vs
IMPINJ INC（PI）与WD 40 CO（WDFC）财务数据对比。点击上方公司名可切换其他公司
WD 40 CO的季度营收约是IMPINJ INC的2.1倍（$154.4M vs $74.3M），WD 40 CO净利率更高（11.3% vs 11.2%，领先0.1%），WD 40 CO同比增速更快（0.6% vs -0.0%），WD 40 CO自由现金流更多（$9.1M vs $2.2M），过去两年WD 40 CO的营收复合增速更高（5.4% 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。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
PI vs WDFC — 直观对比
营收规模更大
WDFC
是对方的2.1倍
$74.3M
营收增速更快
WDFC
高出0.6%
-0.0%
净利率更高
WDFC
高出0.1%
11.2%
自由现金流更多
WDFC
多$6.8M
$2.2M
两年增速更快
WDFC
近两年复合增速
-14.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $74.3M | $154.4M |
| 净利润 | $8.3M | $17.5M |
| 毛利率 | 49.1% | 56.2% |
| 营业利润率 | 30.5% | 15.1% |
| 净利率 | 11.2% | 11.3% |
| 营收同比 | -0.0% | 0.6% |
| 净利润同比 | — | -7.8% |
| 每股收益（稀释后） | $0.14 | $1.28 |
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PIWDFC
| Q1 26 | $74.3M | — | ||
| Q4 25 | $92.8M | $154.4M | ||
| Q3 25 | $96.1M | $163.5M | ||
| Q2 25 | $97.9M | $156.9M | ||
| Q1 25 | $74.3M | $146.1M | ||
| Q4 24 | $91.6M | $153.5M | ||
| Q3 24 | $95.2M | $156.0M | ||
| Q2 24 | $102.5M | $155.0M |
净利润PIWDFC
| Q1 26 | $8.3M | — | ||
| Q4 25 | $-1.1M | $17.5M | ||
| Q3 25 | $-12.8M | $21.2M | ||
| Q2 25 | $11.6M | $21.0M | ||
| Q1 25 | $-8.5M | $29.9M | ||
| Q4 24 | $-2.7M | $18.9M | ||
| Q3 24 | $221.0K | $16.8M | ||
| Q2 24 | $10.0M | $19.8M |
毛利率PIWDFC
| Q1 26 | 49.1% | — | ||
| Q4 25 | 51.8% | 56.2% | ||
| Q3 25 | 50.3% | 54.7% | ||
| Q2 25 | 57.8% | 56.2% | ||
| Q1 25 | 49.4% | 54.6% | ||
| Q4 24 | 50.5% | 54.8% | ||
| Q3 24 | 50.0% | 54.1% | ||
| Q2 24 | 56.1% | 53.1% |
营业利润率PIWDFC
| Q1 26 | 30.5% | — | ||
| Q4 25 | -2.9% | 15.1% | ||
| Q3 25 | 0.7% | 17.1% | ||
| Q2 25 | 11.1% | 17.4% | ||
| Q1 25 | -12.9% | 15.9% | ||
| Q4 24 | -3.9% | 16.4% | ||
| Q3 24 | -0.8% | 15.4% | ||
| Q2 24 | 8.8% | 17.5% |
净利率PIWDFC
| Q1 26 | 11.2% | — | ||
| Q4 25 | -1.2% | 11.3% | ||
| Q3 25 | -13.3% | 13.0% | ||
| Q2 25 | 11.8% | 13.4% | ||
| Q1 25 | -11.4% | 20.4% | ||
| Q4 24 | -2.9% | 12.3% | ||
| Q3 24 | 0.2% | 10.8% | ||
| Q2 24 | 9.7% | 12.8% |
每股收益（稀释后）PIWDFC
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.02 | $1.28 | ||
| Q3 25 | $-0.44 | $1.57 | ||
| Q2 25 | $0.39 | $1.54 | ||
| Q1 25 | $-0.30 | $2.19 | ||
| Q4 24 | $-0.06 | $1.39 | ||
| Q3 24 | $0.01 | $1.23 | ||
| Q2 24 | $0.34 | $1.46 |
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 | $48.6M |
| 总债务越低越好 | $241.5M | $85.7M |
| 股东权益账面价值 | — | $264.1M |
| 总资产 | $502.5M | $459.7M |
| 负债/权益比越低杠杆越低 | — | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资PIWDFC
| Q1 26 | $131.8M | — | ||
| Q4 25 | $175.3M | $48.6M | ||
| Q3 25 | $190.1M | $58.1M | ||
