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Alphatec Holdings, Inc.（ATEC）与Axos Financial, Inc.（AX）财务数据对比。点击上方公司名可切换其他公司
Axos Financial, Inc.的季度营收约是Alphatec Holdings, Inc.的1.8倍（$392.2M vs $212.9M），Axos Financial, Inc.净利率更高（31.8% vs -10.2%，领先42.0%），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs 16.1%）
Alphatec Holdings是一家全球医疗科技企业，专注于研发、生产及销售脊柱外科手术相关的植入物、手术器械与数字化手术平台，服务骨科及神经外科医疗从业者，核心市场覆盖北美、欧洲及亚太主要区域。
Axos Financial是总部位于美国内华达州拉斯维加斯的银行控股公司，旗下拥有直销银行Axos Bank，同时提供注册投资顾问服务及电子交易平台，深耕数字化金融赛道，可为用户提供多元便捷的金融服务解决方案。
ATEC vs AX — 直观对比
营收规模更大
AX
是对方的1.8倍
$212.9M
净利率更高
AX
高出42.0%
-10.2%
两年增速更快
ATEC
近两年复合增速
16.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $392.2M |
| 净利润 | $-21.7M | $124.7M |
| 毛利率 | 70.2% | — |
| 营业利润率 | -4.1% | — |
| 净利率 | -10.2% | 31.8% |
| 营收同比 | 20.4% | — |
| 净利润同比 | 34.8% | 18.5% |
| 每股收益（稀释后） | $-0.15 | $2.15 |
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ATECAX
| Q1 26 | — | $392.2M | ||
| Q4 25 | $212.9M | $385.1M | ||
| Q3 25 | $196.5M | $323.4M | ||
| Q2 25 | $185.5M | $321.4M | ||
| Q1 25 | $169.2M | $308.8M | ||
| Q4 24 | $176.8M | $307.9M | ||
| Q3 24 | $150.7M | $320.7M | ||
| Q2 24 | $145.6M | $290.9M |
净利润ATECAX
| Q1 26 | — | $124.7M | ||
| Q4 25 | $-21.7M | $128.4M | ||
| Q3 25 | $-28.6M | $112.4M | ||
| Q2 25 | $-41.1M | $110.7M | ||
| Q1 25 | $-51.9M | $105.2M | ||
| Q4 24 | $-33.3M | $104.7M | ||
| Q3 24 | $-39.6M | $112.3M | ||
| Q2 24 | $-40.7M | $104.9M |
毛利率ATECAX
| Q1 26 | — | — | ||
| Q4 25 | 70.2% | — | ||
| Q3 25 | 69.9% | — | ||
| Q2 25 | 69.6% | — | ||
| Q1 25 | 68.6% | — | ||
| Q4 24 | 68.8% | — | ||
| Q3 24 | 68.2% | — | ||
| Q2 24 | 70.5% | — |
营业利润率ATECAX
| Q1 26 | — | — | ||
| Q4 25 | -4.1% | 45.6% | ||
| Q3 25 | -8.1% | 46.3% | ||
| Q2 25 | -7.1% | 48.5% | ||
| Q1 25 | -26.2% | 47.9% | ||
| Q4 24 | -13.5% | 48.8% | ||
| Q3 24 | -22.4% | 49.6% | ||
| Q2 24 | -24.3% | 49.6% |
净利率ATECAX
| Q1 26 | — | 31.8% | ||
| Q4 25 | -10.2% | 33.3% | ||
| Q3 25 | -14.5% | 34.7% | ||
| Q2 25 | -22.2% | 34.4% | ||
| Q1 25 | -30.7% | 34.1% | ||
| Q4 24 | -18.9% | 34.0% | ||
| Q3 24 | -26.3% | 35.0% | ||
| Q2 24 | -27.9% | 36.0% |
每股收益（稀释后）ATECAX
| Q1 26 | — | $2.15 | ||
| Q4 25 | $-0.15 | $2.22 | ||
| Q3 25 | $-0.19 | $1.94 | ||
| Q2 25 | $-0.27 | $1.89 | ||
| Q1 25 | $-0.35 | $1.81 | ||
| Q4 24 | $-0.22 | $1.80 | ||
| Q3 24 | $-0.28 | $1.93 | ||
| Q2 24 | $-0.29 | $1.75 |
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 | $160.8M | — |
| 总债务越低越好 | $565.9M | — |
| 股东权益账面价值 | $12.4M | $3.1B |
| 总资产 | $791.2M | $29.2B |
| 负债/权益比越低杠杆越低 | 45.54× | — |
8季度趋势，按日历期对齐
现金及短期投资ATECAX
| Q1 26 | — | — | ||
| Q4 25 | $160.8M | $1.0B | ||
| Q3 25 | $155.7M | $2.6B | ||
