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Array Technologies, Inc.（ARRY）与Childrens Place, Inc.（PLCE）财务数据对比。点击上方公司名可切换其他公司
Childrens Place, Inc.的季度营收约是Array Technologies, Inc.的1.5倍（$339.5M vs $226.0M），Childrens Place, Inc.同比增速更快（-13.0% vs -17.9%），Array Technologies, Inc.自由现金流更多（$36.2M vs $-3.4M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs -13.6%）
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。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
ARRY vs PLCE — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $339.5M |
| 净利润 | — | $-4.3M |
| 毛利率 | 8.6% | 33.1% |
| 营业利润率 | -65.5% | 1.1% |
| 净利率 | — | -1.3% |
| 营收同比 | -17.9% | -13.0% |
| 净利润同比 | — | -121.5% |
| 每股收益（稀释后） | $-1.06 | $-0.19 |
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
| Q4 25 | $226.0M | $339.5M | ||
| Q3 25 | $393.5M | $298.0M | ||
| Q2 25 | $362.2M | $242.1M | ||
| Q1 25 | $302.4M | $408.6M | ||
| Q4 24 | $275.2M | $390.2M | ||
| Q3 24 | $231.4M | $319.7M | ||
| Q2 24 | $255.8M | $267.9M | ||
| Q1 24 | $153.4M | $455.0M |
| Q4 25 | — | $-4.3M | ||
| Q3 25 | $33.5M | $-5.4M | ||
| Q2 25 | $43.3M | $-34.0M | ||
| Q1 25 | $16.7M | $-8.0M | ||
| Q4 24 | — | $20.1M | ||
| Q3 24 | $-141.4M | $-32.1M | ||
| Q2 24 | $25.7M | $-37.8M | ||
| Q1 24 | $2.2M | $-128.8M |
| Q4 25 | 8.6% | 33.1% | ||
| Q3 25 | 26.9% | 34.0% | ||
| Q2 25 | 26.8% | 29.2% | ||
| Q1 25 | 25.3% | 28.5% | ||
| Q4 24 | 28.5% | 35.5% | ||
| Q3 24 | 33.8% | 35.0% | ||
| Q2 24 | 33.6% | 34.6% | ||
| Q1 24 | 35.9% | 21.8% |
| Q4 25 | -65.5% | 1.1% | ||
| Q3 25 | 11.6% | 1.4% | ||
| Q2 25 | 12.8% | -10.0% | ||
| Q1 25 | 9.0% | 1.7% | ||
| Q4 24 | -51.7% | 7.5% | ||
| Q3 24 | -57.3% | -6.8% | ||
| Q2 24 | 15.5% | -10.4% | ||
| Q1 24 | 5.5% | -13.6% |
| Q4 25 | — | -1.3% | ||
| Q3 25 | 8.5% | -1.8% | ||
| Q2 25 | 11.9% | -14.1% | ||
| Q1 25 | 5.5% | -2.0% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | -61.1% | -10.0% | ||
| Q2 24 | 10.0% | -14.1% | ||
| Q1 24 | 1.4% | -28.3% |
| Q4 25 | $-1.06 | $-0.19 | ||
| Q3 25 | $0.12 | $-0.24 | ||
| Q2 25 | $0.19 | $-1.57 | ||
| Q1 25 | $0.02 | $-0.60 | ||
| Q4 24 | $-0.94 | $1.57 | ||
| Q3 24 | $-1.02 | $-2.51 | ||
| Q2 24 | $0.08 | $-2.98 | ||
| Q1 24 | $-0.07 | $-10.24 |
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 | $244.4M | $7.3M |
| 总债务越低越好 | — | $107.4M |
| 股东权益账面价值 | $-206.3M | $-8.6M |
| 总资产 | $1.5B | $762.5M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $244.4M | $7.3M | ||
| Q3 25 | $221.5M | $7.8M | ||
| Q2 25 | $377.3M | $5.7M | ||
