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Alphatec Holdings, Inc.（ATEC）与ROGERS CORP（ROG）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ROGERS CORP的1.1倍（$212.9M vs $200.5M），ROGERS CORP净利率更高（2.2% vs -10.2%，领先12.4%），Alphatec Holdings, Inc.同比增速更快（20.4% vs 5.2%），Alphatec Holdings, Inc.自由现金流更多（$7.7M vs $1.1M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs -3.3%）
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。
罗杰斯公司是一家专注于特种工程材料研发生产的企业，总部位于美国亚利桑那州钱德勒市，其产品广泛应用于先进电子、移动通信、清洁能源、航空航天等多个高科技领域，为全球客户提供高性能材料解决方案。
ATEC vs ROG — 直观对比
营收规模更大
ATEC
是对方的1.1倍
$200.5M
营收增速更快
ATEC
高出15.2%
5.2%
净利率更高
ROG
高出12.4%
-10.2%
自由现金流更多
ATEC
多$6.6M
$1.1M
两年增速更快
ATEC
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $200.5M |
| 净利润 | $-21.7M | $4.5M |
| 毛利率 | 70.2% | 32.2% |
| 营业利润率 | -4.1% | — |
| 净利率 | -10.2% | 2.2% |
| 营收同比 | 20.4% | 5.2% |
| 净利润同比 | 34.8% | 421.4% |
| 每股收益（稀释后） | $-0.15 | $0.25 |
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ATECROG
| Q1 26 | — | $200.5M | ||
| Q4 25 | $212.9M | $201.5M | ||
| Q3 25 | $196.5M | $216.0M | ||
| Q2 25 | $185.5M | $202.8M | ||
| Q1 25 | $169.2M | $190.5M | ||
| Q4 24 | $176.8M | $192.2M | ||
| Q3 24 | $150.7M | $210.3M | ||
| Q2 24 | $145.6M | $214.2M |
净利润ATECROG
| Q1 26 | — | $4.5M | ||
| Q4 25 | $-21.7M | $4.6M | ||
| Q3 25 | $-28.6M | $8.6M | ||
| Q2 25 | $-41.1M | $-73.6M | ||
| Q1 25 | $-51.9M | $-1.4M | ||
| Q4 24 | $-33.3M | $-500.0K | ||
| Q3 24 | $-39.6M | $10.7M | ||
| Q2 24 | $-40.7M | $8.1M |
毛利率ATECROG
| Q1 26 | — | 32.2% | ||
| Q4 25 | 70.2% | 31.5% | ||
| Q3 25 | 69.9% | 33.5% | ||
| Q2 25 | 69.6% | 31.6% | ||
| Q1 25 | 68.6% | 29.9% | ||
| Q4 24 | 68.8% | 32.1% | ||
| Q3 24 | 68.2% | 35.2% | ||
| Q2 24 | 70.5% | 34.1% |
营业利润率ATECROG
| Q1 26 | — | — | ||
| Q4 25 | -4.1% | 3.5% | ||
| Q3 25 | -8.1% | 7.3% | ||
| Q2 25 | -7.1% | -33.3% | ||
| Q1 25 | -26.2% | -0.2% | ||
| Q4 24 | -13.5% | -6.6% | ||
| Q3 24 | -22.4% | 6.9% | ||
| Q2 24 | -24.3% | 5.3% |
净利率ATECROG
| Q1 26 | — | 2.2% | ||
| Q4 25 | -10.2% | 2.3% | ||
| Q3 25 | -14.5% | 4.0% | ||
| Q2 25 | -22.2% | -36.3% | ||
| Q1 25 | -30.7% | -0.7% | ||
| Q4 24 | -18.9% | -0.3% | ||
| Q3 24 | -26.3% | 5.1% | ||
| Q2 24 | -27.9% | 3.8% |
每股收益（稀释后）ATECROG
| Q1 26 | — | $0.25 | ||
| Q4 25 | $-0.15 | $0.20 | ||
| Q3 25 | $-0.19 | $0.48 | ||
| Q2 25 | $-0.27 | $-4.00 | ||
| Q1 25 | $-0.35 | $-0.08 | ||
| Q4 24 | $-0.22 | $-0.04 | ||
| Q3 24 | $-0.28 | $0.58 | ||
| Q2 24 | $-0.29 | $0.44 |
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 | $195.8M |
| 总债务越低越好 | $565.9M | — |
| 股东权益账面价值 | $12.4M | $1.2B |
