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AeroVironment Inc（AVAV）与BLACKBAUD INC（BLKB）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是BLACKBAUD INC的1.7倍（$472.5M vs $281.1M），BLACKBAUD INC净利率更高（11.1% vs -3.6%，领先14.7%），AeroVironment Inc同比增速更快（181.9% vs 4.2%），BLACKBAUD INC自由现金流更多（$37.0M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs -1.1%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
Blackbaud是全球知名的云服务提供商，专注为非营利组织、基金会、企业、教育机构、医疗机构、宗教团体及个人公益推动者提供技术支持，旗下产品覆盖筹款、网站管理、客户关系管理、数据分析、财务管理、票务系统、教育管理等多元场景。
AVAV vs BLKB — 直观对比
营收规模更大
AVAV
是对方的1.7倍
$281.1M
营收增速更快
AVAV
高出177.7%
4.2%
净利率更高
BLKB
高出14.7%
-3.6%
自由现金流更多
BLKB
多$92.9M
$-55.9M
两年增速更快
AVAV
近两年复合增速
-1.1%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $281.1M |
| 净利润 | $-17.1M | $31.1M |
| 毛利率 | 22.0% | 59.2% |
| 营业利润率 | -6.4% | 18.3% |
| 净利率 | -3.6% | 11.1% |
| 营收同比 | 181.9% | 4.2% |
| 净利润同比 | -875.1% | 620.3% |
| 每股收益（稀释后） | $-0.34 | $0.67 |
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AVAVBLKB
| Q1 26 | — | $281.1M | ||
| Q4 25 | $472.5M | $295.3M | ||
| Q3 25 | $454.7M | $281.1M | ||
| Q2 25 | $275.1M | $282.0M | ||
| Q1 25 | $167.6M | $269.9M | ||
| Q4 24 | $188.5M | $302.1M | ||
| Q3 24 | $189.5M | $286.6M | ||
| Q2 24 | $197.0M | $287.3M |
净利润AVAVBLKB
| Q1 26 | — | $31.1M | ||
| Q4 25 | $-17.1M | $36.7M | ||
| Q3 25 | $-67.4M | $47.5M | ||
| Q2 25 | $16.7M | $26.5M | ||
| Q1 25 | $-1.8M | $4.3M | ||
| Q4 24 | $7.5M | $-346.4M | ||
| Q3 24 | $21.2M | $18.3M | ||
| Q2 24 | $6.0M | $21.2M |
毛利率AVAVBLKB
| Q1 26 | — | 59.2% | ||
| Q4 25 | 22.0% | 58.3% | ||
| Q3 25 | 20.9% | 59.6% | ||
| Q2 25 | 36.5% | 59.7% | ||
| Q1 25 | 37.7% | 57.5% | ||
| Q4 24 | 39.1% | 53.8% | ||
| Q3 24 | 43.0% | 54.9% | ||
| Q2 24 | 38.4% | 56.0% |
营业利润率AVAVBLKB
| Q1 26 | — | 18.3% | ||
| Q4 25 | -6.4% | 20.0% | ||
| Q3 25 | -15.2% | 19.4% | ||
| Q2 25 | 5.0% | 20.3% | ||
| Q1 25 | -1.8% | 7.3% | ||
| Q4 24 | 3.7% | -121.5% | ||
| Q3 24 | 12.2% | 14.4% | ||
| Q2 24 | 3.0% | 14.4% |
净利率AVAVBLKB
| Q1 26 | — | 11.1% | ||
| Q4 25 | -3.6% | 12.4% | ||
| Q3 25 | -14.8% | 16.9% | ||
| Q2 25 | 6.1% | 9.4% | ||
| Q1 25 | -1.0% | 1.6% | ||
| Q4 24 | 4.0% | -114.6% | ||
| Q3 24 | 11.2% | 6.4% | ||
| Q2 24 | 3.1% | 7.4% |
每股收益（稀释后）AVAVBLKB
| Q1 26 | — | $0.67 | ||
| Q4 25 | $-0.34 | $0.75 | ||
| Q3 25 | $-1.44 | $0.98 | ||
| Q2 25 | $0.59 | $0.55 | ||
| Q1 25 | $-0.06 | $0.09 | ||
| Q4 24 | $0.27 | $-6.82 | ||
| Q3 24 | $0.75 | $0.35 | ||
| Q2 24 | $0.18 | $0.41 |
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 | $588.5M | $34.1M |
| 总债务越低越好 | $747.5M | — |
| 股东权益账面价值 | $4.4B | $34.6M |
| 总资产 | $5.6B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资AVAVBLKB
