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SANDRIDGE ENERGY INC（SD）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SANDRIDGE ENERGY INC的1.2倍（$46.8M vs $39.4M），SANDRIDGE ENERGY INC净利率更高（54.9% vs -34.9%，领先89.8%），TELOS CORP同比增速更快（77.4% vs 1.1%），SANDRIDGE ENERGY INC自由现金流更多（$14.4M vs $8.0M），过去两年TELOS CORP的营收复合增速更高（25.7% vs 14.1%）
桑德里奇能源公司是一家专注于油气勘探开发的能源企业，核心业务区域位于美国中大陆地区。公司依照特拉华州法律注册设立，总部设于俄克拉荷马州俄克拉荷马城，是北美本土颇具影响力的独立油气生产商。
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。
SD vs TLS — 直观对比
营收规模更大
TLS
是对方的1.2倍
$39.4M
营收增速更快
TLS
高出76.3%
1.1%
净利率更高
SD
高出89.8%
-34.9%
自由现金流更多
SD
多$6.5M
$8.0M
两年增速更快
TLS
近两年复合增速
14.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $39.4M | $46.8M |
| 净利润 | $21.6M | $-16.3M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 38.5% | -39.6% |
| 净利率 | 54.9% | -34.9% |
| 营收同比 | 1.1% | 77.4% |
| 净利润同比 | 23.1% | -74.8% |
| 每股收益（稀释后） | $0.59 | $-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SDTLS
| Q4 25 | $39.4M | $46.8M | ||
| Q3 25 | $39.8M | $51.4M | ||
| Q2 25 | $34.5M | $36.0M | ||
| Q1 25 | $42.6M | $30.6M | ||
| Q4 24 | $39.0M | $26.4M | ||
| Q3 24 | $30.1M | $23.8M | ||
| Q2 24 | $26.0M | $28.5M | ||
| Q1 24 | $30.3M | $29.6M |
净利润SDTLS
| Q4 25 | $21.6M | $-16.3M | ||
| Q3 25 | $16.0M | $-2.1M | ||
| Q2 25 | $19.6M | $-9.5M | ||
| Q1 25 | $13.0M | $-8.6M | ||
| Q4 24 | $17.6M | $-9.3M | ||
| Q3 24 | $25.5M | $-28.1M | ||
| Q2 24 | $8.8M | $-7.8M | ||
| Q1 24 | $11.1M | $-7.4M |
毛利率SDTLS
| 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SDTLS
| Q4 25 | 38.5% | -39.6% | ||
| Q3 25 | 37.8% | -4.8% | ||
| Q2 25 | 53.7% | -27.5% | ||
| Q1 25 | 28.6% | -29.5% | ||
| Q4 24 | 25.9% | -37.6% | ||
| Q3 24 | 28.3% | -121.4% | ||
| Q2 24 | 23.9% | -30.3% | ||
| Q1 24 | 27.8% | -28.5% |
净利率SDTLS
| Q4 25 | 54.9% | -34.9% | ||
| Q3 25 | 40.1% | -4.1% | ||
| Q2 25 | 56.6% | -26.5% | ||
| Q1 25 | 30.6% | -28.1% | ||
| Q4 24 | 45.1% | -35.4% | ||
| Q3 24 | 84.8% | -118.0% | ||
| Q2 24 | 33.9% | -27.2% | ||
| Q1 24 | 36.7% | -24.9% |
每股收益（稀释后）SDTLS
| Q4 25 | $0.59 | $-0.22 | ||
| Q3 25 | $0.43 | $-0.03 | ||
| Q2 25 | $0.53 | $-0.13 | ||
| Q1 25 | $0.35 | $-0.12 | ||
| Q4 24 | $0.46 | $-0.13 | ||
| Q3 24 | $0.69 | $-0.39 | ||
| Q2 24 | $0.24 | $-0.11 | ||
| Q1 24 | $0.30 | $-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 | $111.0M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $510.9M | $96.0M |
