vs
READING INTERNATIONAL INC（RDI）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是TELOS CORP的1.1倍（$50.3M vs $46.8M），READING INTERNATIONAL INC净利率更高（-5.1% vs -34.9%，领先29.8%），TELOS CORP同比增速更快（77.4% vs -14.2%），TELOS CORP自由现金流更多（$8.0M vs $4.1M），过去两年TELOS CORP的营收复合增速更高（25.7% vs 5.6%）
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
RDI vs TLS — 直观对比
营收规模更大
RDI
是对方的1.1倍
$46.8M
营收增速更快
TLS
高出91.6%
-14.2%
净利率更高
RDI
高出29.8%
-34.9%
自由现金流更多
TLS
多$3.8M
$4.1M
两年增速更快
TLS
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $50.3M | $46.8M |
| 净利润 | $-2.6M | $-16.3M |
| 毛利率 | — | 35.0% |
| 营业利润率 | -1.9% | -39.6% |
| 净利率 | -5.1% | -34.9% |
| 营收同比 | -14.2% | 77.4% |
| 净利润同比 | -14.5% | -74.8% |
| 每股收益（稀释后） | $-0.11 | $-0.22 |
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RDITLS
| Q4 25 | $50.3M | $46.8M | ||
| Q3 25 | $52.2M | $51.4M | ||
| Q2 25 | $60.4M | $36.0M | ||
| Q1 25 | $40.2M | $30.6M | ||
| Q4 24 | $58.6M | $26.4M | ||
| Q3 24 | $60.1M | $23.8M | ||
| Q2 24 | $46.8M | $28.5M | ||
| Q1 24 | $45.1M | $29.6M |
净利润RDITLS
| Q4 25 | $-2.6M | $-16.3M | ||
| Q3 25 | $-4.2M | $-2.1M | ||
| Q2 25 | $-2.7M | $-9.5M | ||
| Q1 25 | $-4.8M | $-8.6M | ||
| Q4 24 | $-2.2M | $-9.3M | ||
| Q3 24 | $-7.0M | $-28.1M | ||
| Q2 24 | $-12.8M | $-7.8M | ||
| Q1 24 | $-13.2M | $-7.4M |
毛利率RDITLS
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 33.2% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 40.3% | ||
| Q3 24 | — | 13.2% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 37.0% |
营业利润率RDITLS
| Q4 25 | -1.9% | -39.6% | ||
| Q3 25 | -0.6% | -4.8% | ||
| Q2 25 | 4.8% | -27.5% | ||
| Q1 25 | -17.2% | -29.5% | ||
| Q4 24 | 2.6% | -37.6% | ||
| Q3 24 | -0.6% | -121.4% | ||
| Q2 24 | -16.4% | -30.3% | ||
| Q1 24 | -16.7% | -28.5% |
净利率RDITLS
| Q4 25 | -5.1% | -34.9% | ||
| Q3 25 | -8.0% | -4.1% | ||
| Q2 25 | -4.4% | -26.5% | ||
| Q1 25 | -11.8% | -28.1% | ||
| Q4 24 | -3.8% | -35.4% | ||
| Q3 24 | -11.7% | -118.0% | ||
| Q2 24 | -27.4% | -27.2% | ||
| Q1 24 | -29.4% | -24.9% |
每股收益（稀释后）RDITLS
| Q4 25 | $-0.11 | $-0.22 | ||
| Q3 25 | $-0.18 | $-0.03 | ||
| Q2 25 | $-0.12 | $-0.13 | ||
| Q1 25 | $-0.21 | $-0.12 | ||
| Q4 24 | $-0.11 | $-0.13 | ||
| Q3 24 | $-0.31 | $-0.39 | ||
| Q2 24 | $-0.57 | $-0.11 | ||
| Q1 24 | $-0.59 | $-0.10 |
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 | $10.5M | $53.2M |
| 总债务越低越好 | $185.1M | — |
| 股东权益账面价值 | $-18.2M | $96.0M |
