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Silvercrest Asset Management Group Inc.（SAMG）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
TELOS CORP的季度营收约是Silvercrest Asset Management Group Inc.的1.5倍（$46.8M vs $32.0M），Silvercrest Asset Management Group Inc.净利率更高（-0.4% vs -34.9%，领先34.5%），TELOS CORP同比增速更快（77.4% vs -0.0%），Silvercrest Asset Management Group Inc.自由现金流更多（$15.0M vs $8.0M），过去两年TELOS CORP的营收复合增速更高（25.7% vs 2.7%）
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。
SAMG vs TLS — 直观对比
营收规模更大
TLS
是对方的1.5倍
$32.0M
营收增速更快
TLS
高出77.4%
-0.0%
净利率更高
SAMG
高出34.5%
-34.9%
自由现金流更多
SAMG
多$7.0M
$8.0M
两年增速更快
TLS
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $32.0M | $46.8M |
| 净利润 | $-120.0K | $-16.3M |
| 毛利率 | — | 35.0% |
| 营业利润率 | -2.8% | -39.6% |
| 净利率 | -0.4% | -34.9% |
| 营收同比 | -0.0% | 77.4% |
| 净利润同比 | -107.4% | -74.8% |
| 每股收益（稀释后） | $0.02 | $-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SAMGTLS
| Q4 25 | $32.0M | $46.8M | ||
| Q3 25 | $31.3M | $51.4M | ||
| Q2 25 | $30.7M | $36.0M | ||
| Q1 25 | $31.4M | $30.6M | ||
| Q4 24 | $32.0M | $26.4M | ||
| Q3 24 | $30.4M | $23.8M | ||
| Q2 24 | $31.0M | $28.5M | ||
| Q1 24 | $30.3M | $29.6M |
净利润SAMGTLS
| Q4 25 | $-120.0K | $-16.3M | ||
| Q3 25 | $618.0K | $-2.1M | ||
| Q2 25 | $1.9M | $-9.5M | ||
| Q1 25 | $2.5M | $-8.6M | ||
| Q4 24 | $1.6M | $-9.3M | ||
| Q3 24 | $2.3M | $-28.1M | ||
| Q2 24 | $2.7M | $-7.8M | ||
| Q1 24 | $3.0M | $-7.4M |
毛利率SAMGTLS
| 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SAMGTLS
| Q4 25 | -2.8% | -39.6% | ||
| Q3 25 | 4.3% | -4.8% | ||
| Q2 25 | 13.2% | -27.5% | ||
| Q1 25 | 15.4% | -29.5% | ||
| Q4 24 | 6.1% | -37.6% | ||
| Q3 24 | 14.6% | -121.4% | ||
| Q2 24 | 17.1% | -30.3% | ||
| Q1 24 | 19.5% | -28.5% |
净利率SAMGTLS
| Q4 25 | -0.4% | -34.9% | ||
| Q3 25 | 2.0% | -4.1% | ||
| Q2 25 | 6.3% | -26.5% | ||
| Q1 25 | 7.9% | -28.1% | ||
| Q4 24 | 5.1% | -35.4% | ||
| Q3 24 | 7.4% | -118.0% | ||
| Q2 24 | 8.6% | -27.2% | ||
| Q1 24 | 9.9% | -24.9% |
每股收益（稀释后）SAMGTLS
| Q4 25 | $0.02 | $-0.22 | ||
| Q3 25 | $0.07 | $-0.03 | ||
| Q2 25 | $0.21 | $-0.13 | ||
| Q1 25 | $0.26 | $-0.12 | ||
| Q4 24 | $0.16 | $-0.13 | ||
| Q3 24 | $0.24 | $-0.39 | ||
| Q2 24 | $0.28 | $-0.11 | ||
| Q1 24 | $0.32 | $-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 | $44.1M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $50.3M | $96.0M |
| 总资产 | $166.6M | $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SAMGTLS
| Q4 25 | $44.1M | $53.2M | ||