| Q2 25 | $193.2M | $51.7M | ||
| Q1 25 | $147.9M | $53.0M | ||
| Q4 24 | $164.7M | $54.9M | ||
| Q3 24 | $170.3M | $46.7M | ||
| Q2 24 | $220.2M | $45.3M |
总债务PIWDFC
| Q1 26 | $241.5M | — | ||
| Q4 25 | $280.9M | $85.7M | ||
| Q3 25 | $280.4M | $86.2M | ||
| Q2 25 | — | $85.6M | ||
| Q1 25 | — | $84.4M | ||
| Q4 24 | $283.5M | $84.6M | ||
| Q3 24 | — | $86.0M | ||
| Q2 24 | — | $85.5M |
股东权益PIWDFC
| Q1 26 | — | — | ||
| Q4 25 | $209.2M | $264.1M | ||
| Q3 25 | $195.0M | $268.2M | ||
| Q2 25 | $187.7M | $257.1M | ||
| Q1 25 | $160.6M | $242.1M | ||
| Q4 24 | $149.9M | $226.3M | ||
| Q3 24 | $136.1M | $230.5M | ||
| Q2 24 | $117.0M | $222.2M |
总资产PIWDFC
| Q1 26 | $502.5M | — | ||
| Q4 25 | $545.2M | $459.7M | ||
| Q3 25 | $516.5M | $475.8M | ||
| Q2 25 | $508.8M | $456.0M | ||
| Q1 25 | $479.8M | $458.3M | ||
| Q4 24 | $489.1M | $447.3M | ||
| Q3 24 | $476.4M | $449.0M | ||
| Q2 24 | $446.1M | $443.6M |
负债/权益比PIWDFC
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 0.32× | ||
| Q3 25 | 1.44× | 0.32× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | 1.89× | 0.37× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.38× |
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 | $9.1M |
| 自由现金流率自由现金流/营收 | 3.0% | 5.9% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | $61.1M | $78.2M |
8季度趋势，按日历期对齐
经营现金流PIWDFC
| Q1 26 | — | — | ||
| Q4 25 | $15.1M | $10.0M | ||
| Q3 25 | $20.9M | $29.9M | ||
| Q2 25 | $33.9M | $35.1M | ||
| Q1 25 | $-11.1M | $8.0M | ||
| Q4 24 | $12.6M | $14.9M | ||
| Q3 24 | $10.1M | $27.2M | ||
| Q2 24 | $45.5M | $19.9M |
自由现金流PIWDFC
| Q1 26 | $2.2M | — | ||
| Q4 25 | $13.6M | $9.1M | ||
| Q3 25 | $18.0M | $28.6M | ||
| Q2 25 | $27.3M | $34.0M | ||
| Q1 25 | $-13.0M | $6.6M | ||
| Q4 24 | $8.5M | $14.2M | ||
| Q3 24 | $4.7M | $26.4M | ||
| Q2 24 | $44.1M | $18.7M |
自由现金流率PIWDFC
| Q1 26 | 3.0% | — | ||
| Q4 25 | 14.7% | 5.9% | ||
| Q3 25 | 18.7% | 17.5% | ||
| Q2 25 | 27.9% | 21.6% | ||
| Q1 25 | -17.5% | 4.5% | ||
| Q4 24 | 9.3% | 9.3% | ||
| Q3 24 | 4.9% | 16.9% | ||
| Q2 24 | 43.0% | 12.0% |
资本支出强度PIWDFC
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 0.6% | ||
| Q3 25 | 3.1% | 0.8% | ||
| Q2 25 | 6.7% | 0.7% | ||
| Q1 25 | 2.5% | 0.9% | ||
| Q4 24 | 4.5% | 0.5% | ||
| Q3 24 | 5.7% | 0.5% | ||
| Q2 24 | 1.3% | 0.8% |
现金转化率PIWDFC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | 2.93× | 1.67× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.79× | ||
| Q3 24 | 45.56× | 1.62× | ||
| Q2 24 | 4.56× | 1.00× |
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
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
