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Alphatec Holdings, Inc.（ATEC）与Traeger, Inc.（COOK）财务数据对比。点击上方公司名可切换其他公司
Alphatec Holdings, Inc.的季度营收约是Traeger, Inc.的1.5倍（$212.9M vs $145.4M），Alphatec Holdings, Inc.净利率更高（-10.2% vs -11.8%，领先1.6%），Alphatec Holdings, Inc.同比增速更快（20.4% vs -13.8%），Traeger, Inc.自由现金流更多（$14.2M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs 0.2%）
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。
Traeger, Inc.是一家专注于户外烹饪设备研发生产的企业，主营高端木颗粒烤炉、配套配件及专用木颗粒燃料，主要面向北美、欧洲、澳洲市场，通过零售渠道和直营模式服务家庭及商用餐饮客户。
ATEC vs COOK — 直观对比
营收规模更大
ATEC
是对方的1.5倍
$145.4M
营收增速更快
ATEC
高出34.2%
-13.8%
净利率更高
ATEC
高出1.6%
-11.8%
自由现金流更多
COOK
多$6.5M
$7.7M
两年增速更快
ATEC
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $145.4M |
| 净利润 | $-21.7M | $-17.2M |
| 毛利率 | 70.2% | 37.4% |
| 营业利润率 | -4.1% | -8.0% |
| 净利率 | -10.2% | -11.8% |
| 营收同比 | 20.4% | -13.8% |
| 净利润同比 | 34.8% | -147.2% |
| 每股收益（稀释后） | $-0.15 | $-0.13 |
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ATECCOOK
| Q4 25 | $212.9M | $145.4M | ||
| Q3 25 | $196.5M | $125.4M | ||
| Q2 25 | $185.5M | $145.5M | ||
| Q1 25 | $169.2M | $143.3M | ||
| Q4 24 | $176.8M | $168.6M | ||
| Q3 24 | $150.7M | $122.0M | ||
| Q2 24 | $145.6M | $168.5M | ||
| Q1 24 | $138.5M | $144.9M |
净利润ATECCOOK
| Q4 25 | $-21.7M | $-17.2M | ||
| Q3 25 | $-28.6M | $-89.8M | ||
| Q2 25 | $-41.1M | $-7.4M | ||
| Q1 25 | $-51.9M | $-778.0K | ||
| Q4 24 | $-33.3M | $-7.0M | ||
| Q3 24 | $-39.6M | $-19.8M | ||
| Q2 24 | $-40.7M | $-2.6M | ||
| Q1 24 | $-48.5M | $-4.7M |
毛利率ATECCOOK
| Q4 25 | 70.2% | 37.4% | ||
| Q3 25 | 69.9% | 38.7% | ||
| Q2 25 | 69.6% | 39.2% | ||
| Q1 25 | 68.6% | 41.5% | ||
| Q4 24 | 68.8% | 40.9% | ||
| Q3 24 | 68.2% | 42.3% | ||
| Q2 24 | 70.5% | 42.9% | ||
| Q1 24 | 70.3% | 43.2% |
营业利润率ATECCOOK
| Q4 25 | -4.1% | -8.0% | ||
| Q3 25 | -8.1% | -66.5% | ||
| Q2 25 | -7.1% | -4.2% | ||
| Q1 25 | -26.2% | 2.4% | ||
| Q4 24 | -13.5% | -0.1% | ||
| Q3 24 | -22.4% | -6.1% | ||
| Q2 24 | -24.3% | 2.8% | ||
| Q1 24 | -31.3% | -0.1% |
净利率ATECCOOK
| Q4 25 | -10.2% | -11.8% | ||
| Q3 25 | -14.5% | -71.6% | ||
| Q2 25 | -22.2% | -5.1% | ||
| Q1 25 | -30.7% | -0.5% | ||
| Q4 24 | -18.9% | -4.1% | ||
| Q3 24 | -26.3% | -16.2% | ||
| Q2 24 | -27.9% | -1.5% | ||
| Q1 24 | -35.0% | -3.2% |
每股收益（稀释后）ATECCOOK
| Q4 25 | $-0.15 | $-0.13 | ||
| Q3 25 | $-0.19 | $-0.67 | ||
| Q2 25 | $-0.27 | $-0.06 | ||
| Q1 25 | $-0.35 | $-0.01 | ||
| Q4 24 | $-0.22 | $-0.06 | ||
| Q3 24 | $-0.28 | $-0.15 | ||
| Q2 24 | $-0.29 | $-0.02 | ||
| Q1 24 | $-0.34 | $-0.04 |
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 | $19.6M |
| 总债务越低越好 | $565.9M | $403.3M |
| 股东权益账面价值 | $12.4M | $170.8M |
| 总资产 | $791.2M | $676.0M |
