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PIPER SANDLER COMPANIES（PIPR）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
PIPER SANDLER COMPANIES的季度营收约是Stitch Fix, Inc.的1.9倍（$667.0M vs $342.1M），PIPER SANDLER COMPANIES净利率更高（17.1% vs -1.9%，领先18.9%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 7.3%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs 1.8%）
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
PIPR vs SFIX — 直观对比
营收规模更大
PIPR
是对方的1.9倍
$342.1M
营收增速更快
PIPR
高出30.1%
7.3%
净利率更高
PIPR
高出18.9%
-1.9%
两年增速更快
PIPR
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $342.1M |
| 净利润 | $114.0M | $-6.4M |
| 毛利率 | — | 43.6% |
| 营业利润率 | 28.3% | -2.5% |
| 净利率 | 17.1% | -1.9% |
| 营收同比 | 37.4% | 7.3% |
| 净利润同比 | 65.0% | -1.7% |
| 每股收益（稀释后） | $6.41 | $-0.05 |
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PIPRSFIX
| Q4 25 | $667.0M | $342.1M | ||
| Q3 25 | $480.1M | $311.2M | ||
| Q2 25 | $398.6M | $325.0M | ||
| Q1 25 | $358.6M | $312.1M | ||
| Q4 24 | $485.4M | $318.8M | ||
| Q3 24 | $360.9M | $319.6M | ||
| Q2 24 | $340.8M | $322.7M | ||
| Q1 24 | $344.4M | $330.4M |
净利润PIPRSFIX
| Q4 25 | $114.0M | $-6.4M | ||
| Q3 25 | $60.3M | $-8.6M | ||
| Q2 25 | $42.2M | $-7.4M | ||
| Q1 25 | $64.9M | $-6.5M | ||
| Q4 24 | $69.1M | $-6.3M | ||
| Q3 24 | $34.8M | $-36.5M | ||
| Q2 24 | $34.8M | $-21.3M | ||
| Q1 24 | $42.5M | $-35.5M |
毛利率PIPRSFIX
| Q4 25 | — | 43.6% | ||
| Q3 25 | — | 43.6% | ||
| Q2 25 | — | 44.2% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 44.6% | ||
| Q2 24 | — | 45.5% | ||
| Q1 24 | — | 43.4% |
营业利润率PIPRSFIX
| Q4 25 | 28.3% | -2.5% | ||
| Q3 25 | 22.4% | -3.6% | ||
| Q2 25 | 12.3% | -3.0% | ||
| Q1 25 | 8.2% | -2.9% | ||
| Q4 24 | 16.9% | -2.8% | ||
| Q3 24 | 15.4% | -13.1% | ||
| Q2 24 | 8.3% | -7.7% | ||
| Q1 24 | 15.2% | -11.5% |
净利率PIPRSFIX
| Q4 25 | 17.1% | -1.9% | ||
| Q3 25 | 12.6% | -2.8% | ||
| Q2 25 | 10.6% | -2.3% | ||
| Q1 25 | 18.1% | -2.1% | ||
| Q4 24 | 14.2% | -2.0% | ||
| Q3 24 | 9.6% | -11.4% | ||
| Q2 24 | 10.2% | -6.6% | ||
| Q1 24 | 12.3% | -10.8% |
每股收益（稀释后）PIPRSFIX
| Q4 25 | $6.41 | $-0.05 | ||
| Q3 25 | $3.38 | $-0.06 | ||
| Q2 25 | $2.38 | $-0.06 | ||
| Q1 25 | $3.65 | $-0.05 | ||
| Q4 24 | $3.88 | $-0.05 | ||
| Q3 24 | $1.96 | $-0.29 | ||
| Q2 24 | $1.97 | $-0.18 | ||
| Q1 24 | $2.43 | $-0.30 |
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 | — | $244.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $204.1M |
| 总资产 | $2.6B | $530.7M |
| 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PIPRSFIX
| Q4 25 | — | $244.2M | ||
| Q3 25 | — | $234.9M | ||
| Q2 25 | — | $234.2M | ||
| Q1 25 | — | $219.1M | ||
| Q4 24 | — | $253.3M | ||
| Q3 24 | — | $247.0M | ||
| Q2 24 | — | $244.5M | ||
| Q1 24 | — | $229.8M |
股东权益PIPRSFIX
| Q4 25 | $1.4B | $204.1M | ||
| Q3 25 | $1.3B | $203.0M | ||
| Q2 25 | $1.2B | $200.4M | ||
| Q1 25 | $1.2B | $197.8M | ||
| Q4 24 | $1.2B | $190.5M | ||
| Q3 24 | $1.2B | $187.0M | ||
| Q2 24 | $1.1B | $208.9M | ||
| Q1 24 | $1.1B | $213.3M |
总资产PIPRSFIX
| Q4 25 | $2.6B | $530.7M | ||
| Q3 25 | $2.2B | $480.6M | ||
| Q2 25 | $2.0B | $484.7M | ||
| Q1 25 | $1.8B | $472.6M | ||
| Q4 24 | $2.3B | $507.1M | ||
| Q3 24 | $2.0B | $486.9M | ||
| Q2 24 | $1.9B | $537.0M | ||
| Q1 24 | $1.8B | $538.3M |
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 | $729.8M | $10.9M |
| 自由现金流经营现金流 - 资本支出 | — | $5.6M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | 6.40× | — |
| 过去12个月自由现金流最近4个季度 | — | $4.9M |
8季度趋势，按日历期对齐
经营现金流PIPRSFIX
| Q4 25 | $729.8M | $10.9M | ||
| Q3 25 | $31.9M | $7.0M | ||
| Q2 25 | $32.1M | $20.5M | ||
| Q1 25 | $-207.2M | $-16.2M | ||
| Q4 24 | $163.8M | $14.3M | ||
| Q3 24 | $80.1M | $8.2M | ||
| Q2 24 | $266.5M | $21.7M | ||
| Q1 24 | $-197.2M | $-22.3M |
自由现金流PIPRSFIX
| Q4 25 | — | $5.6M | ||
| Q3 25 | — | $2.8M | ||
| Q2 25 | — | $16.0M | ||
| Q1 25 | — | $-19.4M | ||
| Q4 24 | — | $9.9M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $18.9M | ||
| Q1 24 | — | $-26.1M |
自由现金流率PIPRSFIX
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | -6.2% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | — | -7.9% |
资本支出强度PIPRSFIX
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 1.1% |
现金转化率PIPRSFIX
| Q4 25 | 6.40× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | -3.19× | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 2.30× | — | ||
| Q2 24 | 7.66× | — | ||
| Q1 24 | -4.64× | — |
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
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
SFIX
暂无分部数据
