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AeroVironment Inc（AVAV）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是AeroVironment Inc的1.7倍（$814.9M vs $472.5M），Ubiquiti Inc.净利率更高（28.7% vs -3.6%，领先32.3%），AeroVironment Inc同比增速更快（181.9% vs 35.8%），Ubiquiti Inc.自由现金流更多（$260.3M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 28.6%）
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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
AVAV vs UI — 直观对比
营收规模更大
UI
是对方的1.7倍
$472.5M
营收增速更快
AVAV
高出146.0%
35.8%
净利率更高
UI
高出32.3%
-3.6%
自由现金流更多
UI
多$316.2M
$-55.9M
两年增速更快
AVAV
近两年复合增速
28.6%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $814.9M |
| 净利润 | $-17.1M | $233.6M |
| 毛利率 | 22.0% | 45.9% |
| 营业利润率 | -6.4% | 35.9% |
| 净利率 | -3.6% | 28.7% |
| 营收同比 | 181.9% | 35.8% |
| 净利润同比 | -875.1% | 70.8% |
| 每股收益（稀释后） | $-0.34 | $3.86 |
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AVAVUI
| Q4 25 | $472.5M | $814.9M | ||
| Q3 25 | $454.7M | $733.8M | ||
| Q2 25 | $275.1M | $759.2M | ||
| Q1 25 | $167.6M | $664.2M | ||
| Q4 24 | $188.5M | $599.9M | ||
| Q3 24 | $189.5M | $550.3M | ||
| Q2 24 | $197.0M | $507.5M | ||
| Q1 24 | $186.6M | $493.0M |
净利润AVAVUI
| Q4 25 | $-17.1M | $233.6M | ||
| Q3 25 | $-67.4M | $207.9M | ||
| Q2 25 | $16.7M | $266.7M | ||
| Q1 25 | $-1.8M | $180.4M | ||
| Q4 24 | $7.5M | $136.8M | ||
| Q3 24 | $21.2M | $128.0M | ||
| Q2 24 | $6.0M | $103.8M | ||
| Q1 24 | $13.9M | $76.3M |
毛利率AVAVUI
| Q4 25 | 22.0% | 45.9% | ||
| Q3 25 | 20.9% | 46.0% | ||
| Q2 25 | 36.5% | 45.1% | ||
| Q1 25 | 37.7% | 44.5% | ||
| Q4 24 | 39.1% | 41.2% | ||
| Q3 24 | 43.0% | 42.1% | ||
| Q2 24 | 38.4% | 40.2% | ||
| Q1 24 | 36.1% | 35.3% |
营业利润率AVAVUI
| Q4 25 | -6.4% | 35.9% | ||
| Q3 25 | -15.2% | 35.7% | ||
| Q2 25 | 5.0% | 34.4% | ||
| Q1 25 | -1.8% | 34.2% | ||
| Q4 24 | 3.7% | 29.8% | ||
| Q3 24 | 12.2% | 30.7% | ||
| Q2 24 | 3.0% | 27.3% | ||
| Q1 24 | 7.7% | 22.6% |
净利率AVAVUI
| Q4 25 | -3.6% | 28.7% | ||
| Q3 25 | -14.8% | 28.3% | ||
| Q2 25 | 6.1% | 35.1% | ||
| Q1 25 | -1.0% | 27.2% | ||
| Q4 24 | 4.0% | 22.8% | ||
| Q3 24 | 11.2% | 23.3% | ||
| Q2 24 | 3.1% | 20.5% | ||
| Q1 24 | 7.4% | 15.5% |
每股收益（稀释后）AVAVUI
| Q4 25 | $-0.34 | $3.86 | ||
| Q3 25 | $-1.44 | $3.43 | ||
| Q2 25 | $0.59 | $4.40 | ||
| Q1 25 | $-0.06 | $2.98 | ||
| Q4 24 | $0.27 | $2.26 | ||
| Q3 24 | $0.75 | $2.12 | ||
| Q2 24 | $0.18 | $1.72 | ||
| Q1 24 | $0.50 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | $747.5M | $47.5M |
| 股东权益账面价值 | $4.4B | $1.0B |
| 总资产 | $5.6B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资AVAVUI
| Q4 25 | $588.5M | $302.8M | ||
| Q3 25 | $685.8M | $177.2M | ||
| Q2 25 | $40.9M | $149.7M | ||
