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Alphatec Holdings, Inc.（ATEC）与8X8 INC（EGHT）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8X8 INC的1.2倍（$212.9M vs $185.1M），8X8 INC净利率更高（2.8% vs -10.2%，领先13.0%），Alphatec Holdings, Inc.同比增速更快（20.4% vs 3.4%），8X8 INC自由现金流更多（$19.1M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs 1.6%）
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。
8x8 Inc是源自美国的企业级云通信与客户体验软件服务商，依托云架构为企业提供统一通信、呼叫中心及通信平台即服务（CPaaS）等产品方案，公司总部位于加利福尼亚州坎贝尔，其股票在纳斯达克交易所挂牌交易。
ATEC vs EGHT — 直观对比
营收规模更大
ATEC
是对方的1.2倍
$185.1M
营收增速更快
ATEC
高出17.0%
3.4%
净利率更高
EGHT
高出13.0%
-10.2%
自由现金流更多
EGHT
多$11.4M
$7.7M
两年增速更快
ATEC
近两年复合增速
1.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $185.1M |
| 净利润 | $-21.7M | $5.1M |
| 毛利率 | 70.2% | 63.9% |
| 营业利润率 | -4.1% | 5.2% |
| 净利率 | -10.2% | 2.8% |
| 营收同比 | 20.4% | 3.4% |
| 净利润同比 | 34.8% | 68.4% |
| 每股收益（稀释后） | $-0.15 | $0.04 |
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ATECEGHT
| Q4 25 | $212.9M | $185.1M | ||
| Q3 25 | $196.5M | $184.1M | ||
| Q2 25 | $185.5M | $181.4M | ||
| Q1 25 | $169.2M | $177.0M | ||
| Q4 24 | $176.8M | $178.9M | ||
| Q3 24 | $150.7M | $181.0M | ||
| Q2 24 | $145.6M | $178.1M | ||
| Q1 24 | $138.5M | $179.4M |
净利润ATECEGHT
| Q4 25 | $-21.7M | $5.1M | ||
| Q3 25 | $-28.6M | $767.0K | ||
| Q2 25 | $-41.1M | $-4.3M | ||
| Q1 25 | $-51.9M | $-5.4M | ||
| Q4 24 | $-33.3M | $3.0M | ||
| Q3 24 | $-39.6M | $-14.5M | ||
| Q2 24 | $-40.7M | $-10.3M | ||
| Q1 24 | $-48.5M | $-23.6M |
毛利率ATECEGHT
| Q4 25 | 70.2% | 63.9% | ||
| Q3 25 | 69.9% | 64.8% | ||
| Q2 25 | 69.6% | 66.4% | ||
| Q1 25 | 68.6% | 67.8% | ||
| Q4 24 | 68.8% | 67.7% | ||
| Q3 24 | 68.2% | 68.1% | ||
| Q2 24 | 70.5% | 67.9% | ||
| Q1 24 | 70.3% | 68.2% |
营业利润率ATECEGHT
| Q4 25 | -4.1% | 5.2% | ||
| Q3 25 | -8.1% | 2.9% | ||
| Q2 25 | -7.1% | 0.3% | ||
| Q1 25 | -26.2% | 0.2% | ||
| Q4 24 | -13.5% | 5.0% | ||
| Q3 24 | -22.4% | 4.0% | ||
| Q2 24 | -24.3% | -0.8% | ||
| Q1 24 | -31.3% | -7.9% |
净利率ATECEGHT
| Q4 25 | -10.2% | 2.8% | ||
| Q3 25 | -14.5% | 0.4% | ||
| Q2 25 | -22.2% | -2.4% | ||
| Q1 25 | -30.7% | -3.1% | ||
| Q4 24 | -18.9% | 1.7% | ||
| Q3 24 | -26.3% | -8.0% | ||
| Q2 24 | -27.9% | -5.8% | ||
| Q1 24 | -35.0% | -13.1% |
每股收益（稀释后）ATECEGHT
| Q4 25 | $-0.15 | $0.04 | ||
| Q3 25 | $-0.19 | $0.01 | ||
| Q2 25 | $-0.27 | $-0.03 | ||
| Q1 25 | $-0.35 | $-0.04 | ||
| Q4 24 | $-0.22 | $0.02 | ||
| Q3 24 | $-0.28 | $-0.11 | ||
| Q2 24 | $-0.29 | $-0.08 | ||
| Q1 24 | $-0.34 | $-0.20 |
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 | $86.9M |
| 总债务越低越好 | $565.9M | $321.2M |
| 股东权益账面价值 | $12.4M | $142.9M |
| 总资产 | $791.2M | $661.5M |
| 负债/权益比越低杠杆越低 | 45.54× | 2.25× |
8季度趋势，按日历期对齐
现金及短期投资ATECEGHT
| Q4 25 | $160.8M | $86.9M | ||
