -3.9% | 29.4% | ||
| Q3 24 | -0.8% | 39.6% | ||
| Q2 24 | 8.8% | 35.1% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | 24.0% | ||
| Q3 25 | -13.3% | 24.3% | ||
| Q2 25 | 11.8% | 25.3% | ||
| Q1 25 | -11.4% | 23.6% | ||
| Q4 24 | -2.9% | 23.3% | ||
| Q3 24 | 0.2% | 31.4% | ||
| Q2 24 | 9.7% | 27.9% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $0.52 | ||
| Q3 25 | $-0.44 | $0.50 | ||
| Q2 25 | $0.39 | $0.51 | ||
| Q1 25 | $-0.30 | $0.46 | ||
| Q4 24 | $-0.06 | $0.47 | ||
| Q3 24 | $0.01 | $0.63 | ||
| Q2 24 | $0.34 | $0.56 |
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 | $419.5M |
| 总债务越低越好 | $241.5M | — |
| 股东权益账面价值 | — | $1.7B |
| 总资产 | $502.5M | $10.8B |
| 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 | $419.5M | ||
| Q3 25 | $190.1M | $728.4M | ||
| Q2 25 | $193.2M | $578.1M | ||
| Q1 25 | $147.9M | $560.6M | ||
| Q4 24 | $164.7M | $911.2M | ||
| Q3 24 | $170.3M | $516.2M | ||
| Q2 24 | $220.2M | $490.3M |
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | — | ||
| Q3 25 | $280.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $283.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $1.7B | ||
| Q3 25 | $195.0M | $1.7B | ||
| Q2 25 | $187.7M | $1.6B | ||
| Q1 25 | $160.6M | $1.6B | ||
| Q4 24 | $149.9M | $1.6B | ||
| Q3 24 | $136.1M | $1.6B | ||
| Q2 24 | $117.0M | $1.6B |
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $10.8B | ||
| Q3 25 | $516.5M | $10.6B | ||
| Q2 25 | $508.8M | $10.5B | ||
| Q1 25 | $479.8M | $10.4B | ||
| Q4 24 | $489.1M | $10.9B | ||
| Q3 24 | $476.4M | $10.6B | ||
| Q2 24 | $446.1M | $10.7B |
| 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 | — | $97.0M |
| 自由现金流经营现金流 - 资本支出 | $2.2M | $92.6M |
| 自由现金流率自由现金流/营收 | 3.0% | 85.0% |
| 资本支出强度资本支出/营收 | — | 4.0% |
| 现金转化率经营现金流/净利润 | — | 3.71× |
| 过去12个月自由现金流最近4个季度 | $61.1M | $173.2M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $97.0M | ||
| Q3 25 | $20.9M | $63.6M | ||
| Q2 25 | $33.9M | $25.8M | ||
| Q1 25 | $-11.1M | $-5.7M | ||
| Q4 24 | $12.6M | $132.6M | ||
| Q3 24 | $10.1M | $59.5M | ||
| Q2 24 | $45.5M | $38.1M |
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | $92.6M | ||
| Q3 25 | $18.0M | $62.5M | ||
| Q2 25 | $27.3M | $24.5M | ||
| Q1 25 | $-13.0M | $-6.4M | ||
| Q4 24 | $8.5M | $128.0M | ||
| Q3 24 | $4.7M | $57.7M | ||
| Q2 24 | $44.1M | $37.1M |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | 85.0% | ||
| Q3 25 | 18.7% | 59.2% | ||
| Q2 25 | 27.9% | 23.6% | ||
| Q1 25 | -17.5% | -6.2% | ||
| Q4 24 | 9.3% | 118.5% | ||
| Q3 24 | 4.9% | 53.5% | ||
| Q2 24 | 43.0% | 34.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 4.0% | ||
| Q3 25 | 3.1% | 1.1% | ||
| Q2 25 | 6.7% | 1.2% | ||
| Q1 25 | 2.5% | 0.7% | ||
| Q4 24 | 4.5% | 4.3% | ||
| Q3 24 | 5.7% | 1.7% | ||
| Q2 24 | 1.3% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | — | 2.48× | ||
| Q2 25 | 2.93× | 0.98× | ||
| Q1 25 | — | -0.23× | ||
| Q4 24 | — | 5.26× | ||
| Q3 24 | 45.56× | 1.76× | ||
| Q2 24 | 4.56× | 1.28× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
