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Alphatec Holdings, Inc.（ATEC）与RESOURCES CONNECTION, INC.（RGP）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RESOURCES CONNECTION, INC.的1.8倍（$212.9M vs $117.7M），Alphatec Holdings, Inc.净利率更高（-10.2% vs -10.8%，领先0.5%），Alphatec Holdings, Inc.同比增速更快（20.4% vs -19.2%），RESOURCES CONNECTION, INC.自由现金流更多（$15.6M 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。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
ATEC vs RGP — 直观对比
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $117.7M |
| 净利润 | $-21.7M | $-12.7M |
| 毛利率 | 70.2% | 37.1% |
| 营业利润率 | -4.1% | -10.3% |
| 净利率 | -10.2% | -10.8% |
| 营收同比 | 20.4% | -19.2% |
| 净利润同比 | 34.8% | 81.6% |
| 每股收益（稀释后） | $-0.15 | $-0.38 |
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
| Q4 25 | $212.9M | $117.7M | ||
| Q3 25 | $196.5M | $120.2M | ||
| Q2 25 | $185.5M | $139.3M | ||
| Q1 25 | $169.2M | $129.4M | ||
| Q4 24 | $176.8M | $145.6M | ||
| Q3 24 | $150.7M | $136.9M | ||
| Q2 24 | $145.6M | $148.2M | ||
| Q1 24 | $138.5M | $151.3M |
| Q4 25 | $-21.7M | $-12.7M | ||
| Q3 25 | $-28.6M | $-2.4M | ||
| Q2 25 | $-41.1M | $-73.3M | ||
| Q1 25 | $-51.9M | $-44.1M | ||
| Q4 24 | $-33.3M | $-68.7M | ||
| Q3 24 | $-39.6M | $-5.7M | ||
| Q2 24 | $-40.7M | $10.5M | ||
| Q1 24 | $-48.5M | $2.5M |
| Q4 25 | 70.2% | 37.1% | ||
| Q3 25 | 69.9% | 39.5% | ||
| Q2 25 | 69.6% | 40.2% | ||
| Q1 25 | 68.6% | 35.1% | ||
| Q4 24 | 68.8% | 38.5% | ||
| Q3 24 | 68.2% | 36.5% | ||
| Q2 24 | 70.5% | 40.2% | ||
| Q1 24 | 70.3% | 37.0% |
| Q4 25 | -4.1% | -10.3% | ||
| Q3 25 | -8.1% | -1.7% | ||
| Q2 25 | -7.1% | -47.0% | ||
| Q1 25 | -26.2% | -38.4% | ||
| Q4 24 | -13.5% | -52.7% | ||
| Q3 24 | -22.4% | -3.5% | ||
| Q2 24 | -24.3% | 7.6% | ||
| Q1 24 | -31.3% | 2.8% |
| Q4 25 | -10.2% | -10.8% | ||
| Q3 25 | -14.5% | -2.0% | ||
| Q2 25 | -22.2% | -52.6% | ||
| Q1 25 | -30.7% | -34.0% | ||
| Q4 24 | -18.9% | -47.2% | ||
| Q3 24 | -26.3% | -4.2% | ||
| Q2 24 | -27.9% | 7.1% | ||
| Q1 24 | -35.0% | 1.7% |
| Q4 25 | $-0.15 | $-0.38 | ||
| Q3 25 | $-0.19 | $-0.07 | ||
| Q2 25 | $-0.27 | $-2.21 | ||
| Q1 25 | $-0.35 | $-1.34 | ||
| Q4 24 | $-0.22 | $-2.08 | ||
| Q3 24 | $-0.28 | $-0.17 | ||
| Q2 24 | $-0.29 | $0.31 | ||
| Q1 24 | $-0.34 | $0.08 |
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 | $89.8M |
| 总债务越低越好 | $565.9M | — |
| 股东权益账面价值 | $12.4M | $194.6M |
| 总资产 | $791.2M | $289.3M |
