vs
ADTRAN Holdings, Inc.（ADTN）与CLEARONE INC（CLRO）财务数据对比。点击上方公司名可切换其他公司
CLEARONE INC净利率更高（116.9% vs -1.2%，领先118.1%）。CLEARONE INC同比增速更快（28.6% vs 20.1%）。过去两年CLEARONE INC的营收复合增速更高（NaN% vs NaN%）
ADTRAN Holdings, Inc.是一家总部位于美国阿拉巴马州亨茨维尔的光纤网络与电信企业，主要面向通信服务商、政府机构、企业及公共事业单位，供应面向住宅用户与企业级的网络硬件设备，同时提供用于网络管理与部署的管理软件。
ClearOne Inc是全球音视频通信解决方案供应商，主打专业会议系统、协作工具及音视频分配产品，服务企业、教育、医疗、活动制作等核心领域，为远程及线下协作提供高性能支持。
ADTN vs CLRO — 直观对比
营收规模更大
ADTN
是对方的-68.9倍
$-4.2M
营收增速更快
CLRO
高出8.6%
20.1%
净利率更高
CLRO
高出118.1%
-1.2%
两年增速更快
CLRO
近两年复合增速
13.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $291.6M | $-4.2M |
| 净利润 | $-3.6M | $-4.9M |
| 毛利率 | 39.0% | — |
| 营业利润率 | 1.5% | — |
| 净利率 | -1.2% | 116.9% |
| 营收同比 | 20.1% | 28.6% |
| 净利润同比 | 92.2% | -124.3% |
| 每股收益（稀释后） | $-0.02 | $-4.10 |
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ADTNCLRO
| Q4 25 | $291.6M | $-4.2M | ||
| Q3 25 | $279.4M | $0 | ||
| Q2 25 | $265.1M | $1.9M | ||
| Q1 25 | $247.7M | $2.3M | ||
| Q4 24 | $242.9M | $-5.9M | ||
| Q3 24 | $227.7M | $0 | ||
| Q2 24 | $226.0M | $2.3M | ||
| Q1 24 | $226.2M | $3.6M |
净利润ADTNCLRO
| Q4 25 | $-3.6M | $-4.9M | ||
| Q3 25 | $-10.3M | $-13.7M | ||
| Q2 25 | $-20.5M | $-4.6M | ||
| Q1 25 | $-11.3M | $-2.8M | ||
| Q4 24 | $-46.1M | $-2.2M | ||
| Q3 24 | $-33.3M | $-2.1M | ||
| Q2 24 | $-49.7M | $-2.8M | ||
| Q1 24 | $-330.8M | $-1.9M |
毛利率ADTNCLRO
| Q4 25 | 39.0% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 37.3% | -12.1% | ||
| Q1 25 | 38.4% | 5.2% | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 36.5% | — | ||
| Q2 24 | 36.0% | -0.9% | ||
| Q1 24 | 31.1% | 31.8% |
营业利润率ADTNCLRO
| Q4 25 | 1.5% | — | ||
| Q3 25 | -1.0% | — | ||
| Q2 25 | -5.0% | -237.9% | ||
| Q1 25 | -1.6% | -123.0% | ||
| Q4 24 | -6.9% | — | ||
| Q3 24 | -11.5% | — | ||
| Q2 24 | -17.0% | -126.9% | ||
| Q1 24 | -153.1% | -57.4% |
净利率ADTNCLRO
| Q4 25 | -1.2% | 116.9% | ||
| Q3 25 | -3.7% | — | ||
| Q2 25 | -7.7% | -238.6% | ||
| Q1 25 | -4.5% | -122.5% | ||
| Q4 24 | -19.0% | 37.2% | ||
| Q3 24 | -14.6% | — | ||
| Q2 24 | -22.0% | -122.4% | ||
| Q1 24 | -146.2% | -52.4% |
每股收益（稀释后）ADTNCLRO
| Q4 25 | $-0.02 | $-4.10 | ||
| Q3 25 | $-0.12 | $-7.92 | ||
| Q2 25 | $-0.24 | $-2.64 | ||
| Q1 25 | $-0.14 | $-0.11 | ||
| Q4 24 | $-0.58 | $-2.48 | ||
| Q3 24 | $-0.38 | $-1.29 | ||
| Q2 24 | $-0.63 | $-1.76 | ||
| Q1 24 | $-4.20 | $-0.08 |