| 总资产 | $434.9M | $139.9M |
| 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RDITLS
| Q4 25 | $10.5M | $53.2M | ||
| Q3 25 | $8.1M | $59.0M | ||
| Q2 25 | $9.1M | $57.0M | ||
| Q1 25 | $5.9M | $57.8M | ||
| Q4 24 | $12.4M | $54.6M | ||
| Q3 24 | $10.1M | $69.8M | ||
| Q2 24 | $9.3M | $80.1M | ||
| Q1 24 | $7.5M | $93.9M |
总债务RDITLS
| Q4 25 | $185.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $202.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RDITLS
| Q4 25 | $-18.2M | $96.0M | ||
| Q3 25 | $-12.1M | $119.7M | ||
| Q2 25 | $-7.7M | $118.4M | ||
| Q1 25 | $-8.1M | $126.1M | ||
| Q4 24 | $-4.4M | $127.1M | ||
| Q3 24 | $1.6M | $129.5M | ||
| Q2 24 | $6.5M | $149.1M | ||
| Q1 24 | $18.0M | $154.4M |
总资产RDITLS
| Q4 25 | $434.9M | $139.9M | ||
| Q3 25 | $435.2M | $164.3M | ||
| Q2 25 | $438.1M | $165.0M | ||
| Q1 25 | $441.0M | $158.1M | ||
| Q4 24 | $471.0M | $158.2M | ||
| Q3 24 | $495.7M | $166.3M | ||
| Q2 24 | $494.9M | $182.4M | ||
| Q1 24 | $494.9M | $195.4M |
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 | $4.3M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $4.1M | $8.0M |
| 自由现金流率自由现金流/营收 | 8.2% | 17.0% |
| 资本支出强度资本支出/营收 | 0.3% | 0.1% |
| 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 | $-2.9M | $29.4M |
8季度趋势，按日历期对齐
经营现金流RDITLS
| Q4 25 | $4.3M | $8.0M | ||
| Q3 25 | $295.0K | $9.1M | ||
| Q2 25 | $1.6M | $7.0M | ||
| Q1 25 | $-7.7M | $6.1M | ||
| Q4 24 | $8.0M | $-10.5M | ||
| Q3 24 | $1.3M | $-7.1M | ||
| Q2 24 | $-10.4M | $-8.0M | ||
| Q1 24 | $-2.8M | $-350.0K |
自由现金流RDITLS
| Q4 25 | $4.1M | $8.0M | ||
| Q3 25 | $-246.0K | $8.7M | ||
| Q2 25 | $1.2M | $6.8M | ||
| Q1 25 | $-8.0M | $6.0M | ||
| Q4 24 | $7.0M | $-12.4M | ||
| Q3 24 | $-1.1M | $-7.1M | ||
| Q2 24 | $-10.6M | $-8.2M | ||
| Q1 24 | $-4.7M | $-447.0K |
自由现金流率RDITLS
| Q4 25 | 8.2% | 17.0% | ||
| Q3 25 | -0.5% | 16.9% | ||
| Q2 25 | 1.9% | 19.0% | ||
| Q1 25 | -19.8% | 19.5% | ||
| Q4 24 | 12.0% | -47.0% | ||
| Q3 24 | -1.8% | -30.0% | ||
| Q2 24 | -22.7% | -28.9% | ||
| Q1 24 | -10.4% | -1.5% |
资本支出强度RDITLS
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 1.0% | 0.9% | ||
| Q2 25 | 0.6% | 0.4% | ||
| Q1 25 | 0.6% | 0.4% | ||
| Q4 24 | 1.7% | 7.1% | ||
| Q3 24 | 4.0% | 0.2% | ||
| Q2 24 | 0.5% | 0.8% | ||
| Q1 24 | 4.3% | 0.3% |
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
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