| 负债/权益比越低杠杆越低 | 45.54× | — |
8季度趋势，按日历期对齐
| Q4 25 | $160.8M | $89.8M | ||
| Q3 25 | $155.7M | $77.5M | ||
| Q2 25 | $157.1M | $86.1M | ||
| Q1 25 | $153.2M | $72.5M | ||
| Q4 24 | $138.8M | $78.2M | ||
| Q3 24 | $81.0M | $89.6M | ||
| Q2 24 | $99.8M | $108.9M | ||
| Q1 24 | $144.1M | $113.8M |
| Q4 25 | $565.9M | — | ||
| Q3 25 | $559.7M | — | ||
| Q2 25 | $553.9M | — | ||
| Q1 25 | $548.4M | — | ||
| Q4 24 | $576.2M | — | ||
| Q3 24 | $527.7M | — | ||
| Q2 24 | $519.2M | — | ||
| Q1 24 | $514.4M | — |
| Q4 25 | $12.4M | $194.6M | ||
| Q3 25 | $11.5M | $206.4M | ||
| Q2 25 | $23.8M | $207.1M | ||
| Q1 25 | $-85.9M | $277.8M | ||
| Q4 24 | $-14.2M | $325.7M | ||
| Q3 24 | $-1.4M | $407.2M | ||
| Q2 24 | $17.1M | $418.8M | ||
| Q1 24 | $37.6M | $414.9M |
| Q4 25 | $791.2M | $289.3M | ||
| Q3 25 | $787.2M | $287.2M | ||
| Q2 25 | $790.3M | $304.7M | ||
| Q1 25 | $785.5M | $375.6M | ||
| Q4 24 | $775.7M | $424.9M | ||
| Q3 24 | $745.9M | $512.9M | ||
| Q2 24 | $768.6M | $510.9M | ||
| Q1 24 | $774.6M | $523.2M |
| Q4 25 | 45.54× | — | ||
| Q3 25 | 48.64× | — | ||
| Q2 25 | 23.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $15.6M |
| 自由现金流率自由现金流/营收 | 3.6% | 13.2% |
| 资本支出强度资本支出/营收 | 6.1% | 0.3% |
| 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 | $24.3M |
8季度趋势，按日历期对齐
| Q4 25 | $20.7M | $15.9M | ||
| Q3 25 | $14.0M | $-7.8M | ||
| Q2 25 | $15.5M | $16.8M | ||
| Q1 25 | $-5.0M | $659.0K | ||
| Q4 24 | $10.5M | $1.8M | ||
| Q3 24 | $-5.3M | $-309.0K | ||
| Q2 24 | $-11.4M | $3.2M | ||
| Q1 24 | $-38.4M | $20.5M |
| Q4 25 | $7.7M | $15.6M | ||
| Q3 25 | $4.8M | $-8.0M | ||
| Q2 25 | $5.2M | $16.5M | ||
| Q1 25 | $-15.0M | $238.0K | ||
| Q4 24 | $8.5M | $61.0K | ||
| Q3 24 | $-21.2M | $-575.0K | ||
| Q2 24 | $-45.5M | $3.0M | ||
| Q1 24 | $-69.8M | $20.4M |
| Q4 25 | 3.6% | 13.2% | ||
| Q3 25 | 2.4% | -6.6% | ||
| Q2 25 | 2.8% | 11.8% | ||
| Q1 25 | -8.9% | 0.2% | ||
| Q4 24 | 4.8% | 0.0% | ||
| Q3 24 | -14.1% | -0.4% | ||
| Q2 24 | -31.3% | 2.1% | ||
| Q1 24 | -50.4% | 13.5% |
| Q4 25 | 6.1% | 0.3% | ||
| Q3 25 | 4.7% | 0.1% | ||
| Q2 25 | 5.6% | 0.2% | ||
| Q1 25 | 5.9% | 0.3% | ||
| Q4 24 | 1.1% | 1.2% | ||
| Q3 24 | 10.5% | 0.2% | ||
| Q2 24 | 23.4% | 0.1% | ||
| Q1 24 | 22.6% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 8.04× |
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
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
