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ARRAY DIGITAL INFRASTRUCTURE, INC.（AD）与Anterix Inc.（ATEX）财务数据对比。点击上方公司名可切换其他公司
ARRAY DIGITAL INFRASTRUCTURE, INC.净利率更高（-2.3% vs -419.6%，领先417.4%）。Anterix Inc.同比增速更快（0.4% vs -279.1%）。Anterix Inc.自由现金流更多（$-8.3M vs $-210.7M）。过去两年Anterix Inc.的营收复合增速更高（NaN% vs NaN%）
Array Digital Infrastructure, Inc.是一家数字基础设施提供商，拥有、运营和开发战略布局的数据中心设施，主要服务云服务商、企业客户及电信企业，核心业务覆盖北美市场。
Anterix Inc.是总部位于美国的无线通信企业，持有合规900MHz频谱牌照，主要面向电力公用事业、公共安全机构、交通运营商等关键基础设施运营主体，提供安全专用的私有宽带网络解决方案，核心市场为北美，满足客户关键业务对高可靠连接的需求。
AD vs ATEX — 直观对比
营收规模更大
ATEX
是对方的-0.0倍
$-1.7B
营收增速更快
ATEX
高出279.6%
-279.1%
净利率更高
AD
高出417.4%
-419.6%
自由现金流更多
ATEX
多$202.4M
$-210.7M
两年增速更快
ATEX
近两年复合增速
NaN%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $-1.7B | $1.6M |
| 净利润 | $38.2M | $-6.6M |
| 毛利率 | — | — |
| 营业利润率 | — | -576.0% |
| 净利率 | -2.3% | -419.6% |
| 营收同比 | -279.1% | 0.4% |
| 净利润同比 | 664.4% | -185.6% |
| 每股收益（稀释后） | $0.43 | $-0.35 |
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ADATEX
| Q4 25 | $-1.7B | $1.6M | ||
| Q3 25 | $47.1M | $1.6M | ||
| Q2 25 | — | $1.4M | ||
| Q1 25 | — | $1.4M | ||
| Q4 24 | $944.0M | $1.6M | ||
| Q3 24 | $896.0M | $1.6M | ||
| Q2 24 | $902.0M | $1.5M | ||
| Q1 24 | $925.0M | $1.3M |
净利润ADATEX
| Q4 25 | $38.2M | $-6.6M | ||
| Q3 25 | $-38.5M | $53.5M | ||
| Q2 25 | — | $25.2M | ||
| Q1 25 | — | $9.2M | ||
| Q4 24 | $5.0M | $7.7M | ||
| Q3 24 | $-79.0M | $-12.8M | ||
| Q2 24 | $17.0M | $-15.5M | ||
| Q1 24 | $18.0M | $-9.4M |
毛利率ADATEX
| Q4 25 | — | — | ||
| Q3 25 | 55.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 98.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ADATEX
| Q4 25 | — | -576.0% | ||
| Q3 25 | -113.1% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | -10.0% | -846.6% | ||
| Q2 24 | 4.0% | -984.4% | ||
| Q1 24 | 5.5% | -834.2% |
净利率ADATEX
| Q4 25 | -2.3% | -419.6% | ||
| Q3 25 | -81.6% | 3449.5% | ||
| Q2 25 | — | 1775.7% | ||
| Q1 25 | — | 662.9% | ||
| Q4 24 | 0.5% | 492.3% | ||
| Q3 24 | -8.8% | -823.1% | ||
| Q2 24 | 1.9% | -1018.0% | ||
| Q1 24 | 1.9% | -746.9% |
每股收益（稀释后）ADATEX
| Q4 25 | $0.43 | $-0.35 | ||
| Q3 25 | $-0.44 | $2.86 | ||
| Q2 25 | — | $1.35 | ||
| Q1 25 | — | $0.51 | ||
| Q4 24 | $0.06 | $0.41 | ||
| Q3 24 | $-0.92 | $-0.69 | ||
| Q2 24 | $0.20 | $-0.84 | ||
| Q1 24 | $0.20 | $-0.51 |
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 | $113.4M | $29.5M |
| 总债务越低越好 | $670.3M | — |
| 股东权益账面价值 | $2.6B | $236.0M |
| 总资产 | $4.7B | $417.0M |
