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AIRGAIN INC（AIRG）与COMTECH TELECOMMUNICATIONS CORP（CMTL）财务数据对比。点击上方公司名可切换其他公司
COMTECH TELECOMMUNICATIONS CORP的季度营收约是AIRGAIN INC的9.2倍（$111.0M vs $12.1M）。COMTECH TELECOMMUNICATIONS CORP净利率更高（-14.3% vs -20.1%，领先5.8%）。COMTECH TELECOMMUNICATIONS CORP同比增速更快（-4.1% vs -19.6%）。COMTECH TELECOMMUNICATIONS CORP自由现金流更多（$4.8M vs $93.0K）。过去两年AIRGAIN INC的营收复合增速更高（-7.7% vs -9.0%）
Airgain Inc是一家专业无线连接解决方案提供商，主要生产高性能天线、嵌入式无线模块及定制化连接系统，服务覆盖物联网、汽车电子、智能家居、企业网络及电信等核心领域，为各类联网设备提供稳定高速的无线连接支持。
Comtech Telecommunications是一家总部位于美国的全球通信技术提供商，主营卫星通信系统、地面网络基础设施及定位服务，客户覆盖政府、国防、移动运营商和企业领域，为各类关键应用场景提供安全可靠的连接解决方案。
AIRG vs CMTL — 直观对比
营收规模更大
CMTL
是对方的9.2倍
$12.1M
营收增速更快
CMTL
高出15.5%
-19.6%
净利率更高
CMTL
高出5.8%
-20.1%
自由现金流更多
CMTL
多$4.7M
$93.0K
两年增速更快
AIRG
近两年复合增速
-9.0%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $12.1M | $111.0M |
| 净利润 | $-2.4M | $-15.9M |
| 毛利率 | 44.8% | 33.1% |
| 营业利润率 | -20.0% | -2.5% |
| 净利率 | -20.1% | -14.3% |
| 营收同比 | -19.6% | -4.1% |
| 净利润同比 | -24.4% | 89.3% |
| 每股收益（稀释后） | $-0.21 | $-0.67 |
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AIRGCMTL
| Q4 25 | $12.1M | $111.0M | ||
| Q3 25 | $14.0M | $130.4M | ||
| Q2 25 | $13.6M | $126.8M | ||
| Q1 25 | $12.0M | $126.6M | ||
| Q4 24 | $15.1M | $115.8M | ||
| Q3 24 | $16.1M | $126.2M | ||
| Q2 24 | $15.2M | $128.1M | ||
| Q1 24 | $14.2M | $134.2M |
净利润AIRGCMTL
| Q4 25 | $-2.4M | $-15.9M | ||
| Q3 25 | $-964.0K | $7.9M | ||
| Q2 25 | $-1.5M | $33.9M | ||
| Q1 25 | $-1.5M | $-48.7M | ||
| Q4 24 | $-2.0M | $-148.4M | ||
| Q3 24 | $-1.8M | $-90.8M | ||
| Q2 24 | $-2.5M | $2.8M | ||
| Q1 24 | $-2.5M | $-10.6M |
毛利率AIRGCMTL
| Q4 25 | 44.8% | 33.1% | ||
| Q3 25 | 43.6% | 31.2% | ||
| Q2 25 | 42.9% | 30.7% | ||
| Q1 25 | 43.0% | 26.7% | ||
| Q4 24 | 42.2% | 12.5% | ||
| Q3 24 | 41.7% | 21.5% | ||
| Q2 24 | 40.5% | 30.4% | ||
| Q1 24 | 39.2% | 32.2% |
营业利润率AIRGCMTL
| Q4 25 | -20.0% | -2.5% | ||
| Q3 25 | -6.9% | 1.4% | ||
| Q2 25 | -14.7% | -1.2% | ||
| Q1 25 | -25.8% | -8.1% | ||
| Q4 24 | -13.1% | -111.5% | ||
| Q3 24 | -11.3% | -64.6% | ||
| Q2 24 | -16.5% | -2.7% | ||
| Q1 24 | -18.5% | 2.2% |
净利率AIRGCMTL
| Q4 25 | -20.1% | -14.3% | ||
| Q3 25 | -6.9% | 6.1% | ||
| Q2 25 | -10.8% | 26.8% | ||
| Q1 25 | -12.9% | -38.5% | ||
| Q4 24 | -13.0% | -128.2% | ||
| Q3 24 | -10.9% | -71.9% | ||
| Q2 24 | -16.6% | 2.2% | ||
| Q1 24 | -17.3% | -7.9% |
每股收益（稀释后）AIRGCMTL
| Q4 25 | $-0.21 | $-0.67 | ||
| Q3 25 | $-0.08 | $-0.41 | ||
| Q2 25 | $-0.12 | $-0.49 | ||
| Q1 25 | $-0.13 | $-0.76 | ||
| Q4 24 | $-0.17 | $-5.29 | ||
| Q3 24 | $-0.16 | $-3.48 | ||
| Q2 24 | $-0.23 | $-0.04 | ||
| Q1 24 | $-0.23 | $-1.07 |
