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阿特拉斯·科普柯（AESI）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
阿特拉斯·科普柯的季度营收约是Ribbon Communications Inc.的1.5倍（$249.4M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs -8.9%，领先63.7%），阿特拉斯·科普柯同比增速更快（-8.1% vs -10.3%），过去两年阿特拉斯·科普柯的营收复合增速更高（13.8% vs -8.1%）
阿特拉斯·科普柯集团是瑞典跨国工业企业，生产压缩机、真空设备、泵、发电机、装配工具、质量检测设备等工业应用及移动发电领域的产品与系统，业务覆盖全球约180个国家。
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。
AESI vs RBBN — 直观对比
营收规模更大
AESI
是对方的1.5倍
$162.6M
营收增速更快
AESI
高出2.2%
-10.3%
净利率更高
RBBN
高出63.7%
-8.9%
两年增速更快
AESI
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $249.4M | $162.6M |
| 净利润 | $-22.2M | $89.1M |
| 毛利率 | 8.1% | 42.9% |
| 营业利润率 | -6.0% | 37.6% |
| 净利率 | -8.9% | 54.8% |
| 营收同比 | -8.1% | -10.3% |
| 净利润同比 | -254.5% | — |
| 每股收益（稀释后） | $-0.19 | $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AESIRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $249.4M | $227.3M | ||
| Q3 25 | $259.6M | $215.4M | ||
| Q2 25 | $288.7M | $220.6M | ||
| Q1 25 | $297.6M | $181.3M | ||
| Q4 24 | $271.3M | $251.4M | ||
| Q3 24 | $304.4M | $210.2M | ||
| Q2 24 | $287.5M | $192.6M |
净利润AESIRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-22.2M | — | ||
| Q3 25 | $-23.7M | $-12.1M | ||
| Q2 25 | $-5.6M | $-11.1M | ||
| Q1 25 | $1.2M | $-26.2M | ||
| Q4 24 | $14.4M | — | ||
| Q3 24 | $3.9M | $-13.4M | ||
| Q2 24 | $14.8M | $-16.8M |
毛利率AESIRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 8.1% | 53.3% | ||
| Q3 25 | 9.2% | 50.1% | ||
| Q2 25 | 18.1% | 49.6% | ||
| Q1 25 | 18.3% | 45.4% | ||
| Q4 24 | 18.4% | 55.7% | ||
| Q3 24 | 17.4% | 52.1% | ||
| Q2 24 | 21.0% | 50.8% |
营业利润率AESIRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | -6.0% | 4.1% | ||
| Q3 25 | -7.1% | 1.3% | ||
| Q2 25 | 2.5% | 1.9% | ||
| Q1 25 | 5.2% | -10.8% | ||
| Q4 24 | 11.3% | 13.2% | ||
| Q3 24 | 5.0% | -0.4% | ||
| Q2 24 | 9.8% | -1.0% |
净利率AESIRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -8.9% | — | ||
| Q3 25 | -9.1% | -5.6% | ||
| Q2 25 | -1.9% | -5.0% | ||
| Q1 25 | 0.4% | -14.5% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 1.3% | -6.4% | ||
| Q2 24 | 5.2% | -8.7% |
每股收益（稀释后）AESIRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.19 | $0.50 | ||
| Q3 25 | $-0.19 | $-0.07 | ||
| Q2 25 | $-0.04 | $-0.06 | ||
| Q1 25 | $0.01 | $-0.15 | ||
| Q4 24 | $0.12 | $0.05 | ||
| Q3 24 | $0.04 | $-0.08 | ||
| Q2 24 | $0.13 | $-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 | $604.2M | — |
| 股东权益账面价值 | $1.2B | $419.1M |
| 总资产 | $2.2B | — |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资AESIRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | — | $96.4M | ||
| Q3 25 | — | $74.8M | ||
| Q2 25 | — | $60.5M | ||
| Q1 25 | — | $71.2M | ||
| Q4 24 | — | $87.8M | ||
| Q3 24 | — | $37.2M | ||
| Q2 24 | — | $64.6M |
总债务AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $604.2M | $342.1M | ||
| Q3 25 | $529.1M | $344.3M | ||
| Q2 25 | $533.8M | $346.5M | ||
| Q1 25 | $538.5M | $347.4M | ||
| Q4 24 | $0 | $348.3M | ||
| Q3 24 | $180.0M | $349.1M | ||
| Q2 24 | $180.0M | $350.0M |
股东权益AESIRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.2B | $449.0M | ||
| Q3 25 | $1.2B | $360.1M | ||
| Q2 25 | $1.3B | $370.4M | ||
| Q1 25 | $1.3B | $381.8M | ||
| Q4 24 | $1.0B | $404.6M | ||
| Q3 24 | $1.0B | $395.5M | ||
| Q2 24 | $1.1B | $405.0M |
总资产AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.2B | $1.1B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.3B | $1.1B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $2.0B | $1.1B |
负债/权益比AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.50× | 0.76× | ||
| Q3 25 | 0.43× | 0.96× | ||
| Q2 25 | 0.42× | 0.94× | ||
| Q1 25 | 0.41× | 0.91× | ||
| Q4 24 | 0.00× | 0.86× | ||
| Q3 24 | 0.17× | 0.88× | ||
| Q2 24 | 0.17× | 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 | $3.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-18.1M | — |
| 自由现金流率自由现金流/营收 | -7.3% | — |
| 资本支出强度资本支出/营收 | 8.7% | — |
| 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 | $-30.9M | — |
8季度趋势，按日历期对齐
经营现金流AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $3.7M | $29.2M | ||
| Q3 25 | $32.4M | $26.5M | ||
| Q2 25 | $88.6M | $-795.0K | ||
| Q1 25 | $-7.5M | $-3.5M | ||
| Q4 24 | $70.9M | $61.8M | ||
| Q3 24 | $85.2M | $-14.8M | ||
| Q2 24 | $60.9M | $-9.8M |
自由现金流AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-18.1M | $27.3M | ||
| Q3 25 | $-1.4M | $21.0M | ||
| Q2 25 | $48.4M | $-6.5M | ||
| Q1 25 | $-59.8M | $-15.7M | ||
| Q4 24 | $-5.6M | $53.8M | ||
| Q3 24 | $-1.1M | $-23.7M | ||
| Q2 24 | $-54.9M | $-12.9M |
自由现金流率AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | -7.3% | 12.0% | ||
| Q3 25 | -0.5% | 9.7% | ||
| Q2 25 | 16.8% | -2.9% | ||
| Q1 25 | -20.1% | -8.7% | ||
| Q4 24 | -2.1% | 21.4% | ||
| Q3 24 | -0.4% | -11.3% | ||
| Q2 24 | -19.1% | -6.7% |
资本支出强度AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 0.9% | ||
| Q3 25 | 13.0% | 2.6% | ||
| Q2 25 | 13.9% | 2.6% | ||
| Q1 25 | 17.6% | 6.7% | ||
| Q4 24 | 28.2% | 3.2% | ||
| Q3 24 | 28.3% | 4.2% | ||
| Q2 24 | 40.3% | 1.6% |
现金转化率AESIRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -6.11× | — | ||
| Q4 24 | 4.92× | — | ||
| Q3 24 | 21.74× | — | ||
| Q2 24 | 4.10× | — |
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
AESI
| Services | $126.2M | 51% |
| Products | $105.2M | 42% |
| Moser Acquisition | $18.1M | 7% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