| 负债/权益比越低杠杆越低 | 0.26× | — |
8季度趋势，按日历期对齐
现金及短期投资ADATEX
| Q4 25 | $113.4M | $29.5M | ||
| Q3 25 | $325.6M | $39.1M | ||
| Q2 25 | — | $41.4M | ||
| Q1 25 | — | $47.4M | ||
| Q4 24 | $144.0M | $28.8M | ||
| Q3 24 | $272.0M | $43.1M | ||
| Q2 24 | $195.0M | $51.7M | ||
| Q1 24 | $185.0M | $60.6M |
总债务ADATEX
| Q4 25 | $670.3M | — | ||
| Q3 25 | $671.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $3.0B | — |
股东权益ADATEX
| Q4 25 | $2.6B | $236.0M | ||
| Q3 25 | $2.5B | $240.3M | ||
| Q2 25 | — | $184.8M | ||
| Q1 25 | — | $156.6M | ||
| Q4 24 | $4.6B | $144.7M | ||
| Q3 24 | $4.6B | $139.1M | ||
| Q2 24 | $4.7B | $148.8M | ||
| Q1 24 | $4.7B | $161.0M |
总资产ADATEX
| Q4 25 | $4.7B | $417.0M | ||
| Q3 25 | $4.9B | $420.4M | ||
| Q2 25 | — | $359.6M | ||
| Q1 25 | — | $333.1M | ||
| Q4 24 | $10.4B | $326.7M | ||
| Q3 24 | $10.5B | $317.2M | ||
| Q2 24 | $10.6B | $321.1M | ||
| Q1 24 | $10.7B | $324.9M |
负债/权益比ADATEX
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
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 | $-202.1M | $-8.3M |
| 自由现金流经营现金流 - 资本支出 | $-210.7M | $-8.3M |
| 自由现金流率自由现金流/营收 | 12.5% | -526.4% |
| 资本支出强度资本支出/营收 | -0.5% | 0.6% |
| 现金转化率经营现金流/净利润 | -5.29× | — |
| 过去12个月自由现金流最近4个季度 | $-321.2M | — |
8季度趋势，按日历期对齐
经营现金流ADATEX
| Q4 25 | $-202.1M | $-8.3M | ||
| Q3 25 | $-82.1M | $1.4M | ||
| Q2 25 | — | $-3.1M | ||
| Q1 25 | — | $-16.6M | ||
| Q4 24 | $122.0M | $-7.7M | ||
| Q3 24 | $245.0M | $-2.6M | ||
| Q2 24 | $313.0M | $-2.4M | ||
| Q1 24 | $203.0M | $6.1M |
自由现金流ADATEX
| Q4 25 | $-210.7M | $-8.3M | ||
| Q3 25 | $-210.5M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-16.6M | ||
| Q4 24 | $-16.0M | — | ||
| Q3 24 | $116.0M | $-2.7M | ||
| Q2 24 | $176.0M | — | ||
| Q1 24 | $70.0M | $6.1M |
自由现金流率ADATEX
| Q4 25 | 12.5% | -526.4% | ||
| Q3 25 | -446.8% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -1195.2% | ||
| Q4 24 | -1.7% | — | ||
| Q3 24 | 12.9% | -173.4% | ||
| Q2 24 | 19.5% | — | ||
| Q1 24 | 7.6% | 484.1% |
资本支出强度ADATEX
| Q4 25 | -0.5% | 0.6% | ||
| Q3 25 | 272.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | 14.6% | 0.0% | ||
| Q3 24 | 14.4% | 2.6% | ||
| Q2 24 | 15.2% | 0.0% | ||
| Q1 24 | 14.4% | 3.2% |
现金转化率ADATEX
| Q4 25 | -5.29× | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | -0.12× | ||
| Q1 25 | — | -1.80× | ||
| Q4 24 | 24.40× | -1.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | 18.41× | — | ||
| Q1 24 | 11.28× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
