vs
Array Technologies, Inc.（ARRY）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
Array Technologies, Inc.的季度营收约是FTAI Infrastructure Inc.的1.2倍（$226.0M vs $188.4M），Array Technologies, Inc.净利率更高（-64.5% vs -79.7%，领先15.2%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -17.9%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs -6.0%）
ATI科技是原加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器与芯片组的研发，1985年成立，1993年公开上市，2006年被AMD收购。作为全球知名的无晶圆厂半导体厂商，其掌握自研核心技术，生产组装环节采用外包模式。2000年3dfx破产后，ATI成为全球图形芯片领域的核心厂商之一。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
ARRY vs FIP — 直观对比
营收规模更大
ARRY
是对方的1.2倍
$188.4M
营收增速更快
FIP
高出113.8%
-17.9%
净利率更高
ARRY
高出15.2%
-79.7%
两年增速更快
FIP
近两年复合增速
-6.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $188.4M |
| 净利润 | $-145.7M | $-150.2M |
| 毛利率 | 8.6% | — |
| 营业利润率 | 25.9% | — |
| 净利率 | -64.5% | -79.7% |
| 营收同比 | -17.9% | 95.9% |
| 净利润同比 | -179.0% | -387.6% |
| 每股收益（稀释后） | $-1.06 | $-1.32 |
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ARRYFIP
| Q1 26 | $226.0M | $188.4M | ||
| Q4 25 | $226.0M | $143.5M | ||
| Q3 25 | $393.5M | $140.6M | ||
| Q2 25 | $362.2M | $122.3M | ||
| Q1 25 | $302.4M | $96.2M | ||
| Q4 24 | $275.2M | $80.8M | ||
| Q3 24 | $231.4M | $83.3M | ||
| Q2 24 | $255.8M | $84.9M |
净利润ARRYFIP
| Q1 26 | $-145.7M | $-150.2M | ||
| Q4 25 | — | $-97.7M | ||
| Q3 25 | $33.5M | $-104.5M | ||
| Q2 25 | $43.3M | $-70.0M | ||
| Q1 25 | $16.7M | $120.2M | ||
| Q4 24 | — | $-124.7M | ||
| Q3 24 | $-141.4M | $-43.0M | ||
| Q2 24 | $25.7M | $-48.1M |
毛利率ARRYFIP
| Q1 26 | 8.6% | — | ||
| Q4 25 | 8.6% | — | ||
| Q3 25 | 26.9% | — | ||
| Q2 25 | 26.8% | — | ||
| Q1 25 | 25.3% | — | ||
| Q4 24 | 28.5% | — | ||
| Q3 24 | 33.8% | — | ||
| Q2 24 | 33.6% | — |
营业利润率ARRYFIP
| Q1 26 | 25.9% | — | ||
| Q4 25 | -65.5% | -45.7% | ||
| Q3 25 | 11.6% | -70.8% | ||
| Q2 25 | 12.8% | -56.4% | ||
| Q1 25 | 9.0% | 81.8% | ||
| Q4 24 | -51.7% | -152.7% | ||
| Q3 24 | -57.3% | -51.7% | ||
| Q2 24 | 15.5% | -56.4% |
净利率ARRYFIP
| Q1 26 | -64.5% | -79.7% | ||
| Q4 25 | — | -68.1% | ||
| Q3 25 | 8.5% | -74.4% | ||
| Q2 25 | 11.9% | -57.2% | ||
| Q1 25 | 5.5% | 125.0% | ||
| Q4 24 | — | -154.4% | ||
| Q3 24 | -61.1% | -51.6% | ||
| Q2 24 | 10.0% | -56.7% |
每股收益（稀释后）ARRYFIP
| Q1 26 | $-1.06 | $-1.32 | ||
| Q4 25 | $-1.06 | $-1.04 | ||
| Q3 25 | $0.12 | $-1.38 | ||
| Q2 25 | $0.19 | $-0.73 | ||
| Q1 25 | $0.02 | $0.89 | ||
| Q4 24 | $-0.94 | $-1.21 | ||
| Q3 24 | $-1.02 | $-0.45 | ||
| Q2 24 | $0.08 | $-0.52 |
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 | $244.4M | $37.9M |
