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ATN International, Inc.（ATNI）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
ATN International, Inc.的季度营收约是Ribbon Communications Inc.的1.0倍（$169.1M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs -4.0%，领先58.8%），ATN International, Inc.同比增速更快（1.2% vs -10.3%），过去两年ATN International, Inc.的营收复合增速更高（-1.1% vs -8.1%）
ATN International是一家上市电信企业，总部位于美国马萨诸塞州贝弗利，前身为大西洋电信网络公司。该公司运营数字无线、固线通信网络，以及地面和海底光纤网络，服务于地理分散、地形复杂的市场，覆盖美国的平原、沙漠与山区等区域。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
ATNI vs RBBN — 直观对比
营收规模更大
ATNI
是对方的1.0倍
$162.6M
营收增速更快
ATNI
高出11.5%
-10.3%
净利率更高
RBBN
高出58.8%
-4.0%
两年增速更快
ATNI
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $169.1M | $162.6M |
| 净利润 | $-6.8M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 9.3% | 37.6% |
| 净利率 | -4.0% | 54.8% |
| 营收同比 | 1.2% | -10.3% |
| 净利润同比 | -261.7% | — |
| 每股收益（稀释后） | $-0.31 | $0.50 |
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ATNIRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $169.1M | $227.3M | ||
| Q3 25 | $166.9M | $215.4M | ||
| Q2 25 | $166.5M | $220.6M | ||
| Q1 25 | $164.6M | $181.3M | ||
| Q4 24 | $167.1M | $251.4M | ||
| Q3 24 | $164.6M | $210.2M | ||
| Q2 24 | $169.4M | $192.6M |
净利润ATNIRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-6.8M | — | ||
| Q3 25 | $3.9M | $-12.1M | ||
| Q2 25 | $-9.3M | $-11.1M | ||
| Q1 25 | $-11.4M | $-26.2M | ||
| Q4 24 | $4.2M | — | ||
| Q3 24 | $-39.5M | $-13.4M | ||
| Q2 24 | $11.3M | $-16.8M |
毛利率ATNIRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率ATNIRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 9.3% | 4.1% | ||
| Q3 25 | 5.9% | 1.3% | ||
| Q2 25 | 0.1% | 1.9% | ||
| Q1 25 | 1.6% | -10.8% | ||
| Q4 24 | 5.2% | 13.2% | ||
| Q3 24 | -23.3% | -0.4% | ||
| Q2 24 | 14.4% | -1.0% |
净利率ATNIRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -4.0% | — | ||
| Q3 25 | 2.4% | -5.6% | ||
| Q2 25 | -5.6% | -5.0% | ||
| Q1 25 | -6.9% | -14.5% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | -24.0% | -6.4% | ||
| Q2 24 | 6.7% | -8.7% |
每股收益（稀释后）ATNIRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.31 | $0.50 | ||
| Q3 25 | $0.18 | $-0.07 | ||
| Q2 25 | $-0.56 | $-0.06 | ||
| Q1 25 | $-0.69 | $-0.15 | ||
| Q4 24 | $0.16 | $0.05 | ||
| Q3 24 | $-2.26 | $-0.08 | ||
| Q2 24 | $0.50 | $-0.10 |
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 | $102.9M | $67.6M |
| 总债务越低越好 | $565.2M | — |
| 股东权益账面价值 | $444.3M | $419.1M |
| 总资产 | $1.7B | — |
| 负债/权益比越低杠杆越低 | 1.27× | — |
8季度趋势，按日历期对齐
现金及短期投资ATNIRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $102.9M | $96.4M | ||
| Q3 25 | $106.6M | $74.8M | ||
| Q2 25 | $99.4M | $60.5M | ||
| Q1 25 | $83.8M | $71.2M | ||
| Q4 24 | $73.7M | $87.8M | ||
| Q3 24 | $101.0M | $37.2M | ||
| Q2 24 | $59.2M | $64.6M |
总债务ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $565.2M | $342.1M | ||
| Q3 25 | $579.6M | $344.3M | ||
| Q2 25 | $583.4M | $346.5M | ||
| Q1 25 | $562.4M | $347.4M | ||
| Q4 24 | $557.4M | $348.3M | ||
| Q3 24 | $568.9M | $349.1M | ||
| Q2 24 | $540.8M | $350.0M |
股东权益ATNIRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $444.3M | $449.0M | ||
| Q3 25 | $452.3M | $360.1M | ||
| Q2 25 | $458.7M | $370.4M | ||
| Q1 25 | $473.3M | $381.8M | ||
| Q4 24 | $489.5M | $404.6M | ||
| Q3 24 | $490.8M | $395.5M | ||
| Q2 24 | $526.8M | $405.0M |
总资产ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.7B | $1.1B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $1.8B | $1.1B |
负债/权益比ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.27× | 0.76× | ||
| Q3 25 | 1.28× | 0.96× | ||
| Q2 25 | 1.27× | 0.94× | ||
| Q1 25 | 1.19× | 0.91× | ||
| Q4 24 | 1.14× | 0.86× | ||
| Q3 24 | 1.16× | 0.88× | ||
| Q2 24 | 1.03× | 0.86× |
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 | $36.2M | — |
| 自由现金流经营现金流 - 资本支出 | $7.1M | — |
| 自由现金流率自由现金流/营收 | 4.2% | — |
| 资本支出强度资本支出/营收 | 17.2% | — |
| 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 | $43.9M | — |
8季度趋势，按日历期对齐
经营现金流ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $36.2M | $29.2M | ||
| Q3 25 | $37.8M | $26.5M | ||
| Q2 25 | $23.9M | $-795.0K | ||
| Q1 25 | $35.9M | $-3.5M | ||
| Q4 24 | $30.5M | $61.8M | ||
| Q3 24 | $39.0M | $-14.8M | ||
| Q2 24 | $35.2M | $-9.8M |
自由现金流ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | $7.1M | $27.3M | ||
| Q3 25 | $18.9M | $21.0M | ||
| Q2 25 | $2.8M | $-6.5M | ||
| Q1 25 | $15.1M | $-15.7M | ||
| Q4 24 | $5.8M | $53.8M | ||
| Q3 24 | $15.2M | $-23.7M | ||
| Q2 24 | $9.4M | $-12.9M |
自由现金流率ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 12.0% | ||
| Q3 25 | 11.3% | 9.7% | ||
| Q2 25 | 1.7% | -2.9% | ||
| Q1 25 | 9.2% | -8.7% | ||
| Q4 24 | 3.5% | 21.4% | ||
| Q3 24 | 9.2% | -11.3% | ||
| Q2 24 | 5.6% | -6.7% |
资本支出强度ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | 0.9% | ||
| Q3 25 | 11.3% | 2.6% | ||
| Q2 25 | 12.7% | 2.6% | ||
| Q1 25 | 12.7% | 6.7% | ||
| Q4 24 | 14.8% | 3.2% | ||
| Q3 24 | 14.5% | 4.2% | ||
| Q2 24 | 15.2% | 1.6% |
现金转化率ATNIRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 9.62× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 7.24× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.11× | — |
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
ATNI
| Us Telecommunications | $86.9M | 51% |
| Fixed Consumer | $42.8M | 25% |
| Fixed Business | $18.5M | 11% |
| Transferred At Point In Time | $7.2M | 4% |
| Mobility Business | $5.3M | 3% |
| Other Revenue | $4.2M | 2% |
| Other Communication Services | $3.2M | 2% |
| Managed Services | $1.2M | 1% |
| Construction Services | $448.0K | 0% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