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 | $95.7M | $220.0K |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $145.8M | $-714.0K |
| 总资产 | $1.2B | $2.3M |
| 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ADTNCLRO
| Q4 25 | $95.7M | $220.0K | ||
| Q3 25 | $93.7M | $101.0K | ||
| Q2 25 | $106.3M | $1.1M | ||
| Q1 25 | $101.3M | $961.0K | ||
| Q4 24 | $76.0M | $1.4M | ||
| Q3 24 | $88.5M | $2.8M | ||
| Q2 24 | $111.2M | $4.3M | ||
| Q1 24 | $106.8M | $21.4M |
股东权益ADTNCLRO
| Q4 25 | $145.8M | $-714.0K | ||
| Q3 25 | $141.6M | $3.5M | ||
| Q2 25 | $169.6M | $14.9M | ||
| Q1 25 | $138.9M | $19.5M | ||
| Q4 24 | $127.0M | $21.3M | ||
| Q3 24 | $205.6M | $23.5M | ||
| Q2 24 | $213.6M | $25.6M | ||
| Q1 24 | $260.8M | $28.3M |
总资产ADTNCLRO
| Q4 25 | $1.2B | $2.3M | ||
| Q3 25 | $1.2B | $9.5M | ||
| Q2 25 | $1.2B | $24.0M | ||
| Q1 25 | $1.2B | $24.7M | ||
| Q4 24 | $1.2B | $26.5M | ||
| Q3 24 | $1.3B | $28.4M | ||
| Q2 24 | $1.3B | $30.8M | ||
| Q1 24 | $1.3B | $48.2M |
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 | $42.2M | — |
| 自由现金流经营现金流 - 资本支出 | $30.6M | — |
| 自由现金流率自由现金流/营收 | 10.5% | — |
| 资本支出强度资本支出/营收 | 4.0% | — |
| 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 | $98.0M | — |
8季度趋势，按日历期对齐
经营现金流ADTNCLRO
| Q4 25 | $42.2M | — | ||
| Q3 25 | $12.2M | — | ||
| Q2 25 | $32.2M | $-1.1M | ||
| Q1 25 | $43.2M | $-1.4M | ||
| Q4 24 | $2.4M | $-1.5M | ||
| Q3 24 | $43.3M | $-1.9M | ||
| Q2 24 | $19.9M | $-3.2M | ||
| Q1 24 | $37.9M | $433.0K |
自由现金流ADTNCLRO
| Q4 25 | $30.6M | — | ||
| Q3 25 | $4.2M | — | ||
| Q2 25 | $27.5M | — | ||
| Q1 25 | $35.8M | $-1.5M | ||
| Q4 24 | $-895.0K | $-1.6M | ||
| Q3 24 | $37.1M | $-1.9M | ||
| Q2 24 | $8.4M | $-3.2M | ||
| Q1 24 | $24.4M | $364.0K |
自由现金流率ADTNCLRO
| Q4 25 | 10.5% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | 14.4% | -62.9% | ||
| Q4 24 | -0.4% | 26.7% | ||
| Q3 24 | 16.3% | — | ||
| Q2 24 | 3.7% | -139.8% | ||
| Q1 24 | 10.8% | 10.0% |
资本支出强度ADTNCLRO
| Q4 25 | 4.0% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 1.8% | 0.0% | ||
| Q1 25 | 3.0% | 0.7% | ||
| Q4 24 | 1.4% | -0.7% | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 5.1% | 2.9% | ||
| Q1 24 | 6.0% | 1.9% |
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
ADTN
| Subscriber Solutions | $96.2M | 33% |
| Optical Networking Solutions | $81.8M | 28% |
| Access Aggregation Solutions | $64.6M | 22% |
| Services And Support | $48.9M | 17% |
CLRO
暂无分部数据
