vs
Array Technologies, Inc.（ARRY）与RESOURCES CONNECTION, INC.（RGP）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RESOURCES CONNECTION, INC.的1.9倍（$226.0M vs $117.7M），Array Technologies, Inc.同比增速更快（-17.9% vs -19.2%），Array Technologies, Inc.自由现金流更多（$36.2M vs $15.6M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs -11.8%）
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。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
ARRY vs RGP — 直观对比
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $117.7M |
| 净利润 | — | $-12.7M |
| 毛利率 | 8.6% | 37.1% |
| 营业利润率 | -65.5% | -10.3% |
| 净利率 | — | -10.8% |
| 营收同比 | -17.9% | -19.2% |
| 净利润同比 | — | 81.6% |
| 每股收益（稀释后） | $-1.06 | $-0.38 |
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 | $117.7M | ||
| Q3 25 | $393.5M | $120.2M | ||
| Q2 25 | $362.2M | $139.3M | ||
| Q1 25 | $302.4M | $129.4M | ||
| Q4 24 | $275.2M | $145.6M | ||
| Q3 24 | $231.4M | $136.9M | ||
| Q2 24 | $255.8M | $148.2M | ||
| Q1 24 | $153.4M | $151.3M |
| Q4 25 | — | $-12.7M | ||
| Q3 25 | $33.5M | $-2.4M | ||
| Q2 25 | $43.3M | $-73.3M | ||
| Q1 25 | $16.7M | $-44.1M | ||
| Q4 24 | — | $-68.7M | ||
| Q3 24 | $-141.4M | $-5.7M | ||
| Q2 24 | $25.7M | $10.5M | ||
| Q1 24 | $2.2M | $2.5M |
| Q4 25 | 8.6% | 37.1% | ||
| Q3 25 | 26.9% | 39.5% | ||
| Q2 25 | 26.8% | 40.2% | ||
| Q1 25 | 25.3% | 35.1% | ||
| Q4 24 | 28.5% | 38.5% | ||
| Q3 24 | 33.8% | 36.5% | ||
| Q2 24 | 33.6% | 40.2% | ||
| Q1 24 | 35.9% | 37.0% |
| Q4 25 | -65.5% | -10.3% | ||
| Q3 25 | 11.6% | -1.7% | ||
| Q2 25 | 12.8% | -47.0% | ||
| Q1 25 | 9.0% | -38.4% | ||
| Q4 24 | -51.7% | -52.7% | ||
| Q3 24 | -57.3% | -3.5% | ||
| Q2 24 | 15.5% | 7.6% | ||
| Q1 24 | 5.5% | 2.8% |
| Q4 25 | — | -10.8% | ||
| Q3 25 | 8.5% | -2.0% | ||
| Q2 25 | 11.9% | -52.6% | ||
| Q1 25 | 5.5% | -34.0% | ||
| Q4 24 | — | -47.2% | ||
| Q3 24 | -61.1% | -4.2% | ||
| Q2 24 | 10.0% | 7.1% | ||
| Q1 24 | 1.4% | 1.7% |
| Q4 25 | $-1.06 | $-0.38 | ||
| Q3 25 | $0.12 | $-0.07 | ||
| Q2 25 | $0.19 | $-2.21 | ||
| Q1 25 | $0.02 | $-1.34 | ||
| Q4 24 | $-0.94 | $-2.08 | ||
| Q3 24 | $-1.02 | $-0.17 | ||
| Q2 24 | $0.08 | $0.31 | ||
| Q1 24 | $-0.07 | $0.08 |
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 | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-206.3M | $194.6M |
| 总资产 | $1.5B | $289.3M |
| 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 | $89.8M | ||
| Q3 25 | $221.5M | $77.5M | ||
| Q2 25 | $377.3M | $86.1M | ||
| Q1 25 | $348.3M | $72.5M | ||
| Q4 24 | $363.0M | $78.2M | ||
| Q3 24 | $332.4M | $89.6M | ||
| Q2 24 | $282.3M | $108.9M | ||
| Q1 24 | $287.6M | $113.8M |
| Q4 25 | $-206.3M | $194.6M | ||
| Q3 25 | $-46.7M | $206.4M | ||
| Q2 25 | $-70.9M | $207.1M | ||
| Q1 25 | $-97.8M | $277.8M | ||
| Q4 24 | $-118.1M | $325.7M | ||
| Q3 24 | $64.5M | $407.2M | ||
| Q2 24 | $200.0M | $418.8M | ||
| Q1 24 | $231.2M | $414.9M |
| Q4 25 | $1.5B | $289.3M | ||
| Q3 25 | $1.6B | $287.2M | ||
| Q2 25 | $1.5B | $304.7M | ||
| Q1 25 | $1.4B | $375.6M | ||
| Q4 24 | $1.4B | $424.9M | ||
| Q3 24 | $1.6B | $512.9M | ||
| Q2 24 | $1.7B | $510.9M | ||
| Q1 24 | $1.6B | $523.2M |
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 | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $15.6M |
| 自由现金流率自由现金流/营收 | 16.0% | 13.2% |
| 资本支出强度资本支出/营收 | 3.3% | 0.3% |
| 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 | $24.3M |
8季度趋势，按日历期对齐
| Q4 25 | $43.6M | $15.9M | ||
| Q3 25 | $27.4M | $-7.8M | ||
| Q2 25 | $43.8M | $16.8M | ||
| Q1 25 | $-13.1M | $659.0K | ||
| Q4 24 | $57.6M | $1.8M | ||
| Q3 24 | $44.9M | $-309.0K | ||
| Q2 24 | $4.0M | $3.2M | ||
| Q1 24 | $47.5M | $20.5M |
| Q4 25 | $36.2M | $15.6M | ||
| Q3 25 | $21.9M | $-8.0M | ||
| Q2 25 | $37.2M | $16.5M | ||
| Q1 25 | $-15.4M | $238.0K | ||
| Q4 24 | $55.9M | $61.0K | ||
| Q3 24 | $43.9M | $-575.0K | ||
| Q2 24 | $1.8M | $3.0M | ||
| Q1 24 | $45.1M | $20.4M |
| Q4 25 | 16.0% | 13.2% | ||
| Q3 25 | 5.6% | -6.6% | ||
| Q2 25 | 10.3% | 11.8% | ||
| Q1 25 | -5.1% | 0.2% | ||
| Q4 24 | 20.3% | 0.0% | ||
| Q3 24 | 19.0% | -0.4% | ||
| Q2 24 | 0.7% | 2.1% | ||
| Q1 24 | 29.4% | 13.5% |
| Q4 25 | 3.3% | 0.3% | ||
| Q3 25 | 1.4% | 0.1% | ||
| Q2 25 | 1.8% | 0.2% | ||
| Q1 25 | 0.8% | 0.3% | ||
| Q4 24 | 0.6% | 1.2% | ||
| Q3 24 | 0.5% | 0.2% | ||
| Q2 24 | 0.8% | 0.1% | ||
| Q1 24 | 1.6% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 1.01× | — | ||
| Q1 25 | -0.78× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.15× | 0.30× | ||
| Q1 24 | 21.94× | 8.04× |
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% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
