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IMPINJ INC（PI）与Via Renewables, Inc.（VIASP）财务数据对比。点击上方公司名可切换其他公司
Via Renewables, Inc.的季度营收约是IMPINJ INC的1.7倍（$127.8M vs $74.3M），IMPINJ INC净利率更高（11.2% vs 5.4%，领先5.8%），Via Renewables, Inc.同比增速更快（22.5% vs -0.0%），IMPINJ INC自由现金流更多（$2.2M vs $-4.8M），过去两年Via Renewables, Inc.的营收复合增速更高（5.9% 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。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
PI vs VIASP — 直观对比
营收规模更大
VIASP
是对方的1.7倍
$74.3M
营收增速更快
VIASP
高出22.6%
-0.0%
净利率更高
PI
高出5.8%
5.4%
自由现金流更多
PI
多$7.0M
$-4.8M
两年增速更快
VIASP
近两年复合增速
-14.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $127.8M |
| 净利润 | $8.3M | $6.9M |
| 毛利率 | 49.1% | 34.4% |
| 营业利润率 | 30.5% | 15.2% |
| 净利率 | 11.2% | 5.4% |
| 营收同比 | -0.0% | 22.5% |
| 净利润同比 | — | -30.9% |
| 每股收益（稀释后） | $0.14 | $1.19 |
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PIVIASP
| Q1 26 | $74.3M | — | ||
| Q4 25 | $92.8M | $127.8M | ||
| Q3 25 | $96.1M | $103.3M | ||
| Q2 25 | $97.9M | $90.0M | ||
| Q1 25 | $74.3M | $142.3M | ||
| Q4 24 | $91.6M | $104.3M | ||
| Q3 24 | $95.2M | $93.8M | ||
| Q2 24 | $102.5M | $86.7M |
净利润PIVIASP
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $6.9M | ||
| Q3 25 | $-12.8M | $757.0K | ||
| Q2 25 | $11.6M | $2.7M | ||
| Q1 25 | $-8.5M | $8.8M | ||
| Q4 24 | $-2.7M | $9.9M | ||
| Q3 24 | $221.0K | $2.1M | ||
| Q2 24 | $10.0M | $7.6M |
毛利率PIVIASP
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | 34.4% | ||
| Q3 25 | 50.3% | 23.1% | ||
| Q2 25 | 57.8% | 30.0% | ||
| Q1 25 | 49.4% | 32.9% | ||
| Q4 24 | 50.5% | 51.9% | ||
| Q3 24 | 50.0% | 26.8% | ||
| Q2 24 | 56.1% | 50.4% |
营业利润率PIVIASP
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | 15.2% | ||
| Q3 25 | 0.7% | 3.1% | ||
| Q2 25 | 11.1% | 6.7% | ||
| Q1 25 | -12.9% | 17.5% | ||
| Q4 24 | -3.9% | 31.5% | ||
| Q3 24 | -0.8% | 5.3% | ||
| Q2 24 | 8.8% | 23.8% |
净利率PIVIASP
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | 5.4% | ||
| Q3 25 | -13.3% | 0.7% | ||
| Q2 25 | 11.8% | 3.0% | ||
| Q1 25 | -11.4% | 6.2% | ||
| Q4 24 | -2.9% | 9.5% | ||
| Q3 24 | 0.2% | 2.3% | ||
| Q2 24 | 9.7% | 8.8% |
每股收益（稀释后）PIVIASP
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $1.19 | ||
| Q3 25 | $-0.44 | $-0.41 | ||
| Q2 25 | $0.39 | $0.09 | ||
| Q1 25 | $-0.30 | $1.83 | ||
| Q4 24 | $-0.06 | $2.33 | ||
| Q3 24 | $0.01 | $-0.17 | ||
| Q2 24 | $0.34 | $1.51 |
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 | $41.8M |
| 总债务越低越好 | $241.5M | $120.0M |
| 股东权益账面价值 | — | $67.7M |
| 总资产 | $502.5M | $331.3M |
| 负债/权益比越低杠杆越低 | — | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资PIVIASP
| Q1 26 | $131.8M | — | ||
| Q4 25 | $175.3M | $41.8M | ||
| Q3 25 | $190.1M | $53.6M | ||
| Q2 25 | $193.2M | $62.1M | ||
| Q1 25 | $147.9M | $64.7M | ||