| 总资产 | $644.0M | $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SDTLS
| Q4 25 | $111.0M | $53.2M | ||
| Q3 25 | $101.2M | $59.0M | ||
| Q2 25 | $102.8M | $57.0M | ||
| Q1 25 | $99.7M | $57.8M | ||
| Q4 24 | $98.1M | $54.6M | ||
| Q3 24 | $92.7M | $69.8M | ||
| Q2 24 | $209.9M | $80.1M | ||
| Q1 24 | $207.0M | $93.9M |
股东权益SDTLS
| Q4 25 | $510.9M | $96.0M | ||
| Q3 25 | $492.4M | $119.7M | ||
| Q2 25 | $480.2M | $118.4M | ||
| Q1 25 | $464.9M | $126.1M | ||
| Q4 24 | $460.5M | $127.1M | ||
| Q3 24 | $446.8M | $129.5M | ||
| Q2 24 | $424.8M | $149.1M | ||
| Q1 24 | $419.7M | $154.4M |
总资产SDTLS
| Q4 25 | $644.0M | $139.9M | ||
| Q3 25 | $619.0M | $164.3M | ||
| Q2 25 | $602.3M | $165.0M | ||
| Q1 25 | $588.3M | $158.1M | ||
| Q4 24 | $581.5M | $158.2M | ||
| Q3 24 | $565.2M | $166.3M | ||
| Q2 24 | $529.6M | $182.4M | ||
| Q1 24 | $527.4M | $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 | $31.7M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $14.4M | $8.0M |
| 自由现金流率自由现金流/营收 | 36.6% | 17.0% |
| 资本支出强度资本支出/营收 | 43.8% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $41.5M | $29.4M |
8季度趋势，按日历期对齐
经营现金流SDTLS
| Q4 25 | $31.7M | $8.0M | ||
| Q3 25 | $25.3M | $9.1M | ||
| Q2 25 | $22.9M | $7.0M | ||
| Q1 25 | $20.3M | $6.1M | ||
| Q4 24 | $26.0M | $-10.5M | ||
| Q3 24 | $20.8M | $-7.1M | ||
| Q2 24 | $11.4M | $-8.0M | ||
| Q1 24 | $15.7M | $-350.0K |
自由现金流SDTLS
| Q4 25 | $14.4M | $8.0M | ||
| Q3 25 | $5.9M | $8.7M | ||
| Q2 25 | $7.3M | $6.8M | ||
| Q1 25 | $13.9M | $6.0M | ||
| Q4 24 | $13.2M | $-12.4M | ||
| Q3 24 | $10.8M | $-7.1M | ||
| Q2 24 | $9.0M | $-8.2M | ||
| Q1 24 | $14.6M | $-447.0K |
自由现金流率SDTLS
| Q4 25 | 36.6% | 17.0% | ||
| Q3 25 | 14.9% | 16.9% | ||
| Q2 25 | 21.0% | 19.0% | ||
| Q1 25 | 32.7% | 19.5% | ||
| Q4 24 | 33.8% | -47.0% | ||
| Q3 24 | 36.1% | -30.0% | ||
| Q2 24 | 34.5% | -28.9% | ||
| Q1 24 | 48.1% | -1.5% |
资本支出强度SDTLS
| Q4 25 | 43.8% | 0.1% | ||
| Q3 25 | 48.6% | 0.9% | ||
| Q2 25 | 45.2% | 0.4% | ||
| Q1 25 | 15.0% | 0.4% | ||
| Q4 24 | 32.9% | 7.1% | ||
| Q3 24 | 33.3% | 0.2% | ||
| Q2 24 | 9.4% | 0.8% | ||
| Q1 24 | 3.7% | 0.3% |
现金转化率SDTLS
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.58× | — | ||
| Q2 25 | 1.17× | — | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 0.82× | — | ||
| Q2 24 | 1.30× | — | ||
| Q1 24 | 1.41× | — |
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
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
