vs
北极星（PII）与SoFi Technologies, Inc.（SOFI）财务数据对比。点击上方公司名可切换其他公司
北极星的季度营收约是SoFi Technologies, Inc.的1.6倍（$1.7B vs $1.0B），SoFi Technologies, Inc.净利率更高（16.9% vs -2.8%，领先19.8%），SoFi Technologies, Inc.同比增速更快（39.6% vs 8.0%），北极星自由现金流更多（$-342.5M vs $-4.0B），过去两年SoFi Technologies, Inc.的营收复合增速更高（26.1% vs -8.0%）
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
SoFi Technologies是美国金融科技企业，2011年由斯坦福大学学生创立，持有全国性特许牌照运营线上银行，同时为其他金融机构提供技术解决方案，是美国规模最大的线上贷款机构，截至2025年累计服务客户达1370万。
PII vs SOFI — 直观对比
营收规模更大
PII
是对方的1.6倍
$1.0B
营收增速更快
SOFI
高出31.6%
8.0%
净利率更高
SOFI
高出19.8%
-2.8%
自由现金流更多
PII
多$3.6B
$-4.0B
两年增速更快
SOFI
近两年复合增速
-8.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.0B |
| 净利润 | $-47.2M | $173.5M |
| 毛利率 | 20.2% | 84.2% |
| 营业利润率 | — | 18.1% |
| 净利率 | -2.8% | 16.9% |
| 营收同比 | 8.0% | 39.6% |
| 净利润同比 | 29.2% | -47.8% |
| 每股收益（稀释后） | $-0.83 | $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PIISOFI
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.9B | $1.0B | ||
| Q3 25 | $1.8B | $961.6M | ||
| Q2 25 | $1.9B | $854.9M | ||
| Q1 25 | $1.5B | $771.8M | ||
| Q4 24 | $1.8B | $734.1M | ||
| Q3 24 | $1.7B | $697.1M | ||
| Q2 24 | $2.0B | $598.6M |
净利润PIISOFI
| Q1 26 | $-47.2M | — | ||
| Q4 25 | $-303.6M | $173.5M | ||
| Q3 25 | $-15.8M | $139.4M | ||
| Q2 25 | $-79.3M | $97.3M | ||
| Q1 25 | $-66.8M | $71.1M | ||
| Q4 24 | $10.6M | $332.5M | ||
| Q3 24 | $27.7M | $60.7M | ||
| Q2 24 | $68.7M | $17.4M |
毛利率PIISOFI
| Q1 26 | 20.2% | — | ||
| Q4 25 | 20.0% | 84.2% | ||
| Q3 25 | 20.7% | 83.2% | ||
| Q2 25 | 19.4% | 82.4% | ||
| Q1 25 | 16.0% | 82.4% | ||
| Q4 24 | 20.4% | 82.5% | ||
| Q3 24 | 20.6% | 82.3% | ||
| Q2 24 | 21.6% | 81.7% |
营业利润率PIISOFI
| Q1 26 | — | — | ||
| Q4 25 | -16.7% | 18.1% | ||
| Q3 25 | 1.1% | 15.4% | ||
| Q2 25 | -0.7% | 13.1% | ||
| Q1 25 | -2.4% | 10.3% | ||
| Q4 24 | 3.7% | 8.2% | ||
| Q3 24 | 3.8% | 9.2% | ||
| Q2 24 | 6.1% | 2.6% |
净利率PIISOFI
| Q1 26 | -2.8% | — | ||
| Q4 25 | -15.8% | 16.9% | ||
| Q3 25 | -0.9% | 14.5% | ||
| Q2 25 | -4.3% | 11.4% | ||
| Q1 25 | -4.3% | 9.2% | ||
| Q4 24 | 0.6% | 45.3% | ||
| Q3 24 | 1.6% | 8.7% | ||
| Q2 24 | 3.5% | 2.9% |
每股收益（稀释后）PIISOFI
| Q1 26 | $-0.83 | — | ||
| Q4 25 | $-5.34 | $0.14 | ||
| Q3 25 | $-0.28 | $0.11 | ||
| Q2 25 | $-1.39 | $0.08 | ||
| Q1 25 | $-1.17 | $0.06 | ||
| Q4 24 | $0.18 | $0.31 | ||
| Q3 24 | $0.49 | $0.05 | ||
| Q2 24 | $1.21 | $0.01 |
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 | $282.0M | $4.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $750.4M | $10.5B |
| 总资产 | $5.2B | $50.7B |
| 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PIISOFI