| 总债务越低越好 | $669.0M | — |
| 股东权益账面价值 | $-206.3M | $-122.5K |
| 总资产 | $1.5B | $5.7B |
| 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ARRYFIP
| Q1 26 | $244.4M | $37.9M | ||
| Q4 25 | $244.4M | $57.4M | ||
| Q3 25 | $221.5M | $34.7M | ||
| Q2 25 | $377.3M | $33.6M | ||
| Q1 25 | $348.3M | $26.3M | ||
| Q4 24 | $363.0M | $27.8M | ||
| Q3 24 | $332.4M | $20.3M | ||
| Q2 24 | $282.3M | $33.1M |
总债务ARRYFIP
| Q1 26 | $669.0M | — | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B |
股东权益ARRYFIP
| Q1 26 | $-206.3M | $-122.5K | ||
| Q4 25 | $-206.3M | $21.3M | ||
| Q3 25 | $-46.7M | $181.1M | ||
| Q2 25 | $-70.9M | $375.5M | ||
| Q1 25 | $-97.8M | $476.2M | ||
| Q4 24 | $-118.1M | $202.7M | ||
| Q3 24 | $64.5M | $370.8M | ||
| Q2 24 | $200.0M | $394.8M |
总资产ARRYFIP
| Q1 26 | $1.5B | $5.7B | ||
| Q4 25 | $1.5B | $5.7B | ||
| Q3 25 | $1.6B | $5.5B | ||
| Q2 25 | $1.5B | $4.4B | ||
| Q1 25 | $1.4B | $4.1B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.7B | $2.5B |
负债/权益比ARRYFIP
| Q1 26 | — | — | ||
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× |
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 | $43.6M | $-69.4M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | — |
| 自由现金流率自由现金流/营收 | 16.0% | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | $131.4M | — |
8季度趋势，按日历期对齐
经营现金流ARRYFIP
| Q1 26 | $43.6M | $-69.4M | ||
| Q4 25 | $43.6M | $-2.8M | ||
| Q3 25 | $27.4M | $-24.4M | ||
| Q2 25 | $43.8M | $-5.2M | ||
| Q1 25 | $-13.1M | $-85.7M | ||
| Q4 24 | $57.6M | $-8.1M | ||
| Q3 24 | $44.9M | $14.2M | ||
| Q2 24 | $4.0M | $-17.6M |
自由现金流ARRYFIP
| Q1 26 | $36.2M | — | ||
| Q4 25 | $36.2M | $-68.6M | ||
| Q3 25 | $21.9M | $-90.7M | ||
| Q2 25 | $37.2M | $-87.5M | ||
| Q1 25 | $-15.4M | $-151.7M | ||
| Q4 24 | $55.9M | $-34.3M | ||
| Q3 24 | $43.9M | $-11.7M | ||
| Q2 24 | $1.8M | $-32.1M |
自由现金流率ARRYFIP
| Q1 26 | 16.0% | — | ||
| Q4 25 | 16.0% | -47.8% | ||
| Q3 25 | 5.6% | -64.5% | ||
| Q2 25 | 10.3% | -71.6% | ||
| Q1 25 | -5.1% | -157.7% | ||
| Q4 24 | 20.3% | -42.4% | ||
| Q3 24 | 19.0% | -14.0% | ||
| Q2 24 | 0.7% | -37.9% |
资本支出强度ARRYFIP
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | 45.9% | ||
| Q3 25 | 1.4% | 47.2% | ||
| Q2 25 | 1.8% | 67.3% | ||
| Q1 25 | 0.8% | 68.6% | ||
| Q4 24 | 0.6% | 32.5% | ||
| Q3 24 | 0.5% | 31.1% | ||
| Q2 24 | 0.8% | 17.2% |
现金转化率ARRYFIP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 1.01× | — | ||
| Q1 25 | -0.78× | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.15× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