| Q3 25 | $155.7M | $75.9M | ||
| Q2 25 | $157.1M | $81.3M | ||
| Q1 25 | $153.2M | $88.0M | ||
| Q4 24 | $138.8M | $104.2M | ||
| Q3 24 | $81.0M | $117.4M | ||
| Q2 24 | $99.8M | $130.8M | ||
| Q1 24 | $144.1M | $117.3M |
总债务ATECEGHT
| Q4 25 | $565.9M | $321.2M | ||
| Q3 25 | $559.7M | $325.8M | ||
| Q2 25 | $553.9M | $335.4M | ||
| Q1 25 | $548.4M | $350.0M | ||
| Q4 24 | $576.2M | $364.5M | ||
| Q3 24 | $527.7M | $396.9M | ||
| Q2 24 | $519.2M | — | ||
| Q1 24 | $514.4M | $409.7M |
股东权益ATECEGHT
| Q4 25 | $12.4M | $142.9M | ||
| Q3 25 | $11.5M | $133.2M | ||
| Q2 25 | $23.8M | $128.2M | ||
| Q1 25 | $-85.9M | $122.2M | ||
| Q4 24 | $-14.2M | $113.0M | ||
| Q3 24 | $-1.4M | $109.8M | ||
| Q2 24 | $17.1M | $104.6M | ||
| Q1 24 | $37.6M | $102.0M |
总资产ATECEGHT
| Q4 25 | $791.2M | $661.5M | ||
| Q3 25 | $787.2M | $670.8M | ||
| Q2 25 | $790.3M | $684.3M | ||
| Q1 25 | $785.5M | $683.2M | ||
| Q4 24 | $775.7M | $698.2M | ||
| Q3 24 | $745.9M | $740.1M | ||
| Q2 24 | $768.6M | $755.7M | ||
| Q1 24 | $774.6M | $756.0M |
负债/权益比ATECEGHT
| Q4 25 | 45.54× | 2.25× | ||
| Q3 25 | 48.64× | 2.45× | ||
| Q2 25 | 23.30× | 2.62× | ||
| Q1 25 | — | 2.86× | ||
| Q4 24 | — | 3.23× | ||
| Q3 24 | — | 3.61× | ||
| Q2 24 | 30.34× | — | ||
| Q1 24 | 13.70× | 4.02× |
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 | $20.7M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $19.1M |
| 自由现金流率自由现金流/营收 | 3.6% | 10.3% |
| 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 | — | 4.07× |
| 过去12个月自由现金流最近4个季度 | $2.8M | $43.8M |
8季度趋势，按日历期对齐
经营现金流ATECEGHT
| Q4 25 | $20.7M | $20.7M | ||
| Q3 25 | $14.0M | $8.8M | ||
| Q2 25 | $15.5M | $11.9M | ||
| Q1 25 | $-5.0M | $5.9M | ||
| Q4 24 | $10.5M | $27.2M | ||
| Q3 24 | $-5.3M | $12.3M | ||
| Q2 24 | $-11.4M | $18.1M | ||
| Q1 24 | $-38.4M | $12.7M |
自由现金流ATECEGHT
| Q4 25 | $7.7M | $19.1M | ||
| Q3 25 | $4.8M | $7.7M | ||
| Q2 25 | $5.2M | $11.5M | ||
| Q1 25 | $-15.0M | $5.5M | ||
| Q4 24 | $8.5M | $26.8M | ||
| Q3 24 | $-21.2M | $11.1M | ||
| Q2 24 | $-45.5M | $17.8M | ||
| Q1 24 | $-69.8M | $12.3M |
自由现金流率ATECEGHT
| Q4 25 | 3.6% | 10.3% | ||
| Q3 25 | 2.4% | 4.2% | ||
| Q2 25 | 2.8% | 6.3% | ||
| Q1 25 | -8.9% | 3.1% | ||
| Q4 24 | 4.8% | 15.0% | ||
| Q3 24 | -14.1% | 6.1% | ||
| Q2 24 | -31.3% | 10.0% | ||
| Q1 24 | -50.4% | 6.9% |
资本支出强度ATECEGHT
| Q4 25 | 6.1% | 0.9% | ||
| Q3 25 | 4.7% | 0.6% | ||
| Q2 25 | 5.6% | 0.2% | ||
| Q1 25 | 5.9% | 0.2% | ||
| Q4 24 | 1.1% | 0.3% | ||
| Q3 24 | 10.5% | 0.7% | ||
| Q2 24 | 23.4% | 0.2% | ||
| Q1 24 | 22.6% | 0.2% |
现金转化率ATECEGHT
| Q4 25 | — | 4.07× | ||
| Q3 25 | — | 11.52× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 9.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
EGHT
| Services | $179.7M | 97% |
| Other | $5.4M | 3% |