| Q1 26 | — | $34.1M | ||
| Q4 25 | $588.5M | $38.9M | ||
| Q3 25 | $685.8M | $38.3M | ||
| Q2 25 | $40.9M | $41.6M | ||
| Q1 25 | $47.0M | $37.2M | ||
| Q4 24 | $69.0M | $67.6M | ||
| Q3 24 | $81.2M | $34.6M | ||
| Q2 24 | $73.3M | $30.4M |
总债务AVAVBLKB
| Q1 26 | — | — | ||
| Q4 25 | $747.5M | $1.1B | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | $1.1B | ||
| Q3 24 | $17.5M | $1.0B | ||
| Q2 24 | $28.0M | $1.0B |
股东权益AVAVBLKB
| Q1 26 | — | $34.6M | ||
| Q4 25 | $4.4B | $85.1M | ||
| Q3 25 | $4.4B | $108.2M | ||
| Q2 25 | $886.5M | $72.7M | ||
| Q1 25 | $861.1M | $17.5M | ||
| Q4 24 | $858.4M | $126.8M | ||
| Q3 24 | $845.5M | $544.8M | ||
| Q2 24 | $822.7M | $577.5M |
总资产AVAVBLKB
| Q1 26 | — | $2.1B | ||
| Q4 25 | $5.6B | $2.4B | ||
| Q3 25 | $5.6B | $2.1B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.0B | $2.5B | ||
| Q3 24 | $999.2M | $2.6B | ||
| Q2 24 | $1.0B | $3.0B |
负债/权益比AVAVBLKB
| Q1 26 | — | — | ||
| Q4 25 | 0.17× | 13.06× | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | 8.50× | ||
| Q3 24 | 0.02× | 1.84× | ||
| Q2 24 | 0.03× | 1.78× |
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 | $-45.1M | $51.5M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $37.0M |
| 自由现金流率自由现金流/营收 | -11.8% | 13.2% |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | — | 1.65× |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $294.1M |
8季度趋势，按日历期对齐
经营现金流AVAVBLKB
| Q1 26 | — | $51.5M | ||
| Q4 25 | $-45.1M | $58.0M | ||
| Q3 25 | $-123.7M | $139.2M | ||
| Q2 25 | $-264.0K | $66.9M | ||
| Q1 25 | $-25.8M | $1.4M | ||
| Q4 24 | $-3.6M | $73.6M | ||
| Q3 24 | $28.4M | $104.0M | ||
| Q2 24 | $-11.7M | $53.1M |
自由现金流AVAVBLKB
| Q1 26 | — | $37.0M | ||
| Q4 25 | $-55.9M | $55.0M | ||
| Q3 25 | $-146.5M | $135.7M | ||
| Q2 25 | $-8.8M | $66.3M | ||
| Q1 25 | $-29.6M | $712.0K | ||
| Q4 24 | $-8.7M | $73.4M | ||
| Q3 24 | $22.9M | $102.9M | ||
| Q2 24 | $-20.8M | $48.0M |
自由现金流率AVAVBLKB
| Q1 26 | — | 13.2% | ||
| Q4 25 | -11.8% | 18.6% | ||
| Q3 25 | -32.2% | 48.3% | ||
| Q2 25 | -3.2% | 23.5% | ||
| Q1 25 | -17.7% | 0.3% | ||
| Q4 24 | -4.6% | 24.3% | ||
| Q3 24 | 12.1% | 35.9% | ||
| Q2 24 | -10.5% | 16.7% |
资本支出强度AVAVBLKB
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 1.0% | ||
| Q3 25 | 5.0% | 1.2% | ||
| Q2 25 | 3.1% | 0.2% | ||
| Q1 25 | 2.3% | 0.3% | ||
| Q4 24 | 2.7% | 0.1% | ||
| Q3 24 | 2.9% | 0.4% | ||
| Q2 24 | 4.6% | 1.8% |
现金转化率AVAVBLKB
| Q1 26 | — | 1.65× | ||
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 2.93× | ||
| Q2 25 | -0.02× | 2.53× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | 5.69× | ||
| Q2 24 | -1.93× | 2.50× |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
BLKB
暂无分部数据