| Q4 24 | $164.7M | $53.1M | ||
| Q3 24 | $170.3M | $66.6M | ||
| Q2 24 | $220.2M | $53.6M |
总债务PIVIASP
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | $120.0M | ||
| Q3 25 | $280.4M | $105.0M | ||
| Q2 25 | — | $100.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | $283.5M | $106.0M | ||
| Q3 24 | — | $89.0M | ||
| Q2 24 | — | $93.0M |
股东权益PIVIASP
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $67.7M | ||
| Q3 25 | $195.0M | $63.7M | ||
| Q2 25 | $187.7M | $68.2M | ||
| Q1 25 | $160.6M | $72.7M | ||
| Q4 24 | $149.9M | $66.7M | ||
| Q3 24 | $136.1M | $58.2M | ||
| Q2 24 | $117.0M | $58.3M |
总资产PIVIASP
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $331.3M | ||
| Q3 25 | $516.5M | $304.8M | ||
| Q2 25 | $508.8M | $316.3M | ||
| Q1 25 | $479.8M | $347.4M | ||
| Q4 24 | $489.1M | $344.9M | ||
| Q3 24 | $476.4M | $298.4M | ||
| Q2 24 | $446.1M | $299.7M |
负债/权益比PIVIASP
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 1.77× | ||
| Q3 25 | 1.44× | 1.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 1.39× | ||
| Q4 24 | 1.89× | 1.59× | ||
| Q3 24 | — | 1.53× | ||
| Q2 24 | — | 1.60× |
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 | — | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | $2.2M | $-4.8M |
| 自由现金流率自由现金流/营收 | 3.0% | -3.7% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | -0.61× |
| 过去12个月自由现金流最近4个季度 | $61.1M | $39.1M |
8季度趋势，按日历期对齐
经营现金流PIVIASP
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $-4.2M | ||
| Q3 25 | $20.9M | $2.4M | ||
| Q2 25 | $33.9M | $19.0M | ||
| Q1 25 | $-11.1M | $24.9M | ||
| Q4 24 | $12.6M | $2.0M | ||
| Q3 24 | $10.1M | $20.1M | ||
| Q2 24 | $45.5M | $11.2M |
自由现金流PIVIASP
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | $-4.8M | ||
| Q3 25 | $18.0M | $1.9M | ||
| Q2 25 | $27.3M | $18.4M | ||
| Q1 25 | $-13.0M | $23.5M | ||
| Q4 24 | $8.5M | $1.6M | ||
| Q3 24 | $4.7M | $19.7M | ||
| Q2 24 | $44.1M | $10.9M |
自由现金流率PIVIASP
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | -3.7% | ||
| Q3 25 | 18.7% | 1.9% | ||
| Q2 25 | 27.9% | 20.5% | ||
| Q1 25 | -17.5% | 16.5% | ||
| Q4 24 | 9.3% | 1.5% | ||
| Q3 24 | 4.9% | 21.0% | ||
| Q2 24 | 43.0% | 12.6% |
资本支出强度PIVIASP
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 0.4% | ||
| Q3 25 | 3.1% | 0.4% | ||
| Q2 25 | 6.7% | 0.6% | ||
| Q1 25 | 2.5% | 1.0% | ||
| Q4 24 | 4.5% | 0.4% | ||
| Q3 24 | 5.7% | 0.4% | ||
| Q2 24 | 1.3% | 0.3% |
现金转化率PIVIASP
| Q1 26 | — | — | ||
| Q4 25 | — | -0.61× | ||
| Q3 25 | — | 3.12× | ||
| Q2 25 | 2.93× | 6.94× | ||
| Q1 25 | — | 2.84× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | 45.56× | 9.41× | ||
| Q2 24 | 4.56× | 1.47× |
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
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
