vs
AIRGAIN INC（AIRG）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是AIRGAIN INC的67.2倍（$814.9M vs $12.1M）。Ubiquiti Inc.净利率更高（28.7% vs -20.1%，领先48.8%）。Ubiquiti Inc.同比增速更快（35.8% vs -19.6%）。Ubiquiti Inc.自由现金流更多（$260.3M vs $93.0K）。过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs -7.7%）
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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
AIRG vs UI — 直观对比
营收规模更大
UI
是对方的67.2倍
$12.1M
营收增速更快
UI
高出55.5%
-19.6%
净利率更高
UI
高出48.8%
-20.1%
自由现金流更多
UI
多$260.2M
$93.0K
两年增速更快
UI
近两年复合增速
-7.7%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $12.1M | $814.9M |
| 净利润 | $-2.4M | $233.6M |
| 毛利率 | 44.8% | 45.9% |
| 营业利润率 | -20.0% | 35.9% |
| 净利率 | -20.1% | 28.7% |
| 营收同比 | -19.6% | 35.8% |
| 净利润同比 | -24.4% | 70.8% |
| 每股收益（稀释后） | $-0.21 | $3.86 |
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AIRGUI
| Q4 25 | $12.1M | $814.9M | ||
| Q3 25 | $14.0M | $733.8M | ||
| Q2 25 | $13.6M | $759.2M | ||
| Q1 25 | $12.0M | $664.2M | ||
| Q4 24 | $15.1M | $599.9M | ||
| Q3 24 | $16.1M | $550.3M | ||
| Q2 24 | $15.2M | $507.5M | ||
| Q1 24 | $14.2M | $493.0M |
净利润AIRGUI
| Q4 25 | $-2.4M | $233.6M | ||
| Q3 25 | $-964.0K | $207.9M | ||
| Q2 25 | $-1.5M | $266.7M | ||
| Q1 25 | $-1.5M | $180.4M | ||
| Q4 24 | $-2.0M | $136.8M | ||
| Q3 24 | $-1.8M | $128.0M | ||
| Q2 24 | $-2.5M | $103.8M | ||
| Q1 24 | $-2.5M | $76.3M |
毛利率AIRGUI
| Q4 25 | 44.8% | 45.9% | ||
| Q3 25 | 43.6% | 46.0% | ||
| Q2 25 | 42.9% | 45.1% | ||
| Q1 25 | 43.0% | 44.5% | ||
| Q4 24 | 42.2% | 41.2% | ||
| Q3 24 | 41.7% | 42.1% | ||
| Q2 24 | 40.5% | 40.2% | ||
| Q1 24 | 39.2% | 35.3% |
营业利润率AIRGUI
| Q4 25 | -20.0% | 35.9% | ||
| Q3 25 | -6.9% | 35.7% | ||
| Q2 25 | -14.7% | 34.4% | ||
| Q1 25 | -25.8% | 34.2% | ||
| Q4 24 | -13.1% | 29.8% | ||
| Q3 24 | -11.3% | 30.7% | ||
| Q2 24 | -16.5% | 27.3% | ||
| Q1 24 | -18.5% | 22.6% |
净利率AIRGUI
| Q4 25 | -20.1% | 28.7% | ||
| Q3 25 | -6.9% | 28.3% | ||
| Q2 25 | -10.8% | 35.1% | ||
| Q1 25 | -12.9% | 27.2% | ||
| Q4 24 | -13.0% | 22.8% | ||
| Q3 24 | -10.9% | 23.3% | ||
| Q2 24 | -16.6% | 20.5% | ||
| Q1 24 | -17.3% | 15.5% |
每股收益（稀释后）AIRGUI
| Q4 25 | $-0.21 | $3.86 | ||
| Q3 25 | $-0.08 | $3.43 | ||
| Q2 25 | $-0.12 | $4.40 | ||
| Q1 25 | $-0.13 | $2.98 | ||
| Q4 24 | $-0.17 | $2.26 | ||
| Q3 24 | $-0.16 | $2.12 | ||
