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爱齐科技（ALGN）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是爱齐科技的1.2倍（$1.3B vs $1.0B），爱齐科技净利率更高（10.8% vs -63.1%，领先73.9%），爱齐科技同比增速更快（6.2% vs -25.8%），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs 0.6%）
爱齐科技是一家全球知名医疗设备企业，主营设计、生产及销售隐适美透明矫治器、iTero口内扫描仪及配套服务，客户覆盖正畸医师、全科牙医，面向修复、美容牙科领域，业务分为透明矫治器、扫描仪及服务两大板块，可满足青少年等不同群体的正畸需求
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
ALGN vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.2倍
$1.0B
营收增速更快
ALGN
高出32.0%
-25.8%
净利率更高
ALGN
高出73.9%
-63.1%
两年增速更快
RIVN
近两年复合增速
0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.3B |
| 净利润 | $112.8M | $-811.0M |
| 毛利率 | 70.8% | 9.3% |
| 营业利润率 | 13.6% | -64.8% |
| 净利率 | 10.8% | -63.1% |
| 营收同比 | 6.2% | -25.8% |
| 净利润同比 | 21.0% | -9.0% |
| 每股收益（稀释后） | $1.57 | $-0.66 |
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ALGNRIVN
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $995.7M | $1.6B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $979.3M | $1.2B | ||
| Q4 24 | $995.2M | $1.7B | ||
| Q3 24 | $977.9M | $874.0M | ||
| Q2 24 | $1.0B | $1.2B |
净利润ALGNRIVN
| Q1 26 | $112.8M | — | ||
| Q4 25 | $135.8M | $-811.0M | ||
| Q3 25 | $56.8M | $-1.2B | ||
| Q2 25 | $124.6M | $-1.1B | ||
| Q1 25 | $93.2M | $-545.0M | ||
| Q4 24 | $103.8M | $-744.0M | ||
| Q3 24 | $116.0M | $-1.1B | ||
| Q2 24 | $96.6M | $-1.5B |
毛利率ALGNRIVN
| Q1 26 | 70.8% | — | ||
| Q4 25 | 65.3% | 9.3% | ||
| Q3 25 | 64.2% | 1.5% | ||
| Q2 25 | 69.9% | -15.8% | ||
| Q1 25 | 69.5% | 16.6% | ||
| Q4 24 | 70.0% | 9.8% | ||
| Q3 24 | 69.7% | -44.9% | ||
| Q2 24 | 70.3% | -38.9% |
营业利润率ALGNRIVN
| Q1 26 | 13.6% | — | ||
| Q4 25 | 14.8% | -64.8% | ||
| Q3 25 | 9.7% | -63.1% | ||
| Q2 25 | 16.1% | -85.5% | ||
| Q1 25 | 13.4% | -52.8% | ||
| Q4 24 | 14.5% | -38.1% | ||
| Q3 24 | 16.6% | -133.8% | ||
| Q2 24 | 14.3% | -118.7% |
净利率ALGNRIVN
| Q1 26 | 10.8% | — | ||
| Q4 25 | 13.0% | -63.1% | ||
| Q3 25 | 5.7% | -75.3% | ||
| Q2 25 | 12.3% | -85.7% | ||
| Q1 25 | 9.5% | -44.0% | ||
| Q4 24 | 10.4% | -42.9% | ||
| Q3 24 | 11.9% | -125.9% | ||
| Q2 24 | 9.4% | -125.8% |
每股收益（稀释后）ALGNRIVN
| Q1 26 | $1.57 | — | ||
| Q4 25 | $1.88 | $-0.66 | ||
| Q3 25 | $0.78 | $-0.96 | ||
| Q2 25 | $1.72 | $-0.97 | ||
| Q1 25 | $1.27 | $-0.48 | ||
| Q4 24 | $1.40 | $-0.67 | ||
| Q3 24 | $1.55 | $-1.08 | ||
| Q2 24 | $1.28 | $-1.46 |
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 | $1.1B | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.1B | $4.6B |
| 总资产 | $6.3B | $14.9B |
| 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ALGNRIVN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $6.1B | ||
| Q3 25 | $1.0B | $7.1B | ||
| Q2 25 | $901.2M | $7.5B | ||
| Q1 25 | $873.0M | $7.2B | ||
| Q4 24 | $1.0B | $7.7B | ||
| Q3 24 | $1.0B | $6.7B | ||
| Q2 24 | $761.4M | $7.9B |
总债务ALGNRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B |
股东权益ALGNRIVN
| Q1 26 | $4.1B | — | ||
| Q4 25 | $4.0B | $4.6B | ||
| Q3 25 | $4.0B | $5.1B | ||
| Q2 25 | $3.9B | $6.1B | ||
| Q1 25 | $3.8B | $6.2B | ||
| Q4 24 | $3.9B | $6.6B | ||
| Q3 24 | $3.9B | $5.9B | ||
| Q2 24 | $3.8B | $6.8B |
总资产ALGNRIVN
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.2B | $14.9B | ||
| Q3 25 | $6.2B | $15.2B | ||
| Q2 25 | $6.2B | $15.6B | ||
| Q1 25 | $6.1B | $15.5B | ||
| Q4 24 | $6.2B | $15.4B | ||
| Q3 24 | $6.4B | $14.3B | ||
| Q2 24 | $6.2B | $15.4B |
负债/权益比ALGNRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× |
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 | $151.0M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流ALGNRIVN
| Q1 26 | $151.0M | — | ||
| Q4 25 | $223.2M | $-681.0M | ||
| Q3 25 | $188.7M | $26.0M | ||
| Q2 25 | $128.7M | $64.0M | ||
| Q1 25 | $52.7M | $-188.0M | ||
| Q4 24 | $286.1M | $1.2B | ||
| Q3 24 | $263.7M | $-876.0M | ||
| Q2 24 | $159.8M | $-754.0M |
自由现金流ALGNRIVN
| Q1 26 | — | — | ||
| Q4 25 | $187.3M | $-1.1B | ||
| Q3 25 | $169.0M | $-421.0M | ||
| Q2 25 | $107.2M | $-398.0M | ||
| Q1 25 | $27.4M | $-526.0M | ||
| Q4 24 | $263.1M | $856.0M | ||
| Q3 24 | $233.9M | $-1.2B | ||
| Q2 24 | $106.4M | $-1.0B |
自由现金流率ALGNRIVN
| Q1 26 | — | — | ||
| Q4 25 | 17.9% | -89.0% | ||
| Q3 25 | 17.0% | -27.0% | ||
| Q2 25 | 10.6% | -30.5% | ||
| Q1 25 | 2.8% | -42.4% | ||
| Q4 24 | 26.4% | 49.4% | ||
| Q3 24 | 23.9% | -131.9% | ||
| Q2 24 | 10.3% | -89.6% |
资本支出强度ALGNRIVN
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 36.0% | ||
| Q3 25 | 2.0% | 28.7% | ||
| Q2 25 | 2.1% | 35.5% | ||
| Q1 25 | 2.6% | 27.3% | ||
| Q4 24 | 2.3% | 18.9% | ||
| Q3 24 | 3.0% | 31.7% | ||
| Q2 24 | 5.2% | 24.4% |
现金转化率ALGNRIVN
| Q1 26 | 1.34× | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | 3.33× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 2.76× | — | ||
| Q3 24 | 2.27× | — | ||
| Q2 24 | 1.66× | — |
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
ALGN
| Clear Aligner | $856.0M | 82% |
| CAM Services | $184.1M | 18% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
