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Array Technologies, Inc.（ARRY）与GIBRALTAR INDUSTRIES, INC.（ROCK）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GIBRALTAR INDUSTRIES, INC.的1.0倍（$226.0M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -17.9%），Array Technologies, Inc.自由现金流更多（$36.2M vs $26.2M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
ARRY vs ROCK — 直观对比
营收规模更大
ARRY
是对方的1.0倍
$225.0M
营收增速更快
ROCK
高出42.8%
-17.9%
自由现金流更多
ARRY
多$9.9M
$26.2M
两年增速更快
ARRY
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $225.0M |
| 净利润 | — | — |
| 毛利率 | 8.6% | 25.3% |
| 营业利润率 | -65.5% | 7.9% |
| 净利率 | — | — |
| 营收同比 | -17.9% | 24.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-1.06 | — |
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ARRYROCK
| Q4 25 | $226.0M | $225.0M | ||
| Q3 25 | $393.5M | $310.9M | ||
| Q2 25 | $362.2M | $309.5M | ||
| Q1 25 | $302.4M | $290.0M | ||
| Q4 24 | $275.2M | $180.1M | ||
| Q3 24 | $231.4M | $277.1M | ||
| Q2 24 | $255.8M | $273.6M | ||
| Q1 24 | $153.4M | $292.5M |
净利润ARRYROCK
| Q4 25 | — | — | ||
| Q3 25 | $33.5M | $-89.1M | ||
| Q2 25 | $43.3M | $26.0M | ||
| Q1 25 | $16.7M | $21.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-141.4M | $34.0M | ||
| Q2 24 | $25.7M | $32.2M | ||
| Q1 24 | $2.2M | $24.9M |
毛利率ARRYROCK
| Q4 25 | 8.6% | 25.3% | ||
| Q3 25 | 26.9% | 26.6% | ||
| Q2 25 | 26.8% | 28.4% | ||
| Q1 25 | 25.3% | 26.8% | ||
| Q4 24 | 28.5% | 29.0% | ||
| Q3 24 | 33.8% | 29.4% | ||
| Q2 24 | 33.6% | 30.5% | ||
| Q1 24 | 35.9% | 28.9% |
营业利润率ARRYROCK
| Q4 25 | -65.5% | 7.9% | ||
| Q3 25 | 11.6% | 12.8% | ||
| Q2 25 | 12.8% | 12.8% | ||
| Q1 25 | 9.0% | 8.8% | ||
| Q4 24 | -51.7% | 13.3% | ||
| Q3 24 | -57.3% | 15.6% | ||
| Q2 24 | 15.5% | 14.9% | ||
| Q1 24 | 5.5% | 10.8% |
净利率ARRYROCK
| Q4 25 | — | — | ||
| Q3 25 | 8.5% | -28.6% | ||
| Q2 25 | 11.9% | 8.4% | ||
| Q1 25 | 5.5% | 7.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | -61.1% | 12.3% | ||
| Q2 24 | 10.0% | 11.8% | ||
| Q1 24 | 1.4% | 8.5% |
每股收益（稀释后）ARRYROCK
| Q4 25 | $-1.06 | — | ||
| Q3 25 | $0.12 | $-2.98 | ||
| Q2 25 | $0.19 | $0.87 | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | $-0.94 | — | ||
| Q3 24 | $-1.02 | $1.11 | ||
| Q2 24 | $0.08 | $1.05 | ||
| Q1 24 | $-0.07 | — |
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 | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $-206.3M | $950.4M |
| 总资产 | $1.5B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ARRYROCK
| Q4 25 | $244.4M | $115.7M | ||
| Q3 25 | $221.5M | $89.4M | ||
| Q2 25 | $377.3M | $43.3M | ||
| Q1 25 | $348.3M | $25.1M | ||
| Q4 24 | $363.0M | $269.5M | ||
| Q3 24 | $332.4M | $228.9M | ||
| Q2 24 | $282.3M | $179.1M | ||
| Q1 24 | $287.6M | $146.7M |
总债务ARRYROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益ARRYROCK
| Q4 25 | $-206.3M | $950.4M | ||
| Q3 25 | $-46.7M | $951.8M | ||
| Q2 25 | $-70.9M | $1.0B | ||
| Q1 25 | $-97.8M | $1.0B | ||
| Q4 24 | $-118.1M | $1.0B | ||
| Q3 24 | $64.5M | $1.0B | ||
| Q2 24 | $200.0M | $975.7M | ||
| Q1 24 | $231.2M | $940.2M |
总资产ARRYROCK
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.6B | $1.3B |
负债/权益比ARRYROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $26.2M |
| 自由现金流率自由现金流/营收 | 16.0% | 11.7% |
| 资本支出强度资本支出/营收 | 3.3% | 4.1% |
| 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 | $120.6M |
8季度趋势，按日历期对齐
经营现金流ARRYROCK
| Q4 25 | $43.6M | $35.5M | ||
| Q3 25 | $27.4M | $73.0M | ||
| Q2 25 | $43.8M | $44.9M | ||
| Q1 25 | $-13.1M | $13.7M | ||
| Q4 24 | $57.6M | $19.9M | ||
| Q3 24 | $44.9M | $64.7M | ||
| Q2 24 | $4.0M | $36.5M | ||
| Q1 24 | $47.5M | $53.2M |
自由现金流ARRYROCK
| Q4 25 | $36.2M | $26.2M | ||
| Q3 25 | $21.9M | $64.8M | ||
| Q2 25 | $37.2M | $27.3M | ||
| Q1 25 | $-15.4M | $2.3M | ||
| Q4 24 | $55.9M | $14.1M | ||
| Q3 24 | $43.9M | $60.5M | ||
| Q2 24 | $1.8M | $33.5M | ||
| Q1 24 | $45.1M | $48.8M |
自由现金流率ARRYROCK
| Q4 25 | 16.0% | 11.7% | ||
| Q3 25 | 5.6% | 20.8% | ||
| Q2 25 | 10.3% | 8.8% | ||
| Q1 25 | -5.1% | 0.8% | ||
| Q4 24 | 20.3% | 7.8% | ||
| Q3 24 | 19.0% | 21.8% | ||
| Q2 24 | 0.7% | 12.2% | ||
| Q1 24 | 29.4% | 16.7% |
资本支出强度ARRYROCK
| Q4 25 | 3.3% | 4.1% | ||
| Q3 25 | 1.4% | 2.6% | ||
| Q2 25 | 1.8% | 5.7% | ||
| Q1 25 | 0.8% | 3.9% | ||
| Q4 24 | 0.6% | 3.3% | ||
| Q3 24 | 0.5% | 1.5% | ||
| Q2 24 | 0.8% | 1.1% | ||
| Q1 24 | 1.6% | 1.5% |
现金转化率ARRYROCK
| Q4 25 | — | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 1.01× | 1.73× | ||
| Q1 25 | -0.78× | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 0.15× | 1.13× | ||
| Q1 24 | 21.94× | 2.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
