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爱齐科技（ALGN）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是爱齐科技的1.3倍（$1.4B vs $1.0B），爱齐科技净利率更高（10.8% vs 5.8%，领先5.1%），ROKU, INC同比增速更快（16.1% vs 6.2%），过去两年ROKU, INC的营收复合增速更高（25.8% 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
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
ALGN vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.3倍
$1.0B
营收增速更快
ROKU
高出9.9%
6.2%
净利率更高
ALGN
高出5.1%
5.8%
两年增速更快
ROKU
近两年复合增速
0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.4B |
| 净利润 | $112.8M | $80.5M |
| 毛利率 | 70.8% | 43.5% |
| 营业利润率 | 13.6% | 4.7% |
| 净利率 | 10.8% | 5.8% |
| 营收同比 | 6.2% | 16.1% |
| 净利润同比 | 21.0% | 326.4% |
| 每股收益（稀释后） | $1.57 | $0.55 |
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ALGNROKU
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $995.7M | $1.2B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $979.3M | $1.0B | ||
| Q4 24 | $995.2M | $1.2B | ||
| Q3 24 | $977.9M | $1.1B | ||
| Q2 24 | $1.0B | $968.2M |
净利润ALGNROKU
| Q1 26 | $112.8M | — | ||
| Q4 25 | $135.8M | $80.5M | ||
| Q3 25 | $56.8M | $24.8M | ||
| Q2 25 | $124.6M | $10.5M | ||
| Q1 25 | $93.2M | $-27.4M | ||
| Q4 24 | $103.8M | $-35.5M | ||
| Q3 24 | $116.0M | $-9.0M | ||
| Q2 24 | $96.6M | $-34.0M |
毛利率ALGNROKU
| Q1 26 | 70.8% | — | ||
| Q4 25 | 65.3% | 43.5% | ||
| Q3 25 | 64.2% | 43.4% | ||
| Q2 25 | 69.9% | 44.8% | ||
| Q1 25 | 69.5% | 43.6% | ||
| Q4 24 | 70.0% | 42.7% | ||
| Q3 24 | 69.7% | 45.2% | ||
| Q2 24 | 70.3% | 43.9% |
营业利润率ALGNROKU
| Q1 26 | 13.6% | — | ||
| Q4 25 | 14.8% | 4.7% | ||
| Q3 25 | 9.7% | 0.8% | ||
| Q2 25 | 16.1% | -2.1% | ||
| Q1 25 | 13.4% | -5.7% | ||
| Q4 24 | 14.5% | -3.3% | ||
| Q3 24 | 16.6% | -3.4% | ||
| Q2 24 | 14.3% | -7.4% |
净利率ALGNROKU
| Q1 26 | 10.8% | — | ||
| Q4 25 | 13.0% | 5.8% | ||
| Q3 25 | 5.7% | 2.0% | ||
| Q2 25 | 12.3% | 0.9% | ||
| Q1 25 | 9.5% | -2.7% | ||
| Q4 24 | 10.4% | -3.0% | ||
| Q3 24 | 11.9% | -0.9% | ||
| Q2 24 | 9.4% | -3.5% |
每股收益（稀释后）ALGNROKU
| Q1 26 | $1.57 | — | ||
| Q4 25 | $1.88 | $0.55 | ||
| Q3 25 | $0.78 | $0.16 | ||
| Q2 25 | $1.72 | $0.07 | ||
| Q1 25 | $1.27 | $-0.19 | ||
| Q4 24 | $1.40 | $-0.24 | ||
| Q3 24 | $1.55 | $-0.06 | ||
| Q2 24 | $1.28 | $-0.24 |
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 | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.1B | $2.7B |
| 总资产 | $6.3B | $4.4B |
| 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ALGNROKU
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.0B | $2.3B | ||
| Q2 25 | $901.2M | $2.3B | ||
| Q1 25 | $873.0M | $2.3B | ||
| Q4 24 | $1.0B | $2.2B | ||
| Q3 24 | $1.0B | $2.1B | ||
| Q2 24 | $761.4M | $2.1B |
股东权益ALGNROKU
| Q1 26 | $4.1B | — | ||
| Q4 25 | $4.0B | $2.7B | ||
| Q3 25 | $4.0B | $2.6B | ||
| Q2 25 | $3.9B | $2.6B | ||
| Q1 25 | $3.8B | $2.5B | ||
| Q4 24 | $3.9B | $2.5B | ||
| Q3 24 | $3.9B | $2.5B | ||
| Q2 24 | $3.8B | $2.4B |
总资产ALGNROKU
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.2B | $4.4B | ||
| Q3 25 | $6.2B | $4.4B | ||
| Q2 25 | $6.2B | $4.3B | ||
| Q1 25 | $6.1B | $4.2B | ||
| Q4 24 | $6.2B | $4.3B | ||
| Q3 24 | $6.4B | $4.3B | ||
| Q2 24 | $6.2B | $4.1B |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | — | $106.6M |
| 自由现金流率自由现金流/营收 | — | 7.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 1.34× | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | $478.4M |
8季度趋势，按日历期对齐
经营现金流ALGNROKU
| Q1 26 | $151.0M | — | ||
| Q4 25 | $223.2M | $107.7M | ||
| Q3 25 | $188.7M | $127.6M | ||
| Q2 25 | $128.7M | $109.7M | ||
| Q1 25 | $52.7M | $138.7M | ||
| Q4 24 | $286.1M | $79.3M | ||
| Q3 24 | $263.7M | $68.7M | ||
| Q2 24 | $159.8M | $23.4M |
自由现金流ALGNROKU
| Q1 26 | — | — | ||
| Q4 25 | $187.3M | $106.6M | ||
| Q3 25 | $169.0M | $126.5M | ||
| Q2 25 | $107.2M | $108.6M | ||
| Q1 25 | $27.4M | $136.8M | ||
| Q4 24 | $263.1M | $76.8M | ||
| Q3 24 | $233.9M | $67.6M | ||
| Q2 24 | $106.4M | $22.5M |
自由现金流率ALGNROKU
| Q1 26 | — | — | ||
| Q4 25 | 17.9% | 7.6% | ||
| Q3 25 | 17.0% | 10.4% | ||
| Q2 25 | 10.6% | 9.8% | ||
| Q1 25 | 2.8% | 13.4% | ||
| Q4 24 | 26.4% | 6.4% | ||
| Q3 24 | 23.9% | 6.4% | ||
| Q2 24 | 10.3% | 2.3% |
资本支出强度ALGNROKU
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 0.1% | ||
| Q3 25 | 2.0% | 0.1% | ||
| Q2 25 | 2.1% | 0.1% | ||
| Q1 25 | 2.6% | 0.2% | ||
| Q4 24 | 2.3% | 0.2% | ||
| Q3 24 | 3.0% | 0.1% | ||
| Q2 24 | 5.2% | 0.1% |
现金转化率ALGNROKU
| Q1 26 | 1.34× | — | ||
| Q4 25 | 1.64× | 1.34× | ||
| Q3 25 | 3.33× | 5.14× | ||
| Q2 25 | 1.03× | 10.45× | ||
| 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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
