vs
STEM, INC.（STEM）与Star Equity Holdings, Inc.（STRR）财务数据对比。点击上方公司名可切换其他公司
Star Equity Holdings, Inc.的季度营收约是STEM, INC.的1.2倍（$56.8M vs $47.1M），Star Equity Holdings, Inc.净利率更高（-3.0% vs -33.9%，领先30.9%），Star Equity Holdings, Inc.同比增速更快（69.0% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 29.5%）
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
该公司信息存在混淆，Stars Equity Holdings, Inc.为一家投资控股企业，而描述提及的Artists Equity是由本·阿弗莱克和马特·达蒙两位演员兼制片人于2022年11月创立的美国制片公司。
STEM vs STRR — 直观对比
营收规模更大
STRR
是对方的1.2倍
$47.1M
营收增速更快
STRR
高出84.6%
-15.6%
净利率更高
STRR
高出30.9%
-33.9%
两年增速更快
STEM
近两年复合增速
29.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $47.1M | $56.8M |
| 净利润 | $-16.0M | $-1.7M |
| 毛利率 | 48.9% | — |
| 营业利润率 | -17.7% | -0.2% |
| 净利率 | -33.9% | -3.0% |
| 营收同比 | -15.6% | 69.0% |
| 净利润同比 | 68.8% | -192.1% |
| 每股收益（稀释后） | $-4.40 | $-0.49 |
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STEMSTRR
| Q4 25 | $47.1M | $56.8M | ||
| Q3 25 | $38.2M | $48.0M | ||
| Q2 25 | $38.4M | $35.5M | ||
| Q1 25 | $32.5M | $31.9M | ||
| Q4 24 | $55.8M | $33.6M | ||
| Q3 24 | $29.3M | $36.9M | ||
| Q2 24 | $34.0M | $35.7M | ||
| Q1 24 | $25.5M | $33.9M |
净利润STEMSTRR
| Q4 25 | $-16.0M | $-1.7M | ||
| Q3 25 | $-23.8M | $-1.8M | ||
| Q2 25 | $202.5M | $-688.0K | ||
| Q1 25 | $-25.0M | $-1.8M | ||
| Q4 24 | $-51.1M | $-585.0K | ||
| Q3 24 | $-148.3M | $-846.0K | ||
| Q2 24 | $-582.3M | $-441.0K | ||
| Q1 24 | $-72.3M | $-2.9M |
毛利率STEMSTRR
| Q4 25 | 48.9% | — | ||
| Q3 25 | 35.5% | 43.0% | ||
| Q2 25 | 33.4% | — | ||
| Q1 25 | 32.4% | — | ||
| Q4 24 | -4.4% | — | ||
| Q3 24 | 21.2% | 50.5% | ||
| Q2 24 | 27.6% | — | ||
| Q1 24 | -95.0% | — |
营业利润率STEMSTRR
| Q4 25 | -17.7% | -0.2% | ||
| Q3 25 | -33.6% | -3.4% | ||
| Q2 25 | -34.8% | -0.6% | ||
| Q1 25 | -65.0% | -5.4% | ||
| Q4 24 | -84.4% | -0.4% | ||
| Q3 24 | -493.2% | -1.2% | ||
| Q2 24 | -1705.5% | -0.5% | ||
| Q1 24 | -267.0% | -9.0% |
净利率STEMSTRR
| Q4 25 | -33.9% | -3.0% | ||
| Q3 25 | -62.2% | -3.7% | ||
| Q2 25 | 527.8% | -1.9% | ||
| Q1 25 | -76.9% | -5.5% | ||
| Q4 24 | -91.6% | -1.7% | ||
| Q3 24 | -506.3% | -2.3% | ||
| Q2 24 | -1712.6% | -1.2% | ||
| Q1 24 | -283.9% | -8.6% |
每股收益（稀释后）STEMSTRR
| Q4 25 | $-4.40 | $-0.49 | ||
| Q3 25 | $-2.84 | $-0.54 | ||
| Q2 25 | $-1.79 | $-0.23 | ||
| Q1 25 | $-0.15 | $-0.59 | ||
| Q4 24 | $-15.29 | $-0.21 | ||
| Q3 24 | $-18.24 | $-0.28 | ||
| Q2 24 | $-71.81 | $-0.15 | ||
| Q1 24 | $-0.46 | $-0.95 |
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 | $48.9M | $10.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-249.4M | $65.7M |
| 总资产 | $308.9M | $113.2M |
| 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STEMSTRR
| Q4 25 | $48.9M | $10.3M | ||
| Q3 25 | $43.1M | $15.4M | ||
| Q2 25 | $40.8M | $16.8M | ||
| Q1 25 | $58.6M | $16.6M | ||
| Q4 24 | $56.3M | $17.0M | ||
| Q3 24 | $75.4M | $15.8M | ||
| Q2 24 | $89.6M | $14.7M | ||
| Q1 24 | $112.8M | $20.4M |
总债务STEMSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益STEMSTRR
| Q4 25 | $-249.4M | $65.7M | ||
| Q3 25 | $-235.7M | $67.8M | ||
| Q2 25 | $-214.1M | $40.1M | ||
| Q1 25 | $-417.5M | $39.5M | ||
| Q4 24 | $-398.4M | $40.4M | ||
| Q3 24 | $-344.1M | $42.9M | ||
| Q2 24 | $-203.2M | $42.6M | ||
| Q1 24 | $371.6M | $44.3M |
总资产STEMSTRR
| Q4 25 | $308.9M | $113.2M | ||
| Q3 25 | $362.6M | $117.1M | ||
| Q2 25 | $379.2M | $55.6M | ||
| Q1 25 | $405.1M | $53.2M | ||
| Q4 24 | $437.4M | $52.6M | ||
| Q3 24 | $537.8M | $52.6M | ||
| Q2 24 | $691.5M | $52.6M | ||
| Q1 24 | $1.3B | $52.6M |
负债/权益比STEMSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $8.2M | $-7.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -15.8% |
| 资本支出强度资本支出/营收 | — | 3.0% |
| 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 | — | $-13.0M |
8季度趋势，按日历期对齐
经营现金流STEMSTRR
| Q4 25 | $8.2M | $-7.3M | ||
| Q3 25 | $11.4M | $-2.7M | ||
| Q2 25 | $-21.3M | $139.0K | ||
| Q1 25 | $8.5M | $-802.0K | ||
| Q4 24 | $-14.7M | $-2.8M | ||
| Q3 24 | $-9.4M | $1.3M | ||
| Q2 24 | $-11.9M | $-4.3M | ||
| Q1 24 | $-621.0K | $-1.8M |
自由现金流STEMSTRR
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $-3.4M | ||
| Q2 25 | — | $102.0K | ||
| Q1 25 | — | $-808.0K | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-1.8M |
自由现金流率STEMSTRR
| Q4 25 | — | -15.8% | ||
| Q3 25 | — | -7.0% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | -12.0% | ||
| Q1 24 | — | -5.3% |
资本支出强度STEMSTRR
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
现金转化率STEMSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.11× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
STEM
暂无分部数据
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
