vs
IMPINJ INC（PI）与STRATTEC SECURITY CORP（STRT）财务数据对比。点击上方公司名可切换其他公司
STRATTEC SECURITY CORP的季度营收约是IMPINJ INC的1.9倍（$137.5M vs $74.3M），IMPINJ INC净利率更高（11.2% vs 3.6%，领先7.6%），STRATTEC SECURITY CORP同比增速更快（5.9% vs -0.0%），STRATTEC SECURITY CORP自由现金流更多（$11.3M vs $2.2M），过去两年STRATTEC SECURITY CORP的营收复合增速更高（7.7% 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。
STRATTEC安全公司是专业的汽车安全访问解决方案供应商，主营汽车机械与电子锁具、钥匙、无钥匙进入系统等产品，主要服务全球汽车整车厂商、重型车辆制造商及汽车后市场客户，业务覆盖北美、欧洲、亚太等地区。
PI vs STRT — 直观对比
营收规模更大
STRT
是对方的1.9倍
$74.3M
营收增速更快
STRT
高出5.9%
-0.0%
净利率更高
PI
高出7.6%
3.6%
自由现金流更多
STRT
多$9.0M
$2.2M
两年增速更快
STRT
近两年复合增速
-14.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $137.5M |
| 净利润 | $8.3M | $4.9M |
| 毛利率 | 49.1% | 16.5% |
| 营业利润率 | 30.5% | 3.5% |
| 净利率 | 11.2% | 3.6% |
| 营收同比 | -0.0% | 5.9% |
| 净利润同比 | — | 275.1% |
| 每股收益（稀释后） | $0.14 | $1.20 |
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PISTRT
| Q1 26 | $74.3M | — | ||
| Q4 25 | $92.8M | $137.5M | ||
| Q3 25 | $96.1M | $152.4M | ||
| Q2 25 | $97.9M | $152.0M | ||
| Q1 25 | $74.3M | $144.1M | ||
| Q4 24 | $91.6M | $129.9M | ||
| Q3 24 | $95.2M | $139.1M | ||
| Q2 24 | $102.5M | — |
净利润PISTRT
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $4.9M | ||
| Q3 25 | $-12.8M | $8.5M | ||
| Q2 25 | $11.6M | $8.3M | ||
| Q1 25 | $-8.5M | $5.4M | ||
| Q4 24 | $-2.7M | $1.3M | ||
| Q3 24 | $221.0K | $3.7M | ||
| Q2 24 | $10.0M | — |
毛利率PISTRT
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | 16.5% | ||
| Q3 25 | 50.3% | 17.3% | ||
| Q2 25 | 57.8% | 16.7% | ||
| Q1 25 | 49.4% | 16.0% | ||
| Q4 24 | 50.5% | 13.2% | ||
| Q3 24 | 50.0% | 13.6% | ||
| Q2 24 | 56.1% | — |
营业利润率PISTRT
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | 3.5% | ||
| Q3 25 | 0.7% | 6.9% | ||
| Q2 25 | 11.1% | 5.6% | ||
| Q1 25 | -12.9% | 4.9% | ||
| Q4 24 | -3.9% | 1.6% | ||
| Q3 24 | -0.8% | 3.6% | ||
| Q2 24 | 8.8% | — |
净利率PISTRT
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | 3.6% | ||
| Q3 25 | -13.3% | 5.6% | ||
| Q2 25 | 11.8% | 5.4% | ||
| Q1 25 | -11.4% | 3.7% | ||
| Q4 24 | -2.9% | 1.0% | ||
| Q3 24 | 0.2% | 2.7% | ||
| Q2 24 | 9.7% | — |
每股收益（稀释后）PISTRT
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $1.20 | ||
| Q3 25 | $-0.44 | $2.07 | ||
| Q2 25 | $0.39 | $2.02 | ||
| Q1 25 | $-0.30 | $1.32 | ||
| Q4 24 | $-0.06 | $0.32 | ||
| Q3 24 | $0.01 | $0.92 | ||
| Q2 24 | $0.34 | — |
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 | $99.0M |
| 总债务越低越好 | $241.5M | — |
| 股东权益账面价值 | — | $236.8M |
| 总资产 | $502.5M | $392.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PISTRT
| Q1 26 | $131.8M | — | ||
| Q4 25 | $175.3M | $99.0M | ||
| Q3 25 | $190.1M | $90.5M | ||
| Q2 25 | $193.2M | $84.6M | ||