| 总资产 | $791.2M | $1.4B |
| 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ATECROG
| Q1 26 | — | $195.8M | ||
| Q4 25 | $160.8M | $197.0M | ||
| Q3 25 | $155.7M | $167.8M | ||
| Q2 25 | $157.1M | $157.2M | ||
| Q1 25 | $153.2M | $175.6M | ||
| Q4 24 | $138.8M | $159.8M | ||
| Q3 24 | $81.0M | $146.4M | ||
| Q2 24 | $99.8M | $119.9M |
总债务ATECROG
| Q1 26 | — | — | ||
| 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 | — |
股东权益ATECROG
| Q1 26 | — | $1.2B | ||
| Q4 25 | $12.4M | $1.2B | ||
| Q3 25 | $11.5M | $1.2B | ||
| Q2 25 | $23.8M | $1.2B | ||
| Q1 25 | $-85.9M | $1.3B | ||
| Q4 24 | $-14.2M | $1.3B | ||
| Q3 24 | $-1.4M | $1.3B | ||
| Q2 24 | $17.1M | $1.3B |
总资产ATECROG
| Q1 26 | — | $1.4B | ||
| Q4 25 | $791.2M | $1.4B | ||
| Q3 25 | $787.2M | $1.4B | ||
| Q2 25 | $790.3M | $1.5B | ||
| Q1 25 | $785.5M | $1.5B | ||
| Q4 24 | $775.7M | $1.5B | ||
| Q3 24 | $745.9M | $1.5B | ||
| Q2 24 | $768.6M | $1.5B |
负债/权益比ATECROG
| Q1 26 | — | — | ||
| Q4 25 | 45.54× | — | ||
| Q3 25 | 48.64× | — | ||
| Q2 25 | 23.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 30.34× | — |
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 | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $1.1M |
| 自由现金流率自由现金流/营收 | 3.6% | 0.5% |
| 资本支出强度资本支出/营收 | 6.1% | 2.3% |
| 现金转化率经营现金流/净利润 | — | 1.29× |
| 过去12个月自由现金流最近4个季度 | $2.8M | $70.1M |
8季度趋势，按日历期对齐
经营现金流ATECROG
| Q1 26 | — | $5.8M | ||
| Q4 25 | $20.7M | $46.9M | ||
| Q3 25 | $14.0M | $28.9M | ||
| Q2 25 | $15.5M | $13.7M | ||
| Q1 25 | $-5.0M | $11.7M | ||
| Q4 24 | $10.5M | $33.7M | ||
| Q3 24 | $-5.3M | $42.4M | ||
| Q2 24 | $-11.4M | $22.9M |
自由现金流ATECROG
| Q1 26 | — | $1.1M | ||
| Q4 25 | $7.7M | $42.2M | ||
| Q3 25 | $4.8M | $21.2M | ||
| Q2 25 | $5.2M | $5.6M | ||
| Q1 25 | $-15.0M | $2.1M | ||
| Q4 24 | $8.5M | $18.3M | ||
| Q3 24 | $-21.2M | $25.2M | ||
| Q2 24 | $-45.5M | $8.8M |
自由现金流率ATECROG
| Q1 26 | — | 0.5% | ||
| Q4 25 | 3.6% | 20.9% | ||
| Q3 25 | 2.4% | 9.8% | ||
| Q2 25 | 2.8% | 2.8% | ||
| Q1 25 | -8.9% | 1.1% | ||
| Q4 24 | 4.8% | 9.5% | ||
| Q3 24 | -14.1% | 12.0% | ||
| Q2 24 | -31.3% | 4.1% |
资本支出强度ATECROG
| Q1 26 | — | 2.3% | ||
| Q4 25 | 6.1% | 2.3% | ||
| Q3 25 | 4.7% | 3.6% | ||
| Q2 25 | 5.6% | 4.0% | ||
| Q1 25 | 5.9% | 5.0% | ||
| Q4 24 | 1.1% | 8.0% | ||
| Q3 24 | 10.5% | 8.2% | ||
| Q2 24 | 23.4% | 6.6% |
现金转化率ATECROG
| Q1 26 | — | 1.29× | ||
| Q4 25 | — | 10.20× | ||
| Q3 25 | — | 3.36× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.96× | ||
| Q2 24 | — | 2.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
