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百捷租车（SMRT）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的季度营收约是百捷租车的1.3倍（$46.8M vs $36.5M），百捷租车净利率更高（-8.9% vs -34.9%，领先26.0%），TELOS CORP同比增速更快（77.4% vs 3.1%），TELOS CORP自由现金流更多（$8.0M vs $7.7M），过去两年TELOS CORP的营收复合增速更高（25.7% vs -15.0%）
百捷租车是美国知名汽车租赁企业，1958年由莫里斯·米尔金创立于加州洛杉矶，如今是安飞士百捷集团旗下子品牌，运营总部设在新泽西州帕西帕尼，在全球汽车租赁市场拥有广泛的业务布局与品牌影响力。
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。
SMRT vs TLS — 直观对比
营收规模更大
TLS
是对方的1.3倍
$36.5M
营收增速更快
TLS
高出74.3%
3.1%
净利率更高
SMRT
高出26.0%
-34.9%
自由现金流更多
TLS
多$294.0K
$7.7M
两年增速更快
TLS
近两年复合增速
-15.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $36.5M | $46.8M |
| 净利润 | $-3.2M | $-16.3M |
| 毛利率 | 38.6% | 35.0% |
| 营业利润率 | -10.9% | -39.6% |
| 净利率 | -8.9% | -34.9% |
| 营收同比 | 3.1% | 77.4% |
| 净利润同比 | 71.6% | -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SMRTTLS
| Q4 25 | $36.5M | $46.8M | ||
| Q3 25 | $36.2M | $51.4M | ||
| Q2 25 | $38.3M | $36.0M | ||
| Q1 25 | $41.3M | $30.6M | ||
| Q4 24 | $35.4M | $26.4M | ||
| Q3 24 | $40.5M | $23.8M | ||
| Q2 24 | $48.5M | $28.5M | ||
| Q1 24 | $50.5M | $29.6M |
净利润SMRTTLS
| Q4 25 | $-3.2M | $-16.3M | ||
| Q3 25 | $-6.3M | $-2.1M | ||
| Q2 25 | $-10.9M | $-9.5M | ||
| Q1 25 | $-40.2M | $-8.6M | ||
| Q4 24 | $-11.4M | $-9.3M | ||
| Q3 24 | $-9.9M | $-28.1M | ||
| Q2 24 | $-4.6M | $-7.8M | ||
| Q1 24 | $-7.7M | $-7.4M |
毛利率SMRTTLS
| Q4 25 | 38.6% | 35.0% | ||
| Q3 25 | 26.4% | 39.9% | ||
| Q2 25 | 33.1% | 33.2% | ||
| Q1 25 | 32.8% | 39.8% | ||
| Q4 24 | 28.7% | 40.3% | ||
| Q3 24 | 33.2% | 13.2% | ||
| Q2 24 | 35.7% | 34.1% | ||
| Q1 24 | 38.5% | 37.0% |
营业利润率SMRTTLS
| Q4 25 | -10.9% | -39.6% | ||
| Q3 25 | -19.4% | -4.8% | ||
| Q2 25 | -30.5% | -27.5% | ||
| Q1 25 | -99.9% | -29.5% | ||
| Q4 24 | -36.6% | -37.6% | ||
| Q3 24 | -29.0% | -121.4% | ||
| Q2 24 | -14.3% | -30.3% | ||
| Q1 24 | -20.1% | -28.5% |
净利率SMRTTLS
| Q4 25 | -8.9% | -34.9% | ||
| Q3 25 | -17.3% | -4.1% | ||
| Q2 25 | -28.3% | -26.5% | ||
| Q1 25 | -97.2% | -28.1% | ||
| Q4 24 | -32.3% | -35.4% | ||
| Q3 24 | -24.5% | -118.0% | ||
| Q2 24 | -9.5% | -27.2% | ||
| Q1 24 | -15.2% | -24.9% |
每股收益（稀释后）SMRTTLS
| Q4 25 | $-0.02 | $-0.22 | ||
| Q3 25 | $-0.03 | $-0.03 | ||
| Q2 25 | $-0.06 | $-0.13 | ||
| Q1 25 | $-0.21 | $-0.12 | ||
| Q4 24 | $-0.06 | $-0.13 | ||
| Q3 24 | $-0.05 | $-0.39 | ||
| Q2 24 | $-0.02 | $-0.11 | ||