| Q1 25 | $147.9M | $62.1M | ||
| Q4 24 | $164.7M | $42.6M | ||
| Q3 24 | $170.3M | $34.4M | ||
| Q2 24 | $220.2M | — |
总债务PISTRT
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | — | ||
| Q3 25 | $280.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $283.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PISTRT
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $236.8M | ||
| Q3 25 | $195.0M | $230.5M | ||
| Q2 25 | $187.7M | $221.6M | ||
| Q1 25 | $160.6M | $210.7M | ||
| Q4 24 | $149.9M | $204.5M | ||
| Q3 24 | $136.1M | $203.0M | ||
| Q2 24 | $117.0M | — |
总资产PISTRT
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $392.2M | ||
| Q3 25 | $516.5M | $390.1M | ||
| Q2 25 | $508.8M | $391.5M | ||
| Q1 25 | $479.8M | $387.4M | ||
| Q4 24 | $489.1M | $355.9M | ||
| Q3 24 | $476.4M | $366.9M | ||
| Q2 24 | $446.1M | — |
负债/权益比PISTRT
| 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 | — | $13.9M |
| 自由现金流经营现金流 - 资本支出 | $2.2M | $11.3M |
| 自由现金流率自由现金流/营收 | 3.0% | 8.2% |
| 资本支出强度资本支出/营收 | — | 1.9% |
| 现金转化率经营现金流/净利润 | — | 2.81× |
| 过去12个月自由现金流最近4个季度 | $61.1M | $67.8M |
8季度趋势，按日历期对齐
经营现金流PISTRT
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $13.9M | ||
| Q3 25 | $20.9M | $11.3M | ||
| Q2 25 | $33.9M | $30.2M | ||
| Q1 25 | $-11.1M | $20.7M | ||
| Q4 24 | $12.6M | $9.4M | ||
| Q3 24 | $10.1M | $11.3M | ||
| Q2 24 | $45.5M | — |
自由现金流PISTRT
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | $11.3M | ||
| Q3 25 | $18.0M | $9.8M | ||
| Q2 25 | $27.3M | $27.2M | ||
| Q1 25 | $-13.0M | $19.6M | ||
| Q4 24 | $8.5M | $8.5M | ||
| Q3 24 | $4.7M | $9.3M | ||
| Q2 24 | $44.1M | — |
自由现金流率PISTRT
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | 8.2% | ||
| Q3 25 | 18.7% | 6.4% | ||
| Q2 25 | 27.9% | 17.9% | ||
| Q1 25 | -17.5% | 13.6% | ||
| Q4 24 | 9.3% | 6.6% | ||
| Q3 24 | 4.9% | 6.7% | ||
| Q2 24 | 43.0% | — |
资本支出强度PISTRT
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 1.9% | ||
| Q3 25 | 3.1% | 1.0% | ||
| Q2 25 | 6.7% | 2.0% | ||
| Q1 25 | 2.5% | 0.8% | ||
| Q4 24 | 4.5% | 0.7% | ||
| Q3 24 | 5.7% | 1.5% | ||
| Q2 24 | 1.3% | — |
现金转化率PISTRT
| Q1 26 | — | — | ||
| Q4 25 | — | 2.81× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | 2.93× | 3.65× | ||
| Q1 25 | — | 3.84× | ||
| Q4 24 | — | 7.16× | ||
| Q3 24 | 45.56× | 3.06× | ||
| 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
STRT
| Door Handles And Exterior Trim | $35.0M | 25% |
| Power Access Solutions | $34.5M | 25% |
| Keys And Locksets | $26.8M | 19% |
| Latches | $16.3M | 12% |
| User Interface Controls | $12.5M | 9% |
| Aftermarket And Service | $9.4M | 7% |
| Other Product | $3.1M | 2% |
| Related Party | $1.3M | 1% |
