vs
Alphatec Holdings, Inc.（ATEC）与Penguin Solutions, Inc.（PENG）财务数据对比。点击上方公司名可切换其他公司
Penguin Solutions, Inc.的季度营收约是Alphatec Holdings, Inc.的1.6倍（$343.1M vs $212.9M），Penguin Solutions, Inc.净利率更高（1.5% vs -10.2%，领先11.7%），Alphatec Holdings, Inc.同比增速更快（20.4% vs 0.6%），Penguin Solutions, Inc.自由现金流更多（$28.2M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs 11.8%）
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。
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
ATEC vs PENG — 直观对比
营收规模更大
PENG
是对方的1.6倍
$212.9M
营收增速更快
ATEC
高出19.9%
0.6%
净利率更高
PENG
高出11.7%
-10.2%
自由现金流更多
PENG
多$20.5M
$7.7M
两年增速更快
ATEC
近两年复合增速
11.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $343.1M |
| 净利润 | $-21.7M | $5.3M |
| 毛利率 | 70.2% | 28.0% |
| 营业利润率 | -4.1% | 5.7% |
| 净利率 | -10.2% | 1.5% |
| 营收同比 | 20.4% | 0.6% |
| 净利润同比 | 34.8% | 1.0% |
| 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ATECPENG
| Q4 25 | $212.9M | $343.1M | ||
| Q3 25 | $196.5M | $337.9M | ||
| Q2 25 | $185.5M | $324.3M | ||
| Q1 25 | $169.2M | $365.5M | ||
| Q4 24 | $176.8M | $341.1M | ||
| Q3 24 | $150.7M | $284.8M | ||
| Q2 24 | $145.6M | $300.6M | ||
| Q1 24 | $138.5M | — |
净利润ATECPENG
| Q4 25 | $-21.7M | $5.3M | ||
| Q3 25 | $-28.6M | $9.4M | ||
| Q2 25 | $-41.1M | $2.7M | ||
| Q1 25 | $-51.9M | $8.1M | ||
| Q4 24 | $-33.3M | $5.2M | ||
| Q3 24 | $-39.6M | — | ||
| Q2 24 | $-40.7M | $5.6M | ||
| Q1 24 | $-48.5M | — |
毛利率ATECPENG
| Q4 25 | 70.2% | 28.0% | ||
| Q3 25 | 69.9% | 28.6% | ||
| Q2 25 | 69.6% | 29.3% | ||
| Q1 25 | 68.6% | 28.6% | ||
| Q4 24 | 68.8% | 28.7% | ||
| Q3 24 | 68.2% | 28.8% | ||
| Q2 24 | 70.5% | 29.6% | ||
| Q1 24 | 70.3% | — |
营业利润率ATECPENG
| Q4 25 | -4.1% | 5.7% | ||
| Q3 25 | -8.1% | 3.7% | ||
| Q2 25 | -7.1% | 3.0% | ||
| Q1 25 | -26.2% | 5.1% | ||
| Q4 24 | -13.5% | 5.1% | ||
| Q3 24 | -22.4% | -1.2% | ||
| Q2 24 | -24.3% | 3.8% | ||
| Q1 24 | -31.3% | — |
净利率ATECPENG
| Q4 25 | -10.2% | 1.5% | ||
| Q3 25 | -14.5% | 2.8% | ||
| Q2 25 | -22.2% | 0.8% | ||
| Q1 25 | -30.7% | 2.2% | ||
| Q4 24 | -18.9% | 1.5% | ||
| Q3 24 | -26.3% | — | ||
| Q2 24 | -27.9% | 1.9% | ||
| Q1 24 | -35.0% | — |
每股收益（稀释后）ATECPENG
| Q4 25 | $-0.15 | $0.04 | ||
| Q3 25 | $-0.19 | $0.10 | ||
| Q2 25 | $-0.27 | $-0.01 | ||
| Q1 25 | $-0.35 | $0.09 | ||
| Q4 24 | $-0.22 | $0.10 | ||
| Q3 24 | $-0.28 | — | ||
| Q2 24 | $-0.29 | $0.10 | ||
| Q1 24 | $-0.34 | — |
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 | $461.5M |
| 总债务越低越好 | $565.9M | $462.3M |
| 股东权益账面价值 | $12.4M | $389.7M |
| 总资产 | $791.2M | $1.6B |
| 负债/权益比越低杠杆越低 | 45.54× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资ATECPENG
| Q4 25 | $160.8M | $461.5M | ||
| Q3 25 | $155.7M | $453.8M | ||
| Q2 25 | $157.1M | $735.5M | ||