| Q1 25 | $348.3M | $5.3M | ||
| Q4 24 | $363.0M | $5.7M | ||
| Q3 24 | $332.4M | $9.6M | ||
| Q2 24 | $282.3M | $13.0M | ||
| Q1 24 | $287.6M | $13.6M |
| Q4 25 | — | $107.4M | ||
| Q3 25 | — | $107.2M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $166.0M | ||
| Q4 24 | — | $165.7M | ||
| Q3 24 | — | $165.4M | ||
| Q2 24 | — | $166.6M | ||
| Q1 24 | — | $49.8M |
| Q4 25 | $-206.3M | $-8.6M | ||
| Q3 25 | $-46.7M | $-4.9M | ||
| Q2 25 | $-70.9M | $1.4M | ||
| Q1 25 | $-97.8M | $-59.4M | ||
| Q4 24 | $-118.1M | $-49.6M | ||
| Q3 24 | $64.5M | $-68.9M | ||
| Q2 24 | $200.0M | $-34.9M | ||
| Q1 24 | $231.2M | $-9.0M |
| Q4 25 | $1.5B | $762.5M | ||
| Q3 25 | $1.6B | $805.1M | ||
| Q2 25 | $1.5B | $779.6M | ||
| Q1 25 | $1.4B | $747.6M | ||
| Q4 24 | $1.4B | $888.8M | ||
| Q3 24 | $1.6B | $921.4M | ||
| Q2 24 | $1.7B | $848.3M | ||
| Q1 24 | $1.6B | $800.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 75.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $-3.4M |
| 自由现金流率自由现金流/营收 | 16.0% | -1.0% |
| 资本支出强度资本支出/营收 | 3.3% | 2.8% |
| 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 | $79.8M | $39.5M |
8季度趋势，按日历期对齐
| Q4 25 | $43.6M | $6.2M | ||
| Q3 25 | $27.4M | $-30.5M | ||
| Q2 25 | $43.8M | $-43.0M | ||
| Q1 25 | $-13.1M | $121.3M | ||
| Q4 24 | $57.6M | $-44.2M | ||
| Q3 24 | $44.9M | $-83.9M | ||
| Q2 24 | $4.0M | $-110.8M | ||
| Q1 24 | $47.5M | $135.4M |
| Q4 25 | $36.2M | $-3.4M | ||
| Q3 25 | $21.9M | $-31.9M | ||
| Q2 25 | $37.2M | $-46.4M | ||
| Q1 25 | $-15.4M | $121.2M | ||
| Q4 24 | $55.9M | $-47.7M | ||
| Q3 24 | $43.9M | $-91.7M | ||
| Q2 24 | $1.8M | $-115.5M | ||
| Q1 24 | $45.1M | $132.2M |
| Q4 25 | 16.0% | -1.0% | ||
| Q3 25 | 5.6% | -10.7% | ||
| Q2 25 | 10.3% | -19.2% | ||
| Q1 25 | -5.1% | 29.7% | ||
| Q4 24 | 20.3% | -12.2% | ||
| Q3 24 | 19.0% | -28.7% | ||
| Q2 24 | 0.7% | -43.1% | ||
| Q1 24 | 29.4% | 29.1% |
| Q4 25 | 3.3% | 2.8% | ||
| Q3 25 | 1.4% | 0.5% | ||
| Q2 25 | 1.8% | 1.4% | ||
| Q1 25 | 0.8% | 0.0% | ||
| Q4 24 | 0.6% | 0.9% | ||
| Q3 24 | 0.5% | 2.4% | ||
| Q2 24 | 0.8% | 1.8% | ||
| Q1 24 | 1.6% | 0.7% |
| Q4 25 | — | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 1.01× | — | ||
| Q1 25 | -0.78× | — | ||
| Q4 24 | — | -2.20× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 21.94× | — |
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
ARRY
| Array Legacy Operations Segment | $212.0M | 94% |
| STI Operations Segment | $14.0M | 6% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
