vs
American Bitcoin Corp.（ABTC）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
Ribbon Communications Inc.的季度营收约是American Bitcoin Corp.的1.4倍（$162.6M vs $118.0M），American Bitcoin Corp.同比增速更快（151.5% vs -10.3%），过去两年American Bitcoin Corp.的营收复合增速更高（296.9% vs -8.1%）
美国比特币公司专注于比特币相关业务领域。比特币是首个去中心化加密货币，由化名为中本聪的匿名人士于2008年发布白皮书后诞生，2009年随着开源代码上线正式投入使用，问世以来对全球金融与数字货币领域都产生了极为深远的影响。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
ABTC vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.4倍
$118.0M
营收增速更快
ABTC
高出161.8%
-10.3%
两年增速更快
ABTC
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $118.0M | $162.6M |
| 净利润 | — | $89.1M |
| 毛利率 | 49.1% | 42.9% |
| 营业利润率 | -192.8% | 37.6% |
| 净利率 | — | 54.8% |
| 营收同比 | 151.5% | -10.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.07 | $0.50 |
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ABTCRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $118.0M | $227.3M | ||
| Q3 25 | $64.2M | $215.4M | ||
| Q2 25 | $1.4M | $220.6M | ||
| Q1 25 | $1.6M | $181.3M | ||
| Q4 24 | $46.9M | $251.4M | ||
| Q3 24 | $11.6M | $210.2M | ||
| Q2 24 | $5.5M | $192.6M |
净利润ABTCRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | $3.5M | $-12.1M | ||
| Q2 25 | $3.4M | $-11.1M | ||
| Q1 25 | $-100.6M | $-26.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-576.0K | $-13.4M | ||
| Q2 24 | $-61.1M | $-16.8M |
毛利率ABTCRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 49.1% | 53.3% | ||
| Q3 25 | 56.0% | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | 57.9% | 55.7% | ||
| Q3 24 | 4.2% | 52.1% | ||
| Q2 24 | 31.0% | 50.8% |
营业利润率ABTCRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | -192.8% | 4.1% | ||
| Q3 25 | 11.2% | 1.3% | ||
| Q2 25 | -162.1% | 1.9% | ||
| Q1 25 | -350.8% | -10.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | -87.8% | -0.4% | ||
| Q2 24 | -106.4% | -1.0% |
净利率ABTCRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | — | — | ||
| Q3 25 | 5.4% | -5.6% | ||
| Q2 25 | 249.2% | -5.0% | ||
| Q1 25 | -6458.5% | -14.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.0% | -6.4% | ||
| Q2 24 | -1107.2% | -8.7% |
每股收益（稀释后）ABTCRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.07 | $0.50 | ||
| Q3 25 | $0.06 | $-0.07 | ||
| Q2 25 | $-0.07 | $-0.06 | ||
| Q1 25 | $-0.09 | $-0.15 | ||
| Q4 24 | $1.10 | $0.05 | ||
| Q3 24 | $-0.15 | $-0.08 | ||
| Q2 24 | $-0.10 | $-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 | — | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $665.8M | $419.1M |
| 总资产 | $1.2B | — |
| 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ABTCRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $74.8M | ||
| Q2 25 | $750.0K | $60.5M | ||
| Q1 25 | $367.0K | $71.2M | ||
| Q4 24 | $850.0K | $87.8M | ||
| Q3 24 | $478.0K | $37.2M | ||
| Q2 24 | $1.4M | $64.6M |
总债务ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益ABTCRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $665.8M | $449.0M | ||
| Q3 25 | $575.5M | $360.1M | ||
| Q2 25 | $339.7M | $370.4M | ||
| Q1 25 | $115.8M | $381.8M | ||
| Q4 24 | $1.0B | $404.6M | ||
| Q3 24 | $697.5M | $395.5M | ||
| Q2 24 | $614.3M | $405.0M |
总资产ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $6.2M | $1.1B | ||
| Q1 25 | $9.0M | $1.1B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $7.5M | $1.1B | ||
| Q2 24 | $11.4M | $1.1B |
负债/权益比ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.86× |
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 | $-79.6M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-79.6M | $29.2M | ||
| Q3 25 | $-39.0M | $26.5M | ||
| Q2 25 | $-879.0K | $-795.0K | ||
| Q1 25 | $-3.2M | $-3.5M | ||
| Q4 24 | $-54.0M | $61.8M | ||
| Q3 24 | $-76.8M | $-14.8M | ||
| Q2 24 | $201.0K | $-9.8M |
自由现金流ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | $-1.4M | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | $-60.6M | $53.8M | ||
| Q3 24 | $-79.3M | $-23.7M | ||
| Q2 24 | $-874.0K | $-12.9M |
自由现金流率ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | -104.4% | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | -129.2% | 21.4% | ||
| Q3 24 | -683.2% | -11.3% | ||
| Q2 24 | -15.8% | -6.7% |
资本支出强度ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | 40.5% | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 14.1% | 3.2% | ||
| Q3 24 | 21.6% | 4.2% | ||
| Q2 24 | 19.5% | 1.6% |
现金转化率ABTCRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -11.21× | — | ||
| Q2 25 | -0.26× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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
ABTC
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
