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ARRAY DIGITAL INFRASTRUCTURE, INC.（AD）与康卡斯特（CMCSA）财务数据对比。点击上方公司名可切换其他公司
康卡斯特净利率更高（6.9% vs -2.3%，领先9.2%）。康卡斯特同比增速更快（5.3% vs -279.1%）。康卡斯特自由现金流更多（$3.9B vs $-210.7M）。过去两年康卡斯特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。
康卡斯特是美国跨国大众传媒、电信及娱乐综合集团，总部位于费城康卡斯特中心，旗下NBC环球、纽约业务及其他核心资产总部设于纽约曼哈顿中城洛克菲勒广场30号，2023年位列福布斯全球企业2000强第51位，是全球传媒娱乐领域的头部企业。
AD vs CMCSA — 直观对比
营收规模更大
CMCSA
是对方的-18.6倍
$-1.7B
营收增速更快
CMCSA
高出284.4%
-279.1%
净利率更高
CMCSA
高出9.2%
-2.3%
自由现金流更多
CMCSA
多$4.1B
$-210.7M
两年增速更快
CMCSA
近两年复合增速
NaN%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $-1.7B | $31.5B |
| 净利润 | $38.2M | $2.2B |
| 毛利率 | — | — |
| 营业利润率 | — | 13.1% |
| 净利率 | -2.3% | 6.9% |
| 营收同比 | -279.1% | 5.3% |
| 净利润同比 | 664.4% | -35.6% |
| 每股收益（稀释后） | $0.43 | $0.60 |
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ADCMCSA
| Q1 26 | — | $31.5B | ||
| Q4 25 | $-1.7B | $32.3B | ||
| Q3 25 | $47.1M | $31.2B | ||
| Q2 25 | — | $30.3B | ||
| Q1 25 | — | $29.9B | ||
| Q4 24 | $944.0M | $31.9B | ||
| Q3 24 | $896.0M | $32.1B | ||
| Q2 24 | $902.0M | $29.7B |
净利润ADCMCSA
| Q1 26 | — | $2.2B | ||
| Q4 25 | $38.2M | $2.2B | ||
| Q3 25 | $-38.5M | $3.3B | ||
| Q2 25 | — | $11.1B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | $5.0M | $4.8B | ||
| Q3 24 | $-79.0M | $3.6B | ||
| Q2 24 | $17.0M | $3.9B |
毛利率ADCMCSA
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 55.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 98.0% | — | ||
| Q2 24 | — | — |
营业利润率ADCMCSA
| Q1 26 | — | 13.1% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | -113.1% | 17.7% | ||
| Q2 25 | — | 19.8% | ||
| Q1 25 | — | 18.9% | ||
| Q4 24 | -1.0% | 15.6% | ||
| Q3 24 | -10.0% | 18.3% | ||
| Q2 24 | 4.0% | 22.3% |
净利率ADCMCSA
| Q1 26 | — | 6.9% | ||
| Q4 25 | -2.3% | 6.7% | ||
| Q3 25 | -81.6% | 10.7% | ||
| Q2 25 | — | 36.7% | ||
| Q1 25 | — | 11.3% | ||
| Q4 24 | 0.5% | 15.0% | ||
| Q3 24 | -8.8% | 11.3% | ||
| Q2 24 | 1.9% | 13.2% |
每股收益（稀释后）ADCMCSA
| Q1 26 | — | $0.60 | ||
| Q4 25 | $0.43 | $0.62 | ||
| Q3 25 | $-0.44 | $0.90 | ||
| Q2 25 | — | $2.98 | ||
| Q1 25 | — | $0.89 | ||
| Q4 24 | $0.06 | $1.23 | ||
| Q3 24 | $-0.92 | $0.94 | ||
| Q2 24 | $0.20 | $1.00 |
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 | $9.5B |
| 总债务越低越好 | $670.3M | $5.4B |
| 股东权益账面价值 | $2.6B | $88.3B |
| 总资产 | $4.7B | $260.0B |
| 负债/权益比越低杠杆越低 | 0.26× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资ADCMCSA
| Q1 26 | — | $9.5B | ||
| Q4 25 | $113.4M | $9.5B | ||
| Q3 25 | $325.6M | $9.3B | ||
| Q2 25 | — | $9.7B | ||
| Q1 25 | — | $8.6B | ||
| Q4 24 | $144.0M | $7.3B | ||