| Q2 25 | $157.1M | $1.9B | ||
| Q1 25 | $153.2M | $2.0B | ||
| Q4 24 | $138.8M | $2.4B | ||
| Q3 24 | $81.0M | $2.6B | ||
| Q2 24 | $99.8M | $2.0B |
总债务ATECAX
| Q1 26 | — | — | ||
| Q4 25 | $565.9M | — | ||
| Q3 25 | $559.7M | — | ||
| Q2 25 | $553.9M | $312.7M | ||
| Q1 25 | $548.4M | $377.4M | ||
| Q4 24 | $576.2M | $358.7M | ||
| Q3 24 | $527.7M | $313.5M | ||
| Q2 24 | $519.2M | $325.7M |
股东权益ATECAX
| Q1 26 | — | $3.1B | ||
| Q4 25 | $12.4M | $2.9B | ||
| Q3 25 | $11.5M | $2.8B | ||
| Q2 25 | $23.8M | $2.7B | ||
| Q1 25 | $-85.9M | $2.6B | ||
| Q4 24 | $-14.2M | $2.5B | ||
| Q3 24 | $-1.4M | $2.4B | ||
| Q2 24 | $17.1M | $2.3B |
总资产ATECAX
| Q1 26 | — | $29.2B | ||
| Q4 25 | $791.2M | $28.2B | ||
| Q3 25 | $787.2M | $27.4B | ||
| Q2 25 | $790.3M | $24.8B | ||
| Q1 25 | $785.5M | $24.0B | ||
| Q4 24 | $775.7M | $23.7B | ||
| Q3 24 | $745.9M | $23.6B | ||
| Q2 24 | $768.6M | $22.9B |
负债/权益比ATECAX
| Q1 26 | — | — | ||
| Q4 25 | 45.54× | — | ||
| Q3 25 | 48.64× | — | ||
| Q2 25 | 23.30× | 0.12× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | 30.34× | 0.14× |
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 | $20.7M | — |
| 自由现金流经营现金流 - 资本支出 | $7.7M | — |
| 自由现金流率自由现金流/营收 | 3.6% | — |
| 资本支出强度资本支出/营收 | 6.1% | — |
| 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 | $2.8M | — |
8季度趋势，按日历期对齐
经营现金流ATECAX
| Q1 26 | — | — | ||
| Q4 25 | $20.7M | $104.1M | ||
| Q3 25 | $14.0M | $118.4M | ||
| Q2 25 | $15.5M | $490.3M | ||
| Q1 25 | $-5.0M | $73.7M | ||
| Q4 24 | $10.5M | $162.5M | ||
| Q3 24 | $-5.3M | $70.8M | ||
| Q2 24 | $-11.4M | $305.5M |
自由现金流ATECAX
| Q1 26 | — | — | ||
| Q4 25 | $7.7M | $85.4M | ||
| Q3 25 | $4.8M | $109.3M | ||
| Q2 25 | $5.2M | $436.1M | ||
| Q1 25 | $-15.0M | $65.1M | ||
| Q4 24 | $8.5M | $156.4M | ||
| Q3 24 | $-21.2M | $53.0M | ||
| Q2 24 | $-45.5M | $269.5M |
自由现金流率ATECAX
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 22.2% | ||
| Q3 25 | 2.4% | 33.8% | ||
| Q2 25 | 2.8% | 135.7% | ||
| Q1 25 | -8.9% | 21.1% | ||
| Q4 24 | 4.8% | 50.8% | ||
| Q3 24 | -14.1% | 16.5% | ||
| Q2 24 | -31.3% | 92.6% |
资本支出强度ATECAX
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 4.9% | ||
| Q3 25 | 4.7% | 2.8% | ||
| Q2 25 | 5.6% | 16.9% | ||
| Q1 25 | 5.9% | 2.8% | ||
| Q4 24 | 1.1% | 2.0% | ||
| Q3 24 | 10.5% | 5.5% | ||
| Q2 24 | 23.4% | 12.4% |
现金转化率ATECAX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.81× | ||
| Q3 25 | — | 1.05× | ||
| Q2 25 | — | 4.43× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 1.55× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | 2.91× |
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
ATEC
暂无分部数据
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