| Q1 25 | $153.2M | $647.0M | ||
| Q4 24 | $138.8M | $393.7M | ||
| Q3 24 | $81.0M | $389.5M | ||
| Q2 24 | $99.8M | $467.5M | ||
| Q1 24 | $144.1M | — |
总债务ATECPENG
| Q4 25 | $565.9M | $462.3M | ||
| Q3 25 | $559.7M | $461.8M | ||
| Q2 25 | $553.9M | $659.5M | ||
| Q1 25 | $548.4M | $658.8M | ||
| Q4 24 | $576.2M | $658.1M | ||
| Q3 24 | $527.7M | $657.3M | ||
| Q2 24 | $519.2M | $667.0M | ||
| Q1 24 | $514.4M | — |
股东权益ATECPENG
| Q4 25 | $12.4M | $389.7M | ||
| Q3 25 | $11.5M | $394.2M | ||
| Q2 25 | $23.8M | $584.8M | ||
| Q1 25 | $-85.9M | $602.5M | ||
| Q4 24 | $-14.2M | $400.4M | ||
| Q3 24 | $-1.4M | $391.4M | ||
| Q2 24 | $17.1M | $423.4M | ||
| Q1 24 | $37.6M | — |
总资产ATECPENG
| Q4 25 | $791.2M | $1.6B | ||
| Q3 25 | $787.2M | $1.6B | ||
| Q2 25 | $790.3M | $1.8B | ||
| Q1 25 | $785.5M | $1.8B | ||
| Q4 24 | $775.7M | $1.6B | ||
| Q3 24 | $745.9M | $1.5B | ||
| Q2 24 | $768.6M | $1.5B | ||
| Q1 24 | $774.6M | — |
负债/权益比ATECPENG
| Q4 25 | 45.54× | 1.19× | ||
| Q3 25 | 48.64× | 1.17× | ||
| Q2 25 | 23.30× | 1.13× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.68× | ||
| Q2 24 | 30.34× | 1.58× | ||
| 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 | $31.1M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $28.2M |
| 自由现金流率自由现金流/营收 | 3.6% | 8.2% |
| 资本支出强度资本支出/营收 | 6.1% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 5.89× |
| 过去12个月自由现金流最近4个季度 | $2.8M | $116.3M |
8季度趋势，按日历期对齐
经营现金流ATECPENG
| Q4 25 | $20.7M | $31.1M | ||
| Q3 25 | $14.0M | $-70.4M | ||
| Q2 25 | $15.5M | $92.8M | ||
| Q1 25 | $-5.0M | $72.9M | ||
| Q4 24 | $10.5M | $13.8M | ||
| Q3 24 | $-5.3M | — | ||
| Q2 24 | $-11.4M | $57.9M | ||
| Q1 24 | $-38.4M | — |
自由现金流ATECPENG
| Q4 25 | $7.7M | $28.2M | ||
| Q3 25 | $4.8M | $-73.4M | ||
| Q2 25 | $5.2M | $90.9M | ||
| Q1 25 | $-15.0M | $70.5M | ||
| Q4 24 | $8.5M | $12.0M | ||
| Q3 24 | $-21.2M | — | ||
| Q2 24 | $-45.5M | $48.9M | ||
| Q1 24 | $-69.8M | — |
自由现金流率ATECPENG
| Q4 25 | 3.6% | 8.2% | ||
| Q3 25 | 2.4% | -21.7% | ||
| Q2 25 | 2.8% | 28.0% | ||
| Q1 25 | -8.9% | 19.3% | ||
| Q4 24 | 4.8% | 3.5% | ||
| Q3 24 | -14.1% | — | ||
| Q2 24 | -31.3% | 16.3% | ||
| Q1 24 | -50.4% | — |
资本支出强度ATECPENG
| Q4 25 | 6.1% | 0.8% | ||
| Q3 25 | 4.7% | 0.9% | ||
| Q2 25 | 5.6% | 0.6% | ||
| Q1 25 | 5.9% | 0.6% | ||
| Q4 24 | 1.1% | 0.5% | ||
| Q3 24 | 10.5% | — | ||
| Q2 24 | 23.4% | 3.0% | ||
| Q1 24 | 22.6% | — |
现金转化率ATECPENG
| Q4 25 | — | 5.89× | ||
| Q3 25 | — | -7.47× | ||
| Q2 25 | — | 34.88× | ||
| Q1 25 | — | 9.02× | ||
| Q4 24 | — | 2.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 10.30× | ||
| 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
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