| Q1 24 | $-0.04 | $-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 | $104.5M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $232.1M | $96.0M |
| 总资产 | $320.9M | $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SMRTTLS
| Q4 25 | $104.5M | $53.2M | ||
| Q3 25 | $100.0M | $59.0M | ||
| Q2 25 | $105.0M | $57.0M | ||
| Q1 25 | $125.6M | $57.8M | ||
| Q4 24 | $142.5M | $54.6M | ||
| Q3 24 | $163.4M | $69.8M | ||
| Q2 24 | $187.4M | $80.1M | ||
| Q1 24 | $204.7M | $93.9M |
股东权益SMRTTLS
| Q4 25 | $232.1M | $96.0M | ||
| Q3 25 | $234.4M | $119.7M | ||
| Q2 25 | $238.8M | $118.4M | ||
| Q1 25 | $250.7M | $126.1M | ||
| Q4 24 | $289.4M | $127.1M | ||
| Q3 24 | $305.1M | $129.5M | ||
| Q2 24 | $329.4M | $149.1M | ||
| Q1 24 | $333.1M | $154.4M |
总资产SMRTTLS
| Q4 25 | $320.9M | $139.9M | ||
| Q3 25 | $335.8M | $164.3M | ||
| Q2 25 | $354.0M | $165.0M | ||
| Q1 25 | $366.1M | $158.1M | ||
| Q4 24 | $420.2M | $158.2M | ||
| Q3 24 | $448.6M | $166.3M | ||
| Q2 24 | $475.3M | $182.4M | ||
| Q1 24 | $485.5M | $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 | $7.7M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $8.0M |
| 自由现金流率自由现金流/营收 | 21.0% | 17.0% |
| 资本支出强度资本支出/营收 | 0.0% | 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 | $-25.1M | $29.4M |
8季度趋势，按日历期对齐
经营现金流SMRTTLS
| Q4 25 | $7.7M | $8.0M | ||
| Q3 25 | $-2.1M | $9.1M | ||
| Q2 25 | $-14.9M | $7.0M | ||
| Q1 25 | $-12.2M | $6.1M | ||
| Q4 24 | $-12.0M | $-10.5M | ||
| Q3 24 | $-3.7M | $-7.1M | ||
| Q2 24 | $-13.9M | $-8.0M | ||
| Q1 24 | $-3.3M | $-350.0K |
自由现金流SMRTTLS
| Q4 25 | $7.7M | $8.0M | ||
| Q3 25 | $-2.2M | $8.7M | ||
| Q2 25 | $-16.2M | $6.8M | ||
| Q1 25 | $-14.3M | $6.0M | ||
| Q4 24 | $-13.3M | $-12.4M | ||
| Q3 24 | $-3.9M | $-7.1M | ||
| Q2 24 | $-14.1M | $-8.2M | ||
| Q1 24 | $-3.4M | $-447.0K |
自由现金流率SMRTTLS
| Q4 25 | 21.0% | 17.0% | ||
| Q3 25 | -6.1% | 16.9% | ||
| Q2 25 | -42.3% | 19.0% | ||
| Q1 25 | -34.7% | 19.5% | ||
| Q4 24 | -37.5% | -47.0% | ||
| Q3 24 | -9.7% | -30.0% | ||
| Q2 24 | -29.1% | -28.9% | ||
| Q1 24 | -6.7% | -1.5% |
资本支出强度SMRTTLS
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.2% | 0.9% | ||
| Q2 25 | 3.3% | 0.4% | ||
| Q1 25 | 5.3% | 0.4% | ||
| Q4 24 | 3.5% | 7.1% | ||
| Q3 24 | 0.6% | 0.2% | ||
| Q2 24 | 0.5% | 0.8% | ||
| Q1 24 | 0.1% | 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
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
