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AVIAT NETWORKS, INC.（AVNW）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
FTAI Infrastructure Inc.的季度营收约是AVIAT NETWORKS, INC.的1.7倍（$188.4M vs $111.5M），AVIAT NETWORKS, INC.净利率更高（5.1% vs -79.7%，领先84.9%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -5.7%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% vs 0.3%）
Aviat Networks是全球领先的微波传输与回传解决方案供应商，为公共及私营通信运营商提供通信基础设施支撑，同时也面向企业客户提供相关产品与服务，助力客户构建稳定高效的通信网络。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
AVNW vs FIP — 直观对比
营收规模更大
FIP
是对方的1.7倍
$111.5M
营收增速更快
FIP
高出101.6%
-5.7%
净利率更高
AVNW
高出84.9%
-79.7%
两年增速更快
FIP
近两年复合增速
0.3%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $111.5M | $188.4M |
| 净利润 | $5.7M | $-150.2M |
| 毛利率 | 32.4% | — |
| 营业利润率 | 6.5% | — |
| 净利率 | 5.1% | -79.7% |
| 营收同比 | -5.7% | 95.9% |
| 净利润同比 | 27.2% | -387.6% |
| 每股收益（稀释后） | $0.44 | $-1.32 |
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AVNWFIP
| Q1 26 | — | $188.4M | ||
| Q4 25 | $111.5M | $143.5M | ||
| Q3 25 | $107.3M | $140.6M | ||
| Q2 25 | $115.3M | $122.3M | ||
| Q1 25 | $112.6M | $96.2M | ||
| Q4 24 | $118.2M | $80.8M | ||
| Q3 24 | $88.4M | $83.3M | ||
| Q2 24 | $116.7M | $84.9M |
净利润AVNWFIP
| Q1 26 | — | $-150.2M | ||
| Q4 25 | $5.7M | $-97.7M | ||
| Q3 25 | $162.0K | $-104.5M | ||
| Q2 25 | $5.2M | $-70.0M | ||
| Q1 25 | $3.5M | $120.2M | ||
| Q4 24 | $4.5M | $-124.7M | ||
| Q3 24 | $-11.9M | $-43.0M | ||
| Q2 24 | $1.5M | $-48.1M |
毛利率AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | 32.4% | — | ||
| Q3 25 | 33.2% | — | ||
| Q2 25 | 34.2% | — | ||
| Q1 25 | 34.9% | — | ||
| Q4 24 | 34.6% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 35.3% | — |
营业利润率AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | -45.7% | ||
| Q3 25 | 4.8% | -70.8% | ||
| Q2 25 | 7.7% | -56.4% | ||
| Q1 25 | 8.3% | 81.8% | ||
| Q4 24 | 6.7% | -152.7% | ||
| Q3 24 | -17.6% | -51.7% | ||
| Q2 24 | 4.7% | -56.4% |
净利率AVNWFIP
| Q1 26 | — | -79.7% | ||
| Q4 25 | 5.1% | -68.1% | ||
| Q3 25 | 0.2% | -74.4% | ||
| Q2 25 | 4.5% | -57.2% | ||
| Q1 25 | 3.1% | 125.0% | ||
| Q4 24 | 3.8% | -154.4% | ||
| Q3 24 | -13.4% | -51.6% | ||
| Q2 24 | 1.3% | -56.7% |
每股收益（稀释后）AVNWFIP
| Q1 26 | — | $-1.32 | ||
| Q4 25 | $0.44 | $-1.04 | ||
| Q3 25 | $0.01 | $-1.38 | ||
| Q2 25 | $0.42 | $-0.73 | ||
| Q1 25 | $0.27 | $0.89 | ||
| Q4 24 | $0.35 | $-1.21 | ||
| Q3 24 | $-0.94 | $-0.45 | ||
| Q2 24 | $0.11 | $-0.52 |
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 | $86.5M | $37.9M |
| 总债务越低越好 | $105.4M | — |
| 股东权益账面价值 | $271.6M | $-122.5K |
| 总资产 | $659.4M | $5.7B |
| 负债/权益比越低杠杆越低 | 0.39× | — |
8季度趋势，按日历期对齐
现金及短期投资AVNWFIP
| Q1 26 | — | $37.9M | ||
| Q4 25 | $86.5M | $57.4M | ||
| Q3 25 | $64.8M | $34.7M | ||
| Q2 25 | $59.7M | $33.6M | ||
