vs
AeroVironment Inc（AVAV）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是世纪互联的1.3倍（$472.5M vs $362.7M），AeroVironment Inc净利率更高（-3.6% vs -10.7%，领先7.0%），AeroVironment Inc自由现金流更多（$-55.9M vs $-193.1M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 17.4%）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
AVAV vs VNET — 直观对比
营收规模更大
AVAV
是对方的1.3倍
$362.7M
净利率更高
AVAV
高出7.0%
-10.7%
自由现金流更多
AVAV
多$137.2M
$-193.1M
两年增速更快
AVAV
近两年复合增速
17.4%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $362.7M |
| 净利润 | $-17.1M | $-38.7M |
| 毛利率 | 22.0% | 20.9% |
| 营业利润率 | -6.4% | 0.5% |
| 净利率 | -3.6% | -10.7% |
| 营收同比 | 181.9% | — |
| 净利润同比 | -875.1% | — |
| 每股收益（稀释后） | $-0.34 | — |
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AVAVVNET
| Q4 25 | $472.5M | — | ||
| Q3 25 | $454.7M | $362.7M | ||
| Q2 25 | $275.1M | — | ||
| Q1 25 | $167.6M | $309.5M | ||
| Q4 24 | $188.5M | — | ||
| Q3 24 | $189.5M | $302.2M | ||
| Q2 24 | $197.0M | $274.4M | ||
| Q1 24 | $186.6M | $262.9M |
净利润AVAVVNET
| Q4 25 | $-17.1M | — | ||
| Q3 25 | $-67.4M | $-38.7M | ||
| Q2 25 | $16.7M | — | ||
| Q1 25 | $-1.8M | $-2.4M | ||
| Q4 24 | $7.5M | — | ||
| Q3 24 | $21.2M | $-2.1M | ||
| Q2 24 | $6.0M | $-1.1M | ||
| Q1 24 | $13.9M | $-22.0M |
毛利率AVAVVNET
| Q4 25 | 22.0% | — | ||
| Q3 25 | 20.9% | 20.9% | ||
| Q2 25 | 36.5% | — | ||
| Q1 25 | 37.7% | 25.2% | ||
| Q4 24 | 39.1% | — | ||
| Q3 24 | 43.0% | 23.2% | ||
| Q2 24 | 38.4% | 21.3% | ||
| Q1 24 | 36.1% | 21.6% |
营业利润率AVAVVNET
| Q4 25 | -6.4% | — | ||
| Q3 25 | -15.2% | 0.5% | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | -1.8% | 0.1% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 12.2% | 24.5% | ||
| Q2 24 | 3.0% | 0.2% | ||
| Q1 24 | 7.7% | 0.2% |
净利率AVAVVNET
| Q4 25 | -3.6% | — | ||
| Q3 25 | -14.8% | -10.7% | ||
| Q2 25 | 6.1% | — | ||
| Q1 25 | -1.0% | -0.8% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 11.2% | -0.7% | ||
| Q2 24 | 3.1% | -0.4% | ||
| Q1 24 | 7.4% | -8.4% |
每股收益（稀释后）AVAVVNET
| Q4 25 | $-0.34 | — | ||
| Q3 25 | $-1.44 | — | ||
| Q2 25 | $0.59 | — | ||
| Q1 25 | $-0.06 | — | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $0.75 | — | ||
| Q2 24 | $0.18 | — | ||
| Q1 24 | $0.50 | — |
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 | $492.1M |
| 总债务越低越好 | $747.5M | — |
| 股东权益账面价值 | $4.4B | $890.8M |
| 总资产 | $5.6B | $6.1B |
| 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AVAVVNET
| Q4 25 | $588.5M | — | ||
| Q3 25 | $685.8M | $492.1M | ||
| Q2 25 | $40.9M | — | ||
| Q1 25 | $47.0M | $544.3M | ||
| Q4 24 | $69.0M | — | ||
| Q3 24 | $81.2M | $219.5M | ||
| Q2 24 | $73.3M | $247.2M | ||
| Q1 24 | $107.7M | $246.9M |
总债务AVAVVNET
| Q4 25 | $747.5M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $17.5M | $1.2B | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $40.0M | — |
股东权益AVAVVNET
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | $890.8M | ||
| Q2 25 | $886.5M | — | ||
| Q1 25 | $861.1M | $927.8M | ||
| Q4 24 | $858.4M | — | ||
| Q3 24 | $845.5M | $902.9M | ||
| Q2 24 | $822.7M | $900.6M | ||
| Q1 24 | $813.0M | $895.1M |
总资产AVAVVNET
| Q4 25 | $5.6B | — | ||
| Q3 25 | $5.6B | $6.1B | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.0B | $5.4B | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $999.2M | $4.3B | ||
| Q2 24 | $1.0B | $4.0B | ||
| Q1 24 | $980.3M | $3.9B |
负债/权益比AVAVVNET
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | 1.28× | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.05× | — |
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 | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $-193.1M |
| 自由现金流率自由现金流/营收 | -11.8% | -53.2% |
| 资本支出强度资本支出/营收 | 2.3% | 84.6% |
| 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 | $-240.7M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流AVAVVNET
| Q4 25 | $-45.1M | — | ||
| Q3 25 | $-123.7M | $113.8M | ||
| Q2 25 | $-264.0K | — | ||
| Q1 25 | $-25.8M | $27.0M | ||
| Q4 24 | $-3.6M | — | ||
| Q3 24 | $28.4M | $108.3M | ||
| Q2 24 | $-11.7M | $55.8M | ||
| Q1 24 | $52.6M | $37.1M |
自由现金流AVAVVNET
| Q4 25 | $-55.9M | — | ||
| Q3 25 | $-146.5M | $-193.1M | ||
| Q2 25 | $-8.8M | — | ||
| Q1 25 | $-29.6M | $-220.0M | ||
| Q4 24 | $-8.7M | — | ||
| Q3 24 | $22.9M | $-95.0M | ||
| Q2 24 | $-20.8M | $-81.6M | ||
| Q1 24 | $48.8M | $-102.2M |
自由现金流率AVAVVNET
| Q4 25 | -11.8% | — | ||
| Q3 25 | -32.2% | -53.2% | ||
| Q2 25 | -3.2% | — | ||
| Q1 25 | -17.7% | -71.1% | ||
| Q4 24 | -4.6% | — | ||
| Q3 24 | 12.1% | -31.4% | ||
| Q2 24 | -10.5% | -29.8% | ||
| Q1 24 | 26.1% | -38.9% |
资本支出强度AVAVVNET
| Q4 25 | 2.3% | — | ||
| Q3 25 | 5.0% | 84.6% | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.3% | 79.8% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.9% | 67.3% | ||
| Q2 24 | 4.6% | 50.1% | ||
| Q1 24 | 2.0% | 53.0% |
现金转化率AVAVVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -1.93× | — | ||
| Q1 24 | 3.79× | — |
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% |
VNET
暂无分部数据
