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IMPINJ INC（PI）与Target Hospitality Corp.（TH）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Target Hospitality Corp.的1.0倍（$74.3M vs $73.5M），IMPINJ INC净利率更高（11.2% vs -20.3%，领先31.5%），Target Hospitality Corp.同比增速更快（22.0% vs -0.0%），过去两年Target Hospitality Corp.的营收复合增速更高（0.7% 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。
Target Hospitality是一家专业住宿服务提供商，主营石油、天然气及矿业项目用工住宿，也提供大型活动、灾后救援所需的临时模块化住宿，总部位于得克萨斯州伍德兰兹，同时在北达科他州威利斯顿、科罗拉多州丹佛以及阿尔伯塔省卡尔加里设有办事处。
PI vs TH — 直观对比
营收规模更大
PI
是对方的1.0倍
$73.5M
营收增速更快
TH
高出22.0%
-0.0%
净利率更高
PI
高出31.5%
-20.3%
两年增速更快
TH
近两年复合增速
-14.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $73.5M |
| 净利润 | $8.3M | $-14.9M |
| 毛利率 | 49.1% | 9.6% |
| 营业利润率 | 30.5% | -22.9% |
| 净利率 | 11.2% | -20.3% |
| 营收同比 | -0.0% | 22.0% |
| 净利润同比 | — | -219.1% |
| 每股收益（稀释后） | $0.14 | $-0.14 |
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PITH
| Q1 26 | $74.3M | — | ||
| Q4 25 | $92.8M | $73.5M | ||
| Q3 25 | $96.1M | $91.6M | ||
| Q2 25 | $97.9M | $54.9M | ||
| Q1 25 | $74.3M | $54.9M | ||
| Q4 24 | $91.6M | $60.2M | ||
| Q3 24 | $95.2M | $65.8M | ||
| Q2 24 | $102.5M | $67.5M |
净利润PITH
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $-14.9M | ||
| Q3 25 | $-12.8M | $-795.0K | ||
| Q2 25 | $11.6M | $-14.9M | ||
| Q1 25 | $-8.5M | $-6.5M | ||
| Q4 24 | $-2.7M | $12.5M | ||
| Q3 24 | $221.0K | $20.0M | ||
| Q2 24 | $10.0M | $18.4M |
毛利率PITH
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | 9.6% | ||
| Q3 25 | 50.3% | 19.6% | ||
| Q2 25 | 57.8% | -0.6% | ||
| Q1 25 | 49.4% | 32.7% | ||
| Q4 24 | 50.5% | 61.5% | ||
| Q3 24 | 50.0% | 68.7% | ||
| Q2 24 | 56.1% | 69.4% |
营业利润率PITH
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | -22.9% | ||
| Q3 25 | 0.7% | 0.1% | ||
| Q2 25 | 11.1% | -30.8% | ||
| Q1 25 | -12.9% | -2.0% | ||
| Q4 24 | -3.9% | 34.5% | ||
| Q3 24 | -0.8% | 42.5% | ||
| Q2 24 | 8.8% | 43.8% |
净利率PITH
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | -20.3% | ||
| Q3 25 | -13.3% | -0.9% | ||
| Q2 25 | 11.8% | -27.2% | ||
| Q1 25 | -11.4% | -11.8% | ||
| Q4 24 | -2.9% | 20.8% | ||
| Q3 24 | 0.2% | 30.4% | ||
| Q2 24 | 9.7% | 27.2% |
每股收益（稀释后）PITH
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $-0.14 | ||
| Q3 25 | $-0.44 | $-0.01 | ||
| Q2 25 | $0.39 | $-0.15 | ||
| Q1 25 | $-0.30 | $-0.07 | ||
| Q4 24 | $-0.06 | $0.12 | ||
| Q3 24 | $0.01 | $0.20 | ||
| Q2 24 | $0.34 | $0.18 |
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 | $8.3M |
| 总债务越低越好 | $241.5M | $1.7M |
| 股东权益账面价值 | — | $389.3M |
| 总资产 | $502.5M | $530.2M |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资PITH
| Q1 26 | $131.8M | — | ||
| Q4 25 | $175.3M | $8.3M | ||
| Q3 25 | $190.1M | $30.4M | ||
| Q2 25 | $193.2M | $19.2M | ||
| Q1 25 | $147.9M | $34.5M | ||
| Q4 24 | $164.7M | $190.7M | ||
| Q3 24 | $170.3M | $177.7M | ||
| Q2 24 | $220.2M | $154.3M |
总债务PITH
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | $1.7M | ||
| Q3 25 | $280.4M | $2.0M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $42.9M | ||
| Q4 24 | $283.5M | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M |
股东权益PITH
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $389.3M | ||
| Q3 25 | $195.0M | $402.4M | ||
| Q2 25 | $187.7M | $401.3M | ||
| Q1 25 | $160.6M | $415.3M | ||
| Q4 24 | $149.9M | $421.1M | ||
| Q3 24 | $136.1M | $417.6M | ||
| Q2 24 | $117.0M | $397.2M |
总资产PITH
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $530.2M | ||
| Q3 25 | $516.5M | $541.2M | ||
| Q2 25 | $508.8M | $533.7M | ||
| Q1 25 | $479.8M | $562.5M | ||
| Q4 24 | $489.1M | $725.8M | ||
| Q3 24 | $476.4M | $709.8M | ||
| Q2 24 | $446.1M | $697.0M |
负债/权益比PITH
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 0.00× | ||
| Q3 25 | 1.44× | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | 1.89× | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | — | $5.7M |
| 自由现金流经营现金流 - 资本支出 | $2.2M | — |
| 自由现金流率自由现金流/营收 | 3.0% | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流PITH
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $5.7M | ||
| Q3 25 | $20.9M | $53.4M | ||
| Q2 25 | $33.9M | $11.1M | ||
| Q1 25 | $-11.1M | $3.9M | ||
| Q4 24 | $12.6M | $30.6M | ||
| Q3 24 | $10.1M | $31.4M | ||
| Q2 24 | $45.5M | $39.1M |
自由现金流PITH
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | — | ||
| Q3 25 | $18.0M | — | ||
| Q2 25 | $27.3M | — | ||
| Q1 25 | $-13.0M | $-11.6M | ||
| Q4 24 | $8.5M | — | ||
| Q3 24 | $4.7M | — | ||
| Q2 24 | $44.1M | — |
自由现金流率PITH
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 27.9% | — | ||
| Q1 25 | -17.5% | -21.1% | ||
| Q4 24 | 9.3% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 43.0% | — |
资本支出强度PITH
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | 2.5% | 28.2% | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 1.3% | — |
现金转化率PITH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.93× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | 45.56× | 1.57× | ||
| Q2 24 | 4.56× | 2.13× |
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
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