| Q2 24 | $-0.23 | $1.72 | ||
| Q1 24 | $-0.23 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $28.3M | $1.0B |
| 总资产 | $45.3M | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资AIRGUI
| Q4 25 | $7.4M | $302.8M | ||
| Q3 25 | $7.1M | $177.2M | ||
| Q2 25 | $7.7M | $149.7M | ||
| Q1 25 | $7.4M | $151.0M | ||
| Q4 24 | $8.5M | $133.1M | ||
| Q3 24 | $7.3M | $165.2M | ||
| Q2 24 | $8.4M | $126.3M | ||
| Q1 24 | $7.2M | $102.5M |
总债务AIRGUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益AIRGUI
| Q4 25 | $28.3M | $1.0B | ||
| Q3 25 | $29.7M | $828.4M | ||
| Q2 25 | $29.8M | $668.3M | ||
| Q1 25 | $30.3M | $436.1M | ||
| Q4 24 | $31.0M | $290.4M | ||
| Q3 24 | $30.8M | $188.1M | ||
| Q2 24 | $31.6M | $95.1M | ||
| Q1 24 | $30.5M | $25.9M |
总资产AIRGUI
| Q4 25 | $45.3M | $1.6B | ||
| Q3 25 | $45.5M | $1.5B | ||
| Q2 25 | $45.5M | $1.5B | ||
| Q1 25 | $46.1M | $1.3B | ||
| Q4 24 | $48.4M | $1.2B | ||
| Q3 24 | $43.3M | $1.2B | ||
| Q2 24 | $42.4M | $1.2B | ||
| Q1 24 | $42.8M | $1.2B |
负债/权益比AIRGUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $93.0K | $260.3M |
| 自由现金流率自由现金流/营收 | 0.8% | 31.9% |
| 资本支出强度资本支出/营收 | 0.8% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $-1.3M | $699.5M |
8季度趋势，按日历期对齐
经营现金流AIRGUI
| Q4 25 | $194.0K | $263.9M | ||
| Q3 25 | $-411.0K | $198.5M | ||
| Q2 25 | $129.0K | $130.4M | ||
| Q1 25 | $-1.0M | $123.6M | ||
| Q4 24 | $-26.0K | $152.4M | ||
| Q3 24 | $-1.2M | $233.7M | ||
| Q2 24 | $-1.2M | $231.4M | ||
| Q1 24 | $-1.1M | $163.9M |
自由现金流AIRGUI
| Q4 25 | $93.0K | $260.3M | ||
| Q3 25 | $-418.0K | $193.3M | ||
| Q2 25 | $113.0K | $125.2M | ||
| Q1 25 | $-1.1M | $120.7M | ||
| Q4 24 | $-27.0K | $150.4M | ||
| Q3 24 | $-1.2M | $231.1M | ||
| Q2 24 | $-1.3M | $229.5M | ||
| Q1 24 | $-1.2M | $160.6M |
自由现金流率AIRGUI
| Q4 25 | 0.8% | 31.9% | ||
| Q3 25 | -3.0% | 26.3% | ||
| Q2 25 | 0.8% | 16.5% | ||
| Q1 25 | -8.9% | 18.2% | ||
| Q4 24 | -0.2% | 25.1% | ||
| Q3 24 | -7.5% | 42.0% | ||
| Q2 24 | -8.5% | 45.2% | ||
| Q1 24 | -8.3% | 32.6% |
资本支出强度AIRGUI
| Q4 25 | 0.8% | 0.4% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.1% | 0.7% | ||
| Q1 25 | 0.3% | 0.4% | ||
| Q4 24 | 0.0% | 0.3% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.6% | 0.4% | ||
| Q1 24 | 0.4% | 0.7% |
现金转化率AIRGUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