| Q1 25 | $49.4M | $26.3M | ||
| Q4 24 | $52.6M | $27.8M | ||
| Q3 24 | $51.0M | $20.3M | ||
| Q2 24 | $64.6M | $33.1M |
总债务AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | $105.4M | $3.8B | ||
| Q3 25 | $106.5M | $3.7B | ||
| Q2 25 | $87.6M | $3.1B | ||
| Q1 25 | $73.9M | $2.8B | ||
| Q4 24 | $74.9M | $1.6B | ||
| Q3 24 | $83.4M | $1.5B | ||
| Q2 24 | $48.4M | $1.6B |
股东权益AVNWFIP
| Q1 26 | — | $-122.5K | ||
| Q4 25 | $271.6M | $21.3M | ||
| Q3 25 | $263.6M | $181.1M | ||
| Q2 25 | $263.2M | $375.5M | ||
| Q1 25 | $256.1M | $476.2M | ||
| Q4 24 | $249.6M | $202.7M | ||
| Q3 24 | $247.1M | $370.8M | ||
| Q2 24 | $255.9M | $394.8M |
总资产AVNWFIP
| Q1 26 | — | $5.7B | ||
| Q4 25 | $659.4M | $5.7B | ||
| Q3 25 | $643.3M | $5.5B | ||
| Q2 25 | $633.3M | $4.4B | ||
| Q1 25 | $628.3M | $4.1B | ||
| Q4 24 | $594.1M | $2.4B | ||
| Q3 24 | $590.9M | $2.4B | ||
| Q2 24 | $535.2M | $2.5B |
负债/权益比AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | 0.39× | 176.99× | ||
| Q3 25 | 0.40× | 20.59× | ||
| Q2 25 | 0.33× | 8.21× | ||
| Q1 25 | 0.29× | 5.79× | ||
| Q4 24 | 0.30× | 7.84× | ||
| Q3 24 | 0.34× | 4.14× | ||
| Q2 24 | 0.19× | 3.94× |
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 | $23.9M | $-69.4M |
| 自由现金流经营现金流 - 资本支出 | $22.5M | — |
| 自由现金流率自由现金流/营收 | 20.2% | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | 4.18× | — |
| 过去12个月自由现金流最近4个季度 | $16.1M | — |
8季度趋势，按日历期对齐
经营现金流AVNWFIP
| Q1 26 | — | $-69.4M | ||
| Q4 25 | $23.9M | $-2.8M | ||
| Q3 25 | $-11.7M | $-24.4M | ||
| Q2 25 | $10.5M | $-5.2M | ||
| Q1 25 | $1.6M | $-85.7M | ||
| Q4 24 | $20.8M | $-8.1M | ||
| Q3 24 | $-27.2M | $14.2M | ||
| Q2 24 | $8.3M | $-17.6M |
自由现金流AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | $22.5M | $-68.6M | ||
| Q3 25 | $-13.5M | $-90.7M | ||
| Q2 25 | $8.2M | $-87.5M | ||
| Q1 25 | $-1.2M | $-151.7M | ||
| Q4 24 | $18.3M | $-34.3M | ||
| Q3 24 | $-32.6M | $-11.7M | ||
| Q2 24 | $7.5M | $-32.1M |
自由现金流率AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | -47.8% | ||
| Q3 25 | -12.6% | -64.5% | ||
| Q2 25 | 7.1% | -71.6% | ||
| Q1 25 | -1.0% | -157.7% | ||
| Q4 24 | 15.5% | -42.4% | ||
| Q3 24 | -36.8% | -14.0% | ||
| Q2 24 | 6.4% | -37.9% |
资本支出强度AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 45.9% | ||
| Q3 25 | 1.6% | 47.2% | ||
| Q2 25 | 2.0% | 67.3% | ||
| Q1 25 | 2.5% | 68.6% | ||
| Q4 24 | 2.1% | 32.5% | ||
| Q3 24 | 6.1% | 31.1% | ||
| Q2 24 | 0.7% | 17.2% |
现金转化率AVNWFIP
| Q1 26 | — | — | ||
| Q4 25 | 4.18× | — | ||
| Q3 25 | -72.48× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.46× | -0.71× | ||
| Q4 24 | 4.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.37× | — |
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
AVNW
| Products | $81.2M | 73% |
| Services | $30.3M | 27% |
FIP
暂无分部数据
