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STAAR SURGICAL CO（STAA）与Warby Parker Inc.（WRBY）财务数据对比。点击上方公司名可切换其他公司
Warby Parker Inc.的季度营收约是STAAR SURGICAL CO的4.3倍（$212.0M vs $49.0M）。Warby Parker Inc.净利率更高（-2.8% vs -69.9%，领先67.1%）。Warby Parker Inc.同比增速更快（11.2% vs -35.8%）。Warby Parker Inc.自由现金流更多（$8.1M vs $-5.1M）。过去两年Warby Parker Inc.的营收复合增速更高（2.9% vs -18.4%）
STAAR Surgical是一家专注于眼科领域的全球医疗设备企业，主营可植入式隐形眼镜（ICL）及配套眼科手术耗材，为眼科医师提供微创视力矫正解决方案，产品覆盖北美、欧洲、亚太等全球主要市场。
Warby Parker是总部位于纽约的美国眼镜品牌零售商，主营处方眼镜、隐形眼镜及太阳镜，还提供验光服务。品牌2010年创立之初仅在线上运营，目前约三分之二的收入来自276家线下实体门店，其中271家位于美国，5家位于加拿大，品牌未来计划开设900家门店，现有消费者规模228万，客单价约263美元。
STAA vs WRBY — 直观对比
营收规模更大
WRBY
是对方的4.3倍
$49.0M
营收增速更快
WRBY
高出47.0%
-35.8%
净利率更高
WRBY
高出67.1%
-69.9%
自由现金流更多
WRBY
多$13.2M
$-5.1M
两年增速更快
WRBY
近两年复合增速
-18.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $49.0M | $212.0M |
| 净利润 | $-34.2M | $-6.0M |
| 毛利率 | 64.7% | 52.4% |
| 营业利润率 | -57.0% | -3.2% |
| 净利率 | -69.9% | -2.8% |
| 营收同比 | -35.8% | 11.2% |
| 净利润同比 | -541.3% | 13.4% |
| 每股收益（稀释后） | $-0.69 | $-0.06 |
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STAAWRBY
| Q4 25 | — | $212.0M | ||
| Q3 25 | — | $221.7M | ||
| Q2 25 | — | $214.5M | ||
| Q1 25 | — | $223.8M | ||
| Q4 24 | $49.0M | $190.6M | ||
| Q3 24 | $88.6M | $192.4M | ||
| Q2 24 | $99.0M | $188.2M | ||
| Q1 24 | $77.4M | $200.0M |
净利润STAAWRBY
| Q4 25 | — | $-6.0M | ||
| Q3 25 | — | $5.9M | ||
| Q2 25 | — | $-1.8M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | $-34.2M | $-6.9M | ||
| Q3 24 | $10.0M | $-4.1M | ||
| Q2 24 | $7.4M | $-6.8M | ||
| Q1 24 | $-3.3M | $-2.7M |
毛利率STAAWRBY
| Q4 25 | — | 52.4% | ||
| Q3 25 | — | 54.1% | ||
| Q2 25 | — | 53.0% | ||
| Q1 25 | — | 56.3% | ||
| Q4 24 | 64.7% | 54.1% | ||
| Q3 24 | 77.3% | 54.5% | ||
| Q2 24 | 79.2% | 56.0% | ||
| Q1 24 | 78.9% | 56.7% |
营业利润率STAAWRBY
| Q4 25 | — | -3.2% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | -57.0% | -4.9% | ||
| Q3 24 | 6.4% | -3.4% | ||
| Q2 24 | 12.0% | -4.8% | ||
| Q1 24 | -2.9% | -2.6% |
净利率STAAWRBY
| Q4 25 | — | -2.8% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | -0.8% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | -69.9% | -3.6% | ||
| Q3 24 | 11.3% | -2.1% | ||
| Q2 24 | 7.5% | -3.6% | ||
| Q1 24 | -4.3% | -1.3% |
每股收益（稀释后）STAAWRBY
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $0.05 | ||
| Q2 25 | — | $-0.01 | ||
| Q1 25 | — | $0.03 | ||
| Q4 24 | $-0.69 | $-0.06 | ||
| Q3 24 | $0.20 | $-0.03 | ||
| Q2 24 | $0.15 | $-0.06 | ||
| Q1 24 | $-0.07 | $-0.02 |
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 | $230.5M | $286.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $397.3M | $367.7M |
| 总资产 | $509.5M | $720.9M |
| 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STAAWRBY
| Q4 25 | — | $286.4M | ||
| Q3 25 | — | $280.4M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $265.1M | ||
| Q4 24 | $230.5M | $254.2M | ||
| Q3 24 | $236.0M | $251.0M | ||
| Q2 24 | $235.2M | $238.0M | ||
| Q1 24 | $245.1M | $220.4M |
股东权益STAAWRBY
| Q4 25 | — | $367.7M | ||
| Q3 25 | — | $369.6M | ||
| Q2 25 | — | $361.5M | ||
| Q1 25 | — | $354.1M | ||
| Q4 24 | $397.3M | $340.1M | ||
| Q3 24 | $428.1M | $336.8M | ||
| Q2 24 | $409.1M | $329.4M | ||
| Q1 24 | $392.8M | $316.2M |
总资产STAAWRBY
| Q4 25 | — | $720.9M | ||
| Q3 25 | — | $706.9M | ||
| Q2 25 | — | $701.9M | ||
| Q1 25 | — | $682.8M | ||
| Q4 24 | $509.5M | $676.5M | ||
| Q3 24 | $537.6M | $638.0M | ||
| Q2 24 | $512.7M | $618.2M | ||
| Q1 24 | $492.5M | $592.9M |
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 | $642.0K | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-5.1M | $8.1M |
| 自由现金流率自由现金流/营收 | -10.4% | 3.8% |
| 资本支出强度资本支出/营收 | 11.7% | 7.1% |
| 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 | $-7.7M | $43.7M |
8季度趋势，按日历期对齐
经营现金流STAAWRBY
| Q4 25 | — | $23.3M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | — | $40.2M | ||
| Q1 25 | — | $29.4M | ||
| Q4 24 | $642.0K | $19.9M | ||
| Q3 24 | $3.8M | $27.3M | ||
| Q2 24 | $-10.4M | $31.6M | ||
| Q1 24 | $21.7M | $19.9M |
自由现金流STAAWRBY
| Q4 25 | — | $8.1M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $23.9M | ||
| Q1 25 | — | $13.2M | ||
| Q4 24 | $-5.1M | $2.2M | ||
| Q3 24 | $-2.4M | $13.1M | ||
| Q2 24 | $-16.6M | $14.0M | ||
| Q1 24 | $16.5M | $5.5M |
自由现金流率STAAWRBY
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | -0.7% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | -10.4% | 1.1% | ||
| Q3 24 | -2.7% | 6.8% | ||
| Q2 24 | -16.8% | 7.4% | ||
| Q1 24 | 21.3% | 2.7% |
资本支出强度STAAWRBY
| Q4 25 | — | 7.1% | ||
| Q3 25 | — | 8.8% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | 11.7% | 9.3% | ||
| Q3 24 | 7.0% | 7.4% | ||
| Q2 24 | 6.3% | 9.4% | ||
| Q1 24 | 6.7% | 7.2% |
现金转化率STAAWRBY
| Q4 25 | — | — | ||
| Q3 25 | — | 3.06× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 8.46× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | -1.41× | — | ||
| Q1 24 | — | — |
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
STAA
暂无分部数据
WRBY
| Retail | $155.2M | 73% |
| E Commerce | $56.8M | 27% |