| 负债/权益比越低杠杆越低 | 45.54× | 2.36× |
8季度趋势，按日历期对齐
现金及短期投资ATECCOOK
| Q4 25 | $160.8M | $19.6M | ||
| Q3 25 | $155.7M | $5.9M | ||
| Q2 25 | $157.1M | $10.3M | ||
| Q1 25 | $153.2M | $12.0M | ||
| Q4 24 | $138.8M | $15.0M | ||
| Q3 24 | $81.0M | $16.9M | ||
| Q2 24 | $99.8M | $18.0M | ||
| Q1 24 | $144.1M | $23.6M |
总债务ATECCOOK
| Q4 25 | $565.9M | $403.3M | ||
| Q3 25 | $559.7M | — | ||
| Q2 25 | $553.9M | — | ||
| Q1 25 | $548.4M | — | ||
| Q4 24 | $576.2M | $403.6M | ||
| Q3 24 | $527.7M | — | ||
| Q2 24 | $519.2M | — | ||
| Q1 24 | $514.4M | — |
股东权益ATECCOOK
| Q4 25 | $12.4M | $170.8M | ||
| Q3 25 | $11.5M | $186.1M | ||
| Q2 25 | $23.8M | $274.2M | ||
| Q1 25 | $-85.9M | $279.6M | ||
| Q4 24 | $-14.2M | $276.4M | ||
| Q3 24 | $-1.4M | $279.8M | ||
| Q2 24 | $17.1M | $297.3M | ||
| Q1 24 | $37.6M | $294.6M |
总资产ATECCOOK
| Q4 25 | $791.2M | $676.0M | ||
| Q3 25 | $787.2M | $689.6M | ||
| Q2 25 | $790.3M | $780.6M | ||
| Q1 25 | $785.5M | $825.6M | ||
| Q4 24 | $775.7M | $830.7M | ||
| Q3 24 | $745.9M | $818.1M | ||
| Q2 24 | $768.6M | $842.4M | ||
| Q1 24 | $774.6M | $862.1M |
负债/权益比ATECCOOK
| Q4 25 | 45.54× | 2.36× | ||
| Q3 25 | 48.64× | — | ||
| Q2 25 | 23.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.46× | ||
| Q3 24 | — | — | ||
| Q2 24 | 30.34× | — | ||
| Q1 24 | 13.70× | — |
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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $14.2M |
| 自由现金流率自由现金流/营收 | 3.6% | 9.8% |
| 资本支出强度资本支出/营收 | 6.1% | 0.9% |
| 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 | $13.6M |
8季度趋势，按日历期对齐
经营现金流ATECCOOK
| Q4 25 | $20.7M | $15.5M | ||
| Q3 25 | $14.0M | $7.6M | ||
| Q2 25 | $15.5M | $18.3M | ||
| Q1 25 | $-5.0M | $-20.8M | ||
| Q4 24 | $10.5M | $7.5M | ||
| Q3 24 | $-5.3M | $15.1M | ||
| Q2 24 | $-11.4M | $13.9M | ||
| Q1 24 | $-38.4M | $-12.6M |
自由现金流ATECCOOK
| Q4 25 | $7.7M | $14.2M | ||
| Q3 25 | $4.8M | $6.4M | ||
| Q2 25 | $5.2M | $15.7M | ||
| Q1 25 | $-15.0M | $-22.7M | ||
| Q4 24 | $8.5M | $5.5M | ||
| Q3 24 | $-21.2M | $12.8M | ||
| Q2 24 | $-45.5M | $11.8M | ||
| Q1 24 | $-69.8M | $-18.3M |
自由现金流率ATECCOOK
| Q4 25 | 3.6% | 9.8% | ||
| Q3 25 | 2.4% | 5.1% | ||
| Q2 25 | 2.8% | 10.8% | ||
| Q1 25 | -8.9% | -15.8% | ||
| Q4 24 | 4.8% | 3.3% | ||
| Q3 24 | -14.1% | 10.5% | ||
| Q2 24 | -31.3% | 7.0% | ||
| Q1 24 | -50.4% | -12.6% |
资本支出强度ATECCOOK
| Q4 25 | 6.1% | 0.9% | ||
| Q3 25 | 4.7% | 0.9% | ||
| Q2 25 | 5.6% | 1.8% | ||
| Q1 25 | 5.9% | 1.3% | ||
| Q4 24 | 1.1% | 1.2% | ||
| Q3 24 | 10.5% | 1.9% | ||
| Q2 24 | 23.4% | 1.2% | ||
| Q1 24 | 22.6% | 3.9% |
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
COOK
| Grills | $60.6M | 42% |
| Accessories | $49.2M | 34% |
| Consumables | $35.5M | 24% |