| Q3 24 | $272.0M | $8.9B | ||
| Q2 24 | $195.0M | $6.2B |
总债务ADCMCSA
| Q1 26 | — | $5.4B | ||
| Q4 25 | $670.3M | $93.0B | ||
| Q3 25 | $671.9M | $93.2B | ||
| Q2 25 | — | $95.8B | ||
| Q1 25 | — | $92.3B | ||
| Q4 24 | $2.8B | $94.2B | ||
| Q3 24 | $2.9B | $98.8B | ||
| Q2 24 | $2.9B | $97.1B |
股东权益ADCMCSA
| Q1 26 | — | $88.3B | ||
| Q4 25 | $2.6B | $96.9B | ||
| Q3 25 | $2.5B | $97.1B | ||
| Q2 25 | — | $96.9B | ||
| Q1 25 | — | $86.6B | ||
| Q4 24 | $4.6B | $85.6B | ||
| Q3 24 | $4.6B | $85.8B | ||
| Q2 24 | $4.7B | $83.2B |
总资产ADCMCSA
| Q1 26 | — | $260.0B | ||
| Q4 25 | $4.7B | $272.6B | ||
| Q3 25 | $4.9B | $273.0B | ||
| Q2 25 | — | $273.9B | ||
| Q1 25 | — | $267.8B | ||
| Q4 24 | $10.4B | $266.2B | ||
| Q3 24 | $10.5B | $269.9B | ||
| Q2 24 | $10.6B | $262.6B |
负债/权益比ADCMCSA
| Q1 26 | — | 0.06× | ||
| Q4 25 | 0.26× | 0.96× | ||
| Q3 25 | 0.27× | 0.96× | ||
| Q2 25 | — | 0.99× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | 0.62× | 1.10× | ||
| Q3 24 | 0.63× | 1.15× | ||
| Q2 24 | 0.62× | 1.17× |
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 | $6.9B |
| 自由现金流经营现金流 - 资本支出 | $-210.7M | $3.9B |
| 自由现金流率自由现金流/营收 | 12.5% | 12.4% |
| 资本支出强度资本支出/营收 | -0.5% | 7.5% |
| 现金转化率经营现金流/净利润 | -5.29× | 3.17× |
| 过去12个月自由现金流最近4个季度 | $-321.2M | $19.8B |
8季度趋势，按日历期对齐
经营现金流ADCMCSA
| Q1 26 | — | $6.9B | ||
| Q4 25 | $-202.1M | $8.8B | ||
| Q3 25 | $-82.1M | $8.7B | ||
| Q2 25 | — | $7.8B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | $122.0M | $8.1B | ||
| Q3 24 | $245.0M | $7.0B | ||
| Q2 24 | $313.0M | $4.7B |
自由现金流ADCMCSA
| Q1 26 | — | $3.9B | ||
| Q4 25 | $-210.7M | $5.1B | ||
| Q3 25 | $-210.5M | $5.6B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | $-16.0M | $4.2B | ||
| Q3 24 | $116.0M | $4.1B | ||
| Q2 24 | $176.0M | $2.0B |
自由现金流率ADCMCSA
| Q1 26 | — | 12.4% | ||
| Q4 25 | 12.5% | 15.8% | ||
| Q3 25 | -446.8% | 18.0% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | -1.7% | 13.1% | ||
| Q3 24 | 12.9% | 12.8% | ||
| Q2 24 | 19.5% | 6.7% |
资本支出强度ADCMCSA
| Q1 26 | — | 7.5% | ||
| Q4 25 | -0.5% | 11.6% | ||
| Q3 25 | 272.5% | 9.8% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | 14.6% | 12.3% | ||
| Q3 24 | 14.4% | 9.1% | ||
| Q2 24 | 15.2% | 9.2% |
现金转化率ADCMCSA
| Q1 26 | — | 3.17× | ||
| Q4 25 | -5.29× | 4.08× | ||
| Q3 25 | — | 2.61× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 2.46× | ||
| Q4 24 | 24.40× | 1.69× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | 18.41× | 1.20× |
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
AD
暂无分部数据
CMCSA
| Connectivity & Platforms | $20.0B | 63% |
| Content & Experiences | $11.9B | 38% |