| Q3 25 | $36.1M | $59.0M | ||
| Q2 25 | $30.0M | $57.0M | ||
| Q1 25 | $36.3M | $57.8M | ||
| Q4 24 | $68.6M | $54.6M | ||
| Q3 24 | $58.1M | $69.8M | ||
| Q2 24 | $49.9M | $80.1M | ||
| Q1 24 | $39.7M | $93.9M |
股东权益SAMGTLS
| Q4 25 | $50.3M | $96.0M | ||
| Q3 25 | $58.9M | $119.7M | ||
| Q2 25 | $64.6M | $118.4M | ||
| Q1 25 | $80.0M | $126.1M | ||
| Q4 24 | $80.7M | $127.1M | ||
| Q3 24 | $84.6M | $129.5M | ||
| Q2 24 | $85.3M | $149.1M | ||
| Q1 24 | $83.9M | $154.4M |
总资产SAMGTLS
| Q4 25 | $166.6M | $139.9M | ||
| Q3 25 | $157.6M | $164.3M | ||
| Q2 25 | $152.7M | $165.0M | ||
| Q1 25 | $159.9M | $158.1M | ||
| Q4 24 | $194.4M | $158.2M | ||
| Q3 24 | $184.2M | $166.3M | ||
| Q2 24 | $177.6M | $182.4M | ||
| Q1 24 | $170.2M | $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 | $18.6M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $15.0M | $8.0M |
| 自由现金流率自由现金流/营收 | 46.9% | 17.0% |
| 资本支出强度资本支出/营收 | 11.4% | 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 | $17.0M | $29.4M |
8季度趋势，按日历期对齐
经营现金流SAMGTLS
| Q4 25 | $18.6M | $8.0M | ||
| Q3 25 | $14.6M | $9.1M | ||
| Q2 25 | $13.8M | $7.0M | ||
| Q1 25 | $-24.7M | $6.1M | ||
| Q4 24 | $21.6M | $-10.5M | ||
| Q3 24 | $13.3M | $-7.1M | ||
| Q2 24 | $16.0M | $-8.0M | ||
| Q1 24 | $-24.1M | $-350.0K |
自由现金流SAMGTLS
| Q4 25 | $15.0M | $8.0M | ||
| Q3 25 | $13.8M | $8.7M | ||
| Q2 25 | $13.4M | $6.8M | ||
| Q1 25 | $-25.1M | $6.0M | ||
| Q4 24 | $19.9M | $-12.4M | ||
| Q3 24 | $12.9M | $-7.1M | ||
| Q2 24 | $15.6M | $-8.2M | ||
| Q1 24 | $-24.7M | $-447.0K |
自由现金流率SAMGTLS
| Q4 25 | 46.9% | 17.0% | ||
| Q3 25 | 44.1% | 16.9% | ||
| Q2 25 | 43.6% | 19.0% | ||
| Q1 25 | -80.0% | 19.5% | ||
| Q4 24 | 62.2% | -47.0% | ||
| Q3 24 | 42.4% | -30.0% | ||
| Q2 24 | 50.4% | -28.9% | ||
| Q1 24 | -81.6% | -1.5% |
资本支出强度SAMGTLS
| Q4 25 | 11.4% | 0.1% | ||
| Q3 25 | 2.6% | 0.9% | ||
| Q2 25 | 1.5% | 0.4% | ||
| Q1 25 | 1.3% | 0.4% | ||
| Q4 24 | 5.3% | 7.1% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 1.1% | 0.8% | ||
| Q1 24 | 2.0% | 0.3% |
现金转化率SAMGTLS
| Q4 25 | — | — | ||
| Q3 25 | 23.62× | — | ||
| Q2 25 | 7.22× | — | ||
| Q1 25 | -10.01× | — | ||
| Q4 24 | 13.34× | — | ||
| Q3 24 | 5.90× | — | ||
| Q2 24 | 6.00× | — | ||
| Q1 24 | -8.03× | — |
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
SAMG
| Investment Advisory Management And Administrative Service | $30.7M | 96% |
| Tax And Family Office Services | $1.2M | 4% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