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 | $7.4M | $43.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $28.3M | $85.6M |
| 总资产 | $45.3M | $734.1M |
| 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AIRGCMTL
| Q4 25 | $7.4M | $43.6M | ||
| Q3 25 | $7.1M | $40.0M | ||
| Q2 25 | $7.7M | $28.4M | ||
| Q1 25 | $7.4M | $26.7M | ||
| Q4 24 | $8.5M | $29.6M | ||
| Q3 24 | $7.3M | $32.4M | ||
| Q2 24 | $8.4M | $27.2M | ||
| Q1 24 | $7.2M | $40.0M |
股东权益AIRGCMTL
| Q4 25 | $28.3M | $85.6M | ||
| Q3 25 | $29.7M | $104.4M | ||
| Q2 25 | $29.8M | $115.4M | ||
| Q1 25 | $30.3M | $128.7M | ||
| Q4 24 | $31.0M | $150.4M | ||
| Q3 24 | $30.8M | $306.3M | ||
| Q2 24 | $31.6M | $406.4M | ||
| Q1 24 | $30.5M | $407.0M |
总资产AIRGCMTL
| Q4 25 | $45.3M | $734.1M | ||
| Q3 25 | $45.5M | $740.8M | ||
| Q2 25 | $45.5M | $751.1M | ||
| Q1 25 | $46.1M | $770.6M | ||
| Q4 24 | $48.4M | $793.2M | ||
| Q3 24 | $43.3M | $793.2M | ||
| Q2 24 | $42.4M | $991.0M | ||
| Q1 24 | $42.8M | $996.8M |
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 | $194.0K | $8.1M |
| 自由现金流经营现金流 - 资本支出 | $93.0K | $4.8M |
| 自由现金流率自由现金流/营收 | 0.8% | 4.3% |
| 资本支出强度资本支出/营收 | 0.8% | 2.9% |
| 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 | $-1.3M | $12.2M |
8季度趋势，按日历期对齐
经营现金流AIRGCMTL
| Q4 25 | $194.0K | $8.1M | ||
| Q3 25 | $-411.0K | $11.4M | ||
| Q2 25 | $129.0K | $2.3M | ||
| Q1 25 | $-1.0M | $-234.0K | ||
| Q4 24 | $-26.0K | $-21.8M | ||
| Q3 24 | $-1.2M | $-9.5M | ||
| Q2 24 | $-1.2M | $-3.8M | ||
| Q1 24 | $-1.1M | $-26.7M |
自由现金流AIRGCMTL
| Q4 25 | $93.0K | $4.8M | ||
| Q3 25 | $-418.0K | $9.4M | ||
| Q2 25 | $113.0K | $-160.0K | ||
| Q1 25 | $-1.1M | $-1.9M | ||
| Q4 24 | $-27.0K | $-24.2M | ||
| Q3 24 | $-1.2M | $-12.4M | ||
| Q2 24 | $-1.3M | $-6.5M | ||
| Q1 24 | $-1.2M | $-30.9M |
自由现金流率AIRGCMTL
| Q4 25 | 0.8% | 4.3% | ||
| Q3 25 | -3.0% | 7.2% | ||
| Q2 25 | 0.8% | -0.1% | ||
| Q1 25 | -8.9% | -1.5% | ||
| Q4 24 | -0.2% | -20.9% | ||
| Q3 24 | -7.5% | -9.8% | ||
| Q2 24 | -8.5% | -5.0% | ||
| Q1 24 | -8.3% | -23.0% |
资本支出强度AIRGCMTL
| Q4 25 | 0.8% | 2.9% | ||
| Q3 25 | 0.0% | 1.6% | ||
| Q2 25 | 0.1% | 1.9% | ||
| Q1 25 | 0.3% | 1.3% | ||
| Q4 24 | 0.0% | 2.1% | ||
| Q3 24 | 0.2% | 2.3% | ||
| Q2 24 | 0.6% | 2.1% | ||
| Q1 24 | 0.4% | 3.2% |
现金转化率AIRGCMTL
| Q4 25 | — | — | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -1.36× | ||
| Q1 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
AIRG
暂无分部数据
CMTL
| Satellite And Space Communications Segment | $55.1M | 50% |
| Transferred At Point In Time | $39.4M | 36% |
| Satellite And Space Communications | $16.3M | 15% |
| Terrestrial And Wireless Networks | $1.1M | 1% |