| Q1 25 | $47.0M | $151.0M | ||
| Q4 24 | $69.0M | $133.1M | ||
| Q3 24 | $81.2M | $165.2M | ||
| Q2 24 | $73.3M | $126.3M | ||
| Q1 24 | $107.7M | $102.5M |
总债务AVAVUI
| Q4 25 | $747.5M | $47.5M | ||
| Q3 25 | $747.5M | $133.8M | ||
| Q2 25 | $30.0M | $250.0M | ||
| Q1 25 | $25.0M | $340.0M | ||
| Q4 24 | $15.0M | $406.3M | ||
| Q3 24 | $17.5M | $552.5M | ||
| Q2 24 | $28.0M | $708.1M | ||
| Q1 24 | $40.0M | $877.5M |
股东权益AVAVUI
| Q4 25 | $4.4B | $1.0B | ||
| Q3 25 | $4.4B | $828.4M | ||
| Q2 25 | $886.5M | $668.3M | ||
| Q1 25 | $861.1M | $436.1M | ||
| Q4 24 | $858.4M | $290.4M | ||
| Q3 24 | $845.5M | $188.1M | ||
| Q2 24 | $822.7M | $95.1M | ||
| Q1 24 | $813.0M | $25.9M |
总资产AVAVUI
| Q4 25 | $5.6B | $1.6B | ||
| Q3 25 | $5.6B | $1.5B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $999.2M | $1.2B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $980.3M | $1.2B |
负债/权益比AVAVUI
| Q4 25 | 0.17× | 0.05× | ||
| Q3 25 | 0.17× | 0.16× | ||
| Q2 25 | 0.03× | 0.37× | ||
| Q1 25 | 0.03× | 0.78× | ||
| Q4 24 | 0.02× | 1.40× | ||
| Q3 24 | 0.02× | 2.94× | ||
| Q2 24 | 0.03× | 7.45× | ||
| Q1 24 | 0.05× | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $260.3M |
| 自由现金流率自由现金流/营收 | -11.8% | 31.9% |
| 资本支出强度资本支出/营收 | 2.3% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $699.5M |
8季度趋势，按日历期对齐
经营现金流AVAVUI
| Q4 25 | $-45.1M | $263.9M | ||
| Q3 25 | $-123.7M | $198.5M | ||
| Q2 25 | $-264.0K | $130.4M | ||
| Q1 25 | $-25.8M | $123.6M | ||
| Q4 24 | $-3.6M | $152.4M | ||
| Q3 24 | $28.4M | $233.7M | ||
| Q2 24 | $-11.7M | $231.4M | ||
| Q1 24 | $52.6M | $163.9M |
自由现金流AVAVUI
| Q4 25 | $-55.9M | $260.3M | ||
| Q3 25 | $-146.5M | $193.3M | ||
| Q2 25 | $-8.8M | $125.2M | ||
| Q1 25 | $-29.6M | $120.7M | ||
| Q4 24 | $-8.7M | $150.4M | ||
| Q3 24 | $22.9M | $231.1M | ||
| Q2 24 | $-20.8M | $229.5M | ||
| Q1 24 | $48.8M | $160.6M |
自由现金流率AVAVUI
| Q4 25 | -11.8% | 31.9% | ||
| Q3 25 | -32.2% | 26.3% | ||
| Q2 25 | -3.2% | 16.5% | ||
| Q1 25 | -17.7% | 18.2% | ||
| Q4 24 | -4.6% | 25.1% | ||
| Q3 24 | 12.1% | 42.0% | ||
| Q2 24 | -10.5% | 45.2% | ||
| Q1 24 | 26.1% | 32.6% |
资本支出强度AVAVUI
| Q4 25 | 2.3% | 0.4% | ||
| Q3 25 | 5.0% | 0.7% | ||
| Q2 25 | 3.1% | 0.7% | ||
| Q1 25 | 2.3% | 0.4% | ||
| Q4 24 | 2.7% | 0.3% | ||
| Q3 24 | 2.9% | 0.5% | ||
| Q2 24 | 4.6% | 0.4% | ||
| Q1 24 | 2.0% | 0.7% |
现金转化率AVAVUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | -0.02× | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | -0.48× | 1.11× | ||
| Q3 24 | 1.34× | 1.83× | ||
| Q2 24 | -1.93× | 2.23× | ||
| Q1 24 | 3.79× | 2.15× |
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% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
