Strong Revenue Growth
Revenue grew 23.5% year-over-year to $6.52B in FY2025 (from $5.28B in the prior year), indicating strong demand across NI's product and service portfolio.
来源: 10-K Income Statement
该报告暂无中文版，以下为英文版分析。
按公开的固定规则计算，不是模型的主观判断——但其中一项输入（高等级风险的条数）取自下方的 AI 分析。
非投资建议，也不是目标价——评的是本季基本面，不是股价。 完整方法论 →
AI核心结论
NI (National Instruments) delivered strong FY2025 results with revenue surging 23.5% to $6.52B, operating income rising 26.1% to $1.84B, and operating cash flow jumping 32.6% to $2.36B, reflecting robust business momentum.
营收
65.23亿美元
同比 +23.47%
每股收益（稀释）
1.95美元
同比 +20.37%
营业利润
18.35亿美元
同比 +26.09%
SEC XBRL 原值
Nisource (NI) FY2025 营收 65.23亿美元，同比增长 23.5%。 营业利润率 28.1%，较去年同期的 27.6% 扩大 0.5 个百分点。 经营活动现金流 23.62亿美元，同比增长 32.6%。
近 4 个季度：0 次超预期
| 季度 | 实际 EPS（美元） | 市场预期（美元） | 结果 |
|---|---|---|---|
| 2026年6月 | 0.16 | 0.16 | 不及预期 -2.1% |
| 2026年3月 | 1.06 | 1.08 | 不及预期 -2.3% |
| 2025年12月本次财报 | 0.51 | 0.52 | 不及预期 -1.3% |
| 2025年9月 | 0.19 | 0.20 | 不及预期 -6.8% |
2025年12月 实际 EPS 0.51美元，分析师一致预期 0.52美元，不及预期 -1.3%。
由 AI 基于本次 SEC 报告整理
Revenue grew 23.5% year-over-year to $6.52B in FY2025 (from $5.28B in the prior year), indicating strong demand across NI's product and service portfolio.
来源: 10-K Income Statement
Operating margin improved modestly to 28.1% from 27.6% in the prior year, demonstrating disciplined cost management even as the company scaled revenues significantly.
来源: 10-K Income Statement / Key Ratios
Operating cash flow increased 32.6% to $2.36B, well outpacing net income growth of 22.2%, suggesting strong cash conversion and working capital improvements.
来源: 10-K Cash Flow Statement
Investing cash outflows increased 40.8% to -$4.52B, indicating substantial capital deployment — likely acquisitions or capital expenditures — as the company pursues growth initiatives.
来源: 10-K Cash Flow Statement
Current liabilities declined 15.9% to $3.46B while current assets grew 14.3% to $2.38B, though the current ratio remains below 1.0 at 0.69, warranting monitoring of short-term obligations.
来源: 10-K Balance Sheet
由 AI 基于本次 SEC 报告整理 · 高 2 中 3 低 0
NI's current ratio stands at 0.69, meaning current liabilities of $3.46B exceed current assets of $2.38B. This could create short-term liquidity pressure if cash flows deteriorate or credit conditions tighten.
来源: 10-K Balance Sheet
Investing cash outflows reached -$4.52B in FY2025, a 40.8% increase year-over-year. Large-scale acquisitions or capital projects carry integration, execution, and return-on-investment risks that could weigh on future profitability.
来源: 10-K Cash Flow Statement
Cash and equivalents fell 29.7% to $110.1M, a relatively thin cash cushion for a company of NI's size. This increases reliance on operating cash flows and external financing to meet obligations.
来源: 10-K Balance Sheet
Financing cash flows swung dramatically to +$2.10B from -$651M in the prior year, suggesting significant new debt or equity issuance. Increased leverage could elevate financial risk if earnings growth slows.
来源: 10-K Cash Flow Statement
Return on assets stands at just 2.59% despite strong revenue growth, indicating that NI's expanding asset base ($35.86B total assets) is not yet generating proportionally higher returns, which may reflect integration costs or underutilized acquired assets.
来源: 10-K Balance Sheet / Key Ratios
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营收 亿美元 | 65.23 亿美元 | 52.83 亿美元 | +23.47% |
营业利润 亿美元 | 18.35 亿美元 | 14.56 亿美元 | +26.09% |
净利润 亿美元 | 9.30 亿美元 | 7.60 亿美元 | +22.24% |
每股收益（基本） 美元 | 1.96 美元 | 1.63 美元 | +20.25% |
每股收益（稀释） 美元 | 1.95 美元 | 1.62 美元 | +20.37% |
答案基于本次 SEC 报告与本页数据