| Q1 26 | $282.0M | — | ||
| Q4 25 | $138.0M | $4.9B | ||
| Q3 25 | $335.5M | $3.2B | ||
| Q2 25 | $324.3M | $2.1B | ||
| Q1 25 | $291.7M | $2.1B | ||
| Q4 24 | $287.8M | $2.5B | ||
| Q3 24 | $291.3M | $2.4B | ||
| Q2 24 | $322.7M | $2.3B |
总债务PIISOFI
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $2.1B | — |
股东权益PIISOFI
| Q1 26 | $750.4M | — | ||
| Q4 25 | $828.4M | $10.5B | ||
| Q3 25 | $1.1B | $8.8B | ||
| Q2 25 | $1.2B | $6.9B | ||
| Q1 25 | $1.2B | $6.7B | ||
| Q4 24 | $1.3B | $6.5B | ||
| Q3 24 | $1.3B | $6.1B | ||
| Q2 24 | $1.3B | $5.9B |
总资产PIISOFI
| Q1 26 | $5.2B | — | ||
| Q4 25 | $4.9B | $50.7B | ||
| Q3 25 | $5.3B | $45.3B | ||
| Q2 25 | $5.4B | $41.1B | ||
| Q1 25 | $5.5B | $37.7B | ||
| Q4 24 | $5.5B | $36.3B | ||
| Q3 24 | $5.6B | $34.4B | ||
| Q2 24 | $5.7B | $32.6B |
负债/权益比PIISOFI
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | — | ||
| Q3 25 | 1.13× | — | ||
| Q2 25 | 1.17× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 1.56× | — |
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 | — | $-3.7B |
| 自由现金流经营现金流 - 资本支出 | $-342.5M | $-4.0B |
| 自由现金流率自由现金流/营收 | -20.6% | -388.8% |
| 资本支出强度资本支出/营收 | — | 23.7% |
| 现金转化率经营现金流/净利润 | — | -21.56× |
| 过去12个月自由现金流最近4个季度 | $168.0M | $-6.9B |
8季度趋势，按日历期对齐
经营现金流PIISOFI
| Q1 26 | — | — | ||
| Q4 25 | $178.7M | $-3.7B | ||
| Q3 25 | $158.8M | $-1.3B | ||
| Q2 25 | $320.3M | $-1.5B | ||
| Q1 25 | $83.2M | $21.5M | ||
| Q4 24 | $206.3M | $-1.1B | ||
| Q3 24 | $21.0M | $-1.2B | ||
| Q2 24 | $146.3M | $-484.4M |
自由现金流PIISOFI
| Q1 26 | $-342.5M | — | ||
| Q4 25 | $114.0M | $-4.0B | ||
| Q3 25 | $116.7M | $-1.4B | ||
| Q2 25 | $279.8M | $-1.5B | ||
| Q1 25 | $47.6M | $-31.1M | ||
| Q4 24 | $137.3M | $-1.3B | ||
| Q3 24 | $-32.4M | $-1.2B | ||
| Q2 24 | $79.1M | $-521.1M |
自由现金流率PIISOFI
| Q1 26 | -20.6% | — | ||
| Q4 25 | 5.9% | -388.8% | ||
| Q3 25 | 6.3% | -142.0% | ||
| Q2 25 | 15.1% | -179.0% | ||
| Q1 25 | 3.1% | -4.0% | ||
| Q4 24 | 7.8% | -173.5% | ||
| Q3 24 | -1.9% | -174.6% | ||
| Q2 24 | 4.0% | -87.0% |
资本支出强度PIISOFI
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 23.7% | ||
| Q3 25 | 2.3% | 6.2% | ||
| Q2 25 | 2.2% | 7.4% | ||
| Q1 25 | 2.3% | 6.8% | ||
| Q4 24 | 3.9% | 21.0% | ||
| Q3 24 | 3.1% | 6.2% | ||
| Q2 24 | 3.4% | 6.1% |
现金转化率PIISOFI
| Q1 26 | — | — | ||
| Q4 25 | — | -21.56× | ||
| Q3 25 | — | -9.37× | ||
| Q2 25 | — | -15.08× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 19.46× | -3.37× | ||
| Q3 24 | 0.76× | -19.32× | ||
| Q2 24 | 2.13× | -27.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